Huge dividends for Ørsted and Novo Nordisk shareholders

Danish companies share the wealth following the confirmation of record profits for 2022

Shareholders in Ørsted and Novo Nordisk have much to rejoice today, as both companies have decided to issue big dividends following the declaration of record profits.

While Ørsted will divvy up 5.7 billion kroner, Novo is going to hand out 14.8 billion – not bad for shareholders who shared 7.5 billion last August.

Handy sale accounted for large share
Energy giant Ørsted, which has almost completely weaned itself off gas (the Dong Energy Days) to concentrate solely on renewables, has announced a record operating profit of 32 billion kroner for 2022 – a substantial increase on the 7.8 billion declared in 2021.

It attributed the improvement to the partial sale of the offshore windfarm Hornsea 2, which brought in just over 10 billion kroner.

Diabetes and obesity treatments weighing in
Meanwhile, a post-tax profit of 55.5 billion kroner on sales of 177 billion – a 26 percent increase on 2021 – has prompted Novo Nordisk to predict growth of 13-19 percent for 2023.

Treatments for diabetes and obesity accounted for the lion’s share: a 29 percent rise to 156.4 billion, fuelled by a 35 percent jump in North American sales.





  • DTU named best technical university in the EU

    DTU named best technical university in the EU

    The Technical University of Denmark, located half an hour from Copenhagen, has topped a new ranking of over 200 technical universities in the EU, where it stands out particularly for its excellence in research, innovation and internationalism.

  • Come and join us at Citizens Days!

    Come and join us at Citizens Days!

    On Friday 27 and Saturday 28 of September, The Copenhagen Post will be at International Citizen Days in Øksnehallen on Vesterbro, Copenhagen. Admission is free and thousands of internationals are expected to attend

  • Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    Chisom Udeze, the founder of Diversify – a global organization that works at the intersection of inclusion, democracy, freedom, climate sustainability, justice, and belonging – shares how struggling to find a community in Norway motivated her to build a Nordic-wide professional network. We also hear from Dr. Poornima Luthra, Associate Professor at CBS, about how to address bias in the workplace.