10 Nordic Companies Worth Investing

If you are an international investor looking to find high-quality companies that are on the rise, then it’s worth mentioning that the Nordic stock market has top companies that are definitely worth investing in. That being said, we have reviewed and chosen the top ten Nordic companies that have a solid market position.

Novo Nordisk

This is a Danish globally renowned healthcare company with over 90 years of experience in this industry, based in Bagsværd, Denmark. They take pride in their innovation in diabetes care and also have a proven track record of helping people battle obesity, haemophilia, and other serious chronic diseases. The company has over 40 000 employees and facilities in over 25 countries.

Also, it was chosen as one of the best companies to work for numerous times. Last year the company had a revenue of 122 billion DKK, while in the previous quarter, they have reported a growth in sales by 15.65%.

Kopparbergs Brewery

Swedish brewery and sweet cider and frozen fruit cider company based in Kopparberg, Sweden. This is a long-standing company established in 1882, and since then, it has become one of the largest brewing companies in Sweden. Their brand has experienced substantial growth and ended last year with a revenue of 1.93 billion SEK. And according to the financial data for the last quarter in March the sales have increased by 4.45%.

So, if you’re new to trading but, still, you want to invest and buy stocks from a reputable company like Kopparbergs Brewery, then you can read this article køb aktie that offers valuable information for beginners, and also it has helpful information about some the best online trading platforms. However, always make sure to do your own research, choose reliable platforms, and make the best decisions for your financial situation.

Huhtamaki

Huhtamaki is a global food packaging company from Finland. It was formed in 1920, and it has over 17,000 employees around the world. The company offers innovative food packaging products for retail stores, coffee shops, restaurants, caterers, and other businesses. It should be noted that the company had increased sales by 5.30% in the last quarter of this year, and a revenue of 3.40 billion EUR.

Atlas Copco

Atlas Copco was founded in 1873 in Sweden and has become a global multinational company that provides high-quality compressors, air treatment systems, and other industrial tools. It had a revenue of 103.76 billion SEK in 2019 and a rise in sales by 8.80% in the same year.

Equinor ASA

This is a well-established multinational energy company with headquarters in Stavanger, Norway. It was also formerly known as Statoil and StatoilHydro. Although it’s a petroleum company, it had significant investments in renewable sources of energy. The company has closed 2019 with a revenue of 530.36 billion NOK and has reported a decrease in sales by 0.16% in March 2020.

ABB Ltd

ABB Ltd is headquartered in Zurich, Switzerland is a Swiss-Swedish corporation that operates in 90 countries, and it has ranked on the Fortune Global 500 list for over 20 years. They have a great portfolio of industrial technology products for various clients from power systems, robotics, heavy electrical equipment, and other technology areas. They had revenue of 27.79 billion USD in 2019 and sales growth by 2.44%.

Hennes & Mauritz AB

Hennes & Mauritz AB or also known as H&M, is a well-known Swedish multinational fast-fashion brand that is present in over 70 countries across the globe. That being said, H&M is the second-largest retailer of fast-fashion clothing retailer in the world, the first is Inditex. The company had revenue of 232.76 billion SEK in 2019 and reported an increase in sales by 10.63%. Also, H&M has a brand value of $ 13.86 billion in 2020.

Ericsson

Ericsson is a Swedish multinational company that offers telecommunications equipment and telecommunications and networking services to mobile and fixed network operators with headquarters in Stockholm. Recently the company has closed a strong 5G deal with Deutsche Telekom. Regarding its financial data, Ericsson has had a revenue of 227.22 billion SEK in 2019 and growth in sales by 1.40% in March 2020.

Telenor

This is a multinational telecommunications company established in 1855, Norway. Some of its services include mobile communication, cable TV, broadband services, and others. It has had steady growth over the past couple of years and has reported an increase in sales by 10.52% in June 2020. Last year they had a revenue of 113.67 billion NOK.

Gjensidige Forsikring

Gjensidige Forsikring is an insurance company from Norway that offers a range of services, including online banking, pension, and savings products, insurance services, among other services. This company had a revenue of 27.19 billion NOK in 2019 and has reported a decline in sales by 2.63% in 2020, in comparison to 2019.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes