27051189 2022-01-01 2022-12-31 27051189 2021-01-01 2021-12-31 27051189 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 27051189 2021-01-01 2021-12-31 fsa:RetainedEarningsMember 27051189 2022-12-31 27051189 2021-12-31 27051189 2022-01-01 2022-12-31 0 27051189 2022-01-01 2022-12-31 1 iso4217:DKK xbrli:pure 2022-01-01 2022-12-31 200000 137569 65947 -3516 -1588 -5104 8294 -13398 <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td width="14%" colspan="1" align="center" valign="middle" ><b>Sindak ApS</b></td><td width="17%" colspan="1" align="center" valign="middle" ><b></b></td><td width="4%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b></b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b></b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b></b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="20%" colspan="1" align="center" valign="middle" ><b></b></td></tr><tr><td colspan="10"></td></tr><tr><td width="14%" colspan="1" align="center" valign="middle" ><b>Equity Statement</b></td><td width="17%" colspan="1" align="center" valign="middle" ><b></b></td><td width="4%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b></b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b></b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b></b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="20%" colspan="1" align="center" valign="middle" ><b></b></td></tr><tr><td colspan="10"></td></tr><tr><td width="14%" ></td><td width="17%" ></td><td width="4%" ></td><td width="14%" ></td><td width="1%" ></td><td width="14%" colspan="1" align="center" valign="middle" ><b>Retained</b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b>Proposed</b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="20%" colspan="1" align="center" valign="middle" ><b></b></td></tr><tr><td width="14%" ></td><td width="17%" ></td><td width="4%" ></td><td width="14%" colspan="1" align="center" valign="middle" ><b>Share capital</b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b>earnings</b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b>dividend</b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="20%" colspan="1" align="center" valign="middle" ><b>Total</b></td></tr><tr><td colspan="10"></td></tr><tr><td width="35%" colspan="3" align="left" valign="middle" >Equity 1. januar 2021</td><td width="14%" align="right" valign="middle" >125.000</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >243.093</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="20%" align="right" valign="middle" >368.093</td></tr><tr><td width="35%" colspan="3" align="left" valign="middle" >Dividends paid</td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="20%" align="right" valign="middle" >0</td></tr><tr><td width="35%" colspan="3" align="left" valign="middle" >Profit of the year</td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >-76.545</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="20%" align="right" valign="middle" >-76.545</td></tr><tr><td colspan="10"></td></tr><tr><td width="35%" colspan="3" align="left" valign="middle" ><b>Equity 31. december 2021</b></td><td width="14%" align="right" valign="middle" ><b>125.000</b></td><td width="1%" ></td><td width="14%" align="right" valign="middle" ><b>166.548</b></td><td width="1%" ></td><td width="14%" align="right" valign="middle" ><b>0</b></td><td width="1%" ></td><td width="20%" align="right" valign="middle" ><b>291.548</b></td></tr><tr><td colspan="10"></td></tr><tr><td width="35%" colspan="3" align="left" valign="middle" >Equity 1. januar 2022</td><td width="14%" align="right" valign="middle" >125.000</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >166.548</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="20%" align="right" valign="middle" >291.548</td></tr><tr><td width="35%" colspan="3" align="left" valign="middle" >Dividends paid</td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="20%" align="right" valign="middle" >0</td></tr><tr><td width="35%" colspan="3" align="left" valign="middle" >Profit of the year</td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >-13.398</td><td width="1%" ></td><td width="14%" align="right" valign="middle" >0</td><td width="1%" ></td><td width="20%" align="right" valign="middle" >-13.398</td></tr><tr><td colspan="10"></td></tr><tr><td width="35%" colspan="3" align="left" valign="middle" ><b>Equity 31. december 2022</b></td><td width="14%" align="right" valign="middle" ><b>125.000</b></td><td