Just like any other industry, wind is ultimately all about returns. Strictly measured on that front, the recently released annual report from Danish consultant K2 indicates that the fiscal year 2015/2016 was very tight. The company's ROCE – Returns On Invested Capital – is only one third of last year's figure, while the net result fell by 40 percent down to DKK 2.9 million (EUR 390,000).
This is not the whole story, however. Not only because last year was the best yet in the 10-year history of the Danish company, but also because the lower returns can be attributed to a positive development, as the gross result grew 13 percent to almost DKK 65 million.
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
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Norway's energy minister sets plan for mitigating nation's energy crisis
The Norwegian ministry of oil and energy presents a timetable for launching initiatives to help the country weather the energy crisis – starting this autumn.
Vår Energi buys stake in Norwegian North Sea licenses
The Norwegian oil company has purchased 30% interest in two licenses north of the Balder field in the Norwegian North Sea.
Scatec secures funding for hydrogen plans in Africa
A Norwegian development fund has awarded its first-ever hydrogen funding to Scatec, which plans to establish green hydrogen production in Africa.
Saudi Aramco prepares for gigantic gas project
The oil and gas giant presents a development plan for a record field and plans to invest around USD 100bn in the project.
Nordex wins home market orders of 100MW in July
The German manufacturer kicks off this year’s third quarter with ten new orders totaling 102MW from the group’s domestic market.
Technically skilled Project Manager for a new function in eMobility Delivery in Norlys Energi 
GMP Compliance Consultant to Eltronic in Ballerup 
Department manager for Controlcenter Gas 
Business analyst / Product owner with a passion for making decarbonizing energy easy 
Consultant to work with the important role of power plants in the green energy system of the future 
Senior Reservoir Engineer 
Senior Project Manager 
A lawyer (chief consultant) is wanted for People & Culture 
Director/VP til VP Engineering & Design 
Heat pump Consultant and Coordinator 
Senior Project Manager for the offshore wind industry 
Director of the European Joint Undertaking for ITER and the Development of Fusion Energy 
HV Specialist for newly created position 
Tender consultant for strategic purchasing 
Senior Transaction Manager, M&A and Project Financing