Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
173.33%
0%
173.33%
6 Months
180.52%
0%
180.52%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%
D/S Norden A/S for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
6.02%
EBIT Growth (5y)
-8.99%
EBIT to Interest (avg)
6.52
Debt to EBITDA (avg)
0.26
Net Debt to Equity (avg)
0.04
Sales to Capital Employed (avg)
2.30
Tax Ratio
7.30%
Dividend Payout Ratio
21.80%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
26.79%
ROE (avg)
26.78%
Valuation key factors
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
0.95
EV to EBIT
12.32
EV to EBITDA
2.97
EV to Capital Employed
0.95
EV to Sales
0.33
PEG Ratio
NA
Dividend Yield
0.02%
ROCE (Latest)
7.70%
ROE (Latest)
11.33%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Shareholding Snapshot : Mar 2024
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.0%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
5,132.10
5,663.30
-9.38%
Operating Profit (PBDIT) excl Other Income
580.80
762.70
-23.85%
Interest
57.20
56.00
2.14%
Exceptional Items
28.30
-23.40
220.94%
Consolidate Net Profit
342.10
230.40
48.48%
Operating Profit Margin (Excl OI)
21.70%
39.20%
-1.75%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -9.38% vs -21.25% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 48.48% vs 11.30% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
27,858.40
25,444.40
9.49%
Operating Profit (PBDIT) excl Other Income
2,867.80
4,559.70
-37.11%
Interest
288.20
366.70
-21.41%
Exceptional Items
5.50
-0.70
885.71%
Consolidate Net Profit
1,121.90
2,757.50
-59.31%
Operating Profit Margin (Excl OI)
25.40%
88.70%
-6.33%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 9.49% vs -32.34% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -59.31% vs -47.60% in Dec 2023
About D/S Norden A/S 
D/S Norden A/S
Transport Services
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.
Company Coordinates 
Company Details
Strandvejen 52 , HELLERUP None : 2900
Registrar Details






