Bredbånds-entreprenør konkurs: 19 ansatte rammes

Fibber AS, an Oslo-based telecommunications entrepreneur, filed for bankruptcy on Tuesday in a ruling by the Oslo District Court, according to a report in Brønnøysundregistrene. The company specializes in providing fiber-optic services, delivering cables from suppliers to residential homes. In addition to these services, Fibber also offers electrical services to apartment complexes, condominiums, and private customers.

The company boasts a list of notable partners, including RiksTV, NextGenTel, GlobalConnect, and Obos Opennet. Before the bankruptcy, Fibber had 19 employees working on contract. The company is left with a debt of approximately 2.6 million kroner, as stated in the bankruptcy petition. The reason behind the bankruptcy was primarily due to a significant reduction in orders, stated Wettre to E24.

She added that the company is currently working on completing some ongoing projects. Unlike other operations, there will be no further business after the bankruptcy announcement. Fibber had 31 employees in 2023 and only hired one new employee in the second half of the year, according to their website. The company has been on the list of "gaselles" in Dagens Næringsliv's ranking of growth companies for the years 2019-2023.

To be on the list, a company must have an annual revenue of over one million kroner, submit approved financial statements, double its revenue at least once, maintain a positive net result, and show growth in revenue every year. Fibber's revenue peaked at nearly 55 million kroner with a profit of around 7.4 million kroner before tax in 2023, but it has since slowed down to 29 million kroner and a loss of nearly 2 million kroner in 2025, which is the first time since 2018 that the company reported a loss.

Since 2019, Fibber has had a total profit of 24.4 million kroner, and the company's equity was valued at 6 million kroner at the end of the previous year.