First Farms A/S (FFARMS) — Working Capital to Net Assets Ratio
First Farms A/S (FFARMS) has a Working Capital to Net Assets ratio of 20.6% as of September 2025. Working capital of Dkr187.77 Million (current assets of Dkr364.68 Million minus current liabilities of Dkr176.90 Million) is measured against net assets of Dkr912.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See First Farms A/S balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
First Farms A/S Working Capital to Net Assets (2006–2024)
This chart shows how First Farms A/S's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 20.6%, reflecting working capital of Dkr187.77 Million against net assets of Dkr912.85 Million DKK. Check First Farms A/S tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for First Farms A/S (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for First Farms A/S from 2006 to 2024, covering 19 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 FFARMS market cap.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 32.5% | Dkr266.62 Million | Dkr819.15 Million | Dkr413.54 Million | Dkr146.93 Million | ▲ +11.8 pp |
| 2023 | 20.8% | Dkr149.92 Million | Dkr722.20 Million | Dkr282.37 Million | Dkr132.46 Million | ▲ +15.1 pp |
| 2022 | 5.7% | Dkr38.74 Million | Dkr683.06 Million | Dkr292.82 Million | Dkr254.08 Million | ▲ +1.3 pp |
| 2021 | 4.4% | Dkr23.15 Million | Dkr530.13 Million | Dkr263.84 Million | Dkr240.69 Million | ▲ +6.3 pp |
| 2020 | -2.0% | Dkr-9.46 Million | Dkr483.48 Million | Dkr187.89 Million | Dkr197.34 Million | ▲ +4.1 pp |
| 2019 | -6.1% | Dkr-23.87 Million | Dkr392.31 Million | Dkr222.84 Million | Dkr246.72 Million | ▼ -23.2 pp |
| 2018 | 17.2% | Dkr63.50 Million | Dkr370.12 Million | Dkr178.04 Million | Dkr114.54 Million | ▲ +8.6 pp |
| 2017 | 8.6% | Dkr27.09 Million | Dkr315.07 Million | Dkr141.43 Million | Dkr114.33 Million | ▲ +11.5 pp |
| 2016 | -2.9% | Dkr-8.52 Million | Dkr292.82 Million | Dkr119.11 Million | Dkr127.63 Million | ▲ +5.6 pp |
| 2015 | -8.5% | Dkr-25.94 Million | Dkr306.17 Million | Dkr123.69 Million | Dkr149.64 Million | ▼ -18.2 pp |
| 2014 | 9.8% | Dkr32.13 Million | Dkr328.73 Million | Dkr112.26 Million | Dkr80.13 Million | ▲ +3.6 pp |
| 2013 | 6.1% | Dkr19.68 Million | Dkr320.82 Million | Dkr96.80 Million | Dkr77.12 Million | ▲ +14.8 pp |
| 2012 | -8.7% | Dkr-27.66 Million | Dkr318.41 Million | Dkr78.25 Million | Dkr105.91 Million | ▼ -6.2 pp |
| 2011 | -2.5% | Dkr-8.79 Million | Dkr348.00 Million | Dkr95.79 Million | Dkr104.58 Million | ▲ +3.5 pp |
| 2010 | -6.0% | Dkr-20.58 Million | Dkr340.88 Million | Dkr80.75 Million | Dkr101.33 Million | ▼ -16.0 pp |
| 2009 | 10.0% | Dkr35.13 Million | Dkr352.09 Million | Dkr127.01 Million | Dkr91.88 Million | ▲ +1.3 pp |
| 2008 | 8.7% | Dkr34.40 Million | Dkr394.79 Million | Dkr128.13 Million | Dkr93.73 Million | ▼ -42.3 pp |
| 2007 | 51.0% | Dkr216.86 Million | Dkr425.10 Million | Dkr267.64 Million | Dkr50.79 Million | ▼ -27.2 pp |
| 2006 | 78.3% | Dkr331.35 Million | Dkr423.44 Million | Dkr403.07 Million | Dkr71.72 Million | — |