Nordic Halibut

Nordic Halibut

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

Launch date
Employees
Market cap
CAD175m
Enterprise valuation
CAD201m (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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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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