NOVO NORDISK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOVO NORDISK A/S
NOVO NORDISK A/S (CVR number: 24256790K) is a company from GLADSAXE. The company reported a net sales of 290403 mDKK in 2024, demonstrating a growth of 25 % compared to the previous year. The operating profit percentage was at 44.2 % (EBIT: 128339 mDKK), while net earnings were 100988 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 80.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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.
Financial information
See financialsNet sales (bDKK)
EBIT (bDKK)
Profitability
Solidity
Key figures (bDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 126.95 | 140.80 | 176.95 | 232.26 | 290.40 |
Gross profit | 106.01 | 117.14 | 148.51 | 196.50 | 245.88 |
EBIT | 54.13 | 58.64 | 74.81 | 102.57 | 128.34 |
Net earnings | 42.14 | 47.76 | 55.52 | 83.68 | 100.99 |
Shareholders equity total | 63.33 | 70.75 | 83.49 | 106.56 | 143.49 |
Balance sheet total (assets) | 314.49 | 465.80 | |||
Net debt | -12.23 | -10.72 | -12.65 | 13.36 | 88.03 |
Profitability | |||||
EBIT-% | 42.6 % | 41.7 % | 42.3 % | 44.2 % | 44.2 % |
ROA | 33.6 % | 34.5 % | |||
ROE | 34.8 % | 35.6 % | 36.0 % | 44.0 % | 80.8 % |
ROI | 46.1 % | 45.9 % | 48.7 % | 33.1 % | 44.7 % |
Economic value added (EVA) | 40.03 | 44.22 | 56.59 | 77.81 | 95.15 |
Solvency | |||||
Equity ratio | 50.0 % | 50.0 % | 50.0 % | 33.9 % | 30.8 % |
Gearing | 26.0 % | 72.3 % | |||
Relative net indebtedness % | -59.5 % | -57.9 % | -54.3 % | 83.3 % | 105.6 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | |||
Current ratio | 0.8 | 0.7 | |||
Cash and cash equivalents | 12.23 | 10.72 | 12.65 | 14.39 | 15.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 101.8 | 90.4 | |||
Net working capital % | 49.9 % | 50.2 % | 47.2 % | -12.9 % | -19.5 % |
Credit risk | |||||
Credit rating | B | B | B | A | A |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.