Salmon Evolution Holding AS (SALME) - Net Assets
Based on the latest financial reports, Salmon Evolution Holding AS (SALME) has net assets worth Nkr2.02 Billion NOK (≈ $213.01 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr4.53 Billion ≈ $476.21 Million USD) and total liabilities (Nkr2.50 Billion ≈ $263.20 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 Salmon Evolution Holding AS (SALME) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr2.02 Billion |
| % of Total Assets | 44.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | 58.97% |
| 10-Year Change | N/A |
| Growth Volatility | 723.61 |
Salmon Evolution Holding AS - Net Assets Trend (2018–2025)
This chart illustrates how Salmon Evolution Holding AS's net assets have evolved over time, based on quarterly financial data. See Salmon Evolution Holding AS liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Salmon Evolution Holding AS (2018–2025)
The table below shows the annual net assets of Salmon Evolution Holding AS from 2018 to 2025. For live valuation and market cap data, see SALME market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr2.06 Billion ≈ $217.05 Million |
-7.22% |
| 2024-12-31 | Nkr2.22 Billion ≈ $233.95 Million |
+15.75% |
| 2023-12-31 | Nkr1.92 Billion ≈ $202.11 Million |
+22.81% |
| 2022-12-31 | Nkr1.56 Billion ≈ $164.57 Million |
+20.53% |
| 2021-12-31 | Nkr1.30 Billion ≈ $136.54 Million |
+64.57% |
| 2020-12-31 | Nkr788.44 Million ≈ $82.97 Million |
+1964.09% |
| 2019-12-31 | Nkr38.20 Million ≈ $4.02 Million |
+3011.43% |
| 2018-12-31 | Nkr-1.31 Million ≈ $-138.06K |
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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 37511600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr23.13 Million | 1.12% |
| Other Components | Nkr2.41 Billion | 117.08% |
| Total Equity | Nkr2.06 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 |
|---|---|
|
Blackrock Silver Corp
V:BRC
|
$239.09 Million |
|
Ingevec
SN:INGEVEC
|
$239.15 Million |
|
E-Lead Electronic Co Ltd
TW:2497
|
$239.17 Million |
|
Wuhan Golden Laser Co Ltd
SHE:300220
|
$239.17 Million |
|
Range Capital Acquisition Corp II Class A Ordinary Shares
NASDAQ:RNGT
|
$238.73 Million |
|
Titomic Ltd
AU:TTT
|
$238.65 Million |
|
SC Asset Corporation Public Company Limited
BK:SC
|
$238.64 Million |
|
Petron Malaysia Refining Marketing
KLSE:3042
|
$238.61 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 2024 to 2025, total equity changed from 2,223,260,000 to 2,062,673,000, a change of -160,587,000 (-7.2%).
- Net loss of 171,601,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-171.60 Million | -8.32% |
| Other Changes | Nkr11.01 Million | +0.53% |
| Total Change | Nkr- | -7.22% |
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: 0.92x
- 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 | Nkr4.10 | x |
| 2019-12-31 | Nkr0.17 | Nkr4.10 | x |
| 2020-12-31 | Nkr3.59 | Nkr4.10 | x |
| 2021-12-31 | Nkr4.17 | Nkr4.10 | x |
| 2022-12-31 | Nkr4.52 | Nkr4.10 | x |
| 2023-12-31 | Nkr4.64 | Nkr4.10 | x |
| 2024-12-31 | Nkr4.81 | Nkr4.10 | x |
| 2025-12-31 | Nkr4.46 | Nkr4.10 | 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): -8.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.76%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.04x
- Recent ROE (-8.32%) is below the historical average (-6.73%), 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-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 |
| 2025 | -8.32% | -52.76% | 0.08x | 2.04x | Nkr-377.87 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: $852,820,267
- Average return on equity (ROE) among peers: -4.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Salmon Evolution Holding AS (SALME) | Nkr2.02 Billion | 0.00% | 1.24x | $239.02 Million |
| Andfjord Salmon AS (ANDF) | $993.69 Million | -7.02% | 0.22x | $299.90 Million |
| Atlantic Sapphire As (ASA) | $239.56 Million | -55.43% | 0.30x | $3.72 Million |
| Austevoll Seafood ASA (AUSS) | $4.23 Billion | 12.00% | 1.08x | $1.78 Billion |
| P/f Bakkafrost (BAKKA) | $229.44 Million | 16.18% | 1.35x | $2.69 Billion |
| Barramundi Group Ltd (BARRA) | $30.89 Million | -35.71% | 1.23x | $12.92 Million |
| Biofish Holding AS (BFISH) | $14.15 Million | 17.24% | 8.18x | $20.74 Million |
| Clean Seas Seafood Ltd. (CSS) | $51.90 Million | 7.92% | 0.05x | $19.84 Million |
| Gigante Salmon AS (GIGA) | $279.70 Million | 2.00% | 0.14x | $124.35 Million |
| Grieg Seafood ASA (GSF) | $2.24 Billion | -0.30% | 1.65x | $350.80 Million |
| Ice Fish Farm AS (IFISH) | $222.74 Million | 2.36% | 1.49x | $64.33 Million |
About Salmon Evolution Holding AS
Salmon Evolution ASA, together with its subsidiaries, operates as a land-based salmon farming company in Norway and internationally. It offers salmon fish. Salmon Evolution ASA was founded in 2017 and is headquartered in Elnesvågen, Norway.