40933263 2025-01-01 2025-12-31 40933263 2025-01-01 2025-12-31 1 40933263 2025-01-01 2025-12-31 1 40933263 2025-01-01 2025-12-31 1 40933263 2025-01-01 2025-12-31 2 40933263 2025-01-01 2025-12-31 3 40933263 2025-01-01 2025-12-31 4 40933263 2025-01-01 2025-12-31 5 40933263 2024-01-01 2024-12-31 40933263 2025-12-31 40933263 2024-12-31 40933263 2025-01-01 d:ContributedCapitalMember 40933263 2025-01-01 d:RevaluationReserveMember 40933263 2025-01-01 d:RetainedEarningsMember 40933263 2025-01-01 2025-12-31 d:RevaluationReserveMember 40933263 2025-01-01 2025-12-31 d:RetainedEarningsMember 40933263 2025-12-31 d:ContributedCapitalMember 40933263 2025-12-31 d:RevaluationReserveMember 40933263 2025-12-31 d:RetainedEarningsMember 40933263 2025-01-01 d:CompletedDevelopmentProjectsMember 40933263 2025-01-01 2025-12-31 d:CompletedDevelopmentProjectsMember 40933263 2025-12-31 d:CompletedDevelopmentProjectsMember 40933263 2025-01-01 d:InvestmentsInGroupEnterprisesMember 40933263 2024-01-01 d:InvestmentsInGroupEnterprisesMember 40933263 2025-12-31 d:InvestmentsInGroupEnterprisesMember 40933263 2024-12-31 d:InvestmentsInGroupEnterprisesMember 40933263 2025-01-01 d:DepositsLongtermInvestmentsAndReceivablesMember 40933263 2025-01-01 2025-12-31 d:DepositsLongtermInvestmentsAndReceivablesMember 40933263 2025-12-31 d:DepositsLongtermInvestmentsAndReceivablesMember 40933263 2025-01-01 d:ConvertibleProfitYieldingOrDividendYieldingLongtermDebtInstrumentsMember 40933263 2025-12-31 d:ConvertibleProfitYieldingOrDividendYieldingLongtermDebtInstrumentsMember 40933263 2025-01-01 d:HolidayAllowanceLiabilitiesLongtermMember 40933263 2025-12-31 d:HolidayAllowanceLiabilitiesLongtermMember iso4217:DKK xbrli:pure Årsrapport Niels Jernes Vej Aalborg 9220 10 40933263 Niels Jernes Vej 10 Mathias Légaré Holm 2025-12-31 2024-01-01 CaseWare-FSR 2026-06-25 2025-01-01 Robotto Co ApS 40933263 9220 Aalborg Øst 2024-12-31 Robotto Co ApS Aalborg Øst DK Danmark 2019-11-14 Aalborg Jyske Bank Deloitte 33963556 Peter Nørrevang Statsautoriseret Revisor Østre Havnepromenade 26, 4 sal 9000 DK Danmark Regnskabsklasse B Andre erklæringer uden sikkerhed The Board of Directors and executive board have today discussed and approved the annual report of Robotto Co ApS for the financial year 1 January - 31 December 2025. The annual report is prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the company's financial position at 31 December 2025 and of the results of the company's operations for the financial year 1 January - 31 December 2025. In our opinion, management's review includes a fair review of the matters dealt with in the management's review. The financial statements have not been audited. Management considers the criteria for not auditing the financial statements to be met. Management recommends that the annual report should be approved by the company in general meeting. Ole Schack Petersen Ole Schack Petersen Morten Wiegand Jacob Struckmann Kenneth Richard Geipel Iuliu Novac To the shareholder of Robotto Co ApS We have compiled the financial statements of Robotto Co ApS for the financial year 1 January - 31 December 2025 based on the company's bookkeeping records and other information made available by enterprise.The financial statements comprises a summary of significant accounting policies, income statement, balance sheet, statement of changes in equity and notes.We performed the engagement in accordance with ISRS 4410, Compilation Engagements.We have applied our professional expertise to assist the enterprise in the preparation and presentation of the financial statements in accordance with the Danish Financial Statements Act. We complied with the relevant provisions of the Danish Act on Approved Auditors and with the International Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code), including principles relating to integrity, objectivity, professional competence and due care.The financial statements and the accuracy and completeness of the information used to compile the financial statements are the enterprise´s responsibility.As a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information provided by enterprise for our compilation of the financial statements. Accordingly, we do not express an audit or a review conclusion on whether the financial statements have been prepared in accordance with the Danish Financial Statements Act. Aalborg 2026-06-25 Deloitte Peter Nørrevang Statsautoriseret Revisor mne11706 Business reviewThe object of the company is to conduct business with development, production and sale of autonomous drone technology as well as stationary installation and possibly develop and consult general robotics technology, as well as related business at the discretion of the board. Recognition and measurement uncertaintiesDue to the company specific activity as a development company there is a natural uncertainty related to the measurement of the company's development. The carrying amount of the development project is based on the management's positive expectations to the future. Significant 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. The annual report of Robotto Co ApS for 2025 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 are consistent with those of last year.The annual report for 2025 is pre­sen­ted in DKK Income is recognised in the income statement as earned, including value adjustments of financial assets and liabilities. All expenses, including amortisation, depreciation and impairment losses, are also recognised in the income statement.Assets are recognised in the balance sheet when it is probable that future economic benefits 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 from the company and the value of the liability can be measured reliably.On initial recognition, assets and liabilities are measured at cost. On subsequent recognition, assets and liabilities are measured as described below for each individual accounting item.Certain financial assets and liabilities are measured at amortised cost using the effective interest method. Amortised cost is calculated as the historic cost less any installments and plus/less the accumulated amortisation of the difference between the cost and the nominal amount.On recognition and measurement, allowance is made for predictable losses and risks which occur before the annual report is presented and which confirm or invalidate matters existing at the balance sheet date. In pursuance of section 32 of the Danish Financial Statements Act, the company does not disclose its revenue. Gross profit reflects an aggregation of revenue, and other operating income less costs of raw materials and consumables and other external expenses. Other external expenses include expenses related to distribution, sale, advertising, administration, premises, bad debts, payments under operating leases, etc. Staff costs include wages and salaries, including compensated absence and pensions, as well as other social security contributions, etc. made to the entity's employees. Financial income and expenses are recognised in the income statement at the amounts that relate to the financial year. Net financials include interest income and expenses, financial expenses relating to finance leases, realised and unrealised capital/exchange gains and losses on securities, liabilities and foreign currency transactions, amortisation of financial assets and liabilities and surcharges and allowances under the Danish Tax Prepayment Scheme, etc. Tax for the year, which comprises the current tax charge for the year and changes in the deferred tax charge, is recognised in the income statement as regards the portion that relates to the profit/loss for the year and directly in equity as regards the portion that relates to entries directly in equity. Development projects, patents and licencesDevelopment costs comprise costs, wages/salaries and amortisation losses that are directly and indirectly attributable to the company's development activities.Developments projects recognised in the balance sheet are measured at cost less accumulated amortisation and impairment losses.Following the completion of the development work, development costs are amortised on a straight-line basis over the estimated useful life. The amortisation period is usually five years.Gains and losses on the disposal of development projects, patents and licences are determined as the difference between the selling price less costs to sell and the carrying amount at the date of disposal. Gains or losses are recognised in the income statement as other operating income or other operating expenses, respectively. Investment in subsidiaries, associates and participating interests are measured at cost. If cost exceeds the recoverable amount, a write-down is made to this lower value. The carrying amount of intangible assets, items of property, plant and equipment and investments in subsidiaries, associates and participating interests is tested annually for impairment, other than what is reflected through normal amortisation and depreciation.Where there is evidence of impairment, an impairment test is performed for each individual asset or group of assets. Write-down is made to the lower of the recoverable amount and the carrying amount.The recoverable amount is the higher of the net present value and the value in use less expected costs to sell. The net present value is determined as the present value of the anticipated net cash flows from the use of the asset or group of assets and the anticipated net cash flows from the disposal of the asset or group of assets after the end of their useful life. Receivables are measured at amortised cost. Prepayments recognised under 'Current assets' comprises expenses incurred concerning subsequent financial years. Current tax liabilities and current tax receivables are recognised in the balance sheet as the estimated tax on the taxable income for the year, adjusted for tax on the taxable income for previous years and tax paid on account.Deferred tax is measured according to the liability method in respect of temporary differences between the carrying amount of assets and liabilities and their tax base, calculated on the basis of the planned use of the asset and settlement of the liability, respectively. Deferred tax is measured at net realisable value.Deferred tax is measured according to the tax rules and at the tax rates applicable in the respective countries at the balance sheet date when the deferred tax is expected to crystallise as current tax. Deferred tax adjustments resulting from changes in tax rates are recognised in the income statement, with the exception of items taken directly to equity.Deferred tax assets, including the tax base of tax losses allowed for carry forward, are measured at the value to which the asset is expected to be realised, either as a set-off against tax on future income or as a set-off against deferred tax liabilities within the same legal tax entity. Any deferred net tax assets are measured at net realisable value. Financial liabilities are recognised on the raising of the loan at the proceeds received net of transaction costs incurred. On subsequent recognition, the financial liabilities are measured at amortised cost, corresponding to the capitalised value, using the effective interest method. Accordingly, the difference between the net proceeds and the nominal value is recognised in the income statement over the term of the loan.Other liabilities, which include trade payables, payables to group entities and other payables, are measured at amortised cost, which is usually equivalent to nominal value. Deferred income recognised under 'Current liabilities' comprises payments received concerning income in subsequent financial years. 12751193 2827306 4458915 2927026 98360 233446 8193918 -333166 773 369 44422 96076 8150269 -428873 1525892 -110000 6624377 -318873 2524681 0 4099696 -318873 7740279 4503509 7740279 4503509 50000 50000 40919 26642 90919 76642 7831198 4580151 0 478000 0 5500 0 483500 8327683 1148503 8327683 1632003 16158881 6212154 57800 57800 6037418 3512737 601389 -3498307 6696607 72230 733197 0 733197 0 494131 700917 21343 21343 515474 722260 124000 0 1089041 158954 1427 0 504988 0 2088121 924420 4406026 4334290 8213603 5417664 8729077 6139924 16158881 6212154 57800 3512737 -3498307 2524681 0 0 4099696 57800 6037418 601389 4425045 2890055 33870 36971 4458915 2927026 5 6 504988 0 1211197 -110000 -190293 0 5693820 4375534 10069354 0 -1190311 -1138764 -2329075 7740279 Robotto continues to expand its software stack portfolio on several drone types, including Cruise Control and AI-modelling. The security development for both stationary and airborne surveillance continues and product commercialization is expected Q1-2 2027. 50000 50000 50000 50000 50000 50000 26642 14277 40919 40919 700917 618131 124000 0 21343 21343 0 0 Due to the company specific activity as a development company there is a natural uncertainty related to the measurement of the company's development. The carrying amount of the development project is based on the management's positive expectations to the future.