Årsrapport34209936Grant Thornton, Statsautoriseret RevisionspartnerselskabStockholmsgade, 452100, København Ø2020-05-012021-04-302021-05-012022-04-3038559281Inspace Holding ApSAmager Strandvej130E, 2. th.2300København S2017-04-04KøbenhavnGrant Thornton, Statsautoriseret RevisionspartnerselskabGrant Thornton, Statsautoriseret Revisionspartnerselskab3420993634209936Per LundahlAnders Flymer-Dindlerstatsautoriseret revisorstatsautoriseret revisormne27832mne35423StockholmsgadeStockholmsgade454521002100København ØKøbenhavn ØDanmarkDanmark+45 33 110 220+45 33 110 220info@dk.gt.cominfo@dk.gt.com2022-10-27Timothy Robert MayRegnskabsklasse BAndre erklæringer uden sikkerhedCaseWare fra Revisorgruppen DanmarkanpartshaverenKøbenhavn2022-10-27Copenhagen2022-10-27005000050000500005000050000500006666067000666606700066660670001166601170000500005000066660670001166601170001166601170005000050000500005000050000500005000050000500005000066660670006666067000Today, the Managing Director has approved the annual report of Inspace Holding ApS for the financial year 1 May 2021 - 30 April 2022. The annual report has been prepared in accordance with the Danish Financial Statements Act. I consider the chosen accounting policy to be appropriate, and in my opinion, the financial statements give a true and fair view of the financial position of the Company at 30 April 2022 and of the results of the Company's operations for the financial year 1 May 2021 – 30 April 2022. The Managing Director consider the conditions for audit exemption of the 2021/22 financial statements to be met. Further, in my opinion, the Management's review gives a true and fair review of the matters discussed in the Management's review. We recommend that the annual report be approved at the Annual General Meeting. Timothy Robert MayWe have compiled the financial statements of Inspace Holding ApS for the financial year 1 May 2021 - 30 April 2022 based on the company's bookkeeping and on information you have provided. These financial statements comprise a summary of significant accounting policies, income statement, balance sheet, statement of changes in equity and notes. We performed this compilation engagement in accordance with International Standard on Related Services 4410 (Revised), Compilation Engagements. We have applied our expertise in accounting and financial reporting to assist Management in the preparation and presentation of these financial statements in accordance with the Danish Financial Statements Act. We have complied with relevant requirements under the Danish Act on Approved Auditors and Audit Firms and International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) including principles of integrity, objectivity, professional competence and due care. These financial statements and the accuracy and completeness of the information used to compile them are your responsibility. Since 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 to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion on whether these financial statements are prepared in accordance with the Danish Financial Statements Act. The principal activities of the company The company's purpose is to act as holding company. Uncertainties about recognition or measurement In the financial year there has been no uncertainties as to recognition or measurement. Unusual circumstances In the financial year there has been no unusual circumstancens. Development in activities and financial matters The results from ordinary activities after tax are DKK 0. The management consider the results as expected. The annual report for Inspace Holding ApS has been presented in accordance with the Danish Financial Statements Act regulations concerning reporting class B enterprises. Furthermore, the company has decided to comply with certain rules applying to reporting class C enterprises. The accounting policies are unchanged from last year, and the annual report is presented in DKK. Recognition and measurement in general Income is recognised in the income statement concurrently with its realisation, including the recognition of value adjustments of financial assets and liabilities. Likewise, all costs are recognised in the income statement, including depreciations amortisations, writedowns for impairment, provisions, and reversals due to changes in estimated amounts previously recognised in the income statement. Assets are recognised in the statement of financial position when it seems probable that future economic benefits will flow to the company and the value of the asset can be reliably measured. Liabilities are recognised in the statement of financial position when it is seems probable that future economic benefits will flow out of the company and the value of the liability can be reliably measured. Assets and liabilities are measured at cost at the initial recognition. Hereafter, assets and liabilities are measured as described below for each individual accounting item. Certain financial assets and liabilities are measured at amortised cost, allowing a constant effective interest rate to be recognised during the useful life of the asset or liability. Amortised cost is recognised as the original cost less any payments, plus/less accrued amortisations of the difference between cost and nominal amount. In this way, capital losses and gains are allocated over the useful life of the liability. Upon recognition and measurement, allowances are made for such predictable losses and risks which may arise prior to the presentation of the annual report and concern matters that exist on the reporting date. Tax on net profit or loss for the year Tax for the year comprises the current income tax for the year and changes in deferred tax and is recognised in the income statement with the share attributable to the net profit or loss for the year and directly in equity with the share attributable to entries directly in equity. Participating interest Participating interest are recognised and measured at cost. If the recoverable amount is lower than the cost price, it shall be written down for impairment to this lower value. Receivables Receivables are measured at amortised cost, which usually corresponds to nominal value. In order to meet expected losses, impairment takes place at the net realisable value. 385592812021-05-012022-04-30385592812020-05-012021-04-30385592812021-04-30385592812022-04-30385592812021-05-012022-04-301385592812021-05-012022-04-301385592812021-05-012022-04-302385592812021-05-01e:ContributedCapitalMember385592812022-04-30e:ContributedCapitalMember385592812021-05-01e:RetainedEarningsMember385592812022-04-30e:RetainedEarningsMember385592812020-05-01e:ContributedCapitalMember385592812021-04-30e:ContributedCapitalMember385592812020-05-01e:RetainedEarningsMember385592812021-04-30e:RetainedEarningsMember385592812021-05-01e:ParticipatingInterestsMember385592812022-04-30e:ParticipatingInterestsMember385592812020-05-01e:ParticipatingInterestsMember385592812021-04-30e:ParticipatingInterestsMemberiso4217:DKK