TRACELINK ApS — Credit Rating and Financial Key Figures

CVR number: 25705823
Brunbjergvej 3, 8240 Risskov
info@tracelink.dk
www.tracelink.dk

Credit rating

Company information

Official name
TRACELINK ApS
Personnel
12 persons
Established
2013
Company form
Private limited company
Industry

About TRACELINK ApS

TRACELINK ApS (CVR number: 25705823) is a company from AARHUS. The company recorded a gross profit of 6802.1 kDKK in 2023. The operating profit was 508.4 kDKK, while net earnings were 538.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TRACELINK ApS's liquidity measured by quick ratio was 3.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 730.943 242.614 484.345 774.106 802.12
EBIT- 347.93205.671 135.88799.13508.40
Net earnings- 271.71151.981 001.72489.74538.36
Shareholders equity total-1 015.47436.511 438.231 927.971 766.34
Balance sheet total (assets)1 664.582 694.612 894.183 548.343 426.14
Net debt1 266.78-1 219.51-1 796.16-2 299.70-2 146.62
Profitability
EBIT-%
ROA-12.4 %7.7 %46.7 %24.8 %19.9 %
ROE-13.7 %14.5 %106.9 %29.1 %29.1 %
ROI-14.7 %11.2 %74.4 %34.8 %28.1 %
Economic value added (EVA)- 202.49258.44973.22670.93445.35
Solvency
Equity ratio-37.9 %16.3 %49.9 %54.6 %51.8 %
Gearing-217.4 %235.0 %42.3 %31.5 %34.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.13.33.33.1
Current ratio2.82.13.33.23.0
Cash and cash equivalents941.142 245.432 404.082 907.622 754.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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