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Thorco Projects ApS: Financial statements 2022

CVR: 37745324

Source: annual report 2022, Danish Business Authority

01/01/202231/12/2022

Thorco Projects ApS (CVR 37745324) has filed annual accounts for 2022. In 2022, the company reported revenue of USD 438,757,748 and a net result of USD 38,619,336 compared with USD 41,929,982 the year before. That is an increase of 4.9% compared with the year before. The profit margin was 8.8%. Equity in the 2022 report amounted to USD 53,050,222. The solvency ratio was 53.2%. The company had 32 employees in the financial year.

Revenue
USD 438,757,748
Gross Profit
USD 53,610,178
Profit/Loss
USD 38,619,336
Equity
USD 53,050,222
Total Assets
USD 99,783,872
Employees
32

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022438.8 mio. USD53.6 mio. USD38.6 mio. USD53.1 mio. USD32
2021418.1 mio. USD74 mio. USD41.9 mio. USD44.4 mio. USD29
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-

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Events in 2022

Thorco Projects ApS: The 2021 annual report is outJun 1, 2022

Thorco Projects ApS has published its annual report for 2021. Revenue came to DKK 418,081,689, and the net result was DKK 41,929,982.

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