HOFSETH BIOCARE ASA
Sector unknown·HBC · Oslo Børs·Fiscal year to 31/12/2024
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Agriculture and food production
End markets
Market
“In addition to targeting multiple segments within human nutrition, such as sports nutrition, supplements, and health foods, the Group also serves the pet and feed industries, further reducing reliance on any single market.”
Annual report 2024A · The company itself
Chains in: Grain and agricultural commodities mixed effect, Climate change and extreme weather weakens, Grocery retail and private label weakens
Aquaculture and fish feed
End markets
Market
“The Group operates solely in the production of marine ingredients, namely salmon oil (OmeGo®), hydrolyzed soluble protein (ProGo®), Calcium/ Collagen (CalGo® or NT-II™), and non- soluble protein (PetGo™), all of which are produced in the Midsund plant.”
Annual report 2024A · The company itself
Beer and beverages
End markets
Market
“In addition to targeting multiple segments within human nutrition, such as sports nutrition, supplements, and health foods, the Group also serves the pet and feed industries, further reducing reliance on any single market.”
Annual report 2024A · The company itself
Chains in: Grain and agricultural commodities strengthens, Consumer preference shifts mixed effect, Packaging weakens
Diabetes care
Technology
StrategyPositive impact: strengthens
“Hofseth BioCare enters 2025 with renewed determination to advance its sustainable business model and realize our vision of improving lives through science-led marine nutrition. Building on the strong foundations and strategic achievements of 2024, including robust market performance, significant R&D progress, and resilience in a complex global environment, we are confident in our ability to drive continued growth and innovation in both human and pet nutrition.”
Annual report 2024A · The company itself
Premium consumers
End markets
Market
“In addition to targeting multiple segments within human nutrition, such as sports nutrition, supplements, and health foods, the Group also serves the pet and feed industries, further reducing reliance on any single market.”
Annual report 2024A · The company itself
Chains in: Consumer spending strengthens
Shipping and logistics
End markets
StrategyPositive impact: strengthens
“The group intends to transport more goods by rail and boat if solutions for such transport can compete with road transport regarding speed and infrastructure.”
Annual report 2024A · The company itself
Chains in: Carbon tax and ETS prices weakens, Global trade volumes strengthens, Fuel strengthens
Geopolitical uncertainty
Macro
DriverNegative impact: weakens
“Recent geopolitical uncertainties, including ongoing wars and significant political changes observed in 2024 and anticipated into 2025, have added a layer of complexity to the global market environment. These developments can disrupt supply chains, alter regulatory landscapes, and affect consumer confidence, potentially leading to fluctuations in demand and pricing.”
Annual report 2024A · The company itself
Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine
Other currencies
Macro
DriverNegative impact: weakens
“Hofseth BioCare conducts transactions in multiple currencies, primarily US dollars and Euros. Exchange rate fluctuations inherently affect both the cost of raw materials and the pricing of products sold internationally.”
Annual report 2024A · The company itself
USD vs DKK/EUR
Macro
DriverNegative impact: weakens
“Hofseth BioCare conducts transactions in multiple currencies, primarily US dollars and Euros. Exchange rate fluctuations inherently affect both the cost of raw materials and the pricing of products sold internationally.”
Annual report 2024A · The company itself
Chains out: this mixed effect United States
Interest rates
Macro
DriverMixed impact: mixed
“Interest rate risk (own financing, deposits) Changes in general interest rates can influence the cost of financing as well as the value of the Group’s assets.”
Annual report 2024A · The company itself
Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction
Asia and emerging markets
Geography
Geography
“With distributors operating in more than 60 countries, local market expertise is leveraged to tailor sales strategies across Europe, North America, and Asia.”
Annual report 2024A · The company itself
Europe
Geography
Geography
“With distributors operating in more than 60 countries, local market expertise is leveraged to tailor sales strategies across Europe, North America, and Asia.”
Annual report 2024A · The company itself
United States
Geography
Geography
“With distributors operating in more than 60 countries, local market expertise is leveraged to tailor sales strategies across Europe, North America, and Asia.”
Annual report 2024A · The company itself
Chains in: USD vs DKK/EUR mixed effect
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 0.26 bn NOK |
| Revenue growth vs. the year before, same method | 34.6 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | 0.15 bn NOK |
| Diluted EPS per share | -0.3 NOK |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | ✗ |
| Growing | ✓ |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (NOK), not converted to DKK. Quotes are shown as the company's own words in the report's original language.