216469892019-01-012019-12-31216469892019-01-012019-12-312216469892019-01-012019-12-313216469892019-01-012019-12-314216469892019-01-012019-12-315216469892019-01-012019-12-316216469892019-01-012019-12-317216469892019-01-012019-12-31RevPers1216469892019-01-012019-12-31RevPers1216469892019-01-012019-12-31216469892019-01-012019-12-31216469892019-01-012019-12-31fsa:ContributedCapitalMember216469892019-01-012019-12-31fsa:RetainedEarningsMember216469892019-01-012019-12-31216469892019-01-012019-12-31fsa:RetainedEarningsMember216469892018-01-012018-12-31216469892018-01-012018-12-31216469892018-01-012018-12-31fsa:RetainedEarningsMember216469892019-12-31216469892019-01-01fsa:ContributedCapitalMember216469892019-01-01fsa:RetainedEarningsMember216469892018-12-31xbrli:purexbrli:pureiso4217:DKKxbrli:sharesTo the shareholders of CAPP ApS Basis for conclusion We conducted our extended review in accordance with the Danish Business Authority's Assurance Standard for Small Enterprises and FSR - Danish Auditors' standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the "Practitioner's responsibilities for the extended review of the financial statements" section of our report. We are independent of the Company in accordance with the International Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code) and the additional requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these rules and requirements. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion. , Basis for conclusion We conducted our extended review in accordance with the Danish Business Authority's Assurance Standard for Small Enterprises and FSR - Danish Auditors' standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the "Practitioner's responsibilities for the extended review of the financial statements" section of our report. We are independent of the Company in accordance with the International Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code) and the additional requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these rules and requirements. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion. Odense, 31 August 2020 e-revisor.com godkendt revisionspartnerselskab CVR-no. 36412143 Morten Wagner Registered Public Accountant mne32904 Conclusion We have performed an extended review of the financial statements of CAPP ApS for the financial year 2019, which comprise a summary of significant accounting policies, income statement, balance sheed, statement of changes in equity and notes. The financial statements are prepared under the Danish Financial Statements Act. Based on the work performed, in our opinion, the financial statements give a true and fair view of the Company's financial position at 31 December 2019 and of the results of the Company's operations for the financial year 1 January 2019 - 31 December 2019 in accordance with the Danish Financial Statements Act., Conclusion We have performed an extended review of the financial statements of CAPP ApS for the financial year 2019, which comprise a summary of significant accounting policies, income statement, balance sheed, statement of changes in equity and notes. The financial statements are prepared under the Danish Financial Statements Act. Based on the work performed, in our opinion, the financial statements give a true and fair view of the Company's financial position at 31 December 2019 and of the results of the Company's operations for the financial year 1 January 2019 - 31 December 2019 in accordance with the Danish Financial Statements Act.2020-08-31OdensePractitioner's responsibilities for the extended review of the financial statements Our responsibility is to express a conclusion on the financial statements. This requires that we plan and perform procedures in order to obtain limited assurance for our conclusion on the financial statements and in addition perform specifically required supplementary procedures to obtain further assurance for our conclusion. An extended review comprises procedures that primarily consist of making inquiries of Management and others within the Company, as appropriate, analytical procedures and the specifically required supplementary procedures as well as evaluation of the evidence obtained. The procedures performed in an extended review are less than those performed in an audit, and accordingly, we do not express an audit opinion on the financial statements. Management's responsibilities for the financial statements Management is responsible for the preparation of the 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 Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Grundlag for konklusion med forbeholdKonklusion med forbehold36412143mne32904Morten Wagner Executive Board Henrique Hosken Martins Pinto Manager Henrique Hosken Martins PintoTejas Bhupendra Shah Supervisory Board Henrique Hosken Martins Pinto Bhupendra Shantilal Shah Alexander Spector Member Member Member Chirag Narendrashai Shah Tejas Bhupendra Shah Member Member Henrique Hosken Martins PintoBhupendra Shantilal ShahAlexander SpectorChirag Narendrashai Shahe-revisor.comManagerBoard MemberBoard MemberBoard MemberBoard MemberBoard MemberErklæring om udvidet gennemgangtrue1230069415425453203272187556Regnskabsklasse B50000050000069663438213930440Equity investments in group enterprises and associates Equity investments in group enterprises and associates are measured at cost. Dividends that exceed accumulated earnings of the group enterprise or the associate during the ownership period are treated as a reduction of the cost. If cost exceeds the net realisable value, a write-down to this lower value will be