← NOVO NORDISK A S

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Inventories — — — — $18.5b $19.6b $24.4b $31.8b $40.8b $49.6b
Other receivables and prepayments — — — — $4.2b $5.0b $6.0b $8.1b $12.6b $13.5b
Tax receivables — — — — $289.0m $1.1b $940.0m $2.4b $2.9b $4.8b
Trade receivables — — — — $27.7b $40.6b $50.6b $64.8b $71.9b $70.9b
Total current assets — — — — $65.8b $85.6b $108.2b $139.6b $160.9b $172.5b
Property, plant and equipment — — — — $50.3b $55.4b $66.7b $91.0b $162.5b $208.4b
Goodwill — — — — — — — — $15.3b $19.8b
Intangible Assets Other Than Goodwill $2.7b $3.3b $5.1b $5.8b $20.7b $43.2b $51.4b $60.4b $111.1b $110.2b
Intangible assets — — — — $20.7b $43.2b $51.4b $60.4b $111.1b $110.2b
Additional Financial Items
Allowance Account For Credit Losses Of Financial Assets $1.2b $1.3b — — — — — — — —
Borrowings — — — — $7.5b $13.7b $1.5b $6.5b $13.1b $12.0b
Cash at bank — — — — $12.8b $10.7b $12.7b $14.4b $15.7b $26.5b
Current Financial Assets At Fair Value Through Profit Or Loss — — — — — — — — $10.7b $498.0m
Current Tax Assets Current $1.6b $958.0m $1.0b $806.0m $289.0m $1.1b $940.0m $2.4b $2.9b $4.8b
Current Tax Liabilities Current $4.0b $4.2b $4.6b $4.2b $3.9b $3.7b $7.1b $7.1b $9.7b $8.4b
Current Value Added Tax Payables $1.1b $1.2b $433.0m — — — — — — —
Decrease Increase Through Tax On Share-Based Payment Transactions ($85.0m) ($18.0m) $5.0m ($18.0m) ($31.0m) ($245.0m) ($287.0m) ($94.0m) ($770.0m) ($106.0m)
Deferred Tax Assets $2.7b $1.9b $2.9b $4.1b $5.9b $8.7b $13.4b $20.4b $24.6b $23.6b
Deferred income tax assets — — — — $5.9b $8.7b $13.4b $20.4b $24.6b $23.6b
Derivative financial instruments — — — — $1.4b $2.2b $2.9b $1.3b $7.5b $2.0b
Investments in associated companies — — — — $582.0m $525.0m $327.0m $410.0m $400.0m $366.0m
Issued Capital $510.0m $500.0m $490.0m $480.0m $470.0m $462.0m $456.0m $451.0m $446.0m $446.0m
Liabilities for product returns — — — — $34.8b $51.5b $70.3b $100.5b $120.3b $374.0m
Marketable securities — — — — $0 $6.8b $10.9b $15.8b $10.7b $498.0m
Other financial assets — — — — $1.1b $916.0m $1.0b $1.3b $2.3b $2.1b
Other liabilities — — — — $17.0b $19.6b $23.6b $28.7b $38.0b $39.7b
Other reserves — — — — ($911.0m) ($1.7b) $2.4b $1.3b ($1.4b) ($1.7b)
Provisions — — — — $4.5b $4.4b $4.6b $6.6b $8.8b $5.7b
Rent Deferred Income Classified As Current $200.0m $300.0m $321.0m — — — — — — —
Retirement benefit obligations — — — — $1.4b $1.3b $762.0m $742.0m $903.0m $861.0m
Sales deductions and product returns — — — — — — — — $134.5b $133.3b
Share capital — — — — $470.0m $462.0m $456.0m $451.0m $446.0m $446.0m
Tax payables — — — — $3.9b $3.7b $7.1b $7.1b $9.7b $8.4b
Trade payables — — — — $5.7b $8.9b $15.6b $25.6b $28.8b $19.8b
Treasury shares — — — — ($8.0m) ($6.0m) ($6.0m) ($5.0m) ($2.0m) ($2.0m)
Unused Tax Losses For Which No Deferred Tax Asset Recognised $73.0m $93.0m $90.0m $144.0m $628.0m $166.0m $456.0m $360.0m $602.0m $1.4b
Total equity — — — — $63.3b $70.7b $83.5b $106.6b $143.5b $194.0b
Total equity and liabilities — — — — $144.9b $194.5b $241.3b $314.5b $465.8b $542.9b
Total non-current assets — — — — $79.1b $108.9b $133.1b $174.8b $304.9b $370.4b
Total non-current liabilities — — — — $11.3b $24.2b $36.8b $38.3b $104.8b $133.2b
Total Assets $97.5b $102.4b $110.8b $125.6b $144.9b $194.5b $241.3b $314.5b $465.8b $542.9b
LIABILITIES AND EQUITY
Total current liabilities — — — — $70.3b $99.5b $120.9b $169.7b $217.5b $215.7b
Deferred Tax Liabilities $13.0m $846.0m $118.0m $80.0m $2.5b $5.3b $7.1b $10.2b $5.4b $6.6b
Deferred Tax Liability Asset ($2.7b) ($1.1b) ($2.8b) ($4.0b) ($3.4b) ($3.4b) ($6.4b) ($10.2b) ($19.2b) ($17.0b)
Deferred income tax liabilities — — — — $2.5b $5.3b $7.1b $10.2b $5.4b $6.6b
Increase Decrease Through Business Combinations Deferred Tax Liability Asset — — — — $276.0m ($3.5b) ($1.2b) $62.0m $1.1b $1.5b
Increase Decrease Through Net Exchange Differences Deferred Tax Liability Asset ($12.0m) $136.0m $20.0m ($15.0m) $307.0m ($376.0m) ($212.0m) $219.0m ($581.0m) $1.8b
Total Liabilities $52.3b $52.5b $58.9b $68.0b $81.6b $123.8b $157.8b $207.9b $322.3b $348.9b
Retained earnings — — — — $63.8b $72.0b $80.6b $104.8b $144.4b $195.3b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.