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Other disclosures (Tables)
12 Months Ended
Dec. 31, 2022
Additional information [abstract]  
Share-based payment expensed in the income statement
Share-based payment expensed in the income statement
DKK million202220212020
Restricted stock units to employees265189189
Long-term share-based incentive programme (Management Board)1
250234162
Long-term share-based incentive programme (management group below Management Board)819598436
Shares allocated to individual employees2051936
Share-based payment expensed in the income statement1,5391,040823
1. In 2021, Novo Nordisk introduced a new share-based compensation programme with terms, which amortises the grant date valuation over three years (2019 and 2020 programmes were amortised over four years). The 2022 expense includes amortisation of the 2019, 2020, 2021 and 2022 programmes.

Outstanding restricted stock units (million)Restricted stock units
to employees
Shares for
Management Board
Shares for management group below Management BoardShares allocated to
individual employees
Total
202220212020202220212020202220212020202220212020202220212020
Outstanding at the beginning
of the year
2.0 2.1 2.1 2.2 1.8 1.3 5.5 4.5 3.2 0.2 0.2 0.3 9.9 8.6 6.9 
Released allocated shares(0.0)(0.1)(0.0)(0.5)(0.3)(0.1)(1.2)(0.6)(0.2)(0.1)(0.1)(0.1)(1.8)(1.1)(0.4)
Cancelled allocated shares— — — (0.1)0.0 (0.0)(0.2)(0.3)(0.1)(0.0)(0.0)(0.0)(0.3)(0.3)(0.1)
Allocated in the year0.4 — — 0.4 0.5 0.4 1.7 1.6 1.0 0.4 0.1 — 2.9 2.2 1.4 
Performance adjustment2
— — — — 0.2 0.2 — 0.3 0.6 — — — — 0.5 0.8 
Outstanding at the end of the year2.4 2.0 2.1 2.0 2.2 1.8 5.8 5.5 4.5 0.5 0.2 0.2 10.7 9.9 8.6 
2. The number of shares for Management Board and management group below Management Board has been adjusted as the targets set by the Board are expected to be exceeded for the 2019, 2020, 2021 and 2022 programmes.
Contractual obligations not recognised in the balance sheet
Contractual obligations not recognised in the balance sheet
DKK million (Undiscounted)CurrentNon-currentTotal
2022
Leases1
205 1,641 1,846
Research and development obligations5,988 7,582 13,570
Research and development – potential milestone payments2
376 5,011 5,387
Commercial product launch – potential milestone payments2
— 7,598 7,598
Purchase obligations relating to investments in property, plant and equipment1,696 1,427 3,123
Other purchase obligations18,762 14,366 33,128
Total obligations not recognised in the balance sheet27,027 37,625 64,652
2021
Leases1
145 636 781 
Research and development obligations4,196 6,357 10,553 
Research and development – potential milestone payments2
771 4,220 4,991 
Commercial product launch – potential milestone payments2
— 5,966 5,966 
Purchase obligations relating to investments in property, plant and equipment545 — 545 
Other purchase obligations13,407 5,998 19,405 
Total obligations not recognised in the balance sheet19,064 23,177 42,241 
1. Predominantly relates to estimated variable property taxes, leases committed but not yet commenced and low value leases.
2. Potential milestone payments are associated with uncertainty as they are linked to successful achievements in research activities.
Material transactions with related parties
Material transactions with related parties
DKK million202220212020
Novo Holdings A/S
Purchase of Novo Nordisk B shares6,9846,6955,963
Dividend payment to Novo Holdings A/S7,2076,1445,767
NNIT Group
Services provided by NNIT660593775
Dividend payment from NNIT(4)(18)
Novozymes Group
Services provided by Novo Nordisk(78)(116)(113)
Services provided by Novozymes927872
Fee to statutory auditors
DKK million202220212020
Statutory audit1
382626
Audit-related services233
Tax advisory services349
Other services1244
Total fee to statutory auditors553742
1. 2022 statutory audit fee includes DKK 9 million of additional fee related to 2021.
Companies in the Novo Nordisk Group
Company and countryActivity
Parent company
Novo Nordisk A/S, Denmark
Subsidiaries by geographical area
Company and countryPercentage of shares ownedActivity
North America Operations
Novo Nordisk Canada Inc., Canada100
Novo Nordisk Inc., US100
Novo Nordisk North America Operations A/S, Denmark100
Novo Nordisk Pharmaceutical Industries LP, US100
Novo Nordisk Pharmatech US, Inc., US100
Novo Nordisk Pharma, Inc., US100
Novo Nordisk Research Center Indianapolis, Inc., US100
Novo Nordisk Research Center Seattle, Inc., US100
Novo Nordisk US Bio Production, Inc., US100
Novo Nordisk US Commercial Holdings, Inc., US100
Novo Nordisk US Holdings Inc., US100
Corvidia Therapeutics, Inc., US100
Dicerna Pharmaceuticals, Inc., US100
Emisphere Technologies, Inc., US100
Forma Therapeutics, Inc., US100
Region International Operations
Novo Nordisk Pharmaceuticals A/S, Denmark100
Novo Nordisk Pharma Operations A/S, Denmark100
Novo Nordisk Region AAMEO and LATAM A/S, Denmark100
Novo Nordisk Region Europe A/S, Denmark100
Novo Nordisk Region Japan & Korea A/S, Denmark100
Region EMEA
Aldaph SpA, Algeria100
Novo Nordisk Pharma GmbH, Austria100
S.A. Novo Nordisk Pharma N.V., Belgium100
Novo Nordisk Pharma d.o.o., Bosnia and Herzegovina100
Novo Nordisk Pharma EAD, Bulgaria100
Novo Nordisk Hrvatska d.o.o., Croatia100
Novo Nordisk s.r.o., Czech Republic100
Novo Nordisk Denmark A/S, Denmark100
Novo Nordisk Pharmatech A/S, Denmark100
Novo Nordisk Egypt LLC, Egypt100
Company and countryPercentage of shares ownedActivity
Novo Nordisk Egypt Pharmaceuticals Ltd., Egypt100
Novo Nordisk Farma OY, Finland100
Novo Nordisk, France100
Novo Nordisk Production SAS, France100
Novo Nordisk Pharma GmbH, Germany100
Novo Nordisk Hellas Epe., Greece100
Novo Nordisk Hungária Kft., Hungary100
Novo Nordisk Limited, Ireland100
Novo Nordisk Ltd, Israel100
Novo Nordisk S.P.A., Italy100
Novo Nordisk Kazakhstan LLP, Kazakhstan100
Novo Nordisk Kenya Ltd., Kenya100
Novo Nordisk Pharma SARL, Lebanon100
UAB Novo Nordisk Pharma, Lithuania100
Novo Nordisk Farma dooel, North Macedonia100
Novo Nordisk Pharma SAS, Morocco100
Novo Nordisk B.V., Netherlands100
Novo Nordisk Finance (Netherlands) B.V., Netherlands100
Novo Nordisk Pharma Limited, Nigeria100
Novo Nordisk Norway AS, Norway100
Novo Nordisk Pharmaceutical Services Sp. z.o.o., Poland100
Novo Nordisk Pharma Sp.z.o.o., Poland100
Novo Nordisk Portugal, Lda., Portugal100
Novo Nordisk Farma S.R.L., Romania100
Novo Nordisk Limited Liability Company, Russia100
Novo Nordisk Production Support LLC, Russia100
Novo Nordisk Saudi for Trading, Saudi Arabia100
Novo Nordisk Pharma d.o.o. Belgrade (Serbia), Serbia100
Novo Nordisk Slovakia s.r.o., Slovakia100
Novo Nordisk, d.o.o., Slovenia100
Novo Nordisk (Pty) Limited, South Africa100
Novo Nordisk Pharma S.A., Spain100
Novo Nordisk Scandinavia AB, Sweden100
Novo Nordisk Health Care AG, Switzerland100
Novo Nordisk Pharma AG, Switzerland100
Novo Nordisk Tunisie SARL, Tunisia100
Novo Nordisk Saglik Ürünleri Tic. Ltd. Sti., Turkey100
Novo Nordisk Ukraine, LLC, Ukraine100
Novo Nordisk Pharma Gulf FZE, United Arab Emirates100
Novo Nordisk Holding Limited, UK100
Novo Nordisk Limited, UK100
Novo Nordisk Research Centre Oxford Limited, UK100
Company and countryPercentage of shares ownedActivity
Region China
Novo Nordisk (China) Pharmaceuticals Co. Ltd., China100
Novo Nordisk (Shanghai) Pharma Trading Co., Ltd., China100
Novo Nordisk Region China A/S, Denmark100
Novo Nordisk Hong Kong Limited, Hong Kong100
Novo Nordisk Pharma (Taiwan) Ltd., Taiwan100
Beijing Novo Nordisk Pharmaceuticals Science & Technology Co., Ltd., China100
Region Rest of World
Novo Nordisk Pharma Argentina S.A., Argentina100
Novo Nordisk Pharmaceuticals Pty. Ltd., Australia100
Novo Nordisk Pharma (Private) Limited, Bangladesh100
Novo Nordisk Produção Farmacêutica do Brasil Ltda., Brazil100
Novo Nordisk Farmacêutica do Brasil Ltda., Brazil100
Novo Nordisk Farmacéutica Limitada, Chile100
Novo Nordisk Colombia SAS, Colombia100
Novo Nordisk India Private Limited, India100
Novo Nordisk Service Centre (India) Pvt. Ltd., India100
PT. Novo Nordisk Indonesia, Indonesia100
Novo Nordisk Pars, Iran100
Novo Nordisk Pharma Ltd., Japan100
Novo Nordisk Pharma (Malaysia) Sdn Bhd, Malaysia100
Novo Nordisk Pharma Operations Sdn Bhd, Malaysia100
Novo Nordisk Mexico S.A. de C.V., Mexico100
Novo Nordisk Pharmaceuticals Ltd., New Zealand100
Novo Nordisk Pharma (Private) Limited, Pakistan100
Novo Nordisk Panama S.A., Panama100
Novo Nordisk Peru S.A.C., Peru100
Novo Nordisk Pharmaceuticals (Philippines) Inc., Philippines100
Novo Nordisk Pharma (Singapore) Pte Ltd., Singapore100
Novo Nordisk India Holding Pte Ltd., Singapore100
Novo Nordisk Pharma Korea Ltd., South Korea100
Novo Nordisk Lanka (PVT) Ltd, Sri Lanka100
Novo Nordisk Pharma (Thailand) Ltd., Thailand100
Novo Nordisk Vietnam Ltd., Vietnam100
Other subsidiaries and associated companies
NNE A/S, Denmark100
NNIT A/S, Denmark18 
CS Solar Fund XIV, LLC, US99 
Companies without significant activities are not included in the list.
NNE A/S subsidiaries are not included in the list.