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Icelandic Salmon AS

Icelandic Salmon AS

56.50
NOK
0.00
(0.00%)
2.04BMarket Cap
Feb 18Next Earn
Icelandic Salmon AS
OSL:ISLAX
(Euronext Oslo)

Recent

price

56.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
- -
1.36
2.15
2
2.93
5.09
5.32
3.28
2.91
- -
Revenue per Share
- -
-0.29
0.05
-0.06
0.08
1.13
0.28
-0.1
-0.8
- -
Basic EPS, GAAP
- -
-0.38
-0.15
-0.29
-0.42
-0.16
0.46
-0.7
-0.92
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.72
2.08
2.13
3.49
3.53
4.66
4.94
4.84
4.04
3.75
Book Value per Share
1.1
1.46
1.51
2.87
2.87
3.48
3.76
3.66
2.86
2.57
Tangible Book Value per Share
31
31
31
31
31
31
31
31
31
31
Basic Weighted Avg Shares
- -
42
67
62
91
158
165
101
90
- -
Sales/Revenue/Turnover
- -
-13.99
7.22
4.76
4.48
21.88
7.99
3.05
-27.61
- -
Operating Margin (%)
- -
10
8
7
6
7
9
13
14
- -
Depreciation Expense
- -
-9
2
-2
2
35
9
-3
-25
- -
Net Income, GAAP
- -
- -
28.82
- -
8.92
16.5
15.97
- -
- -
- -
Effective Tax Rate (%)
- -
-21.5
2.36
-3.16
2.61
22.16
5.2
-3.04
-27.58
- -
Profit Margin (%)
1
11
39
35
64
81
74
94
105
96
Working Capital
13
10
44
1
43
57
59
87
128
127
LT Debt
53
64
66
108
109
144
153
150
125
116
Total Equity
- -
- -
3.03
- -
2.59
15.77
5.19
- -
- -
- -
Return on Invested Capital (%)
- -
- -
3.33
- -
2.91
20.02
5.46
- -
- -
- -
Return on Capital (%)
- -
-15.35
2.41
-2.24
2.18
27.55
5.77
-2.04
-18.06
- -
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
8
8
7
LT Borrowings
100
121
120
LT Finance Leases
10
8
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
31
31
Market Capitalization
264
210
181

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
111
130
123
Cash, Cash Equivalents & STI
5
7
10
Accounts Receivable, Net
10
7
6
Inventories
89
112
101
Total Current Liabilities
29
25
27
Payables & Accruals
- -
- -
- -
ST Debt
8
8
7
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.09%
-16.55%
Free Cash Flow
- -
-123.66%
32.92%
Net Income, GAAP
- -
329.19%
703.53%
Sales/Revenue/Turnover
- -
15.04%
-11.31%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
101
2025
- -
- -
90
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.1
2025
- -
- -
-0.8
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Icelandic Salmon AS is a Norwegian public limited company specializing in the production, processing, and sale of salmon and salmon-based products, with operations spanning Europe, North America, and Asia. The company owns Arnarlax ehf., the largest producer of Atlantic salmon in Iceland, which is fully vertically integrated from hatchery through sea farms, harvesting, and processing to sales. Icelandic Salmon offers a comprehensive range of products including fresh and frozen salmon fillets, salmon portions, and smoked salmon products such as sashimi-style cut smoked salmon. These products emphasize premium quality and sustainability, with many operations ASC-certified. Founded in 2001 and headquartered in Kverva, Norway, Icelandic Salmon operates as a subsidiary of SalMar ASA, one of the world’s largest salmon farming groups. The company leverages Iceland’s clean ocean waters and sustainable farming practices to produce salmon recognized for firm texture, vibrant color, and high levels of protein and Omega-3 fatty acids. Icelandic Salmon maintains strategic processing partnerships in Ireland and Spain to support product quality and distribution capabilities across multiple markets. Recent major company developments include the acquisition of additional fish farming operations on Iceland’s east coast by Kaldvik AS, an Icelandic salmon farming affiliate, to enhance control over its supply chain and operational efficiency. Additionally, Icelandic Salmon appointed Robert Róbertsson as CFO effective mid-2026, aiming to drive growth and target production expansion to 21,000 metric tons in 2026. The company continues to focus on sustainable growth and operational integration within SalMar’s broader global aquaculture framework. Icelandic Salmon commands the largest salmon farming volume in Iceland, controlling its value chain from hatchery to market, delivering differentiated salmon products that emphasize sustainability and high quality to a global customer base. Its commitment to environmental stewardship and market expansion characterizes its operational strategy within the competitive aquaculture industry.