Arctic Fish Holding AS

Arctic Fish Holding AS

24.80
NOK
-0.20
(-0.80%)
2.32EPS
40.33P/E
2.98BMarket Cap
Nov 11Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.02
0.52
0.11
0.19
1.74
2.79
2.54
2.5
0.37
Basic EPS, GAAP
-0.12
-0.15
-0.01
0.05
0.18
-0.4
0.08
-0.7
0.2
Free Cash Flow per Basic Share
-0.53
-0.84
-0.04
-0.06
-1.05
-1.07
-0.26
-0.29
-0.53
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.96
0.88
0.14
0.31
3.09
2.69
2.77
2.18
0.23
Tangible Book Value per Share
0.91
0.8
0.13
0.29
2.93
2.49
2.56
2.02
0.21
Basic Weighted Avg Shares
32
32
32
31
32
32
32
36
30
Sales/Revenue/Turnover
1
17
3
6
55
89
81
89
11
Operating Margin (%)
-204.72
-14.95
0.36
21.48
23.41
14.19
20.2
-13.03
80.27
Depreciation Expense
1
3
- -
- -
5
7
9
9
2
Net Income, GAAP
-4
-5
- -
2
6
-13
3
-25
6
Effective Tax Rate (%)
- -
- -
- -
- -
17.67
- -
25.52
- -
15.93
Profit Margin (%)
-629.54
-29.53
-10.25
25.6
10.5
-14.48
3.23
-28.04
52.98
Working Capital
2
13
1
6
63
84
95
97
3
LT Debt
12
37
2
3
70
127
134
139
6
Total Equity
31
28
4
10
99
86
88
98
7
Return on Invested Capital (%)
- -
- -
- -
- -
11.14
- -
4.8
- -
50.62
Return on Capital (%)
- -
- -
- -
- -
9.51
- -
4.66
- -
41.31
Return on Common Equity (%)
- -
-16.72
-2.15
21.63
10.76
-13.97
3
-26.84
67.71

Capital Structure

EUR

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
ST Debt
1
9
3
LT Borrowings
5
70
6
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
283
301
254

Working Capital

EUR

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
Total Current Assets
7
91
7
Cash, Cash Equivalents & STI
1
7
1
Accounts Receivable, Net
2
4
- -
Inventories
5
72
6
Total Current Liabilities
3
29
4
Payables & Accruals
- -
- -
- -
ST Debt
1
9
3
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
207.3%
11.26%
Free Cash Flow
- -
327.97%
25.38%
Net Income, GAAP
- -
-350.63%
-1,058.01%
Sales/Revenue/Turnover
- -
193.52%
10.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
12
- -
24
81
2025
- -
13
- -
26
89
2026
- -
32
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.13
- -
0.04
0.08
2025
- -
-0.29
- -
0.03
-0.7
2026
- -
-0.24
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Daníel Jakobsson
Full Time Employees
128
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Sindragata 10 Isafjordur NV Iceland 400
IPO Date
Feb 19, 2021
Business
Arctic Fish Holding AS (AFISH.OL) is a Norwegian-listed seafood company primarily engaged in the farming, processing, and sale of Atlantic salmon. The company produces high-quality fresh and frozen salmon products, including whole fish, fillets, portions, and value-added items such as smoked salmon and ready-to-eat preparations; it also offers by-products like salmon oil and meal for animal feed and aquaculture applications. Operations span salmon farming sites in Iceland's Westfjords region, with primary processing facilities in Ísafjörður and sales directed to key markets in Europe, North America, and Asia. Founded in 2016 and headquartered in Ísafjörður, Iceland, Arctic Fish operates within the global aquaculture industry, targeting wholesale buyers, retailers, and foodservice providers with sustainably farmed premium salmon under its own brand and private labels. The company emphasizes environmental responsibility through low-density farming practices, antibiotic-free production, and adherence to ASC (Aquaculture Stewardship Council) standards. Its business segments include primary production, secondary processing, and international distribution, supported by subsidiaries focused on feed supply and logistics. In recent developments, Arctic Fish expanded its production capacity through the acquisition of additional farming licenses in Iceland in 2024, boosting annual harvest volumes toward 20,000 tonnes. The company secured a strategic partnership with Mowi ASA in late 2024 for technology sharing in fish health management, enhancing operational efficiency. Additionally, it launched a new line of organic-certified salmon products in early 2025, targeting premium EU markets amid rising demand for certified sustainable seafood.