Owners, management and financials
CVR: 32333923
Secondary names: ULTRASHIP ApS
Previous names: ULTRASHIP ApS
USD 9,948,000
Revenue
Net result: USD -1,105,000
Navigator Gas (Denmark) ApS (100%)
CVR · view owners
Michael Schröder, Martin Bork
Board: John Gibson Reay (chair) and 2 members
CVR · view management
Active
Founded 7 February 2014
CVR · view overview
33 employees
CVR · 2026
Name registered: Navigator Gas Ship Management (Denmark) ApS
CVR · 22/11/2022
View the full event history
Navigator Gas Ship Management (Denmark) ApS is a Danish company of the type Anpartsselskab based in Gentofte, founded in 2014. The company is registered under the industry Sø- og kysttransport af gods. The company was previously named ULTRASHIP ApS. The management consists of Michael Schröder and Martin Bork. The board consists of John Gibson Reay (chair), Andries Odendaal de Necker and Michael Schröder. The company is owned by Navigator Gas (Denmark) ApS. The company has 33 employees (2026). In 2025, the company reported revenue of USD 9,948,000 and a net result of USD -1,105,000 compared with USD -1,655,000 the year before. Equity in the 2025 report amounted to USD -540,000.
Source: annual report 2025, Danish Business Authority
The financial health of Navigator Gas Ship Management (Denmark) ApS shows a concerning trajectory, with consistent losses over the past few years. In 2025, the company reported revenues of $9.95 million and a gross profit of $3.96 million, yet still incurred a loss of $1.1 million, reflecting ongoing profitability challenges. Equity has fluctuated negatively, dropping to -$540,000 in 2025 from a positive $565,000 in 2024, indicating potential solvency issues. While revenue has increased significantly from $4.62 million in 2023 to nearly $10 million in 2025, the persistent losses and declining equity raise concerns about the company's financial stability and ability to compete effectively in the maritime transport industry.
AI-generated summary · Generated 20/08/2026
Selskabets formål er at agere som teknisk manager af skibe og yde hermed forbundne aktiviteter og services.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 9.9 mio. USD | -1.1 mio. USD | 3.5 mio. USD | -540 t. USD | 30 | |
| 202401/01/2024 – 31/12/2024 | 7.9 mio. USD | -1.7 mio. USD | 3.5 mio. USD | 565 t. USD | 32 | |
| 202301/01/2023 – 31/12/2023 | 4.6 mio. USD | -1.3 mio. USD | 1.8 mio. USD | -980 t. USD | 30 | |
| 202201/01/2022 – 31/12/2022 | 3.9 mio. | -1.9 mio. | 2.7 mio. | 305 t. | 30 | |
| 202101/01/2021 – 31/12/2021 | 4.2 mio. USD | -1.4 mio. USD | 3.3 mio. USD | 244 t. USD | 25 | |
| 202001/01/2020 – 31/12/2020 | 4.4 mio. USD | -1.2 mio. USD | 1.7 mio. USD | 135 t. USD | 27 | |
| 201901/01/2019 – 31/12/2019 | 4.6 mio. USD | -1.2 mio. USD | 1.5 mio. USD | 153 t. USD | 25 | |
| 201801/01/2018 – 31/12/2018 | 4.2 mio. USD | -1.7 mio. USD | 1.1 mio. USD | 197 t. USD | - | |
| 201701/01/2017 – 31/12/2017 | 4.4 mio. USD | -1.3 mio. USD | 1.4 mio. USD | 185 t. USD | - | |
| 201601/01/2016 – 31/12/2016 | 3.9 mio. USD | -1.1 mio. USD | 1.1 mio. USD | 182 t. USD | - | |
| 201501/01/2015 – 31/12/2015 | 2.9 mio. USD | -1.6 mio. USD | 961 t. USD | 176 t. USD | - | |
| 201407/02/2014 – 31/12/2014 | 546 t. USD | -4 mio. USD | 571 t. USD | 178 t. USD | - |
Compared to 245 companies in Sø- og kysttransport af gods
Comparison is based on industry median values
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See the API documentationThe CVR number of Navigator Gas Ship Management (Denmark) ApS is 32333923.
Navigator Gas Ship Management (Denmark) ApS is owned by Navigator Gas (Denmark) ApS.
The management of Navigator Gas Ship Management (Denmark) ApS consists of Michael Schröder and Martin Bork.
The board of Navigator Gas Ship Management (Denmark) ApS consists of John Gibson Reay, Andries Odendaal de Necker and Michael Schröder, with John Gibson Reay as chair.
In 2025, Navigator Gas Ship Management (Denmark) ApS reported revenue of USD 9,948,000.
Navigator Gas Ship Management (Denmark) ApS had 33 employees in 2026 according to the Danish CVR register.
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Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2025. Revenue came to DKK 9,948,000, and the net result was DKK -1,105,000.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2024. Revenue came to DKK 7,907,000, and the net result was DKK -1,655,000.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2023. Revenue came to DKK 4,621,000, and the net result was DKK -1,285,000.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2022. Revenue came to DKK 3,879,000, and the net result was DKK -1,878,000.
As of July 3, 2023, John Gibson Reay has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of July 3, 2023, Andries Odendaal de Necker has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of July 3, 2023, Niall Joseph Nolan has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of July 2, 2023, John Gibson Reay has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
On November 22, 2022, the company changed its name from ULTRASHIP ApS to Navigator Gas Ship Management (Denmark) ApS.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2021. Revenue came to DKK 4,247,000, and the net result was DKK -1,391,000.
As of October 28, 2021, Michael Schröder has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of October 28, 2021, Niall Joseph Nolan has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of October 28, 2021, Henry Deans has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of October 27, 2021, Niall Joseph Nolan has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of October 25, 2021, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Navigator Gas Ship Management (Denmark) ApS.
As of October 25, 2021, EY Godkendt Revisionspartnerselskab has stepped down as auditor of Navigator Gas Ship Management (Denmark) ApS.
As of August 10, 2021, Henry Deans has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of August 10, 2021, John Gibson Reay has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of August 10, 2021, Niall Joseph Nolan has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of August 4, 2021, Dag Karl Albert Von Appen Burose has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of August 4, 2021, Jan Vincent Vermeij Chamy has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of August 4, 2021, Christian Harald Csaszar Giesecke has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of May 31, 2021, Michael Schröder is registered as adm. dir. of Navigator Gas Ship Management (Denmark) ApS.
As of May 31, 2021, Martin Fruergaard has stepped down as adm. dir. of Navigator Gas Ship Management (Denmark) ApS.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2020. Revenue came to DKK 4,402,000, and the net result was DKK -1,218,000.
As of June 17, 2020, Jan Vincent Vermeij Chamy has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of June 17, 2020, Christian Harald Csaszar Giesecke has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of June 17, 2020, Enrique Reinaldo Ide Valenzuela has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of June 17, 2020, Michael Schröder Seemann has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2019. Revenue came to DKK 4,578,000, and the net result was DKK -1,244,000.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2018. Revenue came to DKK 4,185,000, and the net result was DKK -1,725,000.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2017. Revenue came to DKK 4,372,000, and the net result was DKK -1,347,000.
As of January 9, 2018, Michael Schröder Seemann has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of January 9, 2018, Carsten Haagensen has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2016. Revenue came to DKK 3,853,000, and the net result was DKK -1,142,000.
Navigator Gas Ship Management (Denmark) ApS has published its annual report for 2015. Revenue came to DKK 2,917,000, and the net result was DKK -1,602,000.
As of March 1, 2016, Martin Fruergaard is registered as adm. dir. of Navigator Gas Ship Management (Denmark) ApS.
As of March 1, 2016, Anders Hallund Rasmussen has stepped down as adm. dir. of Navigator Gas Ship Management (Denmark) ApS.
Navigator Gas Ship Management (Denmark) ApS has published its interim report for the period February 7, 2014 – December 31, 2014.
As of April 21, 2015, Anders Hallund Rasmussen has left the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of February 7, 2014, EY Godkendt Revisionspartnerselskab has been appointed auditor of Navigator Gas Ship Management (Denmark) ApS.
As of February 7, 2014, Carsten Haagensen has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of February 7, 2014, Anders Hallund Rasmussen has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of February 7, 2014, Enrique Reinaldo Ide Valenzuela has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of February 7, 2014, Dag Karl Albert Von Appen Burose has joined the board of directors of Navigator Gas Ship Management (Denmark) ApS.
As of February 7, 2014, Anders Hallund Rasmussen is registered as adm. dir. of Navigator Gas Ship Management (Denmark) ApS.
As of February 7, 2014, Martin Bork is registered as director of Navigator Gas Ship Management (Denmark) ApS.
As of February 7, 2014, Navigator Gas (Denmark) ApS is registered as an owner of Navigator Gas Ship Management (Denmark) ApS with an ownership share of 100%.
Navigator Gas Ship Management (Denmark) ApS was founded on February 7, 2014.
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