330567612024-01-012024-12-31330567612024-01-012024-12-311330567612024-01-012024-12-311330567612024-01-012024-12-312330567612024-01-012024-12-313330567612024-01-012024-12-311330567612024-12-31330567612023-12-31fsa:ContributedCapitalMember330567612023-12-31fsa:RetainedEarningsMember330567612023-12-31330567612024-01-012024-12-31fsa:RetainedEarningsMember330567612024-12-31fsa:ContributedCapitalMember330567612024-12-31fsa:RetainedEarningsMember330567612023-01-012023-12-31iso4217:DKKxbrli:pureThe Board of Directors and the Executive Board have today considered and approved the annual report of Inventory 2 ApS for the financial year 01.01.2024 - 31.12.2024.1529509215191135The annual report is presented in accordance with the Danish Financial Statements Act.1018797110128178In our 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 - 31.12.2024.452460We believe that the management commentary contains a fair review of the affairs and conditions referred to therein.50618755062957We recommend the annual report for adoption at the Annual General Meeting.5332452323København4833015244Nicolas Johnny Haugaard Gøtze50668695100036CEO11157541123175Andreas Velter39511153976861Chair39511153976861Henrik SahlholtVice Chair1395340Nicolas Johnny Haugaard Gøtze1395340To the shareholders of Inventory 2 ApS207675207675We have audited the financial statements of Inventory 2 ApS for the financial year 01.01.2024 - 31.12.2024, 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. ​ ​In our 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 in accordance with the Danish Financial Statements Act.207675207675We conducted our audit in accordance with International Standards on Auditing (ISAs) and additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the "Auditor’s responsibilities for the audit of the financial statements" section of this auditor’s report. 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 audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.347209207675Management 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, for disclosing, as applicable, matters related to going concern, and for using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Entity or to cease operations, or has no realistic alternative but to do so.1000280Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are ​free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes ​our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted ​in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material ​misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, ​individually or in the aggregate, they could reasonably be expected to influence the economic decisions of ​users taken on the basis of these financial statements.​​As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, ​we exercise professional judgement and maintain professional scepticism throughout the audit. We also:Identify and assess the risks of material misstatement of the financial statements, whether due to ​fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence ​that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a ​material misstatement resulting from fraud is higher than for one resulting from error, as fraud may ​involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.​Obtain an understanding of internal control relevant to the audit in order to design audit procedures ​that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the ​effectiveness of the Entity’s internal control.​Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates ​and related disclosures made by Management. ​Conclude on the appropriateness of Management’s use of the going concern basis of accounting in ​preparing the financial statements, and, based on the audit evidence obtained, whether a material ​uncertainty exists related to events or conditions that may cast significant doubt on the Entity’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to ​draw attention in our auditor’s report to the related disclosures in the financial statements or, if such ​disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence ​obtained up to the date of our auditor’s report. However, future events or conditions may cause the ​Entity to cease to continue as a going concern.​Evaluate the overall presentation, structure and content of the financial statements, including the disclosures ​in the notes, and whether the financial statements represent the underlying transactions and ​events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope ​and timing of the audit and significant audit findings, including any significant deficiencies in internal control ​that we identify during our audit.308616732668562696436230Management is responsible for the management commentary. Our opinion 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 audit 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 audit 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 the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statements Act. We did not identify any material misstatement of the management commentary. 16175914779497170København33846353450880Christian Sanderhage28387624043941mne2334762233977494821State Authorised Public Accountant65706067702496Primary activitiesThe Company sells software as a service to Broadcasters. 