Norwegian Potentially Undervalued Companies

Austevoll Seafood

Market Cap: NOK 18.9b

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 4.0b

Produces, markets, and sells packaging, components, and insulation solutions in Norway and internationally.

Aker BP

Market Cap: NOK 135.0b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

Archer

Market Cap: NOK 1.8b

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

Sea1 Offshore

Market Cap: NOK 2.6b

Owns and operates offshore support vessels for the offshore energy service industry.

Europris

Market Cap: NOK 12.1b

Operates as a discount variety retailer in Norway.

Odfjell

Market Cap: NOK 6.8b

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.

Aker Solutions

Market Cap: NOK 13.7b

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.

Lerøy Seafood Group

Market Cap: NOK 26.4b

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

Odfjell Technology

Market Cap: NOK 1.6b

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 1.3b

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

Multiconsult

Market Cap: NOK 4.7b

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

AutoStore Holdings

Market Cap: NOK 24.3b

A robotic and software technology company, provides warehouse automation solutions in Norway, Germany, rest of Europe, the United States, Asia, and internationally.

Scana

Market Cap: NOK 953.3m

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

StrongPoint

Market Cap: NOK 410.4m

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

Hexagon Composites

Market Cap: NOK 3.8b

Engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels in Europe, North America, South-East Asia, Africa, Oceania, and Norway.

Yara International

Market Cap: NOK 78.5b

Provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand.

Höegh Autoliners

Market Cap: NOK 14.3b

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

Vow

Market Cap: NOK 389.2m

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.

MPC Container Ships

Market Cap: NOK 6.8b

Owns and operates a portfolio of container vessels.

Frontline

Market Cap: NOK 3.5b

A shipping company, engages in the ownership and operation of oil and product tankers worldwide.

Gentoo Media

Market Cap: NOK 2.5b

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

Instabank

Market Cap: NOK 847.3m

Provides various banking products and services in Norway.

NRC Group

Market Cap: NOK 826.8m

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

Sparebanken Møre

Market Cap: NOK 4.6b

Provides banking services for retail and corporate customers in Norway.

Airthings

Market Cap: NOK 281.0m

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 1.4b

Provides various banking products and services in Norway.

Norske Skog

Market Cap: NOK 1.6b

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

TietoEVRY Oyj

Market Cap: NOK 1.8b

Operates as a software and services company.

Cool

Market Cap: NOK 2.9b

Acquires, owns, operates, and charters liquefied natural gas carriers (LNGCs).

DNB Bank

Market Cap: NOK 369.9b

Provides financial services to individuals and businesses in Norway and internationally.

SpareBank 1 SMN

Market Cap: NOK 25.0b

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

Hafnia

Market Cap: NOK 21.9b

Owns and operates oil product tankers in Bermuda.

Solstad Offshore

Market Cap: NOK 3.0b

Owns and operates offshore service vessels.

2020 Bulkers

Market Cap: NOK 2.4b

Owns and operates large dry bulk vessels worldwide.

Elektroimportøren

Market Cap: NOK 584.0m

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