width="1%" ></td><td width="14%" align="right" valign="middle" ><b>153.150</b></td><td width="1%" ></td><td width="14%" align="right" valign="middle" ><b>0</b></td><td width="1%" ></td><td width="20%" align="right" valign="middle" ><b>278.150</b></td></tr><tr><td colspan="10"></td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td width="5%" colspan="1" align="center" valign="middle" ><b>Sindak ApS</b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b></b></td><td width="17%" colspan="1" align="center" valign="middle" ><b></b></td><td width="3%" colspan="1" align="center" valign="middle" ><b></b></td><td width="17%" colspan="1" align="center" valign="middle" ><b></b></td><td width="3%" colspan="1" align="center" valign="middle" ><b></b></td><td width="17%" colspan="1" align="center" valign="middle" ><b></b></td><td width="3%" colspan="1" align="center" valign="middle" ><b></b></td><td width="20%" colspan="1" align="center" valign="middle" ><b></b></td></tr><tr><td colspan="10"></td></tr><tr><td width="5%" colspan="1" align="center" valign="middle" ><b>Notes to the annual accounts</b></td><td width="1%" colspan="1" align="center" valign="middle" ><b></b></td><td width="14%" colspan="1" align="center" valign="middle" ><b></b></td><td width="17%" colspan="1" align="center" valign="middle" ><b></b></td><td width="3%" colspan="1" align="center" valign="middle" ><b></b></td><td width="17%" colspan="1" align="center" valign="middle" ><b></b></td><td width="3%" colspan="1" align="center" valign="middle" ><b></b></td><td width="17%" colspan="1" align="center" valign="middle" ><b></b></td><td width="3%" colspan="1" align="center" valign="middle" ><b></b></td><td width="20%" colspan="1" align="center" valign="middle" ><b></b></td></tr><tr><td colspan="10"></td></tr><tr><td width="5%" ></td><td width="1%" ></td><td width="14%" ></td><td width="17%" ></td><td width="3%" ></td><td width="17%" ></td><td width="3%" ></td><td width="17%" align="center" valign="middle" >2022</td><td width="3%" ></td><td width="20%" align="center" valign="middle" >2021</td></tr><tr><td colspan="10"></td></tr><tr><td width="5%" ></td><td width="1%" ></td><td width="94%" colspan="8" align="left" valign="middle" ><b>Tax expense on ordinary activities</b></td></tr><tr><td colspan="10"></td></tr><tr><td width="5%" ></td><td width="1%" ></td><td width="54%" colspan="5" align="left" valign="middle" >Tax on the taxable income for the period</td><td width="17%" align="right" valign="middle" >8.294</td><td width="3%" ></td><td width="20%" align="right" valign="middle" >0</td></tr><tr><td width="5%" ></td><td width="1%" ></td><td width="54%" colspan="5" align="left" valign="middle" >Tax previous years</td><td width="17%" align="right" valign="middle" >0</td><td width="3%" ></td><td width="20%" align="right" valign="middle" >0</td></tr><tr><td colspan="10"></td></tr><tr><td width="5%" ></td><td width="1%" ></td><td width="14%" ></td><td width="17%" ></td><td width="3%" ></td><td width="17%" ></td><td width="3%" ></td><td width="17%" align="right" valign="middle" ><b>8.294</b></td><td width="3%" ></td><td width="20%" align="right" valign="middle" ><b>0</b></td></tr><tr><td colspan="10"></td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td width="100%" colspan="8" align="left" valign="middle" ><b>Land and buildings</b></td></tr><tr><td colspan="8"></td></tr><tr><td width="57%" colspan="5" align="left" valign="middle" >Purchase price, beginning of year</td><td width="18%" align="right" valign="middle" >3.126.850</td><td width="3%" ></td><td width="22%" align="right" valign="middle" >3.126.850</td></tr><tr><td width="57%" colspan="5" align="left" valign="middle" >Additions for the year</td><td width="18%" align="right" valign="middle" >170.500</td><td width="3%" ></td><td width="22%" align="right" valign="middle" >0</td></tr><tr><td colspan="8"></td></tr><tr><td width="57%" colspan="5" align="left" valign="middle" >Purchase price, end of year</td><td width="18%" align="right" valign="middle" >3.297.350</td><td width="3%" ></td><td width="22%" align="right" valign="middle" >3.126.850</td></tr><tr><td colspan="8"></td></tr><tr><td width="57%" colspan="5" align="left" valign="middle" >Depriciation, beginning of the year</td><td width="18%" align="right" valign="middle" >591.907</td><td width="3%" ></td><td width="22%" align="right" valign="middle" >529.370</td></tr><tr><td width="57%" colspan="5" align="left" valign="middle" >Depreciations