31487927 2020-10-01 2021-09-30 31487927 2019-10-01 2020-09-30 31487927 2021-09-30 31487927 2020-09-30 31487927 2020-10-01 2021-09-30 0 31487927 2019-10-01 2020-09-30 1 31487927 2020-10-01 2021-09-30 2 31487927 2019-10-01 2020-09-30 3 31487927 2020-10-01 31487927 2019-10-01 31487927 2020-10-01 2021-09-30 ifrs-full:SeparateMember 31487927 2019-10-01 2020-09-30 ifrs-full:SeparateMember 31487927 2021-09-30 ifrs-full:SeparateMember 31487927 2020-09-30 ifrs-full:SeparateMember 31487927 2020-10-01 2021-09-30 0 31487927 2020-10-01 2021-09-30 0 31487927 2020-10-01 2021-09-30 1 31487927 2020-10-01 2021-09-30 2 31487927 2020-10-01 2021-09-30 3 31487927 2020-10-01 2021-09-30 0 iso4217:DKK xbrli:shares xbrli:pure 32380000 24101000 30330000 0 5837000 0 825000 -28713000 -6510000 -22203000 -0.38 -0.38 -9000 -9000 -22212000 -27888000 5837000 13303000 401000 -39000 -8386000 -13236000 -606000 -587000 -14429000 -1702000 654000 -1062000 70000000 65594000 42779000 SameSystem A/S Rentemestervej 2 2400 København NV 31487927 Copenhagen NV 2008-06-11 2020-10-01 2021-09-30 2022-01-31 Søren Elmann Ingerslev <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">STATEMENT BY MANAGEMENT</td></tr><tr><td colspan="1">The Board of Directors and Executive</td></tr><tr><td colspan="1">Board have today considered and</td></tr><tr><td colspan="1">approved the annual report for the</td></tr><tr><td colspan="1">financial year 1.10.2020 –30.09.2021</td></tr><tr><td colspan="1">for SameSystem A/S.</td></tr><tr><td colspan="1">The consolidated financial</td></tr><tr><td colspan="1">statements have been prepared in</td></tr><tr><td colspan="1">accordance with International</td></tr><tr><td colspan="1">Financial Reporting Standards as</td></tr><tr><td colspan="1">adopted by the EU and additional</td></tr><tr><td colspan="1">requirements of the Danish Financial</td></tr><tr><td colspan="1">Statements Act.</td></tr><tr><td colspan="1">The Parent’s financial statements</td></tr><tr><td colspan="1">have been prepared in accordance</td></tr><tr><td colspan="1">with the Danish Financial statements</td></tr><tr><td colspan="1">Act.</td></tr><tr><td colspan="1">In our opinion, the consolidated</td></tr><tr><td colspan="1">financial statements and the financial</td></tr><tr><td colspan="1">statements for the parent company</td></tr><tr><td colspan="1">give a true and fair view of the</td></tr><tr><td colspan="1">Group’s and parent company’s</td></tr><tr><td colspan="1">assets, liabilities and financial</td></tr><tr><td colspan="1">position as at 30.09.2021 and of the</td></tr><tr><td colspan="1">results of the Group’s activities and</td></tr><tr><td colspan="1">cash flows for the financial year</td></tr><tr><td colspan="1">01.10.2020 –30.09.2021.</td></tr><tr><td colspan="1">We believe that the management</td></tr><tr><td colspan="1">commentary contains a fair review of</td></tr><tr><td colspan="1">the affairs and conditions referred to</td></tr><tr><td colspan="1">therein.</td></tr><tr><td colspan="1">The annual report is submitted for</td></tr><tr><td colspan="1">adoption at the Annual General</td></tr></table> Copenhagen NV 2022-01-14 <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">INDEPENDENT AUDITOR’S REPORT</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">To the Shareholders of SameSystem A/S</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Opinion</td></tr><tr><td colspan="1">We have audited the Consolidated</td></tr><tr><td colspan="1">Financial Statements and the Parent</td></tr><tr><td colspan="1">Company Financial Statements of</td></tr><tr><td colspan="1">SameSystem A/S for the financial year 1</td></tr><tr><td colspan="1">October 2020 -30 September 2021,</td></tr><tr><td colspan="1">which comprise income statement and</td></tr><tr><td colspan="1">statement of comprehensive income,</td></tr><tr><td colspan="1">balance sheet, statement of changes in</td></tr><tr><td colspan="1">equity, cash flow statement, notes and a</td></tr><tr><td colspan="1">summary of significant accounting</td></tr><tr><td colspan="1">policies, for both the Group and the</td></tr><tr><td colspan="1">Parent Company.</td></tr><tr><td colspan="1">The Consolidated Financial Statements</td></tr><tr><td colspan="1">are prepared in accordance with the</td></tr><tr><td colspan="1">International Financial Reporting</td></tr><tr><td colspan="1">Standards as adopted by the EU and</td></tr><tr><td colspan="1">additional requirements in the Danish</td></tr><tr><td colspan="1">Financial Statements Act, and the Parent</td></tr><tr><td colspan="1">Company Financial Statements are</td></tr><tr><td colspan="1">prepared under the Danish Financial</td></tr><tr><td colspan="1">Statements Act.</td></tr><tr><td colspan="1">In our opinion, the Consolidated Financial</td></tr><tr><td colspan="1">Statements give a true and fair view of the</td></tr><tr><td colspan="1">financial position of the Group at 30</td></tr><tr><td colspan="1">September 2021, and of the results of the</td></tr><tr><td colspan="1">Group operations and cash flows for the</td></tr><tr><td colspan="1">financial year 1 October 2020 -30</td></tr><tr><td colspan="1">September 2021 in accordance with the</td></tr><tr><td colspan="1">International Financial Reporting</td></tr><tr><td colspan="1">Standards as adopted by the EU and</td></tr><tr><td colspan="1">additional requirements in the Danish</td></tr><tr><td colspan="1">Financial Statements Act. Further in our</td></tr><tr><td colspan="1">opinion the Parent Company Financial</td></tr><tr><td colspan="1">Statements give a true and fair view of the</td></tr><tr><td colspan="1">financial position of the Parent Company</td></tr><tr><td colspan="1">at 30 September 2021 and of the result of</td></tr><tr><td colspan="1">the Parent Company’s operations for the</td></tr><tr><td colspan="1">financial year 1 October 2020 -30</td></tr><tr><td colspan="1">September 2021 in accordance with the</td></tr><tr><td colspan="1">Danish Financial Statements Act.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Basis for Opinion</td></tr><tr><td colspan="1">We conducted our audit in accordance</td></tr><tr><td colspan="1">with International Standards on Auditing</td></tr><tr><td colspan="1">(ISAs) and the additional requirements</td></tr><tr><td colspan="1">applicable in Denmark. Our</td></tr><tr><td colspan="1">responsibilities under those standards</td></tr><tr><td colspan="1">and requirements are further described in</td></tr><tr><td colspan="1">the “Auditor’s Responsibilities for the Audit</td></tr><tr><td colspan="1">of the Consolidated Financial Statements</td></tr><tr><td colspan="1">and the Parent Company Financial</td></tr><tr><td colspan="1">Statements” section of our report. We are</td></tr><tr><td colspan="1">independent of the Group in accordance</td></tr><tr><td colspan="1">with the International Ethics Standards</td></tr><tr><td colspan="1">Board for Accountants’ Code of Ethics for</td></tr><tr><td colspan="1">Professional Accountants (IESBA Code)</td></tr><tr><td colspan="1">and the additional requirements</td></tr><tr><td colspan="1">applicable in Denmark, and we have</td></tr><tr><td colspan="1">fulfilled our other ethical responsibilities</td></tr><tr><td colspan="1">in accordance with these requirements.</td></tr><tr><td colspan="1">We believe that the audit evidence we</td></tr><tr><td colspan="1">have obtained is sufficient and</td></tr><tr><td colspan="1">appropriate to provide a basis for our</td></tr><tr><td colspan="1">opinion.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Statement on Management’s Review</td></tr><tr><td colspan="1">Management is responsible for</td></tr><tr><td colspan="1">Management’s Review.</td></tr><tr><td colspan="1">Our opinion on the Consolidated Financial</td></tr><tr><td colspan="1">Statements and the Parent Company</td></tr><tr><td colspan="1">Financial Statements does not cover</td></tr><tr><td colspan="1">Management’s Review, and we do not</td></tr><tr><td colspan="1">express any form of assurance conclusion</td></tr><tr><td colspan="1">thereon.</td></tr><tr><td colspan="1">In connection with our audit of the</td></tr><tr><td colspan="1">Consolidated Financial Statements and</td></tr><tr><td colspan="1">the Parent Company Financial Statements,</td></tr><tr><td colspan="1">our responsibility is to read Management’s</td></tr><tr><td colspan="1">Review and, in doing so, consider whether</td></tr><tr><td colspan="1">Management’s Review is materially</td></tr><tr><td colspan="1">inconsistent with the Consolidated</td></tr><tr><td colspan="1">Financial Statements or the Parent</td></tr><tr><td colspan="1">Company Financial Statements or our</td></tr><tr><td colspan="1">knowledge obtained during the audit, or</td></tr><tr><td colspan="1">otherwise appears to be materially</td></tr><tr><td colspan="1">misstated.</td></tr><tr><td colspan="1">Moreover, it is our responsibility to</td></tr><tr><td colspan="1">consider whether Management’s Review</td></tr><tr><td colspan="1">provides the information required under</td></tr><tr><td colspan="1">the Danish Financial Statements Act.</td></tr><tr><td colspan="1">Based on the work we have performed,</td></tr><tr><td colspan="1">we conclude that Management’s Review is</td></tr><tr><td colspan="1">in accordance with the Consolidated</td></tr><tr><td colspan="1">Financial Statements and the Parent</td></tr><tr><td colspan="1">Company Financial Statements and has</td></tr><tr><td colspan="1">been prepared in accordance with the</td></tr><tr><td colspan="1">requirements of the Danish Financial</td></tr><tr><td colspan="1">Statements Act. We did not identify any</td></tr><tr><td colspan="1">material misstatement of Management’s</td></tr><tr><td colspan="1">Review.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Management’s Responsibilities for the Consolidated Financial Statements and the Parent Company Financial Statements</td></tr><tr><td colspan="1">Management is responsible for the</td></tr><tr><td colspan="1">preparation of Consolidated Financial</td></tr><tr><td colspan="1">Statements and Parent Company Financial</td></tr><tr><td colspan="1">Statements that give a true and fair view</td></tr><tr><td colspan="1">in accordance with the International</td></tr><tr><td colspan="1">Financial Reporting Standards as adopted</td></tr><tr><td colspan="1">by the EU and additional requirements in</td></tr><tr><td colspan="1">the Danish Financial Statements Act, and</td></tr><tr><td colspan="1">for such internal control as Management</td></tr><tr><td colspan="1">determines is necessary to enable the</td></tr><tr><td colspan="1">preparation of Consolidated Financial</td></tr><tr><td colspan="1">Statements and Parent Company Financial</td></tr><tr><td colspan="1">Statements that are free from material</td></tr><tr><td colspan="1">misstatement, whether due to fraud or</td></tr><tr><td colspan="1">error.</td></tr><tr><td colspan="1">In preparing the Consolidated Financial</td></tr><tr><td colspan="1">Statements and the Parent Company</td></tr><tr><td colspan="1">Financial Statements, Management is</td></tr><tr><td colspan="1">responsible for assessing the Group’s and</td></tr><tr><td colspan="1">the Parent Company’s ability to continue</td></tr><tr><td colspan="1">as a going concern, disclosing, as</td></tr><tr><td colspan="1">applicable, matters related to going</td></tr><tr><td colspan="1">concern and using the going concern</td></tr><tr><td colspan="1">basis of accounting in preparing the</td></tr><tr><td colspan="1">Consolidated Financial Statements and</td></tr><tr><td colspan="1">the Parent Company Financial Statements</td></tr><tr><td colspan="1">unless Management either intends to</td></tr><tr><td colspan="1">liquidate the Group or the Company or to</td></tr><tr><td colspan="1">cease operations, or has no realistic</td></tr><tr><td colspan="1">alternative but to do so.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements and the Parent Company Financial Statements</td></tr><tr><td colspan="1">Our objectives are to obtain reasonable</td></tr><tr><td colspan="1">assurance about whether the</td></tr><tr><td colspan="1">Consolidated Financial Statements and the</td></tr><tr><td colspan="1">Parent Company Financial Statements as a</td></tr><tr><td colspan="1">whole are free from material</td></tr><tr><td colspan="1">misstatement, whether due to fraud or</td></tr><tr><td colspan="1">error, and to issue an auditor’s report that</td></tr><tr><td colspan="1">includes our opinion. Reasonable</td></tr><tr><td colspan="1">assurance is a high level of assurance, but</td></tr><tr><td colspan="1">is not a guarantee that an audit conducted</td></tr><tr><td colspan="1">in accordance with ISAs and the additional</td></tr><tr><td colspan="1">requirements applicable in Denmark will</td></tr><tr><td colspan="1">always detect a material misstatement</td></tr><tr><td colspan="1">when it exists. Misstatements can arise</td></tr><tr><td colspan="1">from fraud or error and are considered</td></tr><tr><td colspan="1">material if, individually or in the aggregate,</td></tr><tr><td colspan="1">they could reasonably be expected to</td></tr><tr><td colspan="1">influence the economic decisions of users</td></tr><tr><td colspan="1">taken on the basis of these Consolidated</td></tr><tr><td colspan="1">Financial Statements and Parent Company</td></tr><tr><td colspan="1">Financial Statements.</td></tr><tr><td colspan="1">As part of an audit conducted in</td></tr><tr><td colspan="1">accordance with ISAs and the additional</td></tr><tr><td colspan="1">requirements applicable in Denmark, we</td></tr><tr><td colspan="1">exercise professional judgment and</td></tr><tr><td colspan="1">maintain professional skepticism</td></tr><tr><td colspan="1">throughout the audit. We also</td></tr><tr><td colspan="1">• Identify and assess the risks of material</td></tr><tr><td colspan="1">misstatement of the Consolidated</td></tr><tr><td colspan="1">Financial Statements and the Parent</td></tr><tr><td colspan="1">Company Financial Statements, whether</td></tr><tr><td colspan="1">due to fraud or error, design and perform</td></tr><tr><td colspan="1">audit procedures responsive to those</td></tr><tr><td colspan="1">risks, and obtain audit evidence that is</td></tr><tr><td colspan="1">sufficient and appropriate to provide a</td></tr><tr><td colspan="1">basis for our opinion. The risk of not</td></tr><tr><td colspan="1">detecting a material misstatement</td></tr><tr><td colspan="1">resulting from fraud is higher than for one</td></tr><tr><td colspan="1">resulting from error as fraud may involve</td></tr><tr><td colspan="1">collusion, forgery, intentional omissions,</td></tr><tr><td colspan="1">misrepresentations, or the override of</td></tr><tr><td colspan="1">internal control.</td></tr><tr><td colspan="1">• Obtain an understanding of internal</td></tr><tr><td colspan="1">control relevant to the audit in order to</td></tr><tr><td colspan="1">design audit procedures that are</td></tr><tr><td colspan="1">appropriate in the circumstances, but not</td></tr><tr><td colspan="1">for the purpose of expressing an opinion</td></tr><tr><td colspan="1">on the effectiveness of the Group’s and</td></tr><tr><td colspan="1">the Parent Company’s internal control.</td></tr><tr><td colspan="1">• Evaluate the appropriateness of</td></tr><tr><td colspan="1">accounting policies used and the</td></tr><tr><td colspan="1">reasonableness of accounting estimates</td></tr><tr><td colspan="1">and related disclosures made by</td></tr><tr><td colspan="1">Management.</td></tr><tr><td colspan="1">• Conclude on the appropriateness of</td></tr><tr><td colspan="1">Management’s use of the going concern</td></tr><tr><td colspan="1">basis of accounting in preparing the</td></tr><tr><td colspan="1">Consolidated Financial Statements and the</td></tr><tr><td colspan="1">Parent Company Financial Statements and,</td></tr><tr><td colspan="1">based on the audit evidence obtained,</td></tr><tr><td colspan="1">whether a material uncertainty exists</td></tr><tr><td colspan="1">related to events or conditions that may</td></tr><tr><td colspan="1">cast significant doubt on the Group’s and</td></tr><tr><td colspan="1">the Parent Company’s ability to continue</td></tr><tr><td colspan="1">as a going concern. If we conclude that a</td></tr><tr><td colspan="1">material uncertainty exists, we are</td></tr><tr><td colspan="1">required to draw attention in our auditor’s</td></tr><tr><td colspan="1">report to the related disclosures in the</td></tr><tr><td colspan="1">Consolidated Financial Statements and the</td></tr><tr><td colspan="1">Parent Company Financial Statements or,</td></tr><tr><td colspan="1">if such disclosures are inadequate, to</td></tr><tr><td colspan="1">modify our opinion. Our conclusions are</td></tr><tr><td colspan="1">based on the audit evidence obtained up</td></tr><tr><td colspan="1">to the date of our auditor’s report.</td></tr><tr><td colspan="1">However, future events or conditions may</td></tr><tr><td colspan="1">cause the Group and the Company to</td></tr><tr><td colspan="1">cease to continue as a going concern.</td></tr><tr><td colspan="1">• Evaluate the overall presentation,</td></tr><tr><td colspan="1">structure and contents of the</td></tr><tr><td colspan="1">Consolidated Financial Statements and the</td></tr><tr><td colspan="1">Parent Company Financial Statements,</td></tr><tr><td colspan="1">including the disclosures, and whether the</td></tr><tr><td colspan="1">Consolidated Financial Statements and the</td></tr><tr><td colspan="1">Parent Company Financial Statements</td></tr><tr><td colspan="1">represent the underlying transactions and</td></tr><tr><td colspan="1">events in a manner that gives a true and</td></tr><tr><td colspan="1">fair view.</td></tr><tr><td colspan="1">• Obtain sufficient appropriate audit</td></tr><tr><td colspan="1">evidence regarding the financial</td></tr><tr><td colspan="1">information of the entities or business</td></tr><tr><td colspan="1">activities within the Group to express an</td></tr><tr><td colspan="1">opinion on the Consolidated Financial</td></tr><tr><td colspan="1">Statements. We are responsible for the</td></tr><tr><td colspan="1">direction, supervision and performance of</td></tr><tr><td colspan="1">the group audit. We remain solely</td></tr><tr><td colspan="1">responsible for our audit opinion.</td></tr><tr><td colspan="1">We communicate with those charged with</td></tr><tr><td colspan="1">governance regarding, among other</td></tr><tr><td colspan="1">matters, the planned scope and timing of</td></tr><tr><td colspan="1">the audit and significant audit findings,</td></tr><tr><td colspan="1">including any significant deficiencies in</td></tr><tr><td colspan="1">internal control that we identify during our</td></tr><tr><td colspan="1">audit.</td></tr></table> Copenhagen 2022-01-14 Årsrapport 20222670 BDO Statsautoriseret Revisionsaktieselskab Kystvejen 29 8000 Aarhus C 2019-10-01 2020-09-30 Revisionspåtegning Grundlag for konklusion Konklusion 94 30170000 10100000 12124000 1272000 4779000 77000 243000 4272000 1026000 3246000 6.28 6.28 0 0 3246000 4438000 4779000 2457000 0 0 11674000 -10121000 -127000 0 -10249000 -1142000 0 0 0 -1309000 116000 29700000 967000 12586000 893000 2562000 46708000 37000 964000 0 96000 649000 43190000 44936000 91644000 671000 23413000 35721000 59805000 9823000 0 393000 10216000 0 2950000 4178000 28000 14467000 21623000 31838000 91644000 20588000 454000 2488000 327000 503000 24360000 0 1859000 654000 13000 44000 411000 2981000 27341000 517000 0 12724000 13241000 1097000 4516000 1455000 7067000 0 1536000 918000 0 4579000 7033000 14100000 27341000 Financial income/expenses -825000 Financial income/expenses -167000 Transaction costs from capital increase -1471000 Transaction costs from capital increase 0 411000 295000 -955000 23492000 4148000 0 596000 -29191000 -6577000 -22614000 19264000 11163000 3654000 77000 52000 4471000 984000 3486000 29700000 626000 71000 734000 2562000 33693000 37000 960000 375000 0 67000 589000 42995000 45023000 78716000 671000 35741000 23413000 59825000 0 0 393000 393000 5154000 13344000 18498000 18891000 78716000 20588000 43000 49000 168000 0 20848000 0 1859000 376000 654000 0 0 198000 3087000 23936000 517000 -2908000 16059000 13668000 4016000 4016000 1455000 1455000 1438000 3360000 4798000 10268000 23936000 Henrik Peter Salicath CEO Søren Elmann Ingerslev Chairman Thomas Bo á Porta Board Member Birgitte Nielsen Board Member Hans Henrik Hoffmeyer Board Member BDO Statsautoriseretrevisionsaktieselskab 20222670 Morten Christensen State AuthorisedPublic Accountant mne35626