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INITWI AS
AS
Active
Org 921744838
Drøbakveien 18, 1454 Fagerstrand
Drift av restauranter og kafeer · NACE 56101
Est. 2018
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 5,8M
+19% vs 2021
EBITDA margin
33.9%
+23% vs 2021
Equity ratio
85.6%
Financial strength
Net profit 2022
NOK 1,5M
+24% vs 2021
EBITDA — year on year
NOK millions
0M
1M
1M
2M
3M
0M
2018
0M
0%
2019
0M
0%
2020
2M
+200%
2021
2M
0%
2022
Key figures
Annual report 2022
Revenue
NOK 5,8M
+19%
EBITDA
NOK 2M
+23%
Net profit
NOK 1,5M
+24%
Total assets
NOK 4M
+53%
Equity
NOK 3,5M
+67%
Employees
0
—
Company information
Legal name
INITWI AS
Org number
921744838
Legal form
Aksjeselskap
NACE code
56101 · Drift av restauranter og kafeer
Founded
22. november 2018
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Abdullah rashid hassan
Company purpose
Å drive restaurant
Contact
Address
Drøbakveien 18, 1454 Fagerstrand
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Nesodden
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
0M
2018
0M
2019
1M
2020
5M
2021
6M
2022
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2018
0M
2019
0M
2020
2M
2021
2M
2022
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
Revenue
0
0
1 171
4 895
5 846
Staff expenses
−0
−0
−378
−0
−0
EBITDA
−50
−16
−249
1 615
1 979
Depreciation & amort.
−0
−0
−5
−49
−35
EBIT
−50
−16
−254
1 566
1 944
Net financials
0
0
−0
2
2
Profit before tax
−50
−16
−254
1 568
1 946
Tax
−12
12
−0
345
428
Net profit
−38
−28
−254
1 223
1 518
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
Total assets
298
274
202
2 654
4 049
Equity
−2
−30
−284
2 074
3 464
Long-term debt
0
0
0
0
227
Short-term debt
300
305
487
578
358
Total debt
300
305
487
578
585
Financial ratios
5-year trend
EBITDA margin
33.9%
This company
15.8%
Market median
+115% vs market
2018
2022
Equity ratio
85.6%
This company
38.2%
Market median
+124% vs market
2018
2022
Return on equity
43.8%
This company
18.4%
Market median
+138% vs market
2018
2022
Net profit margin
26.0%
This company
8.1%
Market median
+221% vs market
2018
2022
Asset turnover
1.44×
This company
1.12×
Market median
+29% vs market
2018
2022
Debt / equity
0.17×
This company
0.62×
Market median
+73% vs market
2018
2022
Annual reports & filings
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-10-26 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
AR
Abdullah Rashid Hassan
Chief Executive Officer
Chief Executive Officer
2022
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
TV
Timone Valentin Lopez
Board of Directors
2022
—
—
BK
Brage Kvalvaag Myking
Chairman
2022
—
—
BS
Balbinder Singh
Board of Directors
2022
—
—
Shareholders
As of last annual report
No shareholder data available.
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
No registered parent or subsidiaries
Board network connections
Board members of INITWI AS also hold positions in
0
other companies.
Person
Role here
Other companies
Abdullah Rashid Hassan
Chief Executive Officer
0 companies
Timone Valentin Lopez
Board of Directors
0 companies
Brage Kvalvaag Myking
Chairman
0 companies
Balbinder Singh
Board of Directors
0 companies