24242005 2024-04-01 2025-03-31 24242005 2024-04-01 2025-03-31 1 24242005 2024-04-01 2025-03-31 1 24242005 2024-04-01 2025-03-31 2 24242005 2024-04-01 2025-03-31 3 24242005 2024-04-01 2025-03-31 1 24242005 2023-04-01 2024-03-31 24242005 2025-03-31 24242005 2024-03-31 24242005 2024-03-31 fsa:ContributedCapitalMember 24242005 2024-03-31 fsa:RetainedEarningsMember 24242005 2024-04-01 2025-03-31 fsa:RetainedEarningsMember 24242005 2025-03-31 fsa:ContributedCapitalMember 24242005 2025-03-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Annual report 2025-09-30 Jeffrey Chiumiento The Board of Directors and the Executive Board have today considered and approved the annual report of CareCom A/S for the financial year 01.04.2024 - 31.03.2025. The annual report is presented in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.03.2025and of the results of its operations for the financial year 01.04.2024 - 31.03.2025. We believe that the management commentary contains a fair review of the affairs and conditions referred to therein. We recommend the annual report for adoption at the Annual General Meeting. Boston, Massachusetts Sagnik Bhattacharya Merritt Dattel Mc Gowan Jeffrey Chiumiento Sagnik Bhattacharya To the shareholders of CareCom A/S We have performed an extended review of the financial statements of CareCom A/S for the ​financial year 01.04.2024 - 31.03.2025, which comprise the income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act. ​​​Based on our extended review, in our opinion, the financial statements give a true and fair view of the Entity’s ​​financial position at. 31.03.2025 and of the results of its operations for the financial year 01.04.2024 - 31.03.2025in accordance with the Danish Financial Statements Act. 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. Our responsibilities under those standards and requirements are further described in the ”Auditor’s responsibilities for the extended review of the financial statements” section. We are independent of the Entity in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion. 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.​​In preparing the financial statements, Management is responsible for assessing the Entity’s ability to continue ​as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless Management either intends to liquidate the Entity or to cease operations, or has no realistic alternative but to do so. Our responsibility is to express a conclusion on the financial statements. This requires that we plan and ​perform procedures to obtain limited assurance about our conclusion on the financial statements and that ​we also perform specifically required supplementary procedures for the purpose of obtaining additional assurance about our conclusion.​​​An extended review consists of making inquiries, primarily of management and, if appropriate, of other entity ​personnel, performing analytical and the 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. Management is responsible for the management commentary. ​​Our conclusion 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 by relevant law and regulations.Based on the work we have performed, we conclude that the management commentary is in accordance with ​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. Copenhagen Deloitte Statsautoriseret Revisionspartnerselskab 33963556 Claus Jorch Andersen State Authorised Public Accountant mne33712 Primary activitiesThe Company's activity consists of development, marketing and sale of software within Healthcare. ​​Loss for the year amounts to DKK (12,136) thousand. This has led to a deficit in ending equity of (21,994) thousand.​As a result of the losses incurred during the year, the Company realized negative EBITDA of DKK (7,802) thousand.​​Sales ​In 2024/25 we continued to focus on sales worldwide. After the July 2022 acquisition of the CareCom group, efforts were made to sell CareCom products to the existing multi-national install base of the InterOperability Bidco, Inc. group. The Company expects to continue these efforts into the next fiscal year and beyond. ​​Expectations for 2025/26 ​For 2025/26, management expects a decrease in revenues and expects to incur further losses. The Company's parent has provided a guarantee of financial support to cover its liabilities .​​The Company’s equity is lost at 31st of March 2025 but will be reestablished either by a cash capital increase or a debt conversion. ​​The company has obtained a letter of support from its parent company. 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. 2346482 1642468 10148258 11474425 2749000 16756000 -10550776 -26587957 15313 814629 1600458 176649 -12135921 -25949977 0 -359898 -12135921 -25590079 -12135921 -25590079 -12135921 -25590079 2251000 5000000 2251000 5000000 0 0 0 0 390000 455392 390000 455392 2641000 5455392 2156682 3107925 888595 278429 3511 48879 3048788 3435233 3374054 3052716 6422842 6487949 9063842 11943341 500000 500000 -22493702 -10357781 -21993702 -9857781 2223670 638862 25135129 17373772 799614 1325958 2899131 2462530 31057544 21801122 31057544 21801122 9063842 11943341 500000 -10357781 -9857781 -12135921 -12135921 500000 -22493702 -21993702 The Company’s equity is lost at 31th of March 2025 but will be reestablished either by a cash capital increase or a debt conversion. ​​The company has obtained a letter of support from its parent company. 1 Staff costs2024/25​DKK2023/24​DKKWages and salaries9,440,89910,503,698Pension costs632,197964,679Other social security costs75,1626,04810,148,25811,474,425Average number of full-time employees1014 10 14 2 Other financial income ​2024/25​DKK2023/24​DKKFinancial income from group enterprises0800,000Other interest income15,31314,62915,313814,629 3 Other financial expenses2024/25​DKK2023/24​DKKFinancial expenses from group enterprises1,547,2280Other interest expenses53,230176,6491,600,458176,649 4 Tax on profit/loss for the year2024/25​DKK2023/24​DKKAdjustment concerning previous years0(359,898)0(359,898) 5 Intangible assetsCompleted development projects​DKKCost beginning of year21,756,000Cost end of year21,756,000Amortisation and impairment losses beginning of year(16,756,000)Impairment losses for the year(2,749,000)Amortisation and impairment losses end of year(19,505,000)Carrying amount end of year2,251,000 6 Development projectsNo new development projects have been initiated during the financial year. 7 Property, plant and equipmentOther fixtures and fittings, tools and equipment​DKKCost beginning of year604,353Cost end of year604,353Depreciation and impairment losses beginning of year(604,353)Depreciation and impairment losses end of year(604,353)Carrying amount end of year0 8 Financial assetsOther​receivables​DKKCost beginning of year455,392Disposals(65,392)Cost end of year390,000Carrying amount end of year390,000 9 Unrecognised rental and lease commitments2024/25​DKK2023/24​DKKLiabilities under rental or lease agreements until maturity in total02,054,000 This 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. 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. Gross profit or lossGross profit or loss comprises revenue, other operating income and 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 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 writedowns of ​receivables recognised in current assets. Staff costsStaff costs comprise salaries and wages, 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, and gains and ​losses from the sale of intangible assets and property, plant and equipment. Other financial incomeOther financial income comprises interest income, including interest income on receivables from group enterprises and transactions in foreign currencies. Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on payables to group ​enterprises and transactions in foreign currencies. 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 Entity is jointly taxed with all 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.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 under 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 salaries 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. ​ ​Intellectual property rights etc. are written down to the lower of recoverable amount and carrying amount. Property, 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. ReceivablesReceivables are measured at amortised cost, usually equalling nominal value, less writedowns for bad and ​doubtful debts. PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at ​cost. CashCash comprises cash in hand and bank deposits. 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. true Grundlag for konklusion Konklusion 2025-09-30 2025-09-30 true 2023-04-01 2024-03-31 København S 2300 6 Weidekampsgade København København Ø 2100 Regnskabsklasse B Erklæring om udvidet gennemgang 2025-03-31 2024-04-01 123 Østbanegade CareCom A/S 24242005 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab