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, frozen 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. Its products are primarily used by customers in the seafood industry, including retailers and food service providers. Grieg Seafood operates a distribution network to facilitate the sales and distribution of its products. The company has business presence in Norway, Canada, and the US. Grieg Seafood is headquartered in Bergen, Norway.
Headquarters
Norway
Address
Grieg-Gaarden, C. Sundtsgate 17/19, Bergen, 5004
Website
griegseafood.com
Telephone
47 55 576600
No of Employees
826
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
GSF (OSL)
Revenue (2024)
$686.7M
5.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-537.8%
(2024 vs 2023)
Market Cap*
$394.6M
Net Profit Margin (2024)
XYZ
-516.6%
(2024 vs 2023)
* As of and is in US$
Grieg Seafood ASA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Fresh Whole Fish | Sales and Distribution | Skuna Bay |
| Fresh Processed Fish | ||
| Frozen Processed Fish | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Others | In October, the company announced that the expansion of post-smolt facility Tytlandsvik Aqua. |
| 2026 | Divestiture | In January, the company sold its operations in Finnmark, Norway, and British Columbia and Newfoundland in Canada to Cermaq Group AS. |
| 2024 | Plans/Strategy | In February, the company announced its plans to launch a processing facility near Oslo's international airport in Gardemoen, Norway. |
Competitor Comparison
| Key Parameters | Grieg Seafood ASA | Mowi ASA | Leroy Seafood Group ASA | SalMar ASA | Cermaq Group AS |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | Norway | Norway | Norway |
| City | Bergen | Bergen | Bergen | Froya | Sentrum |
| State/Province | - | - | - | - | Oslo |
| No. of Employees | 826 | 12,579 | 5,269 | 2,941 | 2,700 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paal Espen Johnsen | Chairman | Executive Board | 2025 | 55 |
| Nina Willumsen Grieg | Chief Executive Officer | Senior Management | 2025 | 43 |
| Magnus Johannesen | Chief Financial Officer | Senior Management | 2025 | 31 |
| Knut Utheim | Chief Technology Officer | Senior Management | 2020 | 58 |
| Kristina Furnes | Chief Communications Officer | Senior Management | 2019 | 38 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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