Company Norden

DNORD

DK0060083210

Marine Freight & Logistics

Market Closed - Nasdaq Copenhagen Other stock markets 11:20:00 2025-12-12 EST			5-day change	1st Jan Change
256.80 ^DKK	-3.89%		-1.46%	+20.90%

10-31	Kepler Withdraws Buy Recommendation for D/S Norden	FW
10-31	Kepler Cheuvreux Downgrades D/S Norden to Hold (Buy), Raises Target Price to 278 Danish Kroner (274)	FW

Business description: Norden

Dampskibsselskabet Norden A/S is a Denmark-based shipping company engaged in the provision of global tramp shipping services. Its operations are divided into two business segments: Dry Cargo and Tankers. The Dry Cargo business segment operates Handymax and Panamax dry cargo vessels, as well as has activities in the Handysize, Post-Panamax and Capesize vessel types. The Tankers business segment operates Medium Range (MR) and Handysize product tankers. The Company has offices in Denmark, Singapore, China, India, the United States and Brazil, as well as offices at shipyards in Asia. The Company's subsidiaries are Norden Shipping singapore Pte Ltd, NORDEN Tankers & Bulkers USA Inc., NORDEN Tankers & Bulkers do Brazil Ltda. and Nortide Shipping III Ltd.

Number of employees: 473

Sales by Activity: Norden

Fiscal Period: December	2020	2021	2022	2023	2024
Freight Services & Trading	-	-	5.1B	3.41B	3.76B
Asset Management	415M	409M	594M	620M	614M
Dry Operator	2.01B	3.15B	-	-	-
Eliminations	-306M	-340M	-377M	-336M	-337M
Tanker Operator	473M	336M	-	-	-

See all business segments

Geographical breakdown of sales: Norden

Fiscal Period: December	2020	2021	2022	2023	2024
Other	-	-	-	2.4B	1.72B
China	-	-	-	585M	764M
Singapore	-	-	-	313M	307M
United States of America	-	-	-	239M	280M
Japan	-	-	-	-	170M
India	-	-	-	-	166M
Mexico	-	-	-	153M	143M
The Philippines	-	-	-	-	125M
Brazil	-	-	-	-	105M
Indonesia	-	-	-	-	105M
Republic of Korea (south)	-	-	-	-	98M
Denmark	-	-	-	-	61M

See all geographic segments

Executive Committee: Norden

Manager	Title	Age	Since
Jan Rindbo CEO	Chief Executive Officer	51	2015-04-29
Martin Badsted DFI	Director of Finance/CFO	52	2015-07-31
Anne Jensen COO	Chief Operating Officer	52	2023-12-31
Henrik Røjel PRN	Corporate Officer/Principal	38	2020-12-31
Johanne Christiane Østergård PRN	Corporate Officer/Principal	54	-

See NORDEN governance

Composition of the Board of Directors: Norden

Director	Title	Age	Since
Karsten Sivebæk Knudsen BRD	Director/Board Member	72	2007-12-31
Klaus Nyborg CHM	Chairman	62	2015-04-29
Johanne Christiane Østergård BRD	Director/Board Member	54	2015-12-31
Robert Hvide MacLeod BRD	Director/Board Member	46	2021-12-31
Henrik Røjel BRD	Director/Board Member	38	2020-12-31
Ian McIntosh BRD	Director/Board Member	64	2022-12-31
Vibeke Bak Solok BRD	Director/Board Member	55	2022-12-31

Composition of the Board of Directors

Shareholders: Norden

Name	Equities	%	Valuation
Motortramp A/S 30.97 %	9,600,000	30.97 %	378 M kr
NORDEN 7.468 %	2,314,999	7.468 %	91 M kr
Jan Rindbo 0.3226 %	100,000	0.3226 %	4 M kr
Nykredit Bank A/S (Investment Management) 0.263 %	81,541	0.263 %	3 M kr
OTP Fund Management Ltd. 0.1192 %	36,962	0.1192 %	1 M kr

List of NORDEN shareholders

Holdings: Norden

Name	Equities	%	Valuation
NORDEN 7.47%	2,314,999	7.47%	91,153,873 $

Company details: Norden

D/S Norden A/S

52, Strandvejen

2900, Hellerup

+45 33 15 04 51

http://www.norden.com

Deep Sea Freight

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
NORDEN	-3.89%	-1.46%	+26.50%	-34.56%	1.16B
EVERGREEN MARINE CORPORATION (TAIWAN) LTD.	+1.39%	0.00%	-20.43%	+18.06%	12.65B
WALLENIUS WILHELMSEN ASA	-2.80%	+8.78%	+0.87%	+7.82%	4.34B
COSCO SHIPPING SPECIALIZED CARRIERS CO.,LTD.	+1.71%	-0.70%	+3.04%	+2.89%	2.77B
COMPAÑÍA SUD AMERICANA DE VAPORES S.A.	-0.91%	-1.27%	-10.13%	-29.29%	2.7B
ZIM INTEGRATED SHIPPING SERVICES LTD.	-5.40%	-6.34%	-5.63%	+3.42%	2.26B
STAR BULK CARRIERS CORP.	-1.67%	-10.66%	+20.59%	-8.83%	2.08B
COSTAMARE INC.	-2.01%	-3.22%	+20.54%	+72.87%	1.88B
HÖEGH AUTOLINERS ASA	-0.52%	+4.24%	-11.97%	+60.18%	1.8B
DANAOS CORPORATION	-0.12%	-4.24%	+18.56%	+71.68%	1.72B
Average	-1.42%	-1.24%	+4.19%	+16.42%	3.34B
Weighted average by Cap.	-0.52%	+0.37%	-4.91%	+15.27%