CLIPPER BULK A/S: Financial statements 2020
CVR: 21289086
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
CLIPPER BULK A/S (CVR 21289086) has filed annual accounts for 2020. In 2020, the company reported revenue of USD 23,832,000 and a net result of USD 490,000 compared with USD 1,369,000 the year before. That is a decrease of 30.4% compared with the year before. The profit margin was 2.1%. Equity in the 2020 report amounted to USD 25,196,000. The solvency ratio was 77.5%. The company had 121 employees in the financial year.
- Revenue
- USD 23,832,000
- Gross Profit
- USD 12,068,000
- Profit/Loss
- USD 490,000
- Equity
- USD 25,196,000
- Total Assets
- USD 32,507,000
- Employees
- 121
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 23.8 mio. USD | 12.1 mio. USD | 490 t. USD | 25.2 mio. USD | 121 |
| 2019 | 34.2 mio. USD | 17.1 mio. USD | 1.4 mio. USD | 24.5 mio. USD | 121 |
| 2018 | - | 13.7 mio. USD | 23 mio. USD | 23.1 mio. USD | - |
| 2017 | - | -1.1 mio. USD | -20 mio. USD | 266 t. USD | - |
| 2016 | - | 13.5 mio. USD | -4.2 mio. USD | 20.3 mio. USD | - |
Official annual report
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As of October 19, 2020, Thomas Martinussen has joined the board of directors of CLIPPER BULK A/S.
As of October 19, 2020, Amrit Peter Kalsi has joined the board of directors of CLIPPER BULK A/S.
As of October 19, 2020, Henrik Lund Dal has left the board of directors of CLIPPER BULK A/S.
As of October 19, 2020, Peter Norborg has left the board of directors of CLIPPER BULK A/S.
As of October 19, 2020, Henrik Kvist-Jacobsen is registered as director of CLIPPER BULK A/S.
As of October 19, 2020, Amrit Peter Kalsi is registered as adm. dir. of CLIPPER BULK A/S.
As of October 19, 2020, Peter Norborg has stepped down as adm. dir. of CLIPPER BULK A/S.
CLIPPER BULK A/S has published its annual report for 2019. Revenue came to DKK 34,225,000, and the net result was DKK 1,369,000.
About CLIPPER BULK A/S
CLIPPER BULK A/S is a Danish company of the type Aktieselskab based in København Ø, founded in 1998. The company is registered under the industry Sø- og kysttransport af gods. The company was previously named CLIPPER FLEET MANAGEMENT A/S and A/S PSE 17 NR. 1088. The management consists of Amrit Peter Kalsi. The board consists of Thomas Martinussen (chair), Amrit Peter Kalsi and Henrik Kvist-Jacobsen. The company is owned by Clipper Bulk Shipping Ltd.. The company has 212 employees (2018). In 2025, the company reported a gross profit of USD 18,142,000 and a net result of USD 1,003,000 compared with USD 2,289,000 the year before. Equity in the 2025 report amounted to USD 33,262,000.