Financials

Danske Commodities consistently delivers a strong financial performance through a keen focus on our core business, while at the same time continuously optimising our operating model, improving scalability and maintaining a stable cost base.

ANNUAL REPORT 2019

Benefitting from increased scale and automation, Danske Commodities reports a strong financial performance, delivering EBIT of EUR 50 million in 2019. The results were mainly driven by our ability to grow traded volumes, as reflected by the 7% revenue increase to EUR 10 billion. 

EBIT

50

EURm in 2019

Gross Profit

108

EURm in 2019

Equity Ratio

49

% in 2019

STRONG RISK MANAGEMENT

We are committed to long-term, tightly controlled growth. One side of that coin is trading and services. The other is Risk Management. Risk Management is a key element in Danske Commodities’ daily operations and our risk framework is anchored in the Board of Directors and the Risk Committee. 

Danske Commodities’ Risk Management operates within the following main risk categories:

  • Market risk
  • Credit risk
  • Operational and IT risk
  • Liquidity risk
  • Compliance risk
  • Legal risk

We perform compliance checks to serve you better and manage risks more prudently. Please visit our Know Your Customer (KYC) page for more information.

CEO Helle Østergaard Kristiansen at Danske Commodities headquarters in Aarhus
Leadership

Clear direction

A solid performance requires a clear direction. Our experienced Senior Leadership and board provide the framework for how we conduct business.

pen on table
OUR APPROACH

Tax policy

DC acts with honesty and transparency in our relationship with local tax authorities. Our tax policy reflects our commitment to comply with all relevant tax legislation.

Employee at Danske Commodities walking in office
WHISTLEBLOWING

Reporting of concerns

Our Ethics Helpline makes it possible to report any potential inappropriate and illegal conduct in Danske Commodities in a secure and confidential way.