The Norwegian aquaculture company had turnover of NOK46 million (€5.3 million/$7.7 million), compared to NOK 52.5 million (€6.1 million/$8.7 million) in the same quarter of last year.

Its operating loss was NOK 23 million (€2.7 million/$3.8 million), compared to a loss of NOK 492,000 (€57,155/$81,895) last year.

Villa Organic’s result before taxes was a loss of NOK 18.6 million (€2.2 million/$3.1 million), compared with last year's loss of NOK 6.5 million (€755,096/$1.1 million).

Villa Organic has not harvested and sold its own fish during the second quarter; revenue in the company this quarter is the result of trade in fish.

Villa