HAV Group Balance Sheet Health
Financial Health criteria checks 5/6
HAV Group has a total shareholder equity of NOK81.3M and total debt of NOK10.0M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are NOK601.6M and NOK520.3M respectively.
Key information
12.3%
Debt to equity ratio
NOK 10.04m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 255.89m |
| Equity | NOK 81.29m |
| Total liabilities | NOK 520.27m |
| Total assets | NOK 601.56m |
Recent financial health updates
Does HAV Group (OB:HAV) Have A Healthy Balance Sheet?
Mar 10
Is HAV Group (OB:HAV) Using Too Much Debt?
Mar 17Recent updates
There's No Escaping HAV Group ASA's (OB:HAV) Muted Revenues Despite A 31% Share Price Rise
Mar 26Does HAV Group (OB:HAV) Have A Healthy Balance Sheet?
Mar 10Benign Growth For HAV Group ASA (OB:HAV) Underpins Its Share Price
Nov 24HAV Group ASA's (OB:HAV) CEO Will Probably Struggle To See A Pay Rise This Year
May 23HAV Group ASA's (OB:HAV) Shares Lagging The Industry But So Is The Business
May 12Is HAV Group (OB:HAV) Using Too Much Debt?
Mar 17Returns Are Gaining Momentum At HAV Group (OB:HAV)
Feb 19Even With A 28% Surge, Cautious Investors Are Not Rewarding HAV Group ASA's (OB:HAV) Performance Completely
Jan 20It's A Story Of Risk Vs Reward With HAV Group ASA (OB:HAV)
Jul 08The Trend Of High Returns At HAV Group (OB:HAV) Has Us Very Interested
Feb 01Returns on Capital Paint A Bright Future For HAV Group (OB:HAV)
Sep 02The Trend Of High Returns At HAV Group (OB:HAV) Has Us Very Interested
Mar 14Financial Position Analysis
Short Term Liabilities: HAV's short term assets (NOK505.3M) exceed its short term liabilities (NOK499.1M).
Long Term Liabilities: HAV's short term assets (NOK505.3M) exceed its long term liabilities (NOK21.2M).
Debt to Equity History and Analysis
Debt Level: HAV has more cash than its total debt.
Reducing Debt: HAV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: HAV's debt is well covered by operating cash flow (986%).
Interest Coverage: Insufficient data to determine if HAV's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/07 09:04 |
| End of Day Share Price | 2025/05/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
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.
| Analyst | Institution |
|---|---|
| Jørgen Torstensen | Fearnley Securities |