Salmon Evolution Holding AS
Salmon Evolution ASA, together with its subsidiaries, operates as a land-based salmon farming company in Norway and internationally. It focuses on the production of salmon meals. Salmon Evolution ASA was founded in 2017 and is headquartered in Elnesvågen, Norway.
Salmon Evolution Holding AS (SALME) - Net Assets
Latest net assets as of September 2025: Nkr2.05 Billion NOK
Based on the latest financial reports, Salmon Evolution Holding AS (SALME) has net assets worth Nkr2.05 Billion NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr3.81 Billion) and total liabilities (Nkr1.75 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr2.05 Billion |
| % of Total Assets | 53.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | 181.98% |
| 10-Year Change | N/A |
| Growth Volatility | 773.47 |
Salmon Evolution Holding AS - Net Assets Trend (2018–2024)
This chart illustrates how Salmon Evolution Holding AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Salmon Evolution Holding AS (2018–2024)
The table below shows the annual net assets of Salmon Evolution Holding AS from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr2.22 Billion | +15.75% |
| 2023-12-31 | Nkr1.92 Billion | +22.81% |
| 2022-12-31 | Nkr1.56 Billion | +20.53% |
| 2021-12-31 | Nkr1.30 Billion | +64.57% |
| 2020-12-31 | Nkr788.44 Million | +1964.09% |
| 2019-12-31 | Nkr38.20 Million | +3011.43% |
| 2018-12-31 | Nkr-1.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Salmon Evolution Holding 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 21458000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr23.13 Million | 1.04% |
| Other Components | Nkr2.42 Billion | 108.63% |
| Total Equity | Nkr2.22 Billion | 100.00% |
Salmon Evolution Holding AS Competitors by Market Cap
The table below lists competitors of Salmon Evolution Holding AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DOWAY
PINK:DOWAY
|
$121.01 Million |
|
MNtech Co. Ltd
KQ:095500
|
$121.04 Million |
|
Wuhu Fuchun Dye and Weave Co.Ltd.
SHG:605189
|
$121.05 Million |
|
Sun Pharma Advanced Research Company Limited
NSE:SPARC
|
$121.05 Million |
|
Stylam Industries Limited
NSE:STYLAMIND
|
$121.00 Million |
|
Goodbaby International Holdings Limited
PINK:GBBYF
|
$120.98 Million |
|
RIMINI STREET DL-0001
F:0QH
|
$120.90 Million |
|
St Barbara Limited
PINK:STBMF
|
$120.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Salmon Evolution Holding AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,920,693,000 to 2,223,260,000, a change of 302,567,000 (15.8%).
- Net loss of 47,405,000 reduced equity.
- Share repurchases of 365,000,000 reduced equity.
- New share issuances of 365,000,000 increased equity.
- Other factors increased equity by 349,972,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-47.41 Million | -2.13% |
| Share Repurchases | Nkr365.00 Million | -16.42% |
| Share Issuances | Nkr365.00 Million | +16.42% |
| Other Changes | Nkr349.97 Million | +15.74% |
| Total Change | Nkr- | 15.75% |
Book Value vs Market Value Analysis
This analysis compares Salmon Evolution Holding 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: 0.96x
- 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-0.01 | Nkr4.60 | x |
| 2019-12-31 | Nkr0.17 | Nkr4.60 | x |
| 2020-12-31 | Nkr3.59 | Nkr4.60 | x |
| 2021-12-31 | Nkr4.17 | Nkr4.60 | x |
| 2022-12-31 | Nkr4.52 | Nkr4.60 | x |
| 2023-12-31 | Nkr4.64 | Nkr4.60 | x |
| 2024-12-31 | Nkr4.81 | Nkr4.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Salmon Evolution Holding 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): -2.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.13%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.43x
- Recent ROE (-2.13%) is above the historical average (-6.50%), indicating improving 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-1.84 Million |
| 2019 | -29.50% | 0.00% | 0.00x | 1.32x | Nkr-15.09 Million |
| 2020 | -2.13% | -2390.06% | 0.00x | 1.13x | Nkr-95.67 Million |
| 2021 | -2.04% | -219.51% | 0.01x | 1.31x | Nkr-156.20 Million |
| 2022 | -2.09% | -70.98% | 0.02x | 1.47x | Nkr-189.12 Million |
| 2023 | -7.59% | -95.07% | 0.06x | 1.41x | Nkr-337.84 Million |
| 2024 | -2.13% | -10.13% | 0.15x | 1.43x | Nkr-269.73 Million |
Industry Comparison
This section compares Salmon Evolution Holding AS's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $667,901,313
- Average return on equity (ROE) among peers: -8.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Salmon Evolution Holding AS (SALME) | Nkr2.05 Billion | 0.00% | 0.85x | $121.01 Million |
| Arctic Fish Holding AS (AFISH) | $340.40 Million | -4.12% | 0.27x | $29.36 Million |
| Andfjord Salmon AS (ANDF) | $323.27 Million | -10.64% | 0.49x | $10.64 Million |
| Barramundi Group Ltd (BARRA) | $22.83 Million | -134.45% | 2.17x | $6.80 Million |
| Biofish Holding AS (BFISH) | $20.97 Million | 32.50% | 5.77x | $5.15 Million |
| Gigante Salmon AS (GIGA) | $481.51 Million | 0.15% | 0.37x | $20.70 Million |
| Ice Fish Farm AS (IFISH) | $3.36 Billion | 2.00% | 0.50x | $3.01 Million |
| Icelandic Salmon As (ISLAX) | $126.28 Million | 1.87% | 0.35x | $70.73 Million |
| Kingfish Company Nv (KING) | $10.38 Million | -2.85% | 1.01x | $14.08 Million |
| Masoval AS (MAS) | $1.99 Billion | 31.22% | 1.51x | $60.94 Million |
| Norcod As (NCOD) | $30.00K | 0.00% | 0.00x | $13.16 Million |