HAV LINE AS

5012 BERGEN

Finances

Share Ownership

Return on Equity

113,73 %

Current Ratio

0,63

Debt-to-Equity Ratio

−2,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	176 666 000	175 842 000	148 118 000	103 235 000
Net Income	−40 364 000	−29 726 000	−35 923 000	−29 930 000
Total Assets	134 577 000	91 801 000	43 085 000	32 364 000
Total Equity	−35 492 000	4 871 000	−65 473 000	−29 550 000

Income (NOK)	2022	2021	2020	2019
Revenue	176 666 000	175 842 000	148 118 000	103 235 000
Expenditure	129 151 000	107 750 000	93 206 000	141 504 000
Operating Profit	−49 795 000	−36 741 000	−45 323 000	−38 269 000
Financial Income	1 401 000	34 000	48 000	118 000
Financial Costs	3 354 000	1 403 000	780 000	221 000
Financial Balance	−1 953 000	−1 369 000	−732 000	−103 000
Earnings Before Tax	−51 748 000	−38 110 000	−46 055 000	−38 371 000
Tax	−11 385 000	−8 384 000	−10 132 000	−8 441 000
Net Income	−40 364 000	−29 726 000	−35 923 000	−29 930 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 280 000	61 334 000	19 989 000	9 877 000
Total Current Assets	43 297 000	30 466 000	23 096 000	22 487 000
Total Assets	134 577 000	91 801 000	43 085 000	32 364 000
Total Retained Equity	−36 092 000	−95 729 000	−66 003 000	−30 080 000
Total Equity	−35 492 000	4 871 000	−65 473 000	−29 550 000
Total Long-Term Debt	101 768 000	69 215 000	23 952 000	5 738 000
Total Current Debt	68 301 000	17 715 000	84 605 000	56 176 000
Total Equity and Debt	134 577 000	91 801 000	43 085 000	32 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	169 279 000	169 441 000	141 084 000	100 518 000
Other Income	7 387 000	6 400 000	7 034 000	2 717 000
Revenue	176 666 000	175 842 000	148 118 000	103 235 000
Cost of Goods Sold	90 322 000	80 588 000	68 918 000	1 160 000
Salary Costs	−1 296 000	422 000	727 000	0
Depreciation	20 000	20 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	129 151 000	107 750 000	93 206 000	141 504 000
Operating Profit	−49 795 000	−36 741 000	−45 323 000	−38 269 000
Financial Income	1 401 000	34 000	48 000	118 000
Financial Costs	3 354 000	1 403 000	780 000	221 000
Financial Balance	−1 953 000	−1 369 000	−732 000	−103 000
Dividends	0	0	0	0
Net Income	−40 364 000	−29 726 000	−35 923 000	−29 930 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 710 000	28 325 000	19 941 000	9 809 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	28 000	48 000	68 000
Total Tangible Assets	8 000	28 000	48 000	68 000
Total Fiancial Fixed Assets	51 562 000	32 981 000	0	0
Total Fixed Assets	91 280 000	61 334 000	19 989 000	9 877 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 258 000	4 954 000	3 230 000	2 760 000
Total Current Assets	43 297 000	30 466 000	23 096 000	22 487 000
Total Assets	134 577 000	91 801 000	43 085 000	32 364 000
Total Equity	−35 492 000	4 871 000	−65 473 000	−29 550 000
Short-Term Group Debt	0	0	0	13 305 000
Total Long-Term Debt	101 768 000	69 215 000	23 952 000	5 738 000
Creditors	35 415 000	7 791 000	75 916 000	33 908 000
Unpaid Taxes	10 679 000	8 832 000	7 985 000	1 783 000
Dividends	0	0	0	0
Other Current Debt	22 207 000	1 092 000	705 000	7 179 000
Total Current Debt	68 301 000	17 715 000	84 605 000	56 176 000
Total Equity and Debt	134 577 000	91 801 000	43 085 000	32 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,73 %	−610,26 %	54,87 %	101,29 %
Debt-to-Equity Ratio	−2,87	14,21	−0,37	−0,19
Operating Profit Margin	−28,19 %	−20,89 %	−30,6 %	−37,07 %
Current Ratio	0,63	1,72	0,27	0,4
Quick Ratio	0,63	1,72	0,27	0,4
Equity Ratio	−0,26	0,05	−1,52	−0,91
Gross Profit Margin	48,87 %	54,17 %	53,47 %	98,88 %