Michael Bäärnhielm, CEO of NP Innovation, on the year that was and the year to come.
2024 was the year in which NP Innovation reached new heights.
Through expansion, growth, and an exceptionally strengthened organization, we took a giant step forward in 2024 – all thanks to the hard work of 2023.
So, what are the standout highlights of 2024?
With 10 new employees and through our recent acquisition of the Icelandic company Aqua.is – we've grown in both revenue and scale.
We've seen significant growth over the year, with a CAGR (compound annual growth rate) of 30% since 2021. In 2024, the strong performance of our revolutionary Discfilter combined with the successful launch of the new modular Degasser SQ-series – growth has continued and will continue.
We've also grown within the organization – in terms of routines and processes related to quality and the working environment.
2024 has simply been the year in which we've been able to reap the fruits of previous year’s hard work. We've made great strides in development, resulting in dramatic and positive changes for both the organization and our customers. We're heading into 2025 with plenty of momentum…
In 2025, we will continue these initiatives, not least in aftermarket services, launching new products, and increasing our presence and commitment in the global market. By continuing to support and find innovative solutions for our customers, NP Innovation will keep on being a reliable partner within the aquaculture industry.