- Business
- SmartCraft ASA (SMCRT.OL), the leading Nordic provider of software-as-a-service (SaaS) solutions for craftsmen and the construction industry, develops and delivers digital tools that enhance efficiency, profitability and project management for small- and medium-sized enterprises (SMEs) including plumbers, electricians, painters and contractors. The company offers an extensive portfolio of specialized products such as Cordel and El-verdi for cable dimensioning, electrical calculations, quoting and project management; HomeRun for communication during property renovations and new constructions; Locka for sales and customer journey management in property development; Clixifix for defect and aftercare management; Congrid for quality assurance, safety and risk management on construction sites; Kvalitetskontroll for cloud-based project quality control; Coredination and ELinn for operational management and fieldwork; SmartCraft Spark for intelligent quoting and calculations tailored to electricians; and SmartCraft Flow for HVAC and plumbers, all unified under the emerging SmartCraft Core platform with BIM support and planned AI-enabled modules. Founded in 1987 as System Konsult AS in Alesund, Norway, and headquartered in Honefoss, Norway, SmartCraft operates 16 offices across Norway, Sweden, Finland and the United Kingdom, serving over 13,800 customers and 180,000 users primarily in maintenance, renovation and service segments through subsidiaries including SmartCraft Sweden AB, Homerunbynet Oy, SmartCraft Norway AS and Kvalitetskontroll AS. Recent developments include the December 2024 launch of SmartCraft Spark and the Q3 2025 soft-launch of SmartCraft Flow as scalable global offerings; progression of the SmartCraft Core platform to streamline development and cross-selling; robust Q1 2025 ARR growth of 23% year-over-year with 6% organic; ongoing transition of acquired businesses like Locka and Clixifix to recurring revenue models; entry into the UK market via acquisitions; and a December 1, 2025 announcement of relisting proceedings to Stockholm alongside a cross-border merger.