NOVO NORDISK A/S financials

Also U.S.-listed. NOVO NORDISK A/S is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: NVO — NOVO NORDISK A/S

NOVO NORDISK A/S

Country: DK Reporting currency: DKK Latest annual report: 2026-06-30

LEI: 549300DAQ1CVT6CXN342

Source filing ↗

Financial statements (DKK, as reported — unscaled; 87 line items across 3 annual periods)

Line item	2026	2025-12-31	2025-06-30
Income statement
Revenue	DKK 175.31B	—	DKK 154.94B
Cost of sales	DKK 30.70B	—	DKK 25.74B
Gross profit	DKK 144.61B	—	DKK 129.21B
Administrative expenses	DKK 2.45B	—	DKK 2.54B
Operating profit (EBIT)	DKK 86.68B	—	DKK 72.24B
Finance costs	DKK 5.00B	—	DKK 10.14B
Profit before tax	DKK 89.05B	—	DKK 70.84B
Income tax expense	DKK 19.50B	—	DKK 15.30B
Profit for the year	DKK 69.55B	—	DKK 55.54B
Total comprehensive income	DKK 68.00B	—	DKK 60.20B
Per share
Basic EPS	DKK 15.67	—	DKK 12.50
Diluted EPS	DKK 15.66	—	DKK 12.49
Free cash flow / share	DKK 12.45	—	DKK 8.64
Cash flow statement
Net cash from operating activities	DKK 79.28B	—	DKK 66.50B
Income taxes paid	DKK 7.30B	—	DKK 8.40B
Net cash from investing activities	-DKK 24.48B	—	-DKK 20.10B
Purchase of PP&E (capex)	DKK 23.99B	—	DKK 28.08B
Purchase of intangibles	DKK 854.0M	—	DKK 2.78B
Net cash from financing activities	-DKK 36.56B	—	-DKK 42.73B
Dividends paid	DKK 35.31B	—	DKK 35.10B
Proceeds from borrowings	DKK 34.75B	—	DKK 72.60B
Repayments of borrowings	DKK 27.34B	—	DKK 76.89B
Net change in cash	DKK 18.24B	—	DKK 3.68B
Balance sheet
Total assets	DKK 594.94B	DKK 542.90B	—
Non-current assets	DKK 386.25B	DKK 370.45B	—
Property, plant & equipment	DKK 231.76B	DKK 208.38B	—
Intangible assets & goodwill	DKK 19.89B	DKK 19.84B	—
Current assets	DKK 208.70B	DKK 172.45B	—
Inventories	DKK 51.35B	DKK 49.62B	—
Trade & other receivables	DKK 88.95B	DKK 70.86B	—
Cash & equivalents	DKK 44.48B	DKK 26.46B	DKK 18.43B
Total equity	DKK 221.28B	DKK 194.05B	DKK 168.07B
Non-current liabilities	DKK 134.58B	DKK 133.19B	—
Long-term borrowings	DKK 121.79B	DKK 118.94B	—
Current liabilities	DKK 239.08B	DKK 215.66B	—
Deferred tax liabilities	DKK 4.27B	DKK 6.61B	—
Derived metrics
Free cash flow	DKK 55.30B	—	DKK 38.42B
Operating margin	49.4%	—	46.6%
Net margin	39.7%	—	35.8%
Return on equity	31.4%	—	33.0%
Cash conversion ratio	1.14×	—	1.20×
Capex coverage	3.31×	—	2.37×
Other reported items
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss	DKK 13.84B	—	DKK 8.66B
Adjustments For Income Tax Expense	DKK 19.50B	—	DKK 15.30B
Cash	DKK 44.48B	DKK 26.46B	—
Current Borrowings and Current Portion of Noncurrent Borrowings	DKK 18.33B	DKK 12.02B	—
Current Derivative Financial Assets	DKK 3.85B	DKK 6.68B	—
Current Derivative Financial Liabilities	DKK 5.25B	DKK 2.03B	—
Current Financial Assets At Fair Value Through Profit Or Loss	DKK 500.0M	DKK 498.0M	—
Current Provisions	DKK 1.88B	DKK 374.0M	—
Current Tax Assets Current	DKK 4.95B	DKK 4.85B	—
Current Tax Liabilities Current	DKK 20.46B	DKK 8.42B	—
Decrease Increase Through Tax On Sharebased Payment Transactions	—	—	DKK 37.0M
Deferred Tax Assets	DKK 23.67B	DKK 23.65B	—
Effect of Exchange Rate Changes On Cash and Cash Equivalents	-DKK 224.0M	—	-DKK 896.0M
Equity and Liabilities	DKK 594.94B	DKK 542.90B	—
Finance Income	DKK 7.37B	—	DKK 8.74B
Gains Losses On Exchange Differences On Translation Before Tax	DKK 4.30B	—	-DKK 7.96B
Increase Decrease In Working Capital	DKK 19.91B	—	DKK 7.47B
Increase Decrease Through Sharebased Payment Transactions	DKK 443.0M	—	DKK 906.0M
Intangible Assets Other Than Goodwill	DKK 102.17B	DKK 110.21B	—
Interest Paid Classified As Financing Activities	DKK 2.76B	—	DKK 1.95B
Interest Received Classified As Investing Activities	DKK 342.0M	—	DKK 824.0M
Investments In Associates Accounted For Using Equity Method	DKK 207.0M	DKK 366.0M	—
Issued Capital	DKK 446.0M	DKK 446.0M	—
Liabilities	DKK 373.66B	DKK 348.86B	—
Noncurrent Provisions	DKK 6.20B	DKK 5.73B	—
Noncurrent Recognised Liabilities Defined Benefit Plan	DKK 787.0M	DKK 861.0M	—
Other Adjustments For Noncash Items	DKK 3.61B	—	DKK 2.88B
Other Comprehensive Income	-DKK 1.55B	—	DKK 4.66B
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans	DKK 86.0M	—	DKK 87.0M
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax	-DKK 1.63B	—	DKK 4.58B
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Before Tax	DKK 86.0M	—	DKK 87.0M
Other Current Liabilities	DKK 38.38B	DKK 39.72B	—
Other Noncurrent Financial Assets	DKK 2.12B	DKK 2.14B	—
Other Operating Income Expense	-DKK 340.0M	—	-DKK 9.0M
Other Reserves	-DKK 3.33B	-DKK 1.70B	—
Payments To Acquire Or Redeem Entitys Shares	DKK 5.90B	—	DKK 1.39B
Proceeds From Sales of Interests In Associates	DKK 44.0M	—	DKK 0
Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities	DKK 0	—	DKK 10.64B
Purchase of Financial Instruments Classified As Investing Activities	DKK 0	—	DKK 498.0M
Purchase of Treasury Shares	DKK 5.90B	—	DKK 1.39B
Reclassification Adjustments On Cash Flow Hedges Before Tax	DKK 4.38B	—	-DKK 3.24B
Research and Development Expense	DKK 28.07B	—	DKK 22.00B
Retained Earnings	DKK 224.16B	DKK 195.30B	—
Trade and Other Current Payables To Trade Suppliers	DKK 14.59B	DKK 19.76B	—
Treasury Shares	DKK 4.0M	DKK 2.0M	—

Methodology

Every line item above is a fact tagged in NOVO NORDISK A/S's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (DKK), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.