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Atlantic Sapphire

OB:ASA-ME
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ASA-ME
OB
NOK7B
Market Cap
  1. Home
  2. NO
  3. Food, Beverage & Tobacco
Company description

Atlantic Sapphire AS, together with its subsidiaries, engages in the land-raised salmon farming business. The last earnings update was 155 days ago. More info.


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ASA-ME Share Price and Events
7 Day Returns
4.1%
OB:ASA-ME
-4.8%
NO Food
2.6%
NO Market
1 Year Returns
98%
OB:ASA-ME
3.4%
NO Food
-9.1%
NO Market
ASA-ME Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Atlantic Sapphire (ASA-ME) 4.1% 2% 0% 98% - -
NO Food -4.8% -6.4% 1.7% 3.4% 41.6% 115.5%
NO Market 2.6% 8% 2.6% -9.1% 31.3% 13.2%
1 Year Return vs Industry and Market
  • ASA-ME outperformed the Food industry which returned 3.4% over the past year.
  • ASA-ME outperformed the Market in Norway which returned -9.1% over the past year.
Price Volatility
ASA-ME
Industry
5yr Volatility vs Market

ASA-ME Value

 Is Atlantic Sapphire undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Atlantic Sapphire. This is due to cash flow or dividend data being unavailable. The share price is NOK101.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Atlantic Sapphire's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Atlantic Sapphire's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:ASA-ME PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.20
OB:ASA-ME Share Price ** OB (2019-09-13) in NOK NOK101
OB:ASA-ME Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.111 $11.26
Norway Food Industry PE Ratio Median Figure of 9 Publicly-Listed Food Companies 15.79x
Norway Market PE Ratio Median Figure of 149 Publicly-Listed Companies 13.32x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Atlantic Sapphire.

OB:ASA-ME PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:ASA-ME Share Price ÷ EPS (both in USD)

= 11.26 ÷ -0.20

-56.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atlantic Sapphire is loss making, we can't compare its value to the NO Food industry average.
  • Atlantic Sapphire is loss making, we can't compare the value of its earnings to the Norway market.
Price based on expected Growth
Does Atlantic Sapphire's expected growth come at a high price?
Raw Data
OB:ASA-ME PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -56.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
56.6%per year
Norway Food Industry PEG Ratio Median Figure of 9 Publicly-Listed Food Companies 0.94x
Norway Market PEG Ratio Median Figure of 110 Publicly-Listed Companies 0.72x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Atlantic Sapphire, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Atlantic Sapphire's assets?
Raw Data
OB:ASA-ME PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $2.20
OB:ASA-ME Share Price * OB (2019-09-13) in NOK NOK101
OB:ASA-ME Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.111 $11.26
Norway Food Industry PB Ratio Median Figure of 11 Publicly-Listed Food Companies 3.57x
Norway Market PB Ratio Median Figure of 238 Publicly-Listed Companies 1.13x
OB:ASA-ME PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:ASA-ME Share Price ÷ Book Value per Share (both in USD)

= 11.26 ÷ 2.20

5.12x

* Primary Listing of Atlantic Sapphire.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atlantic Sapphire is overvalued based on assets compared to the NO Food industry average.
X
Value checks
We assess Atlantic Sapphire's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Atlantic Sapphire has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ASA-ME Future Performance

 How is Atlantic Sapphire expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
56.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Atlantic Sapphire expected to grow at an attractive rate?
  • Atlantic Sapphire's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • Atlantic Sapphire's earnings growth is expected to exceed the Norway market average.
  • Atlantic Sapphire's revenue growth is expected to exceed the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:ASA-ME Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:ASA-ME Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 56.6%
OB:ASA-ME Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 48.2%
Norway Food Industry Earnings Growth Rate Market Cap Weighted Average 13%
Norway Food Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
Norway Market Earnings Growth Rate Market Cap Weighted Average 15.1%
Norway Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OB:ASA-ME Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:ASA-ME Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 278 79 60 1
2022-12-31 209 49 49 1
2021-12-31 121 21 30 2
2020-12-31 61 -1 6 2
2019-12-31 16 -13 -7 2
2019-09-14
OB:ASA-ME Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -16 -11
2018-09-30 0 -12 -11
2018-06-30 2 -9 -10
2018-03-31 3 -7 -9
2017-12-31 2 -4 -7
2016-12-31 2 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Atlantic Sapphire's earnings are expected to grow significantly at over 20% yearly.
  • Atlantic Sapphire's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OB:ASA-ME Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Atlantic Sapphire Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:ASA-ME Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.69 0.69 0.69 1.00
2021-12-31 0.41 0.43 0.40 2.00
2020-12-31 0.08 0.10 0.07 2.00
2019-12-31 -0.10 -0.03 -0.17 2.00
2019-09-14
OB:ASA-ME Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.20
2018-09-30 -0.20
2018-06-30 -0.20
2018-03-31 -0.20
2017-12-31 -0.19
2016-12-31 -0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Atlantic Sapphire is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Atlantic Sapphire's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Norway market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Norway market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Atlantic Sapphire has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ASA-ME Past Performance

  How has Atlantic Sapphire performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Atlantic Sapphire's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Atlantic Sapphire does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Atlantic Sapphire's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Atlantic Sapphire's 1-year growth to the NO Food industry average as it is not currently profitable.
Earnings and Revenue History
Atlantic Sapphire's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Atlantic Sapphire Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:ASA-ME Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.50 -11.40 1.97
2018-09-30 0.27 -10.59 1.91
2018-06-30 1.72 -9.93 2.02
2018-03-31 2.54 -8.64 2.29
2017-12-31 1.53 -6.60 2.25
2016-12-31 2.07 -2.86 0.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Atlantic Sapphire has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Atlantic Sapphire has efficiently used its assets last year compared to the NO Food industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Atlantic Sapphire improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Atlantic Sapphire's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Atlantic Sapphire has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ASA-ME Health

 How is Atlantic Sapphire's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Atlantic Sapphire's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Atlantic Sapphire is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Atlantic Sapphire's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Atlantic Sapphire's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 23.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Atlantic Sapphire Company Filings, last reported 8 months ago.

OB:ASA-ME Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 137.44 1.09 19.02
2018-09-30 137.44 1.09 19.02
2018-06-30 145.80 1.34 77.03
2018-03-31 151.52 1.39 80.05
2017-12-31 81.31 1.36 53.07
2016-12-31 6.48 3.86 0.97
  • Atlantic Sapphire's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Atlantic Sapphire's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Atlantic Sapphire has less than a year of cash runway based on current free cash flow.
  • Atlantic Sapphire has less than a year of cash runway if free cash flow continues to grow at historical rates of 90.4% each year.
X
Financial health checks
We assess Atlantic Sapphire's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Atlantic Sapphire has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ASA-ME Dividends

 What is Atlantic Sapphire's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Atlantic Sapphire dividends. Estimated to be 0% next year.
If you bought NOK2,000 of Atlantic Sapphire shares you are expected to receive NOK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Atlantic Sapphire's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Atlantic Sapphire's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OB:ASA-ME Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Norway Food Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 4.2%
Norway Market Average Dividend Yield Market Cap Weighted Average of 115 Stocks 4.5%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.5%
Norway Bottom 25% Dividend Yield 25th Percentile 2.5%
Norway Top 25% Dividend Yield 75th Percentile 6.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OB:ASA-ME Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.00 1.00
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2019-09-14

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Atlantic Sapphire has not reported any payouts.
  • Unable to verify if Atlantic Sapphire's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Atlantic Sapphire's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Atlantic Sapphire has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Atlantic Sapphire's dividends in 3 years as they are not expected to pay a notable one for Norway.
X
Income/ dividend checks
We assess Atlantic Sapphire's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Atlantic Sapphire afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Atlantic Sapphire has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ASA-ME Management

 What is the CEO of Atlantic Sapphire's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Johan Andreassen
CEO Bio

Johan E. Andreassen serves as a Chairman of the Board and Chief executive Director at Atlantic Sapphire AS.

CEO Compensation
  • Insufficient data for Johan to compare compensation growth.
  • Insufficient data for Johan to establish whether their remuneration is reasonable compared to companies of similar size in Norway.
Management Team

Johan Andreassen

TITLE
Chairman of the Board & CEO

Jose Prado

TITLE
Chief Financial Officer

Dharma Rajeswaran

TITLE
Chief Operating Officer

Thue Holm

TITLE
Chief Technology Officer
Board of Directors

Bjørn Myrseth

TITLE
Director

Johan Andreassen

TITLE
Chairman of the Board & CEO

Alexander Reus

TITLE
Director
TENURE
1.3 yrs

Andre Skarbo

TITLE
Director

Bjorn-Vegard Lovik

TITLE
Director

Johan Krefting

TITLE
Director

Peter Skou

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
07. Nov 18 Buy Alexander Reus Individual 06. Nov 18 06. Nov 18 130,000 NOK63.23 NOK8,220,004
X
Management checks
We assess Atlantic Sapphire's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Atlantic Sapphire has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ASA-ME News

Simply Wall St News

When Can We Expect A Profit From Atlantic Sapphire AS (OB:ASA-ME)?

View our latest analysis for Atlantic Sapphire According to the 2 industry analysts covering ASA-ME, the consensus is breakeven is near. … Next Steps: This article is not intended to be a comprehensive analysis on ASA-ME, so if you are interested in understanding the company at a deeper level, take a look at ASA-ME’s company page on Simply Wall St. … Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

Simply Wall St -

Do Insiders Own Shares In Atlantic Sapphire AS (OB:ASA-ME)?

Check out our latest analysis for Atlantic Sapphire OB:ASA-ME Ownership Summary, May 17th 2019 What Does The Institutional Ownership Tell Us About Atlantic Sapphire? … Insider Ownership Of Atlantic Sapphire While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. … Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Simply Wall St -

Is Atlantic Sapphire's (OB:ASA-ME) 133% Share Price Increase Well Justified?

For example, the Atlantic Sapphire AS (OB:ASA-ME) share price has soared 133% return in just a single year. … We'll need to follow Atlantic Sapphire for a while to get a better sense of its share price trend, since it hasn't been listed for particularly long. … It seems likely some shareholders believe that Atlantic Sapphire will significantly advance the business plan before too long.

Simply Wall St -

Atlantic Sapphire AS (OB:ASA-ME): When Will It Breakeven?

Atlantic Sapphire AS engages in the land-raised salmon farming business. … With the latest financial year loss of -øre54.6m and a trailing-twelve month of -øre81.0m, the øre5.8b market-cap amplifies its loss by moving further away from its breakeven target? … Check out our latest analysis for Atlantic Sapphire

Simply Wall St -

ASA-ME Company Info

Description

Atlantic Sapphire AS, together with its subsidiaries, engages in the land-raised salmon farming business. It is involved in growing salmon from egg to commercial harvest weight and marketing consumer ready products. Atlantic Sapphire AS was founded in 2010 and is headquartered in Vikebukt, Norway.

Details
Name: Atlantic Sapphire AS
ASA-ME
Exchange: OB
Founded: 2010
NOK7,198,886,100
71,276,100
Website: http://www.atlanticsapphire.com
Address: Atlantic Sapphire AS
Daugstadvegen 445,
Vikebukt,
Møre og Romsdal, 6392,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB ASA-ME Ordinary Shares Oslo Bors NO NOK 12. Jul 2017
OTCPK AASZ.F Ordinary Shares Pink Sheets LLC US USD 12. Jul 2017
Number of employees
Current staff
Staff numbers
35
Atlantic Sapphire employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/14 22:57
End of day share price update: 2019/09/13 00:00
Last estimates confirmation: 2019/09/13
Last earnings filing: 2019/04/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.