May 2026
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Largest Construction & Engineering Public Companies in Denmark
Benchmark revenue and EBITDA valuation multiples for public comps like
Cadeler, Per Aarsleff Holding, MT Hojgaard Holding and HusCompagniet.
 | Cadeler AS is an offshore wind farm vessel contractor. It is engaged in offshore wind farm construction, maintenance, and decommissioning and provides marine and engineering operations to the wind industry, focusing on safety and the environment. The company operates six offshore jack-up wind farm installation vessels. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry. | $7 | +26% | $3B | $4B | 5.8x | 8.5x | ||
| Per Aarsleff Holding AS is a Denmark-based holding company specializing in infrastructure and construction services. It has Construction, Pipe technologies, Technical Solutions, Rail, and Ground engineering segments. The construction segment consists of construction, shell structures, building construction and international projects. The pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. The ground engineering segment comprises ground engineering, pile factories, and engineering. The rail segment comprises train station services, service center operations, and maintenance projects. It derives maximum revenue from the Construction segment. Geographically, the company has a business presence in Denmark and other countries. | $112 | +22% | $2B | $2B | 0.6x | 6.3x | ||
| MT Hojgaard Holding AS is engaged in developing, planning, and executing projects within new builds, civil engineering, infrastructure, refurbishment, and building transformation. The group's construction contracts comprise the construction of construction and civil engineering projects for private and public customers. The company derives revenue from Construction contracts, the Sale of land and buildings, and Services. Geographically, it operates in Denmark and the Rest of the world. | $50 | +5% | $384M | $357M | 0.2x | 4.1x | ||
| HusCompagniet AS is a house builder in the Nordic region. It is engaged in the construction and sale of single-family houses in Denmark and Sweden. It delivers high-quality single-family houses with great value for money. The company's operating segments include Detached houses, Semi-detached houses in Denmark, and the Swedish business. It generates maximum revenue from Detached houses in Denmark. The detached houses in the Denmark segment comprise brick houses built on-site and plots. | $6 | -33% | $120M | $150M | 0.3x | 15.8x | ||
| Median | $28 | +14% | $1B | $1B | 0.5x | 7.4x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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