Sjøvik

What Sjøvik does

Sjøvik AS is a Norwegian privately held seafood company founded in 1903, headquartered in Midsund, Norway, with a secondary office in Kristiansund. The company operates as a vertically integrated fishing and processing enterprise, combining commercial fishing operations with onshore seafood processing and export services. Its service offerings span three integrated lines: vessel operation (managing day-to-day fishing activities), vessel management (comprehensive fleet oversight), and processing (post-catch seafood processing). Sjøvik sells a portfolio of seafood products spanning various fish species, marketed under proprietary quality and sustainability labels.

The business model is built on capturing margin across the seafood value chain — from catching through processing to export — rather than focusing on a single stage. The company sells certified seafood under its own label program and operates a dedicated sustainability program covering its fishing and processing operations. The company maintains two physical locations (Midsund and Kristiansund) on the Norwegian coast, indicative of its coastal Norway operating footprint and likely proximity to North Atlantic fishing grounds.

Headcount is reported in the 251–500 range, consistent with a mid-sized vertically integrated fishing operation that includes fleet crews and processing plant staff. No revenue figures, customer names, ownership structure details, or management roster were disclosed in the available source material. The corporate website is functional but contains limited substantive content beyond navigation, and the listed copyright is 2023. The company has no disclosed parent, subsidiaries, funding rounds, M&A activity, public listing, app products, or API/technology platforms.

Name

Sjøvik

Legal name

Sjøvik AS

Website

https://sjovik.no

Company type

Private

Founded year

1903

Operating status

Operating

Headcount range

251–500 employees

Short description

Sjøvik AS is a Norwegian privately held, vertically integrated seafood company (founded 1903) that combines commercial fishing, vessel operation and management, seafood processing, and certified seafood export from bases in Midsund and Kristiansund.

Ownership category

akta.pro rank

Product category

Seafood Processing

NAICS

Seafood Product Preparation and Packaging (311710), Other Marine Fishing (114119)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro primary industry

Frozen Seafood Meals & Value-Added Seafood (CRADADAG)

Keywords

• Commercial fishing
• Seafood processing
• Vessel management
• Seafood export
• Fish processing services

Headquarters

HQ city

Midsund

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Core offering

Sjøvik is a Norwegian fishing and seafood processing company that operates its own fishing vessels and processes the catch into seafood products marketed under its proprietary labels. In addition to producing seafood products, the company sells vessel operation, vessel management, and seafood processing services to other fishing operators, working from sites in Midsund and Kristiansund.

Product overview

Sjøvik is a Norwegian seafood company operating as a vertically integrated fishing and processing enterprise. The offering consists of a core seafood products division (including various fish species under the company's own labels) supported by a services division providing vessel operation, vessel management, and seafood processing capabilities. The company manages fishing vessels and operates processing facilities, with a focus on sustainability-certified seafood products marketed under its proprietary label program.

Differentiator

Problem solved

Functional benefit

Products and services

• Seafood Products Sjøvik's commercial seafood offering, comprising various fish species handled and sold by the company, marketed under its own sustainability and quality labels.
• Vessel Operation Service for managing day-to-day activities of fishing vessels, provided by Sjøvik to fishing operators.
• Vessel Management Comprehensive management services for fishing vessels, offered by Sjøvik to vessel owners and operators.
• Processing Seafood processing services for caught fish, performed by Sjøvik's processing facilities and supplied to other fishing operators or used to support Sjøvik's own product line.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• SalMar ASA: Major Norwegian salmon farming and processing company with growing consumer-products activity. Broad incumbent in Norwegian seafood rather than a direct wild-catch competitor to Sjøvik.
• Mowi ASA: World's largest Atlantic salmon farmer with significant processing and branded product operations. Overlaps with Sjøvik on Norwegian processing and seafood branding but is dominated by aquaculture rather than wild-catch.
• Maruha Nichiro Corporation: One of the world's largest seafood companies with wild-catch, aquaculture, processing, and global branded distribution. Comparable only at the broad-portfolio seafood level rather than as a Norwegian-focused competitor.
• Thai Union Group PCL: Global seafood conglomerate with branded shelf-stable and frozen seafood products. Comparable on the processed/branded seafood angle but operates globally and across many species.

Direct peers

• Lerøy Seafood Group ASA: Large Norwegian vertically integrated seafood group with wild-catch, aquaculture, processing, and own-label sales. Highly comparable to Sjøvik's catch-to-label model, but at much larger scale and with significant aquaculture exposure.
• Austevoll Seafood ASA: Norwegian seafood group combining wild-catch, aquaculture, processing, and distribution through subsidiaries including Havfisk. Comparable integrated Norwegian seafood model to Sjøvik.
• Clearwater Seafoods: North Atlantic wild-caught shellfish and groundfish processor with branded retail products. Comparable on species-portfolio processing and own-label retail strategy in cold-water fisheries.
• Norway Pelagic ASA: Norwegian processor and trader of pelagic fish species. Comparable to Sjøvik on the species-diversified processing side and on Norwegian coastal processing footprint.
• Havfisk ASA: Norwegian wild-catch trawler company focused on cod and other groundfish, owned by Austevoll Seafood. Closest direct comparison on the catching/processing side for wild whitefish in Norwegian waters.
• Royal Greenland A/S: Greenland/Denmark-based vertically integrated wild-catch seafood company with processing and own-brand sales. Closest non-Norwegian comparable on the cold-water wild-catch processing model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sjovik-morocco

Revenue estimate

Valuation estimate

Number of profiles

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 Sjøvik