HAVILA SUBSEA & RENEWABLES HOLDING AS

6092 FOSNAVÅG

Finances

Return on Equity

−19,63 %

Current Ratio

2,96

Debt-to-Equity Ratio

3,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	563 680 000	453 087 000	459 835 000	486 340 000
Net Income	−162 097 000	−331 106 000	−176 756 000	−83 765 000
Total Assets	3 665 987 000	3 585 396 000	4 035 760 000	4 438 161 000
Total Equity	825 647 000	947 907 000	1 276 560 000	1 453 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	563 680 000	453 087 000	459 835 000	486 340 000
Expenditure	410 085 000	661 731 000	578 085 000	399 815 000
Operating Profit	153 595 000	−208 644 000	−118 250 000	86 525 000
Financial Income	12 324 000	9 952 000	50 438 000	11 256 000
Financial Costs	307 723 000	175 845 000	138 323 000	184 078 000
Financial Balance	−295 399 000	−165 893 000	−87 885 000	−172 822 000
Earnings Before Tax	−141 804 000	−374 537 000	−206 135 000	−86 297 000
Tax	20 293 000	−43 431 000	−29 379 000	−2 532 000
Net Income	−162 097 000	−331 106 000	−176 756 000	−83 765 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 236 960 000	3 305 287 000	3 716 465 000	4 057 218 000
Total Current Assets	429 027 000	280 109 000	319 295 000	380 943 000
Total Assets	3 665 987 000	3 585 396 000	4 035 760 000	4 438 161 000
Total Retained Equity	252 655 000	374 915 000	703 568 000	880 324 000
Total Equity	825 647 000	947 907 000	1 276 560 000	1 453 316 000
Total Long-Term Debt	2 695 238 000	2 565 754 000	2 692 835 000	2 912 628 000
Total Current Debt	145 101 000	71 735 000	66 365 000	72 217 000
Total Equity and Debt	3 665 986 000	3 585 396 000	4 035 760 000	4 438 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	556 844 000	446 954 000	452 283 000	476 900 000
Other Income	6 836 000	6 133 000	7 552 000	9 440 000
Revenue	563 680 000	453 087 000	459 835 000	486 340 000
Cost of Goods Sold	0	0	0	0
Salary Costs	100 940 000	93 574 000	84 095 000	96 707 000
Depreciation	148 414 000	147 457 000	147 686 000	152 193 000
Impairment	0	280 375 000	201 439 000	0
Expenditure	410 085 000	661 731 000	578 085 000	399 815 000
Operating Profit	153 595 000	−208 644 000	−118 250 000	86 525 000
Financial Income	12 324 000	9 952 000	50 438 000	11 256 000
Financial Costs	307 723 000	175 845 000	138 323 000	184 078 000
Financial Balance	−295 399 000	−165 893 000	−87 885 000	−172 822 000
Dividends	0	0	0	0
Net Income	−162 097 000	−331 106 000	−176 756 000	−83 765 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 792 000	19 301 000	19 811 000	20 320 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	253 000	121 000	110 000	169 000
Total Tangible Assets	3 108 798 000	3 185 901 000	3 601 721 000	3 939 804 000
Total Fiancial Fixed Assets	128 162 000	119 386 000	114 744 000	117 414 000
Total Fixed Assets	3 236 960 000	3 305 287 000	3 716 465 000	4 057 218 000
Stock	11 789 000	12 248 000	15 120 000	12 737 000
Total Investments	0	0	0	0
Cash, Bank	269 072 000	181 159 000	239 501 000	295 647 000
Total Current Assets	429 027 000	280 109 000	319 295 000	380 943 000
Total Assets	3 665 987 000	3 585 396 000	4 035 760 000	4 438 161 000
Total Equity	825 647 000	947 907 000	1 276 560 000	1 453 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 695 238 000	2 565 754 000	2 692 835 000	2 912 628 000
Creditors	60 300 000	19 224 000	17 561 000	15 179 000
Unpaid Taxes	12 244 000	12 401 000	10 799 000	11 824 000
Dividends	0	0	0	0
Other Current Debt	72 557 000	39 968 000	37 634 000	45 214 000
Total Current Debt	145 101 000	71 735 000	66 365 000	72 217 000
Total Equity and Debt	3 665 986 000	3 585 396 000	4 035 760 000	4 438 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,63 %	−34,93 %	−13,85 %	−5,76 %
Debt-to-Equity Ratio	3,26	2,71	2,11	2
Operating Profit Margin	27,25 %	−46,05 %	−25,72 %	17,79 %
Current Ratio	2,96	3,9	4,81	5,27
Quick Ratio	3,22	4,71	6,23	6,4
Equity Ratio	0,23	0,26	0,32	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %