Kingfish Company Nv (KING) - Net Assets
Based on the latest financial reports, Kingfish Company Nv (KING) has net assets worth Nkr46.32 Million NOK (≈ $4.87 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr168.46 Million ≈ $17.73 Million USD) and total liabilities (Nkr122.14 Million ≈ $12.85 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. Check financial resilience of Kingfish Company Nv to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr46.32 Million |
| % of Total Assets | 27.5% |
| Annual Growth Rate | 25.36% |
| 5-Year Change | -25.51% |
| 10-Year Change | N/A |
| Growth Volatility | 76.6 |
Kingfish Company Nv - Net Assets Trend (2017–2024)
This chart illustrates how Kingfish Company Nv's net assets have evolved over time, based on quarterly financial data. Also explore Kingfish Company Nv total assets for the complete picture of this company's asset base.
Annual Net Assets for Kingfish Company Nv (2017–2024)
The table below shows the annual net assets of Kingfish Company Nv from 2017 to 2024. For live valuation and market cap data, see KING stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr50.54 Million ≈ $5.32 Million |
-38.44% |
| 2023-12-31 | Nkr82.10 Million ≈ $8.64 Million |
+8.53% |
| 2022-12-31 | Nkr75.65 Million ≈ $7.96 Million |
+21.96% |
| 2021-12-31 | Nkr62.03 Million ≈ $6.53 Million |
-8.58% |
| 2020-12-31 | Nkr67.85 Million ≈ $7.14 Million |
+161.74% |
| 2019-12-31 | Nkr25.92 Million ≈ $2.73 Million |
+160.58% |
| 2018-12-31 | Nkr9.95 Million ≈ $1.05 Million |
-4.19% |
| 2017-12-31 | Nkr10.38 Million ≈ $1.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kingfish Company Nv'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 4614.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr1.11 Million | 2.19% |
| Other Components | Nkr114.40 Million | 226.35% |
| Total Equity | Nkr50.54 Million | 100.00% |
Kingfish Company Nv Competitors by Market Cap
The table below lists competitors of Kingfish Company Nv ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Next Hydrogen Solutions Inc.
V:NXH
|
$27.03 Million |
|
Comms Group Ltd
AU:CCG
|
$27.04 Million |
|
Falcon Power Co Ltd
TW:1516
|
$27.04 Million |
|
Alankit Limited
NSE:ALANKIT
|
$27.04 Million |
|
Hamilton Global Opportunities PLC
PA:ALHGO
|
$27.02 Million |
|
Thai Rubber Latex Group Public Company Limited
BK:TRUBB
|
$27.02 Million |
|
Morphic Ethical Equities Fund Ltd
AU:MEC
|
$27.01 Million |
|
Hep Tech Co Ltd
TWO:3609
|
$27.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingfish Company Nv's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 82,102,000 to 50,541,000, a change of -31,561,000 (-38.4%).
- Net loss of 30,783,000 reduced equity.
- Other factors decreased equity by 778,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-30.78 Million | -60.91% |
| Other Changes | Nkr-778.00K | -1.54% |
| Total Change | Nkr- | -38.44% |
Book Value vs Market Value Analysis
This analysis compares Kingfish Company Nv'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: 3.95x
- 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 12.72x to 3.95x 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 | Nkr0.14 | Nkr1.80 | x |
| 2018-12-31 | Nkr0.14 | Nkr1.80 | x |
| 2019-12-31 | Nkr0.38 | Nkr1.80 | x |
| 2020-12-31 | Nkr1.00 | Nkr1.80 | x |
| 2021-12-31 | Nkr0.92 | Nkr1.80 | x |
| 2022-12-31 | Nkr0.82 | Nkr1.80 | x |
| 2023-12-31 | Nkr0.74 | Nkr1.80 | x |
| 2024-12-31 | Nkr0.46 | Nkr1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingfish Company Nv 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): -60.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -111.14%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 3.33x
- Recent ROE (-60.91%) is below the historical average (-18.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.85% | -1100.37% | 0.00x | 2.01x | Nkr-1.33 Million |
| 2018 | -32.32% | -406.19% | 0.03x | 2.55x | Nkr-4.21 Million |
| 2019 | -11.71% | -60.77% | 0.13x | 1.48x | Nkr-5.63 Million |
| 2020 | -5.31% | -72.41% | 0.06x | 1.20x | Nkr-10.39 Million |
| 2021 | -10.09% | -60.37% | 0.13x | 1.25x | Nkr-12.46 Million |
| 2022 | -9.67% | -39.03% | 0.13x | 1.87x | Nkr-14.88 Million |
| 2023 | -12.13% | -45.47% | 0.12x | 2.28x | Nkr-18.17 Million |
| 2024 | -60.91% | -111.14% | 0.16x | 3.33x | Nkr-35.84 Million |
Industry Comparison
This section compares Kingfish Company Nv's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,999,622,270
- Average return on equity (ROE) among peers: -2.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingfish Company Nv (KING) | Nkr46.32 Million | -2.85% | 2.64x | $27.03 Million |
| Andfjord Salmon AS (ANDF) | $993.69 Million | -7.02% | 0.22x | $276.76 Million |
| Atlantic Sapphire As (ASA) | $137.44 Million | -8.29% | 0.11x | $11.05 Million |
| Austevoll Seafood ASA (AUSS) | $22.99 Billion | 3.58% | 0.73x | $1.98 Billion |
| P/f Bakkafrost (BAKKA) | $1.67 Billion | 35.38% | 0.87x | $2.88 Billion |
| Barramundi Group Ltd (BARRA) | $29.85 Million | -29.51% | 2.44x | $14.30 Million |
| Biofish Holding AS (BFISH) | $20.97 Million | 32.50% | 5.77x | $20.74 Million |
| Clean Seas Seafood Ltd. (CSS) | $83.71 Million | -38.66% | 0.10x | $19.84 Million |
| Gigante Salmon AS (GIGA) | $279.70 Million | 2.00% | 0.14x | $165.80 Million |
| Grieg Seafood ASA (GSF) | $1.51 Billion | -9.73% | 1.69x | $428.51 Million |
| Ice Fish Farm AS (IFISH) | $2.28 Billion | -0.25% | 0.61x | $43.74 Million |
About Kingfish Company Nv
The Kingfish Company N.V. produces, supplies, and sells seafood products in Western Europe, Southern Europe, and internationally. The company provides yellowtail kingfish. The Kingfish Company N.V. was incorporated in 2015 and is based in Kats, the Netherlands.