Analyst coverage & estimates

Earnings estimates from analysts

Earnings estimates are based on projections from analysts who cover Dampskibsselskabet NORDEN A/S. However, projections are not necessarily received from all analysts each quarter.

Please note that any opinions, estimates or forecasts regarding NORDEN’s performance made by analysts are theirs and not necessarily those of NORDEN or our management. Thus by providing or distributing this material, NORDEN does not endorse or necessarily agree with such information, conclusions or recommendations.

Latest update of estimates: November 2021

Yearly estimates 2021

USD million Estimated 2021 Actual 2021
EBIT 210,7
Adjusted Result 191,3

Quarterly estimates 2021

USD million Estimated Q3 2021 Actual Q3 2021
EBIT 98,7 78.3
Adjusted Result 76,0 51.6
Net Asset Value per share (DKK) 197,7 221
Target share price (DKK) 207,7

Equity analysts

ABG Sundal Collier

Casper Blom


+45 3546 3015

Covers the sectors:

Transportation & Industry

Danske Bank

Coverage temporarily suspended due to change of analyst

Kepler Cheuvreux

Covers the sectors:


Nordea Markets

Coverage temporarily suspended due to change of analyst


Ulrik Bak


+45 3328 3314

Covers the sectors:


Credit analysts

Pareto Securities

Stian Abrahamsen

Credit Analyst

+47 2413 2190


Magnus Hjermann

Credit Analyst

+47 2100 8624


Martin Badsted

Chief Financial Officer (CFO) +45 3315 0451


Thomas France

Investor Communications Partner +45 3273 0629