2TRACE A/S — Credit Rating and Financial Key Figures

2TRACE A/S (CVR number: 31056764) is a company from GLADSAXE. The company recorded a gross profit of 7454 kDKK in 2023. The operating profit was 1090 kDKK, while net earnings were 967.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 2TRACE A/S's liquidity measured by quick ratio was 6.5 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.