431687702024-01-012024-12-31431687702024-01-012024-12-311431687702024-01-012024-12-311431687702024-12-31431687702023-12-31fsa:ContributedCapitalMember431687702023-12-31fsa:RetainedEarningsMember431687702023-12-31431687702024-01-012024-12-31fsa:RetainedEarningsMember431687702024-12-31fsa:ContributedCapitalMember431687702024-12-31fsa:RetainedEarningsMember431687702024-01-012024-12-31fsa:OtherShorttermPayablesMember431687702023-01-012023-12-31iso4217:DKKxbrli:pureThe Executive Board has today considered and approved the annual report of ExMon Software Denmark ApS for the financial year 01.01.2024 - 31.12.2024. 21874222635The annual report is presented in accordance with the Danish Financial Statements Act.4770321758088In my opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2024 and of the results of its operations for the financial year 01.01.2024 - 31.12.2024.13807411337I believe that the management commentary contains a fair review of the affairs and conditions referred to therein.-272097-2146790I consider the preconditions for not auditing the financial statements for the financial year 01.01.2024 - 31.12.2024 to be complied with.3972272447I recommend the annual report for adoption at the Annual General Meeting.2080091460Aarhus-82879-2145803Alexandra Jane Bosson-82879-2145803To Management of ExMon Software Denmark ApSWe have compiled the financial statements of ExMon Software Denmark ApS for the financial year 01.01.2024 - 31.12.2024 based on the Entity’s bookkeeping records and other information Management has provided. ​ ​These financial statements comprise the income statement, balance sheet, statement of changes in equity, notes and a summary of significant accounting policies. ​ ​We performed this compilation engagement in accordance with ISRS 4410, Compilation Engagements. ​ ​We have applied our expertise in accounting and financial reporting to assist Management in the preparation ​and presentation of these financial statements in accordance with the Danish Financial Statements Act. We have complied with relevant provisions of the Danish Public Accountants Act and the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code), including principles of integrity, objectivity, professional competence and due care. These financial statements and the accuracy and completeness of the information used to compile the financial ​statements are Management’s responsibility. Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy ​or completeness of the disclosures Management provided to us to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion about whether the financial statements ​have been prepared in accordance with the Danish Financial Statements Act. 010278Copenhagen7128174810Hans Tauby7128185088mne4433901State Authorised Public Accountant01Primary activitiesThe company's main activities are software development, development and sales, consulting and services within software, asset management, and related business. 99009900Development in activities and financesExmon Software Denmarks' loss in 2024 amounts to DKK 82,879 and an negative equity of DKK 2,532,638, which is as expected by management.99009900Events 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.8118194989This annual report has been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class B enterprises with addition of a few provisions for reporting class C.The accounting policies applied to these financial statements are consistent with those applied last year.106517498608Adjustments in comparative figuresCertain changes have been made to the presentation of comparative figures between other investment assets, completed development projects and aquired trademarks. These changes have no impact on the profit/loss for the year or the total equity, but are solely presentational changes between individual financial statement lines. 23945280Recognition 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.103628552Gross profit or lossGross profit or loss comprises revenue and external expenses.2502081527160RevenueRevenue 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.0106625Other external expensesOther external expenses include expenses relating to the Entity’s normal activities, including expenses for premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of receivables recognised in current assets.2502081633785Staff costsStaff costs comprise salaries and wages, and social security contributions, pension contributions, etc . for entity staff.2583262728774Depreciation, 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.4000040000Other financial incomeOther financial income comprises interest income, including interest income on receivables from group enterprises, net capital or exchange gains on securities, payables and transactions in foreign currencies.-2572638-2489759Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on payables to group enterprises, net capital or exchange losses on securities, payables and transactions in foreign currencies,.-2532638-2449759Intellectual property rights etc.Intellectual property rights etc. comprise development projects completed with related intellectual property rights.Development projects on clearly defined and identifiable products and processes, for which the technical rate of utilisation, adequate resources and a potential future market or development opportunity in the enterprise can be established, and where the intention is to manufacture, market or apply the product or process in question, are recognised as intangible assets. Other development costs are recognised as costs in the income statement as incurred. When recognising development projects as intangible assets, an amount equalling the costs incurred less deferred tax is taken to equity in the reserve for development costs that is reduced as the development projects are amortised and written down. ​ ​The cost of development projects comprises costs such as external expenses and amortisation that are directly and indirectly attributable to the development projects. ​ Completed development projects are amortised on a straight-line basis using their estimated useful lives which are determined based on a specific assessment of each development project. If the useful life cannot be estimated reliably, it is fixed at 10 years. For development projects protected by intellectual property rights, the maximum period of amortisation is the remaining duration of the relevant rights. The amortisation periods used are 3 years. 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 over the term of the agreement.​ ​Intellectual property rights etc. are written down to the lower of recoverable amount and carrying amount.17860Property, plant and equipmentOther 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. ​​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 Other fixtures and fittings, tools and equipment3-5 yearsEstimated 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.4000066194ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and doubtful debts.50726312789300CashCash comprises cash in hand and bank deposits.1483323039Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.51159003178533true511590031785332025-04-2225832627287742025-04-22400002true-24897592023-01-012023-12-31-8287933963556København S400002300-25726386Weidekampsgade1 Staff costs2024 DKK2023 DKKWages and salaries426,2591,605,785Pension costs45,955138,069Other social security costs4,81814,234477,0321,758,088Average number of full-time employees22Deloitte Statsautoriseret Revisionspartnerselskab2Aarhus2 Depreciation, amortisation and impairment losses2024 DKK2023 DKKDepreciation of property, plant and equipment13,80793,741Impairment losses on property, plant and equipment0317,59613,807411,337Aarhus C3 Other financial income 2024 DKK2023 DKKFinancial income from group enterprises35,6350Other interest income02,000Exchange rate adjustments361,592447397,2272,44780004 Other financial expenses2024 DKK2023 DKKOther interest expenses208,0091,460208,0091,460Regnskabsklasse B5 Intangible assetsCompleted development projects​DKKAcquired trademarks​DKKCost beginning of year14,50084,691Cost end of year14,50084,691Amortisation and impairment losses beginning of year(4,222)(9,881)Amortisation for the year(10,278)(3,529)Amortisation and impairment losses end of year(14,500)(13,410)Carrying amount end of year071,281Andre erklæringer uden sikkerhed6 Development projectsDevelopment projects comprise current costs for development of the software product Exmon. The costs comprise external costs for external consultants directly attributable to areas of the development projects that are expected to generate future earnings.2024-12-317 Property, plant and equipmentOther fixtures and fittings, tools and equipment DKKCost beginning of year403,982Cost end of year403,982Depreciation and impairment losses beginning of year(403,982)Depreciation and impairment losses end of year(403,982)Carrying amount end of year02024-01-018 Financial assetsDeposits DKKCost beginning of year9,900Cost end of year9,900Carrying amount end of year9,9009 Other payables2024 DKK2023 DKKWages and salaries, personal income taxes, social security costs, etc. payable1,483322,967Other costs payable0721,483323,03910 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement where TimeXtender Intressenter ApS serves as the administration company. 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 for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements.Mariane Thomsens Gade 4B, 3.ExMon Software Denmark ApS43168770339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapport2025-04-22Martin Henricson