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ULTRABULK A/S: Financial statements 2022

CVR: 38283715

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

ULTRABULK A/S (CVR 38283715) has filed annual accounts for 2022. In 2022, the company reported revenue of USD 2,143,813,000 and a net result of USD 171,595,000 compared with USD 74,997,000 the year before. That is an increase of 21.6% compared with the year before. The profit margin was 8%. Equity in the 2022 report amounted to USD 345,101,000. The solvency ratio was 45.8%.

Revenue
USD 2,143,813,000
Gross Profit
USD 304,018,000
Profit/Loss
USD 171,595,000
Equity
USD 345,101,000
Total Assets
USD 753,845,000

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20222.1 mia. USD304 mio. USD171.6 mio. USD345.1 mio. USD-
20211.8 mia. USD-75 mio. USD200.5 mio. USD-
2020900 mio. USD--16.3 mio. USD135.3 mio. USD-
20191 mia. USD-13.2 mio. USD158.2 mio. USD-
20181.1 mia. USD-15.5 mio. USD159.9 mio. USD-

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Events in 2022

ULTRABULK A/S appoints new auditorAug 25, 2022

As of August 25, 2022, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of ULTRABULK A/S.

Auditor steps down at ULTRABULK A/SAug 25, 2022

As of August 25, 2022, EY Godkendt Revisionspartnerselskab has stepped down as auditor of ULTRABULK A/S.

Klaus Munk Andersen joins ULTRABULK A/S as directorJul 28, 2022

As of July 28, 2022, Klaus Munk Andersen is registered as director of ULTRABULK A/S.

Francisco Esteban Larrain Echeverria steps down as director of ULTRABULK A/SJul 28, 2022

As of July 28, 2022, Francisco Esteban Larrain Echeverria has stepped down as director of ULTRABULK A/S.

Enrique Reinaldo Ide Valenzuela joins the board of ULTRABULK A/SApr 7, 2022

As of April 7, 2022, Enrique Reinaldo Ide Valenzuela has joined the board of directors of ULTRABULK A/S.

Dag Karl Albert Von Appen Burose leaves the board of ULTRABULK A/SApr 7, 2022

As of April 7, 2022, Dag Karl Albert Von Appen Burose has left the board of directors of ULTRABULK A/S.

Dag Karl Albert Von Appen Burose joins the board of ULTRABULK A/SMar 17, 2022

As of March 17, 2022, Dag Karl Albert Von Appen Burose has joined the board of directors of ULTRABULK A/S.

Per Albert Karl von Appen Burose joins the board of ULTRABULK A/SMar 17, 2022

As of March 17, 2022, Per Albert Karl von Appen Burose has joined the board of directors of ULTRABULK A/S.

Hans-Christian Olesen joins ULTRABULK A/S as adm. dir.Mar 17, 2022

As of March 17, 2022, Hans-Christian Olesen is registered as adm. dir. of ULTRABULK A/S.

Per Albert Karl von Appen Burose steps down as adm. dir. of ULTRABULK A/SMar 17, 2022

As of March 17, 2022, Per Albert Karl von Appen Burose has stepped down as adm. dir. of ULTRABULK A/S.

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.

Source: annual report 2025, Danish Business Authority