Owners, management and financials
CVR: 29537216
Previous names: MAERSK CONTRACTORS FPSO CONSTRUCTION A/S, MAERSK OFFSHORE PRODUCTION AUSTRALIA A/S, MAERSK FPSOS AUSTRALIA A/S
AUD 32,551,000
Gross profit
Net result: AUD 20,495,000
SVITZER A/S (100%)
CVR · view owners
Michael Andrew Hill
Board: Knud Lind Winkler (chair) and 2 members
CVR · view management
Active
Founded 10 April 2006
CVR · view overview
2 employees
Annual report 2025 · average
Director role ended: Nicolaj Noes
CVR · 26/04/2021
View the full event history
SVITZER TOWAGE A/S is a Danish company of the type Aktieselskab based in København Ø, founded in 2006. The company is registered under the industry Drift af bugserings-, bjærgnings- og redningsvæsen mv.. The company was previously named MAERSK FPSOS AUSTRALIA A/S and MAERSK OFFSHORE PRODUCTION AUSTRALIA A/S. The management consists of Michael Andrew Hill. The board consists of Knud Lind Winkler (chair), David Paul Phillips and Michael Andrew Hill. The company is owned by SVITZER A/S. According to the 2025 annual report, the company had an average of 2 employees. In 2025, the company reported a gross profit of AUD 32,551,000 and a net result of AUD 20,495,000 compared with AUD 29,172,000 the year before. Equity in the 2025 report amounted to AUD 247,560,000.
Source: annual report 2025, Danish Business Authority
The financial health of SVITZER TOWAGE A/S appears stable, with consistent gross profits and profits over the past few years. In 2025, the company reported a gross profit of 32.55 million AUD and a profit of 20.50 million AUD, although revenue figures remain undisclosed. Notably, equity has decreased from 500.41 million USD in 2022 to 247.56 million AUD in 2025, indicating a significant reduction in financial strength. The company maintains a solid position within the towage and salvage industry, but the declining equity could raise concerns regarding long-term sustainability and investment capacity.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive bjærgnings-, dykker-, bugserings-, udpumpnings-, sprængnings- og lignende virksomhed, herunder assistance ved udnyttelse af råstoffer i havbunden og nedlægning af kabler, etc. med selskabets egne eller dertil fragtede skibe, fartøjer og andet materiel, at deltage i andre foretagender med lignende formål ved at erhverve sig andel i dem eller indgå overenskomster om fælles virksomhed, at yde koncernintern finansiering til associerede virksomheder (herunder filialer) samt at påtage sig forretninger, der efter bestyrelsens skøn direkte eller indirekte måtte flyde af eller stå i forbindelse med ovennævnte virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | - | 20.5 mio. AUD | 449.2 mio. AUD | 247.6 mio. AUD | 2 | |
| 202401/01/2024 – 31/12/2024 | - | 29.2 mio. AUD | 457.8 mio. AUD | 256.1 mio. AUD | 2 | |
| 202301/01/2023 – 31/12/2023 | - | 26.5 mio. AUD | 429 mio. AUD | 426.9 mio. AUD | 2 | |
| 202201/01/2022 – 31/12/2022 | - | 26 mio. USD | 500.5 mio. USD | 500.4 mio. USD | 2 | |
| 202101/01/2021 – 31/12/2021 | - | 24.6 mio. USD | 474.7 mio. USD | 474.5 mio. USD | 2 | |
| 202001/01/2020 – 31/12/2020 | - | 28.2 mio. AUD | 450 mio. AUD | 449.9 mio. AUD | 2 | |
| 201901/01/2019 – 31/12/2019 | - | 28.3 mio. AUD | 436.6 mio. AUD | 421.7 mio. AUD | 2 | |
| 201801/01/2018 – 31/12/2018 | 31.4 mio. AUD | -11.3 mio. AUD | 515.2 mio. AUD | 393.4 mio. AUD | - | |
| 201701/01/2017 – 31/12/2017 | - | 33.5 mio. AUD | 247.2 mio. AUD | 232.7 mio. AUD | - | |
| 201601/01/2016 – 31/12/2016 | - | 15.8 mio. AUD | 205.7 mio. AUD | 199.1 mio. AUD | - | |
| 201501/01/2015 – 31/12/2015 | - | 24 mio. AUD | 198.5 mio. AUD | 181.6 mio. AUD | 1 | |
| 201401/01/2014 – 31/12/2014 | - | -285 t. | 107.5 mio. | 102.7 mio. | 0 | |
| 201301/01/2013 – 31/12/2013 | 0 | 15.2 mio. | 93.9 mio. | 93.2 mio. | - |
Compared to 88 companies in Drift af bugserings-, bjærgnings- og redningsvæsen mv.
Comparison is based on industry median values
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Set up monitoringThe CVR number of SVITZER TOWAGE A/S is 29537216.
SVITZER TOWAGE A/S is owned by SVITZER A/S.
The management of SVITZER TOWAGE A/S consists of Michael Andrew Hill.
