Hafnia Limited (HAFN)

Hafnia Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	194.02	195.27	141.62	174.44	100.08	100.67
Cash & Short-Term Investments	194.02	195.27	141.62	174.44	100.08	100.67
Cash Growth	16.40%	37.88%	-18.81%	74.31%	-0.59%	9.89%
Accounts Receivable	467.13	404.01	507.84	305.5	118.47	66.17
Other Receivables	-	83.66	60.59	176.01	73.37	92.75
Receivables	467.13	487.68	568.44	481.51	226.7	158.92
Inventory	82.31	94.16	107.7	89.93	6.66	5.23
Prepaid Expenses	-	16.16	21.27	21.6	9.29	4.72
Restricted Cash	119.29	88.3	80.9	105.89	-	-
Other Current Assets	9.78	12.6	12.9	1.42	0.25	11.25
Total Current Assets	872.52	894.16	932.84	874.79	342.98	280.78
Property, Plant & Equipment	2,593	2,608	2,778	2,877	2,085	2,206
Long-Term Investments	110.63	104.44	84.13	43.18	19.39	6.8
Other Intangible Assets	18.2	6.43	1.29	2.59	3.57	4.42
Long-Term Deferred Tax Assets	-	-	0.04	0.04	0.04	0.04
Other Long-Term Assets	14.32	25.57	48.4	73.96	-	-
Total Assets	3,670	3,702	3,914	3,945	2,511	2,544
Accounts Payable	338.05	193.43	245.58	41.51	29.5	23.79
Accrued Expenses	-	118.15	114.8	101.76	30.43	38.77
Short-Term Debt	-	-	-	-	18.75	-
Current Portion of Long-Term Debt	312.66	252.56	174	104.48	178.62	142.96
Current Portion of Leases	82.97	83.74	93.32	215.64	51.02	36.15
Current Income Taxes Payable	4.56	2.76	8.11	4.74	2.02	2.07
Other Current Liabilities	0.18	3.2	25.37	13.04	5.46	7.95
Total Current Liabilities	738.42	653.83	661.19	481.16	315.8	251.69
Long-Term Debt	238.95	322.82	398.51	627.33	939.01	988.34
Long-Term Leases	392.11	463.13	626.52	827.85	144.13	155.84
Total Liabilities	1,369	1,440	1,686	1,936	1,399	1,396
Common Stock	1,093	1,093	5.07	5.04	3.7	3.7
Additional Paid-In Capital	-	-	1,582	1,561	1,242	1,242
Retained Earnings	778.52	705.18	631.03	381.89	-125.96	-70.46
Treasury Stock	-78.45	-53.44	-17.95	-12.68	-12.83	-13
Comprehensive Income & Other	507.32	517.71	27.62	73.65	5.15	-14.15
Shareholders' Equity	2,300	2,263	2,228	2,009	1,112	1,148
Total Liabilities & Equity	3,670	3,702	3,914	3,945	2,511	2,544
Total Debt	1,027	1,122	1,292	1,775	1,332	1,323
Net Cash (Debt)	-832.67	-926.98	-1,151	-1,601	-1,231	-1,223
Net Cash Per Share	-1.63	-1.80	-2.26	-3.27	-3.39	-3.36
Filing Date Shares Outstanding	497.99	502.92	503.39	500.59	455.27	363.06
Total Common Shares Outstanding	497.99	502.92	503.39	500.59	363.16	363.06
Working Capital	134.1	240.33	271.64	393.63	27.17	29.09
Book Value Per Share	4.62	4.50	4.43	4.01	3.06	3.16
Tangible Book Value	2,282	2,256	2,226	2,006	1,108	1,144
Tangible Book Value Per Share	4.58	4.49	4.42	4.01	3.05	3.15
Machinery	3,719	3,667	3,717	3,837	2,991	3,060

Updated Aug 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q