BALLANGEN SJØFARM AS • 884141982 • Ballangen • Fishing and aquaculture

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/ Ocean Aquaculture

/ 03.211 Operation of marine fish farms

BALLANGEN SJØFARM AS

Ballangen Sjøfarm

Keywords

productionaquatic organismsseacoastslaughter

Links

Organization

CEO: ES
Erik Sommerli1961
Chairman of the board: WK
Wiggo Kåre Knutsen1954
Years since formation: 23 years; since Jan 26, 2002
Type: Limited company
VAT registered: Yes
Number of employees: 62

Ownership

Number of shares and share classes: 39,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2025: 368,696,550; NOK
Annual total result 2025: 181,909,018; NOK
Total equity 2025: 405,164,706; NOK

Last update: Jun 10, 2025

Management

Management / administration

Name	Role	Shares
ES Erik Sommerli 1961	Managing Director/CEO	-

Board

Name	Role	Shares
WK Wiggo Kåre Knutsen 1954	Chairman	-
TH Truls Hansen 1973	Board Member	-
JG John Gunnar Glørstad 1981	Board Member	-
TH Tor Harder Johansen 1967	Alternate Member	-
AF Andreas Framvik 1990	Board Member	-
PB Patrick Benjamin Storfjell 1989	Alternate Member	-
KV Kristin Vibeke Hurum 1968	Board Member	-
VL Vibeke Lund 1976	Board Member	-

Others

Name	Role	Shares
H HÅLOGALAND REVISJON AS	Auditor	-

Last update: Jun 24, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
C CERMAQ NORWAY HOLDING AS	Ordinary shares	23,400	60 %
B BALLANGEN UTVIKLING AS	Ordinary shares	15,600	40 %

Shares owned by the BALLANGEN SJØFARM AS

Name	Share class	Total number of shares	Share
K KJELDEBOTN BUTIKKDRIFT AS	Ordinary shares	25	1.94 %
K KORSNESET AS	Ordinary shares	204	1.12 %

Last update: Jun 2, 2025

Group structure

CERMAQ GROUP AS
Total operating income 2024: NOK 145,807,890
Operating profit 2024: NOK -49,951,190
Employees: 40

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	368,696,550	173,289,959	424,572,541	229,724,133
Annual Total Result	181,909,018	16,574,492	127,672,503	77,073,603
Total assets	597,408,418	578,389,157	592,032,072	493,114,625
Total liabilities	192,243,712	319,028,698	284,246,105	263,001,162
Total equity	405,164,706	259,360,459	307,785,967	230,113,464

P&L

Year	2024	2023	2022	2021
Total operating income	368,696,550	173,289,959	424,572,541	229,724,133
Total operating costs	128,676,957	141,878,137	248,974,808	135,983,818
Operating result	240,019,593	31,411,822	175,597,734	93,740,315
Financial income/costs	2,919,147	7,973,996	-10,493,500	4,005,683
Profit before tax	242,938,740	39,385,818	165,104,234	97,745,999
Total tax & extraordinary income/cost	61,029,722	22,811,326	37,431,731	20,672,396
Annual Total Result	181,909,018	16,574,492	127,672,503	77,073,603

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	437,065,777	346,603,028	291,058,477	271,122,677
Total current assets	160,342,642	231,786,128	300,973,595	221,991,948
Total assets	597,408,418	578,389,157	592,032,072	493,114,625
Short term debt	134,405,888	95,171,074	67,265,205	66,987,871
Long term debt	57,837,824	223,857,624	216,980,900	196,013,291
Total liabilities	192,243,712	319,028,698	284,246,105	263,001,162
Contributed capital	7,019,863	7,019,863	7,019,863	7,019,863
Retained earnings	398,144,843	252,340,596	300,766,104	223,093,601
Total equity	405,164,706	259,360,459	307,785,967	230,113,464
Total equity and liabilities	597,408,418	578,389,157	592,032,072	493,114,625

Classification

Category

/ Ocean Aquaculture

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

A

Main industrial area

Agriculture, forestry and fishing

03

Activity

Fishing and aquaculture

03.2

Main industrial group

Aquaculture

03.21

Industrial group

Marine aquaculture

03.211

Industrial group

Operation of marine fish farms