DSV Panalpina A/S (DSV) — Tangible Net Worth Ratio

Latest as of December 2025: 97.0%

DSV Panalpina A/S (DSV) has a Tangible Net Worth Ratio of 97.0% as of December 2025. This metric is calculated by deducting intangible assets (Dkr3.51 Billion) from net assets (Dkr117.69 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See DSV current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.0%
Tangible equity / total equity

Net Assets (Equity)

Dkr117.69 Billion
DKK

Intangible Assets

Dkr3.51 Billion
Goodwill, patents, brand value

Total Assets

Dkr290.37 Billion
DKK

DSV Panalpina A/S Tangible Net Worth Ratio (2000–2025)

This chart shows how DSV Panalpina A/S's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 97.0%, reflecting net assets of Dkr117.69 Billion with intangible assets of Dkr3.51 Billion DKK. See DSV Panalpina A/S defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for DSV Panalpina A/S (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for DSV Panalpina A/S from 2000 to 2025, covering 26 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see DSV company net worth.

Year Tangible NW Ratio Net Assets (DKK) Intangible Assets Total Assets Change (pp)
2025 97.0% Dkr117.69 Billion Dkr3.51 Billion Dkr290.37 Billion ▼ -1.9 pp
2024 98.9% Dkr114.50 Billion Dkr1.23 Billion Dkr236.54 Billion ▲ +0.9 pp
2023 98.1% Dkr68.97 Billion Dkr1.33 Billion Dkr147.11 Billion ▼ 0.0 pp
2022 98.1% Dkr71.74 Billion Dkr1.38 Billion Dkr159.04 Billion ▲ +0.2 pp
2021 97.8% Dkr74.28 Billion Dkr1.60 Billion Dkr161.40 Billion ▲ +0.4 pp
2020 97.5% Dkr47.30 Billion Dkr1.19 Billion Dkr96.25 Billion ▲ +1.0 pp
2019 96.5% Dkr49.32 Billion Dkr1.74 Billion Dkr97.56 Billion ▲ +5.0 pp
2018 91.5% Dkr14.53 Billion Dkr1.23 Billion Dkr38.81 Billion ▼ -1.0 pp
2017 92.5% Dkr14.81 Billion Dkr1.11 Billion Dkr38.39 Billion ▲ +0.9 pp
2016 91.6% Dkr13.38 Billion Dkr1.13 Billion Dkr40.37 Billion ▼ -0.1 pp
2015 91.7% Dkr11.84 Billion Dkr986.00 Million Dkr27.73 Billion ▲ +7.2 pp
2014 84.4% Dkr6.08 Billion Dkr946.00 Million Dkr23.68 Billion ▼ -0.3 pp
2013 84.7% Dkr6.25 Billion Dkr954.00 Million Dkr23.10 Billion ▲ +2.3 pp
2012 82.5% Dkr5.38 Billion Dkr945.00 Million Dkr22.79 Billion ▲ +146.0 pp
2011 -63.6% Dkr5.31 Billion Dkr8.68 Billion Dkr22.73 Billion ▼ -30.3 pp
2010 -33.2% Dkr6.58 Billion Dkr8.77 Billion Dkr23.09 Billion ▲ +24.5 pp
2009 -57.7% Dkr5.53 Billion Dkr8.72 Billion Dkr22.18 Billion ▲ +58.3 pp
2008 -116.0% Dkr3.91 Billion Dkr8.44 Billion Dkr23.73 Billion ▼ -197.3 pp
2007 81.4% Dkr3.65 Billion Dkr680.00 Million Dkr16.30 Billion ▼ -1.1 pp
2006 82.5% Dkr3.84 Billion Dkr674.00 Million Dkr16.06 Billion ▼ -10.2 pp
2005 92.6% Dkr3.32 Billion Dkr245.00 Million Dkr10.45 Billion ▼ -2.7 pp
2004 95.3% Dkr3.19 Billion Dkr149.00 Million Dkr8.02 Billion ▼ -1.9 pp
2003 97.2% Dkr2.48 Billion Dkr69.00 Million Dkr8.03 Billion ▼ -1.0 pp
2002 98.2% Dkr2.26 Billion Dkr40.00 Million Dkr8.69 Billion ▲ +125.6 pp
2001 -27.4% Dkr2.09 Billion Dkr2.67 Billion Dkr9.63 Billion ▼ -115.7 pp
2000 88.4% Dkr647.43 Million Dkr75.31 Million Dkr1.82 Billion
pp = percentage points