The board of SVITZER TOWAGE A/S consists of Knud Lind Winkler, David Paul Phillips and Michael Andrew Hill, with Knud Lind Winkler as chair.
In 2025, SVITZER TOWAGE A/S reported a gross profit of AUD 32,551,000.
SVITZER TOWAGE A/S had an average of 2 employees in the 2025 financial year according to the annual report.
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SVITZER TOWAGE A/S has published its annual report for 2025. Gross profit came to DKK 32,551,000, and the net result was DKK 20,495,000.
Contact info changed: new phone: 33633363 (March 13, 2026).
Contact info changed: new phone: 33633363 (January 15, 2026).
SVITZER TOWAGE A/S has published its annual report for 2024. Gross profit came to DKK 33,181,000, and the net result was DKK 29,172,000.
SVITZER TOWAGE A/S has published its annual report for 2023. Gross profit came to DKK 26,224,000, and the net result was DKK 26,480,000.
SVITZER TOWAGE A/S has published its annual report for 2022. Gross profit came to DKK 25,483,000, and the net result was DKK 25,961,000.
SVITZER TOWAGE A/S has published its annual report for 2021. Gross profit came to DKK 27,494,000, and the net result was DKK 24,579,000.
SVITZER TOWAGE A/S has published its annual report for 2020. Gross profit came to DKK 30,100,000, and the net result was DKK 28,204,000.
As of April 26, 2021, Michael Andrew Hill has joined the board of directors of SVITZER TOWAGE A/S.
As of April 26, 2021, Nicolaj Noes has left the board of directors of SVITZER TOWAGE A/S.
As of April 26, 2021, Michael Andrew Hill is registered as director of SVITZER TOWAGE A/S.
As of April 26, 2021, Nicolaj Noes has stepped down as director of SVITZER TOWAGE A/S.
As of February 17, 2021, Nicolaj Noes has joined the board of directors of SVITZER TOWAGE A/S.
As of February 17, 2021, Laavanya Paripurapavan has left the board of directors of SVITZER TOWAGE A/S.
As of February 17, 2021, Nicolaj Noes is registered as director of SVITZER TOWAGE A/S.
As of February 17, 2021, Laavanya Paripurapavan has stepped down as director of SVITZER TOWAGE A/S.
SVITZER TOWAGE A/S has published its annual report for 2019. Gross profit came to DKK 30,316,000, and the net result was DKK 28,266,000.
SVITZER TOWAGE A/S has published its annual report for 2018. Revenue came to DKK 31,385,000, and the net result was DKK -11,256,000.
As of February 12, 2019, Laavanya Paripurapavan has joined the board of directors of SVITZER TOWAGE A/S.
As of February 12, 2019, Karl Fredrik Mikael Thorngren has left the board of directors of SVITZER TOWAGE A/S.
As of February 12, 2019, Laavanya Paripurapavan is registered as director of SVITZER TOWAGE A/S.
As of February 12, 2019, Karl Fredrik Mikael Thorngren has stepped down as director of SVITZER TOWAGE A/S.
SVITZER TOWAGE A/S has published its annual report for 2017. Gross profit came to DKK 25,853,000, and the net result was DKK 33,477,000.
SVITZER TOWAGE A/S has published its annual report for 2016. Gross profit came to DKK 14,270,000, and the net result was DKK 15,841,000.
SVITZER TOWAGE A/S has published its annual report for 2015. Gross profit came to DKK 3,915,000, and the net result was DKK 23,956,000.
As of April 29, 2016, SVITZER A/S is registered as an owner of SVITZER TOWAGE A/S with an ownership share of 100%.
As of February 3, 2016, Karl Fredrik Mikael Thorngren has joined the board of directors of SVITZER TOWAGE A/S.
As of February 3, 2016, Karl Fredrik Mikael Thorngren is registered as director of SVITZER TOWAGE A/S.
As of February 3, 2016, David Paul Phillips has stepped down as director of SVITZER TOWAGE A/S.
As of February 2, 2016, Kasper Friis Nilaus has left the board of directors of SVITZER TOWAGE A/S.
As of October 30, 2015, David Paul Phillips has joined the board of directors of SVITZER TOWAGE A/S.
As of October 30, 2015, Michael Charles Coleman has left the board of directors of SVITZER TOWAGE A/S.
As of October 30, 2015, David Paul Phillips is registered as director of SVITZER TOWAGE A/S.
As of October 30, 2015, Michael Charles Coleman has stepped down as director of SVITZER TOWAGE A/S.
SVITZER TOWAGE A/S has published its annual report for 2014. Gross profit came to DKK -10,000, and the net result was DKK -285,000.
As of October 21, 2014, Kasper Friis Nilaus has joined the board of directors of SVITZER TOWAGE A/S.
As of October 21, 2014, Knud Lind Winkler has joined the board of directors of SVITZER TOWAGE A/S.
As of October 21, 2014, Mark Malone has left the board of directors of SVITZER TOWAGE A/S.
As of October 21, 2014, Michael Charles Coleman is registered as director of SVITZER TOWAGE A/S.
As of October 21, 2014, Knud Lind Winkler has stepped down as director of SVITZER TOWAGE A/S.
SVITZER TOWAGE A/S has published its annual report for 2013. Revenue came to DKK 0, and the net result was DKK 15,191,000.
As of May 28, 2014, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of SVITZER TOWAGE A/S.
As of May 28, 2014, EY Godkendt Revisionspartnerselskab has stepped down as auditor of SVITZER TOWAGE A/S.
As of January 3, 2014, Knud Lind Winkler is registered as director of SVITZER TOWAGE A/S.
As of January 3, 2014, Lars Bjørn Heineke has stepped down as director of SVITZER TOWAGE A/S.
As of December 20, 2013, EY Godkendt Revisionspartnerselskab has been appointed auditor of SVITZER TOWAGE A/S.
As of December 20, 2013, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of SVITZER TOWAGE A/S.
As of December 20, 2013, EY Godkendt Revisionspartnerselskab has stepped down as auditor of SVITZER TOWAGE A/S.
As of December 20, 2013, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of SVITZER TOWAGE A/S.
As of December 20, 2013, Mark Malone has joined the board of directors of SVITZER TOWAGE A/S.
As of December 20, 2013, Michael Charles Coleman has joined the board of directors of SVITZER TOWAGE A/S.
As of December 20, 2013, Samir Abboud has left the board of directors of SVITZER TOWAGE A/S.
As of December 20, 2013, Marianne Sørensen Henriksen has left the board of directors of SVITZER TOWAGE A/S.
As of December 20, 2013, Stig Hoffmeyer has left the board of directors of SVITZER TOWAGE A/S.
On December 20, 2013, the company changed its name from MAERSK FPSOS AUSTRALIA A/S to SVITZER TOWAGE A/S.
SVITZER TOWAGE A/S has published its annual report for 2012.
As of May 9, 2011, Lars Bjørn Heineke is registered as director of SVITZER TOWAGE A/S.
As of May 9, 2011, Christopher Allan Brett has stepped down as director of SVITZER TOWAGE A/S.
As of October 18, 2010, Stig Hoffmeyer has joined the board of directors of SVITZER TOWAGE A/S.
As of October 18, 2010, Claus Michael Valentin Hemmingsen has left the board of directors of SVITZER TOWAGE A/S.
As of October 18, 2010, Christopher Allan Brett is registered as director of SVITZER TOWAGE A/S.
As of October 18, 2010, Paul Hans Carsten Pedersen has stepped down as director of SVITZER TOWAGE A/S.
As of May 1, 2009, Paul Hans Carsten Pedersen is registered as director of SVITZER TOWAGE A/S.
As of May 1, 2009, Jørn Peter Madsen has stepped down as director of SVITZER TOWAGE A/S.
As of September 1, 2008, Marianne Sørensen Henriksen has joined the board of directors of SVITZER TOWAGE A/S.
As of September 1, 2008, Paul Hans Carsten Pedersen has left the board of directors of SVITZER TOWAGE A/S.
As of September 1, 2008, Jørn Peter Madsen is registered as director of SVITZER TOWAGE A/S.
As of September 1, 2008, Peter Rønnest Andersen has stepped down as director of SVITZER TOWAGE A/S.
On September 1, 2008, the company changed its name from MAERSK OFFSHORE PRODUCTION AUSTRALIA A/S to MAERSK FPSOS AUSTRALIA A/S.
As of May 28, 2008, EY Godkendt Revisionspartnerselskab has been appointed auditor of SVITZER TOWAGE A/S.
As of May 28, 2008, CJ Partnership I/S has stepped down as auditor of SVITZER TOWAGE A/S.
On December 17, 2007, the company changed its name from MAERSK CONTRACTORS FPSO CONSTRUCTION A/S to MAERSK OFFSHORE PRODUCTION AUSTRALIA A/S.
As of April 10, 2006, CJ Partnership I/S has been appointed auditor of SVITZER TOWAGE A/S.
As of April 10, 2006, Samir Abboud has joined the board of directors of SVITZER TOWAGE A/S.
As of April 10, 2006, Claus Michael Valentin Hemmingsen has joined the board of directors of SVITZER TOWAGE A/S.
As of April 10, 2006, Paul Hans Carsten Pedersen has joined the board of directors of SVITZER TOWAGE A/S.
As of April 10, 2006, Peter Rønnest Andersen is registered as director of SVITZER TOWAGE A/S.
SVITZER TOWAGE A/S was founded on April 10, 2006.
Uneven Bits ApS is an independent IT consultancy founded and operated by Klaus Byskov Pedersen. With deep expertise in software architecture and systems design, I help organizations build robust, scalable, and maintainable technical solutions. Whether you need strategic guidance on technology decisions, hands-on architecture work, or help navigating complex technical challenges, I bring focused expertise and a practical approach to every engagement.
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
Selskabets formål er IT- og kommunikationsvirksomhed samt virksomhed i øvrigt, der efter bestyrelsens skøn står i forbindelse hermed.
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