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D/S Norden

361.00 DKK+2.85 %11.11. klo 17.59
Less than 1K followers

DNORD

NASDAQ Copenhagen

Transport & Logistics

Industrials

Overview
Financials & Estimates
Ownership
Dividend
Short Selling
Investor views
Compare
+2.85 %
-10.15 %
+15.34 %
+16.30 %
+43.25 %
+46.27 %
+19.93 %
+124.22 %
+1,579.07 %

NORDEN is an internationally operating shipping company with 12 global offices, headquartered in Copenhagen, Denmark, and listed on Nasdaq OMX Copenhagen. The company is present in the dry cargo and product tanker markets with a combination of operator and asset trading activities. NORDEN’s trading-oriented business model is based on the two business units ‘Assets & Logistics’ and ‘Freight Services & Trading’ – dividing the business into asset trading and operator activities. The company’s business activities are based on an asset-light trading strategy, only owning a small percentage (~5%) of its total operated vessel fleet consisting of close to 500 vessels. The agility of the business model enables NORDEN to continuously adjust short-term market exposure towards dry cargo and product tanker market developments while capitalizing on asset trading opportunities. In-house data and advanced analytics, risk management, and market research provide a data-driven approach to shipping, making proactive use of volatile markets.

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Market cap
10.83B DKK
Turnover
19.91M DKK
Revenue
EBIT %
P/E
Dividend yield-%
Coverage
Disclaimer
Latest research

Latest analysis report

Released: 04.11.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Rasmus Køjborg
Jacob Frehr
Jacob Frehr, Rasmus Køjborg
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Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
10.2.
2027

Annual report '26

10.3.
2027

General meeting '27

29.4.
2027

Interim report Q1'27

Regulatory press release11.11.2026 klo 10.02

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Regulatory press release10.11.2026 klo 10.09

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Analyst Comment09.11.2026 klo 14.28
by Rasmus Køjborg

NORDEN – Video presentation of Q3 2026 financial report

Last week, NORDEN released its Q3'26 financial report and hosted a webcast where CEO Jan Rindbo and CFO Martin Badsted walked through the numbers and answered questions from the audience.

D/S Norden

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Regulatory press release09.11.2026 klo 10.22

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Regulatory press release06.11.2026 klo 10.50

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Regulatory press release06.11.2026 klo 10.49

Dampskibsselskabet NORDEN A/S – weekly report on share buy-back

D/S Norden
Regulatory press release05.11.2026 klo 10.04

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
NORDEN (Investment Case): Underlying earnings drive fifth upward revision
Research04.11.2026 klo 16.00
by Rasmus Køjborg, Jacob Frehr

NORDEN (Investment Case): Underlying earnings drive fifth upward revision

Following the Q3 2026 report, we have updated our investment case. Our updated investment case covers the key investment arguments and risks, as well as valuation perspectives relative to a peer group of dry cargo and product tanker peers.

D/S Norden
Regulatory press release04.11.2026 klo 10.13

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Regulatory press release03.11.2026 klo 10.13

Financial calendar 2027

D/S Norden
Regulatory press release03.11.2026 klo 10.05

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Regulatory press release02.11.2026 klo 10.37

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Regulatory press release30.10.2026 klo 10.22

NORDEN initiates share buy-back programme

D/S Norden
NORDEN – Presentation of Q3 2026
Webcast29.10.2026 klo 11.30

NORDEN – Presentation of Q3 2026

NORDEN is expected to release its Q3 2026 results on 29th October 2026. The same day at 10.30am, management will present the results in an online event followed by a Q&A.

D/S Norden
Analyst Comment28.10.2026 klo 21.36
by Rasmus Køjborg

NORDEN: Doubles profit in Q3 2026 and upgrades guidance once again

This evening, NORDEN published its Q3'26 financial report, which shows a doubled result driven by strong markets and good operational performance in both dry cargo and tankers. At the same time, the shipping company once again upgrades its guidance for the full year 2026.

D/S Norden
Regulatory press release28.10.2026 klo 20.10

NORDEN reports strong Q3 results and raises full-year guidance

D/S Norden
Regulatory press release22.10.2026 klo 11.08

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Regulatory press release22.10.2026 klo 11.06

Dampskibsselskabet NORDEN A/S – final weekly report on share buy-back

D/S Norden
Regulatory press release21.10.2026 klo 10.03

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden
Regulatory press release20.10.2026 klo 10.15

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

D/S Norden