Genco Shipping A/S: Financial statements 2021
CVR: 39446502
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Genco Shipping A/S (CVR 39446502) has filed annual accounts for 2021. In 2021, the company reported a gross profit of USD 594,000 and a net result of USD -439,000 compared with USD 1,620,000 the year before. That is a decrease of 79% compared with the year before. Equity in the 2021 report amounted to USD 2,031,000. The solvency ratio was 34.1%. The company had 4 employees in the financial year.
- Gross Profit
- USD 594,000
- Profit/Loss
- USD -439,000
- Equity
- USD 2,031,000
- Total Assets
- USD 5,950,000
- Employees
- 4
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 594K USD | -439K USD | 2M USD | 4 |
| 2020 | - | 2.8M USD | 1.6M USD | 2.5M USD | 3 |
| 2019 | - | 1.3M USD | 588K USD | 850K USD | 2 |
Official annual report
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Genco Shipping A/S has published its annual report for 2020. Gross profit came to DKK 2,826,000, and the net result was DKK 1,620,000.
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.