Company type
Limited Corporation
5,418 MDKK
Gross profit
258 MDKK
Operating Profit (EBIT)
163 MDKK
Profit for the Year
103 MDKK
109 MDKK

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Rank Profit for the Year

Rank in industry
"Top 10%"
Rank in Denmark
"Top 10%"

Top management Top 3

Board Top 3

Keld Rosenbæk Demant 13Chairman of board
Carsten Klausen 2Boardmember
Peter Zachariassen 3Boardmember

Legal owners Top 3

100%Bunker Holding A/S

Rights certificate

Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør eller af 2 bestyrelsesmedlemmer i forening

Company information based on CVR

NameUnioil Supply A/S
Alternate namesBunker One A/S, Unioil Terminals A/S Show more
AddressØstre Havnegade 16, 9000 Aalborg
IndustryWholesale of solid, liquid and gaseous fuels and related products [467100]
Established14-11-2014 (6 yr)
Company typeLimited Corporation
Number of employees20-49 (CVR)
Advertising protectionNo
AuditorPricewaterhousecoopers Statsautoriseret Revisionspartnerselskab since 14-11-2014
Financial statement period01-05 to 30-04
Company capital500,000 DKK
Articles of assoc. last26-05-2020


Selskabets formål er at levere alle typer af brændstof og relaterede services.

Financial Statement

Currency/unit000' DKK000' DKK000' DKK
Gross Profit
Profit for the Year
Total Assets

Mangement review

ReviewActivitiesThe main activities of the Company are supply of fuel products and related services.Development in the yearUnioil Supply A/S achieved a revenue of USD 851 million and a profit before tax of USD 20.6 million. At the end of the year equity amounted to USD 17.1 million, corresponding to 19.3 % of the total assets.The financial performance is satisfactory and above expectations.During the financial year Unioil Supply A/S has successfully manifested its partnership with customers and suppliers. A large part of the activities is based on term contracts with customers demanding high quality supply and service.Strategy and objectiveUnioil Supply A/S strives to be a leading bunker and cargo supplier in Europe, Scandinavia and the Nordic Waters. Our key values are compliance, reliability and flexibility.We are constantly focused on development, optimization and improvements for both customers and Unioil Supply A/S. We strive to have a close and positive long-term relationship with customers and suppliers, and thus prioritizing a close dialogue with customers to align expectations.Financial risksOil price risksThe Company hedges against commercial oil price exposure related to inventory and fixed price purchase and sales contracts on a current basis and moreover the Company assesses the need to hedge against oil price exposure of future cash flows. Hedging mainly takes place by means of forward exchange contracts.Foreign exchange risksThe Company hedges against commercial foreign exchange exposure on a current basis and moreover assesses the need to hedge against foreign exchange exposure of future cash flows. Hedging mainly takes place by means of forward exchange contracts. Future expected cash flows are hedged for a maximum period of the first succeeding 12 months.Credit risksThe Company is exposed to credit risks relating to its customers and other business partners, and all customers and other business partners are credit rated regularly in accordance with the Company’s policy for assessing credit risks.Interest rate risksThe Company’s interest-bearing debts are mainly based on variable interest rates, and therefore earnings are affected by any changes in the level of interest.The Company monitors and assesses on a current basis the financial consequences of the interest rate changes and makes full or partial hedging of the interest rate risk when relevant.Expectations for the year aheadThe Company’s level of activity and earnings are affected by a number of external factors, such as the development in oil trading and bunkering industry, the oil price development and the general structure of the oil market.For the financial year 2020/21 it is expected that the activity level will be at the same level as in 2019/20. Earnings are expected to be positive and satisfying, but at a lower level than seen in 2019/20.Subsequent eventsNo significant events affecting the assessment of the Annual Report have occurred after the balance sheet date.