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Initiate ApS — Credit Rating and Financial Key Figures

CVR number: 37609757
Kultorvet 2, 1175 København K
backoffice@initiate.dk
tel: 53704070
www.initiate.dk
Free credit report Annual report

Credit rating

Company information

Official name
Initiate ApS
Personnel
22 persons
Established
2016
Company form
Private limited company
Industry

About Initiate ApS

Initiate ApS (CVR number: 37609757) is a company from KØBENHAVN. The company recorded a gross profit of 17.7 mDKK in 2025. The operating profit was 754.9 kDKK, while net earnings were 548.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. Initiate ApS's liquidity measured by quick ratio was 2.4 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit8 434.1911 707.1516 306.0417 517.0417 739.39
EBIT3 539.763 792.124 887.491 694.91754.88
Net earnings2 748.472 935.883 798.681 254.88548.86
Shareholders equity total3 749.304 685.186 483.855 738.746 287.60
Balance sheet total (assets)5 128.315 884.319 289.8111 039.959 698.64
Net debt-1 849.96-2 094.08-1 633.36220.33-2 382.77
Profitability
EBIT-%
ROA82.4 %68.9 %64.5 %17.0 %7.4 %
ROE95.6 %69.6 %68.0 %20.5 %9.1 %
ROI122.0 %89.3 %87.6 %24.2 %10.3 %
Economic value added (EVA)2 659.202 759.423 560.29987.58192.73
Solvency
Equity ratio73.1 %79.6 %69.8 %52.0 %64.8 %
Gearing1.4 %0.2 %36.6 %10.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.44.72.91.82.4
Current ratio3.44.72.91.82.4
Cash and cash equivalents1 901.562 102.701 633.361 879.673 041.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:7.37%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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