New study: Lack of trust, competencies and efficiency harms Danish micro IPO market

New study: Lack of trust, competencies and efficiency harms Danish micro IPO market

March 13, 2018

The Danish micro IPO market is weak. Since 2014, there has only been three Danish micro IPOs on First North Copenhagen, while at the same time there has been more than 300 micro IPOs in Sweden. In fact, out of the many IPOs in Sweden, almost 20 are originally Danish companies now listed in Sweden. 

In this study, we analyse the underlying drivers of the weak Danish micro IPO market. The study indicates a number of weak market conditions, especially related to lack of trust from investors, lack of competences and efficiency in the listing process, together with a small and undeveloped market for small private retail investors in Denmark.

In earlier studies, we have highlighted that these weakness are linked to underlying structural factors including the Danish tax system.

This week, Minister for Industry, Business and Financial Affairs, Brian Mikkelsen, presented the results of the study at an investment event hosted by Sedermera in Copenhagen.

Read more about the event

Learn more about the study

For further information, please contact Sigurd Næss-Schmidt or Christian Heebøll