Genco Shipping A/S: Financial statements 2020
CVR: 39446502
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Genco Shipping A/S (CVR 39446502) has filed annual accounts for 2020. In 2020, the company reported a gross profit of USD 2,826,000 and a net result of USD 1,620,000 compared with USD 588,000 the year before. That is an increase of 123% compared with the year before. Equity in the 2020 report amounted to USD 2,470,000. The solvency ratio was 47.4%. The company had 3 employees in the financial year.
- Gross Profit
- USD 2,826,000
- Profit/Loss
- USD 1,620,000
- Equity
- USD 2,470,000
- Total Assets
- USD 5,214,000
- Employees
- 3
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 2.8 mio. USD | 1.6 mio. USD | 2.5 mio. USD | 3 |
| 2019 | - | 1.3 mio. USD | 588 t. USD | 850 t. USD | 2 |
Official annual report
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Genco Shipping A/S has published its annual report for 2019. Gross profit came to DKK 1,267,000, and the net result was DKK 588,000.
As of March 19, 2020, Jesper Christensen is registered as director of Genco Shipping A/S.
As of March 19, 2020, Sune Linné Fladberg Nielsen has stepped down as director of Genco Shipping A/S.
About Genco Shipping A/S
Genco Shipping A/S is a Danish company of the type Aktieselskab based in Nordhavn, founded in 2018. The company is registered under the industry Andre støtteaktiviteter i forbindelse med transport. The management consists of Jesper Christensen. The board consists of John Chambers Wobensmith (chair), Jesper Christensen and Peter George Allen. The company is owned by Genco Shipping Pte. Ltd.. The company has 5 employees (2026). In 2025, the company reported a gross profit of USD 2,067,000 and a net result of USD 143,000 compared with USD 19,000 the year before. Equity in the 2025 report amounted to USD 2,523,000.