INITTO A/S — Credit Rating and Financial Key Figures

CVR number: 26224128
Philip Heymans Alle 15, 2900 Hellerup
tel: 39774000

Credit rating

Company information

Official name
INITTO A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry
  • Expand more icon621000

About INITTO A/S

INITTO A/S (CVR number: 26224128) is a company from GENTOFTE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -26 kDKK, while net earnings were 25 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor but Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INITTO A/S's liquidity measured by quick ratio was 59.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 977.002 872.0025.00
EBIT551.00289.00-58.00-56.00-26.00
Net earnings414.00207.00-2 117.00- 738.0025.00
Shareholders equity total25 824.0026 031.0023 914.0023 176.0023 201.00
Balance sheet total (assets)27 264.0026 603.0023 948.0023 222.0023 244.00
Net debt-2 692.00-2 900.00-2 547.00-2 483.00-2 534.00
Profitability
EBIT-%
ROA2.1 %1.1 %6.5 %2.7 %-0.1 %
ROE1.6 %0.8 %-8.5 %-3.1 %0.1 %
ROI2.2 %1.1 %-7.1 %-3.2 %-0.1 %
Economic value added (EVA)413.51224.24-70.29-54.15-25.85
Solvency
Equity ratio94.7 %97.8 %99.9 %99.8 %99.8 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.76.175.454.959.3
Current ratio2.76.175.454.959.3
Cash and cash equivalents2 701.002 902.002 547.002 483.002 534.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:-0.11%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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