Atlantic Sapphire ASA

OTCQB:AASZF USA Farm Products
Market Cap
$17.26 Million
Market Cap Rank
#29237 Global
#9700 in USA
Share Price
$0.48
Change (1 day)
+0.00%
52-Week Range
$0.48 - $0.58
All Time High
$49375.00
About

Atlantic Sapphire ASA, together with its subsidiaries, engages in the production and sale of land-based salmon in Denmark and the United States. The company offers its products under the Bluehouse Salmon and Sapphire Salmon brand name. It serves retailers, restaurants, and other customers. The company was incorporated in 2010 and is headquartered in Vikebukt, Norway.

Atlantic Sapphire ASA (AASZF) - Total Assets

Latest total assets as of June 2025: $246.78 Million USD

Based on the latest financial reports, Atlantic Sapphire ASA (AASZF) holds total assets worth $246.78 Million USD as of June 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.

Atlantic Sapphire ASA - Total Assets Trend (2016–2024)

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

Atlantic Sapphire ASA - Asset Composition Analysis

Current Asset Composition (December 2024)

Atlantic Sapphire ASA's total assets of $246.78 Million consist of 20.7% current assets and 79.3% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 10.8%
Accounts Receivable $3.65 Million 1.3%
Inventory $22.72 Million 8.3%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2016–2024)

This chart illustrates how Atlantic Sapphire 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Atlantic Sapphire ASA's current assets represent 20.7% of total assets in 2024, a decrease from 24.6% in 2016.
  • Cash Position: Cash and equivalents constituted 10.8% of total assets in 2024, up from 7.9% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
  • Asset Diversification: The largest asset category is inventory at 8.3% of total assets.

Atlantic Sapphire ASA Competitors by Total Assets

Key competitors of Atlantic Sapphire ASA based on total assets are shown below.

Atlantic Sapphire ASA - 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 - 0.17

Lower asset utilization - Atlantic Sapphire ASA generates 0.08x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -61.14% - -5.20%

Negative ROA - Atlantic Sapphire ASA is currently not profitable relative to its asset base.

Atlantic Sapphire 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 2.10 1.41 1.40
Quick Ratio 0.53 0.58 0.73
Cash Ratio 0.00 0.00 0.00
Working Capital $18.22 Million $ 9.91 Million $ 6.80 Million

Atlantic Sapphire ASA - Advanced Valuation Insights

This section examines the relationship between Atlantic Sapphire 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 0.12
Latest Market Cap to Assets Ratio 0.03
Asset Growth Rate (YoY) -20.0%
Total Assets $273.67 Million
Market Capitalization $8.52 Million USD

Valuation Analysis

Below Book Valuation: The market values Atlantic Sapphire ASA's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Atlantic Sapphire ASA's assets decreased by 20.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Atlantic Sapphire ASA (2016–2024)

The table below shows the annual total assets of Atlantic Sapphire ASA from 2016 to 2024.

Year Total Assets Change
2024-12-31 $273.67 Million -20.04%
2023-12-31 $342.26 Million -4.28%
2022-12-31 $357.55 Million +14.70%
2021-12-31 $311.74 Million -2.87%
2020-12-31 $320.96 Million +26.92%
2019-12-31 $252.88 Million +66.46%
2018-12-31 $151.91 Million +66.52%
2017-12-31 $91.23 Million -13.79%
2016-12-31 $105.83 Million --