Thorwest Development ApS

Thorwest Development ApS (CVR number: 37832553) is a company from AARHUS. The company recorded a gross profit of 668.6 kDKK in 2023. The operating profit was 82.4 kDKK, while net earnings were 63 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.8 %, which can be considered excellent and Return on Equity (ROE) was 43 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Thorwest Development ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.