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: NONOF — NOVO NORDISK A/S

NOVO NORDISK A/S

Country: DK Reporting currency: DKK Latest annual report: 2026-03-31

LEI: 549300DAQ1CVT6CXN342

Source filing ↗

Financial statements (DKK, as reported — unscaled; 86 line items across 3 annual periods)

Line item	2026	2025	2025
Income statement
Revenue	DKK 96.82B	—	DKK 78.09B
Cost of sales	DKK 13.60B	—	DKK 12.89B
Gross profit	DKK 83.22B	—	DKK 65.20B
Administrative expenses	DKK 1.14B	—	DKK 1.22B
Operating profit (EBIT)	DKK 59.62B	—	DKK 38.79B
Finance costs	DKK 3.50B	—	DKK 5.18B
Profit before tax	DKK 62.17B	—	DKK 37.03B
Income tax expense	DKK 13.62B	—	DKK 8.00B
Profit for the year	DKK 48.56B	—	DKK 29.03B
Total comprehensive income	DKK 46.51B	—	DKK 31.30B
Per share
Basic EPS	DKK 10.93	—	DKK 6.54
Diluted EPS	DKK 10.91	—	DKK 6.53
Free cash flow / share	DKK 2.87	—	DKK 2.54
Cash flow statement
Net cash from operating activities	DKK 24.08B	—	DKK 24.73B
Income taxes paid	DKK 5.94B	—	DKK 2.67B
Net cash from investing activities	-DKK 11.71B	—	-DKK 5.98B
Purchase of PP&E (capex)	DKK 11.31B	—	DKK 13.42B
Purchase of intangibles	DKK 728.0M	—	DKK 1.16B
Net cash from financing activities	-DKK 17.43B	—	DKK 4.62B
Dividends paid	DKK 35.31B	—	DKK 35.27B
Proceeds from borrowings	DKK 15.98B	—	DKK 27.36B
Repayments of borrowings	DKK 1.23B	—	DKK 12.03B
Net change in cash	-DKK 5.06B	—	DKK 23.37B
Balance sheet
Total assets	DKK 559.22B	DKK 542.90B	—
Non-current assets	DKK 381.90B	DKK 370.45B	—
Property, plant & equipment	DKK 219.97B	DKK 208.38B	—
Intangible assets & goodwill	DKK 19.88B	DKK 19.84B	—
Current assets	DKK 177.32B	DKK 172.45B	—
Inventories	DKK 51.35B	DKK 49.62B	—
Trade & other receivables	DKK 82.56B	DKK 70.86B	—
Cash & equivalents	DKK 21.13B	DKK 26.46B	DKK 38.94B
Total equity	DKK 203.06B	DKK 194.05B	DKK 138.54B
Non-current liabilities	DKK 131.00B	DKK 133.19B	—
Long-term borrowings	DKK 119.17B	DKK 118.94B	—
Current liabilities	DKK 225.16B	DKK 215.66B	—
Deferred tax liabilities	DKK 5.01B	DKK 6.61B	—
Derived metrics
Free cash flow	DKK 12.77B	—	DKK 11.31B
Operating margin	61.6%	—	49.7%
Net margin	50.2%	—	37.2%
Return on equity	23.9%	—	21.0%
Cash conversion ratio	0.50×	—	0.85×
Capex coverage	2.13×	—	1.84×
Other reported items
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss	DKK 3.54B	—	DKK 3.83B
Adjustments For Income Tax Expense	DKK 13.62B	—	DKK 8.00B
Cash	DKK 21.13B	DKK 26.46B	—
Current Borrowings and Current Portion of Noncurrent Borrowings	DKK 27.21B	DKK 12.02B	—
Current Derivative Financial Assets	DKK 4.07B	DKK 6.68B	—
Current Derivative Financial Liabilities	DKK 3.44B	DKK 2.03B	—
Current Financial Assets At Fair Value Through Profit Or Loss	DKK 499.0M	DKK 498.0M	—
Current Provisions	DKK 140.0M	DKK 374.0M	—
Current Tax Assets Current	DKK 5.24B	DKK 4.85B	—
Current Tax Liabilities Current	DKK 16.15B	DKK 8.42B	—
Decrease Increase Through Tax On Sharebased Payment Transactions	—	—	DKK 36.0M
Deferred Tax Assets	DKK 23.79B	DKK 23.65B	—
Effect of Exchange Rate Changes On Cash and Cash Equivalents	-DKK 276.0M	—	-DKK 86.0M
Equity and Liabilities	DKK 559.22B	DKK 542.90B	—
Finance Income	DKK 6.05B	—	DKK 3.42B
Gains Losses On Exchange Differences On Translation Before Tax	DKK 2.80B	—	-DKK 2.52B
Increase Decrease In Working Capital	DKK 33.23B	—	DKK 15.41B
Increase Decrease Through Sharebased Payment Transactions	DKK 221.0M	—	DKK 453.0M
Intangible Assets Other Than Goodwill	DKK 110.03B	DKK 110.21B	—
Interest Paid Classified As Financing Activities	DKK 941.0M	—	DKK 833.0M
Interest Received Classified As Investing Activities	DKK 262.0M	—	DKK 694.0M
Investments In Associates Accounted For Using Equity Method	DKK 207.0M	DKK 366.0M	—
Issued Capital	DKK 446.0M	DKK 446.0M	—
Liabilities	DKK 356.16B	DKK 348.86B	—
Noncurrent Provisions	DKK 4.62B	DKK 5.73B	—
Noncurrent Recognised Liabilities Defined Benefit Plan	DKK 824.0M	DKK 861.0M	—
Other Adjustments For Noncash Items	-DKK 2.46B	—	DKK 1.95B
Other Comprehensive Income	-DKK 2.05B	—	DKK 2.27B
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans	DKK 56.0M	—	DKK 82.0M
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax	-DKK 2.10B	—	DKK 2.18B
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Before Tax	DKK 56.0M	—	DKK 82.0M
Other Current Liabilities	DKK 44.16B	DKK 39.72B	—
Other Noncurrent Financial Assets	DKK 2.03B	DKK 2.14B	—
Other Operating Income Expense	-DKK 106.0M	—	DKK 14.0M
Other Reserves	-DKK 3.80B	-DKK 1.70B	—
Payments To Acquire Or Redeem Entitys Shares	DKK 2.40B	—	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 8.03B
Purchase of Treasury Shares	DKK 2.40B	—	DKK 1.39B
Reclassification Adjustments On Cash Flow Hedges Before Tax	DKK 3.64B	—	-DKK 1.77B
Research and Development Expense	DKK 10.28B	—	DKK 10.31B
Retained Earnings	DKK 206.42B	DKK 195.30B	—
Trade and Other Current Payables To Trade Suppliers	DKK 14.80B	DKK 19.76B	—
Treasury Shares	DKK 2.0M	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.