iso4217:DKK383875372022-01-012022-12-31383875372022-01-012022-12-311383875372022-01-012022-12-311383875372022-01-012022-12-31383875372021-01-012021-12-31383875372022-01-012022-12-31fsa:RetainedEarningsMember383875372021-01-012021-12-31fsa:RetainedEarningsMember383875372022-01-012022-12-31fsa:ReserveForNetRevaluationAccordingToEquityMethodMember383875372022-01-012022-12-31fsa:RetainedEarningsMember383875372022-12-31383875372021-12-31383875372022-01-01fsa:ContributedCapitalMember383875372022-01-01fsa:ReserveForNetRevaluationAccordingToEquityMethodMember383875372022-01-01fsa:RetainedEarningsMember383875372022-01-01383875372022-12-31fsa:ContributedCapitalMember383875372022-12-31fsa:ReserveForNetRevaluationAccordingToEquityMethodMember383875372022-12-31fsa:RetainedEarningsMember2023-06-272023-06-27true339635562021-01-012021-12-31Aarhus C80002City Tower, VærkmestergadeDeloitte Statsautoriseret RevisionspartnerselskabKøbenhavnKøbenhavn N2200Regnskabsklasse BAndre erklæringer uden sikkerhed2022-12-312022-01-01<br /><br />11TitangadeDervel Holding ApS38387537339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapportThe Executive Board has today considered and approved the annual report of Dervel Holding ApS for the financial year 01.01.2022 - 31.12.2022. 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 31.12.2022 and of the results of its operations for the financial year 01.01.2022 - 31.12.2022.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 01.01.2022 - 31.12.2022 to be complied with.I recommend the annual report for adoption at the Annual General Meeting.CopenhagenPierre Ghislain DervalTo Management of Dervel Holding ApSWe have compiled the financial statements of Dervel Holding ApS for the financial year 01.01.2022 - 31.12.2022 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. AarhusSune Pagh Sølvsteenmne47819State Authorised Public AccountantPrimary activitiesThe company's purpose is to be a holding company and in accordance with the management's discretionary business.Description of material changes in activities and financesThe company's income statement for the year ended 31 December 2022 shows a loss of DKK 4.814.794. Cluedin ApS have for the financial year 2021/2022 changed accounting framework from The Danish Financial Statement Act to International Financial Reporting Standards (IFRS). The change in Cluedin does not have any influence on the equity in the company as all changes made to accounting practices could also be done under The Danish Financial Statement Act. The investment in participating interests is therefore measured with the equity method without adjustments.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.-6250-6250-4806841147154011703574-481479414708577-481479414708577-4806841-79539956619147634609956619147634609956619147634609956619147634604000040000994169414748535-73427-654749908267147230614000014748535-6547414723061400009941694-73427625062504210234149483524039948352403999956619147634601 Financial assets Investments in participa- ting interests DKKCost beginning of year14,925Cost end of year14,925Revaluations beginning of year14,748,535Share of profit/loss for the year(4,806,841)Revaluations end of year9,941,694Carrying amount end of year9,956,619Cluedin ApS have for the financial year 2021/2022 changed accounting framework from The Danish Financial Statement Act to International Financial Reporting Standards (IFRS). The change in Cluedin does not have any influence on the equity in the company as all changes made to accounting practices could also be done under The Danish Financial Statement Act. The investment in participating interests is therefore measured with the equity method without adjustments.Investments in participating interestsRegistered inCorporate ​​​formEquity interest ​​​%Cluedin ApSDenmarkApS15,882 Contingent liabilitiesNo contingent liabilities.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 administration.Income from investments in participating interestsIncome from investments in participating interests comprises the pro rata share of the individual participating interests' profit/loss after pro rata elimination of intra-group profits or losses. Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on receivables from group enterprises.Investments in participating interests Investments in participating interests are recognised and measured according to the equity method. This ​means that investments are measured at the pro rata share of the participating interests' equity value. ​​Participating interests with negative equity value are measured at DKK 0. Any receivables from these participating interests ​​are written down to net realisable value based on a specific assessment. If the Parent has a legal or constructive ​obligation to cover the liabilities of the relevant participating interest, and it is probable that such obligation will involve a ​loss, a provision is recognised that is measured at present value of the costs necessary to settle the obligations at ​​the balance sheet date. ​​ ​​Upon distribution of profit or loss, net revaluation of investments in participating interests is transferred to the reserve for net revaluation according to the equity method in equity. Investments in participating interests are written down to the lower of recoverable amount and carrying amount. The accounting policies applied to material financial statement items of participating interests are: Cluedin ApS have for the financial year 2021/2022 changed accounting framework from The Danish Financial Statement Act to International Financial Reporting Standards (IFRS). The change in Cluedin does not have any influence on the equity in the company as all changes made to accounting practices could also be done under The Danish Financial Statement Act. The investment in participating interests is therefore measured with the equity method without adjustments.Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.2023-06-27Pierre Ghislain Derval