45200396 2024-11-11 2025-12-31 45200396 2024-11-11 2025-12-31 0 45200396 2025-12-31 45200396 2024-11-11 fsa:ContributedCapitalMember 45200396 2024-11-11 fsa:RetainedEarningsMember 45200396 2024-11-11 45200396 2024-11-11 2025-12-31 fsa:ContributedCapitalMember 45200396 2024-11-11 2025-12-31 fsa:RetainedEarningsMember 45200396 2025-12-31 fsa:ContributedCapitalMember 45200396 2025-12-31 fsa:RetainedEarningsMember iso4217:EUR Annual report 2026-04-15 Jasmin Bejdic Vemmelev BESS ApS Bag Elefanterne 1 st th 1799 København V 45200396 2024-11-11 2025-12-31 <p xmlns="http://www.w3.org/1999/xhtml">Management has today considered and approved the annual report for the financial year 11. November 2024 - 31. December 2025 for Vemmelev BESS ApS. <br/> <br/> The annual report is presented in accordance with the Danish Financial Statements Act. <br/> <br/> Management believes that the financial statements give a true and fair view of the company's assets, liabilities and financial position and of the result. <br/> <br/> The annual report is submitted for approval by the General Assembly.</p> Management considers the conditions for opting out of audit to be met. Copenhagen 2026-04-15 Jasmin Bejdic <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Key activities</strong> <br/> The company’s purpose is direct or through subsidiaries to development, build and/or sell all <br/> types of renewable energy.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Development in the year</strong> <br/> The income statement of the Company for 2025 shows a loss of EUR 9,369 and at 31 <br/> December 2025 the balance sheet of the Company shows equity of EUR -4,006.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Unusual events</strong> <br/> The financial position at 31 December 2025 of the Company and the results of the activities of <br/> the Company for the financial year for 2025 have not been affected by any unusual events.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Subsequent events</strong> <br/> After the end of the financial year, no events have occurred that could materially affect the <br/> company's financial position.</p> The annual report has been prepared in accordance with the regulation applying to Reporting class B.<br xmlns="http://www.w3.org/1999/xhtml"/>There have been options of certain rules in reporting class C.<br xmlns="http://www.w3.org/1999/xhtml"/> Reporting class B <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Recognition and measurement</strong> <br/> Revenues are recognized in the income statement as earned. Furthermore, value adjustments of <br/> financial assets and liabilities measured at fair value or amortized cost are recognized. Moreover, <br/> all expenses incurred to achieve the earnings for the year are recognized in the income <br/> statement, including depreciation, amortization, impairment losses and provisions as well as <br/> reversals due to changed accounting estimates of amounts that have previously been recognized <br/> in the income statement.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> Assets are recognized in the balance sheet when it is probable that future economic benefits <br/> attributable to the asset will flow to the Company, and the value of the asset can be measured <br/> reliably.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> Liabilities are recognized in the balance sheet when it is probable that future economic benefits <br/> will flow out of the Company, and the value of the liability can be measured reliably. <br/> Recognition and measurement take into account predictable losses and risks occurring before <br/> the presentation of the Annual Report which confirm or invalidate affairs and conditions existing <br/> at the balance sheet date.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Translation policies</strong> <br/> Transactions in foreign currencies are translated at the exchange rates at the dates of <br/> transaction. Exchange differences arising due to differences between the transaction date rates <br/> and the rates at the dates of payment are recognized in financial income and expenses in the <br/> income statement. Where foreign exchange transactions are considered hedging of future cash <br/> flows, the value adjustments are recognized directly in equity.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> Receivables, payables and other monetary items in foreign currencies that have not been settled <br/> at the balance sheet date are translated at the exchange rates at the balance sheet date. Any <br/> differences between the exchange rates at the balance sheet date and the rates at the time when <br/> the receivable or the debt arose are recognized in financial income and expenses in the income <br/> statement.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Income Statement <br/> Revenue</strong> <br/> Revenue is measured at the consideration received and is recognized exclusive of VAT.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Other external expenses</strong> <br/> Other external expenses comprise legal, audit and bank fees, etc.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Financial income and expenses</strong></p> <p xmlns="http://www.w3.org/1999/xhtml">Financial income and expenses are recognized in the income statement at the amounts relating <br/> to the financial year.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Tax on profit/loss for the year</strong> <br/> Tax for the year consists of current tax for the year and changes in deferred tax for the year. The <br/> tax attributable to the profit for the year is recognized in the income statement, whereas the tax <br/> attributable to equity transactions is recognized directly in equity. <br/> The Company is part of a joint taxation with all Danish Group Companies. The tax effect of the <br/> joint taxation is allocated to enterprises in proportion to their taxable incomes.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Balance Sheet <br/> Fixed asset investments</strong> <br/> Investment in subsidiaries are reconized under the equity accounting method. On acquisition of <br/> an investment in an associate or jointly controlled entity, any difference (whether positive or <br/> negative) between the cost of acquisition and the investor’s share of the fair values of the net <br/> identifiable assets of the associate results in notional fair value adjustments, including <br/> intangibles, and notional goodwill.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Receivables</strong> <br/> Receivables are measured in the balance sheet at the lower of amortized cost and net realizable <br/> value, which corresponds to nominal value less provisions for bad debts.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Deferred tax assets and liabilities</strong> <br/> Deferred income tax is measured using the balance sheet liability method in respect of <br/> temporary differences arising between the tax bases of assets and liabilities and their carrying <br/> amounts for financial reporting purposes on the basis of the intended use of the asset and <br/> settlement of the liability, respectively.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> Deferred tax assets are measured at the value at which the asset is expected to be realized, <br/> either by elimination in tax on future earnings or by set-off against deferred tax liabilities within <br/> the same legal tax entity.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> Deferred tax is measured on the basis of the tax rules and tax rates that will be effective under <br/> the legislation at the balance sheet date when the deferred tax is expected to crystallize as <br/> current tax. Any changes in deferred tax due to changes to tax rates are recognized in the income <br/> statement or in equity if the deferred tax relates to items recognized in equity.</p> <p xmlns="http://www.w3.org/1999/xhtml"> <br/> <strong>Financial debts</strong> <br/> Other debts are measured at amortized cost, substantially corresponding to nominal value.</p> 0 6551 -6551 -6551 456 5853 -11948 -2579 -9369 -9369 -9369 5223521 5223521 753489 753489 204114 6181124 6181124 5363 -9369 -4006 483563 1117363 216627 4367577 6185130 6185130 6181124 5363 0 5363 0 -9369 -9369 5363 -9369 -4006 <p xmlns="http://www.w3.org/1999/xhtml"> <strong>Other contingent liabilities</strong> <br/> The group companies are jointly and severally liable for tax on the jointly taxed incomes <br/> etc of the Group. The total amount of corporation tax payable is disclosed in the Annual <br/> Report of Copenhagen Energy A/S, which is the management company of the joint <br/> taxation purposes. Moreover, the group companies are jointly and severally liable for <br/> Danish withholding taxes by way of dividend tax, tax on royalty payments and tax on <br/> unearned income. Any subsequent adjustments of corporation taxes and withholding <br/> taxes may increase the Company’s liability.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <h3 xmlns="http://www.w3.org/1999/xhtml">Ownership</h3> <p xmlns="http://www.w3.org/1999/xhtml">The company has registered the following shareholders holding more than 5% of the <br/> voting rights or nominal value: <br/> Copenhagen Energy A/S, Bag Elefanterne 1, st.th., 1799 Copenhagen V.</p> <h3 xmlns="http://www.w3.org/1999/xhtml">Group relations</h3> <p xmlns="http://www.w3.org/1999/xhtml">The Company is included in the consolidated financial statements of: <br/> Copenhagen Energy A/S <br/> Bag Elefanterne 1, st. th. <br/> 1799 Copenhagen V. <br/> CVR-no. 41529733.</p> <table xmlns="http://www.w3.org/1999/xhtml" class="incomeStatement" style="border:0; margin-bottom: 20px;"> <thead> <tr class="header1"> <th class="col1"/> <th class="col2"/> <th class="col3">2024/25</th> </tr> </thead> <tbody> <tr> <td class="col1 dotted"> <span> Average number of employees </span> </td> <td class="col2"> </td> <td class="col3"> 0 </td> <td class="col4 lastyear"> </td> </tr> </tbody> </table> 0 false false true Erhvervsstyrelsen Regnskab Basis No audit assistance Jasmin Bejdic Bag Elefanterne 1st. th 1799 Copenhagen