25289846 2025-01-01 2025-12-31 2 25289846 2025-01-01 2025-12-31 3 25289846 2025-01-01 2025-12-31 1 25289846 2025-01-01 2025-12-31 2 25289846 2025-01-01 2025-12-31 3 25289846 2025-01-01 2025-12-31 25289846 2025-01-01 2025-12-31 1 25289846 2024-01-01 2024-12-31 25289846 2025-12-31 25289846 2024-12-31 25289846 2025-01-01 25289846 2024-01-01 25289846 2025-01-01 e:FixturesFittingsToolsAndEquipmentMember 25289846 2025-01-01 2025-12-31 e:FixturesFittingsToolsAndEquipmentMember 25289846 2025-12-31 e:FixturesFittingsToolsAndEquipmentMember 25289846 2025-01-01 e:PropertyPlantAndEquipmentInProgressAndPrepaymentsForPropertyPlantAndEquipmentMember 25289846 2025-01-01 2025-12-31 e:PropertyPlantAndEquipmentInProgressAndPrepaymentsForPropertyPlantAndEquipmentMember 25289846 2025-12-31 e:PropertyPlantAndEquipmentInProgressAndPrepaymentsForPropertyPlantAndEquipmentMember 25289846 2025-01-01 e:OtherReceivablesMember 25289846 2025-01-01 2025-12-31 e:OtherReceivablesMember 25289846 2025-12-31 e:OtherReceivablesMember 25289846 2025-01-01 e:ContributedCapitalMember 25289846 2024-01-01 e:ContributedCapitalMember 25289846 2025-12-31 e:ContributedCapitalMember 25289846 2024-12-31 e:ContributedCapitalMember 25289846 2025-01-01 e:RetainedEarningsMember 25289846 2024-01-01 e:RetainedEarningsMember 25289846 2025-01-01 2025-12-31 e:RetainedEarningsMember 25289846 2024-01-01 2024-12-31 e:RetainedEarningsMember 25289846 2025-12-31 e:RetainedEarningsMember 25289846 2024-12-31 e:RetainedEarningsMember 25289846 2025-01-01 2025-12-31 1 25289846 2023-01-01 2023-12-31 25289846 2022-01-01 2022-12-31 25289846 2021-01-01 2021-12-31 25289846 2023-12-31 25289846 2022-12-31 25289846 2021-12-31 25289846 2025-01-01 2025-12-31 0 25289846 2024-01-01 2024-12-31 0 25289846 2023-01-01 2023-12-31 0 25289846 2022-01-01 2022-12-31 0 25289846 2021-01-01 2021-12-31 0 25289846 2025-01-01 2025-12-31 12 25289846 2024-01-01 2024-12-31 12 25289846 2023-01-01 2023-12-31 12 25289846 2022-01-01 2022-12-31 12 25289846 2021-01-01 2021-12-31 12 25289846 2025-01-01 2025-12-31 1 25289846 2024-01-01 2024-12-31 1 25289846 2023-01-01 2023-12-31 1 25289846 2022-01-01 2022-12-31 1 25289846 2021-01-01 2021-12-31 1 iso4217:DKK xbrli:pure Årsrapport 34209936 Grant Thornton, Godkendt Revisionspartnerselskab Lautrupsgade, 11 2100, København Ø 2024-01-01 2024-12-31 2025-01-01 2025-12-31 25289846 Biltema Danmark A/S Japanvej 18 4200 Slagelse Slagelse Grant Thornton, Godkendt Revisionspartnerselskab 34209936 Kim Kjellberg statsautoriseret revisor mne29452 Lautrupsgade 11 2100 København Ø Danmark +45 33 110 220 info@dk.gt.com 2026-04-29 Laurie Jensen Regnskabsklasse C, stor virksomhed Revisionspåtegning Ja CaseWare fra Revisorgruppen Danmark kapitalejerne København 2026-04-29 Slagelse 2026-04-29 Grundlag for konklusion Konklusion De i hoved- og nøgletalsoversigten anførte nøgletal er beregnet således:Bruttomargin Bruttoresultat x 100 / NettoomsætningOverskudsgrad (EBIT-margin) Resultat af primær drift (EBIT) x 100 / NettoomsætningLikviditetsgrad     Omsætningsaktiver x 100     / Kortfristede gældsforpligtelserSoliditetsgrad Egenkapital ultimo x 100 / Aktiver i alt ultimoEgenkapitalforrentning       Årets resultat x 100       / Gennemsnitlig egenkapitalAfkastningsgrad Resultat af primær drift (EBIT) x 100 / Gennemsnitlige aktiver The key figures appearing from the survey have been calculated as follows:Gross margin ratio Gross profit x 100 / RevenueProfit margin (EBIT margin) Operating profit or loss (EBIT) x 100 / RevenueAcid test ratio                  Current assets x 100                 / Short term liabilities other than provisionsSolvency ratio Equity, closing balance x 100 / Total assets, closing balanceReturn on equity Net profit or loss for the year x 100 / Average equityReturn on assets Results from primary acitivities (EBIT) x 100 / Average assets in total 1154265571 1062488800 4638073 4870031 744121421 699593027 197281674 177130860 217500549 190634944 155833955 138423095 10634575 9639957 51032019 42571892 939201 1694683 161436 162950 51809784 44103625 11348942 9638786 40460842 34464839 40460842 34464839 28706490 28573135 421682 710277 29128172 29283412 7600000 7599871 7600000 7599871 36728172 36883283 239590062 248316967 239590062 248316967 1396855 1473430 7551615 25314 270179 125776 0 377712 0 473 14725441 17971490 23944090 19974195 100987078 62260500 364521230 330551662 401249402 367434945 0 500000 500000 357336605 316875763 357836605 317375763 7459877 7304165 1511087 10921865 3243345 0 31198488 31833152 43412797 50059182 43412797 50059182 401249402 367434945 40460842 34464839 21458934 18025855 -5366030 -27915933 56553746 24574761 906846 1618525 75537 110725 57385055 26082561 8250000 8269358 49135055 17813203 10479333 11224080 65126 103000 129 799871 -10414336 -11920951 38720719 5892252 62260500 56344316 5859 23932 100987078 62260500 100987078 62260500 137051679 123407524 15070646 12361663 3711630 2653908 155833955 138423095 365 324 161436 162950 161436 162950 101064072 10479333 65126 288595 111766874 72490937 10594763 -25316 83060384 28706490 710277 -288595 421682 421682 7599871 129 7600000 7600000 500000 500000 500000 500000 316875763 282410924 40460842 34464839 357336605 316875763 10634574 9742957 0 -103000 -939201 -1694683 161436 162950 11348942 9638786 253183 278845 8726905 -5878036 -4203204 -14127308 -9889731 -7910589 Be­sty­rel­se og di­rek­tion har dags da­to af­lagt års­rap­por­ten for regn­skabs­året 1. januar - 31. december 2025 for Biltema Danmark A/S. Today, the Board of Directors and the Managing Director have approved the annual report of Biltema Danmark A/S for the financial year 1 January - 31 December 2025. Års­rap­por­ten er af­lagt i over­ens­stem­mel­se med års­regn­skabs­lo­ven. The annual report has been prepared in accordance with the Danish Financial Statements Act. Vi an­ser den valg­te regn­skabs­prak­sis for hen­sigts­mæs­sig, og efter vores op­fat­tel­se gi­ver års­regn­ska­bet et ret­vi­sen­de bil­le­de af sel­ska­bets ak­ti­ver, pas­si­ver og fi­nan­siel­le stil­ling pr. 31. december 2025 samt af re­sul­ta­tet af sel­ska­bets ak­ti­vi­te­ter og pen­ge­strøm­me for regn­skabs­år­et 1. januar - 31. december 2025. We consider the chosen accounting policy to be appropriate, and 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 and cash flows for the financial year 1 January – 31 December 2025. Le­del­ses­be­ret­nin­gen in­de­hol­der ef­ter vores op­fat­tel­se en ret­vi­sen­de re­de­gø­rel­se for de for­hold, som be­ret­nin­gen om­hand­ler. Further, in our opinion, the Management's review gives a true and fair review of the matters discussed in the Management's review. Års­rap­por­ten ind­stil­les til ge­ne­ral­for­sam­lin­gens god­ken­del­se. We recommend that the annual report be approved at the Annual General Meeting. Henrik Anhammer Laurie Jensen Henrik Anhammer Cornelia Johanna Elisabeth e/v Grootjans Sijtsma Formand Vi har re­vi­de­ret års­regn­ska­bet for Biltema Danmark A/S for regn­skabs­året 1. januar - 31. december 2025, der om­fat­ter an­vendt regn­skabs­prak­sis, re­sul­tat­op­gø­rel­se, ba­lan­ce, egen­ka­pi­tal­op­gø­rel­se, pen­ge­strøms­op­gø­rel­se og noter. Års­regn­ska­bet ud­ar­bej­des ef­ter års­regn­skabs­lo­ven. Det er vo­res op­fat­telse, at års­regn­ska­bet gi­ver et ret­vis­ende bil­le­de af sel­ska­bets ak­ti­ver, pas­si­ver og fi­nan­siel­le stil­ling pr. 31. december 2025 samt af re­sul­ta­tet af sel­ska­bets ak­ti­vi­te­ter og pen­ge­strøm­me for regn­skabs­år­et 1. januar - 31. december 2025 i ov­er­ens­stem­mel­se med års­regn­skabs­lo­ven. We have audited the financial statements of Biltema Danmark A/S for the financial year 1 January - 31 December 2025, which comprise a summary of significant accounting policies, income statement, balance sheet, statement of changes in equity, statement of cash flows and notes, for the Company. The financial statements are prepared under the Danish Financial Statements Act. 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 and cash flows for the financial year 1 January - 31 December 2025 in accordance with the Danish Financial Statements Act. Grundlag for kon­klu­sionVi har ud­ført vo­res re­vi­si­on i over­ens­stem­mel­se med in­ter­na­tio­na­le stan­dar­der om re­vi­si­on og de yder­li­ge­re krav, der er gæl­den­de i Dan­mark. Vo­res an­svar iføl­ge dis­se stan­dar­der og krav er nær­me­re be­skre­vet i re­vi­si­ons­på­teg­nin­gens af­snit ”Re­vi­sors an­svar for re­vi­si­o­nen af års­regn­ska­bet”. Vi er uaf­hæn­gi­ge af sel­ska­bet i over­ens­stem­mel­se med In­ter­na­tio­nal Ethics Standards Board for Accountants' internationale retningslinjer for revisorers etiske adfærd (IESBA Code) og de yder­ligere etiske krav, der er gæl­den­de i Dan­mark, lige­som vi har op­fyldt vo­res øv­ri­ge etis­ke for­plig­tel­ser i hen­hold til dis­se krav og IESBA Code. Det er vo­res op­fat­tel­se, at det op­nå­e­de re­vi­si­ons­be­vis er til­stræk­ke­ligt og eg­net som grund­lag for vo­res kon­klu­sion. Basis for OpinionWe 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. Le­del­sen har an­sva­ret for ud­ar­bej­del­sen af et års­regn­skab, der gi­ver et ret­vi­sen­de bil­le­de i over­ens­stem­mel­se med års­regn­skabs­lo­ven. Le­del­sen har end­videre an­sva­ret for den in­ter­ne kon­trol, som le­del­sen an­ser nød­ven­dig for at ud­ar­bej­de et års­regn­skab uden væ­sent­lig fejl­in­for­mation, uan­set om den­ne skyl­des be­svi­gel­ser eller fejl. Ved ud­ar­bej­del­sen af års­regn­ska­bet er le­del­sen an­svar­lig for at vur­de­re sel­ska­bets ev­ne til at fort­sæt­te drif­ten; at op­ly­se om for­hold ved­rø­ren­de fort­sat drift, hvor det­te er re­le­vant; samt at ud­ar­bej­de års­regn­ska­bet på grund­lag af regn­skabs­prin­cip­pet om fort­sat drift, med­min­dre le­del­sen en­ten har til hen­sigt at li­kvi­de­re sel­skabet, ind­stil­le drif­ten el­ler ik­ke har an­det re­a­lis­tisk al­ter­na­tiv end at gø­re det­te. 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. Vo­res mål er at op­nå høj grad af sik­ker­hed for, om års­regn­ska­bet som hel­hed er uden væ­sent­lig fejl­in­for­ma­tion, uan­set om den­ne skyl­des be­svi­gel­ser el­ler fejl, og at af­gi­ve en re­vi­si­ons­på­teg­ning med en kon­klu­si­on. Høj grad af sik­ker­hed er et højt ni­veau af sik­ker­hed, men er ik­ke en ga­ran­ti for, at en re­vi­si­on, der ud­fø­res i over­ens­stem­mel­se med in­ter­na­tio­na­le stan­dar­der om re­vi­si­on og de yder­li­ge­re krav, der er gæl­den­de i Dan­mark, al­tid vil af­dæk­ke væ­sent­lig fejl­in­for­ma­tion, når så­dan fin­des. Fejl­in­for­ma­tio­ner kan op­stå som føl­ge af be­svi­gel­ser el­ler fejl og kan be­trag­tes som væ­sent­li­ge, hvis det med ri­me­lig­hed kan for­ven­tes, at de en­kelt­vis el­ler sam­let har ind­fly­del­se på de øko­no­mis­ke be­slut­nin­ger, som regn­skabs­bru­ger­ne træf­fer på grund­lag af års­regn­ska­bet. Som led i en re­vi­si­on, der ud­fø­res i over­ens­stem­mel­se med in­ter­na­tio­na­le stan­dar­der om re­vi­si­on og de yder­li­ge­re krav, der er gæl­den­de i Dan­mark, fo­re­ta­ger vi fag­li­ge vur­de­rin­ger og op­ret­hol­der pro­fes­sio­nel skep­sis un­der re­vi­si­o­nen. Her­ud­over: Iden­ti­fi­ce­rer og vur­de­rer vi ri­si­ko­en for væ­sent­lig fejl­in­for­ma­tion i års­regn­ska­bet, uan­set om den­ne skyl­des be­svi­gel­ser el­ler fejl, ud­for­mer og ud­fø­rer re­vi­si­ons­hand­lin­ger som re­ak­tion på dis­se ri­si­ci samt op­når re­vi­si­ons­be­vis, der er til­stræk­ke­ligt og eg­net til at dan­ne grund­lag for vo­res kon­klu­sion. Ri­si­ko­en for ik­ke at op­da­ge væ­sent­lig fejl­in­for­ma­tion for­år­sa­get af be­svi­gel­ser er hø­je­re end ved væ­sent­lig fejl­in­for­ma­tion for­år­sa­get af fejl, idet be­svi­gel­ser kan om­fat­te sam­men­svær­gel­ser, do­ku­ment­falsk, be­vids­te ude­la­del­ser, vild­led­ning el­ler til­si­de­sæt­tel­se af in­tern kon­trol. Op­når vi for­stå­el­se af den in­ter­ne kon­trol med re­le­vans for re­vi­si­o­nen for at kun­ne ud­for­me re­vi­si­ons­hand­lin­ger, der er pas­sen­de ef­ter om­stæn­dig­he­der­ne, men ik­ke for at kun­ne ud­tryk­ke en kon­klu­sion om ef­fek­ti­vi­te­ten af sel­ska­bets in­ter­ne kon­trol. Ta­ger vi stil­ling til, om den regn­skabs­prak­sis, som er an­vendt af le­del­sen, er pas­sen­de, samt om de regn­skabs­mæs­si­ge skøn og til­knyt­te­de op­lys­nin­ger, som le­del­sen har ud­ar­bej­det, er ri­me­li­ge. Kon­klu­de­rer vi, om le­del­sens ud­ar­bej­del­se af års­regn­ska­bet på grund­lag af regn­skabs­prin­cip­pet om fort­sat drift er pas­sen­de, samt om der på grund­lag af det op­nå­e­de re­vi­si­ons­be­vis er væ­sent­lig usik­ker­hed for­bun­det med be­gi­ven­he­der el­ler for­hold, der kan ska­be be­ty­de­lig tvivl om sel­ska­bets ev­ne til at fort­sæt­te drif­ten. Hvis vi kon­klu­de­rer, at der er en væ­sent­lig usik­ker­hed, skal vi i vo­res re­vi­si­ons­på­teg­ning gø­re op­mærk­som på op­lys­nin­ger her­om i års­regn­ska­bet el­ler, hvis så­dan­ne op­lys­nin­ger ik­ke er til­stræk­ke­li­ge, mo­di­fi­ce­re vo­res kon­klu­si­on. Vo­res kon­klu­si­o­ner er ba­se­ret på det re­vi­si­ons­be­vis, der er op­nå­et frem til da­to­en for vo­res re­vi­si­ons­på­teg­ning. Frem­ti­di­ge be­gi­ven­he­der el­ler for­hold kan dog med­fø­re, at sel­skabet ik­ke læn­ge­re kan fort­sæt­te drif­ten. Ta­ger vi stil­ling til den sam­le­de præ­sen­ta­tion, struk­tur og ind­hold af års­regn­ska­bet, her­un­der no­te­op­lys­nin­ger­ne, samt om års­regn­ska­bet af­spej­ler de un­der­lig­gen­de trans­ak­tio­ner og be­gi­ven­he­der på en så­dan må­de, at der gi­ves et ret­vi­sen­de bil­le­de her­af. Vi kom­mu­ni­ke­rer med den øver­ste le­del­se om blandt an­det det plan­lag­te om­fang og den tids­mæs­si­ge pla­ce­ring af re­vi­si­o­nen samt be­ty­de­li­ge re­vi­si­ons­mæs­si­ge ob­ser­va­tio­ner, her­un­der even­tu­el­le be­ty­de­li­ge mang­ler i in­tern kon­trol, som vi iden­ti­fi­ce­rer un­der re­vi­si­o­nen. 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 judgment and maintain professional skepticism 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. Ud­tal­else om le­del­ses­be­ret­nin­genLe­del­sen er an­svar­lig for le­del­ses­be­ret­nin­gen. Vo­res kon­klu­sion om års­regn­ska­bet om­fat­ter ik­ke le­del­ses­be­ret­nin­gen, og vi ud­tryk­ker in­gen form for kon­klu­sion med sik­ker­hed om le­del­ses­be­ret­nin­gen. I til­knyt­ning til vo­res re­vi­si­on af års­regn­ska­bet er det vo­res an­svar at læ­se le­del­ses­be­ret­nin­gen og i den for­bin­del­se over­ve­je, om le­del­ses­be­ret­nin­gen er væ­sent­ligt in­kon­si­stent med års­regn­ska­bet el­ler vo­res vi­den op­nå­et ved re­vi­si­o­nen el­ler på an­den må­de sy­nes at in­de­hol­de væ­sent­lig fejl­in­for­ma­tion. Vo­res an­svar er der­ud­over at over­ve­je, om le­del­ses­be­ret­nin­gen in­de­hol­der kræ­ve­de op­lys­nin­ger i hen­hold til års­regn­skabs­lo­ven. Ba­se­ret på det ud­før­te ar­bej­de er det vo­res op­fat­tel­se, at le­del­ses­be­ret­nin­gen er i over­ens­stem­mel­se med års­regn­ska­bet og er ud­ar­bej­det i over­ens­stem­mel­se med års­regn­skabs­lo­vens krav. Vi har ik­ke fun­det væ­sent­lig fejl­in­for­ma­tion i le­del­ses­be­ret­nin­gen. Statement on Management’s ReviewManagement 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, we conclude that Management’s Review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statement Act. We did not identify any material misstatement of Management’s Review. 