Semco Maritime

Semco Maritime is an engineering and contracting company dedicated to projects in the energy sector. It provides design, fabrication, installation, project management, and maintenance services. The company serves the renewable and oil and gas energy sectors.

Employee Rating

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TypeSubsidiary
HQEsbjerg, DK
Websitesemcomaritime.com
Cybersecurity ratingBMore
Semco Maritime is headquartered in Esbjerg, DK

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Key People/Management at Semco Maritime

Steen Brødbæk

Steen Brødbæk

CEO
Jørgen Devantier Gade

Jørgen Devantier Gade

CFO
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Semco Maritime Office Locations

Semco Maritime has offices in Esbjerg, Ballerup, Houston, Hauglandshella and in 5 other locations
Esbjerg, DK (HQ)
Esbjerg Brygge 30
Ballerup, DK
Borupvang
Esbjerg, DK
Staget 1, 3029
Hauglandshella, NO
Hanøytangen 128
Hauglandshella, NO
Hanøytangen 128
Singapore, SG
20 Toh Guan Rd, Main Office
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Semco Maritime Financials and Metrics

Semco Maritime Revenue

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Semco Maritime's revenue was reported to be kr1.9 b in FY, 2019 which is a 6.7% decrease from the previous period.
DKKFY, 2017FY, 2018FY, 2019

Revenue

1.4b2.0b1.9b

Revenue growth, %

45%(7%)

Cost of goods sold

431.9m924.7m745.8m

Gross profit

975.9m1.1b1.2b
DKKFY, 2017FY, 2018FY, 2019

Cash

14.9m18.0m18.8m

Accounts Receivable

250.3m272.4m324.8m

Prepaid Expenses

8.2m9.8m7.0m

Inventories

15.4m16.4m13.1m
DKKFY, 2017FY, 2018FY, 2019

Inventories

4.1m(1.0m)(100.0k)

Cash From Operating Activities

(38.5m)25.7m(72.4m)

Purchases of PP&E

(16.8m)(6.0m)(15.2m)

Cash From Investing Activities

(19.0m)(6.6m)(23.3m)
DKKFY, 2017

Revenue/Employee

1.3m

Debt/Equity

0.5 x

Debt/Assets

0.1 x

Financial Leverage

5.3 x
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Semco Maritime Revenue Breakdown

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Semco Maritime revenue breakdown by business segment: 80.8% from Oil & Gas and 19.2% from Renewables

Semco Maritime revenue breakdown by geographic segment: 43.4% from International and 56.6% from Denmark

Semco Maritime Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Semco Maritime Online and Social Media Presence

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Semco Maritime News and Updates

Gunnar Groebler Nominated for the Board of Directors

At the general meeting on 20 April 2021, Gunnar Groebler, Germany, will be nominated as a new board member of Semco Maritime A/S to further strengthen the Board of Directors’ competencies in sustainable energy and technology.

Semco Maritime Is Investing in Green Growth

As part of Semco Maritime’s strategic ambition to grow the Renewables business areas by 2023, the Group will invest tens of millions in product and service development by 2021 to ensure a significant expansion of capacity and staffing in the Renewables area.

Semco Maritime Blogs

Bladt Industries and Semco Maritime awarded three 880 MW offshore substations for The US

The contract comprises three 880 MW offshore substations, which will be established in 2021-2025 and commissioned in 2026. The three substations will constitute the backbone of the electrical infrastructure for the 2.6 GW Coastal Virginia Offshore Wind project. The contract is Bladt Indu…

Vineyard Wind partners with Semco Maritime in the US

Under the terms of the agreement, Semco Maritime will create a world class service and maintenance hub in New Bedford and hire up to 40 people in the coming years.  Semco Maritime will hire local residents in a variety of positions, including management, staff technicians, specialists, e…

SCADA Control in wind turbine transition pieces

The Kaskasi offshore windfarm will have 38 TP’s which will be fitted with Scada equipment . This will enable a safe operation of the windfarm as these signals from the TP Scada equipment are incorporated in the SCADA for the offshore substation and for the overall Wind Farm SCADA syst…

Preferred Supplier Agreement for Hai Long 2 and 3 in Taiwan

The contract represents the largest offshore substations contract awarded in a Taiwanese project to date. It is also the consortium’s first and considered an important strategic breakthrough.

Critical communication for offshore wind farms

Mission-critical communication solutions In a wind farm, your mission-critical communication solution must achieve the following ‘R’s, which are reliability, reachability, redundancies, response, and robustness. To meet these requirements, wind farms are mainly utilizing critical com…

How sea birds compromise helideck safety

It is well-known that offshore installations warm the surrounding waters, which attracts more fish and marine creatures to the area, providing a rich feeding ground for the birds. Unmanned installations will face a bigger issue, as there are no personnel on hand to clean the area or prev…
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Semco Maritime Frequently Asked Questions

  • Who are Semco Maritime key executives?

    Semco Maritime's key executives are Steen Brødbæk and Jørgen Devantier Gade.

  • How many employees does Semco Maritime have?

    Semco Maritime has 1,317 employees.

  • What is Semco Maritime revenue?

    Latest Semco Maritime annual revenue is kr1.9 b.

  • What is Semco Maritime revenue per employee?

    Latest Semco Maritime revenue per employee is kr1.4 m.

  • Who are Semco Maritime competitors?

    Competitors of Semco Maritime include Orsted, Bourbon and DOF.

  • Where is Semco Maritime headquarters?

    Semco Maritime headquarters is located at Esbjerg Brygge 30, Esbjerg.

  • Where are Semco Maritime offices?

    Semco Maritime has offices in Esbjerg, Ballerup, Houston, Hauglandshella and in 5 other locations.

  • How many offices does Semco Maritime have?

    Semco Maritime has 11 offices.