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Annual report 2025

At AF, we aim to build the best teams that perform at a high level, take pride in their craft and enjoy their work.

News in AF Gruppen

  • AF Gruppen with record-high activity level and result in the first quarter

    AF Gruppen had revenues in the first quarter of NOK 7,978 million, representing a growth of 12 percent compared to the corresponding quarter in 2025. Earnings before tax (EBT) amounted to NOK 318 million in the quarter, an improvement of 49 percent from the same quarter in 2025. The company has a strong cash flow from operating activities and maintains a solid order backlog.

    13.05.2026

  • Awarded contract for Sjöviksverket in Trelleborg

    AF Bygg Syd, a subsidiary of AF Gruppen, will carry out the new construction and refurbishment of Sjöviksverket for the Municipality of Trelleborg. The contract value amounts to approximately SEK 530 million, excluding VAT.

    04.05.2026

  • AF Gruppen acquires Claxton Engineering Services

    AF Gruppen strengthens its position in decommissioning, life extension of offshore installations, and offshore wind by entering into an agreement to acquire all shares in Claxton, together with the company’s senior executives. Claxton has international operations, revenues exceeding NOK 1,000 million, and strong profitability.

    15.04.2026