Grieg Seafood ASA (GSF) - Total Assets
Based on the latest financial reports, Grieg Seafood ASA (GSF) holds total assets worth Nkr12.56 Billion NOK (≈ $1.32 Billion USD) 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. Explore how well can Grieg Seafood ASA service its debt to assess how comfortably operating cash covers total debt obligations.
Grieg Seafood ASA - Total Assets Trend (2005–2024)
This chart illustrates how Grieg Seafood ASA's total assets have evolved over time, based on quarterly financial data. See what is Grieg Seafood ASA's book value for net asset value and shareholders' equity analysis.
Grieg Seafood ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Grieg Seafood ASA's total assets of Nkr12.56 Billion consist of 46.4% current assets and 53.6% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 1.6% |
| Accounts Receivable | Nkr285.60 Million | 2.2% |
| Inventory | Nkr5.22 Billion | 40.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr1.18 Billion | 9.0% |
| Goodwill | Nkr20.46 Million | 0.2% |
Asset Composition Trend (2005–2024)
This chart illustrates how Grieg Seafood ASA'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. For live market cap, price, and company overview, see GSF stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Grieg Seafood ASA's current assets represent 46.4% of total assets in 2024, a decrease from 47.4% in 2005.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, up from 1.2% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, a decrease from 24.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 40.0% of total assets.
Grieg Seafood ASA Competitors by Total Assets
Key competitors of Grieg Seafood ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MOWI ASA SP.ADR
F:PNDA
|
Germany | €10.23 Billion |
|
Pt Pradiksi Gunatama Tbk
JK:PGUN
|
Indonesia | Rp2.51 Trillion |
|
Fujian Tianma Science and Technology Group Co Ltd
SHG:603668
|
China | CN¥9.57 Billion |
|
SLC Agrícola S.A
SA:SLCE3
|
Brazil | R$21.34 Billion |
|
Hunan New Wellful Co Ltd
SHG:600975
|
China | CN¥11.94 Billion |
|
Molinos Agro SA
BA:MOLA
|
Argentina | AR$1.01 Trillion |
|
Guilin Layn Natural Ingredients Corp
SHE:002166
|
China | CN¥5.13 Billion |
|
Inghams Group Ltd
AU:ING
|
Australia | AU$2.26 Billion |
Grieg Seafood ASA - 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 | 2.90 | 1.61 | 3.60 |
| Quick Ratio | 2.54 | 0.18 | 1.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr7.30 Billion | Nkr2.10 Billion | Nkr3.79 Billion |
Grieg Seafood ASA - Advanced Valuation Insights
This section examines the relationship between Grieg Seafood ASA'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 | 1.69 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -4.5% |
| Total Assets | Nkr13.05 Billion |
| Market Capitalization | $356.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values Grieg Seafood ASA's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Grieg Seafood ASA's assets decreased by 4.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Grieg Seafood ASA (2005–2024)
The table below shows the annual total assets of Grieg Seafood ASA from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr13.05 Billion ≈ $1.37 Billion |
-4.49% |
| 2023-12-31 | Nkr13.66 Billion ≈ $1.44 Billion |
+6.12% |
| 2022-12-31 | Nkr12.88 Billion ≈ $1.35 Billion |
+20.17% |
| 2021-12-31 | Nkr10.71 Billion ≈ $1.13 Billion |
+0.73% |
| 2020-12-31 | Nkr10.64 Billion ≈ $1.12 Billion |
+19.05% |
| 2019-12-31 | Nkr8.93 Billion ≈ $940.19 Million |
+9.73% |
| 2018-12-31 | Nkr8.14 Billion ≈ $856.82 Million |
+13.84% |
| 2017-12-31 | Nkr7.15 Billion ≈ $752.66 Million |
+5.68% |
| 2016-12-31 | Nkr6.77 Billion ≈ $712.19 Million |
+14.02% |
| 2015-12-31 | Nkr5.94 Billion ≈ $624.61 Million |
+17.72% |
| 2014-12-31 | Nkr5.04 Billion ≈ $530.58 Million |
+9.84% |
| 2013-12-31 | Nkr4.59 Billion ≈ $483.06 Million |
+12.78% |
| 2012-12-31 | Nkr4.07 Billion ≈ $428.31 Million |
-2.44% |
| 2011-12-31 | Nkr4.17 Billion ≈ $439.04 Million |
+2.82% |
| 2010-12-31 | Nkr4.06 Billion ≈ $426.98 Million |
+13.70% |
| 2009-12-31 | Nkr3.57 Billion ≈ $375.52 Million |
+15.31% |
| 2008-12-31 | Nkr3.09 Billion ≈ $325.65 Million |
+4.02% |
| 2007-12-31 | Nkr2.98 Billion ≈ $313.06 Million |
+86.48% |
| 2006-12-31 | Nkr1.60 Billion ≈ $167.88 Million |
+92.11% |
| 2005-12-31 | Nkr830.46 Million ≈ $87.39 Million |
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About Grieg Seafood ASA
Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally. It engages in the farming, production, and sale of Atlantic salmon. The company was incorporated in 1988 and is based in Bergen, Norway. Grieg Seafood ASA operates as a subsidiary of Grieg Aqua AS.