Company data sheet · Novo Nordisk

Novo Nordisk: growth far beyond its economy.

Industry
Pharmaceutical Preparations Manufacturing
Headquarters
Denmark
Ticker
NVO (NYSE)
Sources
SEC filings (2001–2026), Stratrix's verified Decision Cases, market data and official economic statistics for Denmark
Data as of
October 18, 2026
  1. It outgrew its own economy many times over. Revenue rose from DKK 122 billion in 2019 to DKK 309 billion in 2025: 2.5 times as much. Denmark's economy, counted the same way in money terms, grew about 35%. Whatever drove it, the economy around it does not account for growth of that size.
  2. Two decisions on record. Stratrix has verified two of Novo Nordisk's big decisions, each with what happened next.

Financial results

Fiscal yearRevenueNet income
2019DKK 122 billionDKK 39 billion
2020DKK 127 billionDKK 42.1 billion
2021DKK 141 billionDKK 47.8 billion
2022DKK 177 billionDKK 55.5 billion
2023DKK 232 billionDKK 83.7 billion
2024DKK 290 billionDKK 101 billion
2025DKK 309 billionDKK 102 billion

As reported in its annual filings, in DKK. Losses in red.

Stratrix Decision Cases

The full data sheet · Data Plan

Everything behind these findings, ready for your board deck.

  • Economic context: 6 measures for Denmark, every year since 2016, from the official sources.
  • Peer comparison: against 264 companies of its size in its sector.
  • Financial results: ten years of revenue, operating and net income, and every annual report, linked.
  • Methods and sources, so each number can be checked and cited.

The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.