Andfjord Salmon AS
Andfjord Salmon Group AS engages in the land-based farming of Atlantic salmon in Norway. The company was formerly known as Andfjord Salmon AS and changed its name to Andfjord Salmon Group AS in May 2024. Andfjord Salmon Group AS was incorporated in 2014 and is headquartered in Dverberg, Norway.
Andfjord Salmon AS (ANDF) - Total Assets
Latest total assets as of September 2025: Nkr4.52 Billion NOK
Based on the latest financial reports, Andfjord Salmon AS (ANDF) holds total assets worth Nkr4.52 Billion NOK 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.
Andfjord Salmon AS - Total Assets Trend (2017–2024)
This chart illustrates how Andfjord Salmon AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Andfjord Salmon AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Andfjord Salmon AS's total assets of Nkr4.52 Billion consist of 5.7% current assets and 94.3% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr-1.00K | 2.4% |
| Accounts Receivable | Nkr44.00K | 0.0% |
| Inventory | Nkr1.34 Million | 0.1% |
| Property, Plant & Equipment | Nkr2.24 Billion | 93.6% |
| Intangible Assets | Nkr16.42 Million | 0.7% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Andfjord Salmon 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: Andfjord Salmon AS's current assets represent 5.7% of total assets in 2024, a decrease from 58.2% in 2017.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2024, down from 51.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 93.6% of total assets.
Andfjord Salmon AS Competitors by Total Assets
Key competitors of Andfjord Salmon AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
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|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
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China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
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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 |
Andfjord Salmon 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 - Andfjord Salmon AS generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Andfjord Salmon AS is currently not profitable relative to its asset base.
Andfjord Salmon 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 | 0.69 | 1.18 | 4.97 |
| Quick Ratio | 0.67 | 1.17 | 4.97 |
| Cash Ratio | 0.00 | 0.95 | 0.00 |
| Working Capital | Nkr-249.59 Million | Nkr 31.10 Million | Nkr 132.99 Million |
Andfjord Salmon AS - Advanced Valuation Insights
This section examines the relationship between Andfjord Salmon 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 | 1.47 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 97.7% |
| Total Assets | Nkr2.40 Billion |
| Market Capitalization | $10.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Andfjord Salmon AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Andfjord Salmon AS's assets grew by 97.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Andfjord Salmon AS (2017–2024)
The table below shows the annual total assets of Andfjord Salmon AS from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr2.40 Billion | +97.67% |
| 2023-12-31 | Nkr1.21 Billion | +90.78% |
| 2022-12-31 | Nkr635.73 Million | +32.34% |
| 2021-12-31 | Nkr480.37 Million | +22.64% |
| 2020-12-31 | Nkr391.68 Million | +158.23% |
| 2019-12-31 | Nkr151.68 Million | +1464.20% |
| 2018-12-31 | Nkr9.70 Million | +50.94% |
| 2017-12-31 | Nkr6.42 Million | -- |