Energi Danmark's profit soars

Electricity trader Energi Danmark succeeded in turning things around during 2016, boosting its profits tenfold.

Danish electricity trader Energi Danmark managed to set a revenue record for 2016, and the group has seen its bottom line soar after landing a DKK 114.1 million result. This is almost a tenfold increase of the 2016 DKK 11.7 million improvement, the worst in ten eyars. In 2016, Energi Danmark changed its reporting standard to IFRS, while 2015 figures were updated to the same standard.

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