Pangaea Logistics Solutions Denmark A/S: Financial statements 2020
CVR: 32081487
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Pangaea Logistics Solutions Denmark A/S (CVR 32081487) has filed annual accounts for 2020. In 2020, the company reported revenue of USD 236,591,172 and a net result of USD 3,041,583 compared with USD 5,656,198 the year before. That is a decrease of 2.4% compared with the year before. The profit margin was 1.3%. Equity in the 2020 report amounted to USD 17,838,035. The solvency ratio was 50.8%. The company had 12 employees in the financial year.
- Revenue
- USD 236,591,172
- Gross Profit
- USD 6,210,272
- Profit/Loss
- USD 3,041,583
- Equity
- USD 17,838,035
- Total Assets
- USD 35,086,937
- Employees
- 12
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 236.6 mio. USD | 6.2 mio. USD | 3 mio. USD | 17.8 mio. USD | 12 |
| 2019 | 242.5 mio. USD | 8.8 mio. USD | 5.7 mio. USD | 17.7 mio. USD | 12 |
| 2018 | 191.2 mio. USD | 9 mio. USD | 6.1 mio. USD | 10.4 mio. USD | 12 |
| 2017 | 176.8 mio. USD | 6.5 mio. USD | 4 mio. USD | 6.1 mio. USD | 9 |
| 2016 | 98.9 mio. USD | 1 mio. USD | -916 t. USD | 2.1 mio. USD | 10 |
Official annual report
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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.
About Pangaea Logistics Solutions Denmark A/S
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 19 employees (2026). 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.