THORCO AFRICA HOLDING ApS

THORCO AFRICA HOLDING ApS (CVR number: 36474807) is a company from ODENSE. The company recorded a gross profit of -22.1 kDKK in 2021. The operating profit was -22.1 kDKK, while net earnings were 718.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -99.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. THORCO AFRICA HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.