performed. Reporting Class The Annual Report of CAPP ApS for 2019 has been presented in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B. The accounting policies applied remain unchanged from last year. Reporting currency The Annual Report is presented in Danish kroner. General Information Basis of recognition and measurement The financial statement have been prepared under the historical cost princip. Income is recognised in the Income Statement as it is earned, including value adjustments of financial assets and liabilities that are measured at fair value or amortised cost. Moreover, all expenses incurred to achieve the earnings for the year are recognised in the Income Statement, including depreciation, amortisation, impairment losses and provisions as well as reversals due to changed accounting estimates of amounts that have previously been recognised in the Income Statement. Assets are recognised in the Balance Sheet when it is probable that future economic benefits attributable to the asset will accrue to the Company, and the value of the asset can be measured reliably. Liabilities are recognised in the Balance Sheet when it is probable that future economic benefits attributable to the asset will flow out of the Company, and the value of the liability can be measured reliably. At initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each item below. Certain financial assets and liabilities are measured at amortised cost, which involves the recognition of a constant effective interest rate over the term. Amortised cost is calculated as original cost less repayments and with the addition/deduction of the accumulated amortisation of the difference between the cost and the nominal amount. This way, exchange losses and gains are allocated over the term. In connection with recognition and measurement, consideration is given to predictable losses and risks occurring prior to the presentation of the Annual Report, i.e. losses and risks which prove or disprove matters which exist at the balance sheet date. Income Statement Gross profit/loss The Company has decided to aggregate certain items of the Income Statement in accordance with the provisions of Section 32 of the Danish Financial Statements Act. Gross profit is a combination of the items of revenue, change in inventories of finished goods, work in progress and goods for resale, other operation income, cost of raw and consumables and other external expenses. Revenue Revenue is recognised in the income statement if the goods have been delivered and the risk has passed to the byer before year-end and if the revenue can be reliably calculated and expected to be received. Revenue is recognised exclusive og VAT and net of sales discounts. Other external expenses Other external costs include costs for distribution, sales, advertising, administration, premises. loss of debitors, operating leasing costs etc. Staff expenses Staff expenses comprise wages, salaries and other pay-related costs, such as sickness benefits for enterprise employees less wage/salary reimburdement, pensions and social security costs. Other staff expenses are recognised in other external expenses. Other operating expenses Other operating expenses include items relating to activities secondary to the main activity of the enterprises. Financial income and expenses Financial income and expenses are recognised in the Income Statement based on the amounts that concern the financial year. Financial income and expenses include interest revenue and expenses, finance charges in respect offinance leases, realised and unrealised capital gains and losses regarding securities, accounts payable and transactions in foreign currencies, repayment on mortgage loans, and surcharges and allowances under the tax prepayment scheme. Tax on net profit for the year Tax on net profit/loss for the year comprises current tax on expected taxable income of the year and the year's adjustment of deferred tax less the part of the tax of the year that relates to changes in equity. Current and deferred tax regarding changes in equity is recognised directly in equity. Balance Sheet Equity investments in group enterprises and associates Equity investments in group enterprises and associates are measured at cost. Dividends that exceed accumulated earnings of the group enterprise or the associate during the ownership period are treated as a reduction of the cost. If cost exceeds the net realisable value, a write-down to this lower value will be performed. Receivables Receivables are measured at amortised cost which usually corresponds to the nominal value. The value is reduced by write-downs for expected bad debts. Impairment of accounts receivables past due is established on individual assessment of receivables. Accrued income, assets Accrued income recognised in assets comprises prepaid costs regarding subsequent financial years. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and in hand as well as short-term securities with a term of less than three months which can be converted directly into cash at bank and in hand and involve only an insignificant risk of value changes. Equity Equity comprises the working capital and a number of equity items that may be statutory or stipulated in tha articles of association. Current tax liabilities Current tax liabilities and current tax receivables are recognised in the Balance Sheet as calculated tax on the expected taxable income for the year, adjusted for tax on taxable income for previous years as well as for tax prepaid. Liabilities Other liabilities, comprising deposits, trade payables and other accounts payable, are measured at amortised cost, which usually corresponds to the nominal value. Other payables Other payables are measured at amortised cost, which usually corresponds to the nominal value Contingent assets and liabilities Contingent assets and liabilities are not recognised in the Balance Sheet but appear only in the notes. 