In Konungs Skuggsjá it is speculated that there are precisely two of them.
From Laurence M. Larson's translation, The King's Mirror P. 125:
There is a fish not yet mentioned which it is scarcely advisable to
speak about on account of its size, which to most men will seem
incredible. There are, moreover, but very few who can tell anything
definite about it, inasmuch as it is rarely seen by men; for it almost
never approaches the shore or appears where fishermen can see it, and
I doubt that this sort of fish is very plentiful in the sea. In our
language it is usually called the "kraken." I can say nothing definite
as to its length in ells, for on those occasions when men have seen
it, it has appeared more like an island than a fish. Nor have I heard
that one has ever been caught or found dead. It seems likely that
there are but two in all the ocean and that these beget no offspring,
for I believe it is always the same ones that appear. Nor would it be
well for other fishes if they were as numerous as the other whales,
seeing that they are so immense and need so much food.