Blue Water Stevedoring A/S

Public limited companyCVR 16672408EsbjergActive

Blue Water Stevedoring A/S is a public limited company, based in Esbjerg, active in cargo handling, founded in 1993. Net profit rose 29% from 2024 to 2025, ending at DKK 9,000. Measured by gross profit, it ranks no. 3 of 44 companies in the industry in the database. Operations are spread over 8 production units in 7 towns.

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Key figures · financial year 2025

Gross profitDKK 165.4m+1.4% vs. 2024
Net profitDKK 9,000+28.6% vs. 2024
EquityDKK 1.2m+0.8% vs. 2024
Employees310latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 1% (2024 → 2025), to DKK 165.4m.
  • Net profit rose 29% (2024 → 2025), to DKK 9,000.

Employees

  • 42 more employees than a year earlier: 310 (08/2026) against 268 (08/2025).

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 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2m202020212022202320242025
EquityNet profit
Financial figures for Blue Water Stevedoring A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit118,048138,307133,662132,131163,164165,438+1.4%
Operating profit (EBIT)03171795615374−51.6%
Profit before tax328273163249−8−188.9%
Net profit2552131271779+28.6%
Total assets24,86316,76133,39132,73018,17920,219+11.2%
Equity8301,0431,1701,1871,1941,203+0.8%
Liabilities24,03315,71832,22131,54316,98519,016+12%
Cash and cash equivalents0––––––
Average number of employees122137134127140139−0.7%

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. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160m202020212022202320242025
Gross profitMedian, the industry (44 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Low equity ratio

    Equity makes up 6% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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 Stevedoring A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202514/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202431/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202327/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202105/04/2022The 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
05010015020025030035009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

44 companies in the database

Comparison with the other companies in cargo handling based on the latest financial year.

Gross profitDKK 165.4mNo. 3 of 44
Better than 95% of the companies in the industry
EquityDKK 1.2mNo. 20 of 44
Better than 56% of the companies in the industry
Number of employees310No. 3 of 44
Better than 95% of the companies in the industry

Industry median: gross profit DKK 4m, net profit DKK 264k, equity DKK 1.1m, 5 employees.

DKK 100kDKK 896kDKK 8mDKK 71.8mDKK 309.8mHere
Distribution of gross profit for 43 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 200–499 employees796 companies in the comparison
No. 371of 763
Better than 51%
No. 748of 796
Better than 6%
Companies that are at least 30 years old10,276 companies in the comparison
No. 529of 10,152
Better than 95%
No. 8,606of 10,275
Better than 16%
All companies of type A/S18,025 companies in the comparison
No. 967of 17,786
Better than 95%
No. 15,634of 18,024
Better than 13%

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

Cargo handling
Gross profit
  1. Blue Water Stevedoring A/SDKK 165.4m
  2. APM Terminals - Aarhus A/SDKK 643.3m
  3. Worldwide Flight Services Denmark A/SDKK 198.5m
Net profit
  1. Blue Water Stevedoring A/SDKK 9,000
  2. APM Terminals - Aarhus A/SDKK 151.6m
  3. Worldwide Flight Services Denmark A/SDKK 12.7m
Equity
  1. Blue Water Stevedoring A/SDKK 1.2m
  2. APM Terminals - Aarhus A/SDKK 443.9m
  3. Worldwide Flight Services Denmark A/SDKK 117.4m
Employees
  1. Blue Water Stevedoring A/S310
  2. APM Terminals - Aarhus A/S507
  3. Worldwide Flight Services Denmark A/S259

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 International A/S100%
Blue Water Stevedoring A/S

Management

4 active registrations

Executive management

Executive management at Blue Water Stevedoring A/S
NameRoleAppointed
Per JensenDirector26/01/2016

Board of directors

Board of directors at Blue Water Stevedoring A/S
NameRoleAppointed
Per JensenBoard member26/01/2016
Dan Gregers NissenChair of the board04/01/2019
Flemming BuschBoard member05/08/2019
Founders
Jan Ingolf Christiansen, Flemming Arne Eskildsen, Blue Water Shipping A/S
Former management (20)
Former management at Blue Water Stevedoring A/S
NameRoleAppointedResigned
Jan Ingolf ChristiansenBoard member04/01/199308/06/1993
Erik Lund OlesenBoard member04/01/199322/07/1994
Helge Bach NielsenDirector04/01/199311/07/1997
Flemming Arne EskildsenBoard member04/01/199331/05/1995
Sven Erik ChristensenBoard member04/01/199308/06/1993
Søren Stougaard-AndresenBoard member04/01/199311/07/1997
Jørn BøllundBoard member04/01/199311/07/1997
Brian BerggreinBoard member04/01/199311/07/1997
Carl Peder Lundager PedersenBoard member04/01/199331/05/1995
Henning HyllestedBoard member31/05/199511/07/1997
Hugo Erling Svendsen JensenBoard member31/05/199511/07/1997
Lars Peter EhrhornBoard member11/07/199712/12/2000
Niels Stie KaalundChair of the board11/07/199712/12/2000
Kurt SkovDirector11/07/199724/02/2014
Jacob Rosenhøj JørgensenChair of the board12/12/200016/07/2001
Carsten EskildsenBoard member16/07/200103/02/2014
Kim Hedegaard SørensenBoard member03/02/201426/01/2016
Kurt SkovChair of the board24/02/201404/01/2019
Allan Vahlun Junge PedersenBoard member24/02/201405/08/2019
Allan Vahlun Junge PedersenDirector24/02/201426/01/2016

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

Address and production units

8 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 STEVEDORING A/STrafikhavnskaj 9, 6700 Esbjerg2301001140563
Blue Water Stevedoring A/SIstedvej 7, 6330 Padborg331015782761
BLUE WATER STEVEDORING A/SDronningens Kvarter 14, Taulov, 7000 Fredericia291021568194
Blue Water Stevedoring A/SLindø Østvej 6A, 5330 Munkebo131021255056
Blue Water Stevedoring A/SAmerikavej 5A, 6700 Esbjerg41025164195
Blue Water Stevedoring A/SOceanvej 13, 8000 Aarhus C01017891126
Blue Water Stevedoring A/SVentrupparken 8B, 2670 Greve01015782745
Blue Water Stevedoring A/SLavavej 15, 9220 Aalborg Øst01015782427

Purpose

Selskabets formål er at drive stevedorevirksomhed på Esbjerg havn

The purpose is quoted from the register in Danish.

Changes year by year

56 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20194 changesmanagement 4
  • Flemming Busch appointed board member
  • Allan Vahlun Junge Pedersen stepped down as board member
  • Dan Gregers Nissen appointed chair of the board
  • Kurt Skov stepped down as chair of the board
20164 changesmanagement 4
  • Per Jensen appointed board member
  • Per Jensen appointed director
  • Allan Vahlun Junge Pedersen stepped down as director
  • Kim Hedegaard Sørensen stepped down as board member
20146 changesmanagement 6
  • Kurt Skov appointed chair of the board
  • Allan Vahlun Junge Pedersen appointed director
  • Allan Vahlun Junge Pedersen appointed board member
  • Kurt Skov stepped down as director
  • Kim Hedegaard Sørensen appointed board member
  • Carsten Eskildsen stepped down as board member
20111 changeaddress 1
  • Moved to Trafikhavnskaj 9, 6700 Esbjerg
20101 changeownership 1
  • BLUE WATER INTERNATIONAL A/S registered as owner (100%)
20081 changeindustry 1
  • Industry changed to Cargo handling (522400)
20012 changesmanagement 2
  • Carsten Eskildsen appointed board member
  • Jacob Rosenhøj Jørgensen stepped down as chair of the board
20004 changesaddress 1 · management 3
  • Moved to Trafikhavnskaj 11, 6700 Esbjerg
  • Jacob Rosenhøj Jørgensen appointed chair of the board
  • Niels Stie Kaalund stepped down as chair of the board
  • Lars Peter Ehrhorn stepped down as board member
199710 changescapital 1 · management 9
  • Share capital changed from 500,000 DKK to 500,001 DKK
  • Niels Stie Kaalund appointed chair of the board
  • Lars Peter Ehrhorn appointed board member
  • Kurt Skov appointed director
  • Hugo Erling Svendsen Jensen stepped down as board member
  • Henning Hyllested stepped down as board member
  • Brian Berggrein stepped down as board member
  • Jørn Bøllund stepped down as board member
  • Søren Stougaard-Andresen stepped down as board member
  • Helge Bach Nielsen stepped down as director
19954 changesmanagement 4
  • Hugo Erling Svendsen Jensen appointed board member
  • Henning Hyllested appointed board member
  • Flemming Arne Eskildsen stepped down as board member
  • Carl Peder Lundager Pedersen stepped down as board member
19941 changemanagement 1
  • Erik Lund Olesen stepped down as board member
199312 changesmanagement 11 · founded 1
  • Sven Erik Christensen stepped down as board member
  • Jan Ingolf Christiansen stepped down as board member
  • Registered as BLUE WATER STEVEDORING A/S
  • Brian Berggrein appointed board member
  • Jørn Bøllund appointed board member
  • Søren Stougaard-Andresen appointed board member
  • Sven Erik Christensen appointed board member
  • Flemming Arne Eskildsen appointed board member
  • Helge Bach Nielsen appointed director
  • Erik Lund Olesen appointed board member
  • Jan Ingolf Christiansen appointed board member
  • Carl Peder Lundager Pedersen 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