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
DKK286.20DKK3.251.15%1.27T
MAERSK-B.CO
Maersk
MAERSK-B.CO
DKK15,305.00DKK160.001.06%221.52B
DSV.CO
DSV A/S
DSV.CO
DKK1,427.50DKK24.001.65%340.55B
VWS.CO
Vestas Wind Systems
VWS.CO
DKK190.00DKK4.002.06%187.02B
GMAB.CO
Genmab A/S
GMAB.CO
DKK1,747.00DKK39.502.31%107.25B
CARL-B.CO
Carlsberg
CARL-B.CO
DKK854.60DKK2.200.26%112.95B
DANSKE.CO
Danske Bank A/S
DANSKE.CO
DKK319.90DKK2.400.76%259.17B
TRYG.CO
Tryg
TRYG.CO
DKK150.00DKK0.70.46%89.38B
ASND
Ascendis Pharma
ASND
$228.71$7.783.52%14.13B
KBHL.CO
Copenhagen Airport
KBHL.CO
DKK5,960.00DKK100.001.65%46.77B
DEMANT.CO
Demant
DEMANT.CO
DKK208.60DKK4.201.97%43.99B
PNDORA.CO
Pandora
PNDORA.CO
DKK499.30DKK1.100.22%37.23B
ROCK-B.CO
Rockwool
ROCK-B.CO
DKK179.90DKK0.10.06%38.10B
HLUN-B.CO
Lundbeck
HLUN-B.CO
DKK43.02DKK1.142.72%42.68B
JYSK.CO
Jyske Bank
JYSK.CO
DKK880.00DKK8.000.92%50.45B
ISS.CO
ISS A/S
ISS.CO
DKK249.00DKK10.004.18%39.35B
RILBA.CO
Ringkjøbing Landbobank
RILBA.CO
DKK1,568.00DKK2.000.13%37.59B
RBREW.CO
Royal Unibrew
RBREW.CO
DKK411.00DKK5.001.20%19.99B
BAKKA.OL
Bakkafrost
BAKKA.OL
NOK443.00NOK11.202.47%26.27B
GN.CO
GN Store Nord
GN.CO
DKK99.20DKK0.320.32%14.44B
ALK-B.CO
ALK-Abelló
ALK-B.CO
DKK253.80DKK5.202.01%56.23B
ALMB.CO
Alm. Brand
ALMB.CO
DKK15.09DKK0.090.59%21.15B
NKT.CO
NKT A/S
NKT.CO
DKK938.00DKK13.001.37%50.14B
BAVA.CO
Bavarian Nordic
BAVA.CO
DKK189.70DKK0.10.05%14.54B
FLS.CO
FLSmidth
FLS.CO
DKK452.20DKK9.002.03%24.51B
DFDS.CO
DFDS A/S
DFDS.CO
DKK116.20DKK18.7013.86%6.28B
NETC.CO
Netcompany Group
NETC.CO
DKK374.40DKK5.401.42%16.85B
JDAN.CO
Jeudan
JDAN.CO
DKK204.00DKK3.001.45%11.30B
DNORD.CO
D/S Norden (Dampskibsselskabet Norden)
DNORD.CO
DKK311.00DKK3.000.97%8.73B
SCHO.CO
Aktieselskabet Schouw & Co.
SCHO.CO
DKK668.00DKK12.001.76%15.13B
CHEMM.CO
ChemoMetec
CHEMM.CO
DKK304.80DKK18.605.75%5.30B
ZEAL.CO
Zealand Pharma
ZEAL.CO
DKK308.20DKK9.303.11%21.76B
STG.CO
Scandinavian Tobacco Group
STG.CO
DKK69.20DKK0.10.14%5.45B
CADLR.OL
CADELER A/S
CADLR.OL
NOK66.10NOK0.550.84%25.51B
NTG.CO
NTG Nordic Transport Group A/S
NTG.CO
DKK180.00DKK5.002.70%3.96B
PAAL-B.CO
Per Aarsleff Holding A/S B
PAAL-B.CO
DKK743.00DKK8.001.07%13.91B
BETCO.ST
Better Collective A/S
BETCO.ST
SEK142.00SEK2.801.93%8.22B
SOLAR-B.CO
Solar A/S
SOLAR-B.CO
DKK203.00DKK0.000000000000000.00%1.61B
TIV.CO
Tivoli A/S
TIV.CO
DKK640.00DKK2.000.31%3.66B
NLFSK.CO
Nilfisk Holding
NLFSK.CO
DKK139.20DKK0.40.29%3.78B
SPG.CO
SP Group A/S
SPG.CO
DKK371.50DKK3.000.81%4.37B
CBRAIN.CO
cBrain
CBRAIN.CO
DKK62.80DKK0.30.48%1.23B
MATAS.CO
Matas A/S
MATAS.CO
DKK100.80DKK2.202.14%3.75B
LASP.CO
Lån og Spar Bank A/S
LASP.CO
DKK1,225.00DKK0.000000000000000.00%4.24B
HH.CO
H+H International A/S
HH.CO
DKK105.80DKK0.80.75%1.73B
DAB.CO
Danske Andelskassers Bank A/S
DAB.CO
DKK16.75DKK0.10.59%3.73B
NNIT.CO
NNIT A/S
NNIT.CO
DKK43.60DKK0.000000000000000.00%1.09B
BO.CO
Bang & Olufsen A/S
BO.CO
DKK8.82DKK0.040.45%1.25B
NORTHM.CO
North Media A/S
NORTHM.CO
DKK49.90DKK0.10.20%899.44M
SKJE.CO
Skjern Bank A/S
SKJE.CO
DKK305.50DKK0.50.16%2.86B
MTHH.CO
MT Højgaard Holding
MTHH.CO
DKK337.50DKK5.001.50%2.60B
RTX.CO
RTX A/S
RTX.CO
DKK93.40DKK2.402.51%730.72M
BIOPOR.CO
BioPorto
BIOPOR.CO
DKK1.21DKK0.0050.41%599.07M
DJUR.CO
Djurslands Bank A/S
DJUR.CO
DKK930.00DKK8.000.87%2.45B
FYNBK.CO
Fynske Bank A/S
FYNBK.CO
DKK187.00DKK1.500.80%1.42B
GABR.CO
Gabriel Holding A/S
GABR.CO
DKK256.00DKK0.000000000000000.00%483.57M
HUSCO.CO
HusCompagniet A/S
HUSCO.CO
DKK36.40DKK0.41.11%780.08M
PRIMOF.CO
Prime Office A/S
PRIMOF.CO
DKK202.00DKK0.000000000000000.00%762.58M
COLUM.CO
Columbus A/S
COLUM.CO
DKK9.90DKK0.151.49%1.26B
NAPA.OL
NAPATECH
NAPA.OL
NOK32.45NOK0.551.67%3.57B
PARKEN.CO
Parken Sport (F.C. Copenhagen)
PARKEN.CO
DKK176.00DKK4.002.22%1.72B
FFARMS.CO
FirstFarms A/S
FFARMS.CO
DKK72.00DKK0.40.55%880.68M
KRE.CO
Kreditbanken A/S
KRE.CO
DKK7,900.00DKK200.002.47%1.33B
ALLR
Allarity Therapeutics, Inc.
