Årsrapport25492145RSM Danmark, Statsautoriseret RevisionspartnerselskabKingosvej, 32630, Taastrup2023-01-012023-12-312024-01-012024-12-3140048707ThisB4That ApSRådvadsvej 20A,2. tv2400København NV2018-11-26CopenhagenRSM Danmark, Statsautoriseret Revisionspartnerselskab25492145Martin Santino Lo Turcostatsautoriseret revisormne35467Kingosvej32630TaastrupDanmark+45 43 99 92 92taastrup@rsm.dk2025-06-02Eduardo Lima Simões da SilvaRegnskabsklasse BAndre erklæringer uden sikkerhedCaseWare fra Revisorgruppen DanmarkkapitalejerenTaastrup2025-06-02København NV2025-06-02-10544-7588-10544-758872099113-10571-7701-10571-7701-10571-7701500005000050000500005000050000400020005604056200033251443953730746395873079639505900059000208073137879807903787500601775006017750060178730796395590005900059000590003137839079-10571-77012080731378Today, the Managing Director has approved the annual report of ThisB4That ApS for the financial year 1 January - 31 December 2024. The annual report has been prepared in accordance with the Danish Financial Statements Act. I consider the chosen accounting policy to be appropriate, and in my opinion, the financial statements give a true and fair view of the financial position of the Company at 31 December 2024 and of the results of the Company's operations for the financial year 1 January – 31 December 2024. The Managing Director consider the conditions for audit exemption of the 2024 financial statements to be met. We recommend that the annual report be approved at the Annual General Meeting. Eduardo Lima Simões da SilvaWe have compiled the financial statements of ThisB4That ApS for the financial year 1 January - 31 December 2024 based on the company's bookkeeping and on information you have provided. These financial statements comprise a summary of significant accounting policies, income statement, balance sheet, statement of changes in equity and notes. We performed this compilation engagement in accordance with International Standard on Related Services 4410 (Revised), 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 requirements under the Danish Act on Approved Auditors and Audit Firms and 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 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 on whether these financial statements are prepared in accordance with the Danish Financial Statements Act. The annual report for ThisB4That 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. Recognition and measurement in general Income is recognised in the income statement concurrently with its realisation, including the recognition of value adjustments of financial assets and liabilities. Likewise, all costs are recognised in the income statement, including depreciations amortisations, write-downs for impairment, provisions, and reversals due to changes in estimated amounts previously recognised in the income statement. Assets are recognised in the statement of financial position when it seems probable that future economic benefits will flow to the company and the value of the asset can be reliably measured. Liabilities are recognised in the statement of financial position when it is seems probable that future economic benefits will flow out of the company and the value of the liability can be reliably measured. Assets and liabilities are measured at cost at the initial recognition. Hereafter, assets and liabilities are measured as described below for each individual accounting item. Certain financial assets and liabilities are measured at amortised cost, allowing a constant effective interest rate to be recognised during the useful life of the asset or liability. Amortised cost is recognised as the original cost less any payments, plus/less accrued amortisations of the difference between cost and nominal amount. In this way, capital losses and gains are allocated over the useful life of the liability. Upon recognition and measurement, allowances are made for such predictable losses and risks which may arise prior to the presentation of the annual report and concern matters that exist on the reporting date. Gross loss Gross loss comprises the revenue, changes in inventories of finished goods, and work in progress, own work capitalised, other operating income, and external costs. In pursuance of section 32 of the Danish Financial Statements Act, the company does not disclose its revenue. Other external expenses comprise expenses incurred for administration. Financial income and expenses Financial income and expenses are recognised in the income statement with the amounts concerning the financial year. Financial income and expenses comprise interest income and expenses. Tax on net profit or loss for the year Tax for the year comprises the current income tax for the year and changes in deferred tax and is recognised in the income statement with the share attributable to the net profit or loss for the year and directly in equity with the share attributable to entries directly in equity. Other securities and investments, fixed assets Investments are measured at cost price. Receivables Receivables are measured at amortised cost, which usually corresponds to nominal value. Cash and cash equivalents Cash and cash equivalents comprise cash at bank. Income tax and deferred tax Current 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. 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. Liabilities other than provisions Other liabilities are measured at amortised cost which usually corresponds to the nominal value. 1. The significant activities of the enterprise The company's main activity consists of acting as a holding company 400487072024-01-012024-12-31400487072023-01-012023-12-31400487072023-12-31400487072024-12-31400487072024-01-012024-12-311400487072024-01-012024-12-311400487072024-01-01e:ContributedCapitalMember400487072024-12-31e:ContributedCapitalMember400487072024-01-01e:RetainedEarningsMember400487072024-01-012024-12-31e:RetainedEarningsMember400487072024-12-31e:RetainedEarningsMember400487072023-01-01e:ContributedCapitalMember400487072023-12-31e:ContributedCapitalMember400487072023-01-01e:RetainedEarningsMember400487072023-01-012023-12-31e:RetainedEarningsMember400487072023-12-31e:RetainedEarningsMemberiso4217:DKK