<?xml version="1.0" encoding="UTF-8" standalone="no"?>
<xbrli:xbrl xmlns:xbrli="http://www.xbrl.org/2003/instance"
            xmlns="http://www.w3.org/1999/xhtml"
            xmlns:arr="http://xbrl.dcca.dk/arr"
            xmlns:ERR="http://xbrl.customerdomain.com/2025-12-31"
            xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2022-02-16"
            xmlns:cmn="http://xbrl.dcca.dk/cmn"
            xmlns:sob="http://xbrl.dcca.dk/sob"
            xmlns:link="http://www.xbrl.org/2003/linkbase"
            xmlns:ifrs-full="https://xbrl.ifrs.org/taxonomy/2024-03-27/ifrs-full"
            xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
            xmlns:ix="http://www.xbrl.org/2013/inlineXBRL"
            xmlns:fsa="http://xbrl.dcca.dk/fsa"
            xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
            xmlns:gsd="http://xbrl.dcca.dk/gsd"
            xmlns:xlink="http://www.w3.org/1999/xlink"
            xml:lang="en">
   <link:schemaRef xlink:href="http://xbrl.customerdomain.com/2025-12-31/36941227-2025-12-31.xsd"
                   xlink:type="simple"/>
   <xbrli:context id="ctx-4">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2025-01-01</xbrli:startDate>
         <xbrli:endDate>2025-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-5">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2024-01-01</xbrli:startDate>
         <xbrli:endDate>2024-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-6">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2025-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-7">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2024-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-8">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2023-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-11">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2023-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-14">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2023-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-9">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2024-01-01</xbrli:startDate>
         <xbrli:endDate>2024-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-12">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2024-01-01</xbrli:startDate>
         <xbrli:endDate>2024-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-10">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2024-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-13">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2024-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-15">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2025-01-01</xbrli:startDate>
         <xbrli:endDate>2025-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-17">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2025-01-01</xbrli:startDate>
         <xbrli:endDate>2025-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-16">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2025-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:IssuedCapitalMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx-18">
      <xbrli:entity>
         <xbrli:identifier scheme="http://www.dcca.dk/cvr">36941227</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:instant>2025-12-31</xbrli:instant>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
         <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:unit id="dkk">
      <xbrli:measure>iso4217:DKK</xbrli:measure>
   </xbrli:unit>
   <ERR:OtherExternalExpenses contextRef="ctx-4"
                              decimals="-3"
                              id="f0__s2__3__5"
                              unitRef="dkk">588000</ERR:OtherExternalExpenses>
   <ERR:OtherExternalExpenses contextRef="ctx-5"
                              decimals="-3"
                              id="f0__s2__4__5"
                              unitRef="dkk">841000</ERR:OtherExternalExpenses>
   <ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx-4"
                                                decimals="-3"
                                                id="f0__s2__3__6"
                                                unitRef="dkk">-588000</ifrs-full:ProfitLossFromOperatingActivities>
   <ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx-5"
                                                decimals="-3"
                                                id="f0__s2__4__6"
                                                unitRef="dkk">-841000</ifrs-full:ProfitLossFromOperatingActivities>
   <ERR:ShareOfProfitLossOfSubsidiaries contextRef="ctx-4"
                                        decimals="-3"
                                        id="f0__s2__3__7"
                                        unitRef="dkk">-36024000</ERR:ShareOfProfitLossOfSubsidiaries>
   <ERR:ShareOfProfitLossOfSubsidiaries contextRef="ctx-5"
                                        decimals="-3"
                                        id="f0__s2__4__7"
                                        unitRef="dkk">16376000</ERR:ShareOfProfitLossOfSubsidiaries>
   <ERR:ProfitLossFromOperatingActivitiesAfterShareOfProfitLossOfSubsidiaries contextRef="ctx-4"
                                                                              decimals="-3"
                                                                              id="f0__s2__3__8"
                                                                              unitRef="dkk">-36612000</ERR:ProfitLossFromOperatingActivitiesAfterShareOfProfitLossOfSubsidiaries>
