TORM plc Net Assets

Latest as of September 2025: Dkr2.15 Billion DKK ≈ $336.81 Million USD

TORM plc net assets. Based on the latest financial reports, TORM plc (TRMD-A) has net assets worth Dkr2.15 Billion DKK (≈ $336.81 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr3.20 Billion ≈ $500.30 Million USD) and total liabilities (Dkr1.04 Billion ≈ $163.50 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore TORM plc (TRMD-A) net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Dkr2.15 Billion
% of Total Assets	67.32%
Annual Growth Rate	N/A
5-Year Change	103.92%
10-Year Change	112.59%
Growth Volatility	1212.55

Net Assets of TORM plc (1998–2024)

Net assets of TORM plc from 1998 to 2024. This chart illustrates how TORM plc's net assets have evolved over time, based on quarterly financial data. See TORM plc (TRMD-A) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Net Assets for TORM plc (1998–2024)

The table below shows the annual net assets of TORM plc from 1998 to 2024. For live market cap and overall valuation, see TRMD-A company net worth.

Year	Net Assets	Change
2024-12-31	Dkr2.07 Billion ≈ $324.62 Million	+24.54%
2023-12-31	Dkr1.67 Billion ≈ $260.66 Million	+10.79%
2022-12-31	Dkr1.50 Billion ≈ $235.26 Million	+42.91%
2021-12-31	Dkr1.05 Billion ≈ $164.62 Million	+3.41%
2020-12-31	Dkr1.02 Billion ≈ $159.19 Million	+0.97%
2019-12-31	Dkr1.01 Billion ≈ $157.66 Million	+18.94%
2018-12-31	Dkr847.21 Million ≈ $132.55 Million	+7.10%
2017-12-31	Dkr791.05 Million ≈ $123.77 Million	+1.34%
2016-12-31	Dkr780.58 Million ≈ $122.13 Million	-20.02%
2015-12-31	Dkr975.98 Million ≈ $152.70 Million	+695.13%
2014-12-31	Dkr-164.00 Million ≈ $-25.66 Million	-239.32%
2013-12-31	Dkr117.71 Million ≈ $18.42 Million	-55.97%
2012-12-31	Dkr267.34 Million ≈ $41.83 Million	-58.48%
2011-12-31	Dkr643.85 Million ≈ $100.73 Million	-42.27%
2010-12-31	Dkr1.12 Billion ≈ $174.50 Million	-10.54%
2009-12-31	Dkr1.25 Billion ≈ $195.06 Million	-2.52%
2008-12-31	Dkr1.28 Billion ≈ $200.10 Million	+18.29%
2007-12-31	Dkr1.08 Billion ≈ $169.17 Million	-15.58%
2006-12-31	Dkr1.28 Billion ≈ $200.40 Million	+41.58%
2005-12-31	Dkr904.65 Million ≈ $141.54 Million	+165.70%
2004-12-31	Dkr340.48 Million ≈ $53.27 Million	+5659.20%
2003-12-31	Dkr5.91 Million ≈ $924.95K	+106.23%
2002-12-31	Dkr-94.82 Million ≈ $-14.84 Million	-275.02%
2001-12-31	Dkr54.18 Million ≈ $8.48 Million	+118.84%
2000-12-31	Dkr-287.56 Million ≈ $-44.99 Million	-193.56%
1998-12-31	Dkr-97.96 Million ≈ $-15.33 Million	--

Equity Component Analysis

This analysis shows how different components contribute to TORM plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 147150000000.0% over the analyzed period, indicating profitable operations and earnings retention.

TORM plc Net Assets Breakdown (December 2024)

TORM plc net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Retained Earnings	Dkr1.47 Billion	70.95%
Other Components	Dkr602.50 Million	29.05%
Total Equity	Dkr2.07 Billion	100.00%

TORM plc Competitors by Market Cap

The table below lists competitors of TORM plc ranked by their market capitalization.

Company	Market Cap
Angel Yeast Co Ltd SHG:600298	$4.52 Billion
Shan Dong Dong-E E-Jiao Co Ltd SHE:000423	$4.52 Billion
X Trade Brokers Dom Maklerski SA WAR:XTB	$4.52 Billion
Starwood Property Trust Inc NYSE:STWD	$4.52 Billion
Exchange Income Corporation TO:EIF	$4.52 Billion
BURBERRY GROUP ADR/ F:BB2A	$4.51 Billion
Shenyang Fortune Precision Equipment Co. Ltd. A SHG:688409	$4.51 Billion
Piper Sandler Companies NYSE:PIPR	$4.51 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TORM plc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,663,985,000 to 2,074,000,000, a change of 410,015,000 (24.6%).
Net income of 612,500,000 contributed positively to equity growth.
Dividend payments of 553,300,000 reduced retained earnings.
Other comprehensive income decreased equity by 25,137,000.
Other factors increased equity by 375,952,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Dkr612.50 Million	+29.53%
Dividends Paid	Dkr553.30 Million	-26.68%
Other Comprehensive Income	Dkr-25.14 Million	-1.21%
Other Changes	Dkr375.95 Million	+18.13%
Total Change	Dkr-	24.64%

Book Value vs Market Value Analysis

This analysis compares TORM plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 13.36x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 0.06x to 13.36x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	Dkr5002.15	Dkr284.80	x
2003-12-31	Dkr8583.35	Dkr284.80	x
2004-12-31	Dkr16225.68	Dkr284.80	x
2005-12-31	Dkr19431.46	Dkr284.80	x
2006-12-31	Dkr27670.63	Dkr284.80	x
2007-12-31	Dkr23358.25	Dkr284.80	x
2008-12-31	Dkr27589.72	Dkr284.80	x
2009-12-31	Dkr27010.55	Dkr284.80	x
2010-12-31	Dkr24128.44	Dkr284.80	x
2011-12-31	Dkr13889.23	Dkr284.80	x
2012-12-31	Dkr2249.21	Dkr284.80	x
2013-12-31	Dkr244.66	Dkr284.80	x
2014-12-31	Dkr-7208.57	Dkr284.80	x
2015-12-31	Dkr18.88	Dkr284.80	x
2016-12-31	Dkr12.41	Dkr284.80	x
2017-12-31	Dkr12.76	Dkr284.80	x
2018-12-31	Dkr11.59	Dkr284.80	x
2019-12-31	Dkr13.62	Dkr284.80	x
2020-12-31	Dkr13.75	Dkr284.80	x
2021-12-31	Dkr13.47	Dkr284.80	x
2022-12-31	Dkr18.13	Dkr284.80	x
2023-12-31	Dkr19.19	Dkr284.80	x
2024-12-31	Dkr21.31	Dkr284.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently TORM plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 29.53%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 39.28%
• Asset Turnover: 0.45x
• Equity Multiplier: 1.67x
Recent ROE (29.53%) is above the historical average (0.19%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	22.79%	11.37%	2.00x	1.00x	Dkr17.21 Million
2001	27.01%	14.57%	0.77x	2.41x	Dkr28.34 Million
2002	27.65%	24.40%	1.13x	1.00x	Dkr42.87 Million
2003	42.65%	54.51%	0.78x	1.00x	Dkr136.08 Million
2004	52.76%	87.86%	0.60x	1.00x	Dkr336.90 Million
2005	33.09%	50.84%	0.33x	2.00x	Dkr208.90 Million
2006	18.31%	38.80%	0.29x	1.63x	Dkr106.43 Million
2007	73.22%	96.35%	0.28x	2.74x	Dkr683.55 Million
2008	28.25%	30.88%	0.35x	2.59x	Dkr233.46 Million
2009	-1.39%	-2.04%	0.26x	2.59x	Dkr-142.03 Million
2010	-12.13%	-15.74%	0.26x	2.95x	Dkr-246.79 Million
2011	-70.36%	-34.34%	0.47x	4.32x	Dkr-517.39 Million
2012	-217.19%	-51.79%	0.48x	8.81x	Dkr-607.38 Million
2013	-137.83%	-16.35%	0.49x	17.06x	Dkr-174.00 Million
2014	0.00%	-45.53%	0.45x	0.00x	Dkr-267.78 Million
2015	12.91%	23.31%	0.29x	1.91x	Dkr28.39 Million
2016	-18.25%	-20.95%	0.43x	2.01x	Dkr-220.55 Million
2017	0.30%	0.37%	0.40x	2.08x	Dkr-76.70 Million
2018	-4.11%	-5.47%	0.37x	2.02x	Dkr-119.50 Million
2019	16.48%	23.97%	0.35x	1.99x	Dkr65.25 Million
2020	8.66%	11.79%	0.37x	1.96x	Dkr-13.63 Million
2021	-4.00%	-6.80%	0.27x	2.22x	Dkr-147.32 Million
2022	37.48%	38.99%	0.55x	1.74x	Dkr412.62 Million
2023	38.96%	42.64%	0.53x	1.72x	Dkr481.87 Million
2024	29.53%	39.28%	0.45x	1.67x	Dkr405.10 Million

Industry Comparison

This section compares TORM plc's net assets metrics with peer companies in the Oil & Gas Midstream industry.

No peer company data available for comparison.

About TORM plc

CO:TRMD-A Denmark Oil & Gas Midstream

Market Cap

$4.52 Billion

Dkr28.86 Billion DKK

Market Cap Rank

#3683 Global

#24 in Denmark

Share Price

Dkr284.80

Change (1 day)

+0.21%

52-Week Range

Dkr123.90 - Dkr284.80

All Time High

Dkr284.80