A damning new report from investment bank Carnegie is urging investors to avoid Grieg Seafood shares as the company’s finances appear to be in dire straits with “no room for error ahead in 2021."

In his report, analyst Lars Konrad Johnsen says he expects Grieg Seafood will “run out of cash” in the second half of 2021 unless salmon prices rise sharply over the coming months, which it believes is “unlikely."