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ULTRABULK A/S: Financial statements 2023

CVR: 38283715

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

ULTRABULK A/S (CVR 38283715) has filed annual accounts for 2023. In 2023, the company reported revenue of USD 1,481,359,000 and a net result of USD 53,346,000 compared with USD 171,595,000 the year before. That is a decrease of 30.9% compared with the year before. The profit margin was 3.6%. Equity in the 2023 report amounted to USD 213,911,000. The solvency ratio was 39.5%. The company had 155 employees in the financial year.

Revenue
USD 1,481,359,000
Gross Profit
USD 176,684,000
Profit/Loss
USD 53,346,000
Equity
USD 213,911,000
Total Assets
USD 542,105,000
Employees
155

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20231.5 mia. USD176.7 mio. USD53.3 mio. USD213.9 mio. USD155
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-

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Events in 2023

ULTRABULK A/S: The 2022 annual report is outMar 14, 2023

ULTRABULK A/S has published its annual report for 2022. Revenue came to DKK 2,143,813,000, and the net result was DKK 171,595,000.

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.

Source: annual report 2025, Danish Business Authority