Grieg Seafood is one of the world’s leading salmon farming companies, targeting 90 000 tonnes of harvest in 2022 and 130 000 tonnes in 2025. Our farms are in Finnmark and Rogaland in Norway, and British Columbia and Newfoundland in Canada. Our headquarter is located in Bergen, Norway. More than 750 people work in the company throughout our regions.
Sustainable farming practices are the foundation of our operations. The lowest possible environmental impact and the best possible fish welfare is both an ethical responsibility and drive economic profitability. Towards 2025, we aim for global growth, cost improvements and to evolve from a pure salmon supplier to an innovation partner for selected customers.
1992
Served areaWorldwide
HeadquartersPostboks 234 Sentrum, 5804 Bergen – Norway
Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 10,649,527,000.00 | 10,714,248,000.00 | 12,875,365,000.00 |
Noncurrent Assets | N/A | 5,380,830,000.00 | 5,871,477,000.00 | 6,479,642,000.00 |
Property Plant And Equipment | N/A | 3,033,154,000.00 | 3,402,629,000.00 | 4,035,590,000.00 |
Goodwill | N/A | 638,019,000.00 | 660,071,000.00 | 691,094,000.00 |
Licences And Franchises | N/A | 1,508,452,000.00 | 1,536,319,000.00 | 1,463,710,000.00 |
Other Intangible Assets | N/A | 38,015,000.00 | 36,828,000.00 | 14,689,000.00 |
Investments In Associates | N/A | 84,421,000.00 | 104,675,000.00 | 216,624,000.00 |
Other Noncurrent Receivables | N/A | 9,476,000.00 | 90,897,000.00 | 17,935,000.00 |
Deferred Tax Assets | N/A | 29,293,000.00 | 59,000.00 | 0.00 |
Inventories | N/A | 78,001,000.00 | 128,299,000.00 | 240,172,000.00 |
Current Trade Receivables | N/A | 179,384,000.00 | 151,793,000.00 | 259,137,000.00 |
Other Current Receivables | N/A | 133,069,000.00 | 147,332,000.00 | 157,060,000.00 |
Current Biological Assets | N/A | 2,545,903,000.00 | 3,449,412,000.00 | 4,045,800,000.00 |
Other Current Financial Assets | N/A | N/A | 0.00 | 1,012,848,000.00 |
Cash and cash equivalents | 214,497,000.00 | 275,427,000.00 | 928,342,000.00 | 642,719,000.00 |
Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 3,295,972,000.00 | 4,842,771,000.00 | 6,395,723,000.00 |
Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 1,972,725,000.00 | 0.00 | N/A |
Equity And Liabilities | N/A | 10,649,527,000.00 | 10,714,248,000.00 | 12,875,365,000.00 |
Equity | 4,140,843,000.00 | 4,370,918,000.00 | 5,563,302,000.00 | 6,485,708,000.00 |
Issued Capital | N/A | 453,788,000.00 | 453,788,000.00 | 453,788,000.00 |
Retained Earnings | N/A | 3,135,880,000.00 | 4,344,307,000.00 | 5,138,612,000.00 |
Treasury Shares | N/A | 4,686,000.00 | 4,532,000.00 | 5,407,000.00 |
Other Equity Interest | N/A | 84,401,000.00 | 68,205,000.00 | 197,180,000.00 |
Reserve Of Sharebased Payments | N/A | 2,411,000.00 | 29,000.00 | 589,000.00 |
Liabilities | N/A | 6,278,609,000.00 | 5,150,946,000.00 | 6,389,657,000.00 |
Noncurrent Liabilities | N/A | 4,817,272,000.00 | 4,039,714,000.00 | 4,540,316,000.00 |
Deferred Tax Liabilities | N/A | 908,958,000.00 | 1,069,802,000.00 | 1,041,101,000.00 |
Trade And Other Current Payables | N/A | 562,848,000.00 | 523,196,000.00 | 717,498,000.00 |
Current Tax Liabilities Current | N/A | 14,791,000.00 | 88,641,000.00 | 353,191,000.00 |
Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 968,509,000.00 | 1,111,232,000.00 | 1,849,341,000.00 |
Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 492,829,000.00 | 0.00 | N/A |
Other Current Liabilities | N/A | 94,616,000.00 | 212,422,000.00 | 288,293,000.00 |
Line item in (nok) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue | 4,384,357,000.00 | 4,598,585,000.00 | 7,163,956,000.00 |
Other Income | 28,688,000.00 | 70,745,000.00 | 31,490,000.00 |
Raw Materials And Consumables Used | 1,717,279,000.00 | 1,738,267,000.00 | 2,233,655,000.00 |
Depreciation And Amortisation Expense | 360,178,000.00 | 368,482,000.00 | 434,641,000.00 |
Other Expense By Nature | 1,592,852,000.00 | 1,527,347,000.00 | 2,087,310,000.00 |
Other Gains Losses | -4,786,000.00 | -6,752,000.00 | 13,393,000.00 |
Finance Income | 103,000.00 | 125,233,000.00 | 121,609,000.00 |
Finance Costs | 247,895,000.00 | 212,499,000.00 | 171,553,000.00 |
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 3,350,000.00 | -1,486,000.00 | 21,096,000.00 |
Profit Loss Before Tax | -304,440,000.00 | 853,678,000.00 | 1,447,642,000.00 |
Income Tax Expense Continuing Operations | 11,557,000.00 | 249,301,000.00 | 293,863,000.00 |
Profit Loss From Continuing Operations | -315,997,000.00 | 604,377,000.00 | 1,153,779,000.00 |
Profit Loss From Discontinued Operations | -198,823,000.00 | 600,291,000.00 | 0.00 |
Profit (loss) | -514,820,000.00 | 1,204,668,000.00 | 1,153,779,000.00 |
Profit Loss Attributable To Owners Of Parent | -541,054,000.00 | 1,204,668,000.00 | 1,153,779,000.00 |
Profit Loss Attributable To Noncontrolling Interests | 26,234,000.00 | 0.00 | N/A |
Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Profit (loss) | N/A | -514,820,000.00 | 1,204,668,000.00 | 1,153,779,000.00 |
Adjustments For Depreciation And Amortisation Expense | N/A | 368,874,000.00 | 375,674,000.00 | 591,422,000.00 |
Adjustments For Undistributed Profits Of Associates | N/A | -3,350,000.00 | 1,486,000.00 | -21,096,000.00 |
Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | -7,888,000.00 | -10,624,000.00 | 4,359,000.00 |
Cash Flows From Used In Operating Activities | N/A | 412,156,000.00 | 601,484,000.00 | 1,562,336,000.00 |
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | -84,754,000.00 | 0.00 | N/A |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 620,464,000.00 | 0.00 | N/A |
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 781,000.00 | 11,229,000.00 | 17,112,000.00 |
Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 760,089,000.00 | 561,041,000.00 | 561,916,000.00 |
Purchase Of Intangible Assets Classified As Investing Activities | N/A | 159,066,000.00 | 3,833,000.00 | 2,581,000.00 |
Proceeds From Government Grants Classified As Investing Activities | N/A | 0.00 | 8,443,000.00 | 9,119,000.00 |
Other Inflows Outflows Of Cash Classified As Investing Activities | N/A | N/A | -15,000,000.00 | -112,212,000.00 |
Cash Flows From Used In Investing Activities | N/A | -1,592,944,000.00 | -560,202,000.00 | -1,650,702,000.00 |
Payments To Acquire Or Redeem Entitys Shares | N/A | N/A | 0.00 | 24,400,000.00 |
Payments Of Lease Liabilities Classified As Financing Activities | N/A | 177,931,000.00 | 184,925,000.00 | 225,468,000.00 |
Dividends Paid Classified As Financing Activities | N/A | N/A | 0.00 | 336,942,000.00 |
Interest Paid Classified As Financing Activities | N/A | 94,665,000.00 | 189,381,000.00 | 140,002,000.00 |
Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | -38,268,000.00 | -11,021,000.00 | 21,898,000.00 |
Cash Flows From Used In Financing Activities | N/A | 1,478,498,000.00 | -1,430,055,000.00 | -203,637,000.00 |
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 58,948,000.00 | 651,577,000.00 | N/A |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 1,982,000.00 | 1,339,000.00 | 6,380,000.00 |
Cash and cash equivalents | 214,497,000.00 | 275,427,000.00 | 928,342,000.00 | 642,719,000.00 |
Please note that some sums might not add up.
NO0010365521
LEI5967007LIEEXZXH5VC37
SectorAgricultural Products & Services
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