Pangaea Logistics Solutions Denmark A/S: Financial statements 2025
CVR: 32081487
Source: annual report 2025, Danish Business Authority
01/01/2025 – 31/12/2025
Pangaea Logistics Solutions Denmark A/S (CVR 32081487) has filed annual accounts for 2025. 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. That is a decrease of 2.4% compared with the year before. The profit margin was -4.2%. Equity in the 2025 report amounted to USD 15,517,000. The solvency ratio was 37%. The company had 15 employees in the financial year.
- Revenue
- USD 172,003,000
- Gross Profit
- USD -3,038,000
- Profit/Loss
- USD -7,140,000
- Equity
- USD 15,517,000
- Total Assets
- USD 41,950,000
- Employees
- 15
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | 172M USD | -3M USD | -7.1M USD | 15.5M USD | 15 |
| 2024 | 176.2M USD | 1.5M USD | -428K USD | 22.7M USD | 14 |
| 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 |
Official annual report
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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.
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.