EnergyWatch

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.

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