33080867 2024-10-01 2025-09-30 cmn:ConsolidatedMember 33080867 2024-10-01 2025-09-30 33080867 2024-10-01 2025-09-30 1 cmn:ConsolidatedMember 33080867 2024-10-01 2025-09-30 1 cmn:ConsolidatedMember 33080867 2024-10-01 2025-09-30 cmn:ConsolidatedMember cmn:OtherRenderingOfReportedValueMember 33080867 2023-10-01 2024-09-30 cmn:ConsolidatedMember cmn:OtherRenderingOfReportedValueMember 33080867 2022-10-01 2023-09-30 cmn:ConsolidatedMember 33080867 2021-10-01 2022-09-30 cmn:ConsolidatedMember 33080867 2020-10-01 2021-09-30 cmn:ConsolidatedMember 33080867 2024-10-01 2025-09-30 cmn:ConsolidatedMember 1973 33080867 2023-10-01 2024-09-30 cmn:ConsolidatedMember 1973 33080867 2022-10-01 2023-09-30 cmn:ConsolidatedMember 1973 33080867 2021-10-01 2022-09-30 cmn:ConsolidatedMember 1973 33080867 2020-10-01 2021-09-30 cmn:ConsolidatedMember 1973 33080867 2024-10-01 2025-09-30 cmn:ConsolidatedMember 382 33080867 2023-10-01 2024-09-30 cmn:ConsolidatedMember 382 33080867 2022-10-01 2023-09-30 cmn:ConsolidatedMember 382 33080867 2021-10-01 2022-09-30 cmn:ConsolidatedMember 382 33080867 2020-10-01 2021-09-30 cmn:ConsolidatedMember 382 33080867 2024-10-01 2025-09-30 cmn:ConsolidatedMember 33080867 2023-10-01 2024-09-30 cmn:ConsolidatedMember 33080867 2025-09-30 cmn:ConsolidatedMember cmn:OtherRenderingOfReportedValueMember 33080867 2024-09-30 cmn:ConsolidatedMember cmn:OtherRenderingOfReportedValueMember 33080867 2023-09-30 cmn:ConsolidatedMember 33080867 2022-09-30 cmn:ConsolidatedMember 33080867 2021-09-30 cmn:ConsolidatedMember 33080867 2024-10-01 2025-09-30 cmn:ConsolidatedMember 389 33080867 2023-10-01 2024-09-30 cmn:ConsolidatedMember 389 33080867 2022-10-01 2023-09-30 cmn:ConsolidatedMember 389 33080867 2021-10-01 2022-09-30 cmn:ConsolidatedMember 389 33080867 2020-10-01 2021-09-30 cmn:ConsolidatedMember 389 33080867 2023-10-01 2024-09-30 cmn:ConsolidatedMember 33080867 2024-10-01 2025-09-30 33080867 2023-10-01 2024-09-30 33080867 2025-09-30 cmn:ConsolidatedMember 33080867 2024-09-30 cmn:ConsolidatedMember 33080867 2025-09-30 33080867 2024-09-30 33080867 2024-10-01 cmn:ConsolidatedMember 33080867 2023-10-01 cmn:ConsolidatedMember iso4217:DKK xbrli:pure 2024-10-01 2025-09-30 2026-03-31 inforevision statsautoriseret revisionsaktieselskab 2860 Søborg Buddingevej 312 2023-10-01 2024-09-30 ARB Holding ApS 33080867 Annual report Ann Rose Bokkenheuser ARB Holding ApS 33080867 Ann Rose Bokkenheuser Ulrik Fog Christensen State Authorised Public Accountant  Group 2024/25Group 2023/24Group 2022/23Group 2021/22Group 2020/21 DKK'000DKK'000DKK'000DKK'000DKK'000Key fig­ures     Income state­ment     Gross profit/loss18.36037.02854.88818.78225.486EBITDA-5.01415.86038.3372.9187.994EBIT-12.31710.02932.060-3.6422.802Net fin­an­ci­als-5.584-5.399-5.678-1.121-2.971Profit/loss for the year-14.1623.40120.734-3.397-44      Bal­ance sheet     Total assets131.037126.828120.161127.801128.763Inves­ted cap­ital99.166102.80699.039106.18292.194Equity20.97734.83131.41310.63314.117      Cash flows     Cash flow from operat­ing activ­it­ies-13.6169.9161.172-8.0292.684Cash flow from invest­ing activ­it­ies-3.607-9.24529.515-10.981-18.275Cash flow from invest­ment in prop­erty, plant and equip­ment for the year-4.844-9.361-4.461-10.964-18.307Cash flow from fin­an­cing activ­it­ies-4.010-4.343-9.376-6385.788Cash flows for the year-21.233-3.67221.311-19.648-9.803      Average num­ber of full-time employee3937303134      Ratios     Solvency ratio (%)16,0%27,5%26,1%8,3%11,0%Return on equity (%)-50,8%10,3%98,6%-27,5%-0,3%      Ratios with neg­at­ive basis of cal­cu­la­tion have been presen­ted as (-).      Refer­ring to defin­i­tions in the account­ing policies, Key Fig­ures and Fin­an­cial Ratios are in all mater­ial aspects defined and cal­cu­lated in accord­ance with the online ver­sion of "Recom­mend­a­tions & Fin­an­cial Ratios" issued by the CFA Soci­ety Den­mark. 18.360 37.028 54.888 18.782 25.486 -5.014 15.860 38.337 2.918 7.994 -12.317 10.029 32.060 -3.642 2.802 -5.584 -5.399 -5.678 -1.121 -2.971 -14.162 3.401 20.734 -3.397 -0.044 131.037 126.828 120.161 127.801 128.763 99.166 102.806 99.039 106.182 92.194 20.977 34.831 31.413 10.633 14.117 -13.616 9.916 1.172 -8.029 2.684 -3.607 -9.245 29.515 -10.981 -18.275 -4.844 -9.361 -4.461 -10.964 -18.307 -4.010 -4.343 -9.376 -0.638 5.788 39 37 30 31 34 0.16 0.275 0.261 0.083 0.11 -0.508 0.103 0.986 -0.275 -0.003 The primary activ­it­ies of the group com­prise the pro­vi­sion of com­pet­ence and fasten­ing solu­tions to the Energy sec­tor an man­u­fac­tur­ers of plate heat exhangers in par­tic­u­lar along with other indus­trial solu­tions to the global mar­ket. The res­ults of the com­pany's activ­it­ies in the fin­an­cial year amoun­ted to a loss of DKK -15.184.338 against DKK 4.191.178 in last fin­an­cial year. The equity at the bal­ance sheet date amoun­ted to DKK 20.977.307. The outlook for 2024-25 was expec­ted to be approx­im­ately 5% growth in activ­ity and a pos­it­ive res­ult. But neg­at­ive global mar­ket condi­tions and great uncer­tain­ties res­ul­ted in post­pone­ment of invest­ments in espe­ci­ally the wind industry and the groups's activ­ity in 2024-25 has there­fore been below expect­a­tions Rev­enue was well below expect­a­tions, espe­ci­ally due to a dis­pute regard­ing some deliv­er­ies that res­ul­ted in a claim and a tem­por­ar­ily close down of trad­ing, as well as delays in pay­ment of invoiced