Blue Water Shipping A/S

Public limited companyCVR 40516611EsbjergActive

Blue Water Shipping A/S is a public limited company, based in Esbjerg, active in other transportation support activities, founded in 1982. Measured by gross profit, it ranks no. 3 of 371 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 23.5m. Operations are spread over 24 production units in 18 towns.

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Key figures · financial year 2025

RevenueDKK 6bn−0.8% vs. 2024
Net profit−DKK 23.5m−22.1% vs. 2024
EquityDKK 420.5m−13.1% vs. 2024
Employees947latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 2% (2024 → 2025), to DKK 527.3m.
  • The loss grew: from DKK 19.3m to DKK 23.5m (2024 → 2025).
  • Equity fell 13% (2024 → 2025), to DKK 420.5m.

Employees

  • 23 more employees than a year earlier: 947 (07/2026) against 924 (07/2025).

Management and owners, last 24 months

  • New in management: Thomas Bek (ceo, 12/08/2025).
  • Stepped down: Søren Nørgaard Thomsen (ceo, 12/08/2025) and Thomas Bek (director, 11/08/2025).

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 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
EquityNet profit
Financial figures for Blue Water Shipping A/S
202020212022202320242025Change
Revenue4,616,1345,490,4276,719,0645,838,0636,071,6546,020,312−0.8%
Gross profit548,897468,771545,351586,986518,528527,287+1.7%
Operating profit (EBIT)108,93336,89232,92616,965−65,757−69,993−6.4%
Profit before tax107,75595,59874,42380,548−35,848−48,891−36.4%
Net profit83,89186,91269,58380,774−19,287−23,547−22.1%
Total assets978,2051,341,6421,527,7571,552,5751,588,1371,610,158+1.4%
Equity340,685384,600438,243516,658483,738420,460−13.1%
Liabilities637,520957,0421,089,5141,035,9171,104,3991,189,698+7.7%
Cash and cash equivalents2,2163,9178,2416831,060543−48.8%
Average number of employees842804867935942887−5.8%

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 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m202020212022202320242025
Gross profitMedian, the industry (372 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

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

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 Blue Water Shipping A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202527/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202431/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202229/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202106/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202026/03/2021The 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
02004006008001,00008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 527.3mNo. 3 of 371
Better than 99% of the companies in the industry
EquityDKK 420.5mNo. 7 of 372
Better than 98% of the companies in the industry
Number of employees947No. 4 of 372
Better than 99% 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 500–999 employees207 companies in the comparison
No. 57of 189
Better than 70%
No. 79of 207
Better than 62%
Companies that are at least 30 years old10,276 companies in the comparison
No. 169of 10,152
Better than 98%
No. 429of 10,275
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 271of 17,786
Better than 98%
No. 829of 18,024
Better than 95%

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. Blue Water Shipping A/SDKK 527.3m
  2. DSV Road A/SDKK 1.2bn
  3. Scan Global Logistics A/SDKK 829.9m
Net profit
  1. Blue Water Shipping A/S−DKK 23.5m
  2. DSV Road A/S−DKK 894k
  3. Scan Global Logistics A/SDKK 112m
Equity
  1. Blue Water Shipping A/SDKK 420.5m
  2. DSV Road A/SDKK 403.4m
  3. Scan Global Logistics A/SDKK 2.4bn
Employees
  1. Blue Water Shipping A/S947
  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
  • Blue Water Holding A/S100%
Blue Water Shipping A/S

Management

10 active registrations

Executive management

Executive management at Blue Water Shipping A/S
NameRoleAppointed
Flemming BuschDirector05/08/2019
Dan Gregers NissenDirector24/04/2020
Thomas BekCEO12/08/2025

