Org.nr 882 811 972 2023 → 2024 Year-over-year analysis

HAVILA SHIPPING ASA: årsregnskap 2024 vs 2023

Shrank 18% on revenue, slipped into loss

approved 2025-04-23; registry 2025-08-11; journal 2025 702349

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for HAVILA SHIPPING ASA. Revenue 328.25m NOK → 268.01m NOK (-18.4%). Net result +398.4k NOK → -100.71m NOK. Equity 1.80m NOK → 197.93m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; fell into a net loss; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
328.25m NOK 268.01m NOK
-18.4%
Operating result
-18.13m NOK +10.64m NOK
+158.7%
Net result
+398.4k NOK -100.71m NOK
-25380.1%
Equity
1.80m NOK 197.93m NOK
+10914.4%
Cash
13.33m NOK 95.75m NOK
+618.4%
Total assets
786.7k NOK 871.0k NOK
+10.7%

What improved

  • ↑

    Operating result improved

    Operating result -18.13m NOK → +10.64m NOK (op. margin -5.5% → 4.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.80m NOK → 197.93m NOK (equity ratio 228.4% → 22724.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.33m NOK → 95.75m NOK (+618.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.85bn NOK → 2.13bn NOK (+279.01m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 328.25m NOK to 268.01m NOK (-18.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 398.4k NOK profit to a loss of 100.71m NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 209.52× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated