Dampskibsselskabet Norden A/S
DNORD
ISIN DK0060083210 / Valor 3082933
Dampskibsselskabet Norden A/S
UMushroom community rating:
About company
Dampskibsselskabet Norden A/S, commonly known as NORDEN, is a prominent Danish shipping company with a focus on dry cargo and tanker operations. The company operates a market-leading product tanker pool, which is supported by a diverse fleet of product tanker vessels and strong partnerships. NORDEN is expanding its senior management team with the introduction of a Chief Operating Officer for Assets & Logistics, reflecting its commitment to enhancing operational efficiency. Additionally, the company has invested in MASH Makes, a Danish-Indian biofuel scale-up, to explore opportunities in renewable fuels. With a history dating back to 1871, NORDEN is recognized for its extensive experience in global shipping and its strategic initiatives to adapt to evolving market demands.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (17.10.2025):
Dampskibsselskabet Norden A/S reported a net profit of USD 52 million for the second quarter of 2025, reflecting a 13% increase compared to the same period last year. The company demonstrated strong asset optimization and fleet management, contributing to a solid return on invested capital (ROIC) of 10%.
Net Profit Growth
The second quarter net profit reached USD 52 million, up from USD 46 million in Q2 2024, driven by profitable contract coverage and gains from vessel sales despite challenging spot market conditions.
Return on Invested Capital
Norden achieved a ROIC of 10% in Q2 2025, indicating efficient use of capital in generating earnings and supporting sustainable growth.
Fleet Optimization
Year-to-date, the company sold 20 vessels and secured 18 new lease agreements with purchase options, enhancing the fleet with fuel-efficient vessels and optimizing the overall portfolio.
Net Asset Value
The estimated Net Asset Value (NAV) stands at DKK 337 per share by the end of Q2 2025, reflecting positive asset valuation and strategic asset management.
Shareholder Returns
Norden announced an interim dividend of DKK 2 per existing share and initiated a share buy-back programme totaling USD 10 million, demonstrating commitment to returning value to shareholders.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1108 M
Market cap (USD)
45,386
Daily traded volume (Shares)
214.6 / 207
1 day high/low (USD)
52 weeks high/low (USD)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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