31269741 2017-01-01 2017-12-31 31269741 2016-01-01 2016-12-31 31269741 2017-12-31 31269741 2016-12-31 31269741 2017-01-01 2017-12-31 0 31269741 2017-01-01 2017-12-31 1 31269741 2017-01-01 2017-12-31 2 31269741 2017-01-01 2017-12-31 3 31269741 2017-01-01 2017-12-31 4 31269741 2017-01-01 2017-12-31 fsa:RetainedEarningsMember 31269741 2016-01-01 2016-12-31 fsa:RetainedEarningsMember iso4217:DKK shares pure 2018-06-08 Martiena Pietersen København 2018-06-08 Ingen bistand Regnskabsklasse B false false false false false false false false false Årsrapport 31269741 Scanditrade K/S Stamholmen 153, 2. tv. 2650 Hvidovre 2017-01-01 2017-12-31 2016-01-01 2016-12-31 Kvist Revision,Godkendt Revisionsanpartsselskab Stamholmen 153 2650 Hvidovre The Annual Report has been prepared in conformity with the Financial Statements Act. The unaudited Annual Report has been prepared in conformity with the Financial Statements Act. The Executive Board considers the conditions for not performing an audit to have been met. Opting out of auditThe annual report has not been audited. The Executive Board considers the conditions for opting out of audit to have been met. In my opinion, the financial statements give a true and fair view of the Company's assets, equity, liabilities and financial position at 31. december 2017 and of its financial performance for the period 1. januar - 31. december 2017. In my opinion the Management commentary includes a fair review of the matters described. We recommend that the Annual Report be approved by the Annual General Meeting. As in previous years, the principal activities of the Company were ... The Company has continued its operations. No significant one-off events occurred in the financial year that need to be included in the management commentary.The performance and results for the year are considered satisfactory. No events have occurred after the reporting date that may materially affect the financial position of the company. GENERAL INFORMATIONThe financial statements of Scanditrade K/S for the financial year 2017 have been prepared in conformity with the provisions of the Financial Statements Act on class B enterprises. The accounting policies applied in the financial statements are consistent with those of the previous year. The reporting currency is Danish kroner. Recognition and measurement in general The financial statements have been prepared under the historical cost convention. Income is recognised in the income statement when earned. Value adjustments of financial assets and liabilities measured at fair value or amortised cost are also recognised in the income statement. Costs incurred to generate the earnings for the year are also recognised in the income statement, including amortisation, depreciation, impairment losses and provisions as well as reversals resulting from changed accounting estimates of amounts previously recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future financial benefits will flow to the Company and it is possible to obtain a reliable measurement of the individual assets. Liabilities are recognised in the balance sheet when it is probable that future financial benefits will flow from the Company and it is possible to obtain a reliable measurement of the individual liabilities. On initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each item. Certain financial assets and liabilities are measured at amortised cost, whereby a constant effective interest rate is recognised over the life of the individual asset or liability. Amortised cost is determined as original cost less any repayments and with the addition/deduction of the accumulated amortisation of the difference between cost and nominal amount. Anticipated losses and risks arising before the presentation of the financial statements and confirming or disconfirming facts and circumstances known at the reporting date are taken into consideration at recognition and measurement. The functional currency used is Danish kroner. All other currencies are considered foreign currencies. INCOME STATEMENT General informationCertain income and expenses have been aggregated in the item designated 'Gross profit' with reference to section 32 of the Financial Statements Act.Gross profitGross profit is a combination of the items of 'Revenue', 'Change in inventories of finished goods, work in progress and goods for resale', 'Other operating income', 'Cost of raw materials and consumables' and 'Other external costs'. Administrative expenses Administrative expenses include expenses for Management and administrative staff, office expenses, amortisation and depreciation, etc. BALANCE SHEET ReceivablesReceivables are measured at amortised cost, which normally corresponds to the nominal value. The value is reduced by an allowance for expected impairment losses. Impairment of accounts receivable past due is established on individual assessment of receivables. Payables Financial liabilities are recognised initially at the proceeds received net of transaction expenses incurred. In subsequent periods, financial liabilities are measured at amortised cost, corresponding to the capitalised value using the effective interest method, so that the difference between proceeds and nominal value is recognised in the income statement over the life of the financial instrument(s). Other payables, comprising trade payables and amounts owed to Group enterprises and associates and other accounts payable, are measured at amortised cost, which normally corresponds to the nominal value. 261051 13680 247371 247371 1 Equity Contributed capital 10.000 010.000 Retained earnings -282.954 247.371-35.583 -272.954 247.371-25.583 82000 12000 70000 70000 1237524 1237524 54658 1292182 1292182 10000 -35583 -25583 1317765 1317765 1317765 1292182 2308000 2308000 308000 2616000 2616000 10000 -282000 -272000 2888000 2888000 2888000 2616000 Martiena Louisa Pietersen Formand Næstformand Medarbejdervalgt 247371 70000