Norwegian Potentially Undervalued Companies

Austevoll Seafood

Market Cap: NOK 20.6b

A seafood company, engages in the production of salmon and trout, white fish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

BEWi

Market Cap: NOK 4.6b

Provides packaging, components, and insulation solutions in Norway and internationally.

Archer

Market Cap: NOK 2.2b

Provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally.

Odfjell

Market Cap: NOK 8.0b

Provides services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in North America, South America, Norway, the Netherlands, rest of Europe, the Middle East, Asia, Africa, and Australasia.

Lerøy Seafood Group

Market Cap: NOK 30.5b

Produces, processes, markets, sells, and distributes seafood products worldwide.

Odfjell Technology

Market Cap: NOK 1.8b

A technology and engineering company, provides well, drilling operations, and engineering services in Norway, the United Kingdom, Malaysia, Europe, Asia, and internationally.

Magnora

Market Cap: NOK 1.5b

Operates as a renewable energy development company in Norway, Sweden, and the United States.

Skue Sparebank

Market Cap: NOK 825.8m

Provides various banking products and services for individual and business in Norway.

Scana

Market Cap: NOK 1.0b

Engages in the offshore, energy, and maritime businesses in Norway, rest of European countries, America, Asia, Africa, and Oceania.

Gentoo Media

Market Cap: NOK 2.8b

An iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally.

Vow

Market Cap: NOK 418.8m

Produces, delivers, and maintains systems for processing and purifying wastewater, food waste, solid waste, and bio sludge in Norway, France, Poland, the United States, and Italy.

StrongPoint

Market Cap: NOK 447.0m

Develops, sells, and implements integrated technology solutions for in-store and online shopping in Scandinavia and internationally.

Haugesund Sparebank

Market Cap: NOK 400.5m

A savings bank, provides various financial products and services to individuals and corporate customers in Norway.

Höegh Autoliners

Market Cap: NOK 15.4b

Provides ocean transportation services within the roll-on roll-off (RoRo) cargoes on deep sea and short sea markets worldwide.

Europris

Market Cap: NOK 13.8b

Operates as a discount variety retailer in Norway.

Romerike Sparebank

Market Cap: NOK 398.5m

Provides banking products and services.

Airthings

Market Cap: NOK 333.8m

A hardware-enabled software company, engages in the development of products and systems for monitoring indoor air quality, radon, and energy efficiency worldwide.

SpareBank 1 Nordmøre

Market Cap: NOK 1.5b

Provides various banking products and services in Norway.

NRC Group

Market Cap: NOK 918.3m

Operates as a rail infrastructure company in Norway, Sweden, and Finland.

Aker

Market Cap: NOK 46.4b

Operates as an industrial investment company in Norway, the European Union, North America, South America, Asia, and internationally.

Elektroimportøren

Market Cap: NOK 617.0m

Sells electrical installation products to private and professional customers in Norway.

Aker Solutions

Market Cap: NOK 15.9b

Provides solutions, products, systems, and services to the oil and gas industry in Norway, the United States, Brazil, the United Kingdom, Malaysia, Angola, Brunei, Canada, India, and internationally.

Deep Value Driller

Market Cap: NOK 1.3b

Engages in owning, contracting, and managing drilling rigs in West Africa, International Waters, and Norway.

SpareBank 1 SMN

Market Cap: NOK 25.7b

Provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally.

TietoEVRY Oyj

Market Cap: NOK 2.2b

Operates as a software and services company.

Cool

Market Cap: NOK 3.2b

Engages in the acquisition, ownership, operation, and chartering of liquefied natural gas carriers (LNGCs).

Solstad Offshore

Market Cap: NOK 3.4b

Operates offshore service vessels and maritime services to offshore energy industry.

Norske Skog

Market Cap: NOK 2.1b

Engages in the production and sale of publication and packaging paper products in Norway, rest of Europe, North America, Australasia, Asia, and Africa.

Hafnia

Market Cap: NOK 23.4b

Owns and operates oil product tankers in Bermuda.

DOF Group

Market Cap: NOK 22.7b

Owns and operates a fleet of offshore and subsea vessels.

SpareBank 1 Nord-Norge

Market Cap: NOK 14.1b

Provides banking services in Northern Norway.

Grong Sparebank

Market Cap: NOK 627.7m

An independent savings bank, provides a range of banking products and services in Norway.

Havila Kystruten

Market Cap: NOK 755.8m

Operates as a shipping company in Norway.

Standard Supply

Market Cap: NOK 41.5m

Operates platform supply vessels (PSVs).

Odfjell

Market Cap: NOK 8.0b

Provides services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in North America, South America, Norway, the Netherlands, rest of Europe, the Middle East, Asia, Africa, and Australasia.

Grieg Seafood

Market Cap: NOK 6.5b

Through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally.