Owners, management and financials
CVR: 36982764
Previous names: TracInnovations IVS, TracInnovations ApS
DKK 2,160,529
Gross profit
Net result: DKK -10,448,386
Investo Capital I K/S (15-19,99%), Sebastian Scripps (10-14,99%)
1 more
CVR · view owners
Nicklas Hall Jarnel
Board: Dale Flanders (chair) and 5 members
CVR · view management
Active
Founded 11 August 2015
CVR · view overview
6 employees
CVR · 2018
Director role ended: Stefan Ovesen Banke
CVR · 15/11/2024
View the full event history
TracInnovations A/S is a Danish company of the type Aktieselskab based in Ballerup, founded in 2015. The company is registered under the industry Fremstilling af medicinske og dentale instrumenter samt udstyr hertil. The company was previously named TracInnovations ApS and TracInnovations IVS. The management consists of Nicklas Hall Jarnel. The board consists of Dale Flanders (chair), David Hardwick, Jaw Jim Hsieh and Michael Anthony Scobey. The company is owned by Investo Capital I K/S, Sebastian Scripps and Michael Anthony Scobey. The company has 6 employees (2018). In 2025, the company reported a gross profit of DKK 2,160,529 and a net result of DKK -10,448,386 compared with DKK -18,401,645 the year before. Equity in the 2025 report amounted to DKK 83,223,163.
Source: annual report 2025, Danish Business Authority
TracInnovations A/S is currently facing significant financial challenges, as evidenced by its consistent losses over the past five years, culminating in a profit loss of 10,448,386 DKK in 2025. Despite a notable increase in gross profit to 2,160,529 DKK in 2025 from 1,398,994 DKK in 2022, the company has not yet achieved profitability. Equity remains relatively strong at 83,223,163 DKK, indicating a solid capital base, but the ongoing losses raise concerns about sustainability and operational efficiency. Positioned within the medical and dental instruments industry, TracInnovations must address its profitability issues to enhance its competitive stance.
AI-generated summary · Generated 16/08/2026
Selskabets formål er udvikling og salg af højteknologiske løsninger til sundhedsvæsenet og medicoindustrien og anden beslægtet virksomhed efter direktionens skøn.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 2.2 mio. | -10.4 mio. | 89.4 mio. | 83.2 mio. | 19 | |
| 202401/01/2024 – 31/12/2024 | 1.4 mio. | -18.4 mio. | 101.9 mio. | 94.2 mio. | 30 | |
| 202301/01/2023 – 31/12/2023 | 8.7 mio. | -9.6 mio. | 67.1 mio. | 58.7 mio. | 19 | |
| 202201/01/2022 – 31/12/2022 | 1.4 mio. | -12.6 mio. | 76.5 mio. | 68.6 mio. | 19 | |
| 202101/01/2021 – 31/12/2021 | 818 t. | -9.2 mio. | 40.6 mio. | 33.5 mio. | 13 | |
| 202001/01/2020 – 31/12/2020 | 4.2 mio. | -1.3 mio. | 26.8 mio. | 14.2 mio. | 9 | |
| 201901/01/2019 – 31/12/2019 | -877 t. | -4 mio. | 6 mio. | 4.7 mio. | 6 | |
| 201801/01/2018 – 31/12/2018 | 602 t. | -1.9 mio. | 2.9 mio. | 1.7 mio. | 5 | |
| 201701/01/2017 – 31/12/2017 | 652 t. | -1.6 mio. | 2.4 mio. | 1.6 mio. | 4 |
Compared to 309 companies in Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Comparison is based on industry median values
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Try company screeningThe CVR number of TracInnovations A/S is 36982764.
TracInnovations A/S is owned by Investo Capital I K/S, Sebastian Scripps and Michael Anthony Scobey.
The management of TracInnovations A/S consists of Nicklas Hall Jarnel.
The board of TracInnovations A/S consists of Dale Flanders, David Hardwick and Jaw Jim Hsieh, with Dale Flanders as chair.
In 2025, TracInnovations A/S reported a gross profit of DKK 2,160,529.
TracInnovations A/S had 6 employees in 2018 according to the Danish CVR register.
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Contact info changed: new phone: 53798545, new website: www.tracinnovations.com (July 16, 2026).
TracInnovations A/S has published its annual report for 2025. Gross profit came to DKK 2,160,529, and the net result was DKK -10,448,386.
TracInnovations A/S has published its annual report for 2024. Gross profit came to DKK 1,411,266, and the net result was DKK -18,401,645.
As of November 15, 2024, Nicklas Hall Jarnel is registered as adm. dir. of TracInnovations A/S.
As of November 15, 2024, Stefan Ovesen Banke has stepped down as adm. dir. of TracInnovations A/S.
TracInnovations A/S has published its annual report for 2023. Gross profit came to DKK 8,657,463, and the net result was DKK -9,616,677.
As of March 30, 2024, David Hardwick has joined the board of directors of TracInnovations A/S.
As of March 30, 2024, Dale Flanders has joined the board of directors of TracInnovations A/S.
As of March 30, 2024, Jes Broeng has left the board of directors of TracInnovations A/S.
As of March 30, 2024, Gregory Matthew Shoukimas has left the board of directors of TracInnovations A/S.
As of March 30, 2024, Dale Flanders has stepped down as director of TracInnovations A/S.
As of March 29, 2024, David Hardwick has left the board of directors of TracInnovations A/S.
TracInnovations A/S has published its annual report for 2022. Gross profit came to DKK 1,398,994, and the net result was DKK -12,644,169.
As of October 1, 2022, Stefan Ovesen Banke is registered as adm. dir. of TracInnovations A/S.
As of October 1, 2022, Dale Flanders is registered as director of TracInnovations A/S.
As of September 30, 2022, Dale Flanders has stepped down as adm. dir. of TracInnovations A/S.
TracInnovations A/S has published its annual report for 2021. Gross profit came to DKK 817,760, and the net result was DKK -9,153,448.
As of March 30, 2022, Michael Anthony Scobey has joined the board of directors of TracInnovations A/S.
As of January 20, 2022, Investo Capital I K/S is registered as an owner of TracInnovations A/S with an ownership share of 15%.
As of January 20, 2022, is registered as an owner of TracInnovations A/S with an ownership share of 10%.
As of January 20, 2022, is registered as an owner of TracInnovations A/S with an ownership share of 5%.
TracInnovations A/S has published its annual report for 2020. Gross profit came to DKK 4,161,219, and the net result was DKK -1,283,938.
As of March 30, 2021, Sebastian Scripps has joined the board of directors of TracInnovations A/S.
As of March 30, 2021, Gregory Matthew Shoukimas has joined the board of directors of TracInnovations A/S.
On March 30, 2021, the company changed its name from TracInnovations ApS to TracInnovations A/S.
As of December 3, 2020, Oline Vinter Olesen has left the board of directors of TracInnovations A/S.
As of July 9, 2020, David Hardwick has joined the board of directors of TracInnovations A/S.
As of July 9, 2020, Jaw Jim Hsieh has joined the board of directors of TracInnovations A/S.
As of July 9, 2020, Helge Holm-Larsen has left the board of directors of TracInnovations A/S.
As of July 9, 2020, Morten Schantz has left the board of directors of TracInnovations A/S.
As of July 9, 2020, Dale Flanders has left the board of directors of TracInnovations A/S.
As of July 9, 2020, Oline Vinter Olesen has stepped down as director of TracInnovations A/S.
As of May 13, 2020, Dale Flanders is registered as adm. dir. of TracInnovations A/S.
As of February 15, 2020, Kim Frode Bendixen has stepped down as adm. dir. of TracInnovations A/S.
TracInnovations A/S has published its annual report for 2019. Gross profit came to DKK -876,596, and the net result was DKK -3,995,226.
As of July 22, 2019, Dale Flanders has joined the board of directors of TracInnovations A/S.
TracInnovations A/S has published its annual report for 2018. Gross profit came to DKK 601,896, and the net result was DKK -1,914,606.
As of March 15, 2019, Peter Thor Munck Birkmand has joined the board of directors of TracInnovations A/S.
As of March 15, 2019, Franciscus Cornelis Robertus Ebskamp has left the board of directors of TracInnovations A/S.
As of March 15, 2019, Kim Frode Bendixen has left the board of directors of TracInnovations A/S.
TracInnovations A/S has published its annual report for 2017. Gross profit came to DKK 651,723, and the net result was DKK -1,626,611.
As of July 10, 2017, Franciscus Cornelis Robertus Ebskamp has joined the board of directors of TracInnovations A/S.
On March 31, 2017, the company changed its name from TracInnovations IVS to TracInnovations ApS.
TracInnovations A/S has published its interim report for the period August 11, 2015 – December 31, 2016.
As of June 27, 2016, Helge Holm-Larsen has joined the board of directors of TracInnovations A/S.
As of June 27, 2016, Bjarne Henning Jensen has left the board of directors of TracInnovations A/S.
As of March 31, 2016, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of TracInnovations A/S.
As of March 31, 2016, Bjarne Henning Jensen has joined the board of directors of TracInnovations A/S.
As of March 31, 2016, Kim Frode Bendixen has joined the board of directors of TracInnovations A/S.
As of March 31, 2016, Morten Schantz has joined the board of directors of TracInnovations A/S.
As of March 31, 2016, Jes Broeng has joined the board of directors of TracInnovations A/S.
As of March 31, 2016, Oline Vinter Olesen has joined the board of directors of TracInnovations A/S.
As of August 11, 2015, Kim Frode Bendixen is registered as adm. dir. of TracInnovations A/S.
As of August 11, 2015, Oline Vinter Olesen is registered as director of TracInnovations A/S.
TracInnovations A/S was founded on August 11, 2015.
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