BDO Statsautoriseret revisionsaktieselskabHavneholmen 29DK-1561 København V20222670Årsrapport2015-03-19Dagmar MøllerDisa Management Services ApSc/o Disa Holding A/S, Højager 82630 TaastrupRevisionspåtegning337598782011-06-07Taastrup2014-01-012014-12-31BDO Statsautoriseret revisionsaktieselskabHavneholmen291561København VNordea BankStrandgade 3Postboks 850DK-0900 København CTaastrup2015-03-19Morten Milert BechlundIan Bruce BirdPeter Holm LarsenFormandMorten Milert BechlundFlemming Juel JensenAndrew James MatsuyamaKøbenhavn2015-03-19BDO Statsautoriseret revisionsaktieselskabOle C. K. NielsenStatsautoriseret revisorRegnskabsklasse B10000001040001570001040001570001040001570008000080000230002300010300010300010005400010005400010005400010400015700080000230008000023000Bestyrelsen og direktionen har dags dato behandlet og godkendt årsrapporten for 1. januar - 31. december 2014 for Disa Management Services ApS. Today the Board of Directors and Board of Executives have discussed and approved the Annual Report of Disa Management Services ApS for the year 1 January - 31 December 2014. Årsrapporten aflægges i overensstemmelse med årsregnskabsloven. The Annual Report is presented in accordance with the Danish Financial Statements Act. Det er vores opfattelse, at årsregnskabet giver et retvisende billede af selskabets aktiver, passiver og finansielle stilling pr. 31. december 2014 samt af resultatet af selskabets aktiviteter for regnskabsåret 1. januar - 31. december 2014. In our opinion the financial statements give a true and fair view of the company’s financial position at 31 December 2014 and of the results of the company’s operations for the financial year 1 January - 31 December 2014. Ledelsesberetningen indeholder efter vores opfattelse en retvisende redegørelse for de forhold, beretningen omhandler. The Management's Review includes in our opinion a fair presentation of the matters dealt with in the review. Årsrapporten indstilles til generalforsamlingens godkendelse. We recommend that the Annual Report be approved at the Annual General meeting. Til kapitalejeren i Disa Management Services ApS To the Shareholder of Disa Management Services ApS Vi har revideret årsregnskabet for Disa Management Services ApS for regnskabsåret 1. januar - 31. december 2014, der omfatter anvendt regnskabspraksis, resultatopgørelse, balance og noter. Årsregnskabet udarbejdes efter årsregnskabsloven. We have audited the financial statements of Disa Management Services ApS for the financial year 1 January to 31 December 2014, which comprise a summary of significant accounting policies, income statement, balance sheet and notes. The financial statements are prepared in accordance with the Danish Financial Statements Act. Ledelsens ansvar for årsregnskabet The Board of Directors and Board of Executives' Responsibility for the Financial Statements 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 nødvendig for at udarbejde et årsregnskab uden væsentlig fejlinformation, uanset om denne skyldes besvigelser eller fejl. The board of directors and board of executives are responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act. This responsibility includes maintaining the internal control as the board of directors and board of executives determine is necessary to enable the preparation of financial statements free from material misstatement, whether due to fraud or error. Vores ansvar er at udtrykke en konklusion om årsregnskabet på grundlag af vores revision. Vi har udført revisionen i overensstemmelse med internationale standarder om revision og yderligere krav ifølge dansk revisorlovgivning. Dette kræver, at vi overholder etiske krav samt planlægger og udfører revisionen for at opnå høj grad af sikkerhed for, om årsregnskabet er uden væsentlig fejlinformation. Our responsibility is to express an opinion on the financial statements based on our audit. We have conducted our audit in accordance with International Standards on Auditing and additional requirements under Danish Audit Legislation. This requires that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. En revision omfatter udførelse af revisionshandlinger for at opnå revisionsbevis for beløb og oplysninger i årsregnskabet. De valgte revisionshandlinger afhænger af revisors vurdering, herunder vurdering af risici for væsentlig fejlinformation i årsregnskabet, uanset om denne skyldes besvigelser eller fejl. Ved risikovurderingen overvejer revisor intern kontrol, der er relevant for virksomhedens udarbejdelse af et årsregnskab, der giver et retvisende billede. Formålet hermed er at udforme revisionshandlinger, der er passende efter omstændighederne, men ikke at udtrykke en konklusion om effektiviteten af virksomhedens interne kontrol. En revision omfatter endvidere vurdering af, om ledelsens valg af regnskabspraksis er passende, om ledelsens regnskabsmæssige skøn er rimelige samt den samlede præsentation af årsregnskabet. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatements of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation of financial statements that give a true and fair view 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 entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the board of directors and board of executives, as well as the overall presentation of the financial statements. Det er vores opfattelse, at det opnåede revisionsbevis er tilstrækkeligt og egnet som grundlag for vores konklusion. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Revisionen har ikke givet anledning til forbehold. The audit has not resulted in any qualification. Konklusion Opinion Det er vores opfattelse, at årsregnskabet giver et retvisende billede af selskabets aktiver, passiver og finansielle stilling pr. 31. december 2014 samt af resultatet af selskabets aktiviteter for regnskabsåret 1. januar - 31. december 2014 i overensstemmelse med årsregnskabsloven. In our opinion, the financial statements give a true and fair view of the company's assets, liabilities and financial position at 31 December 2014 and of the results of the company's operations for the financial year 1 January - 31 December 2014 in accordance with the Danish Financial Statements Act. Vi har i henhold til årsregnskabsloven gennemlæst ledelsesberetningen. Vi har ikke foretaget yderligere handlinger i tillæg til den udførte revision af årsregnskabet. Det er på denne baggrund vores opfattelse, at oplysningerne i ledelsesberetningen er i overensstemmelse med årsregnskabet. Pursuant to the Danish Financial Statements Act, we have read the management’s review. We have not performed any further procedures in addition to the audit of the financial statements. On this basis, it is our opinion that the information provided in the management’s review is consistent with the financial statements. Væsentligste aktiviteter Principal activities Selskabets væsentligste aktiviteter er at sælge services til jern- og metalstøberier, der støber i sand. Disa Management Service ApS sells services to iron and metal foundries casting in sand. Udvikling i aktiviteter og økonomiske forhold Development in activities and financial position Resultatet i regnskabsperioden blev et overskud efter skat på 0 tkr. Selskabet har været i dvale hele regnskabsåret. The result for the year is a profit of 0 thousand DKK. The Company has been resting the entire fiscal year. Betydningsfulde hændelser, indtruffet efter regnskabsårets afslutning Significant events after the end of the financial year Der er ikke efter regnskabsårets afslutning indtruffet begivenheder af væsentlig betydning for selskabets finansielle stilling pr. 31 december 2014 eller den forventede udvikling. No events have accured after the balance sheet date that could material influence the financial position at 31 December 2014 or the expected development. Forventninger til fremtiden Future expectations Aktiviteten er lukket ned i 2012. Der arbejdes på nye muligheder. The activity of the Company was closed down in 2012. Possible new activities are being considered. Årsrapporten for Disa Management Services ApS for 2014 er aflagt i overensstemmelse med den danske årsregnskabslovs bestemmelser for virksomheder i regnskabsklasse B. The annual report of Disa Management Services ApS for 2014 has been presented in accordance with the provisions of the Danish Financial Statements Act for enterprises in reporting class B. Regnskabsklasse B Årsrapporten er udarbejdet efter samme regnskabspraksis som sidste år. The Annual Report is prepared consistently with the accounting principles used last year. 1 Generelt om indregning og måling General about recognition and measurement I resultatopgørelsen indregnes indtægter i takt med, at de indtjenes, herunder indregnes værdireguleringer af finansielle aktiver og forpligtelser. I resultatopgørelsen indregnes ligeledes alle omkostninger, herunder afskrivninger og nedskrivninger. Income is recognised in the income statement as and when it is earned, including recognition of value adjustments of financial assets and liabilities. Any costs, including depreciation, amortisation and writedown, are also recognised in the income statement. Aktiver indregnes i balancen, når det er sandsynligt, at fremtidige økonomiske fordele vil tilflyde selskabet, og aktivets værdi kan måles pålideligt. Assets are recognised in the balance sheet when it is likely that future economic benefits will flow to the company and the value of the asset can be measured reliably. Forpligtelser indregnes i balancen, når det er sandsynligt, at fremtidige økonomiske fordele vil fragå selskabet, og forpligtelsens værdi kan måles pålideligt. Liabilities are recognised in the balance sheet when it is likely that future economic benefits will flow from the company and the value of the liability can be measured reliably. Ved første indregning måles aktiver og forpligtelser til kostpris. Efterfølgende måles aktiver og forpligtelser som beskrevet for hver enkelt regnskabspost nedenfor. The initial recognition measures assets and liabilities at cost. Subsequently, assets and liabilities are measured as described in the following for each item. Visse finansielle aktiver og forpligtelser måles til amortiseret kostpris, hvorved der indregnes en konstant effektiv rente over løbetiden. Amortiseret kostpris opgøres som oprindelig kostpris med fradrag af eventuelle afdrag samt tillæg/fradrag af den akkumulerede amortisering af forskellen mellem kostpris og nominelt beløb. Certain financial assets and liabilities are measured at amortised cost, recognising a constant effective interest over the term. Amortised cost is stated at initial cost less any deductions and with addition/deduction of the accumulated amortisation of the difference between cost and nominal amount. Ved indregning og måling tages hensyn til forudsigelige tab og risici, der fremkommer inden årsrapporten aflægges, og som be- eller afkræfter forhold, der eksisterede på balancedagen. The recognition and measurement takes into account predictable losses and risks arising before the year-end reporting and which prove or disprove matters that existed at the balance sheet date. RESULTATOPGØRELSEN INCOME STATEMENT Skat Tax on profit for the year Årets skat, som består af årets aktuelle skat og forskydning i udskudt skat, indregnes i resultatopgørelsen med den del, der kan henføres til årets resultat, og direkte på egenkapitalen med den del, der kan henføres til posteringer direkte på egenkapitalen. The tax for the year, which consists of the current tax for the year and changes in deferred tax, is recognised in the income statement by the portion that can be attributed to the profit for the year, and is recognised directly in the equity by the portion that can be attributed to entries directly to the equity. Selskabet er sambeskattet med koncernforbundne danske selskaber. Den aktuelle danske selskabsskat fordeles mellem de sambeskattede danske selskaber i forhold til disses skattepligtige indkomst og med fuld fordeling med refusion vedrørende skattemæssige underskud. De sambeskattede selskaber indgår i acontoskatteordningen. The company is jointly taxed with wholly owned Danish and foreign subsidiary enterprises. The current Danish corporation tax is distributed between the jointly taxed Danish companies in proportion to their taxable income, and with full distribution with refund regarding taxable losses. The jointly taxed companies are included in the tax-on-account scheme. BALANCEN BALANCE SHEET Skyldig skat og udskudt skat Tax payable and deferred tax 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 for betalte acontoskatter. Current tax liabilities and receivable current tax are recognised in the balance sheet as the calcu-lated tax on the taxable income for the year, adjusted for tax on the taxable income for previous years and taxes paid on account. Udskudt skat måles af midlertidige forskelle mellem regnskabsmæssig og skattemæssig værdi af aktiver og forpligtelser. Deferred tax is measured on the temporary differences between the carrying amount and the tax value of assets and liabilities. Udskudte skatteaktiver, herunder skatteværdien af fremførselsberettiget skattemæssigt underskud, måles til den værdi, hvortil aktivet forventes at kunne realiseres, enten ved udligning i skat af fremtidig indtjening eller ved modregning i udskudte skatteforpligtelser inden for samme juridiske skatteenhed. Deferred tax assets, including the tax value of tax loss carry-forwards, are measured at the expected realisable value of the asset, either by set-off against tax on future earnings or by set-off against deferred tax liabilities within the same legal tax unit. 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. Ændring i udskudt skat som følge af ændringer i skattesatser indregnes i resultatopgørelsen bortset fra poster, der føres direkte på egenkapitalen. Deferred tax is measured on the basis of the tax rules and tax rates that under the legislation in force on the balance sheet date would be applicable when the deferred tax is expected to crystallise as current tax. A change in the deferred tax, which is a result of changes to tax rates, is recognised in the income statement with the exception of items that are taken directly to equity. Gældsforpligtelser Liabilities Gæld er målt til amortiseret kostpris svarende til nominel værdi. Liabilities are measured at amortised cost equal to nominal value. Omregning af fremmed valuta Foreign currency translation Transaktioner i fremmed valuta omregnes til transaktionsdagens kurs. Valutakursdifferencer, der opstår mellem transaktionsdagens kurs og kursen på betalingsdagen indregnes i resultatopgørelsen som en finansiel post. Transactions in foreign currencies are translated at the rate of exchange on the transaction date. Exchange differences arising between the rate on the transaction date and the rate on the payment date are recognised in the income statement as a financial income or expense. Hvis valutapositionen anses for sikring af fremtidige pengestrømme, indregnes urealiserede værdireguleringer direkte på egenkapitalen. If the foreign exchange position is considered to hedge future cash flows, the unrealised exchange adjustments are recognised directly in the equity. Tilgodehavender, gæld og andre monetære poster i fremmed valuta, som ikke er afregnet på balancedagen, omregnes til balancedagens valutakurs. Forskellen mellem balancedagens kurs og kursen på tidspunktet for tilgodehavendets eller gældens opståen indregnes i resultatopgørelsen under finansielle indtægter og omkostninger. Accounts receivable, payable and other monetary items in foreign currencies that are not settled on the balance sheet date are translated at the exchange rate on the balance sheet date. The difference between the exchange rate on the balance sheet date and the exchange rate at the time of occurrence of the receivable or payable is recognised in the income statement as financial income or expenses. Egenkapital Equity 1 Selskabskapital Overført overskud I alt Share capital Retained profit Total Egenkapital 1. januar 2014 80 23 103 Equity 1 January 2014 Egenkapital 31. december 2014 80 23 103 Equity 31 December 2014 Selskabskapitalen har ikke været ændret i de seneste 5 år. The share capital has not been changed in the past 5 years. Eventualposter mv. Contingencies etc. 2 Koncernens danske selskaber hæfter solidarisk for skat af koncernens sambeskattede indkomst. Skyldig skat af koncernens sambeskattede indkomst fremgår af årsrapporten for Norican Holding ApS, der er administrationsselskab for sambeskatningen. The Danish companies of the group are jointly severally liable for the groups joint taxable income. The tax payable on the group income subject to joint taxation is disclosed in the annual report of Norican Holdings ApS, which is the administration company of the joint taxation arrangement. Pantsætninger og sikkerhedsstillelser Charges and securities 3 Selskabets likvide beholdning indgår i en cashpool ordning med øvrige koncernselskaber. The company's cash is included in a cashpool arrangement with the other consolidated enterprises. Ejerforhold Ownership 4 Koncernforhold Group information DISA Management Services ApS indgår i koncernregnskabet for Norican Holdings ApS, cvr.nr. 31286034, som kan rekvireres ved Erhvervsstyrelsen. DISA Management Services ApS is incorporated in the consolidated financial statements of Norican Holdings ApS, cvr.nr. 31286034, which can be obtained from the Danish Business Authority. Anpartshaverforhold Shareholder information Følgende anpartshaver er noteret i selskabets anpartsfortegnelse som ejende minimum 5% af stemmerne eller minimum 5% af anpartskapitalen: The following shareholder is recorded in the company's register of shareholders as sole proprietor of the share capital: DISA Holding A/S Højager 8 2630 Taastrup 337598782014-01-012014-12-31337598782013-01-012013-12-31337598782014-12-31337598782013-12-31337598782014-01-012014-12-31g:RetainedEarningsMember337598782013-01-012013-12-31g:RetainedEarningsMember337598782014-01-01g:ContributedCapitalMember337598782014-12-31g:ContributedCapitalMember337598782014-01-01g:RetainedEarningsMember337598782014-12-31g:RetainedEarningsMember337598782014-01-012014-12-311337598782014-01-012014-12-312337598782014-01-012014-12-311337598782014-01-012014-12-312337598782014-01-012014-12-313337598782014-01-012014-12-314337598782014-01-012014-12-311iso4217:DKK