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We believe that honesty and transparency are key ingredients in creating meaningful work and longstanding relationships


We believe that creating a successful business starts with visions and grand ideas but is realized by the innovations of people doing day-to-day work


Having constructive disagreements is important to us. It helps us uncover our strengths, so we can improve, innovate and rethink tomorrow


Not all of us are innovators all the time. However, we always challenge our tasks by asking: Can I do this smarter? Does it make sense what I'm doing?




InCommodities is a partner owned independent energy trader headquartered in Aarhus, Denmark.

Established in 2017, our company holds a significant physical market presence in the European power market, where we trade and optimize our portfolio 7 days a week, 24 hours a day.

We consider ourselves to be a part of the green transition Europe is going through, where renewables deliver an increasing percentage of the total energy consumption.

We absorb the market risks associated with the unstable renewable energy sources and ensure stability of supply through the combination of deep market knowledge, trading, data science, meteorology and experience.


We care about our people and our business, as we understand that it takes a symbiosis of the two to achieve true excellence.

Come work with us

Making InCommodities great requires all types of people with different personalities, perspectives and approaches to solving different tasks.

If you are a person, who is fueled by creating new ideas and rethinking status quo, and you're looking for an environment where transparency and honest feedback are parts of daily life, we should talk.

We are not just looking for people to do a certain job. We look for people who want to share our values and be part of our community. This also means we are constantly looking and that we're happy to evaluate you as a candidate even though we may not have an open position for you at this time.

If you are interested, send your cover letter and CV to


We see partnering as a key component in the way we run our business. Today we have four partners.


Jesper Johanson

Jesper has nine years of experience in the European energy markets from two of the leading energy traders in Europe and from Deutsche Bank Global Commodities unit. He started out his career as a trader and later became the leading figure in building and leading Neas Energy's power trading and assets optimization unit.

Jesper holds a Master's Degree in Finance from Aarhus School of Business and two Executive Education degrees from Copenhagen Business and Singularity University. Jesper was born and raised in Denmark and today he lives with his family in Aarhus.

Mail Tel +45 6915 7571 Mob +45 2012 5163

Read more about Jesper


Christian Bach

Christian has seven years of experience as a trader and analyst and later as head of the department responsible for short term optimization of assets at Danske Commodities. His main competences are in accounting, finance, data analysis, risk management and process optimization.

Christian Bach graduated in 2011 as a PhD in accounting and finance. He is married and has two children with whom he likes to spend most of his spare time.

Mail Tel +45 6915 7574 Mob +45 2972 8010

Read more about Christian

Head of IT

Emil Kildegaard Gerhardt

Emil has been professionally engaged in trading of financial and physical markets for more than 10 years. Emil has spent a great deal of these 10 years in Danske Commodities, where he started as an Intraday trader.

Over the years, Emil has focused on identifying and creating solutions for imperfections within the industrial and utility segments. This has taken him through a great part of the value chain within the energy sector.

Today, Emil leads our IT activities by helping us achieve our ambition of being a highly automated and lean company.

Emil holds a Master of Science degree in Economics from Aarhus University.

Mail Tel +45 6915 7572 Mob +45 3143 4055

Read more about Emil

Head of Intraday

Jeppe Højgaard

Jeppe has more than 10 years of experience. He started out at Danske Commodities in 2008 and spent three years as an Intraday power trader before he was promoted to Head of Intraday.

The following years at Danske Commodities gave him profound understanding of the energy market and led him to create and lead the Asset Management division at Danske Commodities.

In 2015, Jeppe joined NEAS Energy as Head of Intraday. However, his entrepreneurial spirit got the best of him only a few years later. Jeppe is highly active in start-up networks and this ultimately lead him to the exciting challenge of starting up InCommodities.

Jeppe has a Master's Degree in Finance from Aarhus University.

Mail Tel +45 6915 7573 Mob +45 2855 5380

Read more about Jeppe


Highlights 2017

"InCommodities was launched on the 1st of February 2017 and the bulk of activity in the company the first half year was concentrated around building physical and financial market presence in the European power market.

We have successfully registered for eight of the main markets giving us the ability to handle physical power in Denmark, Germany, Austria, Switzerland, France, Holland, Belgium and UK.

Today we are actively engaged in all the markets from a trading perspective and have engaged in several origination deals with peers in the industry.

The second half year have been focused around building our Intraday trading and the proper IT infrastructure for us to scale our business in 2018.

From a financial perspective 2017 offered a result in line with our expectations and a return on equity at a satisfying level. All in all, it has been a successful launch of InCommodities and we are well equipped and ready to expand in 2018."

— CEO, Jesper Johanson

  • Gross profit was at EUR 1.7m
  • Earnings before tax of EUR 1.5m
  • Return on Equity of 73%
  • Equity of EUR 4.3m
  • Two successful investor rounds valuing the company above EUR 25m
Annual Report 2017
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