iso4217:DKK400148372023-01-012023-12-31400148372023-01-012023-12-311400148372023-01-012023-12-311400148372023-01-012023-12-31400148372022-01-012022-12-31400148372023-01-012023-12-31fsa:RetainedEarningsMember400148372023-12-31400148372022-12-31400148372023-01-01fsa:ContributedCapitalMember400148372023-01-01fsa:RetainedEarningsMember400148372023-01-01400148372023-12-31fsa:ContributedCapitalMember400148372023-12-31fsa:RetainedEarningsMember2024-04-182024-04-18true339635562022-01-012022-12-31Odense51005Tværkajen, Postboks 10Deloitte Statsautoriseret RevisionspartnerselskabKøbenhavnKøbenhavn S2300Regnskabsklasse BAndre erklæringer uden sikkerhed2023-12-312023-01-014<br /><br />1BrigadevejVBB Holding ApS40014837339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapportThe Executive Board has today considered and approved the annual report of VBB Holding ApS for the financial year 01.01.2023 - 31.12.2023. 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 31.12.2023 and of the results of its operations for the financial year 01.01.2023 - 31.12.2023.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 01.01.2023 - 31.12.2023 to be complied with.I recommend the annual report for adoption at the Annual General Meeting.CopenhagenBarna Benedek VajdaTo Management of VBB Holding ApSWe have compiled the financial statements of VBB Holding ApS for the financial year 01.01.2023 - 31.12.2023 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. OdenseMartin Lillesø Larsenmne50638State Authorised Public AccountantPrimary activitiesThe company's activity is to act as a holding company.Development in activities and financesThe result for the year shows a deficit of DKK 7,037. Management considers the result to be unsatisfactory. The company has lost more than 50% of its equity. It is the management's expectation that the company will achieve positive results via current activity, addition of new activity or via capital contributions in the coming years and thus reestablish the company's equity. The company's necessary liquidity to maintain operations in the coming year is assessed by the management achieved as a result of the company having limited external creditors. Based on the above, the management has chosen to present the annual report with a view to continuing operations.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.-6979-85455833-7037-8578-7037-7037-85784000400040004000400040006363636346926672475567358755107354000040000-42919-35882-2919411840000-35882411840000-42919100005000167416171167466171167466178755107351 Going concernThe result for the year shows a deficit of DKK 7,037. Management considers the result to be unsatisfactory. The company has lost more than 50% of its equity. It is the management's expectation that the company will achieve positive results via current activity, addition of new activity or via capital contributions in the coming years and thus reestablish the company's equity. The company's necessary liquidity to maintain operations in the coming year is assessed by the management achieved as a result of the company having limited external creditors. Based on the above, the management has chosen to present the annual report with a view to continuing operations.2 EmployeesThe Entity has no employees other than the Executive Board. The Executive Officer has not received any remuneration.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.falseRecognition 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 other external expenses.Other external expensesOther external expenses include expenses relating to the Entity’s ordinary activities, including expenses for premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of receivables recognised in current assets.Other financial expensesOther financial expenses comprise interest expenses, including net capital or exchange losses on securities, payables and transactions in foreign currencies, amortisation of financial liabilities, and tax surcharge under the Danish Tax Prepayment Scheme etc.Other investmentsOther investments comprise unlisted equity investments measured at the lower of cost and net realisable value.ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and doubtful debts.CashCash comprises bank deposits.Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.2024-04-18 Barna Benedek Vajda