SalMar ASA (SALM) - Total Assets
Based on the latest financial reports, SalMar ASA (SALM) holds total assets worth Nkr57.95 Billion NOK (≈ $6.10 Billion USD) as of December 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 SalMar ASA (SALM) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
SalMar ASA - Total Assets Trend (2003–2025)
This chart illustrates how SalMar ASA's total assets have evolved over time, based on quarterly financial data. See SalMar ASA (SALM) shareholders funds for net asset value and shareholders' equity analysis.
SalMar ASA - Asset Composition Analysis
Current Asset Composition (December 2025)
SalMar ASA's total assets of Nkr57.95 Billion consist of 32.4% current assets and 67.6% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr759.00 Million | 1.3% |
| Accounts Receivable | Nkr1.35 Billion | 2.3% |
| Inventory | Nkr15.85 Billion | 27.4% |
| Property, Plant & Equipment | Nkr14.66 Billion | 25.3% |
| Intangible Assets | Nkr22.41 Billion | 38.7% |
| Goodwill | Nkr3.79 Billion | 6.5% |
Asset Composition Trend (2003–2025)
This chart illustrates how SalMar 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 market value of SalMar ASA.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SalMar ASA's current assets represent 32.4% of total assets in 2025, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2025, up from 0.4% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 44.0% of total assets, an increase from 18.0% in 2003.
- Asset Diversification: The largest asset category is intangible assets at 38.7% of total assets.
SalMar ASA Competitors by Total Assets
Key competitors of SalMar ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gopeng Bhd
KLSE:2135
|
Malaysia | RM628.89 Million |
|
Jiangxi Zhengbang Technology Co Ltd
SHE:002157
|
China | CN¥19.81 Billion |
|
Shandong Denghai Seeds Co Ltd
SHE:002041
|
China | CN¥5.09 Billion |
|
Winall Hi tech Seed
SHE:300087
|
China | CN¥6.69 Billion |
|
Hunan New Wellful Co Ltd
SHG:600975
|
China | CN¥11.94 Billion |
|
Australian Agricultural Company Ltd
AU:AAC
|
Australia | AU$2.57 Billion |
|
Inghams Group Ltd
AU:ING
|
Australia | AU$2.26 Billion |
|
Shandong Minhe Animal Husbandry Co Ltd
SHE:002234
|
China | CN¥3.59 Billion |
SalMar 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 | 2.05 | 1.73 | 1.99 |
| Quick Ratio | 0.32 | 0.26 | 0.37 |
| Cash Ratio | 0.08 | 0.05 | 0.00 |
| Working Capital | Nkr9.59 Billion | Nkr7.58 Billion | Nkr4.24 Billion |
SalMar ASA - Advanced Valuation Insights
This section examines the relationship between SalMar 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 | 4.06 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 6.5% |
| Total Assets | Nkr57.95 Billion |
| Market Capitalization | $7.30 Billion USD |
Valuation Analysis
Below Book Valuation: The market values SalMar ASA's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SalMar ASA's assets grew by 6.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SalMar ASA (2003–2025)
The table below shows the annual total assets of SalMar ASA from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr57.95 Billion ≈ $6.10 Billion |
+6.45% |
| 2024-12-31 | Nkr54.43 Billion ≈ $5.73 Billion |
+2.07% |
| 2023-12-31 | Nkr53.33 Billion ≈ $5.61 Billion |
-14.67% |
| 2022-12-31 | Nkr62.50 Billion ≈ $6.58 Billion |
+122.54% |
| 2021-12-31 | Nkr28.09 Billion ≈ $2.96 Billion |
+27.67% |
| 2020-12-31 | Nkr22.00 Billion ≈ $2.31 Billion |
+22.31% |
| 2019-12-31 | Nkr17.99 Billion ≈ $1.89 Billion |
+18.83% |
| 2018-12-31 | Nkr15.14 Billion ≈ $1.59 Billion |
+17.09% |
| 2017-12-31 | Nkr12.93 Billion ≈ $1.36 Billion |
-3.55% |
| 2016-12-31 | Nkr13.40 Billion ≈ $1.41 Billion |
+22.46% |
| 2015-12-31 | Nkr10.94 Billion ≈ $1.15 Billion |
+8.09% |
| 2014-12-31 | Nkr10.12 Billion ≈ $1.07 Billion |
+1.94% |
| 2013-12-31 | Nkr9.93 Billion ≈ $1.05 Billion |
+30.22% |
| 2012-12-31 | Nkr7.63 Billion ≈ $802.56 Million |
+20.75% |
| 2011-12-31 | Nkr6.32 Billion ≈ $664.67 Million |
+8.29% |
| 2010-12-31 | Nkr5.83 Billion ≈ $613.79 Million |
+64.29% |
| 2009-12-31 | Nkr3.55 Billion ≈ $373.60 Million |
+15.71% |
| 2008-12-31 | Nkr3.07 Billion ≈ $322.88 Million |
+6.03% |
| 2007-12-31 | Nkr2.89 Billion ≈ $304.51 Million |
+27.51% |
| 2006-12-31 | Nkr2.27 Billion ≈ $238.82 Million |
+88.55% |
| 2005-12-31 | Nkr1.20 Billion ≈ $126.66 Million |
+16.07% |
| 2004-12-31 | Nkr1.04 Billion ≈ $109.12 Million |
+8.80% |
| 2003-12-31 | Nkr953.09 Million ≈ $100.29 Million |
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About SalMar ASA
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Norway, Asia, Europe, North America, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It also engages in the broodstock, marine-phase farming, harvesting, processing, and smolt production activities.… Read more