Initiator Pharma A/S — Credit Rating and Financial Key Figures

CVR number: 37663808
Ole Maaløes Vej 3, 2200 København N

Credit rating

Company information

Official name
Initiator Pharma A/S
Personnel
4 persons
Established
2016
Company form
Limited company
Industry

About Initiator Pharma A/S

Initiator Pharma A/S (CVR number: 37663808) is a company from KØBENHAVN. The company recorded a gross profit of -23413 kDKK in 2023. The operating profit was -27 mDKK, while net earnings were -22.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -69.2 %, which can be considered poor and Return on Equity (ROE) was -101.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Initiator Pharma A/S's liquidity measured by quick ratio was 9.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8 366.00-21 626.00-38 425.00-23 413.00
EBIT-9 339.00-10 531.00-23 072.00-41 740.00-27 030.00
Net earnings-8 288.00-8 697.00-21 064.00-38 455.00-22 873.00
Shareholders equity total9 908.0014 409.0034 994.0034 023.0011 162.00
Balance sheet total (assets)11 438.0015 603.0053 701.0048 345.0029 786.00
Net debt-7 562.00-21 056.00-26 535.00-8 899.00
Profitability
EBIT-%
ROA-64.9 %-77.9 %-66.6 %-81.8 %-69.2 %
ROE-62.6 %-71.5 %-85.3 %-111.4 %-101.2 %
ROI-70.5 %-86.6 %-73.6 %-88.0 %-73.9 %
Economic value added (EVA)-7 864.08-9 062.04-20 769.78-37 071.08-22 690.39
Solvency
Equity ratio86.6 %46.2 %65.2 %70.4 %37.5 %
Gearing38.0 %37.0 %138.3 %
Relative net indebtedness %
Liquidity
Quick ratio7.57.126.59.3
Current ratio7.59.927.79.3
Cash and cash equivalents7 562.0034 346.0039 112.0024 336.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-69.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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