The impressive economy of Scale
Aquaculture supplier ScaleAQ delivered its strongest results ever in 2025, with operating revenues of NOK 4.5 billion and an EBIT of NOK 412 million.
The increase was driven by generally high demand across product segments, with particularly high demand for subsea solutions and strong activity within vessels and feed technology, the company said in a press release.
"We are leaving behind a year characterised by delivery power, direction and dedication. The result is significantly above our goals, and a confirmation that the strategy we set in 2024 works in practice," says chief financial officer Svein Vestermo in the announcement.
Revenue for 2025 ended up close to NOK 4.5bn, an increase of 20% compared to 2024. The numbers do not tell the whole story.
"The most important reason for the success is the people throughout the group. We passed 1,000 employees globally in 2025. The interest in being part of the team has never been greater," says Vestermo.
The Norway-headquartered multinational group achieved an operating profit of NOK 412m in 2025, compared to NOK 254m in 2024. The increase in operating profit is due to better performance within both segments - aquaculture technology and vessels - driven by a combination of higher revenues and better margins through product mix.
Will provide further growth
According to the company, sustainability is central to its operations, and what the group wants to contribute. It says 74% of new nets delivered in 2025 were biocide-free, and 41% of the group's floating cage collars today enter a circular value chain.
The board of ScaleAQ believes that increased demand for sustainable protein will lead to further growth in aquaculture, and that the company is well positioned to deliver the technology the industry needs.
Lower salmon prices and various external factors have led to reduced profitability for farmers in 2025, compared to previous years. In addition, geopolitical tensions, rising oil prices and higher raw material costs are putting a damper on growth opportunities in the short term.
"The full impact of what this means for the group is still too early to determine," the company writes.
