Hafnia Ltd (HAFNI) - Total Assets
Based on the latest financial reports, Hafnia Ltd (HAFNI) holds total assets worth Nkr3.57 Billion NOK (≈ $375.68 Million USD) 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. Check total reinvestment intensity of Hafnia Ltd to assess the company's total reinvestment commitment from operating cash flow.
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 HAFNI long-term investment intensity to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see market value of Hafnia Ltd.
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 |
|---|---|---|
|
Hyundai Mipo Dockyard
KO:010620
|
Korea | ₩5.15 Trillion |
|
ZIM Integrated Shipping Services Ltd
NYSE:ZIM
|
USA | $10.58 Billion |
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Rizhao Port Co Ltd
SHG:600017
|
China | CN¥39.87 Billion |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
Korea | ₩641.49 Billion |
|
Puerto Ventana
SN:VENTANAS
|
Chile | CL$454.65 Million |
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
Indonesia | Rp714.01 Billion |
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 | Nkr409.76 Million | Nkr29.09 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 | 0.98 |
| Asset Growth Rate (YoY) | -4.6% |
| Total Assets | Nkr3.73 Billion |
| Market Capitalization | $3.64 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Hafnia Ltd's assets close to their book value (0.98x), suggesting investors view the company's assets at approximately fair value.
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 ≈ $393.03 Million |
-4.57% |
| 2023-12-31 | Nkr3.91 Billion ≈ $411.86 Million |
-0.13% |
| 2022-12-31 | Nkr3.92 Billion ≈ $412.38 Million |
+56.07% |
| 2021-12-31 | Nkr2.51 Billion ≈ $264.22 Million |
-1.30% |
| 2020-12-31 | Nkr2.54 Billion ≈ $267.69 Million |
-5.12% |
| 2019-12-31 | Nkr2.68 Billion ≈ $282.15 Million |
+104.04% |
| 2018-12-31 | Nkr1.31 Billion ≈ $138.28 Million |
+7.73% |
| 2017-12-31 | Nkr1.22 Billion ≈ $128.35 Million |
+6.77% |
| 2016-12-31 | Nkr1.14 Billion ≈ $120.22 Million |
-15.74% |
| 2015-12-31 | Nkr1.36 Billion ≈ $142.67 Million |
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About 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