Owners, management and financials
CVR: 32081487
Previous names: NORDIC BULK CARRIERS A/S
USD 172,003,000
Revenue
Net result: USD -7,140,000
N.B.V. Nordic Bulk Ventures (Cyprus) Ltd. (100%)
CVR · view owners
Carsten Andersen
Board: Mads Rosenberg Boye Petersen (chair) and 2 members
CVR · view management
Active
Founded 13 March 2009
CVR · view overview
10 employees
CVR · 2018
Name registered: Pangaea Logistics Solutions Denmark A/S
CVR · 01/09/2023
View the full event history
Pangaea Logistics Solutions Denmark A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 2009. The company is registered under the industry Andre støtteaktiviteter i forbindelse med transport. The company was previously named NORDIC BULK CARRIERS A/S. The management consists of Carsten Andersen. The board consists of Mads Rosenberg Boye Petersen (chair), Carsten Andersen and Gianni Vincenzo Del Signore. The company is owned by N.B.V. Nordic Bulk Ventures (Cyprus) Ltd.. The company has 10 employees (2018). In 2025, the company reported revenue of USD 172,003,000 and a net result of USD -7,140,000 compared with USD -428,000 the year before. Equity in the 2025 report amounted to USD 15,517,000.
Source: annual report 2025, Danish Business Authority
Pangaea Logistics Solutions Denmark A/S is experiencing a significant decline in financial health, with a notable drop in revenue from $465.8 million in 2021 to $172 million in 2025. The company has reported consecutive losses over the past three years, culminating in a loss of $7.14 million in 2025, alongside a decrease in equity from $35.1 million in 2022 to $15.5 million in 2025. While the company had a strong revenue base in previous years, its declining gross profit margins and increasing losses raise concerns about its sustainability and competitive position within the transport support industry. The current trajectory suggests a need for strategic adjustments to reverse the downward trend and stabilize its financial standing.
AI-generated summary · Generated 20/08/2026
Selskabets formål er direkte eller indirekte at drive shippingvirksomhed samt hermed beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 172 mio. USD | -7.1 mio. USD | 42 mio. USD | 15.5 mio. USD | 15 | |
| 202401/01/2024 – 31/12/2024 | 176.2 mio. USD | -428 t. USD | 46.4 mio. USD | 22.7 mio. USD | 14 | |
| 202301/01/2023 – 31/12/2023 | 195.3 mio. USD | -2 mio. USD | 51.8 mio. USD | 33.1 mio. USD | 14 | |
| 202201/01/2022 – 31/12/2022 | 366.6 mio. USD | 8.4 mio. USD | 63.6 mio. USD | 35.1 mio. USD | 14 | |
| 202101/01/2021 – 31/12/2021 | 465.8 mio. USD | 9 mio. USD | 76 mio. USD | 27.7 mio. USD | 15 | |
| 202001/01/2020 – 31/12/2020 | 236.6 mio. USD | 3 mio. USD | 35.1 mio. USD | 17.8 mio. USD | 12 | |
| 201901/01/2019 – 31/12/2019 | 242.5 mio. USD | 5.7 mio. USD | 46.4 mio. USD | 17.7 mio. USD | 12 | |
| 201801/01/2018 – 31/12/2018 | 191.2 mio. USD | 6.1 mio. USD | 31.8 mio. USD | 10.4 mio. USD | 12 | |
| 201701/01/2017 – 31/12/2017 | 176.8 mio. USD | 4 mio. USD | 28 mio. USD | 6.1 mio. USD | 9 | |
| 201601/01/2016 – 31/12/2016 | 98.9 mio. USD | -916 t. USD | 14.2 mio. USD | 2.1 mio. USD | 10 | |
| 201501/01/2015 – 31/12/2015 | 106.9 mio. USD | 1.4 mio. USD | 13.3 mio. USD | 2.8 mio. USD | 12 | |
| 201401/01/2014 – 31/12/2014 | 150.3 mio. USD | -5.2 mio. USD | 17.7 mio. USD | -3.9 mio. USD | 11 | |
| 201301/01/2013 – 31/12/2013 | 131.2 mio. | -2.1 mio. | 21.5 mio. | 2.5 mio. | 9 |
Compared to 581 companies in Andre støtteaktiviteter i forbindelse med transport
Comparison is based on industry median values
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Read about the CDS scoreThe CVR number of Pangaea Logistics Solutions Denmark A/S is 32081487.
Pangaea Logistics Solutions Denmark A/S is owned by N.B.V. Nordic Bulk Ventures (Cyprus) Ltd..
The management of Pangaea Logistics Solutions Denmark A/S consists of Carsten Andersen.
