HAVILA SUBSEA & RENEWABLES AS

Org. no. 921559119 · HERØY · Founded 2018

Score · fiscal year 2023

40of 100

How to read this: the company is ahead of 34 % of small companies in the same sector in 2023. What does this mean?

Rank: 373 of 565 · Olje og gass

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 40 and solidity 35 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

HAVILA SUBSEA & RENEWABLES AS is 10 points below the median for small companies in the same sector in 2023.

Median score 50 among 311 companies.

Against small companies in the same sector in 2023: operating margin −4,078.5% (median 5.1%) and equity ratio 34.9% (median 48.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue0 MNOK3 MNOK
Operating margin −4,078.5% 5.1% 1 %
Profit margin 76,392.1% 10.0% shown, not part of the index
Return on assets 21.4% 3.5% 79 %
Equity ratio 34.9% 48.9% 42 %
Debt-to-equity 1.87 0.52 28 %
Current ratio 2.24 1.51 61 %
Revenue growth – 3.8% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 40, HAVILA SUBSEA & RENEWABLES AS does better than 34% of small companies in the same sector (312 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • HAVILA SUBSEA & RENEWABLES AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

HAVILA SUBSEA & RENEWABLES AS had an operating margin of −4,078.5% and an equity ratio of 34.9% in 2023, and ranks 373 of 565 in Olje og gass.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 295 MNOK and 2,183 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 218.3 MNOK 10.0 2,183 MNOK
EV/EBIT Operating profit: −10.9 MNOK 8.0 not meaningful
P/B Equity: 294.8 MNOK 1.0 295 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2023

Worth a closer look

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −4,078.5% (median 5.1%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

  • watch Extreme margin: check the figures
Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability40 weight 30%
Solidity35 weight 25%
Liquidity61 weight 15%
Growth– no data, left out
Consistency26 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is HAVILA SUBSEA & RENEWABLES AS?

The operating margin was −4,078.5% in 2023, against a median of 5.1% among small companies in the same sector. Return on assets was 21.4%.

How solid is HAVILA SUBSEA & RENEWABLES AS?

The equity ratio was 34.9% in 2023 (median 48.9%). Debt-to-equity was 1.87 (median 0.52).

What is the liquidity of HAVILA SUBSEA & RENEWABLES AS like?

The current ratio was 2.24 in 2023 (median 1.51).

How does HAVILA SUBSEA & RENEWABLES AS compare in Olje og gass?

HAVILA SUBSEA & RENEWABLES AS ranks 373 of 565 in Olje og gass for 2023. Among companies of the same size (small companies) it ranks 205 of 312.

From the Central Coordinating Register

Org. no.
921559119
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
small
Employees
0–4 (not registered)
Founded
28 September 2018 8 years in operation
Share capital
0.09 MNOK
Business address
Mjølstadnesvegen 24, 6092 FOSNAVÅG (HERØY)
Municipality
Herøy (Møre og Romsdal) rank 29 of 40 in KOSTRA group 1
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chair of the board
Stein Pettersen
Board member
Njål Sævik
Board member
Hege Sævik Rabben
Auditor
PRICEWATERHOUSECOOPERS AS

Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index404539
Rank373331398
Operating margin−4,078.5%−4,448.8%−12,872.1%
Return on assets21.4%15.2%16.9%
Equity ratio34.9%45.2%36.3%
Current ratio2.246.987.32
Revenue growth–−26.4%−63.2%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.3 MNOK0.2 MNOK0.1 MNOK
Operating profit−10.9 MNOK−8.8 MNOK−9.3 MNOK
Profit before tax204.5 MNOK97.8 MNOK105.5 MNOK
Net profit218.3 MNOK87.9 MNOK142.3 MNOK
Financial expenses−23.3 MNOK31.3 MNOK14.1 MNOK
Total assets845.9 MNOK848.1 MNOK708.5 MNOK
Current assets50.4 MNOK41.6 MNOK67.7 MNOK
Equity294.8 MNOK383.7 MNOK257.2 MNOK
Retained earnings−273.4 MNOK−184.5 MNOK−311.0 MNOK
Total liabilities551.1 MNOK464.4 MNOK451.3 MNOK
Current liabilities22.5 MNOK6.0 MNOK9.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5300633.