35399968 2017-01-01 2017-12-31 35399968 2017-01-01 2017-12-31 1 35399968 2017-01-01 2017-12-31 0 35399968 2017-01-01 2017-12-31 1 35399968 2017-01-01 2017-12-31 2 35399968 2016-01-01 2016-12-31 35399968 2017-01-01 2017-12-31 fsa:RetainedEarningsMember 35399968 2016-01-01 2016-12-31 fsa:RetainedEarningsMember 35399968 2017-12-31 35399968 2016-12-31 iso4217:DKK Annual report 2018-05-25 Lee Mackenzie Fischer 01 VENTURES HOLDING ApS Kenny Drews Vej 101, 3 3 2450 København SV 35399968 2017-01-01 2017-12-31 KPMG P/S Dampfærgevej 28 2100 København Ø DK Denmark 25578198 1018974173 <p xmlns="http://www.w3.org/1999/xhtml">The Management has today discussed and approved the annual report for the annual report for the financial <br/>year 1. January 2017 – 31. December 2017 of 01 VENTURES HOLDING ApS. The annual report has been presented in <br/>accordance with the Danish Financial Statements Act.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/>It is our opinion that the financial statements give a true and fair view of the Company's financial position at <br/>31 December 2017 and of the results of the Company's operations for the financial year 1. January 2017 – 31. December 2017</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/>We recommend that the annual report be approved at the annual general meeting.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> Copenhagen 2018-05-25 Michael Stenbæk Schmidt Lee Mackenzie Fischer Management confirms that the company fulfils the requirements to be exempt of audit. Auditor's reports To the management of 01 VENTURES HOLDING ApS We have prepared the annual report of 1 VENTURES HOLDING ApS for the income year 1. January to 31. December 2017 based on the Company's bookkeeping and additional information that you have provided. The annual report comprises accounting practice, profit/loss, balance sheet and notes. We performed our work in accordance with ISRS 4410 Engagements to Compile Financial Information. We applied our professional expertise in order to assist you in preparing and presenting the annual report in accordance with the Danish Financial Statement Act. We complied with relevant provisions of the Danish Auditors Act and FSR – Danish Auditors' ethical rules, including principles regarding integrity, objectivity, professional competence and due care. The annual and the accuracy and completeness of the information applied when preparing the annual report are your responsibility. As an engagement to compile financial information is not an assurance engagement, we are not required to verify the accuracy or completeness of the information you have provided to us for the purpose of our preparation of the annual report. Consequently, we do not express any opinion as to whether the annual report has been prepared in accordance with Danish Financial Statement Act. Copenhagen 2018-05-25 Morten Høgh-Petersen mne34283 State Authorised Public Accountant KPMG P/S 25578198 The annual report has been prepared in accordance with the regulation applying to Reporting class B. Reporting class B <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size:18px"> <strong>General</strong> </span> </p> <p xmlns="http://www.w3.org/1999/xhtml">The annual report of  01 VENTURES HOLDING ApS for 2017 has been prepared in accordance with the provisions applying to reporting class B entities under the Danish Financial Statements Act.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml">As from 1 January 2016, the Company has implemented Act no. 738 of 1 June 2015.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size:18px"> <strong>Income statement</strong> </span> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Gross profit</strong> </p> <p xmlns="http://www.w3.org/1999/xhtml">With reference to section 32 of the Danish Financial Statements Act, revenue has not been disclosed in the Annual Report.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Revenue</strong> </p> <p xmlns="http://www.w3.org/1999/xhtml">Income from the sale of services is recognised in the income statement provided that delivery and transfer of risk to the buyer have taken place, the income may be reliably measured and is expected to be received.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml">Revenue is measured at fair value of the agreed remuneration excluding VAT and taxes charged on behalf of third parties. All forms of discounts granted are deducted from revenue.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Other operating costs</strong> </p> <p xmlns="http://www.w3.org/1999/xhtml">Other operating costs comprise items secondary to the Company's activities, including loss on the sale of intangible assets and property, plant and equipment.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Financial income and expenses</strong> </p> <p xmlns="http://www.w3.org/1999/xhtml">Financial income and expenses are recognised in the income statement at the amounts relating to the financial year. Financial items comprise interest income and interest expense.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml">Dividends from investments in subsidiaries are recognised in the income statement in the year when the dividends are declared.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Tax on profit/loss for the year</strong> </p> <p xmlns="http://www.w3.org/1999/xhtml">The Company is comprised by the Danish rules on compulsory joint taxation of the Group's Danish companies. The Company serves as the administrative company for the joint taxation and consequently settles all payments of corporation tax with the tax authorities. Current Danish corporation tax is allocated by the settlement of joint taxation contributions between the jointly taxed enterprises in proportion to their taxable income. In relation thereto, enterprises with tax losses receive joint taxation contributions from enterprises, which have been able to use this loss to reduce their tax loss.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml">Tax for the year comprises current tax and changes in deferred tax, including changes in tax rates. The tax expense relating to the profit/loss for the year is recognised in the income statement at the amount attributable to the profit/loss for the year and directly in equity at the amount attributable to entries directly in equity.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <span style="font-size:18px"> <strong>Balance sheet</strong> </span> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Investments</strong> </p> <p xmlns="http://www.w3.org/1999/xhtml">Equity investments in group entities and associates are measured at cost. In case of indication of impairment, an impairment test is conducted. When the cost exceeds the recoverable amount, write-down is made to this lower value.</p> <p xmlns="http://www.w3.org/1999/xhtml">Other receivables and deposits are recognised at amortised cost.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Equity</strong> </p> <p xmlns="http://www.w3.org/1999/xhtml">Dividends</p> <p xmlns="http://www.w3.org/1999/xhtml">Proposed dividends are recognised as a liability at the date when they are adopted at the annual general meeting (declaration date). The expected dividend payment for the year is disclosed as a separate item under equity.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> 100 -3312 100 -3312 100 -3312 100 -3312 100 -3312 100 0 100 0 100 0 80000 80000 -79900 -80000 100 0 100 0 <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Main activities</strong> </p> <p xmlns="http://www.w3.org/1999/xhtml">The main purpose of the company is to invest in other companies</p> <h3 xmlns="http://www.w3.org/1999/xhtml">Ownership</h3> <p xmlns="http://www.w3.org/1999/xhtml"> <br/>The company has registered the following shareholders holding more than 5% of the voting rights or nominal value:</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <p xmlns="http://www.w3.org/1999/xhtml">STONEYBROOK ApS, Kenny Drews Vej 101, 3. 3., 2450 København SV.</p> <p xmlns="http://www.w3.org/1999/xhtml">Lee Mackenzie Fischer, Lærkebækvej 15, 3670 Veksø Sjælland.</p> <h3 xmlns="http://www.w3.org/1999/xhtml"> </h3> false false false false true 2016-01-01 2016-12-31 Auditor's reports (Other non-assurance reports) Ines Vårlid Dampfærgevej 28 2100 København Ø