Owners, management and financials
CVR: 11822606
Secondary names: BAYSHIP ÅRHUS A/S
DKK 6,596,644
Gross profit
Net result: DKK 3,560,160
BALTIC SHIPPING COMPANY A/S (100%)
CVR · view owners
Peter Ronnie Hulstrøm
Board: 4 members
CVR · view management
Active
Founded 21 December 1987
CVR · view overview
4 employees
CVR · 2018
Director role ended: Morten Løvenbalk Kirchheiner
CVR · 12/12/2022
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BAY SHIPPING A/S is a Danish company of the type Aktieselskab based in Aarhus C, founded in 1987. The company is registered under the industry Formidlingsaktiviteter inden for godstransport. The management consists of Peter Ronnie Hulstrøm. The board consists of Frederik Christian Rye Lytzen, Mikkel Schmidt, Peter Ronnie Hulstrøm and Thomas Holst Olsen. The company is owned by BALTIC SHIPPING COMPANY A/S. The company has 4 employees (2018). In 2025, the company reported a gross profit of DKK 6,596,644 and a net result of DKK 3,560,160 compared with DKK 3,380,595 the year before. Equity in the 2025 report amounted to DKK 4,188,103.
Source: annual report 2025, Danish Business Authority
BAY SHIPPING A/S demonstrates a solid financial health with a consistent trend of profitability over the past five years, highlighted by a gross profit of 11,875,322 DKK and a profit of 8,147,348 DKK in 2023. The company has shown significant growth in gross profit, increasing from 3,531,146 DKK in 2021 to 11,875,322 DKK in 2023, indicating a strong upward trajectory. Equity has also improved, reaching 8,647,348 DKK in 2023, which suggests a strengthening balance sheet. However, the absence of revenue data raises concerns about transparency and may affect stakeholder confidence. Overall, BAY SHIPPING A/S appears to be well-positioned within the freight transport industry, leveraging its profitability and equity growth to support future operations.
AI-generated summary · Generated 13/08/2026
Selskabets formål er at drive shippingvirksomhed, trading samt beslægtet virksomhed efter bestyrelsens skøn, samt at eje kapitalandele i andre selskaber, der driver shippingvirksomhed, trading og dermed beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 6.6 mio. | 3.6 mio. | 5.8 mio. | 4.2 mio. | 2 | |
| 202401/01/2024 – 31/12/2024 | 5.6 mio. | 3.4 mio. | 10.6 mio. | 3.9 mio. | 2 | |
| 202301/01/2023 – 31/12/2023 | 11.9 mio. | 8.1 mio. | 13.3 mio. | 8.6 mio. | 2 | |
| 202201/05/2021 – 30/04/2022 | 6 mio. | 5.2 mio. | 9.7 mio. | 6.9 mio. | 4 | |
| 202101/05/2020 – 30/04/2021 | 3.5 mio. | 1.6 mio. | 6 mio. | 3.2 mio. | 4 | |
| 202001/05/2019 – 30/04/2020 | 4.7 mio. | 1.6 mio. | 6 mio. | 2.6 mio. | 4 | |
| 201901/05/2018 – 30/04/2019 | 5.3 mio. | 2.2 mio. | 8 mio. | 3.3 mio. | 4 | |
| 201801/05/2017 – 30/04/2018 | 7 mio. | 3.7 mio. | 8.4 mio. | 4.8 mio. | 4 | |
| 201701/05/2016 – 30/04/2017 | 4.8 mio. | 1.3 mio. | 6.2 mio. | 2 mio. | 4 | |
| 201601/05/2015 – 30/04/2016 | 3.8 mio. | 1.3 mio. | 4.7 mio. | 1.2 mio. | - | |
| 201501/05/2014 – 30/04/2015 | 4.1 mio. | 1.9 mio. | 5.2 mio. | 2.6 mio. | - | |
| 201401/05/2013 – 30/04/2014 | 4.3 mio. | 2.2 mio. | 7 mio. | 2.7 mio. | 3 | |
| 201301/05/2012 – 30/04/2013 | 3.4 mio. | 2 mio. | 7.2 mio. | 4.3 mio. | - |
Compared to 115 companies in Formidlingsaktiviteter inden for godstransport
Comparison is based on industry median values
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Set up monitoringThe CVR number of BAY SHIPPING A/S is 11822606.
BAY SHIPPING A/S is owned by BALTIC SHIPPING COMPANY A/S.
The management of BAY SHIPPING A/S consists of Peter Ronnie Hulstrøm.
The board of BAY SHIPPING A/S consists of Frederik Christian Rye Lytzen, Mikkel Schmidt and Peter Ronnie Hulstrøm.
In 2025, BAY SHIPPING A/S reported a gross profit of DKK 6,596,644.
BAY SHIPPING A/S had 4 employees in 2018 according to the Danish CVR register.
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BAY SHIPPING A/S has published its annual report for 2025. Gross profit came to DKK 6,596,644, and the net result was DKK 3,560,160.
BAY SHIPPING A/S has published its annual report for 2024. Gross profit came to DKK 5,607,423, and the net result was DKK 3,380,595.
BAY SHIPPING A/S has published its annual report for 2023. Gross profit came to DKK 11,875,322, and the net result was DKK 8,147,348.
BAY SHIPPING A/S has published its interim report for the period May 1, 2022 – December 31, 2022.
As of January 15, 2023, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of BAY SHIPPING A/S.
As of January 15, 2023, REDMARK, GODKENDT REVISIONSPARTNERSELSKAB has stepped down as auditor of BAY SHIPPING A/S.
As of December 12, 2022, Thomas Holst Olsen has joined the board of directors of BAY SHIPPING A/S.
As of December 12, 2022, Peter Ronnie Hulstrøm has joined the board of directors of BAY SHIPPING A/S.
As of December 12, 2022, Mikkel Schmidt has joined the board of directors of BAY SHIPPING A/S.
As of December 12, 2022, Frederik Christian Rye Lytzen has joined the board of directors of BAY SHIPPING A/S.
As of December 12, 2022, Birgitte Sølvkær Olesen has left the board of directors of BAY SHIPPING A/S.
As of December 12, 2022, Henrik Walther Hansen has left the board of directors of BAY SHIPPING A/S.
As of December 12, 2022, Morten Løvenbalk Kirchheiner has left the board of directors of BAY SHIPPING A/S.
As of December 12, 2022, Peter Ronnie Hulstrøm is registered as adm. dir. of BAY SHIPPING A/S.
As of December 12, 2022, Morten Løvenbalk Kirchheiner has stepped down as director of BAY SHIPPING A/S.
As of December 12, 2022, BALTIC SHIPPING COMPANY A/S is registered as an owner of BAY SHIPPING A/S with an ownership share of 100%.
BAY SHIPPING A/S has published its annual report for 2022. Gross profit came to DKK 6,000,847, and the net result was DKK 5,153,016.
BAY SHIPPING A/S has published its annual report for 2021. Gross profit came to DKK 3,531,146, and the net result was DKK 1,625,598.
BAY SHIPPING A/S has published its annual report for 2020. Gross profit came to DKK 4,707,001, and the net result was DKK 1,614,567.
As of October 9, 2020, Andres Tue Møller has left the board of directors of BAY SHIPPING A/S.
As of October 9, 2020, Jesper Aaris Nielsen has left the board of directors of BAY SHIPPING A/S.
As of September 30, 2020, Jesper Aaris Nielsen has stepped down as director of BAY SHIPPING A/S.
As of April 21, 2020, REDMARK, GODKENDT REVISIONSPARTNERSELSKAB has been appointed auditor of BAY SHIPPING A/S.
As of April 21, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of BAY SHIPPING A/S.
BAY SHIPPING A/S has published its annual report for 2019. Gross profit came to DKK 5,291,260, and the net result was DKK 2,248,554.
BAY SHIPPING A/S has published its annual report for 2018. Gross profit came to DKK 6,980,654, and the net result was DKK 3,740,172.
BAY SHIPPING A/S has published its annual report for 2017. Gross profit came to DKK 4,839,668, and the net result was DKK 1,293,232.
BAY SHIPPING A/S has published its annual report for 2016. Gross profit came to DKK 3,765,051, and the net result was DKK 1,265,297.
As of April 18, 2016, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of BAY SHIPPING A/S.
As of April 18, 2016, RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of BAY SHIPPING A/S.
BAY SHIPPING A/S has published its annual report for 2015. Gross profit came to DKK 4,061,772, and the net result was DKK 1,884,863.
BAY SHIPPING A/S has published its annual report for 2014. Gross profit came to DKK 4,290,707, and the net result was DKK 2,223,194.
BAY SHIPPING A/S has published its annual report for 2013. Gross profit came to DKK 3,429,244, and the net result was DKK 2,036,462.
As of January 1, 2012, RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of BAY SHIPPING A/S.
As of January 1, 2012, REVISIONSFIRMA SVENDSEN & SØRENSEN I/S has stepped down as auditor of BAY SHIPPING A/S.
As of September 23, 2010, Henrik Walther Hansen has joined the board of directors of BAY SHIPPING A/S.
As of September 23, 2010, Jens Friis Kristensen has left the board of directors of BAY SHIPPING A/S.
As of April 24, 2009, Andres Tue Møller has joined the board of directors of BAY SHIPPING A/S.
As of April 24, 2009, Flemming Sørensen has left the board of directors of BAY SHIPPING A/S.
As of August 16, 2007, REVISIONSFIRMA SVENDSEN & SØRENSEN I/S has been appointed auditor of BAY SHIPPING A/S.
As of August 16, 2007, Peder Frøjk Madsen has stepped down as auditor of BAY SHIPPING A/S.
As of October 17, 2002, Preben Klement Andersen has left the board of directors of BAY SHIPPING A/S.
As of October 4, 2002, Birgitte Sølvkær Olesen has joined the board of directors of BAY SHIPPING A/S.
As of October 4, 2002, Jens Friis Kristensen has joined the board of directors of BAY SHIPPING A/S.
As of November 15, 2001, Christian Duus has left the board of directors of BAY SHIPPING A/S.
As of July 11, 2001, Kim Birger Smidt Nielsen has left the board of directors of BAY SHIPPING A/S.
As of July 11, 2001, Kim Birger Smidt Nielsen has stepped down as director of BAY SHIPPING A/S.
As of July 3, 2000, Flemming Sørensen has joined the board of directors of BAY SHIPPING A/S.
As of July 3, 2000, Jesper Aaris Nielsen has joined the board of directors of BAY SHIPPING A/S.
As of July 3, 2000, Annette Norre Rasmussen has left the board of directors of BAY SHIPPING A/S.
As of July 3, 2000, Jesper Aaris Nielsen is registered as director of BAY SHIPPING A/S.
As of February 28, 1998, Christian Duus has joined the board of directors of BAY SHIPPING A/S.
As of February 28, 1998, Annette Norre Rasmussen has joined the board of directors of BAY SHIPPING A/S.
As of February 28, 1998, Niels Krogh Sejersen has left the board of directors of BAY SHIPPING A/S.
As of February 28, 1998, Kim Birger Smidt Nielsen is registered as director of BAY SHIPPING A/S.
As of February 28, 1998, Morten Løvenbalk Kirchheiner is registered as director of BAY SHIPPING A/S.
As of February 28, 1998, Niels Krogh Sejersen has stepped down as director of BAY SHIPPING A/S.
As of September 3, 1997, Kim Birger Smidt Nielsen has joined the board of directors of BAY SHIPPING A/S.
As of September 3, 1997, Morten Løvenbalk Kirchheiner has joined the board of directors of BAY SHIPPING A/S.
As of September 3, 1997, Torben Vestergaard Jørgensen has left the board of directors of BAY SHIPPING A/S.
As of February 23, 1995, Peter Edlund Andersen has left the board of directors of BAY SHIPPING A/S.
As of February 23, 1995, Peter Edlund Andersen has stepped down as director of BAY SHIPPING A/S.
As of August 23, 1993, Vibeke Andersen has left the board of directors of BAY SHIPPING A/S.
As of October 8, 1990, Vibeke Andersen has stepped down as director of BAY SHIPPING A/S.
As of May 27, 1988, Erik Tronborg Andersen has stepped down as auditor of BAY SHIPPING A/S.
As of May 27, 1988, Per Emil Hasselbalch Stakemann has stepped down as director of BAY SHIPPING A/S.
As of December 21, 1987, Erik Tronborg Andersen has been appointed auditor of BAY SHIPPING A/S.
As of December 21, 1987, Peder Frøjk Madsen has been appointed auditor of BAY SHIPPING A/S.
As of December 21, 1987, Torben Vestergaard Jørgensen has joined the board of directors of BAY SHIPPING A/S.
As of December 21, 1987, Preben Klement Andersen has joined the board of directors of BAY SHIPPING A/S.
As of December 21, 1987, Vibeke Andersen has joined the board of directors of BAY SHIPPING A/S.
As of December 21, 1987, Peter Edlund Andersen has joined the board of directors of BAY SHIPPING A/S.
As of December 21, 1987, Niels Krogh Sejersen has joined the board of directors of BAY SHIPPING A/S.
As of December 21, 1987, Per Emil Hasselbalch Stakemann is registered as director of BAY SHIPPING A/S.
As of December 21, 1987, Vibeke Andersen is registered as director of BAY SHIPPING A/S.
As of December 21, 1987, Peter Edlund Andersen is registered as director of BAY SHIPPING A/S.
As of December 21, 1987, Niels Krogh Sejersen is registered as director of BAY SHIPPING A/S.
BAY SHIPPING A/S was founded on December 21, 1987.
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