The activities in Austevoll Seafood comprise production, sale and distribution of fishmeal, fish oil and Omega 3 oils and various fish products (fresh, frozen and canned fish) for human consumption. Fishmeal and fish oil are mainly made out of anchovies and cut-offs from production for human consumption and sold as ingredients in fish feed. The company is highly exposed towards quota regulations, raw material prices and the price on fishmeal and fish oil. Value adjustments of biological assets (fish in sea) based on market prices of salmon and trout on the balance day may lead to large earnings fluctuations.