272301992017-01-012017-12-31272301992017-01-012017-12-31Direktionsmedlem 01272301992017-01-012017-12-31Bestyrelsesmedlem 1272301992017-01-012017-12-31Bestyrelsesmedlem 2272301992017-01-012017-12-31Bestyrelsesmedlem 3272301992016-12-31272301992017-12-31272301992016-01-012016-12-31272301992017-12-31fsa:LeaseholdImprovementsMember272301992016-12-31fsa:LeaseholdImprovementsMember272301992017-01-012017-12-31fsa:LeaseholdImprovementsMember272301992016-01-012016-12-31fsa:LeaseholdImprovementsMember272301992016-12-31fsa:InvestmentsInGroupEnterprisesMember272301992016-01-012016-12-31fsa:InvestmentsInGroupEnterprisesMember272301992017-01-012017-12-31fsa:ProposedDividendRecognisedInEquityMember272301992017-01-012017-12-31fsa:RetainedEarningsMember272301992016-01-012016-12-31fsa:RetainedEarningsMember272301992017-01-012017-12-31fsa:RetainedEarningsMember272301992016-01-012016-12-31fsa:RetainedEarningsMember272301992017-01-012017-12-31fsa:ProposedDividendRecognisedInEquityMember272301992017-12-31fsa:ContributedCapitalMember272301992016-12-31fsa:ContributedCapitalMember272301992017-12-31fsa:ProposedDividendRecognisedInEquityMember272301992017-12-31fsa:RetainedEarningsMember272301992016-12-31fsa:RetainedEarningsMember272301992017-12-31Kapitalklasse 01272301992016-12-31fsa:LongtermInvestmentsAndReceivablesMember272301992017-12-31cmn:PreviousYearMemberfsa:ContributedCapitalMember272301992017-12-31cmn:FourYearsAgoMemberfsa:ContributedCapitalMember272301992017-01-012017-12-31cmn:FourYearsAgoMemberfsa:ContributedCapitalMember272301992017-12-31cmn:TwoYearsAgoMemberfsa:ContributedCapitalMember272301992017-12-31cmn:ThreeYearsAgoMemberfsa:ContributedCapitalMember272301992017-01-012017-12-31Revisionsvirksomhed 01272301992016-12-31fsa:DepositsLongtermInvestmentsAndReceivablesMember272301992017-01-012017-12-31Revisionsvirksomhed 01 - Revisor 01iso4217:DKKpuresharesMB IT Consulting A/S’ primary activity is to offer advice and consultancy within the IT- and software industry. Net income showed DKK 1,591 thousand, which is considered satisfactory. No events have occurred after the balance sheet date to this date which would influence the evaluation of this annual report. Morten BjerregaardThe Board of Directors and the Executive Board have today considered and approved the annual report of MB IT Consulting A/S for the financial year 01.01.2017 - 31.12.2017.The annual report is presented in accordance with the Danish Financial Statements Act. We recommend the annual report for adoption at the Annual General Meeting. We believe that the management commentary contains a fair review of the affairs and conditions referred to therein. Henrik PuggaardMorten BjerregaardMartin Christian KruhlChairman171133876116259186171338761162685585930113876116259257475898524243114112912072211077919326000214465246813278525231853782339389293038162000820001143631729971567808095611169281624201256722583732055069-13187242100157-13193922977460193541378857This annual report has been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class B enterprises with addition of certain provisions for reporting class C, with a few reclassifications though.Assets 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. Other fixtures and fittings, tools, equipment and leasehold improvements are measured at cost less accumulated depreciation and impairment losses. 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. 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: Other fixtures and fittings, tools, equipment and leasehold improvements 5 years Estimated useful lives and residual values are reassessed annually. Items of plant and equipment are written down to the lower of recoverable amount and carrying amount. Receivables are measured at amortised cost, usually equalling nominal value less write-downs for bad and doubtful debts. Deferred tax is recognised on all temporary differences between the carrying amount and tax-based value of assets and liabilities, for which the tax-based value of assets is calculated based on the planned use of each asset. 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. Current tax payable or receivable is recognised in the balance sheet, stated as tax calculated on this year's taxable income, adjusted for prepaid tax. Cash comprises bank deposits. 0415835-4158350-33993733993700Other financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Revenue 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 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. Other financial income comprises dividends etc received on other investments, interest income, including interest income on receivables from group enterprises, net capital 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 expenses comprise interest expenses, including interest expenses on payables to group enterprises, net capital losses on securities, payables and transactions in foreign currencies, amortisation of financial liabilities as well as tax surcharge under the Danish Tax Prepayment Scheme etc. Tax 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 Entity is jointly taxed with all Danish subsidiaries. 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). Staff costs comprise salaries and wages as well as social security contributions, pension contributions, etc for entity staff. Amortisation, depreciation and impairment losses relating to property, plant and equipment comprise amortisation, depreciation and impairment losses for the financial year, calculated on the basis of the residual values and useful lives of the individual assets and impairment testing as well as gains and losses from the sale of property, plant and equipment. -42502269500240000-2870000221446524681327230199MB IT Consulting A/SSkanderborg2018-05-14Morten BjerregaardIn our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2017 and of the results of its operations for the financial year 01.01.2017 - 31.12.2017.2018-05-14SkanderborgGross profit or loss comprises revenue, changes in inventories of finished goods and work in progress, own work capitalised, other operating income, cost of raw materials and consumables and external expenses. The Company participates in a Danish joint taxation arrangement in which M. Bjerregaard Holding ApS serves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Company is therefore liable from 1 July 2012 for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed companies. 33963556Deloitte Statsautoriseret RevisionspartnerselskabCity Tower, Værkmestergade 8000 Aarhus C75898387611626855851090864-499793695000695000144872-1194793250992278525231853781590657-10323923549858-4250227239509500-2870002509921339665-10323921590657-10323921339665-1032392250992695000695000250992144872-1194793Ordinary shares695695000Dividend is recognised as a liability at the time of adoption at the general meeting. The proposed dividend for the financial year is disclosed as a separate item in equity. 326000326000Årsrapport75898Regnskabsklasse B69500062500070000Aarhus2018-05-14695000695000695000Adelgade618660SkanderborgCity Tower, Værkmestergade28000Aarhus CTo the shareholders of MB IT Consulting A/SWe have performed an extended review of the financial statements of MB IT Consulting A/S for the financial year 01.01.2017 - 31.12.2017. The financial statements, which comprise the income statement, balance sheet, statement of changes in equity, notes and accounting policies, are prepared in accordance with the Danish Financial Statements Act. Management is responsible for the preparation of 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 financial statements that are free from material misstatement, whether due to fraud or error. Our responsibility is to express an opinion on the financial statements. We conducted our extended review in accordance with the assurance engagement standard for small enterprises as issued by the Danish Business Authority and the standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act as issued by FSR - Danish Auditors. This requires that we comply with the Danish Public Accountants Act and FSR – Danish Auditors’ Code of Conduct and plan and perform procedures to obtain limited assurance about our opinion on the financial statements and that we perform specifically required supplementary procedures for the purpose of obtaining additional assurance about our opinion. An extended review consists of making inquiries, primarily of management and, if appropriate, of other entity personnel, performing analytical procedures and specifically required supplementary procedures as well as evaluating the evidence obtained. The procedures performed in an extended review are less in scope than in an audit, and accordingly we do not express an audit opinion on the financial statements.Based on our extended review, in our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2017 and of the results of its operations for the financial year 01.01.2017 - 31.12.2017 in accordance with the Danish Financial Statements Act. Management is responsible for the management commentary. Our opinion on the financial statements does not cover the management commentary, and we do not express any form of assurance conclusion thereon. In connection with our extended review of the financial statements, our responsibility is to read the management commentary and, in doing so, consider whether the management commentary is materially inconsistent with the financial statements or our knowledge obtained in the extended review or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether the management commentary provides the information required under the Danish Financial Statements Act. Based on the work we have performed, we conclude that the management commentary 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 commentary. 695695000On 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 one 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. Other operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary activities, including rental income and gains from the sale of intangible assets and property, plant and equipment. 17113Erklæring om udvidet gennemgang2695001590657-103239289079717113The accounting policies applied for these financial statements are consistent with those applied last year, with a few classifications though. State Authorised Public AccountantKlaus Tvede-Jensen89 41 41 412017-01-012017-12-312016-12-312016-01-01mne2330433963556Deloitte Statsautoriseret Revisionspartnerselskab