H Lundbeck A/S (HLUN-A) — Tangible Net Worth Ratio
H Lundbeck A/S (HLUN-A) has a Tangible Net Worth Ratio of -15.5% as of December 2025. This metric is calculated by deducting intangible assets (Dkr28.77 Billion) from net assets (Dkr24.90 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 HLUN-A net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
H Lundbeck A/S Tangible Net Worth Ratio (2004–2025)
This chart shows how H Lundbeck A/S's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at -15.5%, reflecting net assets of Dkr24.90 Billion with intangible assets of Dkr28.77 Billion DKK. Also explore HLUN-A shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for H Lundbeck A/S (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for H Lundbeck A/S from 2004 to 2025, covering 22 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 market cap of H Lundbeck A/S.
| Year | Tangible NW Ratio | Net Assets (DKK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -15.5% | Dkr24.90 Billion | Dkr28.77 Billion | Dkr54.01 Billion | ▲ +5.8 pp |
| 2024 | -21.3% | Dkr25.01 Billion | Dkr30.34 Billion | Dkr56.98 Billion | ▼ -52.4 pp |
| 2023 | 31.1% | Dkr22.05 Billion | Dkr15.19 Billion | Dkr37.41 Billion | ▲ +12.1 pp |
| 2022 | 19.0% | Dkr20.78 Billion | Dkr16.83 Billion | Dkr37.45 Billion | ▲ +14.0 pp |
| 2021 | 5.0% | Dkr18.28 Billion | Dkr17.37 Billion | Dkr34.65 Billion | ▲ +10.4 pp |
| 2020 | -5.4% | Dkr16.97 Billion | Dkr17.89 Billion | Dkr36.03 Billion | ▲ +19.1 pp |
| 2019 | -24.5% | Dkr14.55 Billion | Dkr18.12 Billion | Dkr35.76 Billion | ▼ -98.4 pp |
| 2018 | 73.9% | Dkr14.25 Billion | Dkr3.72 Billion | Dkr23.01 Billion | ▲ +2.1 pp |
| 2017 | 71.8% | Dkr12.18 Billion | Dkr3.44 Billion | Dkr19.76 Billion | ▲ +15.5 pp |
| 2016 | 56.3% | Dkr9.69 Billion | Dkr4.24 Billion | Dkr20.21 Billion | ▲ +16.8 pp |
| 2015 | 39.5% | Dkr8.79 Billion | Dkr5.32 Billion | Dkr21.32 Billion | ▲ +3.0 pp |
| 2014 | 36.5% | Dkr13.53 Billion | Dkr8.59 Billion | Dkr25.64 Billion | ▼ -23.5 pp |
| 2013 | 60.0% | Dkr13.48 Billion | Dkr5.40 Billion | Dkr23.65 Billion | ▼ -0.6 pp |
| 2012 | 60.5% | Dkr13.20 Billion | Dkr5.21 Billion | Dkr21.56 Billion | ▲ +26.6 pp |
| 2011 | 33.9% | Dkr12.78 Billion | Dkr8.45 Billion | Dkr20.53 Billion | ▼ -28.2 pp |
| 2010 | 62.1% | Dkr11.12 Billion | Dkr4.22 Billion | Dkr18.00 Billion | ▲ +9.8 pp |
| 2009 | 52.2% | Dkr8.80 Billion | Dkr4.20 Billion | Dkr17.13 Billion | ▼ -35.0 pp |
| 2008 | 87.3% | Dkr7.59 Billion | Dkr967.30 Million | Dkr12.61 Billion | ▲ +13.6 pp |
| 2007 | 73.6% | Dkr7.18 Billion | Dkr1.89 Billion | Dkr12.33 Billion | ▼ 0.0 pp |
| 2006 | 73.7% | Dkr6.76 Billion | Dkr1.78 Billion | Dkr11.63 Billion | ▼ -4.0 pp |
| 2005 | 77.7% | Dkr7.49 Billion | Dkr1.67 Billion | Dkr11.63 Billion | ▼ -14.2 pp |
| 2004 | 91.9% | Dkr7.84 Billion | Dkr634.10 Million | Dkr11.51 Billion | — |