deliv­er­ies, for a sig­ni­fic­ant cus­tomer. The man­age­ment is nego­ti­at­ing the dis­pute, and it is expec­ted to be solved in 2026, with activ­ity start­ing up again in 2027. The group has spent a lot of effort and money to try and solve the dis­pute dur­ing the year, and these costs are also affect­ing the res­ult for 2024-25 neg­at­ively. The tur­bu­lent mar­ket condi­tions have res­ul­ted in a change of group strategy with sep­ar­a­tion of cus­tomer seg­ments into match­ing pro­duc­tion sites within the Rose Holm Group. The res­ult for 2024-25 is con­sidered unac­cept­able. The group operates in a highly com­pet­it­ive mar­ket, but also in a mar­ket with increas­ing activ­ity. We expect rev­enue in 2025-26 to be in line with 2024-25, and that the strengthened global organ­iz­a­tion, both organ­iz­a­tion­ally and in terms of pro­duc­tion, will gen­erate a pos­it­ive res­ult EBITDA in the range of DKK 8,5-9,5 mil­lion in 2025-26. The group con­tin­ues to invest in auto­ma­tion of pro­duc­tion capa­city to ensure the imple­ment­a­tion of the group’s growth strategy. The Exec­ut­ive Board have today con­sidered and adop­ted the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments for 1 Octo­ber 2024 - 30 Septem­ber 2025 for ARB Holding ApS. ARB Holding ApS The con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments is pre­pared in accord­ance with the Dan­ish Fin­an­cial State­ments Act. In my opin­ion, the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments give a true and fair view of group's and the the com­pany's fin­an­cial pos­i­tion at 30 Septem­ber 2025 and of the res­ults of its opera­tions and cash flows for the fin­an­cial year 1 Octo­ber 2024 - 30 Septem­ber 2025. I believe that the Man­age­ment's review con­tains a fair review of the affairs and condi­tions referred to therein. I recom­mend that the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments be adop­ted at the Annual Gen­eral Meet­ing. Ann Rose Bokkenheuser Executive director To the share­holder in ARB Holding ApS ARB Holding ApS Opinion We have audited the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments of ARB Holding ApS for the fin­an­cial year 1 Octo­ber 2024 - 30 Septem­ber 2025, which com­prise a sum­mary of sig­ni­fic­ant account­ing policies, income state­ment, bal­ance sheet, state­ment of changes in equity, state­ment of cash flows and notes. The con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments are pre­pared under the Dan­ish Fin­an­cial State­ments Act. In our opin­ion, the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments give a true and fair view of the group's and the com­pany's fin­an­cial pos­i­tion as at 30 Septem­ber 2025 and of the res­ults of the group's and the com­pany's opera­tions and cash flows for the fin­an­cial year 1 Octo­ber 2024 - 30 Septem­ber 2025 in accord­ance with the Dan­ish Fin­an­cial State­ments Act. ARB Holding ApS Basis for Opinion We 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 con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments" sec­tion of this aud­itor’s report. We are inde­pend­ent of the group in accord­ance with the Inter­n­a­tional Eth­ics Stand­ards Board of Account­ants' Code of Eth­ics for Pro­fes­sional Account­ants (IESBA Code) and the addi­tional require­ments applic­able in Den­mark, and we have ful­filled our other eth­ical respons­ib­il­it­ies in accord­ance with these require­ments and IESBA Code. We believe that the audit evid­ence we have obtained is suf­fi­ci­ent and appro­pri­ate to provide a basis for our opin­ion. Man­age­ment is respons­ible for the pre­par­a­tion of con­sol­id­ated fin­an­cial state­ments and 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 con­sol­id­ated fin­an­cial state­ments and fin­an­cial state­ments that are free from mater­ial mis­state­ment, whether due to fraud or error. In pre­par­ing the con­sol­id­ated fin­an­cial state­ments and fin­an­cial state­ments, Man­age­ment is respons­ible for assess­ing the group's and the com­pany's abil­ity to con­tinue as a going con­cern, for dis­clos­ing, as applic­able, mat­ters related to going con­cern, and for using the going con­cern basis of account­ing in pre­par­ing the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments unless Man­age­ment either intends to liquid­ate the group or the com­pany or to cease opera­tions, or has no real­istic altern­at­ive but to do so. Our object­ives are to obtain reas­on­able assur­ance about whether the con­sol­id­ated fin­an­cial state­ments and 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 con­sol­id­ated fin­an­cial state­ments and 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 con­sol­id­ated fin­an­cial state­ments and 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 group's and the com­pany's internal con­trol.Evalu­ate the appro­pri­ate­ness of account­ing policies used and the reas­on­able­ness of account­ing estim­ates and related dis­clos­ures made by Man­age­ment.Con­clude on the appro­pri­ate­ness of Man­age­ment’s use of the going con­cern basis of account­ing in pre­par­ing the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments, and, based on the audit evid­ence obtained, whether a mater­ial uncer­tainty exists related to events or condi­tions that may cast sig­ni­fic­ant doubt on the group's and the com­pany's abil­ity to con­tinue as a going con­cern. If we con­clude that a mater­ial uncer­tainty exists, we are required to draw atten­tion in our aud­itor’s report to the related dis­clos­ures in the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments or, if such dis­clos­ures are inad­equate, to modify our opin­ion. Our con­clu­sions are based on the audit evid­ence obtained up to the date of our aud­itor’s report. How­ever, future events or condi­tions may cause the group and the com­pany to cease to con­tinue as a going con­cern.Evalu­ate the overall present­a­tion, struc­ture and con­tent of the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments, includ­ing the dis­clos­ures in the notes, and whether the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments rep­res­ent the underly­ing trans­ac­tions and events in a man­ner that gives a true and fair view.Plan and per­form the group audit to obtain suf­fi­ci­ent appro­pri­ate audit evid­ence regard­ing the fin­an­cial inform­a­tion of the entit­ies or busi­ness units within the group as a basis for form­ing an opin­ion on the group Fin­an­cial State­ments and the Par­ent Com­pany Fin­an­cial State­ments. We are respons­ible for the dir­ec­tion, super­vi­sion and review of the audit work per­formed for pur­poses of the group audit. We remain solely respons­ible for our audit opin­ion. 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. Man­age­ment is respons­ible for Man­age­ment’s Review.Our opin­ion on the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments does not cover Man­age­ment’s Review, and we do not express any form of assur­ance con­clu­sion thereon.In con­nec­tion with our audit of the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments, our respons­ib­il­ity is to read Man­age­ment’s Review and, in doing so, con­sider whether Man­age­ment’s Review is mater­i­ally incon­sist­ent with the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments or our know­ledge obtained dur­ing the audit, or other­wise appears to be mater­i­ally mis­stated.Moreover, it is our respons­ib­il­ity to con­sider whether Man­age­ment’s Review provides the inform­a­tion required under the Dan­ish Fin­an­ci­als State­ments Act.Based on the work we have per­formed, in our view, Man­age­ment’s Review is in accord­ance with the con­sol­id­ated fin­an­cial state­ments and 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 in Man­age­ment’s Review. Søborg 2026-03-31 inforevision statsautoriseret revisionsaktieselskab 19263096 Ulrik Fog Christensen State Authorised Public Accountant mne29419 The con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments has been pre­pared in accord­ance with Dan­ish fin­an­cial state­ment legis­la­tion as well as gen­erally accep­ted account­ing prin­ciples. The con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments has been pre­pared in accord­ance with the pro­vi­sions of the Dan­ish Fin­an­cial State­ments Act govern­ing Reporting class C, medium-size enterprise.The account­ing policies have not been changed from last year. Reporting class C, medium-size enterprise The con­sol­id­ated fin­an­cial state­ments com­prise the par­ent com­pany and the enter­prises (group enter­prises) con­trolled by the par­ent com­pany. The par­ent com­pany is deemed to be con­trolling an enter­prise when it dir­ectly or indir­ectly con­trols more than 50 % of the vot­ing rights or is other­wise able to exer­cise con­trol of more than 50 % of the vot­ing rights or is other­wise able to exer­cise con­trol or de facto con­trol with respect to the eco­nomic and opera­tional deci­sions in the enter­prise. The con­sol­id­ated fin­an­cial state­ments are pre­pared on the basis of the fin­an­cial state­ments of the par­ent com­pany and the Group enter­prises by the add­ing together items of a uni­form nature. In the pre­par­a­tion of the con­sol­id­ated fin­an­cial state­ments, all inter­com­pany bal­ances, income and expenses as well as gains and losses arising from trans­ac­tions between the group enter­prises have been elim­in­ated. Equity invest­ments in the group enter­prises have been elim­in­ated by the group enter­prises' pro­por­tion­ate shares of the equity value. The fin­an­cial state­ments used for the pur­pose of con­sol­id­a­tion have been pre­pared in accord­ance with the con­sol­id­ated account­ing policies. The net profit or loss for the year and the equity of for­eign enter­prises have been expressed in Dan­ish Kroner. For­eign cur­rency trans­la­tion adjust­ments arising as a res­ult of trans­la­tion of the equity of the for­eign enter­prises at the begin­n­ing of the fin­an­cial years and trans­la­tion of the net profit or loss for the fin­an­cial years from the average rate of exchange to the clos­ing rate are charged dir­ectly to equity. Where group enter­prises have been acquired, the bal­ance res­ult­ing from the elim­in­a­tion has to the extent pos­s­ible been dis­trib­uted on the assets and liab­il­it­ies of the group enter­prises whose value is above or below the amount at which they were booked when the group rela­tion was est­ab­l­ished. Any remain­ing pos­it­ive bal­ance is treated as good­will and stated under intan­gible assets. Any neg­at­ive bal­ance which is equal to an expec­ted cost or an adverse decel­op­ment in the group enter­prises is recog­n­ised in the income state­ment when acquired. The con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments have been pre­pared based on his­t­or­ical cost.The income is recog­n­ised in the income state­ment as earned. Fur­ther­more, value adjust­ments of fin­an­cial assets and liab­il­it­ies meas­ured at fair value or amort­ised cost are recog­n­ised. Moreover, all expenses incurred to achieve the earn­ings for the year are recog­n­ised in the income state­ment, includ­ing depre­ci­a­tion, amort­isa­tion, impair­ment losses and pro­vi­sions as well as reversals due to changed account­ing estim­ates of amounts that have pre­vi­ously been recog­n­ised in the income state­ment.Assets are recog­n­ised in the bal­ance sheet when it is prob­able that future eco­nomic bene­fits attrib­ut­able to the asset will flow to the com­pany, and the value of the asset can be meas­ured reli­ably. Liab­il­it­ies are recog­n­ised in the bal­ance sheet when it is prob­able that future eco­nomic bene­fits will flow out of the com­pany, and the value of the liab­il­ity can be meas­ured reli­ably.Assets and liab­il­it­ies are ini­tially meas­ured at cost. Sub­sequently, assets and liab­il­it­ies are meas­ured as described for each item below.Cer­tain fin­an­cial assets and liab­il­it­ies are meas­ured at amort­ised cost, which involves the recog­n­i­tion of a con­stant effect­ive interest rate over the matur­ity period. Amort­ised cost is cal­cu­lated as ori­ginal cost less any repay­ments and with addi­tion/deduc­tion of the cumu­lat­ive amort­isa­tion of any dif­fer­ence between cost and the nom­inal amount. In this way, cap­ital losses and gains are alloc­ated over the matur­ity period.Recog­n­i­tion and meas­ure­ment take into account pre­dict­able losses and risks occur­ring before the present­a­tion of the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments which con­firm or inval­id­ate affairs and condi­tions exist­ing at the bal­ance sheet date.The func­tional cur­rency is Dan­ish Kroner. All other cur­ren­cies are con­sidered for­eign cur­ren­cies. Dur­ing the year, trans­ac­tions in for­eign cur­ren­cies have been trans­lated apply­ing the exchange rate at the trans­ac­tion date. If cur­rency pos­i­tions are con­sidered hedge of future cash flows, the value adjust­ments are recog­n­ised dir­ectly in equity.Receiv­ables and debt denom­in­ated in for­eign cur­ren­cies have been recog­n­ised at the exchange rate of the bal­ance sheet date.Real­ised and unreal­ised exchange gains and losses have been recog­n­ised in the income state­ment under other fin­an­cial income and expenses. Gross profit/loss includes "Rev­enue""Cost of sales""Other operat­ing income""External expenses". As income recog­n­i­tion cri­terion, the com­pleted con­tract method is applied so that rev­enue com­prises invoiced rev­enue for the year. Rev­enue from the sale of man­u­fac­tured goods and goods for resale is recog­n­ised in the income state­ment when deliv­ery is made and risk has passed to the buyer before the end of the fin­an­cial year. Rev­enue is meas­ured at fair value excl. VAT and less gran­ted goods and cus­tomer dis­counts. Cost of sales com­prise expenses incurred to earn rev­enue for the year includ­ing changes in goods for resale, raw mater­i­als and con­sum­ables used as well as pack­aging in the year. Other operat­ing income com­prises income of a sec­ond­ary nature as viewed in rela­tion to the com­pany's primary activ­it­ies, includ­ing pay­ments received from public author­it­ies as well as profit on sale of fixed assets. External expenses com­prises Selling costsCost of premisesAdmin­is­trat­ive expenses. Staff costs include wages and salar­ies includ­ing hol­i­day pay and pen­sions and other social secur­ity costs etc. to the com­pany's employ­ees. Income from invest­ments in group enter­prises com­prises the pro rata share of the group enter­prises’ profit/loss adjus­ted for internal profits and losses less amort­isa­tion of good­will on con­sol­id­a­tion for the year. Fin­an­cial income is recog­n­ised with amounts con­cern­ing the fin­an­cial year. Fin­an­cial income com­prise interest as well as interest reim­burse­ments under the Dan­ish Tax Pre­pay­ment Scheme. Impair­ment for losses of fin­an­cial asset invest­ments com­prises impair­ment for loss for the fin­an­cial year of invest­ments in group enter­prises. Fin­an­cial expenses is recog­n­ised with amounts con­cern­ing the the fin­an­cial year. Fin­an­cial expenses com­prise interest, amort­ised interest on lease com­mit­ments as well as interest sur­charge under the Dan­ish Tax Pre­pay­ment Scheme. Tax on profit or loss for the year rep­res­ents 22% of the book profit or loss adjus­ted for non-tax­able and non-deduct­ible items. Tax on profit or loss for the year con­sists of the anti­cip­ated tax por­tion of the tax­able income for the year adjus­ted for the changes for the year in deferred tax. Changes in deferred taxes due to adjust­ments of tax rates is recog­n­ised in the income state­ment. Tax on profit or loss for the year is recog­n­ised in the income state­ment by the por­tion attrib­ut­able to the profit or loss for the year and recog­n­ised dir­ectly in equity by the por­tion attrib­ut­able to entries dir­ectly in equity. The com­pany is sub­ject to the Dan­ish Tax Pre­pay­ment Scheme. Interest reim­burse­ment and interest sur­charge have been recog­n­ised in fin­an­cial income and expenses. The bal­ance sheet has been presen­ted in account form. Prop­erty, plant and equip­ment are meas­ured at cost less accu­mu­late depre­ci­a­tion. The basis of depre­ci­a­tion is cost less estim­ated resid­ual value after the end of use­ful life. Cost com­prises the acquis­i­tion price as well as costs dir­ectly related to the acquis­i­tion until the time when the asset is ready to be put into opera­tion. The cost price for an asset is divided into sep­ar­ate com­pon­ents, that are depre­ci­ated sep­ar­ately, if the use­ful life of the indi­vidual com­pon­ents is sig­ni­fic­antly dif­fer­ent. Depre­ci­a­tion is ini­ti­ated when the assets are ready to be taken into opera­tion. Assets are depre­ci­ated on a straight-line basis over their estim­ated use­ful lives with fol­low­ing resid­ual val­ues: Cat­egory Period Resid­ual value Plant and machinery 3 - 25 years 0% Fix­tures, fit­t­ings, tools and equip­ment 3 - 25 years 0% Minor pur­chases with use­ful lives below one year have been recog­n­ised as an expense in the income state­ment in external expenses.Profit/loss on sale or retire­ment has been included in the income state­ment under gross profit or loss and other operat­ing expenses.The car­ry­ing amounts of prop­erty, plant and equip­ment are reviewed annu­ally for indic­a­tion of impair­ment for losses, apart from what is expressed by usual depre­ci­a­tion. If this applies, impair­ment for loss is made of each asset or group of assets, respect­ively, to lower recover­able amount. As recover­able amount, the higher of expec­ted net selling price and net present value is applied. The net present value is cal­cu­lated as the present value of the expec­ted cash flows from the use of the asset or the group of assets.Impair­ment for loss for the year is recog­n­ised in the income state­ment as amort­isa­tion, depre­ci­a­tion and impair­ment for loss of prop­erty, plant and equip­ment and intan­gible assets. Prop­erty, plant and equip­ment that are assets held under lease and meet the condi­tions for fin­ance leases are accoun­ted for accord­ing to the same guidelines as owned assets. Assets held under lease are recog­n­ised in the bal­ance sheet at the lower of fair value and present value of the future lease pay­ments. On cal­cu­la­tion of the present value, the internal interest rate of the lease is applied as dis­count factor or an approx­im­ate value thereof. Assets held under fin­ance lease are depre­ci­ated and writ­ten down accord­ing to the same policies as are determ­ined for the remain­ing fixed assets. The cap­it­al­ised remain­ing lease com­mit­ment is recog­n­ised in the bal­ance sheet as a liab­il­ity other than pro­vi­sions. The interest por­tion of lease pay­ments is recog­n­ised over the term of the lease in the income state­ment. Lease agree­ments not meet­ing the cri­teria for fin­ance leases are con­sidered operat­ing leases. Pay­ments in rela­tion to operat­ing lease are recog­n­ised on a straight-line basis in the income state­ment over the term of the lease. Invest­ments in group enter­prises have been recog­n­ised accord­ing to the equity method. This means that invest­ments are meas­ured at the pro rata share of the group enter­prises' net asset value adjus­ted for internal dividends and profit or losses.For­eign group enter­prises' profit or loss and equity have been trans­lated into Dan­ish Kroner. Exchange dif­fer­ences arising out of the trans­la­tion of for­eign group enter­prises' equity at the begin­n­ing of the fin­an­cial 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 taken into equity.Dis­trib­ut­able reserves in group enter­prises which are dis­trib­uted as dividends to the par­ent at the bal­ance sheet date are included in the value of invest­ments.Group enter­prises with neg­at­ive net asset val­ues are meas­ured at zero, and any receiv­able from such enter­prises is writ­ten down by the Par­ent's share of the neg­at­ive net asset value to the extend deemed irre­cover­able. If the neg­at­ive net asset value exceeds the amount receiv­able, the remain­ing amount is recog­n­ised in pro­vi­sions to the extent the Par­ent has a legal or con­struct­ive oblig­a­tion to cover the rel­ev­ant enter­prise's liab­il­it­ies. The total net revalu­a­tion of invest­ments in group enter­prises is alloc­ated through the profit or loss dis­tri­bu­tion to "Reserve for net revalu­a­tion accord­ing to the equity method" under equity. The reserve is reduced by dividend dis­tri­bu­tions to the Par­ent and is adjus­ted by changes in equity in the group enter­prises. Depos­its recog­n­ised as fixed assets are meas­ured at amort­ised cost, which usu­ally cor­responds to nom­inal amount. Invent­or­ies are meas­ured at cost accord­ing to the FIFO method. In the event of cost exceed­ing net real­is­able value, write­down is made to this lower value. Cost of goods for resale as well as raw mater­i­als and con­sum­ables com­prises pur­chase price plus deliv­ery costs. Cost of man­u­fac­tured goods and work in pro­gress con­sists of costs of raw mater­i­als, con­sum­ables and other dir­ect costs. The net real­is­able value of invent­or­ies is cal­cu­lated at the estim­ated selling price less com­ple­tion costs and expec­ted costs to execute sale. The net real­is­able value is determ­ined allow­ing for mar­ket­ab­il­ity, obsol­es­cence and devel­op­ment in expec­ted sales price.Pre­pay­ments to sup­pli­ers regard­ing non delivered goods are recog­n­ised as a sep­ar­ate item under invent­or­ies. Received pre­pay­ments from cus­tomers regard­ing non delivered goods are recog­n­ised as liab­il­it­ies. Receiv­ables are meas­ured in the bal­ance sheet at the lower of amort­ised cost and net real­is­able value, which cor­responds to nom­inal value less pro­vi­sions for bad debts. Pro­vi­sions for bad debts are determ­ined on the basis of an indi­vidual assess­ment of each receiv­able. Pre­pay­ments com­prise costs incurred relat­ing to sub­sequent fin­an­cial years. Reserve for net revalu­a­tion accord­ing to equity method com­prise net revalu­a­tion in group enter­prises. The reserve is reduced by dividend dis­trib­uted to the Par­ent and adjus­ted for other equity move­ments in the group enter­prises. The reverse may be elim­in­ated with neg­at­ive retained earn­ings. The reserve is reduced or dis­solved when divest­ing the group enter­prises.Reserve for cur­rent value adjust­ments of cur­rency gains com­prise accu­mu­late exchange dif­fer­ences arising out of the trans­la­tion of for­eign entit­ies fin­an­cial state­ments from local cur­ren­cies to DKK as well as trans­la­tion of receiv­ables, which is con­sidered to be a part of the net invest­ments in the for­eign entit­ies, from local cur­ren­cies to DKK. At the point in time of dis­vest­ment of a for­eign entity, the accu­mu­late exchange dif­fer­ences recog­n­ised in the reserve are trans­ferred to the income state­ment together with the profit or loss on the dis­vest­ment. Deferred tax is meas­ured using the bal­ance sheet liab­il­ity method. Pro­vi­sion has been made for deferred tax by 22% on all tem­por­ary dif­fer­ences between car­ry­ing amount and tax-based value of assets and liab­il­it­ies. Deferred tax is also meas­ures with respect of the planned use of the asset and the set­tle­ment of the liab­il­ity. The tax value of the tax losses to be car­ried for­ward are included in the cal­cu­la­tion of deferred taxes if it is prob­able that the losses can be used. Deferred tax assets are meas­ured at net real­is­able value.The com­pany is Man­age­ment com­pany in a joint tax­a­tion with other Dan­ish group enter­prises. The tax effect of the joint tax­a­tion is alloc­ated among the group enter­prises in ratio to their tax­able income accord­ing to the rules on full alloc­a­tion with a refund for tax losses of the Dan­ish Cor­por­a­tion Tax Act. Cor­por­a­tion tax relat­ing to the fin­an­cial year which has not been settled at the bal­ance sheet date is to be clas­si­fied as cor­por­a­tion tax in receiv­ables or liab­il­it­ies other than pro­vi­sions. Joint tax con­tri­bu­tions between the jointly taxed com­pan­ies which have not been settled at the bal­ance sheet date are clas­si­fied as joint tax con­tri­bu­tions in receiv­ables or liab­il­it­ies other than pro­vi­sions. Pro­vi­sions are recog­n­ised when - as a con­sequence of an event occurred before or on the bal­ance sheet date - a legal or con­struct­ive oblig­a­tion exist and it is prob­able that eco­nomic bene­fits must be given up to settle the oblig­a­tion. Pro­vi­sions are meas­ured at net present value. Fin­an­cial debts are recog­n­ised ini­tially at the pro­ceeds received net of trans­ac­tion expenses incurred, which are dir­ectly related with the loan. In sub­sequent years, fin­an­cial debts are meas­ured at amort­ised cost equal to the cap­it­al­ised value using the effect­ive interest rate. The dif­fer­ence between the pro­ceeds and the nom­inal value is recog­n­ised in the income state­ment over the loan period.Fin­an­cial debts also include the cap­it­al­ised resid­ual oblig­a­tion on fin­ance leases. Short-term debts are meas­ured at amort­ised cost, sub­stan­tially cor­respond­ing to nom­inal value. The cash flow state­ment shows the com­pany's cash flows broken down by operat­ing, invest­ing and fin­an­cing activ­it­ies, changes for the year in cash and cash equi­valents as wells as cash and cash equi­valents at the begin­n­ing and end of the year. Cash flows from acquis­i­tions and divest­ments are shown sep­ar­ately under cash flows from invest­ing activ­it­ies. In the cash flow state­ment, cash flows regard­ing acquired com­pan­ies are recog­n­ised from the date of acquis­i­tion and cash flows from dives­ted com­pan­ies are recog­n­ised until the trans­fer date. Cash flows from operat­ing activ­it­ies are cal­cu­lated as the net profit/loss for the year adjus­ted for non-cash operat­ing items, fin­an­cial income and expenses paid, cor­por­a­tion taxes as well as increase and decrease in invent­or­ies, trade receiv­ables, trade pay­ables and other changes in assets and liab­il­it­ies other than pro­vi­sions deriv­ing from opera­tions. Cash flows from invest­ing activ­it­ies com­prise pay­ments in the year in con­nec­tion with acquis­i­tion and sale of fixed assets as well as pay­ments in con­nec­tion with acquis­i­tion and divest­ment of com­pan­ies. Cash flows from fin­an­cing activ­it­ies com­prise pay­ments in the year from incep­tion and repay­ment of long-term liab­il­it­ies other than pro­vi­sions as well as pay­ments made to and received from the share­holder's.Cash and cash equi­valents com­prise cash and operat­ing cred­its at credit insti­tu­tions included in the cash man­age­ment and are thus exposed to sig­ni­fic­ant changes in both pos­it­ive and neg­at­ive dir­ec­tions dur­ing the year. Fin­an­cial high­lights are defined and cal­cu­lated