32650074 2025-01-01 2025-12-31 32650074 2025-01-01 2025-12-31 32650074 2025-01-01 2025-12-31 1 32650074 2025-01-01 2025-12-31 1 32650074 2025-01-01 2025-12-31 2 32650074 2025-01-01 2025-12-31 3 32650074 2025-01-01 2025-12-31 1 32650074 2025-01-01 2025-12-31 2 32650074 2024-01-01 2024-12-31 32650074 2025-12-31 32650074 2024-12-31 iso4217:DKK xbrli:pure 2025-01-01 2025-12-31 2026-02-17 inforevision statsautoriseret revisionsaktieselskab 2860 Søborg Buddingevej 312 2024-01-01 2024-12-31 PLM Group ApS 32650074 Annual report Jörgen Pehr Niklas Fredsson PLM Group ApS 32650074 Jan Olov Lundström Jörgen Pehr Niklas Fredsson Jan Olov Lundström Magnus Nils Jönsson Simon Høgenhav State Authorized Public Accountant Christian Størling State Authorised Public Accountant PLM Group is the largest Das­sault Sys­tems/Solid­Works value added reseller in North­ern Europe serv­ing approx. 7,000 cus­tomers from a wide range of indus­tries. PLM Group makes cus­tomers more com­pet­it­ive by imple­ment­ing solu­tions based on PLM applic­a­tion soft­ware into their entire value chain.The intu­it­ive and high torques solu­tions gen­erate 3D cap­ab­il­it­ies to sell, design, man­u­fac­ture, deliver and ser­vice bet­ter products, faster and more cost-effect­ively.Since 2014, PLM Group is also a reseller of industry lead­ing 3D print­ers. Our focus dur­ing 2025 has been on hand­ling the eco­nomic uncer­tainty due to the war in Ukraine and the effects the new US admin­is­tra­tion has had on world trade and secur­ity as well as con­tinu­ing the trans­ition to a Soft­ware as a Ser­vice busi­ness model. Dur­ing the year IPES A/S, a Dan­ish soft­ware con­sult­ant and reseller, has been acquired and Cad­Sys Scand­inavia ApS has been merged with PLM Group Den­mark A/S. Con­sid­er­ing the quite tur­bu­lent eco­nomic cli­mate and the chan­ging busi­ness model, man­age­ment is pleased with the Groups’ per­form­ance. Impair­ment assess­ments have been made in all sub­si­di­ar­ies where the car­ry­ing value of the shares exceed the equity in the sub­si­di­ary. The assess­ment is based on a stand­ard­ized DFC cal­cu­la­tion. In the cal­cu­la­tion a WACC of 10.1% has been applied which is con­sidered con­ser­vat­ive in the respect­ive mar­kets. Growth rate in the terminal period has been set to 2%. Based on this the valu­a­tion of the invest­ments are still con­sidered to be aligned with the ini­tial plans in and the car­ry­ing value of the invest­ments are not con­sidered impaired. The Board of Dir­ect­ors and The Exec­ut­ive Board have today con­sidered and adop­ted the annual report for 1 Janu­ary 2025 - 31 Decem­ber 2025 for PLM Group ApS. PLM Group ApS The annual report is pre­pared in accord­ance with the Dan­ish Fin­an­cial State­ments Act. In our opin­ion, the fin­an­cial state­ments give a true and fair view of the the com­pany's fin­an­cial pos­i­tion at 31 Decem­ber 2025 and of the res­ults of its opera­tions for the fin­an­cial year 1 Janu­ary 2025 - 31 Decem­ber 2025. We believe that the Man­age­ment's review con­tains a fair review of the affairs and condi­tions referred to therein. We recom­mend that the annual report be adop­ted at the Annual Gen­eral Meet­ing. Jan Olov Lundström Executive director Jörgen Pehr Niklas Fredsson Chairman Jan Olov Lundström Board member Magnus Nils Jönsson Board member To the share­holder in PLM Group ApS PLM Group ApS Opinion We have audited the fin­an­cial state­ments of PLM Group ApS for the fin­an­cial year 1 Janu­ary 2025 - 31 Decem­ber 2025, which com­prise a sum­mary of sig­ni­fic­ant account­ing policies, income state­ment, bal­ance sheet, state­ment of changes in equity and notes. 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 com­pany's fin­an­cial pos­i­tion as at 31 Decem­ber 2025 and of the res­ults of the com­pany's opera­tions for the fin­an­cial year 1 Janu­ary 2025 - 31 Decem­ber 2025 in accord­ance with the Dan­ish Fin­an­cial State­ments Act. PLM Group ApS Basis for Opinion We con­duc­ted our audit in accord­ance with Inter­n­a­tional Stand­ards on Audit­ing (ISAs) and 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 this aud­itor’s report. We are inde­pend­ent of the com­pany in accord­ance with the Inter­n­a­tional Eth­ics Stand­ards Board of Account­ants' Code of Eth­ics for Pro­fes­sional Account­ants (IESBA Code) and the addi­tional require­ments applic­able in Den­mark, and we have ful­filled our other eth­ical respons­ib­il­it­ies in accord­ance with these require­ments and IESBA Code. We believe that the audit evid­ence we have obtained is suf­fi­ci­ent and appro­pri­ate to provide a basis for our opin­ion. 