See more : Cannindah Resources Limited (CAE.AX) Income Statement Analysis – Financial Results
Complete financial analysis of SalMar ASA (SALRY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of SalMar ASA, a leading company in the Agricultural Farm Products industry within the Consumer Defensive sector.
You may be interested
- Banco Inter S.A. (BIDI4.SA) Income Statement Analysis – Financial Results
- Finder Energy Holdings Limited (FDR.AX) Income Statement Analysis – Financial Results
- First Guaranty Bancshares, Inc. (FGBIP) Income Statement Analysis – Financial Results
- Hebei Yichen Industrial Group Corporation Limited (1596.HK) Income Statement Analysis – Financial Results
- Sana Biotechnology, Inc. (SANA) Income Statement Analysis – Financial Results
SalMar ASA (SALRY)
About SalMar ASA
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.10B | 20.16B | 15.04B | 12.91B | 12.24B | 11.34B | 10.76B | 8.96B | 7.33B | 7.19B | 6.25B | 4.20B | 3.80B | 3.40B | 2.38B | 1.70B | 1.68B | 1.24B | 866.58M | 784.17M |
| Cost of Revenue | 11.50B | 9.60B | 6.49B | 6.32B | 6.21B | 3.90B | 5.96B | 3.25B | 3.70B | 3.49B | 2.67B | 2.15B | 2.04B | 2.01B | 1.14B | 818.17M | 788.90M | 520.55M | 429.51M | 449.02M |
| Gross Profit | 16.60B | 10.56B | 8.55B | 6.59B | 6.03B | 7.44B | 4.79B | 5.71B | 3.63B | 3.69B | 3.58B | 2.05B | 1.75B | 1.39B | 1.24B | 886.07M | 888.79M | 720.12M | 437.08M | 335.15M |
| Gross Profit Ratio | 59.08% | 52.38% | 56.84% | 51.06% | 49.28% | 65.63% | 44.54% | 63.70% | 49.54% | 51.39% | 57.26% | 48.76% | 46.21% | 40.78% | 52.16% | 51.99% | 52.98% | 58.04% | 50.44% | 42.74% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 73.23M | 93.67M | 63.70M | 47.20M | 53.09M | 17.71M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 87.75M | 61.38M | 44.70M | 39.51M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 94.78M | 33.59M | 0.00 | 249.70M | 235.45M | 1.43M | 1.01M | 119.84M |
| Selling & Marketing | 1.84B | 1.67B | 1.28B | 1.05B | 720.06M | 681.09M | 672.15M | 550.78M | 559.53M | 445.22M | 423.08M | 322.50M | 301.09M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.93B | 1.73B | 1.32B | 1.05B | 720.06M | 681.09M | 672.15M | 550.78M | 559.53M | 445.22M | 423.08M | 322.50M | 395.87M | 33.59M | 0.00 | 249.70M | 235.45M | 1.43M | 1.01M | 119.84M |
| Other Expenses | 6.17B | 4.70B | 3.54B | 2.70B | 2.39B | 2.34B | 1.53B | 2.06B | 1.60B | 1.44B | 1.36B | 1.12B | 3.64M | 378.51M | 643.03M | 318.23M | 241.94M | -183.50M | -147.42M | 92.55M |
| Operating Expenses | 8.09B | 6.43B | 4.86B | 3.76B | 3.11B | 3.02B | 2.21B | 2.61B | 2.16B | 1.88B | 1.78B | 1.44B | 1.15B | 412.10M | 643.03M | 567.92M | 477.39M | 209.07M | 186.60M | 212.39M |
| Cost & Expenses | 19.59B | 16.03B | 11.35B | 10.08B | 9.32B | 6.92B | 8.17B | 5.86B | 5.85B | 5.37B | 4.45B | 3.60B | 3.19B | 2.43B | 1.78B | 1.39B | 1.27B | 729.62M | 616.11M | 661.41M |
| Interest Income | 102.17M | 28.41M | 15.19M | 10.26M | 12.47M | 10.96M | 11.11M | 5.01M | 3.48M | 9.06M | 9.96M | 2.96M | 8.05M | 24.13M | 30.40M | 3.85M | 47.10M | 738.00K | 384.00K | 22.62M |
| Interest Expense | 1.22B | 364.25M | 184.65M | 149.85M | 170.19M | 116.10M | 106.96M | 106.33M | 98.78M | 124.19M | 168.05M | 150.22M | 133.78M | 64.53M | 33.20M | 72.18M | 5.07M | 29.02M | 21.40M | 10.03M |
| Depreciation & Amortization | 1.45B | 1.00B | 803.14M | 780.97M | 716.81M | 487.78M | 414.69M | 358.02M | 321.45M | 278.16M | 225.82M | 170.17M | 132.00M | 93.96M | 66.58M | 55.23M | 50.67M | 37.87M | 27.27M | 23.51M |
| EBITDA | 9.95B | 4.58B | 4.26B | 3.53B | 3.69B | 5.06B | 3.17B | 3.81B | 1.80B | 2.03B | 2.72B | 947.76M | 391.81M | 1.42B | 733.88M | 375.79M | 537.00M | 628.15M | 367.85M | 143.71M |
| EBITDA Ratio | 35.43% | 22.73% | 29.39% | 27.54% | 30.19% | 45.63% | 29.51% | 42.65% | 25.03% | 30.56% | 40.97% | 21.36% | 22.87% | 41.79% | 31.37% | 21.25% | 32.01% | 51.92% | 42.45% | 18.33% |
| Operating Income | 8.51B | 3.54B | 3.45B | 2.83B | 3.03B | 4.31B | 2.79B | 3.09B | 1.44B | 1.65B | 1.95B | 638.86M | 601.34M | 1.15B | 580.14M | 304.47M | 505.63M | 511.05M | 250.47M | 122.76M |
| Operating Income Ratio | 30.28% | 17.58% | 22.94% | 21.90% | 24.80% | 37.97% | 25.96% | 34.43% | 19.71% | 22.92% | 31.21% | 15.19% | 15.84% | 33.94% | 24.41% | 17.87% | 30.14% | 41.19% | 28.90% | 15.65% |
| Total Other Income/Expenses | -1.23B | -176.13M | -64.03M | -256.32M | 123.76M | 145.93M | 63.99M | 256.48M | -60.12M | -183.01M | 372.65M | -30.36M | -440.86M | 106.97M | 53.97M | -69.76M | -24.37M | 66.27M | 68.71M | -12.59M |
| Income Before Tax | 7.28B | 4.56B | 3.39B | 2.57B | 3.16B | 4.45B | 2.86B | 3.34B | 1.38B | 1.63B | 2.32B | 608.50M | 160.48M | 1.26B | 634.10M | 234.70M | 481.26M | 577.32M | 319.19M | 110.17M |
| Income Before Tax Ratio | 25.91% | 22.63% | 22.51% | 19.92% | 25.81% | 39.26% | 26.56% | 37.29% | 18.89% | 22.67% | 37.18% | 14.47% | 4.23% | 37.08% | 26.68% | 13.77% | 28.69% | 46.53% | 36.83% | 14.05% |
| Income Tax Expense | 4.53B | 954.00M | 718.82M | 563.36M | 613.88M | 873.34M | 558.40M | 691.09M | 254.89M | 413.36M | 418.70M | 127.06M | 13.11M | 302.67M | 163.22M | 65.87M | -129.43M | 132.23M | 66.97M | -26.69M |
| Net Income | 3.20B | 3.31B | 2.62B | 1.98B | 2.49B | 3.57B | 2.27B | 2.64B | 1.10B | 1.19B | 1.79B | 467.37M | 147.37M | 958.12M | 470.89M | 168.83M | 351.83M | 445.02M | 252.22M | 83.48M |
| Net Income Ratio | 11.40% | 16.43% | 17.39% | 15.33% | 20.33% | 31.46% | 21.14% | 29.42% | 15.06% | 16.60% | 28.66% | 11.12% | 3.88% | 28.18% | 19.82% | 9.91% | 20.97% | 35.87% | 29.11% | 10.65% |
| EPS | 24.33 | 27.65 | 22.61 | 17.52 | 22.06 | 7.90 | 5.06 | 5.88 | 2.46 | 2.66 | 3.95 | 1.05 | 0.36 | 2.33 | 1.15 | 0.41 | 0.86 | 1.11 | 0.63 | 0.21 |
| EPS Diluted | 24.33 | 27.60 | 22.57 | 17.49 | 22.03 | 7.90 | 5.05 | 5.86 | 2.46 | 2.66 | 3.95 | 1.05 | 0.36 | 2.33 | 1.15 | 0.41 | 0.86 | 1.11 | 0.63 | 0.21 |
| Weighted Avg Shares Out | 131.64M | 119.80M | 115.71M | 112.95M | 112.77M | 451.74M | 449.34M | 448.61M | 448.08M | 448.00M | 453.20M | 446.33M | 412.00M | 412.00M | 410.85M | 411.69M | 407.82M | 400.00M | 400.00M | 400.00M |
| Weighted Avg Shares Out (Dil) | 131.63M | 119.98M | 115.92M | 113.16M | 112.92M | 451.74M | 450.70M | 450.21M | 449.05M | 448.00M | 453.20M | 446.33M | 412.00M | 412.00M | 410.85M | 411.69M | 407.82M | 400.00M | 400.00M | 400.00M |
SalMar Q3 – Solid operational performance giving strong results
Results are particularly good in Norway, where the farming segments and Sales and Industry delivered strong results driven by continued solid biological, excellent operational performance, and high utilisation of capacity.
SalMar - Invitation to presentation of the third quarter 2023 results
SalMar presents results for the third quarter 2023 on Thursday 9 November 2023 at 08:00 CET. The presentation will be held at Hotel Continental in Stortingsgaten 24/26 in Oslo.
SalMar – Mandatory notification of trade
Today, on 3 November 2023, SalMar ASA (“SalMar”) has borrowed 591,960 SalMar shares from its wholly owned subsidiary, NTS AS. The share loan is made in connection with the settlement of SalMar's share-based employee incentive program for senior executives and...
SalMar – Minutes from extraordinary general meeting regarding capital reduction following completion of intra-group merger
An extraordinary general meeting (the “EGM”) of SalMar ASA (“SalMar”) was held today, Monday 23 October 2023. All items were resolved in accordance with the Board's calling notice, including to reduce SalMar's share capital by NOK 3,275,000 from NOK 36,284,730...
SalMar - Mandatory notification of trade
Nils J. Jørgensen, who is closely associated with Arnhild Holstad, primary insider and member of the Board of Directors in SalMar ASA, has on 20 October 2023 transferred 1,346 shares in SalMar ASA to his wholly owned private company N...
SalMar – Approval of merger plan for intra-group merger
Reference is made to the stock exchange announcement on 18 September 2023 regarding the planned intra-group merger between SalMar ASA (“SalMar”) and its wholly owned subsidiary NTS AS with the former as the acquiring company.
SalMar – Q3 2023 Trading update
Consolidated harvest volumes in Q3 2023 are:Farming Central Norway: 48.4Farming Northern Norway: 25.7Icelandic Salmon: 4.0 Total: 78.1 Alle figures in 1,000 tgw.
SalMar – Notice of extraordinary general meeting regarding capital reduction following completion of intra-group merger
Reference is made to the stock exchange announcement on 18 September 2023 regarding the planned intra-group merger between SalMar ASA (“SalMar”) and its wholly owned subsidiary NTS AS (“NTS”) with the former as the acquiring company. NTS currently owns 13,691,960...
SalMar – Mandatory notification of trade
Simon Søbstad primary insider and COO Sales & Industry in SalMar ASA, has 18.09.2023 sold 732 shares in SalMar ASA at a price of 558,000 NOK per share.
SalMar – Intra-group merger with NTS and disclosure of shareholding
The board of directors of SalMar ASA («SalMar») and its wholly owned subsidiary NTS AS («NTS») have signed a joint merger plan for an intra-group merger between SalMar and NTS with the former as the acquiring company. The merger will...
Source: https://incomestatements.info
Category: Stock Reports