Vertically integrated Atlantic salmon company headquartered in Bergen, Norway. Founded in 2003 by three Norwegian fishing families — now one of Norway's leading salmon producers.
Founded in 2003 by three Norwegian fishing families, NordHav has grown from 3 licenses into one of Norway's leading vertically integrated salmon producers.
Privately held. Board of 5 members including 2 independents.
From 3 sea-water licenses to one of Norway's leading vertically integrated salmon producers.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | NOK 3,650 M | NOK 3,890 M | NOK 4,210 M |
| EBITDA | NOK 1,020 M | NOK 1,140 M | NOK 1,260 M |
| EBITDA Margin | 27.9% | 29.3% | 29.9% |
| Net Profit | NOK 590 M | NOK 675 M | NOK 745 M |
| Total Assets | NOK 5,800 M | NOK 6,200 M | NOK 6,650 M |
| Equity | NOK 3,200 M | NOK 3,600 M | NOK 4,050 M |
| Net Debt | NOK 1,100 M | NOK 950 M | NOK 820 M |
| CAPEX | NOK 480 M | NOK 420 M | NOK 510 M |
| Employees (FTE) | 760 | 790 | 820 |
Values in NOK millions
Values in NOK millions
Total budget envelope: NOK 80–120 million covering software licensing, implementation services, change management, training, and internal resources. This is NordHav's highest-priority strategic initiative for 2026–2028.
NordHav operates the full lifecycle from smolt to shelf — every stage is in scope for ERP coverage.
Eyed eggs from AquaGen/SalmoBreed. Annual forecasting 18–24 months ahead. Genetic traceability.
3 RAS/flow-through facilities. 20M smolt/year. Vaccination, grading, smoltification. Post-smolt to 500g.
28 licenses, 22 active sites. Feed mgmt, lice control, biomass estimation. 12–20 month grow-out.
Well-boat logistics, welfare protocols. 4–36 hr transport. 52,000 tonnes GWE annually.
Austevoll plant: 180t/day primary, 60t/day VAP. ~165 SKUs. HOG, fillets, smoked, portions.
~350 customers globally. Contract & spot sales. Cold chain logistics. Multi-currency.
Interactive map showing NordHav's facilities, sea sites, and logistics routes along the Norwegian coast and international sales offices.
| Role | Name | Responsibility |
|---|---|---|
| CEO | Marianne Dahl | Overall strategy, stakeholder relations |
| CFO | Andreas Myrvold | Finance, treasury, investor relations, insurance |
| COO | Tor Helge Bakken | All farming and processing operations |
| CCO | Silje Nordström | Sales, marketing, market development |
| CTO | Lars Erik Henriksen | IT, digital transformation, data & analytics |
| VP Farming South | Eirik Austevoll | Hordaland & Sogn og Fjordane farming |
| VP Farming North | Ragnhild Sæther | Møre og Romsdal & Nordland farming |
| VP Processing | Knut Arne Berge | Primary processing and VAP |
| VP Biology | Dr. Marit Skjold | Fish health, veterinary, biology, R&D |
| VP Supply Chain | Henrik Lunde | Procurement, logistics, warehouse |
| VP Quality | Tone Halvorsen | QMS, certifications, sustainability, HSE |
| VP HR | Camilla Strand | HR, payroll, organizational development |
| Location | Type | Region | Headcount | Key Function |
|---|---|---|---|---|
| Bergen HQ | Office | Vestland | 85 | Management, Finance, IT, Sales, HR, QA |
| Masfjorden RAS | Smolt + Post-smolt | Vestland | 45 | 12M smolt/yr, post-smolt grow-out (500g) |
| Kvam (Hardanger) RAS | Smolt | Vestland | 28 | 8M smolt/yr |
| Halsa Smolt | Flow-through / RAS | Møre og Romsdal | 22 | 5M smolt/yr (RAS upgrade planned 2028) |
| Hordaland Sea Sites | Marine farming (8 lic.) | Vestland | 90 | MAB 12,480t |
| Sogn og Fjordane Sea Sites | Marine farming (6 lic.) | Vestland | 75 | MAB 9,360t |
| Møre og Romsdal Sea Sites | Marine farming (8 lic.) | Møre og Romsdal | 80 | MAB 12,480t — most productive region |
| Nordland Sea Sites | Marine farming (6 lic.) | Nordland | 55 | MAB 9,360t — lowest lice pressure |
| Austevoll Processing | Processing + VAP | Vestland | 260 (peak 340) | 180t/day primary, 60t/day VAP |
| Oslo Sales Office | Commercial | Oslo | 8 | Key retail/foodservice accounts |
| Boston Sales Office 🇺🇸 | Commercial (subsidiary) | Massachusetts, USA | 5 | NordHav USA Inc. — North American market development |
| Rotterdam Sales Office 🇳🇱 | Commercial (subsidiary) | South Holland, NL | 6 | NordHav Nederland B.V. — EU distribution & key accounts |
12+ disconnected systems with limited integration. Manual reconciliation, fragmented data, and 3–5 day month-end close for biomass valuation.
Norway produces ~50% of the world's farmed Atlantic salmon. A heavily regulated, technology-intensive industry generating NOK 120B+ in annual exports.
Month 0–2. Eggs stripped, fertilized, incubated at controlled temp.
Month 2–6. Alevins absorb yolk sac → fry at first-feeding.
Month 6–12. Grading, vaccination. RAS can accelerate to 10–12 months.
Month 12–20. Land-based grow-out to 200–500g before sea transfer.
Month 16–36. Net pens, feed mgmt, lice control to 4–6 kg harvest weight.
Starve 48–72h, well-boat transport, humane slaughter at processing plant.
See how Dynamics 365 F&O + AquaMonitor addresses NordHav's 441 requirements.