Norcod Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NCOD?
Owner Type	Number of Shares	Ownership Percentage
Institutions	6,265,942	10.9%
Individual Insiders	8,151,863	14.1%
General Public	19,580,184	34%
Private Companies	23,622,784	41%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 31.7%.

Top Shareholders

Top 20 shareholders own 66.02% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
20.6%	Artha Norcod IV A/S	11,838,834	NOK 181.7m	0%	no data
9.55%	Artha Norcod Vi A/S	5,505,501	NOK 84.5m	0%	no data
8.43%	Sirena Group A/S	4,856,040	NOK 74.5m	15.9%	no data
6.95%	Jan Solbaek	4,003,109	NOK 61.4m	-44.1%	no data
4.39%	Anders Bjerno	2,530,182	NOK 38.8m	0%	no data
2.65%	Danske Bank A/S, Asset Management Arm	1,524,144	NOK 23.4m	0%	0.01%
2.6%	Roger Halsebakk	1,498,572	NOK 23.0m	0%	no data
2.53%	BNY Asset Management	1,457,965	NOK 22.4m	0%	no data
1.83%	UBS Asset Management AG	1,055,673	NOK 16.2m	0%	no data
1.27%	Nordnet AB (publ), Asset Management Arm	734,459	NOK 11.3m	0%	0.13%
1.25%	Nordea Investment Management, AB	718,305	NOK 11.0m	0%	no data
0.83%	Kinondo Invest Aps	478,245	NOK 7.3m	0%	no data
0.7%	Gh Holding AS	403,734	NOK 6.2m	0%	no data
0.69%	Farvatn Private Equity As	395,808	NOK 6.1m	0%	1.96%
0.66%	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	379,588	NOK 5.8m	0%	no data
0.59%	Tian Holding As	340,430	NOK 5.2m	0%	no data
0.35%	Jakob Hatteland Holding AS	200,000	NOK 3.1m	0%	no data
0.19%	Christian Riber	107,916	NOK 1.7m	62.9%	no data
0.02%	Boe Spurre	11,584	NOK 177.8k	256%	no data
0.00087%	Hilde Storhaug	500	NOK 7.7k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/16 05:34
End of Day Share Price	2025/05/16 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Norcod AS is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.