Danske Commodities A/S
Public limited companyCVR 28113951Aarhus CActive
Danske Commodities A/S is a public limited company, based in Aarhus C, active in other trade in electricity, founded in 2004. Net profit fell 82% from 2024 to 2025, ending at DKK 26.9m. Measured by gross profit, it ranks no. 5 of 74 companies in the industry in the database. With 614 employees, the company is about 102 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 58% (2024 → 2025), to DKK 116m.
- Net profit fell 82% (2024 → 2025), to DKK 26.9m.
- Equity fell 6% (2024 → 2025), to DKK 2.1bn.
Employees
- 1 fewer employees than a year earlier: 614 (07/2026) against 615 (07/2025).
Management and owners, last 24 months
- New in management: Jakob Møller Sørensen (ceo, 01/09/2025), Rasmus Hviid Steffensen (director, 01/09/2025) and Helle Østegaard Kristiansen (chair of the board, 11/09/2025) (+1).
- Stepped down: Helle Østegaard Kristiansen (ceo, 01/09/2025), Molly Smith Morris (board member, 22/04/2025) and Helge Haugane (chair of the board, 11/09/2025) (+1).
- New owners registered: Equinor Midstream & Trading AS (04/07/2025).
- No longer registered as owner: Equinor Refining Norway AS (04/07/2025).
Registrations, last 24 months
- 18/08/2025: Moved to Kalkværksvej 16, 13, 8000 Aarhus C
- 01/01/2025: Industry changed to Other trade in electricity (351590)
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2016–2025 · amounts in DKK thousandEquity and net profit
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,885,405 | 5,477,557 | 9,383,466 | 10,056,209 | 791,683 | 2,451,083 | not stated | not stated | not stated | not stated | – |
| Gross profit | 78,633 | 97,600 | 117,712 | 106,280 | – | 475,666 | 2,064,951 | 410,103 | 276,239 | 115,960 | −58% |
| Operating profit (EBIT) | 27,959 | 52,450 | 68,450 | 49,213 | 54,312 | 394,127 | 1,955,380 | 322,767 | 162,670 | −6,316 | −103.9% |
| Profit before tax | 32,666 | 59,916 | 70,875 | 49,191 | 51,353 | 387,205 | 1,877,605 | 453,199 | 202,030 | 39,850 | −80.3% |
| Net profit | 26,005 | 47,193 | 55,967 | 38,449 | 40,207 | 302,909 | 1,467,206 | 357,120 | 149,303 | 26,862 | −82% |
| Total assets | 257,700 | 348,628 | 358,834 | 589,799 | 1,231,814 | 7,488,231 | 14,885,542 | 4,360,737 | 3,324,973 | 3,107,691 | −6.5% |
| Equity | 83,795 | 105,855 | 76,235 | 292,666 | 332,393 | 634,498 | 5,599,884 | 2,795,018 | 2,185,576 | 2,060,670 | −5.7% |
| Liabilities | 173,905 | 241,588 | 281,930 | 295,855 | 899,421 | 6,853,733 | 9,285,658 | 1,565,719 | 1,139,397 | 1,047,021 | −8.1% |
| Cash and cash equivalents | 66,062 | 82,215 | 44,743 | 57,389 | 162,348 | 946,609 | 1,424,501 | 170,651 | 250,580 | 153,107 | −38.9% |
| Average number of employees | – | – | – | – | 319 | 338 | – | – | – | – | – |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five latest annual reports in a row.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
10 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/05/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 06/05/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 17/05/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 25/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 27/04/2021 | The company | PDFXBRL |
| 2019 | 01/01/2019 – 31/12/2019 | 21/04/2020 | The company | PDFXBRL |
| 2018 | 01/01/2018 – 31/12/2018 | 15/04/2019 | The company | PDFXBRL |
| 2017 | 01/01/2017 – 31/12/2017 | 15/05/2018 | The company | PDFXBRL |
| 2016 | 01/01/2016 – 31/12/2016 | 03/05/2017 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
77 companies in the databaseComparison with the other companies in other trade in electricity based on the latest financial year.
