Assets
| Type | Time | Amount | Unit |
|---|---|---|---|
| ifrs-full:Assets | 2020-12-31 | 20510000000 | dkk |
| ifrs-full:Assets | 2019-12-31 | 20437000000 | dkk |
Revenue
| Type | Start date | End date | Amount | Unit |
|---|---|---|---|---|
| ifrs-full:Revenue | 2020-01-01 | 2020-12-31 | 14012000000 | dkk |
| ifrs-full:Revenue | 2019-01-01 | 2019-12-31 | 14374000000 | dkk |
XML
See the xml submitted here:
XML: INVALID
Separator
The full data:
<?xml version="1.0" encoding="UTF-8" standalone="no"?>
<xbrli:xbrl xmlns:xbrli="http://www.xbrl.org/2003/instance"
xmlns="http://www.w3.org/1999/xhtml"
xmlns:arr="http://xbrl.dcca.dk/arr"
xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12"
xmlns:cmn="http://xbrl.dcca.dk/cmn"
xmlns:sob="http://xbrl.dcca.dk/sob"
xmlns:link="http://www.xbrl.org/2003/linkbase"
xmlns:ifrs-full="http://xbrl.ifrs.org/taxonomy/2019-03-27/ifrs-full"
xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
xmlns:ix="http://www.xbrl.org/2013/inlineXBRL"
xmlns:mrv="http://xbrl.dcca.dk/mrv"
xmlns:NOV="http://xbrl.novozymes.com/taxonomy/2020-12-31"
xmlns:fsa="http://xbrl.dcca.dk/fsa"
xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
xmlns:gsd="http://xbrl.dcca.dk/gsd"
xmlns:xlink="http://www.w3.org/1999/xlink"
id="DKGAAP">
<link:schemaRef xlink:href="http://archprod.service.eogs.dk/taxonomy/20201001/entryDanishGAAPExcludingBalanceSheetIncomeStatementIncludingManagementsReview20201001.xsd"
xlink:type="simple"/>
<xbrli:context id="ctx-2">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-18">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2019-01-01</xbrli:startDate>
<xbrli:endDate>2019-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-1">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx-19">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2019-01-01</xbrli:startDate>
<xbrli:endDate>2019-12-31</xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx-3">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfExecutiveBoardDimension">
<cmn:memberOfBoardIdentifier>1</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-4">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfExecutiveBoardDimension">
<cmn:memberOfBoardIdentifier>2</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-5">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfExecutiveBoardDimension">
<cmn:memberOfBoardIdentifier>3</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-6">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>1</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-7">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>2</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-8">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>3</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-9">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>4</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-10">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>5</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-11">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>6</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-12">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>7</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-13">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>8</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-14">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>9</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-15">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>10</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-16">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfAuditorDimension">
<cmn:auditorIdentifier>1</cmn:auditorIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx-17">
<xbrli:entity>
<xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900T6WNZXD2R3JW38</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfAuditorDimension">
<cmn:auditorIdentifier>2</cmn:auditorIdentifier>
</xbrldi:typedMember>
<xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:unit id="dkk">
<xbrli:measure>iso4217:DKK</xbrli:measure>
</xbrli:unit>
<mrv:StatementOfTheDiversityPolicies contextRef="ctx-2" id="pp-value22" xml:lang="en">The individual competencies of the members of the Boar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>d ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e shown in the pres<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>entation of the Boar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>d of Direct<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ors. Novozymes' statutory r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eport on diversity pursuant to section 107d of the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct is available at <span xmlns="http://www.w3.org/1999/xhtml" class="ff1">https://investors.novozymes.</span>com/investors/<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>corpor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ate-governance/articles-of-ass<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ociation-and-reports-on-corpor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ate-governance/<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>default.aspx.</mrv:StatementOfTheDiversityPolicies>
<mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender contextRef="ctx-2" id="pp-value1" xml:lang="en"> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/><span xmlns="http://www.w3.org/1999/xhtml" class="fc1"> <span class="_ _4"/><span class="fc2 ws1d">At least 33%<span class="ff3 ws1e"> of the shar<span class="_ _1"/>eholder-</span></span></span>elected boar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>d members must be female, and at least 33% of the shar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eholder-elect<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed board members shall be male All thr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ee targets wer<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e met in 2020, and the composition of the Boar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>d of Direct<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ors meets the gender diversity r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ements set out in Danish legislation. F<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>urther<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eporting on gender diversity at other management levels can be found in Not<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e 8.1 Labor practic<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>es î
îîîºî²î¦î³îî·î®î¬îî¹î¸îî®î³îî¹îîªîîî´î¨î®î¦î±îî¦î³î©îgovernance data section. The competencies and targets ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e î©îªîî³îªî©îî®î³îî¦î<span xmlns="http://www.w3.org/1999/xhtml" class="ff8">î¨î´î²îµîªî¹îªî³î¨î¾îîµî·<span class="_ _1"/>î´îî±îª<span class="ff3"> </span></span>î¹îî¦î¹îî¸îµîªî¨î®îîªî¸îî¹îîªîî·<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>îªî¶îºî®î·<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>îªî²îªî³î¹î¸îî«î´î·îpersonal char<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>acteristics, skills and experience.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e are continuously tr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>acking the impact of our initiatives, for example, gender diversity of new hir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>es and internal tr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ansfers, and over<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>all, we have made pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ogress t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>o ensure gender diversity in management levels. In 2020, 33% of our senior management wer<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e female.</mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender>
<mrv:CorporateGovernanceReport contextRef="ctx-2" id="pp-value31" xml:lang="en">Charters and r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ecommendations When laying down the management principles for Novozymes, the Boar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>d of Directors followed the R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ecommendations on Corporat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e Governance that f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>orm part of the disclosur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ements applicable to companies listed on Nasdaq C<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>openhagen. These r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ecommendations ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e available at corporat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>egovernance.dk. A detailed r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eview of Novozymesâ position on each of the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ecommendations and a description of the internal contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ol and risk management î¸î¾î¸î¹îªî²îî·<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>îªî±î¦î¹î®î³î¬îî¹î´îîî³î¦î³î¨î®î¦î±îî·îªîµî´î·î¹î®î³î¬îî¨î¦î³îî§îªîfound in the statut<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ory r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eport on corporat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e governance pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>epared pursuant to section 107b of the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct at<span xmlns="http://www.w3.org/1999/xhtml" class="ff1 ls0"> </span>https:// investors.novozymes.<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>com/investors/corpor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ategovernance/<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>articles-of<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>-association-and-r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eports-on-corporat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e-governance/default.aspx.<span xmlns="http://www.w3.org/1999/xhtml" class="ff3 ws0"> These r<span class="_ _1"/>ecommendations requir<span class="_ _1"/>e </span>companies to explain any deviations. Novozymes î«î´î±î±î´î¼î¸îî
ªî
¬îî´î«îî¹îîªîî
ªî
îî·<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>îªî¨î´î²î²îªî³î©î¦î¹î®î´î³î¸î¬îî¹îîªîexception being: </mrv:CorporateGovernanceReport>
<mrv:StatementOfCorporateSocialResponsibility contextRef="ctx-2" id="pp-value53" xml:lang="en">F<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>urthermore, under the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct (sections 99a and 99b), it is mandatory f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>or large companies to r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport on corpor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ate social r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsibility and îªî¶îºî¦î±îî´îµîµî´î·î¹îºî³î®î¹î®îªî¸îî¦î¸îî©îªîî³îªî©îî§î¾îî¹îîªîî
î¨î¹î«îNovozymes is committed t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>o the ten principles of the UN Global Compact (UNGC) and as a continuing member of the UNGC we pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>epare a Communication on Pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ogress (C<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>oP). Our integr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ated annual r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport together with our Sustainability Report<span xmlns="http://www.w3.org/1999/xhtml" class="ff1 ls0 ws0"> <span class="_ _1"/><span class="ff8 ls4 ws5">î´îî¹î¹îµî¸îîºîºî¼î¼î¼<span class="_ _1"/>î«î³î´î»î´î¿î¾î²îªî¸î«</span></span>com/<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>en/<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>about<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>-us/sustainab<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ility/transpar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ency-î¦î¨î¨î´îºî³î¹î¦î§î®î±î®î¹î¾îµ<span xmlns="http://www.w3.org/1999/xhtml" class="ff3 ws0"> s<span class="_ _0"/>erves as our CoP and meets </span>the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equirements of s<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ections 99a and 99b of the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct. </mrv:StatementOfCorporateSocialResponsibility>
<sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx-2" id="pp-value74" xml:lang="en">The Boar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>d of Direct<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ors and the Executive Management have today c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onsidered and appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oved the Annual Report of Novozymes A/S for the înancial year J<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>anuary 1 â December 31, 2020. The Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated Financial Statements have been pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>epar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with International Financial R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eporting Standards as adopted by the EU and further r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>equirements in the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct, and the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company Financial Statements have been pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>epar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct. Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s Review has been pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>epared in acc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ordance with the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct.In our opinion, the accounting policies us<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed are appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>opriate, and the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>oupâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s internal contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ols r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>elevant to pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eparation and pres<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>entation of the Annual Report ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e adequate. The Consolidat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed Financial Statements and the P<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>arent C<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ompany Financial Statements give a true and fair view of the înancial position at December 31, 2020 of the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup and the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company andof the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esults of the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup and the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company oper<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ations and consolidated cash îows for the înancial year J<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>anuary 1 â December 31, 2020.In our opinion, Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s Review includes a true and fair account of the development in the operations and înancial cir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>cumstances of the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup and the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, of the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esults for the year<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, and of the înancial position of the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup and the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company as well as a description of the most signiîcant risks and elements of uncertainty facing the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup and the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>. Novozymesâ Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental data and the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated social and governance data and the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>elated notes, have been pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>epared in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the reporting principles of materiality<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, inclusivity<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsiveness and the accounting policies. In our opinion, they give a true and fair view of the organisationâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental, social and governance performanc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with these principles.In our opinion, the Annual Report of Novozymes A/S for the înancial year January 1 - December 31, 2020 identiîed as NOV<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>OZYMES-2020-12-31.zip is prepar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed in all material r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>espects, in compliance with the ESEF Regulation.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e recommend that the Annual R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport beadopted at the Annual Shar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eholdersâ Meeting.</sob:StatementByExecutiveAndSupervisoryBoards>
<arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx-2" xml:lang="en">T<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>o the shar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eholders of Novozymes A/S</arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
<arr:OpinionOnAuditedFinancialStatements contextRef="ctx-2" id="pp-value128" xml:lang="en">In our opinion, the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated Financial Statements give a true and fair view of the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>âs înancial position at December 31, 2020 and of the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esults of the Group<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>â<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s operations and cash îows f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>or the înancial year January 1 to Dec<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ember 31, 2020 in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with International Financial Reporting Standar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ds as adopted by the EU and further r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equirements in the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct.Mor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eover<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, in our opinion, the P<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>arent Company Financial Statements give a true and fair view of the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Companyâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s înancial position at December 31, 2020 and of the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esults of the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Companyâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s operations for the înancial year January 1 to Dec<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ember 31, 2020 in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct.In our opinion, the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental data and the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated social and governance data f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>or the înancial year January 1 to December 31, 2020 ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e prepar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the accounting policies f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>or the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental data and the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated social and governance data.Our opinions ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e consistent with our A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>uditorâs L<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ong-f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>orm Report to the A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>udit Committee and the Boar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>d of Direct<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ors.What we have auditedThe Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated Financial Statements of Novozymes A/S, pages 52-60 and 65-116, for the înancial year J<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>anuary 1 to December 31, 2020 comprise the c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onsolidated inc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ome statement and statement of c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ompr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ehensive income, the cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated balance sheet, the consolidat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed statement of shar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eholdersâ equity<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, the consolidated statement of cash îows and the notes, including signiîcant accounting policies.The Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company Financial Statements of Novozymes A/S, <span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>pages 143-158, f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>or the înancial year January 1 to Dec<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ember 31, 2020 comprise the income statement, the balanc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e sheet, the statement of changes in equity and the notes, including signiîcant <span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>accounting <span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>policies.Collectively r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eferr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed to as the âFinancial Statementsâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>.The Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental data and the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated social and governance data of Novozymes A/S, pages 61-64 and 117-137, for the înancial year January 1 to Dec<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ember 31, 2020 comprise the envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental performance and consolidat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental data, the social and governance perf<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ormance and consolidat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed social and governance data and the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>elated notes, including signiîcant accounting policies.These ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e collectively ref<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>erred to as the âEnvir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental, Social and Governance Data.<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>â</arr:OpinionOnAuditedFinancialStatements>
<arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx-2" id="pp-value187" xml:lang="en">W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e conducted our audit in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with International Standar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ds on Auditing (ISAs) and the additional r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ements applicable in Denmark. Our r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esponsibilities under those standar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ds and r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equirements ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e further described in the Audit<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>or<span xmlns="http://www.w3.org/1999/xhtml" class="_ _b"/>â<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s responsibilities for the audit of the Financial Statements and the Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental, Social and Governance Data section of our r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport. W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e believe that the audit evidence we have obtained is suîcient and appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>opriate to pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ovide a basis for our opinion.IndependenceW<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e are independent of the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>oup in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the International Ethics Standar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ds Boar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>d for A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ccountantsâ Code of Ethics for Pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ofessional Ac<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>countants (IESBA Code) and the additional r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>equirements applicable in Denmark. W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e have also fulîlled our other ethical r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esponsibilities in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the IESBA C<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ode. T<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>o the best of our knowledge and belief<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ohibited non-audit servic<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>es ref<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>erred to in Article 5(1) of Regulation (EU) No 537/2014 wer<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e not provided,îexc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ept for an insigniîcant br<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>each that was r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eported to the Audit Committ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ee and which did not aîect our independence. AppointmentW<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e were appointed as audit<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ors of Novozymes A/S for the îrst time aî<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>er the initial public oîering on M<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ch 21, 2001. W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e have been r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eappointed annually by shar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eholder resolution for a t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>otal period of uninterrupted engagement of 20 years, including the înancial year 2020.</arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
<arr:KeyAuditMattersAudit contextRef="ctx-2" id="pp-value222" xml:lang="en">signiîcance in our audit of the Financial Statements f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>or 2020. These matters wer<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e addr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>essed in the context of our audit of the Financial Statements as a whole, and in forming our opinion ther<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eon, and we do not pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ovide a separat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e opinion on these matters.Key audit matt<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>er<span xmlns="http://www.w3.org/1999/xhtml" class="_ _207"> </span>How our audit addressed the k<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ey audit matterKey audit matt<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ers are thos<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e matters that, in our pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ofessional judgment, wer<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e of most Collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ation agreements Novozymes has enter<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed into collaboration agr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eements. Some of these collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ation agreements include complex mechanisms f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>or sharing proît and expenses. Due to the c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>omplexity of the agreements, ther<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e are unc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ertainties in relation to the interpr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>etation of the agreements.In 2020, the most signiîcant of these collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ation agreements, the Bioag collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ation agr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eement, was amended to a supply agr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eement. The amendment of the agreement included uncertainties and assessments of inc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ome and accruals.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e focused on this ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ea because the agreements and the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>elated accounting tr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eatment of pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oît-sharing and expens<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>es are complex and because the amendment of the Bioag collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ation agr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eement requir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed signiîcant judgment and estimation by Management. Ref<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>er to Note 2.2 and 3.1 to the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>olidated Financial Statements.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e tested r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>elevant controls including applicable inf<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ormation systems and monitoring contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ols implemented to ensure that pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>oît-sharing and expens<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>es from the collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ation agr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eements are r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ecognized and measur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed appropriately on an ongoing basis.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e assessed the accounting tr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eatment applied by Management of the amendment of the Bioag collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ation agreement, including s<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ettlement of income and cost associated with the change to the supply agr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eement.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e also assessed the acc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ounting treatment applied by Management of the amendment of the Bioag collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ation agr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eement in relation t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>o impairment of intangible assets.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e read the amended Bioag collabor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ation agreement and assess<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed Managementâs interpr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>etation of the amended agreement and the înancial impact.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e tested Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s subjective estimation of proît<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>-sharing and relat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed accruals etc. under the applicable r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>emaining collaboration agr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eements, as well as rec<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onciled data inputs and signiîcant assumptions â to both internal and ext<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ernal sour<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ces â and we assessed the accur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>acy of the accruals in pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>evious periods.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e assessed whether the disclosur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>es in relation to r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>evenue and intangible assets ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>opriate and meet the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>equirements of accounting standar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ds.</arr:KeyAuditMattersAudit>
<arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx-2" id="pp-value259" xml:lang="en">Management is r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsible for Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s Review<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, pages 3-51.Our opinion on the Financial Statements and on the Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental, Social and Governance Data does not cover Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s Review<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, and we do not expr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ess any form of assur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ance conclusion ther<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eon.In connection with our audit of the Financial Statements, our r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsibility is to read Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s Review and, in doing so<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, consider whether Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s Review is materially inconsist<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ent with the Financial Statements or our knowledge obtained in the audit, or otherwise appears to be mat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>erially misstated. Mor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eover<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, we consider<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed whether Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s<span xmlns="http://www.w3.org/1999/xhtml" class="_ _b"/> Review includes the dis<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>closur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>es requir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed by the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct. Based on the work we have perf<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ormed, in our view<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s Review is in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the Consolidat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed Financial Statements, the P<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ent Company Financial Statements, and the Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental, Social and Governance Data, and has been pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>epared in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the requir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ements of the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct. W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e did not identify any material misstatement in Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s Review<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>.</arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx-2" id="pp-value287" xml:lang="en">Management is r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsible for the prepar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ation of Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated Financial Statements that give a true and fair view in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with International Financial R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eporting Standards as adopted by the EU and further r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>equirements in the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct and for the pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eparation of Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company Financial Statements that give a true and fair view in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with the Danish Financial Statements A<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ct, and for such internal c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ontrol as Management determines is nec<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>essary to enable the pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eparation of înancial statements that ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e free fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>om material misstatement, whether due to fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>aud or error<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>.F<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>urthermore, Management is r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsible for pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eparing the Environmental, Social and Governance Data in acc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ordanc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e with the accounting policies stat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed in the Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental, Social and Governance Data, and for such int<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ernal contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ol as Management determines is necessary t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>o enable the pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eparation of Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental, Social and Governance Data that ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e free fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>om material misstatement, whether due to fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>aud or error<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>. In pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eparing the Financial Statements, Management is r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsible for assessing the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>âs and the P<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>arent Companyâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s ability to continue as a going c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oncern, disclosing, as applicable, matters r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>elated to going concern and using the going c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oncern basis of accounting unless M<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>anagement either intends to liquidate the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>oup or the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company or to ceas<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e operations, or has no r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ealistic alternative but to do s<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>o.</arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
<arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx-2" id="pp-value322" xml:lang="en">Our objectives ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e to obtain r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>easonable assuranc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e about whether the Financial Statements and the Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental, Social and Governance Data as a whole ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e free fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>om material misstatement, whether due to fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>aud or error<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, and to issue an auditorâs r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eport that includes our opinion. Reas<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onable assuranc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e is a high level of assuranc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e, but is not a guarant<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ee that an audit conducted in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with ISAs and the additional r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ements applicable in Denmark will always detect a material misstat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ement when it exists. Misstatements can arise fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>om fraud or err<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>or and are consider<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed material if<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, individually or in the aggr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>egate, they could r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>easonably be expected t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>o inîuence the economic decisions of users tak<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>en on the basis of these Financial Statements and the Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental, Social and Governance Data.As part of an audit in accor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>dance with ISAs and the additional r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ements applicable in Denmark, we exer<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>cise pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ofessional judgment and maintain pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ofessional sk<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>epticism thr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oughout the audit. W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e also: ⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Identify and assess the risks of material misstatement of the Financial Statements and the Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental, Social and Governance Data, whether due to fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>aud or err<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>or<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, design and perf<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>orm audit procedur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>es r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esponsive to those risks, and obtain audit evidence that is suîcient and appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>opriate to pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ovide a basis for our opinion. The risk of not detecting a material misstat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ement r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esulting fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>om fraud is higher than f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>or one r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esulting fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>om error<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, as fraud may involve collusion, f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>orgery<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, intentional omissions, misr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>epr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esentations, or the override of internal contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ol.⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Obtain an understanding of internal contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ol r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>elevant to the audit in or<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>der to design audit pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ocedur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>es that are appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>opriate in the cir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>cumstances, but not f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>or the purpose of expr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>essing an opinion on the eîectiveness of the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>oupâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s and the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Companyâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s internal contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ol.⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Evaluate the appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>opriateness of accounting policies used and the r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>easonableness of accounting estimat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>es and r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>elated disclosur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>es made by Management.⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Conclude on the appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>opriateness of Managementâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s use of the going concern basis of accounting and bas<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed on the audit evidence obtained, whether a material uncertainty exists r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>elated to events or conditions that may cast signiîcant doubt on the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>âs and the P<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>arent Companyâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s ability to continue as a going c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oncern. If we conclude that a material unc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ertainty exists, we ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equired t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>o draw attention in our auditorâs r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport to the relat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed disclosures in the Financial Statements or<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, if such disclosur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>es are inadequate, to modify our opinion. Our conclusions ar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e based on the audit evidence obtained up to the dat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e of our auditorâs r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport. However<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>, futur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e events or conditions may cause the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>oup or the Par<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ent Company to ceas<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e to continue as a going concern.⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Evaluate the over<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>all presentation, structur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e and content of the Financial Stat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ements, including the disclosur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>es, and whether the Financial Statements r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>epresent the underlying transactions and events in a manner that achieves fair pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esentation.⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Obtain suîcient appropriat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e audit evidence r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>egarding the înancial, envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onmental, social and governance information of the entities or business activities within the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup to expr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ess an opinion on the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated Financial Statements and the Envir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onmental, Social and Governance Data. W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e are r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsible for the dir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ection, supervision and performanc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e of the Gr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>oup audit. W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e remain solely r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsible for our audit opinion.