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Executive Roundtable

Denmark’s Largest Companies by market capitalization, 2024

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As of December 23, 2024, NOVO NORDISK is the most valuable company in Denmark, with a market cap of $364 billion. Following it are DSV A/S ($49.36 billion) and NOVONESIS A/S ($26.26 billion).

Which one is the most valuable in Denmark by market cap? This list comprises the biggest companies currently in Denmark by market cap in 2024:

Denmark's Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPTIAL (USD DOLLAR)
1NOVO NORDISK A/S$364 billion
2DSV A/S$49.36 billion
3NOVONESIS A/S$26.26 billion
4COLOPLAST A/S$25.06 billion
5AP MOLLER MAERSK$24.64 billion
6DANSKE BANK A/S$22.83 billion
7ORSTED A/S$19.51 billion
8PANDORA A/S$14.08 billion
9VESTAS WIND SYSTEMS A/S$13.3 billion
10CARLSBERG A/S$13.27 billion
11GENMAB A/S$12.97 billion
12TRYG A/S$12.84 billion
13DEMANT A/S$8.01 billion
14ROCKWOOL A/S$7.5 billion
15ZEALAND PHARMA A/S$7.18 billion
16KØBENHAVNS LUFTHAVNE A/S$6.71 billion
17H. LUNDBECK A/S$5.38 billion
18ALK-ABELLÓ A/S$4.98 billion
19JYSKE BANK A/S$4.2 billion
20RINGKJØBING LANDBOBANK A/S$4.2 billion
21SIMCORP$4.02 billion
22AMBU A/S$3.95 billion
23NKT A/S$3.82 billion
24ROYAL UNIBREW A/S$3.51 billion
25SPAR NORD BANK A/S$3.28 billion
26ISS A/S$3.18 billion
27ALM. BRAND A/S$2.87 billion
28FLSMIDTH & CO. A/S$2.83 billion
29GN STORE NORD A/S$2.67 billion
30SYDBANK A/S$2.6 billion

Market capitalization, commonly known as market cap, refers to the total market value of a company’s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company’s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).


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Katherina Davis, Ph.D.
Katherina Davis, PhD in Media Leadership & Organizational Change, is the Deputy News Editor at CEOWORLD Magazine, where she specializes in thought leadership, executive branding, and financial storytelling for a global business audience. With a career that spans over 12 years in fintech journalism and brand communications, Katherina has a reputation for turning complex financial data into stories that engage, educate, and drive strategic value.

Before joining CEOWORLD, she served as a content strategist for leading fintech startups and contributed to publications focused on market intelligence and innovation. Katherina’s editorial focus includes C-suite positioning, PR during IPOs, M&A communications, and business transformation strategies. She holds a degree in Business Journalism and an executive certificate in Digital Brand Strategy.

At CEOWORLD, she directs a team of writers and analysts, producing insightful features on corporate finance, executive reputation, and market disruption. Katherina also mentors young professionals in business communications and has spoken at multiple international conferences on digital finance media. She brings a mix of journalistic integrity and strategic messaging to her role, helping CEOWORLD’s audience stay ahead of financial trends while strengthening their leadership narratives.

Email Katherina Davis at katherina@ceoworld.biz