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Pangaea Logistics Solutions Denmark A/S: Financial statements 2024

CVR: 32081487

Source: annual report 2024, Danish Business Authority

01/01/2024 – 31/12/2024

Pangaea Logistics Solutions Denmark A/S (CVR 32081487) has filed annual accounts for 2024. In 2024, the company reported revenue of USD 176,227,000 and a net result of USD -428,000 compared with USD -1,991,000 the year before. That is a decrease of 9.8% compared with the year before. The profit margin was -0.2%. Equity in the 2024 report amounted to USD 22,657,000. The solvency ratio was 48.9%. The company had 14 employees in the financial year.

Revenue
USD 176,227,000
Gross Profit
USD 1,455,000
Profit/Loss
USD -428,000
Equity
USD 22,657,000
Total Assets
USD 46,364,000
Employees
14

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2024176.2M USD1.5M USD-428K USD22.7M USD14
2023195.3M USD2.6M USD-2M USD33.1M USD14
2022366.6M USD11.6M USD8.4M USD35.1M USD14
2021465.8M USD13.1M USD9M USD27.7M USD15
2020236.6M USD6.2M USD3M USD17.8M USD12

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Events in 2024

Pangaea Logistics Solutions Denmark A/S: The 2023 annual report is outMay 28, 2024

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.

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.

Source: annual report 2025, Danish Business Authority