Norwegian Strong Balance Sheet Stocks

RomReal

Market Cap: NOK 108.1m

Engages in property investment and development in Romania.

Norsk Hydro

Market Cap: NOK 148.1b

Engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities worldwide.

Lytix Biopharma

Market Cap: NOK 671.7m

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

ADS Maritime Holding

Market Cap: NOK 163.3m

Operates as a shipping investment company in Cyprus.

Goodtech

Market Cap: NOK 303.1m

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

MPC Container Ships

Market Cap: NOK 7.7b

Owns and operates a portfolio of container vessels.

Yara International

Market Cap: NOK 101.4b

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

ContextVision

Market Cap: NOK 299.6m

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

Arendals Fossekompani

Market Cap: NOK 7.4b

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

Thor Medical

Market Cap: NOK 1.5b

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

Ocean Sun

Market Cap: NOK 86.6m

Develops floating power system with solar panels.

Oncoinvent

Market Cap: NOK 215.2m

A clinical stage company, develops radiopharmaceutical therapies against cancer.

NRC Group

Market Cap: NOK 1.6b

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

Pexip Holding

Market Cap: NOK 7.9b

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.

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 1.6m

Operates as a property and investment company in Norway.

Bruton

Market Cap: NOK 2.3b

Through its subsidiaries, owns and operates crude oil tankers.

NorAm Drilling

Market Cap: NOK 1.4b

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

Hafnia

Market Cap: NOK 28.3b

Owns and operates oil product tankers in Bermuda.

Western Bulk Chartering

Market Cap: NOK 548.0m

Operates as a dry bulk shipping company.

Zaptec

Market Cap: NOK 2.0b

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 1.1b

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

StandardCoin

Market Cap: NOK 671.0

Operates platform supply vessels (PSVs).

Otello

Market Cap: NOK 1.4b

Through its subsidiary, provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway.

Nel

Market Cap: NOK 4.4b

A hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally.

Saga Pure

Market Cap: NOK 1.0b

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

PetroNor E&P

Market Cap: NOK 1.5b

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

Nykode Therapeutics

Market Cap: NOK 793.5m

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

Nordic Financials

Market Cap: NOK 35.5m

Does not have significant operations.

Sentia

Market Cap: NOK 6.1b

Engages in the construction business in Norway and Sweden.

Borregaard

Market Cap: NOK 19.3b

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

Zelluna

Market Cap: NOK 211.5m

Develops T-cell receptor (TCR) cellular immunotherapy products for the treatment of solid cancers.

Otovo

Market Cap: NOK 251.5m

Operates an online marketplace for solar installations in Norway.

Gentian Diagnostics

Market Cap: NOK 882.2m

Develops, manufactures, and sells biochemical reagents for use in medical diagnostics and research in the United States, Asia, and Europe.

Petrolia

Market Cap: NOK 272.7m

Engages in the rental and sale of energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia.

Nekkar

Market Cap: NOK 1.2b

Operates as an industrial company builder in Europe, Turkey, Asia, Australia, New Zealand, North America, the United Arab Emirates, Africa, the United States, South America, India, Norway, and internationally.