Nordic Halibut

Nordic Halibut

Nordic Halibut is sushi-grade halibut farmed in Norway. Learn more

Launch date
Employees
Market cap
$128m
Enterprise valuation
$148m (Public information from Sep 2024)
Company register number 974526441
Averøy Møre og Romsdal (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
NOK2020202120222023202420252026
Revenues34.7m71.2m80.0m102m101m329m565m
% growth(36 %)105 %12 %27 %(1 %)226 %72 %
EBITDA(3.1m)(30.1m)(41.2m)(22.0m)(114m)64.3m239m
% EBITDA margin(9 %)(42 %)(51 %)(22 %)(113 %)20 %42 %
Profit(21.3m)(52.2m)(62.3m)(60.7m)(89.0m)21.1m158m
% profit margin(61 %)(73 %)(78 %)(60 %)(88 %)6 %28 %
EV / revenue0.3x10.2x8.0x7.2x13.0x4.3x2.4x
EV / EBITDA-3.0x-24.0x-15.6x-33.2x-11.6x22.2x5.7x
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DateInvestorsAmountRound
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N/A

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N/A

IPO
*

NOK230m

Post IPO Debt
Total Funding-

Recent News about Nordic Halibut

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Nordic Halibut specializes in farming sushi-grade halibut in Norway, focusing on high-quality, sustainable aquaculture practices. The company serves clients in the seafood industry, including restaurants, wholesalers, and retailers who demand premium, safe-to-eat fish. Operating in the aquaculture market, Nordic Halibut employs a fully integrated business model that spans from genetics to sales, ensuring control over the entire production process. Revenue is generated through the sale of high-quality halibut, known for its impressive nutritional profile rich in protein, B vitamins, selenium, potassium, and phosphorus. The company prides itself on its minimal environmental impact and its pioneering role in the Atlantic halibut farming industry since 1995. With a dedicated broodstock program nearing its 4th generation, Nordic Halibut leverages unparalleled aquaculture expertise to maintain its market-leading position.

Keywords: sushi-grade halibut, sustainable farming, Norway, aquaculture, premium seafood, integrated value chain, high-quality fish, nutritional profile, minimal environmental impact, pioneering industry.

Tech stack

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