Riskpilot← Back to searchSign inGet full accessTORM A/S
A/SActiveCVR 22460218Tuborg Havnevej 18Sea and coastal freight water transport · NACE 5020Est. 1999259 employees
Revenue 2024
DKK 1,5B
-1% vs 2023
EBITDA margin
57.9%
+16% vs 2023
Equity ratio
64.9%
Financial strength
Net profit 2024
DKK 981,2M
+72% vs 2023
| Revenue | DKK 1,5B | -1% |
| EBITDA | DKK 847,9M | +16% |
| Net profit | DKK 981,2M | +72% |
| Total assets | DKK 2B | -18% |
| Equity | DKK 1,3B | -15% |
| Employees | 259 | — |
Legal name
TORM A/S
CVR number
22460218
Legal form
Aktieselskab
NACE code
5020 · Sea and coastal freight water transport
Founded
16. oktober 1999
Share capital
DKK 1.228.650.141
Employees
259 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af bestyrelsesformanden og ét andet bestyrelsesmedlem i forening eller af bestyrelsesformanden og én direktør i forening.
Company purpose
Selskabets formål er at drive skibsfart, befragtning og anden transportvirksomhed, at foretage investeringer, herunder i fast ejendom, samt at drive sådan anden virk- somhed, som efter bestyrelsens skøn står i forbindelse hermed. Formålet kan tilgodeses som eneejer eller som delejer, herunder som aktionær, interessent el. lign. i anden virksomhed, der har nogen af de nævnte formål
Address
Tuborg Havnevej 18
Phone
+4539179200
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 624.173 | 540.404 | 666.993 | 657.006 | 634.540 | 692.225 | 739.360 | 619.283 | 1.440.367 | 1.481.363 | 1.463.625 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 | -17.970 | -35.470 | -35.023 | -0 | -0 | -204.196 |
| EBITDA | -114.724 | 210.285 | -800.519 | -9.176 | -79.736 | 1.785 | 64.569 | 76.358 | 707.760 | 732.664 | 847.883 |
| Depreciation & amort. | -96.310 | -67.327 | -7.488 | -47.356 | -37.786 | -43.058 | -128.404 | -31.627 | -121.241 | -135.592 | -140.663 |
| EBIT | -211.034 | 142.958 | -808.007 | -56.532 | -117.522 | -41.273 | -63.835 | 44.731 | 586.519 | 597.072 | 707.220 |
| Net financials | -72.378 | -16.136 | -684.961 | 49.428 | 363.486 | 313.048 | -26.107 | -18.325 | -41.834 | -25.550 | 274.804 |
| Profit before tax | -283.412 | 127.024 | -794.479 | -7.104 | 245.964 | 271.775 | -89.942 | 26.406 | 544.685 | 571.522 | 982.024 |
| Tax | -0 | 1.041 | 419 | 638 | 832 | 319 | 896 | 1.193 | 1.087 | 1.351 | 775 |
| Net profit | -284.181 | 125.983 | -794.898 | -7.742 | 245.132 | 271.456 | -90.838 | 25.213 | 543.598 | 570.171 | 981.249 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 1.384.249 | 2.346.013 | 1.230.648 | 1.354.215 | 1.159.539 | 1.651.688 | 2.068.842 | 2.108.324 | 2.387.959 | 2.487.575 | 2.039.455 |
| Equity | -163.995 | 1.383.745 | 302.797 | 201.239 | 444.624 | 623.534 | 519.729 | 544.192 | 1.091.000 | 1.559.777 | 1.324.484 |
| Long-term debt | 1.378.937 | 774.228 | 567.731 | 462.437 | 380.264 | 417.768 | 165.164 | 1.247.091 | 531.356 | 543.806 | 491.854 |
| Short-term debt | 169.307 | 188.040 | 314.944 | 645.363 | 289.475 | 565.210 | 1.320.573 | 271.865 | 758.838 | 383.992 | 223.117 |
| Total debt | 1.548.244 | 962.268 | 882.675 | 1.107.800 | 669.739 | 1.028.154 | 1.485.737 | 1.564.132 | 1.296.694 | 927.796 | 714.971 |
EBITDA margin
57.9%
This company
15.8%
Market median
+266% vs market
20142024
Equity ratio
64.9%
This company
38.2%
Market median
+70% vs market
20142024
Return on equity
74.1%
This company
18.4%
Market median
+303% vs market
20142024
Net profit margin
67.0%
This company
8.1%
Market median
+727% vs market
20142024
Asset turnover
0.72×
This company
1.12×
Market median
-36% vs market
20142024
Debt / equity
0.54×
This company
0.62×
Market median
+13% vs market
20142024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JB Chief Executive Officer | Chief Executive Officer | 2010 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
LK | Board of Directors | 2024 | — | — |
| Board of Directors | 2011 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 100.0% | 100.0% | 2016 | |
| Individual | 5.0% | 5.0% | 2012 | |
DANSKE BANK A/S | Company | 100.0% | 10.0% | 2012 |
| Individual | 5.0% | 5.0% | 2012 | |
| Individual | 0.0% | 5.0% | 2015 | |
NORDEA BANK DANMARK A/S | Company | 10.0% | 10.0% | 2012 |
| Individual | 90.0% | 90.0% | 2016 | |
| Individual | 10.0% | 10.0% | 2012 | |
| Individual | 5.0% | 5.0% | 2015 | |
| Individual | 5.0% | 0.0% | 2015 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
TORM A/S 
MARINE EXHAUST TECHNOLOGY A/SBoard members of TORM A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jacob Balslev Meldgaard | Chief Executive Officer | 0 companies |
| Liv Kjær | Board of Directors | 0 companies |
| Rasmus Johannes Skaun Hoffmann | Board of Directors | 0 companies |
| Lene Stampe Sørensen | Board of Directors | 0 companies |
| Kim Balle | Chairman | 0 companies |