Dampskibsselskabet Norden A/S/DKr DNORD
1D1W1MYTD1Y5YMAX
Capital at risk
About Dampskibsselskabet Norden A/S
Dampskibsselskabet Norden A/S, headquartered in Hellerup, Denmark, operates within the shipping industry, focusing on the dry cargo and tanker markets. The company's core business involves owning and chartering ships that transport bulk commodities such as grain, coal, and iron ore, as well as refined oil products. Founded in 1871, Norden has built a significant presence in global shipping routes and continues to leverage its extensive experience and fleet versatility. The company differentiates itself through a combination of fleet optimization strategies and market adaptability, with a strong emphasis on environmental initiatives and advanced digital solutions for operational efficiency.
- Ticker
- DKr DNORD
- Sector
- Mobility
- Primary listing
- CSE
- Employees
- 463
- Headquarters
- Hellerup, Denmark
- Website
- norden.com
DNORD Metrics
BasicAdvanced
kr 11B
11.64
kr 33.28
0.03
kr 8.00
2.07%
Price and volume
Market cap
kr 11B
Beta
0.03
52-week high
kr 396.00
52-week low
kr 229.20
Average daily volume
59K
Dividend rate
kr 8.00
Financial strength
Current ratio
1.462
Quick ratio
1.211
Long term debt to equity
0.389
Total debt to equity
0.608
Dividend payout ratio (TTM)
24.02%
Interest coverage (TTM)
2.49%
Profitability
EBITDA (TTM)
957.704
Gross margin (TTM)
13.98%
Net profit margin (TTM)
4.34%
Operating margin (TTM)
3.12%
Effective tax rate (TTM)
10.80%
Revenue per employee (TTM)
kr 47,658,570
Management effectiveness
Return on assets (TTM)
2.74%
Return on equity (TTM)
11.19%
Valuation
Price to earnings (TTM)
11.636
Price to revenue (TTM)
0.5
Price to book
8.09
Price to tangible book (TTM)
8.43
Price to free cash flow (TTM)
-7.732
Free cash flow yield (TTM)
-12.93%
Free cash flow per share (TTM)
-50.076
Dividend yield (TTM)
2.07%
Growth
Revenue change (TTM)
-7.20%
Earnings per share change (TTM)
10.19%
3-year revenue growth (CAGR)
-10.52%
10-year revenue growth (CAGR)
9.39%
3-year earnings per share growth (CAGR)
-36.83%
10-year earnings per share growth (CAGR)
-6.01%
3-year dividend per share growth (CAGR)
-53.56%
Bulls say / Bears say
Tanker operations surged 139% to USD 47.3 million EBIT in Q1 2026, driving earnings before interest and prompting an outlook upgrade. (Reuters)
NORDEN upgraded its 2026 net profit guidance to USD 120–190 million in July 2026, reflecting stronger-than-expected dry cargo performance, reduced costs from Persian Gulf delays, and nine vessel sales. (Reuters)
Net asset value per share climbed 11% to DKK 422 since year-end, underpinned by rising vessel valuations across both segments. (Reuters)
Dry cargo business unit posted a USD 45 million EBIT loss in Q1 2026 due to trapped vessels, repositioning costs, and elevated insurance expenses from the Persian Gulf conflict. (Reuters)
Net profit plunged from USD 33 million in Q1 2025 to USD 11 million in Q1 2026, underscoring high earnings volatility in the shipping cycle. (Reuters)
Despite upward revisions, the full-year 2026 profit guidance range remains broad at USD 120–190 million, highlighting ongoing uncertainty in freight markets. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 21 Aug 2026.
Upcoming events
No upcoming events
Funds containing DNORD
AllEURGBPUSD
Fund name | Fund size | DKr DNORD weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.07% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.07% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.01% |
iShares MSCI World Small Cap£WLDS | £6.7B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.