Arctic Fish Holding As · OSL:AFISH
Arctic Fish Holding As — Q1 2026 Earnings Presentation
13 slides from Arctic Fish Holding As's earnings presentation, May 13, 2026
Slide 1: Q1 2026 Presentation
Q1 2026 Presentation 13 May 2026
Slide 2: Disclaimer
Disclaimer Q1 Presentation 2026 Cautionary note regarding forward-looking statements This presentation is the managements summary of the 1st By their nature, forward-looking statements involve, and quarter of 2026, it includes forward-looking statements that are subject to, known and unknown risks,
Slide 3: Arctic Fish in brief
Q1 Presentation 2026 Arctic Fish in brief Arctic Fish (AFISH), listed at Euronext Growth The company's value chain consists of a state-of-the-art RAS market in Oslo, is a leading salmon farmer in hatching and smolt production facility, attractive sea sites with Iceland with an attractive and sustain
Slide 4: Highlights Q1 2026
Q1 Presentation 2026 Highlights Q1 2026 Harvested Volumes Revenue Op erational EBIT HOG Tonnes MEUR pr. kg All time high quarterly harvest volumes 38.6 Quarterly harvest volumes amounted to an all time high of 6,029 6,029 tonnes compared to 3,140 tonnes in Q1 2025 (Δ 92% YoY) 22.1 0.33 3,140 0.16 92
Slide 5: Financials
Q1 Presentation 2026 Financials
Slide 6: Profit & Loss
Q1 Presentation 2026 Profit & Loss (EUR ‘000) Q1 2026 Q1 2025 2025 38.6 MEUR revenues in the quarter (22.1 MEUR Operational revenue and other income 38,647 22,056 89,336 Q1 2025). The increase is purely volume driven Operational EBIT 2,018 517 -10,283 6,029 tonnes sold in the quarter, compared Net f
Slide 7: Financial Position
Q1 Presentation 2026 Financial Position Total assets of 252.2 MEUR (EUR ‘000) 31.3.2026 31.3.2025 31.12.2025 A decrease of 23.2 MEUR from Q4 2025. Mainly due to a decrease of biological assets Non-current assets 144,380 134,782 140,889 Current assets 107,829 93,009 134,510 Equity ratio of 35.9% Equi
Slide 8: Cash flow & Net interest-Bearing Debt
Cash flow & Net interest-Bearing Debt Q1 Presentation 2026 (EUR ‘000) Q1 2026 Q1 2025 2025 NIBD Development Opening Increase Decrease Closing NIBD beginning of period* -140,129 -132,650 -132,650 (‘000 EUR) Operational EBITDA* 4,421 2,737 -785 Change in working capital 2,033 10,681 1,961 140,129 3,97
Slide 9: Capital Expenditures
Capital Expenditures Q1 Presentation 2026 Capital Expenditures have been focused on three CAPEX in 2026 is estimated at 13 MEUR and main pillars throughout the value chain will mainly be focused on seawater operations Capital expenditure development (MEUR) Smolt Production Seawater Operations Primar
Slide 10: Volume Guidance
Volume Guidance Q1 Presentation 2026 Guidance for 2026 has been revised and increased to 18 thousand tonnes following positive biological development in both Q4 of last year and to start off 2026. The 18 thousand tonnes will be a 22% increase year over year and an all time high. Harvested volumes Ha
Slide 11: Appendix
Q1 Presentation 2026 Appendix
Slide 12: License Portfolio
Q1 Presentation 2026 License Portfolio Licenses by Fjord Ísaf jarðardjúp The license portfolio for the company is 8,000 29,800 tonnes MAB (Maximum Allowed Biomass) and includes licenses covering Önundarf jörður 10 farming areas in 5 different fjords, all 200 located in the Westfjords of Iceland. Of
Slide 13: Thank you
Thank you Q1 2026 Presentation