TORM A/S: Financial statements 2019
CVR: 22460218
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
TORM A/S (CVR 22460218) has filed annual accounts for 2019. In 2019, the company reported revenue of USD 692,225,000 and a net result of USD 271,456,000 compared with USD 245,132,000 the year before. That is an increase of 9.1% compared with the year before. The profit margin was 39.2%. Equity in the 2019 report amounted to USD 623,534,000. The solvency ratio was 37.8%. The company had 282 employees in the financial year.
- Revenue
- USD 692,225,000
- Profit/Loss
- USD 271,456,000
- Equity
- USD 623,534,000
- Total Assets
- USD 1,651,688,000
- Employees
- 282
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 692.2 mio. USD | - | 271.5 mio. USD | 623.5 mio. USD | 282 |
| 2018 | 634.5 mio. USD | -30.5 mio. USD | 245.1 mio. USD | 444.6 mio. USD | 267 |
| 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 | - |
Official annual report
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Try company screeningEvents in 2019
As of December 11, 2019, Kim Balle has joined the board of directors of TORM A/S.
As of June 30, 2019, Christian Søgaard-Christensen has left the board of directors of TORM A/S.
TORM A/S has published its annual report for 2018. Revenue came to DKK 634,540,000, and the net result was DKK 245,132,000.
As of May 22, 2019, Susanne Lynggaard Jensen has joined the board of directors of TORM A/S.
As of May 22, 2019, Christian Gorrissen has left the board of directors of TORM A/S.
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 255 employees (2026). 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.