36076011 2025-01-01 2025-12-31 36076011 2025-01-01 2025-12-31 memberOfBoardIdentifier_executive_board_1 36076011 2025-01-01 2025-12-31 memberOfBoardIdentifier_board_of_director_1 36076011 2025-01-01 2025-12-31 memberOfBoardIdentifier_board_of_director_2 36076011 2025-01-01 2025-12-31 memberOfBoardIdentifier_board_of_director_3 36076011 2025-01-01 2025-12-31 1 36076011 2024-01-01 2024-12-31 36076011 2025-12-31 36076011 2024-12-31 36076011 2025-01-01 fsa:ContributedCapitalMember 36076011 2025-01-01 fsa:RetainedEarningsMember 36076011 2025-01-01 fsa:ProposedDividendRecognisedInEquityMember 36076011 2025-01-01 36076011 2025-01-01 2025-12-31 fsa:ContributedCapitalMember 36076011 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 36076011 2025-01-01 2025-12-31 fsa:ProposedDividendRecognisedInEquityMember 36076011 2025-12-31 fsa:ContributedCapitalMember 36076011 2025-12-31 fsa:RetainedEarningsMember 36076011 2025-12-31 fsa:ProposedDividendRecognisedInEquityMember 36076011 2025-12-31 fsa:LongtermPayablesToGroupEnterprisesMember 36076011 2024-12-31 fsa:LongtermPayablesToGroupEnterprisesMember 36076011 2025-12-31 fsa:ShorttermPayablesToGroupEnterprisesMember 36076011 2024-12-31 fsa:ShorttermPayablesToGroupEnterprisesMember iso4217:DKK pure Årsrapport 33771231 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab Strandvejen 44 2900 Hellerup 2025-01-01 2024-01-01 2025-12-31 2024-12-31 Regnskabsklasse B Erklæring om udvidet gennemgang true 2026-03-16 Sami Erkki Karkkila The Executive Board and Board of Directors have today considered and adopted the Annual Report of Sofigate ApS for the financial year 1 January - 31 December 2025. The Annual Report is prepared in accordance with the Danish Financial Statements Act. In our opinion the Financial Statements give a true and fair view of the financial position at 31 December 2025 of the Company and of the results of the Company operations for 2025. We recommend that the Annual Report be adopted at the Annual General Meeting. Copenhagen East 2026-03-02 Virpi Johanna Hentunen Chief Executive Officer Sami Erkki Karkkila Sanna Siniketo Jari Tapani Raappana Chairman To the shareholder of Sofigate ApS Opinion We have performed an extended review of the Financial Statements of Sofigate ApS for the financial year 1 January - 31 December 2025, which comprise 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 the work performed, in our opinion, the Financial Statements give a true and fair view of the financial position of the Company at 31 December 2025 and of the results of the Company’s operations for the financial year 1 January - 31 December 2025 in accordance with the Danish Financial Statements Act. Basis for Opinion We conducted our extended review in accordance with the Danish Business Authority’s Assurance Standard for Small Enterprises and FSR – Danish Auditors’ standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the ”Practitioner’s responsibilities for the extended review of the Financial Statements” section of our report. We are independent of the Company 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 Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the Financial Statements unless Management either intends to liquidate the Company 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 in respect of our conclusion on the Financial Statements and, moreover, that we perform supplementary procedures specifically required to obtain additional assurance in respect of our conclusion.An extended review consists of making inquiries, primarily of Management and others within the enterprise, as appropriate, and applying analytical procedures and the supplementary procedures specifically required as well as assessing the evidence obtained. An extended review is less in scope than an audit and, consequently, we do not express an audit opinion on the Financial Statements. Hellerup 2026-03-02 PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab 33771231 Niels Henrik B. Mikkelsen State Authorised Public Accountant mne16675 Sofigate ApS Dampfærgevej 60 1850 Copenhagen East 36076011 Copenhagen Strandvejen 44 2900 Hellerup 29984756 27745571 19700907 17750241 212017 105623 10071832 9889707 16150 36686 339602 348075 9748380 9578318 2216663 -1029042 7531717 10607360 7500000 0 31717 10607360 179667 0 354773 156341 534440 156341 7498700 0 108455 232400 7607155 232400 8141595 388741 11977520 12163684 16478661 21347317 25488 1046693 8834 377274 28490503 34934968 28490503 34934968 36632098 35323709 50000 50000 21626359 21594643 7500000 0 29176359 21644643 0 2930915 0 2930915 0 204145 118508 352932 1369261 2066283 227458 17651 2845674 5722388 2894838 2384752 7455739 10748151 7455739 13679066 36632098 35323709 50000 21594642 0 21644642 0 31717 7500000 7531717 50000 21626359 7500000 29176359 The company's purpose is to perform IT consultancy and service. 18678599 16826900 971995 864768 29149 45870 21164 12703 19700907 17750241 20 20 58165 166675 4789 0 276648 181400 339602 348075 1195458 17651 1021205 -1046693 2216663 -1029042 Other receivables16,478,66121,347,31716,478,66121,347,317 Deferred tax asset at 1 January1,046,6930Amounts recognised in the income statement for the year-1,021,2051,046,693Deferred tax asset at 31 December25,4881,046,693 Payments due within 1 year are recognised in short-term debt. Other debt is recognised in long-term debt.The debt falls due for payment as specified below:Payables to group enterprises1,369,2614,997,198 0 0 0 2930915 0 2930915 1369261 2066283 Rental and lease obligationsLease obligations under operating leases. Total future lease payments:Within 1 year103,455577,966103,455577,966 Consolidated Financial StatementsThe Company is included in the Group Annual Report of the ultimate Parent Company:Sofigate Group OYFinland The Annual Report of Sofigate ApS