Atlantic Sapphire As (ASA) - Net Assets
Based on the latest financial reports, Atlantic Sapphire As (ASA) has net assets worth Nkr11.91 Million NOK (≈ $1.25 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr135.80 Million ≈ $14.29 Million USD) and total liabilities (Nkr123.89 Million ≈ $13.04 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. Also explore ASA asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr11.91 Million |
| % of Total Assets | 8.77% |
| Annual Growth Rate | 7.02% |
| 5-Year Change | -95.03% |
| 10-Year Change | N/A |
| Growth Volatility | 365.07 |
Atlantic Sapphire As - Net Assets Trend (2016–2025)
This chart illustrates how Atlantic Sapphire As's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Atlantic Sapphire As to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Atlantic Sapphire As (2016–2025)
The table below shows the annual net assets of Atlantic Sapphire As from 2016 to 2025. For live valuation and market cap data, see market value of Atlantic Sapphire As.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr11.91 Million ≈ $1.25 Million |
-94.13% |
| 2024-12-31 | Nkr202.83 Million ≈ $21.34 Million |
-28.36% |
| 2023-12-31 | Nkr283.14 Million ≈ $29.79 Million |
-4.47% |
| 2022-12-31 | Nkr296.38 Million ≈ $31.19 Million |
+23.72% |
| 2021-12-31 | Nkr239.56 Million ≈ $25.21 Million |
-6.23% |
| 2020-12-31 | Nkr255.46 Million ≈ $26.88 Million |
+22.42% |
| 2019-12-31 | Nkr208.68 Million ≈ $21.96 Million |
+51.83% |
| 2018-12-31 | Nkr137.44 Million ≈ $14.46 Million |
+69.04% |
| 2017-12-31 | Nkr81.31 Million ≈ $8.56 Million |
+1157.07% |
| 2016-12-31 | Nkr6.47 Million ≈ $680.62K |
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Equity Component Analysis
This analysis shows how different components contribute to Atlantic Sapphire 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 decreased by 76776119800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr784.66 Million | 6588.25% |
| Total Equity | Nkr11.91 Million | 100.00% |
Atlantic Sapphire As Competitors by Market Cap
The table below lists competitors of Atlantic Sapphire As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Movinn AS
CO:MOVINN
|
$3.38 Million |
|
OZZ Resources Ltd
AU:OZZ
|
$3.38 Million |
|
KWESST Micro Systems Inc. Common Stock
NASDAQ:KWE
|
$3.38 Million |
|
Socket Mobile Inc
NASDAQ:SCKT
|
$3.38 Million |
|
Health and Plant Protein Group Ltd
AU:HPP
|
$3.37 Million |
|
HITIQ Ltd
AU:HIQ
|
$3.36 Million |
|
Redhill Biopharma Ltd
NASDAQ:RDHL
|
$3.36 Million |
|
Marula Mining PLC
F:48U0
|
$3.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atlantic Sapphire As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 202,832,000 to 11,910,000, a change of -190,922,000 (-94.1%).
- Net loss of 191,262,000 reduced equity.
- Other comprehensive income increased equity by 5,349,999.
- Other factors decreased equity by 5,009,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-191.26 Million | -1605.89% |
| Other Comprehensive Income | Nkr5.35 Million | +44.92% |
| Other Changes | Nkr-5.01 Million | -42.07% |
| Total Change | Nkr- | -94.13% |
Book Value vs Market Value Analysis
This analysis compares Atlantic Sapphire 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: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.36x to 2.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Nkr0.66 | Nkr0.90 | x |
| 2017-12-31 | Nkr6.63 | Nkr0.90 | x |
| 2018-12-31 | Nkr4.59 | Nkr0.90 | x |
| 2019-12-31 | Nkr3.06 | Nkr0.90 | x |
| 2020-12-31 | Nkr3.75 | Nkr0.90 | x |
| 2021-12-31 | Nkr4.82 | Nkr0.90 | x |
| 2022-12-31 | Nkr4.28 | Nkr0.90 | x |
| 2023-12-31 | Nkr13.88 | Nkr0.90 | x |
| 2024-12-31 | Nkr4.34 | Nkr0.90 | x |
| 2025-12-31 | Nkr0.33 | Nkr0.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atlantic Sapphire 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): -1605.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -441.82%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 11.40x
- Recent ROE (-1605.89%) is below the historical average (-190.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -44.08% | -138.06% | 0.17x | 1.90x | Nkr-3.49 Million |
| 2017 | -8.12% | -432.20% | 0.02x | 1.12x | Nkr-14.73 Million |
| 2018 | -8.29% | -2369.85% | 0.00x | 1.11x | Nkr-25.14 Million |
| 2019 | -6.30% | -237.40% | 0.02x | 1.21x | Nkr-34.02 Million |
| 2020 | -21.61% | -880.27% | 0.02x | 1.26x | Nkr-80.74 Million |
| 2021 | -55.43% | -787.95% | 0.05x | 1.30x | Nkr-156.73 Million |
| 2022 | -21.93% | -342.97% | 0.05x | 1.21x | Nkr-94.64 Million |
| 2023 | -47.24% | -955.76% | 0.04x | 1.21x | Nkr-162.07 Million |
| 2024 | -82.49% | -733.25% | 0.08x | 1.35x | Nkr-187.60 Million |
| 2025 | -1605.89% | -441.82% | 0.32x | 11.40x | Nkr-192.45 Million |
Industry Comparison
This section compares Atlantic Sapphire As's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $589,667,598
- Average return on equity (ROE) among peers: 4.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atlantic Sapphire As (ASA) | Nkr11.91 Million | -44.08% | 10.40x | $3.38 Million |
| Andfjord Salmon AS (ANDF) | $475.70 Million | -11.91% | 0.34x | $299.90 Million |
| Austevoll Seafood ASA (AUSS) | $982.04 Million | 24.51% | 2.16x | $1.80 Billion |
| P/f Bakkafrost (BAKKA) | $1.26 Billion | 22.28% | 1.04x | $2.83 Billion |
| Barramundi Group Ltd (BARRA) | $12.40 Million | 0.00% | 0.74x | $8.86 Million |
| Biofish Holding AS (BFISH) | $20.97 Million | 32.50% | 5.77x | $20.74 Million |
| Clean Seas Seafood Ltd. (CSS) | $61.98 Million | -53.97% | 0.40x | $19.84 Million |
| Gigante Salmon AS (GIGA) | $279.70 Million | 2.00% | 0.14x | $123.27 Million |
| Grieg Seafood ASA (GSF) | $1.99 Billion | 21.67% | 1.31x | $352.69 Million |
| Ice Fish Farm AS (IFISH) | $222.74 Million | 2.36% | 1.49x | $66.26 Million |
About Atlantic Sapphire As
Atlantic Sapphire ASA, together with its subsidiaries, engages in the production and sale of land-based salmon in Denmark and the United States. The company offers its products under the Bluehouse Salmon and Sapphire Salmon brand name. It serves retailers, restaurants, and other customers. Atlantic Sapphire ASA was incorporated in 2010 and is headquartered in Vikebukt, Norway.