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, for dis­clos­ing, as applic­able, mat­ters related to going con­cern, and for using the going con­cern basis of account­ing in pre­par­ing the fin­an­cial state­ments unless Man­age­ment either intends to liquid­ate the com­pany or to cease opera­tions, or has no real­istic altern­at­ive but to do so. Our 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 con­tent of the fin­an­cial state­ments, includ­ing the dis­clos­ures in the notes, 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. 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 Fin­an­ci­als 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. Søborg 2026-02-12 inforevision statsautoriseret revisionsaktieselskab inforevision statsautoriseret revisionsaktieselskab 19263096 19263096 Simon Høgenhav State Authorized Public Accountant mne33745 Christian Størling State Authorised Public Accountant mne52097 The annual report has been pre­pared in accord­ance with Dan­ish fin­an­cial state­ment legis­la­tion as well as gen­erally accep­ted account­ing prin­ciples. The annual report has been pre­pared in accord­ance with the pro­vi­sions of the Dan­ish Fin­an­cial State­ments Act govern­ing Reporting class B.Some pro­vi­sions from report­ing class C has been adop­ted.The account­ing policies have not been changed from last year. Reporting class B Con­sol­id­ated fin­an­cial state­ments has not been pre­pared in accord­ance with the Dan­ish Fin­an­cial State­ment Act sec­tion 112 due to the com­pany is included in the con­sol­id­ated fin­an­cial state­ments for Pronect AB, BOX 423, SE- 331 24 Värnamo, Sweden. The fin­an­cial state­ments have been pre­pared based on his­t­or­ical cost.The income is recog­n­ised in the income state­ment as earned. Fur­ther­more, value adjust­ments of fin­an­cial assets and liab­il­it­ies meas­ured at fair value or amort­ised cost are recog­n­ised. Moreover, all expenses incurred to achieve the earn­ings for the year are recog­n­ised in the income state­ment, includ­ing depre­ci­a­tion, amort­isa­tion, impair­ment losses and pro­vi­sions as well as reversals due to changed account­ing estim­ates of amounts that have pre­vi­ously been recog­n­ised in the income state­ment.Assets are recog­n­ised in the bal­ance sheet when it is prob­able that future eco­nomic bene­fits attrib­ut­able to the asset will flow to the com­pany, and the value of the asset can be meas­ured reli­ably. Liab­il­it­ies are recog­n­ised in the bal­ance sheet when it is prob­able that future eco­nomic bene­fits will flow out of the com­pany, and the value of the liab­il­ity can be meas­ured reli­ably.Assets and liab­il­it­ies are ini­tially meas­ured at cost. Sub­sequently, assets and liab­il­it­ies are meas­ured as described for each item below.Cer­tain fin­an­cial assets and liab­il­it­ies are meas­ured at amort­ised cost, which involves the recog­n­i­tion of a con­stant effect­ive interest rate over the matur­ity period. Amort­ised cost is cal­cu­lated as ori­ginal cost less any repay­ments and with addi­tion/deduc­tion of the cumu­lat­ive amort­isa­tion of any dif­fer­ence between cost and the nom­inal amount. In this way, cap­ital losses and gains are alloc­ated over the matur­ity period.Recog­n­i­tion and meas­ure­ment take into account pre­dict­able losses and risks occur­ring before the present­a­tion of the annual report which con­firm or inval­id­ate affairs and condi­tions exist­ing at the bal­ance sheet date.The func­tional cur­rency is Dan­ish Kroner. All other cur­ren­cies are con­sidered for­eign cur­ren­cies. Dur­ing the year, trans­ac­tions in for­eign cur­ren­cies have been trans­lated apply­ing the exchange rate at the trans­ac­tion date. If cur­rency pos­i­tions are con­sidered hedge of future cash flows, the value adjust­ments are recog­n­ised dir­ectly in equity.Receiv­ables and debt denom­in­ated in for­eign cur­ren­cies have been recog­n­ised at the exchange rate of the bal­ance sheet date.Real­ised and unreal­ised exchange gains and losses have been recog­n­ised in the income state­ment under other fin­an­cial income and expenses. Gross profit/loss includes "External expenses". External expenses com­prises Admin­is­trat­ive expenses. Income from invest­ments in group enter­prises com­prises the dividends received for the year as well as impair­ment losses on invest­ments in group enter­prises in the fin­an­cial year. Fin­an­cial income is recog­n­ised with amounts con­cern­ing the fin­an­cial year. Fin­an­cial income com­prise interest, real­ised and unreal­ised exchange gains as well as interest reim­burse­ments under the Dan­ish Tax Pre­pay­ment Scheme. Fin­an­cial expenses is recog­n­ised with amounts con­cern­ing the the fin­an­cial year. Fin­an­cial expenses com­prise interest, real­ised and unreal­ised exchange losses as well as interest sur­charge under the Dan­ish Tax Pre­pay­ment Scheme. Tax on profit or loss for the year rep­res­ents 22% of the book profit or loss adjus­ted for non-tax­able and non-deduct­ible items. Tax on profit or loss for the year con­sists of the anti­cip­ated tax por­tion of the tax­able income for the year adjus­ted for the changes for the year in deferred tax. Changes in deferred taxes due to adjust­ments of tax rates is recog­n­ised in the income state­ment. Tax on profit or loss for the year is recog­n­ised in the income state­ment by the por­tion attrib­ut­able to the profit or loss for the year and recog­n­ised dir­ectly in equity by the por­tion attrib­ut­able to entries dir­ectly in equity. The com­pany is sub­ject to the Dan­ish Tax Pre­pay­ment Scheme. Interest reim­burse­ment and interest sur­charge have been recog­n­ised in fin­an­cial income and expenses. The bal­ance sheet has been presen­ted in account form. Invest­ments in group enter­prises have been meas­ured at cost. In the event, the cost exceeds the recover­able amount, a write­down is made to this lower value. Indic­a­tions of impair­ment exists for example when dividends exceed the accu­mu­lated earn­ings since the acquis­i­tion or when the cost exceeds the net asset value of the invest­ments in group enter­prises. Recover­able amount used is the highest value of the expec­ted net sales price and cap­ital value. Cap­ital value is determ­ined as the present value of the expec­ted net cash flow from the pos­ses­sion of the indi­vidual invest­ments.Impair­ment for losses for the year are recog­n­ised in the income state­ment as income from invest­ments in group enter­prise. Receiv­ables are meas­ured in the bal­ance sheet at the lower of amort­ised cost and net real­is­able value, which cor­responds to nom­inal value less pro­vi­sions for bad debts. Pro­vi­sions for bad debts are determ­ined on the basis of an indi­vidual assess­ment of each receiv­able. Dividend dis­tri­bu­tion pro­posed by Man­age­ment for the year is dis­closed as a sep­ar­ate equity item. Deferred tax is meas­ured using the bal­ance sheet liab­il­ity method. Pro­vi­sion has been made for deferred tax by 22% on all tem­por­ary dif­fer­ences between car­ry­ing amount and tax-based value of assets and liab­il­it­ies. Deferred tax is also meas­ures with respect of the planned use of the asset and the set­tle­ment of the liab­il­ity. The tax value of the tax losses to be car­ried for­ward are included in the cal­cu­la­tion of deferred taxes if it is prob­able that the losses can be used. Deferred tax assets are meas­ured at net real­is­able value.The com­pany is Man­age­ment com­pany in a joint tax­a­tion with other Dan­ish group enter­prises. The tax effect of the joint tax­a­tion is alloc­ated among the group enter­prises in ratio to their tax­able income accord­ing to the rules on full alloc­a­tion with a refund for tax losses of the Dan­ish Cor­por­a­tion Tax Act. Cor­por­a­tion tax relat­ing to the fin­an­cial year which has not been settled at the bal­ance sheet date is to be clas­si­fied as cor­por­a­tion tax in receiv­ables or liab­il­it­ies other than pro­vi­sions. Joint tax con­tri­bu­tions between the jointly taxed com­pan­ies which have not been settled at the bal­ance sheet date are clas­si­fied as joint tax con­tri­bu­tions in receiv­ables or liab­il­it­ies other than pro­vi­sions. Short-term debts are meas­ured at amort­ised cost, sub­stan­tially cor­respond­ing to nom­inal value. -96516 -96039 28945004 13677801 52438 350459 7388095 8351089 21512831 5581132 -1642053 -1778949 23154884 7360081 3154884 -2639919 168729983 150185189 168729983 150185189 168729983 150185189 2822 130688 0 720874 3075029 1846075 3077851 2697637 3077851 2697637 171807834 152882826 250000 250000 7405619 4250735 20000000 10000000 27655619 14500735 141903489 138302716 1174976 0 0 0 1073750 79375 144152215 138382091 144152215 138382091 171807834 152882826  Con­trib­uted cap­italRetained earn­ingsPro­posed dividend recog­n­ised in equityTotal DKKDKKDKKDKK     Equity at 1 Janu­ary 2024250.0006.890.65440.000.00047.140.654Dividends paid 0-40.000.000-40.000.000Dis­trib­uted profit/loss for the year -2.639.91910.000.0007.360.081Equity at 1 Janu­ary 2025250.0004.250.73510.000.00014.500.735Dividends paid 0-10.000.000-10.000.000Dis­trib­uted profit/loss for the year 3.154.88420.000.00023.154.884Equity at 31 Decem­ber 2025250.0007.405.61920.000.00027.655.619     20252024 DKKDKK   Average num­ber of full-time employ­ees00       0 0  20252024 DKKDKK   Fin­an­cial income from group enter­prises20.032239.692Other fin­an­cial income32.406110.767Total52.438350.459 20032 239692 32406 110767  20252024 DKKDKK   Fin­an­cial expenses to group enter­prises7.272.3908.063.667Other fin­an­cial expenses115.705287.422Total7.388.0958.351.089 7272390 8063667 115705 287422        Cor­por­a­tion taxJoint tax con­tri­bu­tionDeferred taxTax on profit/loss for the year2024 DKKDKKDKKDKKDKK      Pay­ables at 1 Janu­ary 2025-720.874-1.846.0750  Paid in respect of pre­vi­ous years720.8741.846.075   Tax on profit/loss for the year1.432.976-3.075.0290-1.642.053-1.778.949Pre­paid tax-258.0000   Pay­ables at 31 Decem­ber 20251.174.976-3.075.0290  Tax on profit/loss for the year recog­n­ised in the income state­ment   -1.642.053-1.778.949      Recog­n­i­tion in bal­ance sheet:     Short-term receiv­ables (cur­rent asset)0-3.075.0290  Short-term pay­ables1.174.9760   Total1.174.976-3.075.0290    Invest­ments in group enter­prisesTotal2024 DKKDKKDKK    Cost at 1 Janu­ary 2025150.185.189150.185.189150.185.189Addi­tions for the year18.544.79418.544.7940Cost at 31 Decem­ber 2025168.729.983168.729.983150.185.189    Car­ry­ing amount at 31 Decem­ber 2025168.729.983168.729.983150.185.189       Accord­ing to annual report Equity interestProfit/loss for the yearEquity  DKKDKK    PLM Group Dan­mark A/S, Den­mark100%6.079.12416.669.654IPES A/S, Den­mark100%4.470.3246.384.666PLM Group Eesti OÜ, Esto­nia100%1.453.9783.411.398PLM Group Latvija SIA, Lativia100%2.099.1122.784.145PLM Group Sverige AB, Sweden100%15.975.44932.197.462PLM Group Norge AS, Nor­way100%9.465.77615.244.544PLM Group Suomi OY, Fin­land100%4.650.43612.812.353 PLM Group ApS are jointly taxed with other group com­pan­ies and are sev­erally liable for tax on the jointly taxed incomes etc. of the group. Moreover, the group com­pan­ies are jointly and sev­erally liable for Dan­ish with­hold­ing taxes by way of tax on interest, dividend tax and tax on roy­alty pay­ments. Any sub­sequent adjust­ments of cor­por­a­tion taxes and with­hold­ing taxes may increase the the com­pany's liab­il­ity. PLM Group ApS The com­pany is included in the con­sol­id­ated report for the par­ent com­pan­ies:  The smal­lest group: Pronect AB BOX 423 SE 331 24 Värnamo Sweden   The con­sol­id­ated fin­an­cial state­ments of Pronect AB can be obtained by con­tact­ing the com­pany at the address above. Revisionspåtegning 19263096 inforevision statsautoriseret revisionsaktieselskab Buddingevej 312 2860 Søborg 2026-02-17 2025-01-01 2025-12-31 2024-01-01 2024-12-31