Proximar Seafood AS (PROXI) - Net Assets
Based on the latest financial reports, Proximar Seafood AS (PROXI) has net assets worth Nkr428.98 Million NOK (≈ $45.14 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 (Nkr1.50 Billion ≈ $157.66 Million USD) and total liabilities (Nkr1.07 Billion ≈ $112.52 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. Explore cash flow conversion of Proximar Seafood AS to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr428.98 Million |
| % of Total Assets | 28.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | 9.88% |
| 10-Year Change | N/A |
| Growth Volatility | 416.59 |
Proximar Seafood AS - Net Assets Trend (2018–2025)
This chart illustrates how Proximar Seafood AS's net assets have evolved over time, based on quarterly financial data. Also explore PROXI total assets for the complete picture of this company's asset base.
Annual Net Assets for Proximar Seafood AS (2018–2025)
The table below shows the annual net assets of Proximar Seafood AS from 2018 to 2025. For live valuation and market cap data, see how much is Proximar Seafood AS worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr428.98 Million ≈ $45.14 Million |
+8.18% |
| 2024-12-31 | Nkr396.54 Million ≈ $41.73 Million |
+6.49% |
| 2023-12-31 | Nkr372.36 Million ≈ $39.18 Million |
-4.50% |
| 2022-12-31 | Nkr389.92 Million ≈ $41.03 Million |
-0.12% |
| 2021-12-31 | Nkr390.39 Million ≈ $41.08 Million |
+1043.92% |
| 2020-12-31 | Nkr34.13 Million ≈ $3.59 Million |
+802.45% |
| 2019-12-31 | Nkr-4.86 Million ≈ $-511.25K |
-996.31% |
| 2018-12-31 | Nkr-443.16K ≈ $-46.63K |
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Equity Component Analysis
This analysis shows how different components contribute to Proximar Seafood 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 grown by 148463100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr428.98 Million | 100.00% |
| Total Equity | Nkr428.98 Million | 100.00% |
Proximar Seafood AS Competitors by Market Cap
The table below lists competitors of Proximar Seafood AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARENA.PL S.A. ZY -50
F:8G6
|
$28.10 Million |
|
Finebesteel
KO:133820
|
$28.11 Million |
|
SHH Resources Holdings Bhd
KLSE:7412
|
$28.12 Million |
|
Aware Inc
NASDAQ:AWRE
|
$28.12 Million |
|
Nureca Limited
NSE:NURECA
|
$28.08 Million |
|
Jian Sin Industrial Co Ltd
TWO:4502
|
$28.08 Million |
|
Northeast Electric Development Company Limited
F:NE4H
|
$28.08 Million |
|
AGUIA RES LTD AD-20
F:5N91
|
$28.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Proximar Seafood AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 396,544,000 to 428,981,000, a change of 32,437,000 (8.2%).
- Net loss of 253,879,000 reduced equity.
- Share repurchases of 164,217,000 reduced equity.
- New share issuances of 164,217,000 increased equity.
- Other factors increased equity by 286,316,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-253.88 Million | -59.18% |
| Share Repurchases | Nkr164.22 Million | -38.28% |
| Share Issuances | Nkr164.22 Million | +38.28% |
| Other Changes | Nkr286.32 Million | +66.74% |
| Total Change | Nkr- | 8.18% |
Book Value vs Market Value Analysis
This analysis compares Proximar Seafood 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: 0.62x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Nkr-0.02 | Nkr0.51 | x |
| 2019-12-31 | Nkr-0.12 | Nkr0.51 | x |
| 2020-12-31 | Nkr0.86 | Nkr0.51 | x |
| 2021-12-31 | Nkr9.81 | Nkr0.51 | x |
| 2022-12-31 | Nkr9.76 | Nkr0.51 | x |
| 2023-12-31 | Nkr5.99 | Nkr0.51 | x |
| 2024-12-31 | Nkr2.68 | Nkr0.51 | x |
| 2025-12-31 | Nkr0.82 | Nkr0.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Proximar Seafood 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): -59.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -177.48%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 3.49x
- Recent ROE (-59.18%) is below the historical average (-20.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | Nkr-8.62 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | Nkr-6.98 Million |
| 2020 | -31.27% | 0.00% | 0.00x | 1.13x | Nkr-14.09 Million |
| 2021 | -6.41% | 0.00% | 0.00x | 1.25x | Nkr-64.06 Million |
| 2022 | -5.79% | 0.00% | 0.00x | 2.21x | Nkr-61.55 Million |
| 2023 | -25.07% | -1555733.33% | 0.00x | 3.73x | Nkr-130.58 Million |
| 2024 | -35.10% | -3967.06% | 0.00x | 4.13x | Nkr-178.86 Million |
| 2025 | -59.18% | -177.48% | 0.10x | 3.49x | Nkr-296.78 Million |
Industry Comparison
This section compares Proximar Seafood AS's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,535,761,278
- Average return on equity (ROE) among peers: -21.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Proximar Seafood AS (PROXI) | Nkr428.98 Million | 0.00% | 2.49x | $28.09 Million |
| Andfjord Salmon AS (ANDF) | $475.70 Million | -11.91% | 0.34x | $269.71 Million |
| Atlantic Sapphire As (ASA) | $202.83 Million | -82.49% | 0.35x | $3.83 Million |
| Austevoll Seafood ASA (AUSS) | $9.11 Billion | 19.38% | 1.09x | $1.97 Billion |
| P/f Bakkafrost (BAKKA) | $10.39 Billion | 12.94% | 0.62x | $2.90 Billion |
| Barramundi Group Ltd (BARRA) | $22.83 Million | -134.45% | 2.17x | $12.64 Million |
| Biofish Holding AS (BFISH) | $158.36 Million | -3.65% | 0.40x | $20.74 Million |
| Clean Seas Seafood Ltd. (CSS) | $73.54 Million | 1.97% | 0.28x | $19.84 Million |
| Gigante Salmon AS (GIGA) | $279.70 Million | 2.00% | 0.14x | $135.16 Million |
| Grieg Seafood ASA (GSF) | $4.37 Billion | -7.23% | 1.43x | $380.80 Million |
| Ice Fish Farm AS (IFISH) | $270.46 Million | -11.32% | 0.78x | $50.69 Million |
About Proximar Seafood AS
Proximar Seafood AS, a seafood company, engages in the land-based fish farming in Japan. The company produces and sells Atlantic salmon. It serves retailers and sushi restaurant chains. The company was incorporated in 2015 and is headquartered in Bergen, Norway.