Initiate ApS: Financial statements 2020
CVR: 37609757
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Initiate ApS (CVR 37609757) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 5,008,473 and a net result of DKK 1,034,350 compared with DKK 1,689,108 the year before. That is a decrease of 8.3% compared with the year before. Equity in the 2020 report amounted to DKK 2,000,827. The solvency ratio was 57.8%. The company had 5 employees in the financial year.
- Gross Profit
- DKK 5,008,473
- Profit/Loss
- DKK 1,034,350
- Equity
- DKK 2,000,827
- Total Assets
- DKK 3,460,770
- Employees
- 5
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 5 mio. | 1 mio. | 2 mio. | 5 |
| 2019 | - | 5.5 mio. | 1.7 mio. | 2.2 mio. | 5 |
| 2018 | - | 3.3 mio. | 1.1 mio. | 1.3 mio. | 3 |
| 2017 | - | 2.3 mio. | 581 t. | 722 t. | 2 |
Official annual report
How creditworthy is Initiate ApS?
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreEvents in 2020
Initiate ApS has published its annual report for 2019. Gross profit came to DKK 5,462,145, and the net result was DKK 1,689,108.
About Initiate ApS
Initiate ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2016. The company is registered under the industry Computerkonsulentbistand og forvaltning af computerfaciliteter. The management consists of Kasper Torstein Thomsen and Morten Straube Andersson. The company is owned by Ymo Holding ApS and Kasper Torstein Holding ApS. The company has 27 employees (2026). In 2025, the company reported a gross profit of DKK 17,739,388 and a net result of DKK 548,863 compared with DKK 1,254,885 the year before. Equity in the 2025 report amounted to DKK 6,287,603.