Grieg Seafood ASA

Grieg Seafood ASA

22.84
NOK
-0.48
(-2.06%)
3.07BMarket Cap
Feb 17Next Earn
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
- -
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
- -
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
- -
Dividend per Share
- -
- -
0.5
- -
- -
- -
4
- -
- -
3
4.5
1.75
1.4
1.4
Book Value per Share
18.01
20.13
19.99
28.54
29.93
34.72
36.98
38.93
49.53
57.86
59.48
36.1
40.11
8.82
Tangible Book Value per Share
7.99
9.38
8.93
17.79
19.1
23.35
25.58
19.47
29.65
38.5
39.59
25.56
37.65
6.36
Basic Weighted Avg Shares
110
110
110
110
110
110
110
112
112
112
112
112
112
112
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
- -
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
- -
Depreciation Expense
136
141
214
174
201
236
307
369
376
451
555
651
381
- -
Net Income, GAAP
431
139
-7
1,186
571
973
620
-541
1,205
1,154
560
-2,451
1,110
- -
Effective Tax Rate (%)
20.91
16.03
- -
21.69
24.74
21.91
24.76
- -
29.2
20.3
33.69
956.67
- -
- -
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
- -
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
1,020
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
1,595
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
990
Return on Invested Capital (%)
13.62
4.55
- -
26.59
11.21
17.62
9.59
- -
7.92
12.02
5.27
-20.7
- -
- -
Return on Capital (%)
14.31
5.32
- -
25.13
11.03
17.01
9.83
- -
15.5
13.38
6.58
-43.59
- -
- -
Return on Common Equity (%)
24.62
6.59
-0.3
44.27
17.68
27.25
15.65
-12.8
24.25
19.15
8.51
-45.71
25.95
- -

Capital Structure

NOK

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
ST Debt
1,020
2,441
181
LT Borrowings
- -
- -
1,595
LT Finance Leases
- -
395
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
112
112
112
Market Capitalization
7,442
8,738
3,069

Working Capital

NOK

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
Total Current Assets
11,139
7,006
1,752
Cash, Cash Equivalents & STI
24
5,008
232
Accounts Receivable, Net
139
197
134
Inventories
1,374
1,660
1,143
Total Current Liabilities
3,843
3,327
731
Payables & Accruals
- -
- -
- -
ST Debt
1,020
2,441
181
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

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%

Semi-annual Revenue

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,318
2025
- -
- -
3,694
2026
- -
- -
- -

Semi-annual Earnings Per Share

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-21.85
2025
- -
- -
9.89
2026
- -
- -
- -

Semi-annual Dividends Per Share

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.75
2025
- -
- -
1.4
2026
- -
- -
- -

Company Description

CEO
Nina Willumsen Grieg
Full Time Employees
301
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Grieg-Gaarden Bergen HL Norway 5004
IPO Date
Jun 8, 2007
Business
Grieg Seafood ASA Grieg Seafood ASA is a Norway-based salmon farming company that specializes in the farming, production and sale of Atlantic salmon and trout; its core offerings include fresh whole salmon, freshly processed fillets and portions, frozen processed products, frozen whole fish, and value-added items such as smoked and marinated salmon through subsidiaries like Ocean Quality AS and Ocean Quality North America Inc. The company operates farming facilities primarily in Rogaland and Finnmark in Norway following the July 2025 sale of its Canadian operations in British Columbia and Newfoundland to Cermaq Group AS for NOK 10.2 billion; it also maintains a historical presence in Shetland, UK, though currently focused on Norwegian assets. Founded in 1992 and headquartered in Bergen, Norway, Grieg Seafood ASA employs around 730 people and targets North American, Asian and European markets with an emphasis on sustainable practices, including post-smolt production at facilities like Tytlandsvik Aqua, which is expanding with new halls starting construction in March 2026. Recent developments include the appointment of Piotr Wingaard as Chief Commercial Officer in October 2025 and a comprehensive transformation program launched in 2025 to reallocate resources to high-performing Norwegian sites, enhance financial flexibility via hybrid bond issuance and sale-leaseback arrangements, and optimize operational efficiency.

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