The board of Pangaea Logistics Solutions Denmark A/S consists of Mads Rosenberg Boye Petersen, Carsten Andersen and Gianni Vincenzo Del Signore, with Mads Rosenberg Boye Petersen as chair.
In 2025, Pangaea Logistics Solutions Denmark A/S reported revenue of USD 172,003,000.
Pangaea Logistics Solutions Denmark A/S had 10 employees in 2018 according to the Danish CVR register.
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Pangaea Logistics Solutions Denmark A/S has published its annual report for 2025. Revenue came to DKK 172,003,000, and the net result was DKK -7,140,000.
Contact info changed: new phone: 39100800, new email: [email protected] (January 14, 2026).
Contact info changed: new phone: 39100800, new email: [email protected] (January 13, 2026).
As of January 13, 2026, Carsten Andersen has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of January 13, 2026, Mark Lewis Filanowski has left the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of November 13, 2025, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Pangaea Logistics Solutions Denmark A/S.
As of November 13, 2025, Grant Thornton, Godkendt Revisionspartnerselskab has stepped down as auditor of Pangaea Logistics Solutions Denmark A/S.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2024. Revenue came to DKK 176,227,000, and the net result was DKK -428,000.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2023. Revenue came to DKK 195,306,000, and the net result was DKK -1,991,000.
On September 1, 2023, the company changed its name from NORDIC BULK CARRIERS A/S to Pangaea Logistics Solutions Denmark A/S.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2022. Revenue came to DKK 366,598,000, and the net result was DKK 8,425,000.
As of December 1, 2022, Mads Rosenberg Boye Petersen has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of December 1, 2022, Mark Lewis Filanowski has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of November 30, 2022, Mads Rosenberg Boye Petersen has left the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of November 30, 2022, Mark Lewis Filanowski has left the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of October 1, 2022, Carsten Andersen is registered as director of Pangaea Logistics Solutions Denmark A/S.
As of October 1, 2022, Mads Rosenberg Boye Petersen has stepped down as director of Pangaea Logistics Solutions Denmark A/S.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2021. Revenue came to DKK 465,752,000, and the net result was DKK 8,999,000.
As of December 15, 2021, Mark Lewis Filanowski has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of December 14, 2021, Edward Coll has left the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of December 14, 2021, Mark Lewis Filanowski has left the board of directors of Pangaea Logistics Solutions Denmark A/S.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2020. Revenue came to DKK 236,591,172, and the net result was DKK 3,041,583.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2019. Revenue came to DKK 242,531,091, and the net result was DKK 5,656,198.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2018. Revenue came to DKK 191,189,429, and the net result was DKK 6,146,113.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2017. Revenue came to DKK 176,772,919, and the net result was DKK 4,047,532.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2016. Revenue came to DKK 98,872,530, and the net result was DKK -915,871.
As of May 19, 2017, Mark Lewis Filanowski has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of May 19, 2017, Gianni Vincenzo Del Signore has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of May 19, 2017, Carl Claus Bøggild has left the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of May 19, 2017, Anthony Laura has left the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of May 19, 2017, is registered as an owner of Pangaea Logistics Solutions Denmark A/S with an ownership share of 100%.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2015. Revenue came to DKK 106,885,737, and the net result was DKK 1,367,809.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2014. Revenue came to DKK 150,311,811, and the net result was DKK -5,205,121.
As of May 29, 2015, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of Pangaea Logistics Solutions Denmark A/S.
As of May 29, 2015, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Pangaea Logistics Solutions Denmark A/S.
As of May 19, 2015, Christian Bonfils has left the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of February 20, 2015, Christian Bonfils has stepped down as director of Pangaea Logistics Solutions Denmark A/S.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2013. Revenue came to DKK 131,160,106, and the net result was DKK -2,103,736.
Pangaea Logistics Solutions Denmark A/S has published its annual report for 2012.
As of April 4, 2013, Carl Claus Bøggild has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of April 4, 2013, Edward Coll has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Pangaea Logistics Solutions Denmark A/S.
As of July 1, 2011, A/S PSE NR. 4820 has stepped down as auditor of Pangaea Logistics Solutions Denmark A/S.
As of September 16, 2009, Anthony Laura has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of September 16, 2009, Christian Bonfils is registered as director of Pangaea Logistics Solutions Denmark A/S.
As of March 13, 2009, A/S PSE NR. 4820 has been appointed auditor of Pangaea Logistics Solutions Denmark A/S.
As of March 13, 2009, Christian Bonfils has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of March 13, 2009, Mads Rosenberg Boye Petersen has joined the board of directors of Pangaea Logistics Solutions Denmark A/S.
As of March 13, 2009, Mads Rosenberg Boye Petersen is registered as director of Pangaea Logistics Solutions Denmark A/S.
Pangaea Logistics Solutions Denmark A/S was founded on March 13, 2009.
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