Brim hf Net Assets
Brim hf net assets. Based on the latest financial reports, Brim hf (BRIM) has net assets worth Ikr504.82 Million ISK (≈ $4.12 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Ikr982.65 Million ≈ $8.01 Million USD) and total liabilities (Ikr477.84 Million ≈ $3.90 Million USD). 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. See Brim hf balance sheet quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Ikr504.82 Million |
| % of Total Assets | 51.37% |
| Annual Growth Rate | -11.11% |
| 5-Year Change | 44.88% |
| 10-Year Change | 98.87% |
| Growth Volatility | 27.69 |
Net Assets of Brim hf (2003–2024)
Net assets of Brim hf from 2003 to 2024. This chart illustrates how Brim hf's net assets have evolved over time, based on quarterly financial data. Also explore Brim hf equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for Brim hf (2003–2024)
The table below shows the annual net assets of Brim hf from 2003 to 2024. For live market cap and overall valuation, see Brim hf (BRIM) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Ikr488.92 Million ≈ $3.99 Million |
+3.41% |
| 2023-12-31 | Ikr472.81 Million ≈ $3.85 Million |
+4.54% |
| 2022-12-31 | Ikr452.27 Million ≈ $3.69 Million |
+13.52% |
| 2021-12-31 | Ikr398.41 Million ≈ $3.25 Million |
+18.06% |
| 2020-12-31 | Ikr337.47 Million ≈ $2.75 Million |
+6.34% |
| 2019-12-31 | Ikr317.36 Million ≈ $2.59 Million |
+13.55% |
| 2018-12-31 | Ikr279.49 Million ≈ $2.28 Million |
+8.68% |
| 2017-12-31 | Ikr257.17 Million ≈ $2.10 Million |
+2.83% |
| 2016-12-31 | Ikr250.10 Million ≈ $2.04 Million |
+1.73% |
| 2015-12-31 | Ikr245.84 Million ≈ $2.00 Million |
+12.34% |
| 2014-12-31 | Ikr218.83 Million ≈ $1.78 Million |
+7.54% |
| 2013-12-31 | Ikr203.48 Million ≈ $1.66 Million |
+20.13% |
| 2012-12-31 | Ikr169.38 Million ≈ $1.38 Million |
-3.50% |
| 2011-12-31 | Ikr175.53 Million ≈ $1.43 Million |
+24.26% |
| 2010-12-31 | Ikr141.26 Million ≈ $1.15 Million |
+6.34% |
| 2009-12-31 | Ikr132.83 Million ≈ $1.08 Million |
-98.63% |
| 2007-12-31 | Ikr9.70 Billion ≈ $79.04 Million |
+18.31% |
| 2006-12-31 | Ikr8.20 Billion ≈ $66.81 Million |
-20.61% |
| 2005-12-31 | Ikr10.32 Billion ≈ $84.15 Million |
+13.94% |
| 2004-12-31 | Ikr9.06 Billion ≈ $73.86 Million |
+56.07% |
| 2003-12-31 | Ikr5.80 Billion ≈ $47.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Brim hf'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 33545000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Brim hf Net Assets Breakdown (December 2024)
Brim hf net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Ikr335.45 Million | 68.61% |
| Other Components | Ikr153.47 Million | 31.39% |
| Total Equity | Ikr488.92 Million | 100.00% |
Brim hf Competitors by Market Cap
The table below lists competitors of Brim hf ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greattown Holdings Ltd A
SHG:600094
|
$1.38 Billion |
|
NÜRNBERGER Beteiligungs-AG
F:NBG6
|
$1.38 Billion |
|
Freenome, Inc. Common stock
NASDAQ:FRNM
|
$1.38 Billion |
|
Vanchip (Tianjin) Technology Co. Ltd. A
SHG:688153
|
$1.38 Billion |
|
Shenzhen Gongjin Electn
SHG:603118
|
$1.38 Billion |
|
Zhongmin Energy Co Ltd
SHG:600163
|
$1.38 Billion |
|
Hubei TKD Crystal Electn
SHG:603738
|
$1.38 Billion |
|
Bilia AB (publ)
ST:BILI-A
|
$1.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brim hf's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 472,808,000 to 488,919,000, a change of 16,111,000 (3.4%).
