428456042024-01-012024-12-31428456042024-01-012024-12-311428456042024-01-012024-12-311428456042024-01-012024-12-312428456042024-01-012024-12-313428456042024-01-012024-12-311428456042024-12-31428456042023-12-31fsa:ContributedCapitalMember428456042023-12-31fsa:RetainedEarningsMember428456042023-12-31428456042024-01-012024-12-31fsa:RetainedEarningsMember428456042024-12-31fsa:ContributedCapitalMember428456042024-12-31fsa:RetainedEarningsMember428456042023-01-012023-12-31iso4217:DKKThe Board of Directors and the Executive Board have today considered and approved the annual report of Brøndum Kær ApS for the financial year 01.01.2024 - 31.12.2024.-91316-70261The annual report is presented in accordance with the Danish Financial Statements Act.39691760In 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 - 31.12.2024.13076222884We believe that the management commentary contains a fair review of the affairs and conditions referred to therein.-218109-91385We recommend to the Annual General Meeting that the financial statements for the next financial year not be audited.-218109-91385We recommend the annual report for adoption at the Annual General Meeting.Løgstør34972982551960Michael Lind34972982551960Johannus Gunnar Egholm Hansen281864259264Chairman281864259264Thomas Lund37791622811224Michael Lind183925547864To the shareholders of Brøndum Kær ApS45000We have audited the financial statements of Brøndum Kær 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.188425547864We 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.287730145210Management 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.476155693074Our 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.425531735042985000050000Management 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 in the relevant law and regulations. We did not identify any material misstatement of the management commentary.-31658364511834286451Copenhagen03269053Bjørn Winkler Jakobsen03269053mne3212738641148794State Authorised Public Accountant41983340Primary activitiesThe primary purpose of the company is to develop, construct and operate renewable energy plants and other related activities.4236975148794Development in activities and financesThe company's income statement shows a loss of 218 t.dkk, which is on a par with expectations. The management is aware that there has been a loss of capital in the company, and that the management is responsible for ensuring that the capital resources of the company are adequate at all times, including that there is sufficient liquidity to meet the company's current and future obligations as they fall due. The management expects that the equity will be re-established in the upcoming financial year 2025 through group contributions. The Company has received a letter of support from St. Jørgen Holding A/S. On this basis Mangement considers that it is appropriate to prepare the financial statements on a going concern basis.42369753417847Events after the balance sheet dateNo events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.42553173504298This 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.50000Recognition 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.36451Gross profit or lossGross profit or loss comprises external expenses.Other external expensesOther external expenses include expenses relating to the Entity’s ordinary activities, including administrative and audit costs.150000Other financial incomeOther financial expenses comprise including interest expenses on payables to group ​enterprises, net capital or exchange losses on securities, payables and transactions in foreign currencies, ​amortisation of financial liabilities,​and tax surcharge under the Danish Tax Prepayment Scheme etc.150000Other financial expensesOther financial expenses comprise including interest expenses on payables to group enterprises, net capital or exchange losses on securities, payables and transactions in foreign currencies, amortisation of financial liabilities, and tax surcharge under the Danish Tax Prepayment Scheme etc.-218109Property, 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. ​ ​Cost includes usual costs to develop solar projects, including cost to advisors and payment for land leases. ​ ​The basis of depreciation is cost less estimated residual value after the end of useful life. Assets under construction are not depreciated.Estimated useful lives and residual values are reassessed annually. Items of property, plant and equipment are written down to the lower of recoverable amount and carrying amount.ReceivablesReceivables are measured at amortised cost, usually equalling nominal value, less writedowns for bad and doubtful debts.50000PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at cost.-31658CashCash comprises cash in hand and bank deposits.Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.1 Other financial expenses2024 DKK2023 DKKFinancial expenses from group enterprises130,76222,884130,76222,884true2 Property, plant and equipmentProperty, plant and equipment in progress DKKCost beginning of year2,551,960Additions945,338Cost end of year3,497,298Carrying amount end of year3,497,298Grundlag for konklusion3 Financial assetsOther receivables DKKCost beginning of year259,264Additions22,600Cost end of year281,864Carrying amount end of year281,864The Company has entered option agreements regarding lease of land for renewable energy projects.Konklusion4 Contingent liabilitiesThe Company participates in a Danish joint taxation system. The Company is therefore liable under the Company Tax Act's rules on income taxes, etc., for the jointly taxed companies and also for any obligations to contain withholding tax on interest, royalties and dividends for these companies.2025-06-202025-06-20true2023-01-012023-12-3133963556København S23006WeidekampsgadeDeloitte Statsautoriseret RevisionspartnerselskabVesthimmerlandsLøgstør9670Regnskabsklasse BRevisionspåtegning2024-12-312024-01-01st3ØsterbrogadeBrøndum Kær ApS42845604339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapport2025-06-20Johannus Gunnar Egholm Hansen