Norwegian Capital Goods Strong Balance Sheet Stocks

Goodtech

Market Cap: NOK 326.6m

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

Scana

Market Cap: NOK 727.5m

Provides technology and services for the offshore and energy industries in Norway, other European countries, the United States, Asia, and Africa.

AutoStore Holdings

Market Cap: NOK 43.9b

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

Bonheur

Market Cap: NOK 11.1b

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

Zaptec

Market Cap: NOK 3.7b

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.

Nekkar

Market Cap: NOK 1.5b

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.

Sentia

Market Cap: NOK 7.9b

Engages in the construction business in Norway and Sweden.

Otovo

Market Cap: NOK 874.3m

Operates an online marketplace for solar installations in Norway.

Fjord Defence Group

Market Cap: NOK 952.4m

A defence compounder, acquires and develops companies in the defence, security, and related segments.

Cambi

Market Cap: NOK 3.4b

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

Kongsberg Gruppen

Market Cap: NOK 262.2b

Provides high-tech systems and solutions primarily to customers in the defense markets.

Endúr

Market Cap: NOK 6.0b

Operates as a Scandinavian infrastructure contractor headquartered in Lysaker and listed on the Oslo Stock Exchange.

Norconsult

Market Cap: NOK 10.9b

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

Arendals Fossekompani

Market Cap: NOK 10.5b

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

Eqva

Market Cap: NOK 285.5m

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

Veidekke

Market Cap: NOK 23.4b

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

Cavendish Hydrogen

Market Cap: NOK 295.5m

A hydrogen fueling company, engages in development, production, marketing, sale, installation, commissioning, and service of equipment for fueling hydrogen to on-road vehicles in Denmark, the United States, South Korea, and Austria.

AF Gruppen

Market Cap: NOK 19.7b

A contracting and industrial company, provides civil engineering, construction, energy and environment, and property and offshore services in Norway and Sweden.

Etman International

Market Cap: NOK 70.2m

Through its subsidiaries, engages in the production, sale, and distribution of electrical products for the professional and residential construction markets in Scandinavia.

HAV Group

Market Cap: NOK 521.5m

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

Nel

Market Cap: NOK 5.5b

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

Tomra Systems

Market Cap: NOK 27.7b

Provides sensor-based solutions for optimal resource productivity worldwide.

AKVA group

Market Cap: NOK 4.9b

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

NRC Group

Market Cap: NOK 1.5b

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

Nordic Technology Group

Market Cap: NOK 337.2m

Operates as an industrial group.

Norsk Titanium

Market Cap: NOK 1.1b

Engages in 3D printing of metal alloys for commercial aerospace, defense, and industrial sectors in Europe and the United States.

HydrogenPro

Market Cap: NOK 381.1m

A technology company, provides green hydrogen technology solutions in Norway, Europe, the United States, and the Asia Pacific.

Multiconsult

Market Cap: NOK 4.3b

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

Inin Group

Market Cap: NOK 398.8m

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