Farmer became Norway's largest supplier of cod last year

For the first time ever a fish farmer, not a fishing company, has become the largest supplier of Norwegian cod over a year. With over 110% annual volume growth, driven by increased activity and strong improvement in biological performance, Ode became Norway's largest single supplier of the popular fish in 2025. 

The company believes this reflects a long-term commitment to fully integrated production, modern organisation and biological control. In 2025, Ode accounted for around 65% of the total farmed cod market of 15,493 tonnes, and almost 30% of combined wild and farmed fresh cod exports of 36,704 tonnes as quota cuts continued to reduce wild-caught volumes.

Major investments

Since its inception in 2020, Ode has invested and developed into a major player not only in farmed cod, but now also in the entire cod category. More than 20 leading retail chains and food service distributors in Europe, the United States and Asia account for the majority of Ode's revenue. The success and growth of cod programmes with these customers has driven growth in 2025, the company explained.

"Our results in 2025 are just one of many milestones on the way," said chief executive Ola Kvalheim, who adds that the company has cracked the code on how to farm cod with a low feed factor, high survival, and rapid growth. 

The company writes that in a period characterised by a lack of progress in Norwegian seafood production, the growth success of farmed cod helps meet customers' ever-increasing demand. 

"This is important to further develop markets and secure Norway's position as a safe and good supplier of healthy and sustainable food both nationally and to the world market in uncertain times. Farmed cod has now become an important part of Norway's export portfolio," the company said.

Submersible cages

At the end of the year, Ode had around 250 employees distributed throughout the value chain. More than 50 of these were recruited in 2025. 

During the year, Ode continued its focus on submersible cages, which the company says contribute to better biological control and performance in the sea phase. At the same time, significant investments were made in product development and processing activities, which provide year-round jobs, increased product quality and facilitate the necessary product development together with customers.

With increased production capacity, strengthened organisation and targeted investments in technology and infrastructure, Ode said it is well positioned for further growth in the years to come, as a key contributor to the Norwegian seafood industry and the supply of high-quality cod to the markets.

"The feedback from customers has been fantastic throughout 2025. Our products cover many strong megatrends in society and are very forward-looking. The demand for healthy and pure proteins produced in a long-term and renewable way with a low footprint is increasing worldwide, and we are well positioned to grow in the future," said Kvalheim.