39580071 2022-01-01 2022-12-31 39580071 2022-01-01 2022-12-31 auditor_1 39580071 2022-01-01 2022-12-31 memberOfBoardIdentifier_1 39580071 2021-01-01 2021-12-31 39580071 2022-01-01 2022-12-31 fsa:ExtraordinaryDistributionsMember 39580071 2021-01-01 2021-12-31 fsa:ExtraordinaryDistributionsMember 39580071 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 39580071 2021-01-01 2021-12-31 fsa:RetainedEarningsMember 39580071 2022-12-31 39580071 2021-12-31 39580071 2021-12-31 fsa:ContributedCapitalMember 39580071 2021-12-31 fsa:RetainedEarningsMember 39580071 2021-12-31 fsa:ProposedDividendRecognisedInEquityMember 39580071 2022-01-01 2022-12-31 fsa:ContributedCapitalMember 39580071 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 39580071 2022-01-01 2022-12-31 fsa:ProposedDividendRecognisedInEquityMember 39580071 2022-12-31 fsa:ContributedCapitalMember 39580071 2022-12-31 fsa:RetainedEarningsMember 39580071 2022-12-31 fsa:ProposedDividendRecognisedInEquityMember iso4217:DKK pure Årsrapport 2022-01-01 2021-01-01 2022-12-31 2021-12-31 2023-05-10 39580071 2023-05-10 2018-05-09 Reporting class B KPMG 2100 København Ø Dampfærgevej 28 25578198 Auditor's report on audited financial statements Copenhagen 2023-05-10 1 KPMG 25578198 Dampfærgevej 28 2100 true The Executive Board has today discussed and approved the annual report for Easy Tiger Apps ApS for the financial year 1 January - 31 December 2022. The annual report has been prepared in accordance with the Danish Financial Statements Act. In my opinion, the financial statements give a true and fair view of the Company's assets, liabilities and financial position at 31 December 2022 and of the results of the Company's operations for the financial year 1 January - 31 December 2022.Further, in my opinion, the Management's review gives a fair review of the matters discussed in the Management's review. I recommend that the annual report be approved at the annual general meeting. Henriette Korshøj Theill Independent auditor's report To the shareholders of Easy Tiger Apps ApS Opinion We have audited the financial statements of Easy Tiger Apps ApS for the financial year 1 January - 31 December 2022, comprising income statement, balance sheet and notes, including accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the Company's assets, liabilities and financial position at 31 December 2022 and of the results of the Company's operations for the financial year 1 January - 31 December 2022 in accordance with the Danish Financial Statements Act. Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the "Auditor's responsibilities for the audit of the financial statements" section of our report.We are independent of the Company 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 audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management's responsibility for the financial statementsManagement 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 that 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 Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statementsOur objectives are to obtain reasonable assurance as to whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements in Denmark will always detect a material misstatement when it exists. Misstatements may arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of financial statement users made on the basis of these financial statements.As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit. We alsoidentify and assess the risks of material misstatement of the company financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control.obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management.conclude on the appropriateness of Management's use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.evaluate the overall presentation, structure and contents of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Statement on the Management's reviewManagement is responsible for the Management's review.Our opinion on the financial statements does not cover the Management's review, and we do not express any form of assurance conclusion thereon.In connection with our audit of the financial statements, our responsibility is to read the Management's review and, in doing so, consider whether the Management's review is materially inconsistent with the financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated.Moreover, it is our responsibility to consider whether the Management's review provides the information required under the Danish Financial Statements Act. Based on the work we have performed, we conclude that the Management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statement Act. We did not identify any material misstatement of the Management's review. Reporting obligations under section 7(2) of the Danish Executive Order on Approved Auditors’ ReportsNon-compliance with Danish tax legislation In violation of VAT legislation, the Company has not timely filed VAT returns to the Danish tax authorities. The Company's Management may incur liability in this respect. Morten Høgh-Petersen mne34283 Easy Tiger Apps ApS Tølløsevej 37 DK-4330 Hvalsø Lejre Principal activities Easy Tiger Apps ApS's primary activity is sale of software, apps and similar products. Events after the balance sheet date No events have occurred after the balance sheet date of material importance to the annual report for 2022. Development in activities and financial position The Company's income statement for 2022 shows a profit of DKK 2,238,391 as against a profit of DKK 1,096,773 in 2021. Equity in the Company's balance sheet at 31 December 2022 stood at DKK 2,278,391 as against DKK 1,136,773 at 31 December 2021. 2625901 1546544 247704 0 3880 132264 2869725 1414280 631334 317507 2238391 1096773 1096773 1148146 1141618 -51373 16207207 13492778 36564 26411 16243771 13519189 2556966 1151648 18800737 14670837 18800737 14670837 40000 40000 2238391 1096773 2278391 1136773 16522346 13534064 18800737 14670837 40000 1096773 0 0 1141618 1096773 0 -1096773 40000 2238391 0 The annual report of Easy Tiger Apps ApS for 2022 has been prepared in accordance with the provisions applying to reporting class B entities under the Danish Financial Statements Act with opt-in from higher reporting classes.The accounting policies used in the preparation of the financial statements are consistent with those of last year. Revenue Income from the sale of goods, is recognised in revenue when delivery and transfer of risk to the buyer have taken place, and the income may be measured reliably and is expected to be received. The date of transfer of the most significant benefits and risks is determined using standard Incoterms ® 2020. Revenue is measured at the fair value of the agreed consideration excluding VAT and taxes charged on behalf of third parties. All discounts granted are recognised in revenue. Cost of sales Cost of sales comprises costs incurred to generate revenue for the year. Other external costs Other external costs comprise administration and office premises. Financial income and expenses Financial income and expenses comprise interest income and expense and gains and losses on transactions denominated in foreign currencies. Tax on profit for the year On payment of joint taxation contributions, current Danish corporation tax is allocated between the jointly taxed entities in proportion to their taxable income. Entities with tax losses receive joint taxation contributions from entities that have used the losses to reduce their own taxable profit. Tax for the year comprises current corporation tax for the year and changes in deferred tax, including changes in tax rates. The tax expense relating to the profit/loss for the year is recognised in the income statement, and the tax expense relating to amounts directly recognised in equity is recognised directly in equity. Receivables Receivables are measured at amortised cost. Write-down is made for bad debt losses where there is an objective indication that a receivable or a portfolio of receivables has been impaired. If there is an objective indication that an individual receivable has been impaired, write-down is made on an individual basis Write-downs are calculated as the difference between the carrying amount of receivables and the present value of forecast cash flows, including the realisable value of any collateral received. The effective interest rate for the individual receivable or portfolio is used as discount rate. Cash at bank and in hand Cash at bank and in hand comprise cash and bank deposits. EquityDividends The expected dividend payment for the year is disclosed as a separate item under equity. Corporation tax and deferred tax Current tax payable and receivable is recognised in the balance sheet as tax computed on the taxable income for the year, adjusted for tax on the taxable income of prior years and for tax paid on account. Deferred tax is measured using the balance sheet liability method on all temporary differences between the carrying amount and the tax value of assets and liabilities based on the planned use of the asset or settlement of the liability. However, deferred tax is not recognised on temporary differences relating to goodwill non-deductible for tax purposes and on office premises and other items where the temporary differences arise at the date of acquisition without affecting either profit/loss or taxable income. Deferred tax assets, including the tax value of tax loss carryforwards, are recognised at the expected value of their utilisation within the foreseeable future; either as a set-off against tax on future income or as a set-off against deferred tax liabilities in the same legal tax entity. Any deferred net assets are measured at net realisable value. Deferred tax is measured in accordance with the tax rules and at the tax rates applicable at the balance sheet date when the deferred tax is expected to crystallise as current tax. Changes in deferred tax as a result of changes in tax rates are recognised in the income statement or equity, respectively. Liabilities Liabilities are measured at amortised cost. 0 0 Current tax for the year631,334311,142Adjustment of tax concerning previous years06,365631,334 317,507 Contingent liabilities The Company is jointly taxed with other group companies and is jointly liable with the other group companies for payable and unsettled corporation and withholding taxes. The total amount for payable corporate tax is shown in the annual report for Bending Spoons Apps ApS. Any subsequent corrections to the corporate tax and withholding taxes can lead to an increased liability for the Company. Easy Tiger Apps ApS' related parties comprise the following:ControlBending Spoons S.p.A holds the majority of the contributed capital in the Company.Bending Spoons Apps ApS is part of the consolidated financial statements of Bending Spoons S.p.A, Corso Como 15, 20154 Milano, Italy, which is the smallest group in which the Company is included as a subsidiary. The consolidated financial statements of Bending Spoons S.p.A can be obtained by contacting the Company at the address above.