Norway is one of the largest countries in Europe, but with only about 5.5 million inhabitants very sparsely populated. The country is known not only for its glaciers, mountains and coastal fjords, but also for its highly developed economy, prosperity and well-functioning social system. Norway is rich in natural resources such as oil, natural gas, fish and minerals, which form the basis for many of the major public companies listed on the Oslo Stock Exchange. We present a selection of Norwegian stocks in this article.
By the way: Shares from Norway are available at CapTrader directly on the Oslo Stock Exchange from NOK 60.00. Order fee tradable. Please note the special features of the two exchanges OSE (only price display, no tradability) and OMXNO (trading).
Orkla
- Company: Orkla ASA
- Symbol (TWS): ORK
- ISIN: NO0003733800
- Stock Exchange: Oslo Stock Exchange
- Country: Norway
- Currency: Norwegian Krone (NOK)
- Market capitalization: NOK 83.21 billion / USD 8.57 billion
- Sales (TTM) in USD: 54.73 billion
Orkla is a conglomerate operating mainly in the food industry. In addition to food, food ingredients, confectionery and snacks, the Oslo-based company is active in the care products, industrial and financial investment sectors. Formerly a conglomerate, Orkla has transformed itself since the 2008/2009 financial crisis and has since positioned itself primarily as a consumer company. Orkla emphasizes that an important goal for shareholders is a continuously increasing dividend. The dividend has not been reduced since 1997, but dividend growth has not been very high in recent years either.
Mowi
- Company: Mowi ASA
- Symbol (TWS): MOWI
- ISIN: NO0003054108
- Stock Exchange: Oslo Stock Exchange
- Country: Norway
- Currency: Norwegian Krone (NOK)
- Market capitalization: NOK 111.9 billion / USD 11.54 billion
- Sales (TTM) in USD: 4.28 billion
Norway is known for good fish, especially salmon and trout. Mowi is a food company located on the southwest coast of Norway in the city of Bergen and has a share of 25-30 % of the world market for salmon and trout. The company is involved in the farming, processing and distribution of the fish. In addition, Mowi manufactures feed and distributes numerous other seafood and processed products. The company's stock has been able to shine with consistently strong performance over the past 10 years. In 2022, the stock broke out to a new all-time high in May, which was followed by a correction of nearly 20 %.
Equinor
- Company: Equinor ASA
- Symbol (TWS): EQNR
- ISIN: NO0010096985
- Stock Exchange: Oslo Stock Exchange
- Country: Norway
- Currency: Norwegian Krone (NOK)
- Market capitalization: NOK 1130 billion / USD 116.62 billion
- Sales (TTM) in USD: 129.22 billion
Equinor - formerly Statoil - is active in oil and gas production. The company is one of the largest oil producers in the world and produces around two million barrels of oil equivalent per day. Equinor operates in 30 countries worldwide and intends to focus increasingly on renewable energies in the future. The company operates solar energy plants and offshore wind farms and already supplies more than 170 million households with energy.
DNB
- Company: DNB ASA
- Symbol (TWS): DNB
- ISIN: NO0010161896
- Stock Exchange: Oslo Stock Exchange
- Country: Norway
- Currency: Norwegian Krone (NOK)
- Market capitalization: NOK 306.84 billion / USD 31.62 billion
- Sales (TTM) in USD: 61.19 billion
DNB is Norway's largest bank and offers financial services to private and corporate customers in Norway and other countries. In addition to savings and investment products and loans such as mortgages, car loans and consumer loans, DNB offers insurance products for houses, land, vehicles and a variety of other products. The company is in much better shape today than before the financial crisis and has increased its exposure to real estate, among many other industries. Since July, DNB shares have already recovered significantly from their annual lows, rising 15 - 20 % and are currently trading around 10 percent below their highs.
Norsk Hydro
- Company: Norsk Hydro ASA
- Symbol (TWS): NHY
- ISIN: NO0005052605
- Stock Exchange: Oslo Stock Exchange
- Country: Norway
- Currency: Norwegian Krone (NOK)
- Market capitalization: NOK 134.68 billion / USD 13.89 billion
- Sales (TTM) in USD: 194.55 billion
Norsk Hydro is one of the world's most important aluminum producers and operates in around 50 countries around the world. The Norwegian state holds 34 % of the shares in the company. Another 6.5 % belong to the state pension fund. In addition to producing aluminum, Norsk Hydro produces and sells alumina, trades in other metals, and manufactures parts for the construction and automotive industries, as well as several other industries. Founded in 1905, the company is headquartered in Oslo.