Looking for a specific product?

Make a search for products & suppliers, articles & news.

Top 500 companies in Norway 2009

The list of Norway's 500 largest companies shows that the decline in oilprices in the autumn of 2008, has caused a decline in revenue for our industrial oil nation.

Norway’s 500 largest companies

The financial crisis in the autumn of 2008 lead to a serious decline of most crude commodities. The oil price went from about 150 dollars in the summer of 2008, to under 40 dollars late winter 2009. Even the price of aluminum, fertilizer and other crude commodities fell severely.

This influenced the accounts of Norway’s largest industrial companies.

According to the list of Norway's 500 largest companies, revenues of this particular segment have plummeted from 2008 to 2009. The 10 largest industrial companies has experienced a decline in revenue of in total NOK 308,5 billion.


Compared to 2008, Statoil experienced the largest decline of staggering NOK 190 million in 2009. However they still hover at the top of the list with a revenue of NOK 465,4 billion.

Yearly Findexa Forlag publishes the list of Norway’s 500 largest companies. This year product manager Håvar Valved was concerned that Norwegian companies would be hesitant to share their results. On the contrary, they were just as eager to be named on the list.

His perception is that in spite of the serious decline in revenue, companies present good results. “Norwegian companies were quick to save costs, and have obviously succeeded,” Valved says.

See the complete list of Norway’s 500 largest companies here!

(Source: E24.no)

Related articles

Latest articles

Major Petroleum Province in the North

Cost cutting initiatives and new technology are paving the way for the Northern Norwegian Sea and Barents Sea to become the next major petroleum province on the shelf.

Norwegian Seafood Export Hits Record Numbers 2016

2016 was another record year for Norwegian seafood export with export value reaching 91,6 billion NOK (approximately $10 billion). The Norwegian Seafood Council presented the 2016 numbers at a conference in Oslo today.  

Portugal: Norwegian Cod Keeps the Bacalhau Traditions Alive

Portugal is a country of cod lovers and cod from Norway is a favourite. No other European country, uses up as much seafood and for sure not as much cod, per capita as Portugal. 

Norwegian Seafood Enjoyed Worldwide

Norway exported 2.6 million tonnes of seafood 2015. That represented more than 11 billion main courses. But the number of meals containing Norwegian seafood is possibly in the order of more than 20 billion. Seafood is ofte...

Mother-Daughter Ship to Boost Short Sea Cargo

More goods will need to be transported by ship to meet stricter environmental guidelines. A Norwegian maritime cluster has found the answer in a ship-in-ship short sea cargo concept.

More Sustainable Fish Feeds

The Norwegian seafood industry is experimenting with new sustainable fish feeds like tree yeast and sandhoppers that won’t compete with the foods we eat and also help farm more fish.

Spotlight Tanzania: New Offshore Gas Opportunities

Africa is both promising and challenging. The Norwegian offshore industry is eyeing petroleum field developments in Tanzania for possible opportunities.

Norway's Future Green Fleet

A dramatic fall in battery costs and stricter emission regulations are spurring the Norwegian maritime to develop the most environmentally friendly fleet of coastal vessels.

The Fishy Biotech Future

There is something fishy about two of the Research Council’s six large projects under the new strategic initiative “Digital Life.”