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Investlytic Rankings

Ranking of the largest Norwegian companies

Largest listed companies whose headquarters are in Norway (174 companies ranked), by market capitalization, with their revenue and net income for the 2025 fiscal year.

Share prices and capitalizations at 2026-10-29·Reference fiscal year 2025·Calculated on 2026-11-01· 174 companies ranked
Metric : market capitalization at the date of the indicated prices; revenue and net income for fiscal year 2025 (published annual accounts). Scope : companies whose country of headquarters is Norway and whose 2025 accounts are published. Currency : Amounts converted into US dollars at the exchange rate of the day of calculation; the amount in the currency of the accounts is repeated under each value. Only companies whose data is published are ranked: a missing value excludes the company, it is never replaced by zero or estimated.
#EnterpriseMarketSector Market cap (USD)Turnover 2025Net income 2025
1Equinor ASAEQNR.OL🇳🇴EuropeEnergy116,24 billion $1 070 M NOK108,94 billion $5,19 billion $
2DNB Bank ASADNB.OL🇳🇴EuropeFinancial Services49,63 billion $456,83 M NOK21,89 billion $4,73 billion $
3Kongsberg Gruppen ASAKOG.OL🇳🇴EuropeIndustrials34,00 billion $312,96 M NOK3,43 billion $864,1 M$
4Aker BP ASAAKRBP.OL🇳🇴EuropeEnergy26,93 billion $247,83 M NOK10,70 billion $132,3 M$
5Telenor ASATEL.OL🇳🇴EuropeCommunication Services19,56 billion $180,06 M NOK8,32 billion $757,7 M$
6Vår Energi ASVAR.OL🇳🇴EuropeEnergy16,03 billion $147,54 M NOK7,97 billion $846,4 M$
7Norsk Hydro ASANHY.OL🇳🇴EuropeBasic Materials14,12 billion $129,98 M NOK22,60 billion $729,8 M$
8Gjensidige Forsikring ASAGJF.OL🇳🇴EuropeFinancial Services13,72 billion $126,25 M NOK4,86 billion $712,3 M$
9Mowi ASAMOWI.OL🇳🇴EuropeConsumer Defensive12,47 billion $114,74 M NOK6,40 billion $802,9 M$
10Yara International ASAYAR.OL🇳🇴EuropeBasic Materials10,90 billion $100,34 M NOK15,62 billion $1,37 billion $
11Orkla ASAORK.OL🇳🇴EuropeConsumer Defensive10,31 billion $94,93 M NOK7,77 billion $1,25 billion $
12Aker ASAAKER.OL🇳🇴EuropeIndustrials9,39 billion $86,47 M NOK1,41 billion $419,3 M$
13SpareBank 1 Sørøst-NorgeSB1NO.OL🇳🇴EuropeFinancial Services9,32 billion $85,77 M NOK3,39 billion $727,3 M$
14Storebrand ASASTB.OL🇳🇴EuropeFinancial Services8,82 billion $81,17 M NOK6,05 billion $548,2 M$
15SalMar ASASALM.OL🇳🇴EuropeConsumer Defensive8,37 billion $77,05 M NOK2,98 billion $120,1 M$
16Wallenius Wilhelmsen ASAWAWI.OL🇳🇴EuropeIndustrials8,08 billion $74,36 M NOK5,24 billion $1,02 billion $
17AutoStore Holdings Ltd.AUTO.OL🇳🇴EuropeTechnology5,35 billion $49,26 M NOK538,6 M$81,8 M$
18Vend Marketplaces AsaSBBTF🇳🇴EuropeCommunication Services4,08 billion $686,3 M$-52,4 M$
19Protector Forsikring ASAPROT.OL🇳🇴EuropeFinancial Services4,01 billion $36,88 M NOK1,60 billion $287,5 M$
20Höegh Autoliners ASAHAUTO.OL🇳🇴EuropeIndustrials3,88 billion $35,75 M NOK1,47 billion $528,6 M$
21Wilh. Wilhelmsen Holding ASAWWI.OL🇳🇴EuropeIndustrials3,87 billion $35,60 M NOK1,23 billion $652,0 M$
22Nordic Semiconductor ASANOD.OL🇳🇴EuropeTechnology3,81 billion $35,05 M NOK667,6 M$16,4 M$
23Sparebanken Vest0G67.L🇳🇴EuropeFinancial Services3,79 billion $34,91 M NOK3,30 billion $705,2 M$
24DOF Group ASADOFG.OL🇳🇴EuropeIndustrials3,53 billion $32,51 M NOK1,87 billion $467,0 M$
25SpareBank 1 SMNMING.OL🇳🇴EuropeFinancial Services3,39 billion $31,17 M NOK1,77 billion $464,9 M$
26Tomra Systems ASATOM.OL🇳🇴EuropeIndustrials3,08 billion $28,37 M NOK1,47 billion $104,0 M$
27Veidekke ASAVEI.OL🇳🇴EuropeIndustrials3,08 billion $28,34 M NOK4,69 billion $168,7 M$
28TGS ASATGS.OL🇳🇴EuropeEnergy3,03 billion $27,84 M NOK1,53 billion $18,3 M$
29SpareBank 1 OstlandetSPOL.OL🇳🇴EuropeFinancial Services2,96 billion $27,22 M NOK1,57 billion $382,0 M$
30Lerøy Seafood Group ASALSG.OL🇳🇴EuropeConsumer Defensive2,77 billion $25,51 M NOK3,73 billion $39,8 M$
31DNO ASADNO.OL🇳🇴EuropeEnergy2,59 billion $23,83 M NOK1,52 billion $-25,2 M$
32AF Gruppen ASAAFG.OL🇳🇴EuropeIndustrials2,41 billion $22,16 M NOK3,48 billion $118,8 M$
33Kitron ASAKIT.OL🇳🇴EuropeTechnology2,15 billion $19,79 M NOK825,7 M$49,0 M$
34Atea ASAATEA.OL🇳🇴EuropeTechnology2,04 billion $18,76 M NOK4,06 billion $95,4 M$
35Aker Solutions ASA Unsponsored ADRAKRYY🇳🇴EuropeEnergy1,98 billion $6,78 billion $276,6 M$
36SpareBank 1 Nord-NorgeNONG.OL🇳🇴EuropeFinancial Services1,95 billion $17,92 M NOK1,06 billion $371,7 M$
37Aker Solutions ASAAKSO.OL🇳🇴EuropeEnergy1,90 billion $17,53 M NOK6,78 billion $276,6 M$
38Entra ASAENTRA.OL🇳🇴EuropeReal Estate1,90 billion $17,51 M NOK386,5 M$125,2 M$
39Austevoll Seafood ASAAUSS.OL🇳🇴EuropeConsumer Defensive1,78 billion $16,39 M NOK4,27 billion $48,8 M$
40BlueNord ASABNOR.OL🇳🇴EuropeEnergy1,76 billion $16,18 M NOK1,03 billion $114,9 M$
41Public Property Invest ASPUBLI.OL🇳🇴EuropeReal Estate1,71 billion $15,70 M NOK120,5 M$55,6 M$
42Borregaard ASABRG.OL🇳🇴EuropeBasic Materials1,67 billion $15,33 M NOK823,5 M$67,4 M$
43BW Energy LimitedBWE.OL🇳🇴EuropeEnergy1,53 billion $14,06 M NOK815,9 M$137,0 M$
44Scatec ASASCATC.OL🇳🇴EuropeUtilities1,47 billion $13,54 M NOK394,2 M$106,3 M$
45MPC Container Ships ASAMPCC.OL🇳🇴EuropeIndustrials1,46 billion $13,42 M NOK517,8 M$237,2 M$
46Europris ASAEPR.OL🇳🇴EuropeConsumer Defensive1,42 billion $13,03 M NOK1,62 billion $88,4 M$
47Opera LimitedOPRA🇺🇸United StatesCommunication Services1,37 billion $616,7 M$108,6 M$
48Norconsult ASANORCO.OL🇳🇴EuropeIndustrials1,31 billion $12,02 M NOK1,24 billion $70,7 M$
49Norwegian Air Shuttle ASANAS.OL🇳🇴EuropeIndustrials1,29 billion $11,84 M NOK3,97 billion $294,2 M$
50Elkem ASAELK.OL🇳🇴EuropeBasic Materials1,24 billion $11,41 M NOK1,80 billion $-72,6 M$
51Bonheur ASABONHR.OL🇳🇴EuropeIndustrials1,22 billion $11,27 M NOK1,36 billion $154,6 M$
52Norbit ASANORBT.OL🇳🇴EuropeTechnology1,14 billion $10,47 M NOK271,9 M$43,9 M$
53Arendals Fossekompani ASAAFK.OL🇳🇴EuropeIndustrials1,11 billion $10,17 M NOK402,4 M$-6,1 M$
54Odfjell SEODF.OL🇳🇴EuropeIndustrials1,05 billion $9,63 M NOK1,12 billion $155,3 M$
55Elopak ASAELO.OL🇳🇴EuropeConsumer Cyclical996,4 M$9,17 M NOK1,35 billion $68,8 M$
56B2 Impact ASAB2I.OL🇳🇴EuropeFinancial Services922,7 M$8,49 M NOK391,3 M$67,5 M$
57Sats ASASATS.OL🇳🇴EuropeConsumer Cyclical917,2 M$8,44 M NOK598,5 M$51,5 M$
58Pexip Holding ASAPEXIP.OL🇳🇴EuropeTechnology797,3 M$7,34 M NOK121,8 M$24,6 M$
59LINK Mobility Group Holding ASALINK.OL🇳🇴EuropeCommunication Services761,3 M$7,01 M NOK769,6 M$9,2 M$
60SpareBank 1 Ringerike HadelandRING.OL🇳🇴EuropeFinancial Services753,3 M$6,93 M NOK257,5 M$79,7 M$
61Klaveness Combination Carriers ASAKCC.OL🇳🇴EuropeIndustrials738,6 M$6,80 M NOK238,5 M$33,4 M$
62Endúr ASAENDUR.OL🇳🇴EuropeIndustrials694,2 M$6,39 M NOK695,5 M$14,9 M$
63AKVA group ASAAKVA.OL🇳🇴EuropeIndustrials624,8 M$5,75 M NOK475,5 M$20,0 M$
64Solstad Offshore ASASOFF.OL🇳🇴EuropeIndustrials623,6 M$5,74 M NOK290,4 M$139,4 M$
65Medistim ASAMEDI.OL🇳🇴EuropeHealthcare605,8 M$5,58 M NOK76,0 M$17,3 M$
66Bouvet ASABOUV.OL🇳🇴EuropeTechnology602,8 M$5,55 M NOK425,1 M$39,0 M$
67SpareBank 1 Østfold AkershusSOAG.OL🇳🇴EuropeFinancial Services600,3 M$5,52 M NOK236,1 M$71,4 M$
68Kid ASAKID.OL🇳🇴EuropeConsumer Cyclical598,8 M$5,51 M NOK429,1 M$24,9 M$
69Smartoptics Group ASSMOP.OL🇳🇴EuropeTechnology596,5 M$5,49 M NOK75,3 M$4,8 M$
70Zaptec ASZAP.OL🇳🇴EuropeConsumer Cyclical579,4 M$5,33 M NOK166,3 M$5,8 M$
71Sparebanken MøreMORG.OL🇳🇴EuropeFinancial Services576,0 M$5,30 M NOK701,5 M$111,9 M$
72OKEA AsaOKEA.OL🇳🇴EuropeEnergy563,3 M$5,19 M NOK783,7 M$-54,7 M$
73Elmera Group ASAELMRA.OL🇳🇴EuropeUtilities555,4 M$5,11 M NOK1,32 billion $17,7 M$
74Måsøval ASMAS.OL🇳🇴EuropeConsumer Defensive509,8 M$4,69 M NOK254,9 M$-7,9 M$
75SpareBank 1 HelgelandHELG.OL🇳🇴EuropeFinancial Services498,0 M$4,58 M NOK274,8 M$54,8 M$
76Cloudberry Clean Energy ASACLOUD.OL🇳🇴EuropeUtilities468,1 M$4,31 M NOK55,5 M$6,6 M$
77BEWi ASABEWI.OL🇳🇴EuropeConsumer Cyclical453,8 M$4,18 M NOK890,5 M$17,4 M$
78Multiconsult ASAMULTI.OL🇳🇴EuropeIndustrials406,7 M$3,74 M NOK719,8 M$27,5 M$
79ABG Sundal Collier Holding ASAABG.OL🇳🇴EuropeFinancial Services405,6 M$3,73 M NOK236,0 M$39,5 M$
80Cambi ASACAMBI.OL🇳🇴EuropeIndustrials405,1 M$3,73 M NOK116,1 M$14,6 M$
81Akastor ASAAKAST.OL🇳🇴EuropeEnergy391,8 M$3,61 M NOK17,2 M$-16,1 M$
82Pareto Bank ASAPARB.OL🇳🇴EuropeFinancial Services391,2 M$3,60 M NOK255,4 M$67,8 M$
83Nel ASANEL.OL🇳🇴EuropeIndustrials388,6 M$3,58 M NOK104,6 M$-137,5 M$
84Axactor ASAACR.OL🇳🇴EuropeFinancial Services369,8 M$3,40 M NOK290,4 M$40,3 M$
85Andfjord Salmon ASANDF.OL🇳🇴EuropeConsumer Defensive338,4 M$3,11 M NOK88 547 $-11,3 M$
86Norske Skog ASANSKOG.OL🇳🇴EuropeBasic Materials337,8 M$3,11 M NOK1,03 billion $44,0 M$
87Selvaag Bolig ASASBO.OL🇳🇴EuropeReal Estate324,7 M$2,99 M NOK226,7 M$14,4 M$
88Polaris Media ASAPOL.OL🇳🇴EuropeCommunication Services307,7 M$2,83 M NOK372,7 M$814 849 $
89Hexagon Composites ASAHEX.OL🇳🇴EuropeConsumer Cyclical304,8 M$2,81 M NOK319,9 M$-122,9 M$
90poLight ASAPLT.OL🇳🇴EuropeTechnology302,7 M$2,79 M NOK2,2 M$-12,8 M$
91Oncoinvent ASA0RU5.L🇳🇴EuropeHealthcare282,0 M$2,60 M NOK2,5 M$-16,8 M$
92Grieg Seafood ASAGSF.OL🇳🇴EuropeConsumer Defensive277,8 M$2,56 M NOK398,5 M$5,3 M$
93Integrated Wind Solutions ASAIWS.OL🇳🇴EuropeUtilities270,9 M$2,49 M NOK119,0 M$18,7 M$
94Hunter Group ASAHUNT.OL🇳🇴EuropeEnergy255,1 M$2,35 M NOK15,1 M$14,1 M$
95Instabank ASAINSTA.OL🇳🇴EuropeFinancial Services249,5 M$2,30 M NOK99,8 M$13,3 M$
96Zalaris ASAZAL.OL🇳🇴EuropeIndustrials237,2 M$2,18 M NOK163,3 M$5,8 M$
97NorAm Drilling ASNORAM.OL🇳🇴EuropeEnergy232,5 M$2,14 M NOK104,1 M$15,2 M$
98Skue SparebankSKUE.OL🇳🇴EuropeFinancial Services214,5 M$1,97 M NOK166,3 M$32,9 M$
99Reach Subsea ASAREACH.OL🇳🇴EuropeEnergy213,5 M$1,97 M NOK290,6 M$11,7 M$
100Kongsberg Automotive ASAKOA.OL🇳🇴EuropeConsumer Cyclical204,8 M$1,89 M NOK788,5 M$221 238 $
Raw data (JSON)

⚠ Ranking provided for information purposes, based on public data. It does not constitute investment advice. Values may contain source errors and change with financial publications.

Frequently Asked Questions

About this ranking

Which companies are in this ranking?
Listed companies whose headquarters are located in Norway and whose 2025 fiscal year accounts are published, ranked by market capitalization. A company without this data is excluded, never estimated.
Are the amounts comparable between countries?
Yes: amounts are converted to US dollars at the exchange rate of the calculation day, and the amount in local currency is repeated under each value.
Is this ranking investment advice?
No. It is provided for information purposes and does not constitute investment advice.

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