Balance Sheet - NOVO NORDISK A S (NVO)
$ (Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 26.96 | 26.31 | 30.23 | 23.57 | 17.49 | 2.10 | 2.32 | 15.64 | 21.16 | 20.70 | 20.47 | 15.91 | 14.47 | 16.11 | 17.50 | 16.05 | 12.83 | 10.18 | 7.38 | 5.10 |
| Accounts receivable, net | 75.70 | 87.41 | 75.26 | 57.51 | 46.80 | 4.61 | 3.86 | 26.89 | 23.55 | 24.20 | 17.74 | 15.79 | 11.61 | 12.55 | 11.67 | 10.94 | 9.13 | 8.72 | 7.31 | 6.50 |
| Inventories | 49.62 | 40.85 | 31.81 | 24.39 | 19.62 | 3.05 | 2.65 | 16.34 | 15.37 | 14.34 | 12.76 | 11.36 | 9.55 | 9.54 | 9.43 | 9.69 | 10.02 | 9.63 | 9.03 | 8.40 |
| Other current assets | 20.17 | 6.33 | 2.34 | 2.73 | 1.69 | 1.07 | 0.54 | 0.20 | 2.30 | 0.53 | 6.43 | 5.99 | 7.13 | 1.03 | 0.05 | 0.62 | 0.69 | 0.59 | 0.60 | 0.84 |
| Total current assets | 172.45 | 160.90 | 139.65 | 108.19 | 85.60 | 10.82 | 9.38 | 59.07 | 60.08 | 59.77 | 55.14 | 46.29 | 42.06 | 40.16 | 39.59 | 37.29 | 32.67 | 29.14 | 24.33 | 20.84 |
| Total non-current assets | 370.45 | 304.90 | 174.84 | 133.06 | 108.91 | 13.00 | 9.49 | 51.70 | 42.28 | 37.77 | 36.66 | 30.77 | 28.28 | 25.51 | 25.11 | 24.11 | 22.08 | 21.59 | 23.46 | 23.86 |
| Total assets | 542.90 | 465.80 | 314.49 | 241.26 | 194.51 | 23.82 | 18.87 | 110.77 | 102.36 | 97.54 | 91.80 | 77.06 | 70.34 | 65.67 | 64.70 | 61.40 | 54.74 | 50.73 | 47.80 | 44.70 |
| Total current liabilities | 215.66 | 217.53 | 169.66 | 120.94 | 99.52 | 11.55 | 8.86 | 54.16 | 47.06 | 47.44 | 40.87 | 33.69 | 24.23 | 21.64 | 20.78 | 18.48 | 13.42 | 12.99 | 10.66 | 10.16 |
| Total non-current liabilities | 133.19 | 104.78 | 38.27 | 36.83 | 24.25 | 1.86 | 1.36 | 4.77 | 5.48 | 4.83 | 3.96 | 3.08 | 3.54 | 3.40 | 6.47 | 5.96 | 5.59 | 4.68 | 4.91 | 4.41 |
| Total liabilities | 348.86 | 322.31 | 207.93 | 157.77 | 123.76 | 13.41 | 10.22 | 58.93 | 52.54 | 52.27 | 44.83 | 36.77 | 27.77 | 25.04 | 27.25 | 24.44 | 19.01 | 17.67 | 15.57 | 14.57 |
| Total stockholders' equity | 194.05 | 143.49 | 106.56 | 83.49 | 70.75 | 10.41 | 8.65 | 51.84 | 49.82 | 45.27 | 46.97 | 40.29 | 42.57 | 40.63 | 37.45 | 36.97 | 35.73 | 33.06 | 32.22 | 30.13 |
| Common shares outstanding | 4,448 | 4,463 | 4,495 | 4,545 | 4,606 | 4,680 | 4,757 | 4,849 | 4,956 | 5,070 | 5,157 | 5,260 | 5,387 | 5,517 | 5,701 | 5,855 | 6,043 | 6,226 | 6,357 | 6,459 |
Show Quarterly Balance Sheet
Balance Sheet - NOVO NORDISK A S (NVO)
$ (Billion, Million)| 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 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 21.63 | 26.96 | 32.58 | 18.93 | 41.55 | 26.31 | 74.88 | 9.00 | 9.30 | 30.23 | 6.76 | 5.33 | 4.05 | 23.57 | 4.94 | 4.36 | 3.01 | 17.49 | 5.52 | 4.34 | 1.21 | 2.10 | 4.01 | 3.75 | 1.44 | 2.32 | 18.76 | 14.46 | 9.06 | 15.64 | 16.40 | 18.39 | 10.51 | 18.85 | 19.14 | 21.33 | 17.77 | 20.70 | 16.58 | 15.22 | 8.85 | 20.47 | 17.51 | 11.84 | 7.19 | 15.91 | 13.62 | 6.52 | 5.17 | 14.47 | 13.48 | 11.12 | 11.22 | 16.11 | 17.55 | 12.39 | 13.30 | 17.50 | 17.91 | 16.49 | 14.60 | 16.05 | 12.99 | 11.98 | 10.18 | 12.83 | 11.86 | 9.95 | 9.31 | 10.18 | 8.79 | 8.77 | 7.38 | 7.38 | 6.04 | 5.56 | 4.83 | 5.10 | 5.02 | 4.84 | 4.39 |
| Accounts receivable, net | 100.27 | 75.70 | 92.37 | 85.84 | 86.37 | 87.41 | 69.50 | 9.55 | 71.75 | 75.26 | 7.69 | 9.39 | 7.53 | 57.51 | 6.34 | 5.90 | 5.88 | 46.80 | 4.71 | 4.22 | 4.73 | 4.61 | 3.90 | 3.91 | 4.69 | 3.86 | 26.52 | 27.00 | 24.65 | 26.89 | 21.57 | 22.33 | 18.65 | 23.55 | 20.15 | 20.86 | 19.67 | 24.20 | 20.19 | 15.76 | 16.50 | 15.49 | 13.57 | 14.21 | 14.65 | 15.79 | 16.26 | 16.78 | 10.48 | 10.91 | 9.72 | 14.88 | 14.43 | 13.58 | 13.83 | 14.07 | 13.42 | 12.61 | 9.52 | 10.10 | 9.69 | 9.15 | 9.01 | 9.31 | 8.87 | 7.86 | 9.40 | 9.87 | 9.42 | 8.72 | 9.10 | 8.22 | 8.05 | 7.31 | 8.34 | 8.43 | 7.48 | 6.50 | 7.31 | 7.38 | 6.58 |
| Inventories | 51.35 | 49.62 | 47.50 | 45.65 | 42.85 | 40.85 | 37.94 | 5.22 | 33.60 | 31.81 | 4.19 | 4.11 | 3.74 | 24.39 | 3.06 | 3.05 | 3.03 | 19.62 | 2.95 | 3.00 | 2.95 | 3.05 | 2.85 | 2.68 | 2.54 | 2.65 | 17.51 | 17.13 | 16.84 | 16.34 | 15.92 | 16.13 | 15.87 | 15.37 | 15.23 | 15.03 | 15.04 | 14.34 | 14.25 | 13.64 | 13.00 | 12.76 | 12.76 | 12.83 | 12.29 | 11.36 | 11.29 | 10.70 | 10.30 | 9.55 | 9.34 | 9.66 | 9.59 | 9.54 | 9.41 | 9.43 | 9.55 | 9.43 | 9.06 | 8.99 | 8.96 | 9.69 | 9.76 | 10.05 | 10.27 | 10.02 | 9.75 | 9.90 | 9.93 | 9.63 | 9.23 | 9.25 | 9.29 | 9.03 | 8.87 | 8.94 | 8.62 | 8.40 | 8.18 | 8.10 | 7.89 |
| Other current assets | 4.07 | 20.17 | 9.42 | 12.28 | 3.63 | 6.33 | 12.84 | 1.73 | 1.77 | 2.34 | 1.55 | 1.33 | 1.30 | 2.73 | 1.41 | 1.16 | 1.01 | 1.69 | 1.04 | 0.74 | 0.81 | 1.07 | 0.84 | 0.75 | 0.63 | 0.54 | 0.61 | 0.13 | 5.36 | 0.20 | 0.24 | 0.64 | 4.88 | 2.30 | 2.57 | 1.76 | 3.17 | 0.53 | 0.56 | 8.02 | 8.03 | 6.43 | 7.65 | 8.46 | 9.34 | 5.99 | 0.01 | 0.22 | 8.56 | 7.13 | 8.36 | 0.86 | 0.56 | 0.41 | 0.11 | 0.03 | 0.09 | 0.05 | 2.31 | 2.29 | 2.22 | 2.40 | 2.16 | 2.44 | 2.07 | 1.96 | 0.32 | 0.21 | 0.23 | 0.59 | 0.31 | 0.00 | 0.62 | 0.60 | 0.36 | 0.01 | 0.01 | 0.84 | 0.01 | -0.01 | 0.01 |
| Total current assets | 177.32 | 172.45 | 181.88 | 162.71 | 174.40 | 160.90 | 195.16 | 25.51 | 116.42 | 139.65 | 20.19 | 20.15 | 16.62 | 108.19 | 15.74 | 14.48 | 12.94 | 85.60 | 14.22 | 12.30 | 9.70 | 10.82 | 11.61 | 11.09 | 9.29 | 9.38 | 63.40 | 58.72 | 52.73 | 59.07 | 54.14 | 57.50 | 49.92 | 60.08 | 57.09 | 58.97 | 55.65 | 59.77 | 51.58 | 52.63 | 46.38 | 55.14 | 51.49 | 47.34 | 43.46 | 46.29 | 41.17 | 34.22 | 34.51 | 42.06 | 40.91 | 36.53 | 35.80 | 40.16 | 40.90 | 35.92 | 36.35 | 39.59 | 38.79 | 37.88 | 35.47 | 37.29 | 33.92 | 33.78 | 31.38 | 32.67 | 31.01 | 29.73 | 28.66 | 29.14 | 27.12 | 26.23 | 24.73 | 24.33 | 23.25 | 22.93 | 20.93 | 20.84 | 20.52 | 20.31 | 18.87 |
| Total non-current assets | 381.90 | 370.45 | 330.41 | 319.45 | 314.77 | 304.90 | 202.28 | 27.58 | 182.50 | 174.84 | 22.42 | 20.98 | 19.85 | 133.06 | 16.25 | 16.30 | 16.54 | 108.91 | 12.92 | 12.91 | 12.64 | 13.00 | 10.44 | 9.42 | 9.27 | 9.49 | 61.51 | 59.19 | 57.40 | 51.70 | 47.76 | 45.75 | 43.64 | 42.28 | 40.80 | 38.85 | 38.57 | 37.77 | 35.76 | 35.64 | 35.99 | 36.66 | 33.71 | 33.98 | 34.00 | 30.77 | 30.11 | 29.47 | 28.74 | 28.28 | 27.23 | 27.76 | 26.65 | 25.51 | 25.73 | 25.06 | 24.86 | 25.11 | 23.22 | 23.65 | 23.53 | 24.11 | 23.24 | 23.27 | 22.77 | 22.08 | 21.58 | 21.52 | 21.54 | 21.59 | 21.83 | 22.27 | 22.76 | 23.46 | 25.15 | 25.40 | 23.82 | 23.86 | 23.25 | 22.85 | 22.45 |
| Total assets | 559.22 | 542.90 | 512.29 | 482.15 | 489.16 | 465.80 | 397.44 | 53.09 | 298.92 | 314.49 | 42.61 | 41.14 | 36.47 | 241.26 | 31.99 | 30.78 | 29.49 | 194.51 | 27.13 | 25.21 | 22.34 | 23.82 | 22.05 | 20.51 | 18.56 | 18.87 | 124.91 | 117.91 | 110.14 | 110.77 | 101.90 | 103.25 | 93.56 | 102.36 | 97.89 | 97.83 | 94.21 | 97.54 | 87.34 | 88.27 | 82.37 | 91.80 | 85.20 | 81.31 | 77.46 | 77.06 | 71.28 | 63.68 | 63.24 | 70.34 | 68.13 | 64.29 | 62.45 | 65.67 | 66.62 | 60.98 | 61.21 | 64.70 | 62.01 | 61.53 | 59.00 | 61.40 | 57.16 | 57.05 | 54.16 | 54.74 | 52.59 | 51.25 | 50.21 | 50.73 | 48.95 | 48.50 | 47.49 | 47.80 | 48.41 | 48.33 | 44.75 | 44.70 | 43.77 | 43.17 | 41.31 |
| Total current liabilities | 225.16 | 215.66 | 234.36 | 207.52 | 236.12 | 217.53 | 208.36 | 27.01 | 165.61 | 169.66 | 24.50 | 22.95 | 19.25 | 120.94 | 17.16 | 15.42 | 14.30 | 99.52 | 13.77 | 11.61 | 11.44 | 11.55 | 11.18 | 10.14 | 9.29 | 8.86 | 63.09 | 56.60 | 54.76 | 54.16 | 49.43 | 49.18 | 44.17 | 47.06 | 45.13 | 43.82 | 48.90 | 47.44 | 41.59 | 41.53 | 41.07 | 40.87 | 38.52 | 38.59 | 41.99 | 33.69 | 30.03 | 23.75 | 26.40 | 24.23 | 25.66 | 25.42 | 25.63 | 21.64 | 26.23 | 23.85 | 21.99 | 20.78 | 20.36 | 18.60 | 18.25 | 18.48 | 16.93 | 18.29 | 15.52 | 13.42 | 12.94 | 12.48 | 14.14 | 12.99 | 12.31 | 11.03 | 11.59 | 10.66 | 10.76 | 10.55 | 10.65 | 10.16 | 11.49 | 10.23 | 10.51 |
| Total non-current liabilities | 131.00 | 133.19 | 108.03 | 106.57 | 114.51 | 104.78 | 68.56 | 9.91 | 34.40 | 38.27 | 4.91 | 4.93 | 5.57 | 36.83 | 4.73 | 4.90 | 5.23 | 24.25 | 3.06 | 3.15 | 1.66 | 1.86 | 1.48 | 1.32 | 1.27 | 1.36 | 8.87 | 8.23 | 8.06 | 4.77 | 4.96 | 4.99 | 5.15 | 5.48 | 5.82 | 5.57 | 5.01 | 4.83 | 4.42 | 4.16 | 4.01 | 3.96 | 3.56 | 3.61 | 3.36 | 3.08 | 3.29 | 3.27 | 3.26 | 3.54 | 3.35 | 3.51 | 3.02 | 3.40 | 4.73 | 5.79 | 6.86 | 6.47 | 6.23 | 5.96 | 5.98 | 5.96 | 5.97 | 5.13 | 5.72 | 5.59 | 4.78 | 4.69 | 4.72 | 4.68 | 4.50 | 4.41 | 4.68 | 4.91 | 4.49 | 4.29 | 4.41 | 4.41 | 3.97 | 4.02 | 3.76 |
| Total liabilities | 356.16 | 348.86 | 342.39 | 314.09 | 350.62 | 322.31 | 276.92 | 36.91 | 200.01 | 207.93 | 29.41 | 27.88 | 24.82 | 157.77 | 21.89 | 20.31 | 19.53 | 123.76 | 16.83 | 14.76 | 13.10 | 13.41 | 12.66 | 11.46 | 10.57 | 10.22 | 71.96 | 64.82 | 62.82 | 58.93 | 54.38 | 54.17 | 49.32 | 52.54 | 50.95 | 49.39 | 53.91 | 52.27 | 46.01 | 45.68 | 45.08 | 44.83 | 42.09 | 42.20 | 45.35 | 36.77 | 33.32 | 27.02 | 29.66 | 27.77 | 29.01 | 28.93 | 28.65 | 25.04 | 30.96 | 29.64 | 28.85 | 27.25 | 26.59 | 24.56 | 24.23 | 24.44 | 22.90 | 23.41 | 21.24 | 19.01 | 17.72 | 17.16 | 18.86 | 17.67 | 16.80 | 15.44 | 16.27 | 15.57 | 15.26 | 14.84 | 15.07 | 14.57 | 15.46 | 14.24 | 14.26 |
| Total stockholders' equity | 203.07 | 194.05 | 169.90 | 168.07 | 138.54 | 143.49 | 120.52 | 16.17 | 98.91 | 106.56 | 13.20 | 13.26 | 11.65 | 83.49 | 10.10 | 10.47 | 9.95 | 70.75 | 10.30 | 10.46 | 9.24 | 10.41 | 9.38 | 9.05 | 8.00 | 8.65 | 52.95 | 53.09 | 47.32 | 51.84 | 47.51 | 49.08 | 44.24 | 49.82 | 46.95 | 48.44 | 40.30 | 45.27 | 41.33 | 42.59 | 37.28 | 46.97 | 43.11 | 39.11 | 32.11 | 40.29 | 37.97 | 36.66 | 33.58 | 42.57 | 39.13 | 35.36 | 33.80 | 40.63 | 35.66 | 31.33 | 32.36 | 37.45 | 35.43 | 36.97 | 34.77 | 36.97 | 34.26 | 33.64 | 32.92 | 35.73 | 34.87 | 34.09 | 31.35 | 33.06 | 32.15 | 33.06 | 31.22 | 32.22 | 33.15 | 33.49 | 29.68 | 30.13 | 28.30 | 28.93 | 27.05 |
| Common shares outstanding | 4,449 | 4,448 | 4,447 | 4,447 | 4,446 | 4,461 | 4,461 | 4,465 | 4,471 | 4,477 | 4,489 | 4,503 | 4,513 | 4,523 | 4,537 | 4,552 | 4,567 | 4,586 | 4,595 | 4,613 | 4,631 | 4,656 | 4,670 | 4,690 | 4,710 | 4,733 | 4,746 | 4,767 | 4,781 | 4,844 | 4,838 | 4,862 | 4,885 | 4,947 | 4,939 | 4,912 | 5,000 | 5,034 | 5,062 | 5,082 | 5,100 | 5,150 | 5,144 | 5,168 | 5,208 | 5,252 | 5,244 | 5,275 | 5,306 | 5,347 | 5,363 | 5,405 | 5,447 | 5,460 | 5,478 | 5,524 | 5,800 | 5,691 | 5,681 | 5,738 | 5,767 | 5,811 | 5,823 | 5,889 | 5,930 | 5,986 | 6,014 | 6,079 | 5,952 | 6,206 | 6,186 | 6,263 | 6,264 | 6,360 | 6,364 | 6,402 | 6,393 | 6,448 | 6,436 | 6,490 | 6,504 |