Top 10 Biggest Companies in Denmark

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As a Nordic country, Danish companies are among the largest and most dynamic Nordic companies and are considered highly innovative in science and technology. ... read more...

  1. Top 1

    Novo Nordisk

    Located in Bagsvaerd, Denmark, Novo Nordisk is a worldwide pharmaceutical corporation with manufacturing sites in nine different nations and branches or offices in an additional five.


    The organization was created in 1989 as a result of the union of two Danish businesses that date back to the 1920s. The Apis bull, one of the holy animals of ancient Egypt, appears as the emblem for Novo Nordisk.


    Novo Nordisk has around 48,000 employees worldwide and distributes its goods in 168 nations. The company is now regarded as Denmark's biggest pharmaceutical firm. Novo Holdings, a significant stakeholder who owns around 25% of the company's stock and 45% of the voting shares, controls Novo Nordisk.


    Novo Nordisk is a manufacturer and distributor of pharmaceutical goods and services, specializing in diabetes treatment medications and equipment. Additionally, Novo Nordisk engages in the management of hemostasis, growth hormone therapy, and hormone replacement therapy. In addition to Levemir, Tresiba, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza, the company also produces a number of other medications under various brand names.


    In collaboration with other business and governmental partners, Novo Nordisk is also engaged in government-funded research initiatives. InnoMed PredTox is one instance of a non-clinical safety evaluation tool. Within the framework of the Innovative Medicines Initiative launched by the European Commission and the European Federation of Pharmaceutical Industries and Associations, the company is expanding its activities in joint research projects.


    Industry: Pharmaceuticals, Health care

    Founded: 21 December 1923
    Headquarters: Novo Allé, DK-2880, Bagsværd, Denmark

    Website: https://www.novonordisk.com/

    Screenshot of https://www.novonordisk.com/
    Screenshot of https://www.novonordisk.com/
    CNBC Television

  2. Top 2

    DSV Panalpina

    DSV Panalpina is a Danish transportation and logistics firm that offers logistical solutions as well as international transport services by land, air, sea, and rail. The corporation has had fast growth and global prominence since its founding in 1976 by nine independent Danish carriers, partly as a result of a string of competitor acquisitions.


    With its headquarters in Hedehusene, Denmark, which is close to Copenhagen, DSV employs more than 75,000 people worldwide and collaborates with partners and agents in more than 80 countries. The organization is one of the 25 most traded equities in the OMXC25 index and is one of the companies listed on NASDAQ OMX Copenhagen, Copenhagen Stock Exchange.


    The business is divided into three divisions: Road, Air & Sea, and Solutions. Its primary businesses include the worldwide air and sea freight forwarding industry, global contract logistics solutions, and the transportation network in Europe, North America, and South Africa. Additionally, DSV Panalpina doesn't own any ships or airplanes, and it only has a limited fleet of trucks and trailers as part of its asset-light finance strategy to reduce fixed costs as much as possible and be ready to respond fast to market changes.


    Industry: Transport and logistics
    Founded: 1976
    Headquarters: Hedehusene, Denmark

    Website: https://www.dsv.com/

    Screenshot of https://www.dsv.com/
    Screenshot of https://www.dsv.com/
    DSV Global Transport and Logistics
  3. Top 3

    A.P. Moller - Maersk

    The shipping and logistics firm A.P Moller - Maersk, generally known as Maersk, was established in 1904 by Peter Mrsk Moller and Arnold Peter Moller. The company is headquartered in Copenhagen, Denmark, with subsidiaries and offices in over 130 countries and over 110,000 employees worldwide as of 2022.


    AP Moller–Maersk is divided into two core businesses including transportation & logistics and energy. These two segments consist of some subsidiaries such as container shipping and related activities, oil and gas activities, retail operations, shipyards, etc.


    Nearly half of AP Moller-Maersk's revenue in 2008 came from its largest business, container shipping and related activities. The industry offers container services, logistics and forwarding, and terminal operations all over the world under the names Maersk Line, Safmarine, and Damco.


    With more than 600 ships and a 3.8 million TEU capacity, the corporation dubbed itself the largest foreign freight carrier in the world in 2013. As of January 2021, as the largest container fleet, AP Moller-Maersk represents 17% of the total TEU globally.


    Since its inception, Maersk has faced a number of consecutive difficulties including the global economic downturn, malware attacks, and the impact of the COVID-19 pandemic on commerce. Global. Therefore, in recent years, Maersk has focused on sustainability, aiming to reduce carbon emissions and increase the use of renewable energy sources to protect the environment and save costs.


    Industry: Freight transport
    Founded: 16 April 1904
    Headquarters: Copenhagen, Denmark

    Website: https://www.maersk.com/

    Screenshot of https://www.maersk.com/
    Screenshot of https://www.maersk.com/
    Maersk
  4. Top 4

    Orsted

    Orsted, formerly DONG Energy, is the largest Danish multinational energy company with headquarters in Fredericia, Denmark.


    Orsted considers Denmark, the United Kingdom, Germany, Sweden, and the Netherlands as its core operating markets. However, they also received leases from the Department of the Interior and Ocean Energy Administration contracts in 2015. In this lease, they ceded some American waters, specifically in New Jersey, for the construction of wind parks.


    The business was the largest offshore wind developer by the number of offshore wind farms developed as of January 2022. If you exclude mainland China, Orsted is responsible for developing around 30% of all offshore wind plants. Orsted aims to surpass 95% by 2023 and 99% by 2025 of the energy company now generates globally from renewable sources. The company aims to generate zero electricity by 2025, as well as zero carbon emissions by 2040.


    Orsted's shares are listed on the Nasdaq Copenhagen stock exchange with the majority of shares held by the Danish Government (50.1%). In addition, EuroPacific Development Fund, Capital Group Companies, and SEAS-NVE also hold more than 5% shares respectively. According to a political agreement, the Danish government will continue to hold a portion of the company's shares until 2025, after which time a political agreement between the parties is needed to lower the ownership ratio to less than 50%.


    Industry: Electricity generation
    Founded: 14 March 2006
    Headquarters: Fredericia, Denmark

    Website: https://orsted.com/

    Screenshot of https://orsted.com/
    Screenshot of https://orsted.com/
    Orsted
  5. Top 5

    Vestas wind systems

    With a 28% market share, Vestas, also known as Vestas Wind Systems, is the biggest producer of wind turbines worldwide. The company has plants in Denmark, Germany, India, Italy, the UK, Sweden, Norway, Australia, and Windsor.


    Under the name Vestas Wind Systems, the business acquired the maker of wind turbines NEG Micon in 2003, making it the biggest wind turbine producer in the world. Vestas recovered in 2006 after suffering losses in 2005 and is still the market leader in global consumption with a 28% share.


    Vestas is considered the energy industry's global partner for sustainable energy solutions. The company specializes in the design, manufacture, installation, and maintenance of wind turbines worldwide. Through industry-leading intelligent data capabilities and active wind turbines, the company uses data to interpret, forecast, and exploit wind resources, as well as provide the best wind energy solutions. Therefore, Vestas is confident to bring to the world sustainable energy solutions to create a bright future.


    Vestas currently has installed over 33,500 wind turbines in 63 countries across 5 continents. The company has built manufacturing plants in over 12 countries with more than 20,000 employees globally. Currently, the company has expanded to add new production plants in China, Spain, and the United States. The business also has 200 employees working at its propeller factory in Windsor, Colorado, and expects to add 1,400 more at the engine cover and propeller assembly plant now being built close to Brighton, Colorado.


    Industry: Electrical equipment
    Founded: 1945
    Headquarters: Aarhus, Denmark

    Website: https://www.vestas.com/en

    Screenshot of https://www.vestas.com/en
    Screenshot of https://www.vestas.com/en
    Vestas
  6. Top 6

    Genmab

    In February 1999, Florian Schönharting, the managing director of the biomedical venture firm BankInvest, established the Danish biotech business Genmab.

    Genmab is headquartered in Copenhagen, Denmark, and operates internationally through its subsidiaries Genmab BV in Utrecht, Netherlands, Genmab US, Inc. in Princeton, USA and Genmab KK in Tokyo, Japan. Genmab operates as a dual-listed business, with its shares trading on the NASDAQ Global Select Market in the US and the Copenhagen Stock Exchange in Denmark.


    The company has produced six different antibody types (monoclonal and dual specific) which have been authorized for use in six commercial goods, including treatments for autoimmune and cancer conditions. Specifically, Genmab manufactures and distributes exclusively Tivdak (tisotumab vedotin-tftv) for the treatment of previously treated recurrent or metastatic cervical cancer. The remaining 5 antibodies are marketed by partners and include Darzalex, which is used to treat multiple myeloma in all stages, Rybrevant, which is used to treat non-small cell lung cancer, Tecvayli, which is used to treat relapse/ refractory MS, Kesimpta, which is used to treat recurrent MS, and Tepezza, which is used to treat thyroid-related eye disease.


    Additionally, a variety of antibody programs based on Genmab technology are being developed by Genmab and its collaborators for the treatment of autoimmune and cancer illnesses. Genmab has obtained a license from the American biopharmaceutical company Medarex to use their HuMab-Mouse technology to produce completely human, high-affinity antibodies in transgenic mice. One advantage of using this kind of technology is that it does not require cloning or intricate genetic engineering to make this antibody suitable for human use, which reduces the cost and duration of its development. It may be created in a matter of months and can be chosen to attach to particular antigens, such as cancer cells and other infectious pathogens. Additionally, these antibodies are less likely to result in allergic responses and other negative effects.


    Industry: Biotechnology

    Founded: 1999

    Headquarters: Copenhagen, Denmark
    Website: https://www.genmab.com/

    Screenshot of https://www.genmab.com/
    Screenshot of https://www.genmab.com/
    Genmab
  7. Top 7

    Coloplast

    A Danish international corporation called Coloplast develops, produces, and sells medical devices and services for osteotomies, urology, bowel control, and wound care. The business makes these items to provides them to wholesalers, hospitals, and other organizations. In several markets, Coloplast is also a direct-to-consumer seller.


    Aage Louis-Hansen established Coloplast in 1957, with its main office located in Humlebaek, Denmark. With sales activities in 53 nations and production in Denmark, Hungary, France, China, and the United States, it has more than 12,000 employees and works on a global scale.


    Coloplast's major market is in Europe, where 63% of sales are made, followed by North America (22%), and the rest of the world (15%). With a turnover of 18,554 billion DKK in 2020–2021, Coloplast is listed on the Stock Exchange of Denmark and has consistently ranked among the top 20 most actively traded equities in the nation.


    Coloplast develops products and services to make life easier for people with deeply personal and private illnesses. To make this possible, Coloplast is always working to find new ways, the best ideas in the form of medical devices and service solutions to bring to market. In 2015, Coloplast was named the 33rd most innovative company in the world by Forbes magazine and included in The Star Tribune's annual list of top employers in Minnesota.


    Industry: Health care
    Founded: 1957
    Headquarters: Humlebæk, Denmark

    Website: https://www.coloplast.com/products/

    Screenshot of https://www.coloplast.com/products/
    Screenshot of https://www.coloplast.com/products/
    Coloplast US
  8. Top 8

    Carlsberg

    Carlsberg is a Danish multinational brewer, founded in 1847 by JC Jacobsen. Headquartered in Copenhagen, Denmark, the company now has about 41,000 employees and branches, mainly in Western Europe, Russia and Asia.


    The operations of the Carlsberg Group are divided among three market areas: Northern and Western Europe, Eastern Europe, and Asia. In Northern and Western Europe, Carlsberg acquired the Aldaris brewery in Riga, Latvia in 2008 and acquired 100% control of the Okocim Group including Okocim Brewery in 2004. This subsidiary owns four brewery with 1,250 employees. It is considered the third largest brewing company in Poland with 14.4% market share. In Eastern Europe, the largest brewery is located in the Czech city of Zatec where Saaz hops are grown - a noble hop that accounts for more than two-thirds of the total hop production in the Czech Republic. In Asia, Carlsberg started exporting beer to China in 1876 and co-owned two Chinese breweries in Huizhou and Shanghai in the late 1990s. Then, in 1995, the company bought returned to Huizhou Brewery in Guangdong Province and started supplying to both Mainland China and Hong Kong markets.


    With a wide variety of beer and other beverage brands, the Carlsberg Group is currently one of the top brewing companies in the world. The beer portfolio of Carlsberg comprises staple beer brands, well-known premium local and international brands, craft and specialty brands, and non-alcoholic beers. The Carlsberg beer brand is loved in more than 150 markets across Western Europe, Asia and Central & Eastern Europe, and holds the number one position in more than 20 markets around the world.


    Industry: Beverages
    Founded: 1847
    Headquarters: Copenhagen, Denmark

    Website: https://www.carlsberggroup.com/

    Screenshot of https://www.carlsberggroup.com/
    Screenshot of https://www.carlsberggroup.com/
    Carlsberg
  9. Top 9

    Danske bank

    Danish international banking and financial services company Danske Bank is based in Copenhagen. With more than 5 million retail clients, it is the biggest bank in Denmark and a significant retail bank in the Nordic area. On the list of the 2011 Fortune Global 500, Danske Bank was ranked 454th.


    It was founded on October 5, 1871 as the Den Danske Landmandsbank, and is commonly known as the Landmandsbanken - Farmers' Bank. The bank got its present name in 2000 after changing to Den Danske Bank (Bank of Denmark) in 1976.


    Danske Bank's business clients now have an easy way to examine their accounts and payments from numerous institutions in one overview. The new approach is based on Open Banking and represents a significant step forward in terms of innovation and increased transparency for business clients. This stems from the fact that many firms utilize many banks, making it time-consuming and challenging to gain an overview of accounts and payments and locate the information you want. "Accounts from other banks" have been established by Danske Bank to streamline and improve daily operations. This is done so that firms may examine accounts and transfers across banks on their Financial District platform in an overview.


    During 150 years of establishment and development, Danske Bank has strived to become a driving force for growth and development. Their expert consulting services and financial solutions have helped individuals, families, businesses and organizations realize their ambitions and potential. With the ambition of sustainable and long-term development, Danske will continue to strive every day to become the best bank in the region for the benefit of customers, employees, shareholders and the society of which the bank is a member.

    Industry: Financial services
    Founded: 5 October 1871; 151 years ago
    Headquarters: Copenhagen, Denmark

    Website: https://danskebank.com/

    Screenshot of https://danskebank.com/
    Screenshot of https://danskebank.com/
    Danske Bank
  10. Top 10

    Tryg

    Tryg is a Scandinavian insurance provider with offices in Finland, Sweden, Denmark, Norway, and other countries. In the Nordic nations, the firm is the biggest supplier of general insurance services.


    The current Tryg was formed in 2002 through the merger of the insurance operations of Tryg Forsikring and Nordea. The company was listed on the Nasdaq OMX Copenhagen Stock Exchange in 2005. Tryg is managed by a two-tier system, in which the Supervisory Board and the Executive Board are responsible for managing the company's affairs.


    The company is distributed across three national business regions in Denmark, Norway and Sweden: private, commercial, and corporate. Private offers a variety of insurance products, such as motorcycle, interior, house, accident, travel, motorbike, pets, and health insurance, to private clients in Denmark, Sweden, and Norway. Additionally, also in the above three countries, commercial services provide insurance solutions for small and medium-sized businesses, including coverage for motorbikes, property, liability, workers' compensation, travel, and health. In the end, corporate provides coverage for a variety of insurance products, including those for property, liability, workers' compensation, transportation, collective life, and more. for business clients in Denmark, Norway, and Sweden under the Trygg-Hansa brand, as well as a collaboration arrangement with the worldwide RSA network for clients from abroad.


    In November 2020, Tryg and Canadian insurer Intact Financial Corporation announced a joint offer to acquire RSA Insurance Corporation. This would correspond to a transaction worth around £7.2 billion in which Intact pays £3.0 billion and Tryg pays £4.2 billion.


    If this transaction is approved, Tryg will retain RSA's Swedish and Norwegian operations, while Intact will retain RSA's Canadian and UK & International operations and obligations, and will co-owns RSA operations in Denmark with Intact. The closing of the two parties' acquisition of RSA is expected to take place in the second quarter of 2021 subject to receiving approval from the relevant antitrust and regulatory authorities.

    Industry: Insurance
    Founded: 2002
    Headquarters: Copenhagen, Denmark

    Website: https://www.tryg.com/en

    Screenshot of https://www.tryg.com/en
    Screenshot of https://www.tryg.com/en
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