410553242019-12-312020-12-31410553242019-12-312020-12-311410553242019-12-312020-12-312410553242019-12-312020-12-313410553242019-12-312020-12-31fsa:ContributedCapitalMember410553242019-12-312020-12-31fsa:RetainedEarningsMember410553242019-12-312020-12-31fsa:RetainedEarningsMember410553242020-12-31xbrli:purexbrli:pureiso4217:DKKxbrli:sharesHo Kei AuRasmus Lildholdt KjærAnnette Egede NylanderIngen bistandfalse40403Regnskabsklasse B4000040403 Reporting class The annual report of Better Energy Komplementar DK ApS for 31 December 2019 - 31 December 2020 has been presented in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B with addition of certain provisions for reporting class C. As the financial year 31 December 2019 - 31 December 2020 is the company's first financial year, the financial statements with associated notes have been prepared without comparative figures from the previous year. Reporting currency The annual report is presented in Danish kroner (DKK). Recognition and measurement Assets are recognised in the balance sheet when it is probable as a result of a prior event that future economic benefits will flow to the company, and the value of the assets can be measured reliably. Liabilities are recognised in the balance sheet when the company has a legal or constructive obligation as a result of a prior event, and it is probable that future economic benefits will flow out of the company, and the value of the liabilities can be measured reliably. On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial recognition is affected as described below for each financial statement item. Anticipated risks and losses that arise before the time of presentation of the annual report and that confirm or invalidate affairs and conditions existing at the balance sheet date are considered at recognition and measurement. Income is recognised in the income statement when earned, whereas costs are recognised by the amounts attributable to this financial year. Income statement Financial income Financial income comprises interest income, including interest income on receivables from group enterprises, amortisation of financial assets, payables and transactions in foreign currencies, fair value adjustments of financial interests as well as tax relief under the Danish Tax Prepayment Scheme etc. Tax on profit for the year Tax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the income statement by the portion attributable to the profit for the year and recognised directly in equity by the portion attributable to entries directly in equity. The company is jointly taxed with all Danish group entities. The current Danish income tax is allocated among the jointly taxed entities proportionally to their taxable income (full allocation with a refund concerning tax losses). Balance sheet Current assets Receivables Receivables are measured at amortised cost, usually equalling nominal value, less writedowns for bad and doubtful debts. Impairment of accounts receivables past due is established on individual assessment of receivables. Current tax liabilities Current tax liabilities and current tax receivables are recognised in the balance sheet as calculated tax on the expected taxable income for the year, adjusted for tax on taxable income for previous years as well as for tax prepaid. 4. Contingent liabilities Better Energy Komplementar DK ApS acts as general partner in partnerships, offered by the Better Energy Group and is liable in a situation where the other partners are not able to fulfil their obligations. The company participates in a Danish joint taxation arrangement where Better Energy Holding A/S serves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the company is therefore liable for income taxes etc for the jointly taxed entities, and for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements. Contributed Retained capital earnings Total Establishment 31 December 2019 40.000 40.000 Profit (loss) 314 314 Equity 31 December 2020 40.000 314 40.314 The company was established 31 December 2019 with a capital of DKK 40.000. 31 December 2019 - 31 December 2020 1. Financial income Financial income from group enterprises 403 403 5. Group relations Name and registered office of the parent company preparing consolidated statements for the smallest group: Better Energy Holding A/S, Frederiksberg. 3. Significant events occurring after end of reporting period No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report. 31 December 2019 - 31 December 2020 2. Tax on profit for the year Current tax for the year 89 89 40314-40000040403894033140314314403314false8940403404038989Frederiksberg C, 1850Gammel Kongevej 60, 14th floor2019-12-312021-06-074105532436950676ÅrsrapportHo Kei AuBetter Energy Komplementar DK ApSBetter Energy A/S2020-12-312019-12-31Development in activities and financial matters Better Energy Komplementar DK ApS's income statement of the financial year 31 December 2019 - 31 December 2020 shows a result of DKK 314 and the balance sheet at 31 December 2020 a balance sheet total of DKK 40.403 and an equity of DKK 40.314. The company's principal activities The purpose of Better Energy Komplementar DK ApS is to participate as general partner in solar energy partnerships and related activities. The company's principal activities The purpose of Better Energy Komplementar DK ApS is to participate as general partner in solar energy partnerships and related activities. Development in activities and financial matters Better Energy Komplementar DK ApS's income statement of the financial year 31 December 2019 - 31 December 2020 shows a result of DKK 314 and the balance sheet at 31 December 2020 a balance sheet total of DKK 40.403 and an equity of DKK 40.314. The annual report is presented in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the assets, liabilities and financial position of Better Energy Komplementar DK ApS at 31 December 2020 and of the results of the company's operations for the financial year 31 December 2019 - 31 December 2020. The conditions for not conducting an audit of the financial statement have been met. 2021-06-07Today, the Executive Board has considered and adopted the annual report of Better Energy Komplementar DK ApS for the financial year 31 December 2019 - 31 December 2020. In our opinion, the management's review includes a true and fair account of the matters addressed in the review. FrederiksbergWe recommend that the annual report be adopted at the Annual General Meeting. Today, the Executive Board has considered and adopted the annual report of Better Energy Komplementar DK ApS for the financial year 31 December 2019 - 31 December 2020. The annual report is presented in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the assets, liabilities and financial position of Better Energy Komplementar DK ApS at 31 December 2020 and of the results of the company's operations for the financial year 31 December 2019 - 31 December 2020. In our opinion, the management's review includes a true and fair account of the matters addressed in the review. The conditions for not conducting an audit of the financial statement have been met. We recommend that the annual report be adopted at the Annual General Meeting. Frederiksberg, 7 June 2021 Executive Board Ho Kei Au Rasmus Lildholdt Kjær Annette Egede Nylander Director Director Director