Norway Royal Salmon AS Logo

Norway Royal Salmon AS

NRS.OL

(2.2)
Stock Price

152,20 NOK

11.52% ROA

20.5% ROE

9.48x PER

Market Cap.

0,00 NOK

72.06% DER

0% Yield

11.95% NPM

Norway Royal Salmon AS Stock Analysis

Norway Royal Salmon AS Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Norway Royal Salmon AS Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

2 ROE

ROE in an average range (6.59%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (3.57%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.69x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 DER

The stock has a reasonable amount of debt compared to its ownership (57%), suggesting a balanced financial position and a moderate level of risk.

6 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (5.592) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

Norway Royal Salmon AS Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Norway Royal Salmon AS Technical Stock Analysis
# Analysis Recommendation

Norway Royal Salmon AS Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Norway Royal Salmon AS Revenue
Year Revenue Growth
2008 1.349.232.000
2009 1.602.502.000 15.8%
2010 2.002.085.000 19.96%
2011 1.734.022.000 -15.46%
2012 1.744.266.000 0.59%
2013 2.603.712.000 33.01%
2014 2.599.799.000 -0.15%
2015 3.210.548.000 19.02%
2016 4.224.340.000 24%
2017 4.937.798.000 14.45%
2018 5.080.806.000 2.81%
2019 5.586.670.000 9.05%
2020 5.118.867.000 -9.14%
2021 5.800.895.000 11.76%
2022 6.719.824.000 13.67%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Norway Royal Salmon AS Research and Development Expenses
Year Research and Development Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Norway Royal Salmon AS General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 10.511.000 100%
2013 10.591.000 0.76%
2014 16.181.000 34.55%
2015 20.168.000 19.77%
2016 13.983.000 -44.23%
2017 18.278.000 23.5%
2018 25.839.000 29.26%
2019 28.556.000 9.51%
2020 37.602.000 24.06%
2021 72.619.000 48.22%
2022 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Norway Royal Salmon AS EBITDA
Year EBITDA Growth
2008 13.008.000
2009 103.928.000 87.48%
2010 187.480.000 44.57%
2011 8.877.000 -2011.97%
2012 103.698.000 91.44%
2013 448.454.000 76.88%
2014 370.616.000 -21%
2015 340.687.000 -8.78%
2016 1.234.797.000 72.41%
2017 418.043.000 -195.38%
2018 973.902.000 57.08%
2019 1.503.254.000 35.21%
2020 194.922.000 -671.21%
2021 870.119.000 77.6%
2022 1.121.840.000 22.44%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Norway Royal Salmon AS Gross Profit
Year Gross Profit Growth
2008 85.079.000
2009 123.618.000 31.18%
2010 253.404.000 51.22%
2011 184.759.000 -37.15%
2012 253.403.000 27.09%
2013 560.503.000 54.79%
2014 481.977.000 -16.29%
2015 527.893.000 8.7%
2016 1.157.564.000 54.4%
2017 853.898.000 -35.56%
2018 1.238.834.000 31.07%
2019 868.147.000 -42.7%
2020 588.328.000 -47.56%
2021 1.210.119.000 51.38%
2022 1.822.632.000 33.61%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Norway Royal Salmon AS Net Profit
Year Net Profit Growth
2008 -9.388.000
2009 76.537.000 112.27%
2010 132.127.000 42.07%
2011 -1.618.000 8266.07%
2012 31.618.000 105.12%
2013 315.805.000 89.99%
2014 268.285.000 -17.71%
2015 237.583.000 -12.92%
2016 1.004.714.000 76.35%
2017 236.416.000 -324.98%
2018 709.090.000 66.66%
2019 390.497.000 -81.59%
2020 74.687.000 -422.84%
2021 693.409.000 89.23%
2022 737.172.000 5.94%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Norway Royal Salmon AS Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 0
2009 2 100%
2010 3 66.67%
2011 0 0%
2012 1 0%
2013 7 100%
2014 6 -20%
2015 5 0%
2016 22 77.27%
2017 5 -340%
2018 16 66.67%
2019 9 -87.5%
2020 2 -700%
2021 16 93.75%
2022 17 5.88%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Norway Royal Salmon AS Free Cashflow
Year Free Cashflow Growth
2008 550.000
2009 -66.277.000 100.83%
2010 -2.680.000 -2373.02%
2011 -120.184.000 97.77%
2012 -37.575.000 -219.85%
2013 146.436.000 125.66%
2014 -81.256.000 280.22%
2015 127.446.000 163.76%
2016 506.879.000 74.86%
2017 -40.966.000 1337.32%
2018 393.755.000 110.4%
2019 -360.946.000 209.09%
2020 -1.031.996.000 65.02%
2021 -728.287.000 -41.7%
2022 110.672.000 758.06%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Norway Royal Salmon AS Operating Cashflow
Year Operating Cashflow Growth
2008 13.275.000
2009 -41.209.000 132.21%
2010 63.071.000 165.34%
2011 -25.781.000 344.64%
2012 -2.828.000 -811.63%
2013 211.835.000 101.34%
2014 95.456.000 -121.92%
2015 340.196.000 71.94%
2016 628.302.000 45.85%
2017 170.504.000 -268.5%
2018 806.696.000 78.86%
2019 223.291.000 -261.28%
2020 384.548.000 41.93%
2021 275.423.000 -39.62%
2022 293.283.000 6.09%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Norway Royal Salmon AS Capital Expenditure
Year Capital Expenditure Growth
2008 12.725.000
2009 25.068.000 49.24%
2010 65.751.000 61.87%
2011 94.403.000 30.35%
2012 34.747.000 -171.69%
2013 65.399.000 46.87%
2014 176.712.000 62.99%
2015 212.750.000 16.94%
2016 121.423.000 -75.21%
2017 211.470.000 42.58%
2018 412.941.000 48.79%
2019 584.237.000 29.32%
2020 1.416.544.000 58.76%
2021 1.003.710.000 -41.13%
2022 182.611.000 -449.64%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Norway Royal Salmon AS Equity
Year Equity Growth
2007 167.109.000
2008 298.284.000 43.98%
2009 365.588.000 18.41%
2010 537.934.000 32.04%
2011 495.433.000 -8.58%
2012 566.785.000 12.59%
2013 814.632.000 30.42%
2014 949.125.000 14.17%
2015 1.113.788.000 14.78%
2016 2.013.983.000 44.7%
2017 1.813.268.000 -11.07%
2018 2.279.243.000 20.44%
2019 3.311.090.000 31.16%
2020 3.091.096.000 -7.12%
2021 3.672.841.000 15.84%
2022 3.905.841.000 5.97%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Norway Royal Salmon AS Assets
Year Assets Growth
2007 526.970.000
2008 848.298.000 37.88%
2009 1.083.029.000 21.67%
2010 1.464.838.000 26.06%
2011 1.467.292.000 0.17%
2012 1.675.527.000 12.43%
2013 2.051.612.000 18.33%
2014 2.599.463.000 21.08%
2015 2.870.246.000 9.43%
2016 3.713.382.000 22.71%
2017 3.855.162.000 3.68%
2018 4.090.834.000 5.76%
2019 4.680.539.000 12.6%
2020 5.814.710.000 19.51%
2021 7.671.725.000 24.21%
2022 8.809.912.000 12.92%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Norway Royal Salmon AS Liabilities
Year Liabilities Growth
2007 352.122.000
2008 520.499.000 32.35%
2009 682.709.000 23.76%
2010 885.042.000 22.86%
2011 934.630.000 5.31%
2012 1.067.757.000 12.47%
2013 1.182.625.000 9.71%
2014 1.585.556.000 25.41%
2015 1.683.727.000 5.83%
2016 1.666.365.000 -1.04%
2017 2.004.133.000 16.85%
2018 1.770.048.000 -13.22%
2019 1.323.498.000 -33.74%
2020 2.684.018.000 50.69%
2021 3.998.884.000 32.88%
2022 4.153.394.000 3.72%

Norway Royal Salmon AS Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
134.35
Net Income per Share
16.06
Price to Earning Ratio
9.48x
Price To Sales Ratio
0x
POCF Ratio
23.86
PFCF Ratio
0
Price to Book Ratio
1.79
EV to Sales
0.45
EV Over EBITDA
3.02
EV to Operating CashFlow
9.54
EV to FreeCashFlow
-3.61
Earnings Yield
0.11
FreeCashFlow Yield
0
Market Cap
0,00 Bil.
Enterprise Value
2,63 Bil.
Graham Number
175.32
Graham NetNet
-69.89

Income Statement Metrics

Net Income per Share
16.06
Income Quality
0.45
ROE
0.21
Return On Assets
0.09
Return On Capital Employed
0.11
Net Income per EBT
0.94
EBT Per Ebit
1.02
Ebit per Revenue
0.12
Effective Tax Rate
0.06

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.21
Operating Profit Margin
0.12
Pretax Profit Margin
0.13
Net Profit Margin
0.12

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
6.38
Free CashFlow per Share
-16.87
Capex to Operating CashFlow
-3.64
Capex to Revenue
-0.17
Capex to Depreciation
-6.7
Return on Invested Capital
0.11
Return on Tangible Assets
0.12
Days Sales Outstanding
0
Days Payables Outstanding
52.54
Days of Inventory on Hand
153.06
Receivables Turnover
0
Payables Turnover
6.95
Inventory Turnover
2.38
Capex per Share
-23.25

Balance Sheet

Cash per Share
0,43
Book Value per Share
85,06
Tangible Book Value per Share
46.76
Shareholders Equity per Share
85.06
Interest Debt per Share
62.71
Debt to Equity
0.72
Debt to Assets
0.34
Net Debt to EBITDA
3.02
Current Ratio
2.07
Tangible Asset Value
2,02 Bil.
Net Current Asset Value
-1,54 Bil.
Invested Capital
0.72
Working Capital
1,27 Bil.
Intangibles to Total Assets
0.22
Average Receivables
0,00 Bil.
Average Payables
0,64 Bil.
Average Inventory
1655683000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Norway Royal Salmon AS Dividends
Year Dividends Growth
2011 1
2013 1 100%
2014 1 0%
2015 1 0%
2016 1 100%
2017 8 85.71%
2018 4 -133.33%
2019 4 25%
2020 2 -100%
2021 1 -100%

Norway Royal Salmon AS Profile

About Norway Royal Salmon AS

Norway Royal Salmon ASA produces, harvests, sells, and markets smolt and salmon products in Norway. The company offers fresh and frozen salmon fish, round fish, fillet, portions, and smoked and marinated products. It also exports its products to 48 countries. Norway Royal Salmon ASA was founded in 1992 and is headquartered in Trondheim, Norway. Norway Royal Salmon AS operates as a subsidiary of NTS ASA.

CEO
Mr. Charles Høstlund
Employee
273
Address
Ferjemannsveien 10
Trondheim, 7414

Norway Royal Salmon AS Executives & BODs

Norway Royal Salmon AS Executives & BODs
# Name Age
1 Fredd Wilsgård
Gen. Mang. of Nor Seafood
70
2 Hanne-Guri Haug
Chief HSE Officer
70
3 Ms. Anne-Sofie Utne
Chief Operating Officer of Bus. Devel.
70
4 Mr. Bjørn Kleven
Interim Chief Financial Officer & Group Accounting Mang.
70
5 Mr. Arve Olav Lervåg
Chief Operating Officer of Farming
70
6 Mr. Stein Martinsen
Sales Director of NRS Trading
70
7 Mr. Tore Evjen
Chief Operating Officer of Freshwater
70
8 Mr. Charles Høstlund
Interim Chief Executive Officer
70

Norway Royal Salmon AS Competitors