33075731 2025-01-01 2025-12-31 33075731 2025-01-01 2025-12-31 33075731 2025-01-01 2025-12-31 1 33075731 2025-01-01 2025-12-31 2 33075731 2025-01-01 2025-12-31 3 33075731 2025-01-01 2025-12-31 4 33075731 2025-01-01 2025-12-31 1 33075731 2024-01-01 2024-12-31 33075731 2025-12-31 33075731 2024-12-31 iso4217:DKK xbrli:pure 2025-01-01 2025-12-31 2026-06-16 inforevision statsautoriseret revisionsaktieselskab 2860 Søborg Buddingevej 312 2024-01-01 2024-12-31 Clicklearn ApS 33075731 Annual report Joachim Schiermacher Clicklearn ApS 33075731 Joachim Schiermacher Michael Olsen Michael Randrop Sørensen Theis Linnet Aagaard Søren Moesgaard State Authorised Public Accountant The com­pany's primary activ­it­ies con­sists in devel­op­ing and selling soft­ware as well as what is nat­ur­ally related to it. The res­ults of the com­pany's activ­it­ies in the fin­an­cial year amoun­ted to a profit/loss of DKK 238.206 against DKK 4.204.517 in last fin­an­cial year. The equity at the bal­ance sheet date amoun­ted to DKK 2.559.788. Man­age­ment con­sider the res­ults as sat­is­fact­ory. The Exec­ut­ive Board have today con­sidered and adop­ted the annual report for 1 Janu­ary 2025 - 31 Decem­ber 2025 for Clicklearn ApS. Clicklearn ApS 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 the com­pany's fin­an­cial pos­i­tion at 31 Decem­ber 2025 and of the res­ults of its opera­tions for the fin­an­cial year 1 Janu­ary 2025 - 31 Decem­ber 2025. We believe that the Man­age­ment's review con­tains a fair review of the affairs and condi­tions referred to therein. We recom­mend that the annual report be adop­ted at the Annual Gen­eral Meet­ing. Joachim Schiermacher Administrerende Direktør Michael Olsen Direktør Michael Randrop Sørensen Direktør Theis Linnet Aagaard Direktør To the share­holder's in Clicklearn ApS Clicklearn ApS Opinion We have audited the fin­an­cial state­ments of Clicklearn ApS for the fin­an­cial year 1 Janu­ary 2025 - 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 as at 31 Decem­ber 2025 and of the res­ults of the com­pany's opera­tions for the fin­an­cial year 1 Janu­ary 2025 - 31 Decem­ber 2025 in accord­ance with the Dan­ish Fin­an­cial State­ments Act. Clicklearn ApS Basis for Opinion We con­duc­ted our audit in accord­ance with Inter­n­a­tional Stand­ards on Audit­ing (ISAs) and 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 this aud­itor’s report. We are inde­pend­ent of the com­pany in accord­ance with the Inter­n­a­tional Eth­ics Stand­ards Board of 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 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, for dis­clos­ing, as applic­able, mat­ters related to going con­cern, and for 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 con­tent of the fin­an­cial state­ments, includ­ing the dis­clos­ures in the notes, and whether the fin­an­cial state­ments rep­res­ent the underly­ing trans­ac­tions and events in a man­ner that gives a true and fair view.Plan and per­form the audit of the fin­an­cial state­ments to obtain suf­fi­ci­ent appro­pri­ate audit evid­ence regard­ing the con­sol­id­ated fin­an­cial inform­a­tion of the entit­ies or busi­ness units as a basis for form­ing an opin­ion on the fin­an­cial state­ments. We are respons­ible for the dir­ec­tion, super­vi­sion and review of the audit work per­formed for pur­poses of the audit. We remain solely respons­ible for our audit opin­ion. 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. Man­age­ment 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 Fin­an­ci­als State­ments Act.Based on the work we have per­formed, in our view, 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 in Man­age­ment’s Review. Søborg 2026-06-16 inforevision statsautoriseret revisionsaktieselskab 19263096 Søren Moesgaard State Authorised Public Accountant mne32178 The annual report has been pre­pared in accord­ance with Dan­ish fin­an­cial state­ment legis­la­tion as well as gen­erally accep­ted account­ing prin­ciples. The annual report has been pre­pared in accord­ance with the pro­vi­sions of the Dan­ish Fin­an­cial State­ments Act govern­ing Reporting class B.Some pro­vi­sions from report­ing class C has been adop­ted.The account­ing policies have not been changed from last year. Reporting class B Con­sol­id­ated fin­an­cial state­ments has not been pre­pared in accord­ance with the Dan­ish Fin­an­cial State­ment Act sec­tion 110. The fin­an­cial state­ments have been pre­pared based on his­t­or­ical cost.The income is recog­n­ised in the income state­ment as earned. Fur­ther­more, value adjust­ments of fin­an­cial assets and liab­il­it­ies meas­ured at fair value or amort­ised cost are recog­n­ised. Moreover, all expenses incurred to achieve the earn­ings for the year are recog­n­ised in the income state­ment, includ­ing depre­ci­a­tion, amort­isa­tion, 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 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 out of the com­pany, and the value of the liab­il­ity can be meas­ured reli­ably.Assets and liab­il­it­ies are ini­tially 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 matur­ity period. Amort­ised cost is cal­cu­lated as ori­ginal cost less any repay­ments and with addi­tion/deduc­tion of the cumu­lat­ive amort­isa­tion of any dif­fer­ence between cost and the nom­inal amount. In this way, cap­ital losses and gains are alloc­ated over the matur­ity period.Recog­n­i­tion and meas­ure­ment take into account pre­dict­able losses and risks occur­ring before the present­a­tion of the annual report which con­firm or inval­id­ate affairs and condi­tions exist­ing at the bal­ance sheet date.The func­tional cur­rency is Dan­ish Kroner. All other cur­ren­cies are con­sidered for­eign cur­ren­cies. Dur­ing the year, trans­ac­tions in for­eign cur­ren­cies have been trans­lated apply­ing the exchange rate at the trans­ac­tion date. If cur­rency pos­i­tions are con­sidered hedge of future cash flows, the value adjust­ments are recog­n­ised dir­ectly in equity.Receiv­ables and debt denom­in­ated in for­eign cur­ren­cies have been recog­n­ised at the exchange rate of the bal­ance sheet date.Real­ised and unreal­ised exchange gains and losses have been recog­n­ised in the income state­ment under other fin­an­cial income and expenses. Gross profit/loss includes "Rev­enue""Cost of sales""Other operat­ing income""External expenses". As income recog­n­i­tion cri­terion, the pro­duc­tion cri­terion is applied so that rev­enue com­prises the invoiced rev­enue for the year reduced by pre­pay­ments and with addi­tion for work in pro­gress meas­ured at mar­ket value. Rev­enue is meas­ured at fair value excl. VAT and less gran­ted dis­counts. Cost of sales com­prise expenses incurred to earn rev­enue for the year includ­ing pro­vi­sion in the year. Other operat­ing income com­prises income of a sec­ond­ary nature as viewed in rela­tion to the com­pany's primary activ­it­ies, includ­ing pay­ments received from public author­it­ies as well as profit on sale of fixed assets. External expenses com­prises Selling costsCost of premisesAdmin­is­trat­ive expenses. Staff costs include wages and salar­ies includ­ing hol­i­day pay and pen­sions and other social secur­ity costs etc. to the com­pany's employ­ees. Income from invest­ments in group enter­prises com­prises the pro rata share of the group enter­prises’ profit/loss adjus­ted for internal profits and losses less amort­isa­tion of good­will on con­sol­id­a­tion for the year. Fin­an­cial income is recog­n­ised with amounts con­cern­ing the fin­an­cial year. Fin­an­cial income com­prise interest, real­ised and unreal­ised exchange gains, real­ised and unreal­ised gains on sale of other secur­it­ies and invest­ments as well as interest reim­burse­ments under the Dan­ish Tax Pre­pay­ment Scheme. Fin­an­cial expenses is recog­n­ised with amounts con­cern­ing the the fin­an­cial year. Fin­an­cial expenses com­prise interest, real­ised and unreal­ised exchange losses, real­ised and unreal­ised losses on sale of other secur­it­ies and invest­ments as well as interest sur­charge under the Dan­ish Tax Pre­pay­ment Scheme. Tax on profit or loss for the year rep­res­ents 22% of the book profit or loss adjus­ted for non-tax­able and non-deduct­ible items. Tax on profit or loss for the year con­sists of the anti­cip­ated tax por­tion of the tax­able income for the year adjus­ted for the changes for the year in deferred tax. Changes in deferred taxes due to adjust­ments of tax rates is recog­n­ised in the income state­ment. Tax on profit or loss for the year