Danish Potentially Undervalued Companies

HusCompagniet

Market Cap: DKK 771.8m

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

H. Lundbeck

Market Cap: DKK 43.4b

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

Demant

Market Cap: DKK 49.2b

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

Scandinavian Tobacco Group

Market Cap: DKK 7.7b

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

Flügger group

Market Cap: DKK 989.4m

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

Genmab

Market Cap: DKK 133.3b

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

TCM Group

Market Cap: DKK 696.4m

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

Jyske Bank

Market Cap: DKK 55.4b

Provides financial solutions in Denmark and Germany.

Bavarian Nordic

Market Cap: DKK 15.5b

Develops, manufactures, and supplies life-saving vaccines.

NTG Nordic Transport Group

Market Cap: DKK 4.4b

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

Trifork Group

Market Cap: DKK 1.8b

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

Nilfisk Holding

Market Cap: DKK 3.8b

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

Pandora

Market Cap: DKK 40.7b

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

Carlsberg

Market Cap: DKK 118.8b

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

SP Group

Market Cap: DKK 4.4b

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

Bang & Olufsen

Market Cap: DKK 1.7b

Designs, develops, markets, manufactures, and sells audio and video products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Carlsberg

Market Cap: DKK 118.8b

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

Novo Nordisk

Market Cap: DKK 1.6t

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.

H. Lundbeck

Market Cap: DKK 43.4b

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

DFDS

Market Cap: DKK 5.4b

Provides logistics solutions and services in Denmark and internationally.

H+H International

Market Cap: DKK 1.6b

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

Erria

Market Cap: DKK 51.4m

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

ISS

Market Cap: DKK 38.5b

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 160.8m

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

Gyldendal

Market Cap: DKK 1.0b

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

Sampo Oyj

Market Cap: DKK 26.7b

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 105.4m

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

Danske Bank

Market Cap: DKK 265.5b

Provides various banking products and services to corporate, institutional, and international clients.

Kreditbanken

Market Cap: DKK 1.4b

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

Matas

Market Cap: DKK 3.7b

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.

Djurslands Bank

Market Cap: DKK 2.6b

Provides various banking products and services in Denmark.

Boozt

Market Cap: DKK 6.3b

Sells fashion, apparel, shoes, accessories, kids, home, sports, and beauty products online.

Aktieselskabet Schouw

Market Cap: DKK 15.4b

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

Cemat

Market Cap: DKK 226.7m

Develops, operates, and sells properties in Poland.

SJF Bank

Market Cap: DKK 6.3b

Provides various banking products and services in Denmark.