EQOLOGY AS – Q4 Report 2020: 

Strong growth of + 59,7 % in Q4 2020 vs. last year

The growth of the company continued in fourth quarter and reached 
84 MNOK in sales Q4 2020 vs. 52,6 MNOK last year, which was a growth of + 59,7 % vs. Q4 last year.  

YTD (Jan-Dec) 2020 the company reached a turnover of 267 MNOK vs. 191 MNOK last year, which was a growth of 39,5 % in turnover for 2020 and all-time high for the company.  

In Q4, the company continued its focus on innovation and development of health concepts, and launched Pure Arctic Oil for Kids, a new Omega-3 oil for kids in the age group 3-16 years. The company also launched a Christmas promotion “Give health for Christmas” and value packs of Pure Arctic Oil (Omega-3) for the whole family. In November, the company held the European digital convention with record number of visitors.    

For questions, contact:

Roar Arnstad
CEO
E-mail: roar.arnstad@eqology.no

Christian Espeseth
Chairman of the board