40093605 2023-10-01 2024-09-30 40093605 2024-09-30 40093605 2023-09-30 fsa:ContributedCapitalMember 40093605 2023-09-30 fsa:RetainedEarningsMember 40093605 2023-09-30 40093605 2023-10-01 2024-09-30 fsa:RetainedEarningsMember 40093605 2024-09-30 fsa:ContributedCapitalMember 40093605 2024-09-30 fsa:RetainedEarningsMember 40093605 2023-10-01 2024-09-30 cmn:ConsolidatedMember fsa:LiquidationAccountMember 40093605 2023-10-01 2024-09-30 cmn:ConsolidatedMember 40093605 2023-10-01 2024-09-30 cmn:ConsolidatedMember 1 40093605 2023-10-01 2024-09-30 cmn:ConsolidatedMember 1 40093605 2023-10-01 2024-09-30 cmn:ConsolidatedMember 2 40093605 2024-09-30 cmn:ConsolidatedMember 40093605 2023-09-30 cmn:ConsolidatedMember fsa:ContributedCapitalMember 40093605 2023-09-30 cmn:ConsolidatedMember fsa:RetainedEarningsMember 40093605 2023-09-30 cmn:ConsolidatedMember 40093605 2023-10-01 2024-09-30 cmn:ConsolidatedMember fsa:RetainedEarningsMember 40093605 2024-09-30 cmn:ConsolidatedMember fsa:ContributedCapitalMember 40093605 2024-09-30 cmn:ConsolidatedMember fsa:RetainedEarningsMember 40093605 2023-10-01 2024-09-30 cmn:ConsolidatedMember 1 40093605 2023-10-01 2024-09-30 cmn:ConsolidatedMember fsa:ShorttermDeferredIncomeMember 40093605 2022-10-01 2023-09-30 40093605 2022-10-01 2023-09-30 fsa:ManagementMember 40093605 2022-10-01 2023-09-30 cmn:ConsolidatedMember 40093605 2022-10-01 2023-09-30 cmn:ConsolidatedMember 1 40093605 2022-09-30 cmn:ConsolidatedMember 40093605 2022-10-01 2023-09-30 cmn:ConsolidatedMember fsa:BoardOfDirectorsMember xbrli:pure iso4217:EUR 40093605 Årsrapport It is an integral part of the Groups culture and policies to provide a workplace where there is full equality of opportunity between men and women. The established personnel policies are considered gender neutral in all areas. The Executive Board in parent company has 1 member (1 male) and there is no Board of Directors. 1 20230 -371000 36643000 A equal gender distribution has therefore been achieved. 0.000 The Executive Board has today considered and approved the annual report of group.one Holding DK ApS for the financial year 01.10.2023 - 30.09.2024. 458000 1930000 The parent company has no employees. 2023/24 EUR'0002022/23 EUR'000Financial expenses from group enterprises1,9452,201Other interest expenses3,06494Other financial expenses6542495,6632,5443 Other financial expenses2023/24 EUR'0002022/23 EUR'000Financial expenses from group enterprises2,0411,544Exchange rate adjustments44Other financial expenses112,0461,5492023/24 EUR'0002022/23 EUR'000Financial expenses from group enterprises2,0411,544Exchange rate adjustments44Other financial expenses112,0461,549 The annual report is presented in accordance with the Danish Financial Statements Act. -829000 293000 The Group is therefore exempted from giving information about goals and policies on the underrepresented gender on other management levels due to the Danish Financial Statements Act section 99b.4 as there are under 50 employees in the the parent company. Acquired intangible assets EUR'000Acquired licences EUR'000Goodwill EUR'000Cost beginning of year23,3201,67557,755Cost end of year23,3201,67557,755Amortisation and impairment losses beginning of year(1,268)(1,452)(9,402)Amortisation for the year(3,805)(182)(2,886)Reversal regarding disposals02317Amortisation and impairment losses end of year(5,073)(1,611)(12,271)Carrying amount end of year18,2476445,484 In my opinion, the consolidated financial statements and the parent financial statements give a true and fair view of the Group's and the Parent's financial position at 30.09.2024 and of the results of their operations and the consolidated cash flows for the financial year 01.10.2023 - 30.09.2024. 0 5892000 104000 I believe that the management commentary contains a fair review of the affairs and conditions referred to ​therein. 6000 32388000 25000 I recommend the annual report for adoption at the Annual General Meeting. 1549000 17734000 79000 Copenhagen -2372000 8413000 412000 Søren Visti Kristensen -2438000 6241000 33000 To the shareholder of group.one Holding DK ApS 66000 1270000 2046000 We have audited the consolidated financial statements and the parent financial statements of group.one Holding DK ApS for the financial year 01.10.2023 - 30.09.2024, which comprise the income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies, for the Group as well as the Parent, and the consolidated cash flow statement. The consolidated financial statements and the parent financial statements are prepared in accordance with the Danish Financial Statements Act. ​ ​In our opinion, the consolidated financial statements and the parent financial statements give a true and fair view of the Group's and the Parent's financial position at 30.09.2024 and of the results of their operations and the consolidated cash flows for the financial year 01.10.2023 - 30.09.2024 in accordance with the Danish Financial Statements Act. 53178000 2544000 -1522000 We conducted our audit in accordance with International Standards on Auditing (ISAs) and additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further ​described in the "Auditor’s responsibilities for the audit of the consolidated financial statements and the parent financial statements" section of this auditor’s report. We are independent of the Group in accordance with the International Ethics Standards Board for ​Accountants' Code of Ethics for Professional Accountants (IESBA Code) and the additional requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 53178000 4967000 