A kommunalt foretak or KF (English: "municipal enterprise") is a Norwegian company type. Specifically the term relates to an undertaking owned by a municipality. An equivalent enterprise owned by a county is known as a fylkeskommunalt foretak or FKF ("county enterprise"). Each KF and FKF has its own separate board of directors and a managing director, but the undertakings are not limited liability companies. If more than one municipality and/or county is the owner, the company is instead classed as an interkommunalt selskap or IKS ("intermunicipal company"). Municipalities and counties are also permitted to own limited companies.