INITTO A/S

CVR 26224128 · Public limited company (A/S) · Active · Low risk

INITTO A/S is a Public limited company (A/S), founded on , based in Hellerup. 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 23.2m and a net result of DKK -2,000. CEO: Rahool Suhas Joshi.

Bankruptcy risk for INITTO A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Auditor's statementAndet · bankruptcy rate 0.0%0.00×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
26224128
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
c/o Saxo Bank A/S, Philip Heymans Alle 15
2900 Hellerup
Municipality
Gentofte
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 1.6m
Employees
9 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 24
Missing annual reportNo
Negative equityNo
Equity ratio99.8%
Current ratio–
Moves (last 2 years)0
CEO changes in total22
CEO's previous bankruptcies0
Other companies at the address24
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK 0
Net profitDKK -2,000DKK 17k
EquityDKK 23.2mDKK 23.2m
Total assetsDKK 23.3mDKK 23.3m
CashDKK 2.6m–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Independent Auditor’s Report · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025113
1 Jan 2024 – 31 Dec 202492
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022152
1 Jan 2021 – 31 Dec 2021143
1 Jan 2020 – 31 Dec 2020125
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016131
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011176
1 Jan 2010 – 31 Dec 2010142
1 Jan 2009 – 31 Dec 2009172
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007172
1 Jan 2006 – 31 Dec 2006182

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

RoleNameFromTo
CEORahool Suhas JoshiCurrent
CEOLiselotte Sandbjerg Vejlgaard
CEOMartin Anders Bentzen
CEOMartin Kring
CEONiels Henrik Sørensen
CEOJesper Kring
CEOMikael Munck
CEONiels Henrik Sørensen
CEORené Just
CEOThomas Kempf
CEONiels Henrik Leist
CEOMikael Munck
CEOSøren Kofoed Kristensen
CEODeepak Gupta
BoardAndreas JanholtCurrent
BoardThomas Julian GraversCurrent
BoardRahool Suhas JoshiCurrent
BoardNiels Henrik Sørensen
BoardMartin Kring
BoardAndreas Büttcher Larsen
BoardJesper Kring
BoardMichael Sauer
BoardChristian Kruse-Madsen
BoardKarina Kjær Deacon
BoardAndré Sode
BoardBjørn Krog Andersen
BoardBjørn Krog Andersen
BoardMikkel Barth-Højgaard
BoardThomas Kempf
BoardAndreas Janholt
BoardAndreas Janholt
BoardTom Taul Bjerre
BoardMikael Munck
BoardSøren Kofoed Kristensen
BoardRasmus Hagstad Lund
BoardDeepak Gupta
Owner (100%)SAXO BANK A/SCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorC L REVISION V/CHRISTIAN LUNDGAARD
AuditorDALSGAARD, STAHL & WØLDIKE. GODKENDT REVISIONSANPARTSSELSKAB
AuditorMJAKP2 I/S
AuditorBUUS JENSEN I/S STATSAUTORISEREDE REVISORER
AuditorEY Godkendt Revisionspartnerselskab
FounderPARSIMONIA FINANCE ApSCurrent

The CEOs' other companies

Liselotte Sandbjerg Vejlgaard – 8 other companies, of which 2 bankrupt

Martin Kring – 29 other companies, of which 1 bankrupt

Niels Henrik Sørensen – 10 other companies

Jesper Kring – 29 other companies, of which 5 bankrupt

Mikael Munck – 8 other companies, of which 2 bankrupt

René Just – 5 other companies

Thomas Kempf – 7 other companies

Søren Kofoed Kristensen – 1 other companies

Address history (9 moves)

c/o Saxo Bank A/S, Philip Heymans Alle 15, 2900 Hellerup
Philip Heymans Alle 15, 2900 Hellerup
Tuborg Boulevard 5, 2900 Hellerup
Philip Heymans Alle 5, st., 2900 Hellerup
Tuborg Boulevard 12, 3. 447, 2900 Hellerup
Borupvang 2C, 2., 2750 Ballerup
Rued Langgaards Vej 7, 2300 København S
Valbyvej 32, 4200 Slagelse
Valbyvej 32, 4200 Slagelse
Bagsværdvej 70B, 2800 Kgs.Lyngby

Former names

INITTO A/S – now
KRING TECHNOLOGIES A/S –
KRING IT TECHNOLOGIES A/S –
KRING IT DEVELOPMENT A/S –
KRING IT DEVELOPMENT ApS –
KRING IT PARTNER ApS –
PARCA BEKLÆDNING ApS –

Employees per year

Number of employees at INITTO A/S per year10202011: 2020112012: 1020122013: 520132014: 1020142015: 520152016: 1920162017: 320172018: 92018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about INITTO A/S

Has INITTO A/S gone bankrupt?

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

What is the bankruptcy risk of INITTO 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 CEO of INITTO A/S?

Rahool Suhas Joshi is the CEO of INITTO A/S.

Who is the auditor of INITTO A/S?

INITTO A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was INITTO A/S founded?

INITTO A/S was founded on 27 August 2001.

What is the equity of INITTO A/S?

Equity was DKK 23.2m 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.