TracInnovations A/S — Credit Rating and Financial Key Figures

CVR number: 36982764
Brydehusvej 13, 2750 Ballerup
tel: 53798545
www.tracinnovations.com

Credit rating

Company information

Official name
TracInnovations A/S
Personnel
32 persons
Established
2015
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 161.22817.761 398.998 659.291 411.27
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 total14 233.0933 501.9168 560.3458 730.4594 235.42
Balance sheet total (assets)26 778.7340 565.8476 483.6667 141.07101 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 ratio53.2 %82.6 %89.6 %87.5 %92.5 %
Gearing66.7 %15.6 %8.0 %10.1 %6.3 %
Relative net indebtedness %
Liquidity
Quick ratio7.817.522.810.514.1
Current ratio7.817.522.810.514.1
Cash and cash equivalents15 595.5419 754.6136 547.6812 090.9330 661.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-20.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.5%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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