Skip to main content


We deliver solid 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

Strong results as markets stabilise

In 2023, we delivered strong results in a year marked by reduced energy demand, high gas storages and a mild European winter. We expanded our portfolio of renewables and flexible assets, made strategic investments in our trading and technological infrastructure and strengthened our global presence.

See our 2023 results

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.

Solid 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 technology risk
  • liquidity risk
  • compliance risk
  • legal risk

We perform compliance checks to assist you better and manage risks more prudently.


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
359 EURm
Adjusted EBT

in 2023

40,460 EURm
Gross turnover

in 2023

64 %
Equity ratio

in 2023