Init Inuatek A/S — Credit Rating and Financial Key Figures

Init Inuatek A/S (CVR number: 40051244) is a company from KØBENHAVN. The company recorded a gross profit of 4987.8 kDKK in 2023. The operating profit was -817.8 kDKK, while net earnings were -676.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.2 %, which can be considered poor and Return on Equity (ROE) was -31.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Init Inuatek A/S's liquidity measured by quick ratio was 2.1 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.