Industry median: gross profit DKK 6.2m, net profit DKK 1.2m, equity DKK 12.8m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 500–999 employees207 companies in the comparison | No. 165of 189 Better than 13% | No. 27of 207 Better than 87% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 608of 24,791 Better than 98% | No. 110of 24,909 Better than 100% |
| All companies of type A/S18,025 companies in the comparison | No. 1,362of 17,786 Better than 92% | No. 231of 18,024 Better than 99% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Other trade in electricity- Danske Commodities A/SDKK 116m
- Centrica Energy Trading A/SDKK 937.8m
- Norlys Energi A/SDKK 292.3m
- Danske Commodities A/SDKK 26.9m
- Centrica Energy Trading A/SDKK 25.1m
- Norlys Energi A/S−DKK 152.2m
- Danske Commodities A/SDKK 2.1bn
- Centrica Energy Trading A/SDKK 2.8bn
- Norlys Energi A/SDKK 524.9m
- Danske Commodities A/S614
- Centrica Energy Trading A/S398
- Norlys Energi A/S168
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Equinor Midstream & Trading AS100%
Management
8 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jakob Møller Sørensen | CEO | 01/09/2025 |
| Rasmus Hviid Steffensen | Director | 01/09/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Torbjørn Frendem Folgerø | Board member | 15/06/2020 |
| Olav Kolbeinstveit | Board member | 15/04/2021 |
| Rune Karlsen | Board member | 19/09/2022 |
| Trine Borum Bojsen | Board member | 21/08/2023 |
| Helle Østegaard Kristiansen | Chair of the board | 11/09/2025 |
| Kristina Tau Strand Vestbø | Board member | 24/04/2026 |
- Founders
- Lind Invest ApS
Former management (36)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Karina Østenkjær | Board member | 23/09/2004 | 15/11/2010 |
| Torben Nordal Clausen | Director | 01/06/2010 | 02/07/2014 |
| Kasper Herrestrup | Board member | 15/11/2010 | 19/03/2013 |
| Jan Heyn Stubberup | Board member | 03/03/2011 | 19/03/2013 |
| Kim Frode Bendixen | Chief financial officer | 12/10/2011 | 02/07/2014 |
| Søren Vestergaard-Poulsen | Deputy chair | 19/03/2013 | 23/06/2015 |
| Dion Sørensen | Board member | 19/03/2013 | 01/01/2014 |
| Per Damborg Skovhus | Board member | 19/03/2013 | 27/08/2013 |
| Jens-Peter Saul | Board member | 25/03/2014 | 01/06/2023 |
| Henrik Lind | Board member | 02/07/2014 | 23/06/2015 |
| Henrik Lind | Director | 02/07/2014 | 15/01/2015 |
| Peter Lorens Ravn | Chair of the board | 02/07/2014 | 30/01/2019 |
| Helle Østegaard Kristiansen | Director | 02/07/2014 | 31/03/2019 |
| Dirk Erich Mausbeck | Director | 15/01/2015 | 08/08/2016 |
| Dirk Erich Mausbeck | Director | 15/01/2015 | 15/01/2015 |
| Søren Vestergaard-Poulsen | Board member | 24/06/2015 | 10/04/2017 |
| Henrik Lind | Deputy chair | 24/06/2015 | 14/10/2016 |
| Anne Broeng | Board member | 15/01/2016 | 31/01/2019 |
| Bernd Volker Beckers | Board member | 15/01/2016 | 13/10/2016 |
| Henrik Lind | CEO | 14/10/2016 | 31/03/2019 |
| Bernd Volker Beckers | Deputy chair | 14/10/2016 | 31/01/2019 |
| Jørn Peter Jensen | Board member | 10/04/2017 | 14/08/2017 |
| Peter Lorens Ravn | Board member | 31/01/2019 | 15/04/2021 |
| Tor Martin Anfinnsen | Chair of the board | 31/01/2019 | 01/04/2020 |
| Helge Haugane | Board member | 31/01/2019 | 31/03/2020 |
| Siv Helen Rygh Torstensen | Board member | 31/01/2019 | 15/06/2020 |
| Jens Olaf Økland | Board member | 31/01/2019 | 15/04/2021 |
| Henrik Lind | Board member | 01/04/2019 | 15/04/2021 |
| Lars Raagaard Troen Sørensen | Director | 01/04/2019 | 30/04/2021 |
| Helle Østegaard Kristiansen | CEO | 01/04/2019 | 01/09/2025 |
| Molly Smith Morris | Board member | 01/04/2019 | 22/04/2025 |
| Helge Haugane | Chair of the board | 01/04/2020 | 11/09/2025 |
| Fride Seljevold Methi | Board member | 01/04/2020 | 01/09/2022 |
| Knud Erik Andersen | Board member | 15/04/2021 | 17/03/2022 |
| Olav Martin Bjordal | Director | 01/08/2021 | 21/10/2021 |
| Jakob Møller Sørensen | Director | 03/01/2022 | 31/08/2025 |
Signing rule: Selskabet tegnes af et medlem af direktionen, bestyrelsesformanden eller af den samlede bestyrelse.
Address and production units
2 active production unitsKalkværksvej 16
8000 Aarhus C
| Production unit | Address | Employees | P number |
|---|---|---|---|
| DANSKE COMMODITIES A/S | Kalkværksvej 16, 13, 8000 Aarhus C | 591 | 1010782909 |
| Danske Commodities A/S | Havneholmen 27, 1561 København V | 17 | 1031645715 |
Purpose
Selskabets formål er at drive handel med energi og råvarer samt andre hermed forbundne forretningsaktiviteter, dels i eget regi og dels i koncernforbundne selskaber.
The purpose is quoted from the register in Danish.
Changes year by year
122 registered events20262 changesaccounts 1 · management 1
- AccountsAnnual report for 2025 published
- ManagementKristina Tau Strand Vestbø appointed board member
202512 changesmanagement 7 · address 1 · ownership 2 · accounts 1 · industry 1
- ManagementHelle Østegaard Kristiansen appointed chair of the board
- ManagementHelge Haugane stepped down as chair of the board
- ManagementRasmus Hviid Steffensen appointed director
- ManagementJakob Møller Sørensen appointed ceo
- ManagementHelle Østegaard Kristiansen stepped down as ceo
- ManagementJakob Møller Sørensen stepped down as director
- AddressMoved to Kalkværksvej 16, 13, 8000 Aarhus C
- OwnershipEquinor Midstream & Trading AS registered as owner (100%)
- OwnershipEquinor Refining Norway AS is no longer registered as owner
- AccountsAnnual report for 2024 published
- ManagementMolly Smith Morris stepped down as board member
- IndustryIndustry changed to Other trade in electricity (351590)
20242 changesaddress 1 · accounts 1
- AddressMoved to Værkmestergade 3, 3, 8000 Aarhus C
- AccountsAnnual report for 2023 published
20234 changesmanagement 2 · capital 1 · accounts 1
- ManagementTrine Borum Bojsen appointed board member
- CapitalShare capital changed from 3,679,761,954 EUR to 175,000,000 DKK
- ManagementJens-Peter Saul stepped down as board member
- AccountsAnnual report for 2022 published
20226 changescapital 1 · management 4 · accounts 1
- CapitalShare capital changed from 1,337,195,249 DKK to 3,679,761,954 EUR
- ManagementRune Karlsen appointed board member
- ManagementFride Seljevold Methi stepped down as board member
- AccountsAnnual report for 2021 published
- ManagementKnud Erik Andersen stepped down as board member
- ManagementJakob Møller Sørensen appointed director
20219 changesmanagement 8 · accounts 1
- ManagementOlav Martin Bjordal stepped down as director
- ManagementOlav Martin Bjordal appointed director
- ManagementLars Raagaard Troen Sørensen stepped down as director
- AccountsAnnual report for 2020 published
