Largest Listed Companies in Denmark by Market Cap

Nasdaq Copenhagen, founded in 1808 and now part of the Nasdaq Nordic exchange group, hosts around 117 companies on its Main Market and another 32 on the growth-oriented First North segment. The exchange trades in Danish Krone (DKK) and Euro (EUR), and its main benchmark — the OMX Copenhagen 25 (OMXC25) — tracks the 25 largest and most traded Danish stocks.

A distinctive feature of the Danish market is its foundation ownership model. About half of Denmark’s largest companies use a dual-class share structure where Class A shares, typically held by foundations, carry majority voting rights but are not publicly traded. The Novo Nordisk Foundation, for instance, controls both Novo Nordisk and Novonesis through its investment arm, Novo Holdings.

Key sectors on Nasdaq Copenhagen include:

  • Healthcare & Biotech: Novo Nordisk (diabetes and obesity drugs), Genmab (antibody therapeutics), Coloplast (medical devices)
  • Industrials & Logistics: DSV A/S (global freight), A.P. Møller-Mærsk (shipping and logistics)
  • Renewable Energy: Vestas Wind Systems (wind turbines), Ørsted (offshore wind)
  • Consumer Goods: Carlsberg (brewing), Pandora (jewellery)
  • Biosolutions: Novonesis, formed from a merger of Novozymes and Chr. Hansen

Novo Nordisk stands out as Europe’s highest-valued company and is also dual-listed on the New York Stock Exchange as an ADR. The pharmaceutical sector’s weight in the Danish economy is substantial — and it shows in the OMXC25 composition. For a broader view of Nordic markets, see also Sweden and Finland.

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The table below ranks the largest Danish listed companies by market capitalization, with live pricing data from Nasdaq Copenhagen.

Largest listed companies in Denmark
StockPriceChangeChange %Marketcap
NOVO-B.CO
Novo Nordisk
NOVO-B.CO
DKK237.45DKK0.450.19%1.05T
MAERSK-B.CO
Maersk
MAERSK-B.CO
DKK17,220.00DKK1,160.006.31%250.40B
DSV.CO
DSV A/S
DSV.CO
DKK1,543.50DKK43.002.71%365.42B
VWS.CO
Vestas Wind Systems
VWS.CO
DKK156.00DKK2.051.33%154.42B
GMAB.CO
Genmab A/S
GMAB.CO
DKK1,637.00DKK8.000.49%100.65B
CARL-B.CO
Carlsberg
CARL-B.CO
DKK793.20DKK13.201.64%107.36B
DANSKE.CO
Danske Bank A/S
DANSKE.CO
DKK311.80DKK6.201.95%253.60B
TRYG.CO
Tryg
TRYG.CO
DKK155.30DKK0.50.32%92.86B
ASND
Ascendis Pharma
ASND
$221.88$1.950.87%13.62B
KBHL.CO
Copenhagen Airport
KBHL.CO
DKK6,220.00DKK40.000.64%48.81B
DEMANT.CO
Demant
DEMANT.CO
DKK181.50DKK0.60.33%38.28B
PNDORA.CO
Pandora
PNDORA.CO
DKK440.90DKK0.80.18%32.90B
ROCK-B.CO
Rockwool
ROCK-B.CO
DKK166.86DKK3.862.26%34.62B
HLUN-B.CO
Lundbeck
HLUN-B.CO
DKK37.48DKK0.340.92%37.19B
JYSK.CO
Jyske Bank
JYSK.CO
DKK842.00DKK8.000.94%48.75B
ISS.CO
ISS A/S
ISS.CO
DKK222.60DKK2.601.18%35.55B
RILBA.CO
Ringkjøbing Landbobank
RILBA.CO
DKK1,487.00DKK14.000.93%35.92B
RBREW.CO
Royal Unibrew
RBREW.CO
DKK529.00DKK9.001.67%25.92B
BAKKA.OL
Bakkafrost
BAKKA.OL
NOK444.80NOK5.801.29%26.37B
GN.CO
GN Store Nord
GN.CO
DKK96.50DKK4.605.01%14.05B
ALK-B.CO
ALK-Abelló
ALK-B.CO
DKK206.00DKK1.400.68%45.64B
ALMB.CO
Alm. Brand
ALMB.CO
DKK15.83DKK0.090.57%22.23B
NKT.CO
NKT A/S
NKT.CO
DKK771.50DKK10.501.34%41.24B
BAVA.CO
Bavarian Nordic
BAVA.CO
DKK190.30DKK7.003.82%14.75B
FLS.CO
FLSmidth
FLS.CO
DKK460.00DKK3.400.73%24.94B
DFDS.CO
DFDS A/S
DFDS.CO
DKK99.80DKK0.50.50%5.39B
NETC.CO
Netcompany Group
NETC.CO
DKK325.40DKK1.600.49%14.77B
JDAN.CO
Jeudan
JDAN.CO
DKK203.00DKK3.001.50%11.24B
DNORD.CO
D/S Norden (Dampskibsselskabet Norden)
DNORD.CO
DKK275.40DKK8.402.96%7.83B
SCHO.CO
Aktieselskabet Schouw & Co.
SCHO.CO
DKK607.00DKK4.000.65%13.76B
CHEMM.CO
ChemoMetec
CHEMM.CO
DKK398.60DKK4.401.12%6.94B
ZEAL.CO
Zealand Pharma
ZEAL.CO
DKK287.60DKK7.902.82%20.31B
STG.CO
Scandinavian Tobacco Group
STG.CO
DKK66.10DKK0.50.76%5.21B
CADLR.OL
CADELER A/S
CADLR.OL
NOK56.35NOK0.30.53%19.75B
NTG.CO
NTG Nordic Transport Group A/S
NTG.CO
DKK156.60DKK5.603.45%3.48B
PAAL-B.CO
Per Aarsleff Holding A/S B
PAAL-B.CO
DKK728.00DKK13.001.75%13.63B
BETCO.ST
Better Collective A/S
BETCO.ST
SEK142.60SEK0.80.56%8.31B
SOLAR-B.CO
Solar A/S
SOLAR-B.CO
DKK186.60DKK1.0000.54%1.48B
TIV.CO
Tivoli A/S
TIV.CO
DKK622.00DKK2.000.32%3.56B
NLFSK.CO
Nilfisk Holding
NLFSK.CO
DKK140.20DKK0.40.29%3.80B
SPKSJF.CO
Sparekassen Sjælland-Fyn A/S
SPKSJF.CO
DKK299.50DKK2.000.66%4.85B
SPG.CO
SP Group A/S
SPG.CO
DKK349.00DKK1.0000.29%4.11B
CBRAIN.CO
cBrain
CBRAIN.CO
DKK65.70DKK2.003.14%1.28B
MATAS.CO
Matas A/S
MATAS.CO
DKK105.40DKK1.601.54%3.92B
LASP.CO
Lån og Spar Bank A/S
LASP.CO
DKK1,130.00DKK0.000000000000000.00%3.91B
HH.CO
H+H International A/S
HH.CO
DKK78.20DKK0.10.13%1.28B
DAB.CO
Danske Andelskassers Bank A/S
DAB.CO
DKK18.30DKK0.150.83%4.08B
NNIT.CO
NNIT A/S
NNIT.CO
DKK45.95DKK1.252.80%1.14B
BO.CO
Bang & Olufsen A/S
BO.CO
DKK9.52DKK0.121.28%1.35B
NORTHM.CO
North Media A/S
NORTHM.CO
DKK48.90DKK0.51.03%881.42M
SKJE.CO
Skjern Bank A/S
SKJE.CO
DKK260.50DKK3.501.33%2.47B
MTHH.CO
MT Højgaard Holding
MTHH.CO
DKK372.00DKK1.500.40%2.87B
RTX.CO
RTX A/S
RTX.CO
DKK93.20DKK0.40.43%733.38M
BIOPOR.CO
BioPorto
BIOPOR.CO
DKK0.91DKK0.0171.83%450.54M
DJUR.CO
Djurslands Bank A/S
DJUR.CO
DKK860.00DKK18.002.05%2.27B
FYNBK.CO
Fynske Bank A/S
FYNBK.CO
DKK192.00DKK1.0000.52%1.46B
GABR.CO
Gabriel Holding A/S
GABR.CO
DKK208.00DKK0.000000000000000.00%393.12M
HUSCO.CO
HusCompagniet A/S
HUSCO.CO
