Thank you all for your info. I have now completed the flight and barely made it on time. There was some sort of technical delay in the luggage arriving at the carousel. I received my bags at t-20 minutes, ran to T1, arrived at baggage drop at t-16 minutes. The SAS baggage drop guy said he would try his best at getting my bags on the plane, I then had to run to gate 23 (back in the direction of T2) The gate agent sent a buggy for me who picked me up half way and I made it to the gate at t minus 5 minutes. The plane left and arrived on time.
In short, there was lots of running and I wouldn't attempt it unless absolutely necessary.
PS: it was all worth the effort as I shared the forward cabin (BA:LHR-CPH) with Queen Margrethe and her entourage .