INITTO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 977.00 | 2 872.00 | 25.00 | ||
EBIT | 551.00 | 289.00 | -58.00 | -56.00 | -26.00 |
Net earnings | 414.00 | 207.00 | -2 117.00 | - 738.00 | 25.00 |
Shareholders equity total | 25 824.00 | 26 031.00 | 23 914.00 | 23 176.00 | 23 201.00 |
Balance sheet total (assets) | 27 264.00 | 26 603.00 | 23 948.00 | 23 222.00 | 23 244.00 |
Net debt | -2 692.00 | -2 900.00 | -2 547.00 | -2 483.00 | -2 534.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 1.1 % | 6.5 % | 2.7 % | -0.1 % |
ROE | 1.6 % | 0.8 % | -8.5 % | -3.1 % | 0.1 % |
ROI | 2.2 % | 1.1 % | -7.1 % | -3.2 % | -0.1 % |
Economic value added (EVA) | 413.51 | 224.24 | -70.29 | -54.15 | -25.85 |
Solvency | |||||
Equity ratio | 94.7 % | 97.8 % | 99.9 % | 99.8 % | 99.8 % |
Gearing | 0.0 % | 0.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 6.1 | 75.4 | 54.9 | 59.3 |
Current ratio | 2.7 | 6.1 | 75.4 | 54.9 | 59.3 |
Cash and cash equivalents | 2 701.00 | 2 902.00 | 2 547.00 | 2 483.00 | 2 534.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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