410551702021-01-012021-12-31410551702021-01-012021-12-311410551702021-01-012021-12-312410551702021-01-012021-12-313410551702021-01-012021-12-31fsa:RetainedEarningsMember410551702021-01-012021-12-31fsa:ContributedCapitalMember410551702021-01-012021-12-31fsa:RetainedEarningsMember410551702019-12-312020-12-31410551702019-12-312020-12-31fsa:RetainedEarningsMember410551702021-12-31410551702021-01-01fsa:ContributedCapitalMember410551702021-01-01fsa:RetainedEarningsMember410551702020-12-31xbrli:purexbrli:pureiso4217:DKKxbrli:sharesAnders Knokgaard NielsenAnnette Egede NylanderHo Kei AuIngen bistandtrue4276241052Regnskabsklasse B40000400004276241052 Reporting class The annual report of BE 190 ApS for 2021 has been presented in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B with addition of certain provisions for reporting class C. The accounting policies applied remain unchanged from last year. Reporting currency The annual report is presented in Danish kroner (DKK). Recognition and measurement Assets 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 company, and the value of the assets can be measured reliably. Liabilities are recognised in the balance sheet when the company 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 company, and the value of the liabilities can be measured reliably. On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial recognition is affected 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. Foreign currency translation On initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the one in effect at the payment date or the rate at the balance sheet date are recognised in the income statement as financial income or financial expenses. Property, plant and equipment, intangible assets, inventories and other non-monetary assets that have been purchased in foreign currencies are translated using historical rates. Income statement Gross profit/loss The company has decided to aggregate certain items of the income statement in accordance with the provisions of Section 32 of the Danish Financial Statements Act. Gross profit or loss comprises other external expenses. Other external expenses Other external expenses include expenses for operation and administration. Financial income Financial income comprises interest income, including interest income on receivables from group enterprises, amortisation of financial assets, payables and transactions in foreign currencies, fair value adjustments of financial interests as well as tax relief under the Danish Tax Prepayment Scheme etc. Tax on profit for the year Tax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the income statement by the portion attributable to the profit for the year and recognised directly in equity by the portion attributable to entries directly in equity. The company is jointly taxed with all Danish group entities. The current Danish income tax is allocated among the jointly taxed entities proportionally to their taxable income (full allocation with a refund concerning tax losses). Balance sheet Receivables Receivables are measured at amortised cost, usually equalling nominal value, less writedowns for bad and doubtful debts. Impairment of accounts receivables past due is established on individual assessment of receivables. Current tax liabilities Current tax liabilities and current tax receivables are recognised in the balance sheet as calculated tax on the expected taxable income for the year, adjusted for tax on taxable income for previous years as well as for tax prepaid. Liabilities Financial liabilities are recognised initially at the proceeds received net of transaction expenses incurred. In subsequent periods, financial liabilities are measured at amortised cost, corresponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recognised in the Income Statement over the life of the financial instrument. Other liabilities, comprising deposits, trade payables and other accounts payable, are measured at amortised cost, which usually corresponds to the nominal value. 4. Contingent liabilities The company participates in a Danish joint taxation arrangement where Better Energy Holding A/S serves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the company is therefore liable for income taxes etc for the jointly taxed entities, and for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements. Contributed Retained capital earnings Total Equity 1 January 2021 40.000 821 40.821 Profit (loss) 0 -1.059 -1.059 Equity 31 December 2021 40.000 -238 39.762 The company was established 31 December 2019 with a contributed capital of DKK 40.000. 2021 2019/20 1. Financial income Financial income from group enterprises 1.642 1.052 1.642 1.052 5. Group relations Name and registered office of the parent company preparing consolidated statements for the smallest group: Better Energy Holding A/S, Business Registration No. 31865883, Frederiksberg. 3. Significant events occurring after end of reporting period No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report. 2021 2019/20 2. Tax on profit for the year Current tax for the year -299 231 -299 231 3976240821-40000-821-3000042762410523000231164210520-1059-1059-1059821821-13581052-30000-238821false300023130000427624105242694410520231680-2992311850, Frederiksberg CGammel Kongevej 60, 14th floor2019-12-312022-05-204105517036950676ÅrsrapportHo Kei AuBE 190 ApSBetter Energy A/S2019-12-312020-12-312021-12-312021-01-01Development in activities and financial matters BE 190 ApS's income statement of the financial year 1 January 2021 - 31 December 2021 shows a result of DKK -1.059 and the balance sheet at 31 December 2021 a balance sheet total of DKK 42.762 and an equity of DKK 39.762. The company's principal activities The purpose of BE 190 ApS is to lease, buy, own and manage real estate and related activities. The company's principal activities The purpose of BE 190 ApS is to lease, buy, own and manage real estate and related activities. Development in activities and financial matters BE 190 ApS's income statement of the financial year 1 January 2021 - 31 December 2021 shows a result of DKK -1.059 and the balance sheet at 31 December 2021 a balance sheet total of DKK 42.762 and an equity of DKK 39.762. The annual report is presented in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the assets, liabilities and financial position of BE 190 ApS at 31 December 2021 and of the results of the company's operations for the financial year 1 January 2021 - 31 December 2021. The conditions for not conducting an audit of the financial statements have been met. 2022-05-20Today, the Executive Board has considered and adopted the annual report of BE 190 ApS for the financial year 1 January 2021 - 31 December 2021. In our opinion, the management's review includes a true and fair account of the matters addressed in the review. FrederiksbergWe recommend that the annual report be adopted at the Annual General Meeting. Today, the Executive Board has considered and adopted the annual report of BE 190 ApS for the financial year 1 January 2021 - 31 December 2021. The annual report is presented in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the assets, liabilities and financial position of BE 190 ApS at 31 December 2021 and of the results of the company's operations for the financial year 1 January 2021 - 31 December 2021. In our opinion, the management's review includes a true and fair account of the matters addressed in the review. The conditions for not conducting an audit of the financial statements have been met. We recommend that the annual report be adopted at the Annual General Meeting. Frederiksberg, 20 May 2022 Executive Board Anders Knokgaard Nielsen Annette Egede Nylander Ho Kei Au Director Director Director