Navigator Gas Ship Management (Denmark) ApS

Private limited companyCVR 32333923GentofteActive

Navigator Gas Ship Management (Denmark) ApS is a private limited company, based in Gentofte, active in sea and coastal freight water transport, founded in 2014. Equity was negative at the end of 2025 (−DKK 540k). The company made a loss in both 2024 and 2025, most recently DKK 1.1m.

PDF report Compare

Key figures · financial year 2025

RevenueDKK 9.9m+25.8% vs. 2024

Net profit−DKK 1.1m+33.2% vs. 2024

Equity−DKK 540k−195.6% vs. 2024

Employees33latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 25% (2024 → 2025), to DKK 4m.
Revenue rose 26% (2024 → 2025), to DKK 9.9m.
The loss got smaller: from DKK 1.7m to DKK 1.1m (2024 → 2025).
Equity turned negative: −DKK 540k (2024 → 2025).

Employees

1 more employees than a year earlier: 33 (08/2026) against 32 (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

EquityNet profit

Financial figures for Navigator Gas Ship Management (Denmark) ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	4,402	4,247	3,879	4,621	7,907	9,948	+25.8%
Gross profit	–	–	–	2,897	3,174	3,960	+24.8%
Operating profit (EBIT)	−1,094	−1,332	–	−1,222	−1,464	−838	+42.8%
Profit before tax	−1,168	−1,320	−1,804	−1,255	−1,550	−917	+40.8%
Net profit	−1,218	−1,391	−1,878	−1,285	−1,655	−1,105	+33.2%
Total assets	1,745	3,253	2,657	1,808	3,510	3,479	−0.9%
Equity	135	244	305	−980	565	−540	−195.6%
Liabilities	1,610	3,009	2,352	2,788	2,945	4,019	+36.5%
Cash and cash equivalents	408	1,598	1,096	1,008	541	2,886	+433.5%
Average number of employees	27	25	30	30	32	30	−6.3%

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

Compare with the industry (108 companies)

Gross profitMedian, the industry (108 companies)

Signals from the financial statements

calculated from the 2025 figures

Negative equity
Equity was −DKK 540k at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 6 years in a row
Net result has been negative in 2020–2025.
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 Navigator Gas Ship Management (Denmark) ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	18/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	23/06/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	15/07/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	07/06/2024	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	01/07/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	31/03/2021	The company	PDF XBRL

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

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 4mNo. 56 of 103

Better than 46% of the companies in the industry

Equity−DKK 540kNo. 108 of 108

Better than 0% of the companies in the industry

Number of employees33No. 33 of 108

Better than 70% of the companies in the industry

Industry median: gross profit DKK 5.1m, net profit DKK 919k, equity DKK 15.4m, 13 employees.

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
Group	Gross profit	Equity
Companies with 20–49 employees9,922 companies in the comparison	No. 8,207of 9,892 Better than 17%	No. 9,297of 9,922 Better than 6%
Same industry and 20–49 employees19 companies in the comparison	No. 13of 19 Better than 33%	No. 19of 19 Better than 0%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 10,560of 33,588 Better than 69%	No. 31,200of 33,687 Better than 7%
All companies of type ApS66,508 companies in the comparison	No. 17,378of 66,379 Better than 74%	No. 62,372of 66,505 Better than 6%

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

Navigator Gas Ship Management (Denmark) ApSDKK 4m
Unifeeder A/SDKK 554.1m
Royal Arctic Line A/SDKK 512.4m

Net profit

Navigator Gas Ship Management (Denmark) ApS−DKK 1.1m
Unifeeder A/SDKK 208.9m
Royal Arctic Line A/SDKK 10.9m

Equity

Navigator Gas Ship Management (Denmark) ApS−DKK 540k
Unifeeder A/SDKK 2.5bn
Royal Arctic Line A/SDKK 648.4m

Employees

Navigator Gas Ship Management (Denmark) ApS33
Unifeeder A/S146
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 Gas (Denmark) ApS100%

Navigator Gas Ship Management (Denmark) ApS

Management

5 active registrations

Executive management

Executive management at Navigator Gas Ship Management (Denmark) ApS
Name	Role	Appointed
Martin Bork	Director	07/02/2014
Michael Schröder	CEO	31/05/2021

Board of directors

Board of directors at Navigator Gas Ship Management (Denmark) ApS
Name	Role	Appointed
Michael Schröder	Board member	28/10/2021
John Gibson Reay	Chair of the board	03/07/2023
Andries Odendaal de Necker	Board member	03/07/2023

Auditor: Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab
Founders: Navigator Gas (Denmark) ApS

Former management (13)

Former management at Navigator Gas Ship Management (Denmark) ApS
Name	Role	Appointed	Resigned
Carsten Haagensen	Chair of the board	07/02/2014	09/01/2018
Anders Hallund Rasmussen	Board member	07/02/2014	21/04/2015
Anders Hallund Rasmussen	CEO	07/02/2014	01/03/2016
Enrique Reinaldo Ide Valenzuela	Board member	07/02/2014	17/06/2020
Dag Karl Albert Von Appen Burose	Board member	07/02/2014	04/08/2021
Martin Fruergaard	CEO	01/03/2016	31/05/2021
Michael Schröder Seemann	Chair of the board	09/01/2018	17/06/2020
Jan Vincent Vermeij Chamy	Board member	17/06/2020	04/08/2021
Christian Harald Csaszar Giesecke	Chair of the board	17/06/2020	04/08/2021
Henry Deans	Chair of the board	10/08/2021	28/10/2021
John Gibson Reay	Board member	10/08/2021	02/07/2023
Niall Joseph Nolan	Board member	10/08/2021	27/10/2021
Niall Joseph Nolan	Chair of the board	28/10/2021	03/07/2023

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)

Navigator Gas (Denmark) ApSSea and coastal freight water transport
Hillebrand Gori Scandinavia A/SOther transportation support activities

Production units
Production unit	Address	Industry	Employees	P number
Navigator Gas Ship Management (Denmark) ApS	Smakkedalen 4, 2820 Gentofte	Sea and coastal freight water transport	33	1019132893

Purpose

Selskabets formål er at agere som teknisk manager af skibe og yde hermed forbundne aktiviteter og services.

The purpose is quoted from the register in Danish.

Changes year by year

41 registered events

12015

22016

02017

22018

02019

42020

132021

32022

42023

22024

12025

12026

20261 changeaccounts 1

18/06AccountsAnnual report for 2025 published

20251 changeaccounts 1

23/06AccountsAnnual report for 2024 published

20242 changesaccounts 2

15/07AccountsAnnual report for 2023 published
07/06AccountsAnnual report for 2022 published

20234 changesmanagement 4

03/07ManagementAndries Odendaal de Necker appointed board member
03/07ManagementJohn Gibson Reay appointed chair of the board
03/07ManagementNiall Joseph Nolan stepped down as chair of the board
02/07ManagementJohn Gibson Reay stepped down as board member

20223 changesname 1 · address 1 · accounts 1

22/11NameName changed from ULTRASHIP ApS to Navigator Gas Ship Management (Denmark) ApS
22/11AddressMoved to Smakkedalen 4, 2820 Gentofte
01/07AccountsAnnual report for 2021 published

202113 changesmanagement 12 · accounts 1

28/10ManagementNiall Joseph Nolan appointed chair of the board
28/10ManagementMichael Schröder appointed board member
28/10ManagementHenry Deans stepped down as chair of the board
27/10ManagementNiall Joseph Nolan stepped down as board member
10/08ManagementHenry Deans appointed chair of the board
10/08ManagementJohn Gibson Reay appointed board member
10/08ManagementNiall Joseph Nolan appointed board member
04/08ManagementChristian Harald Csaszar Giesecke stepped down as chair of the board
04/08ManagementJan Vincent Vermeij Chamy stepped down as board member
04/08ManagementDag Karl Albert Von Appen Burose stepped down as board member
31/05ManagementMichael Schröder appointed ceo
31/05ManagementMartin Fruergaard stepped down as ceo
31/03AccountsAnnual report for 2020 published

20204 changesmanagement 4

17/06ManagementChristian Harald Csaszar Giesecke appointed chair of the board
17/06ManagementJan Vincent Vermeij Chamy appointed board member
17/06ManagementMichael Schröder Seemann stepped down as chair of the board
17/06ManagementEnrique Reinaldo Ide Valenzuela stepped down as board member

20182 changesmanagement 2

09/01ManagementMichael Schröder Seemann appointed chair of the board
09/01ManagementCarsten Haagensen stepped down as chair of the board

20162 changesmanagement 2

01/03ManagementMartin Fruergaard appointed ceo
01/03ManagementAnders Hallund Rasmussen stepped down as ceo

20151 changemanagement 1

21/04ManagementAnders Hallund Rasmussen stepped down as board member

20148 changesfounded 1 · management 6 · ownership 1

07/02FoundedRegistered as ULTRASHIP ApS
07/02ManagementDag Karl Albert Von Appen Burose appointed board member
07/02ManagementMartin Bork appointed director
07/02ManagementAnders Hallund Rasmussen appointed board member
07/02ManagementEnrique Reinaldo Ide Valenzuela appointed board member
07/02ManagementCarsten Haagensen appointed chair of the board
07/02ManagementAnders Hallund Rasmussen appointed ceo
07/02OwnershipNavigator Gas (Denmark) ApS registered as owner (100%)

Related companies

Same industry in Gentofte

Navigator Gas (Denmark) ApS311 employees
Torm A/S255 employees
Dampskibsselskabet Norden A/S241 employees
Ultrabulk A/S92 employees
Lauritzen Bulkers A/S64 employees
Xo Shipping A/S27 employees

See all →

Same people in management

SH Group A/Svia Martin Fruergaard
Navigator Gas (Denmark) ApSvia Anders Hallund Rasmussen
Ultrabulk A/Svia Carsten Haagensen
Royal Arctic Line A/Svia Carsten Haagensen
Cedrela Shipping ApSvia Anders Hallund Rasmussen
Ultranav International ApSvia Carsten Haagensen

Largest in the industry

Unifeeder A/SDKK 554.1m
Royal Arctic Line A/SDKK 512.4m
Torm A/SDKK 388m
Cadeler A/SDKK 383.6m
NCT Offshore A/SDKK 315m
DOF Denmark A/SDKK 205.4m

See all →

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 24/10/2026.

View in CVR Report a correction