INITTO A/S: Financial statements 2020
CVR: 26224128
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
INITTO A/S (CVR 26224128) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 2,872,000 and a net result of DKK 207,000 compared with DKK 414,000 the year before. That is a decrease of 51.9% compared with the year before. Equity in the 2020 report amounted to DKK 26,031,000. The solvency ratio was 97.8%. The company had 3 employees in the financial year.
- Gross Profit
- DKK 2,872,000
- Profit/Loss
- DKK 207,000
- Equity
- DKK 26,031,000
- Total Assets
- DKK 26,603,000
- Employees
- 3
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 2.9 mio. | 207 t. | 26 mio. | 3 |
| 2019 | - | 6 mio. | 414 t. | 25.8 mio. | 7 |
| 2018 | - | 4.5 mio. | 320 t. | 25.4 mio. | 4 |
| 2017 | - | 5.2 mio. | 255 t. | 25.1 mio. | 5 |
| 2016 | - | 4.2 mio. | -8 t. | 24.8 mio. | 6 |
Official annual report
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INITTO A/S has published its annual report for 2019. Gross profit came to DKK 5,977,000, and the net result was DKK 414,000.
As of February 5, 2020, Deepak Gupta is registered as director of INITTO A/S.
As of February 5, 2020, Søren Kofoed Kristensen has stepped down as director of INITTO A/S.
As of January 28, 2020, Deepak Gupta has joined the board of directors of INITTO A/S.
As of January 28, 2020, Søren Kofoed Kristensen has left the board of directors of INITTO A/S.
About INITTO A/S
INITTO A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 2001. The company is registered under the industry Computerprogrammering. The company was previously named KRING TECHNOLOGIES A/S and KRING IT TECHNOLOGIES A/S. The management consists of Rahool Suhas Joshi. The board consists of Thomas Julian Gravers (chair), Andreas Janholt and Rahool Suhas Joshi. The company is owned by SAXO BANK A/S. The company has 1 employee (2021). In 2025, the company reported a net result of DKK -2,000 compared with DKK 17,000 the year before. Equity in the 2025 report amounted to DKK 23,216,000.
