NOVO NORDISK PRODUCTION SAS : revenue, balance sheet and financial ratios

NOVO NORDISK PRODUCTION SAS is a French company founded 22 years ago, specialized in the sector Fabrication de préparations pharmaceutiques. Based in CHARTRES (28000), this company of category ETI shows in 2024 a revenue of 236.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - NOVO NORDISK PRODUCTION SAS (SIREN 451375638)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 236 686 849 € 233 749 036 € 185 036 284 € 168 336 517 € 166 790 168 € 167 632 843 € 163 023 323 € 158 857 799 € 164 813 820 €
Net income 19 905 797 € 20 110 198 € 14 367 764 € 13 673 277 € 16 453 319 € 14 198 076 € 14 719 055 € 14 701 184 € 15 575 981 €
EBITDA 46 398 662 € 53 969 603 € 48 340 189 € 43 992 023 € 46 514 440 € 46 862 568 € 46 354 656 € 44 433 938 € 45 960 684 €
Net margin 8.4% 8.6% 7.8% 8.1% 9.9% 8.5% 9.0% 9.3% 9.5%

Revenue and income statement

In 2024, NOVO NORDISK PRODUCTION SAS achieves revenue of 236.7 M€. Revenue is growing positively over 9 years (CAGR: +4.6%). Vs 2023: +1%. After deducting consumption (-3.4 M€), gross margin stands at 240.1 M€, i.e. a rate of 101%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 46.4 M€, representing 19.6% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -14%, reducing margin by 3.5 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 19.9 M€, i.e. 8.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

236 686 849 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

240 092 428 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

46 398 662 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

22 917 343 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

19 905 797 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

19.6%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 83%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 19.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

83.495%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

19.801%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

68.9%

Solvency indicators evolution
NOVO NORDISK PRODUCTION SAS

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 5.92
Q3: 43.75
Excellent

In 2024, the debt ratio of NOVO NORDISK PRODUCTION SAS (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
83.5% 2024
2022
2023
2024
Q1: 28.05%
Med: 51.52%
Q3: 72.2%
Excellent +9 pts over 3 years

In 2024, the financial autonomy of NOVO NORDISK PRODUCTION SAS (83.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 1.74 years
Excellent

In 2024, the repayment capacity of NOVO NORDISK PRODUCTION SAS (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 278.33. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

278.331

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.778

Liquidity indicators evolution
NOVO NORDISK PRODUCTION SAS

Sector positioning

Liquidity ratio
278.33 2024
2022
2023
2024
Q1: 120.09
Med: 209.86
Q3: 363.93
Good +46 pts over 3 years

In 2024, the liquidity ratio of NOVO NORDISK PRODUCTION SAS (278.33) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.78x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.78x
Q3: 10.15x
Average -9 pts over 3 years

In 2024, the interest coverage of NOVO NORDISK PRODUCTION SAS (0.8x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 626 days. Excellent situation: suppliers finance 600 days of the operating cycle (retail model). Inventory turnover is 30 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 708 days of revenue, i.e. 465.6 M€ to permanently finance. Over 2016-2024, WCR increased by +849%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

465 645 872 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

26 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

626 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

30 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

708 j

WCR and payment terms evolution
NOVO NORDISK PRODUCTION SAS

Positioning of NOVO NORDISK PRODUCTION SAS in its sector

Comparison with sector Fabrication de préparations pharmaceutiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (27 transactions). This range of 3 971 589€ to 12 207 114€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
3971k€ 8966k€ 12207k€
8 966 695 € Range: 3 971 589€ - 12 207 114€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 27 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Fabrication de préparations pharmaceutiques)

Compare NOVO NORDISK PRODUCTION SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de préparations pharmaceutiques

Frequently asked questions about NOVO NORDISK PRODUCTION SAS

What is the revenue of NOVO NORDISK PRODUCTION SAS ?

The revenue of NOVO NORDISK PRODUCTION SAS in 2024 is 236.7 M€.

Is NOVO NORDISK PRODUCTION SAS profitable?

Yes, NOVO NORDISK PRODUCTION SAS generated a net profit of 19.9 M€ in 2024.

Where is the headquarters of NOVO NORDISK PRODUCTION SAS ?

The headquarters of NOVO NORDISK PRODUCTION SAS is located in CHARTRES (28000), in the department Eure-et-Loir.

Where to find the tax return of NOVO NORDISK PRODUCTION SAS ?

The tax return of NOVO NORDISK PRODUCTION SAS is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does NOVO NORDISK PRODUCTION SAS operate?

NOVO NORDISK PRODUCTION SAS operates in the sector Fabrication de préparations pharmaceutiques (NAF code 21.20Z). See the 'Sector positioning' section above to compare the company with its competitors.