Proximar Seafood AS

OL:PROXI Norway Farm Products
Market Cap
$27.10 Million
Nkr308.79 Million NOK
Market Cap Rank
#25629 Global
#144 in Norway
Share Price
Nkr0.59
Change (1 day)
+0.00%
52-Week Range
Nkr0.57 - Nkr3.55
All Time High
Nkr18.73
About

Proximar Seafood AS, a seafood company, engages in the land-based fish farming in Japan. The company primarily produces and sells Atlantic salmon. It serves retailers and sushi restaurant chains. The company was incorporated in 2015 and is headquartered in Bergen, Norway.

Proximar Seafood AS (PROXI) - Total Assets

Latest total assets as of September 2025: Nkr1.49 Billion NOK

Based on the latest financial reports, Proximar Seafood AS (PROXI) holds total assets worth Nkr1.49 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.

Proximar Seafood AS - Total Assets Trend (2018–2024)

This chart illustrates how Proximar Seafood AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Proximar Seafood AS - Asset Composition Analysis

Current Asset Composition (December 2024)

Proximar Seafood AS's total assets of Nkr1.49 Billion consist of 12.2% current assets and 87.8% non-current assets.

Asset Category Amount (NOK) % of Total Assets
Cash & Equivalents Nkr1.00K 3.4%
Accounts Receivable Nkr0.00 0.0%
Inventory Nkr4.60 Million 0.3%
Property, Plant & Equipment Nkr1.43 Billion 86.9%
Intangible Assets Nkr277.00K 0.0%
Goodwill Nkr0.00 0.0%

Asset Composition Trend (2018–2024)

This chart illustrates how Proximar Seafood 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: Proximar Seafood AS's current assets represent 12.2% of total assets in 2024, a decrease from 41.8% in 2018.
  • Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, down from 39.5% in 2018.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
  • Asset Diversification: The largest asset category is property, plant & equipment at 86.9% of total assets.

Proximar Seafood AS Competitors by Total Assets

Key competitors of Proximar Seafood AS based on total assets are shown below.

Proximar Seafood 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

Historical Range: 0.00 - 0.00

Lower asset utilization - Proximar Seafood 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

Historical Range: -326.48% - -2.62%

Negative ROA - Proximar Seafood AS is currently not profitable relative to its asset base.

Proximar Seafood 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 0.17 0.37 9.26
Quick Ratio 0.16 0.36 9.26
Cash Ratio 0.01 0.17 8.87
Working Capital Nkr-807.86 Million Nkr -438.99 Million Nkr 26.38 Million

Proximar Seafood AS - Advanced Valuation Insights

This section examines the relationship between Proximar Seafood 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 2.17
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 18.1%
Total Assets Nkr1.64 Billion
Market Capitalization $19.38 Million USD

Valuation Analysis

Below Book Valuation: The market values Proximar Seafood AS's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Proximar Seafood AS's assets grew by 18.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Proximar Seafood AS (2018–2024)

The table below shows the annual total assets of Proximar Seafood AS from 2018 to 2024.

Year Total Assets Change
2024-12-31 Nkr1.64 Billion +18.10%
2023-12-31 Nkr1.39 Billion +61.30%
2022-12-31 Nkr860.47 Million +76.16%
2021-12-31 Nkr488.45 Million +1164.72%
2020-12-31 Nkr38.62 Million +338.02%
2019-12-31 Nkr8.82 Million +232.15%
2018-12-31 Nkr2.65 Million --