Norwegian Strong Balance Sheet Stocks

PCI Biotech Holding

Market Cap: NOK 49.5m

A biopharmaceutical company, focuses on the development and commercialization of novel therapies for the treatment of cancer through its photochemical internalization (PCI) technology platform.

Lytix Biopharma

Market Cap: NOK 345.4m

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

Bonheur

Market Cap: NOK 9.5b

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

Arendals Fossekompani

Market Cap: NOK 7.0b

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

ADS Maritime Holding

Market Cap: NOK 143.4m

Operates as a shipping investment company.

Scana

Market Cap: NOK 927.9m

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

Norconsult

Market Cap: NOK 13.4b

Provides consultancy services with focus on community planning, engineering design, and architecture in the Nordics and internationally.

ContextVision

Market Cap: NOK 416.9m

A medical technology software company, provides image analysis and imaging for medical systems in Asia, Europe, and America.

AMSC

Market Cap: NOK 1.8b

Through its subsidiaries, invests in maritime assets and companies in the United States.

RomReal

Market Cap: NOK 103.8m

Engages in property investment and development in Romania.

Thor Medical

Market Cap: NOK 759.3m

Produces and supplies alpha-particle emitters for cancer therapy in Norway.

Nordhealth

Market Cap: NOK 2.8b

Provides healthcare software solutions in Norway, Finland, Sweden, Denmark, Germany, and internationally.

Desert Control

Market Cap: NOK 335.4m

Provides climate-smart agri-tech solutions to combat desertification, soil degradation, and water scarcity in sandy soil regions in the United Arab Emirates and the United States.

Pexip Holding

Market Cap: NOK 3.8b

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

Protector Forsikring

Market Cap: NOK 27.5b

Operates as a non-life insurance company, provides direct general insurance and reinsurance to the commercial lines of business, public sector, and affinity schemes.

Europris

Market Cap: NOK 12.1b

Operates as a discount variety retailer in Norway.

Bergen Carbon Solutions

Market Cap: NOK 121.7m

Develops, manufactures, and sells nanofibers, nanotubes, and graphite using carbon dioxide and hydropower.

Ocean Sun

Market Cap: NOK 49.7m

Develops floating power system with solar panels.

Aker Clean Hydrogen

Market Cap: NOK 2.7b

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

Awilco Drilling

Market Cap: NOK 29.8m

Does not have significant operations.

Cyviz

Market Cap: NOK 388.8m

Manufactures and sells products for conference rooms, control rooms, and experience centers worldwide.

ArcticZymes Technologies

Market Cap: NOK 868.2m

A life sciences company, develops, manufactures, and commercializes recombinant enzymes for use in molecular research, in vitro diagnostics, and biomanufacturing in Norway, Germany, Lithuania, France, Italy, rest of Europe, the United States, and internationally.

Polaris Media

Market Cap: NOK 4.0b

Operates as a media house and printing company in Norway and Sweden.

Vistin Pharma

Market Cap: NOK 1.0b

Through its subsidiary, Vistin Pharma AS, produces and sells active pharmaceutical ingredients (APIs) worldwide.

Western Bulk Chartering

Market Cap: NOK 464.0m

Operates as a dry bulk shipping company.

NorAm Drilling

Market Cap: NOK 1.2b

Owns and operates AC driven rigs tailored for the drilling of horizontal wells in the United States.

Hafnia

Market Cap: NOK 22.1b

Owns and operates oil product tankers in Bermuda.

Standard Supply

Market Cap: NOK 41.3m

Operates platform supply vessels (PSVs).

Nekkar

Market Cap: NOK 1.1b

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

CodeLab Capital

Market Cap: NOK 22.5m

Provides cloud solutions for health professionals in Norway and internationally.

Nykode Therapeutics

Market Cap: NOK 732.8m

A clinical-stage biopharmaceutical company, discovers and develops novel immunotherapies.

Saga Pure

Market Cap: NOK 640.0m

An investment company, engages in the investment and management related to industry, energy, and real estate.

Oncoinvent

Market Cap: NOK 132.7m

A clinical stage company, develops products to treat cancer patients.

Borregaard

Market Cap: NOK 16.6b

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

Nordic Financials

Market Cap: NOK 763.7k

An energy company, focuses on solar power and renewable energy businesses in Europe.

Petrolia

Market Cap: NOK 221.3m

Sells and rents energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia.