Havila Shipping ASA (HAVI) — Working Capital to Net Assets Ratio
Havila Shipping ASA (HAVI) has a Working Capital to Net Assets ratio of -276.6% as of June 2026. Working capital of Nkr-765.93 Million (current assets of Nkr341.09 Million minus current liabilities of Nkr1.11 Billion) is measured against net assets of Nkr276.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Havila Shipping ASA Working Capital to Net Assets (2004–2025)
This chart shows how Havila Shipping ASA's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at -276.6%, reflecting working capital of Nkr-765.93 Million against net assets of Nkr276.92 Million NOK. Explore HAVI long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for Havila Shipping ASA (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Havila Shipping ASA from 2004 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see HAVI total assets.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -237.4% | Nkr-798.99 Million | Nkr336.58 Million | Nkr318.51 Million | Nkr1.12 Billion | ▼ -128.9 pp |
| 2024 | -108.4% | Nkr-354.81 Million | Nkr327.17 Million | Nkr278.81 Million | Nkr633.62 Million | ▲ +5352.2 pp |
| 2023 | -5460.7% | Nkr-1.07 Billion | Nkr19.53 Million | Nkr280.39 Million | Nkr1.35 Billion | ▼ -4897.9 pp |
| 2022 | -562.8% | Nkr526.20 Million | Nkr-93.50 Million | Nkr768.86 Million | Nkr242.67 Million | ▼ -1012.3 pp |
| 2021 | 449.5% | Nkr86.37 Million | Nkr19.22 Million | Nkr245.16 Million | Nkr158.79 Million | ▲ +370.6 pp |
| 2020 | 78.9% | Nkr108.23 Million | Nkr137.14 Million | Nkr272.39 Million | Nkr164.17 Million | ▼ -309.2 pp |
| 2019 | 388.1% | Nkr-4.01 Billion | Nkr-1.03 Billion | Nkr372.88 Million | Nkr4.39 Billion | ▲ +412.0 pp |
| 2018 | -23.9% | Nkr170.28 Million | Nkr-712.54 Million | Nkr303.68 Million | Nkr133.40 Million | ▼ -95.9 pp |
| 2017 | 72.0% | Nkr304.85 Million | Nkr423.14 Million | Nkr545.51 Million | Nkr240.66 Million | ▼ -680.0 pp |
| 2016 | 752.1% | Nkr-5.26 Billion | Nkr-699.94 Million | Nkr840.15 Million | Nkr6.10 Billion | ▲ +1804.0 pp |
| 2015 | -1051.9% | Nkr-5.28 Billion | Nkr502.40 Million | Nkr615.10 Million | Nkr5.90 Billion | ▼ -1032.4 pp |
| 2014 | -19.5% | Nkr-395.11 Million | Nkr2.02 Billion | Nkr816.16 Million | Nkr1.21 Billion | ▲ +11.2 pp |
| 2013 | -30.8% | Nkr-622.11 Million | Nkr2.02 Billion | Nkr741.83 Million | Nkr1.36 Billion | ▼ -25.8 pp |
| 2012 | -5.0% | Nkr-99.71 Million | Nkr2.01 Billion | Nkr870.13 Million | Nkr969.84 Million | ▼ -14.0 pp |
| 2011 | 9.0% | Nkr162.59 Million | Nkr1.81 Billion | Nkr783.82 Million | Nkr621.22 Million | ▼ -8.1 pp |
| 2010 | 17.1% | Nkr289.81 Million | Nkr1.70 Billion | Nkr1.18 Billion | Nkr888.58 Million | ▲ +1.0 pp |
| 2009 | 16.1% | Nkr274.89 Million | Nkr1.70 Billion | Nkr744.99 Million | Nkr470.10 Million | ▼ -37.4 pp |
| 2008 | 53.6% | Nkr603.31 Million | Nkr1.13 Billion | Nkr1.06 Billion | Nkr457.51 Million | ▼ -57.4 pp |
| 2007 | 110.9% | Nkr975.74 Million | Nkr879.48 Million | Nkr1.36 Billion | Nkr384.09 Million | ▲ +31.7 pp |
| 2006 | 79.3% | Nkr784.17 Million | Nkr989.43 Million | Nkr956.21 Million | Nkr172.03 Million | ▲ +2.6 pp |
| 2005 | 76.6% | Nkr495.37 Million | Nkr646.35 Million | Nkr626.92 Million | Nkr131.55 Million | ▲ +63.1 pp |
| 2004 | 13.5% | Nkr32.89 Million | Nkr242.82 Million | Nkr93.09 Million | Nkr60.20 Million | — |