DSV A/S (CPH:DSV)
Denmark · Delayed Price · Currency is DKK 1,470.00
+14.50 (1.00%)
Nov 6, 2026, 5:00 PM CET
DSV A/S Cash Flow Statement
Financials in millions DKK. Fiscal year is January - December.
Millions DKK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 7,824 | 8,095 | 10,109 | 12,315 | 17,568 | 11,205 |
Depreciation & Amortization | 10,215 | 8,408 | 5,589 | 5,157 | 4,886 | 3,976 |
Other Amortization | 268 | 268 | 180 | 154 | 185 | 218 |
Loss (Gain) From Sale of Assets | -43 | -43 | -34 | -37 | - | - |
Asset Writedown & Restructuring Costs | -3,973 | -3,973 | -657 | -160 | -1,117 | -392 |
Stock-Based Compensation | 385 | 359 | 327 | 267 | 202 | 160 |
Other Operating Activities | 3,994 | 3,338 | 349 | -2,064 | 2,282 | 1,639 |
Change in Other Net Operating Assets | -7,170 | 5,029 | -4,212 | 826 | 2,840 | -4,604 |
Operating Cash Flow | 11,500 | 21,481 | 11,651 | 16,458 | 26,846 | 12,202 |
Operating Cash Flow Growth | -37.94% | 84.37% | -29.21% | -38.70% | 120.01% | 18.74% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,203 | -2,065 | -2,092 | -2,030 | -1,514 | -1,180 |
Sale of Property, Plant & Equipment | 6,734 | 329 | 984 | 1,258 | 824 | 420 |
Cash Acquisitions | - | -75,790 | - | -685 | - | 1,631 |
Sale (Purchase) of Intangibles | -843 | -523 | -337 | -345 | -280 | -303 |
Investment in Securities | 22 | 326 | -930 | -228 | 4 | -148 |
Investing Cash Flow | 3,710 | -77,723 | -2,375 | -2,030 | -966 | 420 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 14,563 | 41,412 | 320 | 4,393 | 12,952 |
Long-Term Debt Repaid | - | -27,824 | -6,697 | -4,232 | -7,614 | -3,649 |
Lease Payments | -7,112 | -6,078 | -4,252 | -3,905 | -3,734 | -3,160 |
Net Debt Issued (Repaid) | -24,201 | -13,261 | 34,715 | -3,912 | -3,221 | 9,303 |
Issuance of Common Stock | 3,721 | 2,080 | 38,107 | 1,794 | 618 | 784 |
Repurchase of Common Stock | - | - | -3,347 | -13,997 | -20,313 | -17,841 |
Common Dividends Paid | -1,683 | -1,683 | -1,533 | -1,424 | -1,320 | -920 |
Other Financing Activities | -788 | -593 | 1 | -35 | -9 | -6 |
Financing Cash Flow | -22,951 | -13,457 | 67,943 | -17,574 | -24,245 | -8,680 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 81 | -698 | -95 | -562 | 226 | 297 |
Net Cash Flow | -7,660 | -70,397 | 77,124 | -3,708 | 1,861 | 4,239 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 9,297 | 19,416 | 9,559 | 14,428 | 25,332 | 11,022 |
Free Cash Flow Growth | -42.23% | 103.12% | -33.75% | -43.04% | 129.83% | 20.39% |
Free Cash Flow Margin | 3.10% | 7.85% | 5.72% | 9.57% | 10.75% | 6.05% |
Free Cash Flow Per Share | 38.91 | 82.22 | 44.42 | 66.95 | 109.92 | 47.38 |
Levered Free Cash Flow | 13,409 | 25,122 | 7,662 | 11,727 | 21,494 | 8,824 |
Unlevered Free Cash Flow | 15,906 | 27,385 | 8,865 | 12,621 | 22,344 | 9,389 |
Free Cash Flow After Leases | 2,185 | 13,338 | 5,307 | 10,523 | 21,598 | 7,862 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 4,196 | 3,832 | 2,075 | 1,549 | 1,472 | 938 |
Cash Income Tax Paid | 2,841 | 3,890 | 3,622 | 5,589 | 5,178 | 2,263 |
Change in Working Capital | -7,170 | 5,029 | -4,212 | 826 | 2,840 | -4,604 |