L 
1,375.00
+0.73%
Close of 9 Nov 2026, in DKK
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in DKK, from our data supplier.
Revenue, before interest expense
DKK 1.93bn
FY2016FY2025
Net income
DKK 411.3m
FY2016FY2025
Total assets
DKK 40.98bn
FY2016FY2025
Shareholders' equity
DKK 3.61bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | DKK 1.93bn | DKK 2.14bn | DKK 1.88bn | DKK 1.14bn | DKK 1.01bn | DKK 960.2m | DKK 990.7m | DKK 927.1m | DKK 931.0m | DKK 901.1m |
| Operating income | DKK 537.3m | DKK 619.3m | DKK 628.0m | DKK 252.5m | DKK 255.4m | DKK 195.4m | DKK 221.7m | DKK 176.4m | DKK 215.0m | DKK 176.5m |
| Net income | DKK 411.3m | DKK 462.6m | DKK 473.0m | DKK 203.0m | DKK 202.5m | DKK 153.2m | DKK 175.2m | DKK 140.5m | DKK 170.2m | DKK 138.9m |
| Diluted earnings per share | 118.97 | 133.50 | 137.03 | 58.76 | 58.70 | 44.33 | 51.05 | 40.63 | 63.02 | 51.51 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | DKK 40.98bn | DKK 36.38bn | DKK 33.24bn | DKK 30.02bn | DKK 27.74bn | DKK 27.43bn | DKK 24.69bn | DKK 21.73bn | DKK 19.21bn | DKK 16.95bn |
| Cash and short-term investments | DKK 14.84bn | DKK 15.51bn | DKK 12.72bn | DKK 13.30bn | DKK 10.67bn | DKK 7.39bn | DKK 7.86bn | DKK 5.39bn | DKK 3.41bn | DKK 3.02bn |
| Total liabilities | DKK 37.37bn | DKK 33.13bn | DKK 30.39bn | DKK 27.60bn | DKK 25.50bn | DKK 25.36bn | DKK 22.77bn | DKK 19.95bn | DKK 17.87bn | DKK 15.75bn |
| Debt | DKK 1.25bn | DKK 1.15bn | DKK 899.5m | DKK 650.0m | DKK 400.0m | DKK 200.0m | DKK 200.0m | DKK 100.0m | DKK 100.0m | DKK 100.0m |
| Shareholders' equity | DKK 3.61bn | DKK 3.25bn | DKK 2.86bn | DKK 2.42bn | DKK 2.24bn | DKK 2.07bn | DKK 1.92bn | DKK 1.78bn | DKK 1.35bn | DKK 1.19bn |
| Shares outstanding | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | DKK 537.3m | DKK 464.0m | DKK 490.8m | DKK 494.9m | DKK 505.0m | DKK 479.2m | DKK 516.8m | DKK 559.3m |
| Operating income | DKK 164.5m | DKK 111.4m | DKK 93.1m | DKK 172.9m | DKK 150.0m | DKK 121.3m | DKK 104.6m | DKK 206.8m |
| Net income | DKK 127.2m | DKK 85.0m | DKK 76.3m | DKK 129.8m | DKK 116.2m | DKK 89.0m | DKK 78.3m | DKK 153.6m |
| Diluted earnings per share | 36.80 | 24.58 | 22.08 | 37.53 | 33.61 | 25.75 | 22.60 | 44.32 |
| Total assets | DKK 43.80bn | DKK 41.62bn | DKK 40.98bn | DKK 40.59bn | DKK 40.22bn | DKK 38.04bn | DKK 36.38bn | DKK 35.97bn |
| Cash and short-term investments | DKK 16.92bn | DKK 15.31bn | DKK 14.84bn | DKK 16.29bn | DKK 18.12bn | DKK 16.27bn | DKK 15.51bn | DKK 15.15bn |
| Shareholders' equity | DKK 3.75bn | DKK 3.62bn | DKK 3.61bn | DKK 3.52bn | DKK 3.39bn | DKK 3.28bn | DKK 3.25bn | DKK 3.18bn |
Financial ratios
Data as of 18 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 27.8% | 28.9% | 33.4% | 22.2% | 25.4% | 20.3% | — | — | — | — | — | — |
| Net margin | 21.3% | 21.6% | 25.1% | 17.8% | 20.1% | 16.0% | — | — | — | — | — | — |
| Return on equity | 11.4% | 14.2% | 16.6% | 8.4% | 9.0% | 7.4% | — | — | — | — | — | — |
| Return on assets | 1.0% | 1.3% | 1.4% | 0.7% | 0.7% | 0.6% | — | — | — | — | — | — |
| Revenue growth | -9.8% | 13.8% | 65.1% | 13.2% | 4.8% | -3.1% | — | — | — | — | — | — |
| Earnings growth | -11.1% | -2.2% | 133.0% | 0.3% | 32.2% | -12.6% | — | — | — | — | — | — |
| Current ratio | 0.42x | 0.49x | 0.44x | 0.50x | 0.43x | 0.30x | — | — | — | — | — | — |
| Debt to equity | — | — | — | — | — | — | 0.10x | 0.06x | 0.23x | 0.22x | 0.23x | 0.25x |
| Equity ratio | 8.8% | 8.9% | 8.6% | 8.1% | 8.1% | 7.5% | — | — | — | — | — | — |
| Interest coverage | 1.68x | 1.23x | 1.86x | 4.58x | 8.59x | 3.00x | — | — | — | — | — | — |
| Buybacks as a share of market value | 0.2% | -0.4% | 0.1% | -0.2% | 0.2% | -0.7% | — | — | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.1% | 14.3% | 7.9% |
| Operating income | 28.6% | 22.4% | 15.1% |
| Net income | 26.5% | 21.8% | 15.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 28.4% | 28.7% | 27.5% | 25.0% |
| Net margin | 21.5% | 21.9% | 21.0% | 19.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.3 | 5.2 | 4.8 | 11.0 | 10.7 | 11.1 | 8.8 | 11.2 | 7.7 | 8.8 |
| Price to sales | 2.9 | 1.5 | 1.5 | 2.1 | 2.2 | 2.0 | 1.8 | 2.0 | 1.7 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 15 years. Last went ex-dividend on 10 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 20.00 | 20.00 | 20.00 | 10.00 | 10.00 | 8.00 | 10.00 | 10.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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