Novo Nordisk A/S (NOVO-B) — Net Asset Quality Index

Latest as of December 2025: 35.7%

Novo Nordisk A/S (NOVO-B) has a Net Asset Quality Index of 35.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Dkr542.90 Billion minus total liabilities of Dkr348.86 Billion yields net assets of Dkr194.05 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Novo Nordisk A/S (NOVO-B) asset resilience to evaluate the company's liquid asset resilience ratio.

Quality Index

35.7%
Equity / Total Assets

Net Assets

Dkr194.05 Billion
DKK

Total Assets

Dkr542.90 Billion
DKK

Total Liabilities

Dkr348.86 Billion
DKK

Novo Nordisk A/S Net Asset Quality Index Over Time (1985–2025)

This chart shows how Novo Nordisk A/S's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the index stands at 35.7%, representing net assets of Dkr194.05 Billion against total assets of Dkr542.90 Billion DKK. See working capital to net assets of Novo Nordisk A/S to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Novo Nordisk A/S (1985–2025)

The table below presents the year-by-year Net Asset Quality Index for Novo Nordisk A/S from 1985 to 2025, covering 41 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Novo Nordisk A/S market capitalisation.

Year Quality Index Net Assets (DKK) Total Assets Total Liabilities Change (pp)
2025 35.7% Dkr194.05 Billion Dkr542.90 Billion Dkr348.86 Billion ▲ +4.9 pp
2024 30.8% Dkr143.49 Billion Dkr465.80 Billion Dkr322.31 Billion ▼ -3.1 pp
2023 33.9% Dkr106.56 Billion Dkr314.49 Billion Dkr207.93 Billion ▼ -0.7 pp
2022 34.6% Dkr83.49 Billion Dkr241.26 Billion Dkr157.77 Billion ▼ -1.8 pp
2021 36.4% Dkr70.75 Billion Dkr194.51 Billion Dkr123.76 Billion ▼ -7.3 pp
2020 43.7% Dkr63.33 Billion Dkr144.92 Billion Dkr81.60 Billion ▼ -2.2 pp
2019 45.8% Dkr57.59 Billion Dkr125.61 Billion Dkr68.02 Billion ▼ -0.9 pp
2018 46.8% Dkr51.84 Billion Dkr110.77 Billion Dkr58.93 Billion ▼ -1.9 pp
2017 48.7% Dkr49.81 Billion Dkr102.36 Billion Dkr52.54 Billion ▲ +2.3 pp
2016 46.4% Dkr45.27 Billion Dkr97.54 Billion Dkr52.27 Billion ▼ -4.8 pp
2015 51.2% Dkr46.97 Billion Dkr91.80 Billion Dkr44.83 Billion ▼ -1.1 pp
2014 52.3% Dkr40.29 Billion Dkr77.06 Billion Dkr36.77 Billion ▼ -8.2 pp
2013 60.5% Dkr42.57 Billion Dkr70.34 Billion Dkr27.77 Billion ▼ -1.4 pp
2012 61.9% Dkr40.63 Billion Dkr65.67 Billion Dkr25.04 Billion ▲ +4.0 pp
2011 57.9% Dkr37.45 Billion Dkr64.70 Billion Dkr27.25 Billion ▼ -2.3 pp
2010 60.2% Dkr36.97 Billion Dkr61.40 Billion Dkr24.44 Billion ▼ -5.1 pp
2009 65.3% Dkr35.73 Billion Dkr54.74 Billion Dkr19.01 Billion ▲ +0.1 pp
2008 65.2% Dkr33.06 Billion Dkr50.73 Billion Dkr17.67 Billion ▼ -2.2 pp
2007 67.4% Dkr32.22 Billion Dkr47.80 Billion Dkr15.57 Billion ▲ +0.0 pp
2006 67.4% Dkr30.13 Billion Dkr44.70 Billion Dkr14.57 Billion ▲ +1.5 pp
2005 65.9% Dkr27.59 Billion Dkr41.90 Billion Dkr14.30 Billion ▼ -4.9 pp
2004 70.8% Dkr26.69 Billion Dkr37.70 Billion Dkr11.01 Billion ▼ -2.5 pp
2003 73.3% Dkr25.29 Billion Dkr34.49 Billion Dkr9.19 Billion ▲ +0.5 pp
2002 72.8% Dkr22.90 Billion Dkr31.45 Billion Dkr8.56 Billion ▲ +3.1 pp
2001 69.7% Dkr20.08 Billion Dkr28.83 Billion Dkr8.75 Billion ▲ +5.7 pp
2000 64.0% Dkr15.75 Billion Dkr24.60 Billion Dkr8.86 Billion ▲ +4.0 pp
1999 60.0% Dkr18.63 Billion Dkr31.04 Billion Dkr12.41 Billion ▼ -6.0 pp
1998 66.0% Dkr18.04 Billion Dkr27.34 Billion Dkr9.30 Billion ▼ -4.8 pp
1997 70.8% Dkr18.17 Billion Dkr25.69 Billion Dkr7.51 Billion ▼ -5.4 pp
1996 76.1% Dkr16.02 Billion Dkr21.05 Billion Dkr5.02 Billion ▲ +4.6 pp
1995 71.6% Dkr14.42 Billion Dkr20.15 Billion Dkr5.72 Billion ▲ +9.4 pp
1994 62.2% Dkr13.13 Billion Dkr21.13 Billion Dkr8.00 Billion ▲ +0.0 pp
1993 62.1% Dkr11.95 Billion Dkr19.24 Billion Dkr7.29 Billion ▼ -0.8 pp
1992 62.9% Dkr10.56 Billion Dkr16.78 Billion Dkr6.22 Billion ▲ +0.7 pp
1991 62.2% Dkr9.50 Billion Dkr15.27 Billion Dkr5.77 Billion ▲ +6.0 pp
1990 56.2% Dkr7.03 Billion Dkr12.50 Billion Dkr5.47 Billion ▲ +2.6 pp
1989 53.7% Dkr6.26 Billion Dkr11.66 Billion Dkr5.40 Billion ▼ -6.2 pp
1988 59.9% Dkr5.53 Billion Dkr9.23 Billion Dkr3.70 Billion ▼ -2.6 pp
1987 62.5% Dkr5.17 Billion Dkr8.27 Billion Dkr3.10 Billion ▲ +12.5 pp
1986 50.0% Dkr4.07 Billion Dkr8.15 Billion Dkr4.08 Billion ▼ -16.8 pp
1985 66.8% Dkr4.92 Billion Dkr7.36 Billion Dkr2.45 Billion
pp = percentage points