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

TURNOVER (x1000 NOK)

NET PROFIT (x1000 NOK)

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Init Norway AS

Closing information (x1000 NOK)

Closing information 2023/12 2022/12 2021/12
Turnover 42,385 Less Arrow 39,634 Less Arrow 35,799
Financial expenses 978 Less Arrow 813 Less Arrow 458
Earnings before taxes 13,759 Less Arrow 10,419 Less Arrow 8,402
Total assets 79,602 Less Arrow 74,088 Less Arrow 43,236
Current assets 30,165 Less Arrow 24,957 Less Arrow 11,376
Current liabilities 22,221 More Arrow 37,261 Less Arrow 23,184
Equity capital 45,953 Less Arrow 12,603 Less Arrow 7,811
- share capital 964 Less Arrow 877 Equal arrow 877

Financial ratios

Fiscal year 2023/12 2022/12 2021/12
Solvency 57.7% Less Arrow 17.0% More Arrow 18.1%
Turnover per employee
Profit as a percentage of turnover 32.5% Less Arrow 26.3% Less Arrow 23.5%
Return on assets (ROA) 18.5% Less Arrow 15.2% More Arrow 20.5%
Current ratio 135.7% Less Arrow 67.0% Less Arrow 49.1%
Return on equity (ROE) 29.9% More Arrow 82.7% More Arrow 107.6%
Change turnover 2,751 More Arrow 3,835 Less Arrow -4,086
Change turnover % 7% More Arrow 11% Less Arrow -10%
Chg. No. of employees
Chg. No. of employees %

Total value of public sale

Fiscal year 2023/12 2022/12 2021/12
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.