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Nordic Halibut AS

Nordic Halibut AS

27.80
NOK
-0.20
(-0.71%)
-0.54EPS
1.31BMarket Cap
Nov 19Next Earn
Nordic Halibut AS
OSL:NOHAL
(Euronext Oslo)

Recent

price

27.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
NOK
1.57
2.92
3.67
2.89
2.76
2.31
1.48
3.14
2.7
2.61
2.32
2.79
2.7
Revenue per Share
-4.35
0.03
-0.27
-0.32
-1.03
-1.31
-0.91
-2.69
-2.1
-1.55
-2.56
-0.19
-0.54
Basic EPS, GAAP
-1.79
-0.39
-0.12
-0.33
-0.51
-1.3
-1.5
-3.4
-3.68
-3.45
-4.57
-5.65
-6.65
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
6.94
6.97
6.7
6.81
6.3
6.26
8.53
14.35
12.3
12.92
10.4
12.69
12
Book Value per Share
6.94
6.97
6.69
6.81
6.29
6.26
8.53
14.35
12.3
12.92
10.4
12.69
12
Tangible Book Value per Share
23
23
23
23
23
23
23
23
30
39
39
52
55
Basic Weighted Avg Shares
37
68
86
68
65
54
35
71
80
102
91
145
147
Sales/Revenue/Turnover
-193.57
8.45
-0.01
-2.95
-26.69
-44.63
-50.49
-76.86
-73.18
-46.7
-81.18
6.16
-13.16
Operating Margin (%)
8
9
10
12
13
12
13
12
17
25
36
51
78
Depreciation Expense
-102
1
-6
-7
-24
-31
-21
-61
-62
-61
-100
-10
-30
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-276.99
1.19
-7.41
-10.92
-37.13
-56.8
-61.33
-85.61
-77.9
-59.58
-110.24
-6.85
-20.07
Profit Margin (%)
93
85
75
74
130
130
186
267
178
235
111
292
137
Working Capital
27
26
30
30
92
91
91
41
67
96
90
268
324
LT Debt
162
163
157
159
147
147
200
426
365
505
407
678
654
Total Equity
- -
2.27
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
2.49
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
0.5
-3.98
-4.68
-15.66
-20.93
-12.29
-19.5
-15.77
-13.94
-21.88
-1.84
-4.52
Return on Common Equity (%)

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
203
296
423
LT Borrowings
119
155
220
LT Finance Leases
149
150
104
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
54
Market Capitalization
1,069
1,144
1,307

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
581
571
663
Cash, Cash Equivalents & STI
13
19
32
Accounts Receivable, Net
26
20
26
Inventories
516
517
569
Total Current Liabilities
289
376
526
Payables & Accruals
- -
- -
- -
ST Debt
203
296
423
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.06%
36.94%
66.67%
Free Cash Flow
61.75%
56.35%
65.24%
Net Income, GAAP
-48.34%
32.15%
-90.01%
Sales/Revenue/Turnover
14.25%
38.9%
60.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22
19
17
32
91
2025
44
32
24
45
145
2026
48
30
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.58
-0.58
-0.75
-0.62
-2.56
2025
0.13
-0.76
-0.05
0.54
-0.19
2026
-0.72
-0.31
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Vanet Gida Sanayi Ic ve Dis Ticaret AS (BIST:VANGD)
Business
Nordic Halibut AS (NOHAL.OL) is a Norway-based producer, processor and seller of farmed Atlantic halibut products worldwide. The company operates a fully integrated value chain encompassing genetics, broodstock and fry production, juvenile production, on-growing, grow-out, harvesting, processing and sales; it offers fresh, frozen, whole and filleted halibut products noted for sushi-grade quality, firm texture and sustainable production. Founded in 1995 and headquartered in Averøy, Møre og Romsdal, Norway, Nordic Halibut targets premium markets including culinary, sushi and sashimi sectors with operations centered in Western Norway. The company pursues organic growth through expanded production volumes, with targets of 4,500 tonnes head-on-gutted (HOG) by 2027 and 10,350 tonnes HOG by 2031 via improved early-phase biology and operational efficiencies. In March 2025, Nordic Halibut entered a strategic agreement with Pure Norwegian Seafood AS (PNS), a Masoval AS subsidiary, securing long-term access to high-quality processing facilities in Averøy featuring flexible production lines, sanitary slaughtering and freezing capabilities, alongside an option to acquire 100% of PNS shares for full value-chain control. In February 2025, the company announced a final investment decision for its new Tingvoll land-based facility in Torjulvågen, integrating all production phases in a 100% flow-through system tailored for halibut to produce 1 million juveniles annually, leveraging deep fjord waters for energy-efficient operations and serving as a center for R&D and competence development. These initiatives support ramp-up plans, regional job creation and sustainable profitable growth amid a breakthrough in early-phase production.