creates values along the coast
Wider economic impacts from Nergård’s activity in 2018
What do we create?
Direct and indirect employment
In 2018, the Nergård Group had 333 employees spread across 11 companies
Where Nergård creates activity
Nergård paid advance tax of NOK 93.9 million
The group’s direct value creation
The value creation effect in Northern Norway was NOK 1.14 billion
SUMMARY OF THE WIDER ECONOMIC IMPACTS
The Nergård Group is entirely located in Northern Norway, but the report shows that wider economic impacts are created that stretch out of the region to much of the country.
In 2018, Nergård purchased raw materials, goods and services totalling NOK 1,941 billion from 1,141 different suppliers. If we combine purchases from cooperatives and other seafood companies, this accounted for NOK 1.3 billion, or 65% of Nergård’s total purchasing. The remaining purchases totalled NOK 613 million and were from 1,072 different suppliers.
Nergård employed 2,405 people directly and indirectly in 2018. This includes the group’s own employees, as well as the employment generated in the fleet and the supplier industry.
The companies in the Nergård Group paid advance tax NOK 93.9 million in 2018. Furthermore, the group paid employer’s national insurance contributions totalling NOK 5.7 million.
The group’s combined value creation effect (value creation and wider economic impacts) was NOK 2.13 billion in 2018.
The Nergård Group’s value creation in 2018 totalled NOK 672 million.
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