Norwegian salmon smoker and processor Seaman Seafood filed for bankruptcy on Jan 16, with an uncovered loss of just over NOK 10 million (€1 million/$1.2 million).

"We just had to pull out," said Nils Martin Williksen, a salmon farmer who owns a 50 percent stake in the company, which is located in Tønsberg.

At the end of 2017, Seaman Seafood had lost all capital -- the company had book equity of minus NOK 7.6