Pangaea Logistics Solutions Denmark A/S

CVR 32081487 · Public limited company (A/S) · Active · Low risk

Pangaea Logistics Solutions Denmark A/S is a Public limited company (A/S), founded on , based in Hellerup. The company is registered in the industry andre støtteaktiviteter i forbindelse med transport. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 17 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 15.5m and a net result of DKK -7.1m. CEO: Carsten Andersen.

Bankruptcy risk for Pangaea Logistics Solutions Denmark A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
32081487
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
Tuborg Havnevej 4, 1.
2900 Hellerup
Municipality
Gentofte
Industry
Andre støtteaktiviteter i forbindelse med transport (522600)
Bankruptcies in the industry: Speditører
Share capital
DKK 27.2m
Employees
10 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 17
Missing annual reportNo
Negative equityNo
Equity ratio37.0%
Current ratio156%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 172.0mDKK 176.2mDKK 195.3m
Gross profitDKK -3.0mDKK 1.5mDKK 2.6m
Net profitDKK -7.1mDKK -428kDKK -2.0m
EquityDKK 15.5mDKK 22.7mDKK 33.1m
Total assetsDKK 42.0mDKK 46.4mDKK 51.8m
CashDKK 16.6mDKK 13.6m–
Short-term debtDKK 26.4mDKK 23.7m–
Tax owed–DKK 0–
Avg. employees1514–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025196 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021126
1 Jan 2020 – 31 Dec 202097
1 Jan 2019 – 31 Dec 2019125
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014160
1 Jan 2013 – 31 Dec 2013159
1 Jan 2012 – 31 Dec 2012161
1 Jan 2011 – 31 Dec 2011158
1 Jan 2010 – 31 Dec 2010143
13 Mar 2009 – 31 Dec 2009167

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOCarsten AndersenCurrent
CEOMads Rosenberg Boye Petersen
CEOChristian Bonfils
BoardGianni Vincenzo Del SignoreCurrent
BoardMads Rosenberg Boye PetersenCurrent
BoardCarsten AndersenCurrent
BoardChristian Bonfils
BoardMads Rosenberg Boye Petersen
BoardAnthony Laura
BoardCarl Claus Bøggild
BoardEdward Coll
BoardMark Lewis Filanowski
BoardMark Lewis Filanowski
BoardMark Lewis Filanowski
Owner (100%)N.B.V. Nordic Bulk Ventures (Cyprus) Ltd.Current
Owner (100%)NORDIC BULK HOLDING ApS
Owner (90%)N.B.V. Nordic Bulk Ventures (Cyprus) Ltd.
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderNORDIC BULK HOLDING ApSCurrent

The CEOs' other companies

Carsten Andersen – 1 other companies

Mads Rosenberg Boye Petersen – 5 other companies

Christian Bonfils – 10 other companies

Address history (2 moves)

Tuborg Havnevej 4, 1., 2900 Hellerup
Tuborg Havnevej 19, 2900 Hellerup
Strandvejen 100, 1., 2900 Hellerup

Former names

Pangaea Logistics Solutions Denmark A/S – now
NORDIC BULK CARRIERS A/S –

Employees per year

Number of employees at Pangaea Logistics Solutions Denmark A/S per year8152011: 1120112012: 1220122013: 1320132014: 1520142015: 920152016: 920162017: 1120172018: 102018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Pangaea Logistics Solutions Denmark A/S

Has Pangaea Logistics Solutions Denmark A/S gone bankrupt?

No, Pangaea Logistics Solutions Denmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Pangaea Logistics Solutions Denmark A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Pangaea Logistics Solutions Denmark A/S?

Carsten Andersen is the CEO of Pangaea Logistics Solutions Denmark A/S.

Who is the auditor of Pangaea Logistics Solutions Denmark A/S?

Pangaea Logistics Solutions Denmark A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Pangaea Logistics Solutions Denmark A/S founded?

Pangaea Logistics Solutions Denmark A/S was founded on 13 March 2009.

What is the equity of Pangaea Logistics Solutions Denmark A/S?

Equity was DKK 15.5m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.