Grieg Seafood ASA - Company Profile

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Grieg Seafood ASA (Grieg Seafood) is a fish farming, sales, and distribution company that specializes in the farming of Atlantic salmon. The company’s business operations include the production and trade of salmon. Its product portfolio includes fresh whole fish, fresh processed fish, frozen processed fish, and other products. It holds several licenses for the production of salmon. Grieg Seafood markets and sells its products under the Skuna Bay brand name. The company has business presence in Norway, Canada, and the US. Grieg Seafood is headquartered in Bergen, Norway.

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Headquarters Norway

Address Grieg-Gaarden, C. Sundtsgate 17/19, Bergen, 5004


Telephone 47 55 576600

No of Employees 812

Industry Consumer Packaged Goods

Ticker Symbol & Exchange GSF (OSL)

Revenue (2023) $745.6M -2% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -77.5% (2023 vs 2022)

Market Cap* $670.4M

Net Profit Margin (2023) XYZ -77.0% (2023 vs 2022)

* As of and is in US$
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Grieg Seafood ASA premium industry data and analytics

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Grieg Seafood ASA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Grieg Seafood ASA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Fresh Whole Fish Sales and Distribution Skuna Bay
Fresh Processed Fish
Frozen Processed Fish
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In February, the company announced its plans to launch a processing facility near Oslo's international airport in Gardemoen, Norway.
2023 Plans/Strategy In November, the company announced its plans to invest NOK 1.1 billion in a new post-smolt unit at its smolt facility in Finnmark.
2023 Contracts/Agreements In November, the company entered into a partnership with Quinlan Brothers to introduce farmed Placentia Bay salmon to the market.
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Competitor Comparison

Key Parameters Grieg Seafood ASA Mowi ASA Leroy Seafood Group ASA SalMar ASA Royal Greenland AS
Headquarters Norway Norway Norway Norway Denmark
City Bergen Bergen Bergen Froya Nuuk
State/Province - - - - Greenland
No. of Employees 812 13,726 5,092 2,266 2,286
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Per Grieg Jr. Chairman Executive Board 2009 -
Tore Holand Vice Chairman Executive Board 2020 -
Andreas Kvame Chief Executive Officer Senior Management 2015 62
Atle Harald Sandtorv Chief Financial Officer Senior Management 2009 57
Nina Stangeland Chief Strategy Officer Senior Management 2023 43
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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