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Dampskibsselskabet Norden stock: balance sheet and debt
DNORD.CODampskibsselskabet Norden has a debt to equity ratio of 0.6 and an interest coverage of 4.8x.
Daily figure as of 13 Nov 2026
Debt / Equity
0.6
Interest coverage
4.8x
Current ratio
1.6
Cash & equivalents
$381.27M
Total assets
$2.37B
Equity ratio
53.9%
Goodwill
$44.5M
Plus intangible assets of $6.69M
Net debt
$382.53M
Total assets and equity ratio
How large the balance sheet of Dampskibsselskabet Norden A/S is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2006 | $960.55M | not reported separately | not reported separately | 74.3% | −$156.97M |
| 2007 | $1.61B | not reported separately | not reported separately | 81.5% | −$548.58M |
| 2008 | $2.04B | not reported separately | not reported separately | 83.3% | −$759.94M |
| 2009 | $2.03B | not reported separately | not reported separately | 88.8% | −$665.26M |
| 2010 | $2.25B | not reported separately | not reported separately | 88.8% | −$518.4M |
| 2011 | $2.35B | not reported separately | not reported separately | 84.9% | −$242.13M |
| 2012 | $2.03B | not reported separately | not reported separately | 83.0% | −$372.99M |
| 2013 | $2.06B | not reported separately | not reported separately | 77.9% | −$227.66M |
| 2014 | $1.78B | not reported separately | not reported separately | 64.1% | −$7.69M |
| 2015 | $1.6B | not reported separately | not reported separately | 53.3% | −$67.34M |
| 2016 | $1.3B | not reported separately | not reported separately | 61.6% | −$47.59M |
| 2017 | $1.33B | not reported separately | not reported separately | 62.9% | $4.21M |
| 2018 | $1.46B | not reported separately | not reported separately | 56.5% | $143.39M |
| 2019 | $1.74B | not reported separately | not reported separately | 49.3% | $424.5M |
| 2020 | $1.82B | not reported separately | not reported separately | 49.5% | $343.8M |
| 2021 | $2.45B | not reported separately | not reported separately | 40.5% | $651.6M |
| 2022 | $2.76B | not reported separately | not reported separately | 48.3% | −$27.5M |
| 2023 | $2.34B | $50.5M | $35.3M | 51.1% | $44.6M |
| 2024 | $2.25B | $57.5M | $44.6M | 57.5% | $263.7M |
| 2025 | $2.37B | $51.19M | $44.5M | 53.9% | $382.53M |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2006 | $317.68M | $711.15M | $160.71M | 0.23 |
| 2007 | $622.56M | $1.31B | $73.98M | 0.06 |
| 2008 | $828.74M | $1.7B | $68.8M | 0.04 |
| 2009 | $735.45M | $1.8B | $70.19M | 0.04 |
| 2010 | $612.72M | $2B | $94.32M | 0.05 |
| 2011 | $407.19M | $1.99B | $165.06M | 0.08 |
| 2012 | $528.61M | $1.69B | $155.63M | 0.09 |
| 2013 | $486.06M | $1.6B | $258.4M | 0.16 |
| 2014 | $238.27M | $1.14B | $230.58M | 0.2 |
| 2015 | $365.7M | $856.06M | $298.36M | 0.35 |
| 2016 | $263.85M | $801.41M | $216.26M | 0.27 |
| 2017 | $219.44M | $834.4M | $223.65M | 0.27 |
| 2018 | $188.59M | $826.8M | $331.98M | 0.4 |
| 2019 | $209.3M | $859M | $633.8M | 0.74 |
| 2020 | $331.6M | $902.5M | $675.4M | 0.75 |
| 2021 | $410.7M | $993.3M | $1.06B | 1.07 |
| 2022 | $842.3M | $1.33B | $814.8M | 0.61 |
| 2023 | $557.2M | $1.2B | $601.8M | 0.5 |
| 2024 | $266.6M | $1.3B | $530.3M | 0.41 |
| 2025 | $381.27M | $1.27B | $763.8M | 0.6 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = DKK 6.7461)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 12 Dec 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.