380445912023-10-012024-09-30380445912023-10-012024-09-301380445912023-10-012024-09-301380445912023-10-012024-09-302380445912024-09-30380445912023-09-30fsa:ContributedCapitalMember380445912023-09-30fsa:ReserveForDevelopmentExpenditureMember380445912023-09-30fsa:RetainedEarningsMember380445912023-09-30380445912023-10-012024-09-30fsa:ReserveForDevelopmentExpenditureMember380445912023-10-012024-09-30fsa:RetainedEarningsMember380445912024-09-30fsa:ContributedCapitalMember380445912024-09-30fsa:ReserveForDevelopmentExpenditureMember380445912024-09-30fsa:RetainedEarningsMember380445912022-10-012023-09-30iso4217:DKKxbrli:pureThe Executive Board has today considered and approved the annual report of CampingVision IT ApS for the financial year 01.10.2023 - 30.09.2024. 1228289916837079The annual report is presented in accordance with the Danish Financial Statements Act.55863434378774In my opinion, the financial statements give a true and fair view of the Entity’s financial position at 30.09.2024 and of the results of its operations for the financial year 01.10.2023 - 30.09.2024.3552590I believe that the management commentary contains a fair review of the affairs and conditions referred to therein.36038863148603I recommend the annual report for adoption at the Annual General Meeting.1462061518067250Glostrup78256885423863Ralf Arjan de Bruijn59829726176921To the shareholders of CampingVision IT ApS8119556466466We have performed an extended review of the financial statements of CampingVision IT ApS for the ​financial year 01.10.2023 - 30.09.2024, which comprise the income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act. ​Based on our extended review, in our opinion, the financial statements give a true and fair view of the Entity’s ​financial position at 30.09.2024 and of the results of its operations for the financial year 01.10.2023 - 30.09.2024 in accordance with the Danish Financial Statements Act.31380We conducted our extended review in accordance with the assurance engagement standard for small enterprises as issued by the Danish Business Authority and the standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act as issued by FSR - Danish Auditors. Our responsibilities under those standards and requirements are further described in the ”Auditor’s responsibilities for the extended review of the financial statements” section. We are independent of the Entity in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion.33390218455Management 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 Entity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless Management either intends to liquidate the Entity or to cease operations, or has no realistic alternative but to do so.7817036248011Our responsibility is to express a conclusion on the financial statements. This requires that we plan and ​perform procedures to obtain limited assurance about our conclusion on the financial statements and that ​we also perform specifically required supplementary procedures for the purpose of obtaining additional assurance about our conclusion.​​An extended review consists of making inquiries, primarily of Management and, if appropriate, of other entity ​1718801417232Management is responsible for the management commentary. Our conclusion on the financial statements does not cover the management commentary, 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 the management commentary and, in doing so, consider whether the management commentary is materially inconsistent with the financial statements or our knowledge obtained in the extended review or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether the management commentary provides the information required by relevant law and regulations.Based on the work we have performed, we conclude that the management commentary is in accordance with financial statements and has been prepared in accordance with the requirements in the relevant law and regulations. We did not identify any material misstatement of the management commentary.60982348307796098234830779KøbenhavnThomas Frommelt Hertz1410480214489745mne315431410480214489745State Authorised Public Accountant690640Niels Frøland Johansen690640mne506241417386614489745State Authorised Public Accountant3053817418453336Primary activitiesThe Entity's primary activity is to maintain and develop IT software for affiliated companies.99657124Development in activities and financesThe income statement for the period 01.10.23 - 30.09.24 shows a profit of DKK'000 610 against DKK'000 4,831 for the period 01.10.22 - 30.09.23. The balance sheets shows equity of DKK'000 13,962 as of 30.09.2024. Due to restructuring within the group, the company is considered a cost-plus entity and receives income to cover the expenses for maintaining and developing of the IT software. 968300Events after the balance sheet dateNo important events have occured after the end of the financial year.3063600018510460This annual report has been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class B enterprises with addition of a few provisions for reporting class C.The accounting policies applied to these financial statements are consistent with those applied last year.5999632921694Recognition and measurementAssets 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 Entity, and the value of the asset can be measured reliably. Liabilities are recognised in the balance sheet when the Entity 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 Entity, and the value of the liability can be measured reliably. On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial recognition is effected 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.3123596321432154RevenueIncome from the sale of services is recognised in the income statement as delivery takes place (delivery method). Revenue is measured at the selling value of the agreed consideration exclusive of VAT and other taxes collected on behalf of third parties and less discounts.4540982935921899Own work capitalisedOwn work capitalised comprises staff costs and other costs incurred in the financial year and recognised in cost for proprietary intangible assets.5000050000Other operating incomeOther operating income comprises income of a secondary nature in relation to the enterprise's activities.1100174611302001Other external expensesOther external expenses comprise selling costs, vehicle expenses and administrative expenses.29099291999851Staff costsStaff costs comprise wages and salaries as well as other staff-related costs.1396167513351852Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses relating to intangible assets comprise depreciation, amortisation and impairment losses for the financial year, and gains and losses from the sale of intangible assets.31000003153000Other financial incomeOther financial income comprises dividends etc. received on other investments, interest income, including interest income on receivables from group enterprises, net capital or exchange gains on securities, payables and transactions in foreign currencies, amortisation of financial assets, and tax relief under the Danish Tax Prepayment Scheme etc.31000003153000Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on payables to group enterprises, net capital or exchange losses on securities, payables and transactions in foreign currencies, amortisation of financial liabilities, and tax surcharge under the Danish Tax Prepayment Scheme etc.1428801482232Tax on profit/loss for the yearThe current and deferred tax for the year is recognised in the income statement as tax on the profit/loss for the year with the portion attributable to the profit/loss for the year, and directly in equity with the portion attributable to amounts recognised directly in equity.The Entity is jointly taxed with all Danish group enterprises. 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).668089648001Development projectsComprise development projects completed and in progress with related intellectual property rights, acquired intellectual property rights and prepayments for intangible assets.Development projects on clearly defined and identifiable products and processes, for which the technical rate ​of utilisation, adequate resources and a potential future market or development opportunity in the enterprise ​can be established, and where the intention is to manufacture, market or apply the product or process in question, are recognised as intangible assets. Other development costs are recognised as costs in the income ​statement as incurred. When recognising development projects as intangible assets, an amount equalling ​the costs incurred less deferred tax is taken to equity in the reserve for development costs that is reduced ​as the development projects are amortised and written down.​​ ​​The cost of development projects comprises costs such as salaries and amortisation that are directly and ​indirectly attributable to the development projects.​​ ​​Indirect production costs in the form of indirectly attributable staff costs and amortisation of intangible ​assets and depreciation of property, plant and equipment used in the development process are recognised in cost based on time spent on each project.​Completed development projects are amortised on a straight-line basis using their estimated useful lives ​which are determined based on a specific assessment of each development project. If the useful life cannot ​be estimated reliably, it is fixed at 10 years. For development projects protected by intellectual property rights, the maximum period of amortisation is the remaining duration of the relevant rights. The amortisation periods used are 0-5 years. 8109692130233Property, plant and equipmentLand and buildings, plant and machinery, and other fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses. Land is not depreciated. Cost comprises the acquisition price, costs directly attributable to the acquisition and preparation costs of the asset until the time when it is ready to be put into operation. For assets held under finance leases, cost is the lower of the asset’s fair value and present value of future lease payments. Indirect production costs in the form of indirectly attributable staff costs and amortisation of intangible assets and depreciation of property, plant and equipment used in the development process are recognised in cost based on time spent on each asset. Interest expenses on loans for the financing of the manufacture of property, plant and equipment are included in cost if they relate to the manufacturing period. All other finance costs are recognised in the income statement. The basis of depreciation is cost less estimated residual value after the end of useful life. Straight-line depreciation is made on the basis of the following estimated useful lives of the assets:Useful life Other fixtures and fittings, tools and equipment5 yearsFor leasehold improvements and assets subject to finance leases, the depreciation period cannot exceed the contract period. Estimated useful lives and residual values are reassessed annually. Items of property, plant and equipment are written down to the lower of recoverable amount and carrying amount.294366206362ReceivablesRecieveables are measured at the amortised cost, which usually corresponds to the nominal value, less write-downs for bad debts. Write-downs for bad debts are determined bsaed on an individual assessment of each receivable if there is no objective evidence of individual impairment of a receivable.2485450316171485PrepaymentsPrepayments recognised under assets comprise costs incurred in respect of the subsequent financial years. 1454740351CashCash includes deposits in bank account.933576908616Deferred taxDeferred tax is recognised on all temporary differences between the carrying amount and the tax-based value of assets and liabilities, for which the tax-based value is calculated based on the planned use of each asset.​​2753718517286814Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.2834815419417047Tax receivable or payableCurrent tax receivable or payable is recognised in the balance sheet, stated as tax computed on this year's taxable income, adjusted for prepaid tax.4540982935921899true500009Grundlag for konklusion11302001Konklusion19998512025-01-222025-01-22-300255true3002552022-10-0102023-09-3060982333963556København S5000023001100174662909929WeidekampsgadeDeloitte Statsautoriseret Revisionspartnerselskab1 Staff costs2023/24 DKK2022/23 DKKWages and salaries6,762,1294,740,232Pension costs959,625614,824Other social security costs103,93468,8077,825,6885,423,863Average number of full-time employees129Glostrup12Glostrup2 Depreciation, amortisation and impairment losses2023/24 DKK2022/23 DKKAmortisation of intangible assets5,971,2856,176,921Depreciation of property, plant and equipment11,68705,982,9726,176,92126003 Tax on profit/loss for the year2023/24 DKK2022/23 DKKCurrent tax224,8801,482,232Change in deferred tax(53,000)(65,000)171,8801,417,232Regnskabsklasse B4 Intangible assetsCompleted development projects DKKCost beginning of year38,792,087Additions5,586,342Cost end of year44,378,429Amortisation and impairment losses beginning of year(24,302,342)Amortisation for the year(5,971,285)Amortisation and impairment losses end of year(30,273,627)Carrying amount end of year14,104,802Erklæring om udvidet gennemgang5 Development projectsDevelopment costs relate to further development of the company's products. This year's additions is attributable 2024-09-306 Property, plant and equipmentOther fixtures and fittings, tools and equipment DKKAdditions80,751Cost end of year80,751Depreciation for the year(11,687)Depreciation and impairment losses end of year(11,687)Carrying amount end of year69,0642023-10-017 Deferred tax2023/24 DKK2022/23 DKKIntangible assets3,103,0563,187,744Property, plant and equipment(23,958)(34,438)Receivables21,3030Other deductible temporary differences(401)(306)Deferred tax3,100,0003,153,0008 Non-current liabilities other than provisionsDue after more than 12 months 2023/24 DKKOutstanding after 5 years 2023/24 DKKIncome tax payable142,8800Other payables668,089668,089810,969668,0899 Unrecognised rental and lease commitments2023/24 DKK2022/23 DKKLiabilities under rental or lease agreements until maturity in total292,090111,0002610 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement where Dansk Bilferie A/S serves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity 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.StationsparkenCampingVision IT ApS38044591339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapport2025-01-22Ralf de Brujin