Financials

Financial targets

Get an overview of the financial targets for the Grieg Seafood Group.

*NIBD according to bank covenants. Not applicable as of year end 2020 and until Q4 2021.

Key figures

Get an overview of key performance figures for the Grieg Seafood Group and the regions Rogaland, Finnmark, British Columbia as well as Shetland (classified as held for sale as of YE2020).

*At year-end 2020, Grieg Seafood Shetland has been included as part of the disposal group "Shetland" classified as held for sale and presented as discontinued operations. In addition, Grieg Seafood has divested its 60 % share of Ocean Quality in 2020, of which has been treated as a separate disposal group classified as held for sale and presented as a discontined operations for the part of Ocean Quality attributable to sale of fish not farmed by Grieg Seafood. In the key figure table above, the 2020 and 2019 income- and cash flow statement figures are prepared for the Group's continued operations (prior years, 2018 and backwards, has not been re-presented). The Group's balance sheet figures for 2019 and backwards are not re-presented, impacting the metrics referenced ****. Only the 2020 balance sheet figures are exclusive of the disposal group's. See more information in note 4 in our Q4 2020 Quarterly Report on how the Group has been impacted by the application of IFRS 5. **Gross investments includes Shetland, which at year-end 2020 is part of a disposal group classified as held for sale. See note 4 to our Q4 2020 Quarterly Report for more information. In addition, 2020 Gross Invesments includes cash considerations made for the acquisition of Grieg Newfoundland in Q2 2020. ***Average of weekly NQSALMON prices less 0.75 NOK/kg. ****NIBD according to bank covenants. Not applicable as of year end 2020 and until Q4 2021.
*In Q4 2020, Grieg Seafood defined Grieg Seafood Shetland as part of the disposal group "Shetland" classified as held for sale. Thus, Grieg Seafood has not reported Grieg Seafood Shetland' revenues, EBIT nor EBIT/kg in its segment information in the Q4 2020 Quarterly Reporting. The financial figures of the disposal group "Shetland" are not 1:1 with the Grieg Seafood Shetland figures, thus no figures are included in 2020 above for revenues, EBIT and EBIT/kg. See more informaton in Grieg Seafood's Q4 2020 Quarterly Report as to the held for sale-classification and financial figures related to the disposal group.