truefalseJacques SirotÅrsrapport25578198KPMGDampfærgevej 28DK-2100 København Ø2021-01-012021-12-312020-01-012020-12-312022-07-282022-07-2839636948RidersHub ApSc/o Sandra Lia Sirot2300CopenhagenDKDenmark2018-06-10Copenhagensandra@wiink.ioKPMG25578198Morten Høgh-Petersenmne34283statsaut. revisorDampfærgevej 28282100CopenhagenDKDenmark45707077602022-07-28Regnskabsklasse BfalsefalseAndre erklæringer uden sikkerhedThe Board of Directors and the Executive Board have today discussed and approved the annual report of RidersHub ApS for the financial year 1 January – 31 December 2021.The annual report, which has not been audited, is presented in accordance with the Danish Financial Statements Act.We recommend that the annual report be approved at the annual general meeting.Copenhagen,Jacques SirotSandra Lia SirotAnne Constance Louise SirotChairmanJacques Sirot Sandra Lia SirotManagement confirms that the Company fulfils the requirements to be exempt of audit.To the Management of RidersHub ApSCopenhagen,Material uncertainties regarding going concern As at 31 december 2021 the Company has a negative equity. Management has assessed that the capital can be re-established from future income. Management have also assessed that the Company has sufficient liquidity to finance operations for the coming year, and on this basis have prepared the financial statement for the year 2021 under the assumption of the Company's continued operation.-5426-2500-5426-250000-5426-2500-5426-25000292602926029265000050000-114681-109255-64681-5925528881288811040010400202001770052005200646816218164681621810292650000-1092550-542650000-11468100In our opinion, the financial statements give a true and fair view of the Company's assets, liabilities and financial position at 31 December 2021 and of the results of the Company's operations for the financial year 1 January – 31 December 2021. Further, in our opinion, the Management's review gives a fair review of the matters discussed in the Management's review.We have compiled the financial statements of RidersHub ApS for the financial year 1 January – 31 December 2021 based on the Company's bookkeeping records and other information provided by you. The financial statements comprise income statement, balance sheet, statement of changes in equity and notes, including accounting policies. We performed our work in accordance with ISRS 4410 Compilation Engagements. We have applied our professional expertise in accounting and financial reporting to assist you in the preparation and presentation of these financial statements in accordance with the Danish Financial Statements Act. We have complied relevant provisions of the Auditor Act, including the requirements for independence, and International Ethics Standards Board for Accountants' International Code of Ethics for Professional Accountants (IESBA Code), which is based on fundamental principles of integrity, objectivity, professional competence and due care. These financial statements and the accuracy and completeness of the information used to compile them are your responsibility. Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information you provided to us to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion as to whether these financial statements are prepared in accordance with the Danish Financial Statements Act.The Company's main activity is to deliver a digital marketing platform for selling and buying horses globally by the internet and related activities to this.The Company's income statement for 2021 shows a loss of DKK -5,426 as against DKK -2,500 in 2020. Equity in the Company's balance sheet at 31 December 2021 stood at DKK -64,681 as against DKK -59,255 at 31 December 2020.No events have occurred after the balance sheet date of material importance to the annual report for 2021. The annual report of RidersHub ApS for 2021 has been prepared in accordance with the provisions applying to reporting class B entities under the Danish Financial Statements Act with opt-in from higher reporting classes.The accounting policies used in the preparation of the financial statements are consistent with those of last year.Pursuant to section 32 of the Danish Financial Statements Act, the Company has decided only to disclose gross profit.Other external costs comprise costs for administrative expenses.Tax for the year comprises current corporation tax for the year and changes in deferred tax, including changes in tax rates. The tax expense relating to the loss for the year is recognised in the income statement, and the tax expense relating to amounts directly recognised in equity is recognised directly in equity.Cash comprises bank depositsCurrent tax payable and receivable is recognised in the balance sheet as tax computed on the taxable income for the year, adjusted for tax on the taxable income of prior years and for tax paid on account. Deferred tax is measured using the balance sheet liability method on all temporary differences between the carrying amount and the tax value of assets and liabilities based on the planned use of the asset or settlement of the liability. However, deferred tax is not recognised on temporary differences relating to goodwill non-deductible for tax purposes and on office premises and other items where the temporary differences arise at the date of acquisition without affecting either profit/loss or taxable income. Deferred tax assets, including the tax value of tax loss carryforwards, are recognised at the expected value of their utilisation within the foreseeable future; either as a set-off against tax on future income or as a set-off against deferred tax liabilities in the same legal tax entity. Any deferred net assets are measured at net realisable value. Deferred tax is measured in accordance with the tax rules and at the tax rates applicable at the balance sheet date when the deferred tax is expected to crystallise as current tax. Changes in deferred tax as a result of changes in tax rates are recognised in the income statement or equity, respectively.Other liabilities are measured at amortised cost.As at 31 December 2021 the Company has a negative equity. Management has assessed that the capital can be re-established from future income. Management have also assessed that the Company has sufficient liquidity to finance operations for the coming year, and on this basis have prepared the financial statement for the year 2021 under the assumption of the Company's continued operation.396369482021-01-012021-12-31396369482021-01-012021-12-311396369482020-01-012020-12-31396369482021-12-31396369482020-12-31396369482021-01-012021-12-311396369482021-01-012021-12-312396369482021-01-012021-12-311396369482021-01-012021-12-312396369482021-01-012021-12-313396369482021-01-012021-12-31c:ContributedCapitalMember396369482021-01-01c:ContributedCapitalMember396369482021-12-31c:ContributedCapitalMember396369482021-01-012021-12-31c:RetainedEarningsMember396369482021-01-01c:RetainedEarningsMember396369482021-12-31c:RetainedEarningsMember396369482021-01-012021-12-31c:RetainedEarningsMember396369482020-01-012020-12-31c:RetainedEarningsMemberiso4217:DKKxbrli:pure