xbrli:pureiso4217:DKK397334392021-01-012021-12-31397334392021-01-012021-12-311397334392021-01-012021-12-311397334392021-01-012021-12-311397334392021-01-012021-12-31397334392020-01-012020-12-31397334392021-01-012021-12-31fsa:RetainedEarningsMember397334392020-01-012020-12-31fsa:RetainedEarningsMember397334392021-01-012021-12-31fsa:RetainedEarningsMember397334392021-12-31397334392020-12-31397334392021-01-01fsa:ContributedCapitalMember397334392021-01-01fsa:ReserveForDevelopmentExpenditureMember397334392021-01-01fsa:RetainedEarningsMember397334392021-01-01397334392021-12-31fsa:ContributedCapitalMember397334392021-12-31fsa:ReserveForDevelopmentExpenditureMember397334392021-12-31fsa:RetainedEarningsMember397334392021-01-012021-12-31fsa:ReserveForDevelopmentExpenditureMember2022-06-292022-06-29true339635562020-01-012020-12-31Aarhus C80002City Tower, VærkmestergadeDeloitte Statsautoriseret RevisionspartnerselskabKøbenhavnKøbenhavn V1620Regnskabsklasse BAndre erklæringer uden sikkerhed2021-12-312021-01-013<br /><br />56VesterbrogadeBlocser ApS39733439339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapportThe Board of Directors and the Executive Board have today considered and approved the annual report of Blocser ApS for the financial year 01.01.2021 - 31.12.2021.The annual report is presented in accordance with the Danish Financial Statements Act.In my opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2021 and of the results of its operations for the financial year 01.01.2021 - 31.12.2021.I believe that the management commentary contains a fair review of the affairs and conditions referred to therein.We consider the preconditions for not auditing the financial statements for the financial year 01.01.2021 - 31.12.2021 as complied with..I recommend the annual report for adoption at the Annual General Meeting.CopenhagenJohan Henrik DanbjørgJohan Henrik DanbjørgTo Management of Blocser ApSWe have compiled the financial statements of Blocser ApS for the financial year 01.01.2021 - 31.12.2021 based on the Entity’s bookkeeping records and other information Management has provided. ​ ​These financial statements comprise the income statement, balance sheet, statement of changes in equity, notes and accounting policies. ​ ​We performed this compilation engagement in accordance with ISRS 4410, Compilation Engagements. ​ ​We have applied our expertise in accounting and financial reporting to assist Management in the preparation ​and presentation of these financial statements in accordance with the Danish Financial Statements Act. We ​have complied with relevant provisions of the Danish Public Accountants Act and FSR – Danish Auditors’ Code ​of Conduct for professional accountants, including principles of integrity, objectivity, professional competence ​and due care. These financial statements and the accuracy and completeness of the information used to compile the financial ​statements are Management’s responsibility. Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy ​or completeness of the disclosures Management provided to us to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion about whether the financial statements ​have been prepared in accordance with the Danish Financial Statements Act. AarhusBrian Charles Schmidtmne45845State Authorised Public AccountantPrimary activitiesThe company's activity consists in developing an electronic platform to support people who want to work independently in the gig economy.Development in activities and financesThe company's income statement for 2021 shows a loss of DKK 1,146,807 and the company's equity is amounted to DKK 1,276,392. The result for the year is as expected as a result of continued development on projects.Events after the balance sheet dateNo events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.-1283580-6864167901601952370-1557833-6864160923857284773-1643561-690266-496754-272648-1146807-417618-1146807-417618-11468074633313003904741463331339047414633313390474110747685673204754434531424394243935466956264339639856831475106711309575384380503569842857142857136139843045698-2766163-1051070127639224231994285713045698-105107024231994285713613984-27661631660004580001246751124675114127511704751190925780000019092578000001333330618269100003437897748785980107748269523790774853843805035698568286-56828601 Staff costs2021 DKK2020 DKKWages and salaries266,437581,408Other social security costs4,6113,976271,048585,384Staff costs classified as assets(192,032)(585,384)79,0160Average number of full-time employees11112 Tax on profit/loss for the year2021 DKK2020 DKKCurrent tax(204,754)(434,531)Change in deferred tax(292,000)154,000Adjustment concerning previous years07,883(496,754)(272,648)3 Intangible assetsCompleted development projects DKKDevelopment projects in progress DKKCost beginning of year03,904,741Transfers3,904,741(3,904,741)Additions923,8090Cost end of year4,828,5500Amortisation for the year(195,237)0Amortisation and impairment losses end of year(195,237)0Carrying amount end of year4,633,31304 Development projects Blocser is developing a mobile application which allows users to create a personal freelance profile - a business card for the internet. Blocser’s application will use third party provider functionality to enable a virtual web-based cash register where freelancers and small enterprises can track their business. The system will incorporate third party payment solutions allowing payments outside the Blocser ecosystem, which will generate future revenues.5 Non-current liabilities other than provisionsDue within 12 months 2021 DKKDue after more than 12 months 2021 DKKOutstanding after 5 years 2021 DKKSubordinate loan capital133,3331,909,257133,333133,3331,909,257133,3336 Assets charged and collateralThe Company has granted a corporate mortgage of DKK 800,000 on trade receivables, inventories, goodwill, operating equipment and vehicles. The value of the corporate mortgage is DKK 0 at 31.12.2021. This 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, however with some reclassifications.falseRecognition 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.Gross profit or lossGross profit or loss comprises other external expenses.Other external expensesOther external expenses include expenses relating to the Entity’s ordinary activities, including expenses for premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of receivables recognised in current assets.Staff costsStaff costs comprise salaries and wages, and social security contributions, pension contributions, etc for entity staff.Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses relating to intangible assets comprise depreciation, amortisation and impairment losses for the financial year.Other financial incomeOther financial income comprises interest income, including payables and transactions in foreign currencies, amortisation of financial assets etc.Other financial expensesOther financial expenses comprise interest expenses, including interest expenses and tax surcharge under the Danish Tax Prepayment Scheme etc.Tax on profit/loss for the yearTax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the income statement by the portion attributable to the profit for the year and recognised directly in equity by the portion attributable to entries directly in equity.Intellectual property rights etcIntellectual property rights etc comprise development projects completed and in progress with related intellectual property rights.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. ​ ​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 3 years. ​ ​Intellectual property rights etc are written down to the lower of recoverable amount and carrying amount.ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and doubtful debts.Tax payable or receivableCurrent tax payable or receivable is recognised in the balance sheet, stated as tax computed on this year's taxable income, adjusted for prepaid tax.PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at cost.CashCash comprises bank deposits.Deferred 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. Deferred tax assets, including the tax base of tax loss carryforwards, are recognised in the balance sheet at their estimated realisable value, either as a set-off against deferred tax liabilities or as net tax assets.Other provisionsOther provisions comprise anticipated costs of returns Other provisions are recognised and measured as the best estimate of the expenses required to settle the liabilities at the balance sheet date. Provisions that are estimated to mature more than one year after the balance sheet date are measured at their discounted value. Once it is probable that total costs will exceed total income from a contract in progress, provision is made for the total loss estimated to result from the relevant contract.Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.2022-06-29Johan Henrik Danbjørg