Norwegian Capital Goods Potentially Undervalued Companies

Multiconsult

Market Cap: NOK 4.7b

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

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.

NRC Group

Market Cap: NOK 826.8m

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

Hexagon Purus

Market Cap: NOK 728.4m

Provides hydrogen and battery energy storage solutions.

Eqva

Market Cap: NOK 393.9m

Provides technical solutions and services to maritime and land based industries in Norway and internationally.

AKVA group

Market Cap: NOK 2.3b

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

Cadeler

Market Cap: NOK 18.5b

Engages in offshore wind farm installation, operations, and maintenance services in Denmark.

Moreld

Market Cap: NOK 2.0b

Provides integrated solutions for the energy, marine, and industrial sectors in Norway and internationally.

HAV Group

Market Cap: NOK 234.5m

Through its subsidiaries, provides technology and services for maritime and marine industries worldwide.

Nekkar

Market Cap: NOK 1.1b

Provides technologies, software, and automation solutions to offshore energy, renewables, and aquaculture industries.

Cambi

Market Cap: NOK 2.7b

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

Inin Group

Market Cap: NOK 353.2m

An investment company, focuses on infrastructure and industry services in Norway, Sweden, and internationally.

Goodtech

Market Cap: NOK 254.3m

Provides control systems, digitization, and production solutions for production companies in Norway, Sweden, Finland, Europe, and internationally.

Veidekke

Market Cap: NOK 19.4b

Operates as a construction and property development company in Norway, Sweden, and Denmark.

Bonheur

Market Cap: NOK 9.4b

Engages in the renewable energy, wind service, and cruise businesses in Norway, Europe, Asia, the Americas, Africa, and Internationally.

Arendals Fossekompani

Market Cap: NOK 6.8b

An industrial investment company, owns and operates hydropower plants in Norway, rest of Europe, Asia, and North America.

Cavendish Hydrogen

Market Cap: NOK 175.8m

Engages in the development and manufacture of hydrogen fueling stations in Norway, North America, Asia, Denmark, the United States, South Korea, and the rest of Europe.

Argeo

Market Cap: NOK 211.9m

Provides technical solutions and services to the surveying and inspection industry in Norway and Europe.

Integrated Wind Solutions

Market Cap: NOK 1.6b

Through its subsidiaries, provides offshore wind services in Norway, Denmark, Taiwan, Belgium, France, Finland, the United Kingdom, and internationally.

Aker

Market Cap: NOK 41.6b

Operates as an industrial investment company in Norway, Europa, North America, South America, and internationally.

HydrogenPro

Market Cap: NOK 343.7m

Engages in designing and delivering hydrogen technology and systems in Norway, Europe, the United States, and the Asia Pacific.

Envipco Holding

Market Cap: NOK 253.8m

Designs, develops, manufactures, assembles, markets, sells, leases, and services reverse vending machines (RVM) to collect and process used beverage containers primarily in the Netherlands, North America, and rest of Europe.