Company Havila Kystruten

Equities

HKY

NO0011045429

Passenger Transportation, Ground & Sea

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-05-14 am EDT			5-day change	1st Jan Change
0.9 ^NOK	+4.65%		+3.45%	+21.95%

May. 09	Havila Kystruten Cancels Havila Pollux Ship's Round Trip Amid Repairs	MT
Apr. 18	Havila Kystruten Refinances Loan, Secures New Revolving Credit Facility	MT

Business Summary

Havila Kystruten AS is a Norway-based shipping company in a start-up phase. Havila Kystruten's core business is to operate four environmentally friendly ships along the classic coastal journey between Bergen and Kirkenes in Norway. The ships' batteries are recharged by pure hydropower when ashore. When the batteries are empty the operators switch to natural gas, which is specially designed for maximum energy efficiency, and surplus heat from cooling water and sea is used for heating on board. Havila Kystruten AS has a contract with the Norwegian Ministry of Transport to operate four of the eleven coastal cruise ships on the classic coastal route between Bergen and Kirkenes. Havila Kystruten is part of the Havila Group, which operates fisheries and herring fishing, as well as ship technology, offshore, transport and tourism.

Number of employees: 481

Sales per Business

NOK in Million	2022	Weight	2023	Weight	Delta
Presale 59.1 %	177	53.3 %	451	59.1 %	+155.19%
Contractual 28.3 %	112	33.7 %	216	28.3 %	+92.81%
Onboard 11.4 %	37	11.1 %	87	11.4 %	+136.40%
Other 1.3 %	6	1.9 %	10	1.3 %	+52.67%

Sales per region

NOK in Million	2022	Weight	2023	Weight	Delta
Norway 100.0 %	332	100.0 %	764	100.0 %	+130.10%

Managers

Managers	Title	Age	Since
Bent Martini CEO	Chief Executive Officer	-	21-07-31
Jan Sivert Sandoy PRN	Corporate Officer/Principal	-	-

Members of the board

Members of the board	Title	Age	Since
Per Rolf Sævik CHM	Chairman	84	20-12-31
Njål Sævik BRD	Director/Board Member	55	20-12-31
Hege Sævik Rabben BRD	Director/Board Member	53	20-12-31
Vegard Sævik BRD	Director/Board Member	46	20-12-31
Bent Martini CEO	Chief Executive Officer	-	21-07-31
Anita Nybo BRD	Director/Board Member	-	-

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	855,985,659	216,152,580 ( 25.25 %)	0	25.25 %

Shareholders

Name	Equities	%	Valuation
Saevik Family 59.69 %	510,928,333	59.69 %	40 M kr
Paladin Asset Management Investmentaktiengesellschaft TGV 8.903 %	76,206,907	8.903 %	6 M kr
Basat Shipping Ltd. 6.622 %	56,685,393	6.622 %	4 M kr
Athinais Maritime Corp. 2.883 %	24,674,157	2.883 %	2 M kr
FARVATN II AS 1.981 %	16,960,784	1.981 %	1 M kr
Axel Camillo Eitzen 1.444 %	12,362,500	1.444 %	960 072 kr
MP Pensjon PK 0.6285 %	5,380,064	0.6285 %	417 816 kr
Nordnet Livsforsikring AS 0.5735 %	4,909,144	0.5735 %	381 244 kr
Hermann Flinder 0.4089 %	3,500,000	0.4089 %	271 810 kr
Jomani AS 0.4029 %	3,449,193	0.4029 %	267 864 kr