Financials
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.
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.
in 2023
in 2023
in 2023