To find the FFO / Net Debt ratio for Ørsted A/S in 2022, we first calculate the Funds From Operations (FFO) and the Net Debt.

**1. Calculate Funds From Operations (FFO):**
A standard corporate finance approach defines FFO as Cash Flow from Operating Activities (CFO) excluding the cash flow effects from Changes in Working Capital. 
We are given the CFO and the individual working capital adjustment components (where positive values represent cash inflows and negative values represent cash outflows):

* Cash Flows From Operating Activities = 11,924,000,000 DKK

Working Capital changes adjustments:
* Decrease (Increase) In Inventories: 1,419,000,000 DKK
* Decrease (Increase) In Contract Assets & Liab.: -1,303,000,000 DKK
* Decrease (Increase) In Trade Account Receivable: -2,875,000,000 DKK
* Decrease (Increase) In Other Operating Receivables: 2,742,000,000 DKK
* Increase (Decrease) In Trade Account Payable: 3,886,000,000 DKK
* Increase (Decrease) In Tax Equity Partner Liabilities: -353,000,000 DKK
* Increase (Decrease) In Other Operating Payables: -38,000,000 DKK

Total Working Capital Cash Flow = 1,419 - 1,303 - 2,875 + 2,742 + 3,886 - 353 - 38 = 3,478,000,000 DKK

FFO = Cash Flows From Operating Activities - Working Capital Cash Flow 
FFO = 11,924,000,000 - 3,478,000,000 = 8,446,000,000 DKK

**2. Calculate Net Debt:**
Net debt is calculated as total interest-bearing debt (short-term & long-term borrowings plus lease liabilities) minus cash and liquid marketable securities (current financial assets held for trading). 

Total Debt:
* Longterm Borrowings: 60,451,000,000 DKK
* Shortterm Borrowings: 2,830,000,000 DKK
* Noncurrent Lease Liabilities: 7,697,000,000 DKK
* Current Lease Liabilities: 569,000,000 DKK
Total Debt = 60,451 + 2,830 + 7,697 + 569 = 71,547,000,000 DKK

Liquidity:
* Cash: 16,178,000,000 DKK
* Current Financial Assets At Fair Value Held For Trading (Securities): 25,197,000,000 DKK
Total Liquidity = 16,178 + 25,197 = 41,375,000,000 DKK

Net Debt = Total Debt - Total Liquidity
Net Debt = 71,547,000,000 - 41,375,000,000 = 30,172,000,000 DKK

**3. Calculate FFO / Net Debt:**
FFO / Net Debt Ratio = 8,446,000,000 / 30,172,000,000 = 0.279928... (or roughly 28.0%)

<answer>0.28</answer>