About Norcod
Norcod is a company based in Trondheim (Norway) founded in 2019. The company has 86 employees. Norcod has completed 1 acquisition, including Krakoy Slakteri. Norcod offers products and services including Snow Cod and Sustainability Services.
- Headquarter Trondheim, Norway
- Employees 86
- Stage Public
- SectorsAgriculture
- Website norcod.com
- Social LinkedIn
- Legal Name Norcod As
- Annual Revenue$44.09 M (USD)11.88as on Dec 31, 2025
- Net Profit-$23.35 M (USD)-0.13as on Dec 31, 2025
- EBITDA-$16.03 M (USD)4.28as on Dec 31, 2025
- Latest Funding Round$15.5M (USD), Post-IPO
Nov 2025
- InvestorsDun & Bradstreet
& 2 more
- Employee Count86
- Investments & Acquisitions
Products & Services of Norcod
Norcod offers a comprehensive portfolio of products and services, including Snow Cod and Sustainability Services.
Atlantic Cod is farmed sustainably in Norwegian fjords and delivered for various uses.
Sustainability efforts are provided by Norcod to support ocean resource management.
Funding Insights of Norcod
- Total Rounds 4
- Last Round Post-IPO — $15.5M
- First Round $7.1M
(Nov 2022)
- Investors Count 3
All 4 funding rounds of Norcod with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $15.5M | Post-IPO | – | – | |
| Feb 2024 | $16.07M | Post-IPO | – | – | |
| Jun 2023 | $4.6M | Grant | – | – | – |
| Nov 2022 | $7.1M | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in Norcod
Norcod has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Dun & Bradstreet, High Liner Foods and Jeronimo Martins.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial analysis and risk assessment solutions are provided to businesses. | 1841 | dnb.com | Jacksonville, United States | |
Frozen seafood products are sourced, processed, and distributed globally. | 1899 | highlinerfoods.com | Mahone Bay, Canada | |
Food distribution company | – | jeronimomartins.com | - |
Investor details for Norcod
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People of Norcod
1 people are tracked at Norcod (1 in leadership); the tracked headcount is 86.
| Name | Role | Group |
|---|---|---|
Christian Riber | CEO | Leadership |
Complete people profiles for Norcod
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IPO & Listings of Norcod
Norcod is a publicly listed company on the OSL with ticker symbol NCOD 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.
- IPO date07 May 2021
- Listed onFRA: NO9
- Listed entityNorcod AS
- Exchange sectorProcess industries
- ISINNO0010892912
- Share price13.30 NOK (+0.76% on the day) · 2026-10-09
- Market capitalisation1,045,769,663.00 NOK
- EPS (diluted, trailing year)-2.75 NOK
- Volume (last session)8,086
Financials of Norcod
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 444.4M NOK | -235.3M NOK | -161.6M NOK |
| 2024 | 397.2M NOK | -235.0M NOK | -168.8M NOK |
| 2023 | 269.4M NOK | -246.2M NOK | -194.2M NOK |
| 2022 | 170.5M NOK | -297.2M NOK | -107.0M NOK |
| 2021 | 72.6M NOK | -75.2M NOK | -39.2M NOK |
Detailed financial statements for Norcod
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Norcod
Norcod has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Krakoy Slakteri.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Retailer of fishes, salmons, and seafood | krakoy.no | Afjord, Norway | 1973 | Jun 2023 | •••• |
Complete acquisition details for Norcod
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Timeline of Norcod
5 dated milestones of Norcod across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Norcod is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $7.1M.
- Acquisition Acquires Krakoy Slakteri.
- Funding Latest funding round, Post-IPO, of $15.5M.
Latest news on Norcod
Complete news archive for Norcod
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Similar companies to Norcod
10 companies that operate in the same segment as Norcod (Aquaculture Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bulk liquid chemicals are transported and stored by the conglomerate. | 1959 | London, England, United Kingdom | – | USD 2.85 B | – | |
Halibut products are produced and supplied by Nordic Halibut. | 1995 | Norway | – | USD 8.37 M | 57 | |
Seafood products are produced and supplied globally. | 1992 | Bergen, Vestland, Norway | – | USD 366.1 M | 753 | |
Seafood is procured and supplied by Nekkanti Sea Foods. | 1983 | Visakhapatnam, Andhra Pradesh, India | USD 37.5 M | USD 149.62 M | 1,072 | |
Seafood products are produced and supplied from Norway. | 1918 | Afjord, Trøndelag, Norway | USD 74.97 M | USD 42.3 M | 28 | |
Producer of salmon fish | 2012 | Bergen, Vestland, Norway | – | USD 6.61 B | 14,100 | |
Sanford is engaged in sustainable seafood production and distribution. | 1881 | Auckland, New Zealand | – | USD 338.55 M | – | |
Seafood products are produced and supplied by Måsøval. | 1972 | – | – | USD 233.15 M | 339 | |
Delivers comprehensive solutions for agriculture and aquaculture development to farmers. | 2018 | Thane, Maharashtra, India | – | USD 6.02 M | 291 | |
Provider of sustainable aquaculture on land, aiming to establish a fish farm for atlantic salmon. | 2023 | Vestmannaeyjar, Iceland | USD 187.16 M | – | – |
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Frequently Asked Questions about Norcod
Norcod was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Norcod is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
Christian Riber is the current CEO of Norcod.
Norcod has 86 employees.
Annual revenue of Norcod is $44.09M as on Dec 31, 2025.
Norcod was established in 2019 in Trondheim, Norway, within the seafood industry. Operations are centered on the production and supply of various seafood products to domestic and international markets. The company is led by CEO Christian Riber. Focus is placed on sustainable sourcing and processing activities in the Norwegian coastal region, supporting the global seafood trade sector.
Norcod offers Snow Cod and Sustainability Services.
Yes, Norcod is publicly traded on OSL under the ticker symbol NCOD.
Norcod has made 1 acquisition, including Krakoy Slakteri.
Norcod has 3 investors. Key investors include Dun & Bradstreet, High Liner Foods, and Jeronimo Martins.
Norcod operates through Norcod As.