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Pangaea Logistics Solutions Denmark A/S

Public limited companyCVR 32081487HellerupActive

Pangaea Logistics Solutions Denmark A/S is a public limited company, based in Hellerup, active in other transportation support activities, founded in 2009. The company made a loss in both 2024 and 2025, most recently DKK 7.1m. Equity fell to DKK 15.5m in 2025.

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Key figures · financial year 2025

RevenueDKK 172m−2.4% vs. 2024
Net profit−DKK 7.1m−1,568.2% vs. 2024
EquityDKK 15.5m−31.5% vs. 2024
Employees20latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 309% (2024 → 2025), to −DKK 3m.
  • Revenue fell 2% (2024 → 2025), to DKK 172m.
  • The loss grew: from DKK 428k to DKK 7.1m (2024 → 2025).
  • Equity fell 32% (2024 → 2025), to DKK 15.5m.

Employees

  • 2 more employees than a year earlier: 20 (08/2026) against 18 (08/2025).

Management and owners, last 24 months

  • New in management: Carsten Andersen (board member, 13/01/2026).
  • Stepped down: Mark Lewis Filanowski (board member, 13/01/2026).

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 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for Pangaea Logistics Solutions Denmark A/S
202020212022202320242025Change
Revenue236,591465,752366,598195,306176,227172,003−2.4%
Gross profit6,21013,06811,6322,5571,455−3,038−308.8%
Operating profit (EBIT)3,6209,5438,687−904−1,858−6,774−264.6%
Profit before tax3,6049,6048,868−1,574−39−6,776−17,274.4%
Net profit3,0428,9998,425−1,991−428−7,140−1,568.2%
Total assets35,08776,00163,60251,79346,36441,950−9.5%
Equity17,83827,70935,07633,08522,65715,517−31.5%
Liabilities17,24948,29228,52618,70823,70726,433+11.5%
Cash and cash equivalents10,9009,14724,75124,12913,56216,584+22.3%
Average number of employees121514141415+7.1%

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.

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

−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
Gross profitMedian, the industry (372 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 32% from 2024 to 2025 (DKK 22.7m to DKK 15.5m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Pangaea Logistics Solutions Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202404/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202106/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/04/2021The 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
0510152009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 profit−DKK 3mNo. 366 of 371
Better than 1% of the companies in the industry
EquityDKK 15.5mNo. 85 of 372
Better than 77% of the companies in the industry
Number of employees20No. 107 of 372
Better than 71% 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 535.4m
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 20–49 employees9,922 companies in the comparison
No. 9,798of 9,892
Better than 1%
No. 2,167of 9,922
Better than 78%
Same industry and 20–49 employees58 companies in the comparison
No. 56of 58
Better than 4%
No. 25of 58
Better than 58%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 24,676of 24,791
Better than 0%
No. 5,171of 24,909
Better than 79%
All companies of type A/S18,025 companies in the comparison
No. 17,590of 17,786
Better than 1%
No. 7,100of 18,024
Better than 61%

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. Pangaea Logistics Solutions Denmark A/S−DKK 3m
  2. DSV Road A/SDKK 1.2bn
  3. Scan Global Logistics A/SDKK 829.9m
Net profit
  1. Pangaea Logistics Solutions Denmark A/S−DKK 7.1m
  2. DSV Road A/S−DKK 894k
  3. Scan Global Logistics A/SDKK 112m
Equity
  1. Pangaea Logistics Solutions Denmark A/SDKK 15.5m
  2. DSV Road A/SDKK 403.4m
  3. Scan Global Logistics A/SDKK 2.4bn
Employees
  1. Pangaea Logistics Solutions Denmark A/S20
  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
  • N.B.V. Nordic Bulk Ventures (Cyprus) Ltd.100%
Pangaea Logistics Solutions Denmark A/S

Management

4 active registrations

Executive management

Executive management at Pangaea Logistics Solutions Denmark A/S
NameRoleAppointed
Carsten AndersenDirector01/10/2022

