In this piece, we will take a look at the five biggest Nordic companies. For more companies, head on over to 25 Biggest Nordic Companies.
5. Ørsted A/S (OTCMKTS:DOGEF)
Market Capitalization as of December 29, 2022: $37.45 billion
Ørsted A/S (OTCMKTS:DOGEF) is a renewable energy company that is headquartered in Denmark. The firm focuses its efforts on developing wind and solar power plants, energy storage facilities, and power generation from biogas. It has operations all over the world, including countries such as Germany, Denmark, Taiwan, the United States, and Japan. Ørsted A/S (OTCMKTS:DOGEF) operates both onshore and offshore wind and solar power plants. The firm was set up in 1972.
4. Investor AB (publ) (FRA:IVS.F)
Market Capitalization as of December 29, 2022: $56.50 billion
Investor AB (publ) (FRA:IVS.F, as the name suggests, is a financial services firm. It is the largest publicly traded venture capital firm in Sweden and is headquartered in Stockholm. Investor AB (publ) (FRA:IVS.F) has operations in a host of different countries such as China, the U.S., and the Netherlands. It invests in financial technology, information technology, financial services, and health care. Additionally, the firm targets both startups and established companies that require additional capital to scale up growth.
3. Atlas Copco AB (STO:ATCO-B.ST)
Market Capitalization as of December 29, 2022: $55.65 billion
Atlas Copco AB (STO:ATCO-B.ST) is an industrial machinery company that is based in Nacka, Sweden. The firm’s primary customers are oil and gas, construction, manufacturing, demolition, and civil engineering firms. Its products include different kinds of compressors, vacuum and cryogenic pumps, blowers, assembly tools, adhesive dispensers, and software products. Atlas Copco AB (STO:ATCO-B.ST) operates through close to ten different subsidiaries, and its manufacturing facilities are located all over the world in countries including U.S., Germany, China, Japan, the U.K., and Czech Republic. Overall, it sells products in nearly every country out there, with sales in a total of 180 countries.
2. Equinor ASA (NYSE:EQNR)
Market Capitalization as of December 29, 2022: $115 billion
Equinor ASA (NYSE:EQNR) is a Norwegian state owned firm that is also the largest company in the country. It explores, produces, markets, and transports oil and gas products. The company also has its own refineries, alongside wind power plants and carbon capture storage projects. As of 2020, its proven oil reserves stood at 5.3 billion barrels. Equinor ASA (NYSE:EQNR) is headquartered in Stavanger, Norway.
By the end of this year’s third quarter, 17 of the 920 hedge funds polled by Insider Monkey had bought Equinor ASA (NYSE:EQNR)’s shares.
Out of these, Equinor ASA (NYSE:EQNR)’s largest hedge fund investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital which owns 9.9 million shares that are worth $329 million.
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1. Novo Nordisk A/S (NYSE:NVO)
Market Capitalization as of December 29, 2022: $299 billion
Novo Nordisk A/S (NYSE:NVO) is a Danish pharmaceutical giant. It is based in Bagsvaerd. The company primary sells treatments and medicine for obesity, diabetes, and growth disorders.
Insider Monkey took a look at 920 hedge fund portfolios and discovered that 40 had held a stake in Novo Nordisk A/S (NYSE:NVO) during Q3 2022.
Novo Nordisk A/S (NYSE:NVO)’s largest investor in our database is Jim Simons’ Renaissance Technologies which owns 15 million shares that are worth $1.5 billion.
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Disclosure: None. You can also take a peek at 11 Cheap NASDAQ Stocks to Buy and Jim Cramer’s 10 Comeback Stocks.
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