Pangaea Logistics Solutions Denmark A/S: Financial statements 2023
CVR: 32081487
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
Pangaea Logistics Solutions Denmark A/S (CVR 32081487) has filed annual accounts for 2023. In 2023, the company reported revenue of USD 195,306,000 and a net result of USD -1,991,000 compared with USD 8,425,000 the year before. That is a decrease of 46.7% compared with the year before. The profit margin was -1%. Equity in the 2023 report amounted to USD 33,085,000. The solvency ratio was 63.9%. The company had 14 employees in the financial year.
- Revenue
- USD 195,306,000
- Gross Profit
- USD 2,557,000
- Profit/Loss
- USD -1,991,000
- Equity
- USD 33,085,000
- Total Assets
- USD 51,793,000
- Employees
- 14
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 195.3M USD | 2.6M USD | -2M USD | 33.1M USD | 14 |
| 2022 | 366.6M USD | 11.6M USD | 8.4M USD | 35.1M USD | 14 |
| 2021 | 465.8M USD | 13.1M USD | 9M USD | 27.7M USD | 15 |
| 2020 | 236.6M USD | 6.2M USD | 3M USD | 17.8M USD | 12 |
| 2019 | 242.5M USD | 8.8M USD | 5.7M USD | 17.7M USD | 12 |
Official annual report
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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.
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.