Novo Nordisk A/S
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Novo Nordisk A/S's past years’ income statements indicate that its last revenue has increased compared to the previous period by 31% to $232,261,000,000. The net income raised on $83,683,000,000 and profit margin reached 36%. Total operating expenses were $93,922,000,000.
Profit Margin
| 2014 | 88.80B | 26.48B | 29.82% |
|---|---|---|---|
| 2015 | 107.92B | 34.86B | 32.3% |
| 2016 | 111.78B | 37.92B | 33.93% |
| 2017 | 111.69B | 38.13B | 34.14% |
| 2018 | 111.83B | 38.62B | 34.54% |
| 2019 | 122.02B | 38.95B | 31.92% |
| 2020 | 126.94B | 42.13B | 33.19% |
| 2021 | 140.8B | 47.75B | 33.92% |
| 2022 | 176.95B | 55.52B | 31.38% |
| 2023 | 232.26B | 83.68B | 36.03% |
NVO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 232.26B | 176.95B | 140.8B | 126.94B | 122.02B | 111.83B | 111.69B | 111.78B | 107.92B | 88.80B |
Cost of revenue | 35.76B | 28.44B | 23.65B | 20.93B | 20.08B | 17.61B | 17.63B | 17.18B | 16.18B | 14.56B |
Gross profit | 196.49B | 148.50B | 117.14B | 106.01B | 101.93B | 94.21B | 94.06B | 94.59B | 91.73B | 74.24B |
Operating exp. | ||||||||||
Research and development | 32.44B | 24.04B | 17.77B | 15.46B | 14.22B | 14.80B | 14.01B | 14.56B | 13.60B | 13.76B |
Selling and marketing | 56.74B | 46.21B | 37.00B | 32.92B | 31.82B | 29.39B | 28.34B | 28.37B | 28.31B | 23.22B |
Total operating expenses | 93.92B | 73.69B | 58.49B | 51.88B | 49.45B | 46.96B | 45.09B | 46.16B | 42.29B | 39.75B |
Operating income | 102.57B | 74.80B | 58.64B | 54.12B | 52.48B | 47.24B | 48.96B | 48.43B | 49.44B | 34.49B |
Other income (expenses), net | 2.1B | -5.74B | 436M | -996M | -3.93B | 473M | -287M | -536M | -5.96B | -396M |
Income before tax | 104.67B | 69.06B | 59.08B | 53.13B | 48.55B | 47.61B | 48.68B | 47.79B | 43.48B | 34.09B |
Income tax expense | 20.99B | 13.53B | 11.32B | 10.99B | 9.60B | 8.98B | 10.55B | 9.87B | 8.62B | 7.61B |
Net income | 83.68B | 55.52B | 47.75B | 42.13B | 38.95B | 38.62B | 38.13B | 37.92B | 34.86B | 26.48B |
Earnings per share | ||||||||||
Basic EPS | 18.62 | 12.26 | 10.4 | 9.03 | 8.2 | 7.98 | 7.71 | 7.5 | 13.56 | 10.1 |
Diluted EPS | 18.62 | 12.22 | 10.37 | 9 | 8.19 | 7.97 | 7.7 | 7.48 | 13.52 | 10.07 |
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