Havila Kystruten AS
45.00
NOK
+1.20
(+2.74%)
ISIN
NO0013696799
Return %
Stock
S&P 500
1Y
-28.00
14.20
3Y
0.00
81.12
5Y
-95.25
68.34
Capital Structure
NOK
•
in mil. unless spec.Working Capital
NOK
•
in mil. unless spec.Growth Rates
NOK
•
in mil. unless spec.Quarterly Revenue
NOK
•
in mil. unless spec.Quarterly Earnings Per Share
NOK
•
in mil. unless spec.Quarterly Dividends Per Share
NOK
•
in mil. unless spec.Company Description
- CEO
- Bent Martini
- Full Time Employees
- 679
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Fosnavag Norway
- IPO Date
- Aug 3, 2021
- Website
- havilavoyages.com
- Similar Companies
- Business
- Havila Kystruten AS is a Norway-based maritime passenger transport and coastal cruise operator that provides scheduled coastal shipping, passenger transportation, freight handling, and tourism voyage services along the Norwegian coastline. Founded in 2018 and headquartered in Fosnavåg, Norway, the company operates as a key contractor under a long-term public service concession with the Norwegian Ministry of Transport and Communications to service the historic coastal route between Bergen and Kirkenes. The company operates within the passenger shipping and marine tourism industry, serving international leisure travelers, regional commuters, and domestic logistics clients, with parent company ties to Havila Holding AS. Havila Kystruten AS delivers its services through a fleet of energy-efficient, hybrid-powered passenger vessels operating under the Havila Voyages brand. The company's principal offerings and operational capabilities include: coastal passenger transport services comprising scheduled round-trip voyages, one-way northbound and southbound sailings, and port-to-port regional passenger transit across 34 ports of call along the Norwegian coast; cruise tourism and experiential travel packages featuring seasonal itineraries such as Northern Lights and Midnight Sun voyages, supplemented by organized shore excursions, guided cultural expeditions, and wildlife viewings; onboard hospitality, accommodation, and culinary services consisting of multi-tier stateroom and suite lodging, fine dining and casual restaurant operations emphasizing locally sourced Norwegian gastronomy through venue concepts such as Havrand Restaurant, Hildring Fine Dining, and Havly Café, conference facilities, and wellness amenities including observation lounges, saunas, outdoor jacuzzis, and fitness centers; and coastal cargo and freight logistics services encompassing refrigerated cargo transport, palletized general freight distribution, mail delivery, and vehicle carriage designed to support the supply chain requirements of isolated coastal communities. In recent developments, Havila Kystruten AS completed the full commercial deployment of its planned four-vessel fleet following the delivery and entry into service of its final two newbuild vessels, Havila Polaris and Havila Pollux, which joined sister vessels Havila Capella and Havila Castor to fulfill the company's full contractual schedule with the Norwegian government. The company also completed major financial restructuring and debt refinancing initiatives, securing long-term institutional bond financing and credit facilities to successfully refinance its vessel fleet and normalize its capital structure under independent western financial ownership. Additionally, the company expanded its global commercial footprint by entering into strategic distribution agreements with international tour operators and travel agency networks across Europe and North America, while advancing its operational sustainability roadmap through extended battery-powered zero-emission sailings in UNESCO World Heritage fjords and increasing the integration of liquefied biogas and shore-power infrastructure across Norwegian ports.