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e communicate with those charged with governance r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>egarding, among other matters, the planned scope and timing of the audit and signiîcant audit îndings, including any signiîcant deîciencies in internal contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ol that we identify during our audit.W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e also provide thos<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e charged with governance with a statement that we have complied with r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>elevant ethical requir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ements r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>egar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ding independence, and to communicat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e with them all r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>elationships and other matters that may r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>easonably be thought to bear on our independence, and wher<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e applicable, related safeguar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ds.F<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>rom the matters communicat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed with those charged with governance, we determine those matters that wer<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e of most signiîcance in the audit of the Financial Statements of the curr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ent period and are ther<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>efor<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e the key audit matters. W<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e describe these matters in our auditorâs r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport unless law or regulation pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ecludes public disclosur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e about the matter or when, in extr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>emely rar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e circumstances, we determine that a matter should not be communicated in our r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport because the adverse cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equences of doing so would r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>easonably be expected to outweigh the public inter<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>est beneîts of such communication.</arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
<arr:AuditorsReportOnXbrlTagging contextRef="ctx-2" id="pp-value435" xml:lang="en">As part of our audit of the Financial Statements we perf<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ormed proc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>edures to expr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ess an opinion on whether the Annual Report of Novozymes A/S f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>or the înancial year January 1 to Dec<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ember 31, 2020 with the îlename NOV<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>OZYMES-2020-12-31.zip is pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>epared, in all mat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>erial respects, in compliance with the C<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ommission Delegated Regulation (EU) 2019/815 on the Eur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>opean Single Electr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onic F<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ormat (ESEF Regulation) which includes r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ements relat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed to the pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eparation of the Annual R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport in XHTML format and iXBRL tagging of the C<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>onsolidated Financial Statements.Management is r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsible for preparing an Annual Report that c<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>omplies with the ESEF Regulation. This r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esponsibility includes:⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>The preparing of the Annual R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport in XHTML format;⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>The selection and application of appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>opriate iXBRL tags, including extensions to the ESEF taxonomy and the anchoring ther<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eof to elements in the taxonomy<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>, for all înancial information r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>equir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>ed to be tagged using judgement wher<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e necessary;⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Ensuring consistency between iXBRL tagged data and the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated Financial Statements pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>esented in human-readable format; and⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>F<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>or such internal control as M<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>anagement determines necessary t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>o enable the pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eparation of an Annual R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eport that is compliant with the ESEF R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>egulation.Our r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>esponsibility is to obtain r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>easonable assuranc<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>e on whether the Annual Report is pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>epared, in all mat<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>erial respects, in compliance with the ESEF R<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>egulation based on the evidence we have obtained, and to issue a r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>eport that includes our opinion. The nature, timing and extent of pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ocedures select<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed depend on the auditorâs judgement, including the assessment of the risks of material departur<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>es fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>om the requir<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ements set out in the ESEF Regulation, whether due t<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>o fraud or err<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>or<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>. The pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ocedures include:⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>T<span xmlns="http://www.w3.org/1999/xhtml" class="_ _d"/>esting whether the Annual Report is pr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>epared in XHTML f<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ormat;⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Obtaining an understanding of the companyâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s iXBRL tagging process and of internal contr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ol over the tagging process;⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Evaluating the complet<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>eness of the iXBRL tagging of the Cons<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>olidated Financial Statements;⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Evaluating the appr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>opriateness of the companyâ<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>s use of iXBRL elements selected fr<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>om the ESEF taxonomy and the creation of extension elements wher<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>e no suitable element in the ESEF taxonomy has been identiîed;⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Evaluating the use of anchoring of extension elements to elements in the ESEF taxonomy; and⢠<span xmlns="http://www.w3.org/1999/xhtml" class="_ _62"> </span> <span xmlns="http://www.w3.org/1999/xhtml" class="_ _a"/>Reconciling the iXBRL tagged data with the audited C<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>onsolidated Financial Statements.In our opinion, the Annual Report of Novozymes A/S for the înancial year J<span xmlns="http://www.w3.org/1999/xhtml" class="_ _0"/>anuary 1 to December 31, 2020 with the île name NOV<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>OZYMES-2020-12-31.zip is prepar<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>ed, in all material r<span xmlns="http://www.w3.org/1999/xhtml" class="_ _1"/>espects, in compliance with the ESEF Regulation.</arr:AuditorsReportOnXbrlTagging>
<gsd:InformationOnTypeOfSubmittedReport contextRef="ctx-2" xml:lang="en">Annual report</gsd:InformationOnTypeOfSubmittedReport>
<cmn:TypeOfAuditorAssistance contextRef="ctx-2" xml:lang="en">Auditor's report on audited financial statements</cmn:TypeOfAuditorAssistance>
<gsd:ToolForPreparingTheXBRLInstanceDocument contextRef="ctx-2" xml:lang="en">ParsePort XBRL Converter</gsd:ToolForPreparingTheXBRLInstanceDocument>
<gsd:ReportingPeriodStartDate contextRef="ctx-2" xml:lang="en">2020-01-01</gsd:ReportingPeriodStartDate>
<gsd:ReportingPeriodEndDate contextRef="ctx-2" xml:lang="en">2020-12-31</gsd:ReportingPeriodEndDate>
<gsd:PrecedingReportingPeriodStartDate contextRef="ctx-2" xml:lang="en">2019-01-01</gsd:PrecedingReportingPeriodStartDate>
<gsd:PredingReportingPeriodEndDate contextRef="ctx-2" xml:lang="en">2019-12-31</gsd:PredingReportingPeriodEndDate>
<gsd:LegalEntityIdentifierOfReportingEntity contextRef="ctx-2" xml:lang="en">529900T6WNZXD2R3JW38</gsd:LegalEntityIdentifierOfReportingEntity>
<gsd:NameOfReportingEntity contextRef="ctx-2" xml:lang="en">Novozymes A/S</gsd:NameOfReportingEntity>
<fsa:ClassOfReportingEntity contextRef="ctx-2" xml:lang="en">Reporting class D</fsa:ClassOfReportingEntity>
<gsd:IdentificationNumberCvrOfReportingEntity contextRef="ctx-2" xml:lang="en">10007127</gsd:IdentificationNumberCvrOfReportingEntity>
<gsd:AddressOfReportingEntityStreetName contextRef="ctx-2" xml:lang="en">Krogshoejvej</gsd:AddressOfReportingEntityStreetName>
<gsd:AddressOfReportingEntityStreetBuildingIdentifier contextRef="ctx-2" xml:lang="en">36</gsd:AddressOfReportingEntityStreetBuildingIdentifier>
<gsd:AddressOfReportingEntityPostCodeIdentifier contextRef="ctx-2" xml:lang="en">2880</gsd:AddressOfReportingEntityPostCodeIdentifier>
<gsd:AddressOfReportingEntityDistrictName contextRef="ctx-2" xml:lang="en">Bagsvaerd</gsd:AddressOfReportingEntityDistrictName>
<gsd:AddressOfReportingEntityCountry contextRef="ctx-2" xml:lang="en">Denmark</gsd:AddressOfReportingEntityCountry>
<mrv:LinkToCorporateGovernanceReport contextRef="ctx-2" xml:lang="en">https://investors.novozymes.com/investors/corporategovernance/articles-of-associationand-reportson-corporate-governance/default.aspx</mrv:LinkToCorporateGovernanceReport>
<mrv:LinkToStatementOfCorporateSocialResponsibility contextRef="ctx-2" xml:lang="en">https://www.novozymes.com/en/about-us/sustainability/transparencyaccountability</mrv:LinkToStatementOfCorporateSocialResponsibility>
<mrv:LinkToStatementOfDiversityPolicies contextRef="ctx-2" xml:lang="en">https://investors.novozymes.com/investors/corporategovernance/articles-of-associationand-reportson-corporate-governance/default.aspx</mrv:LinkToStatementOfDiversityPolicies>
<fsa:AverageNumberOfEmployees contextRef="ctx-2" decimals="0" unitRef="dkk">6099</fsa:AverageNumberOfEmployees>
<fsa:AverageNumberOfEmployees contextRef="ctx-18" decimals="0" unitRef="dkk">6341</fsa:AverageNumberOfEmployees>
<fsa:AverageNumberOfEmployees contextRef="ctx-1" decimals="0" unitRef="dkk">2607</fsa:AverageNumberOfEmployees>
<fsa:AverageNumberOfEmployees contextRef="ctx-19" decimals="0" unitRef="dkk">2688</fsa:AverageNumberOfEmployees>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx-3" xml:lang="en">Ester Baiget</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx-3" xml:lang="en">President &amp; CEO</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx-4" xml:lang="en">Thomas Videbæk</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx-5" xml:lang="en">Lars Green</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-6" xml:lang="en">Jørgen Buhl Rasmussen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-6" xml:lang="en">Chair</cmn:TitleOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-7" xml:lang="en">Cornelis (Cees) de Jong</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx-7" xml:lang="en">Vice Chair</cmn:TitleOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-8" xml:lang="en">Heine Dalsgaard</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-9" xml:lang="en">Lena Bech Holskov</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-10" xml:lang="en">Sharon James</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-11" xml:lang="en">Anders Hentze Knudsen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-12" xml:lang="en">Kasim Kutay</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-13" xml:lang="en">Lars Bo Køppler</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-14" xml:lang="en">Kim Stratton</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-15" xml:lang="en">Mathias Uhlén</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<gsd:LegalEntityIdentifierOfSubmittingEnterprise contextRef="ctx-2" xml:lang="en">529900T6WNZXD2R3JW38</gsd:LegalEntityIdentifierOfSubmittingEnterprise>
<gsd:IdentificationNumberCvrOfSubmittingEnterprise contextRef="ctx-2" xml:lang="en">10007127</gsd:IdentificationNumberCvrOfSubmittingEnterprise>
<gsd:NameOfSubmittingEnterprise contextRef="ctx-2" xml:lang="en">Novozymes A/S</gsd:NameOfSubmittingEnterprise>
<gsd:AddressOfSubmittingEnterpriseStreetAndNumber contextRef="ctx-2" xml:lang="en">Krogshoejvej 36</gsd:AddressOfSubmittingEnterpriseStreetAndNumber>
<gsd:AddressOfSubmittingEnterprisePostcodeAndTown contextRef="ctx-2" xml:lang="en">2880 Bagsvaerd</gsd:AddressOfSubmittingEnterprisePostcodeAndTown>
<arr:TypeOfModifiedOpinionOnAuditedFinancialStatements contextRef="ctx-2" xml:lang="en">Opinion</arr:TypeOfModifiedOpinionOnAuditedFinancialStatements>
<arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements contextRef="ctx-2" xml:lang="en">Basis for Opinion</arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements>
<arr:SignatureOfAuditorsPlace contextRef="ctx-2" xml:lang="en">Hellerup</arr:SignatureOfAuditorsPlace>
<arr:SignatureOfAuditorsDate contextRef="ctx-2" xml:lang="en">2021-02-02</arr:SignatureOfAuditorsDate>
<cmn:NameAndSurnameOfAuditor contextRef="ctx-16" xml:lang="en">Lars Baungaard</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx-16" xml:lang="en">State Authorized Public Accountant</cmn:DescriptionOfAuditor>
<cmn:IdentificationNumberOfAuditor contextRef="ctx-16" xml:lang="en">mne23331</cmn:IdentificationNumberOfAuditor>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx-16" xml:lang="en">33771231</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameOfAuditFirm contextRef="ctx-16" xml:lang="en">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
<gsd:AddressOfAuditorStreetName contextRef="ctx-16" xml:lang="en">Strandvejen</gsd:AddressOfAuditorStreetName>
<gsd:AddressOfAuditorStreetBuildingIdentifier contextRef="ctx-16" xml:lang="en">44</gsd:AddressOfAuditorStreetBuildingIdentifier>
<gsd:AddressOfAuditorPostCodeIdentifier contextRef="ctx-16" xml:lang="en">2900</gsd:AddressOfAuditorPostCodeIdentifier>
<gsd:AddressOfAuditorDistrictName contextRef="ctx-16" xml:lang="en">Hellerup</gsd:AddressOfAuditorDistrictName>
<cmn:NameAndSurnameOfAuditor contextRef="ctx-17" xml:lang="en">Rasmus Friis Jørgensen</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx-17" xml:lang="en">State Authorized Public Accountant</cmn:DescriptionOfAuditor>
<cmn:IdentificationNumberOfAuditor contextRef="ctx-17" xml:lang="en">mne28705</cmn:IdentificationNumberOfAuditor>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx-17" xml:lang="en">33771231</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameOfAuditFirm contextRef="ctx-17" xml:lang="en">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
<gsd:AddressOfAuditorStreetName contextRef="ctx-17" xml:lang="en">Strandvejen</gsd:AddressOfAuditorStreetName>
<gsd:AddressOfAuditorStreetBuildingIdentifier contextRef="ctx-17" xml:lang="en">44</gsd:AddressOfAuditorStreetBuildingIdentifier>
<gsd:AddressOfAuditorPostCodeIdentifier contextRef="ctx-17" xml:lang="en">2900</gsd:AddressOfAuditorPostCodeIdentifier>
<gsd:AddressOfAuditorDistrictName contextRef="ctx-17" xml:lang="en">Hellerup</gsd:AddressOfAuditorDistrictName>
</xbrli:xbrl>