DSV Panalpina A/S (DSV) — Working Capital to Net Assets Ratio
DSV Panalpina A/S (DSV) has a Working Capital to Net Assets ratio of -3.5% as of December 2025. Working capital of Dkr-4.09 Billion (current assets of Dkr78.21 Billion minus current liabilities of Dkr82.29 Billion) is measured against net assets of Dkr117.69 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of DSV Panalpina A/S to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
DSV Panalpina A/S Working Capital to Net Assets (2002–2025)
This chart shows how DSV Panalpina A/S's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at -3.5%, reflecting working capital of Dkr-4.09 Billion against net assets of Dkr117.69 Billion DKK. See DSV days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for DSV Panalpina A/S (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for DSV Panalpina A/S from 2002 to 2025, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see DSV market cap overview.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -3.5% | Dkr-4.09 Billion | Dkr117.69 Billion | Dkr78.21 Billion | Dkr82.29 Billion | ▼ -79.7 pp |
| 2024 | 76.2% | Dkr87.30 Billion | Dkr114.50 Billion | Dkr126.51 Billion | Dkr39.21 Billion | ▲ +70.4 pp |
| 2023 | 5.9% | Dkr4.04 Billion | Dkr68.97 Billion | Dkr42.37 Billion | Dkr38.34 Billion | ▼ -4.8 pp |
| 2022 | 10.7% | Dkr7.67 Billion | Dkr71.74 Billion | Dkr54.44 Billion | Dkr46.77 Billion | ▲ +3.4 pp |
| 2021 | 7.3% | Dkr5.41 Billion | Dkr74.28 Billion | Dkr58.82 Billion | Dkr53.41 Billion | ▲ +4.2 pp |
| 2020 | 3.0% | Dkr1.44 Billion | Dkr47.30 Billion | Dkr30.55 Billion | Dkr29.11 Billion | ▲ +5.3 pp |
| 2019 | -2.2% | Dkr-1.10 Billion | Dkr49.32 Billion | Dkr28.22 Billion | Dkr29.32 Billion | ▼ -19.3 pp |
| 2018 | 17.1% | Dkr2.48 Billion | Dkr14.53 Billion | Dkr18.44 Billion | Dkr15.96 Billion | ▼ -3.1 pp |
| 2017 | 20.2% | Dkr2.99 Billion | Dkr14.81 Billion | Dkr18.16 Billion | Dkr15.18 Billion | ▲ +0.1 pp |
| 2016 | 20.1% | Dkr2.69 Billion | Dkr13.38 Billion | Dkr18.44 Billion | Dkr15.75 Billion | ▼ -21.0 pp |
| 2015 | 41.0% | Dkr4.86 Billion | Dkr11.84 Billion | Dkr14.53 Billion | Dkr9.67 Billion | ▲ +38.6 pp |
| 2014 | 2.4% | Dkr148.00 Million | Dkr6.08 Billion | Dkr10.04 Billion | Dkr9.89 Billion | ▼ -8.4 pp |
| 2013 | 10.9% | Dkr678.00 Million | Dkr6.25 Billion | Dkr9.66 Billion | Dkr8.98 Billion | ▲ +12.0 pp |
| 2012 | -1.2% | Dkr-64.00 Million | Dkr5.38 Billion | Dkr9.25 Billion | Dkr9.31 Billion | ▲ +8.1 pp |
| 2011 | -9.3% | Dkr-493.00 Million | Dkr5.31 Billion | Dkr8.95 Billion | Dkr9.44 Billion | ▼ -6.9 pp |
| 2010 | -2.4% | Dkr-160.00 Million | Dkr6.58 Billion | Dkr8.94 Billion | Dkr9.10 Billion | ▼ -0.3 pp |
| 2009 | -2.1% | Dkr-118.00 Million | Dkr5.53 Billion | Dkr8.00 Billion | Dkr8.12 Billion | ▲ +33.3 pp |
| 2008 | -35.4% | Dkr-1.38 Billion | Dkr3.91 Billion | Dkr9.78 Billion | Dkr11.17 Billion | ▼ -37.3 pp |
| 2007 | 1.9% | Dkr70.00 Million | Dkr3.65 Billion | Dkr6.94 Billion | Dkr6.87 Billion | ▼ -10.9 pp |
| 2006 | 12.8% | Dkr491.00 Million | Dkr3.84 Billion | Dkr6.97 Billion | Dkr6.48 Billion | ▲ +8.7 pp |
| 2005 | 4.0% | Dkr134.00 Million | Dkr3.32 Billion | Dkr4.80 Billion | Dkr4.66 Billion | ▲ +19.0 pp |
| 2004 | -14.9% | Dkr-477.00 Million | Dkr3.19 Billion | Dkr3.40 Billion | Dkr3.87 Billion | ▲ +1.2 pp |
| 2003 | -16.2% | Dkr-401.00 Million | Dkr2.48 Billion | Dkr3.27 Billion | Dkr3.67 Billion | ▼ -10.7 pp |
| 2002 | -5.5% | Dkr-125.00 Million | Dkr2.26 Billion | Dkr3.75 Billion | Dkr3.87 Billion | — |