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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 2160.5 kDKK in 2025. The operating profit was -12.3 mDKK, while net earnings were -10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.1 %, 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 4.6 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 817.76 | 1 398.99 | 8 659.29 | 1 411.27 | 2 160.53 |
| EBIT | -10 680.55 | -15 637.50 | -11 508.59 | -20 743.61 | -12 345.73 |
| Net earnings | -9 153.45 | -12 644.17 | -9 616.68 | -18 401.64 | -10 448.39 |
| Shareholders equity total | 33 501.91 | 68 560.34 | 58 730.45 | 94 235.42 | 83 223.16 |
| Balance sheet total (assets) | 40 565.84 | 76 483.66 | 67 141.07 | 101 874.10 | 89 422.87 |
| Net debt | -14 543.80 | -31 058.18 | -6 131.14 | -24 713.76 | -5 489.67 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -31.7 % | -22.2 % | -13.8 % | -20.8 % | -11.6 % |
| ROE | -38.4 % | -24.8 % | -15.1 % | -24.1 % | -11.8 % |
| ROI | -33.5 % | -27.7 % | -17.7 % | -26.2 % | -13.6 % |
| Economic value added (EVA) | -9 975.51 | -14 057.69 | -12 258.85 | -20 382.54 | -14 718.72 |
| Solvency | |||||
| Equity ratio | 82.6 % | 89.6 % | 87.5 % | 92.5 % | 93.1 % |
| Gearing | 15.6 % | 8.0 % | 10.1 % | 6.3 % | 5.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 17.5 | 22.8 | 10.5 | 14.1 | 4.6 |
| Current ratio | 17.5 | 22.8 | 10.5 | 14.1 | 4.6 |
| Cash and cash equivalents | 19 754.61 | 36 547.68 | 12 090.93 | 30 661.92 | 9 719.19 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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