is recog­n­ised in the income state­ment by the por­tion attrib­ut­able to the profit or loss for the year and recog­n­ised dir­ectly in equity by the por­tion attrib­ut­able to entries dir­ectly in equity. The com­pany is sub­ject to the Dan­ish Tax Pre­pay­ment Scheme. Interest reim­burse­ment and interest sur­charge have been recog­n­ised in fin­an­cial income and expenses. The bal­ance sheet has been presen­ted in account form. Intan­gible assets are meas­ured at cost less accu­mu­late amort­isa­tion. Cost com­prises the acquis­i­tion price as well as costs dir­ectly related to the acquis­i­tion until the time when the asset is ready to be put into opera­tion. Assets are amort­ised on a straight-line basis over their estim­ated use­ful lives: Cat­egory Period Acquired other sim­ilar rights 1 - 5 years As the intan­gible assets are not being traded in an act­ive and effect­ive mar­ket, no resid­ual val­ues after end of use are included when determ­in­ing the amort­isa­tion period.Profit/loss on sale has been included in the income state­ment under gross profit or loss and other operat­ing expenses.The car­ry­ing amounts of intan­gible assets are reviewed annu­ally for indic­a­tion of impair­ment for losses, apart from what is expressed by usual amort­isa­tion. If this applies, impair­ment for loss is made of each asset or group of assets, respect­ively, to lower recover­able amount. As recover­able amount, the higher of expec­ted net selling price and net present value is applied. The net present value is cal­cu­lated as the present value of the expec­ted cash flows from the use of the asset or the group of assets.Impair­ment for loss for the year is recog­n­ised in the income state­ment as amort­isa­tion, depre­ci­a­tion and impair­ment for loss of prop­erty, plant and equip­ment and intan­gible assets. Invest­ments in group enter­prises have been recog­n­ised accord­ing to the equity method. This means that invest­ments are meas­ured at the pro rata share of the group enter­prises' net asset value adjus­ted for internal dividends and profit or losses.Dis­trib­ut­able reserves in group enter­prises which are dis­trib­uted as dividends to the par­ent at the bal­ance sheet date are included in the value of invest­ments.Group enter­prises with neg­at­ive net asset val­ues are meas­ured at zero, and any receiv­able from such enter­prises is writ­ten down by the Par­ent's share of the neg­at­ive net asset value to the extend deemed irre­cover­able. If the neg­at­ive net asset value exceeds the amount receiv­able, the remain­ing amount is recog­n­ised in pro­vi­sions to the extent the Par­ent has a legal or con­struct­ive oblig­a­tion to cover the rel­ev­ant enter­prise's liab­il­it­ies.Acquis­i­tion of group enter­prises are recog­n­ised at cost. The dif­fer­ence between the cost price and the net asset value of the acquired com­pany, which appears at the time of est­ab­l­ish­ing the con­sol­id­a­tion, is as far as pos­s­ible alloc­ated to the assets and liab­il­it­ies whose value is higher or lower than the car­ry­ing amount. A remain­ing pos­it­ive dif­fer­ence is treated as good­will and included in the value of invest­ments.A neg­at­ive dif­fer­ence, reflect­ing an expec­ted cost or an unfa­vour­able devel­op­ment, are recog­n­ised as income in the income state­ment in the year of acquis­i­tion.Good­will is amort­ised in the income state­ment over 10 years. The amort­isa­tion period is based on an assess­ment of the mar­ket pos­i­tion, earn­ings pro­file, and expect­a­tions of cus­tomers loy­al­ity, which within reas­on­able lim­its is based on his­t­or­ical data/regis­tra­tions. Amort­isa­tions are recog­n­ised in the income state­ment with other value adjust­ments in the item income from invest­ments in group enter­prises. The total net revalu­a­tion of invest­ments in group enter­prises is alloc­ated through the profit or loss dis­tri­bu­tion to "Reserve for net revalu­a­tion accord­ing to the equity method" under equity. The reserve is reduced by dividend dis­tri­bu­tions to the Par­ent and is adjus­ted by changes in equity in the group enter­prises. Depos­its recog­n­ised as fixed assets are meas­ured at amort­ised cost, which usu­ally cor­responds to nom­inal amount. Receiv­ables are meas­ured in the bal­ance sheet at the lower of amort­ised cost and net real­is­able value, which cor­responds to nom­inal value less pro­vi­sions for bad debts. Pro­vi­sions for bad debts are determ­ined on the basis of an indi­vidual assess­ment of each receiv­able. Pre­pay­ments com­prise costs incurred relat­ing to sub­sequent fin­an­cial years. Reserve for cur­rent value adjust­ments of cur­rency gains com­prise accu­mu­late exchange dif­fer­ences arising out of the trans­la­tion of for­eign entit­ies fin­an­cial state­ments from local cur­ren­cies to DKK as well as trans­la­tion of receiv­ables, which is con­sidered to be a part of the net invest­ments in the for­eign entit­ies, from local cur­ren­cies to DKK. At the point in time of dis­vest­ment of a for­eign entity, the accu­mu­late exchange dif­fer­ences recog­n­ised in the reserve are trans­ferred to the income state­ment together with the profit or loss on the dis­vest­ment.Dividend dis­tri­bu­tion pro­posed by Man­age­ment for the year is dis­closed as a sep­ar­ate equity item. Deferred tax is meas­ured using the bal­ance sheet liab­il­ity method. Pro­vi­sion has been made for deferred tax by 22% on all tem­por­ary dif­fer­ences between car­ry­ing amount and tax-based value of assets and liab­il­it­ies. Deferred tax is also meas­ures with respect of the planned use of the asset and the set­tle­ment of the liab­il­ity. The tax value of the tax losses to be car­ried for­ward are included in the cal­cu­la­tion of deferred taxes if it is prob­able that the losses can be used. Deferred tax assets are meas­ured at net real­is­able value.The com­pany is Man­age­ment com­pany in a joint tax­a­tion with other Dan­ish group enter­prises. The tax effect of the joint tax­a­tion is alloc­ated among the group enter­prises in ratio to their tax­able income accord­ing to the rules on full alloc­a­tion with a refund for tax losses of the Dan­ish Cor­por­a­tion Tax Act. Cor­por­a­tion tax relat­ing to the fin­an­cial year which has not been settled at the bal­ance sheet date is to be clas­si­fied as cor­por­a­tion tax in receiv­ables or liab­il­it­ies other than pro­vi­sions. Joint tax con­tri­bu­tions between the jointly taxed com­pan­ies which have not been settled at the bal­ance sheet date are clas­si­fied as joint tax con­tri­bu­tions in receiv­ables or liab­il­it­ies other than pro­vi­sions. Fin­an­cial debts are recog­n­ised ini­tially at the pro­ceeds received net of trans­ac­tion expenses incurred, which are dir­ectly related with the loan. In sub­sequent years, fin­an­cial debts are meas­ured at amort­ised cost equal to the cap­it­al­ised value using the effect­ive interest rate. The dif­fer­ence between the pro­ceeds and the nom­inal value is recog­n­ised in the income state­ment over the loan period. Short-term debts are meas­ured at amort­ised cost, sub­stan­tially cor­respond­ing to nom­inal value. Deferred income com­prise income received relat­ing to sub­sequent fin­an­cial years. 41347074 39354270 37549825 33047363 1110493 591788 2686756 5715119 -297062 -497875 62828 355205 2039065 36145 413457 5536304 175251 1331787 238206 4204517 -1261794 1204517 465604 549836 465604 549836 4006490 4588306 343954 333981 4350444 4922287 4816048 5472123 14358809 12292093 203406 199967 203356 309549 276374 122622 2235326 765291 17277271 13689522 23487928 19100265 40765199 32789787 45581247 38261910 60000 60000 174874 174874 824914 2086708 1500000 3000000 2559788 5321582 2246599 2202121 2246599 2202121 56973 103384 1851038 150209 939209 870770 324616 625229 4387 16456 5983342 6209192 31615295 22762967 40774860 30738207 43021459 32940328 45581247 38261910  Con­trib­uted cap­italReserve for cur­rent value adjust­ments of cur­rency gainsRetained earn­ingsPro­posed dividend recog­n­ised in equityTotal DKKDKKDKKDKKDKK      Equity at 1 Janu­ary 202460.00034.096882.1911.500.0002.476.287Exchange rate adjust­ments for the year  140.7780 140.778Dividends paid  0-1.500.000-1.500.000Dis­trib­uted profit/loss for the year  1.204.5173.000.0004.204.517Equity at 1 Janu­ary 202560.000174.8742.086.7083.000.0005.321.582Exchange rate adjust­ments for the year  00 0Dividends paid  0-3.000.000-3.000.000Dis­trib­uted profit/loss for the year  -1.261.7941.500.000238.206Equity at 31 Decem­ber 202560.000174.874824.9141.500.0002.559.788     20252024 DKKDKK   Wages and salar­ies19.684.19116.893.038Pen­sions 673.086539.558Other social secur­ity costs235.428197.556Other staff cost16.957.12015.417.211Total37.549.82533.047.363   Average num­ber of full-time employ­ees2624       19684191 16893038 673086 539558 235428 197556 16957120 15417211 26 24  20252024 DKKDKK   Fin­an­cial income from group enter­prises8.3337.626Other fin­an­cial income54.495347.579Total62.828355.205 8333 7626 54495 347579        Cor­por­a­tion taxJoint tax con­tri­bu­tionDeferred taxTax on profit/loss for the year2024 DKKDKKDKKDKKDKK      Pay­ables at 1 Janu­ary 2025625.22916.456-122.622  Paid in respect of pre­vi­ous years-625.229-16.456   Tax on profit/loss for the year324.6164.387-153.752175.2511.331.787Pay­ables at 31 Decem­ber 2025324.6164.387-276.374  Tax on profit/loss for the year recog­n­ised in the income state­ment   175.2511.331.787      Recog­n­i­tion in bal­ance sheet:     Short-term receiv­ables (cur­rent asset)00-276.374  Short-term pay­ables324.6164.387   Total324.6164.387-276.374    Acquired other sim­ilar rightsTotal2024 DKKDKKDKK    Cost at 1 Janu­ary 20251.317.2001.317.2001.355.624Addi­tions for the year1.026.2611.026.261522.775Dis­pos­als for the year-1.093.736-1.093.736-561.199Cost at 31 Decem­ber 20251.249.7251.249.7251.317.200    Amort­isa­tion and impair­ment losses at 1 Janu­ary 2025-767.364-767.364-891.078Adjust­ments begin­n­ing of the year00154.303Amort­isa­tion for the year-1.110.493-1.110.493-591.788Reversal regard­ing dis­pos­als for the year1.093.7361.093.736561.199Amort­isa­tion and impair­ment losses at 31 Decem­ber 2025-784.121-784.121-767.364    Car­ry­ing amount at 31 Decem­ber 2025465.604465.604549.836  2024 DKK  Cost at 1 Janu­ary 2025729.765Dis­pos­als for the year-729.765Cost at 31 Decem­ber 20250  Depre­ci­a­tion and impair­ment losses at 1 Janu­ary 2025-729.765Reversal regard­ing dis­pos­als for the year729.765Depre­ci­a­tion and impair­ment losses at 31 Decem­ber 20250  Car­ry­ing amount at 31 Decem­ber 20250  Invest­ments in group enter­prisesDepos­itsTotal2024 DKKDKKDKKDKK     Cost at 1 Janu­ary 20255.940.129334.2146.274.3436.264.704Addi­tions for the year09.7409.7409.639Cost at 31 Decem­ber 20255.940.129343.9546.284.0836.274.343     Revalu­a­tions at 1 Janu­ary 20251.646.901 1.646.9011.472.066Exchange rate adjust­ments-284.521 -284.521140.778Revalu­a­tions for the year234.870 234.87034.057Revalu­a­tions at 31 Decem­ber 20251.597.250 1.597.2501.646.901     Amort­isa­tion and impair­ment losses at 1 Janu­ary 2025-2.998.9570-2.998.957-2.467.025Amort­isa­tion for the year-531.932 -531.932-531.932Amort­isa­tion and impair­ment losses at 31 Decem­ber 2025-3.530.8890-3.530.889-2.998.957     Car­ry­ing amount at 31 Decem­ber 20254.006.490343.9544.350.4444.922.287           Accord­ing to annual reportClicklearn ApS' share Equity interestCon­trib­uted cap­italProfit/loss for the yearEquityShare of profit/loss for the yearShare of equity   DKKDKKDKKDKK       Click­learn US inc.100%348.610250.4242.539.744250.4242.539.744Integ­devel­op­ment ApS100%50.000-15.554136.916-15.554136.916Total    234.8702.676.660Good­will     1.329.830Amort­isa­tions    -531.9320Total    -297.0624.006.490       Recog­n­i­tion in bal­ance sheet:      Invest­ments in group enter­prises     4.006.490Total     4.006.490 Clicklearn ApS     31‑12‑202531‑12‑2024 DKKDKK   Liab­il­it­ies in total:  Other pay­ables2.246.5992.202.121Total2.246.5992.202.121 Clicklearn ApS are jointly taxed with other group com­pan­ies and are sev­erally liable for tax on the jointly taxed incomes etc. of the group. Moreover, the group com­pan­ies are jointly and sev­erally liable for Dan­ish with­hold­ing taxes by way of tax on interest, dividend tax and tax on roy­alty pay­ments. Any sub­sequent adjust­ments of cor­por­a­tion taxes and with­hold­ing taxes may increase the the com­pany's liab­il­ity. Clicklearn ApS  2025 DKK  The com­pany has entered into rental com­mit­ment regard­ing rent of premises. The rental con­tract can be termin­ated with 6 months' notice. The total com­mit­ment rep­res­ents355.000Total rental and lease oblig­a­tions355.000 Revisionspåtegning 19263096 inforevision statsautoriseret revisionsaktieselskab Buddingevej 312 2860 Søborg 2026-06-16 2025-01-01 2025-12-31 2024-01-01 2024-12-31