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Grieg Seafood A GSF.OL · NOK

Consumer Staples · Oslo Børs · 🇳🇴 Norway

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22.54

+0.71%

Close of 9 Nov 2026, in NOK

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About Grieg Seafood A

Its shares trade on Oslo Børs under the ticker GSF.OL. It has been listed since 21 June 2007. In the fiscal year to 31 December 2025, it reported revenue of NOK 3.69bn and net income of NOK 1.11bn. At that date it held total assets of NOK 8.70bn and shareholders' equity of NOK 4.46bn.

Grieg Seafood ASA is an international seafood company, which engages in farming of salmon and trout. The company is headquartered in Bergen, Hordaland. The company went IPO on 2007-06-21. The firm's facilities are located in Finnmark and Rogaland in Norway, and British Columbia and Newfoundland in Canada. Finnmark operates a hatchery in Lebesby, fish farms in Alta, Loppa, Nordkapp and Hammerfest, a slaughterhouse at Simanes in Alta, a post-smolt plant in Hasvik and a regional office in Kunnskapsparken in the center of Alta. Rogaland operates two hatcheries in Bokn, fish farms in Stavanger, Sandnes, Bokn, Hjelmeland and Kvitsoy, brood fish production in Suldal, a slaughterhouse on Sjernaroy and a regional office on Judaberg. British Columbia operates 22 farms off Vancouver Island and the Sunshine Coast.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Staples
Industry
Food Products
Listed since
21 Jun 2007
Employees
753

Leadership

Pay as last reported

  • Mr. Paal JohnsenChairman of the Board, since 2024NOK 199,000
  • Ms. Nina GriegChief Executive Officer
  • Mr. Magnus JohannesenChief Financial Officer
  • Ms. Kathleen MathisenChief Human Resources OfficerNOK 2.4m
  • Mr. Knut UtheimChief Technology OfficerNOK 2.9m
  • Mr. Grant CummingChief Operating Officer - Farming CanadaNOK 2.5m
  • Ms. Kristina FurnesGroup Communication ManagerNOK 1.7m
  • Mr. Erik HolvikChief Commercial OfficerNOK 3.1m
  • Mr. Alexander KnudsenChief Operating Officer - Farming Europe, since 2020NOK 3.1m
  • Ms. Nina StangelandChief Strategy OfficerNOK 1.9m
  • Mr. Nicolai GriegDirectorNOK 322,000
  • Mr. Per GriegDirectorNOK 556,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
60
Environment
63
Social
82
Governance
34
Direct emissions (scope 1)
34,233 t
Energy emissions (scope 2)
2,175 t
Value chain emissions (scope 3)
454,478 t
Women in the workforce
28%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Strong market position: Grieg Seafood ASA is one of the largest and most recognized seafood producers globally, with a significant market share.
  • Diverse product portfolio: The company offers a wide range of high-quality seafood products, including salmon, trout, and other fish species, catering to diverse customer preferences.
  • Sustainable and responsible practices: Grieg Seafood focuses on sustainable fish farming methods, ensuring minimal environmental impact and promoting responsible aquaculture practices.

Weaknesses

  • Dependence on external factors: Grieg Seafood's operations are highly dependent on factors beyond its control, such as weather conditions, disease outbreaks, and regulatory changes, which can impact production and profitability.
  • Exposure to market volatility: The seafood industry is subject to price fluctuations due to supply and demand imbalances, market competition, and global economic conditions, which can affect Grieg Seafood's revenue and profitability.
  • Limited geographic diversification: The company's operations are primarily concentrated in Norway, which exposes it to specific regional risks and market conditions, potentially hindering its ability to expand into new markets.

Opportunities

  • Growing demand for seafood: With increasing health awareness and rising consumption of protein-rich diets, the demand for seafood is expected to continue to grow globally, presenting expansion opportunities for Grieg Seafood.
  • Emerging markets: The company can tap into emerging markets, such as Asia-Pacific and South America, where the demand for seafood is expanding rapidly, by leveraging its brand reputation and expertise.
  • Technological advancements: Grieg Seafood can benefit from adopting innovative technologies and practices, such as automation, precision monitoring, and genetic improvement, to enhance efficiency, productivity, and fish health.

Threats

  • Environmental regulations: Stricter environmental regulations related to fish farming practices and safeguarding marine ecosystems can increase compliance costs and operational challenges for Grieg Seafood.
  • Intense competition: The seafood industry is highly competitive, with numerous domestic and international players vying for market share, which could potentially impact Grieg Seafood's pricing power and market position.
  • Disease outbreaks: Outbreaks of diseases, such as sea lice and various viral infections, pose a significant threat to fish health and can lead to substantial production losses for Grieg Seafood.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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