   <ERR:ProfitLossFromOperatingActivitiesAfterShareOfProfitLossOfSubsidiaries contextRef="ctx-5"
                                                                              decimals="-3"
                                                                              id="f0__s2__4__8"
                                                                              unitRef="dkk">15535000</ERR:ProfitLossFromOperatingActivitiesAfterShareOfProfitLossOfSubsidiaries>
   <ifrs-full:FinanceCosts contextRef="ctx-4"
                           decimals="-3"
                           id="f0__s2__3__9"
                           unitRef="dkk">635645000</ifrs-full:FinanceCosts>
   <ifrs-full:FinanceCosts contextRef="ctx-5"
                           decimals="-3"
                           id="f0__s2__4__9"
                           unitRef="dkk">514380000</ifrs-full:FinanceCosts>
   <ifrs-full:ProfitLossBeforeTax contextRef="ctx-4"
                                  decimals="-3"
                                  id="f0__s2__3__10"
                                  unitRef="dkk">-672257000</ifrs-full:ProfitLossBeforeTax>
   <ifrs-full:ProfitLossBeforeTax contextRef="ctx-5"
                                  decimals="-3"
                                  id="f0__s2__4__10"
                                  unitRef="dkk">-498845000</ifrs-full:ProfitLossBeforeTax>
   <ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="ctx-4"
                                                   decimals="-3"
                                                   id="f0__s2__3__11"
                                                   unitRef="dkk">64443000</ifrs-full:IncomeTaxExpenseContinuingOperations>
   <ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="ctx-5"
                                                   decimals="INF"
                                                   id="f0__s2__4__11"
                                                   unitRef="dkk">0</ifrs-full:IncomeTaxExpenseContinuingOperations>
   <ifrs-full:ProfitLoss contextRef="ctx-4"
                         decimals="-3"
                         id="f0__s2__3__12"
                         unitRef="dkk">-736700000</ifrs-full:ProfitLoss>
   <ifrs-full:ProfitLoss contextRef="ctx-5"
                         decimals="-3"
                         id="f0__s2__4__12"
                         unitRef="dkk">-498845000</ifrs-full:ProfitLoss>
   <ifrs-full:ProfitLoss contextRef="ctx-4"
                         decimals="-3"
                         id="f0__s3__3__5"
                         unitRef="dkk">-736700000</ifrs-full:ProfitLoss>
   <ifrs-full:ProfitLoss contextRef="ctx-5"
                         decimals="-3"
                         id="f0__s3__4__5"
                         unitRef="dkk">-498845000</ifrs-full:ProfitLoss>
   <ERR:ShareOfOtherComprehensiveIncomeOfSubsidiariesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax contextRef="ctx-4"
                                                                                                                               decimals="-3"
                                                                                                                               id="f0__s3__3__6"
                                                                                                                               unitRef="dkk">-28588000</ERR:ShareOfOtherComprehensiveIncomeOfSubsidiariesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax>
   <ERR:ShareOfOtherComprehensiveIncomeOfSubsidiariesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax contextRef="ctx-5"
                                                                                                                               decimals="-3"
                                                                                                                               id="f0__s3__4__6"
                                                                                                                               unitRef="dkk">-16790000</ERR:ShareOfOtherComprehensiveIncomeOfSubsidiariesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax>
   <ifrs-full:ComprehensiveIncome contextRef="ctx-4"
                                  decimals="-3"
                                  id="f0__s3__3__7"
                                  unitRef="dkk">-765288000</ifrs-full:ComprehensiveIncome>
   <ifrs-full:ComprehensiveIncome contextRef="ctx-5"
                                  decimals="-3"
                                  id="f0__s3__4__7"
                                  unitRef="dkk">-515635000</ifrs-full:ComprehensiveIncome>
   <ifrs-full:InvestmentsInSubsidiaries contextRef="ctx-6"
                                        decimals="-3"
                                        id="f0__s4__3__5"
                                        unitRef="dkk">2799782000</ifrs-full:InvestmentsInSubsidiaries>
   <ifrs-full:InvestmentsInSubsidiaries contextRef="ctx-7"
                                        decimals="-3"
                                        id="f0__s4__4__5"
                                        unitRef="dkk">2932684000</ifrs-full:InvestmentsInSubsidiaries>
   <ifrs-full:NoncurrentAssets contextRef="ctx-6"
                               decimals="-3"
                               id="f0__s4__3__6"
                               unitRef="dkk">2799782000</ifrs-full:NoncurrentAssets>
   <ifrs-full:NoncurrentAssets contextRef="ctx-7"
                               decimals="-3"