917966000 841286000 773430000 162983000 153766000 131920000 46326000 51755000 25059000 778000 1532000 1114000 -191000 -659000 37232000 40210000 31164000 340977000 304811000 270218000 10479000 11224000 10182000 19269000 4778000 282911000 245679000 205469000 38374000 -10935000 44447000 -10567000 -17998000 -4745000 38721000 5892000 27807000 -28934000 39702000 277 250 225 18.8 17.9 17.8 18.3 17.1 4.4 4.0 5.0 6.2 3.2 Afkastningsgrad 14.3 14.3 14.3 18.0 15.3 Likviditetsgrad 839.7 660.3 527.2 461.5 384.6 89.2 86.4 83.0 80.6 76.0 12.0 11.5 14.1 17.8 16.4 Sel­skabets væsentligste aktiviteterSelskabets væsentligste aktiviteter er salg af varer inden for følgende kategorier: Biltilbehør, reservedele, værktøj, bådartikler, gør-det-selvartikler og lignende hermed beslægtet virksomhed, som sælges fra selskabets 19 varehuse. Description of key activities of the companyThe company's principal activities include the sale of goods within the following categories: car accessories, spare parts, tools, marine equipment, DIY products, and other related business activities, which are sold from the company's 19 retail stores. Usikkerhed ved indregning eller målingDer er ikke forekommet usikkerhed ved indregning og måling i årsrapporten. Uncertainties about recognition or measure-mentThere has been no uncertainty regarding recognition and measurement in the annual report. Usædvanlige forholdSelskabets aktiver, passiver og finansielle stilling pr. 31. december 2025 samt resultatet af selskabets aktiviteter og pengestrømme for 2025 er ikke påvirket af usædvanlige forhold. Unusual circumstancesThe company's assets, liabilities and financial position as of 31 December 2025 and the result of the company's activities and cash flows for 2025 are not affected by unusual circumstances. Udvikling i aktiviteter og økonomiske forholdÅrets nettoomsætning udgør 1.154.265.571 kr.mod 1.062.591.800 kr. sidste år. Stigningen i omsætningen på +9,2% er på linie med forventningerne for 2025.  Det ordinære resultat efter skat udgør 40.460.842 kr. mod 34.464.839 kr. sidste år.  Den øgede omsætning fra 2024 til 2025 er til dels et resultat af implementering af en ny organisation og nye rutiner i alle varehuse i løbet af 2025, samt en investering i 6 varehuse, der er blevet optimeret efter det nye koncept.  Den løbende udvikling af Biltema Café fortsætter med at bidrage til både virksomhedens brand og omsætning. Ledelsen vurderer årets resultat som tilfredsstillende. I 2025 er der ikke åbnet nye varehuse. Der er 19 varehuse i Danmark. D. 6. september 2025 åbnede Biltema Danmarks ældste butik i Næstved en helt ny café. Som følge deraf har 17 ud af 19 varehuse nu deres egen Biltema Café. I løbet af 2026 vil Biltema åbne en ny café i varehuset i Aalborg.  Siden 2019 er nye varehuse, som et pilotprojekt i Danmark, blevet bygget med solceller. Som et led i vores arbejde for at mindske miljøbelastningen, er dette projekt nu udfoldet til hele Norden. I 2023 begyndte projektet med installering og opgradering af nye solceller på eksisterende varehuse i Danmark. Dette arbejde er fortsat ind i 2025, og nu har 16 ud af 19 varehuse solceller installeret. Kapitalberedskab Selskabets finansielle beredskab udgøres af selskabets positive drift og pengestrømme samt finansiering fra moderselskabet. Development in activities and financial mattersThe revenue for the year totals DKK 1.154.265.571 against DKK 1.062.591.800 last year. The increase in revenue of +9,2% is in line with expectations of 2025. Income or loss from ordinary activities after tax totals DKK 40.460.842 against DKK 34.464.839 last year. The change in revenue is partly a result from the implementation of a new organization and routines within all of the stores during 2025, and also an investment in 6 stores that have been optimized along the new concept. The ongoing development of Biltema Café continues to contribute to both the companys brand and revenue. Management considers the year’s result to be satisfactory. In 2025 no new stores were opened. There are 19 retail stores in Denmark. On the September 6, Biltema Denmark oldest store in Naestved opened a brand new café. As a result of that, now 17 out of 19 stores have their own Biltema Cafe. During 2026 Biltema will open one new café in the retail store of Aalborg. Since 2019, new retail stores in Denmark have been built with solar panels. As part of our efforts to reduce environmental impact, this initiative has now been expanded across the entire Nordic region. In 2023, the project began with the installation and upgrading of new solar panels on existing stores in Denmark. This work has continued into 2025, and now 16 out of 19 stores have solar panels installed. Financial resources The company's financial preparedness consists of its positive operations and cash flows, as well as financing from the parent company. Opfølgning på sidste års forventede udviklingI årsrapporten for 2024 er udmeldt en forventet stigning i nettoomsætning i 2025 på ca. 10%. Den realiserede nettoomsætning for 2025 udgør 1.154.265.571 kr. og det realiserede ordinære resultat efter skat udgør 40.460.842 kr. Årsagen til den forøgede nettoomsætning er primært, et resultat af implementering af en ny organisation og nye rutiner i alle varehuse i løbet af 2025. Den forventede udviklingDer forventes en stigning i omsætning i 2026 på +5,0%. Dette vil blandt andet ske på baggrund øget markedsandel, og yderligere fokus på at optimere varehusene til det nye koncept. Development for the year relative to the expectationsIn the annual report 2024, a projected revenue increase for 2025 at a level of 10%. The actual revenue for 2025 amounts to DKK  1.154.265.571 and the actual profit or loss from ordinary activities after tax amounts to DKK  40.460.842. The primary reason for the increased revenue is a result from the implementation of a new organization and routines within all of the stores during 2025. Expected developmentsAn increase in net turnover is expected in the coming financial year of +5,0%. This will be driven, among other factors, by a growing market share and increased focus on optimizing existing stores to the new concept. Forsknings- og udviklingsaktiviteterSelskabet har ikke forsknings- og udviklingsaktiviteter. Research and development activitiesThe company does not have research and development activities. Begivenheder efter regn­skabs­årets udløbDer er efter balancedagen ikke i øvrigt indtruffet forhold, som kan have væsentlig indflydelse på bedømmelsen af årsrapporten. Events occurring after the end of the financial yearApart from this, there has been no events after the balance sheet date that could have a significant impact on the presentation of the annual report. Redegørelse for samfundsansvar i henhold til årsregnskabslovens § 99 aMiljøforhold – herunder klimapåvirkningEn væsentlig miljømæssig risiko er, at samhandel med leverandører og ikke mindst producenter i lavtlønslande generelt set kan være forbundet med øget risiko for negativ miljøpåvirkning. Manglende overholdelse af regler og rettigheder stemmer ikke overens med koncernens opfattelse af samfundsansvar. Derfor arbejdes der løbende med at kommunikere koncernens værdier til leverandører og andre interessenter. Fra koncernens side gennemføres der ligeledes kontrol og inspektioner hos leverandører samt producenter. I 2030 er målet, at hovedparten af Biltemas produkter og emballage består af bæredygtige materialer, og at emballage fra 2030 ikke længere må indeholde PVC. I løbet af 2024 og 2025 har Biltema Danmark udført et betydeligt arbejde for at tilpasse sig det nye udvidede producentansvar for emballage.  På nuværende tidspunkt er palmeolieproduktion en primær årsag til skovrydning, som truer vitale økosystemer og påvirker menneskerettighederne negativt. Af denne grund, er det besluttet at stoppe brugen af palmeolie i Biltemas egne produkter. Biltema Danmark arbejder på at nedbringe energiforbruget i selskabets varehuse ved installering af LED lys i varehusene samt i øvrigt at spare på el i det omfang det er muligt. Ligeledes opsættes der solpaneler på varehusene, og alle nye varehuse bygges med jordvarme som varmekilde.Arbejdsmiljø, sociale forhold og personale Hos Biltema er man overbevist om, at tilfredse medarbejdere skaber tilfredse og tilbagevendende kunder. At gøre et godt stykke arbejde handler lige så meget om kompetencer, som det handler om at have det godt. Biltema vil som arbejdsgiver derfor gerne hjælpe medarbejderne til at have en god balance i arbejdslivet, uanset hvilket niveau de er på i firmaet. Både det fysiske og psykiske arbejdsmiljø er højt prioriteret. Biltemas mål er at være en attraktiv arbejdsgiver som tilbyder en attraktiv arbejdsplads til alle virksomhedens medarbejdere. Derfor arbejdes der målrettet medfølgende: • At opfordre og bidrage til sundhed og velvære. • At give medarbejderen mulighed for udvikling inden for koncernen. • At give personligt ansvar og mulighed for at påvirke sin egen situation og arbejdsplads. • At give arbejdsmiljøet højeste prioritet, hvor der arbejdes for en sikker og tryg arbejdsplads for alle medarbejdere. Til underbyggelse heraf arbejdes der med udgangspunkt i resultatet af APV undersøgelser på at forbedre virksomhedens arbejdsmiljø. En ny organisation inden for alle varehusene blev lanceret i 2025, og et af fokusområderne er at øge muligheden for at udvikle hver medarbejder og give et større ansvar.  Respekt for menneskerettighederBiltema er en ansvarsfuld virksomhed, som tager hensyn til og respekterer sine medmennesker. Koncernen og dennes leverandører, skal derfor følge de krav der stilles angående menneskerettigheder. Biltema og koncernens leverandører arbejder i flere forskellige lande og har derfor som grundlæggende krav, at landets lovstiftede arbejdsvilkår efterleves strengt eller overgås. Børnearbejde må under ingen omstændigheder forekomme, og den gældende minimumsalder for arbejdstageren skal følges. Gennem Biltema Foundation og dets engagement bidrager vi bl.a. til at hjælpe mennesker både socialt og økonomisk i koncernens produktionslande. Retten til at organisere sig og repræsenteres af faglige organisationer i overensstemmelse med landets lovgivning og derved støtte individets muligheder for at påvirke sin livs- og arbejdssituation skal både i koncernen og hos leverandørerne respekteres. Processer for overvågning ”due diligence”. HR-funktionen registrerer henvendelser som modtages via koncernens whistleblowerordning, i overensstemmelse med gældende lovgivning. Væsentligste risiko er, at koncernen og leverandørernes aktiviteter i lavtlønslande kan være forbundet med risiko for at et led i værdikæden ikke overholder menneskerettigheder.Bekæmpelse af korruption og bestikkelseSom samfundsansvarlig virksomhed arbejder selskabet mod alle former for korruption, afpresning og bestikkelse og underslæb i enhver form. En væsentlig risiko for korruption er, at handel med leverandører og ikke mindst producenter i lavtlønslande generelsamt set kan være forbundet med øget risiko. Selskabet kontrollerer løbende, at regler for bekæmpelse af korruption og bestikkelse følges, ved at foretage planlagte og spontane besøg hos leverandørerne, og kræve, at vores leverandører foretager regelmæssige inspektionsbesøg hos deres underleverandører.   Corporate social responsibility report pursuant to section 99 a of the Danish Financial Statements ActEnvironmental issues – including climate change A significant environmental risk is that trade with suppliers, especially producers in low-wage countries, generally entails an increased risk of negative environmental impact. Non-compliance with regulations and rights is not in line with the Group’s concept of corporate social responsibility, which is why ongoing efforts are made to communicate the Group’s values to suppliers and other stakeholders. Therefore, the Group also carries out checks and inspections at suppliers and manufacturers. In 2030, the goal is for the majority of Biltema's products and packaging to consist of sustainable materials, and as of 2030, packaging must no longer contain PVC. During 2024 and 2025 Biltema Denmark have made a significant work to align with the new extended producer responsibility for packaging. At present, palm oil production is a primary driver of deforestation, posing threats to vital ecosystems and adversely affecting human rights. Consequently, it has been decided to cease the use of palm oil in Biltema's own products. Biltema Denmark is working to reduce energy consumption in the company's warehouses by having installed LED lights and conserving electricity wherever possible. Additionally, solar panels are being installed on the warehouses, and all new warehouses are being built with geothermal heating as the heat source.Work environment, social conditions and staff At Biltema, we are convinced that satisfied employees create satisfied and returning customers. Doing a good job is as much about skills as it is about feeling good. As an employer, Biltema would therefore like to help employees to have a good balance in their working life, regardless of what level they are at in the company. Both the physical and mental working environment are given high priority. Biltema's goal is to be an attractive employer that offers an attractive workplace to all the company's employees. Therefore, the following are targeted: • To encourage and contribute to health and wellbeing. • To give the employee the opportunity for development within the group. • To give personal responsibility and the opportunity to influence one's own situation and workplace. • To give the working environment the highest priority, where we work towards a safe and secure workplace for all employees. To support this, work is being done on the basis of the results of APV studies to improve the company's working environment. A new organization within all of the retail stores have been launched during 2025, and one of the main focuses is to increase the possibility to develop each employee and giving a greater responsibility.   Respect for human rightsBiltema is a responsible company that takes into account and respects its fellow human beings. The Group and its suppliers must therefore follow the requirements set regarding human rights. Biltema and the group's suppliers work in several different countries and therefore have as a basic requirement that the country's statutory working conditions are strictly complied with or exceeded. Child labor must not occur under any circumstances, and the applicable minimum age for the worker must be followed. Through the Biltema Foundation and its commitment, we contribute to, among other things, to help people both socially and financially in the group's production countries. The right to organize and be represented by professional organizations in accordance with the country's legislation and thereby support the individual's opportunities to influence his life and work situation must be respected both in the group and with the suppliers. Processes for monitoring "due diligence". The HR function registers inquiries received according to the group's whistleblower scheme, in accordance with applicable legislation. The most significant risk is that the group's and suppliers' activities in low-wage countries may be associated with the risk that a link in the value chain does not comply with human rights.Fighting corruption and briberyAs a socially responsible company, the company works against all forms of corruption, extortion and bribery and embezzlement in any form. A significant risk of corruption is that trading with suppliers and not least producers in low-wage countries can generally be associated with an increased risk. The company continuously checks that anticorruption and anti-bribery rules are followed by making planned and spontaneous visits to suppliers and requiring our suppliers to make regular inspection visits to their sub-suppliers.   Selskabet tror på, at mangfoldighed blandt medarbejderne, herunder at en mere ligelig fordeling mellem kønnene, bidrager positivt til arbejdsmiljøet og styrker virksomhedens performance og konkurrenceevne. Selskabets politik er, at tilstræbe ligestilling imellem kønnene i det omfang kravene til de faglige kvalifikationer i de respektive stillinger kan opfyldes. Fordelingen mellem medarbejdere er ved udgangen af 2025 ca. 41,8 % kvinder og 58,2 % mænd Selskabet arbejder aktivt for at opnå en afbalanceret sammensætning af kvinder og mænd generelt, og målet for ledelsesgruppen på hovedkontoret er derfor også at være balanceret. Ved udgangen af 2025 bestod denne af 60% kvinder og 40% mænd. Måltal for sel­skabets øverste ledelseDen nuværende bestyrelse er sammensat af 3 personer, 2 kvinder og 1 mand.   Politik for sel­skabets øvrige ledelsesniveauerPå øvrige ledelseslag tages kandidater af begge køn i betragtning, i det omfang kravene til de faglige kvalifikationer i de respektive stillinger kan opfyldes. Det er selskabets målsætning at opnå lige repræsentation af mænd og kvinder i de øvrige ledelseslag. Det er bestyrelsens politik at øge andelen af det underrepræsenterede køn i de øvrige ledelseslag gennem fastsættelsen af ovennævnte måltal, personalepolitikker, ansættelsesprocedurer og rekruttering, der fremmer kvinder og mænds lige karrieremuligheder, så der både er kvindelige og mandlige kandidater ved intern og ekstern rekruttering. The company believes that diversity among employees, including a more equal ratio between the genders, contributes positive to the working environment and strengthens the company's performance and competitiveness. The company's policy is to endeavor equality between the genders to the extent that the requirements for professional qualifications in the respective positions can be met. As of 2025, the distribution among employees is approx. 41,8 % women and 58,2 % men.  The company works actively to achieve a balanced composition of women and men in general, and the goal for the management group at head office is therefore also to be balanced. By the end of 2025, this consisted of 60% women and 40% men. Target figures for the company’s top managementThe current board comprises 3 members, 2 women and 1 man   Policies for the company’s other management levelsAt other management levels, candidates of both genders are considered, provided that the professional qualifications required for the respective positions are met. The company’s objective is to achieve equal representation of men and women at these management levels. It is the board's policy to increase the representation of the underrepresented gender at other management levels through the establishment of the aforementioned targets, personnel policies, hiring procedures, and recruitment practices that promote equal career opportunities for both women and men, ensuring that both female and male candidates are considered in internal and external recruitment. Redegørelse for sel­skabets politik for dataetik i henhold til årsregnskabslovens § 99 d DataetikSelskabet behandler persondata fra både kunder og ansatte og prioriterer at principper og processer overholdes for korrekt behandling af disse data Medarbejdere, der håndterer følsomme data, følger interne rutiner for at sikre korrekt håndtering. Selskabet har databehandleraftaler med alle leverandører som behandler personoplysninger på selskabets vegne. Kundedata indsamlet i virksomheden opbevares på selskabets database først og fremmest for at kunne levere den tjeneste kunden ønsker. Kunden kan altid kontakte selskabet og bede om at få oplysningerne slettet. Report on the company’s policy on data ethics according to section 99 d of the Danish Financial Statements Act Data ethicsThe company processes data from both customers and employees and prioritizes that the principles and processor comply with the correct processing of this data. Employees who handle sensitive data follow internal routines to ensure proper handling. The company has data processing agreements with all suppliers who process personal data on behalf of the company. Customer data collected in the company is stored on the company's database primarily to be able to deliver the service the customer wants. The customer can always contact the company and ask to have the information deleted. Års­rap­por­ten for Biltema Danmark A/S er af­lagt i over­ens­stem­mel­se med års­regn­skabs­lo­vens be-stem­mel­ser for en stor klasse C-virksomhed.   Års­rap­porten er af­lagt ef­ter sam­me regn­skabs­prak-­sis som sid­ste år og aflægges i danske kroner. The annual report for Biltema Danmark A/S has been presented in accordance with the Danish Financial Statements Act regulations concerning reporting class C enterprises (large enterprises).   The accounting policies are unchanged from last year, and the annual report is presented in DKK. Generelt om indregning og målingI re­sul­tat­op­gø­rel­sen ind­reg­nes ind­tæg­ter i takt med, at de ind­tje­nes. Her­un­der ind­reg­nes vær­di­re­gu­le­rin­ger af fi­nan­siel­le ak­ti­ver og for­plig­tel­ser. I re­sul­tat­op­gø­rel­sen ind­reg­nes li­ge­le­des al­le om­kost­nin­ger, her­un­der af­skriv­nin­ger, ned­skriv­nin­ger og hen­sat­te for­plig­tel­ser samt til­ba­ge­førs­ler som føl­ge af æn­dre­de regn­skabs­mæs­si­ge skøn af be­løb, der tid­li­ge­re har væ­ret ind­reg­net i re­sul­tat­op­gø­rel­sen. Ak­ti­ver ind­reg­nes i ba­lan­cen, når det er sand­syn-ligt, at frem­ti­di­ge øko­no­mi­ske for­de­le vil til­fly­de sel­skabet, og ak­ti­vets vær­di kan må­les på­li­de­ligt. For­plig­tel­ser ind­reg­nes i ba­lan­cen, når det er sand-­syn­ligt, at frem­ti­di­ge øko­no­mi­ske for­de­le vil fra­gå sel­skabet, og for­plig­tel­sens vær­di kan må­les på­li-de­ligt. Ved før­ste ind­reg­ning må­les ak­ti­ver og for­plig­tel­ser til kost­pris. Ef­ter­føl­gen­de må­les ak­ti­ver og for­plig­tel­ser som be­skre­vet ne­den­for for hver en­kelt regn­skabs­post. Ved ind­reg­ning og må­ling ta­ges hen­syn til for­ud­si-­ge­li­ge tab og ri­si­ci, der frem­kom­mer in­den års­rap­por­ten af­læg­ges, og som ved­rø­rer for­hold, der ek­si­ste­re­de på ba­lan­ce­da­gen. Recognition and measurement in generalIncome is recognised in the income statement concurrently with its realisation, including the recognition of value adjustments of financial assets and liabilities. Likewise, all costs are recognised in the income statement, including depreciations amortisations, write-downs for impairment, provisions, and reversals due to changes in estimated amounts previously recognised in the income statement. Assets are recognised in the statement of financial position when it seems probable that future economic benefits will flow to the company and the value of the asset can be reliably measured. Liabilities are recognised in the statement of financial position when it is seems probable that future economic benefits will flow out of the company and the value of the liability can be reliably measured. Assets and liabilities are measured at cost at the initial recognition. Hereafter, assets and liabilities are measured as described below for each individual accounting item. Upon recognition and measurement, allowances are made for such predictable losses and risks which may arise prior to the presentation of the annual report and concern matters that exist on the reporting date. Omregning af fremmed valutaTrans­ak­tio­ner i frem­med va­lu­ta om­reg­nes til trans­ak­tions­da­gens kurs. Va­lu­ta­kurs­dif­fe­ren­cer, der op­står mel­lem trans­ak­tions­da­gens kurs og kur­sen på be­ta­lings­da­gen, ind­reg­nes i re­sul­tat­op­gø­rel­sen som en fi­nan­siel post.  Til­go­de­ha­ven­der, gæld og an­dre mo­ne­tæ­re pos­ter i frem­med va­lu­ta, om­reg­nes til ba­lan­ce­da­gens va­lu­ta­kurs. For­skel­len mel­lem ba­lan­ce­da­gens kurs og kur­sen på tids­punk­tet for til­go­de­ha­ven­dets el­ler gælds­for­plig­tel­sens op­stå­en el­ler ind­reg­ning i se­ne­ste års­regn­skab ind­reg­nes i re­sul­tat­op­gø­rel­sen un­der fi­nan­siel­le ind­tæg­ter og om­kost­nin­ger. An­lægs­ak­ti­ver, der er købt i frem­med va­lu­ta må­les til kur­sen på trans­ak­tions­da­gen. Foreign currency translationTransactions in foreign currency are translated by using the exchange rate prevailing at the date of the transaction. Differences in the rate of exchange arising between the rate at the date of transaction and the rate at the date of payment are recognised in the profit and loss account as an item under net financials.  Receivables, payables, and other foreign currency monetary items are translated using the closing rate. The difference between the closing rate and the rate at the time of the occurrence or initial recognition in the latest financial statements of the receivable or payable is recognised in the income statement under financial income and expenses. Fixed assets acquired and paid for in foreign currency are measured at the exchange rate prevailing at the date of  the transaction. NettoomsætningNet­to­om­sæt­ning ind­reg­nes i re­sul­tat­op­gø­rel­sen, så­fremt le­ve­ring og ri­si­ko­over­gang til kø­ber har fun­det sted in­den årets ud­gang, og så­fremt ind­tæg­ten kan op­gø­res på­li­de­ligt og for­ven­tes mod­ta­get. Net­to­om­sæt­nin­gen må­les til dags­vær­dien af det af­tal­te ve­der­lag eks­klu­si­ve moms og af­gif­ter og med fra­drag af ra­bat­ter i for­bin­del­se med sal­get. RevenueRevenue is recognised in the income statement if delivery and passing of risk to the buyer have taken place before the end of the year and if the income can be determined reliably and inflow is anticipated. Revenue is measured at the fair value of the consideration promised exclusive of VAT and taxes and less any discounts relating directly to sales. VareforbrugVa­re­for­brug om­fat­ter om­kost­nin­ger til køb af færdigvarer med fra­drag af ra­bat­ter samt årets for­skyd­ning i va­re­be­hold­nin­ger. Cost of salesCost of sales comprises costs concerning purchase of finished goods less discounts and changes in inventories. Andre driftsindtægterAndre drifts­ind­tæg­ter inde­hol­der regn­skabs­pos­ter af se­kun­dær ka­rak­ter i for­hold til virk­som­he­dens ho­ved­ak­ti­vi­te­ter, her­un­der mod­tag­ne løn­re­fu­sio­ner. Er­stat­nin­ger ind­regnes, når det er over­ve­jen­de sand­syn­ligt, at virk­som­he­den vil mod­ta­ge er­stat­nin­gen. Other operating incomeOther operating income comprises items of a secondary nature as regards the principal activities of the enterprise, including salary reimbursements received. Compensation is recognized when it is overwhelmingly probable that the company will receive the compensation. Andre eksterne omkostningerAndre eks­ter­ne om­kost­nin­ger om­fat­ter om­kost­nin­ger til di­stri­bu­tion, salg, re­kla­me, ad­mi­ni­stra­tion, lo­ka­ler, tab på de­bi­to­rer og ope­ra­tio­nel­le lea­sing­om­kost­nin­ger. Other external costsOther external costs comprise costs incurred for distribution, sales, advertising, administration, premises, loss on receivables, and operational leasing costs. PersonaleomkostningerPer­so­na­le­om­kost­nin­ger om­fat­ter løn og ga­ger, in­klu­si­ve fe­rie­pen­ge og pen­sio­ner samt an­dre om­kost­nin­ger til so­ci­al sik­ring mv. til sel­skabets med­ar­bej­de­re. Staff costsStaff costs include salaries and wages, including holiday allowances, pensions, and other social security costs, etc., for staff members. Af- og nedskrivningerAf- og ned­skriv­nin­ger in­de­hol­der årets af- og ned­skriv­nin­ger af ma­te­ri­el­le an­lægs­ak­ti­ver. Depreciation, amortisation, and writedown for impairmentDepreciation, amortisation, and writedown for impairment comprise depreciation on, amortisation of, and writedown for impairment of tangible assets. Finansielle indtægter og omkostningerFi­nan­siel­le ind­tæg­ter og om­kost­nin­ger ind­reg­nes i re­sul­tat­op­gø­rel­sen med de be­løb, der ved­rø­rer regn­skabs­året. Fi­nan­siel­le pos­ter om­fat­ter ren­te­ind­tæg­ter og -om­kost­nin­ger, re­a­li­se­re­de og u­re­a­li­se­re­de kurs­ge­vin­ster og kurs­tab ved­rø­ren­de finansielle aktiver og forpligtelser samt til­læg og godt­gø­rel­ser un­der acon­to­skat­te­ord­nin­gen mv. Financial income and expensesFinancial income and expenses are recognised in the income statement with the amounts concerning the financial year. Financial income and expenses comprise interest income and expenses, realised and unrealised capital gains and losses relating to financial assets and liabilities as well as surcharges and reimbursements under the advance tax scheme, etc. Skat af årets resultatÅrets skat, der be­står af årets ak­tu­el­le sel­skabs­skat og æn­dring i ud­skudt skat, ind­reg­nes i re­sul­tat­op­gø­rel­sen med den del, der kan hen­fø­res til årets re­sul­tat, og di­rek­te i eg­en­ka­pi­ta­len med den del, der kan hen­fø­res til po­ste­rin­ger di­rek­te i eg­en­ka­pi­ta­len.  Mo­der­virk­som­he­den og de dan­ske til­knyt­te­de virk­som­he­der er om­fat­tet af de dan­ske reg­ler om tvun­gen sam­be­skat­ning af kon­cer­nens dan­ske ­virk­som­he­der. Den ak­tu­el­le dan­ske sel­skabs­skat for­de­les ved af­reg­ning af sam­be­skat­nings­bi­drag mel­lem de sam­be­skat­te­de virk­som­he­der i for­hold til dis­ses skat­te­plig­ti­ge ind­koms­ter. I til­knyt­ning her­til mod­ta­ger virk­som­he­der med skat­te­mæs­sigt un­der­skud sam­be­skat­nings­bi­drag fra virk­som­he­der, der har kun­net an­ven­de det­te un­der­skud (fuld for­de­ling). Tax on net profit or loss for the yearTax for the year comprises the current income tax for the year and changes in deferred tax and is recognised in the income statement with the share attributable to the net profit or loss for the year and directly in equity with the share attributable to entries directly in equity.  The company is subject to Danish rules on compulsory joint taxation of Danish group enterprises. The current Danish income tax is allocated among the jointly taxed companies proportional to their respective taxable income (full allocation with reimbursement of tax losses). Materielle anlægsaktiverMaterielle anlægsaktiver må­les til kost­pris med fra­drag af ak­ku­mu­le­re­de af­skriv­nin­ger og ned­skriv­nin­ger. Af­skriv­nings­grund­la­get er kost­pris med fra­drag af even­tu­el for­ven­tet rest­vær­di ef­ter af­slut­tet brugs­tid. Af­skriv­nings­pe­ri­o­den og rest­vær­di­en fast­sæt­tes på an­skaf­fel­ses­tids­punk­tet og re­vur­de­res år­ligt. Over­sti­ger rest­vær­di­en ak­ti­vets regn­skabs­mæs­si­ge vær­di, op­hø­rer af­skriv­nin­gen. Der fo­re­ta­ges li­ne­ære af­skriv­nin­ger ba­se­ret på føl-gen­de vur­de­ring af ak­ti­ver­nes for­ven­te­de brugs­ti­der og rest­vær­di­er: BrugstidRestværdiAndre anlæg, driftsmateriel og inventar3-5år0-20 % Småaktiver med en forventet levetid under 1 år ind­reg­nes i an­skaf­fel­ses­året som om­kost­nin­ger i re­sul­tat­op­gø­rel­sen. For­tje­ne­ste el­ler tab ved af­hæn­del­se af ma­te­ri­el­le an­lægs­ak­ti­ver op­gø­res som for­skel­len mel­lem salgs­pris med fra­drag af salgs­om­kost­nin­ger og den regn­skabs­mæs­si­ge vær­di på salgs­tids­punk­tet. For-tje­ne­ste el­ler tab ind­reg­nes i re­sul­tat­op­gø­rel­sen un­der an­dre drifts­ind­tæg­ter el­ler an­dre drifts­om­kost­nin­ger. Materielle anlægsaktiver under udførelseMaterielle anlægsaktiver under ud­fø­rel­se må­les og ind­reg­nes til de sam­lede af­hold­te om­kost­nin­ger. Når ar­bej­det er fær­dig­gjort, over­fø­res den sam­le­de vær­di til den re­le­van­te post un­der ma­te­ri­el­le an­lægs­ak­ti­ver, og af­skri­ves fra ibrug­tag­nings­tids­punk­tet. Property, plant, and equipmentProperty, plant, and equipment are measured at cost less accrued depreciation and write-down for impairment. The depreciable amount is cost less any expected residual value after the end of the useful life of the asset. The amortisation period and the residual value are determined at the acquisition date and reassessed annually. If the residual value exceeds the carrying amount, the depreciation is discontinued. Depreciation is done on a straight-line basis according to an assessment of the expected useful life and the residual value of the individual assets:   ResidualUseful lifevalueOther fixtures and fittings,tools and equipment3-5years0-20 % Minor assets with an expected useful life of less than 1 year are recognised as costs in the income statement in the year of acquisition. Profit or loss derived from the disposal of property, land, and equipment is measured as the difference between the sales price less selling costs and the carrying amount at the date of disposal. Profit or loss is recognised in the income statement as other operating income or other operating expenses. Property, plant, and equipment in progressProperty, plant, and equipment in progress are measured and recognised as the total costs incurred. When the work has been completed, the total value is transferred to the relevant item under property, plant, and equipment and is amortised from the date of entry into service. LeasingkontrakterLeasingkontrakter be­hand­les som ope­ra­tio­nel lea-sing. Ydel­ser i for­bin­del­se med ope­ra­tio­nel lea­sing og øv­ri­ge le­je­af­ta­ler ind­reg­nes i re­sul­tat­op­gø­rel­sen over kon­trak­tens lø­be­tid. Sel­skabets sam­le­de for­plig­tel­se ved­rø­ren­de ope­ra­tio­nel­le lea­sing­af­ta­ler og le­je­af­ta­ler op­ly­ses un­der even­tu­al­pos­ter. LeasesLeases are regarded as operating leases. Payments in connection with operating leases and other lease agreements are recognised in the income statement for the term of the contract. The company's total liabilities concerning operating leases and lease agreements are recognised under contingencies, etc. Nedskrivning på anlægsaktiverDen regn­skabs­mæs­si­ge vær­di af ma­te­ri­el­le an­lægs­ak­ti­ver vur­de­res år­ligt for in­di­ka­tio­ner på vær­di­for­rin­gel­se ud over det, som ud­tryk­kes ved af­skriv­ning. Fo­re­lig­ger der in­di­ka­tio­ner på vær­di­for­rin­gel­se, fo­re­ta­ges ned­skriv­nings­test af hvert en­kelt ak­tiv hen­holds­vis grup­pe af ak­ti­ver. Der fo­re­ta­ges ned­skriv­ning til gen­ind­vin­dings­vær­di­en, så­fremt den­ne er la­ve­re end den regn­skabs­mæs­si­ge vær­di. Gen­ind­vin­dings­vær­di­en er den hø­je­ste vær­di af ka­pi­tal­vær­di og salgs­vær­di fra­truk­ket for­ven­te­de om­kost­nin­ger ved et salg. Ka­pi­tal­vær­di­en op­gø­res som nu­tids­vær­di­en af de for­ven­te­de net­to­pen­ge­strøm­me fra an­ven­del­sen af ak­ti­vet el­ler ak­tiv­grup­pen og for­ven­te­de net­to­pen­ge­strøm­me ved salg af ak­ti­vet el­ler ak­tiv­grup­pen ef­ter endt brugs­tid.  Tid­li­ge­re ind­reg­ne­de ned­skriv­nin­ger til­ba­ge­fø­res, når be­tin­gel­sen for ned­skriv­nin­gen ik­ke læn­ge­re be­står.  Impairment loss relating to non-current assetsThe carrying amount of tangible fixed assets are subject to annual impairment tests in order to disclose any indications of impairment beyond those expressed by amortisation and depreciation respectively. If indications of impairment are disclosed, impairment tests are carried out for each individual asset or group of assets, respectively. write-down for impairment is done to the recoverable amount if this value is lower than the carrying amount. The recoverable amount is the higher value of value in use and selling price less expected selling cost. The value in use is calculated as the present value of the expected net cash flows from the use of the asset or the asset group and expected net cash flows from the sale of the asset or the asset group after the end of their useful life.Previously recognised impairment losses are reversed when conditions for impairment no longer exist. VarebeholdningerVa­re­be­hold­nin­ger må­les til kost­pris ef­ter FIFO-me­to­den. Er net­to­re­a­li­sa­tions­vær­di­en af va­re­be­hold­nin­ger la­ve­re end kost­pri­sen, ned­skri­ves til den­ne la­ve­re vær­di. Kost­pris for han­dels­va­rer samt rå­va­rer og hjæl­pe­ma­te­ri­a­ler om­fat­ter an­skaf­fel­ses­pris med til­læg af hjem­ta­gel­ses­om­kost­nin­ger. Net­to­rea­li­sa­tions­vær­di­en for va­re­be­hold­nin­ger op­gø­res som for­ven­tet salgs­pris med fra­drag af så­vel fær­dig­gø­rel­ses­om­kost­nin­ger som om­kost­nin­ger, der af­hol­des for at ef­fek­tu­e­re sal­get. Net­to­re­a­li­sa­tions­vær­di­en fast­sæt­tes un­der hen­syn­ta­gen til om­sæt­te­lig­hed, ku­rans og ud­vik­ling i for­ven­tet salgs­pris. InventoriesInventories are measured at cost according to the FIFO method. In cases when the net realisable value of the inventories is lower than the cost, the latter is written down for impairment to this lower value. Costs of goods for resale, raw materials, and consumables comprise acquisition costs plus delivery costs. The net realisable value for inventories is recognised as the estimated selling price less costs of completion and selling costs. The net realisable value is determined with due consideration of negotiability, obsolescence, and the development of expected market prices. Tilgodehavender Tilgodehavender måles til amortiseret kostpris, hvilket sædvanligvis svarer til nominel værdi. Der nedskrives til nettorealisationsværdien med henblik på at imødegå forventede tab.    Receivables Receivables are measures at amortised cost which usually corresponds to face value. In order to meet expected losses, they are written down for impairment to the net realisable value.    PeriodeafgrænsningsposterPe­ri­o­de­af­græns­nings­pos­ter, som er ind­reg­net un-­der ak­ti­ver, om­fat­ter af­hold­te om­kost­nin­ger ved­rø­ren­de ef­ter­føl­gen­de regn­skabs­år. Prepayments and accrued incomePrepayments and accrued income recognised under assets comprise incurred costs concerning the following financial year. Likvide beholdningerLi­kvi­de be­hold­nin­ger om­fat­ter in­de­stå­en­der i pen-ge­in­sti­tut­ter og kon­tant­be­hold­nin­ger. Cash on hand and demand depositsCash on hand and demand deposits comprise cash at bank and on hand. Egenkapital Equity UdbytteUd­byt­te, som for­ven­tes ud­be­talt for året, vi­ses som en sær­skilt post un­der egen­ka­pi­ta­len. DividendDividend expected to be distributed for the year is recognised as a separate item under equity. Selskabsskat og udskudt skatAk­tu­el­le skat­te­for­plig­tel­ser og til­go­de­ha­ven­de ak-tu­el skat ind­reg­nes i ba­lan­cen som be­reg­net skat af årets skat­te­plig­ti­ge ind­komst, re­gu­le­ret for skat af tid­li­ge­re års skat­te­plig­ti­ge ind­kom­ster og for be­tal­te acon­to­skat­ter. Sel­ska­bet er sam­be­skat­tet med kon­cern­for­bund­ne dan­ske sel­ska­ber. Den ak­tu­el­le sel­skabs­skat for­de­les mel­lem de sam­be­skat­te­de sel­ska­ber i for­hold til dis­ses skat­te­plig­ti­ge ind­kom­ster og med fuld for­de­ling med re­fu­sion ved­rø­ren­de skat­te­mæs­si­ge un­der­skud. De sam­be­skat­te­de sel­ska­ber ind­går i acon­to­skat­te­ord­nin­gen. Skyldige og tilgodehavende sambeskatningsbidrag indregnes i balancen som ”Tilgodehavende selskabsskat” eller "Skyldig selskabsskat”. Ef­ter sam­be­skat­nings­reg­ler­ne hæf­ter Biltema Danmark A/S so­li­da­risk og ube­græn­set over for skat­te­myn­dig­he­der­ne for sel­skabs­skat­ter og kil­de­skat­ter på ren­ter, royal­ties og ud­byt­ter op­stå­et inden for sam­be­skat­nings­kred­sen. Ud­skudt skat må­les ef­ter den ba­lan­ce­ori­en­te­re­de gælds­me­to­de af mid­ler­ti­di­ge for­skel­le mel­lem regn­skabs­mæs­sig og skat­te­mæs­sig vær­di af ak­ti­ver og for­plig­tel­ser op­gjort på grund­lag af den plan­lag­te an­ven­del­se af ak­ti­vet hen­holds­vis af­vik­ling af for­plig­tel­sen. Ud­skudt skat må­les til net­to­rea­li­sa­tions­vær­di. Ud­skud­te skat­te­ak­ti­ver, her­un­der skat­te­vær­di­en af frem­før­sels­be­ret­ti­get skat­te­mæs­sigt un­der­skud, må­les til den vær­di, hvor­til ak­ti­vet for­ven­tes at kun­ne rea­li­se­res, en­ten ved ud­lig­ning i skat af frem­ti­dig ind­tje­ning el­ler ved mod­reg­ning i ud­skud­te skat­te­for­plig­tel­ser in­den for sam­me ju­ri­dis­ke skat­te­en­hed. Even­tu­el­le ud­skud­te net­to­skat­te­ak­ti­ver må­les til net­to­rea­li­sa­tions­vær­di. Income tax and deferred taxCurrent tax liabilities and current tax receivable are recognised in the statement of financial position as calculated tax on the taxable income for the year, adjusted for tax of previous years' taxable income and for tax paid on account. The company is jointly taxed with consolidated Danish companies. The current corporate income tax is distributed between the jointly taxed companies in proportion to their taxable income and with full distribution with reimbursement as to tax losses. The jointly taxed companies are comprised by the Danish tax prepayment scheme. Joint taxation contributions payable and receivable are recognised in the statement of financial position as ”Income tax receivable” or “Income tax payable". According to the rules of joint taxation, Biltema Danmark A/S is unlimitedly, jointly, and severally liable to pay the Danish tax authorities the total income tax, including withholding tax on interest, royalties, and dividends, arising from the jointly taxed group of companies. Deferred tax is measured on the basis of temporary differences in assets and liabilities with a focus on the statement of financial position. Deferred tax is measured at net realisable value. Deferred tax assets, including the tax value of tax losses allowed for carryforward, are recognised at the value at which they are expected to be realisable, either by settlement against tax of future earnings or by set-off in deferred tax liabilities within the same legal tax unit. Any deferred net tax assets are measured at net realisable value. GældsforpligtelserØvrige gælds­for­plig­tel­ser, som om­fat­ter gæld til le­ve­ran­dø­rer, til­knyt­te­de virk­som­he­der samt an­den gæld, må­les til amor­ti­se­ret kost­pris, hvil­ket sæd­van­lig­vis sva­rer til no­mi­nel vær­di. Liabilities other than provisionsOther liabilities concerning payables to suppliers, group enterprises, and other payables are measured at amortised cost which usually corresponds to the nominal value. Pen­ge­strøms­op­gø­rel­sen vi­ser sel­ska­bets pen­ge­strøm­me for­delt på drifts-, in­ve­ste­rings- og fi­nan­sie­rings­ak­ti­vi­tet for året, årets for­skyd­ning i li­kvi­der og li­kvi­der ved årets be­gyn­d­el­se og af­slut­ning. Pengestrømme fra driftsaktivitetPengestrømme fra driftsaktivitet opgøres som selskabets andel af resultatet reguleret for ikke-kontante driftsposter, ændring i driftskapital og betalt  selskabsskat. Pengestrømme fra investeringsaktivitetPen­ge­strøm­me fra in­ve­ste­rings­ak­ti­vi­tet om­fat­ter be­ta­ling i for­bin­del­se med køb og salg af im­ma­te­ri­el­le, ma­te­ri­el­le og fi­nan­si­el­le an­lægs­ak­ti­ver. Pengestrømme fra finansieringsaktivitetPen­ge­strøm­me fra fi­nan­sie­rings­ak­ti­vi­tet om­fat­ter æn­drin­ger i stør­rel­se el­ler sam­men­sæt­ning af sel­ska­bets sel­skabs­ka­pi­tal og om­kost­nin­ger for­bun­det her­med samt op­ta­gel­se af lån, af­drag på ren­te­bæ­ren­de gæld og be­ta­ling af ud­byt­te til sel­skabs­del­ta­ge­re. The cash flow statement shows the cash flows for the year, divided in cash flows deriving from operating activities, investment activities and financing activities, respectively, the changes in the liabilities, and cash and cash equivalents at the beginning and the end of the year, respectively. Cash flows from operating activitiesCash flows from operating activities are calculated as the company's share of the profit adjusted for non-cash operating items, changes in the working capital, and corporate income tax paid. Cash flows from investment activitiesCash flows from investment activities comprise payments in connection with the acquisition and sale of intangible assets, property, plant, and equipment, and investments, respectively. Cash flows from financing activitiesCash flows from financing activities include changes in the size or the composition of the company's share capital and costs attached to it, as well as raising loans, repayments of interest-bearing payables and payment of dividend to shareholders. LikviderLi­kvi­der om­fat­ter li­kvi­de be­hold­nin­ger med fra­drag af kort­fris­tet gæld til pengeinstitutter. Cash and cash equivalentsCash and cash equivalents comprise cash at bank and in hand with deduction of short-term bank debts. 11.Udskudte skatteaktiverDeferred tax assetsUdskudte skatteaktiver 1. januar 2025Deferred tax assets 1 January 2025125.776142.274Udskudt skat af årets resultatDeferred tax of the net profit or loss for the year144.403-16.498 270.179125.776 Det ind­reg­nede skat­te­ak­tiv be­står pri­mært af udskudt skat ved­rø­rende skat­te­mæs­sige under­skud til frem­før­sel. Le­del­sen fo­re­ta­ger skøn over den frem­ti­dige ind­tje­ning i for­bin­delse med vur­de­ringen af om og hvor­når ud­skudte skat­te­ak­tiver vil blive ud­nyt­tet. Le­del­sen har ud­ar­bej­det en plan for ud­nyt­telse af det ind­reg­nede skat­te­ak­tiv. Det ind­reg­nede skat­te­ak­tiv for­ven­tes ud­nyt­tet in­den for de kom­mende 5 år.The recognised tax asset primarily consists of deferred tax relating to tax loss carryforward. Management estimates future earnings in connection with the assessment of whether and when deferred tax assets will be utilised. Management has prepared a plan for the utilisation of the recognised tax asset. The recognised tax asset is expected to be utilised within the next 5 years. 14.Kontraktlige forpligtelser og eventualposter m.v.Contractual obligations and contingencies, etc.Selskabet har indgået uopsigelige huslejekontrakter. Lejekontrakterne har en restløbetid mellem 17 og 57 måneder. De næste 12 måneders forpligtelse udgør t.kr. 124.410 Den samlede restforpligtelse i uopsigelighedsperioden udgør t.kr. 204.771 The company has entered into non-cancellable leases. The leases have a remaining maturity between 17 and 57 months. The next 12 months' commitment amounts to TDKK 124.410 The total commitment for the noncancellable leases amounts to TDKK 282.771  SambeskatningJoint taxationSel­ska­bet ind­går i den na­tio­nale sam­be­skat­ning med Birgma European Service Company ApS, CVR-nr. 28 96 72 68, som er ad­mi­ni­stra­tions­sel­skab og hæf­ter ube­græn­set og so­li­da­risk med de øv­rige sam­be­skat­te­de sel­ska­ber for den sam­le­de sel­skabs­skat.With Birgma European Service Company ApS, company reg. no 28 96 72 68 as administration company, the company is subject to the Danish scheme of joint taxation and unlimitedly, jointly, and severally liable, along with the other jointly taxed companies, for the total corporation tax. Sel­ska­bet hæf­ter ube­græn­set og so­li­da­risk med de øv­rige sam­be­skat­te­de sel­ska­ber for even­tu­el­le for­plig­tel­ser til at in­de­hol­de kil­de­skat på ren­ter, royal­ties og ud­byt­ter.The company is unlimitedly, jointly, and severally liable, along with the other jointly taxed companies, for any obligations to withhold tax on interest, royalties, and dividends. De sambeskattede virksomheders samlede, kendte nettoforpligtelse vedrørende selskabsskat fremgår af årsrapporten for administrationsselskabet. The jointly taxed companies' total know net liability to the Danish Tax Authorities is disclosed in the financial statements of the administration company.  Even­tu­el­le se­ne­re kor­rek­tio­ner af sel­skabs­skat­ter el­ler kil­de­skat­ter mv. vil kun­ne med­fø­re, at sel­ska­bets hæf­tel­se ud­gør et an­det be­løb.Any subsequent adjustments of corporate taxes or withholding tax, etc., may result in changes in the company's liabilities. 15.Nærtstående parterRelated partiesBestemmende indflydelseControlling interest Biltema Holding B.V., Westermarkt 2, 1016 DK Amsterdam, HollandHovedaktionærMajority shareholder TransaktionerTransactionsTransaktioner med nærtstående parter er foregået på normale markedsvilkår. Der gives derfor ikke yderligere oplysninger.Transactions with related parties have been carried out on an arm's lenght basis. Accordingly, no further disclosures are required. KoncernregnskabConsolidated financial statementsSelskabet indgår i koncernregnskabet for Biltema Holding B.V., Westermarkt 2, 1016 DK Amsterdam, Holland. Koncernregnskabet kan rekvireres ved henvendelse til selskabet.The company is included in the consolidated financial statements of Biltema Holdin gB.V., Westermarkt 2, 1016 DK Amsterdam, Holland. The consolidated financial statements can be provided upon request to the company.