NORCOD AS

Operating

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.

Produksjon av matfisk og skalldyr i hav- og kystbasert fiskeoppdrett.

Keywords

productionaquatic organismsseacoastslaughter

Organization

CEO: CR
Christian Riber1982
Chairman of the board: RL
Renate Larsen1975
Years since formation: 8 years; since Oct 17, 2018
Type: Limited company
VAT registered: Yes
Number of employees: 67

Ownership

Number of shares and share classes: 43,803,164; 1 share class
Total number of shareholders: 668; 71 companies, 597 persons
Belongs to group of

Financials

Total operating income 2025: 431,794,853; NOK
Annual total result 2025: -220,955,871; NOK

Last update: Aug 12, 2026

Management

Management / administration

Name	Role	Shares
CR Christian Riber 1982	Managing Director/CEO	-

Board

Name	Role	Shares
RL Renate Larsen 1975	Chairman	-
AM Antonio Manuel Soares Serrano 1965	Board Member	-
HD Hege Dahl 1975	Board Member	-
TL Trine Lotherington Danielsen 1967	Board Member	-
JS Jan Severin Sølbæk 1966	Board Member	-
BR Boe Romorus Spurre 1969	Board Member	-
PA Paul Allan Jewer 1972	Board Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
K KL ØKONOMI OG HR AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
RH Roger Halsebakk 1965	-	1.85 % indirectly

Last update: Mar 26, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
NA Norcod As Artha	NO0010892912	12,665,713	28.92 %
AN Artha Norcod Vii As	NO0010892912	6,333,333	14.46 %
IS Investor Services Trust Rbc	NO0010892912	4,412,000	10.07 %
S SIRENA GROUP AS	NO0010892912	4,189,374	9.56 %
TB The Bank Of New York Mellon Sa/Nv	NO0010892912	3,061,345	6.99 %
R RONJA CAPITAL INVESTMENT AS	NO0010892912	1,725,452	3.94 %
TB The Bank Of New York Mellon Sa/Nv	NO0010892912	1,625,250	3.71 %
BA Bank As Danske	NO0010892912	1,580,856	3.61 %
BA Bank Ab Nordnet	NO0010892912	1,136,463	2.59 %
SA Switzerland Ag Ubs	NO0010892912	1,023,626	2.34 %
BA Bank Abp Nordea	NO0010892912	807,229	1.84 %
IA Invest As Kinondo	NO0010892912	686,578	1.57 %
CB Chase Bank Na London Jpmorgan	NO0010892912	459,723	1.05 %
JH Jan Heggelund 1959	NO0010892912	394,953	0.9 %
G GH HOLDING AS	NO0010892912	386,995	0.88 %
T TIAN HOLDING AS	NO0010892912	340,430	0.78 %
BA Bank As Saxo	NO0010892912	310,407	0.71 %
J JAKOB HATTELAND HOLDING AS	NO0010892912	300,000	0.68 %
SA Switzerland Ag Ubs	NO0010892912	273,681	0.62 %
SA Switzerland Ag Ubs	NO0010892912	226,172	0.52 %
S SØR-KRÅKØY INVEST AS	NO0010892912	156,402	0.36 %
SB Street Bank And Trust Comp State	NO0010892912	107,666	0.25 %
H HJELKREM INVEST AS	NO0010892912	102,000	0.23 %
S SHIPS HOLDING AS	NO0010892912	94,485	0.22 %
P PURKHOLMEN INVEST AS	NO0010892912	80,807	0.18 %
L LINDVARD INVEST AS	NO0010892912	74,055	0.17 %
BA Bank As Danske	NO0010892912	74,016	0.17 %
BP Bank Pictet Cie Europe Ag	NO0010892912	73,260	0.17 %
H HAUTO AS	NO0010892912	61,919	0.14 %
EB Enskilda Banken Ab Skandinaviska	NO0010892912	58,344	0.13 %
SS Svein Swift Gravdahl 1948	NO0010892912	48,434	0.11 %
S SKAJEM HOLDING AS	NO0010892912	48,245	0.11 %
BP Bank Pictet Cie Europe Ag	NO0010892912	41,000	0.09 %
B BYPASS CONSULTING AS	NO0010892912	41,000	0.09 %
N NORCOD AS	NO0010892912	38,800	0.09 %
Z ZICO AS	NO0010892912	36,704	0.08 %
TB The Bank Of New York Mellon	NO0010892912	30,551	0.07 %
FE Fredrik Eide 1986	NO0010892912	27,177	0.06 %
JR Jørn Reiner 1966	NO0010892912	20,979	0.05 %
HS Hugo Skår 1967	NO0010892912	20,000	0.05 %
BA Bank As Danske	NO0010892912	19,225	0.04 %
AC Aktiengesellschaft Commerzbank	NO0010892912	19,116	0.04 %
N NORDNET LIVSFORSIKRING AS	NO0010892912	18,098	0.04 %
JØ Jens Øystein Eide 1956	NO0010892912	17,013	0.04 %
H H5 VEKST AS	NO0010892912	16,999	0.04 %
TS Trond Skjelle 1970	NO0010892912	15,277	0.03 %
CB Clearstream Banking S.a.	NO0010892912	15,007	0.03 %
R RISTORA AS	NO0010892912	14,000	0.03 %
O ODD BERG AS	NO0010892912	13,500	0.03 %
F FUTURUM UTVIKLING AS	NO0010892912	12,750	0.03 %
SE Sigurd Emil Strand 1997	NO0010892912	12,213	0.03 %
MG Mcas Gmbh	NO0010892912	12,035	0.03 %
C COMMITAS AS	NO0010892912	11,365	0.03 %
ST Stig Tore Ervik 1960	NO0010892912	10,000	0.02 %
OS Olav Skjelle 1944	NO0010892912	10,000	0.02 %
MD Martin Dagfinn Madsen 1959	NO0010892912	10,000	0.02 %
M MTB EIENDOMSUTVIKLING AS	NO0010892912	9,245	0.02 %
M MCE HOLDING AS	NO0010892912	9,039	0.02 %
KJ Kjell Joralf Røsdal 1949	NO0010892912	8,981	0.02 %
SB Street Bank And Trust Comp State	NO0010892912	8,952	0.02 %
K KATOMETO HOLDING AS	NO0010892912	8,700	0.02 %
EB Enskilda Banken Ab Skandinaviska	NO0010892912	8,353	0.02 %
BA Bank Aktiengesellschaft Deutsche	NO0010892912	8,009	0.02 %
RV Rolandas Vosylius 1987	NO0010892912	8,000	0.02 %
BA Bank Ab Avanza	NO0010892912	7,424	0.02 %
T TASI AS	NO0010892912	7,000	0.02 %
RF Reidar Fredriksen Truls 1963	NO0010892912	6,820	0.02 %
SH Stig Håvard Ulvnes 1971	NO0010892912	6,630	0.02 %
PB Paribas Bnp	NO0010892912	6,517	< 0.01 %
NC Na Citibank	NO0010892912	6,340	< 0.01 %
SC Ståle Christian Ofte 1977	NO0010892912	6,000	< 0.01 %
V VIER HOLDING AS	NO0010892912	6,000	< 0.01 %
J JS-INVEST & EIENDOM AS	NO0010892912	6,000	< 0.01 %
JG Jarle Giske Hans 1964	NO0010892912	5,870	< 0.01 %
I IMVEST AS	NO0010892912	5,600	< 0.01 %
RJ Rune Jensen Falch 1972	NO0010892912	5,000	< 0.01 %
PA Per Arvid Nødset 1949	NO0010892912	5,000	< 0.01 %
JP Johan Petter Tøndel 1973	NO0010892912	4,730	< 0.01 %
MA Merete Aaserud 1964	NO0010892912	4,500	< 0.01 %
ET Elizabeth Tina Gravdahl 1966	NO0010892912	4,500	< 0.01 %
G GRAVDAHL MOTOR AS	NO0010892912	4,290	< 0.01 %
MC Morten Christoffer Egge 1972	NO0010892912	4,063	< 0.01 %
I ICAM AS	NO0010892912	4,000	< 0.01 %
B BITSCOM AS	NO0010892912	4,000	< 0.01 %
A AMBLE INVESTMENT AS	NO0010892912	4,000	< 0.01 %
SA Sveinung Asbjørn Tubaas 1950	NO0010892912	3,200	< 0.01 %
MS Morgan Stanley & Co. Int. Plc.	NO0010892912	3,007	< 0.01 %
N NORSK LUT AS	NO0010892912	3,000	< 0.01 %
AÅ Anders Åberg 1984	NO0010892912	3,000	< 0.01 %
TW Thor Wilhelm Faye-Hansen 1950	NO0010892912	3,000	< 0.01 %
VK Vidar Kristoffersen 1961	NO0010892912	3,000	< 0.01 %
S SKAATHUN INVEST AS	NO0010892912	2,989	< 0.01 %
MS Mathias Stabel Tvedt 1978	NO0010892912	2,800	< 0.01 %
AØ Alexander Øyan Johansen 1988	NO0010892912	2,761	< 0.01 %
K KARIOLA INVEST AS	NO0010892912	2,750	< 0.01 %
T TØFTUM INVEST AS	NO0010892912	2,710	< 0.01 %
S SANNAS CONSULTING AS	NO0010892912	2,578	< 0.01 %
B BEINE AS	NO0010892912	2,570	< 0.01 %
JT John Trygve Lien 1962	NO0010892912	2,500	< 0.01 %
OA Ole Andreas Haugen 1964	NO0010892912	2,500	< 0.01 %

Shares owned by the NORCOD AS

Name	Share class	Total number of shares	Share
K KRÅKØY NORCOD EIENDOM AS	Ordinary shares	2,000	100 %
N NORCOD EQUIPMENT AS	Ordinary shares	3,000,000	100 %
K KRÅKØY SLAKTERI AS	Ordinary shares	2,000	100 %
N NORCOD AS	NO0010892912	38,800	0.09 %

Last update: Jun 2, 2025

Group structure

NORCOD AS
Total operating income 2025: NOK 431,794,853
Operating profit 2025: NOK -200,778,215
Employees: 67

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	431,794,853	381,976,883	249,154,813	170,541,000	72,633,471
Annual Total Result	-220,955,871	-225,820,943	-253,960,378	-299,496,000	-35,754,271
Total assets	0	514,281,714	524,369,881	507,782,000	540,150,977
Total liabilities	0	355,781,768	306,337,494	330,097,000	206,301,328
Total equity	0	158,499,946	218,032,386	177,685,000	333,849,649

P&L

Year	2025	2024	2023	2022	2021
Total operating income	431,794,853	381,976,883	249,154,813	170,541,000	72,633,471
Total operating costs	632,573,068	588,211,590	461,559,685	451,938,000	109,406,621
Operating result	-200,778,215	-206,234,707	-212,404,872	-281,397,000	-36,773,150
Financial income/costs	-20,310,987	-19,761,582	-41,856,307	-18,098,000	-9,340,501
Profit before tax	-221,089,202	-225,996,289	-254,261,179	-299,496,000	-46,113,651
Total tax & extraordinary income/cost	-133,331	-175,346	-300,801	0	-10,359,380
Annual Total Result	-220,955,871	-225,820,943	-253,960,378	-299,496,000	-35,754,271

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	156,174,865	153,727,540	192,418,000	205,448,529
Total current assets	358,106,849	370,642,341	315,364,000	334,702,449
Total assets	514,281,714	524,369,881	507,782,000	540,150,977
Short term debt	325,965,007	272,986,549	305,111,000	106,127,073
Long term debt	29,816,761	33,350,945	24,986,000	100,174,255
Total liabilities	355,781,768	306,337,494	330,097,000	206,301,328
Contributed capital	1,027,024,685	860,736,182	566,428,000	398,879,346
Retained earnings	-868,524,739	-642,703,796	-388,743,000	-65,029,697
Total equity	158,499,946	218,032,386	177,685,000	333,849,649
Total equity and liabilities	514,281,714	524,369,880	507,782,000	540,150,977

Classification

21st company classification

BETA

Industrial large enterprise

NORCOD AS821 489 962

NORCOD AS

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the NORCOD AS

Group structure

Financials

Summary

P&L

Balance overview

Classification