37100536 2023-07-01 2024-06-30 37100536 2023-07-01 2024-06-30 0 37100536 2023-07-01 2024-06-30 1 37100536 2022-07-01 2023-06-30 37100536 2024-06-30 37100536 2023-06-30 iso4217:DKK Annual report 2024-11-29 Anders Maier Visuality Group ApS Charlottenlund Stationsplads 2 2920 Charlottenlund hooman.roudi@intertrustgroup.com 37100536 2023-07-01 2024-06-30 <p xmlns="http://www.w3.org/1999/xhtml">Ledelsen har dags dato behandlet og godkendt årsrapporten for regnskabsperioden 01. juli 2023 - 30. juni 2024 for Visuality Group ApS. <br/> <br/> Årsrapporten aflægges i overensstemmelse med årsregnskabsloven. <br/> <br/> Det er ledelsens opfattelse, at årsregnskabet giver et retvisende billede af virksomhedens aktiver, passiver og finansielle stilling samt af resultatet. <br/> <br/> Årsrapporten indstilles til generalforsamlingens godkendelse.</p> Management considers the conditions for opting out of audit to be met. Copenhagen 2024-11-29 Jan Kristensen Anthony Nunan <p xmlns="http://www.w3.org/1999/xhtml">Business review <br/> The company's principal activities is to perform marketing-related services, especially within market research, campaigns, commercials and <br/> general marketing consultancy. <br/> Financial review <br/> The company's income statement for the year ended 30th June 2024 shows a profit of DKK <br/> 631.489, and the balance sheet at 30th June 2024 shows an equity of DKK 201.306 <br/> Significant events occurring after the end of the financial year <br/> No events have occurred after the balance sheet date which could significantly affect the company's financial position.</p> The annual report has been prepared in accordance with the regulation applying to Reporting class B. Reporting class B <p xmlns="http://www.w3.org/1999/xhtml"> <br/> The annual  report of Visuality Group ApS  for 2022/23  has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to reporting class B entities.</p> <p xmlns="http://www.w3.org/1999/xhtml">The accounting policies applied are consistent with those  of last year. The annual report for 2022/23 is presented in DKK.                                                                                                                                                      <br/>                                                                                                                                                                                                                                                                    Basis of recognition and measurement <br/> Income is  recognised  in  the income  statement as earned, including value  adjustments of financial  assets  and  liabilities.   All   expenses,  including  amortisation,   depreciation   and impairment losses, are also recognised in the income statement.</p> <p xmlns="http://www.w3.org/1999/xhtml">Assets are recognised in  the balance sheet when it is probable that future economic benefits will flow  to the company and the value of the asset can be measured reliably.</p> <p xmlns="http://www.w3.org/1999/xhtml">Liabilities  are recognised  in  the balance  sheet  when it  is  probable  that future  economic benefits will flow  from the company and the value of the liability can be measured reliably.</p> <p xmlns="http://www.w3.org/1999/xhtml">On    initial   recognition,   assets   and  liabilities   are  measured  at  cost.  On    subsequent recognition,  assets  and liabilities  are  measured as  described  below  for  each  individual accounting item.</p> <p xmlns="http://www.w3.org/1999/xhtml">Certain  financial assets and liabilities are measured at amortised  cost using  the effective interest method. Amortised cost is calculated as the historic cost less any installments and plus/less the accumulated amortisation of  the difference between the cost and the nominal amount.</p> <p xmlns="http://www.w3.org/1999/xhtml">On  recognition  and measurement, allowance  is  made for predictable  losses  and risks  which occur before the annual  report is presented and which confirm  or invalidate matters existing at the balance sheet date.</p> <p xmlns="http://www.w3.org/1999/xhtml">Income statement <br/> Gross profit <br/> In  pursuance of  section 32 of  the Danish Financial Statements Act, the company does not disclose its revenue.</p> <p xmlns="http://www.w3.org/1999/xhtml">Gross profit reflects an aggregation of revenue, changes in inventories of finished goods and work in  progress and other operating  income  less  costs of  raw materials  and consumables and other external expenses.</p> <p xmlns="http://www.w3.org/1999/xhtml">Revenue <br/> Revenue is  measured at fair value  of  the agreed consideration  excluding  VAT and taxes charged on  behalf of third parties. Revenue is net of all types of discounts granted.</p> <p xmlns="http://www.w3.org/1999/xhtml">Raw materials and consumables <br/> Costs of  raw materials  and consumables include the raw materials and consumables used in generating the year’s revenue.</p> <p xmlns="http://www.w3.org/1999/xhtml">Other external expenses <br/> Other external expenses include expenses related to distribution, sale, advertising, administration, premises, bad debts, payments under operating leases, etc.</p> <p xmlns="http://www.w3.org/1999/xhtml">Staff expenses <br/> Staff expenses include wages and salaries, including compensated absence and pensions, as well as other  social  security  contributions,  etc. made to the entity's  employees.  The item  is net of refunds made by  public authorities.</p> <p xmlns="http://www.w3.org/1999/xhtml">Amortisation, depreciation and impairment losses <br/> Amortisation,   depreciation   and  impairment   losses   comprise   the  year's  amortisation, depreciation and impairment of property, plant and equipment.  </p> <p xmlns="http://www.w3.org/1999/xhtml">. <br/> Financial income and expenses <br/> Financial  income  and expenses are recognised  in  the income  statement at the amounts relating  to the  financial year.  Net financials  include  interest  income  and expenses, realised and  unrealised  capital/exchange  gains  and  losses  on   foreign  currency  transactions  and surcharges and allowances under the advance-payment-of-tax scheme, etc.</p> <p xmlns="http://www.w3.org/1999/xhtml">Tax on profit/loss for the year <br/> Tax for the  year,  which comprises  the current tax charge for the year and changes in  the deferred  tax charge, is  recognised  in  the income  statement  as regards the portion  that relates  to the profit/loss  for the  year  and  directly  in  equity  as regards the portion  that relates to entries directly in equity.</p> <p xmlns="http://www.w3.org/1999/xhtml">Balance sheet <br/> Tangible assets <br/> Items of  fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses.</p> <p xmlns="http://www.w3.org/1999/xhtml">The depreciable amount is cost less the expected residual value at the end of the useful life.</p> <p xmlns="http://www.w3.org/1999/xhtml">Cost comprises  the purchase price and any costs directly attributable to the acquisition  until the date when the asset is  available  for use.  The cost of  self-constructed  assets comprises direct and indirect costs of materials, components, sub-suppliers and wages.</p> <p xmlns="http://www.w3.org/1999/xhtml">Straight-line  depreciation  is  provided  on  the basis  of  the  following estimated  useful  lives  of the assets:</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> Useful life <br/> Fixtures and fittings, tools and equipment    4 years</p> <p xmlns="http://www.w3.org/1999/xhtml">Gains or losses  from the disposal  of  property, plant  and equipment  are recognised in  the income statement as other operating income or other operating expenses, respectively.</p> <p xmlns="http://www.w3.org/1999/xhtml">Impairment of fixed assets <br/> The carrying amount of  fixtures and fittings, tools and equipment is tested  for impairment, other than what is  reflected  through normal  amortisation  and depreciation,  on   an annual basis.</p> <p xmlns="http://www.w3.org/1999/xhtml">Where there is  evidence  of  impairment,  an impairment  test is  performed for each individual asset  or group of  assets. Write-down  is  made to the lower  of  the recoverable  amount and the carrying amount.</p> <p xmlns="http://www.w3.org/1999/xhtml">Receivables <br/> Receivables are measured at amortised cost.</p> <p xmlns="http://www.w3.org/1999/xhtml">Contract work in progress <br/> Contract work in progress is measured at the selling price of the work performed. The selling price is measured by  reference to the stage of completion at the balance sheet date and the expected aggregate income from the individual work in  progress. The stage  of completion is determined as the share of the expenses incurred relative to the expected total expenses for the individual work in progress.</p> <p xmlns="http://www.w3.org/1999/xhtml">Prepayments <br/> Prepayments recognised under 'Current assets' comprises expenses incurred concerning subsequent financial years.</p> <p xmlns="http://www.w3.org/1999/xhtml">Cash and cash equivalents <br/> Cash and cash equivalents comprise cash.</p> <p xmlns="http://www.w3.org/1999/xhtml">                                                                                                                                                                                                                                                                           </p> 2041160 1739909 1331566 894388 709594 845521 5 7 709589 845514 78100 0 631489 845514 0 631489 631489 845514 1052060 1477864 308398 108271 96242 342326 49582 23387 1506282 1951848 491113 300484 1997395 2252332 1997395 2252332 50000 50000 151306 -480183 201306 -430183 1717989 2682515 78100 1796089 2682515 1796089 2682515 1997395 2252332 <table xmlns="http://www.w3.org/1999/xhtml" class="incomeStatement" style="border:0; margin-bottom: 20px;"> <thead> <tr class="header1"> <th class="col1"/> <th class="col2"/> <th class="col3">2023/24</th> </tr> </thead> <tbody> <tr> <td class="col1 dotted"> <span> Average number of employees </span> </td> <td class="col2"> </td> <td class="col3"> 1 </td> <td class="col4 lastyear"> </td> </tr> </tbody> </table> 1 false false false true Erhvervsstyrelsen Regnskab Basis 2023-06-30 2022-07-01 No audit assistance Hooman Roudi Sundkrogsgade 21 2100 Copenhagen