Total liabilities · 2016–2025

Novo Nordisk A S total liabilities

$54.9B+22.3% · FY2025

Novo Nordisk A S (NVO) reported $54.9B in total liabilities for fiscal 2025, +22.3% year on year.

$7.4B2016$8.5B2017$9.0B2018$10.2B2019$13.5B2020$18.8B2021$22.6B2022$30.8B2023$44.9B2024$54.9B2025
Novo Nordisk A S — Total liabilities, 2016–2025
Fiscal yearTotal liabilitiesChangeFiling
FY20252025-12-31$54.9B+22.3%Open →
FY20242024-12-31$44.9B+45.6%Open →
FY20232023-12-31$30.8B+36.2%Open →
FY20222022-12-31$22.6B+20.0%Open →
FY20212021-12-31$18.8B+40.1%Open →
FY20202020-12-31$13.5B+31.6%Open →
FY20192019-12-31$10.2B+13.2%Open →
FY20182018-12-31$9.0B+6.8%Open →
FY20172017-12-31$8.5B+14.2%Open →
FY20162016-12-31$7.4B—Open →

Total liabilities — Total liabilities is everything the company owes at the balance-sheet date — debt, payables, deferred revenue and provisions together. Where a filer does not tag it, we calculate it as total assets minus total equity and label the figure as calculated.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +24.9%

Figures are reported under IFRS in DKK and converted to US dollars at ECB reference rates — fiscal 2025 average 6.605 DKK/$ for income items, year-end 6.357 DKK/$ for balance-sheet items.

Total liabilities at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Novo Nordisk A S total liabilities |url=https://companiesranked.com/en/company/novo-nordisk-a-s/total-liabilities |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Novo Nordisk A S total liabilities. CompaniesRanked. https://companiesranked.com/en/company/novo-nordisk-a-s/total-liabilities

BibTeX

@misc{companiesranked-en-company-novo-nordisk-a-s-total-liabilities-2026,
  author       = {{CompaniesRanked}},
  title        = {{Novo Nordisk A S total liabilities}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/novo-nordisk-a-s/total-liabilities}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0000353278-26-000012 · February 4, 2026

{{cite web |title=Novo Nordisk A S total liabilities — 20-F (0000353278-26-000012) |url=https://www.sec.gov/Archives/edgar/data/353278/000035327826000012/nvo-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-04}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

← Novo Nordisk A S overview