{
  "id": 1458418,
  "title": "Entreprenør-konkurs rammer 40 ansatte",
  "url": "https://urgent.news/2026/08/17/entrepren-r-konkurs-rammer-40-ansatte",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-17T09:21:54.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/naeringsliv/i/QJajlx/entreprenoer-konkurs-rammer-40-ansatte"
  },
  "original_language": "en",
  "account": "I the previous week, F8 Entreprenør As, a company with 40 employees, filed for bankruptcy at Oslo District Court, according to a statement from Brønnøysundregistrene. The company itself reported the case, which has also been reported by Bygg.no, Estate Nyheter, and Nettavisen. Johan Henrik Nossum, a landlord, informs that F8 had 40 employees at the time of the filing and leaves behind a debt of 37.6 million kroner, as per the bankruptcy opening certificate. Boet, the company, is now working on getting an overview of the underlying causes of the bankruptcy. Nossum explains that the decline in sales margins was due to increased competition in the market, which led the company to reduce its capacity in order to avoid unprofitable contracts. However, the company did not sufficiently reduce its fixed costs, resulting in liquidity problems for the company. Many in the construction industry face similar issues, according to Nossum. Boet is now trying to adapt to continue operating. They hope to limit losses and mitigate adverse consequences in a situation that is difficult for all parties involved. F8 Entreprenør was established as late as 2019 and is located at Smalvollveien on Alnabru in Oslo. The company's profits exploded from near 8.5 million kroner in revenues in 2021 to around 223 million kroner in 2023, according to proff.no. In 2024, revenues dropped by more than half to around 107 million kroner. The decline in operating income is evident, while the company has been profitable since 2020. The net profit fell from over 27 million kroner in 2023 to nearly 0.7 million kroner in 2024, the last available fiscal year. Shareholder equity has remained positive throughout this period, standing at 5.1 million kroner at the beginning of 2025. E24 has reported that there have been several bankruptcies in the construction and engineering sector in recent years, with underlying factors such as high interest rates and rising costs contributing to near stagnation in demand and fragile margins for individual contracts. The downturn has affected many parts of the country, with Rogaland and Vestland counties being exceptions. Recently, construction and engineering bankruptcies have occurred in places such as Ørland, Volda, Sarpsborg, Sogndal, Ålesund, and the Oslo region, among others. E24 has not been successful in contacting the former CEO of F8 Entreprenør.",
  "summary": "Selskapet økte omsetningen fra åtte til over 200 millioner på to år. Så kom smellen.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}