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TORM A/S
A/S
Active
CVR 22460218
Tuborg Havnevej 18, 2900
Hellerup
Sea and coastal freight water transport
·
NACE 5020
Est. 1999 · 26 years old
269 employees
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Sea and coastal freight water transport
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TORM A/S
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
DKK millions
0M
426M
852M
1B
2B
739M
2020
619M
2021
1.4B
2022
1.5B
2023
1.5B
2024
EBITDA
DKK millions
1060M
795M
530M
265M
0M
65M
2020
76M
+17%
2021
708M
+832%
2022
733M
+4%
2023
848M
+16%
2024
Income statement
DKK thousands
Item
2020
2021
2022
2023
2024
Revenue
739.360
619.283
1.440.367
1.481.363
1.463.625
Staff expenses
-35.470
-35.023
-0
-0
-204.196
EBITDA
64.569
76.358
707.760
732.664
847.883
Depreciation & amort.
-128.404
-31.627
-121.241
-135.592
-140.663
EBIT
-63.835
44.731
586.519
597.072
707.220
Net financials
-26.107
-18.325
-41.834
-25.550
274.804
Profit before tax
-89.942
26.406
544.685
571.522
982.024
Tax
896
1.193
1.087
1.351
775
Net profit
-90.838
25.213
543.598
570.171
981.249
Balance sheet
DKK thousands
Item
2020
2021
2022
2023
2024
Total assets
2.068.842
2.108.324
2.387.959
2.487.575
2.039.455
Equity
519.729
544.192
1.091.000
1.559.777
1.324.484
Long-term debt
165.164
1.247.091
531.356
543.806
491.854
Short-term debt
1.320.573
271.865
758.838
383.992
223.117
Total debt
1.485.737
1.564.132
1.296.694
927.796
714.971
Financial ratios
5-year trend
EBITDA margin
57.9%
This company
15.8%
Market median
+266% vs market
2020
2024
Equity ratio
64.9%
This company
38.2%
Market median
+70% vs market
2020
2024
Return on equity
74.1%
This company
18.4%
Market median
+303% vs market
2020
2024
Net profit margin
67.0%
This company
8.1%
Market median
+727% vs market
2020
2024
Asset turnover
0.72×
This company
1.12×
Market median
-36% vs market
2020
2024
Debt / equity
0.54×
This company
0.62×
Market median
+13% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View
PDF
More on TORM A/S
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Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
