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Ultrabulk A/S

Public limited companyCVR 38283715GentofteActive

Ultrabulk A/S is a public limited company, based in Gentofte, active in sea and coastal freight water transport, founded in 1981. The company went from a profit in 2024 to a loss of DKK 48m in 2025. Measured by gross profit, it ranks no. 9 of 103 companies in the industry in the database. With 92 employees, the company is about 7 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 1.6bn−2.9% vs. 2024
Net profit−DKK 48m−420.3% vs. 2024
EquityDKK 141.9m−20.8% vs. 2024
Employees92latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 32% (2024 → 2025), to DKK 134.2m.
  • Revenue fell 3% (2024 → 2025), to DKK 1.6bn.
  • Net profit went from a profit of DKK 15m to a loss of DKK 48m (2024 → 2025).
  • Equity fell 21% (2024 → 2025), to DKK 141.9m.

Employees

  • 2 fewer employees than a year earlier: 92 (07/2026) against 94 (07/2025).

Management and owners, last 24 months

  • New owners registered: Ultranav ApS (01/06/2025).
  • No longer registered as owner: Ultranav International ApS (01/06/2025).

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 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300mDKK 350m202020212022202320242025
EquityNet profit
Financial figures for Ultrabulk A/S
202020212022202320242025Change
Revenue900,0431,762,8142,143,8131,481,3591,641,8151,594,699−2.9%
Gross profit––304,018176,684198,197134,160−32.3%
Operating profit (EBIT)––179,21053,76221,293−32,903−254.5%
Profit before tax−14,37176,660172,83457,02322,000−40,675−284.9%
Net profit−16,25774,997171,59553,34614,977−47,969−420.3%
Total assets588,663630,874753,845542,105527,961567,303+7.5%
Equity135,322200,451345,101213,911179,065141,876−20.8%
Liabilities453,341430,423408,744328,194348,896425,427+21.9%
Cash and cash equivalents76,74692,461304,084136,36981,807104,040+27.2%
Average number of employees9752143––––

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 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
Gross profitMedian, the industry (108 companies)

Annual reports

6 financial years
Annual reports for Ultrabulk A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202404/03/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202304/03/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202214/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/03/2021The 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
02040608010008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

108 companies in the database

Comparison with the other companies in sea and coastal freight water transport based on the latest financial year.

Gross profitDKK 134.2mNo. 9 of 103
Better than 92% of the companies in the industry
EquityDKK 141.9mNo. 18 of 108
Better than 84% of the companies in the industry
Number of employees92No. 17 of 108
Better than 85% of the companies in the industry

Industry median: gross profit DKK 5.1m, net profit DKK 919k, equity DKK 15.4m, 13 employees.

DKK 448kDKK 2.7mDKK 15.8mDKK 93.5mDKK 306.2mHere
Distribution of gross profit for 88 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 50–199 employees4,467 companies in the comparison
No. 381of 4,412
Better than 91%
No. 484of 4,466
Better than 89%
Same industry and 50–199 employees14 companies in the comparison
No. 3of 12
Better than 82%
No. 5of 14
Better than 69%
Companies that are at least 30 years old10,276 companies in the comparison
No. 650of 10,152
Better than 94%
No. 994of 10,275
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 1,184of 17,786
Better than 93%
No. 1,807of 18,024
Better than 90%

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

Sea and coastal freight water transport
Gross profit
  1. Ultrabulk A/SDKK 134.2m
  2. Unifeeder A/SDKK 554.1m
  3. Royal Arctic Line A/SDKK 512.4m
Net profit
  1. Ultrabulk A/S−DKK 48m
  2. Unifeeder A/SDKK 208.9m
  3. Royal Arctic Line A/SDKK 10.9m
Equity
  1. Ultrabulk A/SDKK 141.9m
  2. Unifeeder A/SDKK 2.5bn
  3. Royal Arctic Line A/SDKK 648.4m
Employees
  1. Ultrabulk A/S92
  2. Unifeeder A/S146
  3. Royal Arctic Line A/S40

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
  • Ultranav ApS100%
Ultrabulk A/S

Management

6 active registrations

Executive management

Executive management at Ultrabulk A/S
NameRoleAppointed
Oskar Thomas FabriciusDirector01/09/2021
Hans-Christian OlesenCEO17/03/2022
Klaus Munk AndersenDirector28/07/2022

Board of directors

Board of directors at Ultrabulk A/S
NameRoleAppointed
Peter StokesBoard member09/03/2017
Per Albert Karl von Appen BuroseChair of the board17/03/2022
Enrique Reinaldo Ide ValenzuelaBoard member07/04/2022
Former management (47)
Former management at Ultrabulk A/S
NameRoleAppointedResigned
Hans Henrik FischerDeputy chair03/03/198115/06/1990
Jan SelsmarkBoard member03/03/198102/08/1993
Jan SelsmarkDirector03/03/198102/08/1993
Erik Bøgh ChristensenBoard member03/03/198114/02/1996
Erik Bøgh ChristensenDirector03/03/198114/02/1996
Poul Christian Gowers LundDeputy chair03/03/198114/02/1996
Michael Betto Vibe FioriniChair of the board03/03/198114/02/1996
Karsten Stock AndresenDeputy chair03/03/198102/08/1993
Svend Aage Asger LarsenBoard member03/03/198115/06/1990
Svend Aage Asger LarsenDirector03/03/198115/06/1990
Jens-Erik HinnerskovBoard member03/03/198128/01/1994
Niels Toft StoringgaardBoard member03/03/198128/01/1994
Mogens Worre SørensenBoard member14/02/199631/05/2001
Mogens Worre SørensenDirector14/02/199601/01/2000
Niels Jørgen Nielsen LaustsenBoard member14/02/199628/12/2006
Ulf Terje HagenBoard member14/02/199631/03/1998
Jon Edvard SundnesBoard member27/12/200202/07/2003
Søren AndersenBoard member18/03/200302/07/2003
Bjarne TvildeBoard member02/07/200330/08/2004
Axel Camillo EitzenChair of the board02/07/200307/11/2008
Niels Jørgen Nielsen LaustsenCEO28/06/200428/12/2006
Snorre S. KrogstadBoard member28/06/200415/03/2010
Jens GrønningBoard member05/09/200528/12/2006
Steen LarsenBoard member05/09/200529/09/2009
Per LangeCEO28/12/200615/03/2010
Peter Ditlef KnudsenChair of the board07/11/200815/03/2010
Henrik Sleimann PetersenBoard member14/09/200909/03/2017
Per LangeChair of the board15/03/201009/03/2017
Bjarne Skov FaberBoard member15/03/201002/01/2014
Hans-Christian OlesenCEO15/03/201015/07/2015
Søren Morbitzer ChristoffersenBoard member02/01/201401/11/2016
Hans-Christian OlesenBoard member15/07/201509/03/2017
Klaus Munk AndersenBoard member15/07/201509/03/2017
Henrik Sleimann PetersenDirector16/07/201529/01/2018
Hans-Christian OlesenDirector16/07/201516/03/2022
Francisco Esteban Larrain EcheverriaBoard member01/11/201609/03/2017
Per LangeCEO09/03/201731/08/2021
Carsten HaagensenBoard member09/03/201709/01/2018
Francisco Esteban Larrain EcheverriaDirector09/03/201728/07/2022
Dag Karl Albert Von Appen BuroseChair of the board09/03/201716/03/2022
Enrique Reinaldo Ide ValenzuelaDeputy chair09/03/201717/06/2020
José Alberto Thomsen QueiroloBoard member09/03/201711/10/2017
Jan Vincent Vermeij ChamyBoard member09/01/201824/10/2024
Raimundo Sanchez HanischBoard member17/06/202011/05/2021
Per Albert Karl von Appen BuroseBoard member11/05/202116/03/2022
Per Albert Karl von Appen BuroseCEO01/09/202117/03/2022
Dag Karl Albert Von Appen BuroseBoard member17/03/202207/04/2022

Signing rule: Selskabet tegnes af den samlede bestyrelse, af 2 medlemmer af bestyrelsen i forening, af et medlem af bestyrelsen i forening med en direktør eller af 2 medlemmer af direktionen  i forening.

Address and production units

1 active production units

Smakkedalen 6
2820 Gentofte

Gentofte Municipality · Postcode 2820

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
ULTRABULK A/SSmakkedalen 6, 2820 Gentofte941004135317

Purpose

Selskabets formål er at drive rederivirksomhed samt dermed beslægtet virksomhed efter bestyrelsens skøn samt eje aktier og anparter i andre selskaber i anlægsøjemed.

