Salfjord As
Salfjord AS is a Norway-based, pre-revenue aquaculture company developing one of the country's largest land-based Atlantic salmon farming facilities at Tjeldbergodden, targeting 36,500 tonnes HOG of annual output by 2027 for B2B global seafood buyers.
- Company typePrivate
- Founded2018
- HeadquartersAure, Norway
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Salfjord As does
Salfjord AS, founded in 2018 and headquartered in Aure, Norway, is developing one of Norway's largest land-based aquaculture facilities at Tjeldbergodden, targeting annual production of 36,500 tonnes HOG of Atlantic salmon (and the flexibility to produce trout or rainbow trout). The company holds a single aquaculture license equivalent to 27 conventional sea-based salmon licenses, with maximum standing biomass of 21,000 tonnes, and includes on-site smolt capacity of 30 million fish per year for self-sufficiency. The site is designed around Artec Aqua's hybrid flow-through water technology (recirculating up to 65% of water with 35-40% constant fresh seawater supply), UV radiation treatment at 225 mJ/cm2, Bow-Tie biosecurity methodology, FISHWELL 2 welfare indicators, and an ABB-collaborated digital twin for production simulation and optimisation. Production is organised in five standardised 7,300-tonne modules, and a second site at Hyttneset is in planning with the goal of doubling capacity by 2035.
Salfjord is currently pre-revenue. Groundwork at Tjeldbergodden commenced in November 2024 under a NOK 100+ million contract with Tverås Maskin og Transport, with the full facility cost estimated at NOK 7-7.5 billion. Construction is planned to begin in 2026, with first production targeted for 2027. The company is privately held by 63 shareholders (mostly local and regional), led by CEO Hans Ramsvik, COO Robin Fladseth (ex-SalMar operational leader), and Chair Jan Harald Hauvik. In April 2026, Salfjord entered a strategic industrial partnership with Artec Aqua Vaq AS (a wholly owned subsidiary of Endúr ASA) covering turnkey design, engineering, construction, and commissioning, with Endúr also taking an equity stake subject to conditions. Go-to-market is B2B enterprise field sales targeting global seafood distributors, retailers, and food-service buyers seeking sustainably farmed, year-round supply; no off-take agreements or customer logos have been disclosed to date.
Salfjord As firmographics
Firmographics- Name
- Salfjord As
- Legal name
- Salfjord AS
- Website
- https://salfjord.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Salfjord AS is a Norway-based, pre-revenue aquaculture company developing one of the country's largest land-based Atlantic salmon farming facilities at Tjeldbergodden, targeting 36,500 tonnes HOG of annual output by 2027 for B2B global seafood buyers.
- Ownership category
- akta.pro rank
Salfjord As industry classification
Industry- Product category
- Land-based Aquaculture (Salmon Farming)
- NAICS
- Finfish Farming and Fish Hatcheries (112511), Aquaculture (1125)
- SIC
- Prepared Fresh Or Frozen Fish & Seafoods (2092)
- akta.pro primary industry
- Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants) (AFANADAL)
Keywords
Where Salfjord As is headquartered
LocationHeadquarters
- HQ city
- Aure
- HQ country
- Norway
- HQ region
- Europe
Offices2 records
Markets served
Salfjord As business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Salmon product sales: Production and sale of Atlantic salmon, trout, and rainbow trout as food product. Annual output of approximately 36,500 tonnes HOG (head-on gutted), equivalent to 180 million salmon meals per year. Pre-revenue phase; facility expected to begin production by 2027.
- Smolt production: Production of up to 30 million smolt per year, providing self-sufficiency in smolt supply and flexibility in production planning.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Salfjord As product offering
Product offeringCore offering
Salfjord AS develops and plans to operate land-based salmon farming facilities for Atlantic salmon, trout, and rainbow trout. Its flagship Salfjord I facility at Tjeldbergodden, Norway is designed to produce 36,500 tonnes HOG (head-on gutted) salmon annually (43,000 tonnes live weight) — equivalent to 500,000 salmon meals per day, year-round — using hybrid flow-through water technology, digital twin production optimisation, and integrated smolt production of 30 million smolt per year. Production is targeted to begin in 2027.
