Commercial Credit Report for NORDIC AQUA PARTNERS AS

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	NORDIC AQUA PARTNERS AS
C. J. Hambros plass 2c
	OSLO, 0164 Norway	Ticker: NOAPNOAP

Business Summary

Nordic Aqua Partners AS is a Norway-based salmon farming company, using cutting-edge Nordic technology to set up a fully integrated and commercially scaled Recirculating Aquaculture System (RAS) farm for Atlantic salmon located in Ningbo, China.Its mission is to be first to deliver live and locally farmed Atlantic salmon direct to the Chinese consumer, saving airfreight cost and import duties and significantly reduce carbon footprint. The RAS farm is located on the Gaotang island, in Xiangshan county of Ningbo municipality, providing logistics to Greater Shanghai and the rest of China. The dedicated land area has a potential to accommodate an annual production capacity of 16,000 tons, with further expansion option to reach annual capacity of 40,000 tons of Atlantic salmon.

(Source: F-4)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2022	Yes	-	-	-	-

Industries

SIC Code	Description
0273	Animal aquaculture

Business Names

Business Name
7W2
NOAP

General Information

Number of Employees:	40	(As of 12/31/2022)
Outstanding Shares:	16,334,089	(As of 12/31/2023)
Shareholders:	522
Stock Exchange:	OSL

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