Andfjord Salmon develops land-based Atlantic salmon farming on Andøya in northern Norway, using a flow-through system that draws cold, oxygen-rich seawater from deep fjord waters. The approach aims to combine controlled onshore pools with natural seawater exchange, distinguishing it from traditional open-net pens and fully closed recirculating aquaculture systems. The company is still in the build-out and early production phase of its facility at Kvalnes.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 0 | — | -18 | — |
| Q2 2025 | 0.9 | — | -26.8 | — |
| Q3 2025 | 0 | — | -45.2 | — |
| Q4 2025 | 0.6 | — | -54.3 | — |
| Q1 2026 | 0 | — | -23.9 | — |
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Other companies on Oslo: ShaMaran Petroleum Ltd. (SNM), Rogaland Sparebank (ROGS), Grieg Seafood ASA (GSF), Ventura Offshore Holding Ltd. (VTURA), Selvaag Bolig ASA (SBO), Polaris Media ASA (POL)