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Company/VAT no/Free text Country/City/Municipality

TURNOVER (x1000 DKK)

NET PROFIT (x1000 DKK)

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Initial Force AS

Closing information (x1000 DKK)

Closing information 2022/12 (consolidated) 2021/12 2020/12
Turnover 26,319 Less Arrow 20,222 Less Arrow 12,336
Financial expenses 983 Less Arrow 655 Less Arrow 633
Earnings before taxes -455 More Arrow 1,284 Less Arrow 18
Total assets 26,533 Less Arrow 24,118 Less Arrow 19,145
Current assets 10,412 Less Arrow 10,344 Less Arrow 8,066
Current liabilities 8,188 Less Arrow 5,928 Less Arrow 4,437
Equity capital 16,965 Less Arrow 16,312 Less Arrow 13,435
- share capital 7,883 Less Arrow 6,997 Less Arrow 6,204

Financial ratios

Fiscal year 2022/12 (consolidated) 2021/12 2020/12
Solvency 63.9% More Arrow 67.6% More Arrow 70.2%
Turnover per employee
Profit as a percentage of turnover -1.7% More Arrow 6.3% Less Arrow 0.1%
Return on assets (ROA) 2.0% More Arrow 8.0% Less Arrow 3.4%
Current ratio 127.2% More Arrow 174.5% More Arrow 181.8%
Return on equity (ROE) -2.7% More Arrow 7.9% Less Arrow 0.1%
Change turnover
Change turnover % 56% Less Arrow 18%
Chg. No. of employees
Chg. No. of employees %

Total value of public sale

Fiscal year 2022/12 (consolidated) 2021/12 2020/12
Total value of public sale 0 Equal arrow 0 Equal arrow 0

Closing figures are converted to the currency above at the exchange rate of the closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from Creditsafe.