Novo Nordisk A/S Net Asset Quality Index
Novo Nordisk A/S net asset quality index. 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 how high is Novo Nordisk A/S's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Novo Nordisk A/S (1985–2025)
Net asset quality index of Novo Nordisk A/S from 1985 to 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 Novo Nordisk A/S net assets for net asset value and shareholders' equity analysis.
Novo Nordisk A/S Net Asset Quality Index by Year (1985–2025)
Novo Nordisk A/S net asset quality index by year from 1985 to 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 live market cap and overall valuation, see Novo Nordisk A/S (NOVO-B) total market value.
| 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 | — |