Ice Fish Farm AS (IFISH) - Total Assets
Based on the latest financial reports, Ice Fish Farm AS (IFISH) holds total assets worth Nkr529.66 Million NOK (≈ $55.74 Million 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.
Ice Fish Farm AS - Total Assets Trend (2017–2024)
This chart illustrates how Ice Fish Farm AS's total assets have evolved over time, based on quarterly financial data. Also see market cap of Ice Fish Farm AS for the company's overall valuation and market capitalisation.
Ice Fish Farm AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Ice Fish Farm AS's total assets of Nkr529.66 Million consist of 31.4% current assets and 68.6% non-current assets. Review debt load of Ice Fish Farm AS to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 0.5% |
| Accounts Receivable | Nkr8.50 Million | 1.8% |
| Inventory | Nkr136.36 Million | 28.3% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr195.47 Million | 40.5% |
| Goodwill | Nkr20.20 Million | 4.2% |
Asset Composition Trend (2017–2024)
This chart illustrates how Ice Fish Farm 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. See Ice Fish Farm AS (IFISH) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ice Fish Farm AS's current assets represent 31.4% of total assets in 2024, a decrease from 70.5% in 2017.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2024, up from 0.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 44.0% of total assets, an increase from 2.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 40.5% of total assets.
Ice Fish Farm AS Competitors by Total Assets
Key competitors of Ice Fish Farm AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
The Grob Tea Company Limited
NSE:GROBTEA
|
India | Rs1.38 Billion |
|
Mowi ASA
OL:MOWI
|
Norway | Nkr10.20 Billion |
|
Oncoinvent ASA
OL:KLDVK
|
USA | Nkr507.79 Million |
|
Heilongjiang Agriculture Co Ltd
SHG:600598
|
China | CN¥15.35 Billion |
|
UIE PLC
CO:UIE
|
Denmark | Dkr1.25 Billion |
|
FAP Agri Tbk PT
JK:FAPA
|
Indonesia | Rp10.34 Trillion |
|
Leshan Giantstar Farming & Husbandry Corp Ltd
SHG:603477
|
China | CN¥9.25 Billion |
|
Shandong Xiantan Co Ltd
SHE:002746
|
China | CN¥8.44 Billion |
Ice Fish Farm 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 | 3.67 | 0.27 | 3.67 |
| Quick Ratio | 0.52 | 0.03 | 1.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr126.84 Million | Nkr-41.28 Million | Nkr394.28 Million |
Ice Fish Farm AS - Advanced Valuation Insights
This section examines the relationship between Ice Fish Farm 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 | 0.94 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -90.4% |
| Total Assets | Nkr482.76 Million |
| Market Capitalization | $66.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ice Fish Farm AS's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ice Fish Farm AS's assets decreased by 90.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ice Fish Farm AS (2017–2024)
The table below shows the annual total assets of Ice Fish Farm AS from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr482.76 Million ≈ $50.80 Million |
-90.45% |
| 2023-12-31 | Nkr5.05 Billion ≈ $531.74 Million |
+37.22% |
| 2022-12-31 | Nkr3.68 Billion ≈ $387.53 Million |
+114.97% |
| 2021-12-31 | Nkr1.71 Billion ≈ $180.27 Million |
+16.72% |
| 2020-12-31 | Nkr1.47 Billion ≈ $154.44 Million |
+164.40% |
| 2019-12-31 | Nkr555.10 Million ≈ $58.41 Million |
-46.84% |
| 2018-12-31 | Nkr1.04 Billion ≈ $109.88 Million |
+207.14% |
| 2017-12-31 | Nkr339.97 Million ≈ $35.77 Million |
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About Ice Fish Farm AS
Ice Fish Farm AS engages in the salmon farming business in Iceland. It also operates smolt stations. The company was incorporated in 2020 and is headquartered in Seltjarnarnes, Iceland. Ice Fish Farm AS is a subsidiary of Måsøval Eiendom AS.