CARLSBERG B DK20 ADR 1/5 (CBGC) — Tangible Net Worth Ratio
CARLSBERG B DK20 ADR 1/5 (CBGC) has a Tangible Net Worth Ratio of 22.1% as of December 2025. This metric is calculated by deducting intangible assets (€23.91 Billion) from net assets (€30.68 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. Also explore CARLSBERG B DK20 ADR 1/5 annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
CARLSBERG B DK20 ADR 1/5 Tangible Net Worth Ratio (2022–2025)
This chart shows how CARLSBERG B DK20 ADR 1/5's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 22.1%, reflecting net assets of €30.68 Billion with intangible assets of €23.91 Billion EUR. For live market cap and overall valuation, see CBGC market cap overview.
Annual Tangible Net Worth Ratio for CARLSBERG B DK20 ADR 1/5 (2022–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for CARLSBERG B DK20 ADR 1/5 from 2022 to 2025, covering 4 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. Explore CARLSBERG B DK20 ADR 1/5 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 22.1% | €30.68 Billion | €23.91 Billion | €153.96 Billion | ▼ -42.3 pp |
| 2024 | 64.3% | €30.61 Billion | €10.92 Billion | €113.99 Billion | ▲ +6.2 pp |
| 2023 | 58.1% | €25.75 Billion | €10.79 Billion | €111.83 Billion | ▼ -10.9 pp |
| 2022 | 69.0% | €34.72 Billion | €10.77 Billion | €115.34 Billion | — |