37377139 2021-01-01 2021-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMembercmn:ConsolidatedMember 37377139 2021-01-01 2021-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMember 37377139 2022-01-01 2022-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMembercmn:ConsolidatedMember 37377139 2022-01-01 2022-12-31 fsa:ReserveForNetRevaluationAccordingToEquityMethodMember 37377139 2021-01-01 2021-12-31 fsa:MinorityInterestsMembercmn:ConsolidatedMember 37377139 2021-01-01 2021-12-31 fsa:MinorityInterestsMember 37377139 2022-01-01 2022-12-31 fsa:MinorityInterestsMembercmn:ConsolidatedMember 37377139 2022-01-01 2022-12-31 fsa:MinorityInterestsMember 37377139 2021-01-01 2021-12-31 cmn:ConsolidatedMember 37377139 2021-01-01 2021-12-31 37377139 2022-01-01 2022-12-31 cmn:ConsolidatedMember 37377139 2022-01-01 2022-12-31 37377139 2021-12-31 cmn:ConsolidatedMember 37377139 2021-12-31 37377139 2022-12-31 cmn:ConsolidatedMember 37377139 2022-12-31 37377139 2021-01-01 2021-12-31 fsa:RetainedEarningsMember cmn:ConsolidatedMember 37377139 2021-01-01 2021-12-31 fsa:RetainedEarningsMember 37377139 2022-01-01 2022-12-31 fsa:RetainedEarningsMember cmn:ConsolidatedMember 37377139 2022-01-01 2022-12-31 fsa:RetainedEarningsMember 37377139 2022-01-01 2022-12-31 1 cmn:ConsolidatedMember 37377139 2022-01-01 2022-12-31 3 cmn:ConsolidatedMember 37377139 2022-01-01 2022-12-31 2 cmn:ConsolidatedMember 37377139 2022-01-01 2022-12-31 1 cmn:ConsolidatedMember 37377139 2022-01-01 2022-12-31 1 cmn:ConsolidatedMember 37377139 2021-01-01 cmn:ConsolidatedMember 37377139 2021-01-01 37377139 2022-01-01 cmn:ConsolidatedMember 37377139 2022-01-01 37377139 2022-12-31 cmn:ConsolidatedMember 37377139 2022-12-31 37377139 2022-12-31 cmn:ConsolidatedMember 37377139 2022-12-31 iso4217:DKK xbrli:pure Til kapitalejerne i Artha Cargo A/S To the shareholders of Artha Cargo A/S 2860 Søborg Buddingevej 312 -8337499 4108852 -9801781 3335893 -655932 -109794 -761543 -390781 28 0 27 0 18945082 107953 19312181 1037283 18945082 107953 19312181 1037283 -245092 14587467 -30834260 -15739836 2561303 0 -4005152 0 0 0 9088 0 2900 Hellerup Strandvejen 58,3. 33850 0 8043 0 -127831 -1622398 -785760 -588028 25511258 5133547 18945082 107953 18945082 107953 19312181 1037283 -16000000 -16964926 16000000 17325328 9226479 -2648135 16190777 -656161 3300000 3300000 3300000 3300000 218005 0 448637 0 0 7157399 0 9622287 2773942 332504 4125026 17754 47283254 18422636 35140330 3641724 3648189 0 -528723 0 2971170 0 2961893 0 2971170 0 2961893 0 PENGESTRØMSOPGØRELSE CASH FLOW STATEMENT Pengestrømsopgørelsen viser koncernens og selskabets pengestrømme for året samt koncernens og selskabets likvider ved årets udgang. The cash flow statement shows the Groups and the Companys cash flows for the year as well as the Groups and the Companys cash and cash equivalents at year-end. Likviditetsvirkningen af køb og salg af virksomheder vises separat under pengestrømme fra investeringsaktiviteten. I pengestrømsopgørelsen indregnes pengestrømme vedrørende købte virksomheder fra overtagelsestidspunktet, og pengestrømme vedrørende solgte virksomheder indregnes frem til overdragelsestidspunktet. Cash flows from acquisitions and divestments are shown separately under cash flows from investing activities. In the cash flow statement, cash flows regarding acquired companies are recognized from the date of acquisition and cash flows from divested companies are recognized until the transfer date. Pengestrømme fra driftsaktivitet er opgjort som årets resultat reguleret for ikke likvide driftsposter, betalte finansielle poster, selskabsskatter samt stigning og fald i varebeholdninger, tilgodehavender fra salg og tjenesteydelser, gæld til leverandører af varer og tjenesteydelser, og andre ændringer i driftskapitalen. Cash flows from operating activities have been calculated as profit or loss adjusted for non-cash operating items, financial income and expenses paid, corporation taxes as well as increase and decrease in inventories, trade receivables, trade payables and other changes in assets and liabilities other than provisions deriving from operations. Pengestrømme fra investeringsaktivitet omfatter betalinger i forbindelse med køb og salg af anlægsaktiver. Cash flows from investing activities comprise payments in connection with acquisition and sale of fixed assets. Pengestrømme fra finansieringsaktivitet omfatter betalinger fra optagelse og tilbagebetaling af langfristede gældsforpligtelser samt ind- og udbetalinger til kapitalejere. Cash flows from financing activities comprise payments from inception and repayment of long-term liabilities other than provisions as well as payments made to and received from shareholders. Likvider omfatter likvide beholdninger samt driftskreditter hos kreditinstitutter, som indgår i koncernens og selskabets likviditetsstyring. Cash and cash equivalents comprise cash funds as well as operating credits at credit institutions included in the Group and Company’s cash management. GENERELT OM INDREGNING OG MÅLING RECOGNITION AND MEASUREMENT Regnskabet er udarbejdet med udgangspunkt i det historiske kostprisprincip. The financial statements have been prepared based on historical cost. Indtægterne indregnes i resultatopgørelsen i takt med, at de indtjenes. Herudover indregnes værdireguleringer af finansielle aktiver og forpligtelser, der måles til dagsværdi eller amortiseret kostpris. Endvidere indregnes i resultatopgørelsen alle omkostninger, der er afholdt for at opnå årets indtjening, herunder afskrivninger, nedskrivninger og hensatte forpligtelser samt tilbageførsler som følge af ændrede regnskabsmæssige skøn af beløb, der tidligere har været indregnet i resultatopgørelsen. The income is recognised in the income statement as earned. Further to this, value adjustments of financial assets and liabilities measured at fair value or amortised cost are recognised. Furthermore, all costs incurred to earn the profit or loss for year have been recognised in the income statement, including amortisation, depreciation, write-down and provisions as well as reversals as a consequence of changed accounting estimates of amounts previously recognised in the income statement. Aktiver indregnes i balancen, når det er sandsynligt, at fremtidige økonomiske fordele vil tilflyde selskabet, og aktivets værdi kan måles pålideligt. Assets are recognised in the balance sheet when it is probable that future economic benefits will flow into the Company, and the value of the asset can be measured reliably. Forpligtelser indregnes i balancen, når det er sandsynligt, at fremtidige økonomiske fordele vil fragå selskabet, og forpligtelsens værdi kan måles pålideligt. 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. GENERELT OM INDREGNING OG MÅLING, fortsat RECOGNITION AND MEASUREMENT, continued Ved første indregning måles aktiver og forpligtelser til kostpris. Efterfølgende måles aktiver og forpligtelser som beskrevet for hver enkelt regnskabspost nedenfor. On initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described below for each financial statement item. Visse finansielle aktiver og forpligtelser måles til amortiseret kostpris, hvorved der indregnes en konstant effektiv rente over løbetiden. Amortiseret kostpris opgøres som oprindelig kostpris med fradrag af afdrag og tillæg/fradrag af den akkumulerede afskrivning af forskellen mellem kostprisen og det nominelle beløb. Herved fordeles kurstab og -gevinst over løbetiden. Certain financial assets and liabilities are measured at amortised cost, by which a constant redemption yield is recognised over the term. Amortised cost is calculated as original cost less instalments and addition/deduction of the accumulated amortisation of the difference between cost and the nominal amount. Thereby, capital and exchange losses or gains are allocated over the term. Ved indregning og måling tages hensyn til forudsigelige tab og risici, der fremkommer, inden årsrapporten aflægges, og som be- eller afkræfter forhold, der eksisterer på balancedagen. On recognition and measurement, anticipated losses and risks that appear before presentation of the annual report and which confirm or invalidate affairs or conditions existing at the balance sheet date are considered. Som målevaluta benyttes danske kroner. Alle andre valutaer anses som fremmed valuta. The functional currency is Danish kroner, DKK. All other currencies are considered foreign currencies. VALUTAOMREGNING FOREIGN CURRENCY TRANSLATION Transaktioner i fremmed valuta er i årets løb omregnet til transaktionsdagens kurs. Hvis valutapositioner anses for sikring af fremtidige pengestrømme, indregnes værdireguleringerne direkte på egenkapitalen. 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. Tilgodehavender og gæld i fremmed valuta er indregnet til balancedagens kurs. Receivables and debt denominated in foreign currencies have been recognised at the exchange rate of the balance sheet date. Realiserede og urealiserede valutakursfortjenester og -tab er indregnet i resultatopgørelsen under andre finansielle indtægter og øvrige finansielle omkostninger. Realised and unrealised exchange gains and losses have been recognised in the income statement under other financial income and expenses. Periodeafgrænsningsposter Prepayments Periodeafgrænsningsposter, indregnet under aktiver, omfatter afholdte omkostninger vedrørende efterfølgende regnskabsår. Prepayments comprise costs incurred relating to subsequent financial years. Immaterielle anlægsaktiver Intangible assets Immaterielle anlægsaktiver måles til kostpris med fradrag af akkumulerede afskrivninger. Intangible assets are measured at cost less accumulate amortisation. Kostprisen omfatter anskaffelsesprisen samt omkostninger direkte tilknyttet anskaffelsen indtil det tidspunkt, hvor aktivet er klar til at blive taget i brug. 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. Aktiverne afskrives lineært over deres forventede økonomiske brugstid: Assets are amortised on a straight-line basis over their estimated useful lives: Goodwill 3 - 10 år Goodwill 3 - 10 y. Erhvervede rettigheder 3 år Erhvervede rettigheder 3 y. Der er ved fastlæggelse af afskrivningsperioderne ikke medtaget restværdi efter endt brug, da de immaterielle aktiver ikke bliver handlet på et aktivt og effektivt marked. 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 depreciation period. Fastlæggelse af afskrivningsperioden for goodwill er sket som en samlet vurdering af de erhvervede virksomheders markedsposition, indtjeningsprofil og forventning til kundeloyalitet. The depreciation period for goodwill is determined as an overall assessment of the acquired companies market position, earnings profile and expectations of customers loyality. Værdipapirer og kapitalandele Securities and investments Værdipapirer og kapitalandele indregnet under omsætningsaktiver omfatter børsnoterede aktier og obligationer, som måles til dagsværdi (børskurs) på balancedagen. Modtagne udbytter og renter, realiserede og urealiserede kursavancer og -tab er indregnet i resultatopgørelsen under andre finansielle indtægter og øvrige finansielle omkostninger. Securities and investments recognised as current assets comprise listed share and mortgage deed portfolio which are measured at fair value at the balance sheet date. Realised and unrealised capital gains and losses have been recognised in the income statement under other financial income and other financial expenses, respectively. Materielle anlægsaktiver Property, plant and equipment Materielle anlægsaktiver måles til kostpris med fradrag af akkumulerede afskrivninger. Afskrivningsgrundlaget er kostpris med fradrag af forventet restværdi efter afsluttet brugstid. Property, plant and equipment are measured at cost less accumulate amortisation and depreciation. The basis of amortisation and depreciation is cost less estimated residual value after the end of useful life. Kostprisen omfatter anskaffelsesprisen samt omkostninger direkte tilknyttet anskaffelsen indtil det tidspunkt, hvor aktivet er klar til at blive taget i brug. 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. Afskrivninger påbegyndes, når aktiverne er klar til ibrugtagning. Der foretages lineære afskrivninger baseret på følgende forventninger til brugstid og restværdier: Depreciation is initiated when the assets are ready to be taken into operation. Assets are depreciated on a straight-line basis over their estimated useful lives with following residual values: Brugstid Restværdi Useful lives Residual value Andre anlæg, driftsmateriel og inventar 3 - 5 år 0% Other fixtures, etc. 3 - 5 y. 0% Materielle anlægsaktiver, fortsat Property, plant and equipment, continued Småaktiver med en levetid under et år er omkostningsført i resultatopgørelsen under eksterne omkostninger. Minor purchases with useful lives below one year have been recognised as an expense in the income statement in external expenses. Fortjeneste/tab ved salg eller udrangering er medtaget i resultatopgørelsen under andre driftsindtægter og andre driftsomkostninger. Profit/loss on sale or retirement has been included in the income statement under other operating income and other operating expenses. 169263 0 225684 0 2860 Søborg Buddingevej 312 59183817 44462911 74913260 54530995 Regnskabsklasse B Årsrapporten aflægges i overensstemmelse med årsregnskabsloven. The annual report has been prepared in accordance with the Danish Financial Statements Act. Det er vor opfattelse, at koncernregnskabet og årsregnskabet giver et retvisende billede af koncernens og selskabets aktiver, passiver og finansielle stilling pr. 31. december 2022 samt af resultatet af koncernens og selskabets aktiviteter og pengestrømme for regnskabsåret 1. januar - 31. december 2022. In our opinion the consolidated financial statements and the financial statements give a true and fair view of the Group and the Companys financial position at 31 December 2022 and of the result of the Group and the Companys operations and cash flows for the financial year 1 January - 31 December 2022. 2023-05-16 2023-05-30 Kapitalandele i tilknyttede virksomheder Investments in group enterprises Kapitalandele i tilknyttede er indregnet efter den indre værdis metode, således at kapitalandelen måles til den forholdsmæssige andel af de tilknyttede virksomheders regnskabsmæssige indre værdi reguleret for interne udbytter og avancer. Investments in group enterprises have been recognised according to the equity method, so that the investment is measured at the pro rata share of the group enterprises net asset value adjusted for internal dividends and gains. Udenlandske tilknyttede virksomheders resultat og egenkapital er omregnet til danske kroner. Valutakursreguleringer, der opstår ved omregning af de udenlandske tilknyttede virksomheders egenkapital ved regnskabsårets begyndelse og omregning af årets resultat fra gennemsnitskurs til balancedagens kurs, føres direkte over egenkapitalen. Foreign group enterprises profit or loss and equity have been translated into DKK. Exchange adjustments arising on translation of the foreign group enterprises equity at the beginning of the financial year as well as profit/loss for the financial year are taken to equity. Disponible reserver i de tilknyttede virksomheder, som på balancetidspunktet disponeres som udbytte til moderselskabet, indgår i værdien af kapitalandele. 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. Kapitalandele i tilknyttede virksomheder, fortsat Investments in group enterprises, continued Tilknyttede virksomheder med negativ regnskabsmæssig indre værdi måles til nul, og et eventuelt tilgodehavende hos disse virksomheder nedskrives med moderselskabets andel af den negative indre værdi i det omfang, det vurderes uerholdeligt. Såfremt den regnskabsmæssige negative indre værdi overstiger tilgodehavendet, indregnes det resterende beløb under hensatte forpligtelser i det omfang, modervirksomheden har en retlig eller faktisk forpligtelse til at dække den pågældende virksomheds forpligtelser. Group enterprises with negative net asset values are measured at zero, and any receivable from such enterprises is written down by the Parents 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 enterprises liabilities. Køb af tilknyttede virksomheder indregnes til kostpris. Forskellen imellem kostprisen og den regnskabsmæssige indre værdi i den købte virksomhed, som fremkommer på det tidspunkt, hvor koncernforholdet bliver etableret, er så vidt muligt fordelt på de aktiver og passiver, hvis værdi er højere eller lavere end det bogførte beløb. Et resterende positivt forskelsbeløb behandles som koncerngoodwill og indgår i værdien af kapitalandele, der afskrives lineært i resultatopgørelsen over 3-10 år. Et negativt forskelsbeløb, der modsvarer en forventet omkostning eller en ugunstig udvikling, indtægtsføres i resultatopgørelsen i anskaffelsesåret. Acquisition of group enterprises are recognized 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, which is amortized in the income statement over 3 to 10 years. A negative difference , reflecting an expected cost or an unfavourable development, are recognized as income in the income statement in the year of acquistion. Den samlede nettoopskrivning af kapitalandele i tilknyttede virksomheder henlægges via overskudsdisponeringen til "reserve for nettoopskrivning efter den indre værdis metode" under egenkapitalen. Reserven reduceres med udbytteudlodninger til moderselskabet, og reguleres med egenkapitalbevægelser i de tilknyttede virksomheder. The total net revaluation of investments in group enterprises is allocated via the profit 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. Personaleomkostninger Staff costs Personaleomkostninger omfatter løn og gager, inklusive feriepenge og pensioner samt andre omkostninger til social sikring m.v. til selskabets medarbejdere. Staff costs include wages and salaries including holiday pay and pensions and other social security costs etc. to the Company´s employees. Eksterne omkostninger External expenses Eksterne omkostninger omfatter salgs-, lokale- og administrationsomkostninger. External expenses comprise selling costs, facility costs and administrative expenses. Bruttofortjeneste Gross profit/loss Selskabet har foretaget et sammendrag af posterne "nettoomsætning", "andre driftsindtægter" og "eksterne omkostninger". The Company has aggregated the items "revenue", "other operating income" and "external expenses". Indtægter af kapitalandele i tilknyttede virksomheder Income from investments in group enterprises Indtægter af kapitalandele i tilknyttede virksomheder omfatter den forholdsmæssige andel af de tilknyttede virksomheders driftsresultat reguleret for interne avancer og tab fratrukket årlige afskrivninger på koncerngoodwill. Income from investments in group enterprises comprises the pro rata share of the group enterprises’ operating profit/loss adjusted for internal profits and losses less annual amortisation of goodwill on consolidation. Andre tilgodehavender, der er anlægsaktiver Other receivables (fixed assets) Andre tilgodehavender indregnet under anlægsaktiver omfatter udlån og lejedeposita, som er målt til amortiseret kostpris, hvilket sædvanligvis svarer til nominel værdi. I tilfælde hvor den regnskabsmæssige værdi overstiger genindvindingsværdien, nedskrives til denne lavere værdi. Årets nedskrivning indregnes i resultatopgørelsen under nedskrivning af finansielle aktiver. Other receivables recognised under fixed assets comprise loans and rental deposits measured at amortised cost , which usually corresponds to nominal amount. In events when the carrying amount exceeds the recoverable amount, impairment for loss is made to such lower value. Impairment for loss for the year is recognised in the income statement as impairment for loss of financial assets. Tilgodehavender Receivables Tilgodehavender måles til amortiseret kostpris, der sædvanligvis svarer til nominel værdi. Værdien reduceres med nedskrivning til imødegåelse af forventede tab efter en individuel vurdering. Receivables are measured at amortised cost which usually corresponds to nominal value. The value is reduced by write-down for bad debt according to an individual assessment. Nettoomsætning Revenue Ved salg af kommissioner og salg af flyplads anvendes leveringskriteriet som indtægtskriterium. Nettoomsætningen indregnes i resultatopgørelsen, såfremt levering og risikoovergang til køber har fundet sted inden regnskabsårets udgang. Nettoomsætningen måles til dagsværdien ekskl. moms og med fradrag af afgivne kunderabatter. As income recognition criterion, the completed contract method is applied so that revenue comprises invoiced revenue for the year. Revenue from the sales to freight forwarders and agency commissions from airlines is recognised in the income statement when delivery is made and risk has passed to the buyer before the end of the financial year. Revenue is measured at fair value excl. VAT and less granted customer discounts. Skat af årets resultat og selskabsskat Tax on profit or loss for the year and income taxes Skat af årets resultat udgør 22 % af det regnskabsmæssige resultat korrigeret for ikke indkomstskattepligtige og ikke fradragsberettigede poster. Tax on profit or loss for the year represents 22% of the book profit or loss adjusted for non-taxable and non-deductible items. Skat af årets resultat er sammensat af den forventede skat af årets skattepligtige indkomst reguleret for årets forskydning i udskudt skat. Ændring i udskudt skat som følge af ændring i skattesatser indregnes i resultatopgørelsen. 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. Selskabet er sambeskattet med øvrige danske koncernselskaber og fungerer som administrationsselskab. Skatteeffekten af sambeskatningen fordeles mellem koncernselskaberne i forhold til deres skattepligtige indkomster efter selskabsskattelovens regler om fuld fordeling med refusion vedrørende skattemæssige underskud. As management company, The Company is jointly taxed 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. Sambeskatningsbidrag mellem de sambeskattede selskaber, som ikke er afregnet på balancedagen, klassificeres som sambeskatningsbidrag under enten tilgodehavender eller gældsforpligtelser. 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. Selskabet er omfattet af acontoskatteordningen. Rentegodtgørelse og rentetillæg er indregnet under finansielle indtægter og omkostninger. The Company is subject to the Danish Tax Prepayment Scheme. Interest reimbursement and interest surcharge have been recognised in financial income and expenses. Væsentligste aktiviteter Primary activities Koncernens hovedaktivitet er salg og service indenfor luftfragt. The Groups mail activity is sales and service within the air cargo industry. Selskabets formål er at investere i selskaber, der tilbyder serviceydelser inden for luftfragt, herunder salg af luftfragt og konsulentbistand indenfor luftfragtområdet. The companys purpose is to invest in companies that offers air cargo services, including sales and consultancy services within the air cargo. Udviklingen i koncernens og selskabets aktiviteter og økonomiske forhold Development in the Group and the Companys activities and finances Koncernens resultatopgørelse udviser et resultat efter skat på DKK 12.165.411 (DKK 10.165.706 i 2021) ud af en bruttofortjeneste på DKK 36.027.956 (DKK 31.666.551 i 2021). The consolidated income statement show profit for the year of DKK 12.165.411 (DKK 10.165.706 in 2021) out of gross profit of DKK 36.027.956 (DKK 31.666.551 in 2021). Balancen for koncernen pr. 31/12 2022 udviser en egenkapital på DKK 57.552.414 (DKK 46.283.021 pr. 31/12 2021). The balance sheet for the consolidated on 31/12 2022 shows an equity of DKK 57.552.414 (DKK 46.283.021 on 31/12 2021). <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 1041px" ><tr><td style="width: 3%"></td><td style="width: 8%"></td><td style="width: 22%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="font-weight: bold; text-align: left">NOTES</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left">8</td><td Colspan = 15 style="text-align: left">Anlægsoversigt,</td></tr><tr><td Colspan = 2 style="text-align: left"></td><td Colspan = 6 style="text-align: left">finansielle aktiver</td><td Colspan = 1 style="font-weight: bold; text-align: Center">MODER</td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td></tr><tr><td Colspan = 2 style="text-align: left"></td><td Colspan = 6 style="border-bottom: 1px solid; text-align: left">List of fixed assets, amortisation and depreciation, fixed asset investments</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">PARENT</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Kapitalandele</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Tilgodeh.</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">Andre værdi-</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">i tilknyttede</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">hos tilknyttede</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">papirer og </td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">virksomheder</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">virksomheder</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">kapitalandele</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">I ALT</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Investments</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Receivables</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">Other</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">in group</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">from group</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">securities and </td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">enterprises</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">enterprises</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Center">investments</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">TOTAL</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">31/12 2021</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Kostpris pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">7.000.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">14.890.738</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">21.890.738</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">34.855.807</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Cost at 1/1 2022</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Tilgang i året</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">31.201.800</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">31.201.800</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Additions for the year</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Afgang i året</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-14.890.738</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-14.890.738</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-12.965.069</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Disposals for the year</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">KOSTPRIS PR. 31/12 2022</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">7.000.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">31.201.800</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">38.201.800</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">21.890.738</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">COST AT 31/12 2022</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Opskrivninger pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">5.949.537</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">5.949.537</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-1.824.424</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Revaluations at 1/1 2022</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Årets resultatandele</td><td Colspan = 1 style="text-align: Right">9.922.287</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">9.922.287</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">7.457.399</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Share of net profit or loss for the year </td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Egenkapitalposteringer i dattervirksomheder</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-716.814</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-716.814</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">316.562</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Items recognised in equity in subsidiaries</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Opskrivninger pr. 31/12 2022</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">15.155.010</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">15.155.010</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">5.949.537</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Revaluations at 31/12 2022</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Af- og nedskrivninger pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">1.800.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">1.800.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">1.500.000</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Amortisations and impairment at 1/1 2022</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Årets nedskrivninger</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">367.540</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">367.540</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Impairment for the year</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">Afskrivning koncerngoodwill</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">300.000</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Amortisation on goodwill on consolidation</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">AF- OG NEDSKRIVNINGER PR. 31/12 2022</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2.100.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">367.540</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2.467.540</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">1.800.000</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">AMORTISATIONS AND IMPAIRMENT AT 31/12 2022</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 7 style="text-align: left">REGNSKABSMÆSSIG VÆRDI PR. 31/12 2022</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">20.055.010</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">30.834.260</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">50.889.270</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">26.040.275</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">CARRYING AMOUNT AT 31/12 2022</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">GROUP</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">PARENT</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left">4</td><td Colspan = 13 style="text-align: left">Øvrige finansielle udgifter</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: left"></td><td Colspan = 5 style="border-bottom: 1px solid; text-align: left">Other financial expenses</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Renteindtægter fra tilknyttede virksomheder</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">16.802</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">3.936</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Interest income from group enterprises</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Finansielle indtægter i øvrigt</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">761.543</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">655.932</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">373.979</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">105.858</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Other financial income</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">I ALT</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">761.543</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">655.932</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">390.781</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">109.794</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">TOTAL</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">GROUP</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">PARENT</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left">3</td><td Colspan = 13 style="text-align: left">Andre finansielle indtægter</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: left"></td><td Colspan = 5 style="border-bottom: 1px solid; text-align: left">Other financial income</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Renteindtægter fra tilknyttede virksomheder</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">588.028</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">1.622.398</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Interest income from group enterprises</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Finansielle indtægter i øvrigt</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">785.760</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">127.831</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Other financial income</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">I ALT</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">785.760</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">127.831</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">588.028</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">1.622.398</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">TOTAL</td></tr></table> 452437 0 -989417 0 Værdiforringelse af immaterielle og materielle anlægsaktiver Impairment of intangible assets and property, plant and equipment Den regnskabsmæssige værdi af immaterielle og materielle anlægsaktiver gennemgås årligt for indikationer på værdiforringelse, ud over det som udtrykkes ved de normale afskrivninger. Hvis dette er tilfældet, foretages der nedskrivning af hvert enkelt aktiv henholdsvis gruppe af aktiver til lavere genindvindingsværdi. The carrying amount of intangible assets and property plant and equipment is reviewed annually for indication of impairment for loss, apart from what is expressed by usual amortisation and depreciation. If this applies, impairment for loss is made of each asset or group of assets, respectively, to lower recoverable amount. Som genindvingsværdi anvendes den højeste værdi af forventet nettosalgspris og kapitalværdi. Kapitalværdi opgøres som nutidsværdien af de forventede nettopengestrømme fra anvendelsen af aktivet eller aktivgruppen. 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 anticipated cash flows from the use of the asset or the group of assets. Årets nedskrivninger indregnes i resultatopgørelsen under af- og nedskrivninger af materielle og immaterielle anlægsaktiver. 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. Grundlag for konklusion Basis for opinion Vi har udført vores revision i overensstemmelse med internationale standarder om revision og de yderligere krav, der er gældende i Danmark. Vores ansvar ifølge disse standarder og krav er nærmere beskrevet i revisionspåtegningens afsnit "Revisors ansvar for revisionen af årsregnskabet". Vi er uafhængige af selskabet i overensstemmelse med International Ethics Standards Board for Accountants’ internationale retningslinjer for revisorers etiske adfærd (IESBA Code) og de yderligere etiske krav, der er gældende i Danmark, ligesom vi har opfyldt vores øvrige etiske forpligtelser i henhold til disse krav og IESBA Code. 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’ 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. Det er vores opfattelse, at det opnåede revisionsbevis er tilstrækkeligt og egnet som grundlag for vores konklusion. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. INDEPENDENT AUDITORS REPORT, continued <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 763px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 13%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 13%"></td><td style="width: 2%"></td><td style="width: 10%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 10%"></td><td style="width: 1%"></td><td style="width: 5%"></td></tr><tr><td Colspan = 1 style="text-align: left">11</td><td Colspan = 14 style="text-align: left">Eventualforpligtelser</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: left"></td><td Colspan = 14 style="border-bottom: 1px solid; text-align: left">Contingent liabilities</td></tr><tr><td Colspan = 15 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 6 style="border-bottom: 1px solid; text-align: left">Moderselskabet:</td><td Colspan = 1 style="text-align: left">Parent company:</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 15 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 6 style="text-align: left">Selskabet indgår i sambeskatningen med øvrige koncernselskaber og hæfter solidarisk med de øvrige koncernselskaber for forfaldne og ikke afregnede selskabsskatter samt kildeskat af renter, royalties og udbytte. Det samlede beløb for skyldig selskabsskat fremgår af årsrapporten for Artha Cargo A/S. Eventuelle senere korrektioner til selskabsskatter og kildeskatter kan medføre at selskabets hæftelse udgør et større beløb.</td><td Colspan = 1 style="text-align: left">The company is jointly taxed with other group companies and is jointly liable with the other group companies for payable and unsettled corporation and withholding taxes.The total amount for payable corporate tax is shown in the annual report for Artha Cargo A/S. Any subsequent corrections to the corporate tax and withholding taxes can lead to a higher liability for the Company.</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 15 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 6 style="text-align: left">Selskabet har stillet kaution overfor øvrige koncernselskaber.</td><td Colspan = 1 style="text-align: left">The Company has provided a fellow subsidiary guarantee for other group companies. </td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 1 style="text-align: left">13</td><td Colspan = 13 style="text-align: left">Kontraktlige forpligtelser</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: left"></td><td Colspan = 13 style="border-bottom: 1px solid; text-align: left">Contractual obligations</td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 6 style="border-bottom: 1px solid; text-align: left">Koncernen:</td><td Colspan = 1 style="text-align: left">The Group:</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 6 style="text-align: left">Koncernen har indgået aftale om leje af kontorlokaler samt leasingaftaler. De samlede forpligtelser udgør t.kr. 628.</td><td Colspan = 1 style="text-align: left">The Group has entered into lease of premises and other operating leases. The total lease commitment represents TDKK 628.</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr></table> 31666551 -36144 36027956 -116942 0 7157399 0 9622287 <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 1041px" ><tr><td style="width: 3%"></td><td style="width: 8%"></td><td style="width: 22%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left">9</td><td Colspan = 15 style="text-align: left">Kapitalandele i tilknyttede virksomheder</td></tr><tr><td Colspan = 2 style="text-align: left"></td><td Colspan = 15 style="border-bottom: 1px solid; text-align: left">Investments in group enterprises</td></tr><tr><td Colspan = 16 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Artha Cargo A/Ss andel</td></tr><tr><td Colspan = 16 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">Artha Cargo A/Ss share</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Selskabs-</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Årets</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Egen-</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Årets</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Andel af</td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Ejerandel</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">kapital</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">resultat</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">kapital</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">resultatandel</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">egenkapital</td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Ownership</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Contributed</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Profit or loss</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Share of profit/loss</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Share</td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right"> share</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">capital</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">for the year</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">Equity</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">for the year</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">of equity</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Tilknyttede virksomheder:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="border-bottom: 1px solid; text-align: left">Group enterprises</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="border-top: 1px solid; text-align: left">Cargo Air A/S, Hellerup</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">5.000.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">12.402.859</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">23.943.760</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">9.922.287</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">19.155.010</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Koncerngoodwill</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">900.000</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Goodwill on consolidation</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">I ALT</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">9.622.287</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">20.055.010</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">TOTAL</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Indirekte kapitalandele i tilknyttede virksomheder:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="border-bottom: 1px solid; text-align: left">Indirect investments in group enterprises</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Scanpartners International A/S, København</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">595.238</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">16.495.936</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">41.349.181</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Scanpartners International AS, Norge</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">446.174</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">3.885.086</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">10.232.004</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Scanpartners International Sverige AB, Sverige</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">78.560</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.914.345</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">5.623.470</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Oy Scanpartners International Finland Ltd., Finland</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">250.385</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">1.910.008</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.669.579</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Cargo Care International ApS, København</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">250.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-117.406</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-357.465</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Cargo Care International AS, Norge</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">90.552</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-27.511</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">73.555</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Cargo Care International Sweden AB, Sverige</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">78.560</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-13.171</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">56.583</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Oy CCI Finland Ltd., Finland</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">18.609</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">30.600</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">401.558</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr></table><table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 1041px" ><tr><td style="width: 3%"></td><td style="width: 8%"></td><td style="width: 22%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left">9</td><td Colspan = 15 style="text-align: left">Kapitalandele i tilknyttede virksomheder</td></tr><tr><td Colspan = 2 style="text-align: left"></td><td Colspan = 15 style="border-bottom: 1px solid; text-align: left">Investments in group enterprises</td></tr><tr><td Colspan = 16 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Artha Cargo A/Ss andel</td></tr><tr><td Colspan = 16 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">Artha Cargo A/Ss share</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Selskabs-</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Årets</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Egen-</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Årets</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Andel af</td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Ejerandel</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">kapital</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">resultat</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">kapital</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">resultatandel</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">egenkapital</td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Ownership</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Contributed</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Profit or loss</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Share of profit/loss</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Share</td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right"> share</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">capital</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">for the year</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">Equity</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">for the year</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">of equity</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Tilknyttede virksomheder:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="border-bottom: 1px solid; text-align: left">Group enterprises</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="border-top: 1px solid; text-align: left">Cargo Air A/S, Hellerup</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">5.000.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">12.402.859</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">23.943.760</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">9.922.287</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">19.155.010</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Koncerngoodwill</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">900.000</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Goodwill on consolidation</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">I ALT</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">9.622.287</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">20.055.010</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">TOTAL</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Indirekte kapitalandele i tilknyttede virksomheder:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="border-bottom: 1px solid; text-align: left">Indirect investments in group enterprises</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Scanpartners International A/S, København</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">595.238</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">16.495.936</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">41.349.181</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Scanpartners International AS, Norge</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">446.174</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">3.885.086</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">10.232.004</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Scanpartners International Sverige AB, Sverige</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">78.560</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.914.345</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">5.623.470</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Oy Scanpartners International Finland Ltd., Finland</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">250.385</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">1.910.008</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.669.579</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Cargo Care International ApS, København</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">250.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-117.406</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-357.465</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Cargo Care International AS, Norge</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">90.552</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-27.511</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">73.555</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Cargo Care International Sweden AB, Sverige</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">78.560</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-13.171</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">56.583</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Oy CCI Finland Ltd., Finland</td><td Colspan = 1 style="text-align: Right">80%</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">18.609</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">30.600</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">401.558</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr></table> Årsrapport 11770175 0 8827631 0 52982 26040275 30887242 50889270 inforevision, Statsautoriseret Revisionsaktieselskab -1415931 278 3384133 -276 -16000000 -16964926 16000000 17325328 0 0 30834260 11544491 0 8658368 0 KONCERNREGNSKAB CONSOLIDATED FINANCIAL STATEMENT Koncernregnskabet omfatter modervirksomheden og de virksomheder (tilknyttede virksomheder), som kontrolleres af modervirksomheden. Modervirksomheden anses for at kontrollere en virksomhed, når den direkte eller indirekte ejer mere end 50% af stemmerettighederne eller på anden måde kan kontrollere eller faktisk kontrollerer de økonomiske og driftsmæssige beslutninger i virksomheden. The consolidated financial statements comprise the parent company and the enterprises (group enterprises) controlled by the parent company. The parent company is deemed to be controlling an enterprise when it directly or indirectly controls more than 50 % of the voting rights or is otherwise able to exercise control or de facto control with respect to the economic and operational decisions in the enterprise. Koncernregnskabet er udarbejdet på grundlag af regnskaber for moderselskabet og de tilknyttede virksomheder ved sammenlægning af regnskabsposter af ensartet karakter. The consolidated financial statements are prepared on the basis of the financial statements of the parent company and the group enterprises by the adding together of items of a uniform nature. Ved udarbejdelsen af koncernregnskabet er der foretaget eliminering af koncernvirksomhedernes indbyrdes mellemværender, indtægter og omkostninger samt fortjenester og tab ved transaktioner mellem de tilknyttede virksomheder. In the preparation of the consolidated financial statements, all intercompany balances, income and expenses as well as gains and losses arising from transactions between the group enterprises have been eliminated. Kapitalandele i de tilknyttede virksomheder er udlignet med de forholdsmæssige andele af de tilknyttede virksomheders regnskabsmæssige indre værdi. Equity investments in the group enterprises have been eliminated by the group enterprises proportionate shares of the equity value. De regnskaber, der anvendes til brug for konsolideringen, er aflagt i overensstemmelse med koncernens regnskabspraksis. Udenlandske virksomheders resultat og egenkapital er omregnet til danske kroner. Valutakursreguleringer, der opstår ved omregning af de udenlandske virksomheders egenkapital ved regnskabsårets begyndelse og omregning af årets resultat fra gennemsnitskurs til balancedagens kurs, føres direkte over egenkapitalen. The financial statements used for the purpose of consolidation have been prepared in accordance with the consolidated accounting policies. The net profit or loss for the year and the equity of foreign enterprises have been expressed in Danish kroner. Foreign currency translation adjustments arising as a result of translation of the equity of the foreign enterprises at the beginning of the financial year and translation of the net profit or loss for the year from the average rate of exchange to the closing rate are charged directly to equity. Ved køb af tilknyttede virksomheder er det forskelsbeløb, som fremkommer ved udligningen så vidt muligt fordelt på de aktiver og passiver i de tilknyttede virksomheder, hvis værdi er højere eller lavere end det beløb, hvortil de er bogført, på det tidspunkt, hvor koncernforholdet blev etableret. Et resterende positivt forskelsbeløb behandles som koncerngoodwill og opføres under immaterielle anlægsaktiver. Et negativt forskelsbeløb, der modsvarer en forventet omkostning eller en ugunstig udvikling, indtægtsføres i resultatopgørelsen i anskaffelsesåret. Where group enterprises have been acquired, the balance resulting from the elimination has to the extent possible been distributed on the assets and liabilities of the group enterprises whose value is above or below the amount at which they were booked when the group relation was established. Any remaining positive balance is treated as consolidated goodwill and stated under intangible assets. Any negative balance which is equal to an expected cost or an adverse development in the group enterprises is recognised as income in the income statement. 655932 109794 761543 6439 59183817 44462911 74913260 54530995 Artha Cargo A/S 16359882 15999723 61381 0 Hellerup 2021-01-01 12973498 8633858 16298479 9702592 47445 0 55488 0 0 0 31201800 31201800 0 15374 0 Hensættelser til udskudt skat Provision for deferred tax Udskudt skat måles efter den balanceorienterede gældsmetode. Der er hensat til udskudt skat med 22 % af alle midlertidige forskelle mellem regnskabsmæssig og skattemæssig værdi af aktiver og forpligtelser. Deferred tax is measured according to the 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. Udskudt skat måles endvidere under hensyntagen til henholdsvis den planlagte anvendelse af aktivet og afvikling af forpligtelsen. Skatteværdien af fremførselsberettigede skattemæssige underskud indgår i opgørelsen af den udskudte skat, såfremt det er sandsynligt, at underskuddene kan udnyttes. 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. Skatteværdien af fremførselsberettigede skattemæssige underskud indgår i opgørelsen af den udskudte skat, såfremt det er sandsynligt, at underskuddene kan udnyttes. The tax-based values of tax losses carried forward are included in the statement of deferred tax if it is probable that the losses can be utilised. Udskudte skatteaktiver som ikke forventes udnyttet inden for en kortere årrække, er noteoplyst under eventualaktiver. Deferred tax assets which are not expected utilised within a few years have been disclosed in notes under contingent assets. <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 1 style="text-align: left">2</td><td Colspan = 13 style="text-align: left">Personaleomkostninger</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: left"></td><td Colspan = 5 style="border-bottom: 1px solid; text-align: left">Staff costs</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Gager og lønninger</td><td Colspan = 1 style="text-align: Right">15.149.309</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">13.571.868</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Wages and salaries</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Pensioner</td><td Colspan = 1 style="text-align: Right">660.094</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">582.298</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Pensions </td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Andre omkostninger til social sikring</td><td Colspan = 1 style="text-align: Right">734.979</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">669.002</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Other social security costs</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Personaleomkostninger i øvrigt</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">247.418</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">370.614</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Other staff costs</td></tr><tr><td Colspan = 14 style="font-weight: bold; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 5 style="text-align: left">I ALT</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">16.791.800</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">15.193.782</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">TOTAL</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Gennemsnitlige antal heltidsbeskæftigede</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">27</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">28</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Average number of full-time employees</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 842px" ><tr><td style="width: 28%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td></tr><tr><td Colspan = 4 style="font-weight: bold; text-align: left">Egenkapitalopgørelse</td><td Colspan = 1 style="font-weight: bold; text-align: Center">KONCERNEN</td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="border-bottom: 1px solid; font-weight: bold; text-align: left">Statement of changes in equity</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">THE GROUP</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Virksom-</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Øvrige</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Overført</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Minoritets-</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">hedskapital</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">reserver</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">resultat</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">interesser</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">I ALT</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Share </td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Sundry </td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Retained</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Minority</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">capital</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">reserves</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">earnings</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">interests</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">TOTAL</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 4 style="text-align: left">Egenkapital pr. 1/1 2021</td><td Colspan = 1 style="text-align: Right">3.300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">26.400.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">5.477.719</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">543.894</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">35.721.613</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Equity at 1/1 2021</td></tr><tr><td Colspan = 4 style="text-align: left">Overført via resultatdisponeringen</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">8.301.356</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">1.864.350</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">10.165.706</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Transferred from distribution of profit/loss</td></tr><tr><td Colspan = 14 style="text-align: left">Valutakursregulering,</td></tr><tr><td Colspan = 4 style="text-align: left">udenlandsk dattervirksomhed</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">316.562</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">79.141</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">395.703</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Net exchange differences, investments in group enterprises </td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 4 style="text-align: left">Egenkapital pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">3.300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">26.400.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">14.095.637</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.487.385</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">46.283.021</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Equity at 1/1 2022</td></tr><tr><td Colspan = 4 style="text-align: left">Overført via resultatdisponeringen</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">9.684.839</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.480.572</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">12.165.411</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Transferred from distribution of profit/loss</td></tr><tr><td Colspan = 14 style="text-align: left">Valutakursregulering,</td></tr><tr><td Colspan = 4 style="text-align: left">udenlandsk dattervirksomhed</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-716.814</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-179.204</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-896.018</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Net exchange differences, investments in group enterprises </td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 4 style="text-align: left">Egenkapital pr. 31/12 2022</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">3.300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">26.400.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">23.063.662</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">4.788.752</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">57.552.414</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Equity at 31/12 2022</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 14 style="text-align: left">Øvrige reserver omfatter henlæggelse fra kapitalnedsættelse som i henhold til vedtægterne er til generalforsamlingens frie disposition.</td></tr><tr><td Colspan = 14 style="text-align: left">Sundry reverves includes transfer from share capital in connection with a capital decrease. According to the companys article of association the reserve </td></tr><tr><td Colspan = 14 style="text-align: left">is distributable to the shareholders.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 842px" ><tr><td style="width: 28%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td><td style="width: 9%"></td><td style="width: 3%"></td></tr><tr><td Colspan = 4 style="font-weight: bold; text-align: left">Egenkapitalopgørelse</td><td Colspan = 1 style="font-weight: bold; text-align: Center">MODER</td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="border-bottom: 1px solid; font-weight: bold; text-align: left">Statement of changes in equity</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">PARENT</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Nettoopskr.</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">efter den</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Virksom-</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Øvrige</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"> indre værdis</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Overført</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">hedskapital</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">reserver</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">metode</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">resultat</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">I ALT</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Net revaluation</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Share </td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Sundry </td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">acc. to the</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Retained</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">capital</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">reserves</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">equity method</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">earnings</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">Total</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 4 style="text-align: left">Egenkapital pr. 1/1 2021</td><td Colspan = 1 style="text-align: Right">3.300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">26.400.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">5.477.718</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">35.177.718</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Equity at 1/1 2021</td></tr><tr><td Colspan = 4 style="text-align: left">Egenkapitalposteringer i dattervirksomheder</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">316.562</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">316.562</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Items recognize in equity in subsidiaries</td></tr><tr><td Colspan = 4 style="text-align: left">Overført via resultatdisponeringen</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">4.149.537</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">4.151.818</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">8.301.355</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Transferred from distribution of profit/loss</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 4 style="text-align: left">Egenkapital pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">3.300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">26.400.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">4.149.537</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">9.946.098</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">43.795.635</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Equity at 1/1 2022</td></tr><tr><td Colspan = 4 style="text-align: left">Egenkapitalposteringer i dattervirksomheder</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-716.814</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-716.814</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Items recognize in equity in subsidiaries</td></tr><tr><td Colspan = 4 style="text-align: left">Overført via resultatdisponeringen</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">9.622.287</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">62.551</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">9.684.839</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Transferred from distribution of profit/loss</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 4 style="text-align: left">Egenkapital pr. 31/12 2022</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">3.300.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">26.400.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">13.055.010</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">10.008.649</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">52.763.660</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">Equity at 31/12 2022</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 14 style="text-align: left">Øvrige reserver omfatter henlæggelse fra kapitalnedsættelse som i henhold til vedtægterne er til generalforsamlingens frie disposition.</td></tr><tr><td Colspan = 14 style="text-align: left">Sundry reverves includes transfer from share capital in connection with a capital decrease. According to the companys article of association the reserve </td></tr><tr><td Colspan = 14 style="text-align: left">is distributable to the shareholders.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 1 style="text-align: left">10</td><td Colspan = 13 style="text-align: left">Opgørelse af dagsværdi - Andre værdipapirer </td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">og kapitalandele, børsnoterede værdipapirer</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; text-align: left"></td><td Colspan = 13 style="border-bottom: 1px solid; text-align: left">Calculation of fair value - other securities and investments </td></tr><tr><td Colspan = 14 style="border-top: 1px solid; font-weight: bold; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Moderselskabet og Koncernen:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="border-bottom: 1px solid; text-align: left">Parent company and Group:</td></tr><tr><td Colspan = 14 style="font-weight: bold; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">Børsnoterede værdipapirer er målt til dagsværdi med udgangspunkt i officielle markedskurser </td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">(metode 1 i dagsværdihierarkiet).</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">Listed shares are measured at fair value on basis of actual market prices (method 1 in the fair value hierarchy referring to section - </td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">37 the Danish Financial Statement Act).</td></tr><tr><td Colspan = 14 style="font-weight: bold; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="font-weight: bold; text-align: left">Aktier og aktiebaserede investeringsforeningsbeviser:</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="font-weight: bold; text-align: left">Shares and share based investment funds:</td></tr><tr><td Colspan = 14 style="font-weight: bold; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 9 style="text-align: left">Resultateffekt af årets ændring i dagsværdi</td><td Colspan = 1 style="text-align: Right">-367.540</td><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 1 style="font-weight: bold; text-align: left"></td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">Change in fair value for the year recognised in income statement</td></tr><tr><td Colspan = 14 style="font-weight: bold; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 9 style="text-align: left">Dagsværdi pr. 31. december 2022</td><td Colspan = 1 style="text-align: Right">30.834.260</td><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 1 style="font-weight: bold; text-align: left"></td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">Fair value 31/12 - 2022</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 1041px" ><tr><td style="width: 3%"></td><td style="width: 8%"></td><td style="width: 22%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td><td style="width: 2%"></td><td style="width: 7%"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left">7</td><td Colspan = 15 style="text-align: left">Anlægs- og afskrivningsoversigt, </td></tr><tr><td Colspan = 2 style="text-align: left"></td><td Colspan = 15 style="text-align: left">immaterielle og materielle aktiver</td></tr><tr><td Colspan = 2 style="text-align: left"></td><td Colspan = 3 style="text-align: left">List of fixed assets, amortisation, depreciations and impairment,</td><td Colspan = 1 style="font-weight: bold; text-align: Center">KONCERNEN</td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: Center"></td></tr><tr><td Colspan = 2 style="text-align: left"></td><td Colspan = 3 style="border-bottom: 1px solid; text-align: left">intangible assets and property, plant and equipment</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">THE GROUP</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 10 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">Andre værdi-</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td></tr><tr><td Colspan = 8 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Andre anlæg,</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">papirer og </td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Erhvervede</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">driftsmateriel</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">kapitalandele</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Erhvervede</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Goodwill</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">rettigheder</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Center">og inventar</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">Other</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Deposita</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">I ALT</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td></tr><tr><td Colspan = 6 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Acquired </td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right">Other fixtures,</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Center">securities and </td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">Other</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="text-align: Right"></td></tr><tr><td Colspan = 4 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">Goodwill</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">rights </td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">etc.</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Center">investments</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">investments</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">TOTAL</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">31/12 2021</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Kostpris pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">28.861.229</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">282.105</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">909.998</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">60.482</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">30.113.814</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">33.205.610</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Cost at 1/1 2022</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Valutakursreguleringer</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-14.951</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-14.951</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">14.348</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Exchange adjustments</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Tilgang i året</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">31.201.800</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">31.201.800</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">252.592</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Additions for the year</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Afgang i året</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-181.290</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-181.290</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-3.358.736</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Disposals for the year</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">KOSTPRIS PR. 31/12 2022</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">28.861.229</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">282.105</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">713.757</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">31.201.800</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">60.482</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">61.119.373</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">30.113.814</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">COST AT 31/12 2022</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Af- og nedskrivninger pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">17.316.738</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">56.421</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">832.594</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">18.205.753</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">18.578.966</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Amortisation, depreciations and impairment at 1/1 2022</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Valutakursreguleringer</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-14.951</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-14.951</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">14.352</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Exchange adjustments</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Årets afskrivninger</td><td Colspan = 1 style="text-align: Right">2.886.123</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">56.421</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">19.349</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.961.893</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.971.170</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Amortisation and depreciation for the year</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Årets nedskrivninger</td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-367.540</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-367.540</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Impairment for the year</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">Af- og nedskrivninger, afgang i året</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-181.290</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-181.290</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-3.358.736</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">Exchange adjustments</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">AF- OG NEDSKRIVNINGER PR. 31/12 2022</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">20.202.861</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">112.842</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">655.701</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-367.540</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">20.603.864</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">18.205.753</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">AMORTISATION, DEPRECIATIONS AND IMPAIRMENT AT 31/12 2022</td></tr><tr><td Colspan = 17 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 3 style="text-align: left">REGNSKABSMÆSSIG VÆRDI PR. 31/12 2022</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">8.658.368</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">169.263</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">58.056</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">31.569.340</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">60.482</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">40.515.509</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">11.908.062</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 16 style="text-align: left">CARRYING AMOUNT AT 31/12 2022</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 1 style="text-align: left">1</td><td Colspan = 13 style="text-align: left">Særlige poster</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; text-align: left"></td><td Colspan = 5 style="border-bottom: 1px solid; text-align: left">Special items</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Kompensationer, </td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">statslige støtteordninger Covid-19</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">284.198</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Compensations, national subsidy scheme COVID-19</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">I ALT</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">284.198</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">TOTAL</td></tr><tr><td Colspan = 14 style="font-weight: bold; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">Særlige poster er indregnet i posten bruttofortjeneste. </td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Special items is included in gross profit/loss.</td></tr></table> <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 1 style="text-align: left">5</td><td Colspan = 5 style="text-align: left">Skat af årets resultat,</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">GROUP</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">PARENT</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="font-weight: bold; text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">selskabsskat og udskudt skat</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">Tax on profit/loss for the year,</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: left"></td><td Colspan = 5 style="border-bottom: 1px solid; text-align: left">corporation tax and deferred tax</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Skat af årets resultat:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Tax on profit/loss for the year:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Skat af årets skattepligtige indkomst</td><td Colspan = 1 style="text-align: Right">4.125.026</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.773.942</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">17.754</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">332.504</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Tax on taxable income for the year</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Udskudt skat</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">8.043</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">33.850</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Deferred tax</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">I ALT</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">4.133.069</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">2.807.792</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">17.754</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">332.504</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">TOTAL</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Skyldig selskabsskat:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Payable corporation tax</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Skyldig pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">796.872</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.181.571</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-851.022</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">787.596</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Payable at 1/1 2022</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Valutakursregulering</td><td Colspan = 1 style="text-align: Right">-93.399</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">56.730</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Exchange adjustment</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Betalt vedr. tidligere år</td><td Colspan = 1 style="text-align: Right">-777.300</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-2.051.881</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">851.022</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-787.596</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Paid re. previous years</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Betalt acontoskat</td><td Colspan = 1 style="text-align: Right">-2.200.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-2.000.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-2.200.000</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-2.000.000</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Prepaid tax</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Skat af årets skattepligtige indkomst</td><td Colspan = 1 style="text-align: Right">4.125.026</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">2.773.942</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">17.754</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">332.504</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Tax on taxable income for the year</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Refusion fra sambeskattede selskaber</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">-163.490</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">1.778.529</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">816.474</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Reimbursement joint taxation</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">SKYLDIG PR. 31/12 2022</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">1.851.199</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">796.872</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">-403.717</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">-851.022</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">PAYABLE AT 31/12 2022</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Udskudt skat:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Deferred tax</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Udskudt skat pr. 1/1 2022</td><td Colspan = 1 style="text-align: Right">47.445</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">13.595</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Deferred tax at 1/1 2022</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Årets udskudte skat i resultatopgørelsen</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">8.043</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">33.850</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Deferred tax of the year in the income statement</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">UDSKUDT SKAT PR. 31/12 2022</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">55.488</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">47.445</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">DEFERRED TAX AT 31/12 2022</td></tr></table><table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left">5</td><td Colspan = 5 style="text-align: left">Skat af årets resultat,</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">GROUP</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center">PARENT</td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: Center"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">selskabsskat og udskudt skat</td></tr><tr><td Colspan = 1 style="font-weight: bold; text-align: left"></td><td Colspan = 13 style="text-align: left">Tax on profit/loss for the year,</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; font-weight: bold; text-align: left"></td><td Colspan = 5 style="border-bottom: 1px solid; text-align: left">corporation tax and deferred tax</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: Right"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2022</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">2021</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Den udskudte skat påhviler </td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">følgende aktiver og forpligtelser:</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Deferred tax is incumbent upon </td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">the following assets and liabilities</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Immaterielle anlægsaktiver</td><td Colspan = 1 style="text-align: Right">37.238</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">49.650</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Intangible assets</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Materielle anlægsaktiver</td><td Colspan = 1 style="text-align: Right">-1.688</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">-2.205</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Tangible assets</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">Omsætningsaktiver</td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">19.938</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 1px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">Current assets</td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 5 style="text-align: left">I ALT</td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">55.488</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">47.445</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="border-bottom: 3px solid; text-align: Right">0</td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">TOTAL</td></tr></table> 15193782 0 16791800 0 46283021 43795635 57552414 52763660 58056 0 77406 0 19263096 37377139 mne33718 0 14890738 0 0 Ledelsesberetningen indeholder efter vor opfattelse en retvisende redegørelse for de forhold beretningen omhandler. In our opinion the managements review includes a fair review about the matters the review deals with. 2487384 0 4788752 0 Kristoffer Emil Eriksen 7500 14587467 52982 0 52982 0 statsautoriseret revisor Direktør Formand Værdipapirer og kapitalandele Securities and investments Værdipapirer og kapitalandele indregnet under omsætningsaktiver omfatter børsnoterede aktier og obligationer, som måles til dagsværdi (børskurs) på balancedagen. Modtagne udbytter og renter, realiserede og urealiserede kursavancer og -tab er indregnet i resultatopgørelsen under andre finansielle indtægter og øvrige finansielle omkostninger. Securities and investments recognised as current assets comprise listed share and mortgage deed portfolio which are measured at fair value at the balance sheet date. Realised and unrealised capital gains and losses have been recognised in the income statement under other financial income and other financial expenses, respectively. Egenkapital Equity Ledelsens forslag til udbytte for regnskabsåret vises som en særskilt post under egenkapitalen. Managements proposed dividends for the financial year is disclosed as a separate item in equity. Andre finansielle indtægter og øvrige finansielle omkostninger Other financial income and other financial expenses Finansielle indtægter og omkostninger indregnes i resultatopgørelsen med de beløb, der vedrører regnskabsåret. Finansielle poster omfatter renter, realiserede og urealiserede valutakursfortjenester og -tab samt rentetillæg og rentegodtgørelse under acontoskatteordningen. Financial income and expenses is recognised with amounts concerning the financial year. Financial items comprise interest, realised and unrealised exchange gains and losses as well as interest surcharge and interest reimbursements under the Danish Tax Prepayment Scheme. Gældsforpligtelser Financial liabilities Gældsforpligtelser er målt til amortiseret kostpris svarende til nominel værdi. Liabilities have been measured at amortised cost which corresponds to nominal value. Andre driftsindtægter Other operating income Andre driftsindtægter indeholder regnskabsposter af sekundær karakter i forhold til virksomhedens hovedaktivitet, herunder kompensation fra de statslige støtteordninger, management fee, avance ved salg af anlægsaktiver samt modtagne godtgørelser fra offentlige myndigheder. Other operating income includes financial statement items of a secondary nature in relation to the primary activity of the enterprise, including compensation from the national subsidy scheme, management fee, profit on sale of fixed assets and payments received from public authorities. <table xmlns="http://www.w3.org/1999/xhtml" style="border-collapse: collapse; width: 727px" ><tr><td style="width: 4%"></td><td style="width: 4%"></td><td style="width: 9%"></td><td style="width: 14%"></td><td style="width: 4%"></td><td style="width: 10%"></td><td style="width: 14%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 2%"></td><td style="width: 11%"></td><td style="width: 1%"></td></tr><tr><td Colspan = 1 style="text-align: left">12</td><td Colspan = 13 style="text-align: left">Pantsætninger og</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 13 style="text-align: left">sikkerhedsstillelser</td></tr><tr><td Colspan = 1 style="border-bottom: 1px solid; text-align: left"></td><td Colspan = 13 style="border-bottom: 1px solid; text-align: left">Assets charged and security</td></tr><tr><td Colspan = 14 style="border-top: 1px solid; text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 6 style="border-bottom: 1px solid; text-align: left">Koncernen:</td><td Colspan = 1 style="text-align: left">Group:</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr><tr><td Colspan = 14 style="text-align: left">&nbsp</td></tr><tr><td Colspan = 1 style="text-align: left"></td><td Colspan = 4 style="text-align: left">Koncenen har stillet bankgaranti overfor Airlines med i alt t.kr. 6.289.</td><td Colspan = 1 style="text-align: left">The Company has provided a third party guarantee by a total of DKK ___________.</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left">The Group has provided a bank guarantee by a total of TDKK 6,289.</td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td><td Colspan = 1 style="text-align: left"></td></tr></table> Bestyrelsen og direktionen har dags dato behandlet og godkendt årsrapporten for 1. januar - 31. december 2022 for Artha Cargo A/S. The Board of Directors and Board of Executives have today discussed and approved the annual report for the financial year 1 January - 31 December 2022 of Artha Cargo A/S. 4215371 2502475 2977300 532504 ÆNDRING I REGNSKABSPRAKSIS CHANGE IN ACCOUNTING POLICIES Anvendt regnskabspraksis er ændret vedrørende klassifikation af løntilskud og lønrefusioner. The accounting policies applied has been changed regarding of wage subsidies and wage refunds. Løntilskud og lønrefusioner har tidligere været indregnet som en reduktion af personaleomkostningerne. Efter ændring i klassifikationen er løntilskud og lønrefusioner indregnet som en del af andre driftsindtægter. Wage subsidies and reimbursements have previously been included as a reduction of staff costs. Following the change in classification, wage subsidies and reimbursements are included as part of other operating income. Ovennævnte praksisændring har ikke medført en ændring af tidligere års resultat, egenkapital eller balancesum. The above change in practice has not led to any change in the profit or loss, equity or balance sheet total for the previous financial year. Årsrapporten er udarbejdet i overensstemmelse med dansk regnskabslovgivning samt almindeligt anerkendt regnskabspraksis. The annual report has been prepared in accordance with Danish financial statements legislation as well as generally accepted accounting principles. Årsrapporten aflægges efter årsregnskabslovens regnskabsklasse B med tilvalg af enkelte bestemmelser fra regnskabsklasse C, mellemstore virksomheder. The annual report has been prepared in accordance with the reporting requirements of the Danish Financial Statements Act of class B with few adoptions from class C enterprises (medium-sized enterprises). Anvendt regnskabspraksis er ændret i forhold til sidste år. The accounting policies have been changed from last year. Der er aflagt frivilligt koncernregnskab. Consolidated financials statements has been prepared on voluntary basis. 127831 0 785760 0 12853351 667277 17305358 1767335 0 11149537 0 20055010 30834260 8301356 4151818 9684839 62551 10165706 8301355 12165411 9684839 0 4149537 0 9622287 1864350 0 2480572 0 13501600 -36145 16274263 -116942 77406 0 58056 0 47445 0 55488 0 209973 0 0 0 Årsrapporten indstilles til generalforsamlingens godkendelse. We recommend that the Annual Report be approved at the annual general meeting. 0 0 1448564 0 2200724 Udtalelse om ledelsesberetningen Statement on the Management’s review Ledelsen er ansvarlig for ledelsesberetningen. Management is responsible for Management’s Review. Vores konklusion om koncernregnskabet og årsregnskabet omfatter ikke ledelsesberetningen, og vi udtrykker ingen form for konklusion med sikkerhed om ledelsesberetningen. Our opinion on the Consolidated Financial Statements and the Parent Company Financial Statements does not cover Management’s Review, and we do not express any form of assurance conclusion thereon. I tilknytning til vores revision af koncernregnskabet og årsregnskabet er det vores ansvar at læse ledelsesberetningen og i den forbindelse overveje, om ledelsesberetningen er væsentlig inkonsistent med koncernregnskabet eller årsregnskabet eller vores viden opnået ved revisionen eller på anden måde synes at indeholde væsentlig fejlinformation. In connection with our audit of the Consolidated Financial Statements and the Parent Company Financial Statements, our responsibility is to read Management’s Review and, in doing so, consider whether Management’s Review is materially inconsistent with the Consolidated Financial Statements or the Parent Company Financial Statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated. Vores ansvar er derudover at overveje, om ledelsesberetningen indeholder krævede oplysninger i henhold til årsregnskabsloven. Moreover, it is our responsibility to consider whether Management’s Review provides the information required under the Danish Financial Statements Act. Baseret på det udførte arbejde er det vores opfattelse, at ledelsesberetningen er i overensstemmelse med koncernregnskabet og årsregnskabet og er udarbejdet i overensstemmelse med årsregnskabslovens krav. Vi har ikke fundet væsentlig fejlinformation i ledelsesberetningen. Based on the work we have performed, we conclude that Management’s Review is in accordance with the Consolidated Financial Statements and the Parent Company Financial Statements and has been prepared in accordance with the requirements of the Danish Financial Statement Acts. We did not identify any material misstatement of Management’s Review. Konklusion 367540 15461964 655932 109794 761543 390781 1810720 0 5204950 0 2021-12-31 28338172 18314683 15828149 2604441 1647894 0 2254916 0 851022 851022 403717 403717 8984570 31250 9513293 31250 10909262 0 14914414 0 2023-05-16 Holte Revisors ansvar for revisionen af koncernregnskabet og årsregnskabet Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements and the Parent Company Financial Statements Vores mål er at opnå høj grad af sikkerhed for, om koncernregnskabet og årsregnskabet som helhed er uden væsentlig fejlinformation, uanset om denne skyldes besvigelser eller fejl, og at afgive en revisionspåtegning med en konklusion. Høj grad af sikkerhed er et højt niveau af sikkerhed, men ikke en garanti for, at en revision, der udføres i overensstemmelse med internationale standarder om revision og de yderligere krav, der er gældende i Danmark, altid vil afdække væsentlig fejlinformation, når sådan findes. Fejlinformationer kan opstå som følge af besvigelser eller fejl og kan betragtes som væsentlige, hvis det med rimelighed kan forventes, at de enkeltvis eller samlet har indflydelse på de økonomiske beslutninger, som regnskabsbrugerne træffer på grundlag af koncernregnskabet og årsregnskabet. Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Statements and the Parent Company 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 Consolidated Financial Statements and Parent Company Financial Statements. INDEPENDENT AUDITORS REPORT, continued Som led i en revision, der udføres i overensstemmelse med internationale standarder om revision og de yderligere krav, der er gældende i Danmark, foretager vi faglige vurderinger og opretholder professionel skepsis under revisionen. Herudover: As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: * Identificerer og vurderer vi risikoen for væsentlig fejlinformation i koncernregnskabet og årsregnskabet, uanset om denne skyldes besvigelser eller fejl, udformer og udfører revisionshandlinger som reaktion på disse risici samt opnår revisionsbevis, der er tilstrækkeligt og egnet til at danne grundlag for vores konklusion. Risikoen for ikke at opdage væsentlig fejlinformation forårsaget af besvigelser er højere end ved væsentlig fejlinformation forårsaget af fejl, idet besvigelser kan omfatte sammensværgelser, dokumentfalsk, bevidste udeladelser, vildledning eller tilsidesættelse af intern kontrol. * Identify and assess the risks of material misstatement of the Consolidated Financial Statements and the Parent Company 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. * Opnår vi forståelse af den interne kontrol med relevans for revisionen for at kunne udforme revisionshandlinger, der er passende efter omstændighederne, men ikke for at kunne udtrykke en konklusion om effektiviteten af koncernens og selskabets interne kontrol. * 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 Group’s and the Parent Company’s internal control. * Tager vi stilling til, om den regnskabspraksis, som er anvendt af ledelsen, er passende, samt om de regnskabsmæssige skøn og tilknyttede oplysninger, som ledelsen har udarbejdet, er rimelige. * Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management. INDEPENDENT AUDITORS REPORT, continued * Konkluderer vi, om ledelsens udarbejdelse af koncernregnskabet og årsregnskabet på grundlag af regnskabsprincippet om fortsat drift er passende, samt om der på grundlag af det opnåede revisionsbevis er væsentlig usikkerhed forbundet med begivenheder eller forhold, der kan skabe betydelig tvivl om koncernens og selskabets evne til at fortsætte driften. Hvis vi konkluderer, at der er en væsentlig usikkerhed, skal vi i vores revisionspåtegning gøre opmærksom på oplysninger herom i koncernregnskabet og årsregnskabet eller, hvis sådanne oplysninger ikke er tilstrækkelige, modificere vores konklusion. Vores konklusioner er baseret på det revisionsbevis, der er opnået frem til datoen for vores revisionspåtegning. Fremtidige begivenheder eller forhold kan dog medføre, at koncernen og selskabet ikke længere kan fortsætte driften. * Conclude on the appropriateness of Management’s use of the going concern basis of accounting in preparing the Consolidated Financial Statements and the Parent Company 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 Group’s and the Parent 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 Consolidated Financial Statements and the Parent Company 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 Group and the Company to cease to continue as a going concern. * Tager vi stilling til den samlede præsentation, struktur og indhold af koncernregnskabet og årsregnskabet, herunder noteoplysningerne, samt om koncernregnskabet og årsregnskabet afspejler de underliggende transaktioner og begivenheder på en sådan måde, at der gives et retvisende billede heraf. * Evaluate the overall presentation, structure and contents of the Consolidated Financial Statements and the Parent Company Financial Statements, including the disclosures, and whether the Consolidated Financial Statements and the Parent Company Financial Statements represent the underlying transactions and events in a manner that gives a true and fair view. * Opnår vi tilstrækkeligt og egnet revisionsbevis for de finansielle oplysninger for virksomhederne eller forretningsaktiviteterne i koncernen til brug for at udtrykke en konklusion om koncernregnskabet. Vi er ansvarlige for at lede, føre tilsyn med og udføre koncernrevisionen. Vi er eneansvarlige for vores konklusion. * Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group to express an opinion on the Consolidated Financial Statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion. Vi kommunikerer med den øverste ledelse om blandt andet det planlagte omfang og den tidsmæssige placering af revisionen samt betydelige revisionsmæssige observationer, herunder eventuelle betydelige mangler i intern kontrol, som vi identificerer under revisionen. 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. INDEPENDENT AUDITORS REPORT, continued 2807792 332504 Kenny Madsen Klaus Thorsten Wollesen Lund Palle Bo Stærmose Klaus Thorsten Wollesen Lund Jan Severin Sølbæk inforevision, Statsautoriseret Revisionsaktieselskab -7018613 -5025594 1356517 929330 11900563 26040275 39772929 50889270 Konklusion Opinion Vi har revideret koncernregnskabet og årsregnskabet for Artha Cargo A/S for regnskabsåret 1. januar - 31. december 2022, der omfatter anvendt regnskabspraksis, resultatopgørelse, balance, egenkapitalopgørelse, pengestrømsopgørelse og noter. We have audited the Consolidated Financial Statements and the Parent Company Financial Statements of Artha Cargo A/S for the financial year 1 January to 31 December 2022, which comprise the accounting policies applied, the income statement, the balance sheet, statement of changes in equity, cash flow statement and notes. Koncernregnskabet og årsregnskabet udarbejdes efter årsregnskabsloven. The Consolidated Financial Statements and the Parent Company Financial Statements are prepared under the Danish Financial Statements Act. Det er vores opfattelse, at koncernregnskabet og årsregnskabet giver et retvisende billede af koncernens og selskabets aktiver, passiver og finansielle stilling pr. 31. december 2022 samt af resultatet af koncernens og selskabets aktiviteter og pengestrømme for regnskabsåret 1. januar - 31. december 2022 i overensstemmelse med årsregnskabsloven. In our opinion, the Consolidated Financial Statements and the Parent Company Financial Statements give a true and fair view of the financial position of the Group and the Parent Company at 31 December 2022, and of the results of the Group and Parent Companys operations and cash flows for the financial year 1 January to 31 December 2022 in accordance with the Danish Financial Statements Act. 127831 1622398 785760 588028 42619 0 0 0 26400000 26400000 26400000 26400000 14095637 9946098 23063662 10008649 0 3936 0 4133069 17754 1313890 410167 0 323110 0 Ledelsens ansvar for koncernregnskabet og årsregnskabet Management’s Responsibilities for the Consolidated Financial Statements and the Parent Company Financial Statements Ledelsen har ansvaret for udarbejdelsen af et koncernregnskab og et årsregnskab, der giver et retvisende billede i overensstemmelse med årsregnskabsloven. Ledelsen har endvidere ansvaret for den interne kontrol, som ledelsen anser for nødvendig for at udarbejde et koncernregnskab og et årsregnskab uden væsentlig fejlinformation, uanset om denne skyldes besvigelser eller fejl. Management is responsible for the preparation of Consolidated Financial Statements and Parent Company 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 Consolidated Financial Statements and Parent Company Financial Statements that are free from material misstatement, whether due to fraud or error. Ved udarbejdelsen af koncernregnskabet og årsregnskabet er ledelsen ansvarlig for at vurdere koncernens og selskabets evne til at fortsætte driften; at oplyse om forhold vedrørende fortsat drift, hvor dette er relevant; samt at udarbejde koncernregnskabet og årsregnskabet på grundlag af regnskabsprincippet om fortsat drift, medmindre ledelsen enten har til hensigt at likvidere koncernen eller selskabet, indstille driften eller ikke har andet realistisk alternativ end at gøre dette. In preparing the Consolidated Financial Statements and the Parent Company Financial Statements, Management is responsible for assessing the Group’s and the Parent 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 Consolidated Financial Statements and the Parent Company Financial Statements unless Management either intends to liquidate the Group or the Company or to cease operations, or has no realistic alternative but to do so. Grundlag for konklusion 2022-12-31 2022-01-01 0 4149537 0 13055010 12853351 667277 17305358 1767335 0 632090 0 422195 Revisionspåtegning