Havila Shipping ASA (OSL:HAVI)

Havila Shipping ASA Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	-	-	-	95.46	101.49
Short-Term Investments	137.79	87.33	76.58	-	-
Cash & Short-Term Investments	137.79	87.33	76.58	95.46	101.49
Cash Growth	57.78%	14.03%	-19.78%	-5.94%	5.60%
Accounts Receivable	99.62	138.78	105.71	65.08	91.56
Other Receivables	17.13	28.78	24.61	23.57	31.37
Receivables	116.75	167.55	130.32	88.65	122.93
Inventory	1.91	2.08	19.8	23.07	16.77
Restricted Cash	9.8	10.4	70.8	5.4	5
Other Current Assets	12.57	13.03	471.35	32.58	26.2
Total Current Assets	278.81	280.39	768.86	245.16	272.39
Property, Plant & Equipment	1,182	1,087	1,151	1,598	1,914
Long-Term Investments	17.64	19.57	22.63	28.94	30.22
Long-Term Accounts Receivable	22.81	46.14	46.14	67.78	87.9
Other Long-Term Assets	1.99	2.81	10.6	11.82	11.12
Total Assets	1,508	1,440	2,003	1,956	2,318
Accounts Payable	36.16	23.72	58.39	49.53	52.37
Accrued Expenses	62.89	51.32	70.31	69.03	55.65
Current Portion of Long-Term Debt	504.85	1,234	7.02	13.19	28.27
Current Portion of Leases	24.36	24.76	24.62	23.31	22.39
Current Income Taxes Payable	1.87	2.55	3.01	3.73	4.62
Other Current Liabilities	3.5	10.73	79.32	0	0.87
Total Current Liabilities	633.62	1,347	242.67	158.79	164.17
Long-Term Debt	499.56	-	1,778	1,671	1,893
Long-Term Leases	6.64	31.29	31.88	58.93	72.92
Long-Term Deferred Tax Liabilities	7.32	9.15	11.43	14.29	17.86
Other Long-Term Liabilities	33.2	33.2	33.2	33.2	33.2
Total Liabilities	1,180	1,421	2,097	1,937	2,181
Common Stock	68.79	23.78	23.78	23.78	23.78
Additional Paid-In Capital	1,168	933.7	933.7	933.7	933.7
Retained Earnings	-909.67	-938.16	-1,051	-938.34	-830.53
Comprehensive Income & Other	0.35	0.22	0.06	0.08	10.19
Shareholders' Equity	327.17	19.53	-93.5	19.22	137.14
Total Liabilities & Equity	1,508	1,440	2,003	1,956	2,318
Total Debt	1,035	1,290	1,841	1,767	2,016
Net Cash (Debt)	-897.62	-1,203	-1,765	-1,671	-1,915
Net Cash Per Share	-35.78	-2.10	-74.22	-2.92	-80.54
Filing Date Shares Outstanding	275.17	23.78	23.78	23.78	23.78
Total Common Shares Outstanding	275.17	23.78	23.78	23.78	23.78
Working Capital	-354.81	-1,067	526.2	86.37	108.23
Book Value Per Share	1.19	0.82	-3.93	0.81	5.77
Tangible Book Value	327.17	19.53	-93.5	19.22	137.14
Tangible Book Value Per Share	1.19	0.82	-3.93	0.81	5.77
Land	-	-	3.7	3.7	3.7
Buildings	3.7	3.7	-	-	-
Machinery	2,289	2,920	4,437	6,677	6,987

Source: S&P Global Market Intelligence. Standard template. Financial Sources.