Net Assets for Novo Nordisk (NVO)
According to Novo Nordisk's latest reported financial statements, the company's latest reported net assets is $194.05B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

NVO
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Latest period
$194.05B
YoY change
+35.2%
5Y CAGR
+79.5%
Peak year (2025)
$194.05B
Latest annual
$194.05B
Net Assets history chart for Novo Nordisk (NVO) from 1985 to 2025
Net Assets history table for Novo Nordisk (NVO) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $194.05B | +35.2% | ||
| 2024 | $143.49B | +34.7% | ||
| 2023 | $106.56B | +27.6% | ||
| 2022 | $83.49B | +18.0% | ||
| 2021 | $70.75B | +579.6% | ||
| 2020 | $10.41B | +20.3% | ||
| 2019 | $8.65B | -83.3% | ||
| 2018 | $51.84B | +4.1% | ||
| 2017 | $49.81B | +10.0% | ||
| 2016 | $45.27B | -3.6% | ||
| 2015 | $46.97B | +16.6% | ||
| 2014 | $40.29B | -5.3% | ||
| 2013 | $42.57B | +4.8% | ||
| 2012 | $40.63B | +8.5% | ||
| 2011 | $37.45B | +1.3% | ||
| 2010 | $36.97B | +3.4% | ||
| 2009 | $35.73B | +8.1% | ||
| 2008 | $33.06B | +2.6% | ||
| 2007 | $32.22B | +7.0% | ||
| 2006 | $30.13B | +9.2% | ||
| 2005 | $27.59B | +3.4% | ||
| 2004 | $26.69B | +5.5% | ||
| 2003 | $25.29B | +10.5% | ||
| 2002 | $22.90B | +14.0% | ||
| 2001 | $20.08B | +27.5% | ||
| 2000 | $15.75B | -15.1% | ||
| 1999 | $18.56B | +3.3% | ||
| 1998 | $17.97B | -0.8% | ||
| 1997 | $18.12B | +13.1% | ||
| 1996 | $16.01B | +11.1% | ||
| 1995 | $14.41B | +9.7% | ||
| 1994 | $13.13B | +9.9% | ||
| 1993 | $11.95B | +13.2% | ||
| 1992 | $10.56B | +11.1% | ||
| 1991 | $9.50B | +35.2% | ||
| 1990 | $7.03B | +12.3% | ||
| 1989 | $6.26B | +13.3% | ||
| 1988 | $5.53B | +7.0% | ||
| 1987 | $5.17B | +26.8% | ||
| 1986 | $4.07B | -17.1% | ||
| 1985 | $4.92B | — |
Net Assets values are taken from Novo Nordisk's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in DKK as filed.
Analysis
Novo Nordisk (NVO) most recent annual net assets stands at $194.05B (2025) – surged 35.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Novo Nordisk net assets compounded at +79.5% per year, sustaining 6 straight years of year-over-year growth.
$194.05B stands as the all-time-high annual net assets, posted in 2025, against a low of $4.07B during 1986.
Within Healthcare, Novo Nordisk (NVO) ranks 1st among 8 peers we track. The peer median for net assets is $50.64B.
Novo Nordisk Net Assets by Year
Novo Nordisk Net Assets 2025: $194.05B
Novo Nordisk net assets in 2025 was $194.05B, surged 35.2% from 2024. This figure represents the highest annual value in the available history.
Novo Nordisk Net Assets 2024: $143.49B
Novo Nordisk net assets in 2024 was $143.49B, surged 34.7% from 2023.
Novo Nordisk Net Assets 2023: $106.56B
Novo Nordisk net assets in 2023 was $106.56B, grew 27.6% from 2022.
Novo Nordisk Net Assets 2022: $83.49B
Novo Nordisk net assets in 2022 was $83.49B, grew 18.0% from 2021.
Novo Nordisk Net Assets 2021: $70.75B
Novo Nordisk net assets in 2021 was $70.75B.
See more financial history for Novo Nordisk (NVO).
Sector peers — Net Assets
Companies in the same sector as Novo Nordisk, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| UnitedHealth Group Incorporated (UNH) | $94.11B | Healthcare |
| Johnson & Johnson (JNJ) | $81.54B | Healthcare |
| Thermo Fisher Scientific Inc. (TMO) | $53.41B | Healthcare |
| Merck & Co., Inc. (MRK) | $52.61B | Healthcare |
| AstraZeneca PLC (AZN) | $48.67B | Healthcare |
| Eli Lilly and Company (LLY) | $26.54B | Healthcare |
| Amgen Inc. (AMGN) | $8.66B | Healthcare |
| AbbVie Inc. (ABBV) | -$3.27B | Healthcare |
Frequently asked questions
What is Novo Nordisk's net assets?
- Latest reported net assets for Novo Nordisk (NVO) is $194.05B (period ending December 31, 2025).
How has Novo Nordisk net assets changed year-over-year?
- Novo Nordisk (NVO) net assets changed +35.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Novo Nordisk net assets?
- Novo Nordisk (NVO) net assets compound annual growth rate is +79.5% over the most recent 5 years available.
When did Novo Nordisk net assets hit its highest annual value?
- Novo Nordisk net assets reached its highest annual value of $194.05B in 2025.
What was Novo Nordisk net assets in 2024?
- Novo Nordisk (NVO) net assets in 2024 was $143.49B.
What was Novo Nordisk net assets in 2025?
- Novo Nordisk (NVO) net assets in 2025 was $194.05B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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