Frydenbø Milpro is a leading Nordic integrator of bespoke light boat platforms and integrated solutions for defence and professional use, established in 2015 as a carve-out from Frydenbø Marine. The company specialises in customer-specific engineering of small boat platforms, including RIBs, inflatables and other types of light crafts typically below 10 metres, delivered as complete systems with engines, electronics, modular ballistic protection and mission-specific equipment tailored to customer requirements. Frydenbø Milpro operates with an asset-light "system integrator" model, owning design, engineering, project execution and quality assurance, while sourcing boats, engines, electronics and ballistic protection from a network of more than 100 subcontractors. Frydenbø Milpro is headquartered in Sætre, Norway, with waterfront access, deep-water quay and assembly facilities, and is led by a lean team of highly experienced professionals.
Frydenbø Milpro has demonstrated strong and profitable growth. Revenue grew at a CAGR of approximately 40% from NOK 14 million in 2020 to NOK 81 million in 2025 through purely organic growth which reflects the scalability of the asset-light system-integrator model. For 2026, Frydenbø Milpro is forecasting revenue of NOK 150–160 million with adjusted EBIT of NOK 30–40 million, supported by a year-to-go orderbook of approximately NOK 120 million and an identified weighted pipeline of approximately NOK 265 million for 2027–2028. Since inception, Frydenbø Milpro has served around 50 customers, all within the professional segment, with the Norwegian and Swedish Armed Forces accounting for approximately 75% of historical revenue.