v3.25.4

Financial Assets and Liabilities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Presentation of leases for lessee [abstract] |
Schedule of Financial Assets and Financial Liabilities | Financial assets and liabilities comprise the following:
(EUR’000) |  | 2025 |  |  | 2024 |
Financial assets by category |  |  |  |  |  |
Trade receivables |  |  | 141,333 |  |  |  | 166,280 |
Other receivables (excluding indirect tax receivables) |  |  |  |  |  |
Lease receivables |  |  | 10,268 |  |  |  | — |
Other receivables |  |  | 9,322 |  |  |  | 3,964 |
Cash and cash equivalents |  |  | 616,041 |  |  |  | 559,543 |
Financial assets measured at amortized cost |  |  | 776,964 |  |  |  | 729,787 |
Total financial assets |  |  | 776,964 |  |  |  | 729,787 |
Classified in the statement of financial position |  |  |  |  |  |
Non-current assets |  |  | 10,870 |  |  |  | 2,317 |
Current assets |  |  | 766,094 |  |  |  | 727,470 |
Total financial assets |  |  | 776,964 |  |  |  | 729,787 |
Financial liabilities by category |  |  |  |  |  |
Borrowings |  |  |  |  |  |
Convertible senior notes |  |  | 429,391 |  |  |  | 458,207 |
Royalty funding liabilities |  |  | 290,871 |  |  |  | 305,379 |
Lease liabilities |  |  | 151,524 |  |  |  | 93,030 |
Trade payables and accrued expenses |  |  | 90,657 |  |  |  | 96,394 |
Other liabilities (excluding indirect tax and employee related payables) |  |  | 1,046 |  |  |  | 311 |
Financial liabilities measured at amortized cost |  |  | 963,489 |  |  |  | 953,321 |
Derivative liabilities |  |  | 256,231 |  |  |  | 150,670 |
Financial liabilities measured at fair value through profit or loss |  |  | 256,231 |  |  |  | 150,670 |
Total financial liabilities |  |  | 1,219,720 |  |  |  | 1,103,991 |
Classified in the statement of financial position |  |  |  |  |  |
Non-current liabilities |  |  | 385,254 |  |  |  | 365,080 |
Current liabilities |  |  | 834,466 |  |  |  | 738,911 |
Total financial liabilities |  |  | 1,219,720 |  |  |  | 1,103,991 |
Schedule of Finance Income and Finance Expenses | Finance income and expenses are specified below:
(EUR’000) |  | 2025 |  |  | 2024 |  |  | 2023 |
Finance income |  |  |  |  |  |  |  |  |
Interest income |  |  | 15,301 |  |  |  | 14,361 |  |  |  | 16,857 |
Remeasurement gain of financial liabilities |  |  | 20,469 |  |  |  | 11,248 |  |  |  | 14,654 |
Foreign exchange translation (net) |  |  | 78,229 |  |  |  | — |  |  |  | 12,346 |
Total finance income |  |  | 113,999 |  |  |  | 25,609 |  |  |  | 43,857 |
Finance expenses |  |  |  |  |  |  |  |  |
Interest expenses |  |  | 80,647 |  |  |  | 65,504 |  |  |  | 44,065 |
Remeasurement loss of financial liabilities |  |  | 126,040 |  |  |  | 7,374 |  |  |  | — |
Foreign exchange translation (net) |  |  | — |  |  |  | 27,149 |  |  |  | — |
Total finance expenses |  |  | 206,687 |  |  |  | 100,027 |  |  |  | 44,065 |
Summary of Expenses, Related To Lease Activities In The Consolidated Statements | The following expenses related to lease activities were recognized in the consolidated statements of profit or loss:
(EUR’000) |  | 2025 |  | 2024 |  | 2023
Lease expenses |  |  |  |  |  |
Depreciation |  | 12,350 |  | 12,312 |  | 11,875
Lease interest |  | 4,186 |  | 3,303 |  | 3,581
Total lease expenses |  | 16,536 |  | 15,615 |  | 15,456
Summary of Development in Borrowings Related to Financing Activities | The development in borrowings related to financing activities is specified below:
|  |  |  | Cash payments |  | Non-cash items |  |
(EUR’000) |  | Beginning of year |  | Repay- ments |  | Net proceeds |  | Additions/ (disposals) |  | Remeasure- ments |  | Accretion of interest |  | Foreign exchange translation |  | End of year
Financing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowings (excluding lease liabilities) |  | 763,586 |  | (29,065) |  | — |  | — |  | 10 |  | 76,247 |  | (90,516) |  | 720,262
