companydata.dkCurrent assets (omsætningsaktiver)
Current assets (omsætningsaktiver) are assets not intended for lasting use, expected to be converted to cash within a short period — typically inventory, trade receivables, and cash.
Current assets are the company's short-term values: goods in stock, money owed by customers, securities, and bank deposits. They form the numerator of the liquidity ratio and are decisive for whether the company can pay its bills on time.
The quality of current assets
Not all current assets are equally liquid: cash can be used tomorrow, while inventory must first be sold and receivables collected. Growing receivables or inventory relative to activity can signal problems with sales or payments.
Related terms
Fixed assets (anlægsaktiver)
Fixed assets (anlægsaktiver) are assets intended for lasting use in the business — e.g. property, machinery, goodwill, software, and equity stakes in other companies. Their counterpart is current assets.
Liquidity ratio (likviditetsgrad)
The liquidity ratio (likviditetsgrad) shows a company's ability to pay its current liabilities with its current assets. It is calculated as current assets divided by current liabilities, multiplied by 100.
Balance sheet total (balancesum)
The balance sheet total (balancesum) is the sum of all the company's assets — and equally the sum of equity and liabilities, since the balance sheet balances by definition. It is used as a measure of company size.
Liabilities (gældsforpligtelser)
Liabilities (gældsforpligtelser) are the company's debt to banks, suppliers, public authorities, and other creditors. They are split into current liabilities (due within one year) and long-term liabilities.