Per Aarsleff Holding A/S (PAAL-B) — Tangible Net Worth Ratio
Per Aarsleff Holding A/S (PAAL-B) has a Tangible Net Worth Ratio of 93.5% as of December 2025. This metric is calculated by deducting intangible assets (Dkr369.00 Million) from net assets (Dkr5.71 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 PAAL-B working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Per Aarsleff Holding A/S Tangible Net Worth Ratio (2004–2025)
This chart shows how Per Aarsleff Holding 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 93.5%, reflecting net assets of Dkr5.71 Billion with intangible assets of Dkr369.00 Million DKK. See PAAL-B cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Per Aarsleff Holding A/S (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Per Aarsleff Holding 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 Per Aarsleff Holding A/S market capitalisation.
| Year | Tangible NW Ratio | Net Assets (DKK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.0% | Dkr5.56 Billion | Dkr334.00 Million | Dkr15.78 Billion | ▼ -0.8 pp |
| 2024 | 94.8% | Dkr5.00 Billion | Dkr259.00 Million | Dkr14.07 Billion | ▲ +0.8 pp |
| 2023 | 94.0% | Dkr4.40 Billion | Dkr264.00 Million | Dkr13.38 Billion | ▲ +1.2 pp |
| 2022 | 92.8% | Dkr3.85 Billion | Dkr277.00 Million | Dkr11.74 Billion | ▼ -2.9 pp |
| 2021 | 95.7% | Dkr3.66 Billion | Dkr156.00 Million | Dkr8.92 Billion | ▼ -1.6 pp |
| 2020 | 97.4% | Dkr3.31 Billion | Dkr87.08 Million | Dkr8.59 Billion | ▲ +0.4 pp |
| 2019 | 97.0% | Dkr3.11 Billion | Dkr93.47 Million | Dkr8.17 Billion | ▲ +0.9 pp |
| 2018 | 96.1% | Dkr2.90 Billion | Dkr114.03 Million | Dkr7.85 Billion | ▲ +0.8 pp |
| 2017 | 95.3% | Dkr2.70 Billion | Dkr127.37 Million | Dkr7.03 Billion | ▼ -1.2 pp |
| 2016 | 96.5% | Dkr2.50 Billion | Dkr88.16 Million | Dkr6.53 Billion | ▼ -2.2 pp |
| 2015 | 98.6% | Dkr2.27 Billion | Dkr30.80 Million | Dkr5.99 Billion | ▼ -0.5 pp |
| 2014 | 99.1% | Dkr1.95 Billion | Dkr17.63 Million | Dkr4.96 Billion | ▲ +0.5 pp |
| 2013 | 98.6% | Dkr1.72 Billion | Dkr23.78 Million | Dkr4.54 Billion | ▼ -0.8 pp |
| 2012 | 99.4% | Dkr1.59 Billion | Dkr10.00 Million | Dkr4.24 Billion | ▲ +0.7 pp |
| 2011 | 98.6% | Dkr1.47 Billion | Dkr20.23 Million | Dkr4.37 Billion | ▼ -0.8 pp |
| 2010 | 99.5% | Dkr1.40 Billion | Dkr7.39 Million | Dkr3.51 Billion | ▲ +0.0 pp |
| 2009 | 99.5% | Dkr1.35 Billion | Dkr7.40 Million | Dkr3.16 Billion | ▲ +0.2 pp |
| 2008 | 99.2% | Dkr1.25 Billion | Dkr9.97 Million | Dkr3.22 Billion | ▼ -0.2 pp |
| 2007 | 99.4% | Dkr1.05 Billion | Dkr5.88 Million | Dkr2.73 Billion | ▲ +0.1 pp |
| 2006 | 99.3% | Dkr912.14 Million | Dkr6.36 Million | Dkr2.44 Billion | ▼ -0.2 pp |
| 2005 | 99.6% | Dkr832.52 Million | Dkr3.73 Million | Dkr1.99 Billion | ▼ -0.3 pp |
| 2004 | 99.9% | Dkr772.16 Million | Dkr795.00K | Dkr1.86 Billion | — |