BLUE WATER INTERNATIONAL A/S

CVR 78828811 · Public limited company (A/S) · Active · Low risk

BLUE WATER INTERNATIONAL A/S is a Public limited company (A/S), founded on , based in Esbjerg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 451.9m and a net result of DKK 86.5m. CEO: Flemming Busch, Dan Gregers Nissen.

Bankruptcy risk for BLUE WATER INTERNATIONAL A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
78828811
Status
Active
Company type
Public limited company (A/S)
Founded
(41 years)
Address
Trafikhavnskaj 9
6700 Esbjerg
Municipality
Esbjerg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 25.0m
Employees
0 (2015)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 31
Missing annual reportNo
Negative equityNo
Equity ratio55.4%
Current ratio28%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK 86.5mDKK 41.2m
EquityDKK 451.9mDKK 405.9m
Total assetsDKK 815.4mDKK 834.9m
Short-term debtDKK 325.5m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202586
1 Jan 2024 – 31 Dec 202490
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202288
1 Jan 2021 – 31 Dec 202194
1 Jan 2020 – 31 Dec 202085
1 Jan 2019 – 31 Dec 2019135
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013148
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010143
1 Jan 2009 – 31 Dec 2009139
1 Jan 2008 – 31 Dec 2008161
1 Jan 2007 – 31 Dec 2007156
1 Jan 2006 – 31 Dec 2006119

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOFlemming BuschCurrent
CEODan Gregers NissenCurrent
CEOKurt Skov
CEODan Gregers Nissen
CEOThomas Bek
BoardJørgen MeyerCurrent
BoardMerete SøbyCurrent
BoardNiels Stie KaalundCurrent
BoardKurt SkovCurrent
BoardJørgen Dencker WisborgCurrent
BoardAnne Roed SkovCurrent
BoardHenrik Dam LarsenCurrent
BoardLars Peter Ehrhorn
BoardGyrithe Skov
BoardAndy Nørregaard Andersen
BoardMichael Honore
BoardMorten Petersen
BoardNiels Stie Kaalund
BoardCarsten Eskildsen
BoardAllan Vahlun Junge Pedersen
BoardCarsten Steffensen
BoardDan Gregers Nissen
BoardBent Rasmussen
BoardJohnny Søtrup
BoardMorten Petersen
BoardOle Frie
BoardJørgen Meyer
BoardPreben Møller Nielsen
BoardNiels Stie Kaalund
BoardKurt Skov
BoardNiels Stie Kaalund
BoardKurt Skov
BoardPeter Damsboe
BoardNiels Stie Kaalund
BoardKurt Skov
BoardAnne Roed Skov
BoardTorben Bjerre-Madsen
BoardJesper Kristensen
BoardRobert Steen Kledal
BoardJørgen Dencker Wisborg
Owner (100%)BLUE WATER SHIPPING A/SCurrent
Owner (100%)BLUE WATER HOLDING A/S
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Flemming Busch – 9 other companies

Dan Gregers Nissen – 17 other companies

Kurt Skov – 43 other companies, of which 1 bankrupt

Thomas Bek – 7 other companies

Address history (2 moves)

Trafikhavnskaj 9, 6700 Esbjerg
Trafikhavnskaj 11, 6700 Esbjerg
Tværkaj 2, 6700 Esbjerg

Employees per year

Number of employees at BLUE WATER INTERNATIONAL A/S per year482004: 820042005: 720052006: 820062007: 120072008: 120082009: 320092014: 720142015: 02015

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about BLUE WATER INTERNATIONAL A/S

Has BLUE WATER INTERNATIONAL A/S gone bankrupt?

No, BLUE WATER INTERNATIONAL A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BLUE WATER INTERNATIONAL A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of BLUE WATER INTERNATIONAL A/S?

Flemming Busch, Dan Gregers Nissen are the CEOs of BLUE WATER INTERNATIONAL A/S.

Who is the auditor of BLUE WATER INTERNATIONAL A/S?

BLUE WATER INTERNATIONAL A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was BLUE WATER INTERNATIONAL A/S founded?

BLUE WATER INTERNATIONAL A/S was founded on 19 August 1985.

What is the equity of BLUE WATER INTERNATIONAL A/S?

Equity was DKK 451.9m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.