Company Bakkafrost

BAKKA

FO0000000179

Fishing & Farming

Market Closed - Oslo Bors Other stock markets 08:15:00 24/07/2026 pm IST			5-day change	1st Jan Change
440.60 ^NOK	-0.23%		-1.83%	-14.70%

08/07	Handelsbanken cuts target price for Bakkafrost to 450 Norwegian kroner (491), reiterates hold - BN	FW
02/07	P/F Bakkafrost Reports Production Results for the Second Quarter and Year to Date 2026	CI

Business description: Bakkafrost

Bakkafrost specializes in salmon farming. Net sales break down by activity as follows:

- manufacturing of salmon-based products (94.2%);

- production of fish feed, fish meal, and fish oil (4.9%);

- provision of services (0.8%);

- salmon farming (0.1%).

Net sales are distributed geographically as follows: Eastern Europe (4%), Western Europe (56%), Asia (15.3%), North America (23.7%), and Other regions (1%).

Number of employees: 1,816

Sales by Activity: Bakkafrost

Fiscal Period: December	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)	2025 (DKK)
Sales and Other	-	-	927.28Cr	1.02TCr	1.03TCr
Farming Faroe Islands	347.67Cr	463.26Cr	331.16Cr	391.73Cr	405.07Cr
Farming Scotland	145.54Cr	144.16Cr	145.27Cr	184.15Cr	112.11Cr
Freshwater Faroe Islands	-	-	59Cr	78Cr	90Cr
Freshwater Scotland	-	-	14Cr	12Cr	17Cr
Value Added Products (VAP)	119.52Cr	170.36Cr	-	-	-
Fishmeal, Oil and Feed	165.94Cr	243.35Cr	348.87Cr	273.05Cr	260.42Cr
Services	-	-	78Cr	89Cr	92Cr
Eliminations	-223.28Cr	-308.13Cr	-1.19TCr	-1.32TCr	-1.3TCr

See all business segments

Geographical breakdown of sales: Bakkafrost

Fiscal Period: December	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)	2025 (DKK)
Western Europe	348.4Cr	486.17Cr	489.18Cr	472.4Cr	392.25Cr
North America	101.78Cr	129.36Cr	135.83Cr	141.25Cr	166.01Cr
Asia	60Cr	66Cr	64Cr	94Cr	107.22Cr
Eastern Europe	45Cr	26Cr	22Cr	23Cr	28Cr
Rest of The World	18.66L	4.95Cr	3.16Cr	1.84Cr	7.06Cr

See all geographic segments

Executive Committee: Bakkafrost

Manager	Title	Age	Since
Jóhan Regin Jacobsen CEO	Chief Executive Officer	60	01/01/1989
Høgni Jakobsen DFI	Director of Finance/CFO	54	01/04/2019
Kristian Eli Zachariasen CTO	Chief Tech/Sci/R&D Officer	52	01/01/2014
David Chinchar AUD	Comptroller/Controller/Auditor	-	-
Donna Wolk AUD	Comptroller/Controller/Auditor	-	-

See BAKKAFROST governance

Composition of the Board of Directors: Bakkafrost

Director	Title	Age	Since
Rúni M. Hansen CHM	Chairman	59	15/12/2009
Annika Frederiksberg BRD	Director/Board Member	55	19/02/2008
Teitur Samuelsen BRD	Director/Board Member	54	01/01/2016
Einar Wathne BRD	Director/Board Member	65	01/01/2019
Guorio Højgaard BRD	Director/Board Member	54	01/01/2022

Composition of the Board of Directors

Shareholders: Bakkafrost

Name	Stocks	%	Valuation
Jóhan Regin Jacobsen 7.841 %	46,56,979	7.841 %	189 M kr
Oddvor Jacobsen 7.736 %	45,94,437	7.736 %	187 M kr
DNB Asset Management AS 5.283 %	31,37,509	5.283 %	128 M kr
Sprucegrove Investment Management Ltd. 5.025 %	29,84,520	5.025 %	121 M kr
Nordea Funds Ltd. 5.002 %	29,70,523	5.002 %	121 M kr

List of BAKKAFROST shareholders

Holdings: Bakkafrost

Name	Stocks	%	Valuation
BAKKAFROST 0.12%	69,306	0.12%	3 M $

Company details: Bakkafrost

Bakkafrost P/F

Bakkavegur 9

625, Glyvrar

+298 40 50 00

http://www.bakkafrost.com

Aquaculture

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
BAKKAFROST	-0.23%	-1.83%	+3.28%	-24.94%	272.35Cr
EMPRESAS AQUACHILE S.A.	0.00%	0.00%	0.00%	0.00%	104.37Cr
RUSSIAN AQUACULTURE	+1.88%	-.--%	-.--%	-.--%	55Cr
AKVA GROUP ASA	-0.78%	+1.59%	+42.54%	+107.12%	49Cr
MÅSØVAL	0.00%	+0.27%	+83.01%	+24.42%	48Cr
SHANDONG HOMEY AQUATIC DEVELOPMENT CO.,LTD.	-2.34%	-3.24%	-13.64%	-17.06%	45Cr
MULTIEXPORT FOODS S.A.	0.00%	-4.93%	+17.68%	+43.62%	44Cr
SALMONES CAMANCHACA S.A.	0.00%	-0.96%	+75.05%	+55.23%	40Cr
ANDFJORD SALMON	-0.67%	+2.78%	-4.52%	-21.90%	37Cr
GRIEG SEAFOOD ASA	+1.66%	+2.48%	-57.05%	-57.50%	36Cr
Average	-0.05%	+0.77%	+14.63%	+10.90%	73.17Cr
Weighted average by Cap.	-0.09%	-0.04%	+10.86%	+0.12%