Per Aarsleff Holding A/S (PAAL-B) — Capital Reinvestment Ratio
Per Aarsleff Holding A/S (PAAL-B) has a Capital Reinvestment Ratio of 0.89x as of December 2025, meaning it reinvests 1% of its operating cash flow (Dkr158.00 Million) in capital expenditures (Dkr140.00 Million). Check Per Aarsleff Holding A/S tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Per Aarsleff Holding A/S Capital Reinvestment Ratio (2004–2025)
This chart tracks Per Aarsleff Holding A/S's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Per Aarsleff Holding A/S.
Annual Capital Reinvestment Ratio for Per Aarsleff Holding A/S (2004–2025)
Year-by-year Capital Reinvestment Ratio for Per Aarsleff Holding A/S from 2004 to 2025. See PAAL-B free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (DKK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.30x | Dkr2.79 Billion | Dkr849.00 Million | ▼ -28.7% |
| 2024 | 0.43x | Dkr1.98 Billion | Dkr846.00 Million | ▼ -49.0% |
| 2023 | 0.84x | Dkr1.10 Billion | Dkr922.00 Million | ▼ -51.8% |
| 2022 | 1.74x | Dkr516.00 Million | Dkr896.00 Million | ▲ +10.1% |
| 2021 | 1.58x | Dkr471.00 Million | Dkr743.00 Million | ▲ +372.2% |
| 2020 | 0.33x | Dkr1.59 Billion | Dkr532.61 Million | ▼ -33.8% |
| 2019 | 0.50x | Dkr940.20 Million | Dkr474.21 Million | ▼ -18.9% |
| 2018 | 0.62x | Dkr764.94 Million | Dkr475.62 Million | ▼ -45.2% |
| 2017 | 1.13x | Dkr492.51 Million | Dkr558.49 Million | ▼ -25.3% |
| 2016 | 1.52x | Dkr430.06 Million | Dkr652.76 Million | ▲ +308.5% |
| 2015 | 0.37x | Dkr1.12 Billion | Dkr417.73 Million | ▼ -24.7% |
| 2014 | 0.49x | Dkr611.20 Million | Dkr301.46 Million | ▼ -93.6% |
| 2013 | 7.69x | Dkr40.95 Million | Dkr314.74 Million | ▲ +818.6% |
| 2012 | 0.84x | Dkr374.58 Million | Dkr313.43 Million | ▼ -6.8% |
| 2011 | 0.90x | Dkr330.60 Million | Dkr296.85 Million | ▼ -30.5% |
| 2010 | 1.29x | Dkr229.15 Million | Dkr295.97 Million | ▲ +80.1% |
| 2009 | 0.72x | Dkr464.52 Million | Dkr333.11 Million | ▼ -24.3% |
| 2008 | 0.95x | Dkr390.21 Million | Dkr369.74 Million | ▼ -18.6% |
| 2007 | 1.16x | Dkr239.85 Million | Dkr279.04 Million | ▼ -39.2% |
| 2006 | 1.91x | Dkr114.84 Million | Dkr219.67 Million | ▲ +74.7% |
| 2005 | 1.09x | Dkr168.18 Million | Dkr184.11 Million | ▼ -2.3% |
| 2004 | 1.12x | Dkr129.05 Million | Dkr144.58 Million | — |