Backed with Kahoot money, this company is targeting 100,000 metric tons of wild and farmed cod production

Norway's Vesteralen Havbruk has some ambitious plans.

The company's executives want to produce a combined 100,000 metric tons of cod, 75,000 metric tons of which would come from cod farming operations, with the remaining 25,000 metric tons coming from wild-caught fish -- a quarter of the current Norwegian cod quota.

The moves would drive sales to NOK 1 billion (€98.5 million/$111 million) for the company, which is also eyeing a listing on the Oslo Stock Exchange.

"There is no one here who thinks that these are castles in the sky," Vesteralen Havbruk General Manager Brynjar Kværnstuen told IntraFish sister publication Fiskeribladet.