Hafnia Limited (HAFN) — Financial statements
Income statement, balance sheet, and cash flow for Hafnia Limited — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,349↓18.1% | 2,869↑7.4% | 2,672↑38.7% | 1,927↑137.5% | 811 | |
| Cost of Revenue | 1,926↓4.6% | 2,019↑11.0% | 1,820↑67.5% | 1,086↑74.2% | 624 | |
| Gross Profit | 423↓50.2% | 850↓0.3% | 852↑1.4% | 840↑348.0% | 188 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 51↑18.2% | 43↑13.4% | 38↑135.8% | 16 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 87↑72.6% | 51↑18.2% | 43↑13.4% | 38↑135.8% | 16 | |
| Other Expenses | 0.00↑100.0% | -7↑86.2% | -49↓136.5% | -21↓111.7% | 176 | |
| Operating Expenses | 87↑99.0% | 44↑855.9% | -6↓133.8% | 17↓91.1% | 192 | |
| Total Costs & Expenses | 2,013↓2.4% | 2,063↑13.7% | 1,814↑64.4% | 1,103↑35.2% | 816 | |
| Operating Results | ||||||
| Operating Income | 336↓58.3% | 806↓6.1% | 858↑4.2% | 823↑17049.0% | -5 | |
| Depreciation & Amortization | 208↓3.3% | 215↑1.9% | 211↑0.9% | 209↑37.9% | 152 | |
| EBITDA | 544↓48.0% | 1,046↓3.9% | 1,088↑2.8% | 1,059↑658.4% | 140 | |
| EBIT | 336↓59.6% | 831↓5.3% | 877↑3.2% | 849↑7120.1% | -12 | |
| Interest & Other Income | ||||||
| Net Interest Income | -46↓1.7% | -45↑24.5% | -60↑35.5% | -93↓114.0% | -43 | |
| Interest Income | 14↓9.9% | 15↓12.6% | 18↑1044.1% | 2↓32.8% | 2 | |
| Interest Expense | 60↓1.2% | 61↓21.8% | 77↓17.9% | 94↑106.6% | 46 | |
| Non-Operating Income | 0.00↑100.0% | -25↓32.4% | -19↑27.5% | -26↓461.1% | 7 | |
| Other Income / Expenses | 16↑160.1% | -27↑53.3% | -58↑10.0% | -65↓40.4% | -46 | |
| Income Before Tax | 352↓54.8% | 778↓2.6% | 800↑5.4% | 758↑1583.8% | -51 | |
| Income Tax Expense | 3↓41.9% | 4↓29.3% | 6↓6.4% | 7↑52.1% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 350↓54.8% | 774↓2.4% | 793↑5.5% | 752↑1454.4% | -55 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 350↓54.8% | 774↓2.4% | 793↑5.5% | 752↑1454.4% | -55 | |
| Bottom-Line Net Income | 350↓54.8% | 774↓2.4% | 793↑5.5% | 752↑1454.4% | -55 | |
| EPS (Basic) | 0.70↓53.9% | 1.52↓3.2% | 1.57↑1.9% | 1.54↑1126.7% | -0.15 | |
| EPS (Diluted) | 0.69↓54.0% | 1.50↓3.8% | 1.56↑3.3% | 1.51↑1106.7% | -0.15 | |
| Weighted Average Shares | 498↓2.3% | 510↑1.0% | 505↑5.7% | 478↑31.6% | 363 | |
| Weighted Average Diluted Shares | 504↓2.1% | 515↑1.3% | 509↑4.0% | 489↑34.7% | 363 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.