xbrli:pureiso4217:DKK395041542021-01-012021-12-31395041542021-01-012021-12-311395041542020-01-012020-12-31395041542021-01-012021-12-31fsa:RetainedEarningsMember395041542020-01-012020-12-31fsa:RetainedEarningsMember395041542021-01-012021-12-31fsa:ContributedCapitalMember395041542021-01-012021-12-31fsa:RetainedEarningsMember395041542021-12-31395041542020-12-31395041542021-01-01fsa:ContributedCapitalMember395041542021-12-31fsa:ContributedCapitalMember395041542021-01-01fsa:RetainedEarningsMember395041542021-12-31fsa:RetainedEarningsMember395041542021-01-01Annual reportNo audit assistancefalseReporting class BfalsefalsefalseAIP CIV KOMPLEMENTAR APSRosenborggade1 B1130København K395041542018-04-18Copenhagen2021-01-012021-12-312020-01-012020-12-312022-06-27Klaus RisagerKasper HansenAIP CIV KOMPLEMENTAR APSRosenborggade 1 B1130 København K39504154The Executive Board have today considered and approved the Annual Report of AIP CIV Komplementar<br/>ApS for the financial year 1 January 2021 – 31 December 2021.<br/><br/>In my opinion, the financial statements give a true and fair view of assets, liabilities and financial<br/>position at 31 December 2021 of the Company and of the results of the Company’s operations for<br/>2021.<br/>In my opinion, the Management review includes a true and fair account of the matter addressed<br/>in the review.<br/>I recommend that the annual report be adopted at the Annual General Meeting.The Annual Report is prepared in accordance with the Danish Financial Statements Act. The company<br/>complies with the exemption provisions governing the omission to have its Financial Statements<br/>audited.Copenhagen2022-06-27Primary activities<br/>The Company’s main activity is to act as general partner for AIP CIV K/S, AIP CIV 2 K/S, AIP II<br/>CIV 1 K/S, AIP II CIV 2 K/S, AIP II CIV 3 K/S and AIP II CIV 4 K/S.<br/>Development in activities and finances<br/>The income statement of the Company for 2021 shows a profit of DKK 9,100, and at 31 December<br/>2021 the balance sheet of the Company shows equity of DKK 76,510. The development in the financial<br/>year’s activities is as expected.The Annual Report of AIP CIV Komplementar ApS for 2021 has been prepared in accordance with<br/>the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B.<br/>The accounting policies applied remain unchanged from last year.<br/>The Financial Statements for 2021 are presented in DKK.<br/>Recognition and measurement<br/>Revenues are recognised in the income statement as earned. Furthermore, value adjustments of<br/>financial assets and liabilities measured at fair value or amortised cost are recognised. Moreover,<br/>all expenses incurred to achieve the earnings for the year are recognised in the income statement<br/>including depreciation, amortisation, impairment losses and provisions as well as reversals due to<br/>changed accounting estimates of amounts that have previously been recognised in the income<br/>statement.<br/>Assets are recognised in the balance sheet when it is probable that future economic benefits attributable<br/>to the asset will flow to the Company, and the value of the asset can be measured reliably.<br/>Liabilities are recognised in the balance sheet when it is probable that future economic benefits<br/>will flow out of the Company, and the value of the liability can be measured reliably.<br/>Assets and liabilities are initially measured at cost. Subsequently, assets and liabilities are measured<br/>as described for each item below.<br/>Translation policies<br/>Transactions in foreign currencies are translated at the exchange rates at the dates of transaction.<br/>Exchange differences arising due to differences between the transaction date rates and the rates<br/>at the dates of payment are recognised in financial income and expenses in the income statement.<br/>Receivables, payables and other monetary items in foreign currencies that have not been settled<br/>at the balance sheet date are translated at the exchange rates at the balance sheet date. Any differences<br/>between the exchange rates at the balance sheet date and the rates at the time when<br/>the receivable or the debt arose are recognised in financial income and expenses in the income<br/>statement.<br/>Fixed assets acquired in foreign currencies are measured at the transaction date rates.Revenue<br/>Revenue from the management fee is recognised in the income statement in according with the<br/>management agreement.<br/>Other external expenses<br/>Other external expenses comprise expenses for administration expenses, etc.<br/>Gross profit/loss<br/>With reference to section 32 of the Danish Financial Statements Act, gross profit/loss is calculated<br/>as a summary of revenue and other external expenses.<br/>Other financial expenses<br/>Financial expenses are recognised in the income statement at the amounts relating to the financial<br/>year and in addition to interest.<br/>Tax on profit/loss for the year<br/>Tax for the year consists of current tax for the year and changes in deferred tax for the year. The<br/>tax attributable to the profit for the year is recognised in the income statement, whereas the tax<br/>attributable to equity transactions is recognised directly in equity.Cash<br/>Cash comprises cash in bank deposits.<br/>Current tax receivables and liabilities<br/>Current tax liabilities and receivables are recognized in the balance sheet as the expected taxable<br/>income for the year adjusted for tax on taxable incomes for prior years and tax paid on account.<br/>Extra payments and repayment under the on-account taxation scheme are recognised in the income<br/>statement in financial income and expenses.<br/>Financial debts<br/>Debts are measured at amortised cost, substantially corresponding to nominal value.1306327251139712371166626014256657239100202919100202910910085397737328539773732853977373250000500002651017410765106741050000500001741026510674106322599256557238887632288876322853977373200Current tax for the year 2.566 5.723<br/>Total Tax on profit/loss for the year 2.566 5.723No changes in the share capital have been made since the foundation.Contingent assets, liabilities, and other financial obligations<br/>The Danish group companies are jointly and severally liable for tax on the jointly taxed incomes<br/>etc. of the Group. The total amount of corporation tax payable is disclosed in the Annual Report of<br/>Daem Holding ApS, which is the management company of the joint taxation purposes.