Org.nr 882 811 972 2024 → 2025 Year-over-year analysis

HAVILA SHIPPING ASA: årsregnskap 2025 vs 2024

Shrank 100% on revenue, stronger earnings

approved 2026-05-12; registry 2026-06-11; journal 2026 460547

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for HAVILA SHIPPING ASA. Revenue 268.01m NOK → 293.3k NOK (-99.9%). Net result -100.71m NOK → -3.28m NOK. Equity 197.93m NOK → 194.67m NOK.

On the constructive side: net result improved; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for HAVILA SHIPPING ASA.

Scorecard

Revenue
268.01m NOK 293.3k NOK
-99.9%
Operating result
+10.64m NOK -17.09m NOK
-260.7%
Net result
-100.71m NOK -3.28m NOK
+96.7%
Equity
197.93m NOK 194.67m NOK
-1.6%
Cash
95.75m NOK 87.20m NOK
-8.9%
Total assets
871.0k NOK 800.34m NOK
+91789.7%

What improved

  • ↑

    Net result improved

    Net result -100.71m NOK → -3.28m NOK (net margin -37.6% → -1117.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.41×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 268.01m NOK to 293.3k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.64m NOK → -17.09m NOK (op. margin 4.0% → -5827.4%). Calculated

  • ↓

    Equity eroded

    Book equity 197.93m NOK → 194.67m NOK (equity ratio 22724.7% → 24.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 95.75m NOK → 87.20m NOK (-8.9% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.13bn NOK → 2.13bn NOK — check capital reduction, conversion, or reclassification. Interpretation