HAFNI.OL
Hafnia Limited
OsloNOKEQUITY
Industrials
DELAYED
Last price
76.30
▲ 2.60 (3.53%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
74.10
Prev close
73.70
Day high
76.50
Day low
73.55
Volume
457.17K
Market cap
$38.23B
P/E (TTM)
9.11
52W range
51.70 – 86.70
Day trading desk
Gap from prior close
+0.54%
Prior close 73.70
VWAP
75.35
+1.26% from price
Relative volume
1.01×
Normal
Session range
4.01%
73.55 – 76.50
Position in range
93%
Near session high
ATR (14D)
2.21
2.90% of price
Prior day high
75.35
PDH
Prior day low
73.50
PDL
Bid / ask spread
—
Quote not published
Session volume
477.11K
Avg 471.38K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+5.01%
+6.4%
1M
+4.29%
+0.6%
3M
-1.80%
-4.9%
6M
+16.51%
+5.4%
YTD
+40.62%
+28.3%
1Y
+35.40%
+15.4%
3Y
+30.77%
-43.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on HAFNI.OL open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
229.65M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Apr 13, 26 | Skov (Mikael Oepstun) Chief Executive Officer |
SELL | 500.00K | $30.25M | Direct |
| Apr 10, 26 | Skov (Mikael Oepstun) Chief Executive Officer |
SELL | 500.00K | $30.26M | Direct |
| Jan 20, 25 | Castel AS Institution- Corporation |
SELL | 1.18M | $52.06M | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Castel AS |
Institution- Corporation | 0 | Sale |
Skov (Mikael Oepstun) |
Chief Executive Officer | 0 | Sale |
Fundamentals
Market cap$38.23B
Enterprise value$39.02B
Revenue (TTM)$2.41B
Gross profit$705.67M
EBITDA$565.68M
Net income$456.22M
EPS (TTM)$8.40
Free cash flow$127.69M
Total cash$146.46M
Total debt$1.03B
Book value / share$47.58
Shares outstanding499.78M
Float241.01M
Short % of float—
Dividend yield9.37%
Beta (5Y)-0.16
Valuation & profitability ratios
Trailing P/E9.11
Forward P/E12.90
PEG ratio—
Price / sales—
Price / book1.61
EV / revenue16.22
EV / EBITDA68.98
Gross margin29.34%
Operating margin22.34%
Profit margin18.97%
Return on equity18.93%
Return on assets6.99%
Debt / equity40.35
Current ratio1.60
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $2.28B | $2.87B | $2.67B | $1.93B | -20.5% |
| Operating revenue | $2.28B | $2.87B | $2.67B | $1.93B | -20.5% |
| Cost of revenue | $1.84B | $2.02B | $1.82B | $1.09B | -8.7% |
| Gross profit | $438.21M | $849.63M | $852.14M | $840.42M | -48.4% |
| Selling, general & admin | $50.45M | $50.60M | $42.82M | $37.77M | -0.3% |
| Total operating expense | $80.86M | $72.42M | $50.28M | $42.69M | +11.6% |
| Operating income | $357.35M | $777.21M | $801.86M | $797.73M | -54.0% |
| Net interest income | -$41.88M | -$45.72M | -$71.60M | -$86.63M | +8.4% |
| Pre-tax income | $342.18M | $778.45M | $799.53M | $758.27M | -56.0% |
| Tax provision | $2.50M | $4.42M | $6.25M | $6.68M | -43.5% |
| Net income | $339.68M | $774.03M | $793.27M | $751.59M | -56.1% |
| Net income to common | $339.68M | $774.03M | $793.27M | $751.59M | -56.1% |
| Basic EPS | 0.68 | 1.52 | 1.57 | 1.57 | -55.3% |
| Diluted EPS | 0.67 | 1.50 | 1.56 | 1.54 | -55.3% |
| EBIT | $391.94M | $830.83M | $876.91M | $849.36M | -52.8% |
| EBITDA | $594.07M | $1.05B | $1.09B | $1.06B | -43.2% |
| Basic shares | 498.18M | 510.10M | 505.14M | 477.89M | -2.3% |
| Diluted shares | 504.11M | 515.11M | 508.69M | 489.08M | -2.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $103.61M | $195.27M | $141.62M | $174.44M | -46.9% |
| Cash & short-term investments | $103.61M | $195.27M | $141.62M | $174.44M | -46.9% |
| Accounts receivable | $322.69M | $323.18M | $389.38M | $221.78M | -0.1% |
| Inventory | $69.03M | $94.16M | $107.70M | $89.93M | -26.7% |
| Total current assets | $843.95M | $900.08M | $932.84M | $874.79M | -6.2% |
| Property, plant & equipment | $2.50B | $2.61B | $2.78B | $2.88B | -4.2% |
| Goodwill & intangibles | $83.00K | $510.00K | $1.29M | $2.59M | -83.7% |
| Total assets | $3.81B | $3.70B | $3.91B | $3.95B | +3.0% |
| Total current liabilities | $571.91M | $653.83M | $661.19M | $481.16M | -12.5% |
| Current debt | $184.77M | $252.56M | $174.00M | $104.48M | -26.8% |
| Long-term debt | $863.35M | $322.82M | $398.51M | $627.33M | +167.4% |
| Total debt | $1.12B | $1.12B | $1.29B | $1.78B | +0.1% |
| Total liabilities | $1.48B | $1.44B | $1.69B | $1.94B | +3.0% |
| Retained earnings | $846.22M | $705.18M | $631.02M | $381.89M | +20.0% |
| Shareholder equity | $2.33B | $2.26B | $2.23B | $2.01B | +3.0% |
| Working capital | $272.04M | $246.25M | $271.64M | $393.63M | +10.5% |
| Net tangible assets | $2.33B | $2.26B | $2.23B | $2.01B | +3.0% |
| Shares issued | 512.56M | 512.56M | 504.19M | 500.59M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $339.68M | $774.03M | $793.27M | $751.59M | -56.1% |
| Depreciation & amortisation | $202.13M | $215.11M | $211.03M | $209.22M | -6.0% |
| Stock-based compensation | $3.21M | $2.96M | $2.82M | $1.76M | +8.3% |
| Change in working capital | $40.36M | $44.60M | $48.72M | -$232.84M | -9.5% |
| Operating cash flow | $602.89M | $1.03B | $1.06B | $770.89M | -41.5% |
| Capital expenditure | -$146.20M | -$49.62M | -$184.39M | -$447.38M | -194.6% |
| Investing cash flow | -$363.72M | $29.89M | -$31.68M | -$179.13M | -1,316.8% |
| Share buybacks | -$27.66M | -$49.16M | $0 | $0 | +43.7% |
| Dividends paid | -$198.64M | -$699.88M | -$544.14M | -$243.75M | +71.6% |
| Financing cash flow | -$330.17M | -$999.21M | -$1.09B | -$465.13M | +67.0% |
| Free cash flow | $456.69M | $980.74M | $876.41M | $323.51M | -53.4% |
| End cash position | $192.57M | $283.57M | $222.52M | $280.32M | -32.1% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $671.22M | $592.96M | $586.88M | $554.15M | $547.91M | +13.2% |
| Operating revenue | $671.22M | $592.96M | $586.88M | $554.15M | $547.91M | +13.2% |
| Cost of revenue | $511.92M | $464.12M | $473.16M | $450.91M | $455.51M | +10.3% |
| Gross profit | $159.30M | $128.84M | $113.72M | $103.24M | $92.40M | +23.6% |
| Selling, general & admin | $20.65M | — | — | — | $20.71M | — |
| Total operating expense | $8.74M | $28.45M | $15.32M | $20.15M | $16.94M | -69.3% |
| Operating income | $150.55M | $100.40M | $98.40M | $83.09M | $75.46M | +50.0% |
| Net interest income | -$11.95M | -$8.94M | -$11.79M | -$8.05M | -$13.10M | -33.7% |
| Pre-tax income | $180.52M | $107.37M | $92.20M | $78.00M | $64.61M | +68.1% |
| Tax provision | $788.00K | -$2.28M | $699.00K | $2.66M | $1.42M | +134.5% |
| Net income | $179.73M | $109.65M | $91.50M | $75.33M | $63.19M | +63.9% |
| Net income to common | $179.73M | $109.65M | $91.50M | $75.33M | $63.19M | +63.9% |
| Basic EPS | 0.36 | 0.22 | 0.18 | 0.15 | 0.13 | +63.6% |
| Diluted EPS | 0.36 | 0.22 | 0.18 | 0.15 | 0.13 | +63.6% |
| EBIT | $192.85M | $120.31M | $102.19M | $90.47M | $78.97M | +60.3% |
| EBITDA | $240.92M | $169.65M | $154.27M | $141.55M | $128.60M | +42.0% |
| Basic shares | 498.57M | 498.18M | 498.24M | 498.37M | 498.75M | +0.1% |
| Diluted shares | 505.32M | 504.11M | 504.07M | 503.99M | 503.95M | +0.2% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $146.46M | $103.61M | $132.49M | $194.02M | $188.14M | +41.4% |
| Cash & short-term investments | $146.46M | $103.61M | $132.49M | $194.02M | $188.14M | +41.4% |
| Accounts receivable | $670.18M | $322.69M | $500.31M | $465.96M | $525.89M | +107.7% |
| Inventory | $85.68M | $69.03M | $78.23M | $82.31M | $92.29M | +24.1% |
| Total current assets | $1.13B | $843.95M | $863.85M | $890.42M | $901.25M | +34.4% |
| Property, plant & equipment | $2.31B | $2.50B | $2.53B | $2.59B | $2.59B | -7.7% |
| Goodwill & intangibles | $0 | $83.00K | $191.00K | $298.00K | $404.00K | -100.0% |
| Total assets | $4.03B | $3.81B | $3.57B | $3.67B | $3.70B | +5.7% |
