Havila Kystruten AS (OSL:HKY) Asset Turnover: 0.09 (As of Mar. 2026)


OSL:HKY Havila Kystruten AS OSL:HKY
52 GF Score
Price kr59.50
GF Value kr54.12
Valuation Fairly Valued
! 6 Warning Signs
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What is Havila Kystruten AS Asset Turnover?

Havila Kystruten AS OSL:HKY +4.39% 52 Asset Turnover is 0.09 as of Mar. 2026. GuruFocus rates OSL:HKY with a GF Score™ of 52/100 and a GF Value™ of kr54.12 (Fairly Valued). The stock has 6 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Havila Kystruten AS's Revenue for the three months ended in Mar. 2026 was kr391 Mil. Havila Kystruten AS's Total Assets for the quarter that ended in Mar. 2026 was kr4,501 Mil. Therefore, Havila Kystruten AS's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Havila Kystruten AS's annualized ROE % for the quarter that ended in Mar. 2026 was -35.16%. It is also linked to ROA % through Du Pont Formula. Havila Kystruten AS's annualized ROA % for the quarter that ended in Mar. 2026 was 10.43%.


Havila Kystruten AS  (OSL:HKY) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Havila Kystruten AS's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=469.408/-1335.027
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(469.408 / 1565.708)*(1565.708 / 4501.4015)*(4501.4015/ -1335.027)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.98 %*0.3478*-3.3718
=ROA %*Equity Multiplier
=10.43 %*-3.3718
=-35.16 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Havila Kystruten AS's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=469.408/4501.4015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(469.408 / 1565.708)*(1565.708 / 4501.4015)
=Net Margin %*Asset Turnover
=29.98 %*0.3478
=10.43 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Havila Kystruten AS Asset Turnover Related Terms


Havila Kystruten AS Asset Turnover Historical Data

* Premium members only.

The historical data trend for Havila Kystruten AS's Asset Turnover 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.

Havila Kystruten AS Asset Turnover Chart

Havila Kystruten AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.02 0.09 0.18 0.33 0.39

Havila Kystruten AS Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.08 0.09 0.14 0.08 0.09

OSL:HKY vs BKNG, ABNB, RCL: Asset Turnover Comparison

For the Travel Services subindustry, Havila Kystruten AS's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Havila Kystruten AS Asset Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Havila Kystruten AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Havila Kystruten AS's Asset Turnover falls into.


OSL:HKY
52GF Score
Havila Kystruten AS OSL:HKY
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Havila Kystruten AS Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Havila Kystruten AS's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1775.243/( (4581.672+4474.139)/ 2 )
=1775.243/4527.9055
=0.39

Havila Kystruten AS's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=391.427/( (4474.139+4528.664)/ 2 )
=391.427/4501.4015
=0.09

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.09 mean?
Havila Kystruten AS (OSL:HKY) has a Asset Turnover of 0.09 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Havila Kystruten AS and its competitors.
Is Havila Kystruten AS's Asset Turnover too high?
Havila Kystruten AS's current Asset Turnover is 0.09. Overall, Havila Kystruten AS has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Havila Kystruten AS's Asset Turnover compare to BKNG and ABNB?
Havila Kystruten AS's Asset Turnover of 0.09 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Havila Kystruten AS and its competitors. Havila Kystruten AS's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Kystruten AS stock overvalued right now?
Based on GuruFocus' analysis, Havila Kystruten AS (OSL:HKY) is currently considered Fairly Valued. The stock's GF Value™ is kr54.12, compared to a current price of kr59.50 — trading 9.9% above its estimated fair value. The current Asset Turnover is 0.09. Havila Kystruten AS's overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Havila Kystruten AS (OSL:HKY), the current Asset Turnover is 0.09 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 Havila Kystruten AS (OSL:HKY) Overvalued in 2026?

Based on GuruFocus' analysis, Havila Kystruten AS stock appears to be overvalued. The current stock price of kr59.50 is trading 9.9% above its estimated GF Value™ of kr54.12. GuruFocus considers Havila Kystruten AS to be Fairly Valued.

Key valuation signals for OSL:HKY:

  • Asset Turnover: 0.09
  • GF Value™: kr54.12 vs. price of kr59.50 (9.9% above fair value)
  • GF Score™: 52/100 with 6 warning signs

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


Havila Kystruten AS Business Description

Other Exchanges 6FZ0:Germany
Address Mjolstadnesvegen 24, Fosnavag, NOR, 6092
Havila Kystruten AS purpose is to operate shipping, transport, and tourism activities, including development and investment in other companies, and other activities naturally related thereto. It operates four vessels on the classic coastal route between Bergen and Kirkenes, using some of the environmentally friendly ships along the Norwegian coast.
52GF Score

Get the complete analysis for OSL:HKY

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

kr59.50
Price
kr54.12
GF Value