43168770 2025-01-01 2025-12-31 43168770 2025-01-01 2025-12-31 1 43168770 2025-01-01 2025-12-31 1 43168770 2025-01-01 2025-12-31 2 43168770 2024-01-01 2024-12-31 43168770 2025-12-31 43168770 2024-12-31 43168770 2024-12-31 fsa:ContributedCapitalMember 43168770 2024-12-31 fsa:RetainedEarningsMember 43168770 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 43168770 2025-12-31 fsa:ContributedCapitalMember 43168770 2025-12-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Annual report 2026-05-12 Niels Jensen The Executive Board has today considered and approved the annual report of ExMon Software Denmark ApS for the financial year 01.01.2025 - 31.12.2025. The annual report is presented in accordance with the Danish Financial Statements Act. In my opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2025 and​of the results of its operations for the financial year 01.01.2025 - 31.12.2025. I believe that the management commentary contains a fair review of the affairs and conditions referred to therein. I consider the preconditions for not auditing the financial statements for the financial year 01.01.2025 - 31.12.2025 to be complied with. I recommend the annual report for adoption at the Annual General Meeting. Aarhus Alexandra Jane Bosson To Management of ExMon Software Denmark ApS We have compiled the financial statements of ExMon Software Denmark ApS for the financial year 01.01.2025 - 31.12.2025 based on the Entity’s bookkeeping records and other information Management has ​provided. ​​ ​​These financial statements comprise the income statement, balance sheet, statement of changes in equity, notes and a summary of significant accounting policies. ​​ ​​We performed this compilation engagement in accordance with ISRS 4410, Compilation Engagements. ​​ ​​We have applied our expertise in accounting and financial reporting to assist Management in the preparation ​​and presentation of these financial statements in accordance with the Danish Financial Statements Act. We have complied with relevant provisions of the Danish Public Accountants Act and the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code), including principles of integrity, objectivity, professional competence and due care. ​​These financial statements and the accuracy and completeness of the information used to compile the financial ​​statements are Management’s responsibility. ​​Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy ​​or completeness of the disclosures Management provided to us to compile these financial statements. ​Accordingly, we do not express an audit opinion or a review conclusion about whether the financial statements ​​have been prepared in accordance with the Danish Financial Statements Act. Copenhagen Deloitte Statsautoriseret Revisionspartnerselskab Deloitte Statsautoriseret Revisionspartnerselskab 33963556 33963556 Hans Tauby State Authorised Public Accountant mne44339 Marcus Rathje State Authorised Public Accountant mne51483 Primary activitiesThe company's main activities are software development, development and sales, consulting and services within software, asset management, and related business. Events after the balance sheet dateNo events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report. -154695 218742 0 477032 13409 13807 -168104 -272097 115562 397227 421961 208009 -474503 -82879 -474503 -82879 -474503 -82879 0 0 57872 71281 57872 71281 0 0 0 0 9900 9900 9900 9900 67772 81181 0 106517 2479900 2394528 2788 1036 2482688 2502081 2482688 2502081 2550460 2583262 40000 40000 -3047141 -2572638 -3007141 -2532638 3292 1786 60000 40000 5494309 5072631 0 1483 5557601 5115900 5557601 5115900 2550460 2583262 40000 -2572638 -2532638 -474503 -474503 40000 -3047141 -3007141 1 Staff costs2025​DKK2024​DKKWages and salaries0426,259Pension costs045,955Other social security costs04,8180477,032Average number of full-time employees02 0 2 2 Depreciation, amortisation and impairment losses2025​DKK2024​DKKAmortisation of intangible assets13,4093,529Depreciation of property, plant and equipment010,27813,40913,807 3 Other financial income ​2025​DKK2024​DKKFinancial income from group enterprises115,52235,635Exchange rate adjustments40361,592115,562397,227 4 Other financial expenses2025​DKK2024​DKKFinancial expenses from group enterprises246,2650Other interest expenses175,696208,009421,961208,009 5 Intangible assetsCompleted development projects​DKKAcquired trademarks​DKKCost beginning of year14,50084,691Cost end of year14,50084,691Amortisation and impairment losses beginning of year(14,500)(13,410)Amortisation for the year0(13,409)Amortisation and impairment losses end of year(14,500)(26,819)Carrying amount end of year057,872 6 Property, plant and equipmentOther fixtures and fittings, tools and equipment​DKKCost beginning of year403,982Cost end of year403,982Depreciation and impairment losses beginning of year(403,982)Depreciation and impairment losses end of year(403,982)Carrying amount end of year0 7 Financial assetsDeposits​DKKCost beginning of year9,900Cost end of year9,900Carrying amount end of year9,900 8 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement where TimeXtender Intressenter ApSserves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is​therefore liable for income taxes etc. for the jointly taxed entities, and for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements. This annual report has been presented in accordance with the provisions of the Danish Financial Statements ​Act governing reporting class B enterprises with addition of a few provisions for reporting class C.The accounting policies applied to these financial statements are consistent with those applied last year. Adjustments in comparative figuresCertain changes have been made to the presentation of comparative figures between other investment assets, completed development projects and aquired trademarks. These changes have no impact on the profit/loss for the year or the total equity, but are solely presentational changes between individual financial statement lines. Recognition and measurementAssets are recognised in the balance sheet when it is probable as a result of a prior event that future economic ​benefits will flow to the Entity, and the value of the asset can be measured reliably. ​​Liabilities are recognised in the balance sheet when the Entity has a legal or constructive obligation as a ​result of a prior event, and it is probable that future economic benefits will flow out of the Entity, and the ​value of the liability can be measured reliably. ​​On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial ​recognition is effected as described below for each financial statement item. ​​Anticipated risks and losses that arise before the time of presentation of the annual report and that confirm ​or invalidate affairs and conditions existing at the balance sheet date are considered at recognition and ​measurement. ​​Income is recognised in the income statement when earned, whereas costs are recognised by the amounts ​attributable to this financial year. Gross profit or lossGross profit or loss comprises revenue and external expenses. RevenueRevenue from the sale of services is recognised in the income statement when delivery is made to the buyer. Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed. Other external expensesOther external expenses include expenses relating to the Entity’s normal activities, including expenses for ​premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of receivables recognised in current assets. Staff costsStaff costs comprise salaries and wages, and social security contributions, pension contributions, etc . for entity staff. Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses relating to property, plant and equipment and intangible ​assets comprise depreciation, amortisation and impairment losses for the financial year. Other financial incomeOther financial income comprises interest income, including interest income on receivables from group enterprises, net capital or exchange gains on securities, payables and transactions in foreign currencies. Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on payables to group ​enterprises, net capital or exchange losses on securities, payables and transactions in foreign currencies,. Intellectual property rights etc.Intellectual property rights etc. comprise development projects completed with related intellectual property rights.Development projects on clearly defined and identifiable products and processes, for which the technical rate ​of utilisation, adequate resources and a potential future market or development opportunity in the enterprise ​can be established, and where the intention is to manufacture, market or apply the product or process in question, are recognised as intangible assets. Other development costs are recognised as costs in the income ​statement as incurred. When recognising development projects as intangible assets, an amount equalling ​the costs incurred less deferred tax is taken to equity in the reserve for development costs that is reduced ​as the development projects are amortised and written down.​​ ​​The cost of development projects comprises costs such as external expenses and amortisation that are directly and indirectly attributable to the development projects.​​​Completed development projects are amortised on a straight-line basis using their estimated useful lives ​which are determined based on a specific assessment of each development project. If the useful life cannot ​be estimated reliably, it is fixed at 10 years. For development projects protected by intellectual property rights, the maximum period of amortisation is the remaining duration of the relevant rights. The amortisation periods used are 3 years. Intellectual property rights acquired are measured at cost less accumulated amortisation. Patents are amortised on a straight-line basis over their remaining duration, and licences are amortised over the term of the agreement.​ ​Intellectual property rights etc. are written down to the lower of recoverable amount and carrying amount. Property, plant and equipmentOther fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses. Land is not depreciated.​​Cost comprises the acquisition price, costs directly attributable to the acquisition and preparation costs of the asset until the time when it is ready to be put into operation. ​​The basis of depreciation is cost less estimated residual value after the end of useful life. Straight-line depreciation is made on the basis of the following estimated useful lives of the assets:Useful life Other fixtures and fittings, tools and equipment3-5 yearsEstimated useful lives and residual values are reassessed annually. ​​Items of property, plant and equipment are written down to the lower of recoverable amount and carrying ​amount. ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and ​doubtful debts. Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. true 2026-04-22 2026-04-22 true 2024-01-01 2024-12-31 København S 2300 6 Weidekampsgade Aarhus Aarhus C 8000 Regnskabsklasse B Andre erklæringer uden sikkerhed 2025-12-31 2025-01-01 Mariane Thomsens Gade 4B, 3. ExMon Software Denmark ApS 43168770 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab