Largest Alcohol Public Companies in Denmark

Company	HQ	Description	Sectors	Stock Price	1Y Perf.	Market Cap	EV	EV/Revenue	EV/EBITDA
Carlsberg		Carlsberg is the third-largest brewer in the world after Anheuser-Busc…Carlsberg is the third-largest brewer in the world after Anheuser-Busch InBev and Heineken. It holds leading share in Scandinavia, western China, and several other markets in Asia. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2025 beverage volume was split among Western Europe (42%), Eastern Europe and India (28%), and Asia (30%).	Alcohol	$143	-2%	$19B	$28B	2.0x	9.6x
Royal Unibrew		Royal Unibrew AS manufactures and sells beverages, including beer, mal…Royal Unibrew AS manufactures and sells beverages, including beer, malt beverages, cider, soft drinks, juice, and water. The company produces and distributes its own brands and partner brands, with its largest licensing agreements with PepsiCo and Heineken. Royal Unibrew is the PepsiCo bottler in Denmark, Finland, the Netherlands, Belgium, Luxembourg, Lithuania, Latvia, and Estonia. Royal Unibrew is Heineken’s bottling partner in Denmark, Finland, Norway, and the Baltics. Royal Unibrew was founded in 1989 and listed on the Copenhagen stock exchange in 1998.In 2024, Royal Unibrew took over PepsiCo’s beverage business in Luxembourg and Belgium. In 2025, Royal Unibrew finalized its acquisition of Pernod Ricard’s portfolio of Nordic brands, including spirits, liqueurs, and wines.	Alcohol	$65	-23%	$3B	$4B	1.7x	8.9x
Harboes Bryggeri		Harboes Bryggeri AS is a Denmark-based company which is engaged in the…Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.	Alcohol	$17	-26%	$72M	$102M	0.4x	4.5x
Alefarm Brewing		Alefarm Brewing AS is a Danish brewery that produces, markets and sell…Alefarm Brewing AS is a Danish brewery that produces, markets and sells unique, high-quality beer to consumers and distributors worldwide.	Alcohol	$0	+47%	$5M	$5M	2.8x	52.6x
Median				$41	-13%	$2B	$2B	1.8x	9.3x

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