Init Denmark A/S: Financial statements 2020
CVR: 19256707
Source: annual report 2020, Danish Business Authority
01/10/2019 – 30/09/2020
Init Denmark A/S (CVR 19256707) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 89,604,291 and a net result of DKK 17,039,650 compared with DKK 13,682,096 the year before. That is an increase of 11.9% compared with the year before. Equity in the 2020 report amounted to DKK 24,905,924. The solvency ratio was 51.8%. The company had 95 employees in the financial year.
- Gross Profit
- DKK 89,604,291
- Profit/Loss
- DKK 17,039,650
- Equity
- DKK 24,905,924
- Total Assets
- DKK 48,069,721
- Employees
- 95
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 89.6 mio. | 17 mio. | 24.9 mio. | 95 |
| 2019 | - | 80.1 mio. | 13.7 mio. | 21.5 mio. | 89 |
| 2018 | - | 79.2 mio. | 11.2 mio. | 19.1 mio. | 84 |
| 2017 | - | 72.9 mio. | 10.8 mio. | 15.4 mio. | 81 |
| 2016 | - | 53.8 mio. | 10.1 mio. | 14.7 mio. | 55 |
Official annual report
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Init Denmark A/S is a Danish company of the type Aktieselskab based in Søborg, founded in 1996. The company is registered under the industry Computerprogrammering. The management consists of Hans Henrik Ebbensgaard. The board consists of Knut Akselvoll (chair), Christoffer Arthur Müller and Hans Henrik Ebbensgaard. The company is owned by Init Group ApS. The company has 92 employees (2018). In 2025, the company reported revenue of DKK 547,594,000 and a net result of DKK 13,617,000 compared with DKK -6,922,231 the year before. Equity in the 2025 report amounted to DKK 316,440,000.