Init 3Tech A/S — Credit Rating and Financial Key Figures

CVR number: 26111587
Lumbyesvej 27, 7000 Fredericia
3tech@3tech.dk
tel: 70262051
3tech.dk

Company information

Official name
Init 3Tech A/S
Personnel
24 persons
Established
2001
Company form
Limited company
Industry

About Init 3Tech A/S

Init 3Tech A/S (CVR number: 26111587) is a company from FREDERICIA. The company recorded a gross profit of 23.3 mDKK in 2024. The operating profit was 6639.1 kDKK, while net earnings were 5354.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.4 %, which can be considered excellent and Return on Equity (ROE) was 46.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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 3Tech A/S's liquidity measured by quick ratio was 3.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit22 558.1915 317.7221 765.7018 908.8423 343.23
EBIT7 410.991 240.607 402.163 552.406 639.09
Net earnings5 745.931 019.456 180.172 905.365 354.80
Shareholders equity total18 238.6114 258.0716 438.2413 343.609 698.40
Balance sheet total (assets)24 159.4416 915.1222 076.2820 029.0415 721.45
Net debt-15 591.27-7 595.84-7 324.76-6 802.18-2 262.36
Profitability
EBIT-%
ROA27.7 %6.8 %40.9 %17.7 %38.4 %
ROE27.5 %6.3 %40.3 %19.5 %46.5 %
ROI35.2 %8.5 %50.8 %24.1 %58.5 %
Economic value added (EVA)4 815.59832.695 435.862 310.784 869.40
Solvency
Equity ratio75.5 %89.7 %77.3 %69.9 %66.3 %
Gearing3.4 %
Relative net indebtedness %
Liquidity
Quick ratio6.010.95.33.53.2
Current ratio6.06.54.43.02.6
Cash and cash equivalents15 591.277 595.847 324.767 255.832 262.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:38.4%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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