Energy consultants lose out on bottom-line growth despite boost

Danish Energy Management & Esbensen has delivered a stable bottom line, although the latest fiscal year brought a higher gross profit.

Photo: Dansk Energi Management

Despite higher gross profits, energy consultants at Danish Energy Management & Esbensen have ended their latest fiscal year in line with the previous one, according to the annual report for the fiscal year published at the end of September.

The consultancy firm has deducted costs and sold services for DKK 11.8 million (EUR 1.59 million), which is the best result since the merger with Esbensen in 2015, making up a 21-percent increase relative to the same period last year. An increase in staff costs and a small decline in the company's financial earnings, however, left growth on the bottom line at just 1.28 percent, DKK 3.2 million altogether.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted aims to be number one on carbon capture

The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.

Nordex downgrades forecast

The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.

Further reading

Related articles

Latest News

See all jobs