Årsrapport34209936Grant Thornton, Godkendt RevisionspartnerselskabStockholmsgade, 452100, København Ø2022-09-012023-08-312023-09-012024-08-3134883947Go Virtual Danmark ApSAutomatikvej12860Søborg2012-12-13SøborgGrant Thornton, Godkendt Revisionspartnerselskab34209936Steen K. Bagerstatsautoriseret revisormne28679Stockholmsgade452100København ØDanmark+45 33 110 220info@dk.gt.com2024-12-04Jan Erik WallenbergRegnskabsklasse BAndre erklæringer uden sikkerhedCaseWare fra Revisorgruppen DanmarkanpartshaverneKøbenhavn2024-12-02Søborg2024-12-021384292400000023070003889432000995356100099535610001214700098321540002186812000764534200076453420001580200015802000158020000147000592059214700010033601544000100395216910001005532169300008000080000862950786000942950866000198681000019868100000540001792066300087941100016000890004271481700062582827000100553216930008000080000800008000078649774500076453420000-1000862950786000Today, the Managing Director has approved the annual report of Go Virtual Danmark ApS for the financial year 1 September 2023 - 31 August 2024. The annual report has been prepared in accordance with the Danish Financial Statements Act. I consider the chosen accounting policy to be appropriate, and in my opinion, the financial statements give a true and fair view of the financial position of the Company at 31 August 2024 and of the results of the Company's operations for the financial year 1 September 2023 – 31 August 2024. The Managing Director consider the conditions for audit exemption of the 2023/24 financial statements to be met. Further, in my opinion, the Management's review gives a true and fair review of the matters discussed in the Management's review. We recommend that the annual report be approved at the Annual General Meeting. Jan Erik WallenbergWe have compiled the financial statements of Go Virtual Danmark ApS for the financial year 1 September 2023 - 31 August 2024 based on the company's bookkeeping and on information you have provided. These financial statements comprise income statement, balance sheet, statement of changes in equity, notes and a summary of significant accounting policies. We performed this compilation engagement in accordance with International Standard on Related Services 4410 (Revised), Compilation Engagements. We have applied our expertise in accounting and financial reporting to assist Management in the preparation and presentation of these financial statements in accordance with the Danish Financial Statements Act. We have complied with relevant requirements under the Danish Act on Approved Auditors and Audit Firms and 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. 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 on whether these financial statements are prepared in accordance with the Danish Financial Statements Act. Description of key activities of the company The activity of the company is sale of computers and software and consultancy in connection with this and other related business. Significant changes in the company's activities and financial matters The results for the year after tax totals DKK 76.500 against DKK 42.000 last year. Management considers the net profit for the year satisfactory. The annual report for Go Virtual Danmark ApS has been presented in accordance with the Danish Financial Statements Act regulations concerning reporting class B enterprises. The accounting policies are unchanged from last year, and the annual report is presented in DKK. Recognition and measurement in general Income is recognised in the income statement concurrently with its realisation, including the recognition of value adjustments of financial assets and liabilities. Likewise, all costs are recognised in the income statement, including depreciations amortisations, writedowns for impairment, provisions, and reversals due to changes in estimated amounts previously recognised in the income statement. Assets are recognised in the statement of financial position when it seems probable that future economic benefits will flow to the company and the value of the asset can be reliably measured. Liabilities are recognised in the statement of financial position when it is seems probable that future economic benefits will flow out of the company and the value of the liability can be reliably measured. Assets and liabilities are measured at cost at the initial recognition. Hereafter, assets and liabilities are measured as described below for each individual accounting item. Certain financial assets and liabilities are measured at amortised cost, allowing a constant effective interest rate to be recognised during the useful life of the asset or liability. Amortised cost is recognised as the original cost less any payments, plus/less accrued amortisations of the difference between cost and nominal amount. In this way, capital losses and gains are allocated over the useful life of the liability. Upon recognition and measurement, allowances are made for such predictable losses and risks which may arise prior to the presentation of the annual report and concern matters that exist on the reporting date. Foreign currency translation Transactions in foreign currency are translated by using the exchange rate prevailing at the date of the transaction. Differences in the rate of exchange arising between the rate at the date of transaction and the rate at the date of payment are recognised in the profit and loss account as an item under net financials. If currency positions are considered to hedge future cash flows, the value adjustments are recognised directly in equity in a fair value reserve. Receivables, payables, and other foreign currency monetary items are translated using the closing rate. The difference between the closing rate and the rate at the time of the occurrence or initial recognition in the latest financial statements of the receivable or payable is recognised in the income statement under financial income and expenses. Fixed assets acquired and paid for in foreign currency are measured at the exchange rate prevailing at the date of the transaction. Revenue Revenue is recognised in the income statement if delivery and passing of risk to the buyer have taken place before the end of the year and if the income can be determined reliably and inflow is anticipated. Revenue is measured at the fair value of the consideration promised exclusive of VAT and taxes and less any discounts relating directly to sales. Cost of sales Cost of sales comprises costs concerning purchase of raw materials and consumables less discounts and changes in inventories. Other external costs Other external costs comprise costs for sales, administration, premises etc. Net financials Net financials comprise interest, realised and unrealised capital gains and losses concerning financial assets and liabilitiesadditions and reimbursements under the Danish tax prepayment scheme, etc. Financial income and expenses are recognised in the profit and loss account with the amounts that concerns the financial year. Tax on net profit or loss for the year Tax for the year comprises the current income tax for the year and changes in deferred tax and is recognised in the income statement with the share attributable to the net profit or loss for the year and directly in equity with the share attributable to entries directly in equity. Deposits Deposits are measured at amortised cost. Debtors Debtors are measured at amortised cost which usually corresponds to face value. In order to meet expected losses, they are written down for impairment to the net realisable value. Cash and cash equivalents Cash and cash equivalents comprise cash at bank. Income tax and deferred tax Current tax liabilities and current tax receivable are recognised in the statement of financial position as calculated tax on the taxable income for the year, adjusted for tax of previous years' taxable income and for tax paid on account. Deferred tax is measured on the basis of temporary differences in assets and liabilities with a focus on the statement of financial position. Deferred tax is measured at net realisable value. Deferred tax is measured based on the tax rules and tax rates applying under the legislation prevailing in the respective countries on the reporting date when the deferred tax is expected to be released as current tax. Changes in deferred tax due to changed tax rates are recognised in the income statement, except for items included directly in the equity. Deferred tax assets, including the tax value of tax losses allowed for carryforward, are recognised at the value at which they are expected to be realisable, either by settlement against tax of future earnings or by set-off in deferred tax liabilities within the same legal tax unit. Any deferred net tax assets are measured at net realisable value. Liabilities other than provisions Other liabilities are measured at amortised cost which usually corresponds to the nominal value. 348839472023-09-012024-08-31348839472022-09-012023-08-31348839472023-08-31348839472024-08-31348839472023-09-012024-08-311348839472023-09-012024-08-311348839472023-09-01e:ContributedCapitalMember348839472024-08-31e:ContributedCapitalMember348839472023-09-01e:RetainedEarningsMember348839472023-09-012024-08-31e:RetainedEarningsMember348839472024-08-31e:RetainedEarningsMember348839472022-09-01e:ContributedCapitalMember348839472023-08-31e:ContributedCapitalMember348839472022-09-01e:RetainedEarningsMember348839472022-09-012023-08-31e:RetainedEarningsMember348839472023-08-31e:RetainedEarningsMemberiso4217:DKK