STIM

What STIM does

STIM AS is a Norwegian aquaculture services company headquartered in Leknes, Norway, founded circa 1990, that operates as a multi-product, multi-service supplier to the salmon farming industry. The company combines pharmaceutical and biological product distribution with proprietary technology and professional services, distributing fish health products including vaccines, pharmaceuticals, anesthetics, and delousing agents through a temperature-controlled logistics network with dedicated vaccine trucks and offices along the entire Norwegian coast. Its proprietary product portfolio includes SuperSmolt FeedOnly, a patented smoltification technology that has been used on more than 450 million fish, and CUSTUS YRS, a bacteriophage product line targeting biological disease management. The company also operates the STIM PRO remote inspection platform, expanding service delivery into digital monitoring.

The business serves the Norwegian salmon farming industry as its primary market and has expanded internationally through wholly-owned subsidiaries in Chile, the UK, and Iceland, plus presence in Ireland, Canada, the USA, and China. Service offerings span fish health advisory, environmental and marine monitoring, technical inspection and certification, and aquaculture training. Multiple accreditations — ISO/IEC 17025 (since 2000), ISO 14001 (since 2017), and Global G.A.P. (since 2019) — anchor its credibility as a regulated supplier to the aquaculture value chain.

Revenue is generated through a mix of product sales (vaccines, pharmaceuticals, smoltification feeds, bacteriophage products), professional service fees (consulting, environmental monitoring, technical inspection, certification), and recurring advisory engagements. The customer base is B2B, primarily serving Norwegian salmon producers and selected international operators, with a 2024 Norway Transparency Act compliance report signaling alignment with evolving supply-chain disclosure standards.

Name

STIM

Legal name

STIM AS

Website

https://stim.no

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

STIM AS is a Norwegian aquaculture services company that supplies fish health products, environmental monitoring, regulatory advisory, and proprietary smoltification and inspection technologies to salmon farmers in Norway and seven additional countries.

Ownership category

akta.pro rank

Product category

Aquaculture Services

NAICS

Seafood Product Preparation and Packaging (311710), Seafood Product Preparation and Packaging (3117)

SIC

Food And Kindred Products (2000), Miscellaneous Food Preparations & Kindred Products (2090)

akta.pro primary industry

Aquaculture Processing & On-Farm Value-Add (primary handling, icing, packing) (AFAEAAAN)

akta.pro secondary industry

Aquaculture Health, Biosecurity & Veterinary Services (AFAEAAAK)

Keywords

• Aquaculture health services
• Fish vaccines distribution
• Smoltification feed products
• Marine environmental monitoring
• Aquaculture inspection certification

Headquarters

HQ city

Leknes

HQ country

Norway

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Sale of vaccines, medicines, medical feed and fish health products: STIM is a total supplier of vaccines (e.g. ALPHA JECT, Clynav, Alpha ERM), delousing agents (Ectosan Vet, Alpha Max, Salmosan), anesthetics (Finquel, Tricaine, Benzoak, AQUI-S), antifungals and medical feed, distributed through a temperature-controlled distribution system with its own vaccine trucks.
2. Sale of aquaculture consumables, equipment and biosecurity products: Includes disinfection (Buffodine), vaccination equipment (Socorex, Aquajector, Kaycee vaccine guns, Unimed needles), bacteriophage products (CUSTUS YRS), water-treatment products (Vidalife, Defoam FG-10) and MC 720 vaccine refrigerators.
3. SuperSmolt FeedOnly feed sales and licensing: Sale of the proprietary SuperSmolt FeedOnly smoltification feed to salmon hatcheries worldwide; positioned with >10x typical ROI for the customer.
4. Fish health services and consulting: Risk-based health checks for hatchery, broodstock and grow-out sites, lice assessments, smolt evaluations, hygiene inspections (incl. STIM PRO), veterinary assistance and ongoing advisory retainers from rogn to slaughter.
5. Environmental and marine monitoring services: Akkreditert environmental surveys: pre-investigations, B- and C-surveys under NS 9410:2016, recipient studies, shoreline and hard-bottom surveys, nature mapping and pollutant/biota monitoring for aquaculture, petroleum, county and municipal clients.
6. Technical inspection, certification and anchoring analyses (with Synfaring): Akkreditert site investigations, anchoring analyses and facility certificates compliant with NS9415:2021 + AC:2024 and NYTEK 23, delivered jointly with Synfaring.
7. Planning, area and regulatory advisory services: Consulting on municipal area plans, dispensations, site clearance applications, regulatory compliance and authority engagement for aquaculture operators.
8. Fish health training courses: Classroom (physical/Teams) and digital courses via Motimate covering fish welfare, veterinary assistant, escape prevention, chemical handling, hygiene/biosecurity, mortality categorization and sea-lice counting.
9. Pharmaceutical destruction/reverse-logistics service: STIM runs a return/destruction scheme for unused vaccines, anesthetics, rogn treatment and bath delousing products, with boxes shipped to approved waste facilities.

Pricing tiers

Go-to-market motion1 record

Core offering

STIM AS is a Norwegian aquaculture services company that supplies the salmon farming industry with fish health products (vaccines, pharmaceuticals, the patented SuperSmolt FeedOnly smoltification feed, CUSTUS YRS bacteriophage biocontrol) and delivers a portfolio of professional services including fish health management, ISO/IEC 17025-accredited environmental and marine monitoring, technical inspection and certification (NS 9415/NYTEK 23), planning and area-use advisory, regulatory advisory, and fish health training. The company also operates the STIM PRO remote hygiene inspection platform for well boats and aquaculture sites.

