Block Watne AS is the largest independent Norwegian player exclusively engaged in building homes. Block Watne builds approximately 1 000 houses each year, and the company has delivered over 86 000 houses since the 1950s. Operations are conducted from 21 regional offices – from Trøndelag in the north down to the south. The company’s teams of carpenters build the house at the construction site.
The Hetlandhus brand was relaunched in 2009 with a portfolio of nine reasonable priced standardised houses with defined optional extras. The houses, which are produced in modules at SmålandsVillan’s production facilities in Sweden, satisfy Norwegian building regulations. A network of retailers has been established in the central part of Østlandet (south east Norway), and the first houses were sold and completed in the latter part of 2009.
Key figures Norway (NOK Million) |
2009 |
2008 |
2007 |
2006 |
| Operating revenue |
1 479 |
1 459 |
1 641 |
1 528 |
| EBITDA |
212 |
229 |
302 |
253 |
| EBIT |
205 |
222 |
294 |
249 |
| EBITDA margin |
14,3% |
15,7% |
18,4% |
16,5% |
| EBIT margin |
13,9% |
15,2% |
17,9% |
16,3% |
| Order intake |
1 587 |
1 158 |
1 438 |
1 686 |
| Order backlog |
585 |
452 |
782 |
966 |
| Number of employees |
474 |
503 |
717 |
604 |