410553242024-01-012024-12-31410553242024-01-012024-12-312410553242024-01-012024-12-313410553242024-01-012024-12-311410553242024-01-012024-12-31fsa:ContributedCapitalMember410553242024-01-012024-12-31fsa:RetainedEarningsMember410553242023-01-012023-12-31410553242024-12-31410553242024-01-01fsa:ContributedCapitalMember410553242024-01-01fsa:RetainedEarningsMember410553242023-12-31xbrli:purexbrli:pureiso4217:DKKxbrli:sharesxbrli:pureRasmus Lildholdt KjærMark Augustenborg ØdumRasmus Lildholdt KjærManaging DirectorChairmanIngen bistandVæsentlig usikkerhed vedr. fortsat drifttrue23228776544495219107210Regnskabsklasse B4000040000232287765444Recognition 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. Foreign currency translation On initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the one in effect at the payment date or the rate at the balance sheet date are recognised in the income statement as financial income or financial expenses. Property, plant and equipment, intangible assets, inventories and other non-monetary assets that have been purchased in foreign currencies are translated using historical rates. 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. , 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. Proposed dividends Proposed dividends for the year are recognised as a separate item under equity. Proposed dividends are recognised as a liability when approved by the Annual General Meeting. Balance sheet Current assets Receivables Receivables are measured at amortised cost, usually equalling nominal value, less write-downs for bad and doubtful debts. Impairment of accounts receivables past due is established on individual assessment of receivables. Cash and cash equivalents Cash and cash equivalents comprise cash. Equity Proposed dividends Proposed dividends for the year are recognised as a separate item under equity. Proposed dividends are recognised as a liability when approved by the Annual General Meeting. 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. Liabilities Financial liabilities are recognised initially at the proceeds received net of transaction expenses incurred. In subsequent periods, financial liabilities are measured at amortised cost, corresponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recognised in the Income Statement over the life of the financial instrument. Other liabilities, comprising deposits, trade payables and other accounts payable, are measured at amortised cost, which usually corresponds to the nominal value. Cash and cash equivalents comprise cash. , Cash and cash equivalents Cash and cash equivalents comprise cash. Equity Proposed dividends Proposed dividends for the year are recognised as a separate item under equity. Proposed dividends are recognised as a liability when approved by the Annual General Meeting. Other external expenses Other external expenses include expenses for operation and administration. Income statement Gross profit/loss The company has decided to aggregate certain items of the income statement in accordance with the provisions of Section 32 of the Danish Financial Statements Act. Gross profit or loss comprises revenue and other external expenses. Revenue Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed. Other external expenses Other external expenses include expenses for operation and administration. 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).Financial liabilities are recognised initially at the proceeds received net of transaction expenses incurred. In subsequent periods, financial liabilities are measured at amortised cost, corresponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recognised in the Income Statement over the life of the financial instrument. Other liabilities, comprising deposits, trade payables and other accounts payable, are measured at amortised cost, which usually corresponds to the nominal value. , Liabilities Financial liabilities are recognised initially at the proceeds received net of transaction expenses incurred. In subsequent periods, financial liabilities are measured at amortised cost, corresponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recognised in the Income Statement over the life of the financial instrument. Other liabilities, comprising deposits, trade payables and other accounts payable, are measured at amortised cost, which usually corresponds to the nominal value. Receivables Receivables are measured at amortised cost, usually equalling nominal value, less write-downs for bad and doubtful debts. Impairment of accounts receivables past due is established on individual assessment of receivables. , Impairment of accounts receivables past due is established on individual assessment of receivables. Revenue Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed. 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). Reporting class The annual report of Solpark Vamdrup Komplementar ApS for 2024 has been prepared 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. The accounting policies applied remain unchanged from last 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. Foreign currency translation On initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the one in effect at the payment date or the rate at the balance sheet date are recognised in the income statement as financial income or financial expenses. Property, plant and equipment, intangible assets, inventories and other non-monetary assets that have been purchased in foreign currencies are translated using historical rates. Income statement Gross profit/loss The company has decided to aggregate certain items of the income statement in accordance with the provisions of Section 32 of the Danish Financial Statements Act. Gross profit or loss comprises revenue and other external expenses. Revenue Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed. Other external expenses Other external expenses include expenses for operation and administration. 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 write-downs for bad and doubtful debts. Impairment of accounts receivables past due is established on individual assessment of receivables. Cash and cash equivalents Cash and cash equivalents comprise cash. Equity Proposed dividends Proposed dividends for the year are recognised as a separate item under equity. Proposed dividends are recognised as a liability when approved by the Annual General Meeting. 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. Liabilities Financial liabilities are recognised initially at the proceeds received net of transaction expenses incurred. In subsequent periods, financial liabilities are measured at amortised cost, corresponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recognised in the Income Statement over the life of the financial instrument. Other liabilities, comprising deposits, trade payables and other accounts payable, are measured at amortised cost, which usually corresponds to the nominal value. 5. Contingent liabilities Solpark Vamdrup Komplementar ApS acts as general partner in certain limited partnership companies in the Better Energy Group and is personally liable for the obligations of these limited partnership companies. 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 Equity 1 January 2024 40,000 172,806 212,806 Profit (loss) 0 411,455 411,455 Equity 31 December 2024 40,000 584,261 624,261 2024 2023 DKK DKK 1. Financial income Financial income from group enterprises 7,758 4,487 Other financial income 2,912 890 10,670 5,377 6. Group relations Name and registered office of the parent company preparing consolidated statements for the smallest group: Better Energy Holding A/S, Business Registration No. 31865883, Frederiksberg. 4. Significant events occurring after end of reporting period After the balance sheet date, Solpark Vamdrup P/S (Business Registration No. 43623079), where the Company is general partner has been unable to provide the required grid connection guarantee to Energinet, putting the grid allocation and thus the financial viability of the project at risk the project has been impaired, and has prepared its annual report on as non-going concern basis. 3. Material uncertainty relating to going concern At the balance sheet date, Solpark Vamdrup P/S (Business Registration No. 43623079), where the Company is general partner has lost its share capital. After balance sheet date, Solpark Vamdrup P/S has been unable to provide the required grid connection guarantee to Energinet, putting the grid allocation and thus the financial viability of the project at risk the project has been impaired. The management of Solpark Vamdrup P/S assesses that the capital base cannot be reestablished, but will seek to close down the company, and has prepared its annual report on as non-going concern basis. As the Company acts as general partner in Solpark Vamdrup P/S and is personally liable for the obligations of this company, a claim against the Company can be expected whereby the Company will lose its share capital. In this case Management assesses that the capital base cannot be reestablished. 212806624261-40000-17280651683583170The annual report of Solpark Vamdrup Komplementar ApS for 2024 has been prepared 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. 232287765444194811411837. Staff Cost The entity has no employees and the management has not received any remuneration. 1067053774114554114556906605275058854751683583170172806584261false19481141183017483137068658234137068658234194811160500765011605019481-411455-69066Frederiksberg C, 1850Gammel Kongevej 602019-12-312025-07-154105532445427420ÅrsrapportRasmus Lildholdt KjærSolpark Vamdrup Komplementar ApSBetter Energy Mangagement A/S2023-01-012023-12-312024-12-312024-01-01The company's main activities The main activities of Solpark Vamdrup Komplementar ApS are to act as general partner in limited partnerships and limited partnership companies which acquire, own, develop, operate and finance solar energy parks and related activities. Material uncertainty relating to going concern At the balance sheet date, Solpark Vamdrup P/S (Business Registration No. 43623079), where the Company is general partner has lost its share capital. After balance sheet date, Solpark Vamdrup P/S has been unable to provide the required grid connection guarantee to Energinet, putting the grid allocation and thus the financial viability of the project at risk the project has been impaired. The management of Solpark Vamdrup P/S assesses that the capital base cannot be reestablished, but will seek to close down the company, and has prepared its annual report on as non-going concern basis. As the Company acts as general partner in Solpark Vamdrup P/S and is personally liable for the obligations of this company, a claim against the Company can be expected whereby the Company will lose its share capital. In this case Management assesses that the capital base cannot be reestablished. Reference is made to note 3. Significant events occurring after end of reporting period After the balance sheet date, Solpark Vamdrup P/S (Business Registration No. 43623079), where the Company is general partner has been unable to provide the required grid connection guarantee to Energinet, putting the grid allocation and thus the financial viability of the project at risk the project has been impaired, and has prepared its annual report on as non-going concern basis. Reference is made to note 4. The company's main activities The main activities of Solpark Vamdrup Komplementar ApS are to act as general partner in limited partnerships and limited partnership companies which acquire, own, develop, operate and finance solar energy parks and related activities. Material uncertainty relating to going concern At the balance sheet date, Solpark Vamdrup P/S (Business Registration No. 43623079), where the Company is general partner has lost its share capital. After balance sheet date, Solpark Vamdrup P/S has been unable to provide the required grid connection guarantee to Energinet, putting the grid allocation and thus the financial viability of the project at risk the project has been impaired. The management of Solpark Vamdrup P/S assesses that the capital base cannot be reestablished, but will seek to close down the company, and has prepared its annual report on as non-going concern basis. As the Company acts as general partner in Solpark Vamdrup P/S and is personally liable for the obligations of this company, a claim against the Company can be expected whereby the Company will lose its share capital. In this case Management assesses that the capital base cannot be reestablished. Reference is made to note 3. Significant events occurring after end of reporting period After the balance sheet date, Solpark Vamdrup P/S (Business Registration No. 43623079), where the Company is general partner has been unable to provide the required grid connection guarantee to Energinet, putting the grid allocation and thus the financial viability of the project at risk the project has been impaired, and has prepared its annual report on as non-going concern basis. Reference is made to note 4. 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 Solpark Vamdrup Komplementar ApS at 31 December 2024 and of the results of the company's operations for the financial year 1 January 2024 - 31 December 2024. The conditions for not conducting an audit of the financial statements have been met. 2025-07-15Today, the Executive Board and the Board of Directors have considered and adopted the annual report of Solpark Vamdrup Komplementar ApS for the financial year 1 January 2024 - 31 December 2024. 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 and the Board of Directors have considered and adopted the annual report of Solpark Vamdrup Komplementar ApS for the financial year 1 January 2024 - 31 December 2024. 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 Solpark Vamdrup Komplementar ApS at 31 December 2024 and of the results of the company's operations for the financial year 1 January 2024 - 31 December 2024. 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 statements have been met. We recommend that the annual report be adopted at the Annual General Meeting. Frederiksberg, 15 July 2025 Executive Board Rasmus Lildholdt Kjær Man. Director Board of Directors Mark Augustenborg Ødum Rasmus Lildholdt Kjær Chairman Board member