SalMar ASA (SALM) — Tangible Net Worth Ratio
SalMar ASA (SALM) has a Tangible Net Worth Ratio of -26.7% as of December 2025. This metric is calculated by deducting intangible assets (Nkr22.49 Billion) from net assets (Nkr17.75 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 SalMar ASA (SALM) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SalMar ASA Tangible Net Worth Ratio (2003–2025)
This chart shows how SalMar ASA's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at -26.7%, reflecting net assets of Nkr17.75 Billion with intangible assets of Nkr22.49 Billion NOK. See defensive interval ratio of SalMar ASA to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for SalMar ASA (2003–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for SalMar ASA from 2003 to 2025, covering 23 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 SalMar ASA market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -11.2% | Nkr20.15 Billion | Nkr22.41 Billion | Nkr57.95 Billion | ▼ -29.8 pp |
| 2024 | 18.6% | Nkr20.24 Billion | Nkr16.47 Billion | Nkr54.43 Billion | ▼ -13.5 pp |
| 2023 | 32.1% | Nkr23.08 Billion | Nkr15.67 Billion | Nkr53.33 Billion | ▼ -4.6 pp |
| 2022 | 36.7% | Nkr24.15 Billion | Nkr15.29 Billion | Nkr62.50 Billion | ▼ -13.1 pp |
| 2021 | 49.8% | Nkr15.48 Billion | Nkr7.78 Billion | Nkr28.09 Billion | ▲ +7.9 pp |
| 2020 | 41.9% | Nkr10.99 Billion | Nkr6.39 Billion | Nkr22.00 Billion | ▼ -14.0 pp |
| 2019 | 55.9% | Nkr9.74 Billion | Nkr4.30 Billion | Nkr17.99 Billion | ▼ -11.7 pp |
| 2018 | 67.6% | Nkr9.14 Billion | Nkr2.96 Billion | Nkr15.14 Billion | ▼ 0.0 pp |
| 2017 | 67.7% | Nkr7.67 Billion | Nkr2.48 Billion | Nkr12.93 Billion | ▲ +4.6 pp |
| 2016 | 63.1% | Nkr6.68 Billion | Nkr2.46 Billion | Nkr13.40 Billion | ▲ +10.3 pp |
| 2015 | 52.8% | Nkr5.23 Billion | Nkr2.47 Billion | Nkr10.94 Billion | ▲ +0.5 pp |
| 2014 | 52.3% | Nkr5.14 Billion | Nkr2.45 Billion | Nkr10.12 Billion | ▼ -7.6 pp |
| 2013 | 59.9% | Nkr5.06 Billion | Nkr2.03 Billion | Nkr9.93 Billion | ▲ +17.2 pp |
| 2012 | 42.6% | Nkr2.97 Billion | Nkr1.70 Billion | Nkr7.63 Billion | ▲ +9.6 pp |
| 2011 | 33.0% | Nkr2.21 Billion | Nkr1.48 Billion | Nkr6.32 Billion | ▼ -10.0 pp |
| 2010 | 43.0% | Nkr2.47 Billion | Nkr1.41 Billion | Nkr5.83 Billion | ▼ -1.9 pp |
| 2009 | 44.9% | Nkr1.70 Billion | Nkr935.92 Million | Nkr3.55 Billion | ▲ +14.4 pp |
| 2008 | 30.5% | Nkr1.32 Billion | Nkr914.12 Million | Nkr3.07 Billion | ▲ +6.9 pp |
| 2007 | 23.7% | Nkr1.32 Billion | Nkr1.01 Billion | Nkr2.89 Billion | ▲ +2.0 pp |
| 2006 | 21.7% | Nkr885.21 Million | Nkr693.11 Million | Nkr2.27 Billion | ▼ -28.3 pp |
| 2005 | 50.0% | Nkr407.59 Million | Nkr203.68 Million | Nkr1.20 Billion | ▲ +52.3 pp |
| 2004 | -2.2% | Nkr207.83 Million | Nkr212.48 Million | Nkr1.04 Billion | ▲ +19.2 pp |
| 2003 | -21.4% | Nkr146.77 Million | Nkr178.19 Million | Nkr953.09 Million | — |