2TRACE A/S

2TRACE A/S (CVR number: 31056764) is a company from GLADSAXE. The company recorded a gross profit of 7806.8 kDKK in 2022. The operating profit was 1726.3 kDKK, while net earnings were 1393.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 2TRACE A/S's liquidity measured by quick ratio was 5.4 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.