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A/SDissolvedCVR 37237310Jyllandsgade 42Manufacture of electricity distribution and control apparatus · NACE 2712Est. 197647 employees
Revenue 2023
DKK 26,8M
-3% vs 2022
EBITDA margin
-0.3%
-102% vs 2022
Equity ratio
27.4%
Financial strength
Net profit 2023
DKK -343K
-110% vs 2022
| Revenue | DKK 26,8M | -3% |
| EBITDA | DKK -83K | -102% |
| Net profit | DKK -343K | -110% |
| Total assets | DKK 31,1M | +18% |
| Equity | DKK 8,5M | -4% |
| Employees | 47 | — |
Legal name
Init DANIIT A/S
CVR number
37237310
Legal form
Aktieselskab
NACE code
2712 · Manufacture of electricity distribution and control apparatus
Founded
13. december 1976
Share capital
DKK 1.900.000
Employees
47 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktionen i forening med bestyrelsesformanden eller af den samlede bestyrelse i forening.
Address
Jyllandsgade 42
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| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.442 | 15.079 | 12.359 | — | 19.136 | 19.273 | 21.017 | 23.923 | 23.802 | 23.221 | 27.512 | 26.752 |
| Staff expenses | -19.427 | -15.987 | -15.732 | -13.698 | -16.592 | -21.820 | -21.807 | -20.533 | -20.432 | -18.913 | -22.750 | -26.835 |
| EBITDA | 5.014 | -908 | -3.372 | -1.321 | 2.544 | -2.547 | -793 | 3.390 | 3.370 | 4.308 | 4.762 | -83 |
| Depreciation & amort. | 492 | 506 | -432 | -387 | -295 | -303 | -920 | -134 | -105 | -62 | -116 | -274 |
| EBIT | 4.522 | -1.414 | -3.804 | -1.708 | 2.249 | -2.850 | -1.713 | 3.256 | 3.265 | 4.245 | 4.646 | -356 |
| Net financials | 20 | 14 | 25 | -20 | -24 | -76 | 1.659 | -21 | -114 | -104 | -54 | -76 |
| Profit before tax | 4.542 | -1.400 | -3.779 | -1.728 | 2.224 | -2.926 | -53 | 3.234 | 3.150 | 4.142 | 4.592 | -432 |
| Tax | 1.153 | -376 | -977 | -459 | 492 | -634 | -387 | 727 | 702 | 915 | 981 | -89 |
| Net profit | 3.389 | -1.023 | -2.802 | -1.269 | 1.732 | -2.291 | 334 | 2.508 | 2.448 | 3.227 | 3.611 | -343 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 22.855 | 17.048 | 11.249 | 10.131 | 14.412 | 14.036 | 15.274 | 18.493 | 17.634 | 18.281 | 26.422 | 31.122 |
| Equity | 10.110 | 5.786 | 2.984 | 1.715 | 3.447 | 756 | 3.089 | 5.597 | 7.045 | 8.272 | 8.883 | 8.540 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 10.161 | 9.054 | 7.025 | 7.625 | 9.885 | 12.835 | 12.123 | 12.810 | 10.587 | 9.619 | 16.770 | 22.121 |
| Total debt | 10.161 | 9.054 | 7.025 | 7.625 | 9.885 | 12.835 | 12.123 | 12.810 | 10.587 | 9.619 | 16.770 | 22.121 |
EBITDA margin
-0.3%
This company
15.8%
Market median
-102% vs market
20122023
Equity ratio
27.4%
This company
38.2%
Market median
-28% vs market
20122023
Return on equity
-4.0%
This company
18.4%
Market median
-122% vs market
20122023
Net profit margin
-1.3%
This company
8.1%
Market median
-116% vs market
20122023
Asset turnover
0.86×
This company
1.12×
Market median
+23% vs market
20122023
Debt / equity
2.64×
This company
0.62×
Market median
-326% vs market
20122023
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
SA Deputy | Deputy | 2007 | — | — |
JO Management | Management | 2000 | — | — |
PD Chief Executive Officer | Chief Executive Officer | 2003 | — | — |
UL Management | Management | 1976 | — | — |
JA Chief Executive Officer | Chief Executive Officer | 2000 | — | — |
LE Deputy | Deputy | 1999 | — | — |
