Norwegian Strong Balance Sheet Stocks

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.

Lytix Biopharma

Market Cap: NOK 376.8m

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

Bonheur

Market Cap: NOK 9.6b

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

Scana

Market Cap: NOK 1.0b

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

ContextVision

Market Cap: NOK 436.4m

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

Norconsult

Market Cap: NOK 13.4b

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

AMSC

Market Cap: NOK 1.9b

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

PCI Biotech Holding

Market Cap: NOK 48.1m

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

ADS Maritime Holding

Market Cap: NOK 144.9m

Operates as a shipping investment company.

RomReal

Market Cap: NOK 105.1m

Engages in property investment and development in Romania.

Bergen Carbon Solutions

Market Cap: NOK 124.9m

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

Ocean Sun

Market Cap: NOK 56.9m

Develops floating power system with solar panels.

Europris

Market Cap: NOK 13.2b

Operates as a discount variety retailer in Norway.

Nordhealth

Market Cap: NOK 3.1b

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

Pexip Holding

Market Cap: NOK 4.1b

A video technology company, provides end-to-end video conferencing platform and digital infrastructure worldwide.

Desert Control

Market Cap: NOK 279.5m

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.

Aker Clean Hydrogen

Market Cap: NOK 2.7b

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

ArcticZymes Technologies

Market Cap: NOK 906.0m

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.

Western Bulk Chartering

Market Cap: NOK 458.9m

Operates as a dry bulk shipping company.

EXACT Therapeutics

Market Cap: NOK 220.2m

A clinical stage biopharmaceutical company, develops a technology platform for targeted therapeutic enhancement, Acoustic Cluster Therapy (ACT).

Agilyx

Market Cap: NOK 3.2b

A technology company, engages in the chemically recycling of difficult-to-recycle post-use plastic streams.

Awilco Drilling

Market Cap: NOK 552.0m

Does not have significant operations.

Vistin Pharma

Market Cap: NOK 1.1b

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

Cyviz

Market Cap: NOK 386.2m

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

NorAm Drilling

Market Cap: NOK 1.4b

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

Polaris Media

Market Cap: NOK 4.1b

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

Hafnia

Market Cap: NOK 22.5b

Owns and operates oil product tankers in Bermuda.

Nel

Market Cap: NOK 4.7b

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

CodeLab Capital

Market Cap: NOK 21.9m

Provides cloud solutions for health professionals in Norway and internationally.

Standard Supply

Market Cap: NOK 44.1m

Operates platform supply vessels (PSVs).

PetroNor E&P

Market Cap: NOK 1.4b

Operates as an independent oil and gas exploration and production company in countries offshore West Africa.

Oncoinvent

Market Cap: NOK 204.8m

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

Nykode Therapeutics

Market Cap: NOK 707.3m

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

Gentian Diagnostics

Market Cap: NOK 709.4m

Researches, develops, and produces biochemical reagents for use in medical diagnostics and research worldwide.

Nordic Financials

Market Cap: NOK 12.7m

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

Borregaard

Market Cap: NOK 17.2b

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