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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	188.14	195.27	141.62	174.44	100.08	100.67
Cash & Short-Term Investments	188.14	195.27	141.62	174.44	100.08	100.67
Cash Growth	45.94%	37.88%	-18.81%	74.31%	-0.59%	9.89%
Accounts Receivable	525.9	404.01	507.84	305.5	118.47	66.17
Other Receivables	-	83.66	60.59	176.01	73.37	92.75
Receivables	525.9	487.68	568.44	481.51	226.7	158.92
Inventory	92.29	94.16	107.7	89.93	6.66	5.23
Prepaid Expenses	-	16.16	21.27	21.6	9.29	4.72
Restricted Cash	80.02	88.3	80.9	105.89	-	-
Other Current Assets	2.71	12.6	12.9	1.42	0.25	11.25
Total Current Assets	889.05	894.16	932.84	874.79	342.98	280.78
Property, Plant & Equipment	2,595	2,608	2,778	2,877	2,085	2,206
Long-Term Investments	107.54	104.44	84.13	43.18	19.39	6.8
Other Intangible Assets	12.61	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	24.75	25.57	48.4	73.96	-	-
Total Assets	3,696	3,702	3,914	3,945	2,511	2,544
Accounts Payable	347.44	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	291.25	252.56	174	104.48	178.62	142.96
Current Portion of Leases	81.77	83.74	93.32	215.64	51.02	36.15
Current Income Taxes Payable	3.38	2.76	8.11	4.74	2.02	2.07
Other Current Liabilities	0.65	3.2	25.37	13.04	5.46	7.95
Total Current Liabilities	724.49	653.83	661.19	481.16	315.8	251.69
Long-Term Debt	270.92	322.82	398.51	627.33	939.01	988.34
Long-Term Leases	422.6	463.13	626.52	827.85	144.13	155.84
Total Liabilities	1,418	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	753.74	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	510.1	517.71	27.62	73.65	5.15	-14.15
Shareholders' Equity	2,278	2,263	2,228	2,009	1,112	1,148
Total Liabilities & Equity	3,696	3,702	3,914	3,945	2,511	2,544
Total Debt	1,067	1,122	1,292	1,775	1,332	1,323
Net Cash (Debt)	-878.39	-926.98	-1,151	-1,601	-1,231	-1,223
Net Cash Per Share	-1.71	-1.80	-2.26	-3.27	-3.39	-3.36
Filing Date Shares Outstanding	498.75	502.92	503.39	500.59	455.27	363.06
Total Common Shares Outstanding	498.75	502.92	503.39	500.59	363.16	363.06
Working Capital	164.56	240.33	271.64	393.63	27.17	29.09
Book Value Per Share	4.57	4.50	4.43	4.01	3.06	3.16
Tangible Book Value	2,266	2,256	2,226	2,006	1,108	1,144
Tangible Book Value Per Share	4.54	4.49	4.42	4.01	3.05	3.15
Machinery	3,689	3,667	3,717	3,837	2,991	3,060

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q