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Thorco Projects ApS: Financial statements 2023

CVR: 37745324

Source: annual report 2023, Danish Business Authority

01/01/202331/12/2023

Thorco Projects ApS (CVR 37745324) has filed annual accounts for 2023. In 2023, the company reported revenue of USD 91,929,148 and a net result of USD 55,157,769 compared with USD 38,619,336 the year before. That is a decrease of 79% compared with the year before. The profit margin was 60%. Equity in the 2023 report amounted to USD 6,207,991. The solvency ratio was 18.4%. The company had 14 employees in the financial year.

Revenue
USD 91,929,148
Gross Profit
USD 78,695,449
Profit/Loss
USD 55,157,769
Equity
USD 6,207,991
Total Assets
USD 33,745,031
Employees
14

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
202391.9 mio. USD78.7 mio. USD55.2 mio. USD6.2 mio. USD14
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

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Events in 2023

Jesper Malik Møller Ringsholm leaves the board of Thorco Projects ApSSep 6, 2023

As of September 6, 2023, Jesper Malik Møller Ringsholm has left the board of directors of Thorco Projects ApS.

Marianne Schelde leaves the board of Thorco Projects ApSSep 6, 2023

As of September 6, 2023, Marianne Schelde has left the board of directors of Thorco Projects ApS.

Ronald Lambertus Maria Bouwens leaves the board of Thorco Projects ApSSep 6, 2023

As of September 6, 2023, Ronald Lambertus Maria Bouwens has left the board of directors of Thorco Projects ApS.

Thor Stadil joins Thorco Projects ApS as directorSep 6, 2023

As of September 6, 2023, Thor Stadil is registered as director of Thorco Projects ApS.

Jesper Malik Møller Ringsholm steps down as adm. dir. of Thorco Projects ApSSep 6, 2023

As of September 6, 2023, Jesper Malik Møller Ringsholm has stepped down as adm. dir. of Thorco Projects ApS.

Thorco Projects A/S changes name to Thorco Projects ApSSep 6, 2023

On September 6, 2023, the company changed its name from Thorco Projects A/S to Thorco Projects ApS.

Ronald Lambertus Maria Bouwens joins the board of Thorco Projects ApSJul 1, 2023

As of July 1, 2023, Ronald Lambertus Maria Bouwens has joined the board of directors of Thorco Projects ApS.

Jesper Malik Møller Ringsholm joins Thorco Projects ApS as adm. dir.Jul 1, 2023

As of July 1, 2023, Jesper Malik Møller Ringsholm is registered as adm. dir. of Thorco Projects ApS.

Thomas Nørballe Mikkelsen steps down as adm. dir. of Thorco Projects ApSJul 1, 2023

As of July 1, 2023, Thomas Nørballe Mikkelsen has stepped down as adm. dir. of Thorco Projects ApS.

Ronald Lambertus Maria Bouwens leaves the board of Thorco Projects ApSJun 30, 2023

As of June 30, 2023, Ronald Lambertus Maria Bouwens 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