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Init Group ApS

Private limited companyCVR 42896136SøborgActive

Init Group ApS is a private limited company, based in Søborg, active in office administrative and support activities, founded in 2021. Measured by gross profit, it ranks no. 7 of 498 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 39.5m.

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Key figures · financial year 2025

RevenueDKK 1.1bn+23% vs. 2024
Net profit−DKK 39.5m+61.8% vs. 2024
EquityDKK 247.2m−7.1% vs. 2024
Employees11latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 18% (2024 → 2025), to DKK 642.7m.
  • Revenue rose 23% (2024 → 2025), to DKK 1.1bn.
  • The loss got smaller: from DKK 103.4m to DKK 39.5m (2024 → 2025).
  • Equity fell 7% (2024 → 2025), to DKK 247.2m.

Employees

  • 2 more employees than a year earlier: 11 (07/2026) against 9 (07/2025).

Management and owners, last 24 months

  • Stepped down: Lars Thomas Blomqvist (board member, 16/12/2024) and Ralph Arne Mikael Nilsson (board member, 25/02/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Office administrative and support activities (821000)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2022–2025 · amounts in DKK thousand

Equity and net profit

−DKK 200m−DKK 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400m2022202320242025
EquityNet profit
Financial figures for Init Group ApS
2022202320242025Change
Revenue319,515653,148864,6751,063,147+23%
Gross profit182,989406,323542,821642,691+18.4%
Operating profit (EBIT)−7,765−3,248−37,58728,326+175.4%
Profit before tax−13,795−57,014−90,508−21,433+76.3%
Net profit−25,493−70,203−103,407−39,459+61.8%
Total assets766,0711,041,0231,118,4311,136,551+1.6%
Equity362,863352,866266,105247,174−7.1%
Liabilities400,183680,694849,146872,237+2.7%
Cash and cash equivalents58,59366,96171,51590,648+26.8%
Average number of employees297546697718+3%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m2022202320242025
Gross profitMedian, the industry (505 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

4 financial years
Annual reports for Init Group ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202429/06/2025The groupPDFXBRL
202301/01/2023 – 31/12/202331/05/2024The groupPDFXBRL
202209/12/2021 – 31/12/202229/05/2023The groupPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
02468101208/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

505 companies in the database

Comparison with the other companies in office administrative and support activities based on the latest financial year.

Gross profitDKK 642.7mNo. 7 of 498
Better than 99% of the companies in the industry
EquityDKK 247.2mNo. 52 of 505
Better than 90% of the companies in the industry
Number of employees11No. 12 of 505
Better than 98% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 81,918, equity DKK 1.9m, 4 employees.

DKK 100kDKK 1.2mDKK 13.2mDKK 152.1mDKK 775.2mHere
Distribution of gross profit for 425 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 52of 69,742
Better than 100%
No. 855of 69,964
Better than 99%
Same industry and fewer than 20 employees428 companies in the comparison
No. 4of 423
Better than 99%
No. 38of 428
Better than 91%
Companies that are founded within the last five years16,675 companies in the comparison
No. 7of 16,627
Better than 100%
No. 117of 16,674
Better than 99%
All companies of type ApS66,508 companies in the comparison
No. 29of 66,379
Better than 100%
No. 477of 66,505
Better than 99%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Office administrative and support activities
Gross profit
  1. Init Group ApSDKK 642.7m
  2. Edda Group ApSDKK 1.7bn
  3. Vetopia ApSDKK 1.5bn
Net profit
  1. Init Group ApS−DKK 39.5m
  2. Edda Group ApS−DKK 87.4m
  3. Vetopia ApS−DKK 361.3m
Equity
  1. Init Group ApSDKK 247.2m
  2. Edda Group ApS−DKK 38.7m
  3. Vetopia ApSDKK 170.3m
Employees
  1. Init Group ApS11
  2. Edda Group ApS24
  3. Vetopia ApS13

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • AX VI INV6 Holding I ApS100%
Init Group ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Init Group ApS
NameRoleAppointed
Knut AkselvollCEO07/08/2023

