NOVO NORDISK FONDEN — Credit Rating and Financial Key Figures

NOVO NORDISK FONDEN (CVR number: 10582989) is a company from GENTOFTE. The company recorded a gross profit of 0 kDKK in 2019. The operating profit was 5568 mDKK, while net earnings were 8044 mDKK. The profitability of the company measured by Return on Assets (ROA) was 48.1 %, which can be considered excellent and Return on Equity (ROE) was 249.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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 FONDEN's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.