44174715 2025-01-01 2025-12-31 44174715 2025-01-01 2025-12-31 0 44174715 2025-01-01 2025-12-31 0 44174715 2025-01-01 2025-12-31 0 44174715 2025-01-01 2025-12-31 0 44174715 2024-01-01 2024-12-31 44174715 2025-12-31 44174715 2024-12-31 44174715 2024-01-01 fsa:ContributedCapitalMember 44174715 2024-01-01 fsa:RetainedEarningsMember 44174715 2025-01-01 2025-12-31 fsa:ContributedCapitalMember 44174715 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 44174715 2025-12-31 fsa:ContributedCapitalMember 44174715 2025-12-31 fsa:RetainedEarningsMember xbrli:pure iso4217:DKK 45907880 Sønderup Godkendt Revisionsaktieselskab Strandesplanaden 110, 2. 2665 Vallensbæk Strand Andre erklæringer uden sikkerhed Årsrapport Regnskabsklasse B 2025-01-01 2025-12-31 2024-01-01 2024-12-31 true 1 P&S Development ApS Strandesplanaden 110, 2.1Strandesplanaden 110, 2.1 2665 Vallensbæk Strand 44174715 2026-06-11 Jonathan Noam Sofer Today, Management has considered and adopted the Annual Report of P&S Development ApS for the financial 1 January 2025 - 31 December 2025. 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 the Company at 31 December 2025 and of the results of the Company's operations for the financial year 1 January 2025- 31 December 2025. The conditions for not conducting an audit of the Financial Statement have been met. We recommend that the Annual Report be adopted at the Annual General Meeting. Vallensbæk Strand 2026-05-21 Jonathan Noam Sofer Manager Nimrod Sofer Chairman To the Management of P&S Development ApS We have compiled the accompanying financial statements of P&S Development ApS for the financial year 1 January 2025 - 31 December 2025 based on the information you have provided.These financial statements comprise a summary of significant accounting Policies, income statement, balance sheet, statement of change 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 you in the preparation and presentation of these financial statements in accordance with the Danish Financial Statement Act. We have complied with relevant requirements under the Danish Act on Approved auditors and Audit Firms 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.The Financial Statement 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 review conclusion on whether the financial statements are prepared in accordance with the Danish Financial Accounts Act. Vallensbæk Strand, 21 May 2026Sønderup Godkendt RevisionsaktieselskabCVR-no. 45907880Claus Holde State Authorised Public Accountantmne34370 Vallensbæk Strand 2026-05-21 Sønderup Godkendt Revisionsaktieselskab 45907880 Claus Holde State Authorised Public Accountant mne34370 P&S Development ApS 2665 Vallensbæk Strand 50543687 44174715 2023-06-28 2025-01-01 2025-12-31 Strandesplanaden 110, 2. 2665 Vallensbæk Strand Ringkjøbing Landbobank -10543 -10474 12 227 -10555 -10701 0 0 -10555 -10701 10555 10701 8 0 0 2202 8 2202 8 2202 40000 40000 -156053 -145498 -116053 -105498 108000 100000 108000 100000 561 0 7500 7500 0 200 8061 7700 116061 107700 8 2202 40000 -145498 0 -10555 40000 -156053 1. Long-term liabilitiesDueDueDueafter 1 yearwithin 1 yearafter 5 yearsPayables to group enterprises108.0000108.000108.0000108.000 2. Uncertainties relating to going concernThe company has lost more than half of its capital. The capital is expected to be re-established through future profits. Management has indicated that it will support the company with liquidity to the extent necessary for the company to continue operations. 3. The Company's principal activitiesThe company's main activity consists of developing, building and operating property and other related business. 4. Employee benefits expenseAverage number of employees00 0 0 The annual report of P&S Development ApS for 2025 has been presented in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B. Translation policiesTransactions in foreign currencies are translated into DKK at the exchange rate prevailing at the date of transaction. Monetary assets and liabilities in foreign currencies are translated into DKK based on the exchange rates prevailing at the balance sheet day. Realised and unrealised foreign exchange gains and losses are included in the income statement under financial income and expenses. Basis of recognition and measurementThe financial statement have been prepared under the historical cost principle.Income is recognised in the income statement as it is earned, including value adjustments of financial assets and liabilities that are measured at fair value or amortized cost. Moreover, all expenses incurred to achieve the earnings for the year are recognised in the income statement, including depreciation, amortization, impairment losses and provisions as well as reversals due to changed accounting estimates of amounts that have previously been recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future economic benefits attributable to the asset will accrue to the Company, and the value of the asset can be measured reliably.Liabilities are recognised in the balance sheet when it is probable that future economic benefits attributable to the asset will flow out of the Company, and the value of the liability can be measured reliably. At initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each item below. Certain financial assets and liabilities are measured at amortised cost, which involves the recognition of a constant effective interest rate over the term. Amortised cost is calculated as original cost less repayments and with the addition/deduction of the accumulated amortisation of the difference between the cost and the nominal amount. This way, exchange losses and gains are allocated over the term. In connection with recognition and measurement, consideration is given to predictable losses and risks occurring prior to the presentation of the financial statement, i.e. losses and risks which prove or disprove matters which exist at the balance sheet date. Income statement Gross profit/lossThe 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 is a combination of the items of revenue, change in inventories of finished goods, work in progress and goods for resale, other operating income, costs for raw materials and consumables and other external expenses. Other external expensesOther external expenses include expenses for administration, premises etc. Financial income and expenses are recognised in the income statement based at the amounts that concern the financial year. Financial income and expenses include interest revenue and expenses, financial expenses of finance leases, realised and unrealised capital gains and losses regarding securities, accounts payable and transactions in foreign currencies, repayment on mortgage loans, and surcharges and allowances under the advance-payment of tax scheme.Dividends from other investments are recognised as income in the financial year in which the dividends are declared. Balance sheet ReceivablesReceivables are measured at amortized cost which usually corresponds to the nominal value. The value is reduced by write-downs for expected bad debts.Impairment of accounts receivables past due is established on individual assessment of receivables. Cash and cash equivalentsCash and cash equivalents comprise cash at bank and in hand as well as short-term securities with a term of less than three months which can be converted directly into cash at bank and in hand and involve only an insignificant risk of value changes. EquityEquity comprises the working capital and a number of equity items that may be statutory or stipulated in the articles of association. Deferred taxDeferred tax and the associated adjustments for the year are determined according to the liability method as the tax base of all temporary differences between carrying amounts and the tax bases of assets and liabilities. Deferred tax assets, including the tax base of tax losses allowed for carryforward, are recognised at the value at which they are expected to be used, either by elimination in tax on future earnings or by set-off against deferred tax liabilities in enterprises within the same legal entity and jurisdiction.Deferred tax is measured on the basis of the tax rules and tax rates that will be effective under the legislation applicable at the balance sheet date when the deferred tax is expected to crystallize as current tax. Other payablesOther payables are measured at amortized cost, which usually corresponds to the nominal value.Contingent assets and liabilitiesContingent assets and liabilities are not recognised in the Balance Sheet but appear only in the notes.