Product overview
Salfjord AS operates land-based salmon farming facilities using a modular approach. The core product is Salfjord I at Tjeldbergodden, one of Norway's largest land-based aquaculture facilities producing 36,500 tonnes HOG salmon annually (500,000 salmon meals per day). The facility uses Artec Aqua's hybrid flow-through technology with digital twin technology for production optimization and UV water treatment for biosecurity. Salfjord II at Hyttneset is a planned expansion to double capacity by 2035. The operation includes smolt production (30 million per year), grow-out facilities organized in five identical modules, and comprehensive risk management using bow-tie methodology. The production facility is designed with isolated biological zones and continuous water quality monitoring using FISHWELL 2 indicators.
Differentiator
Problem solved
Functional benefit
Products and services
- Salfjord I - Tjeldbergodden Land-Based Salmon Farm Salfjord's flagship land-based Atlantic salmon farming facility at Tjeldbergodden in Western Norway. Designed to produce 36,500 tonnes HOG salmon annually (equivalent to 500,000 meals per day year-round), using Artec Aqua hybrid flow-through technology, digital twin production optimisation, and integrated smolt production of 30 million smolt per year. Targeted for retail, wholesale, and food service B2B buyers globally.
- Atlantic Salmon, Trout, and Rainbow Trout Products
Quantifiable outcome
- 36,500 tonnes HOG salmon produced annually — equivalent to 180 million salmon meals or 500,000 meals per day, year-round
- +3 more outcomes
Companies that use Salfjord As
Customer profileSegments2 records
Ideal customer profiles2 records
Salfjord As technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
Salfjord As partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, major and minor.
- Artec Aqua Vaq AS (Endúr ASA subsidiary)coreStrategic industrial partnership for development of Salfjord's land-based salmon farming facility at Tjeldbergodden. Artec Aqua Vaq acts as turnkey supplier delivering full design, engineering, construction, and commissioning. Initial phase focuses on defining project scope, technical solutions, execution model, and construction cost estimates (FEED), targeted for completion by Q3 2026. Artec Aqua Vaq provides proven hybrid land-based farming technology — the most extensive track record in hybrid system design and delivery.
- Totalbetong AScoreSister company of Artec Aqua Vaq, serving as construction and civil works contractor for the facility. Will handle building and civil works as part of the turnkey execution model.
- Tverås Maskin og Transport ASmajorAwarded contract worth more than NOK 100 million for development of Salfjord's plot at Tjeldbergodden. Groundwork began in November 2024. The contract covers the entire Salfjord plot preparation for first construction phase (building start planned for 2026). Has experience from Sinkaberg Hansen's Svaberget industrial area development.
- NorconsultmajorProject management and construction management on behalf of Salfjord for groundwork at Tjeldbergodden. Assisted with project planning and selection of subcontractor. Also supported planning processes at Tjeldbergodden and on Salfjord II at Hyttneset. Conducting regulatory work, impact assessments, and socio-economic analyses.
- Polar Pel ASminorAssisting with quay facilities at Tjeldbergodden site during groundwork phase.
- iBugenminorCatering provider at Kjørsvikbugen for the Tjeldbergodden project site.
- RennsjøenminorProvided meeting spaces for project work at Tjeldbergodden.
- Tjeldbergodden ASminorProvided lodging/accommodation support for project personnel at Tjeldbergodden.
- Mellom ASminorSupplied temporary construction power at Tjeldbergodden site.
- Nordvest Elektro ASminorSupplied temporary construction power at Tjeldbergodden site.
- AllskogminorRemoved approximately 450 cubic meters of Sitka spruce vegetation from Tjeldbergodden site. Timber sent to regional process industry.
- ABBmajorDeveloped a process and energy simulator in close collaboration with Salfjord. ABB's simulation technology supports the digital twin of the plant for process and risk management, enabling close control and optimisation of production parameters.
- DoxacomminorExpert assistance secured for business development, communication, and sustainability management — crucial for the capital-raising process.
- Vindel ASminorLocal innovation company with whom Salfjord has worked closely on the project development.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
Salfjord As competitors and assessment
Company assessmentDirect peers
- Atlantic Sapphire: US/Norway-based land-based Atlantic salmon farmer operating one of the largest RAS salmon facilities in the world (Florida/Denmark). Closest comparable to Salfjord by product (land-based Atlantic salmon) and target market, with a high-profile execution track record that informs the category's risk profile.
