As of March 10, 2024, NOVO NORDISK is the most valuable company in Denmark, with a market cap of $593 billion. Following it are DSV A/S ($32.51 billion) and COLOPLAST A/S ($32.07 billion). Denmark’s top five most valuable companies include some of the world’s most renowned brands: VESTAS WIND SYSTEMS (No. 4, $28.92 billion) and NOVOZYMES A/S (No. 5, $28.43 billion).
Overall, among Denmark’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by DANSKE BANK, ORSTED A/S, AP MOLLER MAERSK, GENMAB A/S, and CARLSBERG A/S.
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) | CEO |
|---|---|---|---|
| 1 | NOVO NORDISK A/S | $593 billion | Lars Fruergaard Jørgensen |
| 2 | DSV A/S | $32.51 billion | Jens Bjørn Andersen |
| 3 | COLOPLAST A/S | $32.07 billion | Kristian Villumsen |
| 4 | VESTAS WIND SYSTEMS A/S | $28.92 billion | Henrik Andersen |
| 5 | NOVONESIS A/S | $28.43 billion | Ester Baiget |
| 6 | DANSKE BANK A/S | $25.8 billion | Carsten Rasch Egeriis |
| 7 | ORSTED A/S | $22.98 billion | Mads Nipper |
| 8 | AP MOLLER MAERSK | $21.59 billion | Vincent Clerc |
| 9 | GENMAB A/S | $19.64 billion | Jan G. J. van de Winkel |
| 10 | CARLSBERG A/S | $19.37 billion | Jacob Aarup-Andersen |
| 11 | PANDORA A/S | $13.91 billion | Alexander Lacik |
| 12 | TRYG A/S | $13.2 billion | Johan Kirstein Brammer |
| 13 | DEMANT A/S | $11.71 billion | Søren Nielsen |
| 14 | ZEALAND PHARMA A/S | $6.73 billion | Adam Steensberg |
| 15 | ROCKWOOL A/S | $6.54 billion | Jens Birgersson |
| 16 | KØBENHAVNS LUFTHAVNE A/S | $6.29 billion | Christian Poulsen |
| 17 | JYSKE BANK A/S | $5.31 billion | Anders Christian Dam |
| 18 | AMBU A/S | $4.76 billion | Britt Meelby Jensen |
| 19 | H. LUNDBECK A/S | $4.61 billion | Deborah Dunsire |
| 20 | RINGKJØBING LANDBOBANK A/S | $4.56 billion | John Bull Fisker |
| 21 | NKT A/S | $4.41 billion | Claes Westerlind |
| 22 | ALK-ABELLÓ A/S | $4.28 billion | Carsten Hellmann |
| 23 | SIMCORP | $4.22 billion | Christian Kromann |
| 24 | TOPDANMARK A/S | $3.98 billion | Peter Hermann |
| 25 | ISS A/S | $3.33 billion | Kasper Fangel |
| 26 | CHEMOMETEC A/S | $1.41 billion | Rasmus Kofoed |
| 27 | NORDEN | $1.36 billion | Jan Rindbo |
| 28 | CBRAIN A/S | $1.03 billion | Per Tejs Knudsen |
| 29 | UIE PLC | $0.993 billion | Carl Bek-Nielsen |
| 30 | PER AARSLEFF HOLDING A/S | $0.918 billion | Jesper Kristian Jacobsen |
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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