Initio Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37691496
Krogårdsvej 23, 2670 Greve

Company information

Official name
Initio Holding ApS
Established
2016
Company form
Private limited company
Industry

About Initio Holding ApS

Initio Holding ApS (CVR number: 37691496) is a company from GREVE. The company recorded a gross profit of -26.7 kDKK in 2023, demonstrating a decline of -64.2 % compared to the previous year. The operating profit was -27.7 kDKK, while net earnings were -199.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.9 %, which can be considered poor and Return on Equity (ROE) was -36.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Initio Holding ApS's liquidity measured by quick ratio was 17.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales-16.28
Gross profit-9.42-9.78-32.51-16.28-26.74
EBIT-9.42-9.78-32.51-16.28-27.71
Net earnings710.08139.5148.31-58.85- 199.44
Shareholders equity total690.96830.47878.78705.53388.29
Balance sheet total (assets)709.61873.85918.10728.42411.13
Net debt- 692.74- 543.55- 899.09- 705.90- 389.57
Profitability
EBIT-%
ROA186.7 %20.9 %12.5 %6.7 %-34.9 %
ROE189.3 %18.3 %5.7 %-7.4 %-36.5 %
ROI189.1 %21.5 %13.0 %6.9 %-35.8 %
Economic value added (EVA)-7.40-7.81-39.23-15.22-27.24
Solvency
Equity ratio97.4 %95.0 %95.7 %96.9 %94.4 %
Gearing1.2 %1.0 %1.0 %1.3 %2.3 %
Relative net indebtedness %4251.5 %
Liquidity
Quick ratio37.619.923.131.517.6
Current ratio37.619.923.131.517.6
Cash and cash equivalents701.14551.95907.83714.98398.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1223.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-34.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.4%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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