• Novo Nordisk average current ratio for 2024 was 0.83, a 2.35% decline from 2023.
• Novo Nordisk average current ratio for 2023 was 0.85, a 7.61% decline from 2022.
• Novo Nordisk average current ratio for 2022 was 0.92, a 3.16% decline from 2021.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.