15683309 2021-01-01 2021-12-31 15683309 2021-01-01 2021-12-31 0 15683309 2021-01-01 2021-12-31 0 15683309 2021-01-01 2021-12-31 1 15683309 2021-01-01 2021-12-31 2 15683309 2021-01-01 2021-12-31 3 15683309 2021-01-01 2021-12-31 4 15683309 2021-01-01 2021-12-31 cmn:PreviousYearMember 15683309 2021-01-01 2021-12-31 cmn:TwoYearsAgoMember 15683309 2021-01-01 2021-12-31 cmn:ThreeYearsAgoMember 15683309 2021-01-01 2021-12-31 cmn:FourYearsAgoMember 15683309 2021-12-31 15683309 2021-12-31 cmn:PreviousYearMember 15683309 2021-12-31 cmn:TwoYearsAgoMember 15683309 2021-12-31 cmn:ThreeYearsAgoMember 15683309 2021-12-31 cmn:FourYearsAgoMember 15683309 2020-01-01 2020-12-31 15683309 2020-12-31 15683309 2021-01-01 2021-12-31 fsa:ProposedDividendRecognisedInEquityMember 15683309 2020-01-01 2020-12-31 fsa:ProposedDividendRecognisedInEquityMember 15683309 2021-01-01 2021-12-31 fsa:RetainedEarningsMember 15683309 2020-01-01 2020-12-31 fsa:RetainedEarningsMember 15683309 2021-01-01 2021-12-31 0 iso4217:DKK xbrli:pure Regnskabsklasse C, stor virksomhed 2021-01-01 2021-12-31 Struers ApS Pederstrupvej 84 2750 Ballerup 15683309 Christina Able 2022-06-23 Ballerup <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">Den uafhængige revisors revisionspåtegning</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">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">Til ka­pi­tal­eje­rne i Struers ApS</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 /><td>To the Shareholders of Struers ApS</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">Konklusion</td></tr><tr><td colspan="1">Det er vores opfattelse, at års­regn­skabet giver et retvisende billede af sel­ska­bets aktiver, passiver og finansielle stilling pr. 31. december 2021 samt af resultatet af sel­ska­bets aktiviteter for regn­skabs­året 1. januar ‑ 31. december 2021 i overens­stem­mel­se med års­regn­skabs­loven.</td></tr><tr><td colspan="1">Vi har revideret års­regn­ska­bet for Struers ApS for regn­skabs­året 1. januar ‑ 31. december 2021, der omfatter resultatopgørelse, balance, egenkapitalopgørelse og noter, herunder anvendt regnskabspraksis (”regnskabet”).</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 /><td>Opinion</td></tr><tr><td /><td>In our opinion, the Finan­cial State­ments give a true and fair view of the fi­nan­cial po­si­tion of the Com­pany at December 31, 2021 and of the results of the Com­pany operations for the financial year January 1 ‑ December 31, 2021 in ac­cor­dance with the Danish Fi­nan­cial State­ments Act.</td></tr><tr><td /><td>We have audited the Finan­cial State­ments of Struers ApS for the financial year January 1 ‑ December 31, 2021, which comprise income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies (“financial statements”).</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">Grundlag for konklusion</td></tr><tr><td colspan="1">Vi har udført vores revision i over­ens­stem­mel­se med in­ter­na­tio­nale stan­dar­der om re­vi­sion og de yder­li­ge­re krav, der er gæl­den­de i Danmark. Vores an­svar ifølge dis­se stan­dar­der og krav er nær­me­re be­skre­vet i re­vi­sions­på­teg­nin­gens af­snit Revisors an­svar for re­vi­sio­nen af regn­ska­bet. Vi er uaf­hæn­gige af selskabet i over­ens­stem­melse med in­ter­na­tio­nale etiske reg­ler for re­vi­so­rer (IESBA’s Etiske reg­ler) og de yder­li­ge­re krav, der er gæl­den­de i Danmark, lige­som vi har op­fyldt vores øvrige etiske for­plig­tel­ser i hen­hold til disse reg­ler og krav. Det er vores op­fat­tel­se, at det op­nå­ede re­vi­si­ons­bevis er til­stræk­ke­ligt og egnet som grund­lag for vores kon­klu­sion.</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 /><td>Basis for Opinion</td></tr><tr><td /><td>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’ Code of Ethics for Pro­fes­sio­nal Ac­coun­tants (IESBA Code) and the ad­di­tio­nal re­quire­ments ap­pli­cable in Denmark, and we have ful­filled our other ethi­cal re­spon­si­bi­li­ties in ac­cor­dance with these re­quire­ments. We believe that the audit evi­dence we have ob­tained is suf­fi­cient and ap­pro­pri­ate to pro­vide a basis for our 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">Udtalelse om ledel­ses­be­ret­ning­en</td></tr><tr><td colspan="1">Ledel­sen er ansvarlig for ledel­ses­be­ret­ning­en.</td></tr><tr><td colspan="1">Vores kon­klu­sion om regn­ska­bet om­fat­ter ikke ledel­ses­be­ret­ning­en, og vi ud­tryk­ker ingen form for kon­klu­sion med sik­ker­hed om ledel­ses­be­ret­ning­en.</td></tr><tr><td colspan="1">I til­knyt­ning til vores re­vi­sion af regn­ska­bet er det vores an­svar at læse ledel­ses­be­ret­ning­en og i den for­bin­del­se over­veje, om ledel­ses­be­ret­ning­en er væ­sent­ligt in­kon­si­stent med regn­ska­bet eller vores viden op­nået ved re­vi­sio­nen eller på anden måde synes at inde­hol­de væ­sent­lig fejl­in­for­ma­tion.</td></tr><tr><td colspan="1">Vores ansvar er der­ud­over at over­veje, om ledel­ses­be­ret­ning­en inde­hol­der kræ­ve­de op­lys­nin­ger i hen­hold til års­regn­skabs­loven.</td></tr><tr><td colspan="1">Baseret på det ud­førte ar­bej­de er det vores op­fat­tel­se, at ledel­ses­be­ret­nin­gen er i over­ens­stem­mel­se med års­regn­skabet og er ud­ar­bej­det i over­ens­stem­mel­se med års­regn­skabs­lo­vens krav. Vi har ikke fun­det væ­sent­lig fejl­in­for­ma­tion i ledel­ses­be­ret­nin­gen.</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 /><td>Statement on Manage­ment’s Review</td></tr><tr><td /><td>Management is re­spon­sible for Manage­ment’s Review.</td></tr><tr><td /><td>Our opinion on the fi­nan­cial state­ments does not cover Manage­ment’s Review, and we do not ex­press any form of as­su­rance con­clu­sion there­on.</td></tr><tr><td /><td>In con­nec­tion with our audit of the fi­nan­cial state­ments, our re­spon­si­bi­li­ty is to read Manage­ment’s Review and, in doing so, con­sider whether Manage­ment’s Review is ma­te­ri­al­ly in­con­si­stent with the fi­nan­cial state­ments or our know­ledge ob­tained during the audit, or other­wise appears to be ma­te­ri­al­ly mis­stated.</td></tr><tr><td /><td>Moreover, it is our re­spon­si­bi­li­ty to con­sider whether Manage­ment’s Review pro­vides the in­for­ma­tion re­quired under the Danish Fi­nan­cials State­ments Act.</td></tr><tr><td /><td>Based on the work we have per­formed, in our view, 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 in Manage­ment’s 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">Ledelsens ansvar for regnskabet</td></tr><tr><td colspan="1">Ledelsen har an­svaret for ud­ar­bej­del­sen af et års­regn­skab, der giver et ret­vi­sen­de bil­le­de i over­ens­stem­mel­se med års­regn­skabs­loven. Le­del­sen har end­vi­de­re an­sva­ret for den in­ter­ne kon­trol, som le­del­sen an­ser for nød­ven­dig for at ud­ar­bej­de et regn­skab uden væ­sent­lig fejl­in­for­ma­tion, uan­set om denne skyl­des be­svi­gel­ser eller fejl.</td></tr><tr><td colspan="1">Ved ud­ar­bej­del­sen af regn­ska­bet er le­del­sen an­svar­lig for at vur­de­re sel­ska­bets ev­ne til at fort­sæt­te drif­ten; at op­lyse om for­hold ved­rø­ren­de fort­sat drift, hvor dette er re­le­vant; samt at ud­ar­bej­de regn­ska­bet på grund­lag af regn­skabs­prin­cip­pet om fort­sat drift, med­mindre le­del­sen en­ten har til hen­sigt at li­kvi­de­re selskabet, ind­stil­le drif­ten eller ikke har andet re­a­li­stisk al­ter­na­tiv end at gøre dette.</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 /><td>Management’s Responsibilities for the Financial Statements</td></tr><tr><td /><td>Manage­ment 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.</td></tr><tr><td /><td>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.</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">Revisors ansvar for revisionen af regn­skabet</td></tr><tr><td colspan="1">Vores mål er at op­nå høj grad af sik­ker­hed for, om regn­ska­bet som hel­hed er uden væ­sent­lig fejl­in­for­ma­tion, uan­set om denne skyl­des be­svi­gel­ser eller fejl, og at af­give en re­vi­sions­på­teg­ning med en kon­klu­sion. Høj grad af sik­ker­hed er et højt ni­veau af sik­ker­hed, men er ikke en ga­ran­ti for, at en re­vi­sion, der ud­fø­res i over­ens­stem­mel­se med in­ter­na­tio­nale stan­dar­der om re­vi­sion og de yder­li­ge­re krav, der er gæl­den­de i Danmark, altid vil af­dæk­ke væ­sent­lig fejl­in­for­ma­tion, når sådan fin­des. Fejl­in­for­ma­tio­ner kan op­stå som følge af be­svi­gel­ser eller fejl og kan be­trag­tes som væ­sent­lige, hvis det med rime­lig­hed kan for­ven­tes, at de enkelt­vis eller sam­let har ind­fly­del­se på de øko­no­mi­ske be­slut­nin­ger, som bru­ger­ne træf­fer på grund­lag af regn­ska­bet.</td></tr><tr><td colspan="1">Som led i en re­vi­sion, der ud­fø­res i over­ens­stem­mel­se med in­ter­na­tio­na­le stan­dar­der om re­vi­sion og de yder­li­ge­re krav, der er gæl­den­de i Danmark, fore­tager vi fag­lige vur­de­rin­ger og op­ret­hol­der pro­fes­sio­nel skep­sis under re­vi­sio­nen. Her­ud­over</td></tr><tr><td colspan="1">·       Iden­ti­fi­ce­rer og vur­de­rer vi ri­si­koen for væ­sent­lig fejl­in­for­ma­tion i regn­ska­bet, uan­set om denne skyl­des be­svi­gel­ser eller fejl, ud­for­mer og ud­fø­rer re­vi­sions­hand­lin­ger som re­ak­tion på disse ri­si­ci samt op­når re­vi­sions­bevis, der er til­stræk­ke­ligt og egnet til at dan­ne grund­lag for vores kon­klu­sion. Ri­si­koen for ikke at op­dage væ­sent­lig fejl­in­for­ma­tion for­år­saget af be­svi­gel­ser er hø­je­re end ved væ­sent­lig fejl­in­for­ma­tion for­år­saget af fejl, idet be­svi­gel­ser kan om­fat­te sam­men­svær­gel­ser, do­ku­ment­falsk, be­vid­ste ude­la­del­ser, vild­led­ning eller til­side­sæt­tel­se af in­tern kon­trol.</td></tr><tr><td colspan="1">·       Opnår vi for­stå­el­se af den in­ter­ne kon­trol med re­le­vans for re­vi­sio­nen for at kunne ud­for­me re­vi­sions­hand­lin­ger, der er pas­sen­de efter om­stæn­dig­he­der­ne, men ikke for at kun­ne ud­tryk­ke en kon­klu­sion om ef­fek­ti­vi­te­ten af sel­ska­bets in­ter­ne kon­trol.</td></tr><tr><td colspan="1">·       Tager vi stil­ling til, om den regn­skabs­prak­sis, som er an­vendt af le­del­sen, er pas­sen­de, samt om de regn­skabs­mæs­sige skøn og til­knyt­te­de op­lys­nin­ger, som le­del­sen har ud­ar­bej­det, er ri­me­lige.</td></tr><tr><td colspan="1">·       Kon­klu­derer vi, om le­del­sens ud­ar­bej­del­se af regn­ska­bet på grund­lag af regn­skabs­prin­cip­pet om fort­sat drift er pas­sen­de, samt om der på grund­lag af det op­nå­ede re­vi­sions­bevis er væ­sent­lig usik­ker­hed for­bun­det med be­gi­ven­he­der eller for­hold, der kan skabe be­ty­de­lig tvivl om sel­ska­bets ev­ne til at fort­sæt­te drif­ten. Hvis vi kon­klu­de­rer, at der er en væ­sent­lig usik­ker­hed, skal vi i vores re­vi­sions­på­teg­ning gøre op­mærk­som på op­lys­nin­ger her­om i regn­ska­bet eller, hvis så­dan­ne op­lys­nin­ger ikke er til­stræk­ke­lige, mo­di­fi­ce­re vores kon­klu­sion. Vores kon­klu­sio­ner er ba­se­ret på det re­vi­sions­bevis, der er op­nået frem til datoen for vores re­vi­sions­på­teg­ning. Frem­ti­dige be­gi­ven­heder eller for­hold kan dog med­føre, at selskabet ikke læn­ge­re kan fort­sæt­te drif­ten.</td></tr><tr><td colspan="1">·       Tager vi stil­ling til den sam­le­de præ­sen­ta­tion, struk­tur og ind­hold af regn­ska­bet, her­under note­op­lys­nin­ger­ne, samt om regn­ska­bet af­spej­ler de under­lig­gen­de trans­ak­tio­ner og be­gi­ven­heder på en sådan måde, at der gives et ret­vi­sen­de bil­le­de her­af.</td></tr><tr><td colspan="1">Vi kom­mu­ni­ke­rer med den øver­ste le­del­se om blandt andet det plan­lag­te om­fang og den tids­mæs­si­ge pla­ce­ring af re­vi­sio­nen samt be­tyde­lige re­vi­sions­mæs­sige ob­ser­va­tio­ner, her­under even­tu­el­le be­tyde­lige mang­ler i in­tern kon­trol, som vi iden­ti­fi­ce­rer under re­vi­sio­nen.</td></tr><tr><td colspan="1">Hellerup, 10.06.2021</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 /><td>Auditor’s Responsibilities for the Audit of the Financial Statements</td></tr><tr><td /><td>Our ob­jec­tives are to ob­tain rea­son­able as­su­rance about 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 ap­pli­cable in Denmark will always detect a ma­te­rial mis­state­ment when it exists. Mis­state­ments can 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 users taken on the basis of these fi­nan­cial state­ments.</td></tr><tr><td /><td>As part of an audit con­duc­ted in ac­cor­dance with ISAs and the ad­di­tio­nal re­quire­ments ap­pli­cable in Denmark, we exer­cise pro­fes­sio­nal judg­ment and main­tain pro­fes­sio­nal skep­ti­cism through­out the audit. We also</td></tr><tr><td /><td>·       Identify and assess the risks of ma­te­rial mis­state­ment of the 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.</td></tr><tr><td /><td>·       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.</td></tr><tr><td /><td>·       Evaluate the ap­pro­priate­ness of ac­coun­ting po­li­cies used and the rea­son­able­ness of ac­coun­ting esti­mates and re­lated dis­clo­sures made by Manage­ment.</td></tr><tr><td /><td>·       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.</td></tr><tr><td /><td>·       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.</td></tr><tr><td /><td>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.</td></tr></table> Hellerup 2021-06-10 <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">Ledelsespåtegning</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 Statement on the Annual 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">Bestyrelse og direktion har dags dato behandlet og godkendt årsrapporten for 1. januar - 31. december 2021 for Struers ApS.</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 /><td>The Executive and Supervisory Boards have today considered and adopted the Annual Report of Struers ApS for January 1 - December 31, 2021.</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">Årsrapporten er aflagt i overensstemmelse med den danske årsregnskabslov.</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 /><td>The Annual Report was prepared in accordance with the 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">Årsregnskabet giver efter vores opfattelse et retvisende billede af selskabets aktiver, passiver og finansielle stilling pr. 31. december 2021 samt af resultatet af selskabets aktiviteter for 2021.</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 /><td>In our opinion, the Financial Statements gives a true and fair view of the financial position at December 31, 2021 of the Company and of the results of the Company operations for 2021.</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">Ledelsesberetningen indeholder efter vores opfattelse en retvisende redegørelse for de forhold, beretningen omhandler.</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 /><td>In our opinion, Management’s Review includes a true and fair account of the matters addressed in the 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">Årsrapporten indstilles til generalforsamlingens godkendelse.</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 /><td>We recommend that the Annual Report be adopted at the Annual General Meeting.</td></tr></table> København Copenhagen 2021-06-10 <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">Ledelsesberetning</td></tr><tr><td colspan="1">PRÆSENTATION AF STRUERS ApS</td></tr><tr><td colspan="1">Markedet</td></tr><tr><td colspan="1">Struers er verdens førende udbyder af løsninger til materialografisk prøvepræparation og mikrostrukturanalyse af faste materialer. Markedet for Struers produkter findes hovedsageligt inden for fremstillings- og forarbejdningsindustrien, hvor kunderne har behov for at udføre mikrostrukturanalyser i forbindelse med kvalitetskontrol eller fejlanalyse af faste materialer – typisk metaller. Dette indebærer behov for udskæring af prøver med efterfølgende præparering i form af slibning og polering. Efterfølgende inspiceres og analyseres prøven i mikroskop for afdækning af materialets sande mikrostruktur.</td></tr><tr><td colspan="1">Struers tilbyder unikke løsninger, der indeholder udstyr, forbrugsmaterialer og applikationsviden til optimal løsning af kundernes behov for opnåelse af bedst mulige prøveresultater til lavest mulig kostpris. Struers dækker hele spektret af udstyr og forbrugsmaterialer fra ukompliceret manuelt udstyr, til sofistikeret, fuldautomatisk udstyr beregnet for laboratorier i enhver størrelse. Herudover tilbyder Struers den relevante applikationsviden inden for forretningsområdet til sine kunder.</td></tr><tr><td colspan="1">Kunder</td></tr><tr><td colspan="1">Struers’ kunder findes over hele verden og dækker mange forskellige segmenter så som bilindustri, flyindustri, kommunikations- og elektronikindustri, rumfart, metalindustri og undervisningssektoren. Behovet for Struers produkter findes typisk i disse virksomheders udviklings- og kvalitetslaboratorier, hvor virksomhederne udfører materialeanalyser af deres produkter.</td></tr><tr><td colspan="1">Forretningsmodel</td></tr><tr><td colspan="1">Struers udvikler og producerer udstyr, applikationer og forbrugsmaterialer i Struers ApS, som også står for overordnet marketingsupport, salg og teknisk support til salgs- og distributionsleddet.</td></tr><tr><td colspan="1">Salg og distribution foregår via et verdensomspændende netværk af salgsselskaber, filialer samt uafhængige forhandlere og agenter. Disse forestår den direkte markedsføring og salg samt teknisk service til kunderne.</td></tr><tr><td colspan="1">Miljøforhold</td></tr><tr><td colspan="1">Struers ApS arbejder kontinuerligt med at minimere de miljømæssige belastninger og er certificeret efter ISO 14001.</td></tr><tr><td colspan="1">Den primære drift</td></tr><tr><td colspan="1">På trods af pandemi og udfordringer i de globale forsyningskæder steg omsætningen med 19% i 2021 i forhold til året før. Der var fremgang på alle hovedmarkeder, ligesom valutakurseffekter også bidrog positivt til omsætningen.</td></tr><tr><td colspan="1">Årets resultat</td></tr><tr><td colspan="1">Årets resultat efter finansielle indtægter og skat blev TDKK 303 125. Resultatet var 24% højere end året før. Resultatet af den primære drift blev TDKK 224 566, en stigning på 35% i forhold til året før.</td></tr><tr><td colspan="1">Stigningen i resultatet svarer til det forventede.</td></tr><tr><td colspan="1">Forventninger til fremtiden</td></tr><tr><td colspan="1">Markedet for Struers ApS's produkter er afhængig af de internationale konjunkturer, hvor industriens investerings- og aktivitetsniveau har indflydelse på udviklingen i salget.</td></tr><tr><td colspan="1">Selvom corona situationen i store dele af verden synes at være under kontrol, er lokale udbrud og nye varianter fortsat kilde til betydelig usikkerhed. Hertil kommer fortsatte udfordringer i de globale forsyningskæder samt stigende priser.</td></tr><tr><td colspan="1">Ruslands invasion af Ukraine i februar 2022 og efterfølgende sanktioner medførte, at Struers suspenderede al salg til Rusland og Belarus. Konsekvensen af denne beslutning påvirker ikke i væsentlig grad forventningerne til omsætning og resultat for 2022, men situationen i Ukraine ventes at få konsekvenser for både kunder og leverandører og føjer derfor til et i forvejen broget risikobillede.</td></tr><tr><td colspan="1">Dette til trods, oplever Struers en fortsat positiv udvikling på alle hovedmarkeder. Der forventes derfor en mindre forbedring af omsætning og driftsresultat i 2022 i forhold til året før.</td></tr><tr><td colspan="1">Finansielle risici</td></tr><tr><td colspan="1">De væsentligste finansielle risici består af valutakurs- og renterisici.</td></tr><tr><td colspan="1">Valutakurser</td></tr><tr><td colspan="1">Størstedelen af selskabets indtægter opnås i EUR, USD og JPY, mens størstedelen af produktions- og udviklingsomkostningerne afholdes i DKK. Struers ApS har ikke etableret valutasikrings- instrumenter.</td></tr><tr><td colspan="1">Renter</td></tr><tr><td colspan="1">Renteindtægter og udgifter hidrører fra lånemellemværender med koncernforbundne selskaber, hvorefter selskabet ikke har etableret rentesikringsinstrumenter.</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="2">Management’s Review</td></tr><tr><td /><td>PRESENTATION OF STRUERS ApS</td></tr><tr><td /><td>The market</td></tr><tr><td /><td>Struers is the worlds’ leading provider of solutions for materialographic sample preparation and microstructure analysis of solid materials. The market for Struers’ products is found mainly within the manufacturing and processing industry, where customers need to perform microstructure analysis in connection with quality control or failure analysis of solid materials - typically metals. This involves a need for cutting samples with subsequent preparation in the form of grinding and polishing. Subsequently, the sample is examined and analysed under microscope for exposure of the true microstructure of the material.</td></tr><tr><td /><td>Struers offers unique solutions including equipment consumables and application knowledge for optimal solution of customers’ needs for achieving the best possible sample results at the lowest possible cost. Struers covers the entire spectrum of equipment and consumables from uncomplicated manual equipment to sophisticated, fully automated equipment intended for laboratories of every size. Moreover Struers offers the relevant application knowledge within the business area to its customers.</td></tr><tr><td /><td>Customers</td></tr><tr><td /><td>Struers’ customers are found all over the world and cover many different segments such as the automotive industry, aerospace, communications and electronics industry, space, metal industry and the educational sector. The need for Struers’ products typically exists in the development and quality laboratories of these companies, where the companies perform material analysis of products.</td></tr><tr><td /><td>Business model</td></tr><tr><td /><td>Struers develops and manufactures equipment, applications and consumables in Struers ApS, which also handles the overall marketing support, sales and technical support to the sales and distribution departments.</td></tr><tr><td /><td>Sales and distribution are handled via a worldwide network of sales companies, branches and independent dealers and agents. These are in charge of direct marketing and sales as well as technical service to the customers.</td></tr><tr><td /><td>Environmental Issues</td></tr><tr><td /><td>Struers ApS continuously work on minimizing the environmental impact and is certified in ISO 14001.</td></tr><tr><td /><td>Primary operations</td></tr><tr><td /><td>Despite pandemic and global supply chain bottlenecks, revenue increased 19% compared to the prior year. Revenue grew notably in all main markets, and was furthermore positively influenced by currency effects.</td></tr><tr><td /><td>Profit for the year</td></tr><tr><td /><td>The net profit for the year after financial items and tax amounted to TDKK 303,125. The result was 24% higher than the year before. The operating result amounted to TDKK 224 566, an increase on the prior year of 35%.</td></tr><tr><td /><td>The increase in the result is in line with expectations.</td></tr><tr><td /><td>Expectations for the future</td></tr><tr><td /><td>The market for Struers ApS' products is dependant on the international market cycles, where industrial investment- and activity level influence the development in sales.</td></tr><tr><td /><td>Although the corona situation in large parts of the world appears to be under control, local outbreaks and new virus variants remain a source of considerable uncertainty. In addition, there are persisting challenges in the global supply chains as well as rising prices.</td></tr><tr><td /><td>Russia's invasion of Ukraine in February 2022 and subsequent sanctions led to Struers suspending all sales to Russia and Belarus. The consequence of this decision does not significantly affect expectations for revenue and operating profit for 2022. However, the situation in Ukraine is expected to have consequences for both customers and suppliers and therefore adds additional uncertainty to the overall risk landscape.</td></tr><tr><td /><td>Despite of these developments, Struers is experiencing a continued positive trend in all major markets. A small improvement in revenue and operating profit is therefore expected in 2022 compared with the previous year.</td></tr><tr><td /><td>Financial risks</td></tr><tr><td /><td>The most material financial risks consist of exchange rate and interest rate risks.</td></tr><tr><td /><td>Exchange rates</td></tr><tr><td /><td>The majority of the Company’s income is achieved in EUR, USD and JPY, whereas the majority of the production costs and development expenses are paid in DKK. Struers ApS has not established any currency hedging instruments.</td></tr><tr><td /><td>Interest</td></tr><tr><td /><td>Interest income and expenses derive from loan accounts with group enterprises where the Company has established no interest hedging instruments.</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">Redegørelse for samfundsansvar, årsregnskabslovens § 99 a.</td></tr><tr><td colspan="1">Denne lovpligtige redegørelse for samfundsansvar for Struers ApS dækker regnskabsperioden 1. januar – 31. december 2021.</td></tr><tr><td colspan="1">Som leverandør til den globale fremstillingssektor af løsninger til brug for kvalitetskontrol og materialeanalyse, er det Struers’ ambition og strategi at medvirke til at skabe et tryggere og mere bæredygtigt samfund. Ved hjælp af Struers’ unikke løsninger og kompetencer, udvikler og fremstiller Struers’ kunder nye produkter, materialer og fremstillingsprocesser, som kontinuerligt øger standarden for sikkerhed, holdbarhed og bæredygtighed.</td></tr><tr><td colspan="1">Struers tilstræber de højeste etiske standarder og forpligtelser til integritet og samfundsansvar. Disse standarder og politikker, som også omfatter menneskerettigheder, sociale og medarbejderforhold, antikorruption mv., er beskrevet i virksomhedens ”Forretningsetiske regler og adfærdsstandarder” tilgængelige på www.ropertech.com/code-of-ethics. Standarderne gælder alle Roper Technologies’ medarbejdere, herunder Struers medarbejdere i hele verden.</td></tr><tr><td colspan="1">Struers overholder strengt alle gældende lovbestemmelser til bekæmpelse af bestikkelse og korruption, herunder Foreign Corrupt Practices Act (FCPA) og den britiske Bribery Act. Struers forbyder at give noget af værdi direkte eller indirekte til embedsmænd eller politiske kandidater for at opnå eller beholde forretninger.</td></tr><tr><td colspan="1">I 2021 har alle medarbejdere modtaget træning i forståelsen af de forretningsetiske retningslinjer med særligt fokus på at undgå diskrimination, chikane og korruption. Ledelsen er ikke bekendt med hændelser af denne art i regnskabsåret.</td></tr><tr><td colspan="1">Det er Struers’ politik at opretholde en høj standard for menneskerettigheder, herunder at tilsikre et arbejdsmiljø, der er fri for alle former for chikane og diskrimination af enhver person på grund af race, hudfarve, religion, statsborgerskab, køn, kønsidentitet, kønsudtryk, seksuel orientering, national oprindelse, alder eller handicap. Sådan chikane og diskrimination, herunder nedsættende bemærkninger eller fornærmelser tolereres ikke.</td></tr><tr><td colspan="1">Forholdet mellem Struers og personalet er på hvert niveau baseret på gensidig respekt, gensidig tillid og fælles mål. At behandle hinanden med respekt er grundlaget for god forretningsadfærd.</td></tr><tr><td colspan="1">Der arbejdes struktureret med at styrke medarbejderoplevelsen, og der blev igen i 2021 gennemført en medarbejdertrivsels- og engagementsundersøgelse, som grundlag for dialog og løbende forbedring af medarbejderforholdene.</td></tr><tr><td colspan="1">Struers er forpligtet til at beskytte miljøet, sikre bæredygtighed og støtte samfundsansvar. Dette indebærer at træffe passende foranstaltninger til sikring af, at fremstilling, transport og bortskaffelse af affald sker i overensstemmelse med miljøbeskyttelseslovgivningen.</td></tr><tr><td colspan="1">Struers’ miljøledelsessystem er certificeret i henhold til ISO 14001 og i kraft af virksomhedens miljøpolitik er vi forpligtet til løbende at reducere belastningen af miljøet, bl.a. ved at integrere miljømæssige hensyn i udviklingen af nye produkter. I 2021 blev der fortsat arbejdet med at nedbringe miljøpåvirkningen fra distribution, hvorfor mængden af gods, som transporteres med fly er reduceret yderligere til fordel for mindre miljøbelastende transportformer (f.eks. skib og tog).</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 /><td>Statutory report regarding social responsibility, Danish Financial Statements Act § 99 a.</td></tr><tr><td /><td>This statutory report for social responsibility covers the period January 1 – December 31, 2021.</td></tr><tr><td /><td>As supplier of solutions for quality control and materials analysis to the global manufacturing industry, it is the aspiration and strategy of Struers to participate in creating a safer and more sustainable society. With the help of Struers’ unique solutions and competences, Struers’ customers develop and produce new products, materials, and manufacturing processes that continuously push standards for safety, durability, and sustainability.</td></tr><tr><td /><td>Struers is committed to pursuing the highest standards of ethical behavior, integrity and social responsibility. These standards and policies, which also include human rights, social and employee responsibilities, anti-bribery etc. are described in the “Business Code of Ethics and Standards of Conduct” available at www.ropertech.com/code-of-ethics. The standards apply to all Roper Technologies’ employees, including Struers employees worldwide.</td></tr><tr><td /><td>Struers strictly abides by all applicable anti-bribery and anti-corruption laws, including the Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act. Struers prohibits giving anything of value, directly or indirectly, to government officials or political candidates in order to obtain or retain business.</td></tr><tr><td /><td>In 2021, all employees received training in the understanding of the Business Code of Ethics with particular focus on avoiding discrimination, harassment, and corruption. Management is not aware of any incidents of this kind during the year.</td></tr><tr><td /><td>It is the policy of Struers to uphold a high standard of human rights, including to maintain a work environment that is free of all forms of harassment and discrimination of any person because of race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, citizenship, age or disability. Any such harassment or discrimination, including disparaging comments or insults will not be tolerated.</td></tr><tr><td /><td>The relationship between Struers and its personnel at every level is one based on mutual respect, reciprocal trust and shared objectives. Treating each other with respect is the foundation of good business conduct.</td></tr><tr><td /><td>We work continuously to improve the employee experience. In 2021, an employee satisfaction and engagement survey was again undertaken which forms the basis for dialogue and continuous improvement of employee conditions.</td></tr><tr><td /><td>Struers is committed to protecting the environment, ensuring sustainability and supporting social responsibility. This implies taking all appropriate measures to assure that our manufacturing, transportation and waste disposal activities are consistent with environmental protection regulation.</td></tr><tr><td /><td>Struers’ environmental management system is certified according to the ISO 14001 standard. Through this standard and the company’s Environmental Policy, we are committed to continuously improving the environmental impact. Among other things by integrating environmental considerations in the development of new products. In 2021, the environmental impact of distribution was further reduced by changing the mode of transportation from flight to more environmentally friendly modes (e.g. ship and train).</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">Redegørelse for den kønsmæssige sammensætning af ledelsen, jf. årsregnskabslovens § 99 b</td></tr><tr><td colspan="1">Struers ApS vil generelt sikre, at det altid er den mest kvalificerede person, der bestrider en given stilling. Alle forfremmelser og tildelinger af øget ansvar sker ud fra objektive kriterier.</td></tr><tr><td colspan="1">Som en global virksomhed ønsker Struers ApS at fremme mangfoldighed og skabe lige muligheder for alle uanset køn, alder, etnicitet samt politisk og religiøs overbevisning. I bestyrelsen og de øverste ledelseslag er det afgørende at alle uanset køn oplever, at de har lige adgang.</td></tr><tr><td colspan="1">Bestyrelsen</td></tr><tr><td colspan="1">Der er indført mål om, at begge køn skal være repræsenteret blandt de generalforsamlingsvalgte medlemmer af bestyrelsen. Den generalforsamlingsvalgte andel af bestyrelsen består af 3 medlemmer.</td></tr><tr><td colspan="1">I 2021 tiltrådte Christina Marie Able bestyrelsen, hvorefter dette mål er indfriet.</td></tr><tr><td colspan="1">Øvrige ledelseslag</td></tr><tr><td colspan="1">I forlængelse af vores politik for at fremme mangfoldighed og i erkendelse af at kvinder i øjeblikket er det underrepræsenterede køn, har vi i 2021 fokuseret på at forbedre kvinders adgang til virksomhedens øvrige ledelseslag. Konkret har det betydet, at vi i 2021, i det omfang det har været muligt, har bestræbt os på at indkalde egnede kandidater af begge køn til lederstillinger. Ligeledes har vi, i de tilfælde hvor der er gjort brug af eksterne partnere i forbindelse med ansættelsesprocesser, anmodet om at blive præsenteret for kandidater af begge køn.</td></tr><tr><td colspan="1">Ved udgangen af året er der dog ikke registreret en ændret kønssammensætning på virksomhedens øvrige ledelseslag, men vi tror på, at der over tid kan registreres en positiv udvikling.</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 /><td>Statement on the gender composition of the management, cf. the Danish Financial Statements Act §99 b</td></tr><tr><td /><td>Struers ApS will secure that every position is filled with the most qualified person. All promotions or increase in job responsibility will be decided based on objective criteria.</td></tr><tr><td /><td>As a global company Struers ApS promotes diversity and the creation of equal opportunities despite gender, age, national origin, religion or political orientation. It is crucial that everybody is considered for positions in the supervisory or executive board regardless of gender.</td></tr><tr><td /><td>The Supervisory Board</td></tr><tr><td /><td>It is the objective that both genders are represented among the shareholder elected members of the supervisory board. The shareholder elected part of the supervisory board consists of 3 members.</td></tr><tr><td /><td>In 2021, Christina Marie Able joined the supervisory board, thereby fulfilling this objective.</td></tr><tr><td /><td>Other Layers of Management</td></tr><tr><td /><td>In continuation of our policy to promote diversity and in recognition that women are currently the underrepresented gender, in 2021 we focused on improving the access for women to the other layers of management in the company. In concrete terms, this means that in 2021 we have endeavored to summon suitable candidates of both sexes for executive positions. Likewise, in cases where external partners have been employed in connection with recruitment processes, we have requested to be presented to candidates of both sexes.</td></tr><tr><td /><td>By the end of the year, however, there is no registered change in the gender composition on the company’s other layers of management, but we believe that a positive development can be recorded over time.</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">Redegørelse for politik for dataetik jf. årsregnskabslovens § 99 b</td></tr><tr><td colspan="1">Struers’ politik for dataetik er beskrevet i virksomhedens ”Forretningsetiske regler og adfærdsstandarder”, som er tilgængelige på www.ropertech.com/code-of-ethics. Politikken suppleres af interne retningslinjer og procedurer, der beskriver, hvordan data håndteres, se også https://www.struers.com/en/Privacy-and-Cookie-Policy.</td></tr><tr><td colspan="1">Politikken og procedurerne afspejler Struers’ forpligtelse til at håndtere data ansvarligt og baseret på principper om ærlighed og transparens. Struers efterlever disse principper i tillæg til gældende lovgivning med henblik på at sikre, at medarbejdere, kunder, leverandører og forbrugere føler sig sikre, når de betror Struers med deres data.</td></tr><tr><td colspan="1">Struers behandler primært data i forbindelse med personaleadministration, kundeinteraktion og leverandørkontakt. Kontrolprocedurer tilsikrer, at data indsamles til konkrete og legitime formål og behandles på lovlig og fair vis, herunder at behandlingen kun omfatter data, der er nødvendige for at opfylde formålet med behandlingen. Samtidig bestræber Struers sig på at sikre, at de indsamlede data til enhver tid er tilstrækkelige, relevante og korrekte.