The Fish Storage Industry in Molde: Companies, Statistics, and Outlook

The fish storage industry in Molde consists of a small but stable industry with two registered companies. The most well-known actor is Horsgaard & Co As, which has been operational since 1973 and has 15 employees. The second actor, Majo Molde As, is newer and has no employees or revenue. The industry shows a mix of stability and uncertainty, with annual revenue of 23.2 million Norwegian kroner and growth of 8% in 2025. SmartGrunder can help entrepreneurs find suitable locations in Molde for fish storage operations.

The industry has annual revenue of 23.2 million Norwegian kroner in 2025, with growth of 8% compared to 2024. The number of employees has varied between 9 and 16 in recent years, with a current level of 12 employees. There is a clear variation in revenue, with a decline of 6.9% from 2016 to 2017, but an increase of 9.9% from 2024 to 2025. The EBITDA margin stands at 2%, indicating moderate profitability.

There are two companies registered in the fish storage industry in Molde:

1. Horsgaard & Co As (Hamnegata 43) – AS (limited liability company) form, established on October 20, 1973, 15 employees, revenue of 23.2 million Norwegian kroner, EBITDA of 616,000 Norwegian kroner.

1. Majo Molde As (Adjunkt Dørums gate 31) – AS (limited liability company) form, established on May 11, 2023, 0 employees, no revenue or income.

The organizational form of the registered companies is AS, and there are no companies in other organizational forms in this industry.

All companies in the fish storage industry in Molde are located in Molde. There is one activity center in the municipality, with 1 company and 15 employees. There is no distribution of activity to other districts or cities in the municipality.

There are no bankruptcy registrations for companies in the fish storage industry in Molde. Both companies are in operation, and there are no reports of bankruptcy or financial challenges. Horsgaard & Co As has a stable operation with 15 employees and revenue of 23.2 million Norwegian kroner, while Majo Molde As is new and has no operational results yet.

The fish storage industry in Molde shows stable development with 8% revenue growth in 2025. However, there is some uncertainty in the number of employees, which has varied between 9 and 16 in recent years. Horsgaard & Co As is a stable actor with 15 employees and revenue of 23.2 million Norwegian kroner. Entrepreneurs should consider opportunities to develop in an industry with a relatively small competitive market share, but with growth potential in a municipality with good infrastructure and tourism industries.

In the broader services sector in Molde, there are 73 companies, compared to only 2 companies in the fish storage industry. Revenue in the services sector grew by 2.5% from 2016 to 2017, but also experienced a decline of 27.7% from 2018 to 2019. In contrast to the fish storage industry, which has stable revenue of 23.2 million Norwegian kroner, the services sector has a much higher revenue of 1.3 billion Norwegian kroner in 2025. There is also a clear difference in the number of employees, with 614 employees in the services sector compared to 12 employees in the fish storage industry.

The fish storage industry in Molde is a small but stable sector with two companies and revenue of 23.2 million Norwegian kroner. Horsgaard & Co As is the dominant actor with 15 employees and stable operations. The industry shows potential for growth, especially in a municipality with good infrastructure and tourism industries. Entrepreneurs should consider opportunities to develop in an industry with a relatively small competitive market share, but with opportunities to leverage local business culture and tourism industries.