Copenhagen Airports AS (KBHL) — Working Capital to Net Assets Ratio
Copenhagen Airports AS (KBHL) has a Working Capital to Net Assets ratio of -74.4% as of December 2025. Working capital of Dkr-4.10 Billion (current assets of Dkr769.00 Million minus current liabilities of Dkr4.87 Billion) is measured against net assets of Dkr5.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Copenhagen Airports AS net asset quality index to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at -74.4%, reflecting working capital of Dkr-4.10 Billion against net assets of Dkr5.51 Billion DKK. Check Copenhagen Airports AS tangible equity quality to evaluate the tangible quality of the company's equity 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. For live market cap and the full company profile, see KBHL company net worth.
| 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 | — |