- ManagementOlav Kolbeinstveit appointed board member
- ManagementKnud Erik Andersen appointed board member
- ManagementHenrik Lind stepped down as board member
- ManagementPeter Lorens Ravn stepped down as board member
- ManagementJens Olaf Økland stepped down as board member
20207 changesmanagement 6 · accounts 1
- ManagementTorbjørn Frendem Folgerø appointed board member
- ManagementSiv Helen Rygh Torstensen stepped down as board member
- AccountsAnnual report for 2019 published
- ManagementFride Seljevold Methi appointed board member
- ManagementHelge Haugane appointed chair of the board
- ManagementTor Martin Anfinnsen stepped down as chair of the board
- ManagementHelge Haugane stepped down as board member
201923 changescapital 2 · ownership 6 · accounts 1 · management 14
- CapitalShare capital changed from 666,824,156 DKK to 1,337,195,249 DKK
- CapitalShare capital changed from 3,706,823 DKK to 666,824,156 DKK
- OwnershipEquinor Refining Norway AS registered as owner (100%)
- OwnershipEquinor Refining Norway AS is no longer registered as owner
- AccountsAnnual report for 2018 published
- ManagementLars Raagaard Troen Sørensen appointed director
- ManagementMolly Smith Morris appointed board member
- ManagementHelle Østegaard Kristiansen appointed ceo
- ManagementHenrik Lind appointed board member
- ManagementHenrik Lind stepped down as ceo
- ManagementHelle Østegaard Kristiansen stepped down as director
- ManagementPeter Lorens Ravn appointed board member
- ManagementTor Martin Anfinnsen appointed chair of the board
- ManagementHelge Haugane appointed board member
- ManagementSiv Helen Rygh Torstensen appointed board member
- ManagementJens Olaf Økland appointed board member
- ManagementBernd Volker Beckers stepped down as deputy chair
- ManagementAnne Broeng stepped down as board member
- OwnershipEquinor Refining Norway AS registered as owner (90%)
- OwnershipDANSKE SHARE II ApS is no longer registered as owner
- OwnershipLIND INVEST ApS is no longer registered as owner
- OwnershipDANSKE SHARE ApS is no longer registered as owner
- ManagementPeter Lorens Ravn stepped down as chair of the board
20181 changeaccounts 1
- AccountsAnnual report for 2017 published
20174 changesmanagement 3 · accounts 1
- ManagementJørn Peter Jensen stepped down as board member
- AccountsAnnual report for 2016 published
- ManagementJørn Peter Jensen appointed board member
- ManagementSøren Vestergaard-Poulsen stepped down as board member
20167 changesmanagement 7
- ManagementBernd Volker Beckers appointed deputy chair
- ManagementHenrik Lind appointed ceo
- ManagementHenrik Lind stepped down as deputy chair
- ManagementBernd Volker Beckers stepped down as board member
- ManagementDirk Erich Mausbeck stepped down as director
- ManagementBernd Volker Beckers appointed board member
- ManagementAnne Broeng appointed board member
201510 changesmanagement 7 · ownership 3
- ManagementSøren Vestergaard-Poulsen appointed board member
- ManagementHenrik Lind appointed deputy chair
- ManagementHenrik Lind stepped down as board member
- ManagementSøren Vestergaard-Poulsen stepped down as deputy chair
- OwnershipDANSKE SHARE II ApS registered as owner (15%)
- OwnershipLIND INVEST ApS registered as owner (50%)
- OwnershipDANSKE SHARE ApS registered as owner (20%)
- ManagementDirk Erich Mausbeck appointed director