DKK31.60DKK0.30.96%678.76M
PRIMOF.CO
Prime Office A/S
PRIMOF.CO
DKK210.00DKK6.002.78%792.78M
COLUM.CO
Columbus A/S
COLUM.CO
DKK9.74DKK0.020.21%1.24B
NAPA.OL
NAPATECH
NAPA.OL
NOK30.85NOK0.61.91%3.40B
PARKEN.CO
Parken Sport (F.C. Copenhagen)
PARKEN.CO
DKK169.50DKK0.000000000000000.00%1.65B
FFARMS.CO
FirstFarms A/S
FFARMS.CO
DKK69.20DKK0.20.29%846.89M
KRE.CO
Kreditbanken A/S
KRE.CO
DKK8,250.00DKK50.000.60%1.39B
ALLR
Allarity Therapeutics, Inc.
ALLR
$1.08$0.0151.37%17.37M
TCM.CO
TCM Group A/S
TCM.CO
DKK65.00DKK0.000000000000000.00%671.56M
LOLB.CO
Lollands Bank A/S
LOLB.CO
DKK880.00DKK5.000.56%950.40M
EGNETY.CO
EgnsINVEST Ejd., Tyskland A/S
EGNETY.CO
DKK146.00DKK2.001.35%342.20M
FLUO.ST
FluoGuide A/S
FLUO.ST
SEK43.60SEK6.0015.96%712.83M
NOAP.OL
NORDIC AQUA PARTNERS AS
NOAP.OL
NOK78.00NOK0.40.52%1.65B
MNBA.CO
Møns Bank
MNBA.CO
DKK384.00DKK6.001.59%768.00M
STRINV.CO
Strategic Investments A/S
STRINV.CO
DKK0.7DKK0.0152.19%282.70M
GERHSP.CO
German High Street Properties A
GERHSP.CO
DKK67.00DKK0.000000000000000.00%244.85M
EXPRS2.ST
ExpreS2ion Biotech Holding AB
EXPRS2.ST
SEK4.66SEK0.3256.53%16.43M
FED.CO
Fast Ejendom Danmark A/S
FED.CO
DKK220.00DKK0.000000000000000.00%565.36M
GREENM.CO
GreenMobility A/S
GREENM.CO
DKK54.40DKK2.804.90%321.86M
FOM.CO
FOM Technologies A/S
FOM.CO
DKK3.05DKK0.195.86%42.18M
5PG.OL
5th Planet Games
5PG.OL
NOK1.63NOK0.3123.57%436.12M
BIF.CO
Brøndbyernes IF Fodbold A/S
BIF.CO
DKK0.261DKK0.0051.88%297.71M
EVAX
Evaxion A/S
EVAX
$3.91$0.092.25%32.61M
SHAPE.CO
Shape Robotics A/S
SHAPE.CO
DKK5.03DKK0.000000000000000.00%95.76M
SKAKO.CO
SKAKO A/S
SKAKO.CO
DKK57.40DKK0.81.41%179.66M
AGAT.CO
Agat Ejendomme A/S
AGAT.CO
DKK1.10DKK0.010.90%129.56M
AGILC.CO
Agillic A/S
AGILC.CO
DKK6.90DKK0.000000000000000.00%76.96M
VIRO.CO
ViroGates A/S
VIRO.CO
DKK11.05DKK0.454.25%102.56M
CEMAT.CO
Cemat A/S
CEMAT.CO
DKK0.85DKK0.022.30%212.37M
SIG.CO
Scandinavian Investment Group A
SIG.CO
DKK3.44DKK0.143.91%150.57M
LIQT
LiqTech International, Inc.
LIQT
$1.59$0.0352.25%15.82M
SANION.ST
Saniona AB
SANION.ST
SEK15.06SEK0.281.89%2.08B
GJ.CO
Glunz & Jensen Holding A/S
GJ.CO
DKK74.50DKK1.502.05%135.69M
STENO.CO
STENOCARE A/S
STENO.CO
DKK0.946DKK0.0363.96%40.86M
WIRTEK.CO
Wirtek A/S
WIRTEK.CO
DKK4.98DKK0.020.40%39.45M
REALFI.ST
Realfiction Holding AB
REALFI.ST
SEK3.50SEK0.4715.51%83.83M
KONSOL.CO
Konsolidator A/S
KONSOL.CO
DKK4.92DKK0.4610.31%121.07M
DANT.CO
Dantax A/S
DANT.CO
DKK274.00DKK0.000000000000000.00%82.20M
2CUREX.ST
2cureX AB
2CUREX.ST
SEK1.20SEK0.032.45%30.00M
MDUNDO.CO
Mdundo.com A/S
MDUNDO.CO
DKK2.50DKK0.14.17%25.49M
ERRIA.CO
Erria A/S
ERRIA.CO
DKK3.68DKK0.12.79%45.22M
PCAT.ST
Photocat A/S
PCAT.ST
SEK2.60SEK0.000000000000000.00%15.59M
DAC.CO
Danish Aerospace Company A/S
DAC.CO
DKK4.88DKK0.020.41%53.60M
AAB.CO
Aalborg Boldspilklub A/S
AAB.CO
DKK27.40DKK0.41.48%73.80M
FASTPC.CO
FastPassCorp A/S
FASTPC.CO
DKK31.60DKK0.000000000000000.00%29.10M
LOYAL.ST
Loyal Solutions A/S
LOYAL.ST
SEK3.72SEK0.000000000000000.00%35.34M
SLXIT.CO
SLXIT.CO,0P0001EV5P,0
SLXIT.CO
DKK2.44DKK0.000000000000000.00%23.50M
ROV.CO
Rovsing A/S
ROV.CO
DKK46.80DKK0.81.68%34.64M
NEWCAP.CO
Newcap Holding A/S
NEWCAP.CO
DKK0.119DKK0.000000000000000.00%14.94M
LEDIBOND.CO
LED iBond International A/S
LEDIBOND.CO
DKK0.023DKK0.00421.62%5.77M
MONSO.CO
Monsenso A/S
MONSO.CO
DKK0.11DKK0.0110.00%7.35M
LAUR.ST
LAUR.ST,0P00018508,0
LAUR.ST
SEK0.236SEK0.000000000000000.00%9.63M
TRST.L
Trustpilot Group
TRST.L
GBp236.00GBp8.603.52%915.51M
COLO-B.CO
Coloplast
COLO-B.CO
DKK426.80DKK0.70.16%96.19B
ORSTED.CO
ORSTED A/S
ORSTED.CO
DKK138.00DKK3.802.68%182.31B