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Novo Nordisk A/S (NVO)
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NVO Balance Sheet

Assets, liabilities, and equity analysis

NVO Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
27.342B27.342B27.058B28.519B25.631B25.270B22.268B29.124B3.673B
3.258B3.258B4.152B5.031B2.904B5.642B2.167B8.509B1.093B
Short-Term Investments
76.946M76.946M78.136M78.243M78.607M378.479M1.474B2.666B203.480M
Cash & Short-Term Investments
3.335B3.335B4.230B5.109B2.983B6.021B3.641B11.174B1.297B
15.461B15.461B11.877B14.484B13.523B12.514B12.098B10.371B1.375B
7.918B7.918B7.786B7.449B7.192B6.209B5.654B5.662B752.335M
86.232B86.232B85.181B80.327B75.954B70.880B64.466B59.310B7.644B
33.920B33.920B32.695B30.301B28.475B24.977B22.488B17.883B2.276B
3.065B3.065B3.114B0.000.000.002.777B0.000.00
Intangible Assets
16.967B16.967B17.292B16.713B16.992B15.849B12.598B8.131B1.149B
Long-Term Investments
345.562M345.562M393.348M427.280M415.564M391.230M370.497M305.474M34.331M
Total Current Liabilities
34.719B34.719B33.837B36.747B32.691B34.213B30.106B31.093B3.889B
20.671B20.671B3.100B3.748B4.443B2.837B3.992B3.593B615.820M
4.196B4.196B1.885B1.887B1.885B3.248B1.630B823.750M112.821M
Total Liabilities
54.919B54.919B54.735B53.687B49.478B50.805B44.608B41.325B5.315B
18.376B18.376B17.317B13.983B13.753B13.955B11.660B7.678B1.068B
22.572B22.572B20.547B15.870B15.638B17.203B14.226B8.502B1.181B
Net Debt (Cash)
19.314B19.314B16.395B10.840B12.734B11.561B12.059B-6.865M87.720M
31.313B31.313B30.446B26.640B26.475B20.074B19.858B17.985B2.328B
Common Stock
68.773M68.773M69.977M69.933M70.258M64.625M61.726M66.557M9.229M
31.830B31.830B30.642B26.425B25.906B19.898B19.992B18.157B2.321B
0.790.790.800.780.780.740.740.940.94
0.720.720.670.600.590.860.720.470.51

NVO Annual Balance Sheet (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Total Current Assets
27.058B22.268B20.670B15.526B13.082B1.772B1.404B9.073B
4.152B2.167B2.130B1.816B1.638B343.486M347.996M2.402B
Short-Term Investments
78.136M1.474B2.344B1.567B1.034B0.000.000.00
Cash & Short-Term Investments
4.230B3.641B4.475B3.383B2.672B343.486M347.996M2.402B
11.877B12.098B11.140B8.252B7.153B754.527M578.336M4.130B
7.786B5.654B4.709B3.500B2.999B499.087M396.704M2.509B
85.181B64.466B46.550B34.620B29.729B3.902B2.825B17.014B
32.695B22.488B13.464B9.567B8.462B1.354B1.137B6.434B
3.114B2.777B660.761M730.702M664.243M0.000.000.00
Intangible Assets
17.292B12.598B8.281B6.647B5.934B556.196M131.215M790.272M
Long-Term Investments
393.348M370.497M246.157M192.720M220.242M44.373M40.658M272.333M
Total Current Liabilities
33.837B30.106B25.112B17.355B15.210B1.892B1.326B8.320B
3.100B3.992B3.790B2.237B1.356B153.932M142.976M1.038B
1.885B1.630B785.098M68.880M1.966B200.836M33.147M79.104M
Total Liabilities
54.735B44.608B30.777B22.640B18.916B2.197B1.530B9.052B
17.317B11.660B2.365B2.981B1.476B0.000.000.00
20.547B14.226B3.997B3.700B4.072B278.838M100.812M79.104M
Net Debt (Cash)
16.395B12.059B1.867B1.884B2.434B-64.648M-247.184M-2.323B
30.446B19.858B15.773B11.980B10.813B1.705B1.295B7.962B
Common Stock
69.977M61.726M66.757M65.436M70.612M12.655M10.794M75.264M
30.642B19.992B15.518B11.564B11.005B1.717B1.300B8.203B
0.800.740.820.890.860.941.061.09
0.670.720.250.310.380.160.080.01

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Novo Nordisk A/S

Novo Nordisk A/S is a global pharmaceutical firm dedicated to the investigation, creation, manufacturing, and distribution of medicinal products across a vast international footprint. Its market presence extends throughout Europe, the Middle East, Africa, various parts of Asia (including Mainland China, Hong Kong, and Taiwan), and North America. The company's operations are structured into two principal business units: Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity Care division delivers therapies for diabetes, obesity, cardiovascular ailments, and other emerging therapeutic areas. Meanwhile, the Rare Disease division concentrates on providing treatments for rare blood disorders, uncommon endocrine conditions, and hormone replacement solutions. In addition to its core pharmaceutical offerings, Novo Nordisk produces specialized medical equipment such as insulin pens, growth hormone pens, and injection needles. It also pioneers smart digital solutions for diabetes management, including advanced insulin pens and the Dose Check application, designed to guide insulin dosage. The company engages in strategic alliances, notably a partnership with UNICEF to combat childhood obesity and a collaboration with Valo Health, Inc. to discover and advance novel drug pipelines in the cardiometabolic space. Founded in 1923, Novo Nordisk A/S is headquartered in Bagsvaerd, Denmark.

Bagsvaerd
77,406 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Maziar Mike Doustdar