43338528 2025-01-01 2025-12-31 43338528 2025-01-01 2025-12-31 1 43338528 2025-01-01 2025-12-31 1 43338528 2024-01-01 2024-12-31 43338528 2025-12-31 43338528 2024-12-31 43338528 2024-12-31 fsa:ContributedCapitalMember 43338528 2024-12-31 fsa:RetainedEarningsMember 43338528 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 43338528 2025-12-31 fsa:ContributedCapitalMember 43338528 2025-12-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Annual report 2026-06-30 Nicolai Vittrup The Executive Board has today considered and approved the annual report of NZE2050 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. Copenhagen Nicolai Vittrup To Management of NZE2050 ApS We have compiled the financial statements of NZE2050 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 Heidi Julitta Østergaard Jensen State Authorised Public Accountant mne34163 Primary activitiesThe purpose of the company is to hold investments and provide loans, including holding ownership stakes in other companies. Development in activities and financesThe company's equity is less than half of the subscribed capital as of December 31 2025.​ ​The management expects that the company can re-establish its capital through ongoing operations and ensure that sufficient liquidity is earned to meet its obligations as they fall due. Furthermore, a letter of support has been received from the company’s shareholders, which supports the company until 31 December 2026, including​by providing liquidity if needed to settle the company’s creditors. 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. -20822 -12977 0 631 2 13 4783 11419 30868 14393 -56471 -38145 -56471 -38145 -56471 -38145 797582 577295 797582 577295 797582 577295 1323 910 1323 910 798905 578205 40000 40000 -98414 -41943 -58414 -1943 0 56373 12500 15000 576241 428230 268578 80545 857319 580148 857319 580148 798905 578205 40000 -41943 -1943 -56471 -56471 40000 -98414 -58414 1 Material uncertainty related to going concernThe company's equity is less than half of the subscribed capital as of December 31 2025.​ ​The management expects that the company can re-establish its capital through ongoing operations and ensure that sufficient liquidity is earned to meet its obligations as they fall due. Furthermore, a letter of support has been received from the company’s shareholders, which supports the company until 31 December 2026, including​by providing liquidity if needed to settle the company’s creditors. 2 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 3 Contingent liabilitiesThere is a remaining investment commitment of a total of DKK 1,416 thousand. 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. Foreign currency translationOn initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the rate in effect at the payment date, or the rate at the balance sheet date, are recognised in the income statement as financial income or financial expenses. equity. Gross profit or lossGross profit or loss comprises other external costs. Other external expensesOther external expenses include expenses relating to the Entity’s normal activities. Income from other fixed asset investments Income from other fixed asset investments comprises gains in the form of interest, dividends, etc. on fixed ​asset investments which are not investments in group enterprises or associates. Other financial incomeOther financial income comprises dividends etc. received on other investments, interest income, including ​interest income on receivables from group enterprises, net capital or exchange gains on securities, payables ​and transactions in foreign currencies, amortisation of financial assets, and tax relief under the Danish ​Tax Prepayment Scheme etc. Impairment losses on financial assetsImpairment losses on financial assets comprise impairment losses on financial assets which are not measured ​at fair value on a current basis. Other financial expensesOther financial expenses comprise interest expenses and exchange losses on payables and transactions in foreign currencies. Other investmentsOther investments comprise unlisted equity investments measured at the lower of cost and net realisable value. CashCash comprises cash in hand and bank deposits. Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Væsentlig usikkerhed vedr. fortsat drift true 2026-06-30 2026-06-30 true 2024-01-01 2024-12-31 8600 Silkeborg 26 Papirfabrikken Frederiksberg Frederiksberg 2000 Regnskabsklasse B Andre erklæringer uden sikkerhed 2025-12-31 2025-01-01 st114 Falkoner Alle NZE2050 ApS 43338528 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab