Novo Nordisk Denmark A/S

CVR 38180045 · Public limited company (A/S) · Active · Low risk

Novo Nordisk Denmark A/S is a Public limited company (A/S), founded on , based in København S. The company is registered in the industry engroshandel med medicinalvarer og sygeplejeartikler. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 134.6m and a net result of DKK 118.8m. CEO: Mads Wilhelm Øckenholt Larsen.

Bankruptcy risk for Novo Nordisk Denmark A/S

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
38180045
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Kay Fiskers Plads 10
2300 København S
Municipality
København
Industry
Engroshandel med medicinalvarer og sygeplejeartikler (464610)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
81 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio9.8%
Current ratio111%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address46
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 2.5bnDKK 2.4bnDKK 2.0bn
Gross profitDKK 497.5mDKK 564.4mDKK 473.5m
Net profitDKK 118.8mDKK 86.1mDKK 82.0m
EquityDKK 134.6mDKK 101.8mDKK 97.6m
Total assetsDKK 1.4bnDKK 1.1bnDKK 1.2bn
Short-term debtDKK 1.2bnDKK 913.5m–
Tax owedDKK 23.3mDKK 25.1m–
Avg. employees299294–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Auditor's report on audited financial statements · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023148
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021137
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 2018144
14 Nov 2016 – 31 Dec 2017123

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMads Wilhelm Øckenholt LarsenCurrent
CEOMads Veggerby Lausten
CEOKarsten Munk Knudsen
CEOSteffen Hillebrandt Thejls
CEOMorten Berger Engelund
CEOKasper Bødker Mejlvang
CEOJeppe Theisen
BoardJeppe TheisenCurrent
BoardDavid Marcus SvenssonCurrent
BoardMark Iain HickenCurrent
BoardOle Falvig Ramsby
BoardJesper Brandgaard
BoardLars Fruergaard Jørgensen
BoardOle Falvig Ramsby
BoardKarsten Munk Knudsen
BoardMatt Joseph Regan
BoardTomas Haagen
BoardKarsten Munk Knudsen
BoardMads Veggerby Lausten
BoardMatt Joseph Regan
BoardFrederik Kier
BoardMorten Berger Engelund
BoardJonas Emil Kongshøj Larsen
BoardMalin Eva Maria Andreasen
BoardAnders Rytter Mikkelsen
Owner (100%)NOVO NORDISK REGION EUROPE A/SCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderNOVO NORDISK REGION EUROPE A/SCurrent

The CEOs' other companies

Mads Wilhelm Øckenholt Larsen – 1 other companies

Mads Veggerby Lausten – 2 other companies

Karsten Munk Knudsen – 14 other companies

Address history (5 moves)

Kay Fiskers Plads 10, 2300 København S
Kay Fiskers Plads 10, 7., 2300 København S
Kay Fiskers Plads 10, 2300 København S
Ørestads Boulevard 108, 2300 København S
Arne Jacobsens Allé 17, 9., 2300 København S
c/o Novo Nordisk Region Europe A/S, Novo Alle 1, 2880 Bagsværd

Former names

Novo Nordisk Denmark A/S – now
Novo Nordisk Region Europe Pharmaceuticals A/S –

Employees per year

Number of employees at Novo Nordisk Denmark A/S per year41812017: 6420172018: 812018

Other companies at the same address

Similar companies in København

Questions and answers about Novo Nordisk Denmark A/S

Has Novo Nordisk Denmark A/S gone bankrupt?

No, Novo Nordisk Denmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Novo Nordisk Denmark A/S?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Novo Nordisk Denmark A/S?

Mads Wilhelm Øckenholt Larsen is the CEO of Novo Nordisk Denmark A/S.

Who is the auditor of Novo Nordisk Denmark A/S?

Novo Nordisk Denmark A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Novo Nordisk Denmark A/S founded?

Novo Nordisk Denmark A/S was founded on 14 November 2016.

What is the equity of Novo Nordisk Denmark A/S?

Equity was DKK 134.6m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.