39841649 2022-01-01 2022-12-31 39841649 2022-01-01 2022-12-31 auditor_1 39841649 2022-01-01 2022-12-31 memberOfBoardIdentifier_1 39841649 2021-01-01 2021-12-31 39841649 2022-01-01 2022-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMember 39841649 2021-01-01 2021-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMember 39841649 2022-01-01 2022-12-31 fsa:ProposedDividendRecognisedInEquityMember 39841649 2021-01-01 2021-12-31 fsa:ProposedDividendRecognisedInEquityMember 39841649 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 39841649 2021-01-01 2021-12-31 fsa:RetainedEarningsMember 39841649 2022-12-31 39841649 2021-12-31 39841649 2021-12-31 fsa:ContributedCapitalMember 39841649 2021-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMember 39841649 2021-12-31 fsa:RetainedEarningsMember 39841649 2021-12-31 fsa:ProposedDividendRecognisedInEquityMember 39841649 2022-01-01 2022-12-31 fsa:ProposedDividendRecognisedInEquityMember 39841649 2022-01-01 2022-12-31 fsa:ContributedCapitalMember 39841649 2022-01-01 2022-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMember 39841649 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 39841649 2022-12-31 fsa:ContributedCapitalMember 39841649 2022-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMember 39841649 2022-12-31 fsa:RetainedEarningsMember 39841649 2022-12-31 fsa:ProposedDividendRecognisedInEquityMember 39841649 2021-12-31 fsa:ParticipatingInterestsMember 39841649 2022-12-31 fsa:ParticipatingInterestsMember 39841649 2022-01-01 2022-12-31 fsa:ParticipatingInterestsMember iso4217:DKK pure Årsrapport 2022-01-01 2021-01-01 2022-12-31 2021-12-31 2023-06-29 39841649 2023-06-29 2018-09-07 Reporting class B KPMG P/S 2100 København Ø Dampfærgevej 28 25578198 Auditor's reports (Other non-assurance reports) Copenhagen 2023-06-29 KPMG 25578198 true Andreas Pagh Rasmussen The Executive Board has today discussed and approved the annual report for Andreas Pagh Holding ApS for the financial year 1 January - 31 December 2022. The annual report, which has not been audited, is presented in accordance with the Danish Financial Statements Act. In my opinion, the financial statements give a true and fair view of the Company's assets, liabilities and financial position at 31 December 2022 and of the results of the Company's operations for the financial year 1 January - 31 December 2022.Further, in my opinion, the Management's review gives a fair review of the matters discussed in the Management's review. I recommend that the annual report be approved at the annual general meeting. Management confirms that the Company fulfils the requirement to be exempt from audit. Andreas Pagh Rasmussen CEO Auditor's report on compilation of financial statements To the Management of Andreas Pagh Holding ApS We have compiled the financial statements of Andreas Pagh Holding ApS for the financial year 1 January - 31 December 2022 based on the Company's bookkeeping records and other information provided by you.The financial statements comprise income statement, balance sheet, statement of changes in equity and notes, including accounting policies.We performed our work in accordance with ISRS 4410 Compilation Engagements.We have applied our professional expertise in accounting and financial reporting to assist you in the preparation and presentation of these financial statements in accordance with the Danish Financial Statements Act. We have complied with relevant provisions of the Auditor Act, including the requirements for independence, and International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code), which is based on fundamental principles of integrity, objectivity, professional competence and due care.These financial statements and the accuracy and completeness of the information used to compile them are your responsibility. Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information you provided to us to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion as to whether these financial statements are prepared in accordance with the Danish Financial Statements Act. Morten Høgh-Petersen mne34283 Andreas Pagh Holding ApS Snogholmvej 11 DK-2750 Ballerup Ballerup Principal activities The main activity of the company is to hold shares and act as a holding company. Events after the balance sheet date No events have occurred after the balance sheet date of material importance to the annual report for 2022. Development in activities and financial position The Company's income statement for 2022 shows a profit of DKK 877,593 as against a profit of DKK 1,681,622 in 2021. Equity in the Company's balance sheet at 31 December 2022 stood at DKK 3,585,281 as against DKK 2,907,688 at 31 December 2021. -1980 -6144 882913 1508944 0 180000 3340 1178 877593 1681622 0 0 877593 1681622 882913 1546185 0 200000 -5320 135437 2733800 2525887 2733800 2525887 96716 171716 757085 217405 853801 389121 3587601 2915008 50000 50000 2716800 2508887 818481 148801 0 200000 3585281 2907688 2320 7320 3587601 2915008 50000 2508887 148801 200000 -200000 0 882913 -5320 0 -675000 675000 50000 2716800 818481 0 The annual report of Andreas Pagh Holding ApS for 2022 has been prepared in accordance with the provisions applying to reporting class B entities under the Danish Financial Statements Act with opt-in from higher reporting classes.The accounting policies used in the preparation of the financial statements are consistent with those of last year.The comparative figures have been adjusted to align with current year accounting. Other external costs Other external costs comprise costs for administrative services Income from equity investments in participating interests The proportionate share of the individual participating interests' profit/loss after tax is recognised in the Parent Company's income statement after elimination of a proportionate share of intra-group gains/losses and amortisation of goodwill. Financial income and expenses Financial income and expenses comprise interest income and expense. Investments Equity investments in participating interest are measured at the proportionate share of the entities' net asset value calculated in accordance with the Parent Company's accounting policies plus or minus unrealised intra-group gains or losses and plus or minus the residual valie calculated in accordance with the acquisition method. Receivables Receivables are measured at amortised cost. Cash at bank and in hand Cash at bank and in hand comprise cash and bank deposits. EquityNet revaluation reserve according to the equity methodNet revaluation reserve according to the equity method comprises net revaluation of equity investments in subsidiaries and associates in proportion to cost.Dividends The expected dividend payment for the year is disclosed as a separate item under equity. Liabilities Liabilities are measured at amortised cost. 0 0 0 180000 17000 17000 2508887 882913 -675000 2716800 2733800