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HAV logo

HAV Group OB:HAV Stock Report

Last Price

NOK 6.98

Market Cap

NOK 220.1m

7D

10.4%

1Y

-30.9%

Updated

17 Dec, 2024

Data

Company Financials

HAV Stock Overview

Through its subsidiaries, provides technology and services for maritime and marine industries worldwide. More details

HAV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

HAV Group ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for HAV Group
Historical stock prices
Current Share PriceNOK 6.98
52 Week HighNOK 13.40
52 Week LowNOK 6.00
Beta0.80
1 Month Change-17.88%
3 Month Change-19.95%
1 Year Change-30.89%
3 Year Change-50.19%
5 Year Changen/a
Change since IPO-54.68%

Recent News & Updates

Benign Growth For HAV Group ASA (OB:HAV) Underpins Its Share Price

Nov 24
Benign Growth For HAV Group ASA (OB:HAV) Underpins Its Share Price

Recent updates

Benign Growth For HAV Group ASA (OB:HAV) Underpins Its Share Price

Nov 24
Benign Growth For HAV Group ASA (OB:HAV) Underpins Its Share Price

HAV Group ASA's (OB:HAV) CEO Will Probably Struggle To See A Pay Rise This Year

May 23
HAV Group ASA's (OB:HAV) CEO Will Probably Struggle To See A Pay Rise This Year

HAV Group ASA's (OB:HAV) Shares Lagging The Industry But So Is The Business

May 12
HAV Group ASA's (OB:HAV) Shares Lagging The Industry But So Is The Business

Is HAV Group (OB:HAV) Using Too Much Debt?

Mar 17
Is HAV Group (OB:HAV) Using Too Much Debt?

Returns Are Gaining Momentum At HAV Group (OB:HAV)

Feb 19
Returns Are Gaining Momentum At HAV Group (OB:HAV)

Even With A 28% Surge, Cautious Investors Are Not Rewarding HAV Group ASA's (OB:HAV) Performance Completely

Jan 20
Even With A 28% Surge, Cautious Investors Are Not Rewarding HAV Group ASA's (OB:HAV) Performance Completely

It's A Story Of Risk Vs Reward With HAV Group ASA (OB:HAV)

Jul 08
It's A Story Of Risk Vs Reward With HAV Group ASA (OB:HAV)

The Trend Of High Returns At HAV Group (OB:HAV) Has Us Very Interested

Feb 01
The Trend Of High Returns At HAV Group (OB:HAV) Has Us Very Interested

Returns on Capital Paint A Bright Future For HAV Group (OB:HAV)

Sep 02
Returns on Capital Paint A Bright Future For HAV Group (OB:HAV)

The Trend Of High Returns At HAV Group (OB:HAV) Has Us Very Interested

Mar 14
The Trend Of High Returns At HAV Group (OB:HAV) Has Us Very Interested

Shareholder Returns

HAVNO MachineryNO Market
7D10.4%-5.7%-2.3%
1Y-30.9%-15.6%-0.1%

Return vs Industry: HAV underperformed the Norwegian Machinery industry which returned -15.3% over the past year.

Return vs Market: HAV underperformed the Norwegian Market which returned 0.1% over the past year.

Price Volatility

Is HAV's price volatile compared to industry and market?
HAV volatility
HAV Average Weekly Movement6.6%
Machinery Industry Average Movement6.6%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: HAV has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: HAV's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020171Gunnar Larsenwww.havgroup.no

HAV Group ASA, through its subsidiaries, provides technology and services for maritime and marine industries worldwide. It operates through HAV Design, Norwegian Electric Systems, Norwegian Greentech, and HAV Hydrogen segments. The company engages in development, sale, and delivery of ship design, project engineering, and system packages for offshore, transport, and fishing vessels; and delivers complete and scalable hydrogen systems for use on big and small, newbuildings, and retrofits for operation in heavy seas.

HAV Group ASA Fundamentals Summary

How do HAV Group's earnings and revenue compare to its market cap?
HAV fundamental statistics
Market capNOK 220.10m
Earnings (TTM)-NOK 78.40m
Revenue (TTM)NOK 568.53m

0.4x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HAV income statement (TTM)
RevenueNOK 568.53m
Cost of RevenueNOK 356.02m
Gross ProfitNOK 212.51m
Other ExpensesNOK 290.91m
Earnings-NOK 78.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 14, 2025

Earnings per share (EPS)-2.49
Gross Margin37.38%
Net Profit Margin-13.79%
Debt/Equity Ratio71.2%

How did HAV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 10:20
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HAV Group ASA is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen TorstensenFearnley Securities