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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 4,616,134 | 5,490,427 | 6,719,064 | 5,838,063 | 6,071,654 | 6,020,312 | −0.8% |
| Gross profit | 548,897 | 468,771 | 545,351 | 586,986 | 518,528 | 527,287 | +1.7% |
| Operating profit (EBIT) | 108,933 | 36,892 | 32,926 | 16,965 | −65,757 | −69,993 | −6.4% |
| Profit before tax | 107,755 | 95,598 | 74,423 | 80,548 | −35,848 | −48,891 | −36.4% |
| Net profit | 83,891 | 86,912 | 69,583 | 80,774 | −19,287 | −23,547 | −22.1% |
| Total assets | 978,205 | 1,341,642 | 1,527,757 | 1,552,575 | 1,588,137 | 1,610,158 | +1.4% |
| Equity | 340,685 | 384,600 | 438,243 | 516,658 | 483,738 | 420,460 | −13.1% |
| Liabilities | 637,520 | 957,042 | 1,089,514 | 1,035,917 | 1,104,399 | 1,189,698 | +7.7% |
| Cash and cash equivalents | 2,216 | 3,917 | 8,241 | 683 | 1,060 | 543 | −48.8% |
| Average number of employees | 842 | 804 | 867 | 935 | 942 | 887 | −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
Signals from the financial statements
calculated from the 2025 figuresLoss 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 27/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 31/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 29/03/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 06/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 26/03/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
372 companies in the databaseComparison with the other companies in other transportation support activities based on the latest financial year.
Industry median: gross profit DKK 6.2m, net profit DKK 653k, equity DKK 3.3m, 7 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- Blue Water Shipping A/SDKK 527.3m
- DSV Road A/SDKK 1.2bn
- Scan Global Logistics A/SDKK 829.9m
- Blue Water Shipping A/S−DKK 23.5m
- DSV Road A/S−DKK 894k
- Scan Global Logistics A/SDKK 112m
- Blue Water Shipping A/SDKK 420.5m
- DSV Road A/SDKK 403.4m
- Scan Global Logistics A/SDKK 2.4bn
- Blue Water Shipping A/S947
- DSV Road A/S1,644
- 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- Blue Water Holding A/S100%
Management
10 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Flemming Busch | Director | 05/08/2019 |
| Dan Gregers Nissen | Director | 24/04/2020 |
| Thomas Bek | CEO | 12/08/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jørgen Meyer | Deputy chair | 29/05/2019 |
| Merete Søby | Board member | 02/09/2021 |
| Niels Stie Kaalund | Board member | 23/01/2023 |
| Kurt Skov | Board member | 31/10/2023 |
| Jørgen Dencker Wisborg | Chair of the board | 31/10/2023 |
| Anne Roed Skov | Deputy chair | 31/10/2023 |
| Henrik Dam Larsen | Board member | 19/03/2024 |
Former management (35)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Flemming Hansen | Board member | 08/09/1982 | 17/09/1990 |
| Jørgen Lauridsen Jensen | Board member | 08/09/1982 | 30/09/1988 |
| Gyrithe Skov | Board member | 08/09/1982 | 10/11/1993 |
| Lars Peter Ehrhorn | Board member | 10/11/1993 | 25/09/2000 |
| Andy Nørregaard Andersen | Board member | 25/09/2000 | 20/11/2001 |
| Michael Honore | Board member | 25/09/2000 | 23/04/2007 |
| Carsten Eskildsen | Director | 12/12/2000 | 24/10/2011 |
| Allan Vahlun Junge Pedersen | Director | 12/12/2000 | 28/08/2001 |
| Carsten Eskildsen | Board member | 23/04/2007 | 09/01/2008 |
| Allan Vahlun Junge Pedersen | Board member | 23/04/2007 | 09/01/2008 |
| Carsten Steffensen | Board member | 23/04/2007 | 09/01/2008 |
| Dan Gregers Nissen | Board member | 23/04/2007 | 09/01/2008 |
| Bent Rasmussen | Board member | 23/04/2007 | 09/01/2008 |
| Johnny Søtrup | Board member | 09/01/2008 | 13/10/2008 |
| Morten Petersen | Board member | 09/01/2008 | 13/10/2008 |
| Ole Frie | Board member | 09/01/2008 | 02/06/2009 |
| Jørgen Meyer | Board member | 30/09/2008 | 28/05/2019 |
| Preben Møller Nielsen | Board member | 18/08/2009 | 24/05/2018 |
| Kurt Skov | CEO | 17/05/2010 | 03/12/2012 |
| Niels Stie Kaalund | Deputy chair | 03/12/2012 | 25/01/2016 |
| Kurt Skov | Chair of the board | 03/12/2012 | 25/01/2016 |
| Kim Hedegaard Sørensen | CEO | 03/12/2012 | 26/01/2016 |
| Niels Stie Kaalund | Chair of the board | 26/01/2016 | 04/02/2018 |
| Kurt Skov | Board member | 26/01/2016 | 04/02/2018 |
| Kurt Skov | CEO | 26/01/2016 | 05/02/2018 |
| Peter Damsboe | Board member | 18/05/2017 | 23/03/2021 |
| Niels Stie Kaalund | Deputy chair | 05/02/2018 | 22/01/2023 |
| Kurt Skov | Chair of the board | 05/02/2018 | 30/10/2023 |
| Søren Nørgaard Thomsen | CEO | 05/02/2018 | 12/08/2025 |
| Anne Roed Skov | Board member | 24/05/2018 | 30/10/2023 |
| Torben Bjerre-Madsen | Board member | 29/05/2019 | 01/11/2022 |
| Jesper Kristensen | Board member | 29/05/2019 | 21/04/2021 |
| Robert Steen Kledal | Board member | 02/09/2021 | 21/03/2023 |
| Thomas Bek | Director | 01/01/2022 | 11/08/2025 |
| Jørgen Dencker Wisborg | Deputy chair | 23/01/2023 | 30/10/2023 |
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 unitsTrafikhavnskaj 9
6700 Esbjerg
Esbjerg Municipality · Postcode 6700
Other companies at the address (4)
- Blue Water Stevedoring A/SCargo handling
- Losseselskabet 999 A/SCargo handling
- Triplenine Group A/SActivities of non-financial head offices
- TripleNine Sales A/SWholesale of fish and fish products
| Production unit | Address | Employees | P number |
|---|---|---|---|
| BLUE WATER SHIPPING A/S | Trafikhavnskaj 9, 6700 Esbjerg | 379 | 1003062310 |
| BLUE WATER SHIPPING A/S | Ventrupparken 8B, 2670 Greve | 99 | 1003062383 |
| Blue Water Shipping A/S | Emil Neckelmanns Vej 20, 5220 Odense SØ | 93 | 1013516622 |
| BLUE WATER SHIPPING A/S | Dronningens Kvarter 14, Taulov, 7000 Fredericia | 85 | 1021251883 |
| Blue Water Shipping A/S | Oliehavnsvej 2, 8000 Aarhus C | 70 | 1031383788 |
| BLUE WATER SHIPPING A/S | Stratusvej 12, 7190 Billund | 61 | 1005091625 |
| BLUE WATER SHIPPING A/S | Ankeret 5A, 9220 Aalborg Øst | 61 | 1003062322 |
| BLUE WATER SHIPPING A/S | Indkildevej 6E, 9210 Aalborg SØ | 41 | 1026525175 |
| BLUE WATER SHIPPING A/S | Baggeskærvej 60, 7400 Herning | 20 | 1010387139 |
| BLUE WATER SHIPPING A/S | Istedvej 7, 6330 Padborg | 14 | 1016879122 |
| Blue Water Shipping A/S | Færgevej 40, 4970 Rødby | 8 | 1027364558 |
| BLUE WATER SHIPPING A/S | Lindø Østvej 6A, 5330 Munkebo | 7 | 1017388033 |
| BLUE WATER SHIPPING A/S | Sydvestkajen 4, 9850 Hirtshals | 7 | 1017156000 |
| BLUE WATER SHIPPING A/S | Zodiakvej 5, 6700 Esbjerg | 5 | 1023333135 |
| BLUE WATER SHIPPING A/S | HAVNEPLADSEN 12, 9900 FREDERIKSHAVN | 4 | 1019704633 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20255 changesmanagement 3 · accounts 1 · industry 1
- ManagementThomas Bek appointed ceo
- ManagementSøren Nørgaard Thomsen stepped down as ceo
