TORM A/S

CVR 22460218 · Public limited company (A/S) · Active · Low risk

TORM A/S is a Public limited company (A/S), founded on , based in Hellerup. The company is registered in the industry sø- og kysttransport af gods. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.5bn and a net result of DKK 100.3m.

Bankruptcy risk for TORM A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
22460218
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Tuborg Havnevej 18
2900 Hellerup
Municipality
Gentofte
Industry
Sø- og kysttransport af gods (502000)
Bankruptcies in the industry: Sø- og kysttransport af gods
Share capital
DKK 1.2bn
Employees
247 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio81.8%
Current ratio148%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address198
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 1.0bnDKK 1.5bnDKK 1.5bn
Gross profitDKK 388.0mDKK 639.1mDKK 720.9m
Net profitDKK 100.3mDKK 981.2mDKK 570.2m
EquityDKK 1.5bnDKK 1.3bnDKK 1.6bn
Total assetsDKK 1.8bnDKK 2.0bnDKK 2.5bn
CashDKK 128.2mDKK 169.4m–
Short-term debtDKK 248.1mDKK 223.1m–

Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023116
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016118
1 Jan 2015 – 31 Dec 2015104
1 Jan 2014 – 31 Dec 2014132 Restated
1 Jan 2013 – 31 Dec 2013138
1 Jan 2012 – 31 Dec 2012111
1 Jan 2011 – 31 Dec 2011117
1 Jan 2010 – 31 Dec 2010108
1 Jan 2009 – 31 Dec 2009124
1 Jan 2008 – 31 Dec 2008116
1 Jan 2007 – 31 Dec 2007136
1 Jan 2006 – 31 Dec 2006120

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOLars Peter Pedersen
CEOKlaus Nyborg
CEORoland Munkerod Andersen
BoardRasmus Johannes Skaun HoffmannCurrent
BoardJacob Balslev MeldgaardCurrent
BoardLene Stampe SørensenCurrent
BoardKim BalleCurrent
BoardLiv KjærCurrent
BoardHolger Petersen–
BoardErik Froh Pedersen–
BoardPeter Vilhelm Albeck–
BoardPeter Vilhelm Albeck–
BoardSven Gullev–
BoardOle Rich–
BoardKai Jørgen Engell-Jensen–
BoardPoul Erik Hansen–
BoardNiels Roland Holk–
BoardErling Engmark–
BoardJan Sten Andersen–
BoardEric Michael Agerholm
BoardOle Nørregaard
BoardNiels Christian Nielsen
BoardJørgen Kjergaard Madsen
BoardPoul Erik Luxhøj
BoardJens Erik Behn
BoardGavriil Panayotides
BoardNiels Erik Nielsen
BoardPovl Christian Lütken Frigast
BoardSøren Elbek
BoardSøren Elbek
BoardDitlev Helmer Engel
BoardTorben Ulrik Sørensen
BoardLennart Arnold Johan Arrias
BoardPeder Mouridsen
BoardRex William Harrington
BoardStefanos-Niko Zouvelos
BoardNiels Boesen Knudsen
BoardAnders Engholm Madsen
BoardMargrethe Bligaard Thomasen
BoardNiels Peter Abildgaard Nielsen
BoardBo Jagd
BoardEinar Michael Steimler
BoardJesper Jarlbæk
BoardAngelos Papoulias
BoardAnne Marie Rasmussen
BoardKári millum Garðarnar
BoardFlemming Edvard Ipsen
BoardAlexander James Stuart Green
BoardOlivier Jean Michel Gilbert Dubois
BoardJon Christian Syvertsen
BoardTorben Janholt
BoardChristopher Helmut Boehringer
BoardPär Göran Trapp
BoardDavid Weinstein
BoardJeffrey S Stein
BoardEugene Irwin Davis
BoardChristian Gorrissen
BoardChristian Søgaard-Christensen
BoardLars Bjørn Rasmussen
BoardLars Christensen
BoardChristian Søgaard-Christensen
BoardSusanne Lynggaard Jensen
BoardKim Balle
BoardChristian Gorrissen
Owner (100%)TORM plcCurrent
Owner (10%)NORDEA BANK DANMARK A/S
Owner (100%)DANSKE BANK A/S
Owner (10%)HSH Nordbank
Owner (5%)Deutsche Bank
Owner (5%)DBS Bank
Owner (50%)OCM Njord Holdings S.à. r.l.
Owner (5%)Goldman Sachs International
Owner (5%)DW Catalyst Master Fund, Ltd.
Owner (0%)DW Partners LP
Owner (90%)OCM Njord Holdings S.à. r.l.
Owner (90%)TORM plc
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Danmark A/S–
AuditorI DAG, HERLEV ApS–
AuditorFabrikant Søren T. Lyngsø–
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB–
AuditorARTHUR ANDERSEN GLOBAL CORPORATE FINANCE DENMARK. FILIAL AF ARTHUR ANDERSEN GLOBAL CORPORATE FINANCE. SVERIGE
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Lars Peter Pedersen – 33 other companies

Klaus Nyborg – 29 other companies

Roland Munkerod Andersen – 32 other companies

Address history (1 moves)

Tuborg Havnevej 18, 2900 Hellerup
c/o Marina Park, Sundkrogsgade 10, 2100 København Ø

Former names

TORM A/S – now
AKTIESELSKABET 'DAMPSKIBSSELSKABET TORM' –
AKTIESELSKABET 'DAMPSKIBSSELSKABETTORM' –

Employees per year

Number of employees at TORM A/S per year1733462011: 34620112012: 28120122013: 30120132014: 29720142015: 27920152016: 27120162017: 25920172018: 2472018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about TORM A/S

Has TORM A/S gone bankrupt?

No, TORM A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TORM A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of TORM A/S?

TORM A/S most recently used EY Godkendt Revisionspartnerselskab.

When was TORM A/S founded?

TORM A/S was founded on 16 October 1999.

What is the equity of TORM A/S?

Equity was DKK 1.5bn according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.