Nordic Halibut AS
Nordic Halibut AS produces and sells farmed Atlantic halibut products in Norway, the United States, the European Union, the United Kingdom, and internationally. It offers fresh, frozen, whole, and filleted halibut products. Nordic Halibut AS was founded in 1995 and is headquartered in Averøy, Norway.
Nordic Halibut AS (NOHAL) - Total Assets
Latest total assets as of September 2025: Nkr960.91 Million NOK
Based on the latest financial reports, Nordic Halibut AS (NOHAL) holds total assets worth Nkr960.91 Million 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.
Nordic Halibut AS - Total Assets Trend (2014–2024)
This chart illustrates how Nordic Halibut AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nordic Halibut AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Nordic Halibut AS's total assets of Nkr960.91 Million consist of 50.2% current assets and 49.8% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr23.47 Million | 3.4% |
| Accounts Receivable | Nkr29.94 Million | 3.9% |
| Inventory | Nkr332.01 Million | 43.0% |
| Property, Plant & Equipment | Nkr384.95 Million | 49.8% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Nordic Halibut 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: Nordic Halibut AS's current assets represent 50.2% of total assets in 2024, a decrease from 58.3% in 2014.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, up from 0.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 49.8% of total assets.
Nordic Halibut AS Competitors by Total Assets
Key competitors of Nordic Halibut 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 |
Nordic Halibut 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 - Nordic Halibut AS generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nordic Halibut AS is currently not profitable relative to its asset base.
Nordic Halibut 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 | 2.03 | 1.61 | 4.66 |
| Quick Ratio | 0.16 | 0.22 | 1.30 |
| Cash Ratio | 0.07 | 0.13 | 0.00 |
| Working Capital | Nkr230.81 Million | Nkr 124.64 Million | Nkr 185.59 Million |
Nordic Halibut AS - Advanced Valuation Insights
This section examines the relationship between Nordic Halibut 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 | 1.84 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 5.4% |
| Total Assets | Nkr772.75 Million |
| Market Capitalization | $46.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nordic Halibut AS's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Nordic Halibut AS's assets grew by 5.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Nordic Halibut AS (2014–2024)
The table below shows the annual total assets of Nordic Halibut AS from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr772.75 Million | +5.37% |
| 2023-12-31 | Nkr733.37 Million | +50.01% |
| 2022-12-31 | Nkr488.88 Million | -4.02% |
| 2021-12-31 | Nkr509.37 Million | +42.64% |
| 2020-12-31 | Nkr357.12 Million | +25.01% |
| 2019-12-31 | Nkr285.67 Million | +2.49% |
| 2018-12-31 | Nkr278.72 Million | -2.20% |
| 2017-12-31 | Nkr285.00 Million | +1.67% |
| 2016-12-31 | Nkr280.32 Million | -0.70% |
| 2015-12-31 | Nkr282.30 Million | +2.93% |
| 2014-12-31 | Nkr274.25 Million | -- |