44569736 2025-01-01 2025-12-31 44569736 2025-01-01 2025-12-31 1 44569736 2024-01-17 2024-12-31 44569736 2025-12-31 44569736 2024-12-31 44569736 2025-01-01 d:InvestmentsInGroupEnterprisesMember 44569736 2024-01-17 d:InvestmentsInGroupEnterprisesMember 44569736 2025-01-01 2025-12-31 d:InvestmentsInGroupEnterprisesMember 44569736 2024-01-17 2024-12-31 d:InvestmentsInGroupEnterprisesMember 44569736 2025-12-31 d:InvestmentsInGroupEnterprisesMember 44569736 2024-12-31 d:InvestmentsInGroupEnterprisesMember 44569736 2025-01-01 2025-12-31 d:SubsidiaryMember 1 44569736 2025-12-31 d:SubsidiaryMember 1 44569736 2025-01-01 d:ContributedCapitalMember 44569736 2024-01-17 d:ContributedCapitalMember 44569736 2025-01-01 2025-12-31 d:ContributedCapitalMember 44569736 2024-01-17 2024-12-31 d:ContributedCapitalMember 44569736 2025-12-31 d:ContributedCapitalMember 44569736 2024-12-31 d:ContributedCapitalMember 44569736 2025-01-01 2025-12-31 d:SharePremiumMember 44569736 2024-01-17 2024-12-31 d:SharePremiumMember 44569736 2025-01-01 d:RetainedEarningsMember 44569736 2024-01-17 d:RetainedEarningsMember 44569736 2025-01-01 2025-12-31 d:RetainedEarningsMember 44569736 2024-01-17 2024-12-31 d:RetainedEarningsMember 44569736 2025-12-31 d:RetainedEarningsMember 44569736 2024-12-31 d:RetainedEarningsMember 44569736 2025-01-01 2025-12-31 1 iso4217:DKK xbrli:pure Årsrapport 30700228 EY Godkendt Revisionspartnerselskab,  Dalgasgade, 27, 3. sal 7400, Herning 2024-01-17 2024-12-31 2025-01-01 2025-12-31 44569736 NoHo TT Holding ApS Ny Vestergade 7, 1 1471 København K EY Godkendt Revisionspartnerselskab,  30700228 Morten Østergaard Koch Statsaut. revisor mne35420 Dalgasgade 27, 3. sal 7400 Herning Danmark 2026-05-26 Eddy Karen Egizarian Regnskabsklasse B Revisionspåtegning Ja CaseWare fra Revisorgruppen Danmark anpartshaverne Herning 2026-05-26 Copenhagen 2026-05-26 Grundlag for konklusion Konklusion -61950 -69084 -61950 -69084 46069 0 1576693 138115 -1592574 -207199 -132065 -203986 -1460509 -3213 -1460509 -3213 64500000 67500000 64500000 67500000 64500000 67500000 5716720 143750 336051 203986 1180 939431 6053951 1287167 6053951 1287167 70553951 68787167 0 41000 40000 11035278 -3213 11076278 36787 48647440 0 10779833 5112500 59427273 5112500 50400 1006 0 11136874 0 2500000 0 50000000 50400 63637880 59477673 68750380 70553951 68787167 0 0 1308025 25026 268668 113089 1576693 138115 67500000 67500000 3000000 0 64500000 67500000 64500000 67500000 Triple Trading ApS København 51 54028087 17217020 40000 -12460000 1000 12500000 41000 40000 12499000 0 12499000 0 -3213 0 -1460509 -3213 12499000 0 11035278 -3213 Today, the managing director has presented the annual report of NoHo TT Holding ApS for the financial year 1 January - 31 December 2025. The annual report has been presented in accordance with the Danish Financial Statements Act. I consider the accounting policies appropriate and, in my opinion, the financial statements provide a fair presentation of the company’s assets, equity and liabilities, and financial position at 31 December 2025 and of the company’s results of activities  in the financial year 1 January – 31 December 2025. I am of the opinion that the management commentary presents a fair account of the issues dealt with. We recommend that the annual report be approved at the Annual General Meeting. Daniel Vesti Knuttel We have audited the financial statements of NoHo TT Holding ApS for the financial year 1 January - 31 December 2025, which comprise income statement, balance sheet, statement of changes in equity and notes, including accounting policies. The financial statements are prepared in accordance with 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 for the financial year 1 January - 31 December 2025 in accordance with the Danish Financial Statements Act. Basis for opinionWe 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 our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. IndependenceWe 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.  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. 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. 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. Description of key activities of the companyThe purpose of the company is to own investments in other companies as well as companies that, in the opinion of the Executive Board, are related to this.  Development in activities and financial mattersThe gross loss for the year totals DKK -61.950 against DKK -69.084 last year. Profit or loss from ordinary activities after tax totals DKK -1.460.509 against DKK -3.213 last year. Management does not considers the net profit or loss for the year satisfactory. Events subsequent to the financial yearNo events materially affecting the assessment of the Annual Report have occurred after the balance sheet date.  7.Charges and securityCharges amd security include a guarantee provided by the Company for group-related companies' balances with SJF Bank to an amount of TDKK 85,000 as at 31 December 2025.  8.Contractual obligations and contingencies, etc.Joint taxationWith Nordic Hospitality Partners Denmark A/S, company reg. no 39427958 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. 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. The jointly taxed enterprises' total known net liability to the Danish tax authorities emerges from the financial statements of the administration company. Any subsequent adjustments of corporate taxes or withholding tax, etc., may result in changes in the company's liabilities. 9.Related partiesConsolidated financial statementsThe company is included in the consolidated financial statements of NoHo Partners Oyj, Hatanpään Valtatie 1B FI 33100.  The annual report for NoHo TT Holding ApS has been presented in accordance with the Danish Financial Statements Act regulations concerning reporting class B enterprises. Furthermore, the company has decided to comply with certain rules applying to reporting class C enterprises. The accounting policies are unchanged from last year, and the annual report is presented in DKK. No  consolidated  financial  statements  have  been  prepared  pursuant  to  section  112  (1)  of  the  Danish Financial Statements Act. Pursuant  to  section  86  (4)  of  the  Danish  Financial  Statements  Act,  no  statement  of  cash  flows  for  the enterprise  has  been  prepared,  as  the  relevant  information  is  included  in  the  consolidated  financial statements of NoHo Partners Oyj. Correction of comparative figures Debt to group enterprises in the comparative figures have been reclassified to Payables to shareholders and management amounting to TDKK 5.113.  Gross lossThe company had adopted § 32 from the Danish Finansial Statements Act.  Gross loss comprises external cost. Other external costsOther external costs comprise costs administration. Results from equity investments Dividend from equity investments is recognised in the financial year in which the dividend is declared. Financial income and expensesFinancial income and expenses are recognised in the income statement with the amounts concerning the financial year.  Tax for the yearThe tax for the year comprises the current tax for the year and the changes in deferred tax, and it is recognised in the profit and loss account with the share referring to the results for the year and directly in the equity with the share referring to entries directly on the equity. The company is subject to the Danish legislation concerning compulsory joint taxation with the Danish group enterprises. The current Danish corporate tax is allocated among the jointly taxed companies in proportion to their respective taxable income (full allocation with reimbursement of tax losses). Investments in subsidiariesEquity investments are recognised and measured at cost. If the recoverable amount is lower than the cost price, it shall be written down for impairment to this lower value. Impairment loss relating to non-current assetsThe book values of equity investments in subsidiaries enterprises are subject to annual impairment tests in order to disclose any indications of impairment beyond those expressed by amortisation respectively. If indications of impairment are disclosed, impairment tests are carried out for each individual asset or group of assets, respectively. Writedown for impairment is done to the recoverable amount if this value is lower than the carrying amount. The recoverable value is equal to the value of the net selling price or the value in use, whichever is higher. The value in use is determined a the present value of the expected net cash flow deriving from the use of the asset or the group of assets.  Previously recognised impairment losses are reversed when conditions for impairment no longer exist.  ReceivablesReceivables are measured at amortised cost, which usually corresponds to nominal value. In order to meet expected losses, impairment takes place at the net realisable value. The company has chosen to use IAS 39 as a basis for interpretation when recognising impairment of financial assets, which means that impairments must be made to offset losses where an objective indication is deemed to have occurred that an account receivable or a portfolio of accounts receivable is impaired.If an objective indication shows that an individual account receivable has been impaired, an impairment takes place at individual level. Accounts receivable for which there is no objective indication of impairment at the individual level are evaluated at portfolio level for objective indication of impairment. The portfolios are primarily based on the debtors' domicile and credit rating in accordance with the company's and the group's credit risk management policy. Determination of the objective indicators applied for portfolios are based on experience with historical losses. Impairment losses are calculated as the difference between the carrying amount of accounts receivable and the present value of the expected cash flows, including the realisable value of any securities received. The effective interest rate for the individual account receivable or portfolio is used as the discount rate. EquityShare premiumShare premium comprises premium payments made in connection with the issue of shares. Costs incurred for carrying through an issue are deducted from the premium. The premium reserve can be used for dividend, for issuing bonus shares, and for covering losses. DividendDividend expected to be distributed for the year is recognised as a separate item under equity. 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 ”Tax receivables from group enterprises" or "Income tax payable to group enterprises" According to the rules of joint taxation, NoHo TT Holding ApS 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. Adjustments take place in relation to deferred tax concerning elimination of unrealised intercompany gains and losses. Deferred tax is measured based on the tax rules and tax rates applying under the legislation prevailing in the respective countries on the reporting date when the deferred tax is expected to be released as current tax. Changes in deferred tax due to changed tax rates are recognised in the income statement, except for items included directly in the equity. 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. Liabilities other than provisionsFinancial liabilities other than provisions related to borrowings are recognised at the received proceeds less transaction costs incurred. In subsequent periods, the financial liabilities are recognised at amortised cost, corresponding to the capitalised value when using the effective interest rate. The difference between the proceeds and the nominal value is recognised in the income statement during the term of the loan. Other liabilities concerning payables to suppliers, group enterprises, and other payables are measured at amortised cost which usually corresponds to nominal value.