NorthQ
How we work

Every €1 of OPEX you remove adds ~€22 of asset value.
We find the OPEX.

Every krone removed from OPEX flows directly to NOI. At typical Nordic cap rates around 4.5%, that means roughly 22 krone of additional asset value for every krone you save. We find the OPEX by walking your building, reading its systems, and inspecting the equipment that runs it.

Try it with your building
Annual energy savings €25,000/yr
€5,000 (small asset) €200,000 (portfolio)
Portfolio cap rate 4.5%
3.0% (trophy class A) 8.0% (value-add)
Asset value created
€556K
added to this building's NOI-based valuation
€25,000 ÷ 4.5% = €555,556 22.2× multiplier
On-site Inspection Report
Digital Commissioning Report + Energy Savings Potential Report
Your building, fully transparent. Every zone, every system, every problem documented.
Scope
Whole building, all relevant zones
Visits
Full inspection across all systems
Data sources
All available data sources, integrated as needed - we are already integrated with most systems used across Scandinavia
Time to report
~1 month from inspection
ROI confidence
Tight estimates per zone
Paid engagement

When to pick the Screening Report

  • You suspect both heating and ventilation are underperforming
  • Indoor climate complaints are part of the picture
  • Even without CTS/BMS or stored historical data we can still build a defensible savings case - data depth is preferred, not required

When to pick On-site Inspection Report

  • You are buying, selling, or have just acquired the asset and need evidence-grade due diligence
  • You want savings quantified across every relevant measure - heating, ventilation, lighting, pumps, PV/Solar
  • You want full transparency over how the building actually operates - no hidden outliers, no unrecognised faults
Decision-grade financial data

Numbers your CFO can defend.

Every NorthQ report - advanced or full technical - delivers the same five elements. The depth varies; the structure does not.

Report deliverableSame 5 elements · Depth varies
Inside the document
01

What we found in your building

Specific technical opportunities identified during the walkthrough and analysis, prioritized by savings potential and ease of implementation. No vague "areas of consideration."

1Curve calibration
2Heat recovery dev.
3ΔP setpoint drift
4DHW recirculation
02

Savings by measure

In euro per year, broken down by optimization measure - heating, ventilation, pumps, lighting, and any other relevant zones in your asset.

€11k
Heat
€6k
Vent
€3k
Pumps
€2k
Light
€1k
Other
03

Full project economics

Savings minus hardware, installation, implementation, and our fees. The bottom line, not the gross headline.

Gross savings/yr+ €23k
Hardware + install- €5k
Implementation + fees- €3k
Net annual+ €15k
04

Payback and ROI

Months-to-payback and multi-year IRR - calculated on your building's own operational data. Most reports cannot do this: they run industry averages. We run your numbers, which is the payback you can defend.

Break-even ~14 months
05

Prioritized action plan

What to do, in what order, to capture the savings - a clear technical roadmap your team can act on or hand to ours.

Recalibrate heating curves
Optimize heat recovery efficiency
Tune ΔP control loops
Reduce DHW circulation losses

One note on what isn't in the report. The technical execution path - exactly which controls to reconfigure, which setbacks to implement, where the hidden faults are - lives in our Energy Optimization service. Finding the problem is the easy part. Fixing it correctly without disrupting building operations is what we do.

Learn more about Energy Optimization
After the report

What happens next is your call.

Three ways forward. Pick the one that fits your situation.

1

Execute the savings

You have the report. You have the action plan. You want lower operating costs showing up in your building's data by next quarter. Hand the work to our Energy Optimization team - we implement the fixes, verify the savings against the measured baseline, and report on actual performance vs. the report's estimates.

6-9 month cycle from inspection to realized savings.

2

See the full picture

Whether you started with the Screening Report or directly here - the On-site Inspection Report gives you a transparent overview of how your asset operates: energy and beyond. Every zone, every system, every level of digitalization assessed. The kind of picture you need for portfolio strategy, refinancing, or acquisition decisions.

Pick the level of diagnostics each building actually needs.

3

Stay in the data

You want continuous visibility, not a one-time snapshot. Install our data infrastructure - meters, gateways, our own data layer - and your team gets measured performance, ongoing alarms, and remote technical oversight from ours.

Your data stays accessible via API. We win by making your buildings better, not by locking you in. More on data ownership in Data →
Sustainability, documented

The savings pay off twice.

We still lead with the business case; it stands on its own. But the same verified data does double duty - it is exactly what the EU Taxonomy and green financing now ask for. When you want to actively raise the label, that is our Energy Label Upgrade Roadmap.

Every documented saving is lower kWh - which directly cuts your scope 1 and scope 2 emissions and strengthens your ESG metrics. Your energy label is different: it is a calculated rating, not a meter reading, so lower bills alone will not move it. Moving it is deliberate work - and a service in its own right.

Because the savings are documented - measured against a baseline, verified in your building's data - the numbers are real and defensible to any regulator, auditor, bank, or rating agency.

Verified by your building's own data
What documented savings unlocks
  • BREEAM & ESRS reporting Evidence-grade energy and emissions data for BREEAM / ESRS sustainability disclosure
  • EU Taxonomy alignment Documented improvements that count toward green-building substantial-contribution thresholds
  • Green financing eligibility The verified savings banks require for green loans and sustainability-linked debt
Start where it hurts

Tell us about your
most problematic building.

We'll come look at it. Free of charge for the first asset in your portfolio. Worst case: you get a defensible savings number on a building you were going to think about anyway.

Tell us about the building