Norwegian Capital Markets Stock News

Zalaris (OB:ZAL) has delivered impressive earnings momentum, turning profitable over the past five years with average annual earnings growth of 26.3%. In the most recent period, earnings growth accelerated to 40.2%, outpacing the company's historical trend. Net profit margins also improved from 3.8% to 4.5%. The quality of reported earnings remains high, setting the stage for investors who are weighing consistent profit and margin expansion against questions of valuation and financial...

Gjensidige Forsikring (OB:GJF) posted an impressive turnaround in its latest earnings, with net profit margin soaring to 14.3% from last year’s 10% and earnings growth clocking in at 57.5%, a stark contrast to its five-year average annual decline of 5.3%. While earnings are forecast to grow at 9.86% annually and revenue at 6.1% per year, both outpacing the broader Norwegian market’s 2.3% forecast, the company trades below its discounted cash flow fair value. However, its 21x price-to-earnings...

Bonheur (OB:BONHR) reported a net profit margin of 9.4% in its most recent period, up from 7.5% last year. This signals higher profitability. EPS has continued its upward trajectory over the past five years, growing by an impressive 67.1% annually. However, last year’s earnings growth moderated to 16.3%. Despite shares trading at NOK224.5 and attractive valuation multiples, expectations for the next three years are tempered by forecast declines in both revenue (down 0.09% annually) and EPS...

As European markets navigate a mixed landscape, with the pan-European STOXX Europe 600 Index slightly up and major indexes showing varied performances, investors are closely watching growth companies that demonstrate resilience and potential amidst economic fluctuations. In this context, stocks with high insider ownership can be particularly attractive as they often signal strong alignment between management and shareholder interests, which is crucial during periods of expected earnings growth.

Atea (OB:ATEA) is forecasting annual revenue growth of 7.5%, comfortably ahead of the Norwegian market's 3.9% yearly pace. Earnings are expected to accelerate at 20.4% per year, topping the broader market's 14% growth. However, net profit margin has tightened to 2.1% from 2.3% last year. Over the last five years, earnings growth has averaged 4% annually, and the share price sits at NOK148.8, notably below an estimated fair value of NOK281.27 according to discounted cash flow analysis. While...

When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

TGS (OB:TGS) just reported a one-off loss of $294.5 million that weighed heavily on its latest results, pushing net profit margins down to 1.4% from last year’s 3.3%. Earnings are set for a powerful rebound, with forecasts calling for 50.1% annual growth ahead of the Norwegian market’s 14%, but revenue growth is expected to be nearly flat at just 0.1% per year. For investors, that means strong projected earnings power faces off against lingering profitability challenges and a history of...

Elkem (OB:ELK) reported net profit margins of 4.1%, down sharply from 19.9% last year. Results were boosted by a one-off NOK792.0 million gain in the past twelve months. Over the past five years, earnings have declined by 3.4% per year. Looking ahead, earnings are forecast to surge by nearly 85% annually over the next three years, with revenue also expected to climb 7.4% each year, outpacing the Norwegian market average. While the near-term growth outlook is ambitious, investors will be...

Sparebanken Møre (OB:MORG) has delivered earnings growth of 15.5% per year over the last five years, but in the most recent period, net profit margins slipped to 20% from 22.2% a year ago. Looking ahead, future earnings are forecast to grow at 5.3% per year, notably slower than the broader Norwegian market’s 14% rate. Revenue is expected to rise at 3.7% annually compared to the market’s 3.9% average. While investors may pause at the moderating growth figures and shrinking margins, underlying...

Kitron (OB:KIT) saw its net profit margin slip to 4.5% from 5.4% last year, reflecting a dip in profitability. While earnings declined year over year, forecasts point to a sharp rebound with earnings set to climb 18.26% per year and revenue projected to gain 14% annually. This is well above the 3.9% pace expected for the broader Norwegian market. Despite elevated valuation multiples relative to industry peers, strong growth forecasts on both top and bottom lines remain a key draw for...

Protector Forsikring (OB:PROT) reported revenue growth forecasts of 9.1% per year, outpacing the Norwegian market average of 3.9%. While EPS is projected to grow at 2% annually, this lags behind the broader market’s 14% rate, and the net profit margin narrowed to 15.7% from last year’s 16.1%. Over the past five years, annual earnings have grown by an average of 14.9%, but slowed to 11% last year. Investors are now weighing these slowing earnings and margin trends against strong revenue...

DNB Bank (OB:DNB) delivered a net profit margin of 50.6% for the period, up from 48.8% last year, and reported earnings growth of 13.3% year over year. Over the past five years, the bank has achieved an average annual earnings growth of 18.6%, while its shares are currently trading at NOK259.6, reflecting a significant discount to the estimated fair value of NOK473.83 and to peers based on valuation multiples. See our full analysis for DNB Bank. The real test is how these headline numbers...

Storebrand (OB:STB) reported net profit margins of 9.8%, up from 6.5% last year, and posted a 1.5% uptick in earnings growth for the year. The company’s strong revenue outlook, with a projected 7.9% annual growth pace that easily outpaces the wider Norwegian market’s 2.6%, and its high-quality earnings, put the focus on ongoing growth momentum. Investors are watching whether Storebrand’s relative undervaluation on a price-to-earnings basis and profit expansion can outweigh concerns about the...

As European markets navigate a landscape marked by mixed performances among major indices and economic indicators, investors are increasingly looking toward small-cap stocks for potential opportunities. In this environment, identifying companies with strong fundamentals and growth potential can be particularly rewarding.

Aker BP (OB:AKRBP) delivered mixed headline results: revenue is forecast to grow 5.3% per year, topping the broader Norwegian market’s 2.6% annual pace. Earnings are expected to rise at a 16.2% clip, which is faster than the domestic average of 13.7%. Despite this positive outlook, the company’s net profit margin has slipped to 6.2% compared to 13.6% last year, and earnings growth turned negative over the most recent period after averaging 24.3% per year over the last five years. As investors...

Borregaard (OB:BRG) delivered a solid earnings report, with EPS growth averaging 11.7% per year over the past five years and a 10.6% increase in the most recent period. The company maintains a strong net profit margin of 11.4%, up from 11% last year. With no flagged risks and high quality earnings, forward-looking estimates show anticipated annual earnings growth of 14.41%, which is set to outpace broader Norwegian market trends. These results, along with a price-to-earnings ratio below peer...

Okeanis Eco Tankers (OB:OET) has seen solid share price gains over the past three months. Investors have been watching its steady performance and returns, even as shipping industry dynamics continue to evolve. See our latest analysis for Okeanis Eco Tankers. Okeanis Eco Tankers’ share price has climbed steadily this year, notching a 24.55% year-to-date gain and an impressive 25.56% rise over the past 90 days. While its one-year total shareholder return is flat, the standout story is the...

Norwegian Air Shuttle (OB:NAS) delivered robust growth in recent years, with revenue forecast to rise 6.7% annually and earnings having grown by an impressive 78.8% per year over the last five years. However, the outlook is more muted as current earnings are projected to expand by just 0.4% per year, which is well below the Norwegian market’s 13.7% expectation. Net profit margins narrowed to 4.9% from 5.5% a year ago. Despite these softer forward numbers, the company’s sustained profit growth...

Equinor (OB:EQNR) stock edged up slightly in recent trading, sparking interest among investors who are watching for signs of momentum. The company’s shares have faced pressure over the past month, which has created debate about potential value opportunities. See our latest analysis for Equinor. While the recent share price wobble has drawn fresh attention, Equinor’s longer-term picture highlights more meaningful shifts. Over the last year, the stock’s 1-year total shareholder return is down...

Vår Energi (OB:VAR) maintained a net profit margin of 7.8%, unchanged from last year, with annual earnings growth over the past year at just 0.8%. This is notably lower than its five-year average of 24.2% per year. Looking ahead, the company forecasts earnings and revenue to grow at 4.5% per year, and its share price of NOK 32.9 currently sits below an estimated fair value. These results come as the company cements its return to profitability over the five-year period, though investors are...

Key Insights Given the large stake in the stock by institutions, ArcticZymes Technologies' stock price might be...

Aker and Nscale Global Holdings recently completed the closing of their 50/50 joint venture in Narvik, Northern Norway, launching "Aker Nscale" to provide secure, scalable, and energy-efficient infrastructure geared for sovereign AI workloads across Europe. This collaboration signals Aker’s accelerated entry into the AI infrastructure space, underscored by Kristian Røkke’s appointment as CEO and a broad operational presence in Norway. We'll examine how Aker's push into sovereign AI...

On October 20, 2025, TGS announced it was awarded an ocean-bottom node (OBN) acquisition contract for a 4D monitor survey in the Gulf of America, scheduled to begin in the fourth quarter of 2025 and last about 4.5 months. This contract, which was not previously included in TGS's reported backlog, highlights the company's momentum in a key market and its ability to secure incremental business outside earlier projections. We'll explore how this new Gulf of America contract strengthens TGS's...