40335501 2025-01-01 2025-12-31 40335501 2025-01-01 2025-12-31 0 40335501 2025-01-01 2025-12-31 1 40335501 2025-01-01 2025-12-31 2 40335501 2025-01-01 2025-12-31 0 40335501 2025-01-01 2025-12-31 0 40335501 2025-01-01 2025-12-31 1 40335501 2024-01-01 2024-12-31 40335501 2025-12-31 40335501 2024-12-31 iso4217:DKK xbrli:pure 2025-01-01 Regnskabsklasse B Årsrapport 24620417 Ziton A/S Bygholm Søpark 21 E 8700 Horsens xWizard version 1.1.1511.0, by EasyX Aps. www.easyx.eu 2024-01-01 2024-12-31 Den uafhængige revisors erklæring Grundlag for konklusion Konklusion 40335501 Bygholm Soepark 21E, 8700 HorsensHorsens, Denmark 2026-04-30 Rasmus Mühlebach Hangout A/S Bygholm Søpark 21 E 8700 Horsens +45 87 44 44 00 www.ZITON.eu 40335501 2019-03-05 Thorsten Henrik Jalk Chairman Rasmus Mühlebach John Hjort Pernille Fløjgaard PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab Herredsvej 32 7100 Vejle Management Statement   Today, the board of directors and management have discussed and approved the Annual Report of   Hangout A/S for the period 1 January - 31 December 2025.The Annual Report has been prepared in accordance with the Danish Financial Statements Act.   In our opinion, the Financial Statements give a true and fair view of the Company's financial position   on 31 December 2025 and of the results of the Company's operations for the financial year 1 January -   31 December 2025.   In our opinion, the Management Commentary includes a fair view of the matters dealt with in the   commentary.   2025-12-31 We recommend that the Annual Report be approved at the annual general meeting. Horsens 2026-04-30 Pernille Fløjgaard Thorsten Henrik Jalk Chairman Rasmus Mühlebach John Hjort Independent Auditor's Report INDEPENDENT AUDITOR’S REPORT To the shareholders of Hangout A/S Opinion   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.   We have audited the Financial Statements of Hangout A/S 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”).   Basis for Opinion   We conducted our audit in accordance with International Standards on Auditing (ISAs) and the   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 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 audit evidence we have obtained is sufficient and appropriate to provide   a basis for our opinion.   Statement on Management’s Review   Management is responsible for Management’s Review.   Our opinion on 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 Financial Statements, our responsibility is to read Management’s   Review and, in doing so, consider whether Management’s Review is materially inconsistent with 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 Financial Statements Act.   Based on the work we have performed, in our view, Management’s Review 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 in Management’s Review.   Management’s responsibilities for the Financial Statements   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.   Auditor’s responsibilities for the audit of the Financial Statements   Our 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 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 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 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 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 Company to cease to   continue as a going concern.   • Evaluate the overall presentation, structure and contents of the Financial Statements, including   the disclosures, 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.   Trekantsområdet 2026-04-30 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab 33771231 33771231 Bo Schou-Jacobsen Lasse Berg State Authorised Public Accountant mne28703 State Authorised Public Accountant mne35811 Management Commentary Principal activities   The Company did not engage in any activities during the year.   Development in activities and financial position   The result for the year is a loss of 62k DKK and is considered dissatisfactory.   Going concern   The company has lost its share capital. Equity as at 31 December 2025 is negative with 0.4 mill DKK.   The shareholders have issued a letter of support confirming that the necessary liquidity will be made   available until a decision regarding the re-establishment of the company capital has been made.   On that basis, the management submits the annual accounts under the assumption of going concern.   Significant events after 31 December 2025   No significant events have been identified after the balance sheet date, which could affect the 2025   annual report.   -76000 -172000 0 -76000 -14000 1147000 -1319000 68000 -62000 -1387000 -62000 -1387000 -62000 -1387000 0 0 0 0 10000 10000 10000 10000 10000 10000 0 18000 18000 172000 17000 189000 12000 29000 39000 2000 191000 201000 574000 574000 -985000 -923000 -411000 -349000 196000 25000 290000 30000 230000 451000 230000 550000 451000 39000 550000 201000 Statement of change in equity   Share   Retained   Total   capital   earnings   DKK´000   DKK´000   DKK´000   Equity 1 January 2025   574   -923   -349   Profit for the year   -62   -62   Equity 31 December 2025   574   -985   -411   Notes to the financial statements   1 Information on going concern   The company has lost its share capital. Equity as at 31 December 2025 is negative with 0.4 mill DKK.   The shareholders have issued a letter of support confirming that the necessary liquidity will be made   available until a decision regarding the re-establishment of the company capital has been made.   On that basis, the management submits the annual accounts under the assumption of going concern.   2 Special items   Special items include significant income and expenses of a special nature relative to the enterprise's   ordinary operating activities, such as the cost of extensive structuring of processes and fundamental   structural adjustments and any related gains on disposal and losses which, over time, have a significant   impact. Special items also include other significant amounts of a non-recurring nature.   Special items are specified below, indicating where they are recognised in the income statement.   2025   2024   DKK´000   DKK´000   Costs:   Write off of patent costs   - 50   Impairment of intangible and tangible fixed assets   - 858   Write down of deferred tax asset   - 275   - 1.133   Special items are recognised in the following headings in the income statement:   Gross profit   - 50   Depreciations and impairments   - 858   Tax on profit   - 275   Effect of special items, net   - 1.133   3 Tax on profit for the year   Income tax for the year   - -172   Change in provision for deferred tax   - 275   Change regarding previous years   -14   -35   -14   68   Notes to the financial statements   4 Intangible assets   Total   DKK´000   Cost 1 January 2025   489   Addition during the year   - Cost 31 December 2025   489   Depreciation 1 January 2025   489   Impairments during the year   - Depreciation during the year   - Impairment and depreciation 31 December 2025   489   Carrying amount at 31 December 2025   - 5 Tangible fixed assets   Total   DKK´000   Cost 1 January 2025   3.985   Addition during the year   - Cost 31 December 2025   3.985   Depreciation 1 January 2025   3.975   Impairments during the year   - Depreciation during the year   0 Depreciation 31 December 2025   3.975   Carrying amount at 31 December 2025   10   Notes to the financial statements   6 Contingencies, etc.   The company is liable jointly and severally with MEIF 7 Wind Services Investments ApS and the   other companies in the jointly taxed group for tax on the group's jointly taxed income and for   potential withholding taxes, such as dividend tax and royalty tax.   The company partcipates in the national joint taxation scheme with MEIF 7 Wind Services   Investments ApS, Business reg. no. 45 05 80 50, which is the administration company for the joint   taxation.   7 Related parties and ownership   The financial statements for Hangout A/S for 2025 are consolidated in the consolidated financial   statements of ZITON A/S as the smallest group, and the consolidated financial statements of MEIF 7   Wind Services Investments ApS (registered office: Horsens, Denmark) as the largest group.   8 Employees   Number of employees in 2025 is in average 1 (2024;1) All administration activities of the company are carried out by it's parent company ZITON A/S.   1 Accounting Policies   The annual report of Hangout A/S for 2025 has been presented in accordance with the provisions of   the Danish Financial Statements Act for enterprises in accounting class B with some additions from   accounting class C.   The annual report is prepared consistently with the accounting principles used last year.   The financial statements for 2025 are presented in TDKK.   INCOME STATEMENT Other external costs   Other external costs include costs retating to administration and similar expenses.   Gross profit   In the income statement, other external costs are, with reference to section 32 of the Danish Financial   Statements Act, combined into a single financial item referred to as gross profit.   Financial income and expenses in general   Financial income and expenses include interest income and expenses, realised and unrealised gains   and losses arising from investments in financial assets, debt and transactions in foreign currencies,   amortisation of financial assets and liabilities as well as charges and allowances under the tax-on-   account scheme etc. Financial income and expenses are recognised in the income statement with   the amounts that relate to the financial year.   