The purpose is quoted from the register in Danish.

Changes year by year

131 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesownership 2 · accounts 1
  • Ultranav ApS registered as owner (100%)
  • Ultranav International ApS is no longer registered as owner
  • Annual report for 2024 published
20242 changesmanagement 1 · accounts 1
  • Jan Vincent Vermeij Chamy stepped down as board member
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
202214 changesownership 2 · management 11 · accounts 1
  • Ultranav International ApS registered as owner (100%)
  • ULTRANAV Denmark ApS is no longer registered as owner
  • Klaus Munk Andersen appointed director
  • Francisco Esteban Larrain Echeverria stepped down as director
  • Enrique Reinaldo Ide Valenzuela appointed board member
  • Dag Karl Albert Von Appen Burose stepped down as board member
  • Hans-Christian Olesen appointed ceo
  • Per Albert Karl von Appen Burose appointed chair of the board
  • Dag Karl Albert Von Appen Burose appointed board member
  • Per Albert Karl von Appen Burose stepped down as ceo
  • Per Albert Karl von Appen Burose stepped down as board member
  • Dag Karl Albert Von Appen Burose stepped down as chair of the board
  • Hans-Christian Olesen stepped down as director
  • Annual report for 2021 published
20216 changesmanagement 5 · accounts 1
  • Oskar Thomas Fabricius appointed director
  • Per Albert Karl von Appen Burose appointed ceo
  • Per Lange stepped down as ceo
  • Per Albert Karl von Appen Burose appointed board member
  • Raimundo Sanchez Hanisch stepped down as board member
  • Annual report for 2020 published
20202 changesmanagement 2
  • Raimundo Sanchez Hanisch appointed board member
  • Enrique Reinaldo Ide Valenzuela stepped down as deputy chair
20183 changesmanagement 3
  • Henrik Sleimann Petersen stepped down as director
  • Jan Vincent Vermeij Chamy appointed board member
  • Carsten Haagensen stepped down as board member
201717 changesmerger 2 · management 13 · capital 1 · ownership 1
  • Merger registered in CVR
  • José Alberto Thomsen Queirolo stepped down as board member
  • Per Lange appointed ceo
  • Peter Stokes appointed board member
  • José Alberto Thomsen Queirolo appointed board member
  • Enrique Reinaldo Ide Valenzuela appointed deputy chair
  • Dag Karl Albert Von Appen Burose appointed chair of the board
  • Francisco Esteban Larrain Echeverria appointed director
  • Carsten Haagensen appointed board member
  • Francisco Esteban Larrain Echeverria stepped down as board member
  • Hans-Christian Olesen stepped down as board member
  • Klaus Munk Andersen stepped down as board member
  • Per Lange stepped down as chair of the board
  • Henrik Sleimann Petersen stepped down as board member
  • Share capital changed from 2,000,000 DKK to 27,100,000 DKK
  • Merger registered in CVR
  • ULTRABULK SHIPPING A/S is no longer registered as owner
20163 changesmanagement 2 · capital 1
  • Francisco Esteban Larrain Echeverria appointed board member
  • Søren Morbitzer Christoffersen stepped down as board member
  • Share capital changed from 1,500,000 DKK to 2,000,000 DKK
20156 changesmanagement 5 · capital 1
  • Hans-Christian Olesen appointed director
  • Henrik Sleimann Petersen appointed director
  • Share capital changed from 1,000,000 DKK to 1,500,000 DKK
  • Hans-Christian Olesen appointed board member
  • Klaus Munk Andersen appointed board member
  • Hans-Christian Olesen stepped down as ceo
20142 changesmanagement 2
  • Søren Morbitzer Christoffersen appointed board member
  • Bjarne Skov Faber stepped down as board member
20121 changeaddress 1
  • Moved to Smakkedalen 6, 2820 Gentofte
20112 changesownership 1 · name 1
  • ULTRANAV Denmark ApS registered as owner (90%)
  • Name changed from U-SEA BULK A/S to ULTRABULK A/S
20107 changesname 1 · management 6
  • Name changed from EITZEN BULK A/S to U-SEA BULK A/S
  • Bjarne Skov Faber appointed board member
  • Hans-Christian Olesen appointed ceo
  • Per Lange appointed chair of the board
  • Peter Ditlef Knudsen stepped down as chair of the board
  • Per Lange stepped down as ceo
  • Snorre S. Krogstad stepped down as board member
20093 changesownership 1 · management 2
  • ULTRABULK SHIPPING A/S registered as owner (100%)
  • Steen Larsen stepped down as board member
  • Henrik Sleimann Petersen appointed board member
20084 changesmanagement 2 · address 1 · industry 1
  • Peter Ditlef Knudsen appointed chair of the board
  • Axel Camillo Eitzen stepped down as chair of the board
  • Moved to Amerika Plads 38, 2100 København Ø
  • Industry changed to Sea and coastal freight water transport (502000)
20064 changesmanagement 4
  • Per Lange appointed ceo
  • Jens Grønning stepped down as board member
  • Niels Jørgen Nielsen Laustsen stepped down as ceo
  • Niels Jørgen Nielsen Laustsen stepped down as board member
20052 changesmanagement 2
  • Steen Larsen appointed board member
  • Jens Grønning appointed board member
20043 changesmanagement 3
  • Bjarne Tvilde stepped down as board member
  • Niels Jørgen Nielsen Laustsen appointed ceo
  • Snorre S. Krogstad appointed board member
20036 changesname 1 · management 5
  • Name changed from TSCHUDI & EITZEN BULKERS (DK) A/S to EITZEN BULK A/S
  • Axel Camillo Eitzen appointed chair of the board
  • Bjarne Tvilde appointed board member
  • Søren Andersen stepped down as board member
  • Jon Edvard Sundnes stepped down as board member
  • Søren Andersen appointed board member
20021 changemanagement 1
  • Jon Edvard Sundnes appointed board member
20011 changemanagement 1
  • Mogens Worre Sørensen stepped down as board member
20001 changemanagement 1
  • Mogens Worre Sørensen stepped down as director
19981 changemanagement 1
  • Ulf Terje Hagen stepped down as board member
19972 changesname 1 · capital 1
  • Name changed from EAC SHIPPING LTD. A/S to TSCHUDI & EITZEN BULKERS (DK) A/S
  • Share capital changed from 50,000,000 DKK to 1,000,000 DKK
19968 changesmanagement 8
  • Mogens Worre Sørensen appointed director
  • Ulf Terje Hagen appointed board member
  • Niels Jørgen Nielsen Laustsen appointed board member
  • Mogens Worre Sørensen appointed board member
  • Michael Betto Vibe Fiorini stepped down as chair of the board
  • Poul Christian Gowers Lund stepped down as deputy chair
  • Erik Bøgh Christensen stepped down as director
  • Erik Bøgh Christensen stepped down as board member
19945 changesname 2 · capital 1 · management 2
  • Name changed from EAC SHIPPING LTD. ApS to EAC SHIPPING LTD. A/S
  • Name changed from HOLM & WONSILD ApS to EAC SHIPPING LTD. ApS
  • Share capital changed from 80,000 DKK to 50,000,000 DKK
  • Niels Toft Storinggaard stepped down as board member
  • Jens-Erik Hinnerskov stepped down as board member
19933 changesmanagement 3
  • Jan Selsmark stepped down as board member
  • Karsten Stock Andresen stepped down as deputy chair
  • Jan Selsmark stepped down as director
19903 changesmanagement 3
  • Svend Aage Asger Larsen stepped down as director
  • Svend Aage Asger Larsen stepped down as board member
  • Hans Henrik Fischer stepped down as deputy chair
19871 changecapital 1
  • Share capital changed from 300,000 DKK to 80,000 DKK
198113 changesfounded 1 · management 12
  • Registered as HOLM & WONSILD ApS
  • Jan Selsmark appointed board member
  • Niels Toft Storinggaard appointed board member
  • Jens-Erik Hinnerskov appointed board member
  • Svend Aage Asger Larsen appointed director
  • Svend Aage Asger Larsen appointed board member
  • Karsten Stock Andresen appointed deputy chair
  • Michael Betto Vibe Fiorini appointed chair of the board
  • Poul Christian Gowers Lund appointed deputy chair
  • Erik Bøgh Christensen appointed director
  • Erik Bøgh Christensen appointed board member
  • Jan Selsmark appointed director
  • Hans Henrik Fischer appointed deputy chair

Related companies

Same people in management

Largest in the industry

See all →

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.

View in CVRReport a correction