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Thorco Projects ApS: Financial statements 2020

CVR: 37745324

Source: annual report 2020, Danish Business Authority

01/01/202031/12/2020

Thorco Projects ApS (CVR 37745324) has filed annual accounts for 2020. In 2020, the company reported revenue of USD 150,151,871 and a net result of USD 1,082,242 compared with USD 2,203,094 the year before. That is an increase of 3.6% compared with the year before. The profit margin was 0.7%. Equity in the 2020 report amounted to USD 11,500,904. The solvency ratio was 33.2%. The company had 26 employees in the financial year.

Revenue
USD 150,151,871
Gross Profit
USD 13,170,116
Profit/Loss
USD 1,082,242
Equity
USD 11,500,904
Total Assets
USD 34,682,672
Employees
26

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020150.2 mio. USD13.2 mio. USD1.1 mio. USD11.5 mio. USD26
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-

Official annual report

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Events in 2020

Thorco Projects ApS: The 2019 annual report is outJun 16, 2020

Thorco Projects ApS has published its annual report for 2019. Revenue came to DKK 144,987,304, and the net result was DKK 2,203,094.

Marianne Schelde joins the board of Thorco Projects ApSJun 12, 2020

As of June 12, 2020, Marianne Schelde has joined the board of directors of Thorco Projects ApS.

Ejner Kiel Bonderup joins the board of Thorco Projects ApSJun 12, 2020

As of June 12, 2020, Ejner Kiel Bonderup has joined the board of directors of Thorco Projects ApS.

Ronald Lambertus Maria Bouwens joins the board of Thorco Projects ApSJun 12, 2020

As of June 12, 2020, Ronald Lambertus Maria Bouwens has joined the board of directors of Thorco Projects ApS.

Thor Stadil leaves the board of Thorco Projects ApSJun 12, 2020

As of June 12, 2020, Thor Stadil has left the board of directors of Thorco Projects ApS.

Jesper Malik Møller Ringsholm leaves the board of Thorco Projects ApSJun 12, 2020

As of June 12, 2020, Jesper Malik Møller Ringsholm has left the board of directors of Thorco Projects ApS.

Jan Egtved Knudsen leaves the board of Thorco Projects ApSJun 12, 2020

As of June 12, 2020, Jan Egtved Knudsen has left the board of directors of Thorco Projects ApS.

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