Charlton keeper Andersen heading back to Denmark
The 25-year-old has found his first-team chances limited since his arrival from AB Copenhagen in a £721,000 deal in May 2004.
Andersen initially joined the Addicks as understudy to then number one Dean Kiely and made his debut against Manchester United at the end the following season, but failed to hold down a regular starting place.
A proposed loan move to Leeds fell through on transfer deadline day, but the Danish international is now set to return to the club where he started his career.
Charlton head coach Les Reed said: “I am sad to see Steph go but glad that he will be given an opportunity to play regular first-team football at a high level.