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Navigator Gas (Denmark) ApS

Private limited companyCVR 34093482GentofteActive

Navigator Gas (Denmark) ApS is a private limited company, based in Gentofte, active in sea and coastal freight water transport, founded in 2011. Net profit rose 16% from 2024 to 2025, ending at DKK 24.4m. With 311 employees, the company is about 24 times larger than the industry median. Equity grew to DKK 90.1m in 2025.

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Key figures · financial year 2025

RevenueDKK 126.5m−2.4% vs. 2024
Net profitDKK 24.4m+15.9% vs. 2024
EquityDKK 90.1m+37.2% vs. 2024
Employees311latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 7% (2024 → 2025), to DKK 29.3m.
  • Revenue fell 2% (2024 → 2025), to DKK 126.5m.
  • Net profit rose 16% (2024 → 2025), to DKK 24.4m.
  • Equity rose 37% (2024 → 2025), to DKK 90.1m.

Employees

  • 50 fewer employees than a year earlier: 311 (07/2026) against 361 (07/2025).

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 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for Navigator Gas (Denmark) ApS
202020212022202320242025Change
Revenue105,878118,429121,588126,577129,667126,542−2.4%
Gross profit–12,14012,88829,35227,41529,257+6.7%
Operating profit (EBIT)−4,8498,19610,00925,57522,58823,356+3.4%
Profit before tax−6,0236,5308,12024,92721,67625,069+15.7%
Net profit−6,1116,5538,07424,75321,06124,412+15.9%
Total assets15,09236,14036,86856,62682,326108,187+31.4%
Equity11911,98719,89644,64965,71090,122+37.2%
Liabilities14,97324,15316,97211,97716,61618,065+8.7%
Cash and cash equivalents1,62611,30214,76530,36919,83149,277+148.5%
Average number of employees40010181822220%

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
Gross profitMedian, the industry (108 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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 Navigator Gas (Denmark) ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202316/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202206/06/2024The companyPDFXBRL
202101/01/2021 – 31/12/202101/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202001/04/2021The 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
05010015020025030035040008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 29.3mNo. 24 of 103
Better than 77% of the companies in the industry
EquityDKK 90.1mNo. 27 of 108
Better than 76% of the companies in the industry
Number of employees311No. 43 of 108
Better than 61% 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 200–499 employees796 companies in the comparison
No. 711of 763
Better than 7%
No. 421of 796
Better than 47%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,315of 33,588
Better than 96%
No. 755of 33,687
Better than 98%
All companies of type ApS66,508 companies in the comparison
No. 1,490of 66,379
Better than 98%
No. 1,257of 66,505
Better than 98%

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. Navigator Gas (Denmark) ApSDKK 29.3m
  2. Unifeeder A/SDKK 554.1m
  3. Royal Arctic Line A/SDKK 512.4m
Net profit
  1. Navigator Gas (Denmark) ApSDKK 24.4m
  2. Unifeeder A/SDKK 208.9m
  3. Royal Arctic Line A/SDKK 10.9m
Equity
  1. Navigator Gas (Denmark) ApSDKK 90.1m
  2. Unifeeder A/SDKK 2.5bn
  3. Royal Arctic Line A/SDKK 648.4m
Employees
  1. Navigator Gas (Denmark) ApS311
  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
  • Navigator Holdings Ltd.100%
Navigator Gas (Denmark) ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Navigator Gas (Denmark) ApS
NameRoleAppointed
Mads Peter ZachoCEO01/08/2022
Michael SchröderDirector01/08/2022

Board of directors

Board of directors at Navigator Gas (Denmark) ApS
NameRoleAppointed
John Gibson ReayChair of the board10/08/2021
Michael SchröderBoard member28/10/2021
Andries Odendaal de NeckerBoard member30/06/2023
Founders
ULTRANAV Denmark ApS
Former management (12)
Former management at Navigator Gas (Denmark) ApS
NameRoleAppointedResigned
Carsten HaagensenBoard member29/12/201117/06/2020
Anders Hallund RasmussenDirector29/12/201101/03/2016
Dag Karl Albert von Appen BuroseChair of the board29/12/201104/08/2021
Enrique Reinaldo Ide ValenzuelaBoard member29/12/201117/06/2020
Martin FruergaardCEO01/03/201631/05/2021
Peter StokesBoard member17/06/202004/08/2021
Raimundo Sanchez HanischBoard member17/06/202004/08/2021
Jan Vincent Vermeij ChamyBoard member17/06/202004/08/2021
Michael SchröderCEO31/05/202131/07/2022
Henry DeansChair of the board10/08/202128/10/2021
Niall Joseph NolanBoard member10/08/202127/10/2021
Niall Joseph NolanChair of the board28/10/202130/06/2023

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med et bestyrelsesmedlem eller en direktør, en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Smakkedalen 4
2820 Gentofte

Gentofte Municipality · Postcode 2820

Other companies at the address (2)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Navigator Gas (Denmark) ApSSmakkedalen 4, 2820 Gentofte3021017368059

Purpose

Selskabets formål er at eje og/eller chartre samt drive skibe og at udføre alle hertil relaterede aktiviteter og services samt at udføre kommerciel, teknisk og mandskabsservice - direkte og/eller gennem tredjeparter og at eje aktier i andre selskaber, primært relateret til shipping og marin relaterede aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

44 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20242 changesaccounts 2
  • Annual report for 2023 published
  • Annual report for 2022 published
20232 changesmanagement 2
  • Andries Odendaal de Necker appointed board member
  • Niall Joseph Nolan stepped down as chair of the board
20226 changesname 1 · address 1 · management 3 · accounts 1
  • Name changed from ULTRAGAS ApS to Navigator Gas (Denmark) ApS
  • Moved to Smakkedalen 4, 2820 Gentofte
  • Michael Schröder appointed director
  • Mads Peter Zacho appointed ceo
  • Michael Schröder stepped down as ceo
  • Annual report for 2021 published
202116 changesmanagement 13 · ownership 2 · accounts 1
  • Niall Joseph Nolan appointed chair of the board
  • Michael Schröder appointed board member
  • Henry Deans stepped down as chair of the board
  • Niall Joseph Nolan stepped down as board member
  • Niall Joseph Nolan appointed board member
  • John Gibson Reay appointed chair of the board
  • Henry Deans appointed chair of the board
  • Jan Vincent Vermeij Chamy stepped down as board member
  • Raimundo Sanchez Hanisch stepped down as board member
  • Peter Stokes stepped down as board member
  • Dag Karl Albert von Appen Burose stepped down as chair of the board
  • Navigator Holdings Ltd. registered as owner (100%)
  • ULTRANAV Denmark ApS is no longer registered as owner
  • Michael Schröder appointed ceo
  • Martin Fruergaard stepped down as ceo
  • Annual report for 2020 published
20205 changesmanagement 5
  • Jan Vincent Vermeij Chamy appointed board member
  • Raimundo Sanchez Hanisch appointed board member
  • Peter Stokes appointed board member
  • Enrique Reinaldo Ide Valenzuela stepped down as board member
  • Carsten Haagensen stepped down as board member
20162 changesmanagement 2
  • Martin Fruergaard appointed ceo
  • Anders Hallund Rasmussen stepped down as director
20132 changesaddress 1 · name 1
  • Moved to Smakkedalen 6, 2820 Gentofte
  • Name changed from ULTRAGAS (EUROPE) ApS to ULTRAGAS ApS
20121 changecapital 1
  • Share capital changed from 200,000 DKK to 210,000 DKK
20116 changesfounded 1 · management 4 · ownership 1
  • Registered as ULTRAGAS (EUROPE) ApS
  • Anders Hallund Rasmussen appointed director
  • Enrique Reinaldo Ide Valenzuela appointed board member
  • Dag Karl Albert von Appen Burose appointed chair of the board
  • Carsten Haagensen appointed board member
  • ULTRANAV Denmark ApS registered as owner (100%)

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Same people in management

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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.

View in CVRReport a correction