                               id="f0__s4__4__6"
                               unitRef="dkk">2932684000</ifrs-full:NoncurrentAssets>
   <ifrs-full:CashAndCashEquivalents contextRef="ctx-6"
                                     decimals="-3"
                                     id="f0__s4__3__9"
                                     unitRef="dkk">1979000</ifrs-full:CashAndCashEquivalents>
   <ifrs-full:CashAndCashEquivalents contextRef="ctx-7"
                                     decimals="-3"
                                     id="f0__s4__4__9"
                                     unitRef="dkk">5000</ifrs-full:CashAndCashEquivalents>
   <ifrs-full:CurrentAssets contextRef="ctx-6"
                            decimals="-3"
                            id="f0__s4__3__10"
                            unitRef="dkk">1979000</ifrs-full:CurrentAssets>
   <ifrs-full:CurrentAssets contextRef="ctx-7"
                            decimals="-3"
                            id="f0__s4__4__10"
                            unitRef="dkk">5000</ifrs-full:CurrentAssets>
   <ifrs-full:Assets contextRef="ctx-6"
                     decimals="-3"
                     id="f0__s4__3__14"
                     unitRef="dkk">2801761000</ifrs-full:Assets>
   <ifrs-full:Assets contextRef="ctx-7"
                     decimals="-3"
                     id="f0__s4__4__14"
                     unitRef="dkk">2932689000</ifrs-full:Assets>
   <ifrs-full:IssuedCapital contextRef="ctx-6"
                            decimals="-3"
                            id="f0__s4__3__17"
                            unitRef="dkk">300000</ifrs-full:IssuedCapital>
   <ifrs-full:IssuedCapital contextRef="ctx-7"
                            decimals="-3"
                            id="f0__s4__4__17"
                            unitRef="dkk">300000</ifrs-full:IssuedCapital>
   <ifrs-full:RetainedEarnings contextRef="ctx-6"
                               decimals="-3"
                               id="f0__s4__3__18"
                               unitRef="dkk">-3280269000</ifrs-full:RetainedEarnings>
   <ifrs-full:RetainedEarnings contextRef="ctx-7"
                               decimals="-3"
                               id="f0__s4__4__18"
                               unitRef="dkk">-2518691000</ifrs-full:RetainedEarnings>
   <ifrs-full:Equity contextRef="ctx-6"
                     decimals="-3"
                     id="f0__s4__3__19"
                     unitRef="dkk">-3279969000</ifrs-full:Equity>
   <ifrs-full:Equity contextRef="ctx-7"
                     decimals="-3"
                     id="f0__s4__4__19"
                     unitRef="dkk">-2518391000</ifrs-full:Equity>
   <ERR:CurrentLoansFromRelatedParties contextRef="ctx-6"
                                       decimals="-3"
                                       id="f0__s4__3__22"
                                       unitRef="dkk">6012851000</ERR:CurrentLoansFromRelatedParties>
   <ERR:CurrentLoansFromRelatedParties contextRef="ctx-7"
                                       decimals="-3"
                                       id="f0__s4__4__22"
                                       unitRef="dkk">5446627000</ERR:CurrentLoansFromRelatedParties>
   <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers contextRef="ctx-6"
                                                           decimals="-3"
                                                           id="f0__s4__3__23"
                                                           unitRef="dkk">100000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
   <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers contextRef="ctx-7"
                                                           decimals="-3"
                                                           id="f0__s4__4__23"
                                                           unitRef="dkk">100000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
   <ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties contextRef="ctx-6"
                                                           decimals="-3"
                                                           id="f0__s4__3__24"
                                                           unitRef="dkk">1072000</ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties>
   <ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties contextRef="ctx-7"
                                                           decimals="-3"
                                                           id="f0__s4__4__24"
                                                           unitRef="dkk">4353000</ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties>
   <ifrs-full:OtherCurrentPayables contextRef="ctx-6"
                                   decimals="-3"
                                   id="f0__s4__3__25"
                                   unitRef="dkk">67707000</ifrs-full:OtherCurrentPayables>
   <ifrs-full:OtherCurrentPayables contextRef="ctx-7"
                                   decimals="INF"
                                   id="f0__s4__4__25"
                                   unitRef="dkk">0</ifrs-full:OtherCurrentPayables>
   <ifrs-full:CurrentLiabilities contextRef="ctx-6"
                                 decimals="-3"
                                 id="f0__s4__3__26"
                                 unitRef="dkk">6081730000</ifrs-full:CurrentLiabilities>
   <ifrs-full:CurrentLiabilities contextRef="ctx-7"
                                 decimals="-3"
                