HAVILA SUBSEA & RENEWABLES AS

6092 FOSNAVÅG

Finances

Return on Equity

−130,74 %

Current Ratio

0,22

Debt-to-Equity Ratio

7,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	165 000	154 000	44 000	9 000
Net Income	−100 102 000	−347 426 000	−36 160 000	−10 976 000
Total Assets	757 897 000	745 576 000	1 045 866 000	1 110 062 000
Total Equity	76 563 000	176 664 000	524 091 000	560 252 000

Income (NOK)	2022	2021	2020	2019
Revenue	165 000	154 000	44 000	9 000
Expenditure	10 022 000	12 785 000	11 995 000	13 635 000
Operating Profit	−9 857 000	−12 631 000	−11 951 000	−13 627 000
Financial Income	25 317 000	41 175 000	68 273 000	35 852 000
Financial Costs	99 031 000	385 236 000	83 896 000	29 067 000
Financial Balance	−73 714 000	−344 061 000	−15 623 000	6 785 000
Earnings Before Tax	−83 571 000	−356 691 000	−27 575 000	−6 841 000
Tax	16 530 000	−9 265 000	8 585 000	4 135 000
Net Income	−100 102 000	−347 426 000	−36 160 000	−10 976 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	725 994 000	693 734 000	966 137 000	1 032 374 000
Total Current Assets	31 902 000	51 842 000	79 729 000	77 689 000
Total Assets	757 897 000	745 576 000	1 045 866 000	1 110 062 000
Total Retained Equity	−491 636 000	−391 534 000	−44 107 000	−7 946 000
Total Equity	76 563 000	176 664 000	524 091 000	560 252 000
Total Long-Term Debt	538 334 000	485 956 000	510 738 000	533 090 000
Total Current Debt	143 001 000	82 956 000	11 037 000	16 720 000
Total Equity and Debt	757 897 000	745 576 000	1 045 866 000	1 110 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	165 000	154 000	44 000	9 000
Revenue	165 000	154 000	44 000	9 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 002 000	7 476 000	7 417 000	7 445 000
Depreciation	0	0	0	9 000
Impairment	0	0	0	0
Expenditure	10 022 000	12 785 000	11 995 000	13 635 000
Operating Profit	−9 857 000	−12 631 000	−11 951 000	−13 627 000
Financial Income	25 317 000	41 175 000	68 273 000	35 852 000
Financial Costs	99 031 000	385 236 000	83 896 000	29 067 000
Financial Balance	−73 714 000	−344 061 000	−15 623 000	6 785 000
Dividends	0	0	0	0
Net Income	−100 102 000	−347 426 000	−36 160 000	−10 976 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	725 994 000	693 734 000	966 137 000	1 032 374 000
Total Fixed Assets	725 994 000	693 734 000	966 137 000	1 032 374 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 142 000	25 393 000	29 121 000	10 631 000
Total Current Assets	31 902 000	51 842 000	79 729 000	77 689 000
Total Assets	757 897 000	745 576 000	1 045 866 000	1 110 062 000
Total Equity	76 563 000	176 664 000	524 091 000	560 252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	538 334 000	485 956 000	510 738 000	533 090 000
Creditors	14 929 000	12 049 000	7 178 000	11 017 000
Unpaid Taxes	94 000	824 000	599 000	727 000
Dividends	0	0	0	0
Other Current Debt	127 977 000	70 082 000	3 260 000	4 976 000
Total Current Debt	143 001 000	82 956 000	11 037 000	16 720 000
Total Equity and Debt	757 897 000	745 576 000	1 045 866 000	1 110 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−130,74 %	−196,66 %	−6,9 %	−1,96 %
Debt-to-Equity Ratio	7,03	2,75	0,97	0,95
Operating Profit Margin	−5 973,94 %	−8 201,95 %	−27 161,36 %	−151 411,11 %
Current Ratio	0,22	0,62	7,22	4,65
Quick Ratio	0,22	0,62	7,22	4,65
Equity Ratio	0,1	0,24	0,5	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %