VIBO Entreprenør

VIBO Entreprenør

VIBO Entreprenør is carries out all types of construction assignments in the geographical area Kristiansund to Trondheim.

HQ location
Rindal, Norway
Website
Launch date
Company register number
982749425
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DateInvestorsAmountRound

N/A

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR201220152016201720182019
Revenues000000000000000000000000
% growth--(2 %)(20 %)(3 %)(14 %)
EBITDA000000000000000000000000
% EBITDA margin-4 %3 %2 %1 %1 %
Profit000000000000000000000000
% profit margin-3 %2 %1 %1 %1 %
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Company filings or news article

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VIBO Entreprenør AS, a Norwegian construction contractor, has a history rooted in the merger of several established local firms. The company was formally established in 2001, carrying on the operations of Landsem og Løfald Entreprenør AS, which had been in the contracting business since 1971, and M. Botten AS, with traditions in residential construction and concrete work dating back to 1952. A significant development occurred in 2011 when VIBO merged with the contracting division of Kvatro AS. The investment firm Salvesen & Thams became the sole owner in 2018. Another key milestone was the merger with its sister company, B&B Entreprenør AS, which became effective on January 1, 2021. The merged entity continued under the name B&B Entreprenør AS, combining the strengths and local anchoring of both companies.

The company operates as a general contractor for all types of construction projects, serving a geographical area from Kristiansund to Trondheim. Its client base includes public sector entities and private clients seeking new builds, renovations, and conversions. The business model is centered around providing comprehensive construction services, including general and total contracting for new buildings, rehabilitation, restoration, and conversions. VIBO has distinct divisions to manage its diverse operations: a service department for smaller repairs and renovations, a residential construction unit which is a member of the Nordbohus chain, and a main contracting division that handles larger projects like public, commercial, and agricultural buildings.

VIBO Entreprenør provides a wide array of construction services. For larger projects, it acts as a total and main contractor, managing everything from new builds to complex rehabilitation and restoration jobs. Its service division is equipped with fully outfitted service vehicles to handle smaller-scale jobs, such as renovations, extensions, and maintenance work for the rehabilitation, alteration, and extension (ROT) market. The company also has specialized expertise in concrete work. A key operational strategy is its strong emphasis on local collaboration, frequently engaging with local subcontractors and suppliers to deliver total projects. Prior to its final merger, the company's residential building activities were set to continue under Nordbohus Orkladal AS and its concrete station under Surnadal Betong AS.

Keywords: general contractor, construction services, building contractor, civil engineering, property development, rehabilitation projects, restoration services, new builds, commercial construction, residential construction, public buildings, agricultural buildings, concrete work, project management, Norwegian construction, Trøndelag contractor, Nordmøre contractor, Salvesen & Thams, B&B Entreprenør, total-entrepriser

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