{
  "id": 6317960,
  "title": "Betongentreprenør konkurs: 11 ansatte rammes",
  "url": "https://urgent.news/2026/09/08/betongentrepren-r-konkurs-11-ansatte-rammes",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-08T19:49:45.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/naeringsliv/i/V6XMW6/betongentreprenoer-konkurs-11-ansatte-rammes"
  },
  "original_language": "en",
  "account": "On Tuesday, a bankruptcy procedure was initiated for Cms Bygg og Anlegg AS at Oslo District Court, according to a notification in Brønnøysundregistrene. The company itself has filed for the petition. Established in 2016, Cms Bygg has operated in Frysja and Groruddalen in Oslo. The company provides various contracting services such as concrete work, reinforcement, flooring, walling, and general renovation. Their clients include professional builders, contractors, and private individuals, and they have collaborated with companies like Ruta Entreprenør AS, JI Bygg AS, NRC Group, and AIP-Gruppen. At one point, the firm employed 37 people. However, on the day of insolvency, only 11 employees remained, and two more have recently been laid off. The company is currently halted as of the insolvency date, with no ongoing projects, according to Johan Henrik Nossum, a local resident. The company owes approximately 6.6 million kroner in debt, as stated in the petition. Nossum, who recently worked as a resident in Oslo-based F8 Entreprenør, which also went bankrupt with 40 employees, believes there are still glimmers of hope despite the numerous bankruptcies in the contracting industry. He hopes that fewer losses will be incurred and that the remaining employees can continue their work and receive salaries. However, he is less optimistic about the future of Cms Bygg. The company's financial records show impressive growth, with revenue increasing from a few million kroner in 2022 to over 29.4 million kroner in 2023. Despite this growth, the company ended 2025 with a negative net worth of around 3.1 million kroner. The past few years have seen a series of bankruptcies in the construction and contracting sector, primarily due to rising interest rates and increased costs, leading to near-bankruptcy in demand and narrow margins for completed projects. These bankruptcies have occurred across various regions of Norway, with Rogaland and Vestland counties being occasional exceptions. Recently, E24 reported on the bankruptcy of Ferd-eide Byggmontasje AS, which has been operating in basements and mounting services for residential and commercial buildings in Hedmark since 2017. Recently, Oslo contractors SRK Byggentreprenør, JK Entreprenør, and F8 Entreprenør also filed for bankruptcy. In recent times, construction and contracting bankruptcies have also been reported from locations such as Ørland, Volda, Sarpsborg, Sogndal, and Ålesund.",
  "summary": "Omsetningen gikk ti-gangen på to år. Så senket tap og gjeld selskapet.",
  "key_points": [
    "Cms Bygg og Anlegg AS files for bankruptcy at Oslo District Court.",
    "Company employs 37 people, now only 11 remain.",
    "Firm owes 6.6 million kroner in debt."
  ],
  "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."
}