40727841 2025-01-01 2025-12-31 40727841 2025-01-01 2025-12-31 2 40727841 2025-01-01 2025-12-31 1 40727841 2025-01-01 2025-12-31 2 40727841 2025-01-01 2025-12-31 1 40727841 2025-01-01 2025-12-31 2 40727841 2025-01-01 2025-12-31 3 40727841 2025-01-01 2025-12-31 4 40727841 2025-01-01 2025-12-31 1 40727841 2025-01-01 2025-12-31 2 40727841 2024-01-01 2024-12-31 40727841 2025-12-31 40727841 2024-12-31 40727841 2025-01-01 d:ContributedCapitalMember 40727841 2025-01-01 d:ReserveForDevelopmentExpenditureMember 40727841 2025-01-01 d:RetainedEarningsMember 40727841 2025-01-01 2025-12-31 d:RetainedEarningsMember 40727841 2025-01-01 2025-12-31 d:ContributedCapitalMember 40727841 2025-01-01 2025-12-31 d:ReserveForDevelopmentExpenditureMember 40727841 2025-12-31 d:ContributedCapitalMember 40727841 2025-12-31 d:ReserveForDevelopmentExpenditureMember 40727841 2025-12-31 d:RetainedEarningsMember 40727841 2025-01-01 d:CompletedDevelopmentProjectsMember 40727841 2025-01-01 d:DevelopmentProjectsInProgressMember 40727841 2025-01-01 2025-12-31 d:CompletedDevelopmentProjectsMember 40727841 2025-01-01 2025-12-31 d:DevelopmentProjectsInProgressMember 40727841 2025-12-31 d:CompletedDevelopmentProjectsMember 40727841 2025-12-31 d:DevelopmentProjectsInProgressMember 40727841 2025-01-01 d:FixturesFittingsToolsAndEquipmentMember 40727841 2025-12-31 d:FixturesFittingsToolsAndEquipmentMember 40727841 2025-01-01 2025-12-31 d:FixturesFittingsToolsAndEquipmentMember 40727841 2025-01-01 d:DepositsLongtermInvestmentsAndReceivablesMember 40727841 2025-01-01 2025-12-31 d:DepositsLongtermInvestmentsAndReceivablesMember 40727841 2025-12-31 d:DepositsLongtermInvestmentsAndReceivablesMember 40727841 2025-01-01 d:LongtermDebtToOtherCreditInstitutionsMember 40727841 2025-12-31 d:LongtermDebtToOtherCreditInstitutionsMember xbrli:shares iso4217:DKK xbrli:pure Baker Tilly Denmark 35257691 2500 Valby 2025-12-31 Poul Bundgaards Vej 1, 1. Baker Tilly Denmark 35257691 2025-01-01 false false 2024-01-01 2026-06-10 2024-12-31 Martin Sandø Jensen Regnskabsklasse B true false Revisionspåtegning CaseWare-FSR false false Annual report The supervisory board and executive board have today discussed and approved the annual report of Uniify ApS for the financial year 1 January - 31 December 2025. The annual report is prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the company's financial position at 31 December 2025 and of the results of the company's operations for the financial year 1 January - 31 December 2025. In our opinion, management's review includes a fair review of the matters dealt with in the management's review. Management recommends that the annual report should be approved by the company in general meeting. Niclas Kwami Adegnika Martin Sandø Jensen Daniel Andreas Vittrup Møller chairman Magnus Stagsted Cathrine Wearthwein Andersen Martin Sandø Jensen To the shareholders of Uniify ApS Opinion We have audited the financial statements of Uniify ApS for the financial year 1 January - 31 December 2025, which comprise a summary of significant accounting policies, income statement, balance sheet, statement of changes in equi­ty and notes. The financial statements are prepared under the Danish Financial Statements Act.In our opinion, the financial statements give a true and fair view of the com­pany's financial position at 31 December 2025 and of the results of the company's operations for the financial year 1 January - 31 December 2025 in accordance with the Danish Financial Statements Act. Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the “Auditor's responsibilities for the audit of the financial statements” section of our report. We are independent of the company in accordance with the International Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code) and the additional requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management is responsible for the preparation of financial statements, that give a true and fair view in accordance with the Danish Financial Statements Act and for such internal control as management determines is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error.In preparing the financial statements, management is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless management either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit. We also:Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.Conclude on the appropriateness of management's use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the company to cease to continue as a going concern.Evaluate the overall presentation, structure and contents of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Statement on management's reviewManagement is responsible for management's review.Our opinion on the financial statements does not cover management's review, and we do not express any form of assurance conclusion thereon.In connection with our audit of the financial statements, our responsibility is to read management's review and, in doing so, consider whether management's review is materially inconsistent with the financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated.Moreover, it is our responsibility to consider whether management's review provides the information required under the Danish Financial Statements Act.Based on the work we have performed, we conclude that management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statements Act. We did not identify any material misstatement of management's review. Copenhagen 2026-06-01 Baker Tilly Denmark Peter Aagesen State Authorised Public Accountant mne41287 Uniify ApS Esplanaden  8D 1 1263  København K 40727841 Copenhagen 35257691 Poul Bundgaards Vej 1, 1. 2500 Valby Business reviewThe company's main activity is to offer a SaaS solution that enables financial institutions to quickly, easily, and securely collect data and onboard their clients, along with related business operations. Financial review The company's income statement for the year ended 31 December 2025 shows a loss of DKK 4.727.931, and the balance sheet at 31 December 2025 shows equity of DKK 3.640.130. Significant events occurring after the end of the financial yearNo events have occurred after the balance sheet date which could significantly affect the company's financial position. Disclosure of treasury shares Information on treasury shares acquired in the financial yearNumber of treasury shares acquired in the financial year: 20.250 shares.Nominal value of treasury acquired in the financial year: DKK 20.250Percentage of the contributed capital, etc. of treasury shares acquired in the financial year: 31,84 % 20250 20250 31.84 5317466 3160165 6652545 7796598 1364045 693279 -2699124 -5329712 6170 13728 874110 453022 -3567064 -5769006 1160867 -1322266 -4727931 -4446740 -4727931 -4446740 5493351 5835260 2392544 810741 7885895 6646001 108660 145704 108660 145704 162801 158268 162801 158268 8157356 6949973 1653259 1564571 10000 10000 0 1160867 564717 593847 193568 177047 2421544 3506332 3243937 3499652 5665481 7005984 13822837 13955957 63600 63600 6150998 5183881 -2574468 3140830 3640130 8388311 7263800 2927217 7263800 2927217 0 1080587 42880 36360 564717 0 836591 819966 1474719 703516 2918907 2640429 10182707 5567646 13822837 13955957 63600 5183881 3140830 -20250 0 967117 -967117 0 -4727931 63600 6150998 -2574468 6591434 7733802 23986 18939 37125 43857 6652545 7796598 10 12 6170 13728 6170 13728 874110 453022 874110 453022 0 -593847 1160867 -728419 6491682 810741 985092 1581803 7476774 2392544 -656422 0 -1327001 0 -1983423 0 5493351 2392544 The company's development project concerns a self-developed platform for customer onboarding within the financial sector. The platform is an onboarding system for banks, lending companies, leasing firms, investment advisors, auditors and more. The project is progressing as planned, with ongoing completion over the coming years, and management's expectations for its profitability remain positive. 185218 185218 39514 37044 -76558 108660 158268 4533 162801 162801 4007804 7263800 0 1090235 The company has entered rental contracts. The total liability amounts to TDKK 1.130 per 31. December 2025. The Company is involved in a pending employment law litigation. Based on an assessment provided by the Company’s legal counsel, Management considers it most likely that the Company will be successful in its defence against the claims. Accordingly, no provision has been recognised as at 31 December 2025. As security for debt with credit institutions, the company has provided corporate mortgages totaling TDKK 7.465, with a carrying amount as per 31. December 2025 of TDKK 9.960. The annual report of Uniify ApS for 2025 has been prepared in accordance with the provisions of the Danish Financial Statements Act ap­plying to en­ter­pri­ses of re­por­ting class B, as well as provisions applying to reporting class C entities.The accounting policies applied are consistent with those of last year. Income is recognised in the income statement as earned, including value adjustments of financial assets and liabilities. All expenses, including amortisation, depreciation and impairment losses, are also recognised in the income statement.Assets are recognised in the balance sheet when it is probable that future economic benefits will flow 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 will flow from the company and the value of the liability can be measured reliably.On initial recognition, assets and liabilities are measured at cost. On subsequent recognition, assets and liabilities are measured as described below for each individual accounting item.Certain financial assets and liabilities are measured at amortised cost using the effective interest method. Amortised cost is calculated as the historic cost less any installments and plus/less the accumulated amortisation of the difference between the cost and the nominal amount.On recognition and measurement, allowance is made for predictable losses and risks which occur before the annual report is presented and which confirm or invalidate matters existing at the balance sheet date. In pursuance of section 32 of the Danish Financial Statements Act, the company does not disclose its revenue. Gross profit reflects an aggregation of revenue and other external expenses. Income from sale of services and licenses is recognized in the income statement, provided that the transfer of risk, usually on delivery to the buyer, has taken place and that the income can be measured reliably and is expected to be received. The item Other operating income includes items of a secondary nature relative to the company’s activities, including gains on the sale of intangible assets and items of property, plant and equipment, operating losses, indemnities relating to operating losses and conflicts as well as payroll refunds. Indemnities are recognised when it is more probable than not that the company is going to be indemnified. Other external expenses include expenses related to distribution, sale, advertising, administration, premises, bad debts, etc. Staff costs include wages and salaries, including compensated absence and pensions, as well as other social security contributions, etc. made to the entity's employees. Depreciation, amortisation and impairment of intangible assets and property, plant and equipment comprise the year's depreciation, amortisation and impairment of intangible assets and property, plant and equipment. Financial income and expenses are recognised in the income statement at the amounts that relate to the financial year. Net financials include interest income and expenses, amortisation of financial assets and liabilities and surcharges and allowances under the Danish Tax Prepayment Scheme, etc. Tax for the year, which comprises the current tax charge for the year and changes in the deferred tax charge, is recognised in the income statement as regards the portion that relates to the profit/loss for the year and directly in equity as regards the portion that relates to entries directly in equity. Development projects, patents and licencesDevelopment costs comprise costs, wages/salaries and amortisation losses that are directly and indirectly attributable to the company's development activities.Developments projects recognised in the balance sheet are measured at cost less accumulated amortisation and impairment losses.Following the completion of the development work, development costs are amortised on a straight-line basis over the estimated useful life.Gains and losses on the disposal of development projects, patents and licences are determined as the difference between the selling price less costs to sell and the carrying amount at the date of disposal. Gains or losses are recognised in the income statement as other operating income or other operating expenses, respectively. Fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses.The depreciable amount is cost less the expected residual value at the end of the useful life.Cost comprises the purchase price and any costs directly attributable to the acquisition until the date when the asset is available for use. The cost of self-constructed assets comprises direct and indirect costs of materials, components, sub-suppliers and wages.Straight-line depreciation is provided on the basis of the following estimated useful lives of the assets:Other fixtures and fittings, tools and equipment 3-5 years15 Gains and losses on the sale of items of property, plant and equipment are calculated as the difference between the selling price, less costs to sell, and the carrying amount at the time of sale.    Gains or losses on the sale of items of property, plant and equipment are recognised in the income statement under other operating income or other operating expenses, respectively. Receivables are measured at amortised cost.An impairment loss is recognised if there is objective evidence that a receivable or a group of receivables is impaired. If there is objective evidence that an individual receivable is impaired, an impairment loss for that individual asset is recognised. Prepayments recognised under 'Current assets' comprises expenses incurred concerning subsequent financial years. Cash and cash equivalents comprise cash and deposits at banks. Reserve for development costsAn amount corresponding to capitalised development costs is recognised in the reserve. The reserve is reduced as development costs are amortised. Current tax liabilities and current tax receivables are recognised in the balance sheet as the estimated tax on the taxable income for the year, adjusted for tax on the taxable income for previous years and tax paid on account.Deferred tax is measured according to the liability method in respect of temporary differences between the carrying amount of assets and liabilities and their tax base, calculated on the basis of the planned use of the asset and settlement of the liability, respectively. Deferred tax is measured at net realisable value.Deferred tax is measured according to the tax rules and at the tax rates applicable in the respective countries at the balance sheet date when the deferred tax is expected to crystallise as current tax. Deferred tax adjustments resulting from changes in tax rates are recognised in the income statement, with the exception of items taken directly to equity. Financial liabilities are recognised on the raising of the loan at the proceeds received net of transaction costs incurred. On subsequent recognition, the financial liabilities are measured at amortised cost, corresponding to the capitalised value, using the effective interest method. Accordingly, the difference between the net proceeds and the nominal value is recognised in the income statement over the term of the loan.Liabilities, which include trade payables and other payables, are measured at amortised cost, which is usually equivalent to nominal value. Deferred income recognised under 'Current liabilities' comprises payments received concerning income in subsequent financial years.