Arnarlax

Iceland Founded: 2009 • Age: 17 yrs Acquired By Salmar
Aquaculture farm operations are conducted in Iceland since 2009.
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About Arnarlax

Arnarlax is a company based in Iceland founded in 2009 by Matthias Garoarsson was acquired by Salmar in February 2019.. The company has 157 employees as of December 31, 2024. Arnarlax offers products and services including Salmon and Sustainability Services.

  • Headquarter Iceland
  • Employees 157 as on 31 Dec, 2024
  • Founders Matthias Garoarsson
  • Stage Public
  • Sectors
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Icelandic Salmon As
Operational Areas
Agriculture → Aquaculture & Fisheries
Key Metrics
  • Annual Revenue
    $103.93 M (USD)
    -37.34
    as on Dec 31, 2024
  • Net Profit
    $-3.16 M (USD)
    -136.69
    as on Dec 31, 2024
  • EBITDA
    $4.49 M (USD)
    -83.24
    as on Dec 31, 2024
  • Latest Funding Round
    $150.7 K (USD), Grant

    Nov 01, 2020

  • Investors
    Salmar

    & 1 more

  • Employee Count
    157

    as on Dec 31, 2024

  • Acquired by
    Salmar

    (Feb 14, 2019)

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IPO & Listings of Arnarlax

Arnarlax is a publicly listed company on the OSL with ticker symbol ISLAX in Norway, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: ISLAX . Sector: Process industries · Norway

Products & Services of Arnarlax

Arnarlax offers a comprehensive portfolio of products and services, including Salmon and Sustainability Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Salmon is produced using sustainable methods in Icelandic waters, focusing on quality and environmental responsibility.

Sustainability services are offered through reports and certifications that promote ethical farming practices.

Funding Insights of Arnarlax

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $150,698
  • First Round

    (01 Nov 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2020 Amount Grant - Arnarlax Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Arnarlax

Arnarlax has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Salmar and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Farmed salmon is produced, processed, and distributed internationally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Arnarlax

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Arnarlax

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Arnarlax Comparisons

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Competitors of Arnarlax

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Arnarlax

Frequently Asked Questions about Arnarlax

When was Arnarlax founded?

Arnarlax was founded in 2009 and raised its 1st funding round 11 years after it was founded.

Where is Arnarlax located?

Arnarlax is headquartered in Iceland.

Who is the current CEO of Arnarlax?

Bjorn Hembre is the current CEO of Arnarlax.

How many employees does Arnarlax have?

As of Dec 31, 2024, the latest employee count at Arnarlax is 157.

What is the annual revenue of Arnarlax?

Annual revenue of Arnarlax is $103.93M as on Dec 31, 2024.

What does Arnarlax do?

Arnarlax was established in 2009 in Iceland as an operator of aquaculture farms. Fish farming activities are managed in the aquaculture sector, with operations centered on sustainable production methods. The company is led by founder Matthias Garðarsson and CEO Bjorn Hembre. Geographic focus remains on Icelandic waters, supporting regional seafood cultivation and related services.

What products or services does Arnarlax offer?

Arnarlax offers Salmon and Sustainability Services.

Is Arnarlax publicly traded?

Yes, Arnarlax is publicly traded on OSL under the ticker symbol ISLAX.

Who are Arnarlax's investors?

Arnarlax has 2 investors. Key investors include Salmar, and European Union.

What is Arnarlax's ticker symbol?

The ticker symbol of Arnarlax is ISLAX on OSL.

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