1000+
Employees
4,6 bill NOK.
Assets
1,4 bill NOK.
Turnover
500
Rental properties
54
Companies
10
Countries
Key Facts
Spabogruppen AS is the parent company of the group and manages assets worth approximately 4.6 billion NOK if the property portfolio is valued at market value. The group's activities include property (Spabo) and service industries (Amesto).
In 2023, the group had a total turnover of 1,361 million NOK through a total of 54 companies (51 of which were operational in 2023).
In 2023, Amesto's companies had a turnover of 1,139 million NOK, through a total of 31 operational companies. No consolidated financial statements have been prepared for Amesto Group AS because the consolidated financial statements are prepared for the parent company, Spabogruppen AS.
Spabo AS is the parent company of the property companies. Spabo AS consists of 22 operational companies, with Spabo Eiendom AS (residential) and Spabo Nærings AS (commercial properties) being the leading ones.
The companies own and manage approximately 500 rental properties. The market value of the property portfolio is estimated to be just under 4.1 billion NOK, adjusted for minorities, with approximately 50% allocated to residential properties and 50% to commercial properties.
The total turnover of the property business was 223 million NOK in 2023. During the year, 280 million NOK was invested in new properties and renovation.
Among Norway's most innovative companies for the 5th time in a row
We are incredibly proud to yet again be ranked as one of Norway’s top 25 most innovative companies, coming in at a solid 13th place in 2025. We believe that innovation is about more than just increasing profits. We work hard to also include the People and Planet dimensions in all of our innovation projects.
"Sustainable innovation starts with a strong set of values, skilled leaders who prioritize new ideas, and a good innovation process. Amesto has all of these, and it has played a significant role in the company being included on the list of Norway's 25 most innovative companies".
– Truls Berg, head of the jury, is a Norwegian serial entrepreneur and author.
Organisational structure
Spabogruppen is the parent company for a number of companies in Norway, Sweden, Denmark, Ireland, Spain, and the the US.