Trade Bakkafrost - BAKKA CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 1.6
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentNOK 1,000.00Overnight funding adjustmentCharges from full value of position-0.02397 %(-NOK 4.80)Trade size with leverage ~ NOK 20,000.00Money from leverage ~ $NOK 19,000.00Go to platform: -0.02397%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentNOK 1,000.00Overnight funding adjustmentCharges from full value of position0.00175 %(NOK 0.40)Trade size with leverage ~ NOK 20,000.00Money from leverage ~ $NOK 19,000.00Go to platform: 0.00175%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: NOK
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Norway
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: NOK 1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02397 %
  (-NOK 4.80)

• Margin. Your investment: NOK 1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00175 %
  (NOK 0.40)

Key Stats

• Prev. Close: 440.3
• Open: 441.5
• 1-Year Change: -7.23%
• Day's Range: 440.1 - 445.1

Trade Bakkafrost - BAKKA

About Bakkafrost P/F

P/F Bakkafrost is a fish farming company, based in the Faroe Islands. Its main business area is aquaculture and it consists of three segments: Fish Farming; Value Added Products (VAP); and Production and Sale of Fish Meal, Oil and Feed. It is engaged in all production steps of sea farming, from salmon roe to harvested fish. The salmon is partly sold for salmon products and exported to foreign seafood processing companies. In addition, it operates VAP processing facilities, in which the fresh salmon is used as raw material for production of value added salmon. Through its subsidiary, Havsbrun, it produces fish oil, fish meal, fish feed and smolt. The Company operates licenses on 19 farming sites, located in 18 different fjords. The Company primarily sells its products on the European market, as well as in the United States. In April 2014, Bakkafrost BF, via subsidiary Havsbrun, purchased further 41.15% in Hanstholm Fiskemelsfabrik and now holds 81.01% stake.

Financial summary

BRIEF: For the nine months ended 30 September 2021,Bakkafrost P/F revenues increased 16% to DKR4.07B. Netincome increased 93% to DKR967.2M. Revenues reflect FarmingFO segment increase of 80% to DKR2.03B, Fish Meal, Oil andFeed segment increase of 35% to DKR479.3M. Net incomebenefited from Fair value adjustments of biological assincrease from DKR140.4M to DKR574.8M (income), Net currencyeffects increase from DKR610K to DKR23.5M (income).