- ManagementDirk Erich Mausbeck stepped down as director
- ManagementHenrik Lind stepped down as director
201410 changesownership 2 · management 8
- OwnershipHenrik Lind registered as owner (90%)
- OwnershipHenrik Lind is no longer registered as owner
- ManagementPeter Lorens Ravn appointed chair of the board
- ManagementHelle Østegaard Kristiansen appointed director
- ManagementHenrik Lind appointed director
- ManagementHenrik Lind appointed board member
- ManagementKim Frode Bendixen stepped down as chief financial officer
- ManagementTorben Nordal Clausen stepped down as director
- ManagementJens-Peter Saul appointed board member
- ManagementDion Sørensen stepped down as board member
20136 changesmanagement 6
- ManagementPer Damborg Skovhus stepped down as board member
- ManagementSøren Vestergaard-Poulsen appointed deputy chair
- ManagementPer Damborg Skovhus appointed board member
- ManagementDion Sørensen appointed board member
- ManagementJan Heyn Stubberup stepped down as board member
- ManagementKasper Herrestrup stepped down as board member
20121 changecapital 1
- CapitalShare capital changed from 3,336,140 DKK to 3,706,823 DKK
20112 changesmanagement 2
- ManagementKim Frode Bendixen appointed chief financial officer
- ManagementJan Heyn Stubberup appointed board member
20104 changesmanagement 3 · address 1
- ManagementKasper Herrestrup appointed board member
- ManagementKarina Østenkjær stepped down as board member
- AddressMoved to Værkmestergade 3, 3, 8000 Aarhus C
- ManagementTorben Nordal Clausen appointed director
20083 changesaddress 1 · capital 1 · industry 1
- AddressMoved to Ny Banegårdsgade 55, 1, 8000 Århus C
- CapitalShare capital changed from 3,254,770 DKK to 3,336,140 DKK
- IndustryIndustry changed to Distribution of electricity (351400)
20071 changecapital 1
- CapitalShare capital changed from 3,222,222 DKK to 3,254,770 DKK
20062 changesindustry 1 · address 1
- IndustryIndustry changed to Distribution af og handel med elektricitet (401300)
- AddressMoved to Skt. Clemens Stræde 9, 1, 8000 Århus C
20052 changesindustry 1 · capital 1
- IndustryIndustry changed to Investeringsselskaber (652320)
- CapitalShare capital changed from 2,900,000 DKK to 3,222,222 DKK
20044 changescapital 1 · address 1 · founded 1 · management 1
- CapitalShare capital changed from 500,000 DKK to 2,900,000 DKK
- AddressMoved to Store Torv 9, 2, 8000 Århus C
- FoundedRegistered as DANSKE COMMODITIES A/S
- ManagementKarina Østenkjær appointed board member
Related companies
Same industry in Aarhus
- Mind Energy A/S322 employees
- In Commodities A/S217 employees
- NRGI Elhandel A/S135 employees
- Nitor Energy A/S96 employees
- MFT Energy A/S93 employees
- Strømlinet A/S45 employees
Same people in management
- Danske Bank A/Svia Jørn Peter Jensen
- Post Danmark A/Svia Søren Vestergaard-Poulsen
- Jyske Bank A/Svia Per Damborg Skovhus
- Matas Operations A/Svia Søren Vestergaard-Poulsen
- Stark Danmark A/Svia Søren Vestergaard-Poulsen
- PFA Pension, Forsikringsaktieselskab.via Anne Broeng
Largest in the industry
- Centrica Energy Trading A/SDKK 937.8m
- Norlys Energi A/SDKK 292.3m
- Andel Energi A/SDKK 252.9m
- Twig Energy ApSDKK 222.4m
- NRGI Elhandel A/SDKK 114.4m
- Nordic Energy House ApSDKK 104.2m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 23/10/2026.