Novozymes Research and Development Expenses 2011-2023 | NVZMY
Novozymes annual/quarterly research and development expenses history and growth rate from 2011 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Novozymes research and development expenses for the quarter ending December 31, 2023 were $0.076B, a 3.14% increase year-over-year.
- Novozymes research and development expenses for the twelve months ending December 31, 2023 were $0.293B, a 3.36% increase year-over-year.
- Novozymes annual research and development expenses for 2023 were $0.293B, a 3.36% increase from 2022.
- Novozymes annual research and development expenses for 2022 were $0.283B, a 11.35% decline from 2021.
- Novozymes annual research and development expenses for 2021 were $0.32B, a 7.71% increase from 2020.
Novozymes Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$293 |
| 2022 |
$283 |
| 2021 |
$320 |
| 2020 |
$297 |
| 2019 |
$295 |
| 2018 |
$295 |
| 2017 |
$291 |
| 2016 |
$277 |
| 2015 |
$282 |
| 2014 |
$328 |
| 2013 |
$267 |
| 2012 |
$264 |
| 2011 |
$274 |
| 2010 |
$ |
Novozymes Quarterly Research and Development Expenses
(Millions of US $) |
| 2023-12-31 |
$76 |
| 2023-09-30 |
$67 |
| 2023-06-30 |
$75 |
| 2023-03-31 |
$75 |
| 2022-12-31 |
$74 |
| 2022-09-30 |
$64 |
| 2022-06-30 |
$71 |
| 2022-03-31 |
$74 |
| 2021-12-31 |
$78 |
| 2021-09-30 |
$69 |
| 2021-06-30 |
$81 |
| 2021-03-31 |
$91 |
| 2020-12-31 |
$84 |
| 2020-09-30 |
$75 |
| 2020-06-30 |
$69 |
| 2020-03-31 |
$68 |
| 2019-12-31 |
$65 |
| 2019-09-30 |
$77 |
| 2019-06-30 |
$82 |
| 2019-03-31 |
$70 |
| 2018-12-31 |
$69 |
| 2018-09-30 |
$78 |
| 2018-06-30 |
$74 |
| 2018-03-31 |
$74 |
| 2017-12-31 |
$78 |
| 2017-09-30 |
$70 |
| 2017-06-30 |
$71 |
| 2017-03-31 |
$72 |
| 2016-12-31 |
$69 |
| 2016-09-30 |
$65 |
| 2016-06-30 |
$69 |
| 2016-03-31 |
$74 |
| 2015-12-31 |
$66 |
| 2015-09-30 |
$70 |
| 2015-06-30 |
$75 |
| 2015-03-31 |
$71 |
| 2014-12-31 |
$91 |
| 2014-09-30 |
$79 |
| 2014-06-30 |
$81 |
| 2014-03-31 |
$77 |
| 2013-12-31 |
$65 |
| 2013-09-30 |
$66 |
| 2013-06-30 |
$71 |
| 2013-03-31 |
$66 |
| 2012-12-31 |
$133 |
| 2012-09-30 |
$62 |
| 2012-06-30 |
$69 |
| 2012-03-31 |
|
| 2011-12-31 |
$274 |
| 2011-09-30 |
$0 |
| 2011-06-30 |
$0 |
| 2011-03-31 |
|
| 2010-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Basic Materials |
Chemicals - Specialty |
$26.473B |
$2.598B |
|
Novozymes A/S is primarily engaged in the development, production, and distribution of enzymes. Its business consists of two segments, enzyme business and bio business. The Company's enzyme business segment offers detergent enzymes that are used in laundry and dishwashing, technical enzymes used in the transformation of starch into different kinds of sugars and have application in leather, textile, and forest product industries, food enzymes used in production of bread, wine, juice, beer, noodles, alcohol, and pasta and feed enzymes used in animal feed. Its bio business segment offers microorganisms that are used in industrial and municipal wastewater treatment, as well as in the cleaning of surfaces such as carpet, concrete, drain lines, and septic tanks in industrial and household applications. It also has application in the Biopharmaceutical ingredients used in pharmaceutical industry. Novozymes A/S is headquartered in Bagsvaerd, Denmark.
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