41484918 2020-07-01 2021-12-31 41484918 2020-07-01 2021-12-31 0 41484918 2020-07-01 2021-12-31 0 41484918 2020-07-01 2021-12-31 1 41484918 2020-07-01 2021-12-31 2 41484918 2019-07-01 2020-06-30 41484918 2021-12-31 41484918 2020-06-30 41484918 2020-07-01 2021-12-31 0 41484918 2019-07-01 2020-06-30 1 41484918 2020-07-01 2021-12-31 2 41484918 2019-07-01 2020-06-30 3 41484918 2020-07-01 2021-12-31 0 41484918 2019-07-01 2020-06-30 1 41484918 2020-07-01 2021-12-31 0 41484918 2019-07-01 2020-06-30 1 41484918 2020-07-01 2021-12-31 2 41484918 2019-07-01 2020-06-30 3 41484918 2020-07-01 41484918 2019-07-01 41484918 2020-07-01 2021-12-31 ifrs-full:SeparateMember 41484918 2019-07-01 2020-06-30 ifrs-full:SeparateMember 41484918 2021-12-31 ifrs-full:SeparateMember 41484918 2020-06-30 ifrs-full:SeparateMember 41484918 2020-07-01 2021-12-31 0 41484918 2020-07-01 2021-12-31 1 iso4217:EUR xbrli:pure <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 REVIEW</td></tr></table> https://www.egmont.com/key-figures-reports. <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">Statutory CSR report</td></tr><tr><td colspan="1">Nordisk Games are wholly owned by Egmont and the Corporate Social Responsibility (CSR) implemented by Egmont is also implemented by Nordisk Games.</td></tr><tr><td colspan="1">Egmont has since 2013 been a signatory to the UN Global Compact supporting the Ten principles of human and labour rights, protection of the environment and anti-corruption. Hence, Egmont’s statutory report on CSR includes the UN Global Compact guiding principles for Communication on Progress (COP).</td></tr><tr><td colspan="1">The full CSR report can be downloaded at: https://www.egmont.com/key-figures-reports.</td></tr><tr><td colspan="1">The CSR report also includes Egmont’s report on targets and policy with respect to sections 99a, 99b and 99d of the Danish Financial Statements Act on corporate social responsibility, the underrepresented gender, and on data ethics respectively.</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">Description of the politic concerning the underrepresented gender</td></tr><tr><td colspan="1">The board of directors in Nordisk Games A/S consists of one woman and two men and thereby is considered an equal gender representation according to Danish law.</td></tr><tr><td colspan="1">Management consists of one woman and three men.</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">The Board of Directors and Management Board have today discussed and approved the annual report of Nordisk Games A/S for the financial year 1 January – 31 December 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">The consolidated financial statements have been prepared in accordance with the International Financial Reporting Standards, as adopted by the EU and additional requirements according to the Danish Financial Statements Act, and the parent company financial statements have been 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">In our opinion, the consolidated financial statements and the parent company’s financial statements give a true and fair view of the Group’s and the parent company’s financial position at 31 December 2021, and of the results of the Group’s and the parent company’s operations and the consolidated cash flows for the financial year 1 January – 31 December 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">Furthermore, in our opinion, the Management’s review gives a fair review of the development in the Group’s and the parent company’s activities and financial matters, the net profit for the year and the Group’s and the parent company’s financial position.</td></tr></table> Copenhagen 2022-07-07 <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">To the shareholders of Nordisk Games A/S</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">Opinion</td></tr><tr><td colspan="1">We have audited the consolidated financial statements and the parent company financial statements of Nordisk Games A/S for the financial year 1 January – 31 December 2021, which comprise income statement, balance sheet, statement of changes in equity and notes, including accounting policies for the Group and the parent company, and a consolidated statement of comprehensive income and a consolidated cash flow statement. The consolidated financial statements are prepared in accordance with International Financial Reporting Standards as adopted by the EU and additional requirements of the Danish Financial Statements Act, and the parent company financial statements are prepared in accordance with the Danish Financial Statements Act.</td></tr><tr><td colspan="1">In our opinion, the consolidated financial statements give a true and fair view of the financial position of the Group at 31 December 2021 and of the results of the Group's operations and cash flows for the financial year 1 January – 31 December 2021 in accordance with International Financial Reporting Standards as adopted by the EU and additional requirements of the Danish Financial Statements Act.</td></tr><tr><td colspan="1">Further, in our opinion the parent company financial statements give a true and fair view of the financial position of the parent company at 31 December 2021 and of the results of the parent company’s operations for the financial year 1 January – 31 December 2021 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">Basis for opinion</td></tr><tr><td colspan="1">We conducted our audit in accordance with International Standards on Auditing (ISAs) and 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 consolidated financial statements and the Foundation’s financial statements" (hereinafter collectively referred to as "the financial statements") section of our report. 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">Independence</td></tr><tr><td colspan="1">We are independent of the Group in accordance with the international Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code) and additional requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these rules and requirements.</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">Statement on the Management’s review</td></tr><tr><td colspan="1">Management is responsible for the Management's review.</td></tr><tr><td colspan="1">Our opinion on the financial statements does not cover the Management’s review, and we do not express any assurance conclusion thereon.</td></tr><tr><td colspan="1">In connection with our audit of the financial statements, our responsibility is to read the Management's review and, in doing so, consider whether the 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 colspan="1">Moreover, it is our responsibility to consider whether the Management's review provides the information required under the Danish Financial Statements Act.</td></tr><tr><td colspan="1">Based on our procedures, we concluded that the 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 the 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">Management's responsibilities for the financial statements</td></tr><tr><td colspan="1">Management is responsible for the preparation of consolidated financial statements that give a true and fair view in accordance with International Financial Reporting Standards as adopted by the EU and additional requirements of the Danish Financial Statements Act and for the preparation of the parent company financial statements that give a true and fair view in accordance with the Danish Financial Statements Act.</td></tr><tr><td colspan="1">Moreover, Management is responsible 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 colspan="1">In preparing the financial statements, Management is responsible for assessing the Group's and the parent 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 Group or the parent 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">Auditor's responsibilities for the audit of the financial statements</td></tr><tr><td colspan="1">Our objectives are to obtain reasonable assurance as to whether the financial statements 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 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 the financial statements.</td></tr><tr><td colspan="1">As part of an audit conducted in accordance with ISAs and additional requirements applicable in Denmark, we exercise professional judgement and maintain an attitude of professional scepticism throughout the audit. We also</td></tr><tr><td colspan="1">Identify and assess the risk 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 colspan="1">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 Group's and the parent company’s internal control.</td></tr><tr><td colspan="1">Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management.</td></tr><tr><td colspan="1">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 Group's and the parent 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 Group and the parent company to cease to continue as a going concern.</td></tr><tr><td colspan="1">Evaluate the overall presentation, structure and contents of the financial statements, including the note 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 colspan="1">Obtain sufficient and appropriate audit evidence regarding the financial information of the entities or business activities within the Group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion.</td></tr><tr><td colspan="1">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> Copenhagen 2022-07-07 Nordisk Games A/S Mosedalvej 14 2500 Valby www.nordiskgames.com info@nordiskgames.com Copenhagen 41484918 Allan Mathson Hansen 2020-07-01 2022-07-07 2020-07-01 2021-12-31 86679000 6555000 12986000 9015000 39767000 13004000 3031000 2939000 3072000 21359000 2070000 19289000 -2214000 608000 -2823000 16466000 19289000 13003000 -9662000 -275000 -9386000 2000 51000 1236000 5639000 1362000 21403000 11407000 -2782000 7815000 -519000 Årsrapport 30700228 EY Godkendt Revisionspartnerselskab Cortex Park Vest 3 5230 Odense SØ 2019-07-01 2020-06-30 Ledelsespåtegning Revisionspåtegning Grundlag for konklusion Konklusion 502 Mikkel Weider CEO Allan Mathson Hansen Thomas Rehling Helle Bjørnskov Fischer 59096000 0 9131000 6012000 26551000 8848000 2702000 5931000 5869000 11319000 2010000 9309000 4179000 -162000 4341000 13650000 9309000 8848000 -2315000 -2287000 -28000 28000 7000 1867000 6737000 984000 0 2677000 -2169000 4789000 864000 83808000 11185000 13537000 0 108530000 1422000 232000 1654000 4103000 94141000 58000 208486000 20295000 28592000 313000 4984000 944000 515000 55642000 264128000 10000000 37332000 14634000 61966000 0 61966000 3306000 2452000 67237000 2127000 1844000 108447000 1192000 15394000 164000 202162000 264128000 69393000 3492000 15075000 5064000 93025000 848000 252000 1100000 5564000 57781000 0 157469000 6141000 27637000 0 8938000 644000 54000 43414000 200883000 5818000 8575000 7815000 22209000 0 22209000 3455000 3271000 152857000 2669000 2392000 6000 1791000 12233000 0 178674000 200883000 Other non-cash operating items, net -4352000 Other non-cash operating items, net 1948000 Interest expense, lease liabilities -203000 Interest expense, lease liabilities -288000 Dividends from joint ventures and associated companies 2590000 Dividends from joint ventures and associated companies 0 Borrowing from group companies 32688000 Borrowing from group companies 3465000 Loans to group companies (net change in cash-pool balance) -955000 Loans to group companies (net change in cash-pool balance) -27572000 54000 22709000 445000 2432000 1275000 13000 2590000 292000 809000 -1202000 -706000 -496000 0 0 0 0 0 0 0 0 0 0 18000 18000 120771000 93700000 214489000 53000 654000 1000 0 1116000 215605000 10000000 27789000 37789000 67237000 107865000 452000 195000 140000 1927000 177816000 215605000 31000 31000 109406000 57781000 167218000 0 0 65000 54000 119000 167337000 5818000 16392000 22210000 143714000 0 0 69000 0 1344000 145127000 167337000 EY Godkendt Revisionspartnerselskab 30700228 Torben Bender State Authorised Public Accountant mne21332 Jens Thordahl Nøhr State Authorised Public Accountant mne32212 30700228 EY Godkendt Revisionspartnerselskab