379593832024-01-012024-12-31379593832024-01-012024-12-311379593832024-01-012024-12-311379593832024-01-012024-12-312379593832024-12-31379593832023-12-31fsa:ContributedCapitalMember379593832023-12-31fsa:RetainedEarningsMember379593832023-12-31fsa:ProposedExtraordinaryDividendRecognisedInEquityMember379593832023-12-31fsa:ProposedDividendRecognisedInEquityMember379593832023-12-31379593832024-01-012024-12-31fsa:RetainedEarningsMember379593832024-01-012024-12-31fsa:ProposedDividendRecognisedInEquityMember379593832024-01-012024-12-31fsa:ProposedExtraordinaryDividendRecognisedInEquityMember379593832024-12-31fsa:ContributedCapitalMember379593832024-12-31fsa:RetainedEarningsMember379593832024-12-31fsa:ProposedExtraordinaryDividendRecognisedInEquityMember379593832024-12-31fsa:ProposedDividendRecognisedInEquityMember379593832023-01-012023-12-31iso4217:DKKxbrli:pureThe Liquidator has today considered and approved the annual report of Pento ApS for the financial year 01.01.2024 - 31.12.2024. 905052030The annual report is presented in accordance with the Danish Financial Statements Act.1986621041554781In my opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2024 and of the results of its operations for the financial year 01.01.2024 - 31.12.2024.70638993-41554781I believe that the management commentary contains a fair review of the affairs and conditions referred to therein.4260913385839I recommend the annual report for adoption at the Annual General Meeting.036124Copenhagen644419613556337David Sussely63768706-58533081To the shareholders of Pento ApS270587550We have audited the financial statements of Pento ApS for the financial year 01.01.2024 - 31.12.2024, 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. ​ ​In our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2024 and of the results of its operations for the financial year 01.01.2024 - 31.12.2024 in accordance with the Danish Financial Statements Act.74495954779601We 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 financial statements" section of this auditor’s report. 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 audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.10144142278355We refer to note 1 and to the accounting policies in which it is evident that Management has decided that the Company must enter into liquidation in accordance with the rules on solvent liquidation. The accounting policies applied for these financial statements are consistent with those applied last year, however, recognition and measurement, classification and preparation of accounting items, etc. are carried out in consideration of the Company’s assets and liabilities are realised.97262642-56031835Management 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.2745637-3414946Our objectives are to obtain reasonable assurance about whether the financial statements as a whole 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 the 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 these financial statements.​​As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, ​we exercise professional judgement and maintain professional scepticism throughout the audit. We also:Identify and assess the risks 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.​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 Entity’s internal control.​Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates ​and related disclosures made by Management. ​Evaluate the overall presentation, structure and content of the financial statements, including the disclosures ​in the notes, and whether the financial statements represent the underlying transactions and ​events in a manner that gives a true and fair view.​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.94517005-5261688994517005-52616889Management is responsible for the management commentary. Our opinion 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 audit 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 audit 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 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 commentary. 00 Copenhagen00Claus Jorch Andersen066861mne33712066861State Authorised Public Accountant09Arif Aygar05649mne5063405658State Authorised Public Accountant072519Primary activitiesThe Company’s primary activity is selling cloud based payroll software and also related business.59425280Description of material changes in activities and financesThe company's financial activities for the fiscal year have been significantly impacted by transactions during the year related to the sale of the business and subsequent transactions associated. For the company, this means that normal operations for the fiscal year have been discontinued, and the company has divested IP rights and equity interests in affiliated companies. Further, the company entered into voluntary liquidation during the fiscal year, and its activities have been discontinued. The company is awaiting final tax clearance from the Danish Tax Authorities before proceeding with final liquidation. The company has sufficient liquidity to meet its obligations to third parties. As a result of the above, the accounting policies are based on the assumption that the business will not continue its operations. This has resulted in the company's assets being measured at net realisable value.421663642956Events 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.2577930This 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.138777184984Consolidated financial statementsReferring to section 110 of the Danish Financial Statements Act, no consolidated financial statements have been prepared.6760761827940Going concernThe company has entered into voluntary liquidation and the accounting policies are based on the assumption that the business will not continue its operations. This has resulted in the company's assets being measured at net realisable value.1126704212578209Recognition 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.7887465213406149Foreign currency translationOn initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the rate in effect at the payment date, or the rate at the balance sheet date, are recognised in the income statement as financial income or financial expenses. Property, plant and equipment, intangible assets, inventories and other non-monetary assets that have been purchased in foreign currencies are translated using historical rates.​​When recognising foreign subsidiaries and associates that are independent entities, the income statements ​are translated at average exchange rates for the months that do not significantly deviate from the rates at the transaction date. Balance sheet items are translated using the exchange rates at the balance sheet date. Goodwill​is considered belonging to the independent foreign entity and is translated using the exchange rate at the balance sheet date. Exchange differences arising out of the translation of foreign subsidiaries’ equity at the beginning of the year at the balance sheet date exchange rates and out of the translation of income statements from average rates to the exchange rates at the balance sheet date are classified directly as equity.​​Exchange adjustments of outstanding accounts with independent foreign subsidiaries, which are considered ​part of the total investment in the subsidiary in question, are classified directly as equity.When recognising foreign subsidiaries that are integral entities, monetary assets and liabilities are translated using the exchange rates at the balance sheet date. Non-monetary assets and liabilities are translated at the exchange rate at the time of acquisition or the time of any subsequent revaluation or writedown. The items of the​income statement are translated at the average rates of the months; however, items deriving from non-monetary​assets and liabilities are translated using the historical rates applicable to the relevant non-monetary items.7887465213478668159465159465Other operating incomeOther operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary activities.81041733322974Other 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.0168620000Staff costsStaff costs comprise salaries and wages, and social security contributions, pension contributions, etc for entity staff.969882202102439Depreciation, 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.02307929Other operating expensesOther operating expenses comprise expenses of a secondary nature as viewed in relation to the Entity’s primary activities, including loss transfer pricing adjustment with subsidiaries and loss from the sale of intangible assets and property, plant and equipment.57711626824588Income from investments in group enterprisesIncome from investments in group enterprises comprises dividends etc received from the individual group enterprises in the financial year.11464212243712Other financial incomeOther financial income comprises interest income, including interest income on receivables from group enterprises and payables and transactions in foreign currencies etc.691758311376229Other financial expensesOther financial expenses comprise interest expenses, including payables and transactions in foreign currencies, and tax surcharge under the Danish Tax Prepayment Scheme etc.6917583113762297887465213478668Tax 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.1594654Intellectual property rights etc.Intellectual property rights etc comprise 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 under 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 4 years. ​ ​Intellectual property rights etc. are written down to the lower of recoverable amount and carrying amount.33322974Property, plant and equipmentOther fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses. ​​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.​​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 equipment3 yearsEstimated 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.0Investments in group enterprisesInvestments in group enterprises are measured at cost. Investments are written down to the ​lower of recoverable amount and carrying amount.168620000ReceivablesReceivables 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.0PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at cost.168620000CashCash comprises cash in hand and bank deposits.168620000DividendDividend is recognised as a liability at the time of adoption at the general meeting. Proposed dividend for the financial year is disclosed as a separate item in equity. Extraordinary dividend adopted in the financial year is recognised directly in equity when distributed and disclosed as a separate item in Management's proposal for distribution of profit/loss.0Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.127029562Ikke væsentlig usikkerhed vedr. fortsat drift127029562true-32512557Grundlag for konklusion127029562Konklusion02025-07-042025-07-04159465true8104172023-01-0102023-12-31033963556København S1 Uncertainty related to going concernThe company entered into voluntary liquidation during the fiscal year, and its activities have been discontinued. The company is awaiting final tax clearance from the Danish Tax Authorities before proceeding with final liquidation. The company has sufficient liquidity to meet its obligations to third parties. As a result of the above, the accounting policies are based on the assumption that the business will not continue its operations. This has resulted in the company's assets being measured at net realisable value.23002 Other operating income2024 DKK2023 DKKGain on sale of development projects74,811,5440Transfer pricing adjustments15,682,9680operating10,691090,505,203063 Staff costs2024 DKK2023 DKKWages and salaries426,0913,384,418Other social security costs01,421426,0913,385,839Average number of full-time employees14Weidekampsgade1Deloitte Statsautoriseret Revisionspartnerselskab4 Other operating expensesOther operating expenses include costs that are secondary to the company's activities. For the current fiscal year, other operating expenses comprise of costs regarding transfer pricing adjustments.Copenhagen5 Income from investments in group enterprisesIncome from investments in group enterprises comprises debt cancellation granted to subsidiaries for DKK 2.9 million. Copenhagen6 Other financial income 2024 DKK2023 DKKFinancial income from group enterprises1,998,899109,382Other interest income234,2124,669,281Exchange rate adjustments5,216,4849387,449,5954,779,60112567 Other financial expenses2024​DKK2023​DKKExchange rate adjustments1,014,4142,219,725Other financial expenses058,6301,014,4142,278,355Regnskabsklasse B8 Tax on profit/loss for the year2024 DKK2023 DKKCurrent tax2,745,637(3,414,946)2,745,637(3,414,946)Revisionspåtegning9 Intangible assetsCompleted development projects DKKCost beginning of year12,823,634Disposals(12,823,634)Cost end of year0Amortisation and impairment losses beginning of year(12,823,634)Reversal regarding disposals12,823,634Amortisation and impairment losses end of year0Carrying amount end of year0Management has chosen to write down the value of development projects to DKK 0 due to uncertainties regarding future financial benefits. Management has no doubt about the use of the platform and that financial benefits will be achieved by the company, but uncertainties exist on the time period of these financial benefits.2024-12-3110 Development projectsCompleted development projects relates to the Company and subsidiary's cloud based payroll software which the Company and subsidiary uses in its operations. The payroll software is used by the subsidiary's customers. The payroll software is continuously further developed by the Company. ​ 2024-01-0111 Property, plant and equipmentOther fixtures and fittings, tools and equipment​DKKCost beginning of year165,428Disposals(165,428)Cost end of year0Depreciation and impairment losses beginning of year(98,567)Reversal regarding disposals98,567Depreciation and impairment losses end of year0Carrying amount end of year012 Financial assetsInvestments in group enterprises​DKKDeposits​DKKCost beginning of year95,649Disposals(9)(5,649)Cost end of year00Carrying amount end of year0013 Contributed capitalNumberA shares47,651B1 shares43,104B2 shares1,779B3 shares29,390B4 shares37,541159,4656AmaliegadePento ApS37959383339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapport2025-07-04David Sussely