2020 Annual Report

 

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Notice and proxy form
Notice and proxy form regarding the Annual General Meeting of Norcod AS
DOWNLOAD Notice and proxy form
The time is now

 

As the world hungers for fresh cod, wild stocks are strained, and fishing quotas cut. Prices spike while supplies are unstable. But it doesn’t need to be this way.

Introducing the world’s first large-scale cultivation of high-quality Atlantic Cod. Respectfully farmed, carefully packed, and timely delivered.

Norcod is listed on Euronext Growth on Oslo Stock Exchange.

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Norcod is proud to announce that our Q4 report is out. The report details how Norcod is in a strong position to start commercial sales this summer, having seen exceptional biological performance and received positive market feedback. We continue to be on track to meet our goal of becoming a leading and highly sustainable cod farming company.

 

 

DOWNLOAD Q3 2020 REPORT DOWNLOAD Q4 2020 REPORT
DOWNLOAD Q1 2021 REPORT DOWNLOAD Q2 2021 REPORT
Settling new aquatic territories

 

For the very first time, premium quality Cod can now be produced successfully on a large scale.

Our commercial breakthrough arrives in a time where the market is increasingly demanding stable deliveries of fresh cod. Meanwhile, the wild fish population is under pressure, leading to smaller fishing quotas and growing prices.

All agreements and permits are in place. And so are our production capabilities from fry to harvesting, processing, and distribution. We have a highly stable production that’s been in development since 2002.

These factors place Norcod in a truly unique position.

Robust price environment on the back of a high demand for Atlantic Cod
Large steps have been taken in biology > commercially farmed cod is viable
Norcod has superior quality and freshness
Ability to deliver through the year (as opposed to wild cod), ensures premium prices
Oceans of opportunity

 

Current license capacity to reach a run-rate harvest profile of 6,000 tons within 2021
Firm plans and applications have been mapped out to reach 24,500 tons
Exclusive agreements for critical input factors
Solid off-take agreement with Sirena Group secures transparent sales strategy
Board of Directors

Jan Severin Sølbæk
COB
– CEO, Artha Holding A/S
– Comprehensive Executive Board experience
– Proven M&A track record
– Extensive start-up experience
– Banking background

Renate Larsen
Board member
– 6 years experience as CEO at Norwegian Seafood Council
– Previous experience as CFO at Lerøy Aurora

Trine Danielsen
Board member
– CCO at Blue Planet Academy A/S
– Previous experience as State secretary in Norway’s Ministry of Trade, Industry and Fisheries

Peter Buhl
Board member
– 35 years as co-founder and president of Sirena Group
– Co-founder of Whitecap International Seafood Exporters

Anders Bjerno
Board member
– Present COB Codinvest ApS and Bjerno Holding ApS
– Former CEO and later COB in Chr. Jensen Shipping Group
– Former COB in Hotel Property Group

Management group

Christian Riber
CEO
T. +47 905 37 990
E. cr@norcod.no

Hilde R. Storhaug
CSO
T. +47 958 66 964
E. hs@norcod.no

Kia Zadegan
CFO
T. +47 915 85 801
E. kz@norcod.no
Tsjipke Deuzeman
Production Director
T. +47 977 83 336
E. td@norcod.no

Julianne Jacobsen
Fish Health Manager
T. +47 950 87 617
E. jj@norcod.no

Stine Vinje
Quality Manager HR & HSE
T. +47 415 20 102
E. sv@norcod.no

June Jakobsen
Quality Coordinator
T. +47 416 216 53
E. june.j.norcod.no
Mikael Fjeld Wold
Biological Controller
T. +47 454 61 594
E. mfw.norcod.no
Partners

 

Norcod has formed strong partnerships with industry leaders across all key areas of the company’s supply chain. Major partners include Sirena Group (Distribution and Sales), Havlandet Marin Yngel (Broodstock), Aller Aqua (Feed), and Nofima (Research & Development).

Investor relations

 

Please use the contact form for any inquiries regarding Norcod Investor Relations. A member of our team will respond to your message as soon as possible.

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