173000 Management is responsible for the preparation of consolidated financial statements and parent financial statements that give a true and fair view in accordance with the Danish Financial Statements Act, and for such internal control as Management determines ​is necessary to enable the preparation of consolidated financial statements and parent financial statements that are free from material misstatement, ​whether due to fraud or error. ​ ​In preparing the consolidated financial statements and the parent financial statements, Management is responsible for assessing the Group's and the Entity’s ability to continue ​as a going concern, for disclosing, as applicable, matters related to going concern, and for using the going ​concern basis of accounting in preparing the consolidated financial statements and the parent financial statements unless Management either intends to liquidate ​the Entity or to cease operations, or has no realistic alternative but to do so. 53178000 -22000 -1695000 Our objectives are to obtain reasonable assurance about whether the consolidated financial statements and the parent 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 the 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 these consolidated financial statements and parent financial statements. ​​ ​​As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, ​​we exercise professional judgement and maintain professional scepticism throughout the audit. We also:Identify and assess the risks of material misstatement of the consolidated financial statements and the parent 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. 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 Group's and the Entity’s internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates ​and related disclosures made by Management. Conclude on the appropriateness of Management’s use of the going concern basis of accounting in ​preparing the consolidated financial statements and the parent 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 Group's and the Entity’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 consolidated financial statements and the parent 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 Group and the ​Entity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the consolidated financial statements and the parent financial statements, including the disclosures ​in the notes, and whether the consolidated financial statements and the parent financial statements represent the underlying transactions and ​events in a manner that gives a true and fair view.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. 1401000 4989000 53591000 2192000 22052000 53591000 3593000 223000 53591000 215000 48353000 0 3808000 70628000 5339000 56986000 7781000 5339000 1940000 7146000 33000 33034000 14927000 5372000 Management is responsible for the management commentary. ​ ​Our opinion on the consolidated financial statements and the parent financial statements does not cover the management commentary, and we do not express ​any form of assurance conclusion thereon. ​ ​In connection with our audit of the consolidated financial statements and the parent financial statements, our responsibility is to read the management ​commentary and, in doing so, consider whether the management commentary is materially inconsistent with ​the consolidated financial statements and the parent financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. ​Moreover, it is our responsibility to consider whether the management commentary provides the information ​required by relevant law and regulations.Based on the work we have performed, we conclude that the management commentary is in accordance with ​the consolidated financial statements and the parent financial statements and has been prepared in accordance with the requirements in the relevant law and regulations. We did not identify any material misstatement of the management commentary. 34974000 532000 58963000 157000 532000 1940000 Copenhagen 21676000 86087000 31339000 Jan Larsen 0 641000 33279000 mne16541 179000 12044000 13000 State Authorised Public Accountant 22012000 1683000 24330000 Ulrik Winkler Jakobsen 22012000 507000 1341000 mne47242 56986000 5000 0 State Authorised Public Accountant 1 0 25684000 Financial highlights2023/24​EUR'0002022/23​EUR'0002021/22​EUR'0002020/21​EUR'0002020​EUR'000Key figuresRevenue44,73936,64331,39726,55918,833Gross profit/loss36,27832,38825,87922,83715,084Operating profit/loss4,0866,2414,4862,318(1,491)Net financials(3,730)(1,274)6602,1375,249Profit/loss for the year(2,965)4,9895,2644,3703,576Balance sheet total130,859106,96551,593346,023350,215Investments in property, plant and equipment1,89611,4544,8241,8582,417Equity43,67646,64128,061187,969183,591Cash flows from operating activities6,33530,395174,30925,870(9,495)Cash flows from investing activities(1,329)(52,859)(4,725)(2,112)(4,931)Cash flows from financing activities(2,248)19,683(166,756)(22,299)19,278RatiosNet margin (%)(6.63)13.6216.7716.4518.99Return on equity (%)(6.57)13.364.872.351.95Equity ratio (%)33.3843.6054.3954.3252.42The income statement for 2020 covers the period 01.01.2020 - 30.09.2020.Financial highlights are defined and calculated in accordance with the current version of "Recommendations & ​Ratios" issued by the CFA Society Denmark.Net margin (%) : Profit/loss for the year * 100 ​​RevenueReturn on equity (%) :Profit/loss for the year * 100 ​​​Average equity​Equity ratio (%) :Equity * 100 ​​​Balance sheet total 458000 1764000 25684000 66000 16644000 58963000 Primary activitiesThe Group’s activities are sale, development and hosting of software to domain-related services, domain name registry activities as well as support services. ​ ​The Group consist of group.one Holding DK ApS, One.com A/S and One.com India Pvt. Ltd. 4234000 1940000 Development in activities and financesThe consolidated loss for the year is EUR 2,965 thousand (2022/23: EUR 4,989 thousand in profit). The decrease in result of the year is primarily attributable to higher costs and amortisation of goodwill related to the Groups acquisition of the RankMath activity in 2022/23. 