Danish Potentially Undervalued Companies

Demant

Market Cap: DKK 45.6b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

HusCompagniet

Market Cap: DKK 782.4m

Engages in the construction of single-family detached houses in Denmark and Sweden.

Trifork Group

Market Cap: DKK 1.7b

Provides information technology and other business services in Switzerland, Denmark, the United Kingdom, the Netherlands, the United States, and internationally.

Carlsberg

Market Cap: DKK 112.3b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Scandinavian Tobacco Group

Market Cap: DKK 7.4b

Manufactures and sells tobacco products in North America, Europe, and internationally.

H. Lundbeck

Market Cap: DKK 41.1b

Engages in the research, development, manufacturing, and commercializing pharmaceuticals for the treatment of psychiatric and neurological disorders in Europe, United States, and internationally.

Aktieselskabet Schouw

Market Cap: DKK 14.6b

An industrial conglomerate, provides feed products used in aquaculture in Norway, Chile, Denmark, the United Kingdom, the United States, Ecuador, and internationally.

Genmab

Market Cap: DKK 130.8b

A biotechnology company, develops antibody-based products and product candidates for the treatment of cancer and other diseases in Denmark.

Jyske Bank

Market Cap: DKK 50.8b

Provides financial solutions in Denmark and Germany.

TCM Group

Market Cap: DKK 679.8m

Manufactures and sells kitchen and furniture products for bathrooms and storage in Denmark, Norway, and internationally.

Nilfisk Holding

Market Cap: DKK 3.7b

Develops, manufactures, and sells cleaning solutions and services worldwide.

NTG Nordic Transport Group

Market Cap: DKK 4.2b

Provides asset-light freight forwarding services through road, rail, air, and ocean in Denmark, Sweden, the United States, Germany, Finland, and internationally.

Bavarian Nordic

Market Cap: DKK 14.8b

Develops, manufactures, and supplies life-saving vaccines.

Carlsberg

Market Cap: DKK 112.3b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Pandora

Market Cap: DKK 52.6b

Engages in the designing, manufacturing, and marketing of jewelry products.

SP Group

Market Cap: DKK 3.9b

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa.

Novo Nordisk

Market Cap: DKK 1.5t

Engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally.

DFDS

Market Cap: DKK 5.2b

Provides logistics solutions and services in Denmark and internationally.

H. Lundbeck

Market Cap: DKK 41.1b

Engages in the research, development, manufacturing, and commercializing pharmaceuticals for the treatment of psychiatric and neurological disorders in Europe, United States, and internationally.

ISS

Market Cap: DKK 35.0b

Operates as workplace experience and facility management company in the United Kingdom, Ireland, the United States, Canada, Switzerland, Germany, Australia, New Zealand, Türkiye, Spain, Denmark, and internationally.

Hove

Market Cap: DKK 120.1m

Develops, produces, and supplies advanced lubrication solutions for heavy machinery in Denmark and inetrnationally.

H+H International

Market Cap: DKK 1.5b

Provides wall building materials and solutions in the United Kingdom, Central Western Europe, and Poland.

Erria

Market Cap: DKK 50.1m

Engages in the shipping, offshore operations, logistics, and trading activities worldwide.

Flügger group

Market Cap: DKK 941.8m

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.

Gyldendal

Market Cap: DKK 1.0b

Gyldendal A/S publishes and sells books in Denmark and Norway.

Matas

Market Cap: DKK 4.7b

Operates a chain of retail stores that offer beauty, personal care, health and wellbeing, and household products in Denmark.

Roblon

Market Cap: DKK 246.8m

Develops, produces, and sells fiber solutions in Denmark and internationally.

Kreditbanken

Market Cap: DKK 1.3b

Provides various banking products and services to private and business customers in Denmark.

Sampo Oyj

Market Cap: DKK 27.3b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

Scandinavian Medical Solutions

Market Cap: DKK 131.5m

Scandinavian Medical Solutions A/S deals in medical imaging equipment worldwide.

Brd. Klee

Market Cap: DKK 207.3m

Operates as an engineering and trading company in Denmark.

Skjern Bank

Market Cap: DKK 2.6b

Provides various banking products and services to private and corporate customers in Denmark.

Djurslands Bank

Market Cap: DKK 2.4b

Provides various banking products and services in Denmark.

Cemat

Market Cap: DKK 226.7m

Develops, operates, and sells properties in Poland.

TORM

Market Cap: DKK 12.6b

A shipping company, owns and operates a fleet of product tankers in the United Kingdom.

GrønlandsBANKEN

Market Cap: DKK 1.6b

Provides various financial services to private and business customers, and public institutions in Greenland.