What the State owns
Article | Last updated: 04/01/2023 | Ministry of Trade, Industry and Fisheries
The State’s direct ownership comprises companies where the State’s ownership is managed directly by a ministry. This currently includes 70 companies.
The State’s direct ownership is substantial when concerning both the number of companies and their value. At year-end 2023, the value of the State’s ownership interests in companies for which the State’s goal as an owner is the highest possible return over time in a sustainable manner (Category 1), was estimated to be NOK 1179 billion. The State’s shares listed on the Oslo Stock Exchange accounted for NOK 975 billion. The State's share of book equity less minority interests in companies where the State has public policy goals (Category 2) was NOK 196 billion at the end of 2023.
The State regularly assesses the rationale for its ownership and its goal as an owner in each company to ensure that these are updated and relevant, and to enable the State to efficiently solve different tasks or safeguard different needs.
The companies are divided into two categories based on the State’s goal as owner.
Category 1 comprises the companies where the State’s goal is the highest possible return over time in a sustainable manner. Companies in this category primarily operate in competition with others.
Category 2 comprises the companies for which the State’s goal is sustainable and the most efficient possible attainment of public policy goals. Companies in this category do not primarily operate in competition with others.
The State's rationale for ownership and the State's goal as owner are presented for each company in Chapter 7 in the white paper on ownership policy.
| Company name | Owner share (%) | Category |
| Graminor AS | 28,2% | 2 |
| Kimen Såvarelaboratoriet AS | 51% | 2 |
| Statskog SF | 100% | 2 |
| Bjørnøen AS | 100 % | 2 |
| Enova SF | 100 % | 2 |
| Kings Bay AS | 100 % | 2 |
| Carte Blanche AS | 70% | 2 |
| AS Den Nationale Scene | 66,67% | 2 |
| Den Norske Opera & Ballett AS | 100% | 2 |
| Filmparken AS | 77,6% | 2 |
| Nationaltheateret AS | 100% | 2 |
| Norsk rikskringkasting AS | 100% | 2 |
| Norsk Tipping AS (special legislation company) | 100% | 2 |
| Rogaland Teater AS | 66,67% | 2 |
| Rosenkrantzgate 10 AS | 3,07% | - |
| Talent Norge AS | 33,33% | 2 |
| Trøndelag Teater AS | 66,67% | 2 |
| Rygge 1 AS | 100 % | - |
| Norid AS | 100% | 2 |
| Gassco AS | 100 % | 2 |
| Gassnova SF | 100 % | 2 |
| Statnett SF | 100 % | 2 |
| Helse Midt-Norge RHF | 100 % | 2 |
| Helse Nord RHF | 100 % | 2 |
| Helse Sør-Øst RHF | 100 % | 2 |
| Helse Vest RHF | 100 % | 2 |
| Nordisk institutt for Odontologiske materialer AS | 49 % | 2 |
| Norsk helsenett SF | 100 % | 2 |
| AS Vinmonopolet (special legislation company) | 100 % | 2 |
| Electronic Chart Centre AS | 100% | 2 |
| Kommunalbanken AS | 100% | 1 |
| Akastor ASA | 12,08% | 1 |
| Aker Solutions ASA | 6,11% | 1 |
| Allstad AS | 100 % | 1 |
| Andøya Space AS | 90% | 2 |
| Argentum Fondsinvesteringer AS | 100% | 1 |
| Baneservice AS | 100% | 1 |
| DNB Bank ASA | 34% | 1 |
| Eksportfinans ASA | 15% | 1 |
| Equinor ASA | 67% | 1 |
| Fiskeri- og havbruksnæringens forskningsfinansiering AS | 100% | 2 |
| Innovasjon Norge (special legislation company | 51% | 2 |
| Investinor AS | 100% | 1 |
| Kongsberg Gruppen ASA | 50,004% | 1 |
| Mantena AS | 100% | 1 |
| Mesta AS | 100% | 1 |
| Nammo AS | 50% | 1 |
| Nofima AS | 56,8% | 2 |
| Norges sjømatråd AS | 100% | 2 |
| Norsk Hydro ASA | 34,26% | 1 |
| Nysnø Klimainvesteringer AS | 100% | 1 |
| Petoro AS | 100% | 2 |
| Posten Bring AS | 100% | 1 |
| Siva - Selskapet for industrivekst SF | 100% | 2 |
| Space Norway AS | 100% | 1 |
| Statkraft SF | 100% | 1 |
| Store Norske Spitsbergen Kulkompani AS | 100% | 2 |
| Telenor ASA | 53,97% | 1 |
| Yara International ASA | 36,21% | 1 |
| Avinor AS | 100 % | 2 |
| Bane NOR SF | 100 % | 2 |
| Entur AS | 100 % | 2 |
| Flytoget AS | 100% | 1 |
| Norske tog AS | 100 % | 2 |
| Nye Veier AS | 100 % | 2 |
| Vygruppen AS | 100 % | 1 |