Royal Unibrew A/S (RBREW) — Tangible Net Worth Ratio

Latest as of March 2026: 34.7%

Royal Unibrew A/S (RBREW) has a Tangible Net Worth Ratio of 34.7% as of March 2026. This metric is calculated by deducting intangible assets (Dkr4.51 Billion) from net assets (Dkr6.91 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 Royal Unibrew A/S working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

34.7%
Tangible equity / total equity

Net Assets (Equity)

Dkr6.91 Billion
DKK

Intangible Assets

Dkr4.51 Billion
Goodwill, patents, brand value

Total Assets

Dkr18.82 Billion
DKK

Royal Unibrew A/S Tangible Net Worth Ratio (1998–2025)

This chart shows how Royal Unibrew A/S's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 34.7%, reflecting net assets of Dkr6.91 Billion with intangible assets of Dkr4.51 Billion DKK. See how many days can Royal Unibrew A/S fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Royal Unibrew A/S (1998–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Royal Unibrew A/S from 1998 to 2025, covering 28 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 Royal Unibrew A/S market cap and net worth.

Year Tangible NW Ratio Net Assets (DKK) Intangible Assets Total Assets Change (pp)
2025 33.2% Dkr6.71 Billion Dkr4.49 Billion Dkr18.27 Billion ▲ +1.3 pp
2024 31.9% Dkr6.41 Billion Dkr4.36 Billion Dkr17.89 Billion ▲ +5.9 pp
2023 26.0% Dkr5.75 Billion Dkr4.25 Billion Dkr17.78 Billion ▼ -4.7 pp
2022 30.7% Dkr5.16 Billion Dkr3.57 Billion Dkr14.47 Billion ▲ +15.4 pp
2021 15.3% Dkr3.34 Billion Dkr2.83 Billion Dkr10.91 Billion ▼ -20.9 pp
2020 36.2% Dkr3.33 Billion Dkr2.12 Billion Dkr8.31 Billion ▲ +6.4 pp
2019 29.8% Dkr3.11 Billion Dkr2.18 Billion Dkr8.49 Billion ▼ -2.0 pp
2018 31.8% Dkr2.91 Billion Dkr1.98 Billion Dkr8.06 Billion ▼ -18.1 pp
2017 49.9% Dkr2.81 Billion Dkr1.41 Billion Dkr6.78 Billion ▼ -0.9 pp
2016 50.7% Dkr2.91 Billion Dkr1.43 Billion Dkr6.08 Billion ▲ +0.6 pp
2015 50.1% Dkr2.93 Billion Dkr1.46 Billion Dkr6.75 Billion ▲ +2.9 pp
2014 47.2% Dkr2.82 Billion Dkr1.49 Billion Dkr7.02 Billion ▲ +18.1 pp
2013 29.0% Dkr2.13 Billion Dkr1.51 Billion Dkr6.92 Billion ▼ -61.6 pp
2012 90.7% Dkr1.35 Billion Dkr125.74 Million Dkr2.85 Billion ▲ +0.3 pp
2011 90.4% Dkr1.32 Billion Dkr127.36 Million Dkr2.89 Billion ▲ +21.8 pp
2010 68.6% Dkr1.28 Billion Dkr402.14 Million Dkr3.06 Billion ▼ -14.7 pp
2009 83.3% Dkr995.11 Million Dkr166.19 Million Dkr3.49 Billion ▲ +12.5 pp
2008 70.8% Dkr574.83 Million Dkr167.88 Million Dkr4.05 Billion ▲ +40.0 pp
2007 30.8% Dkr1.12 Billion Dkr774.74 Million Dkr3.78 Billion ▼ -25.0 pp
2006 55.8% Dkr1.15 Billion Dkr507.49 Million Dkr3.41 Billion ▼ -3.4 pp
2005 59.2% Dkr1.17 Billion Dkr478.19 Million Dkr3.22 Billion ▼ -8.0 pp
2004 67.1% Dkr1.09 Billion Dkr356.80 Million Dkr2.54 Billion ▼ -7.3 pp
2003 74.5% Dkr1.01 Billion Dkr257.13 Million Dkr2.45 Billion ▼ -1.3 pp
2002 75.8% Dkr1.04 Billion Dkr250.58 Million Dkr2.51 Billion ▼ -24.2 pp
2001 100.0% Dkr690.30 Million Dkr0.00 Dkr2.44 Billion ▲ +0.0 pp
2000 100.0% Dkr733.08 Million Dkr0.00 Dkr2.41 Billion ▲ +0.0 pp
1999 100.0% Dkr687.12 Million Dkr0.00 Dkr1.94 Billion ▲ +0.0 pp
1998 100.0% Dkr587.72 Million Dkr0.00 Dkr1.73 Billion
pp = percentage points