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F

FIRST SEAFOOD AS914 404 908

Fish production
Limited company
Professor Birkelands vei 30B 1081 OSLO, Norge
Industry and manufacturing
/ Fish production
/ 10.202 Freezing of fish, fish fillets, crustaceans and molluscs

FIRST SEAFOOD AS

Keywords

freezingfish

Organization

CEO
AS

Andreas Sundnes1983

Chairman of the board
AF

Amund Fjørtoft1977

Years since formation
11 years
since Nov 4, 2014
Type
Limited company
VAT registered
Yes
Number of employees
159

Ownership

Number of shares and share classes
5,000,000
1 share class
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2024
1,706,869,597
NOK
Annual total result 2024
20,859,816
NOK
Total equity 2024
90,649,722
NOK
Last update: Sep 13, 2025

Management

Management / administration

NameRoleShares
AS

Andreas Sundnes

1983

Managing Director/CEO
9.9 %
indirectly

Board

NameRoleShares
AF

Amund Fjørtoft

1977

Chairman-
TP

Thomas Peter Vaale Ljungqvist

1979

Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
B
BDO AS
Accountant-

Top 10 individual shareholders

NameRoleShares
AS

Andreas Sundnes

1983

Managing Director/CEO
9.9 %
indirectly
Last update: Jun 28, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
I
INSULA AS
Ordinary shares
4,505,000
90.1 %
B
BORGARØY INVEST AS
Ordinary shares
495,000
9.9 %

Shares owned by the FIRST SEAFOOD AS

NameShare classTotal number of sharesShare
A
ACRI AS
Ordinary shares
100
100 %
W
WATERLINE AS
Ordinary shares
33,400
25.04 %
Last update: Jun 2, 2025

Group structure

  • KVARV AS
    Total operating income 2024: NOK 512,000
    Operating profit 2024: NOK -46,202,000
    Employees: 6

Financials

in NOK

Summary

Year2024202320222021
Total operating income
1,706,869,597
1,156,566,502
555,808,929
248,640,012
Annual Total Result
20,859,816
1,752,434
-962,725
7,234,727
Total assets
558,525,580
335,399,689
272,994,884
111,658,630
Total liabilities
467,875,858
265,609,783
224,957,413
79,658,248
Total equity
90,649,722
69,789,905
48,037,471
32,000,383

P&L

Year2024202320222021
Total operating income
1,706,869,597
1,156,566,502
555,808,929
248,640,012
Total operating costs
1,657,706,553
1,140,000,700
554,215,610
239,528,323
Operating result
49,163,044
16,565,802
1,593,319
9,111,689
Financial income/costs
-22,789,601
-14,323,656
-2,795,660
4,388
Profit before tax
26,373,442
2,242,146
-1,202,341
9,116,077
Total tax & extraordinary income/cost
5,513,626
489,712
-239,616
1,881,350
Annual Total Result
20,859,816
1,752,434
-962,725
7,234,727

Balance overview

Year2024202320222021
Total fixed assets
191,496,990
106,732,943
93,585,816
21,216,927
Total current assets
367,028,590
228,666,746
179,409,067
90,441,703
Total assets
558,525,580
335,399,689
272,994,884
111,658,630
Short term debt
344,003,643
202,860,696
169,080,298
62,476,262
Long term debt
123,872,216
62,749,087
55,877,115
17,181,985
Total liabilities
467,875,858
265,609,783
224,957,413
79,658,248
Contributed capital
77,898,081
59,741,827
38,173,375
21,173,562
Retained earnings
12,751,641
10,048,078
9,864,096
10,826,821
Total equity
90,649,722
69,789,905
48,037,471
32,000,383
Total equity and liabilities
558,525,580
335,399,688
272,994,884
111,658,630

Classification

Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
C
Main industrial area
Manufacturing
10
Activity
Manufacture of food products
10.2
Main industrial group
Processing and preserving of fish, crustaceans and molluscs
10.20
Industrial group
Processing and preserving of fish, crustaceans and molluscs
10.202
Industrial group
Freezing of fish, fish fillets, crustaceans and molluscs