Blue World Technologies ApS

Blue World Technologies ApS swung from a loss to a profit in 2025: its annual report shows a profit after tax of EUR 17.8 million, compared with a loss of EUR 32.4 million in 2024. The report says debt write-downs contributed positively to the 2025 result by EUR 7.3 million at the company. Equity stood at EUR 475,491 at the end of 2025, compared with negative equity of EUR 17.3 million a year earlier.

The company and its parent entered restructuring proceedings on 26 February 2025 and exited the process on 23 April 2025. On 23 April, Maersk Oil Trading and Investments A/S became a direct owner of the parent, Blue World Technologies Holding ApS, with 33.33–49.99% of the capital and 33.33% of voting rights. On the same date, Danmarks Eksport- og Investeringsfond became a direct owner with 25–33.32% of the capital and 25% of voting rights, while IDNA GmbH of Switzerland became a direct owner with 5–9.99% of the capital and 5% of voting rights. The fund’s stake in the parent changed to 15–19.99% of the capital and 15% of voting rights on 4 June 2025 and remained at that level on 26 October 2026.

As of 26 October 2026, ECO SEVEN SCSp of Luxembourg was a direct owner of the parent, with 10–14.99% of the capital and 10% of voting rights. Other current foreign direct owners were TRUE NORTH INSTITUTE TRANSITION ALPHA VENTURES, L.P. of the United States and Cycle S.C.A., SICAV- RAIF of Luxembourg, each with 5–9.99% of the capital and 5% of voting rights. A.P. MØLLER - MÆRSK A/S was a direct owner of the parent with 5–9.99% of the capital and 0% of voting rights from 5 September 2025 to 4 June 2026; this stake was no longer current on the as-of date.