42101974 2024-04-01 2025-03-31 42101974 2024-04-01 2025-03-31 1 42101974 2024-04-01 2025-03-31 1 42101974 2024-04-01 2025-03-31 1 42101974 2024-04-01 2025-03-31 2 42101974 2024-04-01 2025-03-31 3 42101974 2023-04-01 2024-03-31 42101974 2025-03-31 42101974 2024-03-31 42101974 2024-03-31 fsa:ContributedCapitalMember 42101974 2024-03-31 fsa:RetainedEarningsMember 42101974 2024-04-01 2025-03-31 fsa:RetainedEarningsMember 42101974 2025-03-31 fsa:ContributedCapitalMember 42101974 2025-03-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Annual report 2025-10-08 Anders Houbak Grønkjær Herredsvej 32 7100 Vejle The Board of Directors and the Executive Board have today considered and approved the annual report of BCA Transport Danmark A/S for the financial year 01.04.2024 - 31.03.2025. 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 Entity’s financial position at 31.03.2025and of the results of its operations for the financial year 01.04.2024 - 31.03.2025. We believe that the management commentary contains a fair review of the affairs and conditions referred to therein. We recommend the annual report for adoption at the Annual General Meeting. Vejle 2025-10-08 Anders Houbak Grønkjær Timothy Giles Lampert (Chairman) David Andrew Banks Duncan Christopher Reaney To the shareholders of BCA Transport Danmark A/S In our opinion, the Financial Statements give a true and fair view of the financial position of the Company at 31 March 2025, and of the results of BCA Transport Danmark A/S' operations for the financial year 1 April 2024 - 31 March 2025 in accordance with the Danish Financial Statements Act. ​​We have audited the Financial Statements of BCA Transport Danmark A/S for the financial year 1 April 2024 - 31 March 2025, which comprise income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies (“the Financial Statements”) . We conducted our audit in accordance with International Standards on Auditing (ISAs) and the 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 our report. We are independent of the Company 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. Management is responsible for Management’s Review. ​​Our opinion on the Financial Statements does not cover Management’s Review, 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 Management’s Review and, in doing so, consider whether Management’s Review is materially inconsistent with the Financial Statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated. ​​Moreover, it is our responsibility to consider whether Management’s Review provides the information required under the Danish Financial Statements Act. Based on the work we have performed, in our view, Management’s Review 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 in Management’s Review. Management 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 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. Our 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 Company’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 Company’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 Company to cease to continue as a going concern.​Evaluate the overall presentation, structure and contents of the Financial Statements, including the disclosures, 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. Trekantsområdet 2025-10-08 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab 33771231 Morten Elbæk Jensen State Authorised Public Accountant mne27737 Primary activitiesThe main activity of the company consists of transportation of vehicles. Description of material changes in activities and financesThis year has been characterized by the development from a startup experiencing growth to the consolidation of the company’s position in the market with a focus on securing capacity. Activity has been on an upward trend, despite low activity in the first half of the year.​​In 2024/25 the company delivers a net loss of TDKK 1.570. After this the equity by the end of the year is negative with TDKK (2.254). ​​The result is not satisfying.​​Subsequent events​No significant events affecting the assessment of the Annual Report have occurred after the balance sheet date. 36058948 22049957 29426061 18387891 7598657 3732888 -965770 -70822 142 -15121 1047307 1065832 -2012935 -1151775 -442586 -253299 -1570349 -898476 -1570349 -898476 -1570349 -898476 3312 7277 3312 7277 12408587 17031937 12408587 17031937 733500 698500 733500 698500 13145399 17737714 27487 106000 7843581 7685715 354765 1054550 0 892049 2432499 2000954 10658332 11739268 6214310 2328098 16872642 14067366 30018041 31805080 400000 400000 -2653898 -1083549 -2253898 -683549 491206 1129297 491206 1129297 2083183 2423135 26585354 25556630 195505 0 2916691 3379567 31780733 31359332 31780733 31359332 30018041 31805080 400000 -1083549 -683549 -1570349 -1570349 400000 -2653898 -2253898 1 Uncertainty related to going concernThe annual report shows a negative equity of DKK 2,253,898. To support the operations of the company, its parent company BCA Auto Auktion A/S has provided a declaration of support to the company, ensuring its continued operation. The agreement for financial support is valid until the annual report for 2025/26 for BCA Transport Danmark A/S has been approved by the general meeting and published. 2 Staff costs2024/25​DKK2023/24​DKKWages and salaries24,089,39014,671,065Pension costs2,962,0041,773,010Other social security costs2,374,6671,943,81629,426,06118,387,891Average number of full-time employees4529 45 29 3 Depreciation, amortisation and impairment losses2024/25​DKK2023/24​DKKAmortisation of intangible assets3,9650Depreciation of property, plant and equipment7,594,6923,732,8887,598,6573,732,888 4 Other financial income ​2024/25​DKK2023/24​DKKFinancial income from group enterprises017Other financial income142(15,138)142(15,121) 5 Other financial expenses2024/25​DKK2023/24​DKKFinancial expenses from group enterprises832,539991,369Exchange rate adjustments89,57874,463Other financial expenses125,19001,047,3071,065,832 6 Tax on profit/loss for the year2024/25​DKK2023/24​DKKCurrent tax195,505(892,049)Change in deferred tax(638,091)638,750(442,586)(253,299) 7 Intangible assetsAcquired​licences​DKKCost beginning of year12,249Cost end of year12,249Amortisation and impairment losses beginning of year(4,972)Amortisation for the year(3,965)Amortisation and impairment losses end of year(8,937)Carrying amount end of year3,312 8 Property, plant and equipmentOther fixtures and fittings, tools and equipment​DKKCost beginning of year22,153,715Additions3,315,525Disposals(381,889)Cost end of year25,087,351Depreciation and impairment losses beginning of year(5,121,778)Depreciation for the year(7,594,692)Reversal regarding disposals37,706Depreciation and impairment losses end of year(12,678,764)Carrying amount end of year12,408,587 9 Financial assetsDeposits​DKKCost beginning of year698,500Additions35,000Cost end of year733,500Carrying amount end of year733,500 10 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement where BCA Auto Auktion A/S, CVR no. 15 91 18 91,serves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is therefore liable for income taxes etc. for the jointly taxed entities, and for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements. 11 Related parties with controlling interestThe company's immediate parent company is BCA Auto Auktion A/S, which does not prepare any Consolidated Financial Statements. 12 Group relationsThe company's ultimate parent company, which prepares Consolidated Financial Statements, is Constellation​Automotive Group Limited. The Consolidated Financial Statements may be obtained at the following address:​Constellation Automotive Group Limited ​Form 2 ​18 Bartly Way Wood Buisness Park ​Bartly Way ​Hook, Hampshire ​RG27 9XA ​United Kingdom This 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.The annual report has been presented in Danish kroner, DKK. The annual report has been presented in Danish kroner, DKK. Recognition 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. Foreign 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 one in effect at the payment date or the rate at the balance sheet date are recognized in the income statement as financial income or financial expenses. Gross profit or lossIn accordance with section 32 of the Danish Financial Statements Act, the company has chosen to sum up revenue, external costs and other income in one item called “Gross profit”. RevenueRevenue includes invoiced sales of services less services concerning the following financial period and plus services concerning the financial period which have been invoiced in the following financial period. Revenue is recognized exclusive of VAT and duties and less any discounts granted. Other operating incomeOther operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary ​activities, including profit from the sale of intangible assets and property, plant and equipment, and salary refunds. Cost of salesCost of sales comprises goods consumed in the financial year measured at cost, adjusted for normal inventory writedowns. Other external expensesOther external expenses include expenses relating to sale and distribution as well as office expenses, etc. Staff costsStaff expenses include wages and salaries as well as payroll expenses. Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses include depreciation, amortisation and impairment losses for the year on intangible and property, plant and equipment. Other financial incomeOther financial income comprises dividends etc. received on other investments, interest income, including ​interest income on receivables from group enterprises, net capital or exchange gains on securities, payables ​and transactions in foreign currencies, amortisation of financial assets, and tax relief under the Danish ​Tax Prepayment Scheme etc. Other financial expensesThese items comprise interest expenses, realized and unrealised capital losses on payables and transactions in foreign currencies as well as tax surcharge and repayment under the Danish tax prepayment scheme. Tax on profit/loss for the yearTax for the year, which consists of current tax for the year and changes in deferred tax, is recognized in the income statement by the portion attributable to the profit for the year and recognized directly on equity by the portion attributable to entries directly on equity. The portion of the tax taken to the income statement which relates to extraordinary profit/loss for the year is allocated to this entry whereas the remaining portion is taken to ​the year’s profit/loss from ordinary activities. The Entity is jointly taxed with all Danish group enterprises. The current Danish income tax is allocated among the jointly taxed entities proportionally to their taxable income (full allocation with a refund concerning tax losses). Intangible assetsIntangible assets are initially measured as cost less accumulated amortisation and impairment losses.Amortisation based on cost reduced by impairment losses is calculated on a straight-line basis over the expected useful lives of assets, which are 3-5 years.​ ​Intangible assets are written down to the lower of recoverable amount and carrying amount. Property, plant and equipmentLand and buildings, plant and machinery, and other 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. For self-constructed assets, cost comprises direct and indirect costs of materials, components, subsuppliers and labour costs. For assets held under finance leases, cost is the lower of the asset’s fair value and present value of future lease payments.​​Indirect production costs in the form of indirectly attributable staff costs and amortisation of intangible assets and depreciation of property, plant and equipment used in the development process are recognised in cost based on time spent on each asset.​​Interest expenses on loans for the financing of the manufacture of property, plant and equipment are included in​cost if they relate to the manufacturing period. All other finance costs are recognised in the income statement. ​​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 - 10 yearsProfits and losses from the sale of property, plant and equipment are calculated as the difference between selling​price minus selling costs and carrying amount at the time of sale. Profits and losses is included in other operating​income and expenses.​​Impairment of fixed assets​The carrying amounts of intangible assets and property, plant and equipment are reviewed on an annual basis to determine whether there is any indication of impairment other than that ex-pressed by amortisation and depreciation. If so, the asset is written down to its lower recoverable amount. ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and ​doubtful debts. Tax 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.Joint taxation contributions payable or receivableCurrent joint taxation contributions receivable or joint taxation contributions payable are recognised in the ​balance sheet, calculated as tax computed on the taxable income of the year, which has been adjusted for ​prepaid tax. For tax losses, joint taxation contributions receivable are only recognised if such losses are ​expected to be used under the joint taxation arrangement. PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at ​cost. CashCash comprises cash in hand and bank deposits. 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. However, no deferred tax is recognised for amortisation of goodwill disallowed for tax purposes and temporary differences arising at the date of acquisition that do not result from a business combination and that do not have any effect on profit or loss or on taxable income. ​​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.​​Deferred tax relating to retaxation of previously deducted losses in foreign subsidiaries is recognised on the ​basis of an actual assessment of the purpose of each subsidiary. Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Ikke væsentlig usikkerhed vedr. fortsat drift true Grundlag for konklusion Konklusion true 2023-04-01 2024-03-31 Vejle Vejle 7100 Regnskabsklasse B Revisionspåtegning 2025-03-31 2024-04-01 8 Islandsvej BCA Transport Danmark A/S 42101974 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab