Largest listed companies in Norway by market capitalization
Norwegian stocks form the core of one of Europe’s most resilient and resource-driven financial markets. They are primarily traded on the Oslo Stock Exchange (OSE), a critical hub for Nordic and global investors. The Norwegian stock market, represented by indices like the OBX, offers exposure to industries where Norway holds global leadership, particularly energy, seafood, and maritime sectors.
The OSE is not just an exchange for Norwegian companies; it attracts international firms seeking expertise in energy and shipping. Key advantages of investing on the OSE include:
- Energy dominance: Global leaders in oil, gas, and renewable energy, leveraging Norway’s natural resources.
- Maritime and seafood excellence: World-leading shipping companies and aquaculture giants supplying global markets.
- Dividend stability: Many state-influenced and blue-chip firms maintain consistent dividend traditions.
The energy titan Equinor—majority-owned by the Norwegian state—exemplifies the market’s strategic importance, driving innovation in offshore drilling and wind energy. Similarly, Mowi, the world’s largest Atlantic salmon producer, underscores Norway’s dominance in sustainable aquaculture. Together, such firms anchor Norway’s economic identity and offer investors access to essential global supply chains.
Several Norwegian companies are dividend performers. Equinor has maintained dividends for decades, supported by sovereign wealth fund principles. DNB, Norway’s largest bank, also boasts a reliable dividend history. While not “aristocrats” by strict definition, Norway’s state ownership model prioritizes long-term shareholder returns. Notably, the OSE hosts 3 of the world’s top 10 maritime companies: Frontline (tanker shipping), Wilhelmsen (maritime services), and Kongsberg Gruppen (defense/marine tech).
Regulated brokerThe following table lists the largest Norwegian publicly traded companies by market capitalization, primarily traded on the OSE (including firms with global operations). Data is regularly updated to reflect current market conditions.
| Stock | Price | Marketcap |
|---|---|---|
 Equinor EQNR | $26.30 | 65.66B |
 DNB DNB.OL | NOK282.90 | 412.85B |
 Telenor TEL.OL | NOK156.50 | 214.07B |
 Aker BP AKRBP.OL | NOK274.00 | 173.10B |
 Norsk Hydro NHY.OL | NOK86.22 | 169.37B |
 Yara International YAR.OL | NOK436.60 | 111.21B |
 Mowi MNHVF | $21.73 | 11.46B |
 Gjensidige Forsikring GJF.OL | NOK275.40 | 137.69B |
 Kongsberg Gruppen KOG.OL | NOK323.60 | 284.64B |
 ORKLA ASA ORKLF | $10.40 | 11.02B |
Tomra TOM.OL | NOK129.50 | 38.30B |
 Schibsted SCHA.OL | $0.0000 | 0.0000 |
Storebrand STB.OL | NOK170.50 | 72.28B |
 Leroy Seafood LSG.OL | NOK46.34 | 27.59B |
Nordic Semiconductor NOD.OL | NOK130.80 | 25.76B |
Elkem ELK.OL | NOK29.02 | 18.41B |
Entra ENTRA.OL | NOK113.20 | 20.62B |
Olav Thon OLT.OL | NOK334.00 | 33.89B |
 Borregaard BRG.OL | NOK193.00 | 19.25B |
 Veidekke VEI.OL | NOK181.20 | 24.46B |
SpareBank 1 SPOL.OL | NOK199.10 | 27.03B |
Atea ASA ATEA.OL | NOK159.00 | 17.71B |
Arendals Fossekompani AFK.OL | NOK159.50 | 8.77B |
Bonheur ASA BONHR.OL | NOK255.00 | 10.85B |
Norwegian Air Shuttle NAS.OL | NOK16.02 | 16.85B |
Opera OPRA | $13.84 | 1.24B |
 Pexip PEXIP.OL | NOK78.80 | 8.08B |