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Init Denmark A/S: Financial statements 2021

CVR: 19256707

Source: annual report 2021, Danish Business Authority

01/10/2020 – 30/09/2021

Init Denmark A/S (CVR 19256707) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 100,743,587 and a net result of DKK 26,129,909 compared with DKK 17,039,650 the year before. That is an increase of 12.4% compared with the year before. Equity in the 2021 report amounted to DKK 33,996,183. The solvency ratio was 50.1%. The company had 95 employees in the financial year.

Gross Profit
DKK 100,743,587
Profit/Loss
DKK 26,129,909
Equity
DKK 33,996,183
Total Assets
DKK 67,792,800
Employees
95

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2021-100.7 mio.26.1 mio.34 mio.95
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

Official annual report

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Events in 2021

Init Denmark A/S appoints new auditorMar 22, 2021

As of March 22, 2021, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of Init Denmark A/S.

Auditor steps down at Init Denmark A/SMar 22, 2021

As of March 22, 2021, Grant Thornton, Godkendt Revisionspartnerselskab has stepped down as auditor of Init Denmark A/S.

Init Denmark A/S: The 2020 annual report is outFeb 12, 2021

Init Denmark A/S has published its annual report for 2020. Gross profit came to DKK 89,604,291, and the net result was DKK 17,039,650.

About Init Denmark A/S

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.

Source: annual report 2025, Danish Business Authority