Årsrapport33771231PricewaterhouseCoopers Statsautoriseret RevisionspartnerselskabStrandvejen 442900 Hellerup2022-01-012021-01-012022-12-312021-12-3139795744YANZ ApSEfterårsvej132920CharlottenlundGentoftePricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab33771231Strandvejen442900HellerupDanmark2023-06-19Yan ZhengRegnskabsklasse BAndre erklæringer uden sikkerhedThe Executive Board has today considered and adopted the Annual Report of YANZ ApS for the financial year 1 January - 31 December 2022.The Annual Report is prepared in accordance with the Danish Financial Statements Act. The Company complies with the exemption provisions governing the omission to have its Financial Statements audited.In my opinion the Financial Statements give a true and fair view of the financial position at 31 December 2022 of the Company and of the results of the Company operations for 2022.I recommend that the Annual Report be adopted at the Annual General Meeting.Charlottenlund2023-06-19Yan ZhengExecutive OfficerTo the Management of YANZ ApS We have compiled the Financial Statements of YANZ ApS for the financial year 1 January - 31 December 2022 on the basis of the Enterprise’s accounting records and other information you have provided. The Financial Statements comprise income statement, balance sheet and notes, including a summary of significant accounting policies. We performed our work in accordance with ISRS 4410, Engagements to Compile Financial Information. Based on our professional expertise, we have assisted you with the preparation and presentation of the Financial Statements in accordance with the Danish Financial Statements Act. We have complied with relevant provisions of the Danish Act on Approved Auditors and Audit Firms and the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code), including the principles of integrity, objectivity, professional competence and due care. The Financial Statements and the accuracy and completeness of the information forming the basis of the compilation of the Financial Statements are your responsibility. As an engagement to compile financial information is not an assurance engagement, we are under no duty to verify the accuracy or completeness of the information you provided to us to compile the Financial Statements. Accordingly, we express no audit opinion or review opinion as to whether the Financial Statements have been prepared in accordance with the Danish Financial Statements Act. Hellerup2023-06-19Hellerup2023-06-19PricewaterhouseCoopers Statsautoriseret RevisionspartnerselskabLeif Ulbæk Jensenstatsautoriseret revisormne23327Sune Christensen Bjerrestatsautoriseret revisormne47832-14768-1250011357374249-128341-8674900-128341-86749-128341-8674953297285329728532972853297285329728532972826070260705332335532972850000500005000050000-402025-273684-352025-223684191845017885051918450178850593751250037565353752407376591037649075684360555341253323355329728The company's equity is lost. Hence, the company is covered by the Companies Act's rules on capital losses. It is management's assessment that the equity will be restored in the future via capital contributions, earnings or a combination. Management will provide liquidity to the company for 2023 as basis for the continuing operations of the company.The company's main activity is to invest in other companies and business related hereto.11357374249113573742491918450178850519184501788505The Annual Report of YANZ ApS for 2022 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B. The accounting policies applied remain unchanged from last year. The Financial Statements for 2022 are presented in DKK.Revenues are recognised in the income statement as earned. Furthermore, value adjustments of financial assets and liabilities measured at fair value or amortised cost are recognised. Moreover, all expenses incurred to achieve the earnings for the year are recognised in the income statement, including depreciation, amortisation, impairment losses and provisions as well as reversals due to changed accounting estimates of amounts that have previously been recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future economic benefits attributable to the asset will flow to the Company, and the value of the asset can be measured reliably. Liabilities are recognised in the balance sheet when it is probable that future economic benefits will flow out of the Company, and the value of the liability can be measured reliably. Assets and liabilities are initially measured at cost. Subsequently, assets and liabilities are measured as described for each item below.Other external expenses comprise general administration expenses.With reference to section 32 of the Danish Financial Statements Act, gross profit/loss is calculated as a summary of other external expenses.Financial income and expenses are recognised in the income statement at the amounts relating to the financial year.Tax for the year consists of current tax for the year and changes in deferred tax for the year. The tax attributable to the profit for the year is recognised in the income statement, whereas the tax attributable to equity transactions is recognised directly in equity.Current asset investments, which consist of other investments, are measured at cost. Investments which are not traded in an active market are measured at the lower of cost and recoverable amount.Deferred income tax is measured using the balance sheet liability method in respect of temporary differences arising between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes on the basis of the intended use of the asset and settlement of the liability, respectively. Deferred tax assets are measured at the value at which the asset is expected to be realised, either by elimination in tax on future earnings or by set-off against deferred tax liabilities within the same legal tax entity. Deferred tax is measured on the basis of the tax rules and tax rates that will be effective under the legislation at the balance sheet date when the deferred tax is expected to crystallise as current tax. Any changes in deferred tax due to changes to tax rates are recognised in the income statement or in equity if the deferred tax relates to items recognised in equity.Loans are recognised initially at the proceeds received net of transaction expenses incurred. Subsequently, the loans are measured at amortised cost; the difference between the proceeds and the nominal value is recognised as an interest expense in the income statement over the loan period. Other debts are measured at amortised cost, substantially corresponding to nominal value.397957442022-01-012022-12-31397957442021-01-012021-12-31397957442022-01-012022-12-31e:RetainedEarningsMember397957442021-01-012021-12-31e:RetainedEarningsMember397957442022-01-012022-12-312397957442022-01-012022-12-311397957442022-01-012022-12-311397957442021-12-31397957442022-12-31397957442022-12-31e:LongtermPayablesToShareholdersAndManagementMember397957442021-12-31e:LongtermPayablesToShareholdersAndManagementMemberiso4217:DKK