in accord­ance with the cur­rent ver­sion of "Recom­mend­a­tions & Ratios" issued by the CFA Soci­ety Den­mark. Fin­an­cial high­lights are cal­cu­lated on basis of the con­sol­id­ated fin­an­cial state­ments and the fin­an­cial state­ments, and no adjust­ments nor nor­m­al­isa­tions for ana­lysis pur­poses have been made unless expressed in the sec­tion of the fin­an­cial high­lights. The fin­an­cial high­lights are cal­cu­lated as fol­lows: Fin­an­cial high­lights Explan­a­tion Solvency ratio = Equity * 100/Total assets Return on equity = Profit/loss for the year * 100/Average equity 18359541 37028148 -129375 -112075 23373172 21168647 0 0 7302945 5830900 0 0 -12316576 10028601 -129375 -112075 0 0 -14957682 3906134 4661 2662 258973 477464 0 22769 0 0 5588655 5378873 327742 0 -17900570 4629621 -15155826 4271523 -3738473 1228371 28512 80345 -14162097 3401250 -15184338 4191178 28745199 30141549 0 0 17024962 18459495 0 0 45770161 48601044 0 0 0 0 19745461 34232475 2291408 3443391 0 0 2291408 3443391 19745461 34232475 48061569 52044435 19745461 34232475 26626280 19196364 0 0 1248536 4748629 0 0 24249037 15084151 0 0 13080685 2520065 0 0 65204538 41549209 0 0 11661931 28156311 0 0 0 0 1624369 8403673 1586049 228707 0 0 339000 0 339000 0 0 0 377703 0 576994 639158 0 0 14163974 29024176 2341072 8403673 3607257 4209810 5778 85015 82975769 74783195 2346850 8488688 131037338 126827630 22092311 42721163 125000 125000 125000 125000 0 0 0 12192475 -48513 17227 0 0 20900820 34689159 20852307 23844170 20977307 34831386 20977307 36161645 0 3833687 0 0 0 0 470668 0 0 3833687 470668 0 5618666 9348581 0 0 0 0 0 0 1340523 1377314 0 0 6959189 10725895 0 0 4491359 4560539 0 0 72450416 52049436 0 0 24035524 14588679 0 0 0 0 24497 1190 525339 4457847 525339 4540425 0 0 0 1965903 1598204 1780161 94500 52000 103100842 77436662 644336 6559518 110060031 88162557 644336 6559518 131037338 126827630 22092311 42721163  Con­trib­uted cap­italReserve for net revalu­a­tion accord­ing to equity methodRetained earn­ingsTotal DKKDKKDKKDKK     Equity at 1 Octo­ber 2023125.00027.764.5704.080.89731.970.467Dis­trib­uted profit/loss for the year -15.572.09519.763.2734.191.178Equity at 1 Octo­ber 2024125.00012.192.47523.844.17036.161.645Dis­trib­uted profit/loss for the year -12.192.475-2.991.863-15.184.338Equity at 30 Septem­ber 2025125.000020.852.30720.977.307 -15572095 -12192475       Con­trib­uted cap­italReserve for cur­rent value adjust­ments of cur­rency gainsRetained earn­ingsTotal DKKDKKDKKDKK     Equity at 1 Octo­ber 2023125.00046.32031.241.58931.412.909Exchange rate adjust­ments for the year  -29.09346.32017.227Dis­trib­uted profit/loss for the year  3.401.2503.401.250Equity at 1 Octo­ber 2024125.00017.22734.689.15934.831.386Exchange rate adjust­ments for the year  -65.7400-65.740Dis­trib­uted profit/loss for the year  -14.162.097-14.162.097Reversal of pre­vi­ous the years adjust­ments 0373.758373.758Equity at 30 Septem­ber 2025125.000-48.51320.900.82020.977.307 7302945 5830900 1837549 7030812 23655329 -2239940 16494380 -7859426 -9446845 -5038055 -929382 -236652 4661 2661 5588655 5378873 4366722 152891 -13615805 9915776 4844243 9360941 85000 175481 248983 59652 1400966 0 -3607260 -9245112 0 -1087000 3973090 3243427 36791 12347 0 0 -4009881 -4342774 -21232946 -3672110 229413 0 -68843159 -47839626 72450416 52049436 -68843159 -47839626       Group 2024/25Group 2023/24Par­ent 2024/25Par­ent 2023/24 DKKDKKDKKDKK     Wages and salar­ies19.244.17117.833.41100Pen­sions 2.166.2222.062.53000Other social secur­ity costs1.258.238628.96800Other staff cost704.541643.73800Total23.373.17221.168.64700     Average num­ber of full-time employ­ees393700     Refer­ring to sec­tion 98 b (3) of the Dan­ish Fin­an­cial State­ment Act, renu­mera­tion of the exec­ut­ive board and the board of dir­ect­ors have not been dis­closed. 19244171 17833411 0 0 2166222 2062530 0 0 1258238 628968 0 0 704541 643738 0 0 39 37 0 0     Group 2024/25Group 2023/24 DKKDKK   Depre­ci­a­tion of prop­erty, plant and equip­ment7.302.9455.830.899Total7.302.9455.830.899       Group 2024/25Group 2023/24Par­ent 2024/25Par­ent 2023/24 DKKDKKDKKDKK     Fin­an­cial income from group enter­prises00258.578477.125Other fin­an­cial income4.6612.662395339Total4.6612.662258.973477.464 0 0 258578 477125 4661 2662 395 339       Group 2024/25Group 2023/24Par­ent 2024/25Par­ent 2023/24 DKKDKKDKKDKK     Other fin­an­cial expenses5.588.6555.378.873327.7420Total5.588.6555.378.873327.7420 5588655 5378873 327742 0 -14162097 3401250 -2991863 19763273  Plant and machineryFix­tures, fit­t­ings, tools and equip­mentTotalGroup 2023/24 DKKDKKDKKDKK     Cost at 1 Octo­ber 202445.666.87936.652.38182.319.26073.664.693Exchange rate adjust­ments-312.688-100.660-413.348-490.476Addi­tions for the year1.515.4733.328.7704.844.2439.360.942Dis­pos­als for the year-231.675-8.606.938-8.838.613-215.899Cost at 30 Septem­ber 202546.637.98931.273.55377.911.54282.319.260     Depre­ci­a­tion and impair­ment losses at 1 Octo­ber 2024-15.525.333-18.192.883-33.718.216-28.011.737Exchange rate adjust­ments67.22250.973118.19597.231Depre­ci­a­tion for the year-2.589.326-4.713.619-7.302.945-5.830.899Reversal regard­ing dis­pos­als for the year154.6478.606.9388.761.58527.189Depre­ci­a­tion and impair­ment losses at 30 Septem­ber 2025-17.892.790-14.248.591-32.141.381-33.718.216     Car­ry­ing amount at 30 Septem­ber 202528.745.19917.024.96245.770.16148.601.044     Selling price, dis­pos­als85.000085.000175.481Car­ry­ing amount, dis­pos­als-77.0280-77.028-188.710Profit/loss on sale7.97207.972-13.229  Invest­ments in group enter­prisesTotalPar­ent 2023/24 DKKDKKDKK    Cost at 1 Octo­ber 202422.040.00022.040.00026.763.898Dis­pos­als for the year00-4.723.898Cost at 30 Septem­ber 202522.040.00022.040.00022.040.000    Revalu­a­tions at 1 Octo­ber 202412.192.47512.192.47527.764.570Revalu­a­tions for the year-14.487.014-14.487.0143.906.134Reversal regard­ing dis­pos­als for the year00-19.478.229Revalu­a­tions at 30 Septem­ber 2025-2.294.539-2.294.53912.192.475    Car­ry­ing amount at 30 Septem­ber 202519.745.46119.745.46134.232.475  Depos­itsTotalGroup 2023/24 DKKDKKDKK    Cost at 1 Octo­ber 20243.443.3913.443.3913.389.212Exchange rate adjust­ments00-5.473Addi­tions for the year248.983248.98359.652Dis­pos­als for the year-1.400.966-1.400.9660Cost at 30 Septem­ber 20252.291.4082.291.4083.443.391    Car­ry­ing amount at 30 Septem­ber 20252.291.4082.291.4083.443.391           Accord­ing to annual reportARB Holding ApS' share Equity interestCon­trib­uted cap­italProfit/loss for the yearEquityShare of profit/loss for the yearShare of equity   DKKDKKDKKDKK       Rose Holm A/S, Lynge100%2.000.000-15.104.55019.127.925-15.104.55019.127.925Rose Holm Inter­n­a­tional ApS, Lynge100%40.000718.237617.536718.237617.536Total    -14.386.31319.745.461Other adjust­ments    -571.3690Total    -14.957.68219.745.461       Recog­n­i­tion in bal­ance sheet:      Invest­ments in group enter­prises     19.745.461Total     19.745.461 ARB Holding ApS     Group 2024/25Group 2023/24 DKKDKK   Sub­scrip­tions156.3690Insur­ance and mem­ber­ship fee's170.693306.403Other pre­paid expenses249.932332.755Total576.994639.158     Group 30‑09‑2025Group 30‑09‑2024 DKKDKK   Liab­il­it­ies in total:  Lease com­mit­ments8.936.0309.348.581Pay­ables to own­ers and man­age­ment1.173.9950Other pay­ables1.340.5231.377.314Total11.450.54810.725.895   Cur­rent por­tion of non-cur­rent liab­il­it­ies:  Lease com­mit­ments3.317.3643.560.539Pay­ables to own­ers and man­age­ment1.173.9951.000.000Total4.491.3594.560.539   Due bey­ond 5 years after the bal­ance sheet date:  Other pay­ables1.340.5231.377.314Total1.340.5231.377.314    Group 2024/25 DKK  Unre­cog­n­ised deferred tax assets due to tax losses car­ried for­ward and tax depre­ci­a­tion below account­ing depre­ci­a­tion on fix­tures, fit­t­ings, tools and equip­ment363.456       Group 2024/25      Nom­inal value of the col­lat­eral/debtBooked value of assets depos­ited as secur­ity  DKK DKK     Float­ing charge registered to the mort­gagor in intan­gible assets, invent­or­ies and trade receiv­ables includ­ing other claims has been deposit as secur­ity for engage­ment with credit insti­tu­tion 64.000.000 62.030.169     Par­ent: Pledge in the com­pany's shares in group enter­prises has been depos­ited as secur­ity for the engage­ment with credit insti­tu­tion. The book value of the pledged assets amounts to T.DKK 19.128.     ARB Holding ApS are jointly taxed with other group com­pan­ies and are sev­erally liable for tax on the jointly taxed incomes etc. of the group. Moreover, the group com­pan­ies are jointly and sev­erally liable for Dan­ish with­hold­ing taxes by way of tax on interest, dividend tax and tax on roy­alty pay­ments. Any sub­sequent adjust­ments of cor­por­a­tion taxes and with­hold­ing taxes may increase the the com­pany's liab­il­ity. The par­ent com­pany has provided joint and sev­eral guar­an­tees for bank debt in group enter­prises. The group enter­prises com­pan­ies' bank debt amounts to a total of T.DKK. 72.450 as of 30 Septem­ber 2025   ARB Holding ApS Claim raised by a busi­ness part­ner alleging defect­ive deliv­ery, with an ini­tial claim of 21 mil­lion DKK (reduced to 15 mil­lion DKK after year-end), as well as an addi­tional claim of 5 mil­lion DKK relat­ing to goods not yet col­lec­ted and paid to sub­con­tractor. The claim is dis­puted by man­age­ment and is being nego­ti­ated with the busi­ness part­ner. The man­age­ment con­siders it likely that the mat­ter can be resolved by way of a set­tle­ment and/or partly by coverage from the Com­pany’s product liab­il­ity insur­ance. Part of the claim raised by the busi­ness part­ner is expec­ted to be passed on to a sub­con­tractor. As the man­age­ment is dis­put­ing the claim, and is expect­ing a set­tle­ment with lim­ited fin­an­cial con­sequence, no pro­vi­sions has been made in the fin­an­cial state­ment 2024-25. There is no par­ent com­pany for the entity, which is why the con­sol­id­ated fin­an­cial state­ments pre­pared for Arb Hold­ing ApS rep­res­ent both the largest and smal­lest group in which the com­pany is included through con­sol­id­a­tion.        Group 2024/25 DKK  The group has entered into rental com­mit­ment regard­ing rent of premises. The total com­mit­ment rep­res­ents33.661.344Total rental and lease oblig­a­tions33.661.344 In accord­ance with sec­tion 98(c)(7) of the Dan­ish Fin­an­cial State­ments Act no related party trans­ac­tions have been dis­closed as man­age­ment assess all trans­ac­tions have been car­ried out on an arm’s length basis. 7972 -13229 0 0 -4661 -2661 -5588655 -5378873 -3738473 581058 0 1037545 Revisionspåtegning 19263096 inforevision statsautoriseret revisionsaktieselskab Buddingevej 312 2860 Søborg 2026-03-31 2024-10-01 2025-09-30 2023-10-01 2024-09-30