Kaldvik - Public Comps and Valuation Multiples

Kaldvik Overview

About Kaldvik

Kaldvik AS, formerly Ice Fish Farm AS provides salmon fishes. The company is engaged in the breeding activity of salmon fishes in Iceland and selling them to its customers across different locations. Geographically, the company generates a majority of its revenue from the European Union followed by the United States, and Iceland.

Founded

2020

HQ

Employees

207

Website

kaldvik.is

Sectors

Agriculture

Financials

LTM Revenue $139M

LTM EBITDA $13.7M

EV

$386M

Valuation Multiples

Multiples.vc

Valuation Multiples for 15K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

Kaldvik Financials

As of September 2025, Kaldvik reported last 12-month revenue of $139M and EBITDA of $13.7M.

In the same period, Kaldvik generated $92.1M in LTM gross profit and -$35.4M in net income.

See Kaldvik valuation multiples based on analyst estimates

Kaldvik P&L

In the most recent fiscal year, Kaldvik reported revenue of $10.1M and EBITDA of -$0.9M.

Kaldvik expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Kaldvik valuation multiples based on analyst estimates

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue	$139M	XXX	$10.1M	XXX	XXX	XXX
Gross Profit	$92.1M	XXX	$2.9M	XXX	XXX	XXX
Gross Margin	66%	XXX	28%	XXX	XXX	XXX
EBITDA	$13.7M	XXX	-$0.9M	XXX	XXX	XXX
EBITDA Margin	10%	XXX	-9%	XXX	XXX	XXX
EBIT	-$0.6M	XXX	-$1.9M	XXX	XXX	XXX
EBIT Margin	0%	XXX	-19%	XXX	XXX	XXX
Net Profit	-$35.4M	XXX	-$3.0M	XXX	XXX	XXX
Net Margin	-25%	XXX	-30%	XXX	XXX	XXX
Net Debt	XXX	XXX	$16.3M	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

.seo-only-financials-wrapper { position: static; left: auto; width: auto; height: auto; overflow: visible; }

Financial performance metrics for Kaldvik including revenue, profitability, and margin analysis across different time periods. The company reported last twelve months revenue of $139M. EBITDA for the last twelve months was $13.7M. In the most recent fiscal year, Kaldvik achieved $10.1M in revenue and -$0.9M in EBITDA.
Financial Metric	Last Twelve Months (LTM)	Next Twelve Months (NTM)	Most Recent Fiscal Year	Current Fiscal Year (2025)	Next Fiscal Year (2026)	Two Years Forward (2027)
Total Revenue	$139M	Analyst estimates available to subscribers	$10.1M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit	$92.1M	Analyst estimates available to subscribers	$2.9M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit Margin	66.3% gross margin	Analyst estimates available to subscribers	28.2% gross profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortization)	$13.7M	Analyst estimates available to subscribers	-$0.9M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA Margin	9.8% EBITDA margin	Analyst estimates available to subscribers	-8.7% EBITDA margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT (Earnings Before Interest and Taxes)	-$0.6M	Analyst estimates available to subscribers	-$1.9M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT Margin	-0.4% EBIT margin	Analyst estimates available to subscribers	-19.2% EBIT margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Income (Net Profit)	-$35.4M	Analyst estimates available to subscribers	-$3.0M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Profit Margin	-25.4% net profit margin	Analyst estimates available to subscribers	-30.0% net profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Debt Position	Detailed debt information available to subscribers	Detailed debt information available to subscribers	$16.3M	Detailed debt information available to subscribers	Detailed debt information available to subscribers	Detailed debt information available to subscribers

Financial Performance Summary for Kaldvik

This financial data table provides comprehensive performance metrics for Kaldvik, a company based in Norway. The metrics include revenue, profitability measures, and operational efficiency indicators across multiple time periods.

Recent Performance Highlights

Kaldvik generated $139M in revenue over the last twelve months.
The company achieved $13.7M in EBITDA over the last twelve months.
Gross profit for the last twelve months was $92.1M.
Net income over the last twelve months reached -$35.4M.

Fiscal Year Performance

In the most recent fiscal year, Kaldvik reported $10.1M in total revenue.
Fiscal year EBITDA was -$0.9M.
The company maintained a gross profit margin of 28.2% in the most recent fiscal year.
EBITDA margin for the fiscal year was -8.7%.
Net profit margin reached -30.0% in the most recent fiscal year.

This financial data is sourced from Morningstar, Inc. and represents the most recent available information for Kaldvik. Forward-looking estimates and detailed financial projections are available through our premium subscription service.

Kaldvik Stock Performance

Kaldvik has current market cap of NOK 2.1B (or $208M), and EV of NOK 3.9B (or $386M).

Market Cap Evolution

Kaldvik Stock Data

As of October 17, 2025, Kaldvik's stock price is NOK 12 (or $1).

See Kaldvik trading valuation data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$386M	$208M	XXX	XXX	XXX	XXX	$-0.15

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Kaldvik Valuation Multiples

Kaldvik's trades at 38.1x EV/Revenue multiple, and -436.8x EV/EBITDA.

See valuation multiples for Kaldvik and 15K+ public comps

Kaldvik Financial Valuation Multiples

As of October 17, 2025, Kaldvik has market cap of $208M and EV of $386M.

Equity research analysts estimate Kaldvik's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Kaldvik has a P/E ratio of -5.9x.

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Market cap (current)	$208M	XXX	$208M	XXX	XXX	XXX
EV (current)	$386M	XXX	$386M	XXX	XXX	XXX
EV/Revenue	2.8x	XXX	38.1x	XXX	XXX	XXX
EV/EBITDA	28.2x	XXX	-436.8x	XXX	XXX	XXX
EV/EBIT	-651.8x	XXX	-197.8x	XXX	XXX	XXX
EV/Gross Profit	4.2x	XXX	n/a	XXX	XXX	XXX
P/E	-5.9x	XXX	-68.7x	XXX	XXX	XXX
EV/FCF	-9.0x	XXX	-100.4x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Kaldvik Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Kaldvik Margins & Growth Rates

Kaldvik's last 12 month revenue growth is 29%

Kaldvik's revenue per employee in the last FY averaged $49K, while opex per employee averaged $23K for the same period.

Kaldvik's rule of 40 is 122% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Kaldvik's rule of X is 82% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Kaldvik and other 15K+ public comps

Kaldvik Operational Valuation Multiples

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue Growth	29%	XXX	332%	XXX	XXX	XXX
EBITDA Margin	10%	XXX	-9%	XXX	XXX	XXX
EBITDA Growth	229%	XXX	157%	XXX	XXX	XXX
Rule of 40	122%	XXX	20%	XXX	XXX	XXX
Bessemer Rule of X	XXX	XXX	82%	XXX	XXX	XXX
Revenue per Employee	XXX	XXX	$49K	XXX	XXX	XXX
Opex per Employee	XXX	XXX	$23K	XXX	XXX	XXX
S&M Expenses to Revenue	XXX	XXX	1%	XXX	XXX	XXX
G&A Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
R&D Expenses to Revenue	XXX	XXX	0%	XXX	XXX	XXX
Opex to Revenue	XXX	XXX	47%	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry

Start Free Trial