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TORM A/S: Financial statements 2022

CVR: 22460218

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

TORM A/S (CVR 22460218) has filed annual accounts for 2022. In 2022, the company reported revenue of USD 1,440,000,000 and a net result of USD 543,598,000 compared with USD 25,213,000 the year before. That is an increase of 132.5% compared with the year before. The profit margin was 37.7%. Equity in the 2022 report amounted to USD 1,091,000,000. The solvency ratio was 45.7%. The company had 227 employees in the financial year.

Revenue
USD 1,440,000,000
Gross Profit
USD 743,708,000
Profit/Loss
USD 543,598,000
Equity
USD 1,091,000,000
Total Assets
USD 2,388,000,000
Employees
227

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20221.4 mia. USD743.7 mio. USD543.6 mio. USD1.1 mia. USD227
2021619.3 mio. USD127.5 mio. USD25.2 mio. USD544.2 mio. USD232
2020739.4 mio. USD--90.8 mio. USD519.7 mio. USD249
2019692.2 mio. USD-271.5 mio. USD623.5 mio. USD282
2018634.5 mio. USD-30.5 mio. USD245.1 mio. USD444.6 mio. USD267

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Events in 2022

TORM A/S: The 2021 annual report is outJun 30, 2022

TORM A/S has published its annual report for 2021. Revenue came to DKK 619,283,000, and the net result was DKK 25,213,000.

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 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.

Source: annual report 2025, Danish Business Authority