43295837 2022-05-31 2022-12-31 43295837 2022-05-31 2022-12-31 0 43295837 2022-05-31 2022-12-31 0 43295837 2022-05-31 2022-12-31 1 43295837 2022-05-31 2022-12-31 2 43295837 2022-05-31 2022-12-31 fsa:RetainedEarningsMember 43295837 2022-12-31 43295837 2022-05-31 fsa:ContributedCapitalMember 43295837 2022-05-31 fsa:RetainedEarningsMember 43295837 2022-05-31 43295837 2022-05-31 2022-12-31 fsa:ContributedCapitalMember 43295837 2022-05-31 2022-12-31 fsa:RetainedEarningsMember 43295837 2022-12-31 fsa:ContributedCapitalMember 43295837 2022-12-31 fsa:RetainedEarningsMember 43295837 2022-05-31 2022-12-31 fsa:InvestmentsInGroupEnterprisesMember 43295837 2022-12-31 fsa:InvestmentsInGroupEnterprisesMember 43295837 2022-05-31 2022-12-31 0 43295837 2022-12-31 0 43295837 2022-05-31 2022-12-31 1 43295837 2022-12-31 1 43295837 2022-05-31 2022-12-31 2 43295837 2022-12-31 2 43295837 2022-05-31 2022-12-31 3 43295837 2022-12-31 3 43295837 2022-05-31 2022-12-31 4 43295837 2022-12-31 4 43295837 2022-05-31 2022-12-31 5 43295837 2022-12-31 5 43295837 2022-05-31 2022-12-31 6 43295837 2022-12-31 6 43295837 2022-05-31 2022-12-31 7 43295837 2022-12-31 7 43295837 2022-05-31 2022-12-31 0 iso4217:DKK xbrli:pure Regnskabsklasse B <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Ledelsespåtegning</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Statement by Management</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Bestyrelse og direktion har dags dato behand­let og godkendt årsrapporten for M2 Animation Group A/S for regnskabsåret 1. ja­nuar – 31. december 2022.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>The Board of Directors and the Executive Board have today discussed and approved the annual report of M2 Animation Group A/S for the financial year 1. januar – 31. december 2022.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Årsrapporten er aflagt i overensstemmelse med årsregnskabsloven.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>The annual report has been prepared in accordance with the Danish Financial Statements Act.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Det er vores opfattelse, at årsregnskabet giver et retvisende billede af virksomhedens aktiver, passiver og finansielle stilling pr. 31. december 2022 samt af resultatet af virksomhedens akti­viteter for regnskabsåret 1. januar – 31. de­cember 2022.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>In our opinion, the financial statements give a true and fair view of the financial position of the Company at 31. december 2022 and of the results of its operations for the financial year 1. januar – 31. december 2022.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Det er endvidere vores opfattelse, at ledelses­beretningen indeholder en retvisende redegø­relse for de forhold, beretningen omhandler.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Further, in our opinion, the Management's review gives a fair review of the matters discussed in the Management's review.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Årsrapporten indstilles til generalforsamlin­gens godkendelse</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>We recommend that the annual report be approved at the annual general meeting.</td></tr></table> Aarhus 2023-06-30 <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Den uafhængige revisors revisionspåtegning</td></tr><tr><td colspan="1">Til kapitalejeren i M2 Animation Group A/S</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Independent auditor's report</td></tr><tr><td /><td /><td /><td>To the shareholder of M2 Animation Group A/S</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Konklusion</td></tr><tr><td colspan="1">Vi har revideret årsregnskabet for M2 Animation Group A/S for regnskabsåret 1. januar – 31. de­cember 2022, der omfatter resultatopgørelse, balance, egenkapitalopgørelse og noter, herun­der anvendt regn­skabsprak­sis. Årsregnskabet udarbejdes efter årsregnskabsloven.</td></tr><tr><td colspan="1">Det er vores opfattelse, at årsregnskabet giver et retvisende billede af selskabets aktiver, passiver og finansielle stilling pr. 31. december 2022 samt af resultatet af selskabets aktiviteter for regnskabsåret 1. januar – 31. december 2022 i overensstemmelse med årsregnskabsloven.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Conclusion</td></tr><tr><td /><td /><td /><td>We have conducted an extended review of the financial statements of M2 Animation Group A/S for the financial year 1. januar – 31. de­cember 2022, which comprise income statement, balance sheet, statement of changes in equity and notes, including accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act.</td></tr><tr><td /><td /><td /><td>Based on the work we have performed, in our opinion, the financial statements give a true and fair view of the financial position of the Company at 31. december 2022 and of the results of the Company's operations for the financial year 1. januar – 31. december 2022 in accordance with the Danish Financial Statements Act.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Grundlag for konklusion</td></tr><tr><td colspan="1">Vi har udført vores revision i overensstemmelse med internationale standarder om revision og de yderligere krav, der er gældende i Danmark. Vo­res ansvar ifølge disse standarder og krav er nærmere beskrevet i revisionspåtegningens af­snit "Revisors ansvar for revisionen af årsregn­skabet". Det er vores opfattelse, at det opnåede revisionsbevis er tilstrækkeligt og egnet som grundlag for vores konklusion.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Basis for opinion</td></tr><tr><td /><td /><td /><td>We conducted our extended review in accordance with the Danish Business Authority's standard on extended review for small entities and FSR – Danish Auditors' standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the "Auditor's responsibilities for the extended review of the financial statements" section. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Uafhængighed</td></tr><tr><td colspan="1">Vi er uafhængige af selskabet i overensstemmelse med International Ethics Standards Board for Accountants' internationale retningslinjer for revisorers etiske adfærd (IESBA Code) og de yderligere etiske krav, der er gældende i Danmark, ligesom vi har opfyldt vores øvrige etiske forpligtelser i henhold til disse krav og IESBA Code.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Independence</td></tr><tr><td /><td /><td /><td>We are independent of the Company in accordance with the International Ethics Standards Board for Accountants' International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Ledelsens ansvar for årsregnskabet</td></tr><tr><td colspan="1">Ledelsen har ansvaret for udarbejdelsen af et årsregnskab, der giver et retvisende billede i overensstemmelse med årsregnskabsloven. Le­delsen har endvidere ansvaret for den interne kontrol, som ledelsen anser for nødvendig for at udarbejde et årsregnskab uden væsentlig fejlin­formation, uanset om denne skyldes besvigelser eller fejl.</td></tr><tr><td colspan="1">Ved udarbejdelsen af årsregnskabet er ledelsen ansvarlig for at vurdere selskabets evne til at fortsætte driften; at oplyse om forhold vedrø­rende fortsat drift, hvor dette er relevant; samt at udarbejde årsregnskabet på grundlag af regn­skabsprincippet om fortsat drift, medmindre le­delsen enten har til hensigt at likvidere selskabet, indstille driften eller ikke har andet realistisk al­ternativ end at gøre dette.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Management's responsibilities for the financial statements</td></tr><tr><td /><td /><td /><td>Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act. Management is also responsible for such internal control that Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.</td></tr><tr><td /><td /><td /><td>In preparing the financial statements, Management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Revisors ansvar for revisionen af årsregnskabet</td></tr><tr><td colspan="1">Vores mål er at opnå høj grad af sikkerhed for, om årsregnskabet som helhed er uden væsentlig fejlinformation, uanset om denne skyldes besvi­gelser eller fejl, og at afgive en revisionspåteg­ning med en konklusion. Høj grad af sikkerhed er et højt niveau af sikkerhed, men er ikke en ga­ranti for, at en revision, der udføres i overens­stemmelse med internationale standarder om re­vision og de yderligere krav, der er gældende i Danmark, altid vil afdække væsentlig fejlinforma­tion, når sådan findes. Fejlinformationer kan op­stå som følge af besvigelser eller fejl og kan be­tragtes som væsentlige, hvis det med rimelighed kan forventes, at de enkeltvis eller samlet har indflydelse på de økonomiske beslutninger, som regnskabsbrugerne træffer på grundlag af års­regnskabet.</td></tr><tr><td colspan="1">Som led i en revision, der udføres i overens­stemmelse med internationale standarder om revision og de yderligere krav, der er gældende i Danmark, foretager vi faglige vurderinger og op­retholder professionel skepsis under revisionen. Herudover</td></tr><tr><td colspan="1">►      Identificerer og vurderer vi risikoen for væ­sentlig fejlinformation i årsregnskabet, uan­set om denne skyldes besvigelser eller fejl, udformer og udfører revisionshandlinger som reaktion på disse risici samt opnår revi­sionsbevis, der er tilstrækkeligt og egnet til at danne grundlag for vores konklusion. Ri­sikoen for ikke at opdage væsentlig fejlin­formation forårsaget af besvigelser er hø­jere end ved væsentlig fejlinformation for­årsaget af fejl, idet besvigelser kan omfatte sammensværgelser, dokumentfalsk, bevid­ste udeladelser, vildledning eller tilsidesæt­telse af intern kontrol.</td></tr><tr><td colspan="1">►     Opnår vi forståelse af den interne kontrol med relevans for revisionen for at kunne udforme revisi­onshandlinger, der er pas­sende efter omstændighederne, men ikke for at kunne udtrykke en kon­klusion om ef­fektiviteten af selskabets interne kontrol.</td></tr><tr><td colspan="1">►     Tager vi stilling til, om den regnskabsprak­sis, som er anvendt af ledelsen, er pas­sende, samt om de regnskabsmæssige skøn og tilknyttede oplysninger, som ledelsen har udarbejdet, er rimelige.</td></tr><tr><td colspan="1">►     Konkluderer vi, om ledelsens udarbejdelse af årsregnskabet på grundlag af regnskabs­princippet om fortsat drift er passende, samt om der på grundlag af det opnåede re­visionsbevis er væsentlig usik­kerhed for­bundet med begivenheder eller forhold, der kan skabe betydelig tvivl om selskabets evne til at fortsætte driften. Hvis vi konklu­derer, at der er en væsentlig usikkerhed, skal vi i vores revisi­onspåtegning gøre op­mærksom på oplysninger herom i årsregn­skabet eller, hvis sådanne oplysnin­ger ikke er tilstrækkelige, modificere vores konklu­sion. Vores konklusion er baseret på det re­visi­onsbevis, der er opnået frem til datoen for vores revisionspåtegning. Fremtidige begivenheder eller forhold kan dog med­føre, at selskabet ikke længere kan fort­sætte driften.</td></tr><tr><td colspan="1">►     Tager vi stilling til den samlede præsenta­tion, struktur og indhold af årsregnskabet, herunder note­oplysningerne, samt om års­regnskabet afspejler de underliggende transaktioner og begivenheder på en sådan måde, at der gives et retvisende billede heraf.</td></tr><tr><td colspan="1">Vi kommunikerer med den øverste ledelse om bl.a. det planlagte omfang og den tidsmæssige placering af revisionen samt betydelige revisi­onsmæssige observationer, herunder eventuelle betydelige mangler i intern kontrol, som vi iden­tificerer under revisionen.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Auditor's responsibilities for the audit of the financial statements</td></tr><tr><td /><td /><td /><td>Our objectives are to obtain reasonable assurance as to whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.</td></tr><tr><td /><td /><td /><td>As part of an audit conducted in accordance with ISAs and additional requirements applicable in Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit. We also</td></tr><tr><td /><td /><td /><td>►     Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control.</td></tr><tr><td /><td /><td /><td>►     Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.</td></tr><tr><td /><td /><td /><td>►     Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management.</td></tr><tr><td /><td /><td /><td>►     Conclude on the appropriateness of Management's use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.</td></tr><tr><td /><td /><td /><td>►     Evaluate the overall presentation, structure and contents of the financial statements, including the note disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view.</td></tr><tr><td /><td /><td /><td>We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Udtalelse om ledelsesberetningen</td></tr><tr><td colspan="1">Ledelsen er ansvarlig for ledelsesberetningen.</td></tr><tr><td colspan="1">Vores konklusion om årsregnskabet omfatter ikke ledelsesberetningen, og vi udtrykker ingen form for konklusion med sikkerhed om ledelses­beretningen.</td></tr><tr><td colspan="1">I tilknytning til vores revision af årsregnskabet er det vores ansvar at læse ledelsesberetningen og i den forbindelse overveje, om ledelsesberet­ningen er væsentligt inkonsistent med årsregn­skabet eller vores viden opnået ved revisionen eller på anden måde synes at indeholde væsent­lig fejlinformation.</td></tr><tr><td colspan="1">Vores ansvar er derudover at overveje, om le­delsesberetningen indeholder krævede oplysnin­ger i henhold til årsregnskabsloven.</td></tr><tr><td colspan="1">Baseret på det udførte arbejde er det vores op­fattelse, at ledelsesberetningen er i overens­stemmelse med årsregnskabet og er udarbejdet i overensstemmelse med årsregnskabslovens krav. Vi har ikke fundet væsentlig fejlinforma­tion i ledelsesberetningen.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Statement on the Management's review</td></tr><tr><td /><td /><td /><td>Management is responsible for the Management's review.</td></tr><tr><td /><td /><td /><td>Our opinion on the financial statements does not cover the Management's review, and we do not express any form of assurance conclusion thereon.</td></tr><tr><td /><td /><td /><td>In connection with our audit of the financial statements, our responsibility is to read the Management's review and, in doing so, consider whether the Management's review is materially inconsistent with the financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated.</td></tr><tr><td /><td /><td /><td>Moreover, it is our responsibility to consider whether the Management's review provides the information required under the Danish Financial Statements Act.</td></tr><tr><td /><td /><td /><td>Based on the work we have performed, we conclude that the Management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statements Act. We did not identify any material misstatement of the Management's review.</td></tr></table> Aarhus 2023-06-30 M2 Animation Group A/S Filmbyen 23, 4. 8000 Aarhus C 43295837 2022-05-31 2022-12-31 Johan Blach Petersen 2023-06-30 <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Ledelsesberetning</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">beretning</td></tr><tr><td colspan="1">Indledning</td></tr><tr><td colspan="1">M2 Animation Group A/S er en del af M2 Group A/S, en global aktør inden for medie- og under­holdnings­industrien. Vores moderkoncern har en overordnet mission om at levere innovation, kvalitet og global vækst i industrien. Vi deler M2 Group A/S' vision om at være en førende leverandør af filmproduktion, animation og content produktion, og vi understøtter koncer­nens strategiske mål om at udvide kundepor­te­føljen og tilpasse forretningsmodellen til dette formål. Alle vores initiativer og handlinger er styret af disse overordnede retningslinjer.</td></tr><tr><td colspan="1">(M2 Animation var tidligere og frem til 2022 et datterselskab under M2 Film A/S, hvor man nu har sam­let alle koncernens animationsaktivite­ter i et nyt selskab, M2 Animation Group A/S).</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Management's review</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Operating review</td></tr><tr><td /><td /><td /><td>Introduction</td></tr><tr><td /><td /><td /><td>M2 Animation Group A/S is part of M2 Group A/S, a global player in the media and entertainment industry. Our parent company has an overarching mission to deliver innovation, quality, and global growth in the industry. We share M2 Group A/S's vision of being a leading provider of film production, animation, and content production, and we support the group's strategic goals of expanding the customer portfolio and adapting the business model to this purpose. All our initiatives and actions are guided by these overall guidelines.</td></tr><tr><td /><td /><td /><td>(M2 Animation was formerly, and until 2022, a subsidiary under M2 Film a/s, where now all the group's animation activities have been assembled into a new company M2 Animation Group A/S).</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Hovedaktiviteter</td></tr><tr><td colspan="1">M2 Animation Group A/S, et datterselskab un­der M2 Group A/S, specialiserer sig primært i udvikling og produktion af animation inden for film, serier og animationsindhold. Som en glo­bal leverandør af anima­tion til forskellige me­dier, såsom tv-serier, film og Cinemagic-trai­lere, har vi etableret en stærk position på mar­kedet. Desuden har vi en portfolio af egne for­mater, hvor vi ejer de intellektuelle rettighe­der. M2 Animation er et prisbelønnet studie, der leverer komplet service, fra konceptudvik­ling til det endelige produkt.</td></tr><tr><td colspan="1">Økonomisk og aktivitetsmæssig udvikling</td></tr><tr><td colspan="1">2022 var et udfordrende år for M2 Animation Group, både økonomisk og operationelt. Vi har for nylig gennemført en betydelig udvidelse med tilføjelsen af M2 Animation i Mumbai, In­dien, hvilket var et nød­vendigt skridt for at kunne møde den stigende efterspørgsel på vo­res produktion. Selvom denne udvi­delse har krævet betydelige ressourcer, er vi stolte over at kunne rapportere, at vores Mumbai-studie nu er fuldt operationelt med en solid infra­struktur.</td></tr><tr><td colspan="1">Det er vigtigt at nævne, at året blev udfordret af flere faktorer, der førte til et underskud for 2022. Vi stod over for udfordringer med nogle af vores animationsprojekter, der krævede mere tid og ressourcer end først budgetteret, især på grund af svigt fra en af vores underle­verandører. Dette, kombineret med udsættel­sen af produktionen af et stort projekt fra en af vores nøglekunder, førte til ubalance i vores kapacitetsudnyttelse. Det skal bemærkes, at vores salgsindsats har en positiv indvirkning på ordretil­gang for resten af 2023/24; salgspipe­linen ligger over forventning i antal projekter og tilbud.</td></tr><tr><td colspan="1">Initiativer for fremtidig succes</td></tr><tr><td colspan="1">For at rette op på disse udfordringer, har vi op­strammet vores ressourcestyring, og vi har øget nøjagtig­heden i vores budgettering og projektstyring. Desuden er vi begyndt at an­sætte flere freelancere og projektansatte, hvil­ket vil give os større fleksibilitet i vores evne til at skalere vores ressourcer op og ned i henhold til forretningsbehovene. Der er et øget fokus på kontraktlige forhold og en sikring af at holde et postivt cashflow igennem produktionerne.</td></tr><tr><td colspan="1">Vi har foretaget betydelige ændringer i vores ledelse. Vi har ansat to erfarne ledere med stærke interna­tionale og kommercielle kompe­tencer, som vil være ansvarlige for at drive vo­res studier i både Bangkok og Mumbai. Vi er overbeviste om, at disse ledere vil være i stand til at navigere M2 Animation Group gennem denne udfordrende periode og ind i en tid med vækst.</td></tr><tr><td colspan="1">Innovation og teknologi</td></tr><tr><td colspan="1">På trods af vores nuværende udfordringer for­bliver vi engagerede i innovation og teknologi­ske frem­skridt. Vi er førende inden for imple­mentering af nye teknologier som Unreal Engine og AI-systemer. Disse teknologier gør os i stand til at arbejde mere effektivt, tilpasse os ændringer hurtigt og bevare vo­res position som en teknologisk leder i branchen.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Main Activities</td></tr><tr><td /><td /><td /><td>M2 Animation Group A/S, a subsidiary under M2 Group A/S, specializes primarily in the development and production of animation within film, series, and animation content. As a global provider of animation to various media such as TV series, films, and Cinemagic trailers, we have established a strong market position. In addition, we have a portfolio of our own formats where we own the intellectual property rights. M2 Animation is an award-winning studio that provides complete service, from concept development to the final product.</td></tr><tr><td /><td /><td /><td>Economic and Activity Development</td></tr><tr><td /><td /><td /><td>2022 was a challenging year for M2 Animation Group, both economically and operationally. We recently carried out a significant expansion with the addition of M2 Animation in Mumbai, India, which was a necessary step to meet the increasing demand for our production. Although this expansion required substantial resources, we are proud to report that our Mumbai studio is now fully operational with a solid infrastructure.</td></tr><tr><td /><td /><td /><td>It is important to mention that the year was challenged by several factors that led to a deficit for 2022. We faced challenges with some of our animation projects, which required more time and resources than initially budgeted, especially due to failure from one of our subcontractors. This, combined with the postponement of the production of a major project from one of our key customers, led to an imbalance in our capacity utilization. It should be noted that our sales effort has a pos­itive impact on the order intake for the remainder of 2023/24, the sales pipeline is above expectations in the number of projects and offers.</td></tr><tr><td /><td /><td /><td>Initiatives for Future Sucess</td></tr><tr><td /><td /><td /><td>To address these challenges, we have tightened our resource management, and we have increased the accuracy in our budgeting and project management. In addition, we have started hiring more freelancers and project employees, which will give us greater flexibility in our ability to scale our resources up and down according to business needs. There is an increased focus on contractual relations and ensuring to maintain a positive cash flow throughout the productions.</td></tr><tr><td /><td /><td /><td>We have made significant changes in our management. We have hired two experienced leaders with strong international and commercial competencies, who will be responsible for driving our studios in both Bangkok and Mumbai. We are confident that these leaders will be able to navigate M2 Animation Group through this challenging period and into a time of growth.</td></tr><tr><td /><td /><td /><td>Innovation and Technology</td></tr><tr><td /><td /><td /><td>Despite our current challenges, we remain committed to innovation and technological advancement. We are leaders in the implementation of new technologies like Unreal Engine and AI systems. These technologies enable us to work more efficiently, adapt to changes quickly, and maintain our position as a technological leader in the industry.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Særlige risici</td></tr><tr><td colspan="1">I en verden i konstant forandring prioriterer M2 Group effektiv risikostyring. Vi har indført værktøjer og processer til at identificere og re­ducere finansielle risici, herunder risici forbun­det med udsving i valuta­kurser og cybersikker­hed.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Specific Risks</td></tr><tr><td /><td /><td /><td>In a world of constant change, M2 Group prioritizes effective risk management. We have implemented tools and processes to identify and reduce financial risks, including risks associated with fluctuations in exchange rates and cybersecurity.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Fremtidsudsigter</td></tr><tr><td colspan="1">Vi forventer en positiv udvikling i vores virk­somhed og  branchen som helhed, med en glo­bal vækstrate på 11,7 % årligt. M2 Animation er et højkvalitets-, moderne studio, der er godt positioneret til at tage del i denne vækst. Vi ser frem til at udnytte vores teknologiske kapabili­teter, kreativitet og dedikerede team for at skabe en lys fremtid for vores virksomhed.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Future Prospects</td></tr><tr><td /><td /><td /><td>We expect positive development in our business and the industry as a whole, with a global growth rate of 11.7% annually. M2 Animation is a high-quality, modern studio that is well-positioned to partake in this growth. We look forward to leveraging our technological capabilities, creativity, and dedicated team to create a bright future for our company.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Selskabets Bæredygtighed og Samfundsansvar</td></tr><tr><td colspan="1">Vi værdsætter mangfoldighed og inklusion i vo­res globalt orienterede arbejdsplads. Vi er en­gagerede i bæredygtig forretning, inklusive ini­tiativer for energieffektivitet og affaldshåndte­ring, samtidig med at vi fremmer etisk forret­ningspraksis.</td></tr><tr><td colspan="1">Begivenheder efter balancedagen</td></tr><tr><td colspan="1">Der er efter regnskabsårets afslutning indgået ny finansieringsaftale med yderligere kredit­rammer hos koncernens kreditinstitut. I forbin­delse hermed har M2 Animation Group stillet sikkerhed i form af virk­somheds pant, som om­fatter pant i virksomhedens tilgodehavender, på i alt 7 mio. kr.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Company's Sustainability and Social Responsibility</td></tr><tr><td /><td /><td /><td>We value diversity and inclusion within our globally-oriented workspace. We are committed to sustainable business practices, including energy efficiency initiatives and waste management, while promoting ethical business conduct.</td></tr><tr><td /><td /><td /><td>Post balance sheet events</td></tr><tr><td /><td /><td /><td>Following the close of the fiscal year, the company has entered into a new financing agreement with expanded credit facilities with the group's credit institution and other lenders. In this context, M2 Animation Group has provided security in the form of a floating charge on receivables of 7 million DKK.</td></tr></table> -23170 466498 46132 397196 89033 308163 <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Anvendt regnskabspraksis</td></tr><tr><td colspan="1">Årsrapporten for M2 Animation Group A/S for 2022 er aflagt i overensstemmelse med års­regnskabslo­vens be­stemmelser for klasse B-virksomheder med tilvalg af visse bestemmelser for klasse C.</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Præsentationsvaluta</td></tr><tr><td colspan="1">Årsregnskabet er aflagt i danske kroner (kr.).</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Accounting policies</td></tr><tr><td /><td /><td /><td>The annual report of M2 Animation Group A/S for 2022 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to medium‑sized reporting class C enterprises.</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Reporting currency</td></tr><tr><td /><td /><td /><td>The financial statements are presented in Danish kroner.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">I henhold til årsregnskabalovek § 112, stk. 1 er der ikke udarbejdet koncernregnskab</td></tr><tr><td colspan="1">Der er ingen sammenligningstal, idet 2022 er selskabets første regnskabsperiode.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>In accordance with the Danish Financial Statements Act paragraph 112, 1 the company has not prepared consolidated financial statement</td></tr><tr><td /><td /><td /><td>No comparative figures are stated in the financial statements as 2022 is the first financial year for the company.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Resultatopgørelsen</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Income statement</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Bruttofortjeneste/-tab</td></tr><tr><td colspan="1">I resultatopgørelsen er eksterne omkostninger med hen­vis­ning til års­regn­skabs­lo­vens § 32 sam­men­dra­get til én regn­skabs­post benævnt bruttofortjeneste/-tab.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Gross profit/loss</td></tr><tr><td /><td /><td /><td>With reference to section 32 of the Danish Financial Statements Act, the items 'Other external expenses' are consolidated into one item designated 'Gross profit/loss'.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Andre eksterne omkostninger</td></tr><tr><td colspan="1">Andre eksterne omkostninger omfat­ter omkost­nin­ger ved­rør­en­de virk­som­he­dens pri­mæ­re akti­vi­tet, der er afholdt i årets løb, her­un­der om­kost­nin­ger til dis­tri­bu­tion, salg, rekla­me, admi­ni­stra­tion, tab på debi­to­rer m.v.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Other external expenses</td></tr><tr><td /><td /><td /><td>Other external expenses include the year's expenses relating to the entity's core activities, including expenses relating to distribution, sale, advertising, administration, premises, bad debts, payments under operating leases, etc.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Finansielle indtægter og -omkostninger</td></tr><tr><td colspan="1">Finansielle indtægter og -omkostninger ind­reg­nes i resul­tat­op­gø­rel­sen med de beløb, der ved­rø­rer regn­skabs­året. Fi­nan­siel­le pos­ter omfat­ter ren­teindtægter og -­om­kost­nin­ger samt til­læg og godt­gø­rel­se un­der acon­to­skat­te­ord­nin­gen m.v.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Financial income and expenses</td></tr><tr><td /><td /><td /><td>Financial income and expenses are recognised in the income statements at the amounts that concern the financial year. Net financials include interest income and expenses, payables and transactions denominated in foreign currencies, as well as allowances and surcharges under the advance‑payment‑of‑tax scheme, etc.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Skat af årets resultat</td></tr><tr><td colspan="1">Skat af årets resultat omfatter aktuel skat af årets for­ven­te­de skat­te­plig­ti­ge ind­komst og årets regu­le­ring af udskudt skat. Årets skat ind­reg­nes i resul­tat­op­gø­rel­sen med den del, der kan hen­fø­res til årets resul­tat, og i egen­ka­pi­ta­len med den del, som kan hen­fø­res til trans­ak­ti­o­ner ind­reg­net i egen­ka­pi­ta­len.</td></tr><tr><td colspan="1">Virksomheden og de danske tilknyttede virk­som­he­der er sam­be­skat­te­de. Den dan­ske sel­skabs­skat for­de­les mel­lem over­skuds‑ og under­skuds­gi­ven­de dan­ske sel­ska­ber i for­hold til dis­ses skat­te­plig­ti­ge ind­komst (fuld for­de­ling).</td></tr><tr><td colspan="1">Sambeskattede selskaber med overskydende skat godt­gø­res som mini­mum i hen­hold til de gæl­den­de sat­ser for ren­te­godt­gø­rel­ser af admi­ni­stra­ti­ons­sel­ska­bet, lige­som sam­be­skat­te­de sel­ska­ber med rest­skat som mak­si­mum beta­ler et til­læg i hen­hold til de gæl­den­de sat­ser for ren­te­til­læg til admi­ni­stra­ti­ons­sel­ska­bet.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Tax</td></tr><tr><td /><td /><td /><td>Tax for the year includes current tax on the year's expected taxable income and the year's deferred tax adjustments. The portion of the tax for the year that relates to the profit/loss for the year is recognised in the income statement, whereas the portion that relates to transactions taken to equity is recognised in equity.</td></tr><tr><td /><td /><td /><td>The company and all Danish group entities are jointly taxed. The Danish income tax charge is allocated between profit‑making and loss‑mak­ing Danish entities in proportion to their taxable income (full allocation method).</td></tr><tr><td /><td /><td /><td>Jointly taxed companies entitled to a tax refund are, as a minimum, reimbursed by the management company according to the current rates applicable to interest allowances, and jointly taxed companies having paid too little tax pay, as a maximum, a surcharge according to the current rates applicable to interest surcharges to the management company.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Balance</td></tr><tr><td colspan="1">Kapitalandele i tilknyttede virksomheder</td></tr><tr><td colspan="1">Kapitalandele i tilknyttede virksomheder måles til kostpris. I kostprisen indgår købsvederlaget opgjort til dagsværdi med tillæg af direkte købs­omkostninger. Hvor kostprisen overstiger gen­indvindingsværdien, nedskrives denne til lavere værdi. Der udarbejdes nedskrivningstest, hvis det modtagne udbytte overstiger den forholds­mæssige andel af årets resultat, eller hvis den regnskabsmæssige værdi af kapitalandele over­stiger den forholdsmæssige andel af nettoakti­verne i den underliggende virksomhed.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Balance sheet</td></tr><tr><td /><td /><td /><td>Investments in subsidiaries</td></tr><tr><td /><td /><td /><td>Equity investments in group entities are measured at cost. Cost includes the consideration measured at fair value plus direct acquisition costs. Where cost exceeds the recoverable amount, write-down is made to this lower value. In case of indication of impairment, an impairment test is conducted. Equity investments are written down to the lower of the carrying amount and the recoverable amount.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Tilgodehavender</td></tr><tr><td colspan="1">Tilgodehavender måles til amortiseret kostpris.</td></tr><tr><td colspan="1">Der fo­re­ta­ges ned­skriv­ning til i­mø­de­gå­el­se af tab, hvor der vur­de­res at væ­re ind­truf­fet en ob­jek­tiv in­di­ka­ti­on på, at et til­go­de­ha­ven­de er vær­di­for­rin­get. Hvis der fo­re­lig­ger en ob­jek­tiv in­di­ka­ti­on på, at et in­di­vi­du­elt til­go­de­ha­ven­de er vær­di­for­rin­get, fo­re­ta­ges ned­skriv­ning på in­di­vi­du­elt ni­ve­au.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Receivables</td></tr><tr><td /><td /><td /><td>Receivables are measured at amortised cost, which usually corresponds to the nominal value. Provisions are made for bad debts on the basis of objective evidence that a receivable or a group of receivables are impaired. Provisions are made to the lower of the net realisable value and the carrying amount.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Likvider</td></tr><tr><td colspan="1">Lik­vi­der omfat­ter lik­vi­de behold­nin­ger.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Cash and cash equivalents</td></tr><tr><td /><td /><td /><td>Cash comprises cash balances and bank balances.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Selskabsskat</td></tr><tr><td colspan="1">Aktu­el­le skat­te­for­plig­tel­ser og til­go­de­ha­ven­de aktu­el skat ind­reg­nes i balan­cen som bereg­net skat af årets skat­te­plig­ti­ge ind­komst, regu­le­ret for skat af tid­li­ge­re års skat­te­plig­ti­ge ind­kom­ster samt betal­te acon­to­skat­ter.</td></tr><tr><td colspan="1">Udskudt skat måles efter den balan­ce­ori­en­te­re­de gælds­me­to­de af alle mid­ler­ti­di­ge for­skel­le mel­lem regn­skabs­mæs­sig og skat­te­mæs­sig vær­di af akti­ver og for­plig­tel­ser. Der ind­reg­nes dog ikke udskudt skat af mid­ler­ti­di­ge for­skel­le ved­rø­r­en­de pos­ter, hvor mid­ler­ti­di­ge for­skel­le bort­set fra virk­som­heds­over­ta­gel­ser er opstå­et på an­skaf­fel­ses­tids­punk­tet uden at have ind­virk­ning på resul­tat eller skat­te­plig­tig ind­komst. I de til­fæl­de, hvor opgø­rel­se af skat­te­vær­di­en kan fo­re­ta­ges efter for­skel­li­ge beskat­nings­reg­ler, må­les udskudt skat på grund­lag af den af ledel­sen plan­lag­te anven­del­se af akti­vet, hen­holds­vis af­vik­ling af for­plig­tel­sen.</td></tr><tr><td colspan="1">Ud­skudt skat måles på grund­lag af de skat­te­reg­ler og skat­te­sat­ser, der med balan­ce­da­gens lov­giv­ning vil væ­re gæl­den­de, når den udskud­te skat for­ven­tes udløst som aktu­el skat. Udskud­te skat­te­ak­ti­ver ind­reg­nes med den vær­di, som de for­ven­tes at bli­ve udnyt­tet med, enten ved ud­lig­ning i skat af frem­ti­dig ind­tje­ning eller ved mod­reg­ning i udskud­te skat­te­for­plig­tel­ser inden for sam­me juris­dik­tion. Ændring i udskudt skat som føl­ge af ændrin­ger i skat­te­sat­ser ind­reg­nes i resul­tat­op­gø­rel­sen.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Corporation tax</td></tr><tr><td /><td /><td /><td>Current tax payable and receivable is recognised in the balance sheet as the estimated tax charge in respect of the taxable income for the year, adjusted for tax on prior years' taxable income and tax paid on account.</td></tr><tr><td /><td /><td /><td>Provisions for deferred tax are calculated, based on the liability method, of all temporary differences between carrying amounts and tax values, with the exception of temporary differences occurring at the time of acquisition of assets and liabilities neither affecting the results of operations nor the taxable income, as well as temporary differences on non‑amortisable goodwill.</td></tr><tr><td /><td /><td /><td>Deferred tax is measured according to the taxation rules and taxation rates in the respective countries applicable at the balance sheet date when the deferred tax is expected to crystallise as current tax. Deferred tax assets are recognised at the value at which they are expected to be utilised, either through elimination against tax on future earnings or through a set‑off against deferred tax liabilities within the same jurisdiction.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Andre gældsforpligtelser</td></tr><tr><td colspan="1">Andre gældsforpligtelser måles til netto­rea­li­sa­ti­ons­vær­di­en.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td /><td /><td>Other liabilities</td></tr><tr><td /><td /><td /><td>Other liabilities are measured at net realisable value.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td width="100%" colspan="2" align="left" valign="middle" >noter</td></tr><tr><td colspan="2"></td></tr><tr><td width="100%" colspan="2" align="left" valign="middle" ><b>Personaleomkostninger</b></td></tr><tr><td width="100%" colspan="2" align="left" valign="middle" ><b>Staff costs</b></td></tr><tr><td width="59%" colspan="1" align="left" valign="middle" >Selskabet har ingen ansatte.</td><td width="41%" colspan="1" align="left" valign="middle" >Company has no employees</td></tr><tr><td colspan="2"></td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td>Finansielle indtægter</td></tr></table> 466498 0 <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td>Finansielle omkostninger</td></tr></table> 46128 4 89033 <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td>Finansielle anlægsaktiver</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td>.Nærtstående parter</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Kontraktlige forpligtelser og eventualposter m.v.</b></td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Contingent liabilities</b></td></tr><tr><td width="85%" colspan="3" align="left" valign="middle" ><b>Andre eventualforpligtelser</b></td><td width="15%" colspan="1" align="left" valign="middle" ><b>Other financial obligations</b></td></tr><tr><td width="85%" colspan="3" align="left" valign="middle" >Selskabet er sambeskattet med moderselskabet M2 Group A/S som administrationsselskab og hæfter begrænset og subsidiært med øvrige sambeskattede selskaber for betaling af sel­skabsskat samt for kil­deskat på renter, royalties og udbytter m.v.</td><td width="15%" colspan="1" align="left" valign="middle" >The Company is jointly taxed with the other Danish group enterprises. Under the provisions of the Danish Corporation Tax Act, the jointly taxed companies have joint and several liability for tax on the Group's jointly taxed income, etc.</td></tr><tr><td width="42%" ></td><td width="29%" ></td><td width="14%" ></td><td width="15%" colspan="1" align="left" valign="middle" >Moreover, the jointly taxed companies have joint and several liability for withholding taxes on dividends, royalties and interest.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Sikkerhedsstillelser</b></td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Security for loans</b></td></tr><tr><td width="85%" colspan="3" align="left" valign="middle" >Virksomheden har ikke stillet pant eller anden sikkerhed i aktiver pr. 31. december 2022.</td><td width="15%" colspan="1" align="left" valign="middle" >The company has not provided security in any assets at 31 December 2022.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Nærtstående parter</b></td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Related parties</b></td></tr><tr><td width="85%" colspan="3" align="left" valign="middle" >M2 Animation Group A/S' nærtstående parter omfatter følgende</td><td width="15%" colspan="1" align="left" valign="middle" >M2 Animation Group A/S' related parties include the following</td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Nærtstående parter med bestemmende indflydelse</b></td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Information about related parties with a controlling interest</b></td></tr><tr><td width="42%" colspan="1" align="left" valign="middle" ><b>Nærtstående part</b></td><td width="29%" colspan="1" align="left" valign="middle" ><b>Bopæl/Hjemsted</b></td><td width="29%" colspan="2" align="left" valign="middle" ><b>Grundlag for</b></td></tr><tr><td width="42%" colspan="1" align="left" valign="middle" ><b>Related party</b></td><td width="29%" colspan="1" align="left" valign="middle" ><b>Domicile</b></td><td width="29%" colspan="2" align="left" valign="middle" ><b>bestemmende indflydelse</b></td></tr><tr><td width="42%" ></td><td width="29%" ></td><td width="29%" colspan="2" align="left" valign="middle" ><b>Basis for control</b></td></tr><tr><td colspan="4"></td></tr><tr><td width="42%" colspan="1" align="left" valign="middle" >M2 Group A/S</td><td width="29%" colspan="1" align="left" valign="middle" >Aarhus, Danmark</td><td width="29%" colspan="2" align="left" valign="middle" >Kapitalbesiddelse</td></tr><tr><td width="42%" colspan="1" align="left" valign="middle" >M2 Group A/S</td><td width="29%" colspan="1" align="left" valign="middle" >Aarhus, Denmark</td><td width="29%" colspan="2" align="left" valign="middle" >Participating interest</td></tr><tr><td colspan="4"></td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Oplysning om koncernregnskaber</b></td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" ><b>Information about related parties with a controlling interest</b></td></tr><tr><td width="42%" colspan="1" align="left" valign="middle" ><b>Modervirksomhed</b></td><td width="29%" colspan="1" align="left" valign="middle" ><b>Bopæl/Hjemsted</b></td><td width="29%" colspan="2" align="left" valign="middle" ><b>Rekvirering af modervirksomhedens koncernregnskab</b></td></tr><tr><td width="42%" colspan="1" align="left" valign="middle" ><b>Parent Company</b></td><td width="29%" colspan="1" align="left" valign="middle" ><b>Domicile</b></td><td width="29%" colspan="2" align="left" valign="middle" ><b>Basis for control</b></td></tr><tr><td colspan="4"></td></tr><tr><td width="42%" colspan="1" align="left" valign="middle" >M2 Group A/S</td><td width="29%" colspan="1" align="left" valign="middle" >Aarhus, Danmark</td><td width="29%" colspan="2" align="left" valign="middle" >Koncernregnskabet for moder­selskabet M2 Group A/S kan re­kvireres ved Erhvervssty­relsen.</td></tr><tr><td width="42%" colspan="1" align="left" valign="middle" >M2 Group A/S</td><td width="29%" colspan="1" align="left" valign="middle" >Aarhus, Denmark</td><td width="29%" colspan="2" align="left" valign="middle" >The consolidated financial statements of the parent company can be obtained from Erhvervsstyrelsen.</td></tr></table> Årsrapport 30700228 EY Godkendt Revisionspartnerselskab Cortex Park Vest 3 5230 Odense M xWizard version 1.1.1211.0, by EasyX Aps. www.easyx.eu Revisionspåtegning Grundlag for konklusion Konklusion 0 Mads Munk Johan Blach Petersen formand Mads Munk Jeppe Opstrup 308163 409192 409192 409192 13817958 13817958 1826 13819784 14228976 400000 308163 708163 13416780 89033 15000 13520813 13520813 14228976 400000 0 400000 0 308163 400000 308163 409192 409192 Name Domicile 0 M2 Animation A/S Aarhus, Danmark 0 M2 Story Lab A/S Aarhus, Danmark 0 M2 Tremblay Holding Inc. Californien, USA 0 M2 Tremblay Entertainment Inc. Californien, USA 0 M2 Media Group Inc. Californien, USA 0 M2 Animation Studio Ltd. Bangkok, Thailand 0 M2 Animation Mumbai Private Limited Mumbai, Indien 0 EY Godkendt Revisionspartnerselskab 30700228 Søren Jensen statsaut. revisor mne34132