Thorco Projects ApS: Financial statements 2021
CVR: 37745324
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Thorco Projects ApS (CVR 37745324) has filed annual accounts for 2021. In 2021, the company reported revenue of USD 418,081,689 and a net result of USD 41,929,982 compared with USD 1,082,242 the year before. That is an increase of 178.4% compared with the year before. The profit margin was 10%. Equity in the 2021 report amounted to USD 44,430,886. The solvency ratio was 49.9%. The company had 29 employees in the financial year.
- Revenue
- USD 418,081,689
- Gross Profit
- USD 73,967,431
- Profit/Loss
- USD 41,929,982
- Equity
- USD 44,430,886
- Total Assets
- USD 89,014,928
- Employees
- 29
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | 418.1 mio. USD | 74 mio. USD | 41.9 mio. USD | 44.4 mio. USD | 29 |
| 2020 | 150.2 mio. USD | 13.2 mio. USD | 1.1 mio. USD | 11.5 mio. USD | 26 |
| 2019 | 145 mio. USD | 13.7 mio. USD | 2.2 mio. USD | 10.4 mio. USD | 39 |
| 2018 | 138.7 mio. USD | 1.5 mio. USD | 3.4 mio. USD | 6.8 mio. USD | - |
| 2017 | - | 2.3 mio. USD | 1.5 mio. USD | 3.3 mio. USD | - |
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Thorco Projects ApS has published its annual report for 2020. Revenue came to DKK 150,151,871, and the net result was DKK 1,082,242.
As of May 7, 2021, Peter Nørgaard Jensen has joined the board of directors of Thorco Projects ApS.
As of May 7, 2021, Ejner Kiel Bonderup 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.