Margins and profitability in refrigeration installation, heat pump installation and installation of fireplaces
394 Norwegian companies in this industry. The median company kept 4.5 % of every krone.
27 % of the companies in this industry posted a negative operating result that year.
The distribution
What companies in the industry earned
One tenth of companies fell below -7.5 %, and one tenth above 18.5 %. That is the real spread in the industry, not an average.
Top against weakest third
Size
Profitability by size
| Revenue | Companies | Median operating margin |
|---|---|---|
| 1 to 5 m | 196 | 3.3 % |
| 5 to 20 m | 127 | 5.1 % |
| 20 to 100 m | 63 | 6.9 % |
Companies are split into revenue bands, with the median margin in each. Bands with fewer than ten companies are omitted, because the median becomes too unstable to show.
Geography
Where the companies are based
- Oslo26
- Kristiansand S7
- Haugesund6
- Sandnes5
- Drammen5
- Stord5
The six postal towns with the most companies in this industry, by registered business address.
Public contracts
Who in the industry wins public contracts
17 of 394 companies in the industry have won at least one public contract since 2022, that is 4.3 %.
Those that win have median revenue of 30.2 m kr, against 4.7 m kr for those that do not. That is 6.4× as much. Note that this describes who wins, not evidence that contracts make companies large; large companies also find it easier to bid.
The 33 contracts we find come most often from these buyers.
- Vestland fylkeskommune4
- Drammen Eiendom KF2
- Forsvarsbygg2
- Moss Kommunale Eiendomsselskap KF2
- Ntnu2
Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.
Questions and answers
Common questions about refrigeration installation, heat pump installation and installation of fireplaces
- What is a normal operating margin in refrigeration installation, heat pump installation and installation of fireplaces?
- The median company kept 4.5 % of every krone. That means half of the 394 companies in the sample were above it, and half below.
- What separates the best from the weakest in refrigeration installation, heat pump installation and installation of fireplaces?
- The top third kept 14.3 % of every krone, against -3.1 % for the weakest third. The spread is 17 percentage points, and that is within the same industry, the same country and the same year.
- How many companies are there in refrigeration installation, heat pump installation and installation of fireplaces in Norway?
- We hold filed accounts for 394 Norwegian companies on this industry code with at least one million kroner in revenue. The real number is higher, since dormant and very small companies are excluded.
- How many are loss-making in refrigeration installation, heat pump installation and installation of fireplaces?
- 27 % of the companies in the sample posted a negative operating result.
- How large is a typical company in refrigeration installation, heat pump installation and installation of fireplaces?
- Median revenue is 5.1 m kr. Half of the companies fall between 2.4 m kr and 13.3 m kr.
- How much do public contracts matter in refrigeration installation, heat pump installation and installation of fireplaces?
- 17 of 394 companies, that is 4.3 %, have won at least one public contract since 2022. They have median revenue of 30.2 m kr, against 4.7 m kr for the rest.
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