Board of directors

Board of directors at Blue Water Shipping A/S
NameRoleAppointed
Jørgen MeyerDeputy chair29/05/2019
Merete SøbyBoard member02/09/2021
Niels Stie KaalundBoard member23/01/2023
Kurt SkovBoard member31/10/2023
Jørgen Dencker WisborgChair of the board31/10/2023
Anne Roed SkovDeputy chair31/10/2023
Henrik Dam LarsenBoard member19/03/2024
Former management (35)
Former management at Blue Water Shipping A/S
NameRoleAppointedResigned
Flemming HansenBoard member08/09/198217/09/1990
Jørgen Lauridsen JensenBoard member08/09/198230/09/1988
Gyrithe SkovBoard member08/09/198210/11/1993
Lars Peter EhrhornBoard member10/11/199325/09/2000
Andy Nørregaard AndersenBoard member25/09/200020/11/2001
Michael HonoreBoard member25/09/200023/04/2007
Carsten EskildsenDirector12/12/200024/10/2011
Allan Vahlun Junge PedersenDirector12/12/200028/08/2001
Carsten EskildsenBoard member23/04/200709/01/2008
Allan Vahlun Junge PedersenBoard member23/04/200709/01/2008
Carsten SteffensenBoard member23/04/200709/01/2008
Dan Gregers NissenBoard member23/04/200709/01/2008
Bent RasmussenBoard member23/04/200709/01/2008
Johnny SøtrupBoard member09/01/200813/10/2008
Morten PetersenBoard member09/01/200813/10/2008
Ole FrieBoard member09/01/200802/06/2009
Jørgen MeyerBoard member30/09/200828/05/2019
Preben Møller NielsenBoard member18/08/200924/05/2018
Kurt SkovCEO17/05/201003/12/2012
Niels Stie KaalundDeputy chair03/12/201225/01/2016
Kurt SkovChair of the board03/12/201225/01/2016
Kim Hedegaard SørensenCEO03/12/201226/01/2016
Niels Stie KaalundChair of the board26/01/201604/02/2018
Kurt SkovBoard member26/01/201604/02/2018
Kurt SkovCEO26/01/201605/02/2018
Peter DamsboeBoard member18/05/201723/03/2021
Niels Stie KaalundDeputy chair05/02/201822/01/2023
Kurt SkovChair of the board05/02/201830/10/2023
Søren Nørgaard ThomsenCEO05/02/201812/08/2025
Anne Roed SkovBoard member24/05/201830/10/2023
Torben Bjerre-MadsenBoard member29/05/201901/11/2022
Jesper KristensenBoard member29/05/201921/04/2021
Robert Steen KledalBoard member02/09/202121/03/2023
Thomas BekDirector01/01/202211/08/2025
Jørgen Dencker WisborgDeputy chair23/01/202330/10/2023

Signing rule: Selskabet tegnes af den samlede bestyrelse i forening, af to medlemmer af bestyrelsen i forening eller af et bestyrelsesmedlem I forening med en direktør.

Address and production units

24 active production units

Trafikhavnskaj 9
6700 Esbjerg

Esbjerg Municipality · Postcode 6700

Other companies at the address (4)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
BLUE WATER SHIPPING A/STrafikhavnskaj 9, 6700 Esbjerg3791003062310
BLUE WATER SHIPPING A/SVentrupparken 8B, 2670 Greve991003062383
Blue Water Shipping A/SEmil Neckelmanns Vej 20, 5220 Odense SØ931013516622
BLUE WATER SHIPPING A/SDronningens Kvarter 14, Taulov, 7000 Fredericia851021251883
Blue Water Shipping A/SOliehavnsvej 2, 8000 Aarhus C701031383788
BLUE WATER SHIPPING A/SStratusvej 12, 7190 Billund611005091625
BLUE WATER SHIPPING A/SAnkeret 5A, 9220 Aalborg Øst611003062322
BLUE WATER SHIPPING A/SIndkildevej 6E, 9210 Aalborg SØ411026525175
BLUE WATER SHIPPING A/SBaggeskærvej 60, 7400 Herning201010387139
BLUE WATER SHIPPING A/SIstedvej 7, 6330 Padborg141016879122
Blue Water Shipping A/SFærgevej 40, 4970 Rødby81027364558
BLUE WATER SHIPPING A/SLindø Østvej 6A, 5330 Munkebo71017388033
BLUE WATER SHIPPING A/SSydvestkajen 4, 9850 Hirtshals71017156000
BLUE WATER SHIPPING A/SZodiakvej 5, 6700 Esbjerg51023333135
BLUE WATER SHIPPING A/SHAVNEPLADSEN 12, 9900 FREDERIKSHAVN41019704633

Showing 15 of 24 units (sorted by employees).

Purpose

Selskabets formål er at drive skibsagentur, befragtnings—, speditions—, pakhus—, stevedore— og transportforretning, materieludlejning, virksomhed med salg af— og udvikling af IT— løsninger, investering i værdipapirer, herunder aktier og anparter og investering i fast ejendom samt hermed beslægtet og i forbindelse stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

