The Board of Directors and executive board have today discussed and approved the annual report of VILA A/S for the financial year 1 August 2022 - 31 July 2023.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 July 2023 and of the results of the company's operations for the financial year 1 August 2022 - 31 July 2023.In our opinion, management's review includes a fair review of the matters dealt with in the management's review.Management recommends that the annual report should be approved by the company in general meeting.Finn PoulsenDirectorAnders Holch PovlsenchairmanFinn PoulsenThomas Børglum JensenTo the shareholder of VILA A/SOpinionIn our opinion, the Financial Statements give a true and fair view of the financial position of the Company at 31 July 2023, and of the results of the Company’s operations for the financial year 1 August 2022 - 31 July 2023 in accordance with the Danish Financial Statements Act. We have audited the Financial Statements of VILA A/S for the financial year 1 August 2022 - 31 July 2023, which comprise income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies (financial statements).Basis for OpinionWe 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.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, in our view, 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 in Management’s Review.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.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 skepticism 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.Aarhus2023-11-03PricewaterhouseCoopersClaus Lyngsø SørensenState Authorised Public Accountantmne34539Jeppe BrændstrupState Authorised Public Accountantmne48564Seen over a 5-year period, the development of the Company may be described by means of the following financial highlights: For definitions, see accounting policies. 98200000088700000010090000001740000001270000001990000001000000004400000011400000081000000-3600000042000000-82000000-200000013578141-38170Profit/loss before taxProfit/loss before taxProfit/loss before taxProfit/loss before taxProfit/loss before tax118000000-4700000014600000072400000076400000072900000027800000050900000049400000012.916.817.714.119.7Gross profit ratioGross profit ratioGross profit ratioGross profit ratioGross profit ratio49.110.1511.3EBIT marginEBIT marginEBIT marginEBIT marginEBIT margin70.748.138.466.667.8Solvency ratioSolvency ratioSolvency ratioSolvency ratioSolvency ratioBusiness activities The Company's activities are to develop and sell fashion wear. The Company primarily sells its goods in Europe.Business review The company's income statement for the year ended 31 July 2023 shows a profit of TDKK 122.972, and the balance sheet at 31 July 2023 shows equity of TDKK 466.377. The result of the year is higher than expected, which primarily is due to weaker USD and CNY during the financial year.Expected development of the company, including specific prerequisites and uncertainties The expectations for 2023/24 is to deliver a result between mDKK 75-125 with medium to high single digit sales growth. The increase in operating costs due to the macroeconomic environment, is expected to continue through the coming financial year, which will challenge our profitability.The company's knowledge resources if of particular importance to its future earnings In management's assessment, the Company is not exposed to particular risks apart from those generally occurring in this line of business.Statutory report on corporate responsibility The company is a part of BESTSELLER-Group and is therefore included in the strategy and policies on corporate social responsibility adopted by the parent company BESTSELLER A/S, CVR-nr. 88216512. Please see the 2022/23 annual report for BESTSELLER A/S for the report on the BESTSELLER-Groups strategy and policies on corporate social responsibility, including actions and results achieved in the financial year.Statutory report on the underrepresented gender VILA A/S is subject to the rules on target figures and policies for the gender composition of management. The 2024 target figure for the representation of women in the board of directors of VILA A/S is 25%. Today, the board of directors of VILA A/S consists of 3 men. The target has not yet been reached, as a present change in the composition of the board of directors has not been considered appropriate, taking the qualifications and experience of potential candidates into consideration. At the other management levels in VILA A/S, there is an equal gender composition. Statutory report on data ethics The parent company BESTSELLER A/S has drawn up a Data Ethics Policy which also applies for VILA A/S. The policy is rendered in the 2022/23 annual report for BESTSELLER A/S (cvr no.: 88216512).The annual report of VILA A/S for 2022/23 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to large enterprises of reporting class C . The accounting policies applied are consistent with those of last year. Pursuant to sections §86 subsection 4, of the Danish Financial Statements Act, the company has not prepared a statement of cash flow. Pursuant to sections §96 subsection 3, of the Danish Financial Statements Act, the company has not specified fees to the auditors appointed at the annual general meeting.Pursuant to sections §112, of the Danish Financial Statements Act, the company has not prepared consolidated financial statements.Income is recognised in the income statement as earned, including value adjustments of financial assets and liabilities. All costs, 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.Newly acquired or newly established subsidiaries are recognised in the consolidated financial statement from the date of acquisition or the date of establishment respectively. When subsidiaries are sold or liquidated, they cease to be recognised in the consolidated financial statement at the time of transfer or time of liquidation and earnings or losses at the time of sale or liquidation are recognised in the profit and loss account. The comparative figures are not adjusted for acquisitions or disposals. Gains and losses on the disposal of subsidiaries are calculated as the difference between the sales amount and the carrying amount of net assets at the date of disposal including any non-amortised goodwill and anticipated disposal costs. Acquisitions of enterprises are accounted for using the consolidation method, according to which the identifiable assets and liabilities acquired are measured at their fair value at the date of acquisition. Costs for restructuring recognised in the acquired entity before the date of acquisition and not an agreed part of the acquisition are part of the acquisition balance sheet and hence the calculation of goodwill. Costs relating to restructuring decided by the acquiring entity must be recognised in the income statement. The tax effect of the restatement of assets and liabilities is considered. Any excess of the cost over the fair value of the identifiable assets and liabilities acquired (goodwill) is recognised as intangible assets and amortised on a systematic basis in the income statement based on an individual assessment of the useful life of the asset. Any excess of the fair values of the identifiable assets and liabilities acquired over the cost of the acquisition (badwill), representing an anticipated adverse development in the acquired enterprises is recognised in the income statement at the date of acquisition when the general revenue recognition criteria are met. Goodwill and negative goodwill (badwill) from acquired enterprises can be adjusted until 12 months after the acquisition. Recognition and measurement of intra-group business combinations The uniting of interests method is applied to business combinations such as acquisition and disposal of investments, mergers, demergers, additions of assets and share conversions, etc. in which entities controlled by the parent company are involved, provided the combination is considered final at the time of acquisition with restatement of comparative figures. Differences between the agreed consideration and the carrying amount of the acquired entity are recognised in equity.Income from the sale of goods for resale and finished goods is recognised in the income statement, provided that the transfer of risk, usually on delivery to the buyer, has taken place and that the income can be measured reliably and is expected to be received. Revenue is measured at fair value of the agreed consideration excluding VAT and taxes charged on behalf of third parties. Revenue is net of all types of discounts granted.Cost of sales comprises costs incurred in generating the revenue for the year. Cost of sales includes provisions for loss on returned goods.Other operating income comprises items of a secondary nature relative to the company's activities, including gains on the sale of equipment.Other external costs comprise costs for distribution, marketing and administration, including office costs, 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.Amortisation and depreciation comprise the year's amortisation and depreciation of property, plant and equipment.Financial income and costs comprises interest income and expenses, realized and unrealized gains and losses on securities, payables and transactions denominated in foreign currencies, amortisation of financial assets and liabilities as well as surcharges and refunds under the on-account tax scheme.The proportionate share of the profit/loss for the year of subsidiaries is recognised in the company's income statement after full elimination of intra-group profits/losses. The proportionate share of the profit/loss for the year of associates is recognised in the company's income statement after elimination of the proportionate share of intra-group profits/gains.The company is subject to the Danish rules on compulsory joint taxation of the Group's Danish subsidiaries. Subsidiaries participate in the joint taxation arrangement from the time when they are included in the consolidated financial statements and until the time when they withdraw from the consolidation. On payment of joint taxation contributions, the current Danish income tax is allocated between the jointly taxed entities in proportion to their taxable income. Entities with tax losses receive joint taxation contributions from entities that have been able to use tax losses to reduce their own taxable profits. 