- Net income of 40,515,000 contributed positively to equity growth.
- Dividend payments of 25,621,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Ikr40.52 Million | +8.29% |
| Dividends Paid | Ikr25.62 Million | -5.24% |
| Other Changes | Ikr1.22 Million | +0.25% |
| Total Change | Ikr- | 3.41% |
Book Value vs Market Value Analysis
This analysis compares Brim hf'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: 346.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 620.60x to 346.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Ikr0.14 | Ikr88.00 | x |
| 2018-12-31 | Ikr0.15 | Ikr88.00 | x |
| 2019-12-31 | Ikr0.17 | Ikr88.00 | x |
| 2020-12-31 | Ikr0.18 | Ikr88.00 | x |
| 2021-12-31 | Ikr0.21 | Ikr88.00 | x |
| 2022-12-31 | Ikr0.23 | Ikr88.00 | x |
| 2023-12-31 | Ikr0.25 | Ikr88.00 | x |
| 2024-12-31 | Ikr0.25 | Ikr88.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brim hf 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): 8.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.41%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.04x
- Recent ROE (8.29%) is below the historical average (13.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 19.46% | 14.72% | 0.47x | 2.84x | Ikr917.20 Million |
| 2009 | 9.64% | 10.23% | 0.43x | 2.20x | Ikr-476.00K |
| 2010 | 5.21% | 5.01% | 0.48x | 2.18x | Ikr-6.66 Million |
| 2011 | 21.19% | 19.92% | 0.57x | 1.87x | Ikr19.33 Million |
| 2012 | 8.68% | 7.31% | 0.65x | 1.83x | Ikr-2.20 Million |
| 2013 | 17.76% | 18.26% | 0.58x | 1.68x | Ikr15.56 Million |
| 2014 | 16.32% | 16.61% | 0.59x | 1.68x | Ikr13.82 Million |
| 2015 | 18.10% | 19.73% | 0.57x | 1.61x | Ikr19.91 Million |
| 2016 | 10.49% | 13.04% | 0.45x | 1.80x | Ikr1.21 Million |
| 2017 | 9.65% | 10.90% | 0.46x | 1.94x | Ikr-890.20K |
| 2018 | 11.53% | 14.51% | 0.33x | 2.39x | Ikr4.27 Million |
| 2019 | 10.70% | 12.52% | 0.39x | 2.21x | Ikr2.22 Million |
| 2020 | 8.70% | 10.04% | 0.38x | 2.27x | Ikr-4.38 Million |
| 2021 | 18.88% | 19.39% | 0.49x | 2.00x | Ikr35.36 Million |
| 2022 | 17.53% | 17.59% | 0.48x | 2.08x | Ikr34.07 Million |
| 2023 | 13.31% | 14.40% | 0.46x | 2.01x | Ikr15.67 Million |
| 2024 | 8.29% | 10.41% | 0.39x | 2.04x | Ikr-8.38 Million |
Industry Comparison
This section compares Brim hf's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $644,474,074
- Average return on equity (ROE) among peers: 11.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brim hf (BRIM) | Ikr504.82 Million | 19.46% | 0.95x | $1.38 Billion |
| Sildarvinnslan Hf. (SVN) | $644.47 Million | 11.30% | 0.71x | $1.72 Billion |
About Brim hf
Brim hf. engages in the fishing, processing, and marketing of ground fish and pelagic fish in Iceland. The company sells various seafood products that include ground fish, including cod, redfish, saithe, haddock, halibut, and golden salmon; and pelagic fish, such as capelin, herring, mackerel, and blue whiting, as well as fish drying and fish roe. It also operates fishing vessels and processes fi… Read more