Logotype for Havila Shipping

Havila Shipping (HAVI) investor relations material

Havila Shipping Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Havila Shipping
Q3 2025 earnings summary19 Nov, 2025

Executive summary

  • Freight revenues in Q3 2025 were NOK 149.3 million, up NOK 8.5 million year-over-year but down NOK 16.2 million sequentially, with lower assignment rates and utilization due to planned vessel maintenance.

  • Operating profit before depreciation in Q3 2025 was NOK 72.5 million, up from NOK 69.0 million in Q3 2024.

  • Profit before tax for Q3 2025 was NOK 9.0 million, compared to NOK 3.3 million in Q3 2024.

  • Year-to-date 2025, total operating income reached NOK 504.2 million, up from NOK 429.2 million in the same period last year.

  • Fleet utilization in Q3 2025 was 95.3%.

Financial highlights

  • Q3 2025 total operating income: NOK 156.7 million (Q3 2024: NOK 150.2 million).

  • Q3 2025 total operating expenses: NOK 84.1 million (Q3 2024: NOK 81.2 million).

  • Depreciation in Q3 2025: NOK 50.0 million (Q3 2024: NOK 36.9 million).

  • Net financial items in Q3 2025: NOK -13.9 million, including a NOK 38.7 million value adjustment of debt.

  • Year-to-date profit before tax: NOK 36.5 million (YTD 2024: NOK 7.8 million).

Outlook and guidance

  • The company will maintain a minimum cash position of NOK 50.0 million as per loan agreements.

  • Shareholder dilution is expected due to conversion rights on non-interest-bearing debt, with a significant increase in shares anticipated by year-end 2025.

  • A court verdict regarding a dispute with lenders over refinancing is expected by year-end 2025.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Havila Shipping earnings date

Logotype for Havila Shipping
Q4 202526 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Havila Shipping earnings date

Logotype for Havila Shipping
Q4 202526 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Havila Shipping ASA is a Norwegian maritime company that operates a fleet of offshore support vessels, servicing the global oil and gas industry. The company offers services such as platform supply, anchor handling, and subsea construction support. Its vessels are designed to handle operations in harsh offshore environments, supporting the exploration, production, and maintenance phases of oil fields. Havila Shipping is headquartered in Fosnavåg, Norway, and its shares are listed on the Oslo Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage