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

Init Denmark A/S (CVR number: 19256707) is a company from GLADSAXE. The company recorded a gross profit of 316 mDKK in 2024. The operating profit was 20.4 mDKK, while net earnings were -6922.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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 Denmark A/S's liquidity measured by quick ratio was 1.7 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.