Fifax Abp
FIFAX Abp engages in the land-based fish farming business in Finland and Sweden. It produces and supplies rainbow trout using an ultra-intensive implementation of RAS (Recirculating Aquaculture System) technology. The company was incorporated in 2012 and is based in Eckerö, Finland.
Fifax Abp (FIFAX) - Net Assets
Latest net assets as of December 2024: €10.82 Million EUR
Based on the latest financial reports, Fifax Abp (FIFAX) has net assets worth €10.82 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.69 Million) and total liabilities (€9.88 Million). 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 | €10.82 Million |
| % of Total Assets | 52.28% |
| Annual Growth Rate | -13.3% |
| 5-Year Change | 123.07% |
| 10-Year Change | N/A |
| Growth Volatility | 168.61 |
Fifax Abp - Net Assets Trend (2019–2024)
This chart illustrates how Fifax Abp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fifax Abp (2019–2024)
The table below shows the annual net assets of Fifax Abp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €10.82 Million | -38.80% |
| 2023-12-31 | €17.68 Million | +15.21% |
| 2022-12-31 | €15.34 Million | -34.23% |
| 2021-12-31 | €23.33 Million | +381.01% |
| 2020-12-31 | €4.85 Million | -78.04% |
| 2019-12-31 | €22.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fifax Abp'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 decreased by 4415100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €80.00K | 0.74% |
| Other Components | €76.40 Million | 706.27% |
| Total Equity | €10.82 Million | 100.00% |
Fifax Abp Competitors by Market Cap
The table below lists competitors of Fifax Abp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tysnes Sparebank
OL:TYSB
|
$1.70 Million |
|
Metronic Global Bhd
KLSE:0043
|
$1.70 Million |
|
Akg Exim Limited
NSE:AKG
|
$1.70 Million |
|
Indo Komoditi Korpora Tbk PT
JK:INCF
|
$1.70 Million |
|
Betonjaya Manunggal Tbk
JK:BTON
|
$1.70 Million |
|
Cutera Inc
NASDAQ:CUTR
|
$1.70 Million |
|
Nevada Sunrise Gold Corporation
PINK:NVSGF
|
$1.70 Million |
|
CHARLES RIV LAB INT
BE:RV6
|
$1.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fifax Abp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,676,442 to 10,818,000, a change of -6,858,442 (-38.8%).
- Net loss of 6,858,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-6.86 Million | -63.39% |
| Other Changes | €-442.00 | -0.0% |
| Total Change | €- | -38.80% |
Book Value vs Market Value Analysis
This analysis compares Fifax Abp'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: 0.61x
- 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 increased from 0.24x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €0.36 | €0.09 | x |
| 2020-12-31 | €0.14 | €0.09 | x |
| 2021-12-31 | €1.21 | €0.09 | x |
| 2022-12-31 | €0.60 | €0.09 | x |
| 2023-12-31 | €0.37 | €0.09 | x |
| 2024-12-31 | €0.14 | €0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fifax Abp 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): -63.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1478.02%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.91x
- Recent ROE (-63.39%) is above the historical average (-74.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -58.32% | -1021.26% | 0.03x | 1.92x | €-8.39 Million |
| 2020 | -173.11% | -676.13% | 0.05x | 5.61x | €-8.88 Million |
| 2021 | -58.68% | -1362.85% | 0.03x | 1.34x | €-16.02 Million |
| 2022 | -52.04% | -691.34% | 0.06x | 1.35x | €-9.52 Million |
| 2023 | -40.88% | -5891.67% | 0.01x | 1.26x | €-8.99 Million |
| 2024 | -63.39% | -1478.02% | 0.02x | 1.91x | €-7.94 Million |
Industry Comparison
This section compares Fifax Abp's net assets metrics with peer companies in the Farm Products industry.
No peer company data available for comparison.