8000080000Development in activities and financesProfit for the year 2024 amounts to DKK 3,951 thousand against a profit of DKK 3,977 thousand last year. Management consider outcome in 2024 satisfactory in relation to expected development. 50209925569877Events after the balance sheet dateNo material events have occurred after the balance sheet date to this date, which would influence the annual report. 51009925649877This 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.79503368512Recognition 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.023340Foreign currency translationOn initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the rate in effect at the payment date, or the rate at the balance sheet date, are recognised in the income statement as financial income or financial expenses. Property, plant and equipment, intangible assets, inventories and other non-monetary assets that have been purchased in foreign currencies are translated using historical rates.13901111660767Gross profit or lossGross profit or loss comprises revenue, development cost and royalities.14696142052619RevenueRevenue from the sale of licences is recognised in the income statement when rights to the licences have passed to the buyer. Revenue is recongnised net of VAT, duties and sales discounts.14696142052619Other operating incomeOther operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary activities, including rental income and gains from the sale of intangible assets and property, plant and equipment.65706067702496Cost of salesCost of sales comprises goods consumed in the financial year measured at cost.8000011Other 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.5569877Staff costsStaff costs comprise salaries and wages as well as social security contributions, pension contributions, etc for entity staff.Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses relating to intagible assets and property, plant and equipment comprise amortisation, depreciation and impairment losses for the financial year, calculated on the basis of the residual values and useful lives of the individual assets and Impairment testing as well as gains and losses from the sale of intangible assets as well as property, plant and equipment. 4500000Other financial incomeOther financial income comprises interest income, exchange gains on securities, payables and transactions in foreign currencies, amortisation of financial assets, and tax relief under the Danish Tax Prepayment Scheme etc.4500000Other financial expensesOther financial expenses comprise interest income, including foreign currency transactions as well as tax relief under the Danish Tax Prepayment Scheme etc.3951115Tax 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.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 yearsFor leasehold improvements and assets subject to finance leases, the depreciation period cannot exceed ​the contract period. ​​Property, plant and equipment are written down to the lower of recoverable amount and carrying amount.800005020992ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and doubtful debts.Deferred taxDeferred tax is recognised on all temporary differences between the carrying amount and the tax-based value of assets and liabilities, for which the tax-based value is calculated based on the planned use of each asset. Deferred tax assets, including the tax base of tax loss carryforwards, are recognised in the balance sheet at their estimated realisable value, either as a set-off against deferred tax liabilities or as net tax assets.1 Staff costs2024 DKK2023 DKKWages and salaries9,284,7319,229,171Pension costs815,221804,820Other social security costs88,01994,18710,187,97110,128,178Average number of full-time employees1111Tax payable or receivableCurrent tax payable or receivable is recognised in the balance sheet, stated as tax computed on this year's taxable income, adjusted for prepaid tax.11CashCash comprises bank deposits.2 Other financial income 2024 DKK2023 DKKOther interest income53,32452,32353,32452,323Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.3 Tax on profit/loss for the year2024 DKK2023 DKKCurrent tax1,106,4881,110,801Change in deferred tax9,26612,3741,115,7541,123,175true4 Property, plant and equipmentOther fixtures and fittings, tools and equipment DKKCost beginning of year693,971Additions184,780Cost end of year878,751Depreciation and impairment losses beginning of year(693,971)Depreciation for the year(45,246)Depreciation and impairment losses end of year(739,217)Carrying amount end of year139,534Grundlag for konklusion5 Financial assetsDeposits​DKKCost beginning of year207,675Cost end of year207,675Carrying amount end of year207,675Konklusion6 Share capitalNumberPar value DKKNominal value DKKOrdinary shares16050080,00016080,0002025-03-317 Unrecognised rental and lease commitments2024 DKK2023 DKKLiabilities under rental or lease agreements until maturity in total207,675202,3502025-03-318 Related parties with controlling interestInventory 2 Aps is incorporated in the consolidated financial statements of Inventory 2 Pte. Ltd., Registration No. 200614135 in Singapore. true2023-01-012023-12-3133963556København S23006WeidekampsgadeDeloitte Statsautoriseret RevisionspartnerselskabKøbenhavnKøbenhavn Ø2100Regnskabsklasse BRevisionspåtegning2024-12-312024-01-011158ØsterbrogadeInventory 2 ApS33056761339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapport2025-03-31Nicolas Johnny Haugaard Gøtze