Norwegian Growth at Reasonable Price

BW Energy

Market Cap: NOK 13.4b

Engages in the exploration and production of oil and gas properties.

Nordic Aqua Partners

Market Cap: NOK 1.7b

Develops and operates land-based Atlantic salmon farming in the People’s Republic of China.

Hexagon Composites

Market Cap: NOK 2.7b

Provides alternative fuel systems and solutions to commercial vehicles and gas distribution companies worldwide.

Europris

Market Cap: NOK 14.6b

Operates as a discount variety retailer in Norway.

OKEA

Market Cap: NOK 3.2b

An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.

Grieg Seafood

Market Cap: NOK 3.2b

A seafood company, engages in the farming, production, and sale of Atlantic salmon in Continental Europe, the United Kingdom, the United States, Canada, Asia, and internationally.

DNO

Market Cap: NOK 16.2b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

Xplora Technologies

Market Cap: NOK 1.8b

An information technology company, develops wearable smart devices, mobile phones and smartphones, connectivity, and value-added services.

Constellation Oil Services Holding

Market Cap: NOK 11.2b

Owns, charters, and operates offshore drilling rigs for exploration and production companies in Brazil.

Austevoll Seafood

Market Cap: NOK 16.6b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

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.

Archer

Market Cap: NOK 2.3b

Provides various oilfield products and services to the oil and gas industry in Norway, Europe, North America, south America, and internationally.

Lerøy Seafood Group

Market Cap: NOK 24.2b

Produces, processes, markets, sells, and distributes seafood products.

Kongsberg Maritime

Market Cap: NOK 45.1b

Kongsberg Maritime ASA, along with its subsidiaries, provides products and systems for positioning and navigation, marine automation, onshore and offshore installations, merchant marine, and safety management solutions.

Odfjell Technology

Market Cap: NOK 2.1b

Operates as a supplier of offshore operations, well services technology, and engineering solutions in Norway, the United Kingdom, rest of Europe, Kuwait, Malaysia, rest of Asia, and internationally.

Elopak

Market Cap: NOK 9.5b

Manufactures and supplies paper-based packaging system solutions for liquid products in Europe, the Middle East, Africa, Asia, Americas, Germany, Canada, Netherlands, Norway, the United States, and internationally.

Komplett

Market Cap: NOK 1.1b

Operates as an online retailer of electronics products in Norway, Sweden, and Denmark.

Multiconsult

Market Cap: NOK 4.0b

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

Sparebanken Norge

Market Cap: NOK 31.9b

A financial services company, provides banking and financing services.

P/F Bakkafrost

Market Cap: NOK 25.3b

Engages in the production and sale of salmon products in North America, Western Europe, Eastern Europe, Asia, and internationally.