ULTRABULK A/S: Financial statements 2020
CVR: 38283715
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
ULTRABULK A/S (CVR 38283715) has filed annual accounts for 2020. In 2020, the company reported revenue of USD 900,043,000 and a net result of USD -16,257,000 compared with USD 13,159,000 the year before. That is a decrease of 10.5% compared with the year before. The profit margin was -1.8%. Equity in the 2020 report amounted to USD 135,322,000. The solvency ratio was 23%.
- Revenue
- USD 900,043,000
- Profit/Loss
- USD -16,257,000
- Equity
- USD 135,322,000
- Total Assets
- USD 588,663,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 900 mio. USD | - | -16.3 mio. USD | 135.3 mio. USD | - |
| 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 | - |
Official annual report
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Read about the CDS scoreEvents in 2020
As of June 17, 2020, Raimundo Sanchez Hanisch has joined the board of directors of ULTRABULK A/S.
As of June 17, 2020, Enrique Reinaldo Ide Valenzuela has left the board of directors of ULTRABULK A/S.
ULTRABULK A/S has published its annual report for 2019. Revenue came to DKK 1,005,634,000, and the net result was DKK 13,159,000.
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.