Norwegian Cod Farmer Ode Becomes First in History to Deliver a Profitable Full Year
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Ode, Norway's largest farmed cod producer, has achieved what no cod farming company has managed since the industry's early attempts in the 2000s — a full year of profitability. The company reported a net profit of NOK 66 million ($7 million) in 2025, a NOK 301 million improvement from the prior year.
Revenue more than doubled, growing 118.7% from NOK 401 million in 2024 to NOK 877 million ($91 million). EBITDA reached NOK 109 million ($11 million)...
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