TracInnovations A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TracInnovations A/S
TracInnovations A/S (CVR number: 36982764) is a company from BALLERUP. The company recorded a gross profit of 1411.3 kDKK in 2024. The operating profit was -20.7 mDKK, while net earnings were -18.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TracInnovations A/S's liquidity measured by quick ratio was 14.1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 161.22 | 817.76 | 1 398.99 | 8 659.29 | 1 411.27 |
EBIT | -2 842.53 | -10 680.55 | -15 637.50 | -11 508.59 | -20 743.61 |
Net earnings | -1 283.94 | -9 153.45 | -12 644.17 | -9 616.68 | -18 401.64 |
Shareholders equity total | 14 233.09 | 33 501.91 | 68 560.34 | 58 730.45 | 94 235.42 |
Balance sheet total (assets) | 26 778.73 | 40 565.84 | 76 483.66 | 67 141.07 | 101 874.10 |
Net debt | -6 105.18 | -14 543.80 | -31 058.18 | -6 131.14 | -24 713.76 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.4 % | -31.7 % | -22.2 % | -13.8 % | -20.8 % |
ROE | -13.5 % | -38.4 % | -24.8 % | -15.1 % | -24.1 % |
ROI | -19.5 % | -33.5 % | -27.7 % | -17.7 % | -26.2 % |
Economic value added (EVA) | -2 017.90 | -8 849.58 | -12 438.03 | -9 181.94 | -17 909.92 |
Solvency | |||||
Equity ratio | 53.2 % | 82.6 % | 89.6 % | 87.5 % | 92.5 % |
Gearing | 66.7 % | 15.6 % | 8.0 % | 10.1 % | 6.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.8 | 17.5 | 22.8 | 10.5 | 14.1 |
Current ratio | 7.8 | 17.5 | 22.8 | 10.5 | 14.1 |
Cash and cash equivalents | 15 595.54 | 19 754.61 | 36 547.68 | 12 090.93 | 30 661.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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