Arctic Fish Holding AS
Arctic Fish Holding AS, together with its subsidiaries, engages in the salmon farming activities in the Westfjords, Iceland. It produces smolt and rainbow trout in the freshwater hatchery. The company also exports its products worldwide. The company was founded in 2011 and is headquartered in Ísafjörður, Iceland. Arctic Fish Holding AS is a subsidiary of Norway Royal Salmon ASA.
Arctic Fish Holding AS (AFISH) - Total Assets
Latest total assets as of June 2025: Nkr246.45 Million NOK
Based on the latest financial reports, Arctic Fish Holding AS (AFISH) holds total assets worth Nkr246.45 Million NOK as of June 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.
Arctic Fish Holding AS - Total Assets Trend (2017–2024)
This chart illustrates how Arctic Fish Holding AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Arctic Fish Holding AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Arctic Fish Holding AS's total assets of Nkr246.45 Million consist of 44.9% current assets and 55.1% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr3.68 Million | 1.6% |
| Accounts Receivable | Nkr289.00K | 0.1% |
| Inventory | Nkr103.73 Million | 41.5% |
| Property, Plant & Equipment | Nkr117.34 Million | 47.0% |
| Intangible Assets | Nkr6.25 Million | 2.5% |
| Goodwill | Nkr658.00K | 0.3% |
Asset Composition Trend (2017–2024)
This chart illustrates how Arctic Fish Holding AS'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: Arctic Fish Holding AS's current assets represent 44.9% of total assets in 2024, a decrease from 288.5% in 2017.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, up from 0.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 47.0% of total assets.
Arctic Fish Holding AS Competitors by Total Assets
Key competitors of Arctic Fish Holding AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Arctic Fish Holding AS - 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
Lower asset utilization - Arctic Fish Holding AS generates 0.32x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Arctic Fish Holding AS generates $ 1.05 in net profit.
Arctic Fish Holding AS - 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 | 2.83 | 4.97 | 1.49 |
| Quick Ratio | 0.39 | 0.74 | 1.45 |
| Cash Ratio | 0.00 | 0.43 | 0.00 |
| Working Capital | Nkr67.82 Million | Nkr 74.69 Million | Nkr 11.13 Million |
Arctic Fish Holding AS - Advanced Valuation Insights
This section examines the relationship between Arctic Fish Holding AS'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 | 1.82 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 10.8% |
| Total Assets | Nkr249.92 Million |
| Market Capitalization | $29.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Arctic Fish Holding AS's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Arctic Fish Holding AS's assets grew by 10.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Arctic Fish Holding AS (2017–2024)
The table below shows the annual total assets of Arctic Fish Holding AS from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr249.92 Million | +10.76% |
| 2023-12-31 | Nkr225.63 Million | -89.12% |
| 2022-12-31 | Nkr2.07 Billion | +44.62% |
| 2021-12-31 | Nkr1.43 Billion | +26.00% |
| 2020-12-31 | Nkr1.14 Billion | +1248.01% |
| 2019-12-31 | Nkr84.41 Million | +40.21% |
| 2018-12-31 | Nkr60.20 Million | -86.08% |
| 2017-12-31 | Nkr432.63 Million | -- |