AF Gruppen ASA (AFG.OL)

143.80 +0.40 (+0.28%) At close: 04:29PM CEST

AF Gruppen ASA

Innspurten 15
Oslo 0663
Norway
47 22 89 11 00
https://afgruppen.com

Sector(s): Industrials
Industry: Engineering & Construction
Full-time employees: 5,913

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Amund Tøftum	Chief Executive Officer	11.88M	N/A	1978
Ms. Anny Øen	Executive VP & CFO	1.67M	N/A	1974
Mr. Bård Frydenlund	Executive Vice President of Sweden	5.93M	N/A	1968
Mr. Tormod Solberg	Executive Vice President of Construction	5.26M	N/A	1971
Mr. Eirik Wraal	Executive Vice President of Environment & Energy	5.87M	N/A	1979
Mr. Geir Flata	Executive Vice President of Civil Engineering & Property	6.11M	N/A	1978
Mr. Lars Myhre Hjelmeset	Executive Vice President of Offshore	1.86M	N/A	1979
Mr. Knut Ekern	Communication Director	N/A	N/A	1973
Ms. Kelly Ann Fusner C.P.C.U.	Chief Underwriting Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

AF Gruppen ASA, a contracting and industrial company, provides civil engineering, environmental, construction, property, energy, and offshore services in Norway and Sweden. It offers civil engineering services including construction of various projects, such as roads, rail, airports, foundation work, building, fitting, and securing tunnels; and oil and gas installation services, and port facilities, as well as provides concrete technology, groundwork and earthmoving, geomatics and surveying, and project support services. The company also operates as a turnkey contractor that includes development and planning to buildings comprising residential, commercial, public buildings, and rehabilitation and rebuilding, as well as offers extension work services. In addition, it provides energy solutions, which includes energy performing contracting, technical turnkey contract, local power supply, and technical services and maintenance, as well as energy solutions for existing and new buildings. Further, the company engages in operation of construction and decommissioning projects including removal and recycling of offshore installations; and offers cooling and ventilation for onshore and offshore installations, rigs, and ships, as well as offshore wind services. It also operates as a contractor for demolition and environmental clean-up services for buildings and structures, such as blasting, dredging, handling of contaminated bulk material, and removal of shipwrecks. Additionally, the company provides office spaces on rental basis, and sale of homes. AF Gruppen ASA was founded in 1985 and is headquartered in Oslo, Norway.

Corporate governance

AF Gruppen ASA’s ISS governance QualityScore as of 1 May 2024 is 9. The pillar scores are Audit: 9; Board: 8; Shareholder rights: 4; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.