Nordic Aqua Partners develops and operates land-based Atlantic salmon farming using recirculating aquaculture systems (RAS). Its flagship project is a fully integrated commercial-scale RAS farm in Ningbo, China, aimed at supplying fresh salmon to the Chinese market with Nordic technology and know-how. The business model combines aquaculture production with a localization strategy near a large consumer market rather than traditional open-net-pen farming in Norway.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 2.3 | — | -4.3 | — |
| Q2 2025 | 5.1 | — | -10.1 | — |
| Q3 2025 | 3.5 | — | -2.5 | — |
| Q4 2025 | 2 | — | 0.4 | — |
| Q1 2026 | 6 | 161.6% | 2.2 | — |
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Other companies on Oslo: Icelandic Salmon AS (ISLAX), Fjord Defence Group ASA (DFENS), Appear ASA (APR), SpareBank 1 Nordmøre (SNOR), Norsk Titanium AS (NTI), Jæren Sparebank (JAREN)