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Init Group ApS

CVR: 42896136

Growing 179% p.a.Large companyEstablished (4 yrs)Loss-making

Secondary names: Nordic Automation Partner ApS

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About Init Group ApS

Init Group ApS is a Danish company of the type Anpartsselskab based in Søborg, founded in 2021. The company is registered under the industry Administrations- og kontorserviceaktiviteter. The management consists of Knut Akselvoll. The company is owned by AX VI INV6 Holding I ApS. In 2025, the company reported revenue of DKK 20,760,000 and a net result of DKK -39,459,000 compared with DKK -103,407,084 the year before. Equity amounted to DKK 247,174,000.

Init Group ApS is currently experiencing significant financial challenges, as evidenced by its declining profitability and substantial losses over the past few years. In 2025, the company reported a revenue of 20.76 million DKK but incurred a loss of 39.46 million DKK, following a trend of increasing revenue yet persistent negative profit margins. Equity has decreased from 362.62 million DKK in 2022 to 247.17 million DKK in 2025, indicating a concerning erosion of financial stability. Despite its notable equity position, the ongoing losses raise concerns about its operational efficiency and long-term viability within the administration and office services industry.

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Overview

Company type
APS
Anpartsselskab
Address
Gladsaxevej 376 1. tv, 2860 Søborg
GLADSAXE
2860 Søborg
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Founded
9.12.2021

Details

Industry
Administrations- og kontorserviceaktiviteter
Code: 821000
Capital
40.000 kr.

Contact

Phone
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Email
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Website
www.initgroup.io

Purpose

Selskabets formål er at levere management ydelser for datterselskaber samt drive virksomhed med anlægsinvestering, finansiering, industri, handel og anden i forbindelse hermed stående virksomhed.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
202520.8 mio.-39.5 mio.961.9 mio.247.2 mio.718
20246.8 mio.-103.4 mio.918.7 mio.266.1 mio.4
202322.4 mio.-70.2 mio.735 mio.352.9 mio.546
2022960 t.-25.5 mio.495.7 mio.362.6 mio.297

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Industry Benchmarks

View industry report

Compared to 1.535 companies in Administrations- og kontorserviceaktiviteter

Revenue
Company20.8 mio.
Industry median728 t.
28.5x
Profit margin
Company-190.1%
Industry median37.0%
100% below
Employees
Company718
Industry median3
239.3x
Equity ratio
Company25.7%
Industry median72.0%
2.8x below

Comparison is based on industry median values

Ownership

Owners
AX VI INV6 Holding I ApS
CVR: 42896098
100%
Init Group ApS
CVR: 42896136
Subsidiaries
Init Denmark A/S
CVR: 19256707(active)
100%
ProjectBinder ApS
CVR: 38584995(active)
100%

Management

Directors

Knut Akselvoll(ADM. DIR.)

Board

Tina Moe(FORMAND)
Christoffer Arthur Müller(NÆSTFORMAND)
Hans Henrik Ebbensgaard(BESTYRELSESMEDLEM)

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Founders

AX VI INV6 Holding I ApS

Production units (1)

Init Group ApS
P-no: 1027802377
Gladsaxevej 376 1. tv, 2860, Søborg
Administrations- og kontorserviceaktiviteter

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History

33 events
2026
Init Group ApS: The 2025 annual report is outJun 29, 2026

Init Group ApS has published its annual report for 2025. Revenue came to DKK 20,760,000, and the net result was DKK -39,459,000.

2025
Init Group ApS: The 2024 annual report is outJun 29, 2025

Init Group ApS has published its annual report for 2024. Revenue came to DKK 6,833,053, and the net result was DKK -103,407,084.

Ralph Arne Mikael Nilsson leaves the board of Init Group ApSFeb 25, 2025

As of February 25, 2025, Ralph Arne Mikael Nilsson has left the board of directors of Init Group ApS.

2024
Lars Thomas Blomqvist leaves the board of Init Group ApSDec 16, 2024

As of December 16, 2024, Lars Thomas Blomqvist has left the board of directors of Init Group ApS.

Init Group ApS: The 2023 annual report is outMay 31, 2024

Init Group ApS has published its annual report for 2023. Revenue came to DKK 22,436,115, and the net result was DKK -70,202,564.

Tina Moe joins the board of Init Group ApSApr 1, 2024

As of April 1, 2024, Tina Moe has joined the board of directors of Init Group ApS.

Christoffer Arthur Müller joins the board of Init Group ApSApr 1, 2024

As of April 1, 2024, Christoffer Arthur Müller has joined the board of directors of Init Group ApS.

Tina Moe leaves the board of Init Group ApSMar 31, 2024

As of March 31, 2024, Tina Moe has left the board of directors of Init Group ApS.

Christoffer Arthur Müller leaves the board of Init Group ApSMar 31, 2024

As of March 31, 2024, Christoffer Arthur Müller has left the board of directors of Init Group ApS.

2023
Init Group ApS appoints new auditorDec 19, 2023

As of December 19, 2023, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Init Group ApS.

Auditor steps down at Init Group ApSDec 19, 2023

As of December 19, 2023, Beierholm Godkendt Revisionspartnerselskab has stepped down as auditor of Init Group ApS.

Christoffer Arthur Müller joins the board of Init Group ApSAug 7, 2023

As of August 7, 2023, Christoffer Arthur Müller has joined the board of directors of Init Group ApS.

Knut Akselvoll leaves the board of Init Group ApSAug 7, 2023

As of August 7, 2023, Knut Akselvoll has left the board of directors of Init Group ApS.

Knut Akselvoll joins Init Group ApS as adm. dir.Aug 7, 2023

As of August 7, 2023, Knut Akselvoll is registered as adm. dir. of Init Group ApS.

Hans Henrik Ebbensgaard steps down as adm. dir. of Init Group ApSAug 7, 2023

As of August 7, 2023, Hans Henrik Ebbensgaard has stepped down as adm. dir. of Init Group ApS.

Christoffer Arthur Müller leaves the board of Init Group ApSAug 6, 2023

As of August 6, 2023, Christoffer Arthur Müller has left the board of directors of Init Group ApS.

Init Group ApS: The 2022 annual report is outMay 29, 2023

Init Group ApS has published its annual report for 2022. Revenue came to DKK 960,000, and the net result was DKK -25,450,798.

2022
Tina Moe joins the board of Init Group ApSMay 24, 2022

As of May 24, 2022, Tina Moe has joined the board of directors of Init Group ApS.

Knut Akselvoll joins the board of Init Group ApSMay 24, 2022

As of May 24, 2022, Knut Akselvoll has joined the board of directors of Init Group ApS.

Hans Henrik Ebbensgaard joins the board of Init Group ApSMay 24, 2022

As of May 24, 2022, Hans Henrik Ebbensgaard has joined the board of directors of Init Group ApS.

Christoffer Arthur Müller joins the board of Init Group ApSMay 24, 2022

As of May 24, 2022, Christoffer Arthur Müller has joined the board of directors of Init Group ApS.

Lars Thomas Blomqvist joins the board of Init Group ApSMay 24, 2022

As of May 24, 2022, Lars Thomas Blomqvist has joined the board of directors of Init Group ApS.

Ralph Arne Mikael Nilsson joins the board of Init Group ApSMay 24, 2022

As of May 24, 2022, Ralph Arne Mikael Nilsson has joined the board of directors of Init Group ApS.

Christian Gymos Schmidt-Jacobsen leaves the board of Init Group ApSMay 24, 2022

As of May 24, 2022, Christian Gymos Schmidt-Jacobsen has left the board of directors of Init Group ApS.

Hans Henrik Ebbensgaard joins Init Group ApS as adm. dir.May 24, 2022

As of May 24, 2022, Hans Henrik Ebbensgaard is registered as adm. dir. of Init Group ApS.

Jesper Frydensberg Rasmussen steps down as adm. dir. of Init Group ApSMay 24, 2022

As of May 24, 2022, Jesper Frydensberg Rasmussen has stepped down as adm. dir. of Init Group ApS.

Christoffer Arthur Müller leaves the board of Init Group ApSMay 23, 2022

As of May 23, 2022, Christoffer Arthur Müller has left the board of directors of Init Group ApS.

Init Group ApS appoints new auditorJan 31, 2022

As of January 31, 2022, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of Init Group ApS.

2021
Christian Gymos Schmidt-Jacobsen joins the board of Init Group ApSDec 9, 2021

As of December 9, 2021, Christian Gymos Schmidt-Jacobsen has joined the board of directors of Init Group ApS.

Christoffer Arthur Müller joins the board of Init Group ApSDec 9, 2021

As of December 9, 2021, Christoffer Arthur Müller has joined the board of directors of Init Group ApS.

Jesper Frydensberg Rasmussen joins Init Group ApS as adm. dir.Dec 9, 2021

As of December 9, 2021, Jesper Frydensberg Rasmussen is registered as adm. dir. of Init Group ApS.

AX VI INV6 Holding I ApS registered as owner of Init Group ApSDec 9, 2021

As of December 9, 2021, AX VI INV6 Holding I ApS is registered as an owner of Init Group ApS with an ownership share of 100%.

Init Group ApS is foundedDec 9, 2021

Init Group ApS was founded on December 9, 2021.

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