Årsrapport31611520ReviPoint, Statsautoriserede Revisorer A/SRagnagade, 72100, København Ø2019-02-182020-06-302020-07-012021-06-3040267123ABAL Holding IVSVesterport78000Aarhus CReviPoint, Statsautoriserede Revisorer A/S31611520Jan Lundqviststatsautoriseret revisormne19740Ragnagade72100København ØDanmark39 48 02 022021-10-12Alin Vasile BaltatescuRegnskabsklasse BAndre erklæringer uden sikkerhedRevisorgruppen DanmarkkapitalejerenKøbenhavn2021-10-12Aarhus C2021-10-12-7525-5750-7525-57503033330115482294654-5832294654-5832294654-5832565000016667016667016667157805015780501618498319654831965416675011288822-5832288823-58312458117506245811750662505000625050003083122506319654166751111-58320294654-5832288822-5832The managing director has today presented the annual report of ABAL Holding IVS for the financial year 1 July 2020 to 30 June 2021. The annual report has been presented in accordance with the Danish Financial Statements Act. I consider the accounting policies used appropriate, and in my opinion the annual accounts provide a true and fair view of the company's assets and liabilities and its financial position at 30 June 2021 and of the company's results of its activities in the financial year 1 July 2020 to 30 June 2021. The managing director considers the requirements of omission of audit of the annual accounts for 2020/21 as met. I am of the opinion that the management's review includes a fair description of the issues dealt with. We recommend that the annual report be approved by the general meeting. Alin Vasile BaltatescuWe have compiled the financial statements of ABAL Holding IVS for the financial year 1 July 2020 - 30 June 2021 based on the company's bookkeeping and on further information provided by you. The financial statements comprise the accounting policies, income statement and statement of financial position, statement of changes in equity. We performed this engagement in accordance with the international standard ISRS 4410 applying to compilation engagements. We have applied our professional expertise to assist you in the preparation and presentation of the financial statements in accordance with the Danish Financial Statements Act. We have complied with relevant requirements of the Danish Act on Approved Auditors and Audit Firms and with ethical requirements of the Danish Institute of State Authorised Public Accountants, including principles of integrity, objectivity, professional competence and due care. The financial statements and the accuracy and completeness of the information used to compile them are your responsibility. As a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information you provided to us in order to compile the financial statements. Accordingly, we express neither an audit opinion nor a review opinion as to whether the financial statements have been compiled in accordance with the Danish Financial Statements Act. The principal activities of the company The company's main activity is to own equity. Development in activities and financial matters The gross loss for the year is DKK -7.525 against DKK -5.750 last year. The results from ordinary activities after tax are DKK 294.654 against DKK -5.832 last year. The management consider the results satisfactory. Events subsequent to the financial year In addition to the above comments, no events have occurred after the end of the financial year that could materially affect the company's financial position. The annual report for ABAL Holding IVS is presented in accordance with those regulations of the Danish Financial Statements Act concerning companies identified as class B enterprises. Furthermore, the company has chosen to comply with some of the rules applying for class C enterprises. Recognition and measurement in general Income is recognised in the profit and loss account concurrently with its realisation, including the recognition of value adjustments of financial assets and liabilities. Likewise, all costs, these including depreciation, amortisation, writedown, provisions, and reversals which are due to changes in estimated amounts previously recognised in the profit and loss account are recognised in the profit and loss account. Assets are recognised in the balance sheet when the company is liable to achieve future, financial benefits and the value of the asset can be measured reliably. Liabilities are recognised in the balance sheet when the company is liable to lose future, financial benefits and the value of the liability can be measured reliably. At the first recognition, assets and liabilities are measured at cost. Later, assets and liabilities are measured as described below for each individual accounting item. Certain fixed asset investments and liabilities are measured at amortised cost, by which method a fixed, effective interest is recognised during the useful life of the asset or the liability. Amortised cost is recognised as the original cost with deduction of any payments and additions/deductions of the accrued amortisation of the difference between cost and nominal amount. In this way capital losses and capital profits are spread over the useful life. At recognition and measurement, such predictable losses and risks are taken into consideration, which may appear before the annual report is presented, and which concern matters existing on the balance sheet date. Gross loss Gross loss comprises external costs. Other external costs comprise costs administration. Financial income and expenses Financial income and expenses are recognised in the income statement with the amounts concerning the financial year. Financial income and expenses comprise interest expenses, and financial income from realised capital gains. Results from equity investments in group enterprises and associates Dividend from equity investments is recognised in the financial year in which the dividend is declared. Tax of the results for the year The tax for the year comprises the current tax for the year and the changes in deferred tax, and it is recognised in the profit and loss account with the share referring to the results for the year and directly in the equity with the share referring to entries directly on the equity. Other securities and equity investments Other unlisted securities are measured at cost. Writedown takes place to the recoverable amount, if this value is lower than the book value. Receivables Receivables are measured at amortised cost which usually corresponds to face value. In order to meet expected losses, they are written down for impairment to the net realisable value. Available funds Available funds comprise cash at bank. Liabilities other than provisions Other liabilities concerning payables to suppliers, and other payables are measured at amortised cost which usually corresponds to the nominal value. 402671232020-07-012021-06-30402671232019-02-182020-06-30402671232020-06-30402671232021-06-30402671232020-07-012021-06-301402671232020-07-012021-06-301402671232020-07-012021-06-30e:RetainedEarningsMember402671232019-02-182020-06-30e:RetainedEarningsMember402671232020-07-01e:ContributedCapitalMember402671232021-06-30e:ContributedCapitalMember402671232020-07-01e:RetainedEarningsMember402671232020-07-012021-06-30e:RetainedEarningsMember402671232021-06-30e:RetainedEarningsMember402671232019-02-18e:ContributedCapitalMember402671232020-06-30e:ContributedCapitalMember402671232019-02-18e:RetainedEarningsMember402671232019-02-182020-06-30e:RetainedEarningsMember402671232020-06-30e:RetainedEarningsMemberiso4217:DKK