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.Property, plant and equipment are measured at cost less accumulated depreciation and impairment losses. Cost comprises the purchase price and any costs directly attributable to the acquisition until the date when the asset is available for use. Interests are not included in the cost. Where individual components of an item of property, plant and equipment have different useful lives, they are accounted for as separate items, which are depreciated separately. Cost comprises the purchase price and any costs directly attributable to the acquisition until the date when the asset is available for use. The cost of self-constructed assets comprises direct and indirect costs of materials, components, sub-suppliers and wages. Non-current assets are depreciated on a straight-line basis, based on cost and on the following continually estimated useful lives: Useful life Leasehold improvements 5-10 years The basis of depreciation is based on the residual value of the asset at the end of its useful life. The depreciation period and the residual value are determined at the time of acquisition and are reassessed every year. Where the residual value exceeds the carrying amount of the asset, no further depreciation charges are recognised. Gains or losses from the disposal of property, plant and equipment are recognised in the income statement as other operating income or other operating costs, respectively.Investments in subsidiaries and associates are measured at the proportionate share of the net asset value of the entities, calculated on the basis of the group's accounting policies, plus or less unrealised intra-group gains or losses and plus or less any remaining value of positive or negative goodwill stated according to the purchase method.The carrying amount of property, plant and equipment and investments in subsidiaries is tested for impairment, other than what is reflected through normal amortisation and depreciation, on an annual basis. Where there is evidence of impairment, an impairment test is performed for each individual asset or group of assets, respectively. If it is not possible to determine the recoverable amount for individual assets, the assets are reviewed jointly in the smallest identifiable group of assets to determine a reliable recoverable amount.Inventories are measured at cost using the FIFO method. Where the net realisable value is lower than the cost, inventories are recognised at this lower value. The cost of inventories comprises of the purchase price plus delivery costs. The net realisable value of inventories is calculated as the selling price less costs incurred to effect the sale. The net realisable value is determined taking into account marketability, obsolescence and expected selling price movements.Receivables are measured at amortised cost. An impairment loss is recognised if there is objective evidence that a receivable or a group of receivables is impaired. If there is objective evidence that an individual receivable is impaired, an impairment loss for that individual asset is recognised.Prepayments recognised under 'Current assets' comprises expenses incurred concerning subsequent financial years.Cash at hand and in bank comprise cash at hand and in bank.Reserve for net revaluation according to the equity method The reserve for net revaluation according to the equity method in the company's financial statements comprises net revaluation of investments in subsidiaries relative to the cost. Dividends Proposed dividends are disclosed as a separate item under equity. Dividends are recognised as a liability when declared by the annual general meeting of shareholders.Provisions are measured at net realizable value or fair value. If the obligation is expected to be settled far into the future the obligation is measured at fair value. Provisions comprise anticipated costs for losses on returned goods, obligations concerning leases and other contractual liabilities. Provisions are recognized when the Company has a legal or constructive obligation at the balance sheet date and there is a probability of an outflow of resources required to settle the obligation. In connection with corporate acquisitions, provisions for restructuring of the acquired entity are included in the calculation of the cost of acquisition and accordingly in goodwill or in goodwill on consolidation, provided that they have been adopted and published no later than at the date of acquisition.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. Adjustment is made to deferred tax resulting from elimination of unrealised intra-group profits and losses. 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.On initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Foreign exchange differences arising between the exchange rates at the transaction date and at the date of payment are recognised in the income statement as financial income or financial costs. If foreign currency transactions are considered cash flow hedges, the value adjustments are taken directly to equity. Receivables and payables and other monetary items denominated in foreign currencies are translated at the exchange rates at the balance sheet date. The difference between the exchange rates at the balance sheet date and the date at which the receivable or payable arose or was recognised in the latest financial statements is recognised in the income statement as financial income or financial costs. Fixed assets acquired in foreign currencies are translated at the exchange rate at the transaction date. Foreign subsidiaries are considered separate entities. The income statements are translated at the average exchange rates for the month, and the balance sheet items are translated at the exchange rates at the balance sheet date. Foreign exchange differences arising on translation of such entities opening equity at closing rate and on translation of the income statements from the exchange rates at the transaction date to closing rate are taken directly to equity. Foreign exchange adjustments of balances with separate entities which are considered part of the investment in the subsidiary are taken directly to the fair value reserve under 'Equity'. Correspondingly, foreign exchange gains and losses on loans and derivative financial instruments entered into to hedge net investments in such entities are taken directly to equity.1367334000126506700023470000241760001138125000101526200076031000624620001766480002115190001221630009673900030000390005445500011474100025925000264370005519400005831000114400060850006383300013532000078489000123480001144700012297200067042000110004000011000400002017670002096470005543300002572000002096470002572110002096870002641660003899930002641660003899930001560003340001368520001154300004000181000206000198000117600017000138394000116160000032150004025600005093680006597710007190550006300000630000046007700033932000046637700034562000029783000517640001247490002941690001070300096890002812200017776000370003700019339400037343500019339400037343500065977100071905500063000003393200000-22150001229720006300000460077000Revenue 1.367.334 1.265.067 Total revenue 1.367.334 1.265.067 Denmark 77.969 65.669 Rest of Europe 1.289.365 1.199.398 Total revenue 1.367.334 1.265.0671058430008417400094490007168000184800018260005023000357100012216300096739000214184According to section 98 B(3) of the Danish Financial Statements Act, renumeration to the executive board has not been disclosed.1386000330004445000111100058310001144000333000088850002755000549480006085000638330001191800011457000-800020000438000-3000012297200067042000122200012220001181000300001211000110001662840001662840001662840001662840004336300029956000-24540007270002592500026437000-31351000-137570003548300043363000201767000209647000Name Registered office Ownership interest VILA Belgium BVBA Antwerp, Belgium 100 VILA Benelux B.V. Amstelveen, Netherlands 100 - VILA Stores B.V. Amstelveen, Netherlands 100 VILA Clothes AG Glattbrugg, Switzerland 100 VILA Clothes Handels GmbH Wienna, Austria 100 VILA Clothes Ltd. Dublin, Ireland 100 VILA Clothes Ltd. London, United Kingdom 100 VILA Finland Oy Espoo, Finland 100 VILA France SaS Paris, France 100 VILA Italy S.R.L. Castel San Pietro Terme, Italy 100 VILA Norge AS Oslo, Norway 100 VILA Spain S.L.U. Torremolinos, Spain 100 VILA Stores A/S Skanderborg, Denmark 100 VILA Sweden AB Solna, Sweden 100 VILA Wholesale A/S Skanderborg, Denmark 100VILA Belgium BVBAAntwerp, Belgium100VILA Benelux B.V.Amstelveen, Netherlands100- VILA Stores B.V.Amstelveen, Netherlands100VILA Clothes AGGlattbrugg, Switzerland100VILA Clothes Handels GmbHWienna, Austria100VILA Clothes Ltd.Dublin, Ireland100VILA Clothes Ltd.London, United Kingdom100VILA Finland OyEspoo, Finland100VILA France SaSParis, France100VILA Italy S.R.L.Castel San Pietro Terme, Italy100VILA Norge ASOslo, Norway100VILA Spain S.L.U.Torremolinos, Spain100VILA Stores A/SSkanderborg, Denmark100VILA Sweden ABSolna, Sweden100VILA Wholesale A/SSkanderborg, Denmark100179988000179988000179988000179988000-179988000-1799880002390000551940000-124555000-179988000554330000BESTSELLER Stores Germany GmbHHamburg, Germany36Prepayments comprise prepaid costs regarding rent, subscriptions, travel and staff events.The share capital consists of 6.300 shares of a nominal value of TDKK 1.000. No shares carry any special rights.63001000Provision for deferred tax at 1 August 2022 198 218 Applied for the year 8 -20 Provision for deferred tax at 31 July 2023 206 198 Deferred tax asset Calculated tax asset 206 198 Carrying amount 206 198 No events materially affecting the financial position have occurred after the balance sheet date.Operating lease liabilities. Total future lease payments: Within 1 year 3.882 3.198 Between 1 and 5 years 3.667 4.000 7.549 7.198Other contingent liabilities The Parent company is part in a number of pending disputes that are not deemed to have any material effect on coming financial years. Contingent liabilities towards the parent company and group entities The Company participates in a Danish joint taxation arrangement with HEARTLAND A/S serving as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Company is therefore secondarily liable for income taxes etc for the jointly taxed entities as well as to the withholding of tax on interest, royalties and dividends 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.The company is owned 100% by BESTSELLER A/S, Fredskovvej 5, 7330 BrandeSale of goods to subsidiaries - DKK 826.319k Sale of services to subsidiaries - DKK 27.867k Purchase of goods and services from subsidiaries - DKK 8.105k Sale of goods to other related parties - DKK 554.176k Sale of services to other related parties - DKK 6.077k Purchase of goods and services from other related parties - DKK 23.769k Interest income from other related parties - DKK 1.386k Interest expense to other related parties - DKK 3.330k Received dividend - DKK 31.351k Receivables from group companies - DKK 114.000k Receivables from other related parties - DKK 22.852k Payables to other related parties - DKK 124.750kÅrsrapport67756819VILA A/SStilling Kirkevej 10, Stilling8660 Skanderborg2022-08-012023-07-312021-08-012022-07-3167756819VILA A/SStilling Kirkevej10, Stilling8660SkanderborgDKDanmark1982-02-15SkanderborgPricewaterhouseCoopers33771231Claus Lyngsø SørensenState Authorised Public AccountantJens Chr. Skous Vej18000Aarhus CDKDanmark2023-11-03Thomas Børglum JensenRegnskabsklasse C, stor virksomhedRevisionspåtegningCaseWare-FSRfalsefalsefalsefalseGross profit ratio Gross profit x 100Revenue EBIT margin Profit/loss before financials x 100Revenue Solvency ratio Equity at year-end x100Total assets at year-end 677568192022-08-012023-07-31677568192022-08-012023-07-311677568192022-08-012023-07-312677568192021-08-012022-07-31677568192022-08-012023-07-31d:TwoYearsAgoMember677568192023-07-31d:TwoYearsAgoMember677568192022-08-012023-07-31d:ThreeYearsAgoMember677568192023-07-31d:ThreeYearsAgoMember677568192022-08-012023-07-31d:FourYearsAgoMember677568192023-07-31d:FourYearsAgoMember677568192022-08-012023-07-31g:RetainedEarningsMember677568192021-08-012022-07-31g:RetainedEarningsMember677568192022-07-31677568192023-07-31677568192022-08-01g:InvestmentsInGroupEnterprisesMember677568192021-08-01g:InvestmentsInGroupEnterprisesMember677568192022-08-012023-07-31g:InvestmentsInGroupEnterprisesMember677568192021-08-012022-07-31g:InvestmentsInGroupEnterprisesMember677568192023-07-31g:InvestmentsInGroupEnterprisesMember677568192022-07-31g:InvestmentsInGroupEnterprisesMember677568192022-08-01g:InvestmentsInAssociatesMember677568192022-08-012023-07-31g:InvestmentsInAssociatesMember677568192023-07-31g:InvestmentsInAssociatesMember677568192021-08-01g:InvestmentsInAssociatesMember677568192021-08-012022-07-31g:InvestmentsInAssociatesMember677568192022-07-31g:InvestmentsInAssociatesMember677568192022-08-012023-07-311677568192022-08-012023-07-312677568192022-08-012023-07-313677568192022-08-012023-07-311677568192022-08-01g:ContributedCapitalMember677568192022-08-012023-07-31g:ContributedCapitalMember677568192023-07-31g:ContributedCapitalMember677568192022-08-01g:RetainedEarningsMember677568192022-08-012023-07-31g:RetainedEarningsMember677568192023-07-31g:RetainedEarningsMember677568192022-08-01g:LeaseholdImprovementsMember677568192022-08-012023-07-31g:LeaseholdImprovementsMember677568192023-07-31g:LeaseholdImprovementsMember677568192023-07-311677568192022-08-012023-07-31g:SubsidiaryMember1677568192023-07-31g:SubsidiaryMember1677568192022-08-012023-07-314677568192022-08-012023-07-314d:PreviousYearMember677568192022-08-012023-07-314d:TwoYearsAgoMember677568192022-08-012023-07-314d:ThreeYearsAgoMember677568192022-08-012023-07-314d:FourYearsAgoMember677568192022-08-012023-07-3116677568192022-08-012023-07-3116d:PreviousYearMember677568192022-08-012023-07-3116d:TwoYearsAgoMember677568192022-08-012023-07-3116d:ThreeYearsAgoMember677568192022-08-012023-07-3116d:FourYearsAgoMember677568192022-08-012023-07-3117677568192022-08-012023-07-3117d:PreviousYearMember677568192022-08-012023-07-3117d:TwoYearsAgoMember677568192022-08-012023-07-3117d:ThreeYearsAgoMember677568192022-08-012023-07-3117d:FourYearsAgoMember677568192022-08-012023-07-3118677568192022-08-012023-07-3118d:PreviousYearMember677568192022-08-012023-07-3118d:TwoYearsAgoMember677568192022-08-012023-07-3118d:ThreeYearsAgoMember677568192022-08-012023-07-3118d:FourYearsAgoMember677568192022-08-012023-07-31g:AssociateMember1677568192023-07-31g:AssociateMember1677568192022-08-012023-07-31g:SubsidiaryMember2677568192022-08-012023-07-31g:SubsidiaryMember3677568192022-08-012023-07-31g:SubsidiaryMember4677568192022-08-012023-07-31g:SubsidiaryMember5677568192022-08-012023-07-31g:SubsidiaryMember6677568192022-08-012023-07-31g:SubsidiaryMember7677568192022-08-012023-07-31g:SubsidiaryMember8677568192022-08-012023-07-31g:SubsidiaryMember9677568192022-08-012023-07-31g:SubsidiaryMember10677568192022-08-012023-07-31g:SubsidiaryMember11677568192022-08-012023-07-31g:SubsidiaryMember12677568192022-08-012023-07-31g:SubsidiaryMember13677568192022-08-012023-07-31g:SubsidiaryMember14677568192022-08-012023-07-31g:SubsidiaryMember15677568192023-07-31g:SubsidiaryMember2677568192023-07-31g:SubsidiaryMember3677568192023-07-31g:SubsidiaryMember4677568192023-07-31g:SubsidiaryMember5677568192023-07-31g:SubsidiaryMember6677568192023-07-31g:SubsidiaryMember7677568192023-07-31g:SubsidiaryMember8677568192023-07-31g:SubsidiaryMember9677568192023-07-31g:SubsidiaryMember10677568192023-07-31g:SubsidiaryMember11677568192023-07-31g:SubsidiaryMember12677568192023-07-31g:SubsidiaryMember13677568192023-07-31g:SubsidiaryMember14677568192023-07-31g:SubsidiaryMember15xbrli:sharesxbrli:pureiso4217:DKK