)
Havsfrun Investment (HAV) investor relations material
Havsfrun Investment Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Substantial improvement in annual results, with net income of 12.9 MSEK compared to -2.5 MSEK the previous year, and EPS of 1.07 SEK versus -0.21 SEK.
Net asset value (NAV) per share increased by 11.7% year-over-year, adjusted for dividends, reaching 9.09 SEK per share.
B share total return was 23.7% for the year, with the share price closing at 14.55 SEK, a 60% premium to NAV.
Strategic expansion through the establishment and listing of subsidiary HF Reverse (RTO) AB, focusing on smaller acquisitions and reverse takeovers.
Proposed dividend of 1.00 SEK per share, yielding 6.9%.
Financial highlights
NAV at year-end: 110.1 MSEK (previous year: 110.4 MSEK).
Annual net income: 12.9 MSEK (previous year: -2.5 MSEK).
Cash and cash equivalents: 60.5 MSEK at year-end.
Investment portfolio grew by 42.2% in value, outperforming both Swedish and global equity indices.
B share total return: 23.7% (previous year: -8.6%).
Outlook and guidance
January 2026 saw a further 0.1% increase in NAV, with a continued focus on liquid financial assets pending new structural investments.
The company aims to act opportunistically to identify value-creating opportunities, leveraging its public listing and new business areas.
Next Havsfrun Investment earnings date
Next Havsfrun Investment earnings date
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.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
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.
Explore our global coverage
)
)