Riskpilot← Back to searchSign inGet full accessNORCOD AS
ASActiveOrg 821489962Thomas Angells Gate 22, 7011 TrondheimMarine aquaculture · NACE 0321Est. 201860 employees
Revenue 2024
NOK 382M
+53% vs 2023
EBITDA margin
-51.4%
+4% vs 2023
Equity ratio
30.8%
Financial strength
Net profit 2024
NOK -225,8M
+11% vs 2023
| Revenue | NOK 382M | +53% |
| EBITDA | NOK -196,2M | +4% |
| Net profit | NOK -225,8M | +11% |
| Total assets | NOK 514,3M | -2% |
| Equity | NOK 158,5M | -27% |
| Employees | 60 | — |
Legal name
NORCOD AS
Org number
821489962
Legal form
Aksjeselskap
NACE code
0321 · Marine aquaculture
Founded
17. oktober 2018
Share capital
NOK 35 183 513
Employees
60 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Produksjon av matfisk, bløtdyr, krepsdyr og pigghuder i hav- og kystbasert aquakultur, samt all annen virksomhet som står i forbindelse med dette, herunder å investere og eie aksjer i andre selskaper.
Address
Thomas Angells Gate 22, 7011 Trondheim
Phone
+4795071879
Email
kgm@norcod.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | 5 610 | 6 838 | 72 633 | 170 541 | 249 155 | 381 977 |
| Staff expenses | −3 161 | −15 157 | −23 579 | −43 031 | −56 153 | −60 689 |
| EBITDA | −11 189 | −15 862 | −31 166 | −274 771 | −203 551 | −196 155 |
| Depreciation & amort. | −11 | −2 473 | −5 607 | −6 626 | −8 854 | −10 079 |
| EBIT | −11 200 | −18 335 | −36 773 | −281 397 | −212 405 | −206 235 |
| Net financials | −2 088 | −4 721 | −9 341 | −18 098 | −41 856 | −19 762 |
| Profit before tax | −13 288 | −23 056 | −46 114 | −299 496 | −254 261 | −225 996 |
| Tax | −2 918 | −5 135 | −10 359 | −0 | −301 | −175 |
| Net profit | −10 370 | −17 921 | −35 754 | −299 496 | −253 960 | −225 821 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Total assets | 42 058 | 458 817 | 540 151 | 507 782 | 524 370 | 514 282 |
| Equity | 32 894 | 373 320 | 333 850 | 177 685 | 218 032 | 158 500 |
| Long-term debt | 0 | 67 952 | 100 174 | 24 986 | 33 351 | 29 817 |
| Short-term debt | 9 165 | 17 545 | 106 127 | 305 111 | 272 987 | 325 965 |
| Total debt | 9 165 | 85 497 | 206 301 | 330 097 | 306 337 | 355 782 |
EBITDA margin
-51.4%
This company
15.8%
Market median
-425% vs market
20192024
Equity ratio
30.8%
This company
38.2%
Market median
+19% vs market
20192024
Return on equity
-142.5%
This company
18.4%
Market median
-874% vs market
20192024
Net profit margin
-59.1%
This company
8.1%
Market median
-830% vs market
20192024
Asset turnover
0.74×
This company
1.12×
Market median
-34% vs market
20192024
Debt / equity
2.24×
This company
0.62×
Market median
-261% vs market
20192024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
CR Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2026 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2026 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Artha Norcod A/S | Company | 28.9% | 28.9% | 2024 |
Artha Norcod Vi A/S | Company | 18.7% | 18.7% | 2023 |
Artha Norcod Vii As | Company | 14.5% | 14.5% | 2024 |
Artha-Norcod Iii A/S | Company | 13.2% | 13.2% | 2023 |
| Individual | 11.3% | 11.3% | 2022 | |
The Bank Of New York Mellon Sa/Nv | Company | 10.7% | 10.7% | 2024 |
Rbc Investor Services Trust | Company | 10.1% | 10.1% | 2024 |
Sirena Group As | Company | 9.6% | 9.6% | 2024 |
Ronja Capital As | Company | 5.1% | 5.1% | 2023 |
| Individual | 4.4% | 4.4% | 2022 | |
Ronja Capital Investment As | Company | 3.9% | 3.9% | 2024 |
Danske Bank A/S | Company | 3.8% | 3.8% | 2024 |
Ubs Switzerland Ag | Company | 3.5% | 3.5% | 2024 |
| Individual | 2.9% | 2.9% | 2022 | |
Nordnet Bank Ab | Company | 2.6% | 2.6% | 2024 |
Nordea Bank Abp | Company | 1.9% | 1.9% | 2024 |
Kinondo Invest Aps | Company | 1.6% | 1.6% | 2024 |
| Individual | 1.6% | 1.6% | 2022 | |
| Individual | 1.4% | 1.4% | 2022 | |
Farvatn Private Equity As | Company | 1.1% | 1.1% | 2023 |
Gåsø Næringsutvikling As | Company | 1.1% | 1.1% | 2022 |
Jpmorgan Chase Bank, N.A., London | Company | 1.1% | 1.1% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
NORCOD AS (this company)
HAVLANDET NORCOD ASBoard members of NORCOD AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Christian Riber | Chief Executive Officer | 0 companies |
| Trine Lotherington Danielsen | Board of Directors | 0 companies |
| Peter Buhl | Board of Directors | 0 companies |
| Marit Solberg | Chairman | 0 companies |
| Hege Dahl | Board of Directors | 0 companies |
| Paul Allan Jewer | Board of Directors | 0 companies |
| Boe Romorus Spurre | Board of Directors | 0 companies |
| Antonio Manuel Soares Serrano | Board of Directors | 0 companies |
| Renate Larsen | Chairman | 0 companies |
| Tore Andreas Frøysa Tønseth | Board of Directors | 0 companies |
| Anders Bjerno | Board of Directors | 0 companies |
| Jan Severin Sølbæk | Board of Directors | 0 companies |