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COMPANY REGISTER PROFILE
821489962 ORG. NO. 2025 ACCOUNTS 12 SECTIONS
Active UPDATED 03.10.2026
Operation of marine fish farms

NORCOD AS

Org. no. 821489962 Limited company (AS) Trondheim Listed NCOD Incorporated 2018 Active
Ownership graph ↗
Revenue 2025 NOK 431.8m
Operating profit NOK −200.8m
Equity NOK 249.5m
Incorporated 2018
Employees 68
Share capital NOK 39.6m

Signals

3 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−200,8 mill kr).
  • Ingen revisor Selskapet har ingen registrert revisor. Vanlig for små AS som har valgt bort revisjon, men verdt å merke seg.
  • Nylig endring 2026-07-15 Aksjekapital registrert 2026-07-15.

NORCOD AS is registered as a limited company in Trondheim, Trøndelag with organisation number 821489962. The business is classified under operation of marine fish farms (NACE 03.211). The company was incorporated in 2018 and has 68 registered employees. Registered share capital is NOK 39.6m, divided into 79263774 shares. The company's stated purpose is: “Produksjon av matfisk, bløtdyr, krepsdyr og pigghuder i hav- og kystbasert aquakultur, samt all annen virksomhet som står i forbindelse med dette, herunder å investere og eie aksjer i andre selskaper.”. The most recent filed accounts, for the 2025 financial year, show NOK 431.8m in revenue and NOK −200.8m in operating profit.

Former names: CODFARMERS AS

Key figures · 2025

Revenue
NOK 431.8m
▲ +13 %
Operating profit
NOK −200.8m
▲ +3 %
Equity
NOK 249.5m
▲ +57 %
Est. value
NOK 340.9m

Financial health · 2025

Liquidity
1.71
Good
Current assets ÷ current liabilities
Profitability
-40.0%
Not satisfactory
Return on total assets
Solidity
51.6%
Very good
Equity as a share of total capital

Who owns NORCOD AS?

EUROCLEAR BANK S.A./N.V. BE
ARTHA NORCOD A/S DK
RBC INVESTOR SERVICES TRUST IE
ARTHA NORCOD VII AS DK
ARTHASCOPE NORCOD VIII A/S DK
THE BANK OF NEW YORK MELLON SA/NV 2 accounts
DANSKE BANK A/S DK
UBS SWITZERLAND AG 3 accounts
NORDNET BANK AB SE
NORDEA BANK ABP DK
KINONDO INVEST APS DK
JPMORGAN CHASE BANK, N.A., LONDON GB
SAXO BANK A/S DK
NORCOD AS
NOK 431.8m rev. · NOK −200.8m profit

NORCOD AS has 20+ registered shareholders:

All shareholders and roles →

Which companies does NORCOD AS own?

NORCOD AS holds stakes in 5 companies:

See the full ownership structure →

Frequently asked questions about NORCOD AS

Who owns NORCOD AS?

EUROCLEAR BANK S.A./N.V. is the largest registered owner, with 18.1%.

What is the revenue of NORCOD AS?

NORCOD AS had revenue of NOK 431.8m in 2025.

Who is the general manager of NORCOD AS?

Christian Riber is registered as general manager of NORCOD AS.

Where is NORCOD AS based?

NORCOD AS has its business address in Trondheim.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 03.10.2026.

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