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TracInnovations A/S

Public limited companyCVR 36982764BallerupActive

TracInnovations A/S is a public limited company, based in Ballerup, active in manufacture of medical and dental instruments and supplies, founded in 2015. The company made a loss in both 2024 and 2025, most recently DKK 10.4m. With 19 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 2.2m+53.1% vs. 2024
Net profit−DKK 10.4m+43.2% vs. 2024
EquityDKK 83.2m−11.7% vs. 2024
Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 53% (2024 → 2025), to DKK 2.2m.
  • The loss got smaller: from DKK 18.4m to DKK 10.4m (2024 → 2025).
  • Equity fell 12% (2024 → 2025), to DKK 83.2m.

Employees

  • 1 fewer employees than a year earlier: 19 (07/2026) against 20 (07/2025).

Management and owners, last 24 months

  • New in management: Nicklas Hall Jarnel (ceo, 15/11/2024).
  • Stepped down: Stefan Ovesen Banke (ceo, 15/11/2024).

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for TracInnovations A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4,1618181,3998,6571,4112,161+53.1%
Operating profit (EBIT)–−10,681−15,638−11,509−20,744−12,346+40.5%
Profit before tax−2,946−11,143−16,324−12,963−22,299−13,332+40.2%
Net profit−1,284−9,153−12,644−9,617−18,402−10,448+43.2%
Total assets26,77940,56676,48467,141101,87489,423−12.2%
Equity14,23333,50268,56058,73094,23583,223−11.7%
Liabilities12,3487,0647,9238,1367,4536,200−16.8%
Cash and cash equivalents15,59619,75536,54812,09130,6629,719−68.3%
Average number of employees91319193019−36.7%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
Gross profitMedian, the industry (185 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Fewer employees

    The number of employees fell 37% from 30 in 2024 to 19 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for TracInnovations A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202431/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202305/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202204/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202101/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/04/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
0510152025303508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

185 companies in the database

Comparison with the other companies in manufacture of medical and dental instruments and supplies based on the latest financial year.

Gross profitDKK 2.2mNo. 97 of 185
Better than 48% of the companies in the industry
EquityDKK 83.2mNo. 13 of 185
Better than 93% of the companies in the industry
Number of employees19No. 29 of 185
Better than 85% of the companies in the industry

Industry median: gross profit DKK 2.5m, net profit DKK 224k, equity DKK 1.9m, 4 employees.

DKK 100kDKK 2.1mDKK 43.5mDKK 908.1mDKK 6.9bnHere
Distribution of gross profit for 170 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 29,306of 69,742
Better than 58%
No. 2,110of 69,964
Better than 97%
Same industry and fewer than 20 employees157 companies in the comparison
No. 69of 157
Better than 56%
No. 1of 157
Better than 100%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 16,158of 33,588
Better than 52%
No. 809of 33,687
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 14,493of 17,786
Better than 19%
No. 2,587of 18,024
Better than 86%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of medical and dental instruments and supplies
Gross profit
  1. TracInnovations A/SDKK 2.2m
  2. Coloplast A/SDKK 18.9bn
  3. Unomedical A/SDKK 1.2bn
Net profit
  1. TracInnovations A/S−DKK 10.4m
  2. Coloplast A/SDKK 3.6bn
  3. Unomedical A/SDKK 731.7m
Equity
  1. TracInnovations A/SDKK 83.2m
  2. Coloplast A/SDKK 16.1bn
  3. Unomedical A/SDKK 2.2bn
Employees
  1. TracInnovations A/S19
  2. Coloplast A/S1,501
  3. Unomedical A/S606

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Investo Capital I K/S15%
  • Sebastian Scripps10%
  • Michael Anthony Scobey5%
TracInnovations A/S

Management

7 active registrations

Executive management

Executive management at TracInnovations A/S
NameRoleAppointed
Nicklas Hall JarnelCEO15/11/2024

Board of directors

Board of directors at TracInnovations A/S
NameRoleAppointed
Peter Thor Munck BirkmandBoard member15/03/2019
Jaw Jim HsiehBoard member09/07/2020
Sebastian ScrippsBoard member30/03/2021
Michael Anthony ScobeyBoard member30/03/2022
David HardwickBoard member30/03/2024
Dale FlandersChair of the board30/03/2024
Founders
Kiben Holding ApS, OVIOL Holding ApS, Claus Benjaminsen Holding ApS
Former management (15)
Former management at TracInnovations A/S
NameRoleAppointedResigned
Kim Frode BendixenCEO11/08/201515/02/2020
Oline Vinter OlesenDirector11/08/201509/07/2020
Bjarne Henning JensenChair of the board31/03/201627/06/2016
Kim Frode BendixenBoard member31/03/201615/03/2019
Morten SchantzBoard member31/03/201609/07/2020
Jes BroengBoard member31/03/201630/03/2024
Oline Vinter OlesenBoard member31/03/201603/12/2020
Helge Holm-LarsenChair of the board27/06/201609/07/2020
Franciscus Cornelis Robertus EbskampBoard member10/07/201715/03/2019
Dale FlandersBoard member22/07/201909/07/2020
Dale FlandersCEO13/05/202030/09/2022
David HardwickChair of the board09/07/202029/03/2024
Gregory Matthew ShoukimasBoard member30/03/202130/03/2024
Stefan Ovesen BankeCEO01/10/202215/11/2024
Dale FlandersDirector01/10/202230/03/2024

Signing rule: Selskabet tegnes af bestyrelsesformanden, en direktør og et bestyrelsesmedlem i forening, eller af den samlede bestyrelse

Address and production units

1 active production units

Brydehusvej 13
2750 Ballerup

Ballerup Municipality · Postcode 2750

Other companies at the address (1)

  • Norlase ApSManufacture of optical instruments, magnetic and optical media and photographic equipment
Production units
Production unitAddressEmployeesP number
TracInnovations A/SBrydehusvej 13, 2750 Ballerup191020629149

Purpose

Selskabets formål er udvikling og salg af højteknologiske løsninger til sundhedsvæsenet og medicoindustrien og anden beslægtet virksomhed efter direktionens skøn.

The purpose is quoted from the register in Danish.

Changes year by year

114 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
202413 changesmanagement 8 · capital 3 · ownership 1 · accounts 1
  • Nicklas Hall Jarnel appointed ceo
  • Stefan Ovesen Banke stepped down as ceo
  • Share capital changed from 786,559 DKK to 788,251 DKK
  • Share capital changed from 764,084 DKK to 786,559 DKK
  • Jaw Jim Hsieh is no longer registered as owner
  • Share capital changed from 676,421 DKK to 764,084 DKK
  • Annual report for 2023 published
  • Dale Flanders appointed chair of the board
  • David Hardwick appointed board member
  • Dale Flanders stepped down as director
  • Gregory Matthew Shoukimas stepped down as board member
  • Jes Broeng stepped down as board member
  • David Hardwick stepped down as chair of the board
20231 changeaccounts 1
  • Annual report for 2022 published
202213 changesmanagement 4 · accounts 1 · capital 1 · ownership 6 · industry 1
  • Dale Flanders appointed director
  • Stefan Ovesen Banke appointed ceo
  • Dale Flanders stepped down as ceo
  • Annual report for 2021 published
  • Michael Anthony Scobey appointed board member
  • Share capital changed from 507,346 DKK to 676,421 DKK
  • Michael Anthony Scobey registered as owner (5%)
  • Sebastian Scripps registered as owner (10%)
  • Frank Hsieh is no longer registered as owner
  • Michael Cheng-Ren Hsieh is no longer registered as owner
  • SCHANTZ INNOVATION A/S is no longer registered as owner
  • Sebastian Scripps is no longer registered as owner
  • Industry changed to Manufacture of medical and dental instruments and supplies (325000)
202111 changescapital 3 · ownership 3 · address 1 · accounts 1 · name 1 · management 2
  • Share capital changed from 534,772 DKK to 507,346 DKK
  • Investo Capital I K/S registered as owner (15%)
  • TracInnovations A/S is no longer registered as owner
  • Investo Capital I K/S is no longer registered as owner
  • Moved to Brydehusvej 13, 2750 Ballerup
  • Share capital changed from 512,000 DKK to 534,772 DKK
  • Annual report for 2020 published
  • Name changed from TracInnovations ApS to TracInnovations A/S
  • Share capital changed from 138,848 DKK to 512,000 DKK
  • Sebastian Scripps appointed board member
  • Gregory Matthew Shoukimas appointed board member
202020 changesmanagement 9 · ownership 9 · capital 2
  • Oline Vinter Olesen stepped down as board member
  • TracInnovations A/S registered as owner (5%)
  • OVIOL Holding ApS is no longer registered as owner
  • Share capital changed from 138,717 DKK to 138,848 DKK
  • Share capital changed from 87,191 DKK to 138,717 DKK
  • David Hardwick appointed chair of the board
  • Jaw Jim Hsieh appointed board member
  • Dale Flanders stepped down as board member
  • Helge Holm-Larsen stepped down as chair of the board
  • Morten Schantz stepped down as board member
  • Oline Vinter Olesen stepped down as director
  • Frank Hsieh registered as owner (5%)
  • Jaw Jim Hsieh registered as owner (5%)
  • Sebastian Scripps registered as owner (15%)
  • Michael Cheng-Ren Hsieh registered as owner (5%)
  • KIBEN HOLDING ApS is no longer registered as owner
  • Claus Benjaminsen Holding ApS is no longer registered as owner
  • Uddannelses- og Forskningsstyrelsen is no longer registered as owner
  • Dale Flanders appointed ceo
  • Kim Frode Bendixen stepped down as ceo
201910 changesaddress 1 · capital 2 · management 4 · ownership 3
  • Moved to Borupvang 3, 2750 Ballerup
  • Share capital changed from 85,525 DKK to 87,191 DKK
  • Dale Flanders appointed board member
  • Share capital changed from 63,858 DKK to 85,525 DKK
  • Peter Thor Munck Birkmand appointed board member
  • Franciscus Cornelis Robertus Ebskamp stepped down as board member
  • Kim Frode Bendixen stepped down as board member
  • Investo Capital I K/S registered as owner (20%)
  • SCHANTZ INNOVATION A/S registered as owner (5%)
  • SCHANTZ INNOVATION A/S is no longer registered as owner
20189 changescapital 1 · ownership 8
  • Share capital changed from 56,971 DKK to 63,858 DKK
  • KIBEN HOLDING ApS registered as owner (5%)
  • SCHANTZ INNOVATION A/S registered as owner (10%)
  • OVIOL Holding ApS registered as owner (20%)
  • Claus Benjaminsen Holding ApS registered as owner (5%)
  • SCHANTZ INNOVATION A/S is no longer registered as owner
  • KIBEN HOLDING ApS is no longer registered as owner
  • Claus Benjaminsen Holding ApS is no longer registered as owner
  • OVIOL Holding ApS is no longer registered as owner
201710 changescapital 2 · ownership 6 · management 1 · name 1
  • Share capital changed from 53,985 DKK to 56,971 DKK
  • SCHANTZ INNOVATION A/S registered as owner (5%)
  • Uddannelses- og Forskningsstyrelsen registered as owner (20%)
  • Oline Vinter Olesen is no longer registered as owner
  • Uddannelses- og Forskningsstyrelsen is no longer registered as owner
  • Uddannelses- og Forskningsstyrelsen registered as owner (10%)
  • Styrelsen for Forskning og Uddannelse is no longer registered as owner
  • Franciscus Cornelis Robertus Ebskamp appointed board member
  • Name changed from TracInnovations IVS to TracInnovations ApS
  • Share capital changed from 1,204 DKK to 53,985 DKK
201619 changesmanagement 7 · address 1 · capital 1 · ownership 8 · industry 2
  • Helge Holm-Larsen appointed chair of the board
  • Bjarne Henning Jensen stepped down as chair of the board
  • Moved to Borupvang 3, 2750 Ballerup
  • Share capital changed from 10 DKK to 1,204 DKK
  • Jes Broeng appointed board member
  • Oline Vinter Olesen appointed board member
  • Kim Frode Bendixen appointed board member
  • Bjarne Henning Jensen appointed chair of the board
  • Morten Schantz appointed board member
  • Oline Vinter Olesen registered as owner (50%)
  • Styrelsen for Forskning og Uddannelse registered as owner (10%)
  • KIBEN HOLDING ApS registered as owner (10%)
  • Claus Benjaminsen Holding ApS registered as owner (10%)
  • OVIOL Holding ApS registered as owner (50%)
  • Claus Benjaminsen Holding ApS is no longer registered as owner
  • KIBEN HOLDING ApS is no longer registered as owner
  • OVIOL Holding ApS is no longer registered as owner
  • Industry changed to Manufacture of irradiation, electromedical and electrotherapeutic equipment (266090)
  • Industry changed to Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721900)
20156 changesfounded 1 · management 2 · ownership 3
  • Registered as TracInnovations IVS
  • Oline Vinter Olesen appointed director
  • Kim Frode Bendixen appointed ceo
  • Claus Benjaminsen Holding ApS registered as owner (15%)
  • KIBEN HOLDING ApS registered as owner (15%)
  • OVIOL Holding ApS registered as owner (66.67%)

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Same people in management

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction