Not stopped by the red light
Salmon farmer Alsaker had to reduce biomass under Norway's traffic light system but managed to maintain nearly all of its harvest volume
Norway's Alsaker Group delivered a pre-tax profit of NOK 649 million (£51.7m) in 2025, despite production being affected by 6% capacity reductions under the government's traffic light system, the company said in a press release today.
The group, which is the parent company of Alsaker Fjordbruk, had operating revenues of NOK 2.596 billion. This gives a profit margin before tax of 25%, down from 33.5% in 2024.
Slightly lower harvest
According to the company, the reduction introduced in the autumn of 2024 took full effect in 2025. At the same time, Alsaker points out that good biological development and continued low mortality contributed to production remaining at 37,600 tonnes of salmon, just 2% lower than the 38,400 tonnes of the previous year.
Alsaker is a vertically integrated aquaculture group with operations throughout the value chain. During the year, the group operated four smolt plants, 24 food fish concessions, a slaughterhouse, a cleaner fish plant and an aquaculture centre. The company also has its own wellboat and a large fleet of service vessels.
Production is spread across 14 municipalities in Vestland and Rogaland.
At the end of 2025, the group had 295 employees. The company highlights competent and motivated employees as an important success factor.
Booked equity in the group was NOK 2,664 million at the end of the year – which gives an equity ratio of 59%.
Alsaker Group
| (NOK millions) | 2025 | 2024 |
| Turnover | 2,596 | 3,026 |
| EBITDA | 777 | 1,164 |
| Operating profit | 620 | 1,015 |
| Pre-tax profit | 649 | 995 |
| Tax bill | 64 | 356 |
| Annual result | 585 | 638 |
Key figures for 2025 and 2024.