42251291 2025-01-01 2025-12-31 42251291 2025-01-01 2025-12-31 1 42251291 2025-01-01 2025-12-31 1 42251291 2024-01-01 2024-12-31 42251291 2025-12-31 42251291 2024-12-31 42251291 2024-12-31 fsa:ContributedCapitalMember 42251291 2024-12-31 fsa:RetainedEarningsMember 42251291 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 42251291 2025-12-31 fsa:ContributedCapitalMember 42251291 2025-12-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Annual report 2026-06-25 Jonas Skytte Thordal The Executive Board has today considered and approved the annual report of ProgramIT Holding ApS for the financial year 01.01.2025 - 31.12.2025. The annual report is presented in accordance with the Danish Financial Statements Act. In my opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2025 and​of the results of its operations for the financial year 01.01.2025 - 31.12.2025. I believe that the management commentary contains a fair review of the affairs and conditions referred to therein. I consider the preconditions for not auditing the financial statements for the financial year 01.01.2025 - 31.12.2025 to be complied with. I recommend the annual report for adoption at the Annual General Meeting. Dragør Jonas Skytte Thordal To Management of ProgramIT Holding ApS We have compiled the financial statements of ProgramIT Holding ApS for the financial year 01.01.2025 - 31.12.2025 based on the Entity’s bookkeeping records and other information Management has ​provided. ​​ ​​These financial statements comprise the income statement, balance sheet, statement of changes in equity, notes and a summary of significant accounting policies. ​​ ​​We performed this compilation engagement in accordance with ISRS 4410, Compilation Engagements. ​​ ​​We have applied our expertise in accounting and financial reporting to assist Management in the preparation ​​and presentation of these financial statements in accordance with the Danish Financial Statements Act. We have complied with relevant provisions of the Danish Public Accountants Act and the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code), including principles of integrity, objectivity, professional competence and due care. ​​These financial statements and the accuracy and completeness of the information used to compile the financial ​​statements are Management’s responsibility. ​​Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy ​​or completeness of the disclosures Management provided to us to compile these financial statements. ​Accordingly, we do not express an audit opinion or a review conclusion about whether the financial statements ​​have been prepared in accordance with the Danish Financial Statements Act. Silkeborg Deloitte Statsautoriseret Revisionspartnerselskab 33963556 Rasmus Volert Madsen State Authorised Public Accountant mne45822 Primary activitiesThe purpose of the company is to own ownership interests in other companies as well as other investments at the management's discretion. Development in activities and financesThe shareholder of the Entity has indicated that he will financially support the company as necessary for the Entity to fulfill its obligations. Reference is made to note 1. Events after the balance sheet dateNo events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report. -6318 -7890 26278 22692 -32596 -30582 -32596 -30582 -32596 -30582 514388 514388 514388 514388 514388 514388 3024 6683 3024 6683 517412 521071 40000 40000 -150288 -117692 -110288 -77692 597446 574528 597446 574528 3750 3750 26504 20485 30254 24235 627700 598763 517412 521071 40000 -117692 -77692 -32596 -32596 40000 -150288 -110288 The Entity is subject to the rules of the Danish Companies Act on capital losses due to the loss of equity. The management expects to reestablish the equity through capital contribution from the owner or realized profits in other investments. 1 Judgements regarding going concernThe shareholder of the Entity has indicated that he will financially support the company as necessary for the Entity to fulfill its obligations. On the basis hereof the annual report is presented under the assumption of going concern. 2 Financial assetsInvestments in​associates​DKKCost beginning of year514,388Cost end of year514,388Carrying amount end of year514,388Investments in associatesRegistered inCorporate ​formEquity ​​interest ​​%Equity​DKKProfit/loss​DKKWeld Technologies ApSDenmarkApS30.0214,652,410(3,652,151) 3 Non-current liabilities other than provisionsDue after more than 12 months​2025​DKKOther payables597,446597,446It is not possible to calculate debt after 5 years, as this is depending on dividends received from the companys other investments. 4 EmployeesThe Entity has no employees other than the Executive Board. The Executive Officer has not received any remuneration.20252024Average number of full-time employees00 0 0 This annual report has been presented in accordance with the provisions of the Danish Financial Statements ​Act governing reporting class B enterprises with addition of a few provisions for reporting class C.The accounting policies applied to these financial statements are consistent with those applied last year. Recognition and measurementAssets are recognised in the balance sheet when it is probable as a result of a prior event that future economic ​benefits will flow to the Entity, and the value of the asset can be measured reliably. ​​Liabilities are recognised in the balance sheet when the Entity has a legal or constructive obligation as a ​result of a prior event, and it is probable that future economic benefits will flow out of the Entity, and the ​value of the liability can be measured reliably. ​​On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial ​recognition is effected as described below for each financial statement item. ​​Anticipated risks and losses that arise before the time of presentation of the annual report and that confirm ​or invalidate affairs and conditions existing at the balance sheet date are considered at recognition and ​measurement. ​​Income is recognised in the income statement when earned, whereas costs are recognised by the amounts ​attributable to this financial year. Gross profit or lossGross profit or loss comprises of external expenses. Other external expensesOther external expenses include expenses relating to the Entity’s ordinary activities, including administration costs. Other financial expensesOther financial expenses comprise of interest expenses. Investments in associatesInvestments in associates are measured at cost. Investments are written down to the lower of recoverable amount and carrying amount.Investments in associates fall within the definitions of both participating interests and associates, yet in the financial statements they have been presented as investments in associates because this designation reflects more accurately the Company’s involvement in the relevant entities. The accounting policies applied to material financial statement items of associates are: ​​Completede development projects: Development projects on clearly defined and identifiable products and processes, for which the technical rate of utilisation, adequate resources and a potential future market or development opportunity in the enterprise can be established, and where the intention is to manufacture, market or apply the product or process in question, are recognised as intangible assets. ​ ​The cost of development projects comprises costs such as salaries and external expenses that are directly and ​indirectly attributable to the development projects. ​ ​Indirect production costs in the form of indirectly attributable staff costs and external expenses are recognised in cost based on time spent on each project. ​ ​Completed development projects are amortised on a straight-line basis using their estimated useful lives ​which are determined based on a specific assessment of each development project. The amortisation periods used are 5 years. CashCash comprises bank deposits. Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Ikke væsentlig usikkerhed vedr. fortsat drift true 2026-06-25 2026-06-25 true 2024-01-01 2024-12-31 8600 Silkeborg 26 Papirfabrikken Dragør Dragør 2791 Regnskabsklasse B Andre erklæringer uden sikkerhed 2025-12-31 2025-01-01 36 Jægervej ProgramIT Holding ApS 42251291 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab