HAVILA SHIPS AS

6092 FOSNAVÅG

Finances

Return on Equity

−1,66 %

Current Ratio

2,16

Debt-to-Equity Ratio

−1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	424 358 000	295 530 000	380 059 000	399 480 000
Net Income	15 404 000	−251 116 000	−637 873 000	−214 030 000
Total Assets	570 760 000	676 501 000	946 791 000	1 520 435 000
Total Equity	−927 689 000	−1 200 784 000	−943 988 000	−1 405 088 000

Income (NOK)	2022	2021	2020	2019
Revenue	424 358 000	295 530 000	380 059 000	399 480 000
Expenditure	240 984 000	316 460 000	869 618 000	502 909 000
Operating Profit	183 374 000	−20 930 000	−489 559 000	−103 428 000
Financial Income	5 061 000	5 815 000	12 482 000	4 548 000
Financial Costs	172 089 000	235 863 000	160 649 000	115 093 000
Financial Balance	−167 028 000	−230 048 000	−148 167 000	−110 545 000
Earnings Before Tax	16 346 000	−250 978 000	−637 726 000	−213 973 000
Tax	942 000	138 000	147 000	57 000
Net Income	15 404 000	−251 116 000	−637 873 000	−214 030 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 814 000	581 767 000	871 302 000	1 405 509 000
Total Current Assets	69 946 000	94 734 000	75 489 000	114 926 000
Total Assets	570 760 000	676 501 000	946 791 000	1 520 435 000
Total Retained Equity	−3 980 785 000	−3 996 189 000	−3 578 399 000	−2 940 526 000
Total Equity	−927 689 000	−1 200 784 000	−943 988 000	−1 405 088 000
Total Long-Term Debt	1 466 117 000	1 826 793 000	1 869 378 000	864 843 000
Total Current Debt	32 332 000	50 492 000	21 401 000	2 060 680 000
Total Equity and Debt	570 760 000	676 501 000	946 791 000	1 520 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	286 954 000	295 242 000	375 157 000	395 785 000
Other Income	137 404 000	288 000	4 902 000	3 695 000
Revenue	424 358 000	295 530 000	380 059 000	399 480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	151 162 000	141 867 000	153 605 000	177 586 000
Depreciation	71 444 000	91 665 000	179 965 000	182 394 000
Impairment	−64 000 000	677 000	380 000 000	0
Expenditure	240 984 000	316 460 000	869 618 000	502 909 000
Operating Profit	183 374 000	−20 930 000	−489 559 000	−103 428 000
Financial Income	5 061 000	5 815 000	12 482 000	4 548 000
Financial Costs	172 089 000	235 863 000	160 649 000	115 093 000
Financial Balance	−167 028 000	−230 048 000	−148 167 000	−110 545 000
Dividends	0	0	0	0
Net Income	15 404 000	−251 116 000	−637 873 000	−214 030 000

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	492 370 000	570 960 000	860 010 000	1 395 577 000
Total Fiancial Fixed Assets	8 444 000	10 807 000	11 292 000	9 932 000
Total Fixed Assets	500 814 000	581 767 000	871 302 000	1 405 509 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 788 000	37 691 000	29 548 000	27 251 000
Total Current Assets	69 946 000	94 734 000	75 489 000	114 926 000
Total Assets	570 760 000	676 501 000	946 791 000	1 520 435 000
Total Equity	−927 689 000	−1 200 784 000	−943 988 000	−1 405 088 000
Short-Term Group Debt	95 000	25 157 000	2 674 000	16 196 000
Total Long-Term Debt	1 466 117 000	1 826 793 000	1 869 378 000	864 843 000
Creditors	16 390 000	19 687 000	11 850 000	34 788 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 954 000	2 035 000	2 370 000	18 442 000
Total Current Debt	32 332 000	50 492 000	21 401 000	2 060 680 000
Total Equity and Debt	570 760 000	676 501 000	946 791 000	1 520 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,66 %	20,91 %	67,57 %	15,23 %
Debt-to-Equity Ratio	−1,58	−1,52	−1,98	−0,62
Operating Profit Margin	43,21 %	−7,08 %	−128,81 %	−25,89 %
Current Ratio	2,16	1,88	3,53	0,06
Quick Ratio	2,16	1,88	3,53	0,06
Equity Ratio	−1,63	−1,77	−1	−0,92
Gross Profit Margin	100 %	100 %	100 %	100 %