- Andfjord Salmon: Norwegian land-based salmon farmer using a flow-through model at Kvalnes, Andøya. Comparable to Salfjord on species (Atlantic salmon), geography (Norway), and flow-through production concept, though at smaller scale and a different site profile.
- Salmon Evolution: Norwegian land-based salmon farmer that operates a hybrid flow-through facility at Indre Harøy using technology from Artec Aqua — the same technology platform Salfjord is deploying at Tjeldbergodden. Most directly comparable on geography, species, and core technology.
- Nordic Aquafarms: Land-based Atlantic salmon developer with projects in Norway (Fredrikstad) and the US (Maine). Competes in the same land-based salmon niche as Salfjord with a comparable RAS-based approach and similar target retail/foodservice customers.
- Pure Salmon Technology / Pure Salmon Group: Global land-based salmon farming developer with projects in multiple geographies. Operates in the same product category as Salfjord (land-based Atlantic salmon) with both facility development and proprietary RAS technology exposure.
Broad incumbents
- Akva Group: Leading global supplier of aquaculture technology, infrastructure, and services for both sea-based and land-based salmon farming. Comparable to Salfjord as a peer in land-based salmon technology delivery and as an alternative technology supplier to Artec Aqua.
- Mowi: World's largest Atlantic salmon producer with integrated farming, processing, and sales across Norway, Scotland, Chile, Canada, and Ireland. Sets the benchmark for global salmon supply, pricing, and offtake relationships relevant to Salfjord's B2B go-to-market.
- SalMar: One of the world's largest Atlantic salmon producers, primarily sea-based, with growing land-based/smolt operations. Comparable to Salfjord on species, geography (Mid-Norway), and customer base, and Salfjord's COO Robin Fladseth came from SalMar.
Others
- Endúr ASA: Norwegian industrial group and parent of Artec Aqua Vaq, Salfjord's turnkey technology/construction partner and conditional equity investor. Included as a peer because it sits on both sides of Salfjord's execution stack and has material exposure to Salfjord's outcome.
Regional players
- Sinkaberg Hansen: Mid-Norwegian Atlantic salmon producer (sea-based and processing) with prior land-based industrial-area development experience at Svaberget — referenced as a comparable regional model for Salfjord's Tjeldbergodden plot development executed by Tverås Maskin og Transport.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Salfjord As social profiles
Digital presenceSalfjord As compliance and trust
Trust signalCompliance1 record
Salfjord As financial estimates
Financial estimateRevenue estimate
Valuation estimate
Salfjord As leadership team
Management profileNumber of profiles
Profiles10 records
Salfjord As funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Salfjord As M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Salfjord As
What does Salfjord As do?
Salfjord AS develops and plans to operate land-based salmon farming facilities for Atlantic salmon, trout, and rainbow trout. Its flagship Salfjord I facility at Tjeldbergodden, Norway is designed to produce 36,500 tonnes HOG (head-on gutted) salmon annually (43,000 tonnes live weight) — equivalent to 500,000 salmon meals per day, year-round — using hybrid flow-through water technology, digital twin production optimisation, and integrated smolt production of 30 million smolt per year. Production is targeted to begin in 2027.
Is Salfjord As a public or private company?
Salfjord As is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Salfjord As founded?
Salfjord As was founded in 2018. It employs 1 to 10 people.
Where is Salfjord As based?
Salfjord As is headquartered in Aure, Norway, in the Europe region.
How does Salfjord As make money?
Two revenue lines are on record. Salmon product sales are the primary driver. The others are smolt production.
Who are Salfjord As's main competitors?
Direct peers on record are Atlantic Sapphire, Andfjord Salmon, Salmon Evolution, Nordic Aquafarms and Pure Salmon Technology / Pure Salmon Group. Broad incumbents are Akva Group, Mowi and SalMar. Endúr ASA is listed as an others. Sinkaberg Hansen is listed as a regional player.
Does Salfjord As have an API?
No public API is recorded for Salfjord As.
What industry is Salfjord As in?
Salfjord As's product category is Land-based Aquaculture (Salmon Farming). Its primary akta.pro industry code is AFANADAL, Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants). Its NAICS code is 112511 and its SIC code is 2092.