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Novo Nordisk A/S (NVO)
NYSE: NVO · Real-Time Price · USD
40.30
-1.88 (-4.46%)
At close: Nov 5, 2026, 4:00 PM EST
40.07
-0.23 (-0.57%)
After-hours: Nov 5, 2026, 7:59 PM EST

Novo Nordisk Balance Sheet

Millions DKK. Fiscal year is Jan - Dec.

Assets

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Equivalents
44,15144,48221,12726,46432,08418,43538,93815,65557,01852,8216,32414,39230,14421,57414,93612,65328,46522,75813,39410,720
Short-Term Investments
2,2015004994984994992,61210,65317,8639,8332,97915,83817,45114,83412,83510,9219,0088,2796,7526,765
Cash & Short-Term Investments
46,35244,98221,62626,96232,58318,93441,55026,30874,88162,6549,30330,23047,59536,40827,77123,57437,47331,03720,14617,485
Cash Growth (YoY)
42.26%137.57%-47.95%2.49%-56.49%-69.78%346.63%-12.97%57.33%72.09%-66.50%28.23%27.01%17.30%37.85%34.82%5.89%14.04%162.80%37.06%
Accounts Receivable
95,11888,94982,56570,85675,42169,57569,45971,94966,29963,56556,99964,77052,60261,29450,50250,56045,56340,82636,24140,643
Other Receivables
15,48819,56317,70318,33016,95216,26816,90716,35613,33012,56514,75110,4919,3629,2277,4196,9457,9475,8137,9256,156
Receivables
110,606108,512100,26889,18692,37385,84386,36688,30579,62976,13071,75075,26161,96470,52157,92157,50553,51046,63944,16646,799
Inventory
51,20551,35251,35249,62347,50445,65242,85340,84937,94436,35633,60031,81129,53428,02025,61524,38823,22221,70620,28919,621
Other Current Assets
2,6053,8504,0716,6829,42312,2763,6266,3262,7062,3601,7682,3443,1062,6022,6362,7275,2773,5971,9361,690
Total Current Assets
210,768208,696177,317172,453181,883162,705174,395161,788195,160177,500116,421139,646142,199137,551113,943108,194119,482102,97986,53785,595
Property, Plant & Equipment
240,787231,758219,974208,378193,244180,758172,376161,680119,832109,98098,23090,96181,46175,02470,01466,67163,64159,55656,39955,362
Long-Term Investments
2,5012,3302,2412,5072,7252,6382,7002,6772,0471,6591,6511,6631,4711,4791,2111,3431,2391,2421,2791,441
Goodwill
19,42219,89019,87719,845---20,017---4,464---4,615---4,346
Other Intangible Assets
92,351102,167110,033110,208106,587107,866109,37990,80454,48855,50159,64055,94255,72650,74950,48946,32446,92444,59043,34438,825
Long-Term Deferred Tax Assets
26,88123,67223,78723,64722,77223,74726,27524,64823,45822,56520,96720,38018,81415,61214,08013,90411,30310,3099,3388,672
Other Long-Term Assets
6,4506,4285,9925,8645,0774,4394,0374,0162,4562,1782,0121,430430338288206247252239267
Total Assets
599,160594,941559,221542,902512,288482,153489,162465,630397,441369,383298,921314,486300,101280,753250,025241,257242,836218,928197,136194,508

Liabilities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Accounts Payable
15,21714,59114,80319,75823,90428,20619,57617,14024,07929,75913,00625,60620,10617,78810,05015,5878,31014,6546,6798,870
Accrued Expenses
---917---960---600---875----
Short-Term Debt
---928---5,792---4566,6136,2891,2514801,8331,2561,39612,862
Current Portion of Long-Term Debt
16,73818,33327,2109,75312,03411,96322,4135,9835,5205,45210,1644,848--------
Current Portion of Leases
---1,336---1,338---1,174---986---822
Current Income Taxes Payable
27,58620,46016,1498,41622,33516,92715,5019,71614,6515,9065,9647,11612,2979,6176,0627,0917,3973,9434,6063,658
Other Current Liabilities
189,909185,699166,996174,553176,085150,426178,627176,685164,108146,792136,472129,855133,536122,924114,59895,921112,71789,80282,92173,304
Total Current Liabilities
249,450239,083225,158215,661234,358207,522236,117217,614208,358187,909165,606169,655172,552156,618131,961120,940130,257109,65595,60299,516
Long-Term Debt
109,339113,172110,335111,70589,18087,30596,31084,24651,45251,60816,76415,97619,92419,41524,26720,77524,13624,17824,0849,654
Long-Term Leases
8,4038,6228,8377,236---5,428---4,552---3,543---3,307
Pension & Post-Retirement Benefits
6657878248617518108369037937637847426136996827625836179501,280
Long-Term Deferred Tax Liabilities
3,5834,2715,0086,6119,2689,7968,7055,5158,6559,0379,66410,1627,8857,6277,8757,0615,6405,2175,3055,271
Other Long-Term Liabilities
9,9187,7295,9946,7818,8358,6548,6548,4387,6617,5447,1926,8386,1365,9215,3664,6905,5404,8094,6454,734
Total Liabilities
381,358373,664356,156348,855342,392314,087350,622322,144276,919256,861200,010207,925207,110190,280170,151157,771166,156144,476130,586123,762

Shareholders' Equity

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Common Stock
446446446446446446446446446446451451451451456456456456462462
Retained Earnings
220,552224,164206,420195,298168,529164,453137,319144,448121,670112,15099,050104,83991,73588,11877,07080,58773,67373,16666,61272,004
Treasury Stock
-6-4-2-2-2-2-2-2-1-1-5-5-5-3-6-6-4-3-7-6
Comprehensive Income & Other
-3,190-3,329-3,799-1,6959233,169777-1,406-1,593-73-5851,2768101,9072,3542,4492,555833-517-1,714
Shareholders' Equity
217,802221,277203,065194,047169,896168,066138,540143,486120,522112,52298,911106,56192,99190,47379,87483,48676,68074,45266,55070,746
Total Liabilities & Equity
599,160594,941559,221542,902512,288482,153489,162465,630397,441369,383298,921314,486300,101280,753250,025241,257242,836218,928197,136194,508

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Total Debt
134,480140,127146,382130,958101,21499,268118,723102,78756,97257,06026,92827,00626,53725,70425,51825,78425,96925,43425,48026,645
Net Cash (Debt)
-88,128-95,145-124,756-103,996-68,631-80,334-77,173-76,47917,9095,594-17,6253,22421,05810,7042,253-2,21011,5045,603-5,334-9,160
Net Cash Growth (YoY)
---------14.95%-47.74%--83.05%91.04%---46.84%-58.35%--
Net Cash Per Share
-19.93-21.45-28.04-23.37-15.43-18.07-17.36-17.174.021.25-3.940.724.692.380.50-0.492.541.23-1.17-2.00
Filing Date Shares Outstanding
4,4094,4284,4434,4444,4434,4434,4394,4414,4524,4584,4604,4584,4774,4824,4994,5014,5234,5384,5534,558
Total Common Shares Outstanding
4,4094,4284,4434,4444,4434,4434,4394,4414,4524,4584,4604,4584,4774,4824,4994,5014,5234,5384,5534,558
Working Capital
-38,682-30,387-47,841-43,208-52,475-44,817-61,722-55,826-13,198-10,409-49,185-30,009-30,353-19,067-18,018-12,746-10,775-6,676-9,065-13,921
Book Value Per Share
49.4049.9745.7143.6638.2337.8231.2132.3127.0725.2422.1823.9020.7720.1817.7518.5516.9516.4014.6215.52
Tangible Book Value
106,02999,22073,15563,99463,30960,20029,16132,66566,03457,02139,27146,15537,26539,72429,38532,54729,75629,86223,20627,575
Tangible Book Value Per Share
24.0522.4116.4714.4014.2513.556.577.3614.8312.798.8110.358.328.866.537.236.586.585.106.05
Land
---65,559---61,374---48,990---43,403---41,076
Machinery
---71,133---67,205---49,930---45,662---43,720
Construction In Progress
---130,622---85,497---39,663---22,361---11,091
SEC Filings: 10-K · 10-Q