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Init Denmark A/S
A/S
Active
CVR 19256707
Gladsaxevej 382, 2860
Søborg
Computer programming activities
·
NACE 6210
Est. 1996 · 30 years old
420 employees
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Denmark
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Companies
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Computer programming activities
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Init Denmark A/S
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
0M
91M
182M
273M
363M
90M
2020
101M
2021
149M
2022
154M
2023
316M
2024
EBITDA
DKK millions
71M
53M
36M
18M
0M
24M
2020
34M
+42%
2021
46M
+35%
2022
40M
-13%
2023
57M
+43%
2024
Income statement
DKK thousands
Item
2020
2021
2022
2023
2024
Gross profit
89.604
100.744
149.160
154.218
315.974
Staff expenses
-65.620
-66.640
-102.795
-114.179
-258.924
EBITDA
23.984
34.104
46.365
40.039
56.796
Depreciation & amort.
-1.708
-479
-1.446
-7.222
-36.400
EBIT
22.276
33.625
44.919
32.817
20.396
Net financials
-112
-116
-700
-16.799
-20.651
Profit before tax
22.165
33.509
44.219
16.018
-255
Tax
5.125
7.379
9.789
4.735
6.667
Net profit
17.040
26.130
34.430
11.282
-6.922
Balance sheet
DKK thousands
Item
2020
2021
2022
2023
2024
Total assets
48.070
67.793
283.258
425.717
420.822
Equity
24.906
33.996
68.561
186.906
291.973
Long-term debt
0
0
169.987
161.121
41.026
Short-term debt
19.978
31.522
40.696
69.427
86.318
Total debt
19.978
31.522
210.683
230.548
127.344
Financial ratios
5-year trend
EBITDA margin (of gross profit)
18.0%
This company
2020
2024
Equity ratio
69.4%
This company
38.2%
Market median
+82% vs market
2020
2024
Return on equity
-2.4%
This company
18.4%
Market median
-113% vs market
2020
2024
Net profit margin (of gross profit)
-2.2%
This company
2020
2024
Asset turnover (of gross profit)
0.75×
This company
2020
2024
Debt / equity
0.44×
This company
0.62×
Market median
+29% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
View
PDF
More on Init Denmark A/S
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Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
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Corporate hierarchy, parent and subsidiary network
