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Titles. Thranduil first appears as a character in The Hobbit, where he is not named. Tolkien refers to him as the elf-king or the king, and also by the titles Elvenking and King of the Elves of the Wood.
Character Analysis. As the narrator says, the elves are Good People (8.128). In much the same way that there cannot be a good goblin, there cannot be a truly bad elf. At the same time, the elves and the dwarves don't totally love each other, and let's not forget that we're following the adventures of some dwarves. So elves don't appear in quite the best light in The Hobbit.