41940263 2025-01-01 2025-12-31 41940263 2025-01-01 2025-12-31 1 41940263 2025-01-01 2025-12-31 1 41940263 2024-01-01 2024-12-31 41940263 2025-12-31 41940263 2024-12-31 41940263 2024-12-31 fsa:ContributedCapitalMember 41940263 2024-12-31 fsa:RetainedEarningsMember 41940263 2025-01-01 2025-12-31 fsa:ContributedCapitalMember 41940263 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 41940263 2025-12-31 fsa:ContributedCapitalMember 41940263 2025-12-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Annual report 2026-06-30 Lasse Nygaard Christensen The Executive Board has today considered and approved the annual report of A-Leaf International 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. Hadsten Anders Grimstrup-Larsen CEO To Management of A-Leaf International ApS We have compiled the financial statements of A-Leaf International 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. Kolding Deloitte Statsautoriseret Revisionspartnerselskab 33963556 Morten Almtoft Lund State Authorised Public Accountant mne41365 Primary activitiesThe company's purpose is to ensure the delivery of know-how in the form of resources and project solutions, directly and indirectly, through ownership of other capital companies on a global scale. ​​Reference is made to note 1 regarding the description of going concern. Foreign branchesThe company's activities include, among other things, a branch in Taiwan under the name A-Leaf International ApS, Taiwan Branch (Denmark). -45203 -69005 -2651056 -6120573 268109 255512 316831 295295 -2744981 -6229361 -17766 -13278 -2727215 -6216083 -2727215 -6216083 -2727215 -6216083 0 0 0 0 0 0 67654 62970 19560 8594 23 30569 6800 4684 94037 106817 147965 168447 242002 275264 242002 275264 40000 40000 -11588479 -9895685 -11548479 -9855685 5249636 3900859 5249636 3900859 15000 15000 6525844 6215089 1 1 6540845 6230090 6540845 6230090 242002 275264 40000 -9895685 -9855685 0 -1034421 -1034421 -2727215 -2727215 40000 -11588479 -11548479 1 Judgements regarding going concernThe company's equity is negative due to the recognition of investments in affiliated companies at equity value, which should be viewed in light of the investments made in the startup activities of subsidiary companies. ​​The company's management expects that equity will be restored through future positive earnings in the subsidiaries. ​​Additionally, the company has received commitments from group companies that repayment of debt to affiliated companies will only occur to the extent that sufficient funds are available. Furthermore, the group will provide funds to cover ongoing expected expenses. 2 Other financial income ​2025​DKK2024​DKKFinancial income from group enterprises267,860255,071Other interest income249441268,109255,512 3 Other financial expenses2025​DKK2024​DKKFinancial expenses from group enterprises310,755294,885Exchange rate adjustments6,076410316,831295,295 4 Financial assetsInvestments in group enterprises​DKKCost beginning of year186,423Cost end of year186,423Revaluations beginning of year(186,423)Revaluations end of year(186,423)Exchange rate adjustments931,483Share of profit/loss for the year(2,548,118)Investments with negative equity value depreciated over receivables267,859Investments with negative equity value transferred to provisions1,348,776Impairment losses end of year0Carrying amount end of year0Investments in subsidiariesRegistered inCorporate formEquity​interest​%A-Leaf International GmbHGermanyGmbH100.00A-Leaf International Inc.USAInc.100.00A-Leaf International UK Ltd.EnglandLtd.100.00 5 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 6 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement where A-Leaf Holding ApSserves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is​therefore liable for income taxes etc. for the jointly taxed entities, and for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements. 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. Consolidated financial statementsReferring to section 110 of the Danish Financial Statements Act, no consolidated financial statements have been prepared. 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 revenue, changes in inventories of finished goods and work in progress, own ​work capitalised, other operating income, cost of raw materials and consumables and external expenses. Cost of salesCost of sales comprises goods consumed in the financial year measured at cost, adjusted for normal inventory writedowns. Other external expensesOther external expenses include expenses relating to the Entity’s normal activities, including expenses for ​premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of ​receivables recognised in current assets.​ Income from investments in group enterprisesIncome from investments in group enterprises comprises the pro rata share of the individual ​enterprises’ profit/loss after full elimination of intra-group profits or losses. Other financial incomeOther financial income consists of interest income, including interest income from receivables from affiliated companies, net exchange gains related to foreign currency transactions, as well as refunds under the on-account tax scheme, etc. Other financial expensesOther financial expenses consist of interest expenses, including interest expenses from debt to affiliated companies, net exchange losses related to foreign currency transactions, as well as surcharges under the on-account tax scheme, etc. Tax on profit/loss for the yearTax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the ​income statement by the portion attributable to the profit for the year and recognised directly in equity by the portion attributable to entries directly in equity. Investments in group enterprisesInvestments in group enterprises are recognised and measured according to the equity method. This means that investments are measured at the pro rata share of the enterprises’ equity value.​​Group enterprises with negative equity value are measured at DKK 0. Any receivables from these enterprises ​are written down to net realisable value based on a specific assessment. If the Parent has a legal or constructive obligation to cover the liabilities of the relevant enterprise, and it is probable that such obligation will involve a loss, a provision is recognised that is measured at present value of the costs necessary to settle the obligations at the balance sheet date.​​Upon distribution of profit or loss, net revaluation of investments in group enterprises is transferred to the reserve for net revaluation according to the equity method in equity.​​Investments in group enterprises are written down to their recoverable amount if this is lower than the carrying amount. ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and ​doubtful debts. Deferred taxDeferred tax is recognised on all temporary differences between the carrying amount and the tax-based value of assets and liabilities, for which the tax-based value is calculated based on the planned use of each asset. ​​Deferred tax assets, including the tax base of tax loss carryforwards, are recognised in the balance sheet at ​their estimated realisable value, either as a set-off against deferred tax liabilities or as net tax assets. Joint taxation contributions receivable or payableCurrent joint taxation contributions payable or joint taxation contributions receivable are recognised in the balance sheet, calculated as tax computed on the taxable income for the year, which has been adjusted for prepaid tax. For tax losses, joint taxation contributions receivable are only recognised if such losses are expected to be used under the joint taxation arrangement. CashCash comprises cash in hand and bank deposits. Other provisionsOther provisions include obligations related to subsidiaries with negative intrinsic value. ​​Other provisions are recognised and measured as the best estimate of the costs required to settle the obligations​at the balance sheet date. Provisions with an expected maturity beyond one year from the balance sheet date are​measured at discounted value. Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Ikke væsentlig usikkerhed vedr. fortsat drift true 2026-06-30 2026-06-30 true 2024-01-01 2024-12-31 Kolding 6000 4 Egtved Allé Favrskov Hadsten 8370 Regnskabsklasse B Andre erklæringer uden sikkerhed 2025-12-31 2025-01-01 19 Østergade A-Leaf International ApS 41940263 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab