SalMar ASA/Nkr SALM

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About SalMar ASA

SalMar ASA is a prominent company in the aquaculture industry, with its core business focused on the farming and sale of Atlantic salmon. Established in 1991, SalMar has been involved in the entire value chain from broodstock and smolt production to processing and sales. The company is known for its innovative approach to sustainable salmon farming, investing in technology and methods that enhance production efficiency while reducing environmental impact. SalMar operates primarily in Norway, with its headquarters located in Kverva. Its strategic strengths include a vertically integrated business model and a commitment to sustainable practices, which position it well within the competitive landscape of salmon producers.
Ticker
Nkr SALM
Primary listing
XOSL
Employees
3,320
Headquarters
Kverva, Norway

SalMar ASA Metrics

BasicAdvanced
kr 76B
34.65
kr 16.23
0.66
kr 10.00
1.78%

Bulls say / Bears say

SalMar reported a record second-quarter harvest of 81,800 t and operational EBIT of NOK 1.24 billion, leading to a 20,000-tonne increase in full-year 2026 guidance to 350,000 t. (Salmon Business)
In July 2026, SalMar agreed to acquire a 70% stake in Måsøval for NOK 3.4 billion (NOK 39.50 per share), bolstering its smolt production capacity pending regulatory approval. (Salmon Business)
Nordic Credit Rating affirmed a stable outlook for SalMar, citing its projected 2026 harvest of 275,000 t (≈12% of global supply) and limited supply growth supporting salmon prices. (Nordic Credit Rating)
Q2 operational EBIT fell by NOK 276 million quarter-on-quarter due to a NOK 740 million negative impact from lower price achievement and an unfavorable harvest schedule, highlighting exposure to salmon price volatility. (Investing.com)
SalMar entered Q3 with net interest-bearing debt of NOK 19.1 billion and a net debt/EBITDA ratio of 2.6 ×, underscoring elevated financial leverage in a capital-intensive industry. (Investing.com)
Nordic Credit Rating highlighted SalMar’s geographic concentration in central and northern Norway, noting prior biological challenges in 2023–24 that pose localized disease and operational disruption risks. (Nordic Credit Rating)
Data summarised monthly by Lightyear AI. Last updated on 26 Aug 2026.

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