Largest listed companies in Denmark by revenue
Largest listed companies in Denmark by revenue
- At the top: A.P. Møller - Mærsk A/S (DKK 356.6bn), Novo Nordisk A/S (DKK 309.1bn), DSV A/S (DKK 247.3bn).
| Rank | Company | ||
|---|---|---|---|
| 1 | A.P. Møller - Mærsk A/S | DKK 356.6bn | 2025 · USD 54.0bn |
| 2 | Novo Nordisk A/S | DKK 309.1bn | 2025 |
| 3 | DSV A/S | DKK 247.3bn | 2025 |
| 4 | Vestas Wind Systems A/S | DKK 140.5bn | 2025 · EUR 18.8bn |
| 5 | Carlsberg A/S | DKK 89.1bn | 2025 |
| 6 | ISS A/S | DKK 84.7bn | 2025 |
| 7 | Ørsted A/S | DKK 73.2bn | 2025 |
| 8 | Aktieselskabet Schouw & Co. | DKK 34.1bn | 2025 |
| 9 | Pandora A/S | DKK 32.5bn | 2025 |
| 10 | Novozymes A/S | DKK 31.0bn | 2025 · EUR 4.2bn |
| 11 | DFDS A/S | DKK 30.9bn | 2025 |
| 12 | Coloplast A/S | DKK 27.9bn | 2024/25 |
| 13 | Rockwool A/S | DKK 27.0bn | 2025 · EUR 3.6bn |
| 14 | NKT A/S | DKK 26.6bn | 2025 · EUR 3.6bn |
| 15 | H. Lundbeck A/S | DKK 24.6bn | 2025 |
| 16 | Genmab A/S | DKK 24.6bn | 2025 · USD 3.7bn |
| 17 | Demant A/S | DKK 23.0bn | 2025 |
| 18 | Per Aarsleff Holding A/S | DKK 22.6bn | 2024/25 |
| 19 | Dampskibsselskabet Norden A/S | DKK 20.6bn | 2025 · USD 3.1bn |
| 20 | BioMar Group A/S | DKK 16.5bn | 2025 |
| 21 | Royal Unibrew A/S | DKK 15.7bn | 2025 |
| 22 | FLSmidth & Co. A/S | DKK 14.6bn | 2025 |
| 23 | Solar A/S | DKK 12.2bn | 2025 |
| 24 | NTG Nordic Transport Group A/S | DKK 11.4bn | 2025 |
| 25 | MT Højgaard Holding A/S | DKK 10.2bn | 2025 |
| 26 | GN Store Nord A/S | DKK 9.6bn | 2025 |
| 27 | Zealand Pharma A/S | DKK 9.2bn | 2025 |
| 28 | Scandinavian Tobacco Group A/S | DKK 9.0bn | 2025 |
| 29 | Matas A/S | DKK 8.8bn | 2025/26 |
| 30 | Topsoe A/S | DKK 8.2bn | 2025 |
| 31 | Netcompany Group A/S | DKK 7.9bn | 2025 |
| 32 | Nilfisk Holding A/S | DKK 7.4bn | 2025 · EUR 996m |
| 33 | Svitzer Group A/S | DKK 6.3bn | 2025 |
| 34 | ALK-Abelló A/S | DKK 6.3bn | 2025 |
| 35 | Bavarian Nordic A/S | DKK 6.2bn | 2025 |
| 36 | Brødrene A. & O. Johansen A/S | DKK 6.1bn | 2025 |
| 37 | Ambu A/S | DKK 6.0bn | 2024/25 |
| 38 | European Energy A/S | DKK 5.7bn | 2025 · EUR 766m |
| 39 | Københavns Lufthavne A/S | DKK 5.5bn | 2025 |
| 40 | Ascendis Pharma A/S | DKK 5.4bn | 2025 · EUR 720m |
| 41 | Cadeler A/S | DKK 4.6bn | 2025 · EUR 620m |
| 42 | InstallatørGruppen A/S | DKK 3.7bn | 2025 |
| 43 | HusCompagniet A/S | DKK 3.0bn | 2025 |
| 44 | H+H International A/S | DKK 2.7bn | 2025 |
| 45 | Gubra A/S | DKK 2.6bn | 2025 |
| 46 | Better Collective A/S | DKK 2.5bn | 2025 · EUR 337m |
| 47 | Goodvalley A/S | DKK 2.5bn | 2025 |
| 48 | Bang & Olufsen A/S | DKK 2.5bn | 2025/26 |
| 49 | Flügger group A/S | DKK 2.3bn | 2025/26 |
| 50 | Parken Sport & Entertainment A/S | DKK 1.9bn | 2025 |
| 51 | NNIT A/S | DKK 1.8bn | 2025 |
| 52 | Jeudan A/S | DKK 1.8bn | 2025 |
| 53 | Harboes Bryggeri A/S | DKK 1.7bn | 2025/26 |
| 54 | Columbus A/S | DKK 1.6bn | 2025 |
| 55 | Tivoli A/S | DKK 1.3bn | 2025 |
| 56 | North Media A/S | DKK 1.3bn | 2025 |
| 57 | Gyldendal A/S | DKK 799m | 2025 |
| 58 | Adform A/S | DKK 771m | 2025 · EUR 103m |
| 59 | RTX A/S | DKK 547m | 2024/25 |
| 60 | Gabriel Holding A/S | DKK 516m | 2024/25 |
| 61 | ChemoMetec A/S | DKK 496m | 2024/25 |
| 62 | Nordic Bioscience Holding A/S | DKK 426m | 2025 |
| 63 | FirstFarms A/S | DKK 379m | 2025 |
| 64 | Brd. Klee A/S | DKK 352m | 2024/25 |
| 65 | Rias A/S | DKK 303m | 2024/25 |
| 66 | Asetek A/S | DKK 274m | 2025 · USD 41m |
| 67 | cBrain A/S | DKK 251m | 2025 |
| 68 | Roblon Aktieselskab | DKK 237m | 2024/25 |
| 69 | Prime Office A/S | DKK 204m | 2025 |
| 70 | AGF A/S | DKK 188m | 2024/25 |
| 71 | Cemat A/S | DKK 165m | 2025 |
| 72 | GreenMobility A/S | DKK 154m | 2025 |
| 73 | Park Street A/S | DKK 152m | 2025 |
| 74 | Napatech A/S | DKK 147m | 2025 |
| 75 | Glunz & Jensen Holding A/S | DKK 144m | 2025 |
| 76 | NewCap Holding A/S | DKK 89m | 2025 · EUR 12m |
| 77 | Papirfabrikken Invest A/S | DKK 75m | 2025 |
| 78 | Agat Ejendomme A/S | DKK 72m | 2025/26 |
| 79 | Egnsinvest Ejendomme Tyskland A/S | DKK 60m | 2025 |
| 80 | Agillic A/S | DKK 58m | 2025 |
| 81 | Ennogie Solar Group A/S | DKK 53m | 2025 |
| 82 | Linkfire A/S | DKK 43m | 2025 |
| 83 | BioPorto A/S | DKK 40m | 2025 |
| 84 | FOM Technologies A/S | DKK 39m | 2025 |
| 85 | German High Street Properties A/S | DKK 37m | 2025 · EUR 5m |
| 86 | Rovsing A/S | DKK 37m | 2024/25 |
| 87 | Konsolidator A/S | DKK 25m | 2025 |
| 88 | Dantax A/S | DKK 25m | 2024/25 |
| 89 | 5th Planet Games A/S | DKK 4m | 2025 |
| 90 | SP Group A/S | DKK 3m | 2025 |
| 91 | TCM Group A/S | DKK 1m | 2025 |
| 92 | Strategic Partners A/S | DKK 309,000 | 2025 |
| 93 | Investeringsselskabet af 3. november 2025 A/S | DKK 0 | 2025 |
| 94 | Pharma Equity Group A/S | DKK 0 | 2025 |
Each company’s latest financial year ending within the past 18 months. Figures in other currencies are converted to kroner at the year’s average rate from Eurostat. Growth compares revenue with the year before in the company’s own currency and includes only companies with revenue above DKK 500m, and at least DKK 250m the year before.
Methodology
The figures come from the reports that Danish issuers of listed securities must file in the EU's machine-readable ESEF format (European Single Electronic Format). They are collected from filings.xbrl.org, which gathers filings from the national registers. A report typically arrives there some weeks after the company publishes it, so the latest figures can lag the company's own announcement.
The key figures are the standard IFRS items for the whole group: revenue (Revenue), operating profit (ProfitLossFromOperatingActivities), net profit (ProfitLoss), basic earnings per share, equity, total assets and cash flow from operating activities. Figures broken down by segment, region or product are not included. Where a later report restates an earlier period, the restated figures are shown. A financial year is a year-long period ending on the company's own year-end; the rolling twelve-month figures some interim reports give are not counted as one. Banks and insurers report no revenue, so their pages show the figures they have.
Amounts are shown in the currency each company reports in. Some filings tag their figures with the wrong currency; where the filing itself or the company's earlier filings show that, the figures are shown in the currency the company actually reports in. In the size and profit rankings, amounts in other currencies are converted to Danish kroner at the year's average rate from Eurostat. The rankings cover companies that report earnings per share (in practice, companies with listed shares) and their latest financial year ending within the past 18 months. Growth compares revenue with the year before in the company's own currency and includes only companies with revenue above DKK 500m, and at least DKK 250m the year before. Companies that have issued only bonds have a page but are not ranked.
Names are shown as registered, in ordinary capitalisation rather than capitals. The figures are checked daily.
Sources
Cite this as: BusinessNU, “Company financials: Denmark's listed companies”.