HAV Group ASA (OSL:HAV) Interest Expense: kr-32.0 Mil (TTM As of Mar. 2026)


OSL:HAV HAV Group ASA OSL:HAV
64 GF Score
Price kr13.80
GF Value kr12.48
Valuation Modestly Overvalued
! 4 Warning Signs
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What is HAV Group ASA Interest Expense?

HAV Group ASA OSL:HAV -1.43% 64 Interest Expense is kr-32.0 Mil as of Mar. 2026. GuruFocus rates OSL:HAV with a GF Score™ of 64/100 and a GF Value™ of kr12.48 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HAV Group ASA's interest expense for the three months ended in Mar. 2026 was kr -9.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was kr-32.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. HAV Group ASA's Operating Income for the three months ended in Mar. 2026 was kr 6.0 Mil. HAV Group ASA's Interest Expense for the three months ended in Mar. 2026 was kr -9.1 Mil. HAV Group ASA's Interest Coverage for the quarter that ended in Mar. 2026 was 0.65. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

HAV Group ASA  (OSL:HAV) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

HAV Group ASA's Interest Expense for the three months ended in Mar. 2026 was kr-9.1 Mil. Its Operating Income for the three months ended in Mar. 2026 was kr6.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was kr0.0 Mil.

HAV Group ASA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5.966/-9.132
=0.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

HAV Group ASA Interest Expense Historical Data

* Premium members only.

The historical data trend for HAV Group ASA's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HAV Group ASA Interest Expense Chart

HAV Group ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only -3.22 -3.36 -3.02 -3.25 -2.68

HAV Group ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.70 -7.22 -3.80 -11.90 -9.13
OSL:HAV
64GF Score
HAV Group ASA OSL:HAV
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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HAV Group ASA Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-32.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of kr-32.0 Mil mean?
HAV Group ASA (OSL:HAV) has a Interest Expense of kr-32.0 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on HAV Group ASA and its competitors.
Is HAV Group ASA's Interest Expense too high?
HAV Group ASA's current Interest Expense is kr-32.0 Mil. Overall, HAV Group ASA has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's Interest Expense compare to competitors?
HAV Group ASA's Interest Expense of kr-32.0 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Transportation company?
A good Interest Expense depends on the Transportation industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on HAV Group ASA and its competitors. HAV Group ASA's current Interest Expense is kr-32.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.48, compared to a current price of kr13.80 — trading 10.6% above its estimated fair value. The current Interest Expense is kr-32.0 Mil. HAV Group ASA's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For HAV Group ASA (OSL:HAV), the current Interest Expense is kr-32.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HAV Group ASA (OSL:HAV) Overvalued in 2026?

Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued. The current stock price of kr13.80 is trading 10.6% above its estimated GF Value™ of kr12.48. GuruFocus considers HAV Group ASA to be Modestly Overvalued.

Key valuation signals for OSL:HAV:

  • Interest Expense: kr-32.0 Mil
  • GF Value™: kr12.48 vs. price of kr13.80 (10.6% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the OSL:HAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HAV Group ASA Business Description

Other Exchanges 6HH:Germany
Address Holmefjordvegen 1, Fosnavag, NOR, 6090
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
64GF Score

Get the complete analysis for OSL:HAV

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr13.80
Price
kr12.48
GF Value