Board of directors

Board of directors at Init Group ApS
NameRoleAppointed
Hans Henrik EbbensgaardBoard member24/05/2022
Tina MoeChair of the board01/04/2024
Christoffer Arthur MüllerDeputy chair01/04/2024
Founders
AX VI INV6 Holding I ApS
Former management (10)
Former management at Init Group ApS
NameRoleAppointedResigned
Christian Gymos Schmidt-JacobsenBoard member09/12/202124/05/2022
Jesper Frydensberg RasmussenCEO09/12/202124/05/2022
Christoffer Arthur MüllerChair of the board09/12/202123/05/2022
Tina MoeBoard member24/05/202231/03/2024
Knut AkselvollChair of the board24/05/202207/08/2023
Hans Henrik EbbensgaardCEO24/05/202207/08/2023
Christoffer Arthur MüllerDeputy chair24/05/202206/08/2023
Lars Thomas BlomqvistBoard member24/05/202216/12/2024
Ralph Arne Mikael NilssonBoard member24/05/202225/02/2025
Christoffer Arthur MüllerChair of the board07/08/202331/03/2024

Signing rule: Selskabet tegnes af den samlede bestyrelse, af bestyrelsens formand i forening med et bestyrelsesmedlem eller af et bestyrelsesmedlem i forening med en direktør.

Address and production units

1 active production units

Gladsaxevej 376
2860 Søborg

Gladsaxe Municipality · Postcode 2860

Production units
Production unitAddressEmployeesP number
Init Group ApSGladsaxevej 376, 1. tv, 2860 Søborg111027802377

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.

The purpose is quoted from the register in Danish.

Changes year by year

36 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesaccounts 1 · management 1 · industry 1
  • Annual report for 2024 published
  • Ralph Arne Mikael Nilsson stepped down as board member
  • Industry changed to Office administrative and support activities (821000)
20247 changesmanagement 5 · accounts 1 · address 1
  • Lars Thomas Blomqvist stepped down as board member
  • Annual report for 2023 published
  • Moved to Gladsaxevej 376, 1. tv, 2860 Søborg
  • Christoffer Arthur Müller appointed deputy chair
  • Tina Moe appointed chair of the board
  • Christoffer Arthur Müller stepped down as chair of the board
  • Tina Moe stepped down as board member
20237 changesmanagement 5 · accounts 1 · name 1
  • Knut Akselvoll appointed ceo
  • Christoffer Arthur Müller appointed chair of the board
  • Knut Akselvoll stepped down as chair of the board
  • Hans Henrik Ebbensgaard stepped down as ceo
  • Christoffer Arthur Müller stepped down as deputy chair
  • Annual report for 2022 published
  • Name changed from Nordic Automation Partner ApS to Init Group ApS
202213 changesname 1 · management 10 · address 1 · industry 1
  • Name changed from AX VI INV6 Holding ApS to Nordic Automation Partner ApS
  • Christoffer Arthur Müller appointed deputy chair
  • Ralph Arne Mikael Nilsson appointed board member
  • Hans Henrik Ebbensgaard appointed board member
  • Lars Thomas Blomqvist appointed board member
  • Tina Moe appointed board member
  • Knut Akselvoll appointed chair of the board
  • Hans Henrik Ebbensgaard appointed ceo
  • Christian Gymos Schmidt-Jacobsen stepped down as board member
  • Jesper Frydensberg Rasmussen stepped down as ceo
  • Christoffer Arthur Müller stepped down as chair of the board
  • Moved to Gladsaxevej 382, 3, 2860 Søborg
  • Industry changed to Kombinerede administrationsserviceydelser (821100)
20215 changesfounded 1 · management 3 · ownership 1
  • Registered as AX VI INV6 Holding ApS
  • Christian Gymos Schmidt-Jacobsen appointed board member
  • Christoffer Arthur Müller appointed chair of the board
  • Jesper Frydensberg Rasmussen appointed ceo
  • AX VI INV6 Holding I ApS registered as owner (100%)

Related companies

Same industry in Gladsaxe

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction