Risk Management

Active risk management plays a central role in NORDEN’s strategy to ensure stable earnings. The Company’s risk management efforts are aimed at minimising potential negative effects on earnings from the commercial and financial activities and at limiting risks to acceptable levels.

 Risk Management in details 

Statutory Statement for Corporate Governance, cf. S. 107 (b) of the Danish Financial Statements Act

NORDEN has established internal control and risk management systems in order to ensure that NORDEN’s financial statements are presented in accordance with applicable accounting legislation and Danish disclosure requirements for the annual reports of listed companies and to ensure fair, informative reporting without material misstatements or omissions.

Download NORDEN’s Statutory Statement for Corporate Governance, cf. S. 107 (b) of the Danish Financial Statements Act below.

In relation to the financial process for 2011:
pdf In English
pdf In Danish

In relation to the financial reporting process for 2010:
pdf In English
pdf In Danish