- ManagementThomas Bek stepped down as director
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Other transportation support activities (522600)
20242 changesaccounts 1 · management 1
- AccountsAnnual report for 2023 published
- ManagementHenrik Dam Larsen appointed board member
202311 changesmanagement 10 · accounts 1
- ManagementKurt Skov appointed board member
- ManagementAnne Roed Skov appointed deputy chair
- ManagementJørgen Dencker Wisborg appointed chair of the board
- ManagementJørgen Dencker Wisborg stepped down as deputy chair
- ManagementAnne Roed Skov stepped down as board member
- ManagementKurt Skov stepped down as chair of the board
- AccountsAnnual report for 2022 published
- ManagementRobert Steen Kledal stepped down as board member
- ManagementJørgen Dencker Wisborg appointed deputy chair
- ManagementNiels Stie Kaalund appointed board member
- ManagementNiels Stie Kaalund stepped down as deputy chair
20223 changesmanagement 2 · accounts 1
- ManagementTorben Bjerre-Madsen stepped down as board member
- AccountsAnnual report for 2021 published
- ManagementThomas Bek appointed director
20215 changesmanagement 4 · accounts 1
- ManagementMerete Søby appointed board member
- ManagementRobert Steen Kledal appointed board member
- ManagementJesper Kristensen stepped down as board member
- AccountsAnnual report for 2020 published
- ManagementPeter Damsboe stepped down as board member
20201 changemanagement 1
- ManagementDan Gregers Nissen appointed director
20195 changesmanagement 5
- ManagementFlemming Busch appointed director
- ManagementTorben Bjerre-Madsen appointed board member
- ManagementJørgen Meyer appointed deputy chair
- ManagementJesper Kristensen appointed board member
- ManagementJørgen Meyer stepped down as board member
20188 changesmanagement 8
- ManagementAnne Roed Skov appointed board member
- ManagementPreben Møller Nielsen stepped down as board member
- ManagementNiels Stie Kaalund appointed deputy chair
- ManagementSøren Nørgaard Thomsen appointed ceo
- ManagementKurt Skov appointed chair of the board
- ManagementKurt Skov stepped down as ceo
- ManagementNiels Stie Kaalund stepped down as chair of the board
- ManagementKurt Skov stepped down as board member
20171 changemanagement 1
- ManagementPeter Damsboe appointed board member
20166 changesmanagement 6
- ManagementNiels Stie Kaalund appointed chair of the board
- ManagementKurt Skov appointed board member
- ManagementKurt Skov appointed ceo
- ManagementKim Hedegaard Sørensen stepped down as ceo
- ManagementKurt Skov stepped down as chair of the board
- ManagementNiels Stie Kaalund stepped down as deputy chair
20131 changemerger 1
- MergerMerger registered in CVR
20125 changesmanagement 4 · capital 1
- ManagementKim Hedegaard Sørensen appointed ceo
- ManagementKurt Skov appointed chair of the board
- ManagementNiels Stie Kaalund appointed deputy chair
- ManagementKurt Skov stepped down as ceo
- CapitalShare capital changed from 36,212,000 DKK to 50,000,000 DKK
20113 changesmanagement 1 · address 1 · merger 1
- ManagementCarsten Eskildsen stepped down as director
- AddressMoved to Trafikhavnskaj 9, 6700 Esbjerg
- MergerMerger registered in CVR
20103 changesmerger 1 · capital 1 · management 1
- MergerMerger registered in CVR
- CapitalShare capital changed from 20,000,000 DKK to 36,212,000 DKK
- ManagementKurt Skov appointed ceo
20092 changesmanagement 2
- ManagementPreben Møller Nielsen appointed board member
- ManagementOle Frie stepped down as board member
200813 changesmanagement 11 · address 1 · industry 1
- ManagementMorten Petersen stepped down as board member
- ManagementJohnny Søtrup stepped down as board member
- AddressMoved to Trafikhavnskaj 11, 6700 Esbjerg
- ManagementJørgen Meyer appointed board member
- ManagementMorten Petersen appointed board member
- ManagementOle Frie appointed board member
- ManagementJohnny Søtrup appointed board member
- ManagementAllan Vahlun Junge Pedersen stepped down as board member
- ManagementBent Rasmussen stepped down as board member
- ManagementDan Gregers Nissen stepped down as board member
- ManagementCarsten Steffensen stepped down as board member
- ManagementCarsten Eskildsen stepped down as board member
- IndustryIndustry changed to Speditører (522920)
20077 changesownership 1 · management 6
- OwnershipBLUE WATER HOLDING A/S registered as owner (100%)
- ManagementAllan Vahlun Junge Pedersen appointed board member
- ManagementBent Rasmussen appointed board member
- ManagementDan Gregers Nissen appointed board member
- ManagementCarsten Steffensen appointed board member
- ManagementCarsten Eskildsen appointed board member
- ManagementMichael Honore stepped down as board member
20021 changemerger 1
- MergerMerger registered in CVR
20012 changesmanagement 2
- ManagementAndy Nørregaard Andersen stepped down as board member
- ManagementAllan Vahlun Junge Pedersen stepped down as director
20006 changesmanagement 5 · capital 1
- ManagementAllan Vahlun Junge Pedersen appointed director
- ManagementCarsten Eskildsen appointed director
- ManagementAndy Nørregaard Andersen appointed board member
- ManagementMichael Honore appointed board member
- ManagementLars Peter Ehrhorn stepped down as board member
- CapitalShare capital changed from 2,000,000 DKK to 20,000,000 DKK
19941 changemerger 1
- MergerMerger registered in CVR
19932 changesmanagement 2
- ManagementLars Peter Ehrhorn appointed board member
- ManagementGyrithe Skov stepped down as board member
19901 changemanagement 1
- ManagementFlemming Hansen stepped down as board member
19881 changemanagement 1
- ManagementJørgen Lauridsen Jensen stepped down as board member
19824 changesfounded 1 · management 3
- FoundedRegistered as BLUE WATER SHIPPING A/S
- ManagementFlemming Hansen appointed board member
- ManagementJørgen Lauridsen Jensen appointed board member
- ManagementGyrithe Skov appointed board member
Related companies
Same industry in Esbjerg
- Iat A/S124 employees
- DFDS Logistics A/S98 employees
- Mho-co A/S19 employees
- Team Freight A/S19 employees
- A/S J. Lauritzen's Eftf.. Esbjerg17 employees
- A/S Tmc Transport Management Consultants Ltd9 employees
Same people in management
- Vestas Manufacturing A/Svia Torben Bjerre-Madsen
- Vestas Wind Systems A/Svia Torben Bjerre-Madsen
- Per Aarsleff A/Svia Jørgen Dencker Wisborg
- AL Sydbank A/Svia Andy Nørregaard Andersen
- DFDS A/Svia Ole Frie
- KMD A/Svia Johnny Søtrup
Largest in the industry
- DSV Road A/SDKK 1.2bn
- Scan Global Logistics A/SDKK 829.9m
- DSV Air & Sea A/SDKK 516.5m
- Dachser Denmark A/SDKK 357m
- Nagel Danmark A/SDKK 327.6m
- Maersk Logistics & Services Denmark A/SDKK 313.5m
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.