S 
408.50
+2.38%
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 739.5m
FY2016FY2025
Net income
DKK 246.5m
FY2016FY2025
Total assets
DKK 15.77bn
FY2016FY2025
Shareholders' equity
DKK 1.98bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | DKK 739.5m | DKK 779.1m | DKK 702.1m | DKK 454.1m | DKK 423.3m | DKK 396.6m | DKK 394.0m | DKK 396.7m | DKK 355.7m | DKK 329.6m |
| Operating income | DKK 344.3m | DKK 364.6m | DKK 344.1m | DKK 191.1m | DKK 204.5m | DKK 143.8m | DKK 165.0m | DKK 164.6m | DKK 144.6m | DKK 104.7m |
| Net income | DKK 246.5m | DKK 274.1m | DKK 258.0m | DKK 150.2m | DKK 163.3m | DKK 115.6m | DKK 135.5m | DKK 142.5m | DKK 123.8m | DKK 82.1m |
| Diluted earnings per share | 25.89 | 28.66 | 26.78 | 15.59 | 17.10 | 12.03 | 13.68 | 14.78 | 12.86 | 8.56 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | DKK 15.77bn | DKK 13.25bn | DKK 11.97bn | DKK 11.23bn | DKK 9.98bn | DKK 8.97bn | DKK 7.61bn | DKK 6.70bn | DKK 6.37bn | DKK 5.86bn |
| Cash and short-term investments | DKK 4.46bn | DKK 3.17bn | DKK 2.41bn | DKK 2.89bn | DKK 2.64bn | DKK 2.42bn | DKK 1.90bn | DKK 979.6m | DKK 1000.0m | DKK 907.3m |
| Total liabilities | DKK 13.79bn | DKK 11.44bn | DKK 10.38bn | DKK 9.87bn | DKK 8.73bn | DKK 7.87bn | DKK 6.59bn | DKK 5.78bn | DKK 5.55bn | DKK 5.16bn |
| Debt | DKK 75.0m | DKK 100.0m | DKK 99.0m | DKK 98.8m | DKK 98.3m | DKK 97.8m | DKK 97.3m | DKK 100.0m | DKK 99.8m | DKK 99.6m |
| Shareholders' equity | DKK 1.98bn | DKK 1.81bn | DKK 1.59bn | DKK 1.36bn | DKK 1.25bn | DKK 1.11bn | DKK 1.03bn | DKK 926.7m | DKK 814.3m | DKK 695.3m |
| Shares outstanding | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m |
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 198.5m | DKK 191.3m | DKK 185.0m | DKK 182.1m | DKK 180.7m | DKK 192.6m | DKK 193.0m | DKK 197.2m |
| Operating income | DKK 91.0m | DKK 88.3m | DKK 88.2m | DKK 87.4m | DKK 83.0m | DKK 85.7m | DKK 80.4m | DKK 95.4m |
| Net income | DKK 67.0m | DKK 74.4m | DKK 63.0m | DKK 63.4m | DKK 60.9m | DKK 57.9m | DKK 62.6m | DKK 70.6m |
| Diluted earnings per share | 7.11 | 7.89 | 6.62 | 6.66 | 6.39 | 6.08 | 6.55 | 7.38 |
| Total assets | DKK 16.56bn | DKK 16.14bn | DKK 15.77bn | DKK 14.99bn | DKK 14.45bn | DKK 13.77bn | DKK 13.25bn | DKK 12.69bn |
| Cash and short-term investments | DKK 4.12bn | DKK 4.35bn | DKK 4.46bn | DKK 3.91bn | DKK 3.71bn | DKK 3.14bn | DKK 3.17bn | DKK 2.67bn |
| Shareholders' equity | DKK 2.01bn | DKK 1.96bn | DKK 1.98bn | DKK 1.87bn | DKK 1.88bn | DKK 1.83bn | DKK 1.81bn | DKK 1.74bn |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 46.6% | 46.8% | 49.0% | 42.1% | 48.3% | 36.3% | — | — | — | — |
| Net margin | 33.3% | 35.2% | 36.7% | 33.1% | 38.6% | 29.2% | — | — | — | — |
| Return on equity | 12.4% | 15.2% | 16.3% | 11.0% | 13.1% | 10.4% | — | — | — | — |
| Return on assets | 1.6% | 2.1% | 2.2% | 1.3% | 1.6% | 1.3% | — | — | — | — |
| Revenue growth | -5.1% | 11.0% | 54.6% | 7.3% | 6.7% | 0.6% | — | — | — | — |
| Earnings growth | -10.1% | 6.3% | 71.7% | -8.0% | 41.2% | -14.6% | — | — | — | — |
| Current ratio | 0.34x | 0.29x | 0.24x | 0.31x | 0.32x | 0.40x | — | — | — | — |
| Debt to equity | — | — | 0.00x | — | — | 0.16x | 0.09x | 0.11x | 0.44x | 0.48x |
| Equity ratio | 12.6% | 13.6% | 13.3% | 12.1% | 12.5% | 12.3% | — | — | — | — |
| Interest coverage | 6.57x | 3.60x | 5.85x | 10.00x | 10.98x | 6.99x | — | — | — | — |
| Buybacks as a share of market value | 0.5% | 0.7% | 0.0% | -0.9% | 0.6% | 2.9% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 15.8% | 13.5% | 9.4% |
| Operating income | 21.7% | 19.1% | 21.0% |
| Net income | 17.9% | 16.3% | 19.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 46.7% | 46.5% | 45.6% | 42.0% |
| Net margin | 34.3% | 34.7% | 34.6% | 32.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.0 | 7.3 | 5.4 | 7.8 | 6.0 | 5.8 | 4.5 | 4.1 | 5.7 | 6.3 |
| Price to sales | 4.0 | 3.0 | 2.1 | 2.7 | 2.4 | 1.9 | 1.7 | 1.6 | 2.2 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 7 years. Last went ex-dividend on 3 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 3.50 | 3.50 | 5.00 | 3.00 | 3.00 | 2.00 | 3.00 | 3.00 |
- 5-for-1 split · 7 Feb 2003
- 16-for-15 split · 9 Apr 1990
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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