437517272022-12-192023-06-30437517272022-12-192023-06-301437517272022-12-192023-06-302437517272022-12-192023-06-30fsa:ContributedCapitalMember437517272022-12-192023-06-30fsa:RetainedEarningsMember437517272023-06-30437517272022-12-19fsa:ContributedCapitalMember437517272022-12-19fsa:RetainedEarningsMemberxbrli:purexbrli:pureiso4217:DKKxbrli:sharesSean Francis CowanClaus OustrupManagerManagerIngen bistandfalse39250028955Regnskabsklasse B4000039250Current tax and deferred tax Current tax liabilities and tax receivables are recognised in the balance sheet as calculated tax of taxable income for the financial year adjusted for paid tax on account. Deferred tax is measured on all temporary differences arising between the tax values of assets and liabilities and their carrying amounts in the financial statements. Deferred tax assets, including the tax value of tax loss carry-forwards, are measured at the value at which the asset is expected to be realised, either by elimination against tax on future earnings or by setoff against deferred tax liabilities within the same legal tax entity and jurisdiction. Deferred tax is measured on the basis of the tax rules and tax rates that under the legislation in force on the balance sheet date would be applicable when the deferred tax is expected to crystallise as current tax. A change in the deferred tax, which is a result of changes to tax rates, is recognised in the income statement with the exception of items that are taken directly to equity. , Current tax liabilities and tax receivables are recognised in the balance sheet as calculated tax of taxable income for the financial year adjusted for paid tax on account. Deferred tax is measured on all temporary differences arising between the tax values of assets and liabilities and their carrying amounts in the financial statements. Deferred tax assets, including the tax value of tax loss carry-forwards, are measured at the value at which the asset is expected to be realised, either by elimination against tax on future earnings or by setoff against deferred tax liabilities within the same legal tax entity and jurisdiction. Deferred tax is measured on the basis of the tax rules and tax rates that under the legislation in force on the balance sheet date would be applicable when the deferred tax is expected to crystallise as current tax. A change in the deferred tax, which is a result of changes to tax rates, is recognised in the income statement with the exception of items that are taken directly to equity. Balance sheet Cash and cash equivalents Cash and cash equivalents comprise cash at bank and in hand. Current tax and deferred tax Current tax liabilities and tax receivables are recognised in the balance sheet as calculated tax of taxable income for the financial year adjusted for paid tax on account. Deferred tax is measured on all temporary differences arising between the tax values of assets and liabilities and their carrying amounts in the financial statements. Deferred tax assets, including the tax value of tax loss carry-forwards, are measured at the value at which the asset is expected to be realised, either by elimination against tax on future earnings or by setoff against deferred tax liabilities within the same legal tax entity and jurisdiction. Deferred tax is measured on the basis of the tax rules and tax rates that under the legislation in force on the balance sheet date would be applicable when the deferred tax is expected to crystallise as current tax. A change in the deferred tax, which is a result of changes to tax rates, is recognised in the income statement with the exception of items that are taken directly to equity. Other payables Other payables include debt to suppliers, debt to group company and other debt, measured at amortized cost, which usually corresponds to nominal value. Translation of foreign currencies Transactions in foreign currencies are translated at exchange rates approximating those in effect at the date of each transaction. Exchange rate differences arising between the transaction date rates and the rates at the date of payment are recognised under financial income and expenses in the income statement. Receivables, payables and other monetary items in foreign exchange not settled at the balance sheet date are translated at the average of the buy and sell exchange rates available at the close of business on the balance sheet date. Differences between the exchange rates at the balance sheet date and the transaction date rates are recognised under financial income and expenses in the income statement.Cash and cash equivalents comprise cash at bank and in hand. , Cash and cash equivalents Cash and cash equivalents comprise cash at bank and in hand. Other external expenses Other external expenses comprise of expenses incurred during the year for administration. , Other external expenses comprise of expenses incurred during the year for administration. Gross profit 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. Income statement Gross profit 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. Other external expenses Other external expenses comprise of expenses incurred during the year for administration. Tax on net profit for the year The tax for the year consists of the current tax for the year. The tax relating to the results is recognised in the income statement, whereas the tax directly relating to equity entries is taken directly to equity. Translation of foreign currencies Transactions in foreign currencies are translated at exchange rates approximating those in effect at the date of each transaction. Exchange rate differences arising between the transaction date rates and the rates at the date of payment are recognised under financial income and expenses in the income statement. Receivables, payables and other monetary items in foreign exchange not settled at the balance sheet date are translated at the average of the buy and sell exchange rates available at the close of business on the balance sheet date. Differences between the exchange rates at the balance sheet date and the transaction date rates are recognised under financial income and expenses in the income statement., Other payables include debt to suppliers, debt to group company and other debt, measured at amortized cost, which usually corresponds to nominal value. , Other payables Other payables include debt to suppliers, debt to group company and other debt, measured at amortized cost, which usually corresponds to nominal value. The tax for the year consists of the current tax for the year. The tax relating to the results is recognised in the income statement, whereas the tax directly relating to equity entries is taken directly to equity. , Tax on net profit for the year The tax for the year consists of the current tax for the year. The tax relating to the results is recognised in the income statement, whereas the tax directly relating to equity entries is taken directly to equity. Reporting Class The annual report of Felicity Smart Infrastructure (Denmark) ApS for 2022/23 has been presented in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B. As the financial year 2022/23 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 DKK. Income statement Gross profit 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. Other external expenses Other external expenses comprise of expenses incurred during the year for administration. Tax on net profit for the year The tax for the year consists of the current tax for the year. The tax relating to the results is recognised in the income statement, whereas the tax directly relating to equity entries is taken directly to equity. Balance sheet Cash and cash equivalents Cash and cash equivalents comprise cash at bank and in hand. Current tax and deferred tax Current tax liabilities and tax receivables are recognised in the balance sheet as calculated tax of taxable income for the financial year adjusted for paid tax on account. Deferred tax is measured on all temporary differences arising between the tax values of assets and liabilities and their carrying amounts in the financial statements. Deferred tax assets, including the tax value of tax loss carry-forwards, are measured at the value at which the asset is expected to be realised, either by elimination against tax on future earnings or by setoff against deferred tax liabilities within the same legal tax entity and jurisdiction. Deferred tax is measured on the basis of the tax rules and tax rates that under the legislation in force on the balance sheet date would be applicable when the deferred tax is expected to crystallise as current tax. A change in the deferred tax, which is a result of changes to tax rates, is recognised in the income statement with the exception of items that are taken directly to equity. Other payables Other payables include debt to suppliers, debt to group company and other debt, measured at amortized cost, which usually corresponds to nominal value. Translation of foreign currencies Transactions in foreign currencies are translated at exchange rates approximating those in effect at the date of each transaction. Exchange rate differences arising between the transaction date rates and the rates at the date of payment are recognised under financial income and expenses in the income statement. Receivables, payables and other monetary items in foreign exchange not settled at the balance sheet date are translated at the average of the buy and sell exchange rates available at the close of business on the balance sheet date. Differences between the exchange rates at the balance sheet date and the transaction date rates are recognised under financial income and expenses in the income statement.3. Contingent assets The Company has a deferred tax asset of DKK 4,257 which has not been recognised in the balance sheet. The tax asset can be attributed to tax losses carried forward which are not expected to be utilised within the next 3-5 years. The tax asset can be carried forward indefinitely 4. Contingent liabilities The Company has no contingent liabilites and has not provided any security. 1. Employee benefits expense Average number of employees 0 Contributed Retained capital earnings Total Equity 19 December 2022 40,000 0 40,000 Profit (loss) 0 -21,945 -21,945 Equity 30 June 2023 40,000 -21,945 18,055 2. Uncertainties relating to going concern The Company has lost more than 50% of the share capital. The management expects the share capital to be restored through the Company`s operations. The Company has received a letter of support from the parent company. 18055-400000-21945As the financial year 2022/23 is the Company's first financial year, the Financial Statements with associated notes have been prepared without comparative figures from the previous year. The annual report of Felicity Smart Infrastructure (Denmark) ApS for 2022/23 has been presented in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B. 3925021195188-219450-21945-21945-21945-21945false211951029510107219451208, København KKompagnistræde 21, 1. th2022-12-192023-12-154375172733255934ÅrsrapportSean Francis CowanFelicity Smart Infrastructure (Denmark) ApSSCS CORPORATE SOLUTIONS ApS2023-06-302022-12-19The Company's Income Statement of the financial year 19 December 2022 - 30 June 2023 shows a result of DKK -21,945 and the Balance Sheet at 30 June 2023 a balance of DKK 39,250 and an equity of DKK 18,055. The Company considers the result for the year to be in line with expectations. The Company has lost 50% of the share capital. The management expects the share capital to be restored through the Company`s operations. The Company has received a letter of support from the parent company. , Financial development The Company's Income Statement of the financial year 19 December 2022 - 30 June 2023 shows a result of DKK -21,945 and the Balance Sheet at 30 June 2023 a balance of DKK 39,250 and an equity of DKK 18,055. The Company considers the result for the year to be in line with expectations. The Company has lost 50% of the share capital. The management expects the share capital to be restored through the Company`s operations. The Company has received a letter of support from the parent company. The Company's purpose is to develop and sell smartcity and loT solutions, services and products as well as any activities in relation with such. The Company's purpose is to develop and sell smartcity and loT solutions, services and products as well as any activities in relation with such. Financial development The Company's Income Statement of the financial year 19 December 2022 - 30 June 2023 shows a result of DKK -21,945 and the Balance Sheet at 30 June 2023 a balance of DKK 39,250 and an equity of DKK 18,055. The Company considers the result for the year to be in line with expectations. The Company has lost 50% of the share capital. The management expects the share capital to be restored through the Company`s operations. The Company has received a letter of support from the parent company. Events after the end of the financial year No events have occurred after the end of the financial year that may have a significant impact on the financial position of the Company. The Annual Report, which has not been audited, 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 the Company at 30 June 2023 and of the results of the Company's operations for the financial year 19 December 2022 - 30 June 2023. 2023-12-15Today, Management has considered and adopted the Annual Report of Felicity Smart Infrastructure (Denmark) ApS for the financial year 19 December 2022 - 30 June 2023. Management considers the conditions for not conducting an audit of the Financial Statements have been met. CopenhagenWe recommend that the Annual Report be adopted at the Annual General Meeting. Today, Management has considered and adopted the Annual Report of Felicity Smart Infrastructure (Denmark) ApS for the financial year 19 December 2022 - 30 June 2023. The Annual Report, which has not been audited, 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 the Company at 30 June 2023 and of the results of the Company's operations for the financial year 19 December 2022 - 30 June 2023. Management considers 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. Copenhagen, 15 December 2023 Management Board Sean Francis Cowan Claus Oustrup Direktør Direktør