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Total Liabilities for Novo Nordisk (NVO)

According to Novo Nordisk's latest reported financial statements, the company's latest reported total liabilities is $348.86B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

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Latest period

$348.86B

YoY change

+8.2%

5Y CAGR

+91.9%

Peak year (2025)

$348.86B

Latest annual

$348.86B

Total Liabilities history chart for Novo Nordisk (NVO) from 1985 to 2025

Total Liabilities history table for Novo Nordisk (NVO) from 1985 to 2025

Fiscal yearPeriod endedReportedTotal LiabilitiesYoY
2025$348.86B+8.2%
2024$322.31B+55.0%
2023$207.93B+31.8%
2022$157.77B+27.5%
2021$123.76B+822.7%
2020$13.41B+31.3%
2019$10.22B-82.7%
2018$58.93B+12.2%
2017$52.54B+0.5%
2016$52.27B+16.6%
2015$44.83B+21.9%
2014$36.77B+32.4%
2013$27.77B+10.9%
2012$25.04B-8.1%
2011$27.25B+11.5%
2010$24.44B+28.6%
2009$19.01B+7.6%
2008$17.67B+13.5%
2007$15.57B+6.9%
2006$14.57B+1.8%
2005$14.30B+29.9%
2004$11.01B+19.7%
2003$9.19B+7.4%
2002$8.56B-2.2%
2001$8.75B-1.2%
2000$8.86B-28.7%
1999$12.41B+33.4%
1998$9.30B+23.9%
1997$7.51B+49.5%
1996$5.02B-12.3%
1995$5.72B-28.4%
1994$8.00B+9.8%
1993$7.29B+17.1%
1992$6.22B+7.8%
1991$5.77B+5.5%
1990$5.47B+1.3%
1989$5.40B+46.0%
1988$3.70B+19.3%
1987$3.10B-23.9%
1986$4.08B+66.6%
1985$2.45B

Total Liabilities 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

2025's annual total liabilities for Novo Nordisk (NVO) came in at $348.86B – grew 8.2% year-over-year.

Novo Nordisk total liabilities compound annual growth for the 2020–2025 (5 years) window is +91.9%, with the latest reading among the more recent periods of the dataset.

$348.86B stands as the all-time-high annual total liabilities, posted in 2025, against a low of $2.45B during 1985.

Novo Nordisk (NVO) sits 1st of 8 Healthcare peers we track on this metric, against a peer median of $85.07B.

Novo Nordisk Total Liabilities by Year

Novo Nordisk Total Liabilities 2025: $348.86B

Novo Nordisk total liabilities in 2025 was $348.86B, grew 8.2% from 2024. This figure represents the highest annual value in the available history.

Novo Nordisk Total Liabilities 2024: $322.31B

Novo Nordisk total liabilities in 2024 was $322.31B, surged 55.0% from 2023.

Novo Nordisk Total Liabilities 2023: $207.93B

Novo Nordisk total liabilities in 2023 was $207.93B, surged 31.8% from 2022.

Novo Nordisk Total Liabilities 2022: $157.77B

Novo Nordisk total liabilities in 2022 was $157.77B, grew 27.5% from 2021.

Novo Nordisk Total Liabilities 2021: $123.76B

Novo Nordisk total liabilities in 2021 was $123.76B.

See more financial history for Novo Nordisk (NVO).

Sector peers — Total Liabilities

Companies in the same sector as Novo Nordisk, ranked by their latest total liabilities.

CompanyTotal LiabilitiesSector
UnitedHealth Group Incorporated (UNH)$207.88BHealthcare
AbbVie Inc. (ABBV)$137.19BHealthcare
Johnson & Johnson (JNJ)$117.67BHealthcare
Eli Lilly and Company (LLY)$85.94BHealthcare
Merck & Co., Inc. (MRK)$84.20BHealthcare
Amgen Inc. (AMGN)$81.93BHealthcare
AstraZeneca PLC (AZN)$65.36BHealthcare
Thermo Fisher Scientific Inc. (TMO)$56.81BHealthcare

Frequently asked questions

What is Novo Nordisk's total liabilities?

Latest reported total liabilities for Novo Nordisk (NVO) is $348.86B (period ending December 31, 2025).

How has Novo Nordisk total liabilities changed year-over-year?

Novo Nordisk (NVO) total liabilities changed +8.2% year-over-year on the latest annual filing.

What is the long-term growth rate of Novo Nordisk total liabilities?

Novo Nordisk (NVO) total liabilities compound annual growth rate is +91.9% over the most recent 5 years available.

When did Novo Nordisk total liabilities hit its highest annual value?

Novo Nordisk total liabilities reached its highest annual value of $348.86B in 2025.

What was Novo Nordisk total liabilities in 2024?

Novo Nordisk (NVO) total liabilities in 2024 was $322.31B.

What was Novo Nordisk total liabilities in 2025?

Novo Nordisk (NVO) total liabilities in 2025 was $348.86B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.