Havila Shipping ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	-	-	-	-	95.46	101.49
Short-Term Investments	144	137.79	87.33	76.58	-	-
Cash & Short-Term Investments	144	137.79	87.33	76.58	95.46	101.49
Cash Growth	-11.96%	57.78%	14.03%	-19.78%	-5.94%	5.60%
Accounts Receivable	150.52	99.62	138.78	105.71	65.08	91.56
Other Receivables	-	17.13	28.78	24.61	23.57	31.37
Receivables	150.52	116.75	167.55	130.32	88.65	122.93
Inventory	1.71	1.91	2.08	19.8	23.07	16.77
Restricted Cash	5.7	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	301.93	278.81	280.39	768.86	245.16	272.39
Property, Plant & Equipment	1,182	1,182	1,087	1,151	1,598	1,914
Long-Term Investments	24.02	17.64	19.57	22.63	28.94	30.22
Long-Term Accounts Receivable	28.84	22.81	46.14	46.14	67.78	87.9
Other Long-Term Assets	0.63	1.99	2.81	10.6	11.82	11.12
Total Assets	1,537	1,508	1,440	2,003	1,956	2,318
Accounts Payable	36.13	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	516.22	504.85	1,234	7.02	13.19	28.27
Current Portion of Leases	26.04	24.36	24.76	24.62	23.31	22.39
Current Income Taxes Payable	0.1	1.87	2.55	3.01	3.73	4.62
Other Current Liabilities	44.5	3.5	10.73	79.32	0	0.87
Total Current Liabilities	623	633.62	1,347	242.67	158.79	164.17
Long-Term Debt	499.56	499.56	-	1,778	1,671	1,893
Long-Term Leases	11.41	6.64	31.29	31.88	58.93	72.92
Long-Term Deferred Tax Liabilities	7.32	7.32	9.15	11.43	14.29	17.86
Other Long-Term Liabilities	33.2	33.2	33.2	33.2	33.2	33.2
Total Liabilities	1,174	1,180	1,421	2,097	1,937	2,181
Common Stock	68.79	68.79	23.78	23.78	23.78	23.78
Additional Paid-In Capital	1,167	1,168	933.7	933.7	933.7	933.7
Retained Earnings	-891.43	-909.67	-938.16	-1,051	-938.34	-830.53
Comprehensive Income & Other	18.47	0.35	0.22	0.06	0.08	10.19
Shareholders' Equity	362.92	327.17	19.53	-93.5	19.22	137.14
Total Liabilities & Equity	1,537	1,508	1,440	2,003	1,956	2,318
Total Debt	1,053	1,035	1,290	1,841	1,767	2,016
Net Cash (Debt)	-909.23	-897.62	-1,203	-1,765	-1,671	-1,915
Net Cash Per Share	-2.14	-35.78	-2.10	-74.22	-2.92	-80.54
Filing Date Shares Outstanding	275.17	275.17	23.78	23.78	23.78	23.78
Total Common Shares Outstanding	275.17	275.17	23.78	23.78	23.78	23.78
Working Capital	-321.07	-354.81	-1,067	526.2	86.37	108.23
Book Value Per Share	1.32	1.19	0.82	-3.93	0.81	5.77
Tangible Book Value	362.92	327.17	19.53	-93.5	19.22	137.14
Tangible Book Value Per Share	1.32	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.