Press

AF Gruppen has been nominated by Halden municipality as design and build contractor for Os school and sports arena. The estimated contract value is NOK 493 million excluding VAT.

AF Gruppen has entered an agreement with Fyrstikkbakken 14 AS to build 4 apartment blocks in mass timber consisting of 163 apartments. Fyrstikkbakken 14 is a FutureBuilt-project with a goal of reducing the carbon footprint by 50 %. Fyrstikkbakken 14 is owned 50/50 by Birk & Co AS and AF Eiendom.

Selvaag Bolig has signed an agreement through its subsidiary Sandsliåsen Utbygging with LAB Entreprenør, a part of the AF Gruppen, for the construction of 199 apartments in the Sandsli neighbourhood of Bergen.

AF Gruppen (AFG) reports an excellent result for Q4 2020. Revenues increased by 16% to NOK 7,485 million in the quarter and earnings before tax increased by 58% to NOK 614 million. The profit margin was 8.2% in Q4 and 5.4% for 2020.