Mowi ASA (MOWI) - Net Assets
Based on the latest financial reports, Mowi ASA (MOWI) has net assets worth Nkr4.37 Billion NOK (≈ $459.97 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 (Nkr10.23 Billion ≈ $1.08 Billion USD) and total liabilities (Nkr5.86 Billion ≈ $616.37 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 MOWI tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr4.37 Billion |
| % of Total Assets | 42.73% |
| Annual Growth Rate | 15.4% |
| 5-Year Change | 45.78% |
| 10-Year Change | 120.61% |
| Growth Volatility | 166.94 |
Mowi ASA - Net Assets Trend (2001–2025)
This chart illustrates how Mowi ASA's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Mowi ASA to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mowi ASA (2001–2025)
The table below shows the annual net assets of Mowi ASA from 2001 to 2025. For live valuation and market cap data, see how much is Mowi ASA worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr4.57 Billion ≈ $480.37 Million |
+13.97% |
| 2024-12-31 | Nkr4.01 Billion ≈ $421.50 Million |
+6.68% |
| 2023-12-31 | Nkr3.75 Billion ≈ $395.10 Million |
+1.83% |
| 2022-12-31 | Nkr3.69 Billion ≈ $388.00 Million |
+17.75% |
| 2021-12-31 | Nkr3.13 Billion ≈ $329.51 Million |
+13.29% |
| 2020-12-31 | Nkr2.76 Billion ≈ $290.86 Million |
-4.44% |
| 2019-12-31 | Nkr2.89 Billion ≈ $304.38 Million |
+0.48% |
| 2018-12-31 | Nkr2.88 Billion ≈ $302.94 Million |
+24.34% |
| 2017-12-31 | Nkr2.32 Billion ≈ $243.65 Million |
+11.89% |
| 2016-12-31 | Nkr2.07 Billion ≈ $217.75 Million |
+9.35% |
| 2015-12-31 | Nkr1.89 Billion ≈ $199.14 Million |
+16.24% |
| 2014-12-31 | Nkr1.63 Billion ≈ $171.31 Million |
-16.36% |
| 2013-12-31 | Nkr1.95 Billion ≈ $204.82 Million |
+22.96% |
| 2012-12-31 | Nkr1.58 Billion ≈ $166.58 Million |
+12.95% |
| 2011-12-31 | Nkr1.40 Billion ≈ $147.48 Million |
-12.83% |
| 2010-12-31 | Nkr1.61 Billion ≈ $169.18 Million |
+16.48% |
| 2009-12-31 | Nkr1.38 Billion ≈ $145.25 Million |
+39.22% |
| 2008-12-31 | Nkr991.48 Million ≈ $104.33 Million |
-36.98% |
| 2007-12-31 | Nkr1.57 Billion ≈ $165.57 Million |
-4.88% |
| 2006-12-31 | Nkr1.65 Billion ≈ $174.05 Million |
+668.81% |
| 2005-12-31 | Nkr215.14 Million ≈ $22.64 Million |
+422.56% |
| 2004-12-31 | Nkr41.17 Million ≈ $4.33 Million |
+311.62% |
| 2003-12-31 | Nkr-19.45 Million ≈ $-2.05 Million |
+82.55% |
| 2002-12-31 | Nkr-111.48 Million ≈ $-11.73 Million |
-175.99% |
| 2001-12-31 | Nkr146.71 Million ≈ $15.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mowi 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr4.37 Billion | 100.00% |
| Total Equity | Nkr4.37 Billion | 100.00% |
Mowi ASA Competitors by Market Cap
The table below lists competitors of Mowi ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elanco Animal Health
NYSE:ELAN
|
$10.85 Billion |
|
King Yuan Electronics Co Ltd
TW:2449
|
$10.86 Billion |
|
Wise Group plc Class A Ordinary Shares
NASDAQ:WSE
|
$10.87 Billion |
|
Summit Therapeutics PLC
NASDAQ:SMMT
|
$10.87 Billion |
|
Kratos Defense & Security Solutions
NASDAQ:KTOS
|
$10.83 Billion |
|
Xinjiang Goldwind Science & Technology Co Ltd Class A
SHE:002202
|
$10.82 Billion |
|
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
|
$10.81 Billion |
|
Belimo Holding
SW:BEAN
|
$10.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mowi ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,839,200,000 to 4,371,100,000, a change of 531,900,000 (13.9%).
- Net income of 718,000,000 contributed positively to equity growth.
- Dividend payments of 297,200,000 reduced retained earnings.
