Grieg Seafood ASA (GSF) — Tangible Net Worth Ratio

Latest as of September 2025: 95.6%

Grieg Seafood ASA (GSF) has a Tangible Net Worth Ratio of 95.6% as of September 2025. This metric is calculated by deducting intangible assets (Nkr211.37 Million) from net assets (Nkr4.83 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See GSF current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.6%
Tangible equity / total equity

Net Assets (Equity)

Nkr4.83 Billion
NOK

Intangible Assets

Nkr211.37 Million
Goodwill, patents, brand value

Total Assets

Nkr12.56 Billion
NOK

Grieg Seafood ASA Tangible Net Worth Ratio (2005–2024)

This chart shows how Grieg Seafood ASA's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 95.6%, reflecting net assets of Nkr4.83 Billion with intangible assets of Nkr211.37 Million NOK. See GSF defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Grieg Seafood ASA (2005–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Grieg Seafood ASA from 2005 to 2024, covering 20 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Grieg Seafood ASA (GSF) market capitalisation.

Year Tangible NW Ratio Net Assets (NOK) Intangible Assets Total Assets Change (pp)
2024 69.4% Nkr3.85 Billion Nkr1.18 Billion Nkr13.05 Billion ▼ -8.1 pp
2023 77.5% Nkr6.67 Billion Nkr1.50 Billion Nkr13.66 Billion ▲ +0.3 pp
2022 77.2% Nkr6.49 Billion Nkr1.48 Billion Nkr12.88 Billion ▲ +5.5 pp
2021 71.7% Nkr5.56 Billion Nkr1.57 Billion Nkr10.71 Billion ▲ +7.1 pp
2020 64.6% Nkr4.37 Billion Nkr1.55 Billion Nkr10.64 Billion ▼ -7.6 pp
2019 72.2% Nkr4.14 Billion Nkr1.15 Billion Nkr8.93 Billion ▲ +1.8 pp
2018 70.5% Nkr3.88 Billion Nkr1.15 Billion Nkr8.14 Billion ▲ +2.9 pp
2017 67.5% Nkr3.35 Billion Nkr1.09 Billion Nkr7.15 Billion ▲ +1.2 pp
2016 66.4% Nkr3.21 Billion Nkr1.08 Billion Nkr6.77 Billion ▲ +16.0 pp
2015 50.4% Nkr2.24 Billion Nkr1.11 Billion Nkr5.94 Billion ▼ -1.1 pp
2014 51.5% Nkr2.22 Billion Nkr1.08 Billion Nkr5.04 Billion ▲ +1.7 pp
2013 49.8% Nkr1.99 Billion Nkr998.61 Million Nkr4.59 Billion ▲ +14.6 pp
2012 35.2% Nkr1.51 Billion Nkr980.54 Million Nkr4.07 Billion ▼ -6.1 pp
2011 41.3% Nkr1.69 Billion Nkr992.21 Million Nkr4.17 Billion ▼ -11.8 pp
2010 53.1% Nkr1.98 Billion Nkr929.33 Million Nkr4.06 Billion ▼ -46.5 pp
2009 99.6% Nkr1.37 Billion Nkr5.58 Million Nkr3.57 Billion ▲ +90.1 pp
2008 9.5% Nkr928.60 Million Nkr840.13 Million Nkr3.09 Billion ▼ -23.3 pp
2007 32.9% Nkr1.27 Billion Nkr849.84 Million Nkr2.98 Billion ▲ +5.3 pp
2006 27.6% Nkr579.25 Million Nkr419.46 Million Nkr1.60 Billion ▲ +13.9 pp
2005 13.7% Nkr185.76 Million Nkr160.24 Million Nkr830.46 Million
pp = percentage points