Hafnia Ltd
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates… Read more
Hafnia Ltd (HAFNI) - Total Assets
Latest total assets as of September 2025: Nkr3.57 Billion NOK
Based on the latest financial reports, Hafnia Ltd (HAFNI) holds total assets worth Nkr3.57 Billion NOK as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hafnia Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Hafnia Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hafnia Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hafnia Ltd's total assets of Nkr3.57 Billion consist of 24.1% current assets and 75.9% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr195.27 Million | 5.2% |
| Accounts Receivable | Nkr487.68 Million | 13.1% |
| Inventory | Nkr94.16 Million | 2.5% |
| Property, Plant & Equipment | Nkr2.61 Billion | 69.8% |
| Intangible Assets | Nkr510.00K | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Hafnia Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hafnia Ltd's current assets represent 24.1% of total assets in 2024, an increase from 8.9% in 2015.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2024, up from 1.8% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is property, plant & equipment at 69.8% of total assets.
Hafnia Ltd Competitors by Total Assets
Key competitors of Hafnia Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Hafnia Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Hafnia Ltd generates 0.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Hafnia Ltd generates $ 20.72 in net profit.
Hafnia Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.52 | 1.70 | 1.12 |
| Quick Ratio | 1.38 | 1.52 | 1.09 |
| Cash Ratio | 0.23 | 0.34 | 0.00 |
| Working Capital | Nkr294.35 Million | Nkr 409.76 Million | Nkr 29.09 Million |
Hafnia Ltd - Advanced Valuation Insights
This section examines the relationship between Hafnia Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.45 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -4.6% |
| Total Assets | Nkr3.73 Billion |
| Market Capitalization | $52.04 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hafnia Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hafnia Ltd's assets decreased by 4.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hafnia Ltd (2015–2024)
The table below shows the annual total assets of Hafnia Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr3.73 Billion | -4.57% |
| 2023-12-31 | Nkr3.91 Billion | -0.13% |
| 2022-12-31 | Nkr3.92 Billion | +56.07% |
| 2021-12-31 | Nkr2.51 Billion | -1.30% |
| 2020-12-31 | Nkr2.54 Billion | -5.12% |
| 2019-12-31 | Nkr2.68 Billion | +104.04% |
| 2018-12-31 | Nkr1.31 Billion | +7.73% |
| 2017-12-31 | Nkr1.22 Billion | +6.77% |
| 2016-12-31 | Nkr1.14 Billion | -15.74% |
| 2015-12-31 | Nkr1.36 Billion | -- |