Tax   The tax for the year, which consists of the current tax for the year and changes in deferred tax, is   recognised in the income statement by the portion, that can be attributed to the profit for the year,   and is recognised directly in the equity by the portion, that can be attributed to entries directly to the   equity.   The company is jointly taxed with Danish group enterprises. The current Danish corporation tax is   distributed between the jointly taxed Danish companies in proportion to their taxable income, and   with full distribution with refund regarding taxable losses. The jointly taxed companies are included in   the tax-on-account scheme.   BALANCE SHEET Patent rights   Intangible assets such as Patent rights are measured at cost less accumulated depreciation and   writedowns.   The depreciation base is cost less estimated residual value after end of useful life.   The cost includes the acquisition price, costs incurred directly in connection with the acquisition until   the time, when the asset is ready to be used.   Straight-line depreciation is provided on the basis of an assessment of the expected useful lives of   the assets and their residual value.   Useful life   Residual value   Patent rights   7 - 15 years   0%   Profit or loss on disposal of intangible assets is stated as the difference between the sales price less   selling costs and the carrying amount at the time of sale. Profit or loss is recognised in the income   statement as other operating income or other operating expenses.   Writedown on intangible assets   The carrying amount of intangible assets is reviewed annually to determine, if there is any indication   of impairment in excess of the amount reflected by normal amortisation or depreciation. If this is the   case, write-down should be made to the lower recoverable amount.   Fixtures and equipment   Fixtures and equipment are measured at cost less accumulated depreciation and writedowns.   The depreciation base is cost less estimated residual value after end of useful life.   The cost includes the acquisition price, costs incurred directly in connection with the acquisition until   the time, when the asset is ready to be used and interest expenses. As regards selfmanufactured   assets, the cost price includes cost of materials, components,subcontractors, direct payroll and   indirect production costs.   Straight-line depreciation is provided on the basis of an assessment of the expected useful lives of   the assets and their residual value.   Useful life   Residual value   Fixtures and equipment   7 - 15 years   0%   Profit or loss on disposal of tangible fixed assets is stated as the difference between the sales price   less selling costs and the carrying amount at the time of sale. Profit or loss is recognised in the   income statement as other operating income or other operating expenses.   Writedown on tangible assets   The carrying amount of tangible fixed assets is reviewed annually to determine, if there is any   indication of impairment in excess of the amount reflected by normal amortisation or depreciation. If   this is the case, write-down should be made to the lower recoverable amount.   Accounts receivable   Accounts receivable are measured at amortised cost which usually corresponds to nominal value. The   value is reduced by write-down to meet expected losses.   Accruals, assets   Accruals recognised as assets include costs incurred relating to the subsequent financial year.   Tax payable and deferred tax   Current tax liabilities and receivable current tax are recognised in the balance sheet as the calculated   tax on the taxable income for the year adjusted for tax on the taxable income for previous years and   taxes paid on account.   Deferred tax is measured on the temporary differences between the carrying amount and the tax   value of assets and liabilities.   Deferred tax assets, including the tax value of tax loss carry-forwards, are measured at the expected   realisable value of the asset, either by set-off against tax on future earnings or by set-off against   deferred tax liabilities within the same legal tax unit.   Deferred tax is measured on the basis of the tax rules and tax rates that under the legislation in force   on the balance sheet date would be applicable, when the deferred tax is expected to crystallise as   current tax. The tax rate applied for the current year is 22 %.   Liabilities   Financial liabilities are recognised at the time of borrowing by the amount of proceeds received less   borrowing costs. In subsequent periods, the financial liabilities are measured at amortised cost equal   to the capitalised value when using the effective interest, the difference between the proceeds and   the nominal value being recognised in the income statement over the term of loan.   Amortised cost of liabilities corresponds to nominal value.