Hampidjan

What Hampidjan does

Hampiðjan hf. is an Icelandic public limited company founded in 1934 in Reykjavík, listed on the Regulated Market of Nasdaq Iceland since May 2023. It manufactures specialized fishing gear (pelagic and bottom trawls including the Gloria series, codends, trawl doors, and the patented Flow Gear semi-circle hopper footrope), high-performance fiber ropes under the DynIce and Robus brands made from HMPE (Dyneema-class) fibers, and aquaculture systems consolidated under the ELDI brand since January 1, 2026 following the merger of Mørenot, Vónin and FiiZK Protection. Adjacent segments include offshore/seismic ropes, mooring and tugging lines, heavy-lift slings (Terra Slings), and DynIce Dux tanks for offshore oil processing.

The group's competitive position rests on proprietary rope architecture (patented Helix self-spreading rope, DynIce Data cable on 470+ vessels), aquaculture waste-management technology (BioSeize comprising ConeCollect and Fish/It pumping, deployed at Lerøy Sjøtroll), and a Helix rope geometry that yields 33% greater trawl circumference. Manufacturing spans Iceland, Northern Norway (Tromsø, Finnsnes), Lithuania (Plungė and Šiauliai, 31,500 m² combined), India (Selu plus a new 120,000 m² Auric site under construction), and Denmark (Skagen, Thyborøn), with sales offices and net lofts in Russia, Spain, Australia, Canada and the Faroe Islands bringing total reach to 12+ countries and 24+ locations.

Revenue is generated via B2B direct sales of one-off equipment orders with quote-based pricing for specialized fishing gear, aquaculture equipment, DynIce/Robus rope products, and offshore/industrial ropes; supplemented by installation, maintenance, and net-loft service revenue. The company actively markets through major industry exhibitions (AquaNor, IceFish, Danfish, Oceanology International), annual flume-tank testing sessions in Hirtshals (Denmark), and direct enterprise sales teams. Customer base spans commercial fishing (Samherji, HB Grandi, Skinney-Þinganes, Gjøgur, PGS), aquaculture (Lerøy Sjøtroll, Arctic Fish, Grieg Seafood), offshore energy, seismic research (JAMSTEC), and rescue organizations (ICE-SAR). Post-2024 acquisitions (FiiZK, Kohinoor, IRB) and the Rotor Aqua JV position Hampiðjan as a vertically integrated marine equipment group with mounting digital and Asian-manufacturing capabilities.

Name

Hampidjan

Legal name

Hampiðjan hf.

Website

https://hampidjan.com

Company type

Public

Founded year

1934

Operating status

Operating

Headcount range

101–250 employees

Short description

Hampiðjan is an Icelandic public manufacturer (Nasdaq Iceland, 2023 IPO; founded 1934) of specialized fishing gear (pelagic and bottom trawls), high-performance HMPE fiber ropes (DynIce, Robus), and aquaculture equipment (ELDI subsidiary since January 2026), serving commercial fishing, aquaculture, and offshore-energy operators globally through 24+ locations across 12+ countries.

Ownership category

akta.pro rank

Product category

Commercial Fishing Gear and Aquaculture Equipment

NAICS

Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills (314994)

SIC

Broadwoven Fabric Mills, Man Made Fiber & Silk (2221)

akta.pro primary industry

Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans) (IMAJAIAA)

Keywords

• Commercial fishing gear
• Aquaculture equipment
• Marine rope manufacturing
• Trawl doors
• Offshore mooring systems

Headquarters

HQ city

Reykjavík

HQ country

Iceland

HQ region

Europe

Offices21 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Fishing Gear Sales: Direct sales of fishing gear including trawls, purse seines, trawl doors, warps, and accessories to fishing companies globally. Products include Gloria trawls, Flow Gear hopper footropes, DynIce ropes and warps.
2. Aquaculture Equipment: Sales of tanks, nets, cages, and specialized aquaculture equipment through ELDI subsidiary. Includes HDPE cage nets, salmon lice skirts (Fiizk Protection), and BioSeize waste management systems.
3. Offshore and Industrial Ropes: High-performance ropes for offshore oil and gas, seismic operations, lifting, mooring, and tugging applications. Products include DynIce and Robus HMPE ropes for demanding marine and industrial environments.
4. Service and Installation: Installation services, maintenance, and technical support for fishing and aquaculture equipment. Net loft services for gear repair and assembly.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Hampidjan manufactures and sells high-performance fishing gear (trawls, purse seines, trawl doors, warps, codends), aquaculture equipment (cages, nets, lice skirts, waste management systems), and industrial marine ropes (HMPE fiber ropes for mooring, lifting, seismic, tugging, and offshore applications). The company produces proprietary brands including DynIce warps, Flow Gear hopper footropes, Gloria pelagic trawls, BioSeize aquaculture waste systems, and Dyrkorn longlines, distributed globally through manufacturing facilities and net loft service centers.

Product overview

Hampiðjan is an Icelandic manufacturing group offering a comprehensive portfolio of maritime and fishing equipment across multiple product lines. The core offerings include high-quality fishing gear (trawls, nets, codends like T90, and the Gloria trawl series), high-performance fiber ropes (DynIce Warps, DynIce Data, Robus HMPE), and aquaculture solutions. The company recently consolidated its aquaculture operations under ELDI brand, combining Mørenot, Vónin, and Fiizk Protection products including the innovative BioSeize waste management system (Fish/It pump and ConeCollect). Other product lines include lifting equipment with Terra Slings, offshore solutions with DynIce Dux tanks, mooring equipment, trawl doors (Injector and Vónin brands), and specialized gear like Flow Gear semi-circle hopper footropes and Dyrkorn longlines.

Differentiator

Problem solved

Functional benefit

Brands

• ELDI: Consolidated aquaculture brand combining Vónin, Mørenot, and Fiizk Protection for aquaculture equipment and solutions including BioSeize waste management technology
• DynIce
• Robus
• Flow Gear
• Gloria
• BioSeize
• Dyrkorn DX

Products and services

• Fishing Gear High-quality fishing gear for trawlers and purse seiners, including trawls, nets, codends, and accessories designed for commercial fishing operations.
• DynIce Warps High-performance fiber rope warps used for trawling, offering superior strength and durability compared to steel wire while being significantly lighter and lasting five times longer.
• Flow Gear Semi-Circle Hopper Footropes Semi-circle hopper footropes for bottom trawling made from plastic sections that provide better catch efficiency, easier navigation over obstacles, and reduced seabed impact compared to traditional rubber rockhoppers. Delivers 40-50% increase in catch efficiency.
• BioSeize Aquaculture Waste Management System Aquaculture waste management technology consisting of Fish/It pump system and ConeCollect netting cone that captures fish waste and uneaten feed while preserving original form for onshore processing and traceability.
• Gloria Pelagic Trawl Series

Quantifiable outcome

• 40-50% increase in catch efficiency with Flow Gear compared to traditional rockhopper gear
• +5 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Rotor SystemscoreStrategic or Co-development Partner · 12 May 2026Joint venture Rotor Aqua (50/50) established between ELDI (Hampiðjan aquaculture subsidiary) and Rotor Systems to develop, implement, and market new technologies for processing workflows and digital management in aquaculture. Rotor Systems is a Norwegian engineering company providing high- and low-pressure systems for waste handling in oil and gas markets, operating in Oslo, Stavanger, and Kristiansand.
• Norwegian Rotor SystemscoreStrategic or Co-development PartnerCollaborated on developing BioSeize technology for aquaculture waste management. Technology showcased at AquaNor exhibition. Jointly established Rotor Aqua company for commercialization.
• Thyborøn TrawldoorcoreTechnology or IntegrationDanish trawl door manufacturer. Hampiðjan distributes Thyborøn products including Type 42 controllable doors, Type 28 doors, Flipper T20 adjustable doors, and Type 32 Bluestream doors. Companies collaborate on product development and testing.
• StarOddiminorStrategic or Co-development PartnerPartnership on FishScanner technology for capelin measurements, developed in collaboration with Marine Research Institute and funded by Technology Development Fund.
• University of IcelandminorStrategic or Co-development PartnerCollaboration on trawl simulator development focusing on water flow optimization through fishing gear and maximizing Helix rope effectiveness.
• Marine Research Institute (Iceland)minorStrategic or Co-development PartnerCollaboration on FishScanner technology testing and fishing gear research including T90 codend selectivity studies.
• Cosmos TrawlcoreOEM/ Whitelabel/ Licensing PartnerWholly-owned Danish subsidiary. Owns 80% of Nordsø Trawl. Operates net lofts in Skagen and Thyborøn. Produces trawl doors, shrimp trawls, and provides fishing gear services.
• Blue Army (Blái herinn)minorOthersIcelandic beach cleanup organization. Hampiðjan contributes ISK 2.40 million annually to support coastal clean-up efforts. Joint environmental initiative.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Samson Rope Technologies: US-based manufacturer of synthetic ropes for marine, industrial, and offshore markets. Comparable in high-performance fiber rope products competing with DynIce for towing, mooring, and lifting applications.
• Nitto Seimo Co., Ltd. Japanese manufacturer of fishing nets and ropes with global presence in trawl and aquaculture netting. Direct competitor in fishing nets with comparable technology focus.
• Garware Technical Fibres: Indian manufacturer of synthetic ropes, twines, and netting for fishing, aquaculture, and industrial applications. Directly comparable product portfolio to Hampidjan, especially in nets and ropes for fisheries.
• Lankhorst Ropes (WireCo WorldGroup): Manufacturer of synthetic and steel wire ropes for marine, offshore, and fishing applications. Direct competitor in marine ropes and comparable in trawl and mooring segments.
• Egersund Net: Norwegian manufacturer of fishing nets and trawls with strong North Sea heritage. Closest direct competitor in commercial fishing gear including trawls, codends, and netting solutions.
• Teufelberger: Austrian family-owned manufacturer of synthetic ropes and cordage with marine, offshore, and industrial applications. Comparable high-performance fiber rope offerings to DynIce and Robus product families.
• BridonBekaert: Global steel and synthetic rope manufacturer serving marine, mining, oil & gas, and crane industries. Comparable in heavy-duty rope offerings across offshore and lifting applications overlapping with Hampidjan's DynIce mooring, seismic, and lifting segments.

Broad incumbents

• Kongsberg Maritime: Norwegian division of Kongsberg Group supplying marine electronics, offshore equipment, and integrated vessel solutions. Broad incumbent serving fishing, offshore, and energy with overlapping capabilities in marine monitoring and dynamic positioning.
• Furuno Electric: Japanese manufacturer of marine electronics including fish finders, sonar, and net sounder systems. Adjacent incumbent serving commercial fishing fleets with technology complementing DynIce Data cable sounder integration.
• AKVA Group: Norwegian publicly listed supplier of aquaculture equipment and technology including cages, nets, sensors, and software. Larger, broader portfolio than ELDI but directly overlaps in salmon farming hardware including nets and lice skirts.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Hampidjan

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries18 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Hampidjan