
Novozymes A/S
CSE:NZYM B

Income Statement
Earnings Waterfall
Novozymes A/S
Revenue
|
17.9B
DKK
|
Cost of Revenue
|
-8.2B
DKK
|
Gross Profit
|
9.7B
DKK
|
Operating Expenses
|
-5.3B
DKK
|
Operating Income
|
4.5B
DKK
|
Other Expenses
|
-1.4B
DKK
|
Net Income
|
3B
DKK
|
Income Statement
Novozymes A/S
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
14 374
N/A
|
14 679
+2%
|
14 570
-1%
|
14 297
-2%
|
14 012
-2%
|
14 002
0%
|
14 233
+2%
|
14 563
+2%
|
14 951
+3%
|
15 546
+4%
|
16 252
+5%
|
16 858
+4%
|
17 553
+4%
|
17 805
+1%
|
17 736
0%
|
17 825
+1%
|
17 899
+0%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(6 387)
|
(6 498)
|
(6 419)
|
(6 278)
|
(6 159)
|
(6 113)
|
(6 100)
|
(6 178)
|
(6 313)
|
(6 692)
|
(7 120)
|
(7 555)
|
(7 976)
|
(8 152)
|
(8 126)
|
(8 165)
|
(8 177)
|
|
Gross Profit |
7 987
N/A
|
8 181
+2%
|
8 151
0%
|
8 019
-2%
|
7 853
-2%
|
7 889
+0%
|
8 133
+3%
|
8 385
+3%
|
8 638
+3%
|
8 854
+3%
|
9 132
+3%
|
9 303
+2%
|
9 577
+3%
|
9 653
+1%
|
9 610
0%
|
9 660
+1%
|
9 722
+1%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(4 323)
|
(3 942)
|
(4 234)
|
(4 060)
|
(4 243)
|
(4 215)
|
(4 336)
|
(4 387)
|
(4 711)
|
(4 822)
|
(4 980)
|
(4 959)
|
(5 121)
|
(4 966)
|
(5 022)
|
(5 175)
|
(5 258)
|
|
Selling, General & Administrative |
(2 336)
|
(2 507)
|
(2 441)
|
(2 313)
|
(2 163)
|
(2 329)
|
(2 418)
|
(2 513)
|
(2 580)
|
(2 962)
|
(3 121)
|
(3 290)
|
(2 988)
|
(3 309)
|
(3 344)
|
(3 285)
|
(3 111)
|
|
Research & Development |
(1 641)
|
(1 968)
|
(1 893)
|
(1 850)
|
(1 622)
|
(2 040)
|
(2 069)
|
(2 027)
|
(1 662)
|
(1 939)
|
(1 938)
|
(1 978)
|
(1 655)
|
(2 025)
|
(2 042)
|
(2 028)
|
(1 735)
|
|
Depreciation & Amortization |
(443)
|
0
|
0
|
0
|
(472)
|
0
|
0
|
0
|
(535)
|
0
|
0
|
0
|
(553)
|
0
|
0
|
0
|
(495)
|
|
Other Operating Expenses |
97
|
533
|
100
|
103
|
14
|
154
|
151
|
153
|
66
|
79
|
79
|
309
|
75
|
368
|
364
|
138
|
83
|
|
Operating Income |
3 664
N/A
|
4 239
+16%
|
3 917
-8%
|
3 959
+1%
|
3 610
-9%
|
3 674
+2%
|
3 797
+3%
|
3 998
+5%
|
3 927
-2%
|
4 032
+3%
|
4 152
+3%
|
4 344
+5%
|
4 456
+3%
|
4 687
+5%
|
4 588
-2%
|
4 485
-2%
|
4 464
0%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(211)
|
(111)
|
(80)
|
3
|
(100)
|
4
|
68
|
44
|
(75)
|
(209)
|
(325)
|
(409)
|
(378)
|
(196)
|
(155)
|
(46)
|
(152)
|
|
Non-Reccuring Items |
375
|
0
|
0
|
0
|
42
|
0
|
0
|
0
|
80
|
0
|
0
|
0
|
372
|
(134)
|
(280)
|
(442)
|
(486)
|
|
Total Other Income |
(29)
|
(170)
|
(180)
|
(188)
|
(31)
|
(70)
|
(72)
|
(83)
|
(8)
|
71
|
121
|
347
|
106
|
163
|
118
|
34
|
83
|
|
Pre-Tax Income |
3 799
N/A
|
3 958
+4%
|
3 657
-8%
|
3 774
+3%
|
3 521
-7%
|
3 608
+2%
|
3 793
+5%
|
3 959
+4%
|
3 924
-1%
|
3 894
-1%
|
3 948
+1%
|
4 282
+8%
|
4 556
+6%
|
4 520
-1%
|
4 271
-6%
|
4 031
-6%
|
3 909
-3%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(644)
|
(685)
|
(636)
|
(680)
|
(695)
|
(712)
|
(749)
|
(783)
|
(779)
|
(795)
|
(826)
|
(850)
|
(870)
|
(872)
|
(826)
|
(810)
|
(870)
|
|
Income from Continuing Operations |
3 155
|
3 273
|
3 021
|
3 094
|
2 826
|
2 896
|
3 044
|
3 176
|
3 145
|
3 099
|
3 122
|
3 432
|
3 686
|
3 648
|
3 445
|
3 221
|
3 039
|
|
Income to Minority Interest |
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
1
|
(6)
|
(14)
|
(14)
|
(10)
|
(20)
|
(20)
|
(12)
|
(15)
|
|
Net Income (Common) |
3 154
N/A
|
3 273
+4%
|
3 020
-8%
|
3 093
+2%
|
2 825
-9%
|
2 895
+2%
|
3 044
+5%
|
3 175
+4%
|
3 146
-1%
|
3 093
-2%
|
3 108
+0%
|
3 418
+10%
|
3 676
+8%
|
3 628
-1%
|
3 425
-6%
|
3 209
-6%
|
3 024
-6%
|
|
EPS (Diluted) |
11.01
N/A
|
11.54
+5%
|
10.69
-7%
|
10.99
+3%
|
10.02
-9%
|
10.29
+3%
|
10.83
+5%
|
11.34
+5%
|
11.23
-1%
|
11.05
-2%
|
11.12
+1%
|
12.27
+10%
|
13.19
+7%
|
13.05
-1%
|
12.32
-6%
|
11.55
-6%
|
10.88
-6%
|