Grieg Seafood ASA

Grieg Seafood ASA

GRGSF
Grieg Seafood ASAUS flagOther OTC
7.97
USD
- -
- -
894.57MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
21.77
37.13
41.74
59.28
63.56
67.93
43.06
39.25
40.96
63.79
62.66
29.58
32.91
44.24
Basic EPS, GAAP
3.9
1.26
-0.06
10.74
5.17
8.81
5.61
-4.84
10.73
10.27
5
-21.85
9.89
8.97
Free Cash Flow per Basic Share
1.39
-1.41
0.43
6.32
1.41
2.19
8.23
-4.54
0.33
9.08
-9.76
-6.77
-2.93
-3.12
Dividend per Share
- -
- -
0.5
- -
- -
- -
4
- -
- -
3
4.5
1.75
1.4
1.41
Book Value per Share
18.07
19.33
18.77
28.01
29.18
34.01
37.03
32.14
42.73
49.79
50.48
26.88
35.27
35.63
Tangible Book Value per Share
8.11
9.56
9.21
18.3
19.49
23.8
26.09
19.57
29.66
38.43
39.62
25.59
37.65
38.03
Basic Weighted Avg Shares
110
110
110
110
110
110
110
112
112
112
112
112
112
111
Sales/Revenue/Turnover
2,404
4,100
4,609
6,545
7,017
7,500
4,756
4,384
4,599
7,164
7,020
3,318
3,694
4,916
Operating Margin (%)
24.51
6.77
1.96
16.84
10.49
17.84
17.06
-3.54
21.2
25.11
12.49
8.25
6.19
-4.9
Depreciation Expense
136
141
214
174
201
236
307
369
376
451
555
651
381
381
Net Income, GAAP
431
139
-7
1,186
571
973
620
-541
1,205
1,154
560
-2,451
1,110
997
Effective Tax Rate (%)
20.91
16.03
- -
21.69
24.74
21.91
24.76
- -
29.2
20.3
33.69
956.67
36.01
7,490.32
Profit Margin (%)
17.93
3.39
-0.14
18.12
8.13
12.97
13.03
-12.34
26.2
16.11
7.97
-73.86
30.04
20.27
Working Capital
1,264
1,386
1,798
2,436
2,405
2,786
2,931
3,807
3,731
4,546
4,505
2,705
3,679
3,679
LT Debt
1,045
1,219
1,813
1,246
1,409
1,605
2,210
3,908
2,959
3,492
4,603
4,879
395
395
Total Equity
2,002
2,241
2,238
3,207
3,348
3,884
4,141
4,371
5,563
6,486
6,669
4,052
4,502
4,502
Return on Invested Capital (%)
13.04
5.76
- -
17.41
10.15
17.41
9.65
- -
7.92
14.63
5.16
-20.7
1.43
- -
Return on Capital (%)
14.19
5.38
- -
25.64
11.18
17.25
9.88
- -
17.02
14.65
7.2
-47.94
14.32
3.03
Return on Common Equity (%)
24.21
6.72
-0.32
45.93
18.07
27.88
15.8
-14.09
28.72
22.21
9.95
-56.53
31.83
28.58

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
992
1,020
2,441
LT Borrowings
2,768
- -
- -
LT Finance Leases
128
- -
395
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
112
112
112
Market Capitalization
7,744
7,014
7,084

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
10,463
11,139
7,006
Cash, Cash Equivalents & STI
115
24
5,008
Accounts Receivable, Net
60
139
197
Inventories
1,111
1,374
1,660
Total Current Liabilities
3,647
3,843
3,327
Payables & Accruals
- -
- -
- -
ST Debt
992
1,020
2,441
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.45%
3.71%
11.11%
Free Cash Flow
376.75%
456.74%
-56.67%
Net Income, GAAP
-1,926.62%
-212.29%
-145.29%
Sales/Revenue/Turnover
2.9%
3.46%
11.36%
Total Cash Common Dividend
- -
- -
-20%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,546
2,372
1,164
1,938
7,020
2024
2,290
426
856
853
3,318
2025
2,184
1,007
754
971
3,694

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
3.8
-5
1.3
4.9
5
2024
-2.9
-7.6
-0.28
-12.37
-21.85
2025
-2.9
-2.92
-2.53
17.12
9.89

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
4.42
- -
4.5
2024
- -
2.13
- -
- -
1.75
2025
- -
0.47
0.48
0.45
1.4

Company Description

APIChatGPT
CEO
Nina Willumsen Grieg
Full Time Employees
733
Sector
Consumer Defensive
Industry
Agricultural Farm Products
Address
C. Sundtsgate 17/19 Bergen HL Norway 5004
IPO Date
Aug 24, 2017
Business
Grieg Seafood ASA, founded in 1992 and headquartered in Bergen, Norway, is one of the world's leading salmon farming companies focused on the farming, production, and sale of premium Atlantic salmon; its core products include fresh whole salmon, freshly processed salmon portions and fillets, frozen processed and whole fish, and value-added seafood products; operations are concentrated in Rogaland and Finnmark regions of Norway, with a production capacity targeting around 80,000-100,000 tonnes of gutted weight annually, serving markets in North America, Europe, Asia, and internationally. Listed on the Oslo Stock Exchange since June 2007, the company emphasizes sustainable aquaculture practices, fish welfare improvements, and low environmental impact through technological advancements such as post-smolt facilities and data-driven farming. In July 2025, Grieg Seafood announced the sale of its salmon farming operations in British Columbia, Newfoundland in Canada, and Finnmark in Norway to Cermaq for approximately NOK 10.2 billion, pending regulatory approval and expected to close in Q4 2025, allowing a strategic refocus on core Norwegian Rogaland operations and sales; recent developments include the October 2025 appointment of Piotr Wingaard as Chief Commercial Officer, expansion of the Tytlandsvik Aqua post-smolt facility starting March 2026, establishment of a new value-added processing facility at Oslo Gardermoen, and leadership changes such as Kjetil Ørnes as Rogaland Regional Director in April 2025 and founder Per Grieg Jr. stepping down from the board in May 2025. As a subsidiary of Grieg Aqua AS, Grieg Seafood employs around 730 people and maintains Best Aquaculture Practices certification while collaborating on industry initiatives for sustainability and innovation.

Company News

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