Norcod AS (OSL:NCOD)

Norway flag Norway · Delayed Price · Currency is NOK
10.70
-0.70 (-6.14%)
May 13, 2026, 3:15 PM CET
Market Cap752.51M -20.4%
Revenue (ttm)444.37M +11.9%
Net Income-227.46M
EPSn/a
Shares Out70.33M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume4,602
Average Volume7,866
Open10.55
Previous Close11.40
Day's Range10.30 - 11.40
52-Week Range9.00 - 18.80
Beta0.64
RSI51.72
Earnings DateMay 28, 2026

About Norcod AS

Norcod AS engages in the farming, production, operation, distribution, marketing, and sale of farmed cod products in Norway and internationally. The company was incorporated in 2018 and is headquartered in Trondheim, Norway. [Read more]

Industry Farm Products
Founded 2018
Employees 86
Stock Exchange Oslo Børs
Ticker Symbol NCOD
Full Company Profile

Financial Performance

In 2025, Norcod AS's revenue was 444.37 million, an increase of 11.88% compared to the previous year's 397.18 million. Losses were -227.46 million, -3.21% less than in 2024.

Financial Statements

News

Norcod AS Earnings Call Transcript: Q4 2025

Q4 revenue rose 12% year-over-year to NOK 123 million, but extraordinary mortality led to a NOK 47 million operating loss. EBIT margin improved, sales prices surged 35%, and liquidity strengthened after a major investment. Strong market demand and operational scaling support a positive outlook.

2 months ago - Transcripts

Norcod AS Earnings Call Transcript: Q2 2025

Revenue rose 6% in Q2 despite lower volumes, with EBIT margin and operational losses improving year-over-year. High production costs were offset by strong market demand and higher prices, and preparations for future growth are ahead of schedule.

9 months ago - Transcripts

Norcod AS Earnings Call Transcript: Q4 2024

Q4 saw a 47% revenue increase and a 66% reduction in operating losses, with strong market demand and prices driving a revised growth plan targeting 25,000 tons by 2029. NOK 300 million in new funding is committed, and further price increases are expected in 2025.

1 year ago - Transcripts

Norcod AS Earnings Call Transcript: Q2 2024

Q2 saw a 120% revenue increase and a 34% reduction in operating loss, driven by higher harvests and efficiency gains. The company is on track for 8,500–9,000 tons in 2024, with break-even expected in 12–18 months and strong market demand supporting premium positioning.

1 year ago - Transcripts