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Thorco Projects ApS: Financial statements 2019

CVR: 37745324

Source: annual report 2019, Danish Business Authority

01/01/201931/12/2019

Thorco Projects ApS (CVR 37745324) has filed annual accounts for 2019. In 2019, the company reported revenue of USD 144,987,304 and a net result of USD 2,203,094 compared with USD 3,386,662 the year before. That is an increase of 4.6% compared with the year before. The profit margin was 1.5%. Equity in the 2019 report amounted to USD 10,418,662. The solvency ratio was 37.3%. The company had 39 employees in the financial year.

Revenue
USD 144,987,304
Gross Profit
USD 13,698,913
Profit/Loss
USD 2,203,094
Equity
USD 10,418,662
Total Assets
USD 27,962,642
Employees
39

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2019145 mio. USD13.7 mio. USD2.2 mio. USD10.4 mio. USD39
2018138.7 mio. USD1.5 mio. USD3.4 mio. USD6.8 mio. USD-
2017-2.3 mio. USD1.5 mio. USD3.3 mio. USD-

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Events in 2019

Thorco Projects ApS appoints new auditorNov 29, 2019

As of November 29, 2019, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Thorco Projects ApS.

Auditor steps down at Thorco Projects ApSNov 29, 2019

As of November 29, 2019, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Thorco Projects ApS.

Thorco Projects ApS: The 2018 annual report is outJun 20, 2019

Thorco Projects ApS has published its annual report for 2018. Revenue came to DKK 138,652,404, and the net result was DKK 3,386,662.

About Thorco Projects ApS

Thorco Projects ApS is a Danish company of the type Anpartsselskab based in København Ø, founded in 2016. The company is registered under the industry Investering for egen regning. The company was previously named Thorco Projects A/S and Thorco Project A/S. The management consists of Thor Stadil. The company is owned by Havnegade Capital ApS. In 2025, the company reported a gross profit of USD -1,739,085 and a net result of USD -595,141 compared with USD 2,849,492 the year before. Equity in the 2025 report amounted to USD 1,112,342.

Source: annual report 2025, Danish Business Authority