Initiate ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
Initiate ApS
Personnel
25 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 17.5 mDKK in 2024. The operating profit was 1694.9 kDKK, while net earnings were 1254.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52 %, 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. Initiate ApS's liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 008.478 434.1911 707.1516 306.0417 517.04
EBIT1 345.103 539.763 792.124 887.491 694.91
Net earnings1 034.352 748.472 935.883 798.681 254.88
Shareholders equity total2 000.833 749.304 685.186 483.855 738.74
Balance sheet total (assets)3 460.775 128.315 884.319 289.8111 039.95
Net debt-2 158.50-1 849.96-2 094.08-1 633.36220.33
Profitability
EBIT-%
ROA35.9 %82.4 %68.9 %64.5 %17.0 %
ROE49.6 %95.6 %69.6 %68.0 %20.5 %
ROI63.4 %122.0 %89.3 %87.6 %24.2 %
Economic value added (EVA)936.782 659.202 759.423 560.29987.58
Solvency
Equity ratio57.8 %73.1 %79.6 %69.8 %52.0 %
Gearing0.2 %1.4 %0.2 %36.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.44.72.91.8
Current ratio2.23.44.72.91.8
Cash and cash equivalents2 161.861 901.562 102.701 633.361 879.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.