40071237 2023-01-01 2023-12-31 fsa:RetainedEarningsMember 40071237 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 40071237 2023-01-01 2023-12-31 40071237 2023-12-31 40071237 2022-01-01 2022-12-31 40071237 2022-12-31 40071237 2023-01-01 2023-12-31 1 40071237 2023-01-01 2023-12-31 1 iso4217:DKK xbrli:pure 2023-01-01 2023-12-31 2024-03-12 2024-03-12 2024-03-12 København K inforevision statsautoriseret revisionsaktieselskab 2860 Søborg Briota ApS Buddingevej 312 Danneskiold-Samsøes Allé 41 1434 Søborg 40071237 2022-01-01 2022-12-31 The company's primary activities is to develop software and hardware solutions and provide information technology solutions and services in the field of digital healthcare, to treat chronic conditions such as asthma or other diseases. The results of the company's activities in the financial year amounted to a profit/loss of DKK 173.703 against DKK -68.116 in last financial year. The equity at the balance sheet date amounted to DKK 135.608. Management consider the results as satisfactory. The Executive Board have today considered and adopted the annual report for 1 January 2023 - 31 December 2023 for Briota ApS. The annual report is prepared in accordance with the Danish Financial Statements Act. In my opinion, the financial statements give a true and fair view of the the company's financial position at 31 December 2023 and of the results of its operations for the financial year 1 January 2023 - 31 December 2023. I believe that the Management's review contains a fair review of the affairs and conditions referred to therein. I still consider that the conditions to refrain audit are fulfilled. I recommend that the annual report be adopted at the Annual General Meeting. We have prepared the financial statements of Briota ApS for the financial year 1 January 2023 - 31 December 2023 on basis of the company's bookkeeping as well as other information provided by management. The financial statements comprise a summary of significant accounting policies, income statement, balance sheet, statement of changes in equity and notes. We have carried out the engagement in accordance with ISRS 4410, Compilation Engagements. We have applied our professional expertise to assist management in the preparation and presentation of the financial statements in accordance with the Danish Financial Statement Act. We have complied with the relevant provisions of the Danish Act on Registered and State-Authorised Public Accountants and the International Ethics Standards Board for Accountants' International Code of Ethics for Professional Accountants (IESBA Code) including principles of integrity, objectivity, professional competence and due care. The financial statements and the accuracy and completeness of the information used to compile the financial statements are management's responsibility. Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information provided to us by management to compile the financial statements. Accordingly, we do not express an audit opinion or a review conclusion on whether the financial statements are prepared in accordance with the Danish Financial Statement Act. The annual report has been prepared in accordance with Danish financial statement legislation as well as generally accepted accounting principles. The annual report has been prepared in accordance with the provisions of the Danish Financial Statements Act governing Reporting class B.Some provisions from reporting class C has been adopted.The accounting policies have not been changed from last year. The financial statements have been prepared based on historical cost.The income is recognised in the income statement as earned. Furthermore, value adjustments of financial assets and liabilities measured at fair value or amortised cost are recognised. 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 flow 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 will flow out of the company, and the value of the liability can be measured reliably.Assets and liabilities are initially 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 maturity period. Amortised cost is calculated as original cost less any repayments and with addition/deduction of the cumulative amortisation of any difference between cost and the nominal amount. In this way, capital losses and gains are allocated over the maturity period.Recognition and measurement take into account predictable losses and risks occurring before the presentation of the annual report which confirm or invalidate affairs and conditions existing at the balance sheet date.The functional currency is Danish Kroner. All other currencies are considered foreign currencies. During the year, transactions in foreign currencies have been translated applying the exchange rate at the transaction date. If currency positions are considered hedge of future cash flows, the value adjustments are recognised directly in equity.Receivables and debt denominated in foreign currencies have been recognised at the exchange rate of the balance sheet date.Realised and unrealised exchange gains and losses have been recognised in the income statement under other financial income and expenses. Gross profit/loss includes "Revenue""Cost of sales""Other operating income""External expenses". As income recognition criterion, the production criterion is applied so that revenue comprises the invoiced revenue for the year reduced by prepayments and with addition for work in progress measured at market value. Revenue is measured at fair value excl. VAT and less granted discounts. Cost of sales comprise expenses incurred to earn revenue for the year including raw materials and consumables used in the year. Other operating income comprises income of a secondary nature as viewed in relation to the company's primary activities, including payments received from public authorities. External expenses comprises Selling costsCost of premisesAdministrative expenses. Staff costs include wages and salaries including holiday pay and pensions and other social security costs etc. to the company's employees. Financial expenses is recognised with amounts concerning the the financial year. Financial expenses comprise interest, as well as interest surcharge under the Danish Tax Prepayment Scheme. Tax on profit or loss for the year represents 22% of the book profit or loss adjusted for non-taxable and non-deductible items. Tax on profit or loss for the year consists of the anticipated tax portion of the taxable income for the year adjusted for the changes for the year in deferred tax. Changes in deferred taxes due to adjustments of tax rates is recognised in the income statement. Tax on profit or loss for the year is recognised in the income statement by the portion attributable to the profit or loss for the year and recognised directly in equity by the portion attributable to entries directly in equity. The company is subject to the Danish Tax Prepayment Scheme. Interest reimbursement and interest surcharge have been recognised in financial income and expenses. The balance sheet has been presented in account form. Receivables are measured in the balance sheet at the lower of amortised cost and net realisable value, which corresponds to nominal value less provisions for bad debts. Provisions for bad debts are determined on the basis of an individual assessment of each receivable. Deferred tax is measured using the balance sheet liability method. Provision has been made for deferred tax by 22% on all temporary differences between carrying amount and tax-based value of assets and liabilities. Deferred tax is also measures with respect of the planned use of the asset and the settlement of the liability. The tax value of the tax losses to be carried forward are included in the calculation of deferred taxes if it is probable that the losses can be used. Deferred tax assets are measured at net realisable value.The company is jointly taxed with other Danish group enterprises with Gajanan Sakhare Holding ApS as Management company. The tax effect of the joint taxation is allocated among the group enterprises in ratio to their taxable income according to the rules on full allocation with a refund for tax losses of the Danish Corporation Tax Act. Joint tax contributions between the jointly taxed companies which have not been settled at the balance sheet date are classified as joint tax contributions in receivables or liabilities other than provisions. Financial debts are recognised initially at the proceeds received net of transaction expenses incurred, which are directly related with the loan. In subsequent years, financial debts are measured at amortised cost equal to the capitalised value using the effective interest rate. The difference between the proceeds and the nominal value is recognised in the income statement over the loan period. Short-term debts are measured at amortised cost, substantially corresponding to nominal value. 1057526 -41934 833247 42829 1236 2031 223043 -86794 49340 -18678 173703 -68116 173703 -68116 46503 8074 0 38415 46503 46489 196109 20622 242612 67111 242612 67111 40000 40000 95608 -78095 135608 -38095 0 0 0 0 0 85566 0 85566 15000 15000 23466 0 10925 0 57613 4640 107004 19640 107004 105206 242612 67111 STATEMENT OF CHANGES IN EQUITY Contributed capital Retained earnings Total DKK DKK DKK Equity at 1 January 2022 40.000 -69.980 -29.980 Group contribution 60.001 60.001 Distributed profit/loss for the year -68.116 -68.116 Equity at 1 January 2023 40.000 -78.095 -38.095 Distributed profit/loss for the year 173.703 173.703 Equity at 31 December 2023 40.000 95.608 135.608 801611 39811 15357 568 16279 2450 3 1 STAFF COSTS 2023 2022 DKK DKK Wages and salaries 801.611 39.811 Other social security costs 15.357 568 Other staff cost 16.279 2.450 Total 833.247 42.829 Average number of full-time employees 3 1 TAX EXPENSE Corporation tax Deferred tax Tax on profit/loss for the year 2022 DKK DKK DKK DKK Payables at 1 January 2023 0 -38.415 Tax on profit/loss for the year 10.925 38.415 49.340 -18.678 Payables at 31 December 2023 10.925 0 Tax on profit/loss for the year recognised in the income statement 49.340 -18.678 Recognition in balance sheet: Short-term payables 10.925 Total 10.925 0 LONG-TERM LIABILITIES 31/12‑2023 31/12‑2022 DKK DKK Liabilities in total: Other payables 0 85.566 Total 0 85.566 Regnskabsklasse B Årsrapport Andre erklæringer uden sikkerhed Gajanan Devidas Sakhare Administrerende Direktør Gajanan Devidas Sakhare mne23408 Sten Pedersen inforevision statsautoriseret revisionsaktieselskab 19263096