TCM Operations A/S: Financial statements 2020
CVR: 75924712
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
TCM Operations A/S (CVR 75924712) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 855,961,000 and a net result of DKK 107,102,000 compared with DKK 114,788,000 the year before. That is a decrease of 0.9% compared with the year before. The profit margin was 12.5%. Equity in the 2020 report amounted to DKK 170,991,000. The solvency ratio was 42.2%. The company had 389 employees in the financial year.
- Revenue
- DKK 855,961,000
- Gross Profit
- DKK 199,057,000
- Profit/Loss
- DKK 107,102,000
- Equity
- DKK 170,991,000
- Total Assets
- DKK 405,258,000
- Employees
- 389
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 856 mio. | 199.1 mio. | 107.1 mio. | 171 mio. | 389 |
| 2019 | 863.4 mio. | 220.3 mio. | 114.8 mio. | 164.5 mio. | 392 |
| 2018 | 736.8 mio. | 202.4 mio. | 107.9 mio. | 129.7 mio. | 354 |
| 2017 | 635.8 mio. | 171.7 mio. | 76.3 mio. | 96.8 mio. | 309 |
| 2016 | 512.4 mio. | 138.5 mio. | 63.9 mio. | 102.6 mio. | 275 |
Official annual report
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TCM Operations A/S has published its annual report for 2019. Revenue came to DKK 863,441,000, and the net result was DKK 114,788,000.
As of March 1, 2020, Torben Paulin is registered as adm. dir. of TCM Operations A/S.
As of February 29, 2020, Ole Lund Andersen has stepped down as adm. dir. of TCM Operations A/S.
About TCM Operations A/S
TCM Operations A/S is a Danish company of the type Aktieselskab based in Holstebro, founded in 1984. The company is registered under the industry Fremstilling af møbler. The company was previously named TMK A/S and TVIS/MODULIA A/S. The management consists of Jens-Peter Poulsen and Esben Refsgaard Trier Lund. The board consists of Anders Tormod Skole-Sørensen (chair), Erika Hummel, Björn Johan Olsson Lissner and Holger Sørensen. The company is owned by TCM Group A/S. The company has 419 employees (2026). In 2025, the company reported revenue of DKK 998,165,000 and a net result of DKK 59,523,000 compared with DKK 35,677,000 the year before. Equity in the 2025 report amounted to DKK 125,961,000.