ALLR
$1.25$0.053.85%19.77M
TCM.CO
TCM Group A/S
TCM.CO
DKK67.80DKK1.201.74%700.49M
LOLB.CO
Lollands Bank A/S
LOLB.CO
DKK852.00DKK30.003.40%920.16M
EGNETY.CO
EgnsINVEST Ejd., Tyskland A/S
EGNETY.CO
DKK143.00DKK0.000000000000000.00%330.19M
FLUO.ST
FluoGuide A/S
FLUO.ST
SEK41.90SEK0.51.18%685.04M
NOAP.OL
NORDIC AQUA PARTNERS AS
NOAP.OL
NOK87.60NOK1.001.15%1.86B
MNBA.CO
Møns Bank
MNBA.CO
DKK401.00DKK6.001.52%802.00M
STRINV.CO
Strategic Investments A/S
STRINV.CO
DKK0.81DKK0.068.00%339.29M
GERHSP.CO
German High Street Properties A
GERHSP.CO
DKK69.00DKK0.000000000000000.00%252.16M
EXPRS2.ST
ExpreS2ion Biotech Holding AB
EXPRS2.ST
SEK1.98SEK0.0150.77%19.52M
FED.CO
Fast Ejendom Danmark A/S
FED.CO
DKK226.00DKK2.000.89%577.98M
GREENM.CO
GreenMobility A/S
GREENM.CO
DKK87.60DKK2.202.45%518.29M
FOM.CO
FOM Technologies A/S
FOM.CO
DKK2.90DKK0.247.64%40.10M
5PG.OL
5th Planet Games
5PG.OL
NOK1.76NOK0.189.30%471.53M
BIF.CO
Brøndbyernes IF Fodbold A/S
BIF.CO
DKK0.274DKK0.0020.72%312.54M
EVAX
Evaxion A/S
EVAX
$4.57$0.0751.67%38.11M
SHAPE.CO
Shape Robotics A/S
SHAPE.CO
DKK5.03DKK0.000000000000000.00%95.76M
AGAT.CO
Agat Ejendomme A/S
AGAT.CO
DKK1.12DKK0.000000000000000.00%131.92M
AGILC.CO
Agillic A/S
AGILC.CO
DKK6.90DKK0.050.72%76.96M
VIRO.CO
ViroGates A/S
VIRO.CO
DKK11.10DKK0.98.82%103.03M
CEMAT.CO
Cemat A/S
CEMAT.CO
DKK0.838DKK0.0121.41%209.37M
SIG.CO
Scandinavian Investment Group A
SIG.CO
DKK3.48DKK0.000000000000000.00%151.98M
LIQT
LiqTech International, Inc.
LIQT
$2.03$0.188.14%20.19M
SANION.ST
Saniona AB
SANION.ST
SEK14.12SEK0.181.26%1.95B
GJ.CO
Glunz & Jensen Holding A/S
GJ.CO
DKK74.00DKK0.000000000000000.00%134.78M
STENO.CO
STENOCARE A/S
STENO.CO
DKK1.40DKK0.2420.69%60.47M
WIRTEK.CO
Wirtek A/S
WIRTEK.CO
DKK4.52DKK0.000000000000000.00%35.81M
REALFI.ST
Realfiction Holding AB
REALFI.ST
SEK3.24SEK0.113.28%77.60M
KONSOL.CO
Konsolidator A/S
KONSOL.CO
DKK4.94DKK0.020.40%121.57M
DANT.CO
Dantax A/S
DANT.CO
DKK336.00DKK17.005.33%100.80M
2CUREX.ST
2cureX AB
2CUREX.ST
SEK1.84SEK0.042.13%46.24M
MDUNDO.CO
Mdundo.com A/S
MDUNDO.CO
DKK1.20DKK0.054.35%13.60M
ERRIA.CO
Erria A/S
ERRIA.CO
DKK3.73DKK0.082.10%46.01M
PCAT.ST
Photocat A/S
PCAT.ST
SEK5.80SEK0.000000000000000.00%34.77M
DAC.CO
Danish Aerospace Company A/S
DAC.CO
DKK3.14DKK0.0953.13%60.25M
AAB.CO
Aalborg Boldspilklub A/S
AAB.CO
DKK29.20DKK0.82.67%78.65M
FASTPC.CO
FastPassCorp A/S
FASTPC.CO
DKK29.00DKK1.203.97%32.83M
LOYAL.ST
Loyal Solutions A/S
LOYAL.ST
SEK5.12SEK0.000000000000000.00%48.64M
SLXIT.CO
SLXIT.CO,0P0001EV5P,0
SLXIT.CO
DKK2.44DKK0.000000000000000.00%23.50M
ROV.CO
Rovsing A/S
ROV.CO
DKK40.00DKK2.005.26%29.61M
NEWCAP.CO
Newcap Holding A/S
NEWCAP.CO
DKK0.525DKK0.07316.15%259.11M
MONSO.CO
Monsenso A/S
MONSO.CO
DKK0.16DKK0.0074.58%10.68M
LAUR.ST
LAUR.ST,0P00018508,0
LAUR.ST
SEK0.236SEK0.000000000000000.00%0.00000000000000
TRST.L
Trustpilot Group
TRST.L
GBp268.80GBp8.603.31%1.04B
COLO-B.CO
Coloplast
COLO-B.CO
DKK407.00DKK0.70.17%91.72B
ORSTED.CO
ORSTED A/S
ORSTED.CO
DKK165.80DKK2.351.40%219.03B