</td></tr><tr><td colspan="1">Dataansvarlige medarbejdere sikrer, at personlige data ikke opbevares længere end nødvendigt, at behandling sker med respekt for den pågældende persons privatliv, samt at opbevaret data beskyttes mod uretmæssig ødelæggelse, ændring eller offentliggørelse. Struers indgår databehandleraftaler med tredjeparter og sælger ikke data.</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 /><td>Statement on the policy for data ethics, cf. the Danish Financial Statements Act §99 b</td></tr><tr><td /><td>Struers’ policy for data ethics is described in the “Business Code of Ethics and Standards of Conduct” available at www.ropertech.com/code-of-ethics. The policy is complemented by procedures describing data processing practices, see also https://www.struers.com/en/Privacy-and-Cookie-Policy.</td></tr><tr><td /><td>The policy and procedures reflect Struers’ obligation to handle data responsibly and based on principles of honesty and transparency. Struers complies with these principles in addition to applicable law to ensure that employees, customers, suppliers and consumers feel safe when entrusting Struers with their data.</td></tr><tr><td /><td>Struers primarily processes data in connection with HR administration, customer interaction and supplier contact. Internal controls ensure that data is collected for specific and legitimate purposes and is processed in a lawful and fair manner, including that the processing includes only data necessary to fulfill the purpose of the processing. Furthermore, Struers strives to ensure that the data collected is always sufficient, relevant and correct.</td></tr><tr><td /><td>Data controllers ensures that personal data is not stored longer than necessary, that processing takes place with respect for the person’s privacy, and that stored data is protected against unauthorized destruction, alteration or publication. Struers enters into data processor agreements with third parties and does not sell data.</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">Set over en 5-årig periode kan selskabets udvikling beskrives ved følgende hoved- og nøgletal</td></tr></table><br><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">Der henvises til definitioner i afsnittet om regnskabspraksis vedrørende beregning af nøgletal.</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">Seen over a five-year period, the development of the Company is described by the following financial highlights</td></tr></table><br><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">For definitions af ratios, see under accounting policies.</td></tr></table> 770991000 399834000 224565000 163442000 303123000 3905000 0.519 0.291 0.053 0.95 0.078 <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">Årsrapporten for Struers ApS for 1. januar - 31. december 2021 er udarbejdet i overensstemmelse med den danske årsregnskabslovs bestemmelser for store virksomheder i regnskabsklasse C stor.</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 /><td>The Annual Report of Struers ApS for January 1 - December 31, 2021 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to large enterprises of reporting class C Large.</td></tr></table> true <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">Koncernregnskab</td></tr></table><br><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">I henhold til ÅRL § 112, stk. 2 er der ikke udarbejdet koncernregnskab. Årsrapporten for Struers ApS og tilknyttede dattervirksomheder indgår i koncernregnskabet for moderselskabet Roper Technologies, Inc., Sarasota, USA.</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 /><td>Consolidated Financial Statements</td></tr></table><br><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 /><td>Pursuant to section 112(2) of the Danish Financial Statements Act, no consolidated financial statements have been prepared. The Annual Report of Struers ApS and its subsidiary are included in the Consolidated Financial Statements of the parent Roper Technologies, Inc., Sarasota, USA.</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">Pengestrømsopgørelse</td></tr></table><br><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">I henhold til ÅRL § 86, stk. 4 er der ikke udarbejdet pengestrømsopgørelse.</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 /><td>Cash flow statement</td></tr></table><br><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 /><td>Pursuant to section 86(4) of the Danish Financial Statements Act, no Cash flow statements have been prepared.</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">Generelt om indregning og måling</td></tr><tr><td colspan="1">Regnskabet er udarbejdet med udgangspunkt i det historiske kostprincip.</td></tr><tr><td colspan="1">Aktiver indregnes i balancen, når det er sandsynligt at fremtidige økonomiske fordele vil tilflyde selskabet, og aktivets værdi kan måles pålideligt.</td></tr><tr><td colspan="1">Forpligtelser indregnes i balancen, når det er sandsynligt, at fremtidige økonomiske fordele vil fragå selskabet, og forpligtelsen kan måles pålideligt.</td></tr><tr><td colspan="1">Ved første indregning måles aktiver og forpligtelser til historisk kostpris. Efterfølgende måles aktiver og forpligtelser som beskrevet for hver enkelt regnskabspost nedenfor.</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 /><td>General recognition and measurement criteria</td></tr><tr><td /><td>The financial statement have been prepared under the historical cost method.</td></tr><tr><td /><td>Assets are recognised in the balance sheet when it is probable that future economic benefits attributable to the assets will flow to the company, and the value of the asset can be measured reliably.</td></tr><tr><td /><td>Liabilities are recognised in the balance sheet when it is probable there will be an outflow of future economic benefits from the company, and the value of the liability can be measured reliably.</td></tr><tr><td /><td>Upon initial recognition, assets and liabilities are measured at historical cost. Subsequently, assets and liabilities are measured as described for each item below.</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">Omregning af fremmed valuta</td></tr><tr><td colspan="1">Transaktioner i fremmed valuta er i årets løb omregnet til transaktionsdagens kurs. Gevinster og tab, der opstår på grund af forskelle mellem transaktionsdagens kurs og kursen på betalingsdagen, indregnes netto i resultatopgørelsen som en finansiel post.</td></tr><tr><td colspan="1">Tilgodehavender, gæld og andre monetære poster i fremmed valuta, som ikke er afregnet på balancedagen, omregnes til balancedagens kurs. Forskelle mellem balancedagens kurs og transaktionsdagens kurs indregnes netto i resultatopgørelsen som en finansiel post.</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 /><td>Foreign currency translation</td></tr><tr><td /><td>For the purpose of initial recognition, transactions in foreign currencies are translated at the exchange rates at the transaction date. Gains and losses arising between the exchange rates at the transaction date and the exchange rates at the settlement date are recognised in “Financing expenses and net income” in the income statement.</td></tr><tr><td /><td>Receivables, payables and other monetary items in foreign currencies not settled at the balance sheet date are translated at the exchange rates at the balance sheet date. Differences between the exchange rates at the balance sheet date and the exchange rates at the time of the occurrence of the receivable or the payable are recognised in “Financing expenses and net income” in the income statement.</td></tr><tr><td /><td>Income statement</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">Nettoomsætning</td></tr></table><br><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">Nettoomsætning ved salg af handels- og færdigvarer indregnes i resultatopgørelsen, såfremt levering og risikoovergang har fundet sted inden regnskabsårets udgang, og såfremt indtægter kan måles pålideligt og forventes modtaget. Nettoomsætning måles eksklusiv moms, afgifter og med fradrag af prisreduktioner i form af rabatter.</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 /><td>Revenue</td></tr></table><br><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 /><td>Revenue of goods for resale and finished goods are recognised in the income statement if delivery has been made and risk has been transferred before year end, and provided that the income can be reliably measured and may reasonably be expected to be received. Revenue are measured net of VAT and indirect taxes and less price reductions by way of discounts.</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">Vareforbrug</td></tr><tr><td colspan="1">Omkostninger til råvarer og hjælpematerialer indeholder det forbrug af råvarer og hjælpematerialer, der er anvendt for at opnå årets nettoomsætning.</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 /><td>Cost of goods sold</td></tr><tr><td /><td>Expenses for raw materials and consumables comprise the raw materials and consumables consumed to achieve revenue for the year.</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">Personaleomkostninger</td></tr><tr><td colspan="1">Personaleomkostninger indeholder gager og lønninger samt lønafhængige omkostninger.</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 /><td>Staff expenses</td></tr><tr><td /><td>Staff expenses comprise wages and salaries as well as payroll expenses.</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">Andre eksterne omkostninger</td></tr><tr><td colspan="1">Andre eksterne omkostninger indeholder omkostninger til lokaler, salg og distribution samt kontorhold mv.</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 /><td>Other external expenses</td></tr><tr><td /><td>Other external expenses comprise expenses for premises, sales and distribution as well as office expenses, etc.</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">Af- og nedskrivninger</td></tr><tr><td colspan="1">Af- og nedskrivninger indeholder årets af- og nedskrivninger af immaterielle og materielle anlægsaktiver.</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 /><td>Amortisation, depreciation and impairment losses</td></tr><tr><td /><td>Amortisation, depreciation and impairment losses comprise amortisation, depreciation and impairment of intangible assets and property, plant and equipment</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">Resultat af kapitalandele i dattervirksomheder</td></tr><tr><td colspan="1">I resultatopgørelsen indregnes modtagne udbytter samt værdireguleringer fra kapitalandele i dattervirksomheder.</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 /><td>Income from investments in subsidiaries</td></tr><tr><td /><td>The items “Income from investments in subsidiaries” in the income statement include dividends received and value adjustments.</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">Finansielle poster</td></tr></table><br><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">Finansielle indtægter og omkostninger omfatter renteindtægter og -omkostninger, kursgevinster og -tab vedrørende gæld og transaktioner i fremmed valuta.</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 /><td>Financial income and expenses</td></tr></table><br><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 /><td>Financial income and expenses comprise interest receipts and expenses, exchange gains and losses on debt and transactions in foreign currencies.</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">Skat af årets resultat</td></tr><tr><td colspan="1">Skat af årets resultat, som består af årets aktuelle skat og årets udskudte skat, indregnes i resultatopgørelsen med den del, der kan henføres til årets resultat og direkte på egenkapitalen med den del, der kan henføres til egenkapitaltransaktioner.</td></tr><tr><td colspan="1">Ændring i udskudt skat som følge af ændringer i skattesatser indregnes i resultatopgørelsen.</td></tr><tr><td colspan="1">Selskabet er sambeskattet med danske koncernforbundne selskaber. Skatteeffekten af sambeskatningen med moderselskabet fordeles på såvel overskuds- som underskudsgivende danske virksomheder i forhold til disses skattepligtige indkomster (fuld fordeling med refusion vedrørende skattemæssige underskud). De sambeskattede selskaber indgår i acontoskatteordningen.</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 /><td>Tax on profit/loss for the year</td></tr><tr><td /><td>Tax for the year consists of current tax for the year and deferred tax for the year. The tax attributable to the profit for the year is recognised in the income statement, whereas the tax attri-butable to equity transactions is recognised directly in equity.</td></tr><tr><td /><td>Any changes in deferred tax due to changes to tax rates are recognised in the income statement.</td></tr><tr><td /><td>The Company is jointly taxed with Danish group enterprises. The tax effect of the joint taxation with the parent Company is allocated to Danish enterprises showing profits or losses in proportion to their taxable incomes (full allocation with credit for tax losses). The jointly taxed enterprises have adopted the on-account taxation scheme.</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">Aktuelle skatteforpligtelser indregnes i balancen som kortfristet gæld i det omfang, der ikke er foretaget betaling heraf.</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 /><td>Current tax obligations are recorded in the balance sheet as short-term liabilities to the extent that they have not been paid.</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">Udskudte skatteforpligtelser indregnes i balancen som en hensættelse. Den udskudte skatteforpligtelse er indregnet som skatten af alle midlertidige forskelle. Den udskudte skatteforpligtelse beregnes med den aktuelle skatteprocent.</td></tr><tr><td colspan="1">Udskudte skatteaktiver indregnes i balancen som et finansielt anlægsaktiv, i det omfang det skønnes at kunne anvendes.</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 /><td>Deferred tax obligations are recorded in the balance sheet as a liability. The deferred tax obligation is recognized as the tax on all temporary differences. For calculating the deferred tax obligation the current tax rate is used.</td></tr><tr><td /><td>Deferred tax assets are recognized in the balance sheet as financial fixed assets to the extent that it is “more likely than not” that the asset is realizable.</td></tr><tr><td /><td>Balance sheet</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">Immaterielle anlægsaktiver</td></tr></table><br><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">Omkostninger på udviklingsprojekter omfatter gager, afskrivninger og andre omkostninger, der direkte og indirekte kan henføres til selskabets udviklingsaktiviteter.</td></tr><tr><td colspan="1">Udviklingsprojekter, der er klart definerede og identificerbare, hvor den tekniske udnyttelsesgrad, tilstrækkelige ressourcer og et potentielt fremtidigt marked eller udviklingsmulighed i virksomheden kan påvises, og hvor det er hensigten at fremstille, markedsføre eller anvende projektet, indregnes som immaterielle anlægsaktiver, såfremt der er tilstrækkelig sikkerhed for, at kapitalværdien af den fremtidige indtjening kan dække produktions-, salgs- og administrationsomkostninger samt selve udviklingsomkostningerne.</td></tr><tr><td colspan="1">Udviklingsprojekter, der ikke opfylder kriterierne for indregning i balancen, indregnes som omkostninger i resultatopgørelsen, i takt med at omkostningerne afholdes.</td></tr><tr><td colspan="1">Aktiverede udviklingsomkostninger måles til kostpris med fradrag af akkumulerede af- og nedskrivninger eller genindvindingsværdi, såfremt denne er lavere.</td></tr><tr><td colspan="1">Aktiverede udviklingsomkostninger afskrives fra tidspunktet for færdiggørelsen lineært over den periode, hvori udviklingsarbejdet forventes at frembringe økonomiske fordele. Afskrivningsperioden udgør dog maksimalt 5 år.</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 /><td>Intangible Assets</td></tr></table><br><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 /><td>Costs of development projects comprise salaries, amortisation and other expenses directly or indirectly attributable to the Company’s development activities.</td></tr><tr><td /><td>Development projects that are clearly defined and identifiable and in respect of which technical feasibility, sufficient resources and a potential future market or development opportunity in the enterprise can be demonstrated, and where it is the intention to manufacture, market or use the project, are recognised as intangible assets. This applies if sufficient certainty exists that the value in use of future earnings can cover cost of sales, distribution and administrative expenses involved as well as the development costs.</td></tr><tr><td /><td>Development projects that do not meet the criteria for recognition in the balance sheet are recognised as expenses in the income statement as incurred.</td></tr><tr><td /><td>Capitalised development costs are measured at cost less accumulated amortisation and impairment losses or at a lower recoverable amount.</td></tr><tr><td /><td>As of the date of completion, capitalised development costs are amortised on a straight-line basis over the period of the expected economic benefit from the development work, but not exceeding 5 years.</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">Materielle anlægsaktiver</td></tr><tr><td colspan="1">Materielle anlægsaktiver måles til kostpris med fradrag af akkumulerede af- og nedskrivninger.</td></tr><tr><td colspan="1">Kostprisen omfatter anskaffelsesprisen samt omkostninger direkte tilknyttet anskaffelsen indtil det tidspunkt, hvor aktivet er klar til brug.</td></tr><tr><td colspan="1">Afskrivningsgrundlaget fordeles lineært over aktivernes forventede brugstid, der udgør</td></tr><tr><td colspan="1">Tekniske anlæg og maskiner 3-5 år</td></tr><tr><td colspan="1">Indretning af lejede lokaler 5 år</td></tr><tr><td colspan="1">Andre anlæg, driftsmateriel og inventar 3-5 år</td></tr><tr><td colspan="1">Afskrivningsperiode og restværdi revurderes årligt.</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 /><td>Tangible fixed assets</td></tr><tr><td /><td>Property, plant and equipment are measured at cost less accumulated depreciation and less any accumulated impairment losses.</td></tr><tr><td /><td>Cost comprises the cost of acquisition and expenses directly related to the acquisition up until the time when the asset is ready for use.</td></tr><tr><td /><td>Depreciation is calculated on a straight-line basis over the expected useful lives of the assets, which are</td></tr><tr><td /><td>Technical Plant and machinery 3-5 years</td></tr><tr><td /><td>Leasehold improvements 5 years</td></tr><tr><td /><td>Other installations, equipment and fixtures 3-5 years</td></tr><tr><td /><td>Depreciation period and residual value are reassessed annually.</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">Kapitalandele i dattervirksomheder</td></tr><tr><td colspan="1">Kapitalandele i dattervirksomheder indregnes og måles i selskabets årsrapport til kostpris reguleret for eventuelle nedskrivninger. I tilfælde, hvor kostprisen overstiger genindvindingsværdien, nedskrives til denne lavere værdi.</td></tr><tr><td colspan="1">Ved afhændelse af investeringer i kapitalandele indregnes tabet eller gevinsten i resultatopgørelsen.</td></tr><tr><td colspan="1">Positiv eller negativ forskelsbeløb i forbindelse med erhvervelse af kapitalinteresser i dattervirksomheder medregnes i selskabets balance under posten ”Kapitalinteresser i dattervirksomheder”.</td></tr><tr><td colspan="1">Kapitalandele i datterselskaber med negativ egenkapital indregnes til nul kroner. Hvis der er en forpligtelse til at reetablere egenkapitalen, indregnes denne forpligtelse separat under hensættelserne.</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 /><td>Investments in subsidiaries</td></tr><tr><td /><td>Investments in subsidiaries are stated at cost less accumulated impairment losses in the Company’s balance sheet. Where cost exceeds the recoverable amount, writedown is made to this lower value.</td></tr><tr><td /><td>On disposal of investments in subsidiaries, the difference between net disposal proceeds and the carrying amounts of the investments taken to the income statement.</td></tr><tr><td /><td>Goodwill or negative goodwill relating to the acquisition of interests in subsidiaries is included in the item “Investments in subsidiaries” in the balance sheet of the Company.</td></tr><tr><td /><td>For investments in subsidiaries where the equity is negative, the cost of the investments is recognized at zero. If there is an obligation to re-establish equity, the obligation is recognized separately under provisions.</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">Varebeholdninger</td></tr></table><br><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">Varebeholdninger måles til kostpris efter FIFO-metoden eller nettorealisationsværdi, hvis denne er lavere.</td></tr><tr><td colspan="1">Kostpris for handelsvarer samt råvarer og hjælpematerialer omfatter købspris med tillæg af hjemtagelsesomkostninger.</td></tr><tr><td colspan="1">Kostpris for fremstillede færdigvarer samt varer under fremstilling omfatter kostpris for råvarer og hjælpematerialer samt indirekte produktionsomkostninger.</td></tr><tr><td colspan="1">Nettorealisationsværdien for varebeholdninger opgøres som summen af de fremtidige salgsindtægter, som varebeholdningerne på balancedagen forventes at indbringe som led i normal drift og fastsat under hensyntagen til omsættelighed, ukurans og udvikling i forventet salgspris med fradrag for de til salget beregnede omkostninger.</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 /><td>Inventories</td></tr></table><br><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 /><td>Inventories are measured at the lower of cost under the FIFO method and net realisable value.</td></tr><tr><td /><td>The cost of goods for resale, raw materials and consumables equals landed cost.</td></tr><tr><td /><td>The cost of finished goods and semi-finished goods comprises the cost of raw materials, consumables and indirect production costs.</td></tr><tr><td /><td>Net realisable value of inventories is the estimated selling price in the ordinary course of business less the expenses for completion and selling expenses, taking into account marketability, obsolescence and development of expected selling price less the calculated expenses related to the sale.</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">Tilgodehavender</td></tr></table><br><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">Tilgodehavender måles til balancedagens kostpris eller en lavere nettorealisationsværdi. Der hensættes til imødegåelse af forventede tab.</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 /><td>Receivables</td></tr></table><br><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 /><td>Receivables are measured in the balance sheet at lower of amortised cost and net realisable value. Provisions for bad debts are made.</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">Periodeafgrænsningsposter</td></tr><tr><td colspan="1">Periodeafgrænsningsposter opført som aktiver omfatter afholdte omkostninger vedrørende efterfølgende regnskabsår.</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 /><td>Prepayments and deferred income</td></tr><tr><td /><td>Prepayments stated as assets comprise expenses paid relating to subsequent financial years.</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">Periodeafgrænsningsposter opført som forpligtelser udgøres af modtagne betalinger vedrørende indtægter i de efterfølgende år.</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 /><td>Deferred income includes payments received in respect of income in subsequent years.</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">Egenkapital</td></tr><tr><td colspan="1">Udbytte</td></tr><tr><td colspan="1">Foreslået udbytte indregnes som en forpligtelse på tidspunktet for vedtagelse på generalforsamlingen. Udbytte, som forventes udbetalt for året vises som en særskilt post under egenkapitalen.</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 /><td>Shareholders’ equity</td></tr><tr><td /><td>Dividends</td></tr><tr><td /><td>Dividends are recognised as a liability at the time of adoption at the Annual General Meeting. Dividends proposed for the year are shown as a separate equity item.</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">Forpligtelser</td></tr><tr><td colspan="1">Garantiforpligtelser</td></tr><tr><td colspan="1">Garanti gives på visse produkter og der foretages en hensættelse til at dække omkostninger til reparationer eller erstatning af varer.</td></tr><tr><td colspan="1">Modtagne forudbetalinger fra kunder</td></tr><tr><td colspan="1">Modtagende forudbetalinger fra kunder udgør betalinger modtaget fra kunder for varer der leveres i efterfølgende år.</td></tr><tr><td colspan="1">Finansielle gældsforpligtelser</td></tr><tr><td colspan="1">Andre gældsforpligtelser, som omfatter gæld til leverandører, tilknyttede virksomheder samt anden gæld, måles til amortiseret kostpris.</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 /><td>Liabilities</td></tr><tr><td /><td>Provision for warranty</td></tr><tr><td /><td>Warranty is provided for some products and an accrual is made to cover for costs related to repairs and replacements.</td></tr><tr><td /><td>Prepayments received from customers</td></tr><tr><td /><td>Prepayments received from customers consist of payments received from customers for products to be delivered in the following year.</td></tr><tr><td /><td>Financial liabilities</td></tr><tr><td /><td>Other liabilities comprising trade payables, payables to subsidiaries and other liabilities are measured at amortised cost.</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">Nærtstående parter</td></tr><tr><td colspan="1">Der oplyses kun om transaktioner med nærtstående parter der ikke er indgået på markedsvilkår.</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 /><td>Related party transactions</td></tr><tr><td /><td>Information is only provided on related party transactions which are not concluded on market terms.</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="3">Hoved- og nøgletalsoversigt</td></tr><tr><td colspan="3">Nøgletallene er beregnet således</td></tr><tr><td>Bruttomargin</td><td>=</td><td>Bruttoresultat x 100 Nettoomsætning</td></tr><tr><td>Overskudsgrad</td><td>=</td><td>Primært driftsresultat x 100 / Nettoomsætning</td></tr><tr><td>Afkastningsgrad</td><td>=</td><td>Primært driftsresultat x 100 / Samlede aktiver</td></tr><tr><td>Soliditetsgrad</td><td>=</td><td>Egenkapitalultimo x 100 / Samlede aktiver</td></tr><tr><td>Forrentning af egenkapital</td><td>=</td><td>Årets resultat x 100 / Gennemsnitligegenkapital</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="3">Financial ratios</td></tr><tr><td colspan="3">The financial ratios have been calculated as follows</td></tr><tr><td>Gross margin</td><td>=</td><td>Gross profit x 100 /Revenue</td></tr><tr><td>Profit margin</td><td>=</td><td>Operating result x 100 /Revenue</td></tr><tr><td>Return on assets</td><td>=</td><td>Operating resultx100 / Total assets</td></tr><tr><td>Solvency ratio</td><td>=</td><td>Equity at year end x 100 / Total assets</td></tr><tr><td>Return on equity</td><td>=</td><td>Netresult for the year x 100 /Averageequity</td></tr></table> 337540000 33617000 173022000 2247000 163441000 388005000 84882000 <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 width="100%" colspan="4" align="left" valign="middle" >Egenkapitalopgørelse</td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" >Statement of Changes in Shareholders' Equity and Reserves</td></tr><tr><td colspan="4"></td></tr><tr><td width="24%" ></td><td width="25%" colspan="1" align="right" valign="middle" >Anparts-kapital</td><td width="25%" colspan="1" align="right" valign="middle" >Overført resultat</td><td width="26%" colspan="1" align="right" valign="middle" >I alt</td></tr><tr><td width="24%" ></td><td width="25%" colspan="1" align="right" valign="middle" >Share capital</td><td width="25%" colspan="1" align="right" valign="middle" >Retained earnings</td><td width="26%" colspan="1" align="right" valign="middle" >Total</td></tr><tr><td width="24%" ></td><td width="25%" colspan="1" align="right" valign="middle" >TDKK</td><td width="25%" colspan="1" align="right" valign="middle" >TDKK</td><td width="26%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="4"></td></tr><tr><td width="24%" colspan="1" align="left" valign="middle" >Egenkapital pr. 1. januar 2021</td><td width="25%" align="right" valign="middle" >3.000</td><td width="25%" align="right" valign="middle" >3.732.268</td><td width="26%" align="right" valign="middle" >3.735.268</td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" >Equity at January 1, 2021</td></tr><tr><td width="24%" colspan="1" align="left" valign="middle" >Årets resultat</td><td width="25%" align="right" valign="middle" >0</td><td width="25%" align="right" valign="middle" >303.123</td><td width="26%" align="right" valign="middle" >303.123</td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" >Net profit for the year</td></tr><tr><td width="24%" colspan="1" align="left" valign="middle" >Egenkapital pr. 31. december 2021</td><td width="25%" align="right" valign="middle" >3.000</td><td width="25%" align="right" valign="middle" >4.035.392</td><td width="26%" align="right" valign="middle" >4.038.392</td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" >Equity at December 31, 2021</td></tr><tr><td colspan="4"></td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" >Selskabskapitalen består af 3.000 aktier af TDKK 1. Ingen aktier er tillagt særlige rettigheder.</td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" >The share capital consists of 3,000 shares of TDKK 1. No shares carry any special rights.</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 width="100%" colspan="3" align="left" valign="middle" ></td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Nettoomsætning</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Revenue</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >2021</td><td width="11%" align="right" valign="middle" >2020</td></tr><tr><td width="79%" ></td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td><td width="11%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Aktiviteter</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Activity</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Produkter</td><td width="10%" align="right" valign="middle" >697.541</td><td width="11%" align="right" valign="middle" >589.757</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Products</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Serviceydelser</td><td width="10%" align="right" valign="middle" >73.450</td><td width="11%" align="right" valign="middle" >58.408</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Service</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >770.991</td><td width="11%" align="right" valign="middle" >648.165</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Geografiske markeder</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Geographic markets</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Europa</td><td width="10%" align="right" valign="middle" >322.744</td><td width="11%" align="right" valign="middle" >266.823</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Europe</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Resten af verden</td><td width="10%" align="right" valign="middle" >448.247</td><td width="11%" align="right" valign="middle" >381.342</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Rest of the World</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >770.991</td><td width="11%" align="right" valign="middle" >648.165</td></tr><tr><td colspan="3"></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 width="100%" colspan="3" align="left" valign="middle" >Medarbejderforhold</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Staff</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >2021</td><td width="11%" align="right" valign="middle" >2020</td></tr><tr><td width="79%" ></td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td><td width="11%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Personale omkostninger udgør følgende beløb</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Employee costs comprise the following amounts</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Lønninger og gager</td><td width="10%" align="right" valign="middle" >153.332</td><td width="11%" align="right" valign="middle" >120.816</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Payroll costs</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Pensioner</td><td width="10%" align="right" valign="middle" >11.605</td><td width="11%" align="right" valign="middle" >10.323</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Pension costs</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Øvrige personaleomkostninger</td><td width="10%" align="right" valign="middle" >8.085</td><td width="11%" align="right" valign="middle" >5.478</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Other employee expenses</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >173.022</td><td width="11%" align="right" valign="middle" >136.617</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Med henvisning til årsregnskabslovens § 98 B stk. 3 er vederlaget til direktionen ikke oplyst.</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Remuneration to the Executive Board has not been disclosed in accordance with section 98 B(3) of the Danish Financial Statements Act.</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Antal gennemsnitlige medarbejdere.</td><td width="10%" align="right" valign="middle" >215</td><td width="11%" align="right" valign="middle" >212</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Average number of employees.</td></tr><tr><td colspan="3"></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 width="100%" colspan="3" align="left" valign="middle" >Finansielle indtægter</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Financial income</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >2021</td><td width="11%" align="right" valign="middle" >2020</td></tr><tr><td width="79%" ></td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td><td width="11%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Renteindtægter tilknyttede virksomheder</td><td width="10%" align="right" valign="middle" >165.665</td><td width="11%" align="right" valign="middle" >154.760</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Interest received from group enterprises</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Valutakursgevinster</td><td width="10%" align="right" valign="middle" >4.160</td><td width="11%" align="right" valign="middle" >3.466</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Exchange gains</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >169.825</td><td width="11%" align="right" valign="middle" >158.226</td></tr><tr><td colspan="3"></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 width="100%" colspan="3" align="left" valign="middle" >Finansielle omkostninger</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Financial expenses</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >2021</td><td width="11%" align="right" valign="middle" >2020</td></tr><tr><td width="79%" ></td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td><td width="11%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Renteudgifter</td><td width="10%" align="right" valign="middle" >972</td><td width="11%" align="right" valign="middle" >1.931</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Interest expenses</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Valutakursreguleringer, tab</td><td width="10%" align="right" valign="middle" >5.411</td><td width="11%" align="right" valign="middle" >9.148</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Exchange losses</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >6.384</td><td width="11%" align="right" valign="middle" >11.079</td></tr><tr><td colspan="3"></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 width="100%" colspan="3" align="left" valign="middle" >Selskabsskat</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Corporate income tax</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >2021</td><td width="11%" align="right" valign="middle" >2020</td></tr><tr><td width="79%" ></td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td><td width="11%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Årets aktuelle