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Denmark
In shortLundbeckfonden is profitable, generates cash and carries moderate debt, with revenue growing (+9.5% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 16.2% | 71/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 10.0% | 60/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 8.5% | 42/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.3% | 55/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.53× | 61/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.27× | 96/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.21× | 80/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.99× | 5/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.80 | 69/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 16.3% | 85/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.63× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 4 | 100/100 |
| Revenue growth volatility | 4.4% | 95/100 |
| Operating margin volatility | 2.6% | 85/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 7.0% | 56/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
DKK millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 35,403 | 35,426 | 36,659 | 39,675 | 43,437 |
| Cost of revenue | 16,632 | 15,905 | 15,728 | 15,483 | 15,878 |
| Gross profit | 18,771 | 19,521 | 20,931 | 24,192 | 27,559 |
| Research & development | 4,483 | 4,476 | 4,155 | 5,102 | 5,543 |
| Operating income | 3,872 | 3,427 | 3,790 | 4,569 | 7,046 |
| Interest expense | 1,853 | 4,904 | 2,213 | 2,036 | 3,538 |
| Pre-tax income | 7,744 | 1,765 | 6,956 | 7,779 | 7,865 |
| Income tax | 816 | 554 | 683 | 1,212 | 1,754 |
| Net income | 5,880 | (126) | 5,159 | 5,068 | 4,335 |
3.80 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Dec 31, 2025