Novo Nordisk (NVO) - Net assets

Net assets on the balance sheet as of September 2024 : A$27.90 Billion

According to Novo Nordisk's latest financial reports the company has A$27.90 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novo Nordisk - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$23.16 B	31.12%
2022-12-31	$A$17.66 B	18.92%
2021-12-31	$A$14.85 B	9.14%
2020-12-31	$A$13.61 B	10.38%
2019-12-31	$A$12.33 B	9.4%
2018-12-31	$A$11.27 B	9.6%
2017-12-31	$A$10.28 B	15.68%
2016-12-31	$A$8.89 B	-5.89%
2015-12-31	$A$9.44 B	17.5%
2014-12-31	$A$8.04 B	-8.99%
2013-12-31	$A$8.83 B	27.45%
2012-12-31	$A$6.93 B	8.97%
2011-12-31	$A$6.36 B	-2.03%
2010-12-31	$A$6.49 B	-15.25%
2009-12-31	$A$7.66 B	-12.91%
2008-12-31	$A$8.79 B	21.99%
2007-12-31	$A$7.21 B	6.43%
2006-12-31	$A$6.77 B	13.5%
2005-12-31	$A$5.97 B	-4.89%
2004-12-31	$A$6.27 B	9.08%
2003-12-31	$A$5.75 B	-1.5%
2002-12-31	$A$5.84 B	3.27%
2001-12-31	$A$5.65 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pfizer PFE	A$143.04 B	412.66%	🇺🇸 USA
Eli Lilly LLY	A$22.13 B	-20.68%	🇺🇸 USA
Bristol-Myers Squibb BMY	A$26.58 B	-4.73%	🇺🇸 USA
Sanofi SNY	A$120.93 B	333.42%	🇫🇷 France

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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