Norwegian Undervalued Small Caps

AKVA group

Market Cap: NOK 3.5b

Designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry.

BW Energy

Market Cap: NOK 10.1b

Engages in the exploration and production of oil and gas properties.

OKEA

Market Cap: NOK 1.8b

An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.

Cambi

Market Cap: NOK 3.1b

Provides thermal hydrolysis solutions for sewage sludge and organic waste management in Europe, the Americas, Asia, Africa, and Oceania.

Magnora

Market Cap: NOK 1.3b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

Rana Gruber

Market Cap: NOK 2.3b

Engages in the mining, processing, and sale of iron ore concentrate in Norway, the United Kingdom, Sweden, the United States, and internationally.

Bouvet

Market Cap: NOK 6.7b

Provides IT and digital communication consultancy services for public and private sectors in Norway, Sweden, and internationally.

Multiconsult

Market Cap: NOK 4.7b

Engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally.

Kitron

Market Cap: NOK 11.5b

Operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States.