Nordic Halibut recorded an average sales price of NOK183 ($17) per kilogram for fresh head-on-gutted fish during the fourth quarter of 2025. According to the Norway-based company, this price remained consistent with the average recorded during the same period of the previous year.
For the full year of 2025, the company achieved an average sales price of NOK175 per kilogram, which was an increase from the NOK167 per kilogram achieved throughout 2024.
The company stated that average harvest weights increased to 6.6 kilograms, compared to 6.3 kilograms in the fourth quarter of 2024. Sales revenue for the final quarter of 2025 reached NOK45 million, based on a total sales volume of 272 tonnes.
This volume consisted of 197 tonnes of fresh head-on-gutted fish and 75 tonnes of frozen product. Nordic Halibut noted that this represents a 59 per cent increase in volume compared to the same period in 2024.
For the full year 2025, sales revenue reached NOK145 million, representing a 61 per cent rise from the NOK90 million reported in 2024. The total harvest for the year was 847 tonnes, an increase of 57 per cent from the 539 tonnes harvested in 2024.
The company reported that biomass build-up continued with a net growth of 11 per cent in the fourth quarter of 2025 compared to the previous quarter. Including harvested biomass, total sea-based production for the quarter reflected an 18 per cent growth.
Construction of the Tingvoll facility progressed as planned during the fourth quarter of 2025. Nordic Halibut stated the facility remains on track to become fully operational by 2027. The facility is expected to, "play a key role in supporting the company’s scale-up strategy," with the organisation aiming for an annual production of 10,350 tonnes by 2031.
