Terma Aerostructures A/S
Fabrikvej 1, 8500 Grenaa, CVR 35236252
Rank Profit for the year
Rank in industry
1/21
"Top 10%"
Rank in Denmark
3,865/322,455
"Top 10%"
Top management Top 3
| Per Thiesen 4 | Director |
Board Top 3
| Jes Carøe Munk Hansen 5 | Chairman of board |
| Per Thiesen 4 | Boardmember |
| Steen Michael Lynenskjold 5 | Boardmember |
Legal owners Top 3
| 100% | Terma A/S |
Rights certificate
Medlemmer af bestyrelsen og af direktionen repræsenterer selskabet udadtil. Til at forpligte selskabet ved retshandler kræves underskrift af formanden eller næstformanden for bestyrelsen i forbindelse med et bestyrelsesmedlem eller med en direktør, eller af tre bestyrelsesmedlemmer, eller af to direktører i forening.
Company information based on CVR
| Name | Terma Aerostructures A/S |
|---|---|
| CVR | 35236252 |
| Address | Fabrikvej 1, 8500 Grenaa |
| Industry | Manufacture of air and spacecraft and related machinery [303000] |
| Established | 30-04-2013 (9 yr) |
| Company type | Limited Corporation |
| Number of employees | 561 (man years:625) |
| Advertising protection | No |
| Auditor | Ey Godkendt Revisionspartnerselskab since 30-04-2013 |
| Financial statement period | 01-03 to 28-02 |
| Company capital | 5,000,000 DKK |
| Articles of assoc. last | 25-05-2018 |
Member of industries
- Manufacture of air and spacecraft and related machineryNACE6 containing 39 comp.
- Manufacture of air and spacecraft and related machineryNACE3 containing 39 comp.
- Manufacture of other transport equipmentNACE2 containing 276 comp.
- ManufacturingNACE1 containing 26,995 comp.
Purpose
Selskabets formål er at drive virksomhed i indland og udland med udvikling, design, fremstilling og salg af strukturer, strukturdele og parter til fly og helikoptere, samt hermed beslægtet virksomhed.
Financial Statement
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Currency/unit | 000' DKK | 000' DKK | 000' DKK |
| Revenue | 748,211 +32% | 567,100 +17% | 484,506 +8% |
| Gross Profit | 122,034 +45% | 84,184 +65% | 51,071 +49% |
| Profit for the year | 42,601 +77% | 24,095 +898% | 2,414 - |
| Equity | 314,486 +23% | 256,128 +12% | 228,344 -7% |
| Total Assets | 687,378 +20% | 571,450 +8% | 531,329 +6% |
Mangement review
Management’s Review
Results for 2020/21Revenue for the fiscal year was 748 MDKK, equivalent to a growth of 32%. The order backlog at year-end was 1,053 MDKK. Earnings before tax were 54 MDKK, compared to 31 MDKK in 2019/20.The good results were achieved in a year dominated by COVID-19. The production facility in Grenaa had COVID-19 cases that disrupted production; however, the cases were contained, and effective restrictions implemented. Since the outbreak of the COVID-19 pandemic, Terma Aerostructures A/S has taken measures to ensure safety of our employees and reasonably mitigate the operational impact. Thereby, Terma Aerostructures A/S has maintained its operations running during the pandemic and delivered the best financial result to date. The good results were achieved by an intense focus on meeting On-Time-Delivery targets as well as timely recruitment of necessary staff.The Aerostructures manufacturing production in Grenaa will ensure production of parts and components for the aircraft industries at an international level with strict focus on delivering high quality products, on time delivery, and with a constant strive for cost reduction to ensure a healthy and profitable business.The Board of Directors and Management greatly appreciate the dedication, commitment, and efforts of the employees throughout the year and thank the leadership group in Terma Aerostructures for the extraordinary good result achieved.
Results for 2020/21Revenue for the fiscal year was 748 MDKK, equivalent to a growth of 32%. The order backlog at year-end was 1,053 MDKK. Earnings before tax were 54 MDKK, compared to 31 MDKK in 2019/20.The good results were achieved in a year dominated by COVID-19. The production facility in Grenaa had COVID-19 cases that disrupted production; however, the cases were contained, and effective restrictions implemented. Since the outbreak of the COVID-19 pandemic, Terma Aerostructures A/S has taken measures to ensure safety of our employees and reasonably mitigate the operational impact. Thereby, Terma Aerostructures A/S has maintained its operations running during the pandemic and delivered the best financial result to date. The good results were achieved by an intense focus on meeting On-Time-Delivery targets as well as timely recruitment of necessary staff.The Aerostructures manufacturing production in Grenaa will ensure production of parts and components for the aircraft industries at an international level with strict focus on delivering high quality products, on time delivery, and with a constant strive for cost reduction to ensure a healthy and profitable business.The Board of Directors and Management greatly appreciate the dedication, commitment, and efforts of the employees throughout the year and thank the leadership group in Terma Aerostructures for the extraordinary good result achieved.
27-05-2021