Lerøy Seafood Group ASA (LSG) - Net Assets
Based on the latest financial reports, Lerøy Seafood Group ASA (LSG) has net assets worth Nkr18.60 Billion NOK (≈ $1.96 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr40.26 Billion ≈ $4.24 Billion USD) and total liabilities (Nkr21.66 Billion ≈ $2.28 Billion 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 LSG strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr18.60 Billion |
| % of Total Assets | 46.2% |
| Annual Growth Rate | 19.55% |
| 5-Year Change | 20.04% |
| 10-Year Change | 141.52% |
| Growth Volatility | 27.82 |
Lerøy Seafood Group ASA - Net Assets Trend (2000–2024)
This chart illustrates how Lerøy Seafood Group ASA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Lerøy Seafood Group ASA stock valuation.
Annual Net Assets for Lerøy Seafood Group ASA (2000–2024)
The table below shows the annual net assets of Lerøy Seafood Group ASA from 2000 to 2024. Also explore how fast is Lerøy Seafood Group ASA growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr21.17 Billion ≈ $2.23 Billion |
+13.27% |
| 2023-12-31 | Nkr18.69 Billion ≈ $1.97 Billion |
-5.18% |
| 2022-12-31 | Nkr19.71 Billion ≈ $2.07 Billion |
+2.00% |
| 2021-12-31 | Nkr19.32 Billion ≈ $2.03 Billion |
+9.59% |
| 2020-12-31 | Nkr17.63 Billion ≈ $1.86 Billion |
-0.73% |
| 2019-12-31 | Nkr17.76 Billion ≈ $1.87 Billion |
+3.67% |
| 2018-12-31 | Nkr17.13 Billion ≈ $1.80 Billion |
+18.31% |
| 2017-12-31 | Nkr14.48 Billion ≈ $1.52 Billion |
+7.47% |
| 2016-12-31 | Nkr13.48 Billion ≈ $1.42 Billion |
+53.76% |
| 2015-12-31 | Nkr8.76 Billion ≈ $922.23 Million |
+8.47% |
| 2014-12-31 | Nkr8.08 Billion ≈ $850.21 Million |
+7.03% |
| 2013-12-31 | Nkr7.55 Billion ≈ $794.37 Million |
+26.58% |
| 2012-12-31 | Nkr5.96 Billion ≈ $627.58 Million |
+2.87% |
| 2011-12-31 | Nkr5.80 Billion ≈ $610.09 Million |
-3.28% |
| 2010-12-31 | Nkr5.99 Billion ≈ $630.77 Million |
+39.39% |
| 2009-12-31 | Nkr4.30 Billion ≈ $452.51 Million |
+13.61% |
| 2008-12-31 | Nkr3.79 Billion ≈ $398.29 Million |
+0.16% |
| 2007-12-31 | Nkr3.78 Billion ≈ $397.64 Million |
+61.44% |
| 2006-12-31 | Nkr2.34 Billion ≈ $246.31 Million |
+79.80% |
| 2005-12-31 | Nkr1.30 Billion ≈ $136.99 Million |
+60.27% |
| 2004-12-31 | Nkr812.26 Million ≈ $85.47 Million |
+2.28% |
| 2003-12-31 | Nkr794.15 Million ≈ $83.57 Million |
+23.88% |
| 2002-12-31 | Nkr641.08 Million ≈ $67.46 Million |
+99.12% |
| 2001-12-31 | Nkr321.96 Million ≈ $33.88 Million |
+10.55% |
| 2000-12-31 | Nkr291.23 Million ≈ $30.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lerøy Seafood Group ASA'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 18069.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr15.17 Billion | 75.82% |
| Common Stock | Nkr59.58 Million | 0.30% |
| Other Components | Nkr4.78 Billion | 23.88% |
| Total Equity | Nkr20.01 Billion | 100.00% |
Lerøy Seafood Group ASA Competitors by Market Cap
The table below lists competitors of Lerøy Seafood Group ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bufab Holding AB
ST:BUFAB
|
$2.73 Billion |
|
iRay Technology Co Ltd
SHG:688301
|
$2.73 Billion |
|
China Petroleum Engineering Corp
SHG:600339
|
$2.73 Billion |
|
Fuchs Petrolub SE
XETRA:FPE
|
$2.73 Billion |
|
NCsoft Corp
KO:036570
|
$2.73 Billion |
|
Bombardier Inc
TO:BBD-A
|
$2.72 Billion |
|
Callaway Golf Company
NYSE:CALY
|
$2.72 Billion |
|
Acadia Realty Trust
NYSE:AKR
|
$2.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lerøy Seafood Group ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,687,133,000 to 20,009,365,000, a change of 1,322,232,000 (7.1%).
- Net income of 2,673,477,000 contributed positively to equity growth.