BP Management | Management | 2003 | — | — |
PM Management | Management | 1998 | — | — |
TP Deputy | Deputy | 2007 | — | — |
GM Deputy | Deputy | 2003 | — | — |
HK Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
JJ Deputy | Deputy | 2003 | — | — |
CP Deputy | Deputy | 2011 | — | — |
JM Management | Management | 2022 | — | — |
KH Chief Executive Officer | Chief Executive Officer | 1999 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2007 | — | — | |
| Chairman | 2019 | — | — | |
| Board of Directors | 1998 | — | — | |
| Board of Directors | 1998 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2005 | — | — | |
| Chairman | 2011 | — | — | |
| Board of Directors | 1999 | — | — | |
| Board of Directors | 2003 | — | — | |
| Chairman | 2006 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 2018 | — | — | |
| Deputy Chairman | 2003 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2018 | — | — | |
| Chairman | 2003 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 1998 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
KONGSTAD HOLDING ApS | Company | 25.0% | 25.0% | 2020 |
MEIER ApS | Company | 25.0% | 25.0% | 2020 |
Init Denmark A/S | Company | 100.0% | 100.0% | 2023 |
KEHA Invest ApS | Company | 10.0% | 10.0% | 2018 |
Brygge Partners I A/S | Company | 33.3% | 33.3% | 2018 |
BOMEKO A/S | Company | 33.3% | 33.3% | 2018 |
SEBI Holding ApS | Company | 15.0% | 15.0% | 2018 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of Init DANIIT A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Sanne Andersen | Deputy | 0 companies |
| Jens Oluf Johansen | Management | 0 companies |
| Palle Damborg Andersen | Chief Executive Officer | 0 companies |
| Uwe Lorenzen | Management | 0 companies |
| Jens Andersen | Chief Executive Officer | 0 companies |
| Lasse Ellegaard | Deputy | 0 companies |
| Brian Pharao Kristiansen | Management | 0 companies |
| Peter Møller Petersen | Management | 0 companies |
| Tim Petersen | Deputy | 0 companies |
| Gert Mehlberg | Deputy | 0 companies |
| Henning Kongstad | Chief Executive Officer | 0 companies |
| Jacob Jørgensen | Deputy | 0 companies |
| Carsten Poulsen | Deputy | 0 companies |
| Jens Meier | Management | 0 companies |
| Kåre Håhr Dupont | Chief Executive Officer | 0 companies |
| Ingeborg Nordviken Kristiansen | Board of Directors | 0 companies |
| Erik Berg | Board of Directors | 0 companies |
| Niels Pedersen | Chairman | 0 companies |
| Carsten Marinus Lundhøj | Board of Directors | 0 companies |
| Henry Kjær | Board of Directors | 0 companies |
| Tania Christensen | Board of Directors | 0 companies |
| Carsten Højer Jensen | Board of Directors | 0 companies |
| Søren Christensen | Chairman | 0 companies |
| Morten Rene Magnusson | Board of Directors | 0 companies |
| Ole Bolding | Board of Directors | 0 companies |
| Hans Christensen | Chairman | 0 companies |
| Hans Henrik Ebbensgaard | Chairman | 0 companies |
| Dorthe Pharao Kristiansen | Board of Directors | 0 companies |
| Hans Lindum Møller | Deputy Chairman | 0 companies |
| Morten Petri Jensen | Board of Directors | 0 companies |
| Kent Ernst Hansen | Chairman | 0 companies |
| Eskild Lyngholm | Chairman | 0 companies |
| Jesper Stenmann Christensen | Board of Directors | 0 companies |
| Arne Aaberg Boldsen | Board of Directors | 0 companies |