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
DKK270.15DKK0.050.02%1.19T
MAERSK-B.CO
Maersk
MAERSK-B.CO
DKK22,600.00DKK400.001.74%324.92B
DSV.CO
DSV A/S
DSV.CO
DKK1,449.00DKK1.500.10%345.87B
VWS.CO
Vestas Wind Systems
VWS.CO
DKK197.45DKK5.652.95%191.88B
GMAB.CO
Genmab A/S
GMAB.CO
DKK3,719.00DKK21.000.57%228.68B
CARL-B.CO
Carlsberg
CARL-B.CO
DKK1,000.50DKK5.000.50%132.24B
DANSKE.CO
Danske Bank A/S
DANSKE.CO
DKK346.40DKK0.70.20%277.87B
TRYG.CO
Tryg
TRYG.CO
DKK161.80DKK0.20.12%96.41B
ASND
Ascendis Pharma
ASND
$249.81$0.8250.33%16.44B
KBHL.CO
Copenhagen Airport
KBHL.CO
DKK5,740.00DKK0.000000000000000.00%45.05B
DEMANT.CO
Demant
DEMANT.CO
DKK365.80DKK3.600.97%77.15B
PNDORA.CO
Pandora
PNDORA.CO
DKK829.40DKK13.201.57%62.04B
ROCK-B.CO
Rockwool
ROCK-B.CO
DKK206.40DKK1.400.67%42.78B
HLUN-B.CO
Lundbeck
HLUN-B.CO
DKK54.95DKK0.81.48%54.52B
JYSK.CO
Jyske Bank
JYSK.CO
DKK1,086.00DKK2.000.18%60.65B
ISS.CO
ISS A/S
ISS.CO
DKK298.00DKK4.801.64%45.51B
RILBA.CO
Ringkjøbing Landbobank
RILBA.CO
DKK1,755.00DKK12.000.69%41.11B
RBREW.CO
Royal Unibrew
RBREW.CO
DKK454.00DKK2.800.62%21.37B
BAKKA.OL
Bakkafrost
BAKKA.OL
NOK426.20NOK8.201.89%25.24B
GN.CO
GN Store Nord
GN.CO
DKK107.00DKK0.750.71%15.58B
ALK-B.CO
ALK-Abelló
ALK-B.CO
DKK246.80DKK1.600.65%54.69B
ALMB.CO
Alm. Brand
ALMB.CO
DKK17.39DKK0.110.64%23.52B
NKT.CO
NKT A/S
NKT.CO
DKK848.50DKK1.500.18%45.35B
BAVA.CO
Bavarian Nordic
BAVA.CO
DKK244.40DKK6.802.71%18.23B
FLS.CO
FLSmidth
FLS.CO
DKK590.00DKK2.000.34%31.15B
DFDS.CO
DFDS A/S
DFDS.CO
DKK162.60DKK0.50.31%8.78B
NETC.CO
Netcompany Group
NETC.CO
DKK355.00DKK6.201.72%15.60B
JDAN.CO
Jeudan
JDAN.CO
DKK199.00DKK0.50.25%11.02B
DNORD.CO
D/S Norden (Dampskibsselskabet Norden)
DNORD.CO
DKK378.20DKK1.800.48%10.27B
SCHO.CO
Aktieselskabet Schouw & Co.
