41522127 2025-01-01 2025-12-31 2 41522127 2025-01-01 2025-12-31 3 41522127 2025-01-01 2025-12-31 41522127 2025-01-01 2025-12-31 1 41522127 2024-01-01 2024-12-31 41522127 2025-12-31 41522127 2024-12-31 41522127 2025-01-01 d:DevelopmentProjectsInProgressMember 41522127 2025-01-01 2025-12-31 d:DevelopmentProjectsInProgressMember 41522127 2025-12-31 d:DevelopmentProjectsInProgressMember 41522127 2025-01-01 2025-12-31 d:DepositsLongtermInvestmentsAndReceivablesMember 41522127 2025-12-31 d:DepositsLongtermInvestmentsAndReceivablesMember 41522127 2025-12-31 d:LongtermDebtToOtherCreditInstitutionsMember 41522127 2025-12-31 d:OtherLongtermPayablesMember 41522127 2025-01-01 d:ContributedCapitalMember 41522127 2024-01-01 d:ContributedCapitalMember 41522127 2025-12-31 d:ContributedCapitalMember 41522127 2024-12-31 d:ContributedCapitalMember 41522127 2025-01-01 d:ReserveForDevelopmentExpenditureMember 41522127 2024-01-01 d:ReserveForDevelopmentExpenditureMember 41522127 2025-01-01 2025-12-31 d:ReserveForDevelopmentExpenditureMember 41522127 2024-01-01 2024-12-31 d:ReserveForDevelopmentExpenditureMember 41522127 2025-12-31 d:ReserveForDevelopmentExpenditureMember 41522127 2024-12-31 d:ReserveForDevelopmentExpenditureMember 41522127 2025-01-01 d:RetainedEarningsMember 41522127 2024-01-01 d:RetainedEarningsMember 41522127 2025-01-01 2025-12-31 d:RetainedEarningsMember 41522127 2024-01-01 2024-12-31 d:RetainedEarningsMember 41522127 2025-12-31 d:RetainedEarningsMember 41522127 2024-12-31 d:RetainedEarningsMember 41522127 2025-01-01 2025-12-31 1 41522127 2025-01-01 2025-12-31 1 41522127 2025-01-01 2025-12-31 2 41522127 2025-01-01 2025-12-31 3 iso4217:DKK xbrli:pure Årsrapport 25492145 RSM Danmark, Statsautoriseret Revisionspartnerselskab Møllevænget, 17 7760, Hurup Thy 2024-01-01 2024-12-31 2025-01-01 2025-12-31 41522127 OptikosPrime ApS Collinsgade 4, st. 2100 København Ø RSM Danmark, Statsautoriseret Revisionspartnerselskab 25492145 Niclas Kruse Lyhne statsautoriseret revisor mne46626 Møllevænget 17 7760 Hurup Thy Danmark +45 97 95 18 22 hurup@rsm.dk 2026-06-22 Anders Kofod-Petersen Regnskabsklasse B Erklæring om udvidet gennemgang Ja CaseWare fra Revisorgruppen Danmark kapitalejerne Hurup Thy 2026-06-22 København Ø 2026-06-22 Grundlag for konklusion Konklusion -244569 -269195 909733 0 -1154302 -269195 2492 2883 349491 144985 -1501301 -411297 -363958 -135562 -1137343 -275735 -1137343 -275735 6969557 5032137 6969557 5032137 72000 0 72000 0 7041557 5032137 489926 577570 32090 4205 0 73914 522016 655689 1350231 414 1872247 656103 8913804 5688240 0 50000 50000 5436254 3925067 -5838665 -3190135 -352411 784932 1097477 971509 1097477 971509 2569744 0 3091883 1130954 5661627 1130954 1803522 848725 0 469248 201195 292455 502394 1190417 2507111 2800845 8168738 3931799 8913804 5688240 887469 0 22264 0 909733 0 3 2 5032137 1937420 6969557 6969557 72000 72000 72000 0 457732 1803522 0 50000 50000 50000 50000 3925067 1877320 1511187 2047747 5436254 3925067 -3190135 -866653 -1137343 -275735 -1511187 -2047747 -5838665 -3190135 Today, the Board of Directors and the Managing Director have approved the annual report of OptikosPrime ApS for the financial year 1 January - 31 December 2025. The annual report has been prepared in accordance with the Danish Financial Statements Act. We consider the chosen accounting policy to be appropriate, and in our opinion, the financial statements give a true and fair view of the financial position of the Company at 31 December 2025 and of the results of the Company's operations for the financial year 1 January – 31 December 2025. We recommend that the annual report be approved at the Annual General Meeting. Anders Kofod-Petersen Anders Kofod-Petersen Jens Erik Thorndahl Ståle Fredlund Husby We have performed an extended review of the financial statements of OptikosPrime 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. Based on the work performed, 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 OpinionWe conducted our extended review in accordance with the Danish Business Authority's Assurance Standard for Small Enterprises and FSR – Danish Auditors' standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the "Practitioner's responsibilities for the extended review of the Financial Statements" section of our report. We are independent of the Company in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Den­mark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion. Material Uncertainty Related to Going ConcernWithout modifying our opinion, we draw attention to the information provided in note 2 in which Management describes the material uncertainty with respect to the Company's ability to continue as a going concern. We agree with managements description of the uncertainty and the choice of accounting practises.  Others mattersEffective as from the current financial year, OptikosPrime ApS is subject to audit obligations. We must emphasize, as it also appears from the annual accounts, that no extended review or audit of the comparative figures in the annual accounts has been carried out. Without modifying our opinion, we draw attention to the fact that the Company's development projects in progress are subject to uncertainty regarding recognition and measurement. Reference is made to note 3 of the annual report. 