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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 309064 mDKK in 2025, demonstrating a growth of 6.4 % compared to the previous year. The operating profit percentage was at 41.3 % (EBIT: 127658 mDKK), while net earnings were 102434 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 60.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 140.80 | 176.95 | 232.26 | 290.40 | 309.06 |
| Gross profit | 117.14 | 148.51 | 196.50 | 245.88 | 250.28 |
| EBIT | 58.64 | 74.81 | 102.57 | 128.34 | 127.66 |
| Net earnings | 47.76 | 55.52 | 83.68 | 100.99 | 102.43 |
| Shareholders equity total | 70.75 | 83.49 | 106.56 | 143.49 | 194.05 |
| Balance sheet total (assets) | 10.72 | 12.65 | 14.39 | 465.63 | 542.90 |
| Net debt | -10.72 | -12.65 | -14.39 | 88.03 | 105.36 |
| Profitability | |||||
| EBIT-% | 41.7 % | 42.3 % | 44.2 % | 44.2 % | 41.3 % |
| ROA | 536.3 % | 642.2 % | 780.3 % | 56.1 % | 27.2 % |
| ROE | 71.2 % | 72.0 % | 88.1 % | 80.8 % | 60.7 % |
| ROI | 78.4 % | 84.5 % | 97.2 % | 72.7 % | 47.7 % |
| Economic value added (EVA) | 44.22 | 56.59 | 77.81 | 96.54 | 87.75 |
| Solvency | |||||
| Equity ratio | 50.0 % | 50.0 % | 50.0 % | 30.8 % | 35.7 % |
| Gearing | 72.3 % | 67.9 % | |||
| Relative net indebtedness % | -57.9 % | -54.3 % | -52.1 % | 105.5 % | 104.3 % |
| Liquidity | |||||
| Quick ratio | -0.2 | -0.2 | -0.1 | 0.6 | 0.6 |
| Current ratio | -0.2 | -0.2 | -0.1 | 0.7 | 0.8 |
| Cash and cash equivalents | 10.72 | 12.65 | 14.39 | 15.66 | 26.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 90.4 | 83.7 | |||
| Net working capital % | 57.9 % | 54.3 % | 52.1 % | -19.2 % | -14.0 % |
| Credit risk | |||||
| Credit rating | B | B | B | BB | A |
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