Atlas Food A/S with registered office in Nørresundby in North Jutland is the name of a trading company unknown to the public, which has found wind in its sails.
The company is the largest subsidiary in the Polar Seafood Denmark group.
Atlas Food A/S with registered office in Nørresundby in North Jutland is the name of a trading company unknown to the public, which has found wind in its sails.
The company is the largest subsidiary in the Polar Seafood Denmark group.
Atlas Food is what can be described as a medium-sized international food merchant. Buying and selling food worldwide – from Europe to Africa and the Far East – can open up new opportunities.
Sales of fish and shellfish products and now also meat in the subsidiary company Atlas Food are driving up the turnover in the billion-dollar group Polar Seafood Denmark.
The trading house within the buying and selling of especially frozen beef and pork is thus on the growth track. The company also buys and sells vegetables, chicken products, fish and dairy products.
Revenue of around DKK 800 million. DKK
– It has developed into a fairly large international business, which last year had a turnover of around DKK 800 million, says Henrik Leth, chairman of the board of Atlas Food and managing director of Polar Seafood Denmark.
In 2025, Polar Seafood Denmark in Vodskov near Nørresundby had a turnover of DKK 4.7 billion against DKK 4.2 billion in 2024. The profit after tax was DKK 172 million last year.
Henrik Leth is well satisfied that Polar Seafood Denmark has spread the activities from the production and sale of seafood to a new business area. You can say that Atlas Food is a successful strategic venture.
– Atlas Food is our largest subsidiary, and it contributes positively to the total turnover in Polar Seafood Denmark, he says.
He explains that Polar Seafood Denmark has had to expand its business with Atlas Food a few years ago because Polar Seafood Greenland loses quotas in, among other things, Greenland.
– That is why we have had to get revenue in other ways to avoid becoming vulnerable to a decrease in fishing and shrimp quotas, says Henrik Leth.
Three got the idea
It was Atlas Food’s current director Jesper Hyldig Nielsen who, together with partners Anders Grønnebæk and Thomas Rask, got the idea for the trading company.
The three got two of Polar Seafood Denmark’s former owners, Helge Nielsen and Bent Norman Petersen, involved in the project to create a new business leg in the group. Atlas Food had its first financial year in 2020.
– We planted our idea with the former management of Polar Seafood Denmark. And they were involved in it, says Jesper Hyldig Nielsen.
At the office in Nørresundby, Atlas Food’s staff has grown from the three idea men in 2020 to today’s 23 employees and managers.
Thomas Rask is sales director, while Anders Grønnebæk has other managerial duties. The three promoters together hold 49 percent and Polar Seafood Denmark 51 percent of the shares in Atlas Food.
– In 2025, when we opened an office in Copenhagen, we had both growth in turnover and number of orders, says Jesper Hyldig Nielsen.
In 2025, the company had an operating profit of DKK 21 million against DKK 13 million the previous year. The aim is, in the wake of the good 2025 accounts, according to the director of the trading company, to further boost turnover.
Stays away from China and the Middle East
Atlas Food buys the pork and beef in Europe, the USA, Canada, Brazil and Argentina.
– We buy a lot of meat in Europe and some in South America. Most of the sales are in the Far East and Africa. We have quite good business in the Philippines, Malaysia, Vietnam, Singapore, South Korea and Malaysia.
– Furthermore, we sell well in West and East Africa, especially in Ghana and Senegal. But we stay outside of China and the Middle East, says Jesper Hyldig Nielsen.
As previously mentioned, Polar Seafood Denmark is on its way to being completely in Greenlandic hands. Greenland’s Polar Seafood Greenland, with Miki Brøns, Bent and Laila Salling as the main owners, has, as we reported earlier this month, entered into a conditional agreement to buy the Icelandic fishing giant Brim hf’s 50 percent stake in the Danish company.
This is a purchase of DKK 925 million. Previously, Polar Seafood Greenland owned half of Polar Seafood Denmark.
