Genco Shipping A/S

Public limited companyCVR 39446502NordhavnActive

Genco Shipping A/S is a public limited company, based in Nordhavn, active in other transportation support activities, founded in 2018. Net profit rose 653% from 2024 to 2025, ending at DKK 143k.

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Key figures · financial year 2025

Gross profitDKK 2.1m−1.5% vs. 2024
Net profitDKK 143k+652.6% vs. 2024
EquityDKK 2.5m+6% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 1% (2024 → 2025), to DKK 2.1m.
  • Net profit rose 653% (2024 → 2025), to DKK 143k.
  • Equity rose 6% (2024 → 2025), to DKK 2.5m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Other transportation support activities (522600)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
EquityNet profit
Financial figures for Genco Shipping A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,8265946,7841,8662,0982,067−1.5%
Operating profit (EBIT)2,097−3685,588708153273+78.4%
Profit before tax2,100−4375,670929163329+101.8%
Net profit1,620−4394,46172419143+652.6%
Total assets5,2145,95013,5073,0472,9572,961+0.1%
Equity2,4702,0316,4922,3612,3802,523+6%
Liabilities2,7443,9197,015686577438−24.1%
Cash and cash equivalents3,5631,0279,9171,9552,2922,129−7.1%
Average number of employees3455550%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (372 companies)

Annual reports

6 financial years
Annual reports for Genco Shipping A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202506/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202221/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
01234508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

372 companies in the database

Comparison with the other companies in other transportation support activities based on the latest financial year.

Gross profitDKK 2.1mNo. 282 of 371
Better than 24% of the companies in the industry
EquityDKK 2.5mNo. 211 of 372
Better than 43% of the companies in the industry
Number of employees5No. 211 of 372
Better than 43% of the companies in the industry

Industry median: gross profit DKK 6.2m, net profit DKK 653k, equity DKK 3.3m, 7 employees.

DKK 100kDKK 1mDKK 10.8mDKK 112.4mDKK 535.4mHere
Distribution of gross profit for 356 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 30,279of 69,742
Better than 57%
No. 21,414of 69,964
Better than 69%
Same industry and fewer than 20 employees264 companies in the comparison
No. 182of 264
Better than 31%
No. 124of 264
Better than 53%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 16,609of 33,588
Better than 51%
No. 9,415of 33,687
Better than 72%
All companies of type A/S18,025 companies in the comparison
No. 14,597of 17,786
Better than 18%
No. 13,876of 18,024
Better than 23%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Other transportation support activities
Gross profit
  1. Genco Shipping A/SDKK 2.1m
  2. DSV Road A/SDKK 1.2bn
  3. Scan Global Logistics A/SDKK 829.9m
Net profit
  1. Genco Shipping A/SDKK 143k
  2. DSV Road A/S−DKK 894k
  3. Scan Global Logistics A/SDKK 112m
Equity
  1. Genco Shipping A/SDKK 2.5m
  2. DSV Road A/SDKK 403.4m
  3. Scan Global Logistics A/SDKK 2.4bn
Employees
  1. Genco Shipping A/S5
  2. DSV Road A/S1,644
  3. Scan Global Logistics A/S551

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Genco Shipping Pte. Ltd.100%
Genco Shipping A/S

Management

4 active registrations

Executive management

Executive management at Genco Shipping A/S
NameRoleAppointed
Jesper ChristensenDirector19/03/2020

Board of directors

Board of directors at Genco Shipping A/S
NameRoleAppointed
Jesper ChristensenBoard member28/03/2018
John Chambers WobensmithChair of the board28/03/2018
Peter George AllenBoard member02/06/2023
Founders
Genco Shipping Pte. Ltd.
Former management (3)
Former management at Genco Shipping A/S
NameRoleAppointedResigned
Jesper ChristensenDirector28/03/201801/05/2018
Apostolos ZafoliasBoard member28/03/201802/06/2023
Sune Linné Fladberg NielsenDirector01/05/201819/03/2020

Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening eller af et bestyrelsesmedlem i forening med en direktør.

Address and production units

1 active production units

Orient Plads 1B
2150 Nordhavn

København Municipality · Postcode 2150

Production units
Production unitAddressEmployeesP number
Genco Shipping A/SOrient Plads 1B, 2150 Nordhavn51023477374

Purpose

Selskabets formål er at drive skibsfart, befragtning og anden transportvirksomhed samt at drive sådan anden virksomhed, som efter bestyrelsens skøn står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

22 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Other transportation support activities (522600)
20241 changeaccounts 1
  • Annual report for 2023 published
20234 changesaccounts 1 · management 2 · address 1
  • Annual report for 2022 published
  • Peter George Allen appointed board member
  • Apostolos Zafolias stepped down as board member
  • Moved to Orient Plads 1B, 2150 Nordhavn
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20202 changesmanagement 2
  • Jesper Christensen appointed director
  • Sune Linné Fladberg Nielsen stepped down as director
20191 changeaddress 1
  • Moved to Sundkrogskaj 16, 2100 København Ø
20189 changesaddress 1 · management 6 · founded 1 · ownership 1
  • Moved to Tuborg Havnevej 18, 1, 2900 Hellerup
  • Sune Linné Fladberg Nielsen appointed director
  • Jesper Christensen stepped down as director
  • Registered as Genco Shipping A/S
  • John Chambers Wobensmith appointed chair of the board
  • Jesper Christensen appointed board member
  • Apostolos Zafolias appointed board member
  • Jesper Christensen appointed director
  • Genco Shipping Pte. Ltd. registered as owner (100%)

Related companies

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction