THORNICO HOLDING A/S — Credit Rating and Financial Key Figures

THORNICO HOLDING A/S (CVR number: 35258000) is a company from ODENSE. The company recorded a gross profit of -348500 kDKK in 2024. The operating profit was -348.5 mDKK, while net earnings were 732232.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORNICO HOLDING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.