Norway Royal Salmon AS
NRYYY
Other OTC10.90
USD
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Norway Royal Salmon AS
NRYYY
(Other OTC)
Recent
price
10.90
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Norway Royal Salmon ASA Norway Royal Salmon ASA operates as a subsidiary of SalMar ASA following its merger completion in November 2022, focusing on integrated salmon farming activities; the company produces, harvests, sells, and markets smolt, fresh and frozen salmon including whole round fish, fillets, portions, smoked, and marinated products, as well as trout through subsidiaries and partnerships. It maintains operations in northern Norway's Troms and Finnmark regions with 36,085 tonnes of maximum allowed biomass for salmon, and historically included Icelandic production via Arctic Fish with capacities for 21,800 tonnes salmon and 5,300 tonnes trout, alongside minority stakes in associated fish farming companies holding additional licenses. Headquartered in Trondheim, Norway, and founded in 1992 by 34 salmon farmers to establish a fully controlled value chain from smolt production to global market sales, the company exports to numerous countries emphasizing sustainable, high-quality Atlantic salmon output equivalent to approximately 70,000 tonnes annually. Recent major changes encompass the 2022 merger with SalMar ASA, which integrated its aquaculture assets into the parent while trading operations transferred to Visscher Seafood Group; prior to this, it acquired SalmoNor in early 2022, forming one of the world's largest salmon producers with expanded capacities in central and northern Norway plus Iceland, and developed offshore farming initiatives like Arctic Offshore Farming facilities stocked in 2024 under SalMar Aker Ocean. These strategic consolidations enhance biological performance, processing scale via facilities like InnovaNor, and synergies in smolt supply, harvesting, and sales across over 50 markets.