Lease liabilities |  | 93,030 |  | (15,548) |  | — |  | 78,517 |  | — |  | 4,186 |  | (8,661) |  | 151,524
Total financing activities |  | 856,616 |  | (44,613) |  | — |  | 78,517 |  | 10 |  | 80,433 |  | (99,177) |  | 871,786
Financing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowings (excluding lease liabilities) |  | 545,472 |  | (11,819) |  | 134,158 |  | — |  | (11,248) |  | 62,116 |  | 44,907 |  | 763,586
Lease liabilities |  | 98,793 |  | (14,677) |  | — |  | 861 |  | — |  | 3,303 |  | 4,750 |  | 93,030
Total financing activities |  | 644,265 |  | (26,496) |  | 134,158 |  | 861 |  | (11,248) |  | 65,419 |  | 49,657 |  | 856,616
Summary of Fair Value Hierarchy | Level 3 inputs are unobservable inputs for the asset or liability.
|  | 2025 |  | 2024 |  |
(EUR’000) |  | Carrying amount |  | Fair value |  | Carrying amount |  | Fair value |  | Fair value level
Convertible senior notes |  | 429,391 |  | 426,429 |  | 458,207 |  | 438,288 |  | 2
Royalty funding liabilities |  | 290,871 |  | 296,899 |  | 305,379 |  | 305,673 |  | 3
Financial liabilities measured at amortized cost |  | 720,262 |  | 723,328 |  | 763,586 |  | 743,961 |  |
Derivative liabilities |  | 256,231 |  | 256,231 |  | 150,670 |  | 150,670 |  | 3
Financial liabilities measured at fair value through profit or loss |  | 256,231 |  | 256,231 |  | 150,670 |  | 150,670 |  |
Movements in Level 3 Fair Value Measurements | The following table specifies movements in level 3 fair value measurements:
(EUR’000) |  | 2025 |  | 2024 |  | 2023
Derivative liabilities |  |  |  |  |  |
January 1 |  | 150,670 |  | 143,296 |  | 157,950
Remeasurement recognized in financial income or expense |  | 105,561 |  | 7,374 |  | (14,654)
December 31 |  | 256,231 |  | 150,670 |  | 143,296

X
- Definition Disclosure Of Expenses Relating To Lease Activities In The Consolidated Statements. + References No definition available. + Details
Name: | asnd_DisclosureOfExpensesRelatingToLeaseActivitiesInTheConsolidatedStatements
Namespace Prefix: | asnd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure Of Financial Assets And Liabilities [text block] + References No definition available. + Details
Name: | asnd_DisclosureOfFinancialAssetsAndLiabilitiesExplanatory
Namespace Prefix: | asnd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of movements in level 3 fair value measurements. + References No definition available. + Details
Name: | asnd_DisclosureOfMovementsInLevelThreeFairValueMeasurementsTableTextBlock
Namespace Prefix: | asnd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of summary of fair value hierarchy. + References No definition available. + Details
Name: | asnd_DisclosureOfSummaryOfFairValueHierarchyTableTextBlock
Namespace Prefix: | asnd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Note Expiry date 2027-01-01 -Name IAS -Number 1 -IssueDate 2025-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2025-en-b&anchor=para_10_e&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the reconciliation of liabilities arising from financing activities. [Refer: Liabilities arising from financing activities] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2025-01-01 -Paragraph 44D -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2025-en-r&anchor=para_44D&doctype=Standard -URIDate 2025-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 166 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_166&doctype=Standard -URIDate 2025-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 166 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_166&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_PresentationOfLeasesForLesseeAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration