The supervisory board and executive board have today discussed and approved the annual report of Acer Denmark A/S for the financial year 1 January - 31 December 2022.The annual report is prepared in accordance with the Danish Financial Statements Act.In our opinion, the financial statements give a true and fair view of the company's financial position at 31 December 2022 and of the results of the company's operations for the financial year 1 January - 31 December 2022.In our opinion, management's review includes a fair review of the matters dealt with in the management's review.Management recommends that the annual report should be approved by the company in general meeting.Emmanuel Pierre Marie FromontTai-Chi ShihchairmanHenrik FrydahlEmmanuel Pierre Marie FromontTo the shareholders of Acer Denmark A/SWe have performed extended review of the financial statements of Acer Denmark A/S for the financial year 1 January - 31 December 2022, which comprise a summary of significant accounting policies, income statement, balance sheet, statement of changes in equity and notes. The financial statements are prepared under the Danish Financial Statements Act. Based on the performed work it is our opinion, that the financial statements give a true and fair view of the company's financial position at 31 December 2022 and of the results of the company's operations for the financial year 1 January - 31 December 2022 in accordance with the Danish Financial Statements Act.We conducted our extended review in accordance with the Danish Business Authority's standard on auditor's report for small enterprises and FSR - danish auditors' standard on extended review of financial statements in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the “Auditor's responsibilities for the extended review 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 and IESBA Code. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.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. 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.Our responsibility is to express a conclusion on the accompanying financial statements. This requires us to perform procedures in order to obtain limited assurance for our conclusion on these financial statements, and in addition perform specifically required supplementary procedures in order to obtain additional assurance for our conclusion. An extended review of financial statements includes procedures primarily consisting of making inquiries of management and others within the entity, as appropriate, applying analytical procedures and the specifically required supplementary procedures, and evaluating the evidence obtained. The procedures performed in an extended review are less than those performed in an audit and accordingly we do not express an audit opinion on these financial statements.Statement on management's review Management is responsible for management's review. Our opinion on the financial statements does not cover management's review, and we do not express any form of assurance conclusion thereon. In connection with our extended review of the financial statements, our responsibility is to read 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 extended review, or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether management's review provides the information required under the Danish Financial Statements Act. Based on the work we have performed, we conclude that management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statements Act. We did not identify any material misstatement of management's review.Copenhagen2023-05-02Baker Tilly DenmarkPeter AagesenState Authorised Public Accountantmne41287Business review Acer Denmark A/S acts as marketing company for Acer Computer GmbH. As consideration for the company's activities in Denmark the company is paid marketing and promotional service fees at cost-plus basis which is mutually agreed by both parties. The organizational solution and compensation model is based on the goal of maintaining an efficient organization with low costs and an increased focus on to commit marketing and promotional services related to Acer products.Financial review The company's income statement for the year ended 31 December 2022 shows a profit of DKK 670.806, and the balance sheet at 31 December 2022 shows equity of DKK 7.354.986.Significant events occurring after the end of the financial year No events have occurred after the balance sheet date which could significantly affect the company's financial position.Risks With the solution and compensation model based on the goal maintaining an efficient organization with low costs and an increased focus on to commit marketing and promotional services related to Acer products we expect no risks for the future for the company.Significant events occurring after the end of the financial year No events have occurred after the balance sheet date which could significantly affect the company's financial position.16561916171334471558932616077073224482580950142105379425182194484977856692682797542225602119852967080677689367080677689337290647663729064766372906476629112129685215897235682049372022735119555226939733198994508910245153104677821028244310532548100000010000006354986568418073549866684180128797113538103153916786512775610029416393653466671292745738483682927457384836810282443105325481000000568418067080610000006354986The share capital consist of 100 shares of each DKK 10.000. The share capital has remained unchanged over the last 5 years.1458314815118181972789927270333893162215589326160770731514217756182704767215825305930 Provisions for deferred tax on: Provision for deferred tax at 1 January 23.568 39.393 Provision for the year -7.672 -15.825 Transferred to deferred tax asset 15.896 23.568 Deferred tax asset Calculated tax asset 15.896 23.568 Carrying amount 15.897 23.568 2356839393-7672-15825Operating lease liabilities. Total future lease payments: Within 1 year 463.965 466.239 Between 1 and 5 years 349.805 813.770 813.770 1.280.009The company's immediate parent company where consolidated accounts are prepared is Acer Europe B.V. The ultimate parent company where consolidated accounts are prepared is Acer Inc., Taiwan. The group annual reports are obtainable from the company's address.The following shareholders are listed in the company register as owning minimum of 5% of the votes or a minimum of 5% of the share capital: Acer Computer B.V. Europalaan 89 5232 BC's-Hertogenbosch The Netherlands Associated companies in the Acer group.Acer Denmark A/S is marketing company to its related company Acer Computer GmbH, and is continuously evaluated and remunerated on a rolling based on a cost plus mechanism. Årsrapport35257691Baker Tilly DenmarkPoul Bundgaards Vej 1, 1.2500 Valby2022-01-012022-12-312021-01-012021-12-3115516445Acer Denmark A/SStrandvejen702900HellerupDKDanmark1991-10-01GentofteBaker Tilly Denmark35257691Peter AagesenState Authorised Public AccountantPoul Bundgaards Vej1, 1.2500ValbyDKDanmark334510002023-05-02Tai-Chi ShihRegnskabsklasse BtrueErklæring om udvidet gennemgangCaseWare-FSRfalsefalsefalsefalseThe annual report of Acer Denmark A/S for 2022 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to reporting class B entities, as well as provisions applying to reporting class C entities. The accounting policies applied are consistent with those of last year.Income is recognised in the income statement as earned, including value adjustments of financial assets and liabilities. All expenses, including amortisation, depreciation and impairment losses, are also recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future economic benefits will flow to the company and the value of the asset can be measured reliably. Liabilities are recognised in the balance sheet when it is probable that future economic benefits will flow from the company and the value of the liability can be measured reliably. On initial recognition, assets and liabilities are measured at cost. On subsequent recognition, assets and liabilities are measured as described below for each individual accounting item. Certain financial assets and liabilities are measured at amortised cost using the effective interest method. Amortised cost is calculated as the historic cost less any installments and plus/less the accumulated amortisation of the difference between the cost and the nominal amount. On recognition and measurement, allowance is made for predictable losses and risks which occur before the annual report is presented and which confirm or invalidate matters existing at the balance sheet date.In pursuance of section 32 of the Danish Financial Statements Act, the company does not disclose its revenue. Income from services are recognised in the income statement provied that delivery and transfer of risk to the buyer have been taken place before year end and that income can be reliably measured and is expected to be received. The revenue is calculated exclusive of VAT, charges and discounts. Marketing and services fees are recognised at the time where the underlying transaction was performed.Costs of raw materials and consumables include the raw materials and consumables used in generating the year’s revenue.Other external costs include expenses related to distribution, sale, advertising, administration, premises, bad debts, payments under operating leases, etc.Staff costs include wages and salaries, including compensated absence and pensions, as well as other social security contributions, etc. made to the entity's employees.Amortisation, depreciation and impairment losses comprise the year's amortisation, depreciation and impairment of intangible assets and property, plant and equipment.Financial income and expenses comprise interest income and expenses and payables and transactions denominated in foreign currencies.Tax for the year, which comprises the current tax charge for the year and changes in the deferred tax charge, is recognised in the income statement as regards the portion that relates to the profit/loss for the year and directly in equity as regards the portion that relates to entries directly in equity.Items of plant and machinery and fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses. The depreciable amount is cost less the expected residual value at the end of the useful life. Cost comprises the purchase price and any costs directly attributable to the acquisition until the date when the asset is available for use. The cost of self-constructed assets comprises direct and indirect costs of materials, components, sub-suppliers and wages. Straight-line depreciation is provided on the basis of the following estimated useful lives of the assets: Fixtures and fittings, tools and equipment 2 years The useful life and residual value are re-assessed annually. A change is accounted for as an accounting estimate, and the impact on amortisation/depreciation is recognised going forward. Gains and losses on the sale of items of property, plant and equipment are calculated as the difference between the selling price, less costs to sell, and the carrying amount at the time of sale. Gains or losses on the sale of items of property, plant and equipment are recognised in the income statement under other operating income or other operating expenses, respectively.Receivables are measured at amortised cost.Prepayments recognised under 'Current assets' comprises expenses incurred concerning subsequent financial years.Dividends Proposed dividends are disclosed as a separate item under equity. Dividends are recognised as a liability when declared by the annual general meeting of shareholders.Provisions comprise expected expenses relating to warranty commitments, losses on work in progress, restructuring, etc. Provisions are recognised when, as a result of a past event, the company has a legal or constructive obligation and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation.Deferred tax assets, including the tax base of tax losses allowed for carry forward, are measured at the value to which the asset is expected to be realised, either as a set-off against tax on future income or as a set-off against deferred tax liabilities within the same legal tax entity. Any deferred net tax assets are measured at net realisable value.Liabilities, which include trade payables, payables to group entities and other payables, are measured at amortised cost, which is usually equivalent to nominal value.On initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Foreign exchange differences arising between the exchange rates at the transaction date and at the date of payment are recognised in the income statement as financial income or financial expenses. If foreign currency instruments are considered cash flow hedges, any unrealised value adjustments are taken directly to a fair value reserve under ‘Equity’.155164452022-01-012022-12-31155164452022-01-012022-12-311155164452021-01-012021-12-31155164452022-01-012022-12-31g:RetainedEarningsMember155164452021-01-012021-12-31g:RetainedEarningsMember155164452021-12-31155164452022-12-31155164452022-01-012022-12-311155164452022-01-012022-12-312155164452022-01-012022-12-313155164452022-01-012022-12-311155164452022-01-01g:ContributedCapitalMember155164452022-12-31g:ContributedCapitalMember155164452022-01-01g:RetainedEarningsMember155164452022-01-012022-12-31g:RetainedEarningsMember155164452022-12-31g:RetainedEarningsMember155164452022-12-31g:IntangibleAssetsMember155164452021-12-31g:IntangibleAssetsMember155164452022-12-31g:TaxLossesMember155164452021-12-31g:TaxLossesMemberiso4217:DKKxbrli:pure