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, 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 responsibility is to express a conclusion on the financial statements. This requires that we plan and perform procedures in order to obtain limited assurance for our conclusion on the financial statements and in addition perform specifically required supplementary procedures to obtain further assurance for our conclusion. An extended review comprises procedures that primarily consist of making inquiries of Management and others within the Company, as appropriate, analytical procedures and the specifically required supplementary procedures as well as evaluation of the evidence obtained. The procedures performed in an extended review are less than those performed in an audit, and accordingly, we do not express an audit opinion on the financial statements. The annual report for OptikosPrime 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 generalIncome 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, writedowns 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. 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. Foreign currency translationTransactions in foreign currency are translated by using the exchange rate prevailing at the date of the transaction. Differences in the rate of exchange arising between the rate at the date of transaction and the rate at the date of payment are recognised in the profit and loss account as an item under net financials. If currency positions are considered to hedge future cash flows, the value adjustments are recognised directly in equity in a fair value reserve. Receivables, payables, and other foreign currency monetary items are translated using the closing rate. The difference between the closing rate and the rate at the time of the occurrence or initial recognition in the latest financial statements of the receivable or payable is recognised in the income statement under financial income and expenses. Gross lossGross loss comprises external costs. Other external expenses comprise expenses incurred for administration. Staff costsStaff costs include salaries and wages, including holiday allowances, pensions, and other social security costs, etc., for staff members. Financial income and expensesFinancial 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 as well as surcharges and reimbursements under the advance tax scheme, etc. Tax on net profit or loss for the yearTax 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.  The company is subject to Danish rules on compulsory joint taxation of Danish group enterprises. The current Danish income tax is allocated among the jointly taxed companies proportional to their respective taxable income (full allocation with reimbursement of tax losses). Intangible assetsDevelopment projectsDevelopment costs comprise salaries, wages, and amortisation directly attributable to development activities. Clearly defined and identifiable development projects are recognised as intangible assets provided that they are proven to be technically practicable, that sufficient resources and a potential market or development opportunity exist, and insofar as the intention is to produce, market or utilise the project. It is, however, a condition that the cost can be reliably calculated and that a sufficiently high degree of certainty indicates that future earnings will cover the costs of production, sales, and administration. Other development costs are recognised in the income statement concurrently with their realisation. Development costs recognised in the statement of financial position are measured at cost less accrued amortisations and write-downs for impairment. Impairment loss relating to non-current assetsThe carrying amount of intangible fixed assets are subject to annual impairment tests in order to disclose any indications of impairment beyond those expressed by amortisation and depreciation respectively. If indications of impairment are disclosed, impairment tests are carried out for each individual asset or group of assets, respectively. Writedown for impairment is done to the recoverable amount if this value is lower than the carrying amount. The recoverable amount is the higher value of value in use and selling price less expected selling cost. The value in use is calculated as the present value of the expected net cash flows from the use of the asset or the asset group and expected net cash flows from the sale of the asset or the asset group after the end of their useful life. ReceivablesReceivables are measured at amortised cost, which usually corresponds to nominal value. Cash and cash equivalentsCash and cash equivalents comprise cash at bank and on hand. EquityReserve for development costsThe reserve for development costs comprises recognised development costs less related deferred tax liabilities. The reserve cannot be used as dividends or for covering losses. The reserve is reduced or dissolved if the recognised development costs are amortised or abandoned. This is done by direct transfer to the distributable reserves of the equity. Income tax and deferred taxCurrent 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. The company is jointly taxed with consolidated Danish companies. The current corporate income tax is distributed between the jointly taxed companies in proportion to their taxable income and with full distribution with reimbursement as to tax losses. The jointly taxed companies are comprised by the Danish tax prepayment scheme. Joint taxation contributions payable and receivable are recognised in the statement of financial position as ”Tax receivables from group enterprises" or "Income tax payable to group enterprises" According to the rules of joint taxation, OptikosPrime ApS is proportionally liable to pay the Danish tax authorities the total income tax, including withholding tax on interest, royalties, and dividends, arising from the jointly taxed group of companies. 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 provisionsOther liabilities concerning payables to suppliers, group enterprises, and other payables are measured at amortised cost which usually corresponds to the nominal value. 1.The significant activities of the enterprise The company's main activity is to run a business with the development and sale of software within optical measurements and related business. 2.Capital loss and continuing operationsThe Company has lost its share capital and is therefore subject to the capital loss provisions of the Danish Companies Act. Management expects to restore the share capital through the conversion of convertible loans into equity and, concurrently, through a new issue of shares, which will provide additional and necessary liquidity to the Company. As a result, Management expects that the Company will be able to continue as a going concern. 3.Uncertainties concerning recognition and measurementThe Company has recognized development projects in progress as assets in the financial statements. The value of these projects depends on future commercialisation and sales opportunities, which are inherently subject to uncertainty. Development projects in progress The ongoing development project comprises the development and testing of a system for measuring refractive error in the human eye (vision testing) using a mobile phone. The costs primarily consist of internal expenses in the form of salaries, indirect production costs, and minor external expenses related to the purchase of testing equipment. These costs are recorded through the Company’s internal project management module. The carrying amount as of 31 December 2025 amounts to DKK 6,970 thousands. The system is expected to be fully developed during 2027, after which marketing and sales activities can commence. Management expects to incur additional costs of DKK 5,024 thousand to complete the system. As the new system is the first known solution in the world capable of estimating refractive error using a mobile phone, it is expected to provide significant competitive advantages and thereby result in a substantial increase in the Company’s level of activity and financial performance. Disclosure of assumptions related to development projects The Company’s development project involves the development and testing of a system for measuring refractive error in the human eye (vision testing) using a mobile phone. The project is progressing as planned and is expected to be completed within the next 1–3 years. Market research indicates that the growing myopia epidemic, limited access to vision testing in developing countries, and increasing competition from purely online eyewear retailers are creating significant demand for this product. 9.Charges and securityFor loans, DKK 2.570 thousands, the company has provided security in company assets. This security comprises the assets below, stating the carrying amounts: DKK in thousands Development projects in progress6.970 10.Contractual obligations and contingencies, etc.Lease liabilities:The Company has entered into a lease agreement with a notice period of up to three months. Any obligation arising during a potential notice period is limited to DKK 72 thousand. Joint taxationWith Hold Lige det Her ApS, company reg. no 40193057 as administration company, the company is subject to the Danish scheme of joint taxation and is proportionally liable for tax claims within the joint taxation scheme. The company is proportionally liable for any obligations to withhold tax on interest, royalties, and dividends of the jointly taxed companies. The liabilities amount to a maximum amount corresponding to the share of the company capital, which is owned directly or indirectly by the ultimate parent company. The jointly taxed enterprises' total known net liability to the Danish tax authorities emerges from the financial statements of the administration company. Any subsequent adjustments of corporate taxes or withholding tax, etc., may result in changes in the company's liabilities.