SALMAR ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 652.5 NOK | 0.00% |
|
-4.11% | +14.63% |
| Apr. 10 | Salmar Asa Reports Consolidated Operating Results for the First Quarter of 2024 | CI |
| Apr. 02 | U.S. Futures Slip, European Stocks Climb | DJ |
Business Summary
- processing and sale of salmon and farmed fish (93.5%);
- salmonid farming (6.5%): producing, in 2022, 193.7 Kt of salmonid. In addition, the group holds 51.02% of Icelandic Salmon AS (Iceland) and 50% of Norskott Havbruk AS (Norway).
Net sales are distributed geographically as follows: Norway (11.3%), Europe (41.7%), Asia (23.6%), the United States and Canada (20.7%) and other (2.7%).
Number of employees: 2,063
Sales per Business
| NOK in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Sales & Industry
96.0
%
| 19,141 | 95.0 % | 27,094 | 96.0 % | +41.55% |
Other/Eliminations
-75.2
%
| -14,366 | -71.3 % | -21,233 | -75.2 % | +47.80% |
Fish Farming Central Norway
44.0
%
| 8,872 | 44.0 % | 12,419 | 44.0 % | +39.98% |
Fish Farming Northern Norway
28.0
%
| 4,883 | 24.2 % | 7,894 | 28.0 % | +61.67% |
Icelandic Salmon
6.6
%
| 1,595 | 7.9 % | 1,871 | 6.6 % | +17.31% |
SalMar Aker Ocean
0.6
%
| 32 | 0.2 % | 173 | 0.6 % | +432.46% |
Sales per region
| NOK in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Global
96.6
%
| 19,174 | 95.1 % | 27,267 | 96.6 % | +42.21% |
Other/Eliminations
-75.2
%
| -14,366 | -71.3 % | -21,233 | -75.2 % | +47.80% |
Norway
72.0
%
| 13,755 | 68.2 % | 20,314 | 72.0 % | +47.68% |
Iceland
6.6
%
| 1,595 | 7.9 % | 1,871 | 6.6 % | +17.31% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Frode Arntsen
CEO | Chief Executive Officer | 54 | 17-11-30 |
Gustav Witzøe
FOU | Founder | 71 | 91-02-07 |
| Chief Executive Officer | 66 | 96-09-30 | |
Ulrik Steinvik
DFI | Director of Finance/CFO | 50 | 06-05-31 |
Håkon Husby
IRC | Investor Relations Contact | - | - |
| Human Resources Officer | 46 | 15-12-31 | |
Runar Sivertsen
PRN | Corporate Officer/Principal | 39 | 09-12-31 |
Roger Bekken
PRN | Corporate Officer/Principal | 57 | 18-06-03 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Morten Loktu
BRD | Director/Board Member | 64 | 22-05-31 |
Margrethe Hauge
BRD | Director/Board Member | 53 | 17-06-05 |
| Director/Board Member | 66 | 95-12-31 | |
Gustav Witzøe
FOU | Founder | 71 | 91-02-07 |
Arnhild Holstad
BRD | Director/Board Member | 61 | 22-05-31 |
| Director/Board Member | - | 13-12-31 | |
Simon Sobstad
BRD | Director/Board Member | 50 | 07-01-31 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 132,038,920 | 65,240,077 ( 49.41 %) | 278,854 ( 0.2112 %) | 49.41 % |
Holdings
| Name | Equities | % | Valuation |
|---|---|---|---|
ICELANDIC SALMON 51.02% | 15,798,152 | 51.02% | 188,888,235 $ |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
SalMar AS
 SalMar AS Agricultural Commodities/MillingProcess Industries SalMar AS engages in business activities related to fishing industry. It offers processing and preservation of fish and fish products. The firm produces farmed salmon. The company was founded on October 1, 1990 and is headquartered in Kverva, Norway. |
Agricultural Commodities/Milling
|
Sector
Sales per Business
Sales per region
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
652.5
NOK
Average target price
699
NOK
Spread / Average Target
+7.13%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +14.63% | 7.8B | |
| +2.14% | 8.64B | |
| +9.70% | 2.46B | |
| +23.92% | 1.9B | |
| -6.67% | 1.7B | |
| +12.07% | 1.52B | |
| +8.71% | 942M | |
| -3.38% | 891M | |
| +12.10% | 618M | |
| -29.15% | 525M |
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