Atlantic Sapphire ASA
Atlantic Sapphire ASA, together with its subsidiaries, engages in the production and sale of land-based salmon in Denmark and the United States. The company offers its products under the Bluehouse Salmon and Sapphire Salmon brand name. It serves retailers, restaurants, and other customers. The company was incorporated in 2010 and is headquartered in Vikebukt, Norway.
Atlantic Sapphire ASA (AASZF) - Net Assets
Latest net assets as of June 2025: $164.61 Million USD
Based on the latest financial reports, Atlantic Sapphire ASA (AASZF) has net assets worth $164.61 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($246.78 Million) and total liabilities ($82.17 Million). 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 | $164.61 Million |
| % of Total Assets | 66.7% |
| Annual Growth Rate | 17.52% |
| 5-Year Change | -20.6% |
| 10-Year Change | N/A |
| Growth Volatility | 31.04 |
Atlantic Sapphire ASA - Net Assets Trend (2016–2024)
This chart illustrates how Atlantic Sapphire ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Atlantic Sapphire ASA (2016–2024)
The table below shows the annual net assets of Atlantic Sapphire ASA from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $202.83 Million | -28.36% |
| 2023-12-31 | $283.14 Million | -4.47% |
| 2022-12-31 | $296.38 Million | +23.72% |
| 2021-12-31 | $239.56 Million | -6.23% |
| 2020-12-31 | $255.46 Million | +22.42% |
| 2019-12-31 | $208.68 Million | +51.83% |
| 2018-12-31 | $137.44 Million | +69.04% |
| 2017-12-31 | $81.31 Million | +45.83% |
| 2016-12-31 | $55.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atlantic Sapphire 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 53840500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $784.32 Million | 386.68% |
| Total Equity | $202.83 Million | 100.00% |
Atlantic Sapphire ASA Competitors by Market Cap
The table below lists competitors of Atlantic Sapphire ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chinyang Poly
KO:010640
|
$8.52 Million |
|
HLscience Co. Ltd
KQ:239610
|
$8.52 Million |
|
SCAND.INV.GR.NAM.B DK 05
F:2D2
|
$8.52 Million |
|
Duong Hieu Trading and Mining JSC
VN:DHM
|
$8.52 Million |
|
SWISS LIFE HLDG N - Dusseldorf Stock Exchang
DU:SLW
|
$8.51 Million |
|
J.R.W. Utility Public Company Limited
BK:JR
|
$8.51 Million |
|
Dome Gold Mines Ltd
AU:DME
|
$8.51 Million |
|
LEXIBOOK LING. 050
F:LXB
|
$8.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atlantic Sapphire ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 283,140,000 to 202,832,000, a change of -80,308,000 (-28.4%).
- Net loss of 167,321,000 reduced equity.
- New share issuances of 89,596,000 increased equity.
- Other factors decreased equity by 2,583,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-167.32 Million | -82.49% |
| Share Issuances | $89.60 Million | +44.17% |
| Other Changes | $-2.58 Million | -1.27% |
| Total Change | $- | -28.36% |
Book Value vs Market Value Analysis
This analysis compares Atlantic Sapphire 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: 0.09x
- 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 |
|---|---|---|---|
| 2016-12-31 | $0.00 | $0.48 | x |
| 2017-12-31 | $1.30 | $0.48 | x |
| 2018-12-31 | $2.20 | $0.48 | x |
| 2019-12-31 | $2.93 | $0.48 | x |
| 2020-12-31 | $3.17 | $0.48 | x |
| 2021-12-31 | $2.63 | $0.48 | x |
| 2022-12-31 | $1.86 | $0.48 | x |
| 2023-12-31 | $99.19 | $0.48 | x |
| 2024-12-31 | $5.66 | $0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atlantic Sapphire 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): -82.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -733.25%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.35x
- Recent ROE (-82.49%) is below the historical average (-32.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -44.16% | -138.06% | 0.17x | 1.90x | $-30.17 Million |
| 2017 | -8.12% | -439.39% | 0.02x | 1.12x | $-14.73 Million |
| 2018 | -8.29% | -2350.31% | 0.00x | 1.11x | $-25.14 Million |
| 2019 | -6.30% | -237.40% | 0.02x | 1.21x | $-34.02 Million |
| 2020 | -21.61% | -880.27% | 0.02x | 1.26x | $-80.74 Million |
| 2021 | -55.43% | -787.95% | 0.05x | 1.30x | $-156.73 Million |
| 2022 | -21.93% | -342.97% | 0.05x | 1.21x | $-94.64 Million |
| 2023 | -47.24% | -955.76% | 0.04x | 1.21x | $-162.07 Million |
| 2024 | -82.49% | -733.25% | 0.08x | 1.35x | $-187.60 Million |
Industry Comparison
This section compares Atlantic Sapphire ASA's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,255,871,752
- Average return on equity (ROE) among peers: -62.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atlantic Sapphire ASA (AASZF) | $164.61 Million | -44.16% | 0.50x | $8.52 Million |
| African Agriculture Holdings Inc (AAGRW) | $-3.75 Million | 0.00% | 0.00x | $107.62K |
| Australian Agricultural Company Limited (AAYYY) | $671.99 Million | 1.57% | 0.73x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $8.53 Billion | 12.24% | 1.27x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $572.98 Million | 15.52% | 0.10x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $5.32 Million | -457.58% | 45.29x | $31.15 Million |
| Adecoagro SA (AGRO) | $645.13 Million | 1.55% | 1.49x | $272.09 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $163.20K | -177.61% | 22.30x | $4.61 Million |
| Alico Inc (ALCO) | $115.49 Million | 4.08% | 1.37x | $221.07 Million |
| Astral Foods Limited (ALFDF) | $764.83 Million | 34.55% | 1.40x | $170.88 Million |