- Other factors increased equity by 111,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr718.00 Million | +16.43% |
| Dividends Paid | Nkr297.20 Million | -6.8% |
| Other Changes | Nkr111.10 Million | +2.54% |
| Total Change | Nkr- | 13.85% |
Book Value vs Market Value Analysis
This analysis compares Mowi 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: 23.57x
- 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 73.82x to 23.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Nkr2.65 | Nkr195.40 | x |
| 2002-12-31 | Nkr-2.48 | Nkr195.40 | x |
| 2003-12-31 | Nkr-0.24 | Nkr195.40 | x |
| 2004-12-31 | Nkr0.20 | Nkr195.40 | x |
| 2005-12-31 | Nkr0.82 | Nkr195.40 | x |
| 2006-12-31 | Nkr5.40 | Nkr195.40 | x |
| 2007-12-31 | Nkr4.51 | Nkr195.40 | x |
| 2008-12-31 | Nkr2.82 | Nkr195.40 | x |
| 2009-12-31 | Nkr3.89 | Nkr195.40 | x |
| 2010-12-31 | Nkr4.47 | Nkr195.40 | x |
| 2011-12-31 | Nkr3.55 | Nkr195.40 | x |
| 2012-12-31 | Nkr4.00 | Nkr195.40 | x |
| 2013-12-31 | Nkr5.14 | Nkr195.40 | x |
| 2014-12-31 | Nkr3.34 | Nkr195.40 | x |
| 2015-12-31 | Nkr4.29 | Nkr195.40 | x |
| 2016-12-31 | Nkr4.60 | Nkr195.40 | x |
| 2017-12-31 | Nkr4.30 | Nkr195.40 | x |
| 2018-12-31 | Nkr5.83 | Nkr195.40 | x |
| 2019-12-31 | Nkr5.60 | Nkr195.40 | x |
| 2020-12-31 | Nkr5.34 | Nkr195.40 | x |
| 2021-12-31 | Nkr5.82 | Nkr195.40 | x |
| 2022-12-31 | Nkr6.78 | Nkr195.40 | x |
| 2023-12-31 | Nkr6.95 | Nkr195.40 | x |
| 2024-12-31 | Nkr7.42 | Nkr195.40 | x |
| 2025-12-31 | Nkr8.29 | Nkr195.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mowi 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): 16.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.55%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.34x
- Recent ROE (16.43%) is above the historical average (6.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -11.80% | -3.32% | 0.43x | 8.29x | Nkr-27.52 Million |
| 2002 | 0.00% | -43.82% | 0.55x | 0.00x | Nkr-174.76 Million |
| 2003 | 0.00% | -82.59% | 0.80x | 0.00x | Nkr-266.57 Million |
| 2004 | -79.41% | -10.76% | 0.78x | 9.50x | Nkr-34.34 Million |
| 2005 | 20.23% | 18.55% | 0.46x | 2.36x | Nkr21.82 Million |
| 2006 | 13.64% | 32.72% | 0.21x | 2.02x | Nkr60.07 Million |
| 2007 | 0.04% | 0.04% | 0.61x | 1.86x | Nkr-156.26 Million |
| 2008 | -29.91% | -21.15% | 0.59x | 2.38x | Nkr-392.02 Million |
| 2009 | 11.41% | 8.98% | 0.71x | 1.79x | Nkr19.35 Million |
| 2010 | 24.87% | 20.46% | 0.65x | 1.88x | Nkr237.70 Million |
| 2011 | 10.41% | 6.95% | 0.71x | 2.12x | Nkr5.76 Million |
| 2012 | 3.52% | 2.64% | 0.66x | 2.01x | Nkr-102.03 Million |
| 2013 | 15.41% | 13.11% | 0.57x | 2.07x | Nkr105.17 Million |
| 2014 | 6.36% | 3.70% | 0.68x | 2.51x | Nkr-59.13 Million |
| 2015 | 7.80% | 5.11% | 0.69x | 2.21x | Nkr-41.70 Million |
| 2016 | 26.09% | 15.40% | 0.73x | 2.33x | Nkr332.76 Million |
| 2017 | 19.99% | 12.75% | 0.84x | 1.87x | Nkr231.08 Million |
| 2018 | 19.69% | 15.11% | 0.73x | 1.79x | Nkr278.88 Million |
| 2019 | 16.51% | 11.72% | 0.70x | 2.02x | Nkr188.38 Million |
| 2020 | 4.25% | 3.15% | 0.64x | 2.12x | Nkr-158.70 Million |
| 2021 | 15.58% | 11.70% | 0.67x | 2.00x | Nkr174.70 Million |
| 2022 | 22.31% | 15.94% | 0.65x | 2.15x | Nkr431.65 Million |
| 2023 | 12.37% | 8.07% | 0.67x | 2.29x | Nkr85.07 Million |
| 2024 | 12.20% | 8.36% | 0.66x | 2.23x | Nkr84.58 Million |
| 2025 | 16.43% | 12.55% | 0.56x | 2.34x | Nkr280.89 Million |
Industry Comparison
This section compares Mowi ASA's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,002,386,180
- Average return on equity (ROE) among peers: -2.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mowi ASA (MOWI) | Nkr4.37 Billion | -11.80% | 1.34x | $10.84 Billion |
| Andfjord Salmon AS (ANDF) | $5.05 Million | -41.14% | 0.27x | $268.71 Million |
| Atlantic Sapphire As (ASA) | $137.44 Million | -8.29% | 0.11x | $3.52 Million |
| Austevoll Seafood ASA (AUSS) | $5.62 Billion | 2.90% | 1.84x | $1.79 Billion |
| P/f Bakkafrost (BAKKA) | $902.29 Million | 28.78% | 0.31x | $2.64 Billion |
| Barramundi Group Ltd (BARRA) | $12.40 Million | 0.00% | 0.74x | $12.18 Million |
| Biofish Holding AS (BFISH) | $10.78 Million | 15.20% | 0.99x | $20.74 Million |
| Clean Seas Seafood Ltd. (CSS) | $42.92 Million | -20.93% | 0.16x | $19.84 Million |
| Gigante Salmon AS (GIGA) | $2.14 Million | -12.87% | 0.81x | $127.96 Million |
| Grieg Seafood ASA (GSF) | $2.22 Billion | 6.21% | 1.27x | $352.21 Million |
| Ice Fish Farm AS (IFISH) | $1.07 Billion | 3.59% | 0.37x | $63.04 Million |
About Mowi ASA
Mowi ASA, a seafood company, produces and sells Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales & Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole fish, plain and marinated fillets and steaks, hot- and cold-smoked salmon, and burgers… Read more