100 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20255 changesmanagement 3 · accounts 1 · industry 1
  • Thomas Bek appointed ceo
  • Søren Nørgaard Thomsen stepped down as ceo
  • Thomas Bek stepped down as director
  • Annual report for 2024 published
  • Industry changed to Other transportation support activities (522600)
20242 changesaccounts 1 · management 1
  • Annual report for 2023 published
  • Henrik Dam Larsen appointed board member
202311 changesmanagement 10 · accounts 1
  • Kurt Skov appointed board member
  • Anne Roed Skov appointed deputy chair
  • Jørgen Dencker Wisborg appointed chair of the board
  • Jørgen Dencker Wisborg stepped down as deputy chair
  • Anne Roed Skov stepped down as board member
  • Kurt Skov stepped down as chair of the board
  • Annual report for 2022 published
  • Robert Steen Kledal stepped down as board member
  • Jørgen Dencker Wisborg appointed deputy chair
  • Niels Stie Kaalund appointed board member
  • Niels Stie Kaalund stepped down as deputy chair
20223 changesmanagement 2 · accounts 1
  • Torben Bjerre-Madsen stepped down as board member
  • Annual report for 2021 published
  • Thomas Bek appointed director
20215 changesmanagement 4 · accounts 1
  • Merete Søby appointed board member
  • Robert Steen Kledal appointed board member
  • Jesper Kristensen stepped down as board member
  • Annual report for 2020 published
  • Peter Damsboe stepped down as board member
20201 changemanagement 1
  • Dan Gregers Nissen appointed director
20195 changesmanagement 5
  • Flemming Busch appointed director
  • Torben Bjerre-Madsen appointed board member
  • Jørgen Meyer appointed deputy chair
  • Jesper Kristensen appointed board member
  • Jørgen Meyer stepped down as board member
20188 changesmanagement 8
  • Anne Roed Skov appointed board member
  • Preben Møller Nielsen stepped down as board member
  • Niels Stie Kaalund appointed deputy chair
  • Søren Nørgaard Thomsen appointed ceo
  • Kurt Skov appointed chair of the board
  • Kurt Skov stepped down as ceo
  • Niels Stie Kaalund stepped down as chair of the board
  • Kurt Skov stepped down as board member
20171 changemanagement 1
  • Peter Damsboe appointed board member
20166 changesmanagement 6
  • Niels Stie Kaalund appointed chair of the board
  • Kurt Skov appointed board member
  • Kurt Skov appointed ceo
  • Kim Hedegaard Sørensen stepped down as ceo
  • Kurt Skov stepped down as chair of the board
  • Niels Stie Kaalund stepped down as deputy chair
20131 changemerger 1
  • Merger registered in CVR
20125 changesmanagement 4 · capital 1
  • Kim Hedegaard Sørensen appointed ceo
  • Kurt Skov appointed chair of the board
  • Niels Stie Kaalund appointed deputy chair
  • Kurt Skov stepped down as ceo
  • Share capital changed from 36,212,000 DKK to 50,000,000 DKK
20113 changesmanagement 1 · address 1 · merger 1
  • Carsten Eskildsen stepped down as director
  • Moved to Trafikhavnskaj 9, 6700 Esbjerg
  • Merger registered in CVR
20103 changesmerger 1 · capital 1 · management 1
  • Merger registered in CVR
  • Share capital changed from 20,000,000 DKK to 36,212,000 DKK
  • Kurt Skov appointed ceo
20092 changesmanagement 2
  • Preben Møller Nielsen appointed board member
  • Ole Frie stepped down as board member
200813 changesmanagement 11 · address 1 · industry 1
  • Morten Petersen stepped down as board member
  • Johnny Søtrup stepped down as board member
  • Moved to Trafikhavnskaj 11, 6700 Esbjerg
  • Jørgen Meyer appointed board member
  • Morten Petersen appointed board member
  • Ole Frie appointed board member
  • Johnny Søtrup appointed board member
  • Allan Vahlun Junge Pedersen stepped down as board member
  • Bent Rasmussen stepped down as board member
  • Dan Gregers Nissen stepped down as board member
  • Carsten Steffensen stepped down as board member
  • Carsten Eskildsen stepped down as board member
  • Industry changed to Speditører (522920)
20077 changesownership 1 · management 6
  • BLUE WATER HOLDING A/S registered as owner (100%)
  • Allan Vahlun Junge Pedersen appointed board member
  • Bent Rasmussen appointed board member
  • Dan Gregers Nissen appointed board member
  • Carsten Steffensen appointed board member
  • Carsten Eskildsen appointed board member
  • Michael Honore stepped down as board member
20021 changemerger 1
  • Merger registered in CVR
20012 changesmanagement 2
  • Andy Nørregaard Andersen stepped down as board member
  • Allan Vahlun Junge Pedersen stepped down as director
20006 changesmanagement 5 · capital 1
  • Allan Vahlun Junge Pedersen appointed director
  • Carsten Eskildsen appointed director
  • Andy Nørregaard Andersen appointed board member
  • Michael Honore appointed board member
  • Lars Peter Ehrhorn stepped down as board member
  • Share capital changed from 2,000,000 DKK to 20,000,000 DKK
19941 changemerger 1
  • Merger registered in CVR
19932 changesmanagement 2
  • Lars Peter Ehrhorn appointed board member
  • Gyrithe Skov stepped down as board member
19901 changemanagement 1
  • Flemming Hansen stepped down as board member
19881 changemanagement 1
  • Jørgen Lauridsen Jensen stepped down as board member
19824 changesfounded 1 · management 3
  • Registered as BLUE WATER SHIPPING A/S
  • Flemming Hansen appointed board member
  • Jørgen Lauridsen Jensen appointed board member
  • Gyrithe Skov appointed board member

Related companies

Same industry in Esbjerg

See all →

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 23/10/2026. 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