Havila Shipping ASA
Havila Shipping ASA, together with its subsidiaries, engages in the shipping business. It operates and manages offshore service vessels primarily in Norway, the United Kingdom, Denmark, Belgium, the Netherlands, Iceland, Tunisia, the Marshall Islands, and the United States. The company operates a fleet of vessels, including anchor handling vessels, platform supply vessels, rescue recovery vessel,… Read more
Havila Shipping ASA (HAVI) - Total Assets
Latest total assets as of September 2025: Nkr1.54 Billion NOK
Based on the latest financial reports, Havila Shipping ASA (HAVI) holds total assets worth Nkr1.54 Billion NOK as of September 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.
Havila Shipping ASA - Total Assets Trend (2004–2024)
This chart illustrates how Havila Shipping ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Havila Shipping ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Havila Shipping ASA's total assets of Nkr1.54 Billion consist of 18.5% current assets and 81.5% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr147.59 Million | 9.1% |
| Accounts Receivable | Nkr96.24 Million | 6.4% |
| Inventory | Nkr1.91 Million | 0.1% |
| Property, Plant & Equipment | Nkr1.18 Billion | 78.4% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Havila Shipping 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Havila Shipping ASA's current assets represent 18.5% of total assets in 2024, an increase from 11.7% in 2004.
- Cash Position: Cash and equivalents constituted 9.1% of total assets in 2024, up from 6.9% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 78.4% of total assets.
Havila Shipping ASA Competitors by Total Assets
Key competitors of Havila Shipping ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Havila Shipping ASA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Havila Shipping ASA generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Havila Shipping ASA generates $ 0.69 in net profit.
Havila Shipping 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 | 0.48 | 0.20 | 1.66 |
| Quick Ratio | 0.48 | 0.20 | 1.56 |
| Cash Ratio | 0.24 | 0.11 | 0.00 |
| Working Capital | Nkr-321.07 Million | Nkr -1.15 Billion | Nkr 108.23 Million |
Havila Shipping ASA - Advanced Valuation Insights
This section examines the relationship between Havila Shipping 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 | 0.74 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 4.7% |
| Total Assets | Nkr1.51 Billion |
| Market Capitalization | $8.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Havila Shipping ASA's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Havila Shipping ASA's assets grew by 4.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Havila Shipping ASA (2004–2024)
The table below shows the annual total assets of Havila Shipping ASA from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.51 Billion | +4.67% |
| 2023-12-31 | Nkr1.44 Billion | -28.11% |
| 2022-12-31 | Nkr2.00 Billion | +2.43% |
| 2021-12-31 | Nkr1.96 Billion | -15.63% |
| 2020-12-31 | Nkr2.32 Billion | -33.27% |
| 2019-12-31 | Nkr3.47 Billion | -1.66% |
| 2018-12-31 | Nkr3.53 Billion | -26.35% |
| 2017-12-31 | Nkr4.80 Billion | -12.34% |
| 2016-12-31 | Nkr5.47 Billion | -16.26% |
| 2015-12-31 | Nkr6.53 Billion | -21.97% |
| 2014-12-31 | Nkr8.37 Billion | +0.36% |
| 2013-12-31 | Nkr8.34 Billion | -3.94% |
| 2012-12-31 | Nkr8.69 Billion | +9.32% |
| 2011-12-31 | Nkr7.94 Billion | +18.84% |
| 2010-12-31 | Nkr6.69 Billion | +21.47% |
| 2009-12-31 | Nkr5.50 Billion | +25.47% |
| 2008-12-31 | Nkr4.39 Billion | +27.73% |
| 2007-12-31 | Nkr3.43 Billion | +25.45% |
| 2006-12-31 | Nkr2.74 Billion | +19.43% |
| 2005-12-31 | Nkr2.29 Billion | +188.28% |
| 2004-12-31 | Nkr795.12 Million | -- |