for the year</td><td width="18%" align="right" valign="middle" >65.947</td><td width="3%" ></td><td width="22%" align="right" valign="middle" >62.537</td></tr><tr><td colspan="8"></td></tr><tr><td width="57%" colspan="5" align="left" valign="middle" >Depreciation, end of year</td><td width="18%" align="right" valign="middle" >657.854</td><td width="3%" ></td><td width="22%" align="right" valign="middle" >591.907</td></tr><tr><td colspan="8"></td></tr><tr><td width="57%" colspan="5" align="left" valign="middle" ><b>Note book value, end of year</b></td><td width="18%" align="right" valign="middle" ><b>2.639.496</b></td><td width="3%" ></td><td width="22%" align="right" valign="middle" ><b>2.534.943</b></td></tr><tr><td colspan="8"></td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td width="100%" colspan="1" align="left" valign="middle" ><b>Collaterals</b></td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >A company charge of a norminal value of DK 300.000 on the Company's unsecured claims, inventories ad property, plant and equipment has been put up as security for the company's payables to credit institutions</td></tr><tr><td colspan="1"></td></tr></table> 27051189 2023-03-13 Marco Dalla Ragione Sindak ApS c/o Caffé River Scandinavia ApS Skudehavnsvej 36 B 2150 Nordhavn <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Management’s Review</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Description of significant activities of entity</td></tr><tr><td colspan="1">The Company´s objective is proprietary company.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Significant changes in the company’s activities and financial affairs</td></tr><tr><td colspan="1">There has been no significant changes in the activities and financial position during the financial year.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Management’s Statement on the Annual Report</td></tr><tr><td colspan="1">The Board of Directors and the Executive Board have today discussed and approved the Annual Report 2022 of Sindak ApS.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">The Annual Report was prepared in accordance with the Danish Financial Statements Act.</td></tr><tr><td colspan="1">In our opinion, the Annual Report gives a true and fair view of the Company’s financial position at 31 December 2022 and the results of operations for the financial year 1 January - 31 December 2022 of the Company.</td></tr><tr><td colspan="1">In our opinion, the Management’s review includes a fair review of the matters discussed in the Management review.</td></tr><tr><td colspan="1">The Management considers the conditions for opting out of auditing to be met.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">We recommend that the Annual Report be approved at the annual general meeting.</td></tr></table> Copenhagen 2023-03-13 <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Accounting Policies</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Revenue</td></tr><tr><td colspan="1">Income from the rendering of services is recognised as revenue as the services are rendered, implying that revenue corresponds to the market value of the services rendered in the year (percentage-of-completion method). Revenue is measured at fair value of the agreed consideration exclusive of VAT and taxes charged on behalf of third parties. All discounts and rebates granted are recognised in revenue.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Other external expenses</td></tr><tr><td colspan="1">Other external expenses include the year´s expenses relating to the entity´s core activities, including expenses relating to distribution, sale, advertising, administration, premises, bad debts, payments under operating leases, etc.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Financial income and expenses</td></tr><tr><td colspan="1">Financial income and expenses are recognised in the income statement with the amounts relating to the financial year. Financial income and expenses comprise interest income and expenses, realised and unrealised exchange gains and losses concerning debt and transactions in foreign currencies as well as extra payments and repayment under the on-account taxation scheme.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Corporation tax</td></tr><tr><td colspan="1">Tax for the year includes current tax on the year´s expected taxable income and the year´s deferred tax adjustments. The portion of the tax for the year that relates to the profit/loss for the year is recognised in the income statement, whereas the portion that relates to transactions taken to equity is recognised in equity.</td></tr><tr><td colspan="1">The entity and its Danish group entities are taxed on a joint basis. The Danish income tax charge is allocated between profit-making and loss-making Danish entities in proportion to their taxable income (full allocation method).</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Balance Sheet</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="3">Property, plant and equipment</td></tr><tr><td colspan="3">Buildings are measured at cost less accumulated depreciation and amortization.</td></tr><tr><td colspan="3">Depreciation is based on cost reduced by any expected residual value after the period of use.</td></tr><tr><td colspan="3">Cost comprises the cost of acquisition and expenses directly related to the acquisition up until the time when the asset is ready for use.</td></tr><tr><td colspan="3">Depreciation is calculated on a straight-line basis over the expected useful lives of the assets, which are</td></tr><tr><td>Buildings</td><td>50,0</td><td>Years Scrap Value 2.500.000</td></tr><tr><td colspan="3">Gains or losses on sale of property, plant and equipment are calculated as the difference between the sales price less sales expenses and the carrying amount at the time of the sale. Gains or losses are recognised in depreciation in the income statement.</td></tr><tr><td colspan="3">Cash at bank and in hand</td></tr><tr><td colspan="3">Cash at bank and in hand comprise cash and bank balances.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Receivables</td></tr><tr><td colspan="1">Receivables are measured at amortised cost, which usually corresponds to the nominal value. Provisions are made for bad debts because of objective evidence that a receivable or a group of receivables are impaired. Write-downs are made to the lower of the net realisable value and the carrying amount. Investments comprise rent deposits, which is measured at cost.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Dividend</td></tr><tr><td colspan="1">Dividend, which is expected paid for the year, is shown as a separate item under equity. Proposed dividend is recognised as a liability at the time of adoption at the Annual General Meeting.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Corporation tax and deferred tax</td></tr><tr><td colspan="1">Current tax liabilities and current tax receivable are recognised in the balance sheet as calculated tax on the taxable income for the year adjusted for tax on previous years’ taxable income as well as for taxes paid on account.</td></tr><tr><td colspan="1">Deferred tax is measured under the balance sheet liability method in respect of all temporary differences between the carrying amount and the tax base of assets and liabilities. In cases, of concerning shares, where the computation of the tax base may be made according to alternative tax rules, deferred tax is measured based on the intended use of the asset or settlement of the liability, respectively.</td></tr><tr><td colspan="1">Deferred tax assets, including the tax base of tax loss carry-forwards, are measured at the value at which the asset is expected to be either realised, by elimination in tax on future earnings or by set-off against deferred tax liabilities within the same legal tax entity and jurisdiction. Any deferred net tax assets are measured at net realisable value.</td></tr><tr><td colspan="1">Deferred tax is measured based on the tax rules and tax rates that will be effective under the legislation at the balance sheet date when the deferred tax is expected to crystallised as current tax.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Debt</td></tr><tr><td colspan="1">Other liabilities are measured at net realisable value.</td></tr></table> Årsrapport 33241763 Aaen & Co. Statsautoriserede revisorer p/s Kongevejen 3 3000 Helsingør xWizard version 1.1.1179.0, by EasyX Aps. www.easyx.eu 2021-01-01 2021-12-31 Ingen bistand Regnskabsklasse B 0 140000 151471 62537 -74008 -2537 -76545 0 -76545 -13398 -76545 2639496 2639496 2639496 0 0 118370 118370 2757866 125000 153150 278150 2457730 8294 13692 2479716 2479716 2757866 2534943 2534943 2534943 70000 70000 157846 227846 2762789 125000 166548 291548 2457728 0 13513 2471241 2471241 2762789 Marco Dalla Ragione Massimo Dalla Ragione