NeuroReTrain ApSNiels Jernes Vej 109220 Aalborg Øst25903323Årsrapport2019-05-29Julie NielsenNeuroReTrain ApSNiels Jernes Vej 109220 Aalborg ØstIngen bistand9635450096354599259033232001-01-05Aalborg2018-01-012018-12-312017-01-012017-12-31Spar Nord BankSkelagervej159000AalborgAalborg2019-05-28Zlatko MatjacicThor JespersenChairmanZlatko MatjacicThomas Sinkjær14487215049433407548801444521496143219233555112260116059135971116000-2371159206082501321131220819253253186323176773394513430021785561785560237111359711160003145273182677151339162091539680008000249242473524924247353394513430023221433396-22159321923355517855623711116000-116000-237111359711785560135971Regnskabsklasse BfalsetrueToday the Board of Directors and Board of Executives have discussed and approved the Annual Report of NeuroReTrain ApS for the year 1 January - 31 December 2018. The Annual Report is presented in accordance with the Danish Financial Statements Act. In our opinion the Financial Statements give a true and fair view of the the Company's financial position at 31 December 2018 and of the results of the the Company's operations for the financial year 1 January - 31 December 2018. The Management's Review includes in our opinion a fair presentation of the matters dealt with in the review. The board of directors and board of executives remain of the opinion that the conditions for opting out of audit have been fulfilled. We recommend the Annual Report be approved at the Annual General Meeting. Principal activities The company has sold the product rights to a equipment to therapeutic training. The company receives royalty revenues of the revenues. Development in activities and financial position The results of the Company's operations during the year under review and the Company's financial position at the end of the fiscal year appear from the income statement and balance sheet. Profit for the year amounts to DKK 112.260. Subsequently, stockholders' equity amounts to DKK 314.527. Significant events after the end of the financial year No events have occurred after the end of the financial year of material importance for the company's financial position. Tax on profit/loss for the year 1 Calculated tax on taxable income of the year 32.214 33.396 Adjustment of tax for previous years -22 159 32.192 33.555 Equity 2 Share capital Retained profit Proposed dividend Total Equity at 1 January 2018 178.556 23.711 116.000 318.267 Dividend paid -116.000 -116.000 Proposed distribution of profit -23.711 135.971 112.260 Equity at 31 December 2018 178.556 0 135.971 314.527 The annual report of NeuroReTrain ApS for 2018 has been presented in accordance with the provisions of the Danish Financial Statements Act for enterprises in reporting class B. Regnskabsklasse B false true The Annual Report is prepared consistently with the accounting principles used last year. Net revenue Net revenue from sale of merchandise and finished goods is recognised in the Income Statement if supply and risk transfer to purchaser has taken place before the end of the year and if the income can be measured reliably and is expected to be received. Net revenue is recognised exclusive of VAT, duties and less discounts related to the sale. Other external expenses Other external expenses include cost of administration etc. Financial income and expenses in general Financial income and expenses include interest income and expenses, realised and unrealised gains and losses arising from debt and transactions in foreign currencies etc. Financial income and expenses are recognised in the income statement by the amounts that relate to the financial year. Tax on profit for the year The tax for the year, which consists of the current tax for the year and changes in deferred tax, is recognised in the income statement by the portion that may be attributed to the profit for the year, and is recognised directly in the equity by the portion that may be attributed to entries directly to the equity. Receivables Receivables are measured at amortised cost which usually corresponds to nominal value. The value is reduced by write-down to meet expected losses. Tax payable and deferred tax Current tax liabilities and receivable current tax are recognised in the balance sheet as the calculated tax on the taxable income for the year, adjusted for tax on the taxable income for previous years and taxes paid on account. Deferred tax is measured on the temporary differences between the carrying amount and the tax value of assets and liabilities. Deferred tax assets, including the tax value of tax loss carry-forwards, are measured at the expected realisable value of the asset, either by set-off against tax on future earnings or by set-off against deferred tax liabilities within the same legal tax entity. Deferred tax is measured on the basis of the tax rules and tax rates that under the legislation in force on the balance sheet date would be applicable when the deferred tax is expected to crystallise as current tax. Any changes in the deferred tax resulting from changes in tax rates, are recognised in the income statement, except from items recognised directly in equity. Liabilities Accruals recognised as liabilities include payments received regarding income in subsequent years. 259033232018-12-31259033232017-12-31259033232018-01-012018-12-31259033232017-01-012017-12-31259033232018-01-012018-12-31f:ProposedDividendRecognisedInEquityMember259033232017-01-012017-12-31f:ProposedDividendRecognisedInEquityMember259033232018-01-012018-12-31f:RetainedEarningsMember259033232017-01-012017-12-31f:RetainedEarningsMember259033232018-01-01f:ContributedCapitalMember259033232018-12-31f:ContributedCapitalMember259033232018-01-01f:RetainedEarningsMember259033232018-01-012018-12-31f:RetainedEarningsMember259033232018-12-31f:RetainedEarningsMember259033232018-01-01f:ProposedExtraordinaryDividendRecognisedInEquityMember259033232018-01-012018-12-31f:ProposedExtraordinaryDividendRecognisedInEquityMember259033232018-12-31f:ProposedExtraordinaryDividendRecognisedInEquityMember259033232018-01-012018-12-311259033232018-01-012018-12-311259033232018-01-012018-12-312259033232018-01-012018-12-313iso4217:DKK