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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

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit8 434.1911 707.1516 306.0417 517.0417 739.39
Employee benefit expenses-4 824.35-7 824.60-11 365.37-15 483.69-16 659.07
Total depreciation-70.08-90.43-53.18- 338.44- 325.44
EBIT3 539.763 792.124 887.491 694.91754.88
Other financial income0.016.3234.669.76
Other financial expenses-14.67-18.70-3.07- 110.16-58.36
Pre-tax profit3 525.093 773.434 890.741 619.40706.28
Income taxes- 776.61- 837.56-1 092.06- 364.52- 157.41
Net earnings2 748.472 935.883 798.681 254.88548.86

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible assets total
Machinery and equipment159.6869.25221.81979.40653.96
Tangible assets total159.6869.25221.81979.40653.96
Investments total237.77237.77933.55695.77695.77
Long term receivables total
Inventories total
Current trade debtors2 812.743 410.125 999.536 637.804 633.21
Prepayments and accrued income8.31481.48486.02523.53
Current other receivables50.7710.8726.60118.04
Current deferred tax assets8.2513.699.20334.6833.00
Short term receivables total2 829.293 474.596 501.087 485.105 307.78
Cash and bank deposits1 901.562 102.701 633.361 879.673 041.12
Cash and cash equivalents1 901.562 102.701 633.361 879.673 041.12
Balance sheet total (assets)5 128.315 884.319 289.8111 039.959 698.64

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital100.00100.00100.00100.00100.00
Shares repurchased2 000.002 000.002 000.00
Retained earnings-1 099.17- 350.70585.184 383.855 638.74
Profit of the financial year2 748.472 935.883 798.681 254.88548.86
Shareholders equity total3 749.304 685.186 483.855 738.746 287.60
Non-current liabilities total
Current loans from credit institutions48.255.26
Current trade creditors58.4581.46874.321 005.021 162.29
Current owed to participating3.363.362 100.00658.36
Short-term deferred tax liabilities69.80187.5722.41
Other non-interest bearing current liabilities1 268.951 039.261 744.071 750.471 508.58
Accruals and deferred income445.7259.40
Current liabilities total1 379.011 199.132 805.955 301.213 411.04
Balance sheet total (liabilities)5 128.315 884.319 289.8111 039.959 698.64
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