Gigante Salmon AS Total Assets
Gigante Salmon AS total assets. Based on the latest financial reports, Gigante Salmon AS (GIGA) holds total assets worth Nkr1.32 Billion NOK (≈ $139.14 Million USD) 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. Also see Gigante Salmon AS (GIGA) total market value for the company's overall valuation and market capitalisation.
Total Assets of Gigante Salmon AS (2019–2024)
Total assets of Gigante Salmon AS from 2019 to 2024. This chart illustrates how Gigante Salmon AS's total assets have evolved over time, based on quarterly financial data. See current stock price of Gigante Salmon AS for real-time trading data and today's change.
Gigante Salmon AS - Asset Composition Analysis
Gigante Salmon AS Total Assets Breakdown (December 2024)
Gigante Salmon AS total assets breakdown as of December 2024. Gigante Salmon AS's total assets of Nkr1.32 Billion consist of 17.8% current assets and 82.2% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr106.62 Million | 8.8% |
| Accounts Receivable | Nkr6.07 Million | 0.5% |
| Inventory | Nkr76.26 Million | 6.3% |
| Property, Plant & Equipment | Nkr993.14 Million | 81.6% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Gigante 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. Explore GIGA working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gigante Salmon AS's current assets represent 17.8% of total assets in 2024, a decrease from 42.3% in 2019.
- Cash Position: Cash and equivalents constituted 8.8% of total assets in 2024, down from 40.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 25.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 81.6% of total assets.
Gigante Salmon AS Competitors by Total Assets
Key competitors of Gigante Salmon AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
The Peria Karamalai Tea & Produce Company Limited
NSE:PKTEA
|
India | Rs5.95 Billion |
|
Green Ocean Corporation Bhd
KLSE:0074
|
Malaysia | RM86.28 Million |
|
Triputra Agro Persada Tbk PT
JK:TAPG
|
Indonesia | Rp14.82 Trillion |
|
CAB Cakaran Corporation Bhd
KLSE:7174
|
Malaysia | RM1.97 Billion |
|
Village Farms International Inc
NASDAQ:VFF
|
USA | $428.47 Million |
|
AFFINOR GROWERS INC.
F:1AF0
|
Germany | €707.26K |
|
Shandong Yisheng Livestock & Poultry Breeding Co Ltd
SHE:002458
|
China | CN¥7.22 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥9.57 Billion |
Gigante 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 | 1.37 | 2.74 | 451.31 |
| Quick Ratio | 0.71 | 2.67 | 451.31 |
| Cash Ratio | 0.00 | 0.00 | 430.02 |
| Working Capital | Nkr48.04 Million | Nkr125.25 Million | Nkr63.82 Million |
Gigante Salmon AS - Advanced Valuation Insights
This section examines the relationship between Gigante 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 | 1.80 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 85.0% |
| Total Assets | Nkr1.22 Billion |
| Market Capitalization | $89.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gigante Salmon AS's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Gigante Salmon AS's assets grew by 85.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Gigante Salmon AS (2019–2024)
The table below shows the annual total assets of Gigante Salmon AS from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.22 Billion ≈ $128.01 Million |
+84.97% |
| 2023-12-31 | Nkr657.65 Million ≈ $69.20 Million |
+107.07% |
| 2022-12-31 | Nkr317.59 Million ≈ $33.42 Million |
+9.24% |
| 2021-12-31 | Nkr290.72 Million ≈ $30.59 Million |
+333.53% |
| 2020-12-31 | Nkr67.06 Million ≈ $7.06 Million |
+1630.33% |
| 2019-12-31 | Nkr3.88 Million ≈ $407.81K |
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About Gigante Salmon AS
Gigante Salmon AS engages in the land-based salmon farming business in Norway. The company was incorporated in 2001 and is headquartered in Bodø, Norway.