Init Denmark A/S

CVR 19256707 · Public limited company (A/S) · Active · Low risk

Init Denmark A/S is a Public limited company (A/S), founded on 10 April 1996, based in Søborg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 316.4m and a net result of DKK 13.6m.

Bankruptcy risk for Init Denmark A/S

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×

RegionHovedstaden · bankruptcy rate 11.6%1.3×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number: 19256707
Status: Active
Company type: Public limited company (A/S)
Founded: 10 April 1996 (30 years)
Address: Gladsaxevej 382, 3.
2860 Søborg
Municipality: Gladsaxe
Industry: Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital: DKK 1.0m
Employees: 92 (2018)
Auditor: DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out: No

Warning signs

Annual reports filed late	0 of 29
Missing annual report	No
Negative equity	No
Equity ratio	74.0%
Current ratio	218%
Moves (last 2 years)	0
CEO changes in total	2
CEO's previous bankruptcies	0
Other companies at the address	14
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Revenue	DKK 547.6m	DKK 457.2m
Gross profit	DKK 365.0m	DKK 316.0m
Net profit	DKK 13.6m	DKK -6.9m
Equity	DKK 316.4m	DKK 282.0m
Total assets	DKK 427.6m	DKK 410.8m
Cash	DKK 2.8m	–
Short-term debt	DKK 98.7m	–
Avg. employees	377	–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	30 Jun 2026	181
1 Jan 2024 – 31 Dec 2024	27 Jun 2025	178
1 Jan 2023 – 31 Dec 2023	4 Jun 2024	156
1 Oct 2021 – 31 Dec 2022	1 Jun 2023	152
1 Oct 2020 – 30 Sep 2021	28 Jan 2022	120
1 Oct 2019 – 30 Sep 2020	12 Feb 2021	135
1 Oct 2018 – 30 Sep 2019	13 Dec 2019	74
1 Oct 2017 – 30 Sep 2018	18 Dec 2018	79
1 Oct 2016 – 30 Sep 2017	21 Dec 2017	82
1 Oct 2015 – 30 Sep 2016	29 Nov 2016	60
1 Oct 2014 – 30 Sep 2015	26 Nov 2015	57
1 Oct 2013 – 30 Sep 2014	15 Dec 2014	76
1 Oct 2012 – 30 Sep 2013	16 Dec 2013	77
1 Oct 2011 – 30 Sep 2012	21 Dec 2012	82
1 Oct 2010 – 30 Sep 2011	22 Dec 2011	83
1 Oct 2009 – 30 Sep 2010	19 Dec 2010	80
1 Oct 2008 – 30 Sep 2009	17 Dec 2009	78
1 Oct 2007 – 30 Sep 2008	18 Dec 2008	79
1 Oct 2006 – 30 Sep 2007	2 Jan 2008	94
1 Oct 2005 – 30 Sep 2006	2 Jan 2007	94

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

Role	Name	From	To
CEO	Preben Jakobsen	2 May 2001	15 Nov 2001
Board	Hans Henrik Ebbensgaard	30 Sep 2004	Current
Board	Knut Akselvoll	7 Feb 2022	Current
Board	Christoffer Arthur Müller	7 Feb 2022	Current
Board	Preben Jakobsen	10 Apr 1996	15 Nov 2001
Board	Torben Vestergaard	10 Apr 1996	28 Sep 2007
Board	Jesper Johannesen	10 Apr 1996	2 Feb 2001
Board	Jens Erik Buhl	10 Apr 1996	2 Feb 2001
Board	Peder Mohr Jensen	2 Feb 2001	4 Jun 2002
Board	Eskild Lyngholm	2 Feb 2001	15 Nov 2001
Board	Bjarne Henning Nielsen	2 May 2001	8 Dec 2011
Board	Vagn Hinge	2 May 2001	12 Dec 2001
Board	Arne Jørgensen	15 Nov 2001	21 Jul 2006
Board	Jens Erik Buhl	15 Nov 2001	2 Dec 2003
Board	Jesper Thorlund Jensen	12 Sep 2002	21 Jul 2006
Board	Ellen Margrethe Vestergaard	21 Jul 2006	28 Sep 2007
Board	Morten Jørgensen	21 Jul 2006	15 Mar 2010
Board	Niels Peder Ledgaard Steffensen	28 Sep 2007	7 Feb 2022
Board	Leif Krog Jensen	28 Sep 2007	7 Feb 2022
Board	Jesper Vilsbøll	28 Sep 2007	7 Feb 2022
Board	Simon Aare	15 Mar 2010	8 Dec 2011
Board	Lars Thomas Blomqvist	7 Feb 2022	16 Dec 2024
Owner (100%)	Init Group ApS	7 Feb 2022	Current
Owner (67%)	PICCA AUTOMATION HOLDING A/S	1 Oct 2013	11 Sep 2019
Owner (25%)	PICCA AUTOMATION HOLDING II ApS	14 Oct 2013	11 Sep 2019
Owner (50%)	PICCA AUTOMATION HOLDING A/S	12 Sep 2019	7 Feb 2022
Owner (20%)	PICCA AUTOMATION HOLDING II ApS	12 Sep 2019	7 Feb 2022
Owner (15%)	Picca Automation Holding III ApS	12 Sep 2019	7 Feb 2022
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	26 Sep 2024	Current
Auditor	RS AF 1975. AKTIESELSKAB	10 Apr 1996	27 Mar 1998
Auditor	TOP B ApS	27 Mar 1998	4 Jul 2008
Auditor	GRANT THORNTON, STATSAUTORISERET REVISIONSAKTIESELSKAB	28 Sep 2007	15 Feb 2012
Auditor	Grant Thornton, Godkendt Revisionspartnerselskab	15 Feb 2012	22 Mar 2021
Auditor	Beierholm Godkendt Revisionspartnerselskab	22 Mar 2021	26 Sep 2024
Founder	TVJJ ApS	10 Apr 1996	Current

The CEOs' other companies

Preben Jakobsen – 26 other companies, of which 4 bankrupt

Green Hydrogen Systems A/S Bankrupt 25 Jun 2025
HELSE ACTIVE LIVING A/S Bankrupt 6 Sep 2010
Selskabet af 04.07.2022 A/S Bankrupt 8 Jul 2022
VERMØ A/S Bankrupt 6 Sep 2010
ANPARTSSELSKABET AF 19. DECEMBER 2011 Compulsorily dissolved
BEC ApS Fusioneret
Bilkærgaard ApS Active
DEL-TECH ApS Active
Datacentric A/S Active
EJENDOMSSELSKABET INDUSTRIVEJ, IKAST ApS Active
ELTANGGAARD A/S Opløst
FoodRemade ApS Active
HØJ EL & AUTOMATION ApS Active
INVESTERINGSSELSKABET AF 19. MAJ 2014 ApS Opløst
Industrial Automation Group ApS Active
JAK HOLDING ApS Active
JAK HoldCo af 20. December 2022 ApS Fusioneret
JAK Holding II ApS Active
KAT A/S Opløst
M-P JAK HOLDING ApS Opløst
MLJ trading ApS Opløst
NTO A/S Active
PICCA HANDEL ApS Opløst
RCATECH ApS Active
SOFT PARTNER A/S Fusioneret
TEEKON A/S Opløst

Address history (1 moves)

1 Feb 2018	Gladsaxevej 382, 3., 2860 Søborg
10 Apr 1996	Gladsaxevej 382, 3., 2860 Søborg

Former names

Init Denmark A/S	4 Dec 2023 – now
PICCA AUTOMATION A/S	10 Apr 1996 – 3 Dec 2023

Employees per year

Other companies at the same address

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Questions and answers about Init Denmark A/S

Has Init Denmark A/S gone bankrupt?

No, Init Denmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Init Denmark A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of Init Denmark A/S?

Init Denmark A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Init Denmark A/S founded?

Init Denmark A/S was founded on 10 April 1996.

What is the equity of Init Denmark A/S?

Equity was DKK 316.4m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.