What the state owns

The State’s direct ownership comprises companies where the State’s ownership is managed directly by a ministry. This currently includes 69 companies.

Posten Bring AS
Credit: Posten Bring

The State’s direct ownership is substantial when concerning both the number of companies and their value. At year-end 2022, 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 1247 billion. The State’s shares listed on the Oslo Stock Exchange accounted for NOK 1069 billion. The State's share of book equity less minority interests in companies where the State has public policy goals (Category 2) was NOK 203 billion at the end of 2022.

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

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

Avinor AS 100 % 2
Bane NOR SF 100 % 2
Entur AS 100 % 2
Norske tog AS 100 % 2
Nye Veier AS 100 % 2
Vygruppen AS 100 % 1