NOVO NORDISK A/S — Credit Rating and Financial Key Figures

NOVO NORDISK A/S (CVR number: 24256790K) is a company from GLADSAXE. The company reported a net sales of 232261 mDKK in 2023, demonstrating a growth of 31.3 % compared to the previous year. The operating profit percentage was at 44.2 % (EBIT: 102574 mDKK), while net earnings were 83683 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38 %, which can be considered excellent and Return on Equity (ROE) was 88.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NOVO NORDISK A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.