Årsrapport Oliver Focke 2020-05-04 Andre erklæringer uden sikkerhed Regnskabsklasse B Beierholm Voergaardvej 2 9200 Aalborg SV 2018-01-01 2018-12-31 2019-01-01 2019-12-31 34477221 DAB ApS Risingsvej 63, 1. 5000 Odense C Odense Beierholm 32895468 Munkehatten 1 B 5220 Odense SØ Danmark true Odense C 2020-05-04 Oliver Focke To the management of DAB ApS Odense 2020-05-04 Henrik Welinder State Authorized Public Accountant mne23366 -18083 -26503 0 0 726 841 -18809 -27344 0 0 -18809 -27344 -18809 -27344 223169 241978 223169 241978 223169 241978 80000 80000 6848 25657 86848 105657 12000 12000 124321 124321 136321 136321 136321 136321 223169 241978 -18809 80000 6848 0 0 I have on this day presented the annual report for the financial year 01.01.19 - 31.12.19 for DAB ApS. The annual report is presented in accordance with Danish Financial Statements Act (Årsregnskabsloven). The financial statements have not been audited, and I declare that the relevant conditions have been met. In my opinion, the financial statements give a true and fair view of the company's assets, liabilities and financial position as at 31.12.19 and of the results of the company's activities for the financial year 01.01.19 - 31.12.19. I believe that the management's review includes a fair review of the matters dealt with in the management's review. The annual report is submitted for adoption by the general meeting. To the management of DAB ApS Based on the company's book-keeping and other information provided by the management, we have compiled the financial statements of DAB ApS for the financial year 01.01.19 - 31.12.19. The financial statements comprise the income statement, balance sheet, statement of changes in equity and notes, inclusive of accounting policies. We have performed our compilation engagement in accordance with the ISRS 4410 standard on Engagements to Compile Financial Statements. We have applied our professional expertise to assist the management with the preparation and presentation of the financial statements in accordance with the Danish Financial Statements Act (Årsregnskabsloven). We have complied with relevant provisions of the Danish Act on Approved Auditors and Audit Firms (Revisorloven) and the code of ethics of FSR – Danish Auditors, including principles concerning integrity, objectivity, professional competence and due care. Management retains responsibility for the financial statements and for the accuracy and completeness of the financial information on the basis of which the financial statements are prepared and presented. Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information provided by management for the compilation of the financial statements. Accordingly, we will not express an audit opinion or a review conclusion on whether the financial statements are prepared in accordance with the Danish Financial Statements Act (Årsregnskabsloven). Odense, 4. maj 2020 Beierholm Statsautoriseret Revisionspartnerselskab CVR no. 32 89 54 68 Henrik Welinder State Authorized Public Accountant MNE-no. mne23366 Primary activities The company's activities comprise of construction of roads. Development in activities and financial affairs The income statement for the period 01.01.19 - 31.12.19 shows a profit/loss of DKK -18,809 against DKK -27,344 for the period 01.01.18 - 31.12.18. The balance sheet shows equity of DKK 86,848. The management considers the net profit for the year to be satisfactory. Subsequent events No important events have occurred after the end of the financial year. Figures in DKK Share capital Retained earnings Total equity Statement of changes in equity for 01.01.19 - 31.12.19 Balance as at 01.01.19 80.000 25.657 105.657 Net profit/loss for the year 0 -18.809 -18.809 Balance as at 31.12.19 80.000 6.848 86.848 The company has not provided any security over assets. The annual report is presented in accordance with the provisions of the Danish Financial Statements Act (Årsregnskabsloven) for enterprises in reporting class B. Income is recognised in the income statement as earned, including value adjustments of financial assets and liabilities. All expenses, including depreciation, amortisation, impairment losses and write-downs, are also recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future economic benefits will flow to the company, and the value of such assets can be measured reliably. Liabilities are recognised in the balance sheet when it is probable that future economic benefits will flow from the company, and the value of such liabilities can be measured reliably. On initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each item below. On recognition and measurement, account is taken of foreseeable losses and risks arising before the date at which the annual report is presented and proving or disproving matters arising on or before the balance sheet date. Gross loss comprises raw materials and consumables and other external expenses. Other external expenses comprise costs relating to distribution, sales and advertising and administration, premises and bad debts to the extent that these do not exceed normal write-downs. Interest income and interest expenses etc. are recognised in other net financials. The 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. Cash includes deposits in bank accounts as well as operating cash. Current tax payable and receivable is recognised in the balance sheet as tax computed on the basis of the taxable income for the year, adjusted for tax paid on account. Deferred tax liabilities and tax assets are recognised on the basis of all temporary differences between the carrying amounts and tax bases of assets and liabilities. However, deferred tax is not recognised on temporary differences relating to goodwill which is non-amortisable for tax purposes and other items where temporary differences, except for acquisitions, have arisen at the date of acquisition without affecting the net profit or loss for the year or the taxable income. In cases where the tax value can be determined according to different taxation rules, deferred tax is measured on the basis of management’s intended use of the asset or settlement of the liability. Deferred tax assets are recognised, following an assessment, at the expected realisable value through offsetting against deferred tax liabilities or elimination in tax on future earnings. Deferred tax is measured on the basis of the tax rules and at the tax rates which, according to the legislation in force at the balance sheet date, will be applicable when the deferred tax is expected to crystallise as current tax. Short-term payables are measured at amortised cost, normally corresponding to the nominal value of such payables. 34477221 2019-01-01 2019-12-31 34477221 2018-01-01 2018-12-31 34477221 2019-01-01 2019-12-31 e:RetainedEarningsMember 34477221 2018-01-01 2018-12-31 e:RetainedEarningsMember 34477221 2018-12-31 34477221 2019-12-31 34477221 2019-01-01 2019-12-31 1 34477221 2019-12-31 e:ContributedCapitalMember 34477221 2019-01-01 2019-12-31 e:RetainedEarningsMember 34477221 2019-12-31 e:RetainedEarningsMember 34477221 2019-01-01 2019-12-31 1 iso4217:DKK xbrli:pure