HAVILA ARIEL AS

6092 FOSNAVÅG

Finances

Return on Equity

−296,31 %

Current Ratio

5,25

Debt-to-Equity Ratio

4,89

Key figures (NOK)	2021	2020	2019	2018
Revenue	36 693 000	8 799 000	9 086 000	9 066 000
Net Income	−390 435 000	−91 494 000	−23 888 000	19 728 000
Total Assets	796 328 000	147 256 000	240 525 000	322 791 000
Total Equity	131 765 000	9 952 000	97 784 000	142 311 000

Income (NOK)	2021	2020	2019	2018
Revenue	36 693 000	8 799 000	9 086 000	9 066 000
Expenditure	431 384 000	2 890 000	3 185 000	3 043 000
Operating Profit	−394 692 000	5 909 000	5 902 000	6 023 000
Financial Income	155 000	6 543 000	16 961 000	22 485 000
Financial Costs	29 812 000	101 546 000	42 234 000	3 373 000
Financial Balance	−29 657 000	−95 003 000	−25 273 000	19 112 000
Earnings Before Tax	−424 350 000	−89 095 000	−19 371 000	25 134 000
Tax	−33 915 000	2 399 000	4 516 000	5 406 000
Net Income	−390 435 000	−91 494 000	−23 888 000	19 728 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	688 503 000	124 433 000	224 433 000	272 987 000
Total Current Assets	107 825 000	22 823 000	16 092 000	49 803 000
Total Assets	796 328 000	147 256 000	240 525 000	322 791 000
Total Retained Equity	−207 551 000	−161 740 000	−57 908 000	−13 380 000
Total Equity	131 765 000	9 952 000	97 784 000	142 311 000
Total Long-Term Debt	644 016 000	59 517 000	100 904 000	135 422 000
Total Current Debt	20 547 000	77 787 000	41 837 000	45 058 000
Total Equity and Debt	796 328 000	147 256 000	240 525 000	322 791 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	36 693 000	8 799 000	9 086 000	9 066 000
Revenue	36 693 000	8 799 000	9 086 000	9 066 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	15 660 000	0	0	0
Impairment	406 765 000	0	0	0
Expenditure	431 384 000	2 890 000	3 185 000	3 043 000
Operating Profit	−394 692 000	5 909 000	5 902 000	6 023 000
Financial Income	155 000	6 543 000	16 961 000	22 485 000
Financial Costs	29 812 000	101 546 000	42 234 000	3 373 000
Financial Balance	−29 657 000	−95 003 000	−25 273 000	19 112 000
Dividends	0	0	0	0
Net Income	−390 435 000	−91 494 000	−23 888 000	19 728 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	515 631 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	515 631 000	0	0	0
Total Fiancial Fixed Assets	172 872 000	124 433 000	224 433 000	272 987 000
Total Fixed Assets	688 503 000	124 433 000	224 433 000	272 987 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 916 000	163 000	1 744 000	351 000
Total Current Assets	107 825 000	22 823 000	16 092 000	49 803 000
Total Assets	796 328 000	147 256 000	240 525 000	322 791 000
Total Equity	131 765 000	9 952 000	97 784 000	142 311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	644 016 000	59 517 000	100 904 000	135 422 000
Creditors	10 942 000	2 132 000	5 169 000	201 000
Unpaid Taxes	298 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 307 000	75 655 000	36 668 000	44 857 000
Total Current Debt	20 547 000	77 787 000	41 837 000	45 058 000
Total Equity and Debt	796 328 000	147 256 000	240 525 000	322 791 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−296,31 %	−919,35 %	−24,43 %	13,86 %
Debt-to-Equity Ratio	4,89	5,98	1,03	0,95
Operating Profit Margin	−1 075,66 %	67,16 %	64,96 %	66,44 %
Current Ratio	5,25	0,29	0,38	1,11
Quick Ratio	5,25	0,29	0,38	1,11
Equity Ratio	0,17	0,07	0,41	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %