28700377 2025-01-01 2025-12-31 2 28700377 2025-01-01 2025-12-31 3 28700377 2025-01-01 2025-12-31 5 28700377 2025-01-01 2025-12-31 6 28700377 2025-01-01 2025-12-31 28700377 2025-01-01 2025-12-31 1 28700377 2024-01-01 2024-12-31 28700377 2025-12-31 28700377 2024-12-31 28700377 2025-01-01 d:ContributedCapitalMember 28700377 2024-01-01 d:ContributedCapitalMember 28700377 2025-12-31 d:ContributedCapitalMember 28700377 2024-12-31 d:ContributedCapitalMember 28700377 2025-01-01 d:RetainedEarningsMember 28700377 2024-01-01 d:RetainedEarningsMember 28700377 2025-01-01 2025-12-31 d:RetainedEarningsMember 28700377 2024-01-01 2024-12-31 d:RetainedEarningsMember 28700377 2025-12-31 d:RetainedEarningsMember 28700377 2024-12-31 d:RetainedEarningsMember 28700377 2025-01-01 d:ProposedDividendRecognisedInEquityMember 28700377 2024-01-01 d:ProposedDividendRecognisedInEquityMember 28700377 2025-01-01 2025-12-31 d:ProposedDividendRecognisedInEquityMember 28700377 2024-01-01 2024-12-31 d:ProposedDividendRecognisedInEquityMember 28700377 2025-01-01 2025-12-31 1 28700377 2025-01-01 2025-12-31 1 28700377 2025-01-01 2025-12-31 2 28700377 2025-01-01 2025-12-31 3 28700377 2025-01-01 2025-12-31 4 iso4217:DKK xbrli:pure Årsrapport 29442789 Redmark, Godkendt Revisionspartnerselskab Tronholmen, 5 8960, Randers SØ 2024-01-01 2024-12-31 2025-01-01 2025-12-31 28700377 Alfa Mobility Denmark A/S Helseholmen 10 2650 Hvidovre Redmark, Godkendt Revisionspartnerselskab 29442789 Anders Hübertz Mortensen statsautoriseret revisor mne32730 Tronholmen 5 8960 Randers SØ Danmark 89125000 randers@redmark.dk 2026-06-23 Annika Kristina Roupé Regnskabsklasse B Revisionspåtegning Ja CaseWare fra Revisorgruppen Danmark aktionæren Randers 2026-06-23 Hvidovre 2026-06-23 Grundlag for konklusion Konklusion 33760738 34664464 30017910 30752043 850964 844925 2891864 3067496 674888 1286561 911674 1216582 2655078 3137475 699274 799020 1955804 2338455 1955804 2338455 224619 330399 2668533 3168873 2893152 3499272 517876 721200 517876 721200 3411028 4220472 308421 184056 308421 184056 15205042 15113738 1226323 1151875 4419023 6273803 155376 461941 21005764 23001357 7752428 14068733 29066613 37254146 32477641 41474618 0 500000 500000 17838661 15882880 18338661 16382880 82545 76940 82545 76940 0 2762196 4399088 4459017 3220670 11139871 239540 423922 6197137 6229792 14056435 25014798 14056435 25014798 32477641 41474618 27389365 28681613 2042285 2176371 586260 -105941 30017910 30752043 53 59 164322 341441 747352 875141 911674 1216582 500000 500000 500000 500000 13544403 13544424 4294258 2338456 17838661 15882880 0 5000000 0 5000000 Today, the Board of Directors and the Managing Director have approved the annual report of Alfa Mobility Denmark A/S for the financial year 1 January - 31 December 2025. The annual report has been prepared in accordance with the Danish Financial Statements Act. We consider the chosen accounting policy to be appropriate, and in our opinion, the financial statements give a true and fair view of the financial position of the Company at 31 December 2025 and of the results of the Company's operations for the financial year 1 January – 31 December 2025. Further, in our opinion, the Management's review gives a true and fair review of the matters discussed in the Management's review. We recommend that the annual report be approved at the Annual General Meeting. Anders Lollike Annika Kristina Roupé Anders Lollike Patrik Eriksson Tuomo Lindholm We have audited the financial statements of Alfa Mobility Denmark A/S for the financial year 1 January - 31 December 2025, which comprise a summary of significant accounting policies, income statement, balance sheet, statement of changes in equity and notes, for the Company. The financial statements are prepared under the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the financial position of the Company at 31 December 2025, and of the results of the Company's operations for the financial year 1 January - 31 December 2025 in accordance with the Danish Financial Statements Act. Basis for OpinionWe 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. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act, and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, Management is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Den­mark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Den­mark, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management. Conclude on the appropriateness of Management’s use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern. Evaluate the overall presentation, structure and contents of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Statement on Management’s ReviewManagement is responsible for Management’s Review. Our opinion on the financial statements does not cover Management’s Review, and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read Management’s Review and, in doing so, consider whether Management’s Review is materially inconsistent with the financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether Management’s Review provides the information required under the Danish Financial Statements Act. Based on the work we have performed, we conclude that Management’s Review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statement Act. We did not identify any material misstatement of Management’s Review. The principal activities of the companyThe objective of the company is International moving, warehousing and services related thereto, and services rendered to personal cross-border relocations. Significant changes in the company's activities and financial mattersThere have been no significant changes in activities and financial matters. The gross profit for the year totals DKK 33.761thousand against DKK 34.664thousand last year. Profit  from ordinary activities after tax totals DKK 1.956thousand against DKK 2.338thousand last year. Management considers the net profit for the year satisfactory. In 2025, Alfa Mobility Denmark A/S maintained a strong focus on margins and profitability in a challenging market environment. The Danish market was significantly impacted by geopolitics followed by redundancies at Novo Nordisk, which affected not only the local labour market but also overall business confidence across Denmark. The Relocation and Immigration business lines were severely affected by this development, as the reduction in international hiring led to fewer assignments and lower demand for related services. Despite these market conditions, the company continued to prioritise operational efficiency and cost discipline to protect profitability. The Move business remains a cornerstone of our operations and continues to provide a significant contribution to the company’s overall financial stability. During the year, another major governmental contract was signed within this business area, which is expected to support volumes and generate stable activity in the coming years. Overall, Alfa Mobility Denmark A/S remains well positioned despite the challenging market conditions. The company continues to adapt to the changing market environment through ongoing focus on efficiency, flexibility and cost control, while maintaining a strong commitment to service quality and customer satisfaction.  Events occurring after the end of the financial yearNo events have occurred after the balance sheet date which could significantly affect the company's financial position. 4.ContingenciesJoint taxationThe company acts as administration company for the group of companies subject to the Danish scheme of joint taxation and is unlimitedly, jointly, and severally liable, along with the other jointly taxed companies, to pay the total corporation tax. Any subsequent adjustments of corporate taxes or withholding taxes, etc., may result in changes in the company's liabilities. Rent and lease liabilities include a rent obligation totalling DKK 44.438 K for interminable rent agreements with remainin contract terms of up to 8 years and 2 months. Furthermore, the company has liabilities under operating leases for cars and IT equipment, totalling DKK 876K with a remaining contract terms of up to 46 months. The annual report for Alfa Mobility Denmark A/S has been presented in accordance with the Danish Financial Statements Act regulations concerning reporting class B enterprises. Furthermore, the company has decided to comply with certain rules applying to reporting class C enterprises. The accounting policies are unchanged from last year, and the annual report is presented in DKK. Recognition and measurement in generalIncome is recognised in the income statement concurrently with its realisation, including the recognition of value adjustments of financial assets and liabilities. Likewise, all costs are recognised in the income statement, including depreciations amortisations, writedowns for impairment, provisions, and reversals due to changes in estimated amounts previously recognised in the income statement. Assets are recognised in the statement of financial position when it seems probable that future economic benefits will flow to the company and the value of the asset can be reliably measured. Liabilities are recognised in the statement of financial position when it is seems probable that future economic benefits will flow out of the company and the value of the liability can be reliably measured. Assets and liabilities are measured at cost at the initial recognition. Hereafter, assets and liabilities are measured as described below for each individual accounting item. Certain financial assets and liabilities are measured at amortised cost, allowing a constant effective interest rate to be recognised during the useful life of the asset or liability. Amortised cost is recognised as the original cost less any payments, plus/less accrued amortisations of the difference between cost and nominal amount. In this way, capital losses and gains are allocated over the useful life of the liability. Upon recognition and measurement, allowances are made for such predictable losses and risks which may arise prior to the presentation of the annual report and concern matters that exist on the reporting date. Gross profitGross profit comprises the revenue, changes in inventories of finished goods, and work in progress, own work capitalised, other operating income, and external costs. Revenue is recognised in the income statement if delivery and passing of risk to the buyer have taken place before the end of the year and if the income can be determined reliably and inflow is anticipated. Revenue is measured at the fair value of the consideration promised exclusive of VAT and taxes and less any discounts relating directly to sales. Cost of sales comprises costs concerning purchase of raw materials and consumables less discounts and changes in inventories. Other external expenses comprise expenses incurred for distribution, sales, advertising, administration, premises, loss on receivables, and operational leasing costs. Staff costsStaff costs include salaries and wages, including holiday allowances, pensions, and other social security costs, etc., for staff members. Depreciation, amortisation, and writedown for impairmentDepreciation, amortisation, and writedown for impairment comprise depreciation on, amortisation of, and writedown for impairment of intangible and tangible assets, respectively. Financial income and expensesFinancial income and expenses are recognised in the income statement with the amounts concerning the financial year. Financial income and expenses comprise interest income and expenses, financial expenses from financial leasing, realised and unrealised capital gains and losses relating to debt and transactions in foreign currency,  surcharges and reimbursements under the advance tax scheme, etc. Tax on net profit or loss for the yearTax for the year comprises the current income tax for the year and changes in deferred tax and is recognised in the income statement with the share attributable to the net profit or loss for the year and directly in equity with the share attributable to entries directly in equity.  The company is subject to Danish rules on compulsory joint taxation of Danish group enterprises. The company acts as an administration company in relation to the joint taxation. This means that the total Danish tax payable by the Danish consolidated companies is paid to the tax authorities by the company. Intangible assetsGoodwillAcquired goodwill is measured at cost less accumulated amortisation. Given that it is impossible to make a reliable estimate of the useful life, the amortisation period is set at 10 years. Property, plant, and equipmentProperty, plant, and equipment are measured at cost less accrued depreciation and write-down for impairment. Land is not subject to depreciation. The depreciable amount is cost less any expected residual value after the end of the useful life of the asset. The cost comprises acquisition cost and costs directly associated with the acquisition until the time when the asset is ready for use. Depreciation is done on a straight-line basis according to an assessment of the expected useful life:Useful lifeResidual valueOther fixtures and fittings, tools and equipment3-5years0-20 % Minor assets with an expected useful life of less than 1 year are recognised as costs in the income statement in the year of acquisition. Profit or loss derived from the disposal of property, land, and equipment is measured as the difference between the sales price less selling costs and the carrying amount at the date of disposal. Profit or loss is recognised in the income statement as other operating income or other operating expenses. LeasesLeases are regarded as operating leases. Payments in connection with operating leases and other lease agreements are recognised in the income statement for the term of the contract. The company's total liabilities concerning operating leases and lease agreements are recognised under contingencies, etc. Impairment loss relating to non-current assetsThe carrying amount of both intangible and tangible fixed assets as well as equity investments in associates are subject to annual impairment tests in order to disclose any indications of impairment beyond those expressed by amortisation and depreciation respectively. If indications of impairment are disclosed, impairment tests are carried out for each individual asset or group of assets, respectively. Writedown for impairment is done to the recoverable amount if this value is lower than the carrying amount. The recoverable amount is the higher value of value in use and selling price less expected selling cost. The value in use is calculated as the present value of the expected net cash flows from the use of the asset or the asset group and expected net cash flows from the sale of the asset or the asset group after the end of their useful life. Previously recognised impairment losses are reversed when conditions for impairment no longer exist. Impairment relating to goodwill is not reversed. InventoriesInventories are measured at cost according to the FIFO method. In cases when the net realisable value of the inventories is lower than the cost, the latter is written down for impairment to this lower value. Costs of goods for raw materials, and consumables comprise acquisition costs plus delivery costs. ReceivablesReceivables are measured at amortised cost, which usually corresponds to nominal value. Impairment losses are calculated as the difference between the carrying amount of accounts receivable and the present value of the expected cash flows. The effective interest rate for the individual account receivable. PrepaymentsPrepayments recognised under assets comprise incurred costs concerning the following financial year. Cash and cash equivalentsCash and cash equivalents comprise cash at bank and on hand. Income tax and deferred taxAs administration company, Alfa Mobility Denmark A/S is liable to the tax authorities for the companies comprised under the joint taxaction schemes corporate income taxes. Current tax liabilities and current tax receivable are recognised in the statement of financial position as calculated tax on the taxable income for the year, adjusted for tax of previous years' taxable income and for tax paid on account. The company is jointly taxed with consolidated Danish companies. The current corporate income tax is distributed between the jointly taxed companies in proportion to their taxable income and with full distribution with reimbursement as to tax losses. The jointly taxed companies are comprised by the Danish tax prepayment scheme. Deferred tax is measured on the basis of temporary differences in assets and liabilities with a focus on the statement of financial position. Deferred tax is measured at net realisable value. Deferred tax assets, including the tax value of tax losses allowed for carryforward, are recognised at the value at which they are expected to be realisable, either by settlement against tax of future earnings or by set-off in deferred tax liabilities within the same legal tax unit. Any deferred net tax assets are measured at net realisable value. ProvisionsProvisions comprise expected costs of warranty commitments, etc. Provisions are recognised when the company has a legal or actual commitment resulting from a previously occurred event and when it is probable that the settlement of the liability will result in consumption of the financial resources of the company. Liabilities other than provisionsOther liabilities concerning payables to suppliers, group enterprises, and other payables are measured at amortised cost which usually corresponds to the nominal value.