8. Contingent liabilities No contingent liabilities exist at the balance sheet date. 6. Contributed capital The share capital consists of 500.000 shares of a nominel value of DKK 1. The share capital has not been changed the last 5 years. 1. Employee benefits expense Wages and salaries 0 1.629.568 Post-employement benefit expense 0 81.251 Social security contributions 321 32.831 321 1.743.650 Average number of employees 0 2 Contributed Retained capital earnings Total Equity 1 January 2019 500.000 11.613.238 12.113.238 Profit (loss) -4.177 -4.177 Equity 31 December 2019 500.000 11.609.061 12.109.061 The share capital consists of 500.000 shares af a nominel value of DKK 1. 5. Disclosure in long-term investments in group enterprises and associates Group enterprises Name Registered office Share held in % Equity (EUR) Profit (EUR) AHN Biotechnologie GmbH Germany 100,00 2.804.769 149.788 2.804.769 149.788 9. Collaterals and securities No collaterals and securities exist at the balance sheet date. 3. Finance expenses Other finance expenses 68.393 350.625 68.393 350.625 2. Finance income Other finance income 0 839.703 0 839.703 7. Significant events occurring after end of reporting period The company has closed all their activity in Denmark. 4. Tax expense Tax for the year 0 1.248.346 Reg. deferred tax 0 86.706 Tax for the year 16.368 0 16.368 1.335.052 32117436501210906112113238-500000-1161323800-3872274136271230069415425453191633331221511604060116040601160406011604060116040601160406068393350625083970311962700626808387784527010270-41774761323-41774761323121916096375-3904356072971160906111613238false191633331221566391337338374322483562377038240124834618963201832461279342420331569261636813350525000, Odense CPromenadebyen 162020-08-311999-03-302020-08-3166 13 27 702164698936412143ÅrsrapportHenrique Hosken Martins PintoCAPP ApSe-revisor.com, godkendt revisionspartnerselskab2018-01-012018-12-31Odense, 4612019-12-312019-01-0166 13 61 40Insecurity regarding recognition or measurement There is no material insecurity regarding recognition or measurement. Exceptional circumstances No exceptional circumstances have affected recognition or measurement. Development in activities and financial matters The Company's Income Statement of the financial year 1 January 2019 - 31 December 2019 shows a result of DKK -4.177 and the Balance Sheet at 31 December 2019 a balance sheet total of DKK 12.300.694 and an equity of DKK 12.109.061. The Company's principal activities The company is dedicated to development, production and sales of liquid handling equipment for laboratories. The company has closed all their activity in Denmark at the end of 2019. The Company's principal activities The company is dedicated to development, production and sales of liquid handling equipment for laboratories. The company has closed all their activity in Denmark at the end of 2019. Insecurity regarding recognition or measurement There is no material insecurity regarding recognition or measurement. Exceptional circumstances No exceptional circumstances have affected recognition or measurement. Development in activities and financial matters The Company's Income Statement of the financial year 1 January 2019 - 31 December 2019 shows a result of DKK -4.177 and the Balance Sheet at 31 December 2019 a balance sheet total of DKK 12.300.694 and an equity of DKK 12.109.061. Post financial year events After the end of the financial year, no events have occurred which may change the financial position of the entity substantially. 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 assets, liabilities and financial position of the Company at 31 December 2019 and of the results of the Company's operations for the financial year 1 January 2019 - 31 December 2019. 2020-08-31Today, Management has considered and adopted the Annual Report of CAPP ApS for the financial year 1 January 2019 - 31 December 2019. In our opinion, the Management's Review includes a true and fair account of the matters addressed in the review. OdenseWe recommend that the Annual Report be adopted at the Annual General Meeting. Today, Management has considered and adopted the Annual Report of CAPP ApS for the financial year 1 January 2019 - 31 December 2019. 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 assets, liabilities and financial position of the Company at 31 December 2019 and of the results of the Company's operations for the financial year 1 January 2019 - 31 December 2019. In our opinion, the Management's Review includes a true and fair account of the matters addressed in the review. The Annual General Meeting of the Company decides that the Financial Statements for next year are not to be audited. The conditions for not conducting an audit of the Financial Statements have been met. We recommend that the Annual Report be adopted at the Annual General Meeting. Odense, 31 August 2020 Executive Board Henrique Hosken Martins Pinto Manager Supervisory Board Henrique Hosken Martins Pinto Bhupendra Shantilal Shah Alexander Spector Member Member Member Chirag Narendrashai Shah Tejas Bhupendra Shah Member Member The Annual General Meeting of the Company decides that the Financial Statements for next year are not to be audited. The conditions for not conducting an audit of the Financial Statements have been met.