Largest corporate groups by combined revenue in Telemark
Groups ranked by the sum of their companies' most recently reported operating revenue. Companies are grouped by ultimate owner via majority ownership (over 50%%) in the ownership graph. Only groups with at least two companies.
Together the 100 companies on this list account for NOK 57.4bn. Top of the list is SKAGERAK ENERGI AS with NOK 8.1bn, ahead of ERAMET NORWAY AS. The largest industry is rental and operating of own or leased real estate, with 9 companies.
Largest by revenue
Most profitable
Highest operating margin
Revenue per employee
Operating profit per employee
Payroll cost per employee
Largest equity
Largest groups
Largest employers
Newly registered companies
Oldest companies
#
Company
Combined revenue
1
SKAGERAK ENERGI AS
org.nr 980495302 · Porsgrunn, Telemark · 14 companies
NOK 8.1bn
2
ERAMET NORWAY AS
org.nr 980518647 · Porsgrunn, Telemark · 2 companies
NOK 7.4bn
3
INEOS HOLDINGS NORGE AS
org.nr 991192328 · Bamble, Telemark · 4 companies
NOK 4.1bn
4
FRAMTRE SA
org.nr 989086642 · Porsgrunn, Telemark · 8 companies
NOK 2.8bn
5
STENA RECYCLING AS
org.nr 983594506 · Porsgrunn, Telemark · 5 companies
NOK 2.4bn
6
ISOLA HOLDING AS
org.nr 813003252 · Porsgrunn, Telemark · 10 companies
NOK 1.8bn
7
DYRANUT AS
org.nr 996311627 · Vinje, Telemark · 33 companies
NOK 1.6bn
8
AUTOSTRADA GRUPPEN AS
org.nr 989132857 · Porsgrunn, Telemark · 14 companies
NOK 1.6bn
9
TELEMARK GROUP AS
org.nr 999508049 · Skien, Telemark · 8 companies
NOK 1.4bn
10
SELTOR GRUPPEN AS
org.nr 993398330 · Porsgrunn, Telemark · 12 companies
NOK 992.0m
11
FJELLVÅKEN HOLDING AS
org.nr 985847142 · Skien, Telemark · 26 companies
NOK 967.1m
12
ROMNES HOLDING AS
org.nr 922988153 · Skien, Telemark · 21 companies
NOK 948.5m
13
PARAGON HOLDING AS
org.nr 911735539 · Skien, Telemark · 11 companies
NOK 811.1m
14
FACTIBILIS AS
org.nr 915270883 · Skien, Telemark · 5 companies
NOK 733.7m
15
VEST-TELEMARK KRAFTLAG HOLDING AS
org.nr 925604313 · Tokke, Telemark · 6 companies
NOK 701.4m
16
DOWN UNDER AS
org.nr 924681225 · Nome, Telemark · 9 companies
NOK 682.1m
17
JALA EIENDOM AS
org.nr 947668498 · Porsgrunn, Telemark · 4 companies
NOK 650.6m
18
KEBONY AS
org.nr 997870719 · Skien, Telemark · 2 companies
NOK 583.0m
19
TINN KOMMUNE
org.nr 864963552 · Tinn, Telemark · 13 companies
NOK 565.8m
20
HIBERNIAN HOLDING AS
org.nr 987990813 · Skien, Telemark · 21 companies
NOK 554.5m
21
NORTHERN DATA NOR AS
org.nr 925207950 · Notodden, Telemark · 3 companies
NOK 554.5m
22
NOTODDEN KOMMUNE
org.nr 938583986 · Notodden, Telemark · 21 companies
NOK 553.9m
23
REDO BIOSOLUTIONS AS
org.nr 984238126 · Porsgrunn, Telemark · 2 companies
NOK 535.3m
24
ERNST INVEST AS
org.nr 991493352 · Porsgrunn, Telemark · 6 companies
NOK 450.1m
25
HYKO INVEST AS
org.nr 991668306 · Skien, Telemark · 3 companies
NOK 418.4m
26
NORDBAKE AS
org.nr 991992219 · Skien, Telemark · 2 companies
NOK 410.8m
27
UNIWATER HOLDCO AS
org.nr 933913422 · Skien, Telemark · 4 companies
NOK 386.8m
28
FOR FUTURE INVEST AS
org.nr 986308091 · Skien, Telemark · 4 companies
NOK 386.6m
29
ERIK TANCHE NILSSEN INVEST AS
org.nr 989050508 · Skien, Telemark · 3 companies
NOK 376.1m
30
TELEMARK ENTREPRENØR HOLDING AS
org.nr 928774961 · Porsgrunn, Telemark · 3 companies
NOK 355.9m
31
REFRESCO NORWAY HOLDING AS
org.nr 935416841 · Fyresdal, Telemark · 7 companies
NOK 343.3m
32
MASKINIA HOLDING AS
org.nr 992360240 · Porsgrunn, Telemark · 7 companies
NOK 336.7m
33
TELEMARK ENERGI AS
org.nr 925110671 · Nome, Telemark · 3 companies
NOK 336.5m
34
HÖGANÄS BORGESTAD AS
org.nr 913936175 · Skien, Telemark · 2 companies
NOK 332.8m
35
TRG AS
org.nr 989205749 · Porsgrunn, Telemark · 9 companies
NOK 332.8m
36
NOHA AS
org.nr 986212639 · Porsgrunn, Telemark · 15 companies
NOK 325.6m
37
HÅKANES AS
org.nr 989159046 · Tinn, Telemark · 2 companies
NOK 318.5m
38
SKIEN KOMMUNE
org.nr 938759839 · Skien, Telemark · 15 companies
NOK 310.2m
39
HANES AS
org.nr 920938558 · Skien, Telemark · 4 companies
NOK 306.6m
40
CAND PHARM C. CRISTOFFERSEN AS
org.nr 989174401 · Skien, Telemark · 2 companies
NOK 281.0m
41
TELEMARK BILRUTER AS
org.nr 924099658 · Seljord, Telemark · 5 companies
NOK 276.4m
42
TIPP TRANSPORT HOLDING AS
org.nr 988671495 · Porsgrunn, Telemark · 8 companies
NOK 269.6m
43
SAG AS
org.nr 989028367 · Skien, Telemark · 5 companies
NOK 268.2m
44
G. COWARD AS
org.nr 929683943 · Skien, Telemark · 2 companies
NOK 257.0m
45
FLEMING INDUSTRIER AS
org.nr 998845718 · Notodden, Telemark · 3 companies
NOK 253.1m
46
TAXI TRANSPORT TELEMARK AS
org.nr 970976841 · Skien, Telemark · 3 companies
NOK 249.8m
47
STURGEON HOLDING AS
org.nr 925020389 · Skien, Telemark · 2 companies
NOK 246.9m
48
RESERVOIR FARADAY HOLDING AS
org.nr 925239712 · Skien, Telemark · 2 companies
NOK 245.7m
49
ANTIN AS
org.nr 989208330 · Skien, Telemark · 13 companies
NOK 237.8m
50
BREIBEKK HOLDING AS
org.nr 913289994 · Midt-telemark, Telemark · 4 companies
NOK 231.5m
51
TROSVIK GROUP AS
org.nr 924033185 · Porsgrunn, Telemark · 7 companies
NOK 228.7m
52
ONERA GRUPPEN AS
org.nr 928117944 · Porsgrunn, Telemark · 14 companies
NOK 228.1m
53
DMK HOLDING AS
org.nr 993914592 · Nome, Telemark · 15 companies
NOK 214.3m
54
PALLA PHARMA NORWAY HOLDING AS
org.nr 919610581 · Kragerø, Telemark · 3 companies
NOK 214.1m
55
GAUSTA SKI & RESORT AS
org.nr 891680422 · Tinn, Telemark · 2 companies
NOK 210.8m
56
B SVEINSSON AS
org.nr 915632521 · Skien, Telemark · 5 companies
NOK 205.3m
57
KRAGERØ KOMMUNE
org.nr 963946902 · Kragerø, Telemark · 6 companies
NOK 201.4m
58
MI HOLDING AS
org.nr 889008822 · Bamble, Telemark · 6 companies
NOK 200.4m
59
SSI AS
org.nr 989234331 · Porsgrunn, Telemark · 7 companies
NOK 198.3m
60
HOSEID AS
org.nr 817238912 · Drangedal, Telemark · 5 companies
NOK 197.1m
61
MOSEBØ INVEST AS
org.nr 914361389 · Skien, Telemark · 3 companies
NOK 196.1m
62
SENFI NORWAY AS
org.nr 998735696 · Porsgrunn, Telemark · 4 companies
NOK 189.3m
63
SKORVE GRUPPEN AS
org.nr 987885084 · Kviteseid, Telemark · 5 companies
NOK 183.3m
64
GRØNAASEN AS
org.nr 889176172 · Kragerø, Telemark · 5 companies
NOK 182.3m
65
NILS-JOHAN TUFTE HOLDING AS
org.nr 924990023 · Bamble, Telemark · 10 companies
NOK 177.3m
66
SPEAKER HOLDING AS
org.nr 835393542 · Kragerø, Telemark · 2 companies
NOK 176.9m
67
SUPERKNUT INVEST AS
org.nr 918136061 · Skien, Telemark · 6 companies
NOK 176.4m
68
RUNAR BAKKEN AS
org.nr 988986437 · Notodden, Telemark · 5 companies
NOK 176.1m
69
BETTEN INVEST AS
org.nr 989140760 · Tokke, Telemark · 6 companies
NOK 165.1m
70
HELLA INVEST AS
org.nr 988958565 · Bamble, Telemark · 3 companies
NOK 163.0m
71
TIPP FRAKT HOLDING AS
org.nr 923086382 · Porsgrunn, Telemark · 3 companies
NOK 156.2m
72
SAMFOSA AS
org.nr 926769170 · Porsgrunn, Telemark · 17 companies
NOK 152.5m
73
HEIDENREICH-RIIS OG LILLEFJÆRE AS
org.nr 997035364 · Skien, Telemark · 7 companies
NOK 151.9m
74
SOLHEIM LIE AS
org.nr 914741955 · Midt-telemark, Telemark · 2 companies
NOK 151.5m
75
ARNE THORSEN HOLDING AS
org.nr 983636608 · Skien, Telemark · 4 companies
NOK 150.4m
76
EKSPERT GRUPPEN AS
org.nr 989224328 · Midt-telemark, Telemark · 6 companies
NOK 150.0m
77
SAG HOLDING AS
org.nr 989171984 · Tinn, Telemark · 5 companies
NOK 149.9m
78
HK GROUP AS
org.nr 953063514 · Skien, Telemark · 2 companies
NOK 148.5m
79
DRANGEDAL KOMMUNE
org.nr 933277461 · Drangedal, Telemark · 4 companies
NOK 146.4m
80
ASSISTCO AS
org.nr 864371272 · Tinn, Telemark · 2 companies
NOK 142.7m
81
SMS-HOLDING AS
org.nr 915890768 · Skien, Telemark · 4 companies
NOK 139.2m
82
ET HOLDING AS
org.nr 989212648 · Porsgrunn, Telemark · 5 companies
NOK 139.1m
83
LAC HOLDING AS
org.nr 877275442 · Bamble, Telemark · 8 companies
NOK 136.0m
84
MEAKSMOEN HOLDING AS
org.nr 992758651 · Skien, Telemark · 2 companies
NOK 132.2m
85
TELEMARK BYGGENTREPRENØR HOLDING AS
org.nr 922176027 · Midt-telemark, Telemark · 5 companies
NOK 127.8m
86
MIAS GRUPPEN AS
org.nr 976599969 · Tinn, Telemark · 9 companies
NOK 126.9m
87
SNØÅS HOLDING AS
org.nr 927095602 · Kragerø, Telemark · 3 companies
NOK 125.9m
88
HAUGO INVEST AS
org.nr 928200973 · Kviteseid, Telemark · 3 companies
NOK 125.8m
89
GRENLAND BOLIGBYGGELAG
org.nr 947173219 · Porsgrunn, Telemark · 19 companies
NOK 124.5m
90
YNWA ETABLERING AS
org.nr 922847002 · Porsgrunn, Telemark · 2 companies
NOK 124.4m
91
LEK HOLDING AS
org.nr 988846678 · Kragerø, Telemark · 2 companies
NOK 117.1m
92
THOR R NILSEN AS
org.nr 822758592 · Bamble, Telemark · 2 companies
NOK 114.4m
93
BGT HOLDING AS
org.nr 915180558 · Skien, Telemark · 3 companies
NOK 113.8m
94
H. HOLTE HOLDING AS
org.nr 926675923 · Midt-telemark, Telemark · 3 companies
NOK 113.6m
95
STAR BILSKADE VESTFOLD OG TELEMARK AS
org.nr 961915937 · Skien, Telemark · 3 companies
NOK 113.5m
96
RESERVOIR HOLDING AS
org.nr 922177619 · Skien, Telemark · 2 companies
NOK 109.3m
97
SL1 HOLDING AS
org.nr 821690102 · Porsgrunn, Telemark · 5 companies
NOK 109.2m
98
KÅSA HOLDING AS
org.nr 925400939 · Seljord, Telemark · 8 companies
NOK 106.2m
99
MW EARTH HOLDING AS
org.nr 989194933 · Skien, Telemark · 2 companies
NOK 106.0m
100
STEINAR MOE EIENDOM AS
org.nr 933089118 · Skien, Telemark · 3 companies
NOK 104.0m
Showing 100 companies
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Source
Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.
The list is ranked on the most recently reported financial figures. See method and caveats below.
These lists show actual registered figures from public sources (the Brønnøysund registers). They are not an assessment of creditworthiness, solidity or suitability as a customer, supplier or investment. Figures are for the most recently reported financial year.