Norva24 Group AB’s Annual and Sustainability Report 2023 is now published in English and is available at the corporate website


On track to deliver on our targets – continued excellent operating cash flow – solid organic and acquired growth – 46% of revenues taxonomy eligible green services for 2023

As the clear market leader in the underground infrastructure maintenance (UIM) market in the Nordics and in Northern Europe, we are perfectly positioned to further strengthen our position and to create value for customers, local communities and shareholders in the years to come.

2023, the continued robust growth is a key highlight and we are proud of the revenue growth of 28 percent to NOK 3.2 billion, driven by a combination of organic growth and acquisitions. Currency adjusted organic growth was 6 percent.

Our outlook remains positive. We have proven that our growth model works, and with 50 acquisitions since 2015, we have shown that we can identify new acquisition targets, complete the acquisition process successfully and integrate these new businesses into our group with subsequent profitability improvements.

CEO Henrik Norrbom

Read more in the English edition of Norva24's Annual and Sustainability Report 2023, which can be found via the following link: