Måsøval AS
Måsøval AS, an aquaculture company, produces and sells salmon in Norway and internationally. The company was founded in 1973 and is headquartered in Frøya, Norway. Måsøval AS operates as a subsidiary of Måsøval Eiendom AS.
Måsøval AS (9QP) - Net Assets
Latest net assets as of September 2025: €1.83 Billion EUR
Based on the latest financial reports, Måsøval AS (9QP) has net assets worth €1.83 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.18 Billion) and total liabilities (€3.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.83 Billion |
| % of Total Assets | 35.45% |
| Annual Growth Rate | 34.54% |
| 5-Year Change | 277.26% |
| 10-Year Change | N/A |
| Growth Volatility | 66.76 |
Måsøval AS - Net Assets Trend (2019–2024)
This chart illustrates how Måsøval AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Måsøval AS (2019–2024)
The table below shows the annual net assets of Måsøval AS from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.86 Billion | +3.63% |
| 2023-12-31 | €1.79 Billion | -9.94% |
| 2022-12-31 | €1.99 Billion | +47.27% |
| 2021-12-31 | €1.35 Billion | +174.50% |
| 2020-12-31 | €492.02 Million | +16.92% |
| 2019-12-31 | €420.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Måsøval AS's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 140.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €938.82 Million | 51.40% |
| Other Components | €887.80 Million | 48.60% |
| Total Equity | €1.83 Billion | 100.00% |
Måsøval AS Competitors by Market Cap
The table below lists competitors of Måsøval AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Odysight.ai Inc. Common Stock
OTCQB:ODYS
|
$65.34 Million |
|
ISDN Holdings Limited
F:I8D
|
$65.35 Million |
|
Dredging Corporation of India Limited
NSE:DREDGECORP
|
$65.35 Million |
|
DouYu International Holdings
NASDAQ:DOYU
|
$65.36 Million |
|
BYGGPARTNER GRUPPEN
F:H05
|
$65.28 Million |
|
Arch Biopartners Inc
OTCQB:ACHFF
|
$65.25 Million |
|
452280
KQ:452280
|
$65.22 Million |
|
Columbus Acquisition Corp Ordinary Shares
NASDAQ:COLA
|
$65.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Måsøval AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,752,742,000 to 1,826,614,000, a change of 73,872,000 (4.2%).
- Net income of 147,354,000 contributed positively to equity growth.
- Dividend payments of 61,254,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €147.35 Million | +8.07% |
| Dividends Paid | €61.25 Million | -3.35% |
| Other Changes | €-12.23 Million | -0.67% |
| Total Change | €- | 4.21% |
Book Value vs Market Value Analysis
This analysis compares Måsøval AS's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.14x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.53x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €3.85 | €2.03 | x |
| 2020-12-31 | €4.51 | €2.03 | x |
| 2021-12-31 | €10.77 | €2.03 | x |
| 2022-12-31 | €15.94 | €2.03 | x |
| 2023-12-31 | €14.31 | €2.03 | x |
| 2024-12-31 | €14.91 | €2.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Måsøval AS utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.04%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.87x
- Recent ROE (8.07%) is below the historical average (19.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 29.43% | 14.40% | 0.75x | 2.72x | €80.70 Million |
| 2020 | 40.94% | 22.44% | 0.53x | 3.43x | €150.49 Million |
| 2021 | 12.45% | 14.71% | 0.29x | 2.93x | €32.31 Million |
| 2022 | 31.80% | 32.71% | 0.38x | 2.55x | €425.66 Million |
| 2023 | -7.75% | -5.66% | 0.47x | 2.94x | €-311.18 Million |
| 2024 | 8.07% | 6.04% | 0.47x | 2.87x | €-35.31 Million |
Industry Comparison
This section compares Måsøval AS's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,946,044,369,428
- Average return on equity (ROE) among peers: -13.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Måsøval AS (9QP) | €1.83 Billion | 29.43% | 1.82x | $65.29 Million |
| China Modern Dairy Holdings Ltd (07M) | $7.12 Billion | -10.42% | 1.50x | $503.81 Million |
| PT Charoen Pokphand Indonesia Tbk (0CP1) | $27.03 Trillion | 8.58% | 0.52x | $1.29 Billion |
| Bumitama Agri Ltd (2BU) | $8.47 Trillion | 14.09% | 0.80x | $282.39 Million |
| Green Rise Foods Inc. (6VN) | $3.46 Million | -51.17% | 15.15x | $5.85 Million |
| China Shengmu Organic Milk Limited (7OM) | $2.88 Billion | -77.29% | 1.63x | $146.24 Million |
| CHA0 (CHA0) | $228.23 Million | -11.57% | 0.15x | $3.54 Million |
| Elders Limited (FTZ) | $1.09 Billion | 4.63% | 1.34x | $869.15 Million |
| Tonkens Agrar AG (GTK) | $5.44 Million | 0.00% | 2.96x | $2.10 Million |
| GDH Guangnan (Holdings) Limited (GUJB) | $2.60 Billion | 4.54% | 0.14x | $30.79 Million |