In this article, we discuss 5 of the most valuable Danish companies in the world. If you want to check out some more of the most valuable Danish companies in the world, go directly to 15 Most Valuable Danish Companies in the World.
5. Genmab A/S (NASDAQ:GMAB)
Market Capitalization as of October 11: $23.43 billion
Genmab A/S (NASDAQ:GMAB) is a Danish biotech company that specializes in the creation and development of differentiated antibody therapeutics for the treatment of cancer. Genmab A/S (NASDAQ:GMAB) has 5 approved therapies incorporating Genmab innovation, 4 proprietary Genmab technologies and over 20 products in clinical development incorporating Genmab innovation. With a market capitalization of over $23.4 billion, Genmab A/S (NASDAQ:GMAB) ranks #5 on our list of 15 Most Valuable Danish Companies in the World.
4. DSV
Market Capitalization as of October 11: $26.18 billion
DSV is a global transport and logistics company based in Denmark that manages supply chain solutions for thousands of companies every day. The company benefits from various trends such as increasing global trade flows which can lead to added complexity given more countries involved in production and higher inventory levels. With DSV’s experience, it can assist customers with supply chain innovation and keep supply chains flowing over 90+ countries.
As of October 11, DSV had a market capitalization of over $26 billion.
3. Maersk
Market Capitalization as of October 11: $31.31 billion
Maersk is an integrated logistics company based in Denmark. Maersk has over 100,000 employees, 730 container vessels deployed, 67 terminals across 42 countries, over 3 million square meters of warehousing capacity worldwide and also operations in 130 countries. The company also aims to be net zero climate neutral across its businesses by 2040. With a market capitalization of over $31.3 billion as of October 11, Maersk ranks #3 on our list of 15 Most Valuable Danish Companies in the World.
2. Ørsted
Market Capitalization as of October 11: $31.71 billion
Ørsted is the largest energy company in Denmark and also one of the largest developers of offshore wind power. The company’s vision is for a world that runs entirely on green energy. To help achieve its goals, the company “develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Moreover, Ørsted provides energy products to its customers.”
As of October 11, Ørsted has a market capitalization of over $31.7 billion.
1. Novo Nordisk A/S (NYSE:NVO)
Market Capitalization as of October 11: $237.57 billion
Novo Nordisk A/S (NYSE:NVO) is a multinational pharmaceutical company headquartered in Denmark. With a market capitalization of over $237 billion as of October 11, Novo Nordisk A/S (NYSE:NVO) is the most valuable Danish company in the world.
Baron Health Care Fund wrote about Novo Nordisk A/S (NYSE:NVO) in its Q2 2022 investor letter,
“We added to our position in Novo Nordisk A/S, a leading global biopharmaceutical company headquartered in Denmark that specializes in treatments for diabetes, obesity, and other chronic diseases. We wrote about Novo Nordisk in last quarter’s letter. We continue to believe Novo Nordisk’s diabetes and anti-obesity franchise will drive attractive revenue and earnings growth for many years to come. We think both Novo Nordisk and competitor Eli Lilly and Company(which we also own in the Fund) can be successful in these large markets.”
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