793003142024-01-012024-12-31793003142024-01-012024-12-311793003142024-01-012024-12-311793003142024-01-012024-12-312793003142024-01-012024-12-313793003142024-01-012024-12-311793003142024-12-31793003142023-12-31fsa:ContributedCapitalMember793003142023-12-31fsa:RetainedEarningsMember793003142023-12-31fsa:ProposedDividendRecognisedInEquityMember793003142023-12-31793003142024-01-012024-12-31fsa:RetainedEarningsMember793003142024-01-012024-12-31fsa:ProposedDividendRecognisedInEquityMember793003142024-12-31fsa:ContributedCapitalMember793003142024-12-31fsa:RetainedEarningsMember793003142024-12-31fsa:ProposedDividendRecognisedInEquityMember793003142024-01-012024-12-31fsa:OtherShorttermPayablesMember793003142023-01-012023-12-31793003142022-12-31iso4217:DKKxbrli:pureThe Board of Directors and the Executive Board have today considered and approved the annual report of Rota-Dan A/S for the financial year 01.01.2024 - 31.12.2024.65686926984775The annual report is presented in accordance with the Danish Financial Statements Act.37824613369561In our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2024 and of the results of its operations and cash flows for the financial year 01.01.2024 - 31.12.2024.6261782063We believe that the management commentary contains a fair review of the affairs and conditions referred to therein.27236143533151We recommend the annual report for adoption at the Annual General Meeting.211823535Aalborg3164752248Claus Svensk Jessen27131493484438Jens Uggerhøj596296765068Claus Svensk Jessen21168532719370Joachim Kaufmann20000002500000To the shareholders of Rota-Dan A/S116853219370We have performed an extended review of the financial statements of Rota-Dan A/S for the financial year 01.01.2024 - 31.12.2024, which comprise the income statement, balance sheet, statement of changes in equity, cash flow statement and notes, including a summary of significant accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act. Based on our extended review, in our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2024 and of the results of its operations and cash flows for the financial year 01.01.2024 - 31.12.2024 in accordance with the Danish Financial Statements Act.We conducted our extended review in accordance with the assurance engagement standard for small enterprises as issued by the Danish Business Authority and the standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act as issued by FSR - Danish Auditors. Our responsibilities under those standards and requirements are further described in the ”Auditor’s responsibilities for the extended review of the financial statements” section. We are independent of the Entity in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion.145388208005Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act, and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, Management is responsible for assessing the Entity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless Management either intends to liquidate the Entity or to cease operations, or has no realistic alternative but to do so.145388208005Our responsibility is to express a conclusion on the financial statements. This requires that we plan and ​perform procedures to obtain limited assurance about our conclusion on the financial statements and that ​we also perform specifically required supplementary procedures for the purpose of obtaining additional assurance about our conclusion.​​​An extended review consists of making inquiries, primarily of Management and, if appropriate, of other entity ​personnel, performing analytical and the specifically required supplementary procedures as well as evaluating ​the evidence obtained.​​The procedures performed in an extended review are less in scope than in an audit, and accordingly we do ​not express an audit opinion on the financial statements.132000132000132000132000Management is responsible for the management commentary. Our conclusion on the financial statements does not cover the management commentary, and we do not express any form of assurance conclusion thereon. In connection with our extended review of the financial statements our responsibility is to read the management commentary and, in doing so, consider whether the management commentary is materially inconsistent with the financial statements or our knowledge obtained in the extended review or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether the management commentary provides the information required by relevant law and regulations.Based on the work we have performed, we conclude that the management commentary is in accordance with financial statements and has been prepared in accordance with the requirements in the relevant law and regulations. We did not identify any material misstatement of the management commentary.27738834000560152496343962Aalborg357828129350Lars Birner Sørensen63730776473312mne1167119266442649812State Authorised Public Accountant2498216Primary activitiesThe Company’s primary activities consist of trade in wheels and wheel parts.124503120030This annual report has been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class B enterprises with addition of a few provisions for reporting class C.The accounting policies applied to these financial statements are consistent with those applied last year.20536452770058Recognition and measurementAssets are recognised in the balance sheet when it is probable as a result of a prior event that future economic benefits will flow to the Entity, and the value of the asset can be measured reliably. Liabilities are recognised in the balance sheet when the Entity has a legal or constructive obligation as a result of a prior event, and it is probable that future economic benefits will flow out of the Entity, and the value of the liability can be measured reliably. On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial recognition is effected as described below for each financial statement item. Anticipated risks and losses that arise before the time of presentation of the annual report and that confirm or invalidate affairs and conditions existing at the balance sheet date are considered at recognition and measurement. Income is recognised in the income statement when earned, whereas costs are recognised by the amounts attributable to this financial year.8428069405Gross profit or lossGross profit or loss comprises revenue, changes in inventories of finished goods and external expenses.8428069405RevenueRevenue from the sale of manufactured goods and goods for resale is recognised in the income statement when delivery is made and risk has passed to the buyer. Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed.12435842676649Cost of salesCost of sales comprises goods consumed in the financial year measured at cost, adjusted for normal inventory writedowns.975458611989424Other external expensesOther external expenses include expenses relating to the Entity’s ordinary activities. This item also includes writedowns of receivables recognised in current assets.1003197412329429Staff costsStaff costs comprise salaries and wages, and social security contributions, pension contributions, etc for entity staff.533333533333Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses relating to property, plant and equipment comprise depreciation, amortisation and impairment losses for the financial year.38259163709063Other financial incomeOther financial income comprises dividends etc. received on other investments, interest income, including net capital or exchange gains on securities, payables and transactions in foreign currencies, amortisation of financial assets etc.Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on payables to group enterprises, net capital losses on securities, payables and transactions in foreign currencies, amortisation of financial liabilities etc.63592496742396Tax on profit/loss for the yearTax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the income statement by the portion attributable to the profit for the year and recognised directly in equity by the portion attributable to entries directly in equity.The Entity is jointly taxed with all Danish group enterprises. The current Danish income tax is allocated among the jointly taxed entities proportionally to their taxable income (full allocation with a refund concerning tax losses).566749890098Property, plant and equipmentOther fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses. Land is not depreciated. Cost comprises the acquisition price, costs directly attributable to the acquisition and preparation costs of the asset until the time when it is ready to be put into operation. The basis of depreciation is cost less estimated residual value after the end of useful life. Straight-line depreciation is made on the basis of the following estimated useful lives of the assets:Useful life Other fixtures and fittings, tools and equipment5 yearsEstimated useful lives and residual values are reassessed annually. Items of property, plant and equipment are written down to the lower of recoverable amount and carrying amount.15194722591754InventoriesInventories are measured at the lower of cost using the FIFO method and net realisable value. Cost consists of purchase price plus delivery costs. The net realisable value of inventories is calculated as the estimated selling price less completion costs and costs incurred to execute sale.597500766872ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and ​doubtful debts.9890041338309Deferred taxDeferred tax is recognised on all temporary differences between the carrying amount and the tax-based value of assets and liabilities, for which the tax-based value is calculated based on the planned use of each asset. Deferred tax assets, including the tax base of tax loss carryforwards, are recognised in the balance sheet at their estimated realisable value, either as a set-off against deferred tax liabilities or as net tax assets.36727255587033PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at cost.36727255587033Other investmentsOther current asset investments comprise listed securities measured at fair value (market price) at the balance sheet date.1003197412329429CashCash comprises cash in hand and bank deposits.53333382063DividendDividend is recognised as a liability at the time of adoption at the general meeting. Proposed dividend for the financial year is disclosed as a separate item in equity. 3709063639893Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.25000004255107Joint taxation contributions payable or receivableCurrent joint taxation contributions receivable or joint taxation contributions payable are recognised in the balance sheet, calculated as tax computed on the taxable income of the year, which has been adjusted for prepaid tax. For tax losses, joint taxation contributions receivable are only recognised if such losses are expected to be used under the joint taxation arrangement.2609Cash flow statementThe cash flow statement shows cash flows from operating, investing and financing activities, and cash ​and cash equivalents at the beginning and the end of the financial year. ​​Cash flows from operating activities are presented using the indirect method and calculated as the operating ​profit/loss adjusted for non-cash operating items, working capital changes and income taxes paid. ​​Cash flows from investing activities comprise payments in connection with purchase and sale, etc of property, plant and equipment, including acquisition of assets held under finance leases.​​Cash flows from financing activities comprise changes in the size or composition of the contributed capital ​and related costs, and the raising of loans, inception of finance leases, repayments of interest-bearing ​debt, purchase of treasury shares and payment of dividend. ​Cash and cash equivalents comprise cash and short-term securities with an insignificant price risk less short-term​bank loans.0522482500000552814The cash flow statement shows cash flows from operating, investing and financing activities, and cash ​and cash equivalents at the beginning and the end of the financial year. ​​Cash flows from operating activities are presented using the indirect method and calculated as the operating ​profit/loss adjusted for non-cash operating items, working capital changes and income taxes paid. ​​Cash flows from investing activities comprise payments in connection with purchase and sale, etc of property, plant and equipment, including acquisition of assets held under finance leases.​​Cash flows from financing activities comprise changes in the size or composition of the contributed capital ​and related costs, and the raising of loans, inception of finance leases, repayments of interest-bearing ​debt, purchase of treasury shares and payment of dividend. ​Cash and cash equivalents comprise cash and short-term securities with an insignificant price risk less short-term​bank loans.25000003652654116853-3652654true20000002000000Grundlag for konklusion-2000000Konklusion53333316526542025-03-06382591610239952025-03-0620000002676649true633963556626172023-01-01-9419592023-12-311844272Aalborg2118290003164726, 4. sal766872Østre Havnepromenade1066935Deloitte Statsautoriseret Revisionspartnerselskab-1066935Aalborg2500000Aalborg Øst-25000009220-1433065Regnskabsklasse BErklæring om udvidet gennemgang12435842024-12-311 Staff costs2024 DKK2023 DKKWages and salaries3,466,0923,044,752Pension costs268,282267,992Other social security costs48,08756,8173,782,4613,369,561Average number of full-time employees562024-01-0152 Other financial expenses2024 DKK2023 DKKFinancial expenses from group enterprises31,64751,461Other interest expenses078731,64752,2483 Property, plant and equipmentOther fixtures and fittings, tools and equipment DKKCost beginning of year1,029,512Cost end of year1,029,512Depreciation and impairment losses beginning of year(821,507)Depreciation for the year(62,617)Depreciation and impairment losses end of year(884,124)Carrying amount end of year145,388204 Financial assetsDeposits DKKCost beginning of year132,000Cost end of year132,000Carrying amount end of year132,000Troensevej5 Other payables2024​DKK2023​DKKVAT and duties493,281616,424Wages and salaries, personal income taxes, social security costs, etc. payable162,100347,291Holiday pay obligation101,768121,687Other costs payable231,855252,907989,0041,338,309Rota-Dan A/S6 Changes in working capital2024 DKK2023 DKKIncrease/decrease in inventories100,2353,030Increase/decrease in receivables717,618719,101Increase/decrease in trade payables etc.(1,744,937)(79,193)Other changes(14,875)(3,045)(941,959)639,893793003147 Fair value informationListed securities DKKFair value end of year84,280Unrealised fair value adjustments recognised in the income statement14,875339635568 Unrecognised rental and lease commitments​The entity has entered an agreement of rented premises with an average annual rent of 530 t.DKK. The contract is irredeemable for 6 months and have an outstandeing commitment of 265 t.DKK. The entire liability is with a group entreprise.2300 København S9 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement where Anders Svensk Jessen Holding I ApS serves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is therefore secondarily liable for income taxes etc. for the jointly taxed entities, which is limited to the equity interest by which the entity participates in the Group, and also secondarily liable for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements.Weidekampsgade 610 Assets charged and collateralBank loans from Nordjyske Bank are secured by way of a deposisted floating charge registered to the mortgagor on assets of 1,000. t.DKK. The carrying amount of mortgaged trade receivables, inventories, other fixtures and fittings, tools and equipment is 8,087 t.DKK. The company has no bank debt as of 31 December 2024. Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapport2025-03-06Jens Uggerhøj