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 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Dry Operator - large Vessels

- - - - 1.59B

Dry Operator - Small Vessels

- - - - 999M

Dry Owner

- - - - 286M

Logistics

- - - - 24.7M

Freight Services & Trading

- 5.1B 3.41B 3.76B -

Asset Management

409M 594M 620M 614M -

Dry Operator

3.15B - - - -

Tanker Owner

- - - - 320M

Tanker Operator

336M - - - 168M

Eliminations

-340M -377M -336M -337M -266M

Geographical breakdown of sales: Norden

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Other

- - 2.4B 1.72B 1.44B

People's Republic of China

- - 585M 764M 518M

United States of America

- - 239M 280M 223M

Singapore

- - 313M 307M 172M

India

- - - 166M 138M

The Philippines

- - - 125M 123M

Japan

- - - 170M 117M

Mexico

- - 153M 143M 102M

Germany

- - - - 90.6M

Australia

- - - - 83M

United Kingdom

- - - - 75.5M

Denmark

- - - 61M 42.8M

Republic of Korea (south)

- - - 98M -

Indonesia

- - - 105M -

Brazil

- - - 105M -

Executive Committee: Norden

Manager TitleAgeSince
Chief Executive Officer 52 2015-04-29
Director of Finance/CFO 53 2015-07-31
Corporate Officer/Principal 55 -
Human Resources Officer 53 2025-03-31
Corporate Officer/Principal - -

Composition of the Board of Directors: Norden

Director TitleAgeSince
Chairman 62 2015-04-29
Director/Board Member 55 2015-12-31
Director/Board Member 47 2021-12-31
Director/Board Member 65 2022-12-31
Director/Board Member 56 2022-12-31
Director/Board Member 58 2024-12-31

Shareholders: Norden

NameEquities%Valuation
Motor Tramp A/S
30.97 %
9,600,000 30.97 % 436 M kr
7.629 %
2,364,930 7.629 % 107 M kr
0.3821 %
118,458 0.3821 % 5 M kr
Nykredit Bank A/S (Investment Management)
0.3079 %
95,446 0.3079 % 4 M kr
0.1239 %
38,400 0.1239 % 2 M kr

Holdings: Norden

NameEquities%Valuation
2,364,930 7.63% 107 M $

Company details: Norden

D/S Norden A/S

52, Strandvejen

2900, Hellerup

+45 33 15 04 51

http://www.norden.com
address Norden(DNORD)

Deep Sea Freight

Change 5d. change 1-year change 3-years change Capi.($)
-0.62%+2.47%+52.04%-44.21% 1.29B
0.00%+6.85%-7.27%+30.75% 14.32B
+0.22%+2.21%+48.18%+55.20% 5.9B
+4.67%+0.97%+40.29%+43.90% 3.35B
-4.59%-5.50%+23.82%+3.81% 3.29B
+0.93%+2.97%-10.64%-41.39% 2.74B
+1.85%-11.79%+47.60%+9.56% 2.64B
+0.91%+0.91%+77.20%+105.69% 2.63B
+1.92%-4.97%+64.29%+69.02% 2.01B
+2.12%-5.10%+39.10%+102.40% 2B
Average +0.74%-3.74%+37.46%+33.47% 4.02B
Weighted average by Cap. +0.47%-3.33%+24.10%+34.91%
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