Havila Kystruten AS

OL:HKY Norway Travel Services
Market Cap
$79.03 Million
Nkr900.50 Million NOK
Market Cap Rank
#26378 Global
#149 in Norway
Share Price
Nkr52.60
Change (1 day)
+1.15%
52-Week Range
Nkr0.87 - Nkr63.19
All Time High
Nkr63.19
About

Havila Kystruten AS operates as a shipping company in Norway. The company offers voyages and onboard travel services, as well as activities. It also sells food, souvenirs, and other products on board the ships. The company was founded in 2017 and is headquartered in Fosnavåg, Norway. Havila Kystruten AS is a subsidiary of Havila Holding AS.

Havila Kystruten AS (HKY) - Net Assets

Latest net assets as of September 2025: Nkr-1.23 Billion NOK

Based on the latest financial reports, Havila Kystruten AS (HKY) has net assets worth Nkr-1.23 Billion NOK as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr4.65 Billion) and total liabilities (Nkr5.88 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets Nkr-1.23 Billion
% of Total Assets -26.51%
Annual Growth Rate N/A
5-Year Change -243.34%
10-Year Change N/A
Growth Volatility 156.84

Havila Kystruten AS - Net Assets Trend (2018–2024)

This chart illustrates how Havila Kystruten AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Havila Kystruten AS (2018–2024)

The table below shows the annual net assets of Havila Kystruten AS from 2018 to 2024.

Year Net Assets Change
2024-12-31 Nkr-322.40 Million -169.25%
2023-12-31 Nkr465.53 Million -24.05%
2022-12-31 Nkr612.95 Million -38.41%
2021-12-31 Nkr995.28 Million +342.52%
2020-12-31 Nkr224.91 Million -19.98%
2019-12-31 Nkr281.08 Million -13.16%
2018-12-31 Nkr323.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to Havila Kystruten AS's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 251408000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock Nkr855.99 Million %
Other Components Nkr1.34 Billion %
Total Equity Nkr-322.40 Million 100.00%

Havila Kystruten AS Competitors by Market Cap

The table below lists competitors of Havila Kystruten AS ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Havila Kystruten AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 465,531,000 to -322,397,000, a change of -787,928,000 (-169.3%).
  • Net loss of 787,928,000 reduced equity.
  • Other factors decreased equity by 0.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Nkr-787.93 Million -244.4%
Total Change Nkr- -169.25%

Book Value vs Market Value Analysis

This analysis compares Havila Kystruten AS's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 Nkr6.52 Nkr52.60 x
2019-12-31 Nkr5.66 Nkr52.60 x
2020-12-31 Nkr4.53 Nkr52.60 x
2021-12-31 Nkr20.05 Nkr52.60 x
2022-12-31 Nkr5.35 Nkr52.60 x
2023-12-31 Nkr0.54 Nkr52.60 x
2024-12-31 Nkr-0.38 Nkr52.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Havila Kystruten AS utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -51.54%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-58.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 -15.15% 0.00% 0.00x 3.53x Nkr-70.69 Million
2020 -19.01% 0.00% 0.00x 6.11x Nkr-65.25 Million
2021 -11.07% -246.91% 0.01x 3.35x Nkr-209.70 Million
2022 -110.11% -203.22% 0.08x 6.53x Nkr-736.22 Million
2023 -196.11% -119.47% 0.16x 10.21x Nkr-959.52 Million
2024 0.00% -51.54% 0.33x 0.00x Nkr-755.69 Million

Industry Comparison

This section compares Havila Kystruten AS's net assets metrics with peer companies in the Travel Services industry.

No peer company data available for comparison.