Danish Asiatic Company

The first expedition went badly, with Den gyldne Løve lost with its cargo of silver off Ballyheigue, Ireland, on the outbound journey.

With the royal licence conferred in 1732, the new company was granted a 40-year monopoly on all Danish trade east of the Cape of Good Hope.

As a consequence of the last attack (in which the entire Dano-Norwegian navy was captured), Denmark (one of few Western European countries not occupied by Napoleon), ceded the island of Heligoland (part of the Duchy of Holstein-Gottorp) to Britain.

In the east, when news of Anglo-Danish hostilities reached India, the British immediately seized seven Danish merchant ships on 28 January 1808 that were in the Hoogli.

[3] Denmark finally sold its remaining settlements in mainland India in 1845 and the Danish Gold Coast in 1850, both to the British.