Norwegian Strong Balance Sheet Stocks

ContextVision

Market Cap: NOK 245.9m

A software company, provides image analysis and imaging for medical systems in South Korea, China, Japan, the United States, and internationally.

MPC Container Ships

Market Cap: NOK 12.0b

Owns and operates a portfolio of container vessels in Intra-Asia, South America, Europe, the Middle East, Africa, and internationally.

Arendals Fossekompani

Market Cap: NOK 9.7b

An industrial investment company, provides cyber secure satellite and mobile communications in Norway, Europe, Asia, and North America.

Goodtech

Market Cap: NOK 392.6m

Provides control systems, digitization, and production optimization services for the manufacturing industry in Norway, Sweden, the United States, Japan, Demark, Chile, and internationally.

ADS Maritime Holding

Market Cap: NOK 176.1m

Operates as a shipping investment company in Cyprus.

Lytix Biopharma

Market Cap: NOK 699.8m

A clinical stage biotech company, develops novel cancer immunotherapies for cancer therapy in the United States.

Yara International

Market Cap: NOK 122.1b

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

Norsk Hydro

Market Cap: NOK 217.6b

Engages in power production, bauxite extraction, alumina refining, aluminum smelting, recycling activities, and extruded solutions worldwide.

Bonheur

Market Cap: NOK 9.5b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Germany, the Netherlands, France, Norway, Europe, Asia, the Americas, Africa, and Internationally.

RomReal

Market Cap: NOK 111.3m

Engages in property investment and development in Romania.

Elliptic Laboratories

Market Cap: NOK 362.6m

An artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive markets in Norway, the United States, China, South Korea, Taiwan, and Japan.

EAM Solar

Market Cap: NOK 43.5m

Acquires, owns, and operates solar power plants in Europe.

AutoStore Holdings

Market Cap: NOK 37.0b

Provides robotic and software technology in Norway, Germany, rest of Europe, the United States, Asia, and internationally.

Tekna Holding

Market Cap: NOK 850.7m

Engages in the development, manufacture, and sale of micron and nanopowders, and plasma process solutions in North America, Europe, Asia, and internationally.

Pexip Holding

Market Cap: NOK 7.6b

A video technology company, offers end-to-end video conferencing platform and digital infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

5th Planet Games

Market Cap: NOK 343.9m

Engages in financing and publishing of video games worldwide.

Bergen Carbon Solutions

Market Cap: NOK 180.5m

Operates as a clean carbon technology and materials company in Norway.

Oncoinvent

Market Cap: NOK 194.8m

A clinical stage company, develops radiopharmaceutical therapies against cancer.

Protector Forsikring

Market Cap: NOK 37.4b

Operates as a non-life insurance company, provides general insurance and reinsurance services in Norway, Sweden, Finland, Denmark, the United Kingdom and France.

Aker Clean Hydrogen

Market Cap: NOK 2.7b

Aker Clean Hydrogen AS develops, builds, owns, and operates clean hydrogen, ammonia, and methanol facilities worldwide.

ABBH

Market Cap: NOK 707.0k

Operates as a property and investment company in Norway.

Skandia GreenPower

Market Cap: NOK 203.1m

Provides electricity and energy-saving services in Norway.

Bruton

Market Cap: NOK 3.2b

Through its subsidiaries, owns and operates crude oil tankers.

Zaptec

Market Cap: NOK 4.1b

Engages in the development and sale of chargers, charging systems, and services for electric car charging in Norway, Sweden, Switzerland, Denmark, Iceland, rest of Europe, and internationally.

ArcticZymes Technologies

Market Cap: NOK 1.0b

A life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, in vitro diagnostics, and biomanufacturing.

NorAm Drilling

Market Cap: NOK 1.9b

Together with its subsidiary, owns and operates AC driven onshore rigs for the drilling of horizontal wells in the United States.

Western Bulk Chartering

Market Cap: NOK 709.4m

Operates as a dry bulk shipping company.

Hafnia

Market Cap: NOK 35.4b

An investment holding company, owns and operates oil product tankers in Bermuda.

Aker Solutions

Market Cap: NOK 21.8b

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.

2020 Bulkers

Market Cap: NOK 81.3m

Owns and operates large dry bulk vessels worldwide.

Vistin Pharma

Market Cap: NOK 917.9m

Through its subsidiary, Vistin Pharma AS, engages in the production and sale of active pharmaceutical ingredients (APIs) in Africa, Europe, Asia, and North and South America.

StandardCoin

Market Cap: NOK 671.0

Operates platform supply vessels (PSVs).

PetroNor E&P

Market Cap: NOK 1.7b

Operates as an independent oil and gas exploration and production company in the Republic of Congo, the Gambia, and Nigeria.

Nykode Therapeutics

Market Cap: NOK 1.0b

A clinical-stage biopharmaceutical company, discovers and develops novel immunotherapies for the treatment of cancer and autoimmune diseases.

CodeLab Capital

Market Cap: NOK 55.3m

Provides software development tools in Norway and internationally.

Borregaard

Market Cap: NOK 13.8b

Engages in the development, production, and marketing of specialized biochemicals and biomaterials in Norway, rest of Europe, Asia, the United States, and internationally.