Differentiator

Problem solved

Functional benefit

Brands

• SuperSmolt FeedOnly: Patented method for synchronous and efficient smoltification of Atlantic salmon; feed-based technology using free tryptophan and a mix of ions and amino acids.
• CUSTUS®YRS
• STIM PRO

Products and services

• SuperSmolt FeedOnly Patented feed-based smoltification product that drives synchronous smoltification of Atlantic salmon under full light without dark stimuli or brackish water, used to smoltify more than 450 million fish worldwide; sold to salmon hatchery operators globally.
• CUSTUS YRS Bacteriophage Biocontrol Bacteriophage-based biocontrol product that suppresses Yersinia ruckeri and prevents yersiniosis outbreaks, applied in biofilters, anaesthetic baths, well boats and process water during stressful fish operations; sold to fish farmers.
• STIM PRO Remote Hygiene Inspection Remote inspection platform consisting of a helmet-mounted camera and communications unit, ATP meters, mobile broadband and STIM PRO software that enables fish-health personnel to perform microbiological hygiene inspections of well boats and aquaculture sites in real time without being physically on site; sold/serviced to aquaculture vessel and site operators.
• Aquaculture Vaccines and Pharmaceuticals Distribution Total-supply distribution of aquaculture vaccines, delousing agents, anesthetics, antifungals and medical feed to Norwegian fish farmers through a temperature-controlled distribution system and STIM's own vaccine trucks.
• Aquaculture Consumables and Equipment Distribution of aquaculture disinfection products, vaccination equipment, water-treatment products and vaccine refrigerators to fish farming operators.
• Fish Health Services Risk-based health checks for hatchery, broodstock and grow-out sites, lice assessments, smolt evaluations, hygiene inspections (including via STIM PRO), veterinary assistance and ongoing advisory retainers across the full fish lifecycle from rogn to slaughter; delivered to salmon farm operators.
• Environmental and Marine Monitoring Services Accredited environmental surveys including pre-investigations, B- and C-surveys under NS 9410:2016, recipient studies, shoreline and hard-bottom surveys, nature mapping and pollutant/biota monitoring; delivered to aquaculture, petroleum, county and municipal clients.
• Technical Inspection and Certification Services (with Synfaring) Accredited site investigations, anchoring analyses and facility certificates compliant with NS 9415:2021 + AC:2024 and NYTEK 23, delivered jointly with Synfaring to aquaculture operators.
• Planning and Area-Use Advisory Services Consulting on municipal area plans, dispensations, site clearance applications, regulatory compliance and authority engagement for aquaculture operators.
• Regulatory Advisory Services Regulatory advisory and authority engagement support for Norwegian aquaculture operators.
• Fish Health Training Courses Classroom (physical and Microsoft Teams) and digital training courses delivered via the Motimate platform covering fish welfare, veterinary assistant, escape prevention, chemical handling, hygiene and biosecurity, mortality categorization and sea-lice counting; sold to aquaculture industry participants.
• Pharmaceutical Destruction / Reverse-Logistics Service Return and destruction scheme for unused vaccines, anesthetics, rogn treatment and bath delousing products, with collection boxes shipped to approved waste facilities; offered to aquaculture operators.

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Pharmaq (part of Zoetis): Norwegian-headquartered fish health pharmaceutical manufacturer and supplier; overlaps directly with STIM on fish vaccines (e.g., Alpha Ject products that STIM distributes) and aquatic animal health services, serving the same Norwegian salmon farmer customer base.
• Akvaplan-niva: Norwegian environmental research and aquaculture services firm providing marine monitoring, environmental surveys, and aquaculture R&D. Closest direct competitor to STIM Miljø's accredited environmental laboratory and survey business.
• VESO: Norwegian aquaculture research and diagnostic services company (VESO Vikan and VESO Aqualab). Overlaps with STIM in fish health services, vaccine R&D support, and laboratory testing for salmon producers.
• ACD Pharmaceuticals: Norwegian aquaculture pharmaceutical distributor and developer (Aqui-S, Banjo Forte, etc.) with a similar 'total supplier' positioning to STIM. Direct competitor on anesthetic, delousing, and fish health product distribution to Norwegian salmon farmers.

Broad incumbents

• MSD Animal Health (Aquaculture division): Global animal-health major with a dedicated aquaculture portfolio (vaccines, anti-parasitics including SLICE/Salmosan that STIM distributes). A broad incumbent that competes with STIM both as a product supplier and increasingly as a direct services provider to salmon farmers.
• Elanco Animal Health (Aquaculture): Global animal-health company with a salmon-focused aquaculture franchise (vaccines, delousing agents). Competes with STIM in fish health inputs and is moving toward integrated health solutions for salmon producers.
• Benchmark Holdings: Listed aquaculture genetics and health company with salmon breeding, vaccines, and biosecurity offerings. Overlaps with STIM in fish health and biosecurity, and is one of the few pure-play aquaculture health companies at scale.

Emerging players

• PatoGen: Norwegian aquaculture diagnostics and health-monitoring company providing PCR-based fish health testing and screening services. Competes with STIM on the diagnostics and fish health services layer of the salmon value chain.
• Calanus AS: Norwegian aquaculture biotech focused on novel feed ingredients and bacteriophage-based health products. Closely comparable to STIM's CUSTUS YRS bacteriophage and SuperSmolt feed franchises in the alternative-input segment.
• Stingray Marine Solutions: Norwegian aquaculture technology company providing optical / laser delousing systems and digital fish health tools. Comparable to STIM as a non-pharma, technology-driven Norwegian salmon health player with potential overlap in inspection and sea-lice services.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/europharmaas
• Instagraminstagram.com/stoltavlaksen
• LinkedInlinkedin.com/company/stim-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about STIM