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Initial Trading Denmark ApS
APS
Active
CVR 39537958
Fredensgade 20
Other specialised wholesale n.e.c. · NACE 4689
Est. 2018
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 121K
-19% vs 2023
EBITDA margin
25.9%
-47% vs 2023
Equity ratio
87.0%
Financial strength
Net profit 2024
DKK 11K
-57% vs 2023
EBITDA — year on year
DKK millions
0M
0M
1M
1M
1M
0M
2018
0M
0%
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
DKK 121K
-19%
EBITDA
DKK 31K
-47%
Net profit
DKK 11K
-57%
Total assets
DKK 365K
-5%
Equity
DKK 317K
+4%
Employees
1
—
Company information
Legal name
Initial Trading Denmark ApS
CVR number
39537958
Legal form
Anpartsselskab
NACE code
4689 · Other specialised wholesale n.e.c.
Founded
2. maj 2018
Share capital
DKK 50.000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af 1 direktør.
Company purpose
Selskabets formål er at drive handelsvirksomhed samt dermed beslægtet virksomhed.
Contact
Address
Fredensgade 20
Phone
+4528191777
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Other specialised wholesale n.e.c.
Companies in Odense
All Denmark companies
Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
DKK thousands
Item
2018
2019
2020
2021
2022
2023
2024
Revenue
—
0
1
183
336
150
121
Staff expenses
-0
-0
-0
-12
-100
-91
-90
EBITDA
0
0
-4
171
236
59
31
Depreciation & amort.
-0
-0
-0
-0
-0
-0
-0
EBIT
0
0
-4
171
236
59
31
Net financials
0
0
-50
-13
-25
-22
-13
Profit before tax
0
0
-55
159
212
37
18
Tax
-0
-0
-1
37
49
11
7
Net profit
0
0
-54
121
163
26
11
Balance sheet
DKK thousands
Item
2018
2019
2020
2021
2022
2023
2024
Total assets
50
50
44
176
416
383
365
Equity
50
50
-4
118
281
306
317
Long-term debt
0
0
0
0
0
0
0
Short-term debt
0
0
48
58
135
76
47
Total debt
0
0
48
58
135
76
47
Financial ratios
5-year trend
EBITDA margin
25.9%
This company
15.8%
Market median
+64% vs market
2018
2024
Equity ratio
87.0%
This company
38.2%
Market median
+128% vs market
2018
2024
Return on equity
3.5%
This company
18.4%
Market median
-81% vs market
2018
2024
Net profit margin
9.1%
This company
8.1%
Market median
+12% vs market
2018
2024
Asset turnover
0.33×
This company
1.12×
Market median
-71% vs market
2018
2024
Debt / equity
0.15×
This company
0.62×
Market median
+76% vs market
2018
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 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-05-02 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
TN
Thomas Nicola Ulisse
Management
Management
2021
—
—
MH
Mads Henrik Kristensen
Management
Management
2018
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
FRANCESCO ULISSE ApS
Company
50.0%
50.0%
2022
Conglomerate Holding ApS
Company
33.3%
33.3%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
FRANCESCO ULISSE ApS
Initial Trading Denmark ApS
(this company)
Board network connections
Board members of Initial Trading Denmark ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Thomas Nicola Ulisse
Management
0 companies
Mads Henrik Kristensen
Management
0 companies