The Annual Report 2020 was published on 4 March 2021.

You can find the report and all relevant information below.


"NORDEN delivered an outstanding performance in challenging and volatile markets, achieving an Adjusted Result of USD 106 million in 2020 – the best group result in 10 years. The result reflects the recent transformation of our business model and strategy to an asset-light platform based on trading opportunities, using data as an asset and strengthening our customer focus. The Board of Directors recommends a dividend payment of DKK 9 per share in line with our dividend policy of returning minimum 50% of the annual Adjusted Result to our shareholders".

CEO Jan Rindbo

Conference call and audiocast

A telephone conference as well as an audiocast will be held on 4 March 2021 at 10:30 a.m. (CET), where CEO Jan Rindbo and CFO Martin Badsted will comment on the Annual Report 2020. 

Participants can join the audiocast to view and listen to the live presentation, while conference call participants are able to ask questions at the end of the call. 

The audiocast will be recorded and made available on NORDEN's website subsequently.

It is requested that all conference call participants have joined the call by latest 10:25 a.m. (CET):

Audiocast link:

Dial in details for conference call:

Danish participants: 
(+45) 32720417

International participants:
UK:  (+44) (0) 2071 928338
USA:  (+1) 6467413167

Confirmation code:


Annual Report 2020

Annual Report

Annual Report 2020

Investor film

Investor presentation

Presentation Annual Report 2020

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