32297757 2025-01-01 2025-12-31 32297757 2025-01-01 2025-12-31 1 32297757 2025-01-01 2025-12-31 1 32297757 2024-01-01 2024-12-31 32297757 2025-12-31 32297757 2024-12-31 32297757 2024-12-31 fsa:ContributedCapitalMember 32297757 2024-12-31 fsa:RetainedEarningsMember 32297757 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 32297757 2025-12-31 fsa:ContributedCapitalMember 32297757 2025-12-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Annual report 2026-03-23 Ditte Kristine Lassen-Kahlke The Executive Board has today considered and approved the annual report of Mikkeller DK Bars ApS for the financial year 01.01.2025 - 31.12.2025. 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 31.12.2025 and​of the results of its operations for the financial year 01.01.2025 - 31.12.2025. I believe that the management commentary contains a fair review of the affairs and conditions referred to ​therein. I recommend to the Annual General Meeting that the financial statements for the next financial year not be audited. I recommend the annual report for adoption at the Annual General Meeting. Copenhagen Mikkel Bjergsø CEO To the shareholders of Mikkeller DK Bars ApS We have performed an extended review of the financial statements of Mikkeller DK Bars ApS for the ​financial year 01.01.2025 - 31.12.2025, 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. 31.12.2025 and of the results of its operations for the financial year 01.01.2025 - 31.12.2025in accordance with the Danish Financial Statements Act. We 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. Management 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. Our 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 ​personnel, performing analytical and the specifically required supplementary procedures as well as evaluating ​the evidence obtained.​​The procedures performed in an extended review are less in scope than in an audit, and accordingly we do ​not express an audit opinion on the financial statements. Management 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. Copenhagen Deloitte Statsautoriseret Revisionspartnerselskab 33963556 Hans Tauby State Authorised Public Accountant mne44339 Primary activitiesThe company's activities comprise in bar business. Development in activities and financesThe income statement for 2025 shows a profit of DKK 1,203,156 against DKK 3,782,340 last year. The balance sheet shows an equity of DKK 10,141,110.​​In the financial year, the company has received a group contribution from its parent company in the form of debt ​forgiveness totaling DKK 1 million. 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. 9524897 11712706 8403140 9698348 602510 1143233 519247 871125 160761 86121 58367 130204 621641 827042 -581515 -2955298 1203156 3782340 1203156 3782340 1203156 3782340 0 12519 0 12519 596507 416440 695698 1055067 1292205 1471507 2441670 2462929 1500000 1500000 3941670 3962929 5233875 5446955 1395780 1521066 1395780 1521066 384876 490729 0 503214 4400 72701 606921 1455298 1026988 871192 2023185 3393134 4198786 5130833 7617751 10045033 12851626 15491988 120000 120000 10021110 7817954 10141110 7937954 0 4513995 0 4513995 0 30575 1411138 1716380 565715 727701 733663 565383 2710516 3040039 2710516 7554034 12851626 15491988 120000 7817954 7937954 1000000 1000000 1203156 1203156 120000 10021110 10141110 1 Staff costs2025​DKK2024​DKKWages and salaries8,079,4649,407,832Pension costs119,04673,783Other social security costs204,630216,7338,403,1409,698,348Average number of full-time employees2326 23 26 2 Depreciation, amortisation and impairment losses2025​DKK2024​DKKAmortisation of intangible assets12,51929,267Depreciation of property, plant and equipment589,9911,113,966602,5101,143,233 3 Other financial income ​2025​DKK2024​DKKFinancial income from group enterprises126,9660Other interest income33,11581,277Exchange rate adjustments6804,844160,76186,121 4 Other financial expenses2025​DKK2024​DKKFinancial expenses from group enterprises57,42267,813Other interest expenses94562,39158,367130,204 5 Tax on profit/loss for the year2025​DKK2024​DKKChange in deferred tax0(1,500,000)Adjustment concerning previous years25,4060Refund in joint taxation arrangement(606,921)(1,455,298)(581,515)(2,955,298) 6 Intangible assetsAcquired intangible assets​DKKCost beginning of year3,603,480Cost end of year3,603,480Amortisation and impairment losses beginning of year(3,590,961)Amortisation for the year(12,519)Amortisation and impairment losses end of year(3,603,480)Carrying amount end of year0 7 Property, plant and equipmentOther fixtures and fittings, tools and equipment​DKKLeasehold improvements​DKKCost beginning of year1,979,97513,724,662Additions338,73271,957Cost end of year2,318,70713,796,619Depreciation and impairment losses beginning of year(1,563,535)(12,669,595)Depreciation for the year(158,665)(431,326)Depreciation and impairment losses end of year(1,722,200)(13,100,921)Carrying amount end of year596,507695,698 8 Financial assetsDeposits​DKKDeferred​tax ​DKKCost beginning of year2,462,9291,500,000Disposals(21,259)0Cost end of year2,441,6701,500,000Carrying amount end of year2,441,6701,500,000 9 Other unrecognised commitmentsUnrecognised rental and lease commitments2025​DKK2024​DKKLiabilities under rental or lease agreements until maturity in total19,933,9983,350,321 10 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement where Bjergsø Holding ApS serves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is​therefore secondarily liable for income taxes etc for the jointly taxed entities, which is limited to the equity interest by which the entity participates in the Group, as well as secondarily liable 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. 11 Assets charged and collateralThe company has provided guarantees in respect of landlord, which amounts to DKK 1,625,000. 12 Group relationsName and registered office of the Parent preparing consolidated financial statements for the smallest group:​Bjergsø Holding ApS, København 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. Non-comparabilityDue to mergers in the current year, there will be inconsistensy in the comparative figures which are specified under "Business combinations".​​Income from the sale of intangible assets and property, plant, and equipment has been recognized as Other Operating Income in the current year, whereas last years loss it was classified under Other Operating Expenses in the comparative figures. The sale of intangible assets and property, plant, and equipment resulted in a income of DKK 22,148 in the current year compared to a loss of DKK 72,069 in the comparative figures. ​​Aside from the above, the accounting policies are consistent with those applied last year. Recognition 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. Business combinationsThe modified uniting-of-interests method is applied on mergers, where the enterprises concerned are controlled by the Parent. Under the uniting-of-interests method, the acquiree’s assets and liabilities are recognised at their carrying amounts, adjusted for any differences in accounting policies. The difference between the consideration agreed and the carrying amount of the acquiree is recognised in equity. The comparative figures are not restated. Gross profit or lossGross profit or loss comprises revenue, changes in inventories of finished goods, other operating income, cost of sales and external expenses. RevenueRevenue from the sale of services is recognised in the income statement when delivery is made and risk has passed to the buyer. Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of​the consideration fixed. Other operating incomeOther operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary ​activities, including profit from the sale of intangible assets and property, plant and equipment, and salary refunds. Cost of salesCost of sales comprises goods consumed in the financial year measured at cost, adjusted for normal inventory writedowns. 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 plant and equipment and intangible ​assets comprise depreciation, amortisation and impairment losses for the financial year, and gains and ​losses from the sale of intangible assets and plant and equipment. Other financial incomeOther financial income comprises interest income. Other 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. 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.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). Intellectual property rights etcIntellectual property rights etc comprise acquired intellectual property rights and prepayments for in-tangible assets.Intellectual property rights acquired are measured at cost less accumulated amortisation. Licences are amortised over the term of the agreement.​​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:​​Acquired rights 10 years​ ​Intellectual property rights etc. are written down to the lower of recoverable amount and carrying amount. Plant and equipmentOther fixtures and fittings, tools and equipment and leasehold improvements 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 equipment5 yearsLeasehold improvements5 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 plant and equipment are written down to the lower of recoverable amount and carrying amount. 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. InventoriesInventories are measured at the lower of cost using the FIFO method and net realisable value. ​​Cost consists of purchase price plus delivery costs.​​The net realisable value of inventories is calculated as the estimated selling price less completion costs and ​costs incurred to execute sale. ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and ​doubtful debts. Joint taxation contributions receivable or payableCurrent joint taxation contributions payable or joint taxation contributions receivable are recognised in the balance sheet, calculated as tax computed on the taxable income for the year, which has been adjusted for prepaid tax. For tax losses, joint taxation contributions receivable are only recognised if such losses are expected to be used under the joint taxation arrangement. PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at ​cost. CashCash comprises cash in hand and bank deposits. Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Prepayments received from customersPrepayments received from customers comprise amounts received from customers prior to delivery of the ​goods agreed or completion of the service agreed. true Grundlag for konklusion Konklusion 2026-03-23 2026-03-23 true 2024-01-01 2024-12-31 København S 2300 6 Weidekampsgade København København V 1717 Regnskabsklasse B Erklæring om udvidet gennemgang 2025-12-31 2025-01-01 32 Skelbækgade Mikkeller DK Bars ApS 32297757 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab