Mads Thomsen - Novo Nordisk EVP

NVO Stock  USD 106.13  1.57  1.50%   

EVP

Mr. Mads Krogsgaard Thomsen has served as Chief Science Officer and Executive Vice President at Novo Nordisk AS since November 2000. He joined the Company in 1991 as Head of Growth Hormone Research. He was appointed Senior Vice President of Diabetes Research Development in 1994. He has chaired Danish Research Council programs within endocrinology, and has served as President of the National Academy of Technical Sciences, Denmark. He sits on the Editorial Boards of international peerreviewed journals and is Chairman of the Board of Directors of University of Copenhagen, Denmark and Member of the Board of Symphogen AS. He obtained a DMV degree in Veterinary Medicine from Koebenhavns Universitet in 1986, where he also obtained a Doctorate of Philosophy degree in 1989, and a Doctorate of Science degree in 1991. In 2000 he became Adjunct Professor of Pharmacology at the Royal Veterinary and Agricultural University, Denmark. since 2000.
Age 58
Tenure 24 years
Address Novo Alle 1, Bagsvaerd, Denmark, 2880
Phone45 44 44 88 88
Webhttps://www.novonordisk.com

Novo Nordisk Management Efficiency

The company has Return on Asset of 0.2147 % which means that on every $100 spent on assets, it made $0.2147 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.8873 %, implying that it generated $0.8873 on every 100 dollars invested. Novo Nordisk's management efficiency ratios could be used to measure how well Novo Nordisk manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Novo Nordisk's Return On Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Capital Employed is likely to grow to 0.74, while Return On Assets are likely to drop 0.14. At this time, Novo Nordisk's Net Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.35, while Other Current Assets are likely to drop about 1.5 B.
Novo Nordisk AS has 27.01 B in debt with debt to equity (D/E) ratio of 0.34, which is OK given its current industry classification. Novo Nordisk AS has a current ratio of 0.9, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Novo to invest in growth at high rates of return.

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Novo Nordisk AS, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark. Novo Nordisk is traded on New York Stock Exchange in the United States. Novo Nordisk AS (NVO) is traded on New York Stock Exchange in USA. It is located in Novo Alle 1, Bagsvaerd, Denmark, 2880 and employs 71,880 people. Novo Nordisk is listed under Pharmaceuticals category by Fama And French industry classification.

Management Performance

Novo Nordisk AS Leadership Team

Elected by the shareholders, the Novo Nordisk's board of directors comprises two types of representatives: Novo Nordisk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novo. The board's role is to monitor Novo Nordisk's management team and ensure that shareholders' interests are well served. Novo Nordisk's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novo Nordisk's outside directors are responsible for providing unbiased perspectives on the board's policies.
Doug Langa, Senior Vice President Head of North America Operations and Presidentident of Novo Nordisk Inc.
Kasim Kutay, Director
Sylvie Gregoire, Independent Director
Mette Jensen, Director, Employee Representative
Douglas Langa, Executive Vice President - North America Operations
Thomas Rantzau, Director, Employee Representative
Lars Jorgensen, CEO President
Daniel Bohsen, CVP Relations
Henrik Poulsen, Director
Karsten Knudsen, Chief Financial Officer, Executive Vice President
Lars Joergensen, President, Chief Executive Officer
Helge Lund, Independent Chairman of the Board
Martin Lange, Executive Vice President - Development
Maziar Doustdar, Executive Vice President - International Operations
Brian Daniels, Independent Director
Martin Mackay, Independent Director
Jeppe Christiansen, Vice Chairman of the Board
Anne Kverneland, Director, Employee Representative
Tania Sabroe, Executive Board
Liz Hewitt, Independent Director
Ludovic Helfgott, Executive Vice President of Biopharm
Camilla Sylvest, Executive Vice President - Commercial Strategy and Corporate Affairs
Mads Thomsen, Chief Science Officer, Executive VP and Member of Executive Management
Andreas Fibig, Independent Director
Monique Carter, Executive Vice President - People and Organisation
Laurence Debroux, Independent Director
Marcus Schindler, Executive Vice President - Research and Early Development, Chief Scientific Officer
Stig Stroebaek, Director, Employee Representative
Henrik Wulff, Executive Vice President - Product Supply Quality and IT

Novo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Novo Nordisk a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Novo Nordisk

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Novo Nordisk position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Novo Nordisk will appreciate offsetting losses from the drop in the long position's value.

Moving together with Novo Stock

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Moving against Novo Stock

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The ability to find closely correlated positions to Novo Nordisk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Novo Nordisk when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Novo Nordisk - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Novo Nordisk AS to buy it.
The correlation of Novo Nordisk is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Novo Nordisk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Novo Nordisk AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Novo Nordisk can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Novo Nordisk AS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Novo Nordisk's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Novo Nordisk As Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Novo Nordisk As Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novo Nordisk AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Novo Nordisk. If investors know Novo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Novo Nordisk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.224
Dividend Share
9.9
Earnings Share
2.99
Revenue Per Share
60.698
Quarterly Revenue Growth
0.214
The market value of Novo Nordisk AS is measured differently than its book value, which is the value of Novo that is recorded on the company's balance sheet. Investors also form their own opinion of Novo Nordisk's value that differs from its market value or its book value, called intrinsic value, which is Novo Nordisk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Novo Nordisk's market value can be influenced by many factors that don't directly affect Novo Nordisk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Novo Nordisk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Novo Nordisk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novo Nordisk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.