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Financials

We deliver strong financial results through a keen focus on our core business. At the same time, we continuously work on optimising our operating model, improving scalability and maintaining a stable cost base.
Latest annual results

A defining year for energy markets

2021 was a defining year for energy markets. A tight energy supply, historically high prices and market uncertainty created both opportunities and challenges for market participants. Navigating these conditions, we delivered a strong financial performance.

See our 2021 results
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Download annual reports

Below, you can download PDF versions of previous annual reports and see our results throughout the years.

Top credit rating

We hold a Baa1-rating with a stable outlook from Moody’s Investor Service, one of the world’s biggest credit rating agencies. The rating is two notches above investment grade and underlines our strengthened financial position under the ownership of energy major Equinor.

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 our 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.

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Market access overview

We have an unrivalled market presence. See an overview of where we trade power and gas, including specific power grids and gas hubs.

Get the overview
272 EURm
EBIT

in 2021

345 EURm
adjusted gross profit

in 2021

32 EURbn
gross turnover

in 2021