Developing better companies

Arendals Fossekompani (AFK) is an industrial investment company that invests in energy and technology related companies with an international market potential.

1896

Year founded

2200

Employees

27

Countries

4906

Revenue (MNOK)

501

EBITDA (MNOK)

Investments

Arendals Fossekompani (AFK) is an industrial investment company that invests in energy and technology related companies with an international market potential. AFK is also a producer of hydro power, a property developer and a financial investor.

Cogen Energia

Cogen Energia builds and operates cogeneration power plants for higher energy efficiency, reduced CO2-emissions and increased competitiveness.

EFD Induction

EFD Induction provides industrial induction heating processes in defined market segments around the world.

NSSLGlobal

NSSLGIobaI is a leading independent provider of satellite communications and IT solutions with innovation and customer service at the core of its DNA.

Tekna

Tekna delivers equipment for powder production of advanced materials. Tekna is also a producer of such powder.

Powel

Powel develops and delivers business-critical software solutions to an international market.

Scanmatic

Scanmatic deliver robust system solutions and products in the fields of instrumentation, data collection and remote monitoring and control.

Wattsight

Wattsight is a leading provider of data and consulting services to the European energy market.

Markedskraft

Markedskraft is an independent service provider in the Nordic power market and a strong driver for a transparent and ethically responsible market.

Volue

Volue helps providers of vital infrastructure and services increase the yield on their assets to grow profits in a sustainable way that benefits society.

Bøylefoss Hydropower Plant

For more than 100 years, Bøylefoss Hydropower Plant has delivered electric power to the industry and households.

Flatenfoss Hydropower Plant

Flatenfoss is situated between Nelaug and Bøylefoss in Nidelva (the Arendal river). The power plant came in to operation in 1927.

Kilandsfoss (PROJECT)

Kilandsfoss kraftverk AS has a consession to utilize the height of fall between Flatenfoss and Bøylefoss in Nidelva.

Glomsdam (PROJECT)

Glomsdam hydropower plant is under planning in Glomsdam at the outlet of Fyresvatn in Telemark.

Norselab

Norselab is Norway’s leading co-founder for meaningful technology startups.

NorSun

NorSun manufactures and markets high performance products for the global solar energy industry.

Financial Investments

AFK has several financial investments in listed and unlisted securities.

Gullknapp Aerial Center

AFK is the principal owner of Gullknapp Aerial Center, a test and competence center for drones, education of pilots and an airport.

Vindholmen Eiendom (Bryggebyen)

At Vindholmen, three kilometers outside Arendal city center, Arendals Fossekompani converts an old maritime business area into a new living district.

Steinodden Eiendom

Steinodden Eiendom AS in Kilsund in Arendal is a 8000 square meters property in a sunny location by the sea.

Bedriftsveien 17

The industrial building in Arendal is the headquarters of Scanmatic.

News

Video presentation of Q1 results

Watch our 4-minute video that highlights the first quarter of 2020.

NSSLGlobal wins new contract with German Armed Forces

Arendals Fossekompani is proud to announce that our portfolio company, NSSLGlobal, has signed a major contract with the German Armed Forces.

AFK launches green-tech group

Arendals Fossekompani groups portfolio companies Powel, Scanmantic, Markedskraft and Wattsight in a new international growth company named Volue.

Gullknapp Aerial Center well represented at Nordic drone conference

Gullknapp Aerial Center took the stage at the top Nordic conference for unmanned aircraft systems this week.

Pursuing growth opportunities in metal powders

Arendals Fossekompani’s subsidiary Tekna and metal giant Aperam establish joint venture for production of spherical powders.

Svanevik is new CEO of Arendal Fossekompani

Ørjan Svanevik (53) has been appointed CEO of Arendal Fossekompani.

Jarle Roth resigns as CEO of Arendals Fossekompani

CEO Jarle Roth of Arendals Fossekompani has informed the Board of Directors that he is resigning his position.

AFK extends sponsorship of Arendalsuka

Arendal Fossekompani continues as a main sponsor of Arendalsuka.

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