XO SHIPPING A/S: Financial statements 2017
CVR: 33080212
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
XO SHIPPING A/S (CVR 33080212) has filed annual accounts for 2017. In 2017, the company reported revenue of USD 115,968,656 and a net result of USD 4,235,973 compared with USD -2,935,326 the year before. That is an increase of 20.4% compared with the year before. The profit margin was 3.7%. Equity in the 2017 report amounted to USD 1,387,167. The solvency ratio was 5.7%. The company had 14 employees in the financial year.
- Revenue
- USD 115,968,656
- Gross Profit
- USD 7,728,084
- Profit/Loss
- USD 4,235,973
- Equity
- USD 1,387,167
- Total Assets
- USD 24,403,790
- Employees
- 14
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | 116M USD | 7.7M USD | 4.2M USD | 1.4M USD | 14 |
| 2016 | 96.3M USD | -1.8M USD | -2.9M USD | -2.8M USD | 11 |
| 2015 | 95.2M USD | 6.6M USD | 4.1M USD | 4.2M USD | 14 |
| 2014 | 96.2M USD | 5.6M USD | 2.9M USD | 3M USD | 6 |
| 2013 | 56.9M | 3.9M | 2.5M | 2.6M | 8 |
Official annual report
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Set up monitoringEvents in 2017
XO SHIPPING A/S has published its annual report for 2016. Revenue came to DKK 96,341,469, and the net result was DKK -2,935,326.
As of April 11, 2017, Ejner Kiel Bonderup has joined the board of directors of XO SHIPPING A/S.
As of April 11, 2017, Kim Holberg Pihl has left the board of directors of XO SHIPPING A/S.
As of April 11, 2017, Kim Holberg Pihl is registered as director of XO SHIPPING A/S.
As of January 10, 2017, Ejner Kiel Bonderup is registered as adm. dir. of XO SHIPPING A/S.
As of January 10, 2017, Kim Holberg Pihl has stepped down as adm. dir. of XO SHIPPING A/S.
About XO SHIPPING A/S
XO SHIPPING A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 2010. The company is registered under the industry Sø- og kysttransport af gods. The management consists of Sinan Utlu. The board consists of Kent Hedegaard (chair), Mikkel Rabjerg, Morten Vesth and Nicolai Stehn Kohls. The company's owners include INDIGO SHIPPING A/S, InVesth ApS and Linika Invest ApS. The company has 27 employees (2026). In 2025, the company reported revenue of USD 378,911,064 and a net result of USD -5,650,592 compared with USD -1,069,139 the year before. Equity in the 2025 report amounted to USD 33,995,909.