Andfjord Salmon Group AS

OB:ANDF Stock Report

Market Cap: NOK 3.1b

Andfjord Salmon Group (ANDF) Stock Overview

Engages in the land-based farming of Atlantic salmon in Norway. More details

ANDF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Earnings are forecast to grow 61.55% per year

Analysts in good agreement that stock price will rise by 46.7%

Risk Analysis

Makes less than USD$1m in revenue (NOK133K)

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year


ANDF Community Fair Values

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Andfjord Salmon Group AS Competitors

Price History & Performance

Summary of share price highs, lows and changes for Andfjord Salmon Group
Historical stock prices
Current Share PriceNOK 32.50
52 Week HighNOK 43.00
52 Week LowNOK 27.20
Beta-0.063
1 Month Change-0.31%
3 Month Change-2.40%
1 Year Change4.17%
3 Year Change-26.97%
5 Year Change-30.85%
Change since IPO30.00%

Recent News & Updates

Is Andfjord Salmon Group (OB:ANDF) A Risky Investment?

May 30
Is Andfjord Salmon Group (OB:ANDF) A Risky Investment?

Recent updates

Is Andfjord Salmon Group (OB:ANDF) A Risky Investment?

May 30
Is Andfjord Salmon Group (OB:ANDF) A Risky Investment?

Health Check: How Prudently Does Andfjord Salmon Group (OB:ANDF) Use Debt?

Nov 06
Health Check: How Prudently Does Andfjord Salmon Group (OB:ANDF) Use Debt?

Health Check: How Prudently Does Andfjord Salmon (OB:ANDF) Use Debt?

Dec 15
Health Check: How Prudently Does Andfjord Salmon (OB:ANDF) Use Debt?

Is Andfjord Salmon (OB:ANDF) Using Debt In A Risky Way?

Jan 27
Is Andfjord Salmon (OB:ANDF) Using Debt In A Risky Way?

What Kind Of Investors Own Most Of Andfjord Salmon AS (OB:ANDF)?

Mar 14
What Kind Of Investors Own Most Of Andfjord Salmon AS (OB:ANDF)?

Shareholder Returns

ANDFNO FoodNO Market
7D8.3%1.1%-2.4%
1Y4.2%1.5%4.8%

Return vs Industry: ANDF exceeded the Norwegian Food industry which returned 1.5% over the past year.

Return vs Market: ANDF matched the Norwegian Market which returned 4.8% over the past year.

Price Volatility

Is ANDF's price volatile compared to industry and market?
ANDF volatility
ANDF Average Weekly Movement7.5%
Food Industry Average Movement4.9%
Market Average Movement6.0%
10% most volatile stocks in NO Market13.1%
10% least volatile stocks in NO Market3.4%

Stable Share Price: ANDF has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: ANDF's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201423Martin Rasmussenwww.andfjordsalmon.com

Andfjord Salmon Group AS engages in the land-based farming of Atlantic salmon in Norway. The company was formerly known as Andfjord Salmon AS and changed its name to Andfjord Salmon Group AS in May 2024. Andfjord Salmon Group AS was incorporated in 2014 and is headquartered in Dverberg, Norway.

Andfjord Salmon Group AS Fundamentals Summary

How do Andfjord Salmon Group's earnings and revenue compare to its market cap?
ANDF fundamental statistics
Market capNOK 3.11b
Earnings (TTM)-NOK 70.19m
Revenue (TTM)NOK 133.00k
Over9,999x
P/S Ratio
-44.3x
P/E Ratio

Is ANDF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ANDF income statement (TTM)
RevenueNOK 133.00k
Cost of RevenueNOK 954.00k
Gross Profit-NOK 821.00k
Other ExpensesNOK 69.37m
Earnings-NOK 70.19m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Sep 04, 2025

Earnings per share (EPS)-0.73
Gross Margin-617.29%
Net Profit Margin-52,774.44%
Debt/Equity Ratio46.0%

How did ANDF perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/30 16:38
End of Day Share Price 2025/06/30 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Andfjord Salmon Group AS is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nils Olav ThommesenFearnley Securities
Mindaugas CekanaviciusNorne Securities AS