Salmon Evolution Holding AS
Salmon Evolution ASA, together with its subsidiaries, operates as a land-based salmon farming company in Norway and internationally. It focuses on the production of salmon meals. Salmon Evolution ASA was founded in 2017 and is headquartered in Elnesvågen, Norway.
Salmon Evolution Holding AS (SALME) - Total Assets
Latest total assets as of September 2025: Nkr3.81 Billion NOK
Based on the latest financial reports, Salmon Evolution Holding AS (SALME) holds total assets worth Nkr3.81 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.
Salmon Evolution Holding AS - Total Assets Trend (2018–2024)
This chart illustrates how Salmon Evolution Holding AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Salmon Evolution Holding AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Salmon Evolution Holding AS's total assets of Nkr3.81 Billion consist of 24.1% current assets and 75.9% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 13.4% |
| Accounts Receivable | Nkr90.52 Million | 2.8% |
| Inventory | Nkr183.87 Million | 5.8% |
| Property, Plant & Equipment | Nkr2.32 Billion | 73.0% |
| Intangible Assets | Nkr81.10 Million | 2.6% |
| Goodwill | Nkr44.23 Million | 1.4% |
Asset Composition Trend (2018–2024)
This chart illustrates how Salmon Evolution Holding 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: Salmon Evolution Holding AS's current assets represent 24.1% of total assets in 2024, a decrease from 27.8% in 2018.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2024, down from 15.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 73.0% of total assets.
Salmon Evolution Holding AS Competitors by Total Assets
Key competitors of Salmon Evolution Holding 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 |
Salmon Evolution Holding 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 - Salmon Evolution Holding AS generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Salmon Evolution Holding AS is currently not profitable relative to its asset base.
Salmon Evolution Holding 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 | 0.90 | 3.11 | 6.48 |
| Quick Ratio | 0.51 | 2.31 | 6.48 |
| Cash Ratio | 0.28 | 2.02 | 0.00 |
| Working Capital | Nkr-56.72 Million | Nkr 588.76 Million | Nkr 567.01 Million |
Salmon Evolution Holding AS - Advanced Valuation Insights
This section examines the relationship between Salmon Evolution Holding 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 | 1.07 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 17.5% |
| Total Assets | Nkr3.18 Billion |
| Market Capitalization | $121.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Salmon Evolution Holding AS's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Salmon Evolution Holding AS's assets grew by 17.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Salmon Evolution Holding AS (2018–2024)
The table below shows the annual total assets of Salmon Evolution Holding AS from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr3.18 Billion | +17.52% |
| 2023-12-31 | Nkr2.71 Billion | +17.49% |
| 2022-12-31 | Nkr2.31 Billion | +35.19% |
| 2021-12-31 | Nkr1.71 Billion | +91.07% |
| 2020-12-31 | Nkr892.81 Million | +1668.54% |
| 2019-12-31 | Nkr50.48 Million | +2367.40% |
| 2018-12-31 | Nkr2.05 Million | -- |