- Dividend payments of 1,536,477,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr2.67 Billion | +13.36% |
| Dividends Paid | Nkr1.54 Billion | -7.68% |
| Other Changes | Nkr185.23 Million | +0.93% |
| Total Change | Nkr- | 7.08% |
Book Value vs Market Value Analysis
This analysis compares Lerøy Seafood Group ASA'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: 1.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 43.49x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Nkr1.00 | Nkr43.52 | x |
| 2003-12-31 | Nkr2.25 | Nkr43.52 | x |
| 2004-12-31 | Nkr2.34 | Nkr43.52 | x |
| 2005-12-31 | Nkr3.49 | Nkr43.52 | x |
| 2006-12-31 | Nkr5.59 | Nkr43.52 | x |
| 2007-12-31 | Nkr7.74 | Nkr43.52 | x |
| 2008-12-31 | Nkr6.99 | Nkr43.52 | x |
| 2009-12-31 | Nkr7.99 | Nkr43.52 | x |
| 2010-12-31 | Nkr10.07 | Nkr43.52 | x |
| 2011-12-31 | Nkr9.64 | Nkr43.52 | x |
| 2012-12-31 | Nkr9.74 | Nkr43.52 | x |
| 2013-12-31 | Nkr12.38 | Nkr43.52 | x |
| 2014-12-31 | Nkr13.31 | Nkr43.52 | x |
| 2015-12-31 | Nkr14.45 | Nkr43.52 | x |
| 2016-12-31 | Nkr21.97 | Nkr43.52 | x |
| 2017-12-31 | Nkr22.84 | Nkr43.52 | x |
| 2018-12-31 | Nkr27.13 | Nkr43.52 | x |
| 2019-12-31 | Nkr28.30 | Nkr43.52 | x |
| 2020-12-31 | Nkr28.14 | Nkr43.52 | x |
| 2021-12-31 | Nkr30.56 | Nkr43.52 | x |
| 2022-12-31 | Nkr33.10 | Nkr43.52 | x |
| 2023-12-31 | Nkr31.38 | Nkr43.52 | x |
| 2024-12-31 | Nkr33.60 | Nkr43.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lerøy Seafood Group ASA 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): 13.36%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.59%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.14x
- Recent ROE (13.36%) is below the historical average (13.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.95% | 1.16% | 2.13x | 2.01x | Nkr-30.07 Million |
| 2003 | 4.41% | 1.17% | 1.62x | 2.33x | Nkr-43.27 Million |
| 2004 | 10.32% | 2.34% | 1.97x | 2.24x | Nkr2.59 Million |
| 2005 | 24.66% | 7.95% | 1.56x | 1.99x | Nkr189.80 Million |
| 2006 | 28.08% | 11.60% | 1.00x | 2.42x | Nkr419.46 Million |
| 2007 | 7.37% | 4.40% | 0.84x | 2.00x | Nkr-98.79 Million |
| 2008 | 3.39% | 2.10% | 0.78x | 2.08x | Nkr-247.32 Million |
| 2009 | 17.05% | 9.77% | 0.90x | 1.94x | Nkr301.97 Million |
| 2010 | 26.25% | 16.08% | 0.78x | 2.08x | Nkr885.00 Million |
| 2011 | 7.20% | 4.13% | 0.80x | 2.18x | Nkr-147.61 Million |
| 2012 | 9.05% | 5.29% | 0.77x | 2.22x | Nkr-50.66 Million |
| 2013 | 25.66% | 16.10% | 0.77x | 2.06x | Nkr1.06 Billion |
| 2014 | 14.54% | 8.39% | 0.85x | 2.05x | Nkr329.68 Million |
| 2015 | 14.96% | 8.77% | 0.84x | 2.03x | Nkr391.15 Million |
| 2016 | 25.71% | 18.67% | 0.69x | 2.00x | Nkr1.97 Billion |
| 2017 | 12.86% | 9.39% | 0.73x | 1.89x | Nkr388.76 Million |
| 2018 | 21.28% | 17.33% | 0.70x | 1.76x | Nkr1.82 Billion |
| 2019 | 11.02% | 9.09% | 0.68x | 1.79x | Nkr172.11 Million |
| 2020 | 4.74% | 3.98% | 0.66x | 1.80x | Nkr-881.37 Million |
| 2021 | 14.47% | 11.41% | 0.67x | 1.88x | Nkr812.68 Million |
| 2022 | 14.75% | 10.91% | 0.72x | 1.88x | Nkr935.91 Million |
| 2023 | 1.46% | 0.88% | 0.75x | 2.22x | Nkr-1.60 Billion |
| 2024 | 13.36% | 8.59% | 0.73x | 2.14x | Nkr672.54 Million |
Industry Comparison
This section compares Lerøy Seafood Group ASA's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $3,293,148,667
- Average return on equity (ROE) among peers: -61.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lerøy Seafood Group ASA (LSG) | Nkr18.60 Billion | 4.95% | 1.16x | $2.73 Billion |
| Aker Biomarine AS (AKBM) | $173.90 Million | 104.89% | 1.23x | $1.18 Billion |
| Hofseth Biocare ASA (HBC) | $32.55 Million | -307.85% | 4.94x | $54.05 Million |
| Orkla ASA (ORK) | $9.67 Billion | 18.11% | 1.74x | $9.31 Billion |
About Lerøy Seafood Group ASA
Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales, and Distribution. It offers salmon and trout, whole fish, fillets, portions, smoked, graved, block, cured, ready-to-eat, and ready-to-cook products. The company also catches and processes various whitefish, including f… Read more