TracInnovations A/S

CVR 36982764 · Public limited company (A/S) · Active · Low risk

TracInnovations A/S is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry fremstilling af medicinske og dentale instrumenter samt udstyr hertil. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 83.2m and a net result of DKK -10.4m.

Bankruptcy risk for TracInnovations A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
36982764
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Brydehusvej 13
2750 Ballerup
Municipality
Ballerup
Industry
Fremstilling af medicinske og dentale instrumenter samt udstyr hertil (325000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 788k
Employees
6 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio93.1%
Current ratio457%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.2mDKK 1.4m
Net profitDKK -10.4mDKK -18.4m
EquityDKK 83.2mDKK 94.2m
Total assetsDKK 89.4mDKK 101.9m
CashDKK 9.7m–
Short-term debtDKK 3.2m–
Avg. employees19–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 202490
1 Jan 2023 – 31 Dec 202396
1 Jan 2022 – 31 Dec 202294
1 Jan 2021 – 31 Dec 202191
1 Jan 2020 – 31 Dec 202097
1 Jan 2019 – 31 Dec 201941
1 Jan 2018 – 31 Dec 201878
1 Jan 2017 – 31 Dec 201771
11 Aug 2015 – 31 Dec 201672

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOOline Vinter Olesen
CEODale Flanders
BoardPeter Thor Munck BirkmandCurrent
BoardJaw Jim HsiehCurrent
BoardSebastian ScrippsCurrent
BoardMichael Anthony ScobeyCurrent
BoardDavid HardwickCurrent
BoardDale FlandersCurrent
BoardBjarne Henning Jensen
BoardKim Frode Bendixen
BoardMorten Schantz
BoardJes Broeng
BoardOline Vinter Olesen
BoardHelge Holm-Larsen
BoardFranciscus Cornelis Robertus Ebskamp
BoardDale Flanders
BoardDavid Hardwick
BoardGregory Matthew Shoukimas
Owner (15%)Investo Capital I K/SCurrent
Owner (10%)Sebastian ScrippsCurrent
Owner (5%)Michael Anthony ScobeyCurrent
Owner (15%)KIBEN HOLDING ApS
Owner (67%)OVIOL Holding ApS
Owner (15%)Claus Benjaminsen Holding ApS
Owner (50%)Oline Vinter Olesen
Owner (10%)Styrelsen for Forskning og Uddannelse
Owner (10%)KIBEN HOLDING ApS
Owner (50%)OVIOL Holding ApS
Owner (10%)Claus Benjaminsen Holding ApS
Owner (10%)Uddannelses- og Forskningsstyrelsen
Owner (5%)SCHANTZ INNOVATION A/S
Owner (20%)Uddannelses- og Forskningsstyrelsen
Owner (10%)SCHANTZ INNOVATION A/S
Owner (5%)KIBEN HOLDING ApS
Owner (20%)OVIOL Holding ApS
Owner (5%)Claus Benjaminsen Holding ApS
Owner (5%)SCHANTZ INNOVATION A/S
Owner (20%)Investo Capital I K/S
Owner (15%)Sebastian Scripps
Owner (5%)Frank Hsieh
Owner (5%)Michael Cheng-Ren Hsieh
Owner (5%)Jaw Jim Hsieh
Owner (5%)TracInnovations A/S
Owner (25%)Investo Capital I K/S
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderKIBEN HOLDING ApSCurrent
FounderOVIOL Holding ApSCurrent
FounderClaus Benjaminsen Holding ApSCurrent

The CEOs' other companies

Oline Vinter Olesen – 1 other companies

Address history (2 moves)

Brydehusvej 13, 2750 Ballerup
Borupvang 3, 2750 Ballerup
c/o Kim Bendixen, Tranemosevej 51A, 2750 Ballerup

Former names

TracInnovations A/S – now
TracInnovations ApS –
TracInnovations IVS –

Employees per year

Number of employees at TracInnovations A/S per year472016: 720162017: 620172018: 62018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about TracInnovations A/S

Has TracInnovations A/S gone bankrupt?

No, TracInnovations A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TracInnovations A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of TracInnovations A/S?

TracInnovations A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was TracInnovations A/S founded?

TracInnovations A/S was founded on 11 August 2015.

What is the equity of TracInnovations A/S?

Equity was DKK 83.2m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.