TORM A/S: Financial statements 2017
CVR: 22460218
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
TORM A/S (CVR 22460218) has filed annual accounts for 2017. In 2017, the company reported revenue of USD 657,006,000 and a net result of USD -7,742,000 compared with USD -794,898,000 the year before. That is a decrease of 1.5% compared with the year before. The profit margin was -1.2%. Equity in the 2017 report amounted to USD 201,239,000. The solvency ratio was 14.9%. The company had 280 employees in the financial year.
- Revenue
- USD 657,006,000
- Gross Profit
- USD 34,319,000
- Profit/Loss
- USD -7,742,000
- Equity
- USD 201,239,000
- Total Assets
- USD 1,354,215,000
- Employees
- 280
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | 657 mio. USD | 34.3 mio. USD | -7.7 mio. USD | 201.2 mio. USD | 280 |
| 2016 | 667 mio. USD | -61.6 mio. USD | -794.9 mio. USD | 302.8 mio. USD | 271 |
| 2015 | 540.4 mio. USD | 235.9 mio. USD | 126 mio. USD | 976 mio. USD | - |
| 2014 | 624.2 mio. USD | 123 mio. USD | -284.2 mio. USD | -164 mio. USD | - |
Official annual report
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Set up monitoringEvents in 2017
As of July 1, 2017, Lars Bjørn Rasmussen has joined the board of directors of TORM A/S.
As of July 1, 2017, Kári millum Garðarnar has left the board of directors of TORM A/S.
TORM A/S has published its annual report for 2016. Revenue came to DKK 666,993,000, and the net result was DKK -794,898,000.
About TORM A/S
TORM A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 1999. The company is registered under the industry Sø- og kysttransport af gods. The company was previously named AKTIESELSKABET 'DAMPSKIBSSELSKABET TORM' and AKTIESELSKABET 'DAMPSKIBSSELSKABETTORM'. The management consists of Jacob Balslev Meldgaard. The board consists of Kim Balle (chair), Jacob Balslev Meldgaard, Lene Stampe Sørensen and Liv Kjær. The company is owned by TORM plc. The company has 247 employees (2018). In 2025, the company reported revenue of USD 1,018,993,000 and a net result of USD 100,258,000 compared with USD 981,249,000 the year before. Equity in the 2025 report amounted to USD 1,451,569,000.