for 2025 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B as well as selected rules applying to reporting class C.The accounting policies applied remain unchanged from last year.The Financial Statements for 2025 are presented in DKK. Recognition and measurementRevenues are 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. Translation policiesDanish kroner is used as the presentation currency. All other currencies are regarded as foreign currencies.Transactions in foreign currencies are translated at the exchange rates at the dates of transaction. Exchange differences arising due to differences between the transaction date rates and the rates at the dates of payment are recognised in financial income and expenses in the income statement.Receivables, payables and other monetary items in foreign currencies that have not been settled at the balance sheet date are translated at the exchange rates at the balance sheet date. Any differences between the exchange rates at the balance sheet date and the rates at the time when the receivable or the debt arose are recognised in financial income and expenses in the income statement.Fixed assets acquired in foreign currencies are measured at the transaction date rates. RevenueServices are recognised at the rate of completion of the service to which the contract relates by using the percentage-of-completion method, which means that revenue equals the selling price of the service completed for the year. This method is applied when total revenues and expenses in respect of the service and the stage of completion at the balance sheet date can be measured reliably, and it is probable that the economic benefits, including payments, will flow to the Company. The stage of completion is determined on the basis of the ratio between the expenses incurred and the total expected expenses of the service.Revenue is measured at the consideration received and is recognised exclusive of VAT and net of discounts relating to sales. Direct expensesDirect expenses comprise all costs associated with supporting and delivering service to achieve revenue for the year. Other external expensesOther external expenses comprise indirect production costs and expenses for premises, sales as well as office expenses, etc. Gross profitWith reference to section 32 of the Danish Financial Statements Act, gross profit/loss is calculated as a summary of revenue, direct expenses and other external expenses. Staff costs include wages and salaries including compensated absence and pensions as well as other social security contributions etc. made to the entity's employees. The item is net of refunds made by public authorities. Amortisation, depreciation and impairment lossesAmortisation, depreciation and impairment losses comprise depreciation and impairment of property, plant and equipment. Financial income and expenses are recognised in the income statement at the amounts relating to the financial year. Tax on profit/loss for the yearTax for the year consists of current tax for the year and deferred tax for the year. The tax attributable to the profit for year is recognised in the income statement, whereas the tax attributable to equity transactions is recognised directly in equity. Property, plant and equipment are measured at cost less accumulated depreciation and less any accumulated impairment losses.Cost comprises the cost of acquisition and expenses directly related to the acquisition up until the time when the asset is ready for use. Depreciation based on cost reduced by any residual value is calculated on a straight-line basis over the expected useful lives of the assets, which are:Other fixtures and fittings, tools and equipment3 years The fixed assets’ residual values are determined at nil. Impairment of fixed assetsThe carrying amounts of property, plant and equipment and investments are reviewed on an annual basis to determine whether there is any indication of impairment other than that expressed by depreciation.If so, the asset is written down to its lower recoverable amount. Other fixed asset investments consist of deposits. 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. PrepaymentsPrepayments comprise prepaid expenses concerning rent, insurance premiums, subscriptions and interest, etc. Deferred tax assets and liabilitiesDeferred income tax is measured using the balance sheet liability method in respect of temporary differences arising between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes on the basis of the intended use of the asset and settlement of the liability, respectively.Deferred tax assets, including the tax base of tax loss carry-forwards, are measured at the value at which the asset is expected to be realised, either by elimination in tax on future earnings or by set-off against deferred tax liabilities within the same legal tax entity.Deferred tax is measured on the basis of the tax rules and tax rates that will be effective under the legislation at the balance sheet date when the deferred tax is expected to crystallise as current tax. Any changes in deferred tax due to changes to tax rates are recognised in the income statement or in equity if the deferred tax relates to items recognised in equity. Current tax receivables and liabilitiesCurrent tax receivables and liabilities are recognised in the balance sheet at the amount calculated on the basis of the expected taxable income for the year adjusted for tax on taxable incomes for prior years. Tax receivables and liabilities are offset if there is a legally enforceable right of set-off and an intention to settle on a net basis or simultaneously. Debts are measured at amortised cost, substantially corresponding to nominal value. Deferred incomeDeferred income comprises payments received in respect of income in subsequent years.