343539052017-01-012017-12-31343539052017-01-012017-12-31Direktionsmedlem 01343539052017-01-012017-12-31Bestyrelsesmedlem 1343539052017-01-012017-12-31Bestyrelsesmedlem 2343539052017-01-012017-12-31Bestyrelsesmedlem 3343539052016-12-31343539052017-12-31343539052016-01-012016-12-31343539052017-12-31fsa:LandAndBuildingsMember343539052016-12-31fsa:LandAndBuildingsMember343539052017-01-012017-12-31fsa:LandAndBuildingsMember343539052016-01-012016-12-31fsa:LandAndBuildingsMember343539052016-01-012016-12-31fsa:ProposedDividendRecognisedInEquityMember343539052017-01-012017-12-31fsa:RetainedEarningsMember343539052016-01-012016-12-31fsa:RetainedEarningsMember343539052017-01-012017-12-31fsa:ProposedDividendRecognisedInEquityMember343539052017-01-012017-12-31fsa:RetainedEarningsMember343539052016-01-012016-12-31fsa:RetainedEarningsMember343539052016-01-012016-12-31fsa:ProposedDividendRecognisedInEquityMember343539052017-12-31fsa:ContributedCapitalMember343539052016-12-31fsa:ContributedCapitalMember343539052016-12-31fsa:ProposedDividendRecognisedInEquityMember343539052017-12-31fsa:RetainedEarningsMember343539052016-12-31fsa:RetainedEarningsMember343539052017-01-012017-12-31Revisionsvirksomhed 01343539052017-01-012017-12-31Revisionsvirksomhed 01 - Revisor 01iso4217:DKKpureThe Company’s purpose is to sell medicine and medical equipment and other relates services. The Company’s profit is DKK 1.391k, which is satisfying. No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.Ayad Musa Kazem Al-MosawiThe Board of Directors and the Executive Board have today considered and approved the annual report of DMK Kolding A/S for the financial year 01.01.2017 - 31.12.2017.The annual report is presented in accordance with the Danish Financial Statements Act. We recommend the annual report for adoption at the Annual General Meeting. We believe that the management commentary contains a fair review of the affairs and conditions referred to therein. Imad Mousa Kadhim Al-MousaHaider Fairs HusseinAyad Musa Kazem Al-Mosawiformand256369931074646646420113381310316793059125423643674257320121431188029341150367425732012142563699140489255775431580664100000312190868874136776780166812912131999747750171668521386426814512219440116156336553237632371725316661802136019178681121724801491502151279633557259972739626298Assets 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.Land and building 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. 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: Buildings 50 years Estimated useful lives and residual values are reassessed annually. Inventories are measured at the lower of cost using the FIFO method and net realisable value. Cost consists of purchase price plus delivery costs. Cost of manufactured goods and work in progress consists of costs of raw materials, con sumables, direct labour costs and indirect production costs. The net realisable value of inventories is calculated as the estimated selling price less completion costs and costs incurred to execute sale. Receivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and doubtful debts. Deferred tax is recognised on all temporary differences between the carrying amount and tax-based value of assets and liabilities, for which the tax-based value of assets 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. Current 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.Cash comprises cash in bank deposits. 37213263229286492040-47069-2807218997Other financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Revenue from the sale of manufactured goods and goods for resale is recognised in the income statement when delivery is made and risk has passed to the buyer. Revenue from the sale of services is recognised in the income statement when delivery is made to the buyer. Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed. Other 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. Cost of sales comprises goods consumed in the financial year measured at cost. Other financial income comprises dividends etc received on other investments, interest income, including interest income on receivables from group enterprises, net capital gains on securities, payables and transactions in foreign currencies, amortisation of financial assets as well as tax relief under the Danish Tax Prepayment Scheme etc. Other financial expenses comprise interest expenses and payables and transactions in foreign currencies. Tax 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. Staff costs comprise salaries and wages as well as social security contributions, pension contributions, etc for entity staff. Amortisation, depreciation and impairment losses relating to 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 property, plant and equipment. 4753939610746555063872023446859000134841-1123241219086887434353905DMK Kolding A/SKolding2018-07-04 Imad Mousa Kadhim Al-Mousa In our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2017 and of the results of its operations for the financial year 01.01.2017 - 31.12.2017.2018-07-04KoldingGross profit or loss comprises revenue, changes in inventories of finished goods, other operating income, and consumables and external expenses. 33963556Deloitte Statsautoriseret RevisionspartnerselskabDokken Postbox 2006701 Esbjerg36742573201214679305912542364540829245176835000005000004908292351768350000017000800017000800013677678016681139060917041861552455156509118997161433962024682945000001390609120418613906091704186-500000139060912041865000005000005000005000004908292351768318997Dividend is recognised as a liability at the time of adoption at the general meeting. Proposed dividend for the financial year is disclosed as a separate item in equity. Årsrapport36742573201214Regnskabsklasse BEsbjerg2018-07-04Haderslevvej1406000KoldingDokkenPostbox 20086701EsbjergTo the shareholders of DMK Kolding A/SWe have performed an extended review of the financial statements of DMK Kolding A/S for the financial year 01.01.2017 - 31.12.2017. The financial statements, which comprise the income statement, balance sheet, statement of changes in equity, notes and accounting policies, are prepared in accordance with the Danish Financial Statements Act. 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. Our responsibility is to express an opinion on the financial statements. We conducted our extended review in accordance with the assurance engagement standard for small enterprises as issued by the Danish Business Authority and the standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act as issued by FSR - Danish Auditors. This requires that we comply with the Danish Public Accountants Act and FSR – Danish Auditors’ Code of Conduct and plan and perform procedures to obtain limited assurance about our opinion on the financial statements and that we perform specifically required supplementary procedures for the purpose of obtaining additional assurance about our opinion. An extended review consists of making inquiries, primarily of management and, if appropriate, of other entity personnel, performing analytical procedures and specifically required supplementary procedures as well as evaluating the evidence obtained. The procedures performed in an extended review are less in scope than in an audit, and accordingly we do not express an audit opinion on the financial statements.Based on our extended review, in our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2017 and of the results of its operations for the financial year 01.01.2017 - 31.12.2017 in accordance with the Danish Financial Statements Act. Management 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 extended review 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 extended review or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether the management commentary provides the information required under the Danish Financial Statements Act. 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. On 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. Other operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary activities, including administration fees.2089522351Erklæring om udvidet gennemgang38720221668513906091704186The accounting policies applied to these financial statements are consistent with those applied last year.. State Authorised Public AccountantAnders Rasmussen79 12 84 442017-01-012017-12-312016-12-312016-01-01mne3431633963556Deloitte Statsautoriseret Revisionspartnerselskab