25327640 2016-01-01 2016-12-31 25327640 2015-01-01 2015-12-31 25327640 2016-12-31 25327640 2015-12-31 25327640 2016-01-01 2016-12-31 0 25327640 2016-01-01 2016-12-31 1 25327640 2016-01-01 2016-12-31 2 25327640 2016-01-01 2016-12-31 3 25327640 2016-01-01 2016-12-31 4 25327640 2016-01-01 2016-12-31 fsa:RetainedEarningsMember 25327640 2015-01-01 2015-12-31 fsa:RetainedEarningsMember iso4217:EUR shares pure 2017-05-22 Diana Jensen København 2017-05-22 Ingen bistand Regnskabsklasse B false Årsrapport 25327640 Hovedstadens Handel ApS Center Boulevard 5 2300 København S 2016-01-01 2016-12-31 2015-01-01 2015-12-31 Kvist Revision,Godkendt Revisionsvirksomhed Stamholmen 153 2650 Hvidovre The unaudited Annual Report has been prepared in conformity with the Financial Statements Act. The Executive Board considers the conditions for not performing an audit to have been met. In my opinion, the financial statements give a true and fair view of the Company's assets, equity, liabilities and financial position at 31. december 2016 and of its financial performance for the period 1. januar - 31. december 2016. We recommend that the Annual Report be approved by the Annual General Meeting. GENERAL INFORMATIONThe financial statements of Hovedstadens Handel ApS for the financial year 2016 have been prepared in conformity with the provisions of the Financial Statements Act on class B enterprises. The accounting policies applied in the financial statements are consistent with those of the previous year. The reporting currency is euro. Foreign currency translation Foreign currency transactions are translated at the exchange rates ruling at the transaction dates. Gains and losses arising from movements between the exchange rates at the date of the individual transaction and the date of payment are recognised in the income statement as financial income or financial expenses. INCOME STATEMENT General informationCertain income and expenses have been aggregated in the item designated 'Gross profit' with reference to section 32 of the Financial Statements Act.Gross profitGross profit is a combination of the items of 'Revenue', 'Change in inventories of finished goods, work in progress and goods for resale', 'Other operating income', 'Cost of raw materials and consumables' and 'Other external costs'. Administrative expenses Administrative expenses include expenses for Management and administrative staff, office expenses, amortisation and depreciation, etc. Financial income and expensesFinancial income and expenses are recognised in the income statement based on the amounts which relate to the financial year. Financial income and expenses include interest revenue and expenses, finance charges in respect of finance leases, realised and unrealised capital gains and losses on securities, accounts payable and transactions in foreign currencies, repayment on mortgage loans, and surcharges and allowances under the tax prepayment scheme. Dividends from other equity investments are recognised as income in the financial year in which the dividends are declared. BALANCE SHEET Cash and cash equivalents Cash and cash equivalents comprise the items of 'Cash' and 'Securities' recognised under current assets. 'Securities' are short-term securities that are readily convertible into known amounts of cash and subject to an insignificant risk of changes in value. -918 1575 -2493 -2493 1 Principal activity of the Company 2 Equity Contributed capital 11.000 0 11.000 Retained earnings 0 -2.493 -2.493 11.000 -2.493 8.507 0 0 0 0 8507 8507 8507 11000 -2493 8507 8507 11000 11000 11000 11000 0 11000 11000 Diana K. Jensen Formand Næstformand Medarbejdervalgt -2493 0