Norway: most profitable companies 2023

As of January 2023, the Norwegian Norwegian branch of the Exxonmobil Exploration And Production was the most profitable company in Norway with a over 42 billion Norwegian kroner in profit. ExxonMobil is a multinational energy company with headquarters in Texas in the United States. The Norwegian bank DNB ASA was the second most profitable company in Norway in 2023, followed by the telecommunication company Telenor ASA.

Ranking of most profitable companies in Norway as of January 2023, by net profit (in billion NOK)

Characteristic	Turnover in billion NOK
Exxonmobil Exploration And Production Norway AS	42.17
DNB ASA	31.19
Telenor ASA	21
Statkraft AS	19
Lundin Norway AS	17.04
Statkraft Energi AS	11.9
Total E&P Norge AS	11.43
ConocoPhillips Skandinavia AS	9.9
Equinor ASA	9.3
Gjensidige Forsikring ASA	7.8
Norske Shell A/S	7.3
Vår Energi AS	6.8
Telenor Norge AS	6.5
Equinor Dezassete AS	6.41
Viessmann Refrigeration Systems AS	5.8
Norsk Tipping AS	5.7
Medtronic Norge AS	5.2
Orkla ASA	4.9
Neptune Energy Norge AS	4.8
GE Healthcare AS	4.7

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Release date

January 2023

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Region

Norway

Survey time period

as of January 2023

Supplementary notes

The source adds the following information: "The top list data is always based on the latest available financial statements."

The result refers to profit/loss after financial items but before extraordinary items.

Subsidiaries are excluded if the parent company is on the top list with consolidated figures.

Figures have been rounded.

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