Regional cluster

Nordic Stock Screener

Screen Swedish, Norwegian, Danish, and Finnish equities by P/E, ROE, EV/EBITDA, profit margin, and dividend yield. Covers all four main Nordic markets and their alternative listing platforms — including Nasdaq First North Stockholm, Copenhagen, and Helsinki, and Euronext Growth Oslo. Free, no account required.

Nordic markets covered

Sweden

STO · Nasdaq First North Stockholm

~200+ microcaps

Largest Nordic market. First North Stockholm has the deepest microcap listing pool in Scandinavia.

Norway

OSL · Euronext Growth Oslo

~120+ microcaps

Strong resources and aquaculture base. Euronext Growth Oslo covers smaller oil services and seafood companies.

Denmark

CPH · Nasdaq First North Denmark

~80+ microcaps

Life sciences, shipping supply chain, and specialty industrial components dominate below large cap.

Finland

HEL · Nasdaq First North Finland

~90+ microcaps

Software, paper/pulp equipment, and industrial automation. Helsinki Main Market and First North Finland both active.

Why screen Nordic stocks

Highest governance standards in Europe

Nordic countries consistently rank at the top of corporate governance indices. Annual reports are comprehensive, audit quality is high, and shareholder rights are strong. This reduces the information risk that microcap investing normally carries.

Shared First North infrastructure

Nasdaq First North operates as a single alternative market platform across Stockholm, Copenhagen, and Helsinki. Listing requirements, disclosure standards, and certified adviser obligations are shared — creating a consistent investor experience across three countries.

Deep industrial and technology base

Nordic microcaps are concentrated in precision manufacturing, B2B software, specialised logistics, cleantech, and life sciences — sectors where switching costs and technical moats create durable earnings power.

Strong dividend culture, especially in Norway and Sweden

Many Nordic family-controlled companies maintain long dividend track records. Norwegian oil service companies and Swedish industrials often pay yields of 3–6% with stable or growing payouts.

Currency diversification for EUR-based investors

Swedish kronor (SEK), Norwegian krone (NOK), and Danish krone (DKK) are non-euro but historically stable currencies. Finnish companies list in EUR. The basket provides natural currency diversification within a Nordic allocation.

How to screen Nordic stocks

Step 1

Select Nordic exchanges

Filter by STO (Sweden), OSL (Norway), CPH (Denmark), and HEL (Finland) to restrict results to Nordic markets. Add individual exchange codes for First North listings within each country.

Step 2

Apply fundamental filters

For quality Nordic industrials: ROE > 10%, profit margin > 6%, EV/EBITDA < 12. For dividend-focused screens: dividend yield > 3%, payout ratio < 65%. Nordic companies tend to run lean balance sheets so net debt / EBITDA < 1.5x is a reasonable quality filter.

Step 3

Sort by market cap or EV/EBITDA

Sort ascending by market cap to find smaller companies. Sort ascending by EV/EBITDA to identify the most attractively priced companies meeting your criteria. Results update in under 500ms.

Frequently asked questions

Which exchanges are included in the Nordic stock screener?

The Nordic screener covers Nasdaq Stockholm (STO), Oslo Bors (OSL), Nasdaq Copenhagen (CPH), and Nasdaq Helsinki (HEL). This includes both the main regulated markets and the Nasdaq First North alternative markets in Sweden, Denmark, and Finland, as well as Euronext Growth Oslo in Norway.

What is Nasdaq First North and how does it differ from the main market?

Nasdaq First North is a Multilateral Trading Facility (MTF) operated by Nasdaq across Stockholm, Copenhagen, and Helsinki. It has lighter admission requirements than the regulated main markets — companies need a Certified Adviser rather than a full listing sponsor. Annual reports are required but the compliance burden is lower. It is where most Nordic microcaps between €10M and €200M market cap list.

Can I screen Nordic stocks by dividend yield?

Yes — ScreenerHero includes dividend yield as a filter for all Nordic exchanges. Norway and Sweden have particularly strong dividend cultures, with many industrial and oil services companies paying 3–6% yields. You can filter by minimum dividend yield, and sort results by yield to find the highest-yielding Nordic stocks meeting your other criteria.

Screen Nordic stocks — free, no account required.

P/E, ROE, EV/EBITDA, margins, and dividend yield across Sweden, Norway, Denmark, and Finland. Including Nasdaq First North microcaps that most screeners miss entirely.

Open Nordic screener
Nordic Stock Screener — Swedish, Norwegian, Danish and Finnish Equities (2026) — ScreenerHero