Board of directors

Board of directors at Pangaea Logistics Solutions Denmark A/S
NameRoleAppointed
Gianni Vincenzo Del SignoreBoard member19/05/2017
Mads Rosenberg Boye PetersenChair of the board01/12/2022
Carsten AndersenBoard member13/01/2026
Founders
Nordic Bulk Holding ApS
Former management (10)
Former management at Pangaea Logistics Solutions Denmark A/S
NameRoleAppointedResigned
Christian BonfilsBoard member13/03/200919/05/2015
Mads Rosenberg Boye PetersenBoard member13/03/200930/11/2022
Mads Rosenberg Boye PetersenDirector13/03/200901/10/2022
Christian BonfilsDirector16/09/200920/02/2015
Anthony LauraBoard member16/09/200919/05/2017
Carl Claus BøggildBoard member04/04/201319/05/2017
Edward CollChair of the board04/04/201314/12/2021
Mark Lewis FilanowskiBoard member19/05/201714/12/2021
Mark Lewis FilanowskiChair of the board15/12/202130/11/2022
Mark Lewis FilanowskiBoard member01/12/202213/01/2026

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af ét bestyrelsesmedlem i forening med en direktør eller af den samlede bestyrelse

Address and production units

1 active production units

Tuborg Havnevej 4
2900 Hellerup

Gentofte Municipality · Postcode 2900

Production units
Production unitAddressEmployeesP number
Pangaea Logistics Solutions Denmark A/STuborg Havnevej 4-8, 1, 2900 Hellerup201015155112

Purpose

Selskabets formål er direkte eller indirekte at drive shippingvirksomhed samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

42 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Carsten Andersen appointed board member
  • Mark Lewis Filanowski stepped down as board member
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
20232 changesname 1 · accounts 1
  • Name changed from NORDIC BULK CARRIERS A/S to Pangaea Logistics Solutions Denmark A/S
  • Annual report for 2022 published
20227 changesmanagement 6 · accounts 1
  • Mads Rosenberg Boye Petersen appointed chair of the board
  • Mark Lewis Filanowski appointed board member
  • Mark Lewis Filanowski stepped down as chair of the board
  • Mads Rosenberg Boye Petersen stepped down as board member
  • Carsten Andersen appointed director
  • Mads Rosenberg Boye Petersen stepped down as director
  • Annual report for 2021 published
20214 changesmanagement 3 · accounts 1
  • Mark Lewis Filanowski appointed chair of the board
  • Mark Lewis Filanowski stepped down as board member
  • Edward Coll stepped down as chair of the board
  • Annual report for 2020 published
20176 changesmanagement 4 · ownership 2
  • Mark Lewis Filanowski appointed board member
  • Gianni Vincenzo Del Signore appointed board member
  • Carl Claus Bøggild stepped down as board member
  • Anthony Laura stepped down as board member
  • N.B.V. Nordic Bulk Ventures (Cyprus) Ltd. registered as owner (100%)
  • N.B.V. Nordic Bulk Ventures (Cyprus) Ltd. is no longer registered as owner
20155 changescapital 1 · management 2 · ownership 2
  • Share capital changed from 500,000 DKK to 27,186,800 DKK
  • Christian Bonfils stepped down as board member
  • N.B.V. Nordic Bulk Ventures (Cyprus) Ltd. registered as owner (90%)
  • NORDIC BULK HOLDING ApS is no longer registered as owner
  • Christian Bonfils stepped down as director
20133 changesaddress 1 · management 2
  • Moved to Tuborg Havnevej 4-8, 1, 2900 Hellerup
  • Edward Coll appointed chair of the board
  • Carl Claus Bøggild appointed board member
20099 changesaddress 1 · management 5 · industry 1 · ownership 1 · founded 1
  • Moved to Tuborg Havnevej 19, 2900 Hellerup
  • Christian Bonfils appointed director
  • Anthony Laura appointed board member
  • Industry changed to Speditører (522920)
  • NORDIC BULK HOLDING ApS registered as owner (100%)
  • Registered as NORDIC BULK CARRIERS A/S
  • Mads Rosenberg Boye Petersen appointed board member
  • Christian Bonfils appointed board member
  • Mads Rosenberg Boye Petersen appointed director

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