Bakkafrost P/F

Market: Oslo Symbol: BAKKA ISIN: FO0000000179 Industry: Packaged Foods & Meats

Company presentation

Bakkafrost is the leading producer of top quality salmon from the Faroe Islands. We offer a wide range of healthy and nutritious salmon products from our own facilities. The cool and steady sea temperatures of the North Atlantic Current in the Faroe Islands provides perfect conditions for raising healthy and robust Atlantic salmon. Bakkafrost is one of the world's most vertically integrated salmon farming companies. Bakkafrost controls all aspects of production - from feed to finished value added products. This ensures unrivalled traceability and consistent high quality. Our longstanding experiences in the seafood industry and our focus on providing our customers with top quality salmon products has made Bakkafrost well reputed as a reliable and responsible partner. We are committed to maintaining the highest standards in relation to fish welfare, sustainability and sound stewardship of the environment. We are dedicated to providing consumers worldwide with top quality tasty and nutritious salmon products.

Currency NOK
Previous Close 742.00
Change (%) 0.27
Volume 45,326
Number of Shares (mil) 59.23
Market Cap (mil) 43,946.88

Key figures

DKK 1,000 2020 2021 2022
Operating revenues  4,651,892 5,553,849 7,129,967
Operational EBIT *  621,158 821,194 1,705,165
EBIT  691,123 1,144,685 1,826,153
EBT  625,984 1,137,662 1,690,335
Net earnings  462,845 964,036 1,344,330
Earnings per share before fair value adjustment of biomass and provision for onerous contracts (DKK)  6.20 10.28 19.02
Earnings per share after fair value adjustment of biomass and provision for onerous contracts (DKK)  7.83 16.32 22.75
Total non-current assets  9,224,680 10,059,184 11,164,639
Total current assets  3,983,644 4,568,984 5,716,933
Total assets  13,208,324 14,628,168 16,881,572
Total equity  8,729,487 9,347,545 10,395,813
Total liabilities  4,478,837 5,280,623 6,485,759
Net interest bearing debt   1,752,751 2,125,811 2,663,686
Equity share (%)  66 64 62
* Aligned for fair value adjustments of biomass, onerous contracts provision, income from associates and other non-operating related adjustments.

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