Årsrapport28839200Revision LimfjordBødkervej 127700 Thisted2019-01-012019-12-312018-01-012018-12-312020-03-0234692211TrivselBo Bad Danmark ApSHåndværkervej19700BrønderslevDKDanmark2012-08-28Brønderslev-Dronninglund kommune+47 917 78946www.trivselsbobad.nobb@boxen.noREVISION LIMFJORD28839200Lars Ballebye Jensenregistreret revisor, CMABødkervej127700ThistedDKDanmark97925500thisted@revisionlimfjord.dk2020-05-06Gintas BaguzisRegnskabsklasse BAndre erklæringer uden sikkerhedThe supervisory and executive boards have today discussed and approved the annual report of TrivselBo Bad Danmark ApS for the financial year 1 January - 31 December 2019.The annual report is prepared in accordance with the Danish Financial Statements Act.In our opinion, the financial statements give a true and fair view of the company's financial position at 31 December 2019 and of the results of the company's operations for the financial year 1 January - 31 December 2019.In our opinion, management's review includes a fair review of the matters dealt with in the management's review.The financial statements have not been audited. Management considers the criteria for not auditing the financial statements to be met.Management recommends that the annual report should be approved by the company in general meeting.Benjamin Lindskov BeckdirectorGintas BaguzischairmanBenjamin Lindskov BeckTo the shareholder of TrivselBo Bad Danmark ApSWe have compiled the financial statements of TrivselBo Bad Danmark ApS for the financial year 1 January - 31 December 2019 based on the company's bookkeeping records and other information made available by enterprise. The financial statements comprises income statement, balance sheet, notes and summary of significant accounting policies We performed the engagement in accordance with ISRS 4410, Compilation Engagements. We have applied our professional expertise to assist the enterprise in the preparation and presentation of the financial statements in accordance with the Danish Financial Statements Act. We complied with the relevant provisions of the Danish Act on Approved Auditors and Audit Firms and FSR - Danish Auditors’ Code of Ethics for Professional Accountants, including principles relating to integrity, objectivity, professional competence and due care. The financial statements and the accuracy and completeness of the information used to compile the financial statements are the enterprise´s responsibility. As a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information provided by enterprise for our compilation of the financial statements. Accordingly, we do not express an audit or a review conclusion on whether the financial statements have been prepared in accordance with the Danish Financial Statements Act.Thisted2020-03-02REVISION LIMFJORDLars Ballebye Jensenregistreret revisor, CMAmne17801Business review The company's main activity consists in the sale of bathing booths and related business.Financial review The company's income statement for the year ended 31 December 2019 shows a loss of DKK 174.488, and the balance sheet at 31 December 2019 shows negative equity of DKK 570.363.Significant events occurring after the end of the financial year No events have occurred after the balance sheet date which could significantly affect the company's financial position.The annual report of TrivselBo Bad Danmark ApS for 2019 has been prepared in accordance with the provisions of the Danish Financial Statements Act for Class B companies with options from higher classes. The accounting policies applied are consistent with those of last year. The annual report for 2019 is presented in DKKIncome is recognised in the income statement as earned, including value adjustments of financial assets and liabilities. All expenses, including amortisation, depreciation and impairment losses, are also recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future economic benefits will flow to the company and the value of the asset can be measured reliably. Liabilities are recognised in the balance sheet when it is probable that future economic benefits will flow from the company and the value of the liability can be measured reliably. On initial recognition, assets and liabilities are measured at cost. On subsequent recognition, assets and liabilities are measured as described below for each individual accounting item. Certain financial assets and liabilities are measured at amortised cost using the effective interest method. Amortised cost is calculated as the historic cost less any installments and plus/less the accumulated amortisation of the difference between the cost and the nominal amount. On recognition and measurement, allowance is made for predictable losses and risks which occur before the annual report is presented and which confirm or invalidate matters existing at the balance sheet date.Income from the sale of goods services is recognised in the income statement, provided that the transfer of risk, usually on delivery to the buyer, has taken place and that the income can be measured reliably and is expected to be received.Costs of raw materials and consumables include the raw materials and consumables used in generating the year’s revenue.Other external expenses include expenses related to distribution, sale, advertising, administration, premises etc.Staff costs include wages and salaries, including compensated absence and pensions, as well as other social security contributions, etc. made to the entity's employees. The item is net of refunds made by public authorities.Amortisation, depreciation and impairment losses comprise the year's amortisation, depreciation and impairment of property, plant and equipment.Financial income and expenses are recognised in the income statement at the amounts relating to the financial year. Net financials include interest income and expenses, financial expenses relating to finance leases.Tax for the year, which comprises the current tax charge for the year and changes in the deferred tax charge, is recognised in the income statement as regards the portion that relates to the profit/loss for the year and directly in equity as regards the portion that relates to entries directly in equity.Items of plant and machinery and fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses. The depreciable amount is cost less the expected residual value at the end of the useful life. Cost comprises the purchase price and any costs directly attributable to the acquisition until the date when the asset is available for use. Where individual parts of an item of property, plant and equipment have different useful lives, the cost is divided into separate parts, which are depreciated separately. Straight-line depreciation is provided on the basis of the following estimated useful lives of the assets: Useful life Residual value Softwware 3-10 years 0 % Assets costing less than DKK 13.800 are expensed in the year of acquisition.The carrying amount of intangible assets, property, plant and equipment and investments in subsidiaries and associates is tested for impairment, other than what is reflected through normal amortisation and depreciation, on an annual basis.Receivables are measured at amortised cost.Cash and cash equivalents comprise cash .Current tax liabilities and current tax receivables are recognised in the balance sheet as the estimated tax on the taxable income for the year, adjusted for tax on the taxable income for previous years and tax paid on account. Deferred tax is measured according to the liability method in respect of temporary differences between the carrying amount of assets and liabilities and their tax base, calculated on the basis of the planned use of the asset and settlement of the liability, respectively. Deferred tax assets, including the tax base of tax losses allowed for carry forward, are measured at the value to which the asset is expected to be realised, either as a set-off against tax on future income or as a set-off against deferred tax liabilities within the same legal tax entity. Any deferred net tax assets are measured at net realisable value.Liabilities, which include trade payables, payables to group entities and other payables, are measured at amortised cost, which is usually equivalent to nominal value.126155914400014833154729971272055396811171229733711023110451841952747-3032572468176452637-479706983112651815888-17448853943-1744885394301080001080001080022164548101265182216171999033284221620528322162160838000080000-650363-475875-570363-39587520000210945514743365511105254313572579611958572579611958221621608363796795850848924114600784913349162831806171102311045181280000-475875-17448880000-650363The company has no contingent liabilities.No collateral has been provided for assets listed in this annual report.346922112019-01-012019-12-31346922112019-01-012019-12-311346922112018-01-012018-12-31346922112019-01-012019-12-31e:RetainedEarningsMember346922112018-01-012018-12-31e:RetainedEarningsMember346922112018-12-31346922112019-12-31346922112019-01-012019-12-311346922112019-01-012019-12-312346922112019-01-012019-12-311346922112019-01-01e:ContributedCapitalMember346922112019-12-31e:ContributedCapitalMember346922112019-01-01e:RetainedEarningsMember346922112019-01-012019-12-31e:RetainedEarningsMember346922112019-12-31e:RetainedEarningsMemberiso4217:DKKxbrli:pure