ULTRABULK A/S: Financial statements 2019
CVR: 38283715
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
ULTRABULK A/S (CVR 38283715) has filed annual accounts for 2019. In 2019, the company reported revenue of USD 1,005,634,000 and a net result of USD 13,159,000 compared with USD 15,525,000 the year before. That is a decrease of 5.1% compared with the year before. The profit margin was 1.3%. Equity in the 2019 report amounted to USD 158,165,000. The solvency ratio was 23.9%.
- Revenue
- USD 1,005,634,000
- Profit/Loss
- USD 13,159,000
- Equity
- USD 158,165,000
- Total Assets
- USD 661,353,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 1 mia. USD | - | 13.2 mio. USD | 158.2 mio. USD | - |
| 2018 | 1.1 mia. USD | - | 15.5 mio. USD | 159.9 mio. USD | - |
| 2017 | - | - | -2.4 mio. USD | 148.9 mio. USD | - |
| 2016 | - | - | 2.6 mio. USD | 149.2 mio. USD | - |
| 2015 | 464.3 mio. USD | - | -12.3 mio. USD | 6 mio. USD | 26 |
Official annual report
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ULTRABULK A/S has published its annual report for 2018. Revenue came to DKK 1,060,090,000, and the net result was DKK 15,525,000.
About ULTRABULK A/S
ULTRABULK A/S is a Danish company of the type Aktieselskab based in Gentofte, founded in 1981. The company is registered under the industry Sø- og kysttransport af gods. The company was previously named U-SEA BULK A/S and EITZEN BULK A/S. The management consists of Hans-Christian Olesen, Klaus Munk Andersen and Oskar Thomas Fabricius. The board consists of Per Albert Karl von Appen Burose (chair), Enrique Reinaldo Ide Valenzuela and Peter Stokes. The company is owned by Ultranav ApS. The company has 92 employees (2026). In 2025, the company reported revenue of USD 1,594,699,000 and a net result of USD -47,969,000 compared with USD 14,977,000 the year before. Equity in the 2025 report amounted to USD 141,876,000.