NOVO NORDISK FONDEN

NOVO NORDISK FONDEN (CVR number: 10582989K) is a company from GENTOFTE. The company reported a net sales of 269066 mDKK in 2023, demonstrating a growth of 29.2 % compared to the previous year. The operating profit percentage was at 42.3 % (EBIT: 113784 mDKK), while net earnings were 93345 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 53.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NOVO NORDISK FONDEN'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.