On the stock market since 1989, it operates in the world of raw materials. It has 125 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
The biggest line carries real weight, but it doesn’t decide everything on its own.
An average decline of 7% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
The stock trades 23% below its peak. The market has trimmed its expectations for the company.
There is $2.8M in the vault; even if every debt were paid off, $1.5M would remain.
A loss of $989K against $22.1M in annual sales. And on top of that, sales fell from the year before.
On our five-subject report card, TORM sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: TORM is a small company that closed last year at a loss. The road back to profit runs through spending discipline.