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United Overseas Trading Europe ApS

Private limited companyCVR 37327190HellerupActive

United Overseas Trading Europe ApS is a private limited company, based in Hellerup, active in other transportation support activities, founded in 2015. The company went from a profit in 2024 to a loss of DKK 5.2m in 2025. Equity fell to DKK 175k in 2025.

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Key figures · financial year 2025

Gross profitDKK 6.9m−56.4% vs. 2024
Net profit−DKK 5.2m−895.4% vs. 2024
EquityDKK 175k−96.7% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 56% (2024 → 2025), to DKK 6.9m.
  • Net profit went from a profit of DKK 650k to a loss of DKK 5.2m (2024 → 2025).
  • Equity fell 97% (2024 → 2025), to DKK 175k.

Employees

  • 4 fewer employees than a year earlier: 5 (07/2026) against 9 (07/2025).

Management and owners, last 24 months

  • New in management: Stewart Malcolm Crawford (board member, 02/02/2026), Antonios Vrondissis (board member, 02/02/2026) and Jesper Abild Andersen (ceo, 01/04/2026).
  • Stepped down: Ashfaque Jamil Rahman (chair of the board, 02/02/2026), Kazi Ishtiaque Rumi (board member, 02/02/2026) and Tareef Jamil Rahman (board member, 16/04/2025) (+1).
  • New owners registered: United Overseas Trading Sub 1 LLC (02/02/2026).
  • No longer registered as owner: Norvic Shipping International Ltd (02/02/2026).

Registrations, last 24 months

  • 12/02/2026: Name changed from Norvic Shipping Europe ApS to United Overseas Trading Europe ApS
  • 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 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6m202020212022202320242025
EquityNet profit
Financial figures for United Overseas Trading Europe ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit15,24115,28319,60320,89515,8546,915−56.4%
Operating profit (EBIT)1,2598189641,365923−4,640−602.6%
Profit before tax8779131,0381,107844−5,013−694.1%
Net profit736668717839650−5,168−895.4%
Total assets5,2425,4045,4436,4426,0241,468−75.6%
Equity2,4693,1373,8544,6935,343175−96.7%
Liabilities2,7722,2671,5881,7496811,294+89.9%
Cash and cash equivalents1983333803633,354347−89.6%
Average number of employees13–1115149−35.7%

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 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
Gross profitMedian, the industry (372 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 97% from 2024 to 2025 (DKK 5.3m to DKK 175k).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Fewer employees

    The number of employees fell 36% from 14 in 2024 to 9 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 United Overseas Trading Europe ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202409/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202326/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202226/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202105/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202020/07/2021The 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
02468101214161808/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 6.9mNo. 174 of 371
Better than 53% of the companies in the industry
EquityDKK 175kNo. 321 of 372
Better than 14% of the companies in the industry
Number of employees5No. 150 of 372
Better than 60% 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 fewer than 20 employees69,967 companies in the comparison
No. 8,746of 69,742
Better than 87%
No. 51,534of 69,964
Better than 26%
Same industry and fewer than 20 employees264 companies in the comparison
No. 77of 264
Better than 71%
No. 222of 264
Better than 16%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 6,391of 33,588
Better than 81%
No. 24,550of 33,687
Better than 27%
All companies of type ApS66,508 companies in the comparison
No. 9,614of 66,379
Better than 86%
No. 47,625of 66,505
Better than 28%

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. United Overseas Trading Europe ApSDKK 6.9m
  2. DSV Road A/SDKK 1.2bn
  3. Scan Global Logistics A/SDKK 829.9m
Net profit
  1. United Overseas Trading Europe ApS−DKK 5.2m
  2. DSV Road A/S−DKK 894k
  3. Scan Global Logistics A/SDKK 112m
Equity
  1. United Overseas Trading Europe ApSDKK 175k
  2. DSV Road A/SDKK 403.4m
  3. Scan Global Logistics A/SDKK 2.4bn
Employees
  1. United Overseas Trading Europe ApS5
  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
  • United Overseas Trading Sub 1 LLC100%
United Overseas Trading Europe ApS

Management

3 active registrations

Executive management

Executive management at United Overseas Trading Europe ApS
NameRoleAppointed
Jesper Abild AndersenCEO01/04/2026

Board of directors

Board of directors at United Overseas Trading Europe ApS
NameRoleAppointed
Stewart Malcolm CrawfordBoard member02/02/2026
Antonios VrondissisBoard member02/02/2026
Founders
Norvic Maritime Holdings Inc.
Former management (16)
Former management at United Overseas Trading Europe ApS
NameRoleAppointedResigned
Ashfaque Jamil RahmanCEO28/12/201501/01/2016
Ashfaque Jamil RahmanChair of the board28/12/201531/07/2018
Mahween RahmanBoard member28/12/201525/08/2020
Henrik Francke JeremiassenCEO01/01/201614/01/2019
Henrik Francke JeremiassenBoard member20/04/201814/01/2019
Peter BorupChair of the board01/08/201810/06/2020
Ashfaque Jamil RahmanBoard member01/08/201809/06/2020
Peter BorupCEO14/01/201901/06/2019
Michael Irvine FengerCEO01/06/201910/09/2021
Ashfaque Jamil RahmanChair of the board10/06/202002/02/2026
Kazi Ishtiaque RumiBoard member25/08/202002/02/2026
Niels Kjær-PetersenCEO10/09/202125/01/2024
Tareef Jamil RahmanBoard member04/08/202216/04/2025
Jacob Koch BlicherCEO25/01/202425/07/2024
Michael BoetiusCEO25/07/202402/09/2024
Mads HaugaardCEO02/09/202401/04/2026

Signing rule: Selskabet tegnes af et medlem af bestyrelsen.

Address and production units

1 active production units

Strandvejen 100
2900 Hellerup

Gentofte Municipality · Postcode 2900

Production units
Production unitAddressEmployeesP number
United Overseas Trading Europe ApSStrandvejen 100, 1, 2900 Hellerup51021009640

Purpose

Selskabets formål er at yde service indenfor befragtning, management og operation af skibe samt post fixture services i denne forbindelse.

The purpose is quoted from the register in Danish.

Changes year by year

52 registered events
202610 changesaccounts 1 · management 6 · name 1 · ownership 2
  • Annual report for 2025 published
  • Jesper Abild Andersen appointed ceo
  • Mads Haugaard stepped down as ceo
  • Name changed from Norvic Shipping Europe ApS to United Overseas Trading Europe ApS
  • Antonios Vrondissis appointed board member
  • Stewart Malcolm Crawford appointed board member
  • Kazi Ishtiaque Rumi stepped down as board member
  • Ashfaque Jamil Rahman stepped down as chair of the board
  • United Overseas Trading Sub 1 LLC registered as owner (100%)
  • Norvic Shipping International Ltd is no longer registered as owner
20253 changesmanagement 1 · accounts 1 · industry 1
  • Tareef Jamil Rahman stepped down as board member
  • Annual report for 2024 published
  • Industry changed to Other transportation support activities (522600)
20247 changesmanagement 6 · accounts 1
  • Mads Haugaard appointed ceo
  • Michael Boetius stepped down as ceo
  • Michael Boetius appointed ceo
  • Jacob Koch Blicher stepped down as ceo
  • Annual report for 2023 published
  • Jacob Koch Blicher appointed ceo
  • Niels Kjær-Petersen stepped down as ceo
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesmanagement 1 · accounts 1
  • Tareef Jamil Rahman appointed board member
  • Annual report for 2021 published
20214 changesmanagement 2 · address 1 · accounts 1
  • Niels Kjær-Petersen appointed ceo
  • Michael Irvine Fenger stepped down as ceo
  • Moved to Strandvejen 100, 1, 2900 Hellerup
  • Annual report for 2020 published
20205 changesmanagement 5
  • Kazi Ishtiaque Rumi appointed board member
  • Mahween Rahman stepped down as board member
  • Ashfaque Jamil Rahman appointed chair of the board
  • Peter Borup stepped down as chair of the board
  • Ashfaque Jamil Rahman stepped down as board member
20195 changesmanagement 5
  • Michael Irvine Fenger appointed ceo
  • Peter Borup stepped down as ceo
  • Peter Borup appointed ceo
  • Henrik Francke Jeremiassen stepped down as board member
  • Henrik Francke Jeremiassen stepped down as ceo
20187 changesownership 2 · management 4 · address 1
  • Norvic Shipping International Ltd registered as owner (100%)
  • Norvic Maritime Holdings Inc. is no longer registered as owner
  • Ashfaque Jamil Rahman appointed board member
  • Peter Borup appointed chair of the board
  • Ashfaque Jamil Rahman stepped down as chair of the board
  • Moved to Philip Heymans Alle 29, 2, 2900 Hellerup
  • Henrik Francke Jeremiassen appointed board member
20163 changesaddress 1 · management 2
  • Moved to Rungsted Havn 30, 1. th, 2960 Rungsted Kyst
  • Henrik Francke Jeremiassen appointed ceo
  • Ashfaque Jamil Rahman stepped down as ceo
20155 changesfounded 1 · management 3 · ownership 1
  • Registered as Norvic Shipping Europe ApS
  • Ashfaque Jamil Rahman appointed chair of the board
  • Mahween Rahman appointed board member
  • Ashfaque Jamil Rahman appointed ceo
  • Norvic Maritime Holdings Inc. registered as owner (100%)

Related companies

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 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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