About Norske Skog
Norske Skog is a publicly listed company based in Oslo (Norway) founded in 1962, and was acquired by Oceanwood Capital Management in May 2018. Publication services are provided globally by Norske Skog. The company has 2,100 employees. Its chief executive, as recorded, is Sven Ombudstvedt. Its website norskeskog.com draws about 12 thousand monthly visits. Norske Skog offers products and services including Newsprint and Packaging Paper. Its legal entity is Norske Skog ASA.
- Headquarters Oslo, Norway
- Employees 2,100
- Stage Public
- Email••••••••
- Phone•••• ••••
- Website norskeskog.com
- Social LinkedIn X
- Acquired by Oceanwood Capital Management (May 2018)
- Legal Name Norske Skog Asa
- Annual Revenue$937.58 M (USD)2.3as on Dec 31, 2025
- Net Profit$40.18 M (USD)as on Dec 31, 2025
- EBITDA$76.2 M (USD)422.45as on Dec 31, 2025
- Latest Funding Round$7.65M (USD), Grant
Dec 2023
- InvestorsAustria Wirtschaftsservice
& 3 more
- Employee Count2,100
- Acquired byOceanwood Capital Management
(May 2018)
Products & Services of Norske Skog
Norske Skog offers a comprehensive portfolio of products and services, including Newsprint and Packaging Paper.
Newsprint is produced for publishing and directory uses, positioning it as a key offering in the paper supply chain
Packaging paper is manufactured from recycled materials for containerboard applications, supporting market diversification efforts
Funding Insights of Norske Skog
- Total Rounds 6
- Last Round Grant — $7.65M
- First Round $140.08M
(Jun 2019)
- Investors Count 3
All 6 funding rounds of Norske Skog with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $7.65M | Grant | – | – | |
| Jun 2023 | $2.19M | Grant | – | – | |
| Apr 2023 | $11.27M | Grant | – | – | |
| Nov 2021 | $650,871 | Grant | – | – | |
| Jun 2021 | $776,402 | Grant | – | – | |
| Jun 2019 | $140.08M | Debt – Conventional | – | – | – |
4 investors in total: 4 institutional.
Investors in Norske Skog
Norske Skog has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Austria Wirtschaftsservice, GrandEst and Ministry of Economy, Finance and Industrial and Digital Sovereignty.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Banking regulatory services are provided for Austrian financial institutions. | 2002 | aws.at | Vienna, Austria | |
| economie.gouv.fr | ||||
Access and development services for government programs are provided. | 2008 | grandest.fr | Strasbourg, France | |
Operates as a diversified investment management firm specializing in merger arbitrage strategies. | 2006 | oceanwood.com | London, United Kingdom |
Investor details for Norske Skog
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People of Norske Skog
24 people are tracked at Norske Skog (11 in leadership, 5 in board & advisors, 8 in team); the tracked headcount is 2,100.
| Name | Role | Group |
|---|---|---|
Sven Ombudstvedt | CEO & President | Leadership |
Tore Hansesætre | CEO | Leadership |
Carsten Dybevig | Direktør Kommunikasjon Og Samfunnskontakt / Vice President Communication And Public Affairs | Leadership |
Arthur Kjærstad | Vice President HR & Organisation | Leadership |
Axel Thuve | VP HR Operations | Leadership |
Thomas Karlsson | Marketing Director | Leadership |
Vera Polak | Head Of Logistics / Sales & Logistics | Leadership |
Wenche Riiser | Vice President | Leadership |
David Coxon | Managing Director UK & Ireland | Leadership |
Børge Teigland | Vice President Global IT & CIO | Leadership |
Jean Claude Pierrot | Business Strategy And Finance Director | Leadership |
Asbjørn André Dypdahl | Board Observer | Board & advisors |
Arvid Grundekjøn | Board Member | Board & advisors |
Jen-Yue Chiang | Chair | Board & advisors |
Christoffer Bull | Board Member | Board & advisors |
Christian Østensvig | Board Member | Board & advisors |
Gørill Bergland | Manager Financial Reporting | Team |
Sixten Pettersson | Production Manager | Team |
Lars P. Sørvaag Sperre | SVP, Corporate Strategy | Team |
Ole Jørgen Egner | •senior Financial Controller | Team |
4 more people are available in the full profile.
Complete people profiles for Norske Skog
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IPO & Listings of Norske Skog
Norske Skog is a publicly listed company on the OSL with ticker symbol NSKOG in Norway, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Oct 2019
- Listed onEuronext: 0BQ
- Listed entityNorske Skog ASA
- Exchange sectorProcess industries
- ISINNO0010861115
- Share price44.10 NOK (-0.34% on the day) · 2026-10-14
- Market capitalisation3,754,091,852.00 NOK
- Price to earnings39.0
- EPS (diluted, trailing year)1.13 NOK
- Volume (last session)7,196
Financials of Norske Skog
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 9.45B NOK | 405.0M NOK | 768.0M NOK |
| 2024 | 9.23B NOK | -982.0M NOK | 147.0M NOK |
| 2023 | 9.89B NOK | 481.0M NOK | 763.0M NOK |
| 2022 | 14.54B NOK | 2.57B NOK | 2.70B NOK |
| 2021 | 9.85B NOK | -363.0M NOK | 196.0M NOK |
Detailed financial statements for Norske Skog
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Norske Skog
5 dated milestones of Norske Skog across 61 years, from founding to its latest funding, stage changes and deals.
- Founded Norske Skog is founded.
- Exit Acquired by Oceanwood Capital Management.
- Funding First funding round of $140.1M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Grant, of $7.7M.
Web traffic of Norske Skog
The website of Norske Skog (norskeskog.com) receives about 11.5K visits a month.
- Monthly visits11.5K
▲ 50.5% vs previous month
Websites whose visitors overlap most with Norske Skog. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| storaenso.com | 100% | 143.7K | #282,256 | View details | |
| asiapapermarkets.com | 98% | #9,974,370 | View details | ||
| albertanewsprint.com | 98% | #10,621,014 | View details | ||
| whitebirchpaper.com | 96% | 7.2K | #2,885,135 | View details | |
| sappi.com | 92% | 93.8K | #427,326 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Norske Skog
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- 21 similar websites
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Related news about Norske Skog
Complete news archive for Norske Skog
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Frequently Asked Questions about Norske Skog
Norske Skog was founded in 1962 and raised its 1st funding round 57 years after it was founded.
Norske Skog is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Sven Ombudstvedt is the CEO of Norske Skog, as recorded in our data.
Norske Skog has 2,100 employees.
Annual revenue of Norske Skog is $937.58M as on Dec 31, 2025.
Publication services are provided globally by Norske Skog.
Norske Skog offers Newsprint and Packaging Paper.
Yes, Norske Skog is publicly traded on OSL under the ticker symbol NSKOG.
Norske Skog has 4 investors. Key investors include Austria Wirtschaftsservice, GrandEst, Ministry of Economy, Finance and Industrial and Digital Sovereignty, and Oceanwood Capital Management.
Norske Skog operates through Norske Skog Asa.
Yes. Norske Skog was acquired by Oceanwood Capital Management in May 2018.