skat</td><td width="10%" align="right" valign="middle" >89.468</td><td width="11%" align="right" valign="middle" >68.763</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Tax provision of the year</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Regulering af udskudt skat</td><td width="10%" align="right" valign="middle" >-3.390</td><td width="11%" align="right" valign="middle" >125</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Adjustment of Deferred tax</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Regulering vedrørende tidligere år</td><td width="10%" align="right" valign="middle" >-1.196</td><td width="11%" align="right" valign="middle" >457</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Adjustments regarding previous years</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Årets skat</td><td width="10%" align="right" valign="middle" >84.882</td><td width="11%" align="right" valign="middle" >69.345</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Tax for the year</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Udskudt skat fremkommer således</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Deferred tax asset development</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Udskudt skat 1. januar</td><td width="10%" align="right" valign="middle" >839</td><td width="11%" align="right" valign="middle" >964</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Deferred tax as of January 1</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Årets ændring af udskudt skat</td><td width="10%" align="right" valign="middle" >3.390</td><td width="11%" align="right" valign="middle" >-125</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Change in deferred tax during the year</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Udskudt skat pr. 31. december</td><td width="10%" align="right" valign="middle" >4.229</td><td width="11%" align="right" valign="middle" >839</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Deferred tax as of December 31</td></tr><tr><td colspan="3"></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 width="100%" colspan="5" align="left" valign="middle" >Materielle anlægsaktiver</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Tangible fixed assets</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" ></td><td width="8%" colspan="1" align="right" valign="middle" >Tekniske anlæg og maskiner</td><td width="8%" colspan="1" align="right" valign="middle" >Indretning af lejede lokaler</td><td width="8%" colspan="1" align="right" valign="middle" >Andre anlæg, driftsmateriel, inventar og software</td><td width="10%" colspan="1" align="right" valign="middle" >Materielle anlægsaktiver under udførelse</td></tr><tr><td width="66%" ></td><td width="8%" colspan="1" align="right" valign="middle" >Technical plant and machinery</td><td width="8%" colspan="1" align="right" valign="middle" >Leasehold im-provements</td><td width="8%" colspan="1" align="right" valign="middle" >Other fixtures, operating equipment and software</td><td width="10%" colspan="1" align="right" valign="middle" >Fixed assets under construction</td></tr><tr><td width="66%" ></td><td width="8%" colspan="1" align="right" valign="middle" >TDKK</td><td width="8%" colspan="1" align="right" valign="middle" >TDKK</td><td width="8%" colspan="1" align="right" valign="middle" >TDKK</td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Kostpris 1. januar 2021</td><td width="8%" align="right" valign="middle" >14.496</td><td width="8%" align="right" valign="middle" >6.573</td><td width="8%" align="right" valign="middle" >41.774</td><td width="10%" align="right" valign="middle" >1.391</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Cost at January 1, 2021</td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Tilgang i året</td><td width="8%" align="right" valign="middle" >0</td><td width="8%" align="right" valign="middle" >644</td><td width="8%" align="right" valign="middle" >209</td><td width="10%" align="right" valign="middle" >3.052</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Additions for the year</td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Afgang i året</td><td width="8%" align="right" valign="middle" >1.634</td><td width="8%" align="right" valign="middle" >-13</td><td width="8%" align="right" valign="middle" >874</td><td width="10%" align="right" valign="middle" >573</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Disposals for the year</td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Kostpris 31. december 2021</td><td width="8%" align="right" valign="middle" >12.861</td><td width="8%" align="right" valign="middle" >7.229</td><td width="8%" align="right" valign="middle" >41.109</td><td width="10%" align="right" valign="middle" >3.870</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Cost at December 31, 2021</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Akkumulerede af- og nedskrivninger 1. januar 2021</td><td width="8%" align="right" valign="middle" >12.901</td><td width="8%" align="right" valign="middle" >6.502</td><td width="8%" align="right" valign="middle" >36.777</td><td width="10%" align="right" valign="middle" >0</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Accumulated depreciation and write-downs at January 1, 2021</td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Årets afskrivninger</td><td width="8%" align="right" valign="middle" >415</td><td width="8%" align="right" valign="middle" >148</td><td width="8%" align="right" valign="middle" >2.561</td><td width="10%" align="right" valign="middle" >0</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Depreciation for the year</td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Afgange i afskrivninger</td><td width="8%" align="right" valign="middle" >1.634</td><td width="8%" align="right" valign="middle" >-5</td><td width="8%" align="right" valign="middle" >1.992</td><td width="10%" align="right" valign="middle" >0</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Accumulated depreciation disposed for the year</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Akkumulerede af- og nedskrivninger 31. december 2021</td><td width="8%" align="right" valign="middle" >11.682</td><td width="8%" align="right" valign="middle" >6.655</td><td width="8%" align="right" valign="middle" >37.345</td><td width="10%" align="right" valign="middle" >0</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Accumulated depreciation and write-downs at December 31, 2021</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Regnskabsmæssig værdi 31. december 2021</td><td width="8%" align="right" valign="middle" >1.180</td><td width="8%" align="right" valign="middle" >574</td><td width="8%" align="right" valign="middle" >3.763</td><td width="10%" align="right" valign="middle" >3.870</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Carrying amount at December 31, 2021</td></tr><tr><td colspan="5"></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 width="100%" colspan="5" align="left" valign="middle" >Kapitalandele i dattervirksomheder</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Investments in subsidiaries</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" ></td><td width="8%" align="right" valign="middle" >2021</td><td width="8%" align="right" valign="middle" >2020</td><td width="8%" ></td><td width="10%" ></td></tr><tr><td width="66%" ></td><td width="8%" colspan="1" align="right" valign="middle" >TDKK</td><td width="8%" colspan="1" align="right" valign="middle" >TDKK</td><td width="8%" colspan="1" align="right" valign="middle" ></td><td width="10%" colspan="1" align="right" valign="middle" ></td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Kostpris 1. januar</td><td width="8%" align="right" valign="middle" >704.999</td><td width="8%" align="right" valign="middle" >704.999</td><td width="8%" ></td><td width="10%" ></td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Cost at January 1</td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Kostpris 31. december</td><td width="8%" align="right" valign="middle" >704.999</td><td width="8%" align="right" valign="middle" >704.999</td><td width="8%" ></td><td width="10%" ></td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Cost at December 31</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Værdiregulering 1. januar</td><td width="8%" align="right" valign="middle" >-83.427</td><td width="8%" align="right" valign="middle" >-83.427</td><td width="8%" ></td><td width="10%" ></td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Value adjustment at January 1</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Værdiregulering 31. december</td><td width="8%" align="right" valign="middle" >-83.427</td><td width="8%" align="right" valign="middle" >-83.427</td><td width="8%" ></td><td width="10%" ></td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Value adjustment at December 31</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Regnskabsmæssig værdi 31. december</td><td width="8%" align="right" valign="middle" >621.572</td><td width="8%" align="right" valign="middle" >621.572</td><td width="8%" ></td><td width="10%" ></td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Carrying amount at December 31</td></tr><tr><td colspan="5"></td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Kapitalandele i dattervirksomheder specificeres således</td></tr><tr><td width="100%" colspan="5" align="left" valign="middle" >Investments in subsidiaries are specified as follows</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Navn</td><td width="8%" colspan="1" align="right" valign="middle" >Hjemsted</td><td width="8%" colspan="1" align="right" valign="middle" >Årets resultat</td><td width="8%" colspan="1" align="right" valign="middle" >Egenkapital</td><td width="10%" colspan="1" align="right" valign="middle" >Stemme- og ejerandel</td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Name</td><td width="8%" colspan="1" align="right" valign="middle" >Place of reg.office</td><td width="8%" colspan="1" align="right" valign="middle" >Net profit for the year</td><td width="8%" colspan="1" align="right" valign="middle" >Share capital</td><td width="10%" colspan="1" align="right" valign="middle" >Votes and ownership</td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Struers K.K.</td><td width="8%" colspan="1" align="right" valign="middle" >Japan</td><td width="8%" colspan="1" align="right" valign="middle" >JPY 44 856</td><td width="8%" colspan="1" align="right" valign="middle" >JPY 1 486 148</td><td width="10%" align="right" valign="middle" >100%</td></tr><tr><td width="66%" ></td><td width="8%" colspan="1" align="right" valign="middle" >Japan</td><td width="8%" colspan="1" align="right" valign="middle" ></td><td width="8%" colspan="1" align="right" valign="middle" ></td><td width="10%" colspan="1" align="right" valign="middle" ></td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Roper UK Investments Ltd</td><td width="8%" colspan="1" align="right" valign="middle" >England</td><td width="8%" colspan="1" align="right" valign="middle" >GBP 2 094</td><td width="8%" colspan="1" align="right" valign="middle" >GBP 49 261</td><td width="10%" align="right" valign="middle" >100%</td></tr><tr><td width="66%" ></td><td width="8%" colspan="1" align="right" valign="middle" >England</td><td width="8%" colspan="1" align="right" valign="middle" ></td><td width="8%" colspan="1" align="right" valign="middle" ></td><td width="10%" colspan="1" align="right" valign="middle" ></td></tr><tr><td colspan="5"></td></tr><tr><td width="66%" colspan="1" align="left" valign="middle" >Roper Scot LP</td><td width="8%" colspan="1" align="right" valign="middle" >Skotland</td><td width="8%" colspan="1" align="right" valign="middle" >GBP 5 439</td><td width="8%" colspan="1" align="right" valign="middle" >GBP 73 449</td><td width="10%" align="right" valign="middle" >81,43%</td></tr><tr><td width="66%" ></td><td width="8%" colspan="1" align="right" valign="middle" >Scotland</td><td width="8%" colspan="1" align="right" valign="middle" ></td><td width="8%" colspan="1" align="right" valign="middle" ></td><td width="10%" colspan="1" align="right" valign="middle" ></td></tr><tr><td colspan="5"></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 width="100%" colspan="3" align="left" valign="middle" >Varebeholdninger</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Inventories</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >2021</td><td width="11%" align="right" valign="middle" >2020</td></tr><tr><td width="79%" ></td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td><td width="11%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Råvarer og hjælpematerialer</td><td width="10%" align="right" valign="middle" >27.464</td><td width="11%" align="right" valign="middle" >20.716</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Raw materials and consumables</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Varer under fremstilling</td><td width="10%" align="right" valign="middle" >3.663</td><td width="11%" align="right" valign="middle" >1.936</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Work in process</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Fremstillede færdigvarer og handelsvarer</td><td width="10%" align="right" valign="middle" >47.982</td><td width="11%" align="right" valign="middle" >43.020</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Manufactured goods and goods for resale</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >79.109</td><td width="11%" align="right" valign="middle" >65.672</td></tr><tr><td colspan="3"></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 width="100%" colspan="1" align="left" valign="middle" >Periodeafgrænsningsposter</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Prepayments</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Periodeafgrænsningsposter udgøres primært af forudbetalt husleje samt omkostninger vedrørende forudbetalte forsikringspræmier.</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Prepayments consist primarily of prepaid rent of location as well as prepaid expenses concerning insurance.</td></tr><tr><td colspan="1"></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 width="100%" colspan="1" align="left" valign="middle" >Langfristet gæld</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Long-term debt</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Gældsforpligtelserne forfalder efter 5 år.</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Debt obligations are due after 5 years.</td></tr><tr><td colspan="1"></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 width="100%" colspan="3" align="left" valign="middle" >Anden gæld</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Other debt</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >2021</td><td width="11%" align="right" valign="middle" >2020</td></tr><tr><td width="79%" ></td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td><td width="11%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >A-skat m.v.</td><td width="10%" align="right" valign="middle" >5.152</td><td width="11%" align="right" valign="middle" >12.059</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Employee taxes, etc.</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Feriepengeforpligtelse</td><td width="10%" align="right" valign="middle" >10.016</td><td width="11%" align="right" valign="middle" >6.909</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Vacation pay obligations</td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Andet</td><td width="10%" align="right" valign="middle" >31.328</td><td width="11%" align="right" valign="middle" >19.880</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Other</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >46.496</td><td width="11%" align="right" valign="middle" >38.849</td></tr><tr><td colspan="3"></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 width="100%" colspan="3" align="left" valign="middle" >Honorar til generalforsamlingsvalgt revisor</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Fee to auditors appointed at the general meeting</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >2021</td><td width="11%" align="right" valign="middle" >2020</td></tr><tr><td width="79%" ></td><td width="10%" colspan="1" align="right" valign="middle" >TDKK</td><td width="11%" colspan="1" align="right" valign="middle" >TDKK</td></tr><tr><td colspan="3"></td></tr><tr><td width="79%" colspan="1" align="left" valign="middle" >Revision</td><td width="10%" align="right" valign="middle" >300</td><td width="11%" align="right" valign="middle" >300</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Audit</td></tr><tr><td width="79%" ></td><td width="10%" align="right" valign="middle" >300</td><td width="11%" align="right" valign="middle" >300</td></tr><tr><td colspan="3"></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 width="100%" colspan="1" align="left" valign="middle" >Eventualforpligtigelser</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Contingent liabilities</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Leje og leasingforpligtelser udgør TDKK 63.780 (71.562)</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Rent and lease obligations amount to TDKK 63,780 (71,562)</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Selskabet har samlede bankgarantier for TDKK 794 (2.075)</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >The Company has total bank guarantees TDKK 794 (2,075)</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Struers ApS er sambeskattet med de øvrige danske selskaber i Roper koncernen. Sambeskatningen omfatter også kildeskat i form af skat på udbytte, royalty og renter. De danske selskaber hæfter solidarisk og individuelt for sambeskatningen. Eventuelle senere korrektioner af den skattepligtige sambeskatningsindkomst eller kildeskatter kan medføre en større hæftelsesforpligtelse.</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Struers ApS are jointly taxed with the Danish companies in the Roper Group. The joint taxation also covers withholding taxes in the form of dividend tax, royalty tax and interest tax. The Danish companies are jointly and individually liable for the joint taxation. Any subsequent adjustments to income taxes and withholding taxes may lead to a larger liability.</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Skatten for de individuelle selskaber er fuldt fordelt på baggrund af den forventede skattepligtige indkomst.</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >The tax for the individual companies is allocated in full on the basis of the expected taxable income.</td></tr><tr><td colspan="1"></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 width="100%" colspan="3" align="left" valign="middle" >Nærtstående parter og ejerforhold</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Related parties and ownership</td></tr><tr><td colspan="3"></td></tr><tr><td width="89%" colspan="2" align="left" valign="middle" >Bestemmende indflydelse</td><td width="11%" colspan="1" align="right" valign="middle" >Grundlag</td></tr><tr><td width="89%" colspan="2" align="left" valign="middle" >Controlling influence</td><td width="11%" colspan="1" align="right" valign="middle" >Basis</td></tr><tr><td colspan="3"></td></tr><tr><td width="89%" colspan="2" align="left" valign="middle" >Struers SAS</td><td width="11%" colspan="1" align="right" valign="middle" >Ejer 100% af anpartskapitalen i Struers ApS</td></tr><tr><td width="89%" colspan="2" align="left" valign="middle" >370 rue du Marché Rollay</td><td width="11%" colspan="1" align="right" valign="middle" >Owns 100% of the share capital in Struers ApS</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >94507 Champigny sur Marne cedex, France</td></tr><tr><td colspan="3"></td></tr><tr><td width="89%" colspan="2" align="left" valign="middle" >Øvrige næststående parter</td><td width="11%" colspan="1" align="right" valign="middle" >Grundlag</td></tr><tr><td width="89%" colspan="2" align="left" valign="middle" >Other related party</td><td width="11%" colspan="1" align="right" valign="middle" >Basis</td></tr><tr><td colspan="3"></td></tr><tr><td width="89%" colspan="2" align="left" valign="middle" >Roper Technologies, Inc.</td><td width="11%" colspan="1" align="right" valign="middle" >Det ultimative moderselskab</td></tr><tr><td width="89%" colspan="2" align="left" valign="middle" >6901 Professional Parkway East, suite 200</td><td width="11%" colspan="1" align="right" valign="middle" >The ultimate parent company</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Sarasota, Florida 34240</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Koncernregnskab</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Consolidated Financial Statements</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Struers ApS er 100 %-ejet datterselskab af Struers SAS, Frankrig.</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Struers ApS is 100% owned by Struers SAS,France.</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Selskabet indgår i koncernregnskabet for Roper Technologies, Inc. (det ultimative moderselskab), Florida, USA.</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >The Company is included in the Consolidated Financial Statements of Roper Technologies, Inc. (the ultimate parent company), Florida, USA.</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Årsrapporten inklusive koncernregnskabet for Roper Technologies, Inc. kan rekvireres på følgende adresse</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >The Annual Report including the Consolidated Financial Statements of Roper Technologies, Inc. may be obtained at the following address</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Roper Technologies, Inc.</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >6901 Professional Parkway East, suite 200</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Sarasota, Florida 34240</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Transaktioner med Nærtstående parter</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Related party transactions</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Alle transaktioner med nærtstående parter er indgået på markedsvilkår</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >All transactions with related party are concluded on market terms.</td></tr><tr><td colspan="3"></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 width="100%" colspan="1" align="left" valign="middle" >Efterfølgende begivenheder</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Subsequent events</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Der er ikke indtruffet forhold efter regnskabsårets afslutning, der har væsentlig betydning for selskabets økonomiske stilling.</td></tr><tr><td colspan="1"></td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >No events of material importance to the financial position of the company have occurred.</td></tr></table> Årsrapport 15683309 Struers ApS Pederstrupvej 84 2750 Ballerup xWizard version 1.1.1126.0, by EasyX Aps. www.easyx.eu 2020-01-01 2020-12-31 Revisionspåtegning Grundlag for konklusion Konklusion 215 Steen Arne Jensen Christina Marie Able Jason Philip Conley Steen Arne Jensen Benedikt Wenk-Niebe Ole Victor Berg 648165000 304682000 166045000 147147000 243846000 6594000 0.47 0.256 0.039 0.877 0.067 851604000 441047000 283583000 137356000 317964000 6294000 0.518 0.333 0.072 0.89 0.095 848001000 423054000 257538000 128616000 311770000 1533000 0.499 0.304 0.07 0.858 0.095 832369000 413316000 250467000 102978000 267821000 14423000 0.497 0.301 0.07 0.941 0.083 4249979000 4038392000 1180000 574000 3763000 3870000 9387000 3564000 3304625000 621572000 3929761000 3939148000 79109000 26508000 92994000 1490000 8391000 4229000 133612000 98110000 310831000 3000000 4035392000 772000 0 772000 11926000 11926000 29748000 87964000 32481000 2200000 46496000 198889000 4249979000 4258298000 3735268000 3923185000 3491422000 3697424000 3173458000 3568497000 3359480000 648165000 314477000 29006000 304682000 136617000 2020000 166045000 147147000 313191000 69345000 243846000 1595000 70000 4997000 1391000 8053000 3382000 3404864000 621572000 4029818000 4037872000 65672000 20848000 29121000 4016000 11744000 839000 66568000 88185000 220426000 4258298000 3000000 3732268000 3735268000 1082000 0 1082000 12285000 12285000 369682000 68516000 30258000 2358000 38849000 509663000 4258298000 0 0 303123000 243846000 Pricewaterhouse Coopers Statsautoriseret Revisionspartnerselskab Strandvejen 44 33771231 Torben Jensen statsautoriseret revisor mne18651