Solar A/S (SOLAR-B) — Working Capital to Net Assets Ratio
Solar A/S (SOLAR-B) has a Working Capital to Net Assets ratio of 31.2% as of December 2025. Working capital of Dkr623.00 Million (current assets of Dkr3.81 Billion minus current liabilities of Dkr3.19 Billion) is measured against net assets of Dkr2.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Solar A/S defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Solar A/S Working Capital to Net Assets (2005–2025)
This chart shows how Solar A/S's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 31.2%, reflecting working capital of Dkr623.00 Million against net assets of Dkr2.00 Billion DKK. For the complete balance sheet picture, see balance sheet size of Solar A/S.
Annual Working Capital to Net Assets for Solar A/S (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Solar A/S from 2005 to 2025, covering 21 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 how resilient are Solar A/S's assets 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 | 31.2% | Dkr623.00 Million | Dkr2.00 Billion | Dkr3.81 Billion | Dkr3.19 Billion | ▼ -14.3 pp |
| 2024 | 45.5% | Dkr852.00 Million | Dkr1.87 Billion | Dkr4.21 Billion | Dkr3.36 Billion | ▼ -4.8 pp |
| 2023 | 50.3% | Dkr997.00 Million | Dkr1.98 Billion | Dkr4.22 Billion | Dkr3.22 Billion | ▼ -5.4 pp |
| 2022 | 55.7% | Dkr1.08 Billion | Dkr1.93 Billion | Dkr4.34 Billion | Dkr3.26 Billion | ▲ +5.9 pp |
| 2021 | 49.8% | Dkr972.00 Million | Dkr1.95 Billion | Dkr3.89 Billion | Dkr2.92 Billion | ▼ -0.6 pp |
| 2020 | 50.4% | Dkr855.00 Million | Dkr1.70 Billion | Dkr3.27 Billion | Dkr2.41 Billion | ▲ +29.1 pp |
| 2019 | 21.3% | Dkr339.00 Million | Dkr1.59 Billion | Dkr3.23 Billion | Dkr2.90 Billion | ▼ -19.3 pp |
| 2018 | 40.6% | Dkr665.00 Million | Dkr1.64 Billion | Dkr3.12 Billion | Dkr2.45 Billion | ▲ +1.3 pp |
| 2017 | 39.3% | Dkr626.00 Million | Dkr1.59 Billion | Dkr3.19 Billion | Dkr2.57 Billion | ▲ +0.1 pp |
| 2016 | 39.3% | Dkr661.00 Million | Dkr1.68 Billion | Dkr3.11 Billion | Dkr2.45 Billion | ▼ -24.8 pp |
| 2015 | 64.1% | Dkr1.17 Billion | Dkr1.83 Billion | Dkr3.42 Billion | Dkr2.25 Billion | ▲ +2.7 pp |
| 2014 | 61.4% | Dkr1.06 Billion | Dkr1.73 Billion | Dkr3.25 Billion | Dkr2.19 Billion | ▲ +10.2 pp |
| 2013 | 51.2% | Dkr1.10 Billion | Dkr2.14 Billion | Dkr3.15 Billion | Dkr2.05 Billion | ▼ -10.9 pp |
| 2012 | 62.1% | Dkr1.37 Billion | Dkr2.20 Billion | Dkr3.82 Billion | Dkr2.45 Billion | ▼ -0.2 pp |
| 2011 | 62.3% | Dkr1.30 Billion | Dkr2.10 Billion | Dkr3.44 Billion | Dkr2.13 Billion | ▼ -9.0 pp |
| 2010 | 71.2% | Dkr1.51 Billion | Dkr2.12 Billion | Dkr3.27 Billion | Dkr1.76 Billion | ▼ -3.0 pp |
| 2009 | 74.2% | Dkr1.43 Billion | Dkr1.92 Billion | Dkr2.90 Billion | Dkr1.47 Billion | ▲ +0.3 pp |
| 2008 | 73.9% | Dkr1.13 Billion | Dkr1.53 Billion | Dkr2.85 Billion | Dkr1.72 Billion | ▲ +9.0 pp |
| 2007 | 64.9% | Dkr1.11 Billion | Dkr1.71 Billion | Dkr2.73 Billion | Dkr1.62 Billion | ▲ +10.3 pp |
| 2006 | 54.6% | Dkr800.21 Million | Dkr1.46 Billion | Dkr2.44 Billion | Dkr1.64 Billion | ▼ -6.3 pp |
| 2005 | 61.0% | Dkr887.01 Million | Dkr1.46 Billion | Dkr1.89 Billion | Dkr1.01 Billion | — |