Havila Shipping ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	-	-	-	95.46
Short-Term Investments	207.96	137.79	87.33	76.58	-
Cash & Short-Term Investments	207.96	137.79	87.33	76.58	95.46
Cash Growth	50.93%	57.78%	14.03%	-19.78%	-5.94%
Accounts Receivable	96.94	99.62	138.78	105.71	65.08
Other Receivables	-	17.13	28.78	24.61	23.57
Receivables	96.94	116.75	167.55	130.32	88.65
Inventory	3.61	1.91	2.08	19.8	23.07
Restricted Cash	10	9.8	10.4	70.8	5.4
Other Current Assets	-	12.57	13.03	471.35	32.58
Total Current Assets	318.51	278.81	280.39	768.86	245.16
Property, Plant & Equipment	1,134	1,182	1,087	1,151	1,598
Long-Term Investments	24.41	17.64	19.57	22.63	28.94
Long-Term Accounts Receivable	22.81	22.81	46.14	46.14	67.78
Other Long-Term Assets	0.27	1.99	2.81	10.6	11.82
Total Assets	1,500	1,508	1,440	2,003	1,956
Accounts Payable	33.04	36.16	23.72	58.39	49.53
Accrued Expenses	-	62.89	51.32	70.31	69.03
Current Portion of Long-Term Debt	1,005	504.85	1,234	7.02	13.19
Current Portion of Leases	24.28	24.36	24.76	24.62	23.31
Current Income Taxes Payable	1.51	1.87	2.55	3.01	3.73
Other Current Liabilities	53.97	3.5	10.73	79.32	0
Total Current Liabilities	1,118	633.62	1,347	242.67	158.79
Long-Term Debt	-	499.56	-	1,778	1,671
Long-Term Leases	6.76	6.64	31.29	31.88	58.93
Long-Term Deferred Tax Liabilities	5.85	7.32	9.15	11.43	14.29
Other Long-Term Liabilities	33.2	33.2	33.2	33.2	33.2
Total Liabilities	1,163	1,180	1,421	2,097	1,937
Common Stock	68.79	68.79	23.78	23.78	23.78
Additional Paid-In Capital	877.59	1,168	933.7	933.7	933.7
Retained Earnings	-628.25	-909.67	-938.16	-1,051	-938.34
Comprehensive Income & Other	18.45	0.35	0.22	0.06	0.08
Shareholders' Equity	336.58	327.17	19.53	-93.5	19.22
Total Liabilities & Equity	1,500	1,508	1,440	2,003	1,956
Total Debt	1,036	1,035	1,290	1,841	1,767
Net Cash (Debt)	-827.78	-897.62	-1,203	-1,765	-1,671
Net Cash Per Share	-1.48	-35.78	-2.10	-74.22	-2.92
Filing Date Shares Outstanding	275.17	275.17	23.78	23.78	23.78
Total Common Shares Outstanding	275.17	275.17	23.78	23.78	23.78
Working Capital	-798.99	-354.81	-1,067	526.2	86.37
Book Value Per Share	1.22	1.19	0.82	-3.93	0.81
Tangible Book Value	336.58	327.17	19.53	-93.5	19.22
Tangible Book Value Per Share	1.22	1.19	0.82	-3.93	0.81
Land	-	-	-	3.7	3.7
Buildings	-	3.7	3.7	-	-
Machinery	-	2,289	2,920	4,437	6,677

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.