31278082 2024-01-01 2024-12-31 31278082 2023-01-01 2023-12-31 31278082 2024-01-01 2024-12-31 31278082 2023-12-31 31278082 2024-12-31 31278082 2023-01-01 2023-12-31 EOGS_202040000:RetainedEarningsMember 31278082 2024-01-01 2024-12-31 EOGS_202040000:RetainedEarningsMember 31278082 2024-01-01 2024-12-31 Revisorvirksomhed 1 31278082 2024-01-01 2024-12-31 Revisor_underskriver_1 31278082 2024-01-01 2024-12-31 Direktionsmedlem 1 31278082 2024-01-01 2024-12-31 Bestyrelsesmedlem 1 31278082 2024-01-01 2024-12-31 Bestyrelsesmedlem 2 iso4217:DKK pure To the Shareholders of VICE ApS Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the Financial Statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Financial Statements. As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgment and maintain professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management. Conclude on the appropriateness of Management’s use of the going concern basis of accounting in preparing the Financial Statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Financial Statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern. Evaluate the overall presentation, structure and contents of the Financial Statements, including the disclosures, and whether the Financial Statements represent the underlying transactions and events in a manner that gives a true and fair view. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Opinion We have audited the financial statements of VICE ApS for the financial year 1. januar 2024 - 31. december 2024, which comprise income statement, balance sheet, statement of changes in equity, notes and a summary of significant accounting policies. The Financial Statements are prepared under 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 2024, and of the results of the Company operations for the financial year 1. januar 2024 - 31. december 2024 in accordance with the Danish Financial Statements Act. Konklusion Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the “Auditor’s Responsibilities for the Audit of the Financial Statements” section of our report. We are independent of the Company in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Grundlag for konklusion Emphasis of Matter We draw attention to note 5 of the financial statements and the mention of accounting policies, that the annual report is not prepared under the assumption of continued operations, and that recognition, measurement and presentation take this into account. Our opinion has not been modified regarding this matter. Statement on Management’s Review Management is responsible for Management’s Review. Our opinion on the Financial Statements does not cover Management’s Review, and we do not express any form of assurance conclusion thereon. In connection with our audit of the Financial Statements, our responsibility is to read Management’s Review and, in doing so, consider whether Management’s Review is materially inconsistent with the Financial Statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether Management’s Review provides the information required under the Danish Financial Statements Act. Based on the work we have performed, we conclude that Management’s Review is in accordance with the Financial Statements and has been prepared in accordance with the requirements of the Danish Financial Statement Acts. We did not identify any material misstatement of Management’s Review. Management’s Responsibilities for the Financial Statements Management is responsible for the preparation of Financial Statements that give a true and fair view in accordance with the Danish Financial Statements Act, and for such internal control as Management determines is necessary to enable the preparation of Financial Statements that are free from material misstatement, whether due to fraud or error. In preparing the Financial Statements, Management is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the Financial Statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Søborg, 3. juli 2025 Dansk Revision Søborg Statsautoriseret revisionsaktieselskab, CVR-nr. 14649905 Ali Saadi Ali Al-Badri Statsautoriseret revisor mne51488 Søborg, 3. juli 2025 Dansk Revision Søborg Statsautoriseret revisionsaktieselskab, CVR-nr. 14649905 Ali Saadi Ali Al-Badri Statsautoriseret revisor mne51488 2025-07-03 To the Shareholders of VICE ApS Konklusion Conclusion Vi har udført udvidet gennemgang af årsregnskabet for VICE ApS for regnskabsåret 1. januar 2024 - 31. december 2024, der omfatter resultatopgørelse, balance, egenkapitalopgørelse, pengestrømsopgørelse og noter, herunder anvendt regnskabspraksis. Årsregnskabet udarbejdes efter årsregnskabsloven. We have performed an extended review of the financial statements of VICE ApS for the financial year 1. januar 2024 - 31. december 2024, which comprise income statement, balance sheet, statement of changes in equity, cash flow statement and notes, including a summary of significant accounting policies. The financial statements are prepared under the Danish Financial Statements Act. Baseret på det udførte arbejde er det vores opfattelse, at årsregnskabet giver et retvisende billede af selskabets aktiver, passiver og finansielle stilling pr. 31. december 2024 samt af resultatet af selskabets aktiviteter og pengestrømme for regnskabsåret 1. januar 2024 - 31. december 2024 i overensstemmelse med årsregnskabsloven. Based on the work performed, in our opinion, the financial statements give a true and fair view of the Company's financial position at 31. december 2024 and of the results of the Company's operations and cash flows for the financial year 1. januar 2024 - 31. december 2024 in accordance with the Danish Financial Statements Act. Grundlag for konklusion Basis for conclusion Vi har udført vores udvidede gennemgang i overensstemmelse med Erhvervsstyrelsens erklæringsstandard for små virksomheder og FSR – danske revisorers standard om udvidet gennemgang af årsregnskaber, der udarbejdes efter årsregnskabsloven. Vores ansvar ifølge disse standarder og krav er nærmere beskrevet i afsnittet ”Revisors ansvar for den udvidede gennemgang af årsregnskabet”. Vi er uafhængige af selskabet i overensstemmelse med International Ethics Standards Board for Accountants’ internationale retningslinjer for revisorers etiske adfærd (IESBA Code) og de yderligere etiske krav, der er gældende i Danmark, ligesom vi har opfyldt vores øvrige etiske forpligtelser i henhold til disse krav og IESBA Code. Det er vores opfattelse, at det opnåede bevis er tilstrækkeligt og egnet som grundlag for vores konklusion. We conducted our extended review in accordance with the Danish Business Authority's Assurance Standard for Small Enterprises and FSR – Danish Auditors' standard on extended review of financial statements prepared in accordance with the Danish Financial Statements Act. Our responsibilities under those standards and requirements are further described in the "Auditor's responsibilities for the extended review of the financial statements" section of our report. We are independent of the Company in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion. Ledelsens ansvar for årsregnskabet Management's responsibilities for the financial statements Ledelsen har ansvaret for udarbejdelsen af et årsregnskab, der giver et retvisende billede i overensstemmelse med årsregnskabsloven. Ledelsen har endvidere ansvaret for den interne kontrol, som ledelsen anser for nødvendig for at udarbejde et årsregnskab uden væsentlig fejlinformation, uanset om denne skyldes besvigelser eller fejl. Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act, and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Ved udarbejdelsen af årsregnskabet er ledelsen ansvarlig for at vurdere selskabets evne til at fortsætte driften; at oplyse om forhold vedrørende fortsat drift, hvor dette er relevant; samt at udarbejde årsregnskabet på grundlag af regnskabsprincippet om fortsat drift, medmindre ledelsen enten har til hensigt at likvidere selskabet, indstille driften eller ikke har andet realistisk alternativ end at gøre dette. In preparing the financial statements, Management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Revisors ansvar for den udvidede gennemgang af årsregnskabet Auditor's responsibilities for the extended review of the financial statements Vores ansvar er at udtrykke en konklusion om årsregnskabet. Dette kræver, at vi planlægger og udfører handlinger med henblik på at opnå begrænset sikkerhed for vores konklusion om årsregnskabet og derudover udfører specifikt krævede supplerende handlinger med henblik på at opnå yderligere sikkerhed for vores konklusion. Our responsibility is to express a conclusion on the financial statements. This requires that we plan and perform procedures in order to obtain limited assurance for our conclusion on the financial statements and in addition perform specifically required supplementary procedures to obtain further assurance for our conclusion. En udvidet gennemgang omfatter handlinger, der primært består af forespørgsler til ledelsen og, hvor det er hensigtsmæssigt, andre i virksomheden, analytiske handlinger og de specifikt krævede supplerende handlinger samt vurdering af det opnåede bevis. An extended review comprises procedures that primarily consist of making inquiries of Management and others within the Company, as appropriate, analytical procedures and the specifically required supplementary procedures as well as evaluation of the evidence obtained. Omfanget af handlinger, der udføres ved en udvidet gennemgang, er mindre end ved en revision, og vi udtrykker derfor ingen revisionskonklusion om årsregnskabet. The procedures performed in an extended review are less than those performed in an audit, and accordingly, we do not express an audit opinion on the financial statements. Udtalelse om ledelsesberetningen Statement on the Management's review Ledelsen er ansvarlig for ledelsesberetningen. Management is responsible for the Management's review. Vores konklusion om årsregnskabet omfatter ikke ledelsesberetningen, og vi udtrykker ingen form for konklusion med sikkerhed om ledelsesberetningen. Our opinion on the financial statements does not cover the Management's review, and we do not express any form of assurance conclusion thereon. I tilknytning til vores udvidede gennemgang af årsregnskabet er det vores ansvar at læse ledelsesberetningen og i den forbindelse overveje, om ledelsesberetningen er væsentlig inkonsistent med årsregnskabet eller vores viden opnået ved den udvidede gennemgang eller på anden måde synes at indeholde væsentlig fejlinformation. In connection with our extended review of the financial statements, our responsibility is to read the Management's review and, in doing so, consider whether the Management's review is materially inconsistent with the financial statements or our knowledge obtained during the extended review, or otherwise appears to be materially misstated. Vores ansvar er derudover at overveje, om ledelsesberetningen indeholder krævede oplysninger i henhold til årsregnskabsloven. Moreover, it is our responsibility to consider whether Management's review provides the information required under the Danish Financial Statements Act. Baseret på det udførte arbejde er det vores opfattelse, at ledelsesberetningen er i overensstemmelse med årsregnskabet og er udarbejdet i overensstemmelse med årsregnskabslovens krav. Vi har ikke fundet væsentlig fejlinformation i ledelsesberetningen. Based on the work we have performed, we conclude that the Management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statements Act. We did not identify any material misstatement of Management's review. 2024-12-31 2024-01-01 541987 0 -55640757 -746429 -55640757 -746429 10714 0 10714 0 30858 0 40207 2698988 71065 4134347 0 1435359 108892 62640 179957 4196987 374439 275564 190670 4196987 45688013 0 General The annual report was prepared in accordance with the provisions of the Danish Financial Statements Act for reporting class B. The financial statements were prepared using the same accounting policies as last year. In addition, the Company has decided to observe certain provisions from higher reporting classes. The financial statements have been prepared according to the same accounting policies as last year. General principles for recognition and measurement 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 out of the company and the value of the liability can be measured reliably. On initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described below for each individual item. Certain financial assets and liabilities are measured at amortised cost, implying the recognition of a constant effective interest rate to maturity. Amortised cost is determined as original cost less any repayments and with addition/deduction of the accumulated amortisation of the difference between cost and nominal amount. In recognition and measurement, foreseeable losses and risks are taken into consideration when arising before the annual report is prepared and proving or disproving matters existing on the balance sheet date. Income is recognised in the income statement as earned, including value adjustments of financial assets and liabilities measured at fair value or amortised cost. Also recognised are expenses incurred to generate the earnings for the year, including depreciation, amortisation, impairment losses and provisions, as well as reversals resulting from changes in accounting estimates of amounts previously recognised in the income statement. Foreign currency translation During the year, foreign currency transactions are translated at the exchange rates prevailing on the transaction date. Foreign currency receivables, payables and other items that have not been settled on the balance sheet date are translated at the exchanges rates prevailing on the balance sheet date. Realised and unrealised foreign currency translation adjustments are recognised in the income statement under net financials. Financial instruments are not used to hedge the value expressed in Danish currency of balance sheet items in foreign currencies and future foreign currency transactions. Income statement Revenue Revenue from the sale of goods for resale and finished good is recognised in the income statement if the delivery and passing of risk to the buyer have taken place before the end of the financial year and if the amount of revenue can be determined reliably and is expected to be received. Revenue is recognised exclusive of VAT and less sales discounts. Contract work in progress is recognised on the value of work completed; revenue thus corresponds to the selling price of the production of the year on contract work in progress (the percentage of completion method). Revenue is recognised when total income and expenses under the construction contract and the stage of completion at the balance sheet date can be determined reliably and it is probable that economic benefits, including payments, will flow to the company. Gross profit Revenue less expenses for direct costs and other external expenses are aggregated in the item 'Gross profit'. Other operating income Other operating income include items of a secondary nature to the company's principal activity. Other external expenses Other external expenses include expenses relating to distribution, sale, advertising, administration, premises, bad debts, operating lease expenses etc. Staff costs Staff costs include wages and salaries and social security costs, pensions etc. for the company's staff. Financial income and expenses Net financials include interest income and expenses, financial expenses relating to finance leases, realised and unrealised capital gains and losses from foreign currency securities, payables and transactions, amortisation of mortgage loans and surcharges and allowances under the tax prepayment scheme etc. Tax on net income or loss for the year Tax for the year, comprising current tax for the year and changes in deferred tax for the year, is recognised in the income statement as the share attributable to net income or loss for the year, and directly in equity as the share attributable to entries directly to equity. Balance sheet Property, plant and equipment Property, plant and equipment are measured at cost less accumulated depreciation. Property, plant and equipment are depreciated on a straight-line basis, based on an estimate of the useful life and residual value of each asset. The basis of depreciation is cost less estimated residual value at the end of the useful life. Cost includes the cost of acquisition and expenses directly related to the acquisition until the asset is ready for use. Land is not depreciated. The depreciation period and residual value are determined at the time of acquisition and will be reassessed on an annual basis. If the residual value of the asset exceeds its book value, depreciation will be discontinued. When there is a change in the depreciation period or residual value, the effect on depreciation will be recognised on a forward-looking basis as a change in the accounting estimate. Estimated useful lives are included as follows: Depreciation period Residual value Other plant, fixtures and operating equipment 3-5 years 0-20% Profit or loss on the disposal of property, plant and equipment is determined as the difference between the selling price less selling costs and the carrying amount at the time of sale. Profit or loss is recognised in the income statement under other operating income or other operating expenses. Property, plant and equipment under leases and meeting the conditions for finance leases are treated under the same guidelines as those applying to owned assets. Receivables Receivables are measured in the balance sheet at amortised cost, usually equivalent to nominal value. The value is reduced by write-downs for expected losses following an assessment of each receivable. Cash Includes cash and easily realisable securities which are subject to insignificant risk of changes in value. Payables Payables are measured at net realised value Tax payable and deferred tax Current tax liabilities and tax receivable are measured in the balance sheet as tax calculated on the taxable income for the year, adjusted for tax on taxable for previous years and tax prepaid. Deferred tax on temporary differences between the tax base of assets and liabilities and their carrying amounts is measured under the balance sheet liability method. Deferred tax is measured on the basis of the tax regulations and rates that, according to the rules in force at the balance sheet date, will apply at the time the deferred tax is expected to crystallise as current tax. Changes in deferred tax as a result of changes in tax rates are recognised in the income statement. Deferred tax assets, including the tax base of tax loss carry-forwards, is measured at the value at which the asset is expected to be realisable, either by elimination in tax on future positive taxable income or by set-off against deferred tax liabilities within the same legal tax entity. Any deferred net tax assets are measured at net realisable value. Regnskabsklasse B <table xmlns="http://www.w3.org/1999/xhtml" style="border: 0pt none;width: 650px; border-collapse: collapse;"><tbody><tr><th style="border: 0pt none; width: 55%;"> </th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Virksom- hedskapital</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Overkurs ved emission</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Reserver for opskrivninger</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Reserver for nettoopskrivninger</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Reserver for egne kapitalandele</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Reserve for dagsværdi på investeringsaktiver</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Reserve for iværksætterselskab</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Reserve for udviklingsomkostninger</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Øvrige lovpligtige og vedtægtsmæssige reserver</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Reserve for udlån og sikkerhedsstillelse</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Ikke-indbetalt kapital</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Dagsværdireserve valuta</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Dagsværdireserve sikring</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Overført resultat</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">Foreslået udbytte</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">I alt</th></tr><tr><td>Perioden 1. januar - 31. december</td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td><td style="text-align: right;"></td></tr><tr><td>Saldo primo</td><td style="text-align: right;">125.000</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">-43.917.793</td><td style="text-align: right;">0</td><td style="text-align: right;">-43.792.793</td></tr><tr><td>Årets resultat</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">-746.429</td><td style="text-align: right;">0</td><td style="text-align: right;">-746.429</td></tr><tr><td>Egenkapital ultimo</td><td style="text-align: right;">125.000</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">0</td><td style="text-align: right;">-44.664.222</td><td style="text-align: right;">0</td><td style="text-align: right;">-44.539.222</td></tr></tbody></table> Virksomhedskapitalen er sammensat af aktier/anparter á DKK 1.000 eller multipla heraf. <table xmlns="http://www.w3.org/1999/xhtml" style="border: 0pt none;width: 650px; border-collapse: collapse;"><tbody><tr><th style="border: 0pt none; width: 55%;"> </th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">2024</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">2023</th></tr><tr><td>Wages and salaries</td><td style="text-align: right;">255.892</td><td style="text-align: right;">4.576.591</td></tr><tr><td>Pensions</td><td style="text-align: right;">0</td><td style="text-align: right;">152.964</td></tr><tr><td>Other social security costs</td><td style="text-align: right;">1.188</td><td style="text-align: right;">34.968</td></tr><tr><td>Other staff costs</td><td style="text-align: right;">102.173</td><td style="text-align: right;">790.745</td></tr><tr><td>Total staff costs</td><td style="text-align: right;">359.253</td><td style="text-align: right;">5.555.268</td></tr><tr><td>Average number of full-time employees 1 (last year 5). </tr></td></tbody></table> 5555268 359253 -221172 321020 <table xmlns="http://www.w3.org/1999/xhtml" style="border: 0pt none;width: 650px; border-collapse: collapse;"><tbody><tr><th style="border: 0pt none; width: 55%;"> </th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">2024</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">2023</th></tr><tr><td>Interest expenses, group enterprises</td><td style="text-align: right;">1.254</td><td style="text-align: right;">1.330.717</td></tr><tr><td>Other interest expenses</td><td style="text-align: right;">857.085</td><td style="text-align: right;">2.623.653</td></tr><tr><td>Total financial expenses</td><td style="text-align: right;">858.339</td><td style="text-align: right;">3.954.370</td></tr></tbody></table> 3954370 858339 <table xmlns="http://www.w3.org/1999/xhtml" style="border: 0pt none;width: 650px; border-collapse: collapse;"><tbody><tr><th style="border: 0pt none; width: 55%;"> </th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">2024</th><th style="border: 0pt none; font-weight:bold; width:15%; text-align: right;">2023</th></tr><tr><td>Interest income, group enterprises</td><td style="text-align: right;">1.244</td><td style="text-align: right;">335.715</td></tr><tr><td>Other financial income</td><td style="text-align: right;">159.613</td><td style="text-align: right;">0</td></tr><tr><td>Total financial income</td><td style="text-align: right;">160.857</td><td style="text-align: right;">335.715</td></tr></tbody></table> 335715 160857 43983463 48736209 40869749 45802265 5 1 2739275 2658380 43983463 48736209 No obligation exists as of 31 December 2024. None. The company has incurred a net loss of DKK 746K in 2024 and the company’s liabilities exceeds it assets by DKK 44,539K as of 31 December 2024. As mentioned above, the equity has partially been reestablished after the debt forgiveness, as additional necessary capital is added to the company to ensure a solvent liquidation in the latter half of 2025. 2025-07-03 Principal activities In common with previous years, the company's principal activities has been to provide services within marketing and advertising. Development in activities and financial affairs The company has continued its normal business activities. No isolated events during the financial year are material enough to require disclosure in the management's review. Developments and results for the year are considered unsatisfactory. The company has incurred a net loss of DKK 746K in 2024 and the company’s liabilities exceeds it assets by DKK 44,539K as of 31 December 2024. Despite completed debt forgiveness, the company is covered by capital loss rules, since it has been decided to liquidate the company, further debt forgiveness will be carried out in 2025 in connection with the board of directors meeting to carry out a solvent liquidation of the company in the latter half of 2025. Events after the end of the financial year No events have occurred after the end of the financial year which would materially affect the company's conditions. Expected development The company is expected to the liquidated as a solvent liquidation in 2025. The parent company Vice Europe Holding Limited guarantees that the liquidation can be carried out solvent. The Board of Directors and the Executive Board today considered and approved the annual report of VICE ApS for the period 1. januar 2024 - 31. december 2024. The annual report was 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 as at 31. december 2024, and of its financial performance for the financial year 1. januar 2024 - 31. december 2024. In our opinion, the management's review gives a true and fair view of the matters dealt with in the review. We recommend that the annual report be adopted by the annual general meeting. København K, 3. juli 2025 Executive Board: Bruce Dixon Board of Directors: Bruce Dixon Mathieu Vincent Henri-Francois Pouletty Chairman 2025-07-03 -43792793 -44539222 125000 125000 -43917793 -44664222 190670 4196987 31278082 15663 10714 -51480116 -48947 -55098770 -746429 10714 0 Søborg Årsrapport VICE ApS 2023-01-01 2023-12-31 2025-07-03 14649905 Dansk Revision Søborg Generatorvej 8D 2860 Søborg Bruce Dixon mne51488 Ali Saadi Ali Al-Badri 14649905 14649905 Dansk Revision Søborg Dansk Revision Søborg Statsautoriseret revisor Bruce Dixon Bruce Dixon Mathieu Vincent Henri-Francois Pouletty Revisionspåtegning