Genco Shipping A/S

CVR 39446502 · Public limited company (A/S) · Active · Low risk

Genco Shipping A/S is a Public limited company (A/S), founded on , based in Nordhavn. The company is registered in the industry andre støtteaktiviteter i forbindelse med transport. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 8 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.5m and a net result of DKK 143k. CEO: Jesper Christensen.

Bankruptcy risk for Genco Shipping A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
39446502
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Orient Plads 1B
2150 Nordhavn
Municipality
København
Industry
Andre støtteaktiviteter i forbindelse med transport (522600)
Bankruptcies in the industry: Speditører
Share capital
DKK 500k
Employees
2 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityNo
Equity ratio85.2%
Current ratio674%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address38
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.1mDKK 2.1mDKK 1.9m
Net profitDKK 143kDKK 19kDKK 724k
EquityDKK 2.5mDKK 2.4mDKK 2.4m
Total assetsDKK 3.0mDKK 3.0mDKK 3.0m
CashDKK 2.1mDKK 2.3m–
Short-term debtDKK 438kDKK 577k–
Tax owedDKK 0DKK 101k–
Avg. employees55–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019184 Late
28 Mar 2018 – 31 Dec 2018140

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
CEOJesper ChristensenCurrent
CEOJesper Christensen
CEOSune Linné Fladberg Nielsen
BoardJesper ChristensenCurrent
BoardJohn Chambers WobensmithCurrent
BoardPeter George AllenCurrent
BoardApostolos Zafolias
Owner (100%)Genco Shipping Pte. Ltd.Current
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderGenco Shipping Pte. Ltd.Current

The CEOs' other companies

Sune Linné Fladberg Nielsen – 2 other companies

Address history (3 moves)

Orient Plads 1B, 2150 Nordhavn
Sundkrogskaj 16, 2100 København Ø
Tuborg Havnevej 18, 1., 2900 Hellerup
c/o Harbour House, Sundkrogsgade 21, 2100 København Ø

Employees per year

Number of employees at Genco Shipping A/S per year122018: 22018

Other companies at the same address

Similar companies in København

Questions and answers about Genco Shipping A/S

Has Genco Shipping A/S gone bankrupt?

No, Genco Shipping A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Genco Shipping A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Genco Shipping A/S?

Jesper Christensen is the CEO of Genco Shipping A/S.

Who is the auditor of Genco Shipping A/S?

Genco Shipping A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Genco Shipping A/S founded?

Genco Shipping A/S was founded on 28 March 2018.

What is the equity of Genco Shipping A/S?

Equity was DKK 2.5m 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.