20878000 33034000 Profit/loss for the year in relation to expected developmentsThe profit for the year is not meeting our expectations. A profit of EUR 8,000 thousand was budgeted for 2023/24 for the Group. 106965000 OutlookA profit of EUR 2-5,000 thousand is expected for 2024/25 for the Group. In addition, the Group expects a positive cash flow. 1940000 -1695000 Knowledge resourcesThe ambition of the group is to be the 1st choice for prosumers to master a successful online presence. We believe that every person and every company, regardless of skill and technical ability, are able to build their own unique online presence. And we believe that the brands of group.ONE should be the first choice to provide that service. It is essential for the group to attract, develop and retain high-quality members of staff with an appertaining high level of competence. The realisation of the group’s goal of ensuring both quality knowledge and knowhow at each level of staff are being facilitated through recruitment procedures and a continuous development of existing staff and their competences. Throughout the year several experienced and highly qualified members of staff have been added to the group, which have further strengthened the groups knowledge and competence base. 44701000 Environmental performanceThe Group takes a proactive approach to its environmental impact. ​ ​In connection with its server operations the Group has, for example, made sure that only renewable energy consisting of electricity generated by wind turbines is being used. ​ ​In addition, the Group is continuously aware and acting on the environmental impact of purchasing and ongoing resource usage. 46641000 1940000 Statutory report on corporate social responsibilityThe groups CSR-work is an integrated part of ESG-policies in the group (Environmental, Social, Governance), and can be found at group.one/downloads/group.one-ESG-Report-2024-v1.pdf.​Sustainable options are increasingly being considered. The issues are diverse but the main areas are :​​- Factors contributing to climate change ​- Efficient energy consumption ​- Responsible disposal of hazardous waste ​- Sustainability of resources ​ ​On the social area inclusion, diversity and equality are important considerations in relation to the way our businesses operate and generate competitive advantages. The group wants to deliver a positive impact on our employees, local communities and society in general through our work and the products we are offering. ​ ​As part of this we look at :​ ​- Preservation of human rights ​- Equality and diversity among employees ​- Non-discriminatory employment practices ​- No child-labour or indentured servitude ​- Health and safety​- Animal welware ​- Corporate donations ​ ​As part of our work in corporate governance we look at structures, corporate values and accountability processes. We look at the following areas:​ ​- Management structure ​- Employee relations and workplace grievances ​- Executive remuneration ​- Corporate Codes of Conduct and employee policies​​In the financial year the group continued our focused work in order to link our ESG-work and policies with the United Nations Sustainable Development Goals (SDG). This work is ongoing and in FY22 we internally initiated the​first incentives in this regard. ​ ​We believe that our overall business model as an online service provider are very sustainable and with less usage of ressources and less waste than you would see in other industries. ​ ​However we still want to take a proactive approach and be best in class when it comes to environmental and climate issues as an example our datacenters are running on renewable energy (Wind turbines and hydro- power). ​​We track and report internally on a number of ESG-related KPI’s within the areas mentioned above.​​Environment and Climate ​The group is aware of its impact on the environment and have a policy to choose the more environment- friendly option when there are more options to choose from. ​ ​We are tracking our CO2-emissions and have a goal of limiting this per customer-basis. ​​Staff ​The group is working systematically on improving the work environment and promote well-being. This is done in the Working Environment Organisation as well as through employee surveys with active follow-up. ​ ​At the groups Danish office the Work Environment Authority have visited earlier which resulted in a green smiley .​ ​Social ​The group has taken initiatives to do a positive impact in the communities where we operate. As examples in India we have been planting trees and giving food to people in need. In Denmark we are supporting an organisation for homeless people.​ ​Human rights ​Internally the respect for human rights are included in our behavioral values, code-of-conducts and in general in the way we work. ​ ​Externally our product is used to promote the freedom of speech which is a fundamental human right – since customers can express themselves freely on their websites. ​​Anti-bribery and AML-policy (Anti-money laundering) ​The group has a firm stand on not condoning bribery and if we notice any money laundering acts these will be reported to the relevant authorities. 6382000 31339000 2104000 Statutory report on the underrepresented gender2023/24Supreme management bodyTotal number of members1Underrepresented gender (%)0.00It is an integral part of the Groups culture and policies to provide a workplace where there is full equality of opportunity between men and women. The established personnel policies are considered gender neutral in all​areas. ​​The Executive Board in parent company has 1 member (1 male) and there is no Board of Directors. A equal gender distribution has therefore been achieved. The parent company has no employees. The Group is therefore exempted from giving information about goals and policies on the underrepresented gender on other management levels due to the Danish Financial Statements Act section 99b.4 as there are under 50 employees in the the parent company. 8486000 1 Staff costs2023/24 EUR'0002022/23 EUR'000Wages and salaries22450Pension costs3825458Average number of full-time employees01Remunerationof Manage- ment 2022/23 EUR'000Executive Board458458 1400000 0 Statutory report on data ethics policyThe Group acknowledges that data is a valuable asset and should be treated with sensitivity and respect. We commit to the following data ethics principles: (1) Transparency: Individuals must be able to understand how their personal data is used; (2) Autonomy: Respect individuals’ privacy, protect their rights, and honour confidentiality; (3) Responsible data sharing: Data must be shared on a need-to-know basis only, and processes for sharing data must actively and consistently consider and protect individuals’ rights; (4) Ethics by design: Controls must be built into the architecture to prevent harm and risks to individuals; (5) Accountability: All data collection involves human decisions. Therefore, we strive to implement mechanisms to control the context in which data is collected, the systems used for data processing, and the methods for ensuring data quality. We acknowledge that data and systems can be misused or used for unintended purposes. We assess and document permissible use of our data and systems and take measures to avoid impermissible use; and (6) Processes and policies: We will develop additional policies and procedures to ensure that we comply with the principles mentioned above. 1637000 Remunerationof Manage- ment 2022/23 EUR'000Executive Board458458 Events after the balance sheet dateNo events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report. 34162000 2 Other financial income2023/24 EUR'0002022/23 EUR'000Financial income from group enterprises220Other interest income53Exchange rate adjustments63336 44739000 0 1493000 12389000 125000 2250000 4 Tax on profit/loss for the year2023/24​EUR'0002022/23​EUR'000Current tax(335)(522)Change in deferred tax1,401(1,401)Adjustment concerning previous years(893)(515)173(2,438) 9829000 51838000 5 Proposed distribution of profit and loss2023/24 EUR'0002022/23 EUR'000Retained earnings(1,695)66(1,695)66 36278000 60324000 -1695000 20359000 106965000 11833000 8405000 6 Financial assetsInvestments in group enterprises EUR'000Cost beginning of year380,262Disposals(326,671)Cost end of year53,591Impairment losses beginning of year(327,084)Reversal of impairment losses413Reversal regarding disposals326,671Impairment losses end of year0Carrying amount end of year53,591Disposals and reversals regarding disposals both relate to the liquidation of the subsidiary, Tribes (Holdings) Limited, UK. A specification of investments in subsidiaries is evident from the notes to the consolidated financial statements. 4086000 16833000 7 Deferred tax2023/24​EUR'0002022/23​EUR'000Tax losses carried forward01,401Deferred tax01,401​ ​​Changes during the year2023/24​EUR'0002022/23​EUR'000Beginning of year1,4010Recognised in the income statement(1,401)1,401End of year01,401 1933000 31479000 5663000 1270000 8 Contingent liabilitiesThe Entity has provided surety for following group entities: ​Redhalo Midco (UK) Limited: EUR 23.3 millionThe Entity serves as the administration company in a Danish joint taxation arrangement. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is therefore liable for income taxes etc. for the jointly taxed entities, and also for obligations, if any, relating to the withholding of tax on interest, royalties and dividends for these entities. 356000 2544000 9 Related parties with controlling interestCinven Fund VII (Ultimate holding company) ​Level 4, Mill Court ​La Charroterie ​St Peter Port ​Guernsey GY1 1EJ ​​Geo Aggregator LP (Intermediate holding company) ​PO BOX 656 East Wing ​Trafalgar Court ​Les Banques ​St Peter Port ​Guernsey GY1 3PP ​​NorthStar Jersey Newco Limited (Intermediate holding company) ​Aztec Group House 11-15 ​Seaton Place ​St Helier ​JE4 0QH ​Jersey​​Redhalo Jersey Topco Ltd. (Intermediate holding company) ​11-15 Seaton Place ​St Helier ​JE4 0QH ​Jersey ​​Isthmus Holdco Ltd. (Intermediate holding company) ​21 St James's Square ​London ​SW1Y 4JZ ​United Kingdom ​ ​Redhalo Midco Ltd. (Intermediate holding company) ​21 St James's Square ​London ​SW1Y 4JZ ​United Kingdom​​Redhalo Bidco Ltd. (Immediate holding company) ​21 St James's Square ​London ​SW1Y 4JZ ​United Kingdom ​​Performing a management function, the following entity also has a controlling interest:​Cinven Capital Management (VII) ​Level 4, Mill Court ​La Charroterie ​St Peter Port ​Guernsey GY1 1EJ​ 3321000 -190000 -2965000 30395000 10 Non-arm’s length related party transactionsOnly non-arm's length related party transactions are disclosed in the annual report.​ No such transactions were conducted during the financial year. 18247000 41479000 Investments in group enterprises Investments in group enterprises are measured at cost. Investments are written down to the ​lower of recoverable amount and carrying amount. 64000 11454000 45484000 8000 63795000 11000 6353000 77000 5004000 -52859000 11357000 22464000 432000 1689000 432000 13591000 75584000 7781000 821000 19683000 43054000 -2781000 194000 7015000 336000 4234000 0 271 1043000 458000 2835000 4989000 48283000 6992000 55275000 130859000 1940000 41736000 43676000 3867000 3053000 6920000 1667000 2192000 59870000 1341000 10654000 4539000 80263000 87183000 130859000 1940000 44701000 -2965000 1940000 41736000 11833000 -5275000 10644000 1933000 5663000 579000 6335000 40000 1896000 506000 11000 112000 -1329000 -5006000 1400000 0 Incurrence of debt regarding IFRS 16 -848000 -2248000 2758000 6992000 1 Revenue2023/24 EUR'0002022/23 EUR'000Denmark370246EU37,65534,809Outside EU6,7141,588Total revenue by geographical market44,73936,643Cost+37,40734,485Domain sales7,3322,158Total revenue by activity 44,73936,643 2 Fees to the auditor appointed by the Annual General Meeting2023/24 EUR'0002022/23 EUR'000Statutory audit services4948Other services11156063 3 Staff costs2023/24 EUR'0002022/23 EUR'000Wages and salaries19,63417,221Pension costs382373Other social security costs34314020,35917,734Average number of full-time employees291271Remunerationof management 2022/23 EUR'000Board of Directors458458 291 Remunerationof management 2022/23 EUR'000Board of Directors458458 4 Depreciation, amortisation and impairment losses2023/24​EUR'0002022/23​EUR'000Amortisation of intangible assets6,8733,741Depreciation on property, plant and equipment4,9604,67211,8338,413 5 Other financial income2023/24 EUR'0002022/23 EUR'000Financial income from group enterprises1,534969Other interest income7998Exchange rate adjustments318203Other financial income201,9331,270 6 Other financial expenses2023/24 EUR'0002022/23 EUR'000Financial expenses from group enterprises1,9452,201Other interest expenses3,06494Other financial expenses6542495,6632,544 7 Tax on profit/loss for the year2023/24 EUR'0002022/23 EUR'000Current tax2,7242,432Change in deferred tax1,490(1,939)Adjustment concerning previous years(893)(515)3,321(22) 8 Proposed distribution of profit/loss2023/24 EUR'0002022/23 EUR'000Retained earnings(2,965)4,989(2,965)4,989 -2965000 9 Intangible assetsAcquired intangible assets​EUR'000Acquired licences ​EUR'000Goodwill​EUR'000Cost beginning of year23,3201,67557,755Cost end of year23,3201,67557,755Amortisation and impairment losses beginning of year(1,268)(1,452)(9,402)Amortisation for the year(3,805)(182)(2,886)Reversal regarding disposals02317Amortisation and impairment losses end of year(5,073)(1,611)(12,271)Carrying amount end of year18,2476445,484 10 Property, plant and equipmentLand and buildings EUR'000Other fixtures and fittings, tools and equipment EUR'000Cost beginning of year7,78120,273Additions01,896Disposals(1,288)(1,667)Cost end of year6,49320,502Depreciation and impairment losses beginning of year0(13,127)Depreciation for the year(961)(3,999)Reversal regarding disposals8211,628Depreciation and impairment losses end of year(140)(15,498)Carrying amount end of year6,3535,004Property, plant and equipment include finance leases at a booked value of EUR'000 3,387 for Other fixtures and fittings, tools and equipment and Right-of-use assets of a booked value of EUR'000 6,314 for Land and buildings. 11 Financial assetsOther receivables EUR'000Cost beginning of year441Exchange rate adjustments12Disposals(112)Cost end of year341Revaluations beginning of year91Revaluations end of year91Carrying amount end of year432 12 Deferred tax2023/24​EUR'0002022/23​EUR'000Intangible assets(1)317Property, plant and equipment(4,877)(7,239)Liabilities other than provisions5,0727,204Tax losses carried forward01,401Deferred tax1941,683​​Changes during the year2023/24​EUR'0002022/23​EUR'000Beginning of year1,683(256)Recognised in the income statement(1,489)1,939End of year1941,683Deferred tax has been recognised in the balance sheet as follows2023/24​EUR'0002022/23​EUR'000 Deferred tax assets1941,6831941,683​Deferred tax assetsThe Group's deferred tax asset relates to temporal differences between tax and accounting depreciation/impairment of assets and liabilities. 13 PrepaymentsPrepayments comprise prepaid expenses regarding TLD and insurance etc. Prepayments are measured at cost. 14 Contributed capitalNumberPar value EUR'000Nominal ​value EUR'000Ordinary shares19,40510.001,94019,4051,940 The nominal share capital amounts to EUR 1,940,491.86 at 30 September 2024. 15 Non-current liabilities other than provisionsDue within 12 ​months​2023/24​EUR'000Due within 12 ​​months​2022/23​EUR'000Due after ​more than 12 ​months​2023/24​EUR'000Lease liabilities1,6671,4003,867Tax payable003,0531,6671,4006,920Due after more than 5 years: EUR 0 16 Deferred incomeDeferred income comprise deferred revenue from webhosting and subscriptions. 17 Changes in working capital2023/24 EUR'0002022/23 EUR'000Increase/decrease in receivables(32,092)(12,029)Increase/decrease in trade payables etc.26,81728,862(5,275)16,833 18 Contingent liabilitiesThe Entity has provided surety for following group entities: ​Redhalo Midco (UK) Limited: EUR 23.3 million 19 Non-arm’s length related party transactionsOnly non-arm's length related party transactions are disclosed in the annual report.​ No such transactions were conducted during the financial year. 20 Group relationsName and registered office of the Parent preparing consolidated financial statements for the largest group: NoneName and registered office of the Parent preparing consolidated financial statements for the smallest group: None 21 SubsidiariesRegistered inCorporate ​formOwnership ​​%One.com A/SCopenhagen V, DenmarkA/S100.0One.com India Private LimitedGurgaon, IndiaPvt. Ltd.100.0 The consolidated financial statements have been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class C enterprises (large). The parent financial statements have been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class C enterprises (medium).The accounting policies applied to these consolidated financial statements and parent financial statements are consistent with those applied last year. The annual report has been prepared in EUR. The accounting policies applied to these consolidated financial statements and parent financial statements are consistent with those applied last year. The annual report has been prepared in EUR.Profit or loss from divestment of enterprisesProfits or losses from divestment or winding-up of enterprises are calculated as the difference between selling price or settlement price and the carrying amount of the net assets at the time of divestment and winding-up, respectively, including any non-amortised goodwill and estimated selling or winding-up expenses. Non-comparabilityThe annual report has changed classification (presentation) in comparative figures concerning other staff costs amounting to 110 k EUR that were previously presented as staff costs, which has now changed into being presented as other external expenses. The re-classification has been adjusted in the profit and loss statement and the comparative figures have been adjusted accordingly. The changes made have no effect on the Group's profit, assets or equity. Recognition and measurementAssets are recognised in the balance sheet when it is probable as a result of a prior event that future economic ​benefits will flow to the Entity, and the value of the asset can be measured reliably. ​ ​Liabilities are recognised in the balance sheet when the Entity has a legal or constructive obligation as a ​result of a prior event, and it is probable that future economic benefits will flow out of the Entity, and the ​value of the liability can be measured reliably. ​ ​On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial ​recognition is effected as described below for each financial statement item. ​ ​Anticipated risks and losses that arise before the time of presentation of the annual report and that confirm ​or invalidate affairs and conditions existing at the balance sheet date are considered at recognition and ​measurement. ​ ​Income is recognised in the income statement when earned, whereas costs are recognised by the amounts ​attributable to this financial year. Consolidated financial statementsThe consolidated financial statements comprise the Parent and the group enterprises (subsidiaries) that are controlled by the Parent. Control is achieved by the Parent, either directly or indirectly, holding more than 50% of the voting rights or in any other way possibly or actually exercising controlling influence. Enterprises in which the Group, directly or indirectly, holds between 20% and 50% of the voting rights and exercises significant, but not controlling influence, are regarded as associates.Basis of consolidationThe consolidated financial statements are prepared on the basis of the financial statements of the Parent and its subsidiaries. The consolidated financial statements are prepared by combining uniform items. On consolidation, intra-group income and expenses, intra-group accounts and dividends as well as profits and losses on transactions between the consolidated enterprises are eliminated. The financial statements used for consolidation have been prepared applying the Group’s accounting policies.​​Subsidiaries’ financial statement items are recognised in full in the consolidated financial statements. Minority interests’ pro rata shares of the profit/loss and the net assets are disclosed as separate items in Management's proposal for the distribution of net profit/loss and equity, respectively.​​Investments in subsidiaries are offset at the pro rata share of such subsidiaries’ net assets at the takeover date, with net assets having been calculated at fair value. Foreign currency translationOn initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the rate in effect at the payment date, or the rate at the balance sheet date, are recognised in the income statement as financial income or financial expenses. Property, plant and equipment, intangible assets, inventories and other non-monetary assets that have been purchased in foreign currencies are translated using historical rates. ​ ​When recognising foreign subsidiaries and associates that are independent entities, the income statements ​are translated at average exchange rates for the months that do not significantly deviate from the rates at the transaction date. Balance sheet items are translated using the exchange rates at the balance sheet date. Goodwill ​is considered belonging to the independent foreign entity and is translated using the exchange rate at the balance sheet date. Exchange differences arising out of the translation of foreign subsidiaries’ equity at the beginning of the year at the balance sheet date exchange rates and out of the translation of income statements from average rates to the exchange rates at the balance sheet date are classified directly as equity. ​ ​Exchange adjustments of outstanding accounts with independent foreign subsidiaries, which are considered ​part of the total investment in the subsidiary in question, are classified directly as equity.When recognising foreign subsidiaries that are integral entities, monetary assets and liabilities are translated using the exchange rates at the balance sheet date. Non-monetary assets and liabilities are translated at the exchange rate at the time of acquisition or the time of any subsequent revaluation or writedown. The items of the ​income statement are translated at the average rates of the months; however, items deriving from non-monetary ​assets and liabilities are translated using the historical rates applicable to the relevant non-monetary items. Gross profit or lossGross profit or loss comprises revenue, other operating income, cost of sales and other external expenses. RevenueRevenue from the sale of services is recognised in the income statement when delivery is made to the buyer. Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed. Other operating incomeOther operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary ​activities. Cost of salesCost of sales comprises goods consumed in the financial year measured at cost, adjusted for normal inventory writedowns. Other external expensesOther external expenses include expenses relating to the Entity’s ordinary activities, including expenses for premises, stationery and office supplies, marketing costs, etc. This item also includes write-downs of receivables recognised in current assets and gains and losses from the sale of intangible assets and property, plant and equipment. Staff costsStaff costs comprise wages and salaries, and social security contributions, pension contributions, etc . for entity staff. Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses relating to property, plant and equipment and intangible ​assets comprise depreciation, amortisation and impairment losses for the financial year. Income from investments in group enterprisesIncome from investments in group enterprises comprises dividends etc. received from the individual group enterprises in the financial year. Other financial incomeOther financial income comprises dividends etc. received on other investments, interest income, including interest income on receivables from group enterprises, net capital or exchange gains on securities, payables and transactions in foreign currencies, amortisation of financial assets as well as tax relief under the Danish Tax Prepayment Scheme etc. Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on payables to group enterprises, net capital or exchange losses on payables and transactions in foreign currencies, amortisation of financial liabilities as well as tax surcharge under the Danish Tax Prepayment Scheme etc. Tax on profit/loss for the yearTax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the ​​income statement by the portion attributable to the profit for the year and recognised directly in equity by the ​portion attributable to entries directly in equity.The Parent is jointly taxed with all of its Danish group enterprises. The current Danish income tax is allocated among the jointly taxed entities proportionally to their taxable income (full allocation with a refund concerning tax losses). GoodwillGoodwill is the positive difference between cost and fair value of assets and liabilities arising from acquisitions. Goodwill is amortised straight-line over its estimated useful life, which is fixed based on the experience gained by Management for each business area. The amortisation period is usually five years, however, in certain cases it may be up to 20 years for strategically acquired enterprises with a strong market position and a long-term earnings profile if the longer amortisation period is considered to give a better reflection of the benefit from the relevant resources. ​ ​Goodwill is written down to the lower of recoverable amount and carrying amount.all of its Danish group enterprises. The current Danish income tax is allocated among the jointly taxed entities proportionally to their taxable income (full allocation with a refund concerning tax losses).Intellectual property rights etc.Intellectual property rights etc. comprise development projects completed and in progress with related intellectual property rights, acquired intellectual property rights and prepayments for intangible assets.Intellectual property rights acquired are measured at cost less accumulated amortisation. Patents are amortised on a straight-line basis over their remaining duration, and licences are amortised on a straight-line basis over the term of the agreement. Acquired intangible assets are amortised on a straight-line basis over 4-10 years depending on the asset category.​ ​Intellectual property rights etc. are written down to the lower of recoverable amount and carrying amount. Property, plant and equipmentLand and buildings and other fixtures and fittings, tools and equipment are ​measured at ​cost less accumulated depreciation and impairment losses. Land is not depreciated. ​​ ​​Cost comprises the acquisition price, costs directly attributable to the acquisition and preparation costs of the ​asset until the time when it is ready to be put into operation. For assets held under finance ​leases, cost is the lower of the asset’s fair value and present value of future lease payments. ​ ​The basis of depreciation is cost less estimated residual value after the end of useful life. Straight-line depreciation is made on the basis of the following estimated useful lives of the assets:Useful life Buildings2-5 yearsOther fixtures and fittings, tools and equipment2-5 years​Estimated useful lives and residual values are reassessed annually. ​ ​Items of property, plant and equipment are written down to the lower of recoverable amount and carrying ​amount. ReceivablesReceivables are measured at amortised cost, usually equalling nominal value, less writedowns for bad and ​​doubtful debts. Deferred taxDeferred tax is recognised on all temporary differences between the carrying amount and the tax-based value of assets and liabilities, for which the tax-based value is calculated based on the planned use of each asset. However, no deferred tax is recognised for amortisation of goodwill disallowed for tax purposes and temporary differences arising at the date of acquisition that do not result from a business combination and that do not have any effect on profit or loss or on taxable income. ​ ​Deferred tax assets, including the tax base of tax loss carryforwards, are recognised in the balance sheet at ​their estimated realisable value, either as a set-off against deferred tax liabilities or as net tax assets. Tax payable or receivableCurrent tax payable or receivable is recognised in the balance sheet, stated as tax computed on this year's ​taxable income, adjusted for prepaid tax.Joint taxation contributions payable or receivable Current joint taxation contributions payable or receivable are recognised in the balance sheet, stated as tax computed on this year's taxable income, adjusted for prepaid tax. For tax losses, joint taxation contributions receivable are only recognised if such losses are expected to be used under the joint taxation arrangement. PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at ​cost. CashCash comprises cash in hand and bank deposits. Lease liabilitiesLease commitments are recognised in the balance sheet as liabilities other than provisions, and, at the time of inception of the lease, measured at the present value of future lease payments. Subsequent to initial recognition, lease commitments are measured at amortised cost. The difference between present value and nominal amount of the lease payments is recognised in the income statement as a financial expense over the term of the leases. Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Deferred incomeDeferred income comprises income received for recognition in subsequent financial years. Deferred income ​is measured at cost. Cash flow statementThe cash flow statement shows cash flows from operating, investing and financing activities, and cash ​​and cash equivalents at the beginning and the end of the financial year. ​​ ​​Cash flows from operating activities are presented using the indirect method and calculated as the operating ​​profit/loss adjusted for non-cash operating items, working capital changes and taxes paid. ​​ ​​Cash flows from investing activities comprise payments in connection with acquisition and divestment of ​ enterprises, activities and fixed asset investments, and purchase, development, improvement and sale, ​​etc. of intangible assets and property, plant and equipment, including acquisition of assets held under finance ​​leases. ​​ ​​Cash flows from financing activities comprise changes in the size or composition of the contributed capital ​​and related costs, and the raising of loans, inception of finance leases, repayments of interest-bearing ​​debt, purchase of treasury shares and payment of dividend. ​​ ​​Cash and cash equivalents comprise cash and short-term securities with an insignificant price risk less short- ​term bank loans. The cash flow statement shows cash flows from operating, investing and financing activities, and cash ​​and cash equivalents at the beginning and the end of the financial year. ​​ ​​Cash flows from operating activities are presented using the indirect method and calculated as the operating ​​profit/loss adjusted for non-cash operating items, working capital changes and taxes paid. ​​ ​​Cash flows from investing activities comprise payments in connection with acquisition and divestment of ​ enterprises, activities and fixed asset investments, and purchase, development, improvement and sale, ​​etc. of intangible assets and property, plant and equipment, including acquisition of assets held under finance ​​leases. ​​ ​​Cash flows from financing activities comprise changes in the size or composition of the contributed capital ​​and related costs, and the raising of loans, inception of finance leases, repayments of interest-bearing ​​debt, purchase of treasury shares and payment of dividend. ​​ ​​Cash and cash equivalents comprise cash and short-term securities with an insignificant price risk less short- ​term bank loans. Grundlag for konklusion Konklusion Regnskabsklasse C, stor virksomhed 2025-03-31 2025-03-31 33963556 Deloitte Statsautoriseret Revisionspartnerselskab Revisionspåtegning 2023-09-30 2022-10-01 33963556 Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab 2300 København S 2024-09-30 2023-10-01 group.one Holding DK ApS 40093605 Årsrapport København S 2300 6 Weidekampsgade København København V 1560 24 Kalvebod Brygge 2025-03-31 Søren Visti Kristensen