Core Insights - The financial statement for Havila Finans AS for the third quarter of 2025 has been released, providing insights into the company's performance during this period [1][2] Financial Performance - The financial results for Q3 2025 are detailed in the attached document, which includes key metrics and figures relevant to the company's operations [1] - The Chief Financial Officer, Arne Johan Dale, is available for contact regarding the financial statement, indicating a level of transparency and accessibility for stakeholders [2]

Core Insights - The financial statement for Havila Finans AS for the third quarter of 2025 has been released, providing insights into the company's financial performance during this period [1][2]. Financial Performance - The financial statement includes detailed accounts for Q3 2025, which are essential for understanding the company's revenue, expenses, and overall financial health [1]. - The document is subject to the disclosure requirements under the Norwegian Securities Trading Act, indicating compliance with regulatory standards [2].

Please find attache the half year accounts Contact: Chief Financial Officer Arne Johan Dale, +47 909 87 706 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment Havila Finans AS Financial statements Q2 2025 ...

Financial Performance - Freight revenues for Q2 2025 reached NOK 165.5 million, an increase of NOK 19.5 million compared to Q2 2024, and stable compared to the previous quarter [1] - Operating expenses in Q2 2025 were NOK 83.7 million, up NOK 9.2 million from Q2 2024, but down NOK 7.3 million from the previous quarter [1] - Profit before depreciation was NOK 91.3 million in Q2 2025, compared to NOK 78.4 million in Q2 2024 [7] - Profit before tax for Q2 2025 was NOK 8.7 million, an increase from NOK 4.0 million in Q2 2024 [7] - Total operating income for the first half of 2025 was NOK 347.5 million, compared to NOK 279.0 million in the same period last year [7] Fleet and Operations - As of June 30, 2025, the company operated 14 vessels, with a fleet utilization rate of 98.1% in Q2 2025 [2][10] - The company employed 398 seamen in Q2 2025, along with 12 man-years in administration [10] Balance Sheet and Liquidity - Total current assets as of June 30, 2025, amounted to NOK 316.1 million, with bank deposits of NOK 155.1 million [5] - Total long-term debt was NOK 538.9 million, including NOK 499.6 million from sister company Havila Finans AS [8] - The nominal value of interest-bearing debt was NOK 637.3 million, while non-interest-bearing debt was NOK 602.1 million as of June 30, 2025 [9]

Core Viewpoint - The company is currently in a legal dispute with three banks regarding a restructuring agreement, which has been extended until December 31, 2025, while the company asserts that there has been no breach of contract [2]. Financial Performance - Freight revenues for Q1 2025 reached NOK 166.3 million, marking an increase of NOK 49.6 million year-over-year and NOK 18.3 million quarter-over-quarter [5]. - Operating expenses in Q1 2025 were NOK 91.0 million, up NOK 9.7 million from Q1 2024 and up NOK 3.3 million from the previous quarter [5]. - The company reported a profit before depreciation of NOK 81.6 million in Q1 2025, compared to NOK 44.8 million in Q1 2024 [5]. - Profit before tax for Q1 2025 was NOK 18.8 million, a significant increase from NOK 0.1 million in Q1 2024 [5]. Asset and Debt Management - As of March 31, 2025, total current assets were NOK 295.7 million, with bank deposits amounting to NOK 170.9 million [5]. - The book value of the fleet was NOK 1,186.4 million, and total long-term debt was NOK 546.5 million, which includes loans from Havila Finans AS [5]. - The nominal value of interest-bearing debt was NOK 644.2 million, while non-interest-bearing debt was NOK 610.7 million [5]. Fleet and Employment - The company operates 14 vessels, including 10 Platform Supply Vessels (PSVs) [6]. - In Q1 2025, the company employed 402 seamen and 12 administrative staff [6].