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NOVO NORDISK A/S

CVR number: 24256790
Novo Alle 1, 2880 Bagsværd
tel: 44448888

Credit rating

Company information

Official name
NOVO NORDISK A/S
Personnel
27909 persons
Established
1931
Company form
Limited company
Industry
  • Expand more icon21Manufacture of basic pharmaceutical products and pharmaceutical preparations

About the company

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.

Financial information

See financials

Net sales (bDKK)

EBIT (bDKK)

Profitability

Solidity

Key figures (bDKK)

See financials
20192020202120222023
Volume
Net sales122.02126.95140.80176.95232.26
Gross profit101.93106.01117.14148.51196.50
EBIT52.4854.1358.6474.81102.57
Net earnings38.9542.1447.7655.5283.68
Shareholders equity total57.5963.3370.7583.49106.56
Balance sheet total (assets)241.26314.49
Net debt-15.41-12.23-10.7213.8913.36
Profitability
EBIT-%43.0 %42.6 %41.7 %42.3 %44.2 %
ROA31.1 %38.0 %
ROE35.6 %34.8 %35.6 %36.0 %88.1 %
ROI48.0 %46.1 %45.9 %29.9 %50.8 %
Economic value added (EVA)44.0244.8248.9161.4670.65
Solvency
Equity ratio50.0 %50.0 %50.0 %34.6 %33.9 %
Gearing31.8 %26.0 %
Relative net indebtedness %-59.8 %-59.5 %-57.9 %82.0 %83.3 %
Liquidity
Quick ratio0.70.6
Current ratio0.90.8
Cash and cash equivalents15.4112.2310.7212.6514.39
Capital use efficiency
Trade debtors turnover (days)104.3101.8
Net working capital %47.2 %49.9 %50.2 %-7.2 %-12.9 %
Credit risk
Credit ratingCCCAA

Variable visualization

ROA:38.0%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Equity ratio:33.9%
Rating: 29/100
-1%
21%
50%
81%
99%
100%

Roles

Chief executive officer
Board member
Chairman of the board
Board member

Companies in the same industry

Build time: 2024-07-12T11:31:01.896Z

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