BALTIC SHIPPING COMPANY A/S

CVR 81445710 · Public limited company (A/S) · Active · Low risk

BALTIC SHIPPING COMPANY A/S is a Public limited company (A/S), founded on , based in Hillerød. The company is registered in the industry sø- og kysttransport af gods. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 115.8m and a net result of DKK 66.1m. CEO: Peter Ronnie Hulstrøm.

Bankruptcy risk for BALTIC SHIPPING COMPANY A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Reporting classReporting class C, medium-size enterprise · bankruptcy rate 0.8%0.09×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
81445710
Status
Active
Company type
Public limited company (A/S)
Founded
(49 years)
Address
Frederiksbro Torv 4, 1. th
3400 Hillerød
Municipality
Hillerød
Industry
Sø- og kysttransport af gods (502000)
Bankruptcies in the industry: Speditører
Share capital
DKK 700k
Employees
33 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio33.5%
Current ratio128%
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 197.7mDKK 190.1mDKK 179.7m
Gross profitDKK 109.9mDKK 106.9mDKK 107.2m
Net profitDKK 66.1mDKK 59.4mDKK 149.0m
EquityDKK 115.8mDKK 62.0mDKK 150.0m
Total assetsDKK 345.6mDKK 416.2mDKK 305.2m
CashDKK 30.5mDKK 21.7m–
Short-term debtDKK 221.9mDKK 344.8m–
Tax owedDKK 5.3m––
Avg. employees5757–

Latest annual report: Reporting class C, medium-size enterprise · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023115
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 202189
1 Jan 2020 – 31 Dec 202096
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018101
1 Jan 2017 – 31 Dec 201799
1 Jan 2016 – 31 Dec 2016135
1 Jan 2015 – 31 Dec 201567
1 Jan 2014 – 31 Dec 201451
1 Jan 2013 – 31 Dec 2013161
1 Jan 2012 – 31 Dec 2012136
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 2010108
1 Jan 2009 – 31 Dec 2009124
1 Jan 2008 – 31 Dec 200891
1 Jan 2007 – 31 Dec 2007115
1 Jan 2006 – 31 Dec 2006102

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
CEOPeter Ronnie HulstrømCurrent
CEONiels Ove Wraae Folting
CEOMogens Michaelsen
CEOPeter Aarosin
BoardPeter Ronnie HulstrømCurrent
BoardMikkel SchmidtCurrent
BoardThomas Holst OlsenCurrent
BoardClaus Korsgaard Knudsen
BoardMogens Michaelsen
BoardGünter Apel
BoardPaul Pierre Peronard
BoardPeter Aarosin
BoardBernhard Brüggemann
BoardDieter Schmidt
BoardJean Roberg Tonneau
BoardFriedhelm Junk
BoardAuzeau
BoardGunter Krohn
BoardKlaus-Peter Schmidt
BoardHelmut Botemann
BoardThomas Maassen
BoardMogens Bacci Hartz
BoardThomas Holst Olsen
BoardChristian Aarosin
BoardPeter Aarosin
BoardFrederik Christian Rye Lytzen
Owner (100%)BALTIC HOLDING HUNDESTED ApSCurrent
Owner (100%)BALTIC HOLDING HUNDESTED ApS
Owner (90%)BALTIC HOLDING HUNDESTED ApS
Owner (5%)Lytzen Holding ApS
Owner (10%)Lytzen Holding ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorTA P/S
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab

The CEOs' other companies

Peter Ronnie Hulstrøm – 17 other companies

Niels Ove Wraae Folting – 2 other companies

Mogens Michaelsen – 1 other companies

Peter Aarosin – 3 other companies

Address history (3 moves)

Frederiksbro Torv 4, 1. th, 3400 Hillerød
Ved Isefjorden 24, 3390 Hundested
Færgevejen 2A, 3390 Hundested
Hans Edvard Teglers Vej 3, 2920 Charlottenlund

Employees per year

Number of employees at BALTIC SHIPPING COMPANY A/S per year17332011: 520112012: 420122013: 720132014: 720142015: 1120152016: 1620162017: 2320172018: 332018

Other companies at the same address

Similar companies in Hillerød

Questions and answers about BALTIC SHIPPING COMPANY A/S

Has BALTIC SHIPPING COMPANY A/S gone bankrupt?

No, BALTIC SHIPPING COMPANY A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BALTIC SHIPPING COMPANY A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of BALTIC SHIPPING COMPANY A/S?

Peter Ronnie Hulstrøm is the CEO of BALTIC SHIPPING COMPANY A/S.

Who is the auditor of BALTIC SHIPPING COMPANY A/S?

BALTIC SHIPPING COMPANY A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was BALTIC SHIPPING COMPANY A/S founded?

BALTIC SHIPPING COMPANY A/S was founded on 2 July 1977.

What is the equity of BALTIC SHIPPING COMPANY A/S?

Equity was DKK 115.8m 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.