40430989 2022-12-31 40430989 2021-12-31 40430989 2022-01-01 fsa:ContributedCapitalMember 40430989 2022-01-01 fsa:SharePremiumMember 40430989 2022-01-01 fsa:RetainedEarningsMember 40430989 2022-12-31 fsa:ContributedCapitalMember 40430989 2022-12-31 fsa:SharePremiumMember 40430989 2022-12-31 fsa:RetainedEarningsMember 40430989 2022-01-01 fsa:AcquiredOtherSimilarRightsMember 40430989 2022-12-31 fsa:AcquiredOtherSimilarRightsMember 40430989 2022-01-01 fsa:FixturesFittingsToolsAndEquipmentMember 40430989 2022-12-31 fsa:FixturesFittingsToolsAndEquipmentMember 40430989 2022-01-01 fsa:DepositsLongtermInvestmentsAndReceivablesMember 40430989 2022-12-31 fsa:DepositsLongtermInvestmentsAndReceivablesMember 40430989 2022-12-31 fsa:LongtermDebtToOtherCreditInstitutionsMember 40430989 2021-12-31 fsa:LongtermDebtToOtherCreditInstitutionsMember 40430989 2022-12-31 fsa:OtherLongtermPayablesMember 40430989 2021-12-31 fsa:OtherLongtermPayablesMember 40430989 2022-01-01 2022-12-31 40430989 2022-01-01 2022-12-31 1 40430989 2022-01-01 2022-12-31 memberOfBoardIdentifier_executive_board_1 40430989 2022-01-01 2022-12-31 memberOfBoardIdentifier_executive_board_2 40430989 2022-01-01 2022-12-31 memberOfBoardIdentifier_board_of_director_1 40430989 2022-01-01 2022-12-31 memberOfBoardIdentifier_board_of_director_2 40430989 2022-01-01 2022-12-31 memberOfBoardIdentifier_board_of_director_3 40430989 2022-01-01 2022-12-31 memberOfBoardIdentifier_board_of_director_4 40430989 2021-01-01 2021-12-31 40430989 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 40430989 2021-01-01 2021-12-31 fsa:RetainedEarningsMember 40430989 2022-01-01 2022-12-31 fsa:ContributedCapitalMember 40430989 2022-01-01 2022-12-31 fsa:SharePremiumMember 40430989 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 40430989 2022-01-01 2022-12-31 fsa:AcquiredOtherSimilarRightsMember 40430989 2022-01-01 2022-12-31 fsa:FixturesFittingsToolsAndEquipmentMember iso4217:DKK pure Årsrapport 33771231 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab Strandvejen 44 2900 Hellerup 2022-01-01 2021-01-01 2022-12-31 2021-12-31 40430989 Fenerum ApS Hermodsvej 22,2 8230 Åbyhøj Aarhus PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab 33771231 Jens Chr. Skous Vej 1 8000 Aarhus C Denmark 89 32 00 00 aarhus@pwc.dk 2023-06-27 Kristian Houlberg Øllegaard Regnskabsklasse B Andre erklæringer uden sikkerhed The Executive Board and Board of Directors have today considered and adopted the Financial Statements of Fenerum ApS for the financial year 1 January - 31 December 2022. The Annual Report is prepared in accordance with the Danish Financial Statements Act. The Company complies with the exemption provisions governing the omission to have its Financial Statements audited. In our opinion the Financial Statements give a true and fair view of the financial position at 31 December 2022 of the Company and of the results of the Company operations for 2022. In our opinion, Management's Review includes a true and fair account of the matters addressed in the Review. We recommend that the Financial Statements be adopted at the Annual General Meeting. 2023-06-27 Åbyhøj Malte From Fanefjord Manager Kristian Houlberg Øllegaard Manager Simon Lyndegaard Preben Bjørnkær Braagaard Kristian Houlberg Øllegaard Jan Dal Lehrmann To the Management of Fenerum ApS We have compiled the Financial Statements of Fenerum ApS for the financial year 1 January - 31 December 2022 on the basis of the Company’s accounting records and other information you have provided. The Financial Statements comprise income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies. We performed our work in accordance with ISRS 4410, Engagements to Compile Financial Information. Based on our professional expertise, we have assisted you with the preparation and presentation of the Financial Statements in accordance with the Danish Financial Statements Act. We have complied with relevant provisions of the Danish Act on Approved Auditors and Audit Firms and the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code), including the principles of integrity, objectivity, professional competence and due care. The Financial Statements and the accuracy and completeness of the information forming the basis of the compilation of the Financial Statements are your responsibility. As an engagement to compile financial information is not an assurance engagement, we are under no duty to verify the accuracy or completeness of the information you provided to us to compile the Financial Statements. Accordingly, we express no audit opinion or review opinion as to whether the Financial Statements have been prepared in accordance with the Danish Financial Statements Act. Aarhus C 2023-06-27 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab Henrik Berring Rasmussen State Authorised Public Accountant mne34157 Selskabets væsentligste aktivitet er udvikling og salg af IT systemer samt hermed beslægtet virksomhed. Key activities The company's main activity is the development and sale of IT systems and related business. Development in the year The income statement of the Company for 2022 shows a loss of DKK 2,066,139, and at 31 December 2022 the balance sheet of the Company shows negative equity of DKK 1,383,619. Subsequent events No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date. -818647 -838832 927930 710606 14432 13333 -1761009 -1562771 11234 746 316364 180484 -2066139 -1742509 0 -110409 -2066139 -1632100 -2066139 -1632100 6667 20000 6667 20000 31861 0 31861 0 82709 163749 87441 35920 2666345 1005243 2732659 1025243 27786 0 27786 0 66314 20000 0 110409 76630 0 246780 310078 2419565 695165 129827 75186 2445359 0 3278502 2243813 0 16104 3278502 2259917 164245 11112 73843 59285 0 39328 129827 75186 -3958805 -1892666 -1383619 -1817480 136682 327506 463006 145575 837776 582806 4116278 2842723 2732659 1025243 75186 0 -1892666 54641 2445359 0 0 0 -2066139 129827 2445359 -3958805 Ledelsen har udarbejdet et budget for regnskabsåret 2023, der viser, at forudsætningen om fortsat drift er opfyldt. Baseret herpå er årsregnskabet for 2022 aflagt under forudsætning om fortsat drift. Management has prepared a budget for the financial year 2023, which shows that the liquidity is sufficient throughout the financial year 2023. Based on this, the annual accounts for 2022 have been submitted under the assumption of going concern. No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date. 901623 652384 10840 4788 15467 53434 927930 710606 2 2 0 -110409 0 -110409 40000 40000 20000 13333 33333 6667 0 32960 32960 0 1099 1099 31861 27786 27786 0 175535 3278502 2068278 156335 0 3434837 2243813 0 0 0 16104 0 0 0 16104 Payments due within 1 year are recognised in short-term debt. Other debt is recognised in long-term debt. The debt falls due for payment as specified below: Rental and lease obligations Lease obligations, period of non-terminability 12 months 55,572 The Annual Report of Fenerum ApS for 2022 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B as well as selected rules applying to reporting class C. The accounting policies applied remain unchanged from last year. The Financial Statements for 2022 are presented in DKK. 1 Revenues are recognised in the income statement as earned. Furthermore, value adjustments of financial assets and liabilities measured at fair value or amortised cost are recognised. Moreover, all expenses incurred to achieve the earnings for the year are recognised in the income statement, including depreciation, amortisation, impairment losses and provisions as well as reversals due to changed accounting estimates of amounts that have previously been recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future economic benefits attributable to the asset 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 out of the Company, and the value of the liability can be measured reliably. Assets and liabilities are initially measured at cost. Subsequently, assets and liabilities are measured as described for each item below. Recognition and measurement take into account predictable losses and risks occurring before the presentation of the Annual Report which confirm or invalidate affairs and conditions existing at the balance sheet date. Revenue from the sale of goods is recognised when the risks and rewards relating to the goods sold have been transferred to the purchaser, the revenue can be measured reliably and it is probable that the economic benefits relating to the sale will flow to the Company. Revenue is measured at the consideration received and is recognised exclusive of VAT and net of discounts relating to sales. Direct expenses primarily include operating expenses for the year. Other external expenses comprise expenses for premises, sales as well as office expenses, etc. With reference to section 32 of the Danish Financial Statements Act, gross profit/loss is calculated as a summary of revenue, other operating income, direct expenses and other external expenses. 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 amortisation, depreciation and impairment of intangible assets and property, plant and equipment. Other operating income and other operating expenses comprise items of a secondary nature to the main activities of the Company, including gains and losses on the sale of intangible assets and property, plant and equipment. Financial income and expenses are recognised in the income statement at the amounts relating to the financial year. Tax for the year consists of current tax for the year and changes in deferred tax for the year. The tax attributable to the profit for the year is recognised in the income statement, whereas the tax attributable to equity transactions is recognised directly in equity. Patents and licences are measured at the lower of cost less accumulated amortisation and recoverable amount. Patents are amortised over the remaining patent period, and licences are amortised over the licence period; however not exceeding 3 year. Property, plant and equipment are measured at cost less accumulated depreciation and less any accumulated impairment losses. Cost comprises the cost of acquisition and expenses directly related to the acquisition up until the time when the asset is ready for use. Depreciation based on cost reduced by any residual value is calculated on a straight-line basis over the expected useful lives of the assets, which are: Other fixtures and fittings, tools and equipment 5 years The fixed assets’ residual values are determined at nil. Depreciation period and residual value are reassessed annually. The carrying amounts of intangible assets and property, plant and equipment and investments are reviewed on an annual basis to determine whether there is any indication of impairment other than that expressed by amortisation and depreciation. If so, the asset is written down to its lower recoverable amount. Other fixed asset investments consist of deposits. Receivables are measured in the balance sheet at the lower of amortised cost and net realisable value, which corresponds to nominal value less provisions for bad debts. Prepayments comprise prepaid expenses concerning rent, insurance premiums, subscriptions and interest. Current tax liabilities and receivables are recognised in the balance sheet as the expected taxable income for the year adjusted for tax on taxable incomes for prior years and tax paid on account. Extra payments and repayment under the on-account taxation scheme are recognised in the income statement in financial income and expenses. Loans, such as loans from credit institutions, are recognised initially at the proceeds received net of transaction expenses incurred. Subsequently, the loans are measured at amortised cost; the difference between the proceeds and the nominal value is recognised as an interest expense in the income statement over the loan period. Mortgage loans are measured at amortised cost, which for cash loans corresponds to the remaining loan. Amortised cost of debenture loans corresponds to the remaining loan calculated as the underlying cash value of the loan at the date of raising the loan adjusted for depreciation of the price adjustment of the loan made over the term of the loan at the date of raising the loan. Other debts are measured at amortised cost, substantially corresponding to nominal value.