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Norske Skog A NSKOG.OL · NOK

Materials · Oslo Børs · 🇳🇴 Norway

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36.30

+1.11%

Close of 9 Nov 2026, in NOK

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About Norske Skog A

Its shares trade on Oslo Børs under the ticker NSKOG.OL. It has been listed since 18 October 2019. In the fiscal year to 31 December 2025, it reported revenue of NOK 9.45bn and net income of NOK 405.0m. At that date it held total assets of NOK 14.71bn and shareholders' equity of NOK 5.82bn.

Norske Skog ASA engages in manufacturing, distributing and sale of publication paper. The company is headquartered in Oslo, Oslo. The company went IPO on 2019-10-18. The firm manufactures, distributes and sells publication paper and pulp, including long and short fiber sulphate pulp, newsprint, magazine and bleached kraft paper, and particle boards. Its business activities are divided into two operating segments: publication paper Europe and publication paper Australasia. The publication paper Europe segment includes production and sale of newsprint and magazine paper in Europe. The publication paper Australasia segment includes production and sale of newsprint and magazine paper in Australasia. The company owns and operates paper mills in Norway, France, Austria, Australia and New Zealand.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Paper & Forest Products
Listed since
18 Oct 2019
Employees
2,359

Leadership

Pay as last reported

  • Mr. Arvid GrundekjonIndependent Chairman of the BoardNOK 739,000
  • Mr. Geir DrangslandChief Executive Officer, since 2023NOK 6.4m
  • Mr. Tord TorvundChief Financial OfficerNOK 877,000
  • Mr. Einar BlaauwSenior Vice President, General CounselNOK 2.7m
  • Mr. Even LundSenior Vice President - Corporate FinanceNOK 1.1m
  • Mr. Robert WoodSenior Vice President - CommercialNOK 2.3m
  • Mr. Christoffer BullIndependent DirectorNOK 325,500
  • Ms. Trine-Marie HagenIndependent DirectorNOK 325,500
  • Mr. Terje SagbakkenIndependent DirectorNOK 399,000
  • Ms. Tone WilleIndependent DirectorNOK 325,500

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
58
Environment
80
Social
75
Governance
20
Direct emissions (scope 1)
257,268 t
Energy emissions (scope 2)
180,648 t
Value chain emissions (scope 3)
618,146 t
Women in the workforce
13%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Norske Skog ASA has several strengths that give it a competitive advantage in the market. Firstly, the company has a strong brand reputation and a long history in the industry, which helps in building customer trust and loyalty. Secondly, it possesses a highly skilled and experienced workforce, enabling the company to maintain quality standards and drive innovation. Moreover, Norske Skog ASA has a well-established distribution network that ensures a wide reach and easy access to its products for customers. Lastly, the company has a diverse product portfolio, offering a range of paper and packaging solutions to meet various customer needs.

Weaknesses

  • Despite its strengths, Norske Skog ASA faces certain weaknesses that need to be addressed. Firstly, the company heavily depends on the paper industry, which has been witnessing a decline in demand due to digitalization and environmental concerns. Secondly, Norske Skog ASA has a high level of debt, which can restrict its financial flexibility and increase vulnerability to market fluctuations. Additionally, the company may lack diversity in its revenue streams and geographic presence, increasing exposure to specific market risks.

Opportunities

  • Norske Skog ASA can capitalize on various opportunities in the market to drive growth and expand its business. Firstly, there is a growing demand for sustainable packaging materials, offering the company an opportunity to develop and promote eco-friendly solutions. Secondly, Norske Skog ASA can leverage advancements in technology to explore new product offerings and improve operational efficiency. Furthermore, the company can consider expanding into emerging markets that have a rising demand for paper and packaging products.

Threats

  • Norske Skog ASA faces several threats that could impact its performance and market position. Firstly, the increasing emphasis on digitalization and the shift towards a paperless society pose a significant threat to the demand for paper-based products. Secondly, intense competition from domestic and international players in the industry can put pressure on pricing and market share. Moreover, the company is exposed to fluctuations in raw material prices, which can impact its cost structure and profitability. Additionally, changing regulations related to environmental sustainability and waste management can create compliance challenges for Norske Skog ASA.

Sources and methodology

Data on this tab
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