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Financials

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

Solid earnings and record renewables portfolio

In 2024, we delivered solid results as we expanded our global footprint and built the largest renewables portfolio in our history, despite a year marked by geopolitical uncertainty and periods of near-full EU gas storage. 

See our 2024 results
Archive

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.

186 EURm
Adjusted EBT

in 2024

19,510 EURm
Gross turnover

in 2024

66 %
Equity ratio

in 2024