Copenhagen Airports AS (KBHL) — Working Capital to Net Assets Ratio
Copenhagen Airports AS (KBHL) has a Working Capital to Net Assets ratio of -74.8% as of March 2026. Working capital of Dkr-4.27 Billion (current assets of Dkr631.00 Million minus current liabilities of Dkr4.91 Billion) is measured against net assets of Dkr5.71 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Copenhagen Airports AS to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Copenhagen Airports AS Working Capital to Net Assets (2002–2025)
This chart shows how Copenhagen Airports AS's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at -74.8%, reflecting working capital of Dkr-4.27 Billion against net assets of Dkr5.71 Billion DKK. For the complete balance sheet picture, see KBHL asset base.
Annual Working Capital to Net Assets for Copenhagen Airports AS (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Copenhagen Airports AS 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. Check KBHL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -74.4% | Dkr-4.10 Billion | Dkr5.51 Billion | Dkr769.00 Million | Dkr4.87 Billion | ▼ -20.1 pp |
| 2024 | -54.3% | Dkr-2.40 Billion | Dkr4.42 Billion | Dkr676.00 Million | Dkr3.08 Billion | ▼ -22.8 pp |
| 2023 | -31.6% | Dkr-1.08 Billion | Dkr3.44 Billion | Dkr582.00 Million | Dkr1.67 Billion | ▲ +148.5 pp |
| 2022 | -180.1% | Dkr-6.01 Billion | Dkr3.34 Billion | Dkr722.00 Million | Dkr6.73 Billion | ▼ -167.9 pp |
| 2021 | -12.2% | Dkr-389.30 Million | Dkr3.20 Billion | Dkr664.90 Million | Dkr1.05 Billion | ▲ +21.5 pp |
| 2020 | -33.7% | Dkr-895.50 Million | Dkr2.66 Billion | Dkr276.20 Million | Dkr1.17 Billion | ▲ +59.3 pp |
| 2019 | -93.0% | Dkr-3.03 Billion | Dkr3.26 Billion | Dkr643.80 Million | Dkr3.67 Billion | ▼ -41.9 pp |
| 2018 | -51.1% | Dkr-1.58 Billion | Dkr3.09 Billion | Dkr699.70 Million | Dkr2.28 Billion | ▲ +14.6 pp |
| 2017 | -65.6% | Dkr-2.07 Billion | Dkr3.15 Billion | Dkr551.20 Million | Dkr2.62 Billion | ▼ -39.6 pp |
| 2016 | -26.0% | Dkr-791.00 Million | Dkr3.04 Billion | Dkr566.10 Million | Dkr1.36 Billion | ▼ -1.2 pp |
| 2015 | -24.9% | Dkr-743.60 Million | Dkr2.99 Billion | Dkr479.60 Million | Dkr1.22 Billion | ▲ +24.7 pp |
| 2014 | -49.6% | Dkr-1.41 Billion | Dkr2.85 Billion | Dkr462.70 Million | Dkr1.87 Billion | ▼ -30.0 pp |
| 2013 | -19.6% | Dkr-569.60 Million | Dkr2.90 Billion | Dkr405.40 Million | Dkr975.00 Million | ▼ -5.2 pp |
| 2012 | -14.5% | Dkr-521.70 Million | Dkr3.60 Billion | Dkr1.18 Billion | Dkr1.70 Billion | ▼ -13.3 pp |
| 2011 | -1.2% | Dkr-35.20 Million | Dkr2.92 Billion | Dkr690.10 Million | Dkr725.30 Million | ▼ -19.7 pp |
| 2010 | 18.5% | Dkr644.80 Million | Dkr3.48 Billion | Dkr1.31 Billion | Dkr665.50 Million | ▲ +12.9 pp |
| 2009 | 5.6% | Dkr179.90 Million | Dkr3.19 Billion | Dkr825.60 Million | Dkr645.70 Million | ▲ +44.9 pp |
| 2008 | -39.3% | Dkr-1.26 Billion | Dkr3.20 Billion | Dkr386.30 Million | Dkr1.64 Billion | ▼ -32.8 pp |
| 2007 | -6.5% | Dkr-244.20 Million | Dkr3.73 Billion | Dkr369.20 Million | Dkr613.40 Million | ▼ -5.3 pp |
| 2006 | -1.2% | Dkr-40.90 Million | Dkr3.44 Billion | Dkr520.80 Million | Dkr561.70 Million | ▲ +16.9 pp |
| 2005 | -18.1% | Dkr-618.80 Million | Dkr3.41 Billion | Dkr353.40 Million | Dkr972.20 Million | ▼ -13.9 pp |
| 2004 | -4.2% | Dkr-135.30 Million | Dkr3.23 Billion | Dkr577.00 Million | Dkr712.30 Million | ▼ -11.2 pp |
| 2003 | 7.0% | Dkr220.88 Million | Dkr3.14 Billion | Dkr827.32 Million | Dkr606.43 Million | ▲ +38.2 pp |
| 2002 | -31.2% | Dkr-1.01 Billion | Dkr3.23 Billion | Dkr362.57 Million | Dkr1.37 Billion | — |