| Total current liabilities | $708.12M | $571.91M | $569.50M | $738.42M | $724.49M | +23.8% |
| Current debt | $219.54M | $184.77M | $191.29M | $312.65M | $291.25M | +18.8% |
| Long-term debt | $734.40M | $863.35M | $555.79M | $238.95M | $270.92M | -14.9% |
| Total debt | $1.03B | $1.12B | $894.52M | $1.03B | $1.07B | -8.7% |
| Total liabilities | $1.49B | $1.48B | $1.24B | $1.37B | $1.42B | +0.4% |
| Retained earnings | $897.76M | $846.22M | $809.77M | $778.52M | $753.74M | +6.1% |
| Shareholder equity | $2.54B | $2.33B | $2.33B | $2.30B | $2.28B | +9.1% |
| Working capital | $426.50M | $272.04M | $294.35M | $152.00M | $176.77M | +56.8% |
| Net tangible assets | $2.54B | $2.33B | $2.33B | $2.30B | $2.28B | +9.1% |
| Shares issued | 499.84M | 512.56M | 497.99M | 512.56M | 512.56M | -2.5% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $179.73M | $109.65M | $91.50M | $75.33M | $63.19M | +63.9% |
| Depreciation & amortisation | $48.07M | $49.34M | $52.08M | $51.08M | $49.63M | -2.6% |
| Stock-based compensation | $802.00K | $849.00K | $849.00K | $843.00K | $664.00K | -5.5% |
| Change in working capital | -$73.84M | $6.17M | -$32.34M | $54.10M | $12.43M | -1,297.6% |
| Operating cash flow | $127.68M | $159.71M | $118.14M | $187.68M | $137.36M | -20.1% |
| Capital expenditure | -$20.79M | -$33.86M | -$44.00M | -$41.02M | -$27.32M | +38.6% |
| Investing cash flow | $111.47M | -$288.94M | -$14.06M | -$32.35M | -$28.36M | +138.6% |
| Share buybacks | $0 | $0 | $0 | $0 | -$27.66M | — |
| Dividends paid | -$88.05M | -$73.20M | -$60.26M | -$50.55M | -$14.63M | -20.3% |
| Financing cash flow | -$196.47M | $115.22M | -$210.80M | -$110.18M | -$124.41M | -270.5% |
| Free cash flow | $106.90M | $125.85M | $74.14M | $146.66M | $110.04M | -15.1% |
| End cash position | $235.26M | $192.57M | $206.59M | $313.31M | $268.16M | +22.2% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Mar 2026 | 2.90 | 2.71 | -6.4% |
| Dec 2025 | 1.93 | 2.25 | +16.2% |
| Sep 2025 | 2.01 | 1.80 | -10.4% |
| Jun 2025 | 1.49 | 1.51 | +1.5% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 5.06 | 3 | $394.75M | +65.0% |
| Next quarter | 2.97 | 3 | $316.47M | +24.6% |
| Current year | 12.72 | 5 | $1.26B | +28.1% |
| Next year | 5.93 | 5 | $877.43M | -30.6% |
Analyst targets & ownership
Mean target$83.40
High target$91.00
Low target$75.00
Implied upside9.31%
Analyst count5
ConsensusBUY
Strong buy / Buy0 / 2
Hold3
Sell / Strong sell0 / 0
Held by insiders46.06%
Held by institutions37.17%
Institutions holding258
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
72.99
+4.53% from price
SMA 20
72.54
+5.46% from price
SMA 50
71.38
+7.18% from price
SMA 100
74.19
+2.85% from price
SMA 200
68.30
+12.01% from price
EMA 12
73.35
+4.02% from price
EMA 26
72.61
+5.07% from price
EMA 50
72.38
+5.42% from price
RSI (14)
62.6
Neutral
MACD (12,26,9)
0.74
Hist 0.37
ATR (14)
2.21
2.89% of price
Realised vol 30D
27.5%
Annualised
Bollinger upper
75.32
20, 2σ
Bollinger lower
69.77
20, 2σ
50 / 200 cross
Golden
71.38 vs 68.30
Trend bias
Above 200
+12.01%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.20
Less volatile than market
Correlation to SPY
-0.08
Largely independent
Realised vol 30D
27.5%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-23.8%
Peak to trough
Max drawdown 5Y
-57.8%
Peak to trough
ATR 14
2.21
2.89% of price
Beta (reported)
-0.16
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 17, 24 | Jefferies | MAINTAINED | Buy | Buy |
| Nov 14, 24 | Jefferies | MAINTAINED | Buy | Buy |
| Apr 12, 24 | BTIG | INITIATED | — | Buy |
Dividends & splits
Forward rate$7.17 / yr
Forward yield9.37%
5-year avg yield—
Payout ratio60.63%
Ex-dividend dateJun 3, 2026
Next pay date—
Last split—
Split date—
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PRIVATE STRATEGY · BY QUALIFICATION
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