SCHO.CO
DKK825.00DKK3.000.36%18.27B
CHEMM.CO
ChemoMetec
CHEMM.CO
DKK654.50DKK35.005.65%11.23B
ZEAL.CO
Zealand Pharma
ZEAL.CO
DKK234.20DKK2.701.17%15.53B
STG.CO
Scandinavian Tobacco Group
STG.CO
DKK76.20DKK1.0001.30%6.00B
CADLR.OL
CADELER A/S
CADLR.OL
NOK58.20NOK2.804.59%22.46B
NTG.CO
NTG Nordic Transport Group A/S
NTG.CO
DKK328.00DKK3.000.91%7.06B
PAAL-B.CO
Per Aarsleff Holding A/S B
PAAL-B.CO
DKK716.00DKK9.001.27%13.49B
BETCO.ST
Better Collective A/S
BETCO.ST
SEK64.50SEK1.502.38%3.65B
SOLAR-B.CO
Solar A/S
SOLAR-B.CO
DKK206.00DKK6.003.00%1.64B
TIV.CO
Tivoli A/S
TIV.CO
DKK608.00DKK0.000000000000000.00%3.48B
SPG.CO
SP Group A/S
SPG.CO
DKK460.00DKK0.000000000000000.00%5.40B
CBRAIN.CO
cBrain
CBRAIN.CO
DKK102.20DKK0.80.78%2.00B
MATAS.CO
Matas A/S
MATAS.CO
DKK95.60DKK0.50.53%3.51B
LASP.CO
Lån og Spar Bank A/S
LASP.CO
DKK1,360.00DKK0.000000000000000.00%4.70B
HH.CO
H+H International A/S
HH.CO
DKK95.00DKK0.000000000000000.00%1.56B
DAB.CO
Danske Andelskassers Bank A/S
DAB.CO
DKK14.85DKK0.050.34%3.31B
NNIT.CO
NNIT A/S
NNIT.CO
DKK41.75DKK0.61.42%1.04B
BO.CO
Bang & Olufsen A/S
BO.CO
DKK10.86DKK0.222.07%1.55B
NORTHM.CO
North Media A/S
NORTHM.CO
DKK51.20DKK0.20.39%922.88M
SKJE.CO
Skjern Bank A/S
SKJE.CO
DKK398.00DKK9.002.31%3.74B
MTHH.CO
MT Højgaard Holding
MTHH.CO
DKK287.50DKK6.502.31%2.22B
RTX.CO
RTX A/S
RTX.CO
DKK100.00DKK0.60.60%775.37M
BIOPOR.CO
BioPorto
BIOPOR.CO
DKK1.000DKK0.010.99%495.10M
DJUR.CO
Djurslands Bank A/S
DJUR.CO
DKK1,165.00DKK0.000000000000000.00%3.06B
FYNBK.CO
Fynske Bank A/S
FYNBK.CO
DKK202.00DKK0.000000000000000.00%1.53B
GABR.CO
Gabriel Holding A/S
GABR.CO
DKK220.00DKK2.000.90%401.64M
HUSCO.CO
HusCompagniet A/S
HUSCO.CO
DKK23.40DKK0.10.43%501.48M
PRIMOF.CO
Prime Office A/S
PRIMOF.CO
DKK238.00DKK4.001.71%898.48M
COLUM.CO
Columbus A/S
COLUM.CO
DKK9.26DKK0.000000000000000.00%1.17B
NAPA.OL
NAPATECH
NAPA.OL
NOK35.70NOK1.303.51%3.96B
PARKEN.CO
Parken Sport (F.C. Copenhagen)
PARKEN.CO
DKK248.00DKK5.001.98%2.42B
FFARMS.CO
FirstFarms A/S
FFARMS.CO
DKK68.40DKK0.40.59%836.64M
KRE.CO
Kreditbanken A/S
KRE.CO
DKK9,750.00DKK50.000.52%1.64B
ALLR
Allarity Therapeutics, Inc.
ALLR
$0.99$0.0121.26%15.75M
TCM.CO
TCM Group A/S
TCM.CO
DKK68.20DKK0.20.29%706.25M
LOLB.CO
Lollands Bank A/S
LOLB.CO
DKK910.00DKK6.000.66%982.80M
EGNETY.CO
EgnsINVEST Ejd., Tyskland A/S
EGNETY.CO
DKK140.00DKK2.001.41%322.18M
FLUO.ST
FluoGuide A/S
FLUO.ST
SEK30.30SEK0.20.66%495.38M
NOAP.OL
NORDIC AQUA PARTNERS AS
NOAP.OL
NOK93.00NOK0.20.22%1.97B
MNBA.CO
Møns Bank
MNBA.CO
DKK397.00DKK1.0000.25%794.00M
STRINV.CO
Strategic Investments A/S
STRINV.CO
DKK0.57DKK0.000000000000000.00%236.83M
GERHSP.CO
German High Street Properties A
GERHSP.CO
DKK65.50DKK0.000000000000000.00%239.37M
EXPRS2.ST
ExpreS2ion Biotech Holding AB
EXPRS2.ST
SEK1.00SEK0.0080.81%39.47M
FED.CO
Fast Ejendom Danmark A/S
FED.CO
DKK232.00DKK0.000000000000000.00%582.08M
GLTO
GLTO
$0.00000000000000$0.000000000000000.00%0.00000000000000
GREENM.CO
GreenMobility A/S
GREENM.CO
DKK64.60DKK0.40.62%376.57M
FOM.CO
FOM Technologies A/S
FOM.CO
DKK1.60DKK0.021.27%22.13M
5PG.OL
5th Planet Games
5PG.OL
NOK0.962NOK0.0222.34%258.66M
BIF.CO
Brøndbyernes IF Fodbold A/S
BIF.CO
DKK0.286DKK0.0010.35%326.23M
EVAX
Evaxion A/S
EVAX
$2.98$0.062.05%26.88M
AGAT.CO
Agat Ejendomme A/S
AGAT.CO
DKK0.825DKK0.011.20%108.57M
AGILC.CO
Agillic A/S
AGILC.CO
DKK6.15DKK0.000000000000000.00%68.59M
VIRO.CO
ViroGates A/S
VIRO.CO
DKK6.75DKK0.7510.00%62.65M
CEMAT.CO
Cemat A/S
CEMAT.CO
DKK0.85DKK0.011.19%212.37M
SIG.CO
Scandinavian Investment Group A
SIG.CO
DKK3.48DKK0.020.57%158.71M
LIQT
LiqTech International, Inc.
LIQT
$0.31$0.013.12%10.22M
SANION.ST
Saniona AB
SANION.ST
SEK10.59SEK0.040.38%1.46B
GJ.CO
Glunz & Jensen Holding A/S
GJ.CO
DKK82.00DKK2.002.38%149.35M
STENO.CO
STENOCARE A/S
STENO.CO
DKK0.718DKK0.0081.13%31.01M
WIRTEK.CO
Wirtek A/S
WIRTEK.CO
DKK3.28DKK0.289.33%25.98M
REALFI.ST
Realfiction Holding AB
REALFI.ST
SEK0.085SEK0.00121.40%20.45M
KONSOL.CO
Konsolidator A/S
KONSOL.CO
DKK3.92DKK0.041.01%105.64M
DANT.CO
Dantax A/S
DANT.CO
DKK291.00DKK1.0000.34%87.30M
MDUNDO.CO
Mdundo.com A/S
MDUNDO.CO
DKK1.10DKK0.2116.03%21.22M
ERRIA.CO
Erria A/S
ERRIA.CO
DKK4.50DKK0.153.23%82.61M
PCAT.ST
Photocat A/S
PCAT.ST
SEK3.30SEK0.020.60%19.78M
AAB.CO
Aalborg Boldspilklub A/S
AAB.CO
DKK27.00DKK1.0003.85%72.72M
FASTPC.CO
FastPassCorp A/S
FASTPC.CO
DKK42.00DKK0.000000000000000.00%47.55M
LOYAL.ST
Loyal Solutions A/S
LOYAL.ST
SEK10.00SEK0.020.20%95.00M
ROV.CO
Rovsing A/S
ROV.CO
DKK36.90DKK1.0002.79%41.96M
NEWCAP.CO
NewCap Holding A/S
NEWCAP.CO
DKK520.00DKK0.000000000000000.00%129.99M
MONSO.CO
Monsenso A/S
MONSO.CO
DKK0.25DKK0.0419.05%24.19M
TRST.L
Trustpilot Group
TRST.L
GBp257.20GBp4.201.61%988.40M
COLO-B.CO
Coloplast
COLO-B.CO
DKK495.70DKK14.302.97%111.71B
ORSTED.CO
Ørsted A/S
ORSTED.CO
DKK135.75DKK0.650.48%179.33B