45654869 2025-05-30 2025-12-31 45654869 2025-05-30 2025-12-31 0 45654869 2025-12-31 45654869 2025-05-30 2025-12-31 fsa:ContributedCapitalMember 45654869 2025-05-30 2025-12-31 fsa:RetainedEarningsMember 45654869 2025-12-31 fsa:ContributedCapitalMember 45654869 2025-12-31 fsa:RetainedEarningsMember xbrli:pure iso4217:DKK 25014855 TMF Denmark A/S H.C. Andersens Boulevard 38, 3. th 1553 København V Ingen bistand Årsrapport Regnskabsklasse B 2025-05-30 2025-12-31 false 0 SAA PartnerCo ApS C/O Svalner Atlas Denmark ApSHavnegade 39C/O Svalner Atlas Denmark ApSHavnegade 39 1058 København K 45654869 1 2026-04-20 Poul Erik Lytken Today, Management has considered and adopted the Annual Report of SAA PartnerCo ApS for the financial period 30 May 2025 - 31 December 2025. The Annual Report is presented in accordance with the Danish Financial Statements Act. In our opinion, the Financial Statements give a true and fair view of the assets, liabilities and financial position of the Company at 31 December 2025 and of the results of the Company's operations for the financial period 30 May 2025 - 31 December 2025. In our opinion, the Management's Review includes a true and fair account of the matters addressed in the review. The conditions for not conducting an audit of the Financial Statement have been met. We recommend that the Annual Report be adopted at the Annual General Meeting. Copenhagen 2026-04-20 Poul Erik Lytken Director SAA PartnerCo ApS 1058 København K 45654869 2025-05-30 København K 2025-05-30 2025-12-31 The Company's principal activitiesThe Company's principal activities is to act as holding company and related entity. Development in activities and the financial situationThe Company's Income Statement of the financial period 30 May 2025 - 31 December 2025 shows a result of DKK -35.000 and the Balance Sheet at 31 December 2025 a balance sheet total of DKK 20.000 and an equity of DKK -15.000. Post financial year eventsAfter the end of the financial year, a capital increase was resolved and completed in March 2026. As a result, the equity of the Company has been restored. Apart from this, no events have occurred after the end of the financial year that materially affect the financial position of the Company. The annual report of SAA PartnerCo ApS for 2025 has been presented in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B, with the adoption of individual rules from class C. As the financial year 2025 is the Company's first financial year, the Financial Statements with associated notes have been prepared without comparative figures from the previous year. Uncertainty regarding the going concernThe financial statements have been prepared on the assumption that the Company will continue as a going concern. During the financial period, the Company incurred a loss and has not yet generated positive cash flows from its operations.Management has assessed the Company's financial position, future budgeted performance, and available funding arrangements. Subsequent to the end of the financial year, a capital increase was resolved and completed in March 2026, after which the equity of the Company has been restored and the Company has sufficient liquidity to meet its obligations as they fall due.On this basis, management believes that the going concern assumption remains appropriate. Accordingly, the financial statements do not include any adjustments that may arise if the Company were unable to continue as a going concern. Basis of recognition and measurementThe financial statement have been prepared under the historical cost principle.Assets are recognised in the balance sheet when it is probable that future economic benefits attributable to the asset will accrue 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 attributable to the asset will flow out of the Company, and the value of the liability can be measured reliably. At initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each item below. Income statement Gross profit/lossThe Company has decided to aggregate certain items of the income statement in accordance with the provisions of Section 32 of the Danish Financial Statements Act.Gross profit is a combination of the items of revenue, change in inventories of finished goods, work in progress and goods for resale, other operating income, costs for raw materials and consumables and other external expenses. Other external expensesOther external expenses include expenses for distribution, sales, advertising, administration, premises, bad debts, operating leasing expenses etc. Balance sheet Long term investments and receivables Equity investments in group enterprises and associates are measured at cost. Dividends that exceed accumulated earnings of the group enterprise or the associate during the ownership period are treated as a reduction of the cost. If cost exceeds the net realizable value, a write-down to this lower value will be performed. ReceivablesReceivables are measured at amortized cost which usually corresponds to the nominal value. The value is reduced by write-downs for expected bad debts. Cash and cash equivalentsCash and cash equivalents comprise cash at bank and in hand as well as short-term securities with a term of less than three months which can be converted directly into cash at bank and in hand and involve only an insignificant risk of value changes. EquityEquity comprises the working capital and a number of equity items that may be statutory or stipulated in the articles of association. Other payablesOther payables are measured at amortized cost, which usually corresponds to the nominal value. -35000 -35000 -35000 35000 4000 4000 4000 16000 16000 16000 20000 20000 -35000 -15000 35000 35000 35000 20000 20000 0 0 -35000 20000 -35000 1. Employee benefits expenseAverage number of employees1 1 2. Long-term investments in associatesAddition during the year4.000Cost at the end of the year4.000Carrying amount at the end of the year4.000 3. Material Uncertainty Related to Going ConcernThe Company has incurred a net loss for the financial period and recorded negative equity. These circumstances indicate the existence of material uncertainty that may cas significant doubt on the Company's ability to continue as a going concern.However, based on budgets and cash flow forecasts prepared for the next 12 months, management expects that sufficient financial resources will be available to support the Company’s operations. In addition, subsequent to the end of the financial year, a capital increase was completed in March 2026, which restored the equity of the Company and provides the nessecary funding to enable the Company to meet its obligations as they fall due.On this basis, the financial statements have been prepared under the going concern assumption. Nevertheless, if the Company is unable to implement the planned measures or obtain the required financing, material uncertainty may remain regarding the Company’s ability to continue as a going concern.5. Related PartyThe Company has related party transactions with an associated entity.No material transactions took place with related parties during the financial year other than balances arising from normal business activities.At the balance sheet date, the Company had receivables from Svalner Atlas Holdings ApS amounting to DKK 16,000. These receivables relate to short-term funding and cost recharges. All balances are unsecured, interest-free, and have no fixed repayment terms. 4. Other payablesAccrued expenses35.00035.000