Salmon inheritance earned three billion kroner last year

27-year-old Gustav M. Witzøe is ranked by Forbes magazine as the world’s third youngest dollar billionaire. In 2019, he had that DN has previously written a taxable asset of NOK 20.7 billion.

The money continues to flow in, even though the profit before tax in 2019 was NOK 200 million weaker than the year before. The profit ended at just over three billion kroner.

The accounts from the family company Kvarv as show that turnover increased from NOK 17.9 billion in 2018 to NOK 18.8 billion in 2019.

Gustav M. Witzøe owns almost all the shares in Kvarv as, but his father Gustav Witzøe has control through owning most of the a-shares. Kvarv as is, among other things, the largest and controlling owner in the salmon company Salmar.

E24 mentioned the figures first. Kvarv sends a greeting to the Ministry of Finance in the accounts, with the hope that the 639 million the group’s companies will pay in tax will be to their delight.(Terms)Copyright Dagens Næringsliv AS and / or our suppliers. We would like you to share our cases using a link, which leads directly to our pages. Copying or other form of use of all or part of the content, can only take place with written permission or as permitted by law. For additional terms look here.