Iceland Seafood International hf.

IC:ICESEA Iceland Packaged Foods
Market Cap
$109.96 Million
Ikr15.48 Billion ISK
Market Cap Rank
#19253 Global
#21 in Iceland
Share Price
Ikr5.05
Change (1 day)
-0.98%
52-Week Range
Ikr4.46 - Ikr5.30
All Time High
Ikr18.00
About

Iceland Seafood International hf., together with its subsidiaries, engages in exporting of seafood worldwide. It operates through Value Added Southern Europe, Value Added Northern Europe, and Sales & Distribution segments. The company offers ready meals, fresh seafood, coated products, shellfish, smoked fish, landfrozen, light and wet salted, frozen at sea, pelagic fish, cephalopod, and dried pro… Read more

Iceland Seafood International hf. (ICESEA) - Total Assets

Latest total assets as of September 2025: Ikr243.70 Million ISK

Based on the latest financial reports, Iceland Seafood International hf. (ICESEA) holds total assets worth Ikr243.70 Million ISK as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Iceland Seafood International hf. - Total Assets Trend (2017–2024)

This chart illustrates how Iceland Seafood International hf.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Iceland Seafood International hf. - Asset Composition Analysis

Current Asset Composition (December 2024)

Iceland Seafood International hf.'s total assets of Ikr243.70 Million consist of 60.3% current assets and 39.7% non-current assets.

Asset Category Amount (ISK) % of Total Assets
Cash & Equivalents Ikr0.00 5.1%
Accounts Receivable Ikr68.35 Million 26.9%
Inventory Ikr61.86 Million 24.4%
Property, Plant & Equipment Ikr0.00 0.0%
Intangible Assets Ikr361.00K 0.1%
Goodwill Ikr56.22 Million 22.1%

Asset Composition Trend (2017–2024)

This chart illustrates how Iceland Seafood International hf.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Iceland Seafood International hf.'s current assets represent 60.3% of total assets in 2024, a decrease from 78.5% in 2017.
  • Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, up from 2.5% in 2017.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 10.0% in 2017.
  • Asset Diversification: The largest asset category is accounts receivable at 26.9% of total assets.

Iceland Seafood International hf. Competitors by Total Assets

Key competitors of Iceland Seafood International hf. based on total assets are shown below.

Iceland Seafood International hf. - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 1.45 - 2.83

Strong asset utilization - Iceland Seafood International hf. generates 1.75x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -7.93% - 3.14%

Moderate ROA - For every $100 in assets, Iceland Seafood International hf. generates $ 1.05 in net profit.

Iceland Seafood International hf. - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.13 0.96 1.14
Quick Ratio 0.61 0.51 0.56
Cash Ratio 0.00 0.00 0.00
Working Capital Ikr17.12 Million Ikr -5.57 Million Ikr 19.84 Million

Iceland Seafood International hf. - Advanced Valuation Insights

This section examines the relationship between Iceland Seafood International hf.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.27
Latest Market Cap to Assets Ratio 0.31
Asset Growth Rate (YoY) -0.3%
Total Assets Ikr253.92 Million
Market Capitalization $78.24 Million USD

Valuation Analysis

Below Book Valuation: The market values Iceland Seafood International hf.'s assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Iceland Seafood International hf.'s assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Iceland Seafood International hf. (2017–2024)

The table below shows the annual total assets of Iceland Seafood International hf. from 2017 to 2024.

Year Total Assets Change
2024-12-31 Ikr253.92 Million -0.35%
2023-12-31 Ikr254.81 Million -12.24%
2022-12-31 Ikr290.35 Million +3.94%
2021-12-31 Ikr279.35 Million +15.69%
2020-12-31 Ikr241.47 Million +15.28%
2019-12-31 Ikr209.46 Million +8.08%
2018-12-31 Ikr193.79 Million +119.82%
2017-12-31 Ikr88.16 Million --