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Condensed Financial Information of DHT Holdings, Inc. (parent company only) (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information of DHT Holdings, Inc. (parent company only) [Abstract] |
Condensed Statement of Financial Position | Condensed Statement of Financial Position
|  | December 31, |  |  | December 31, |
(Dollars in thousands) |  | 2024 |  |  | 2023 |
ASSETS |  |  |  |  |  |
Current assets |  |  |  |  |  |
Cash and cash equivalents |  | $ | 18,573 |  |  | $ | 8,912 |
Accounts receivable and prepaid expenses |  |  | 580 |  |  |  | 644 |
Amounts due from related parties |  |  | 89,976 |  |  |  | 49,368 |
Total current assets |  | $ | 109,129 |  |  | $ | 58,924 |
Investments in subsidiaries |  | $ | 757,671 |  |  | $ | 722,671 |
Total non-current assets |  | $ | 757,671 |  |  | $ | 722,671 |
Total assets |  | $ | 866,800 |  |  | $ | 781,595 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Current liabilities |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 324 |  |  | $ | 1,059 |
Total current liabilities |  | $ | 324 |  |  | $ | 1,059 |
Stockholders’ equity |  |  |  |  |  |  |  |
Stock |  | $ | 1,600 |  |  | $ | 1,610 |
Paid-in additional capital |  |  | 1,170,915 |  |  |  | 1,180,315 |
Accumulated deficit |  |  | (306,039 | ) |  |  | (401,389 | )
Total stockholders’ equity |  | $ | 866,476 |  |  | $ | 780,536 |
Total liabilities and stockholders’ equity |  | $ | 866,800 |  |  | $ | 781,595 |
Condensed Income Statement | Condensed Income Statement
|  | Year ended |  |  | Year ended |  |  | Year ended |
|  | December 31, |  |  | December 31, |  |  | December 31, |
(Dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Impairment charge |  | $ | (999 | ) |  | $ | (699 | ) |  | $ | (1,234 | )
Dividend income |  |  | 275,400 |  |  |  | 119,514 |  |  |  | 77,820 |
General and administrative expense |  |  | (18,566 | ) |  |  | (17,651 | ) |  |  | (17,704 | )
Operating income/(loss) |  | $ | 255,835 |  |  | $ | 101,164 |  |  | $ | 58,881 |
Interest income |  | $ | 938 |  |  | $ | 9,114 |  |  | $ | 18,823 |
Other financial (expense)/income |  |  | (27 | ) |  |  | (72 | ) |  |  | (141 | )
Profit/(loss) for the year |  | $ | 256,746 |  |  | $ | 110,206 |  |  | $ | 77,563 |
Condensed Statement of Comprehensive Income | Condensed Statement of Comprehensive Income
|  | Year ended |  |  | Year ended |  |  | Year ended |
|  | December 31, |  |  | December 31, |  |  | December 31, |
(Dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Profit/(loss) for the year |  | $ | 256,746 |  |  | $ | 110,206 |  |  | $ | 77,563 |
Total comprehensive income/(loss) for the period |  | $ | 256,746 |  |  | $ | 110,206 |  |  | $ | 77,563 |
Attributable to the owners |  | $ | 256,746 |  |  | $ | 110,206 |  |  | $ | 77,563 |
Condensed Statement of Cash Flow | Condensed Statement of Cash Flow
|  | Year ended |  |  | Year ended |  |  | Year ended |
|  | December 31, |  |  | December 31, |  |  | December 31, |
(Dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Cash flows from operating activities |  |  |  |  |  |  |  |  |
Profit/(loss) for the year |  | $ | 256,746 |  |  | $ | 110,206 |  |  | $ | 77,563 |
Items included in net income not affecting cash flows: |  |  |  |  |  |  |  |  |  |  |  |
Impairment charge |  |  | 999 |  |  |  | 699 |  |  |  | 1,234 |
Compensation related to options and restricted stock |  |  | 2,786 |  |  |  | 2,168 |  |  |  | 3,013 |
Changes in operating assets and liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivable and prepaid expenses |  |  | 64 |  |  |  | 105 |  |  |  | (675 | )
Accounts payable and accrued expenses |  |  | (735 | ) |  |  | 858 |  |  |  | (246 | )
Amounts due to related parties |  |  | (75,608 | ) |  |  | 10,574 |  |  |  | (69,740 | )
Net cash provided by operating activities |  | $ | 184,252 |  |  | $ | 124,611 |  |  | $ | 11,150 |
Cash flows from investing activities |  |  |  |  |  |  |  |  |  |  |  |
Investments in subsidiaries |  | $ | - |  |  | $ | - |  |  | $ | (395 | )
Loan to subsidiaries |  | $ | - |  |  | $ | 60,180 |  |  | $ | 47,744 |
Net cash provided by investing activities |  | $ | - |  |  | $ | 60,180 |  |  | $ | 47,349 |
Cash flows from financing activities |  |  |  |  |  |  |  |  |  |  |  |
Cash dividends paid |  | $ | (161,396 | ) |  | $ | (186,672 | ) |  | $ | (19,679 | )
Purchase of treasury shares |  |  | (13,196 | ) |  |  | (18,808 | ) |  |  | (24,758 | )
Net cash used in financing activities |  | $ | (174,591 | ) |  | $ | (205,480 | ) |  | $ | (44,436 | )
Net increase/(decrease) in cash and cash equivalents |  | $ | 9,661 |  |  | $ | (20,689 | ) |  | $ | 14,062 |
Cash and cash equivalents at beginning of period |  |  | 8,912 |  |  |  | 29,601 |  |  |  | 15,539 |
Cash and cash equivalents at end of period |  | $ | 18,573 |  |  | $ | 8,912 |  |  | $ | 29,601 |
Profit/(Loss) Reconciliation | Profit/(loss) reconciliation
| Year ended |  | Year ended |  | Year ended |
| December 31, |  | December 31, |  | December 31, |
(Dollars in thousands) | 2024 |  | 2023 |  | 2022 |
Profit/(loss) of the parent company only under cost method of accounting |  | $ | 256,746 |  |  | $ | 110,206 |  |  | $ | 77,563 |
Additional profit/(loss) if subsidiaries had been accounted for using equity method of accounting as opposed to cost method of accounting |  |  | (75,356 | ) |  |  | 50,716 |  |  |  | (16,107 | )
Profit/(loss) of the parent company only under equity method of accounting |  | $ | 181,390 |  |  | $ | 160,922 |  |  | $ | 61,456 |
Equity Reconciliation | Equity reconciliation
|  | December 31, |  |  | December 31, |  |  | December 31, |
(Dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Equity of the parent company only under cost method of accounting |  | $ | 866,476 |  |  | $ | 780,536 |  |  | $ | 872,943 |
Additional profit if subsidiaries had been accounted for using equity method of accounting as opposed to cost method of accounting |  |  | 269,861 |  |  |  | 345,217 |  |  |  | 294,501 |
Equity of the parent company only under equity method of accounting |  | $ | 1,136,337 |  |  | $ | 1,125,753 |  |  | $ | 1,167,444 |

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