As of September 2, 2024, NOVO NORDISK is the most valuable company in Denmark, with a market cap of $617 billion. Following it are DSV A/S ($37.07 billion) and NOVONESIS A/S ($32.25 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
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) |
|---|---|---|
| 1 | NOVO NORDISK A/S | $617 billion |
| 2 | DSV A/S | $37.07 billion |
| 3 | NOVONESIS A/S | $32.25 billion |
| 4 | COLOPLAST A/S | $30.69 billion |
| 5 | DANSKE BANK A/S | $26.36 billion |
| 6 | ORSTED A/S | $24.35 billion |
| 7 | VESTAS WIND SYSTEMS A/S | $23.18 billion |
| 8 | AP MOLLER MAERSK | $23.16 billion |
| 9 | GENMAB A/S | $17.64 billion |
| 10 | CARLSBERG A/S | $16.8 billion |
| 11 | PANDORA A/S | $14.04 billion |
| 12 | TRYG A/S | $13.73 billion |
| 13 | ZEALAND PHARMA A/S | $9.33 billion |
| 14 | DEMANT A/S | $9.22 billion |
| 15 | ROCKWOOL A/S | $9.17 billion |
| 16 | H. LUNDBECK A/S | $6.85 billion |
| 17 | ALK-ABELLÓ A/S | $5.87 billion |
| 18 | NKT A/S | $5.11 billion |
| 19 | AMBU A/S | $5.06 billion |
| 20 | KØBENHAVNS LUFTHAVNE A/S | $5.03 billion |
| 21 | JYSKE BANK A/S | $4.96 billion |
| 22 | TOPDANMARK A/S | $4.92 billion |
| 23 | SIMCORP | $4.27 billion |
| 24 | RINGKJØBING LANDBOBANK A/S | $4.24 billion |
| 25 | ROYAL UNIBREW A/S | $4.16 billion |
| 26 | SCANDINAVIAN TOBACCO GROUP A/S | $1.28 billion |
| 27 | NORDEN | $1.26 billion |
| 28 | UIE PLC | $1.23 billion |
| 29 | SVITZER GROUP A/S | $1.21 billion |
| 30 | PER AARSLEFF HOLDING A/S | $1.08 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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