HAV GROUP ASA (6HH) - Total Assets
Based on the latest financial reports, HAV GROUP ASA (6HH) holds total assets worth €685.06 Million EUR (≈ $800.90 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check 6HH cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
HAV GROUP ASA - Total Assets Trend (2021–2025)
This chart illustrates how HAV GROUP ASA's total assets have evolved over time, based on quarterly financial data. Check 6HH cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
HAV GROUP ASA - Asset Composition Analysis
Current Asset Composition (December 2025)
HAV GROUP ASA's total assets of €685.06 Million consist of 87.3% current assets and 12.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 29.1% |
| Accounts Receivable | €263.11 Million | 38.4% |
| Inventory | €32.30 Million | 4.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how HAV GROUP ASA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see HAV GROUP ASA (6HH) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HAV GROUP ASA's current assets represent 87.3% of total assets in 2025, an increase from 85.3% in 2021.
- Cash Position: Cash and equivalents constituted 29.1% of total assets in 2025, down from 63.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 14.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 38.4% of total assets.
HAV GROUP ASA Competitors by Total Assets
Key competitors of HAV GROUP ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Westports Holdings Bhd
KLSE:5246
|
Malaysia | RM8.48 Billion |
|
Golden Ocean Group Ltd
OL:GOGL
|
Norway | Nkr3.39 Billion |
|
U-Ming Marine Transport Corp
TW:2606
|
Taiwan | NT$87.42 Billion |
|
Bohai Ferry Co Ltd
SHG:603167
|
China | CN¥4.19 Billion |
|
Euroseas Ltd
NASDAQ:ESEA
|
USA | $700.46 Million |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.63 Billion |
|
Viking Line Abp
HE:VIK1V
|
Finland | €594.10 Million |
|
Shang Hai Ya Tong Co Ltd
SHG:600692
|
China | CN¥4.77 Billion |
HAV GROUP ASA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.02 | 1.00 | 0.98 |
| Quick Ratio | 0.96 | 0.93 | 0.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €9.84 Million | €545.00K | €-12.05 Million |
HAV GROUP ASA - Advanced Valuation Insights
This section examines the relationship between HAV GROUP ASA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.96 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 13.9% |
| Total Assets | €685.06 Million |
| Market Capitalization | $41.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values HAV GROUP ASA's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: HAV GROUP ASA's assets grew by 13.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for HAV GROUP ASA (2021–2025)
The table below shows the annual total assets of HAV GROUP ASA from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €685.06 Million ≈ $800.90 Million |
+13.92% |
| 2024-12-31 | €601.33 Million ≈ $703.01 Million |
+40.67% |
| 2023-12-31 | €427.47 Million ≈ $499.75 Million |
-10.91% |
| 2022-12-31 | €479.83 Million ≈ $560.97 Million |
-18.47% |
| 2021-12-31 | €588.50 Million ≈ $688.02 Million |
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About HAV GROUP ASA
HAV Group ASA, through its subsidiaries, provides technology and services for maritime and marine industries worldwide. It operates through HAV Design, Norwegian Electric Systems, Norwegian Greentech, and HAV Hydrogen segments. The company engages in development, sale, and delivery of ship design, project engineering, and system packages for offshore, transport, and fishing vessels; and delivers … Read more