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 154.2 mDKK in 2023. The operating profit was 32.8 mDKK, while net earnings were 11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Init Denmark A/S's liquidity measured by quick ratio was 1.6 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.