Owners, management and financials
CVR: 34093482
Secondary names: ULTRAGAS ApS
Previous names: ULTRAGAS (EUROPE) ApS, ULTRAGAS ApS
USD 126,542,000
Revenue
Net result: USD 24,412,000
Navigator Holdings Ltd. (100%)
CVR · view owners
Mads Peter Zacho, Michael Schröder
Board: John Gibson Reay (chair) and 2 members
CVR · view management
Active
Founded 29 December 2011
CVR · view overview
10 employees
CVR · 2018
Name registered: Navigator Gas (Denmark) ApS
CVR · 22/11/2022
View the full event history
Navigator Gas (Denmark) ApS is a Danish company of the type Anpartsselskab based in Gentofte, founded in 2011. The company is registered under the industry Sø- og kysttransport af gods. The company was previously named ULTRAGAS ApS and ULTRAGAS (EUROPE) ApS. The management consists of Mads Peter Zacho and Michael Schröder. The board consists of John Gibson Reay (chair), Andries Odendaal de Necker and Michael Schröder. The company is owned by Navigator Holdings Ltd.. The company has 10 employees (2018). In 2025, the company reported revenue of USD 126,542,000 and a net result of USD 24,412,000 compared with USD 21,061,000 the year before. Equity in the 2025 report amounted to USD 90,122,000.
Source: annual report 2025, Danish Business Authority
Navigator Gas (Denmark) ApS demonstrates a strong financial health with consistent profitability and a solid revenue base. In 2025, the company reported revenues of $126.54 million and a profit of $24.41 million, reflecting a stable performance compared to previous years, with a notable increase in equity from $44.65 million in 2023 to $90.12 million in 2025. The gross profit margin has remained robust, indicating effective cost management, although the slight decline in revenue from 2024 to 2025 suggests potential market challenges. With a growing equity position, Navigator Gas is well-positioned within the maritime transport industry, although monitoring market conditions will be crucial for sustaining its profitability trajectory.
AI-generated summary · Generated 20/08/2026
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.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 126.5 mio. USD | 24.4 mio. USD | 108.2 mio. USD | 90.1 mio. USD | 22 | |
| 202401/01/2024 – 31/12/2024 | 129.7 mio. USD | 21.1 mio. USD | 82.3 mio. USD | 65.7 mio. USD | 22 | |
| 202301/01/2023 – 31/12/2023 | 126.6 mio. USD | 24.8 mio. USD | 56.6 mio. USD | 44.6 mio. USD | 18 | |
| 202201/01/2022 – 31/12/2022 | 121.6 mio. | 8.1 mio. | 36.9 mio. | 19.9 mio. | 18 | |
| 202101/01/2021 – 31/12/2021 | 118.4 mio. USD | 6.6 mio. USD | 36.1 mio. USD | 12 mio. USD | 10 | |
| 202001/01/2020 – 31/12/2020 | 105.9 mio. USD | -6.1 mio. USD | 15.1 mio. USD | 119 t. USD | 400 | |
| 201901/01/2019 – 31/12/2019 | 103 mio. USD | -13.7 mio. USD | 20.4 mio. USD | 204 t. USD | - | |
| 201801/01/2018 – 31/12/2018 | 105.3 mio. USD | -7.2 mio. USD | 19.3 mio. USD | 355 t. USD | - | |
| 201701/01/2017 – 31/12/2017 | 95.8 mio. USD | -21.5 mio. USD | 14.2 mio. USD | 3.9 mio. USD | 9 | |
| 201601/01/2016 – 31/12/2016 | 106.7 mio. USD | -10.1 mio. USD | 20.9 mio. USD | 12.3 mio. USD | 9 | |
| 201501/01/2015 – 31/12/2015 | 138.2 mio. USD | 14.6 mio. USD | 25.9 mio. USD | 22.4 mio. USD | 8 | |
| 201401/01/2014 – 31/12/2014 | 93.7 mio. USD | 3.4 mio. USD | 16.6 mio. USD | 8 mio. USD | 6 | |
| 201301/01/2013 – 31/12/2013 | 94 mio. USD | -381 t. USD | 18.2 mio. USD | 4.8 mio. USD | 14 | |
| 201229/12/2011 – 31/12/2012 | 77.3 mio. USD | 3.9 mio. USD | 10 t. USD | 5 t. USD | 9 |
Compared to 246 companies in Sø- og kysttransport af gods
Comparison is based on industry median values
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Read about the CDS scoreThe CVR number of Navigator Gas (Denmark) ApS is 34093482.
Navigator Gas (Denmark) ApS is owned by Navigator Holdings Ltd..
The management of Navigator Gas (Denmark) ApS consists of Mads Peter Zacho and Michael Schröder.
The board of Navigator Gas (Denmark) ApS consists of John Gibson Reay, Andries Odendaal de Necker and Michael Schröder, with John Gibson Reay as chair.
In 2025, Navigator Gas (Denmark) ApS reported revenue of USD 126,542,000.
Navigator Gas (Denmark) ApS had 10 employees in 2018 according to the Danish CVR register.
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Navigator Gas (Denmark) ApS has published its annual report for 2025. Revenue came to DKK 126,542,000, and the net result was DKK 24,412,000.
Navigator Gas (Denmark) ApS has published its annual report for 2024. Revenue came to DKK 129,667,000, and the net result was DKK 21,061,000.
Navigator Gas (Denmark) ApS has published its annual report for 2023. Revenue came to DKK 126,577,000, and the net result was DKK 24,753,000.
Navigator Gas (Denmark) ApS has published its annual report for 2022. Revenue came to DKK 121,588,000, and the net result was DKK 8,074,000.
As of June 30, 2023, Andries Odendaal de Necker has joined the board of directors of Navigator Gas (Denmark) ApS.
As of June 30, 2023, Niall Joseph Nolan has left the board of directors of Navigator Gas (Denmark) ApS.
On November 22, 2022, the company changed its name from ULTRAGAS ApS to Navigator Gas (Denmark) ApS.
As of August 1, 2022, Mads Peter Zacho is registered as adm. dir. of Navigator Gas (Denmark) ApS.
As of August 1, 2022, Michael Schröder is registered as director of Navigator Gas (Denmark) ApS.
As of July 31, 2022, Michael Schröder has stepped down as adm. dir. of Navigator Gas (Denmark) ApS.
Navigator Gas (Denmark) ApS has published its annual report for 2021. Revenue came to DKK 118,429,000, and the net result was DKK 6,553,000.
As of October 28, 2021, Michael Schröder has joined the board of directors of Navigator Gas (Denmark) ApS.
As of October 28, 2021, Niall Joseph Nolan has joined the board of directors of Navigator Gas (Denmark) ApS.
As of October 28, 2021, Henry Deans has left the board of directors of Navigator Gas (Denmark) ApS.
As of October 27, 2021, Niall Joseph Nolan has left the board of directors of Navigator Gas (Denmark) ApS.
As of October 25, 2021, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Navigator Gas (Denmark) ApS.
As of October 25, 2021, EY Godkendt Revisionspartnerselskab has stepped down as auditor of Navigator Gas (Denmark) ApS.
As of August 10, 2021, Henry Deans has joined the board of directors of Navigator Gas (Denmark) ApS.
As of August 10, 2021, John Gibson Reay has joined the board of directors of Navigator Gas (Denmark) ApS.
As of August 10, 2021, Niall Joseph Nolan has joined the board of directors of Navigator Gas (Denmark) ApS.
As of August 4, 2021, Dag Karl Albert von Appen Burose has left the board of directors of Navigator Gas (Denmark) ApS.
As of August 4, 2021, Peter Stokes has left the board of directors of Navigator Gas (Denmark) ApS.
As of August 4, 2021, Raimundo Sanchez Hanisch has left the board of directors of Navigator Gas (Denmark) ApS.
As of August 4, 2021, Jan Vincent Vermeij Chamy has left the board of directors of Navigator Gas (Denmark) ApS.
As of August 4, 2021, is registered as an owner of Navigator Gas (Denmark) ApS with an ownership share of 100%.
As of May 31, 2021, Michael Schröder is registered as adm. dir. of Navigator Gas (Denmark) ApS.
As of May 31, 2021, Martin Fruergaard has stepped down as adm. dir. of Navigator Gas (Denmark) ApS.
Navigator Gas (Denmark) ApS has published its annual report for 2020. Revenue came to DKK 105,878,000, and the net result was DKK -6,111,000.
As of June 17, 2020, Peter Stokes has joined the board of directors of Navigator Gas (Denmark) ApS.
As of June 17, 2020, Raimundo Sanchez Hanisch has joined the board of directors of Navigator Gas (Denmark) ApS.
As of June 17, 2020, Jan Vincent Vermeij Chamy has joined the board of directors of Navigator Gas (Denmark) ApS.
As of June 17, 2020, Carsten Haagensen has left the board of directors of Navigator Gas (Denmark) ApS.
As of June 17, 2020, Enrique Reinaldo Ide Valenzuela has left the board of directors of Navigator Gas (Denmark) ApS.
Navigator Gas (Denmark) ApS has published its annual report for 2019. Revenue came to DKK 102,973,000, and the net result was DKK -13,650,000.
Navigator Gas (Denmark) ApS has published its annual report for 2018. Revenue came to DKK 105,317,000, and the net result was DKK -7,173,000.
Navigator Gas (Denmark) ApS has published its annual report for 2017. Revenue came to DKK 95,751,000, and the net result was DKK -21,547,000.
Navigator Gas (Denmark) ApS has published its annual report for 2016. Revenue came to DKK 106,665,000, and the net result was DKK -10,128,000.
Navigator Gas (Denmark) ApS has published its annual report for 2015. Revenue came to DKK 138,213,000, and the net result was DKK 14,588,000.
As of March 1, 2016, Martin Fruergaard is registered as adm. dir. of Navigator Gas (Denmark) ApS.
As of March 1, 2016, Anders Hallund Rasmussen has stepped down as director of Navigator Gas (Denmark) ApS.
Navigator Gas (Denmark) ApS has published its annual report for 2014. Revenue came to DKK 93,741,000, and the net result was DKK 3,355,000.
Navigator Gas (Denmark) ApS has published its annual report for 2013. Revenue came to DKK 94,044,000, and the net result was DKK -381,000.
Navigator Gas (Denmark) ApS has published its annual report for 2012. Revenue came to DKK 77,275,000, and the net result was DKK 3,926,000.
On January 11, 2013, the company changed its name from ULTRAGAS (EUROPE) ApS to ULTRAGAS ApS.
As of December 29, 2011, EY Godkendt Revisionspartnerselskab has been appointed auditor of Navigator Gas (Denmark) ApS.
As of December 29, 2011, Carsten Haagensen has joined the board of directors of Navigator Gas (Denmark) ApS.
As of December 29, 2011, Dag Karl Albert von Appen Burose has joined the board of directors of Navigator Gas (Denmark) ApS.
As of December 29, 2011, Enrique Reinaldo Ide Valenzuela has joined the board of directors of Navigator Gas (Denmark) ApS.
As of December 29, 2011, Anders Hallund Rasmussen is registered as director of Navigator Gas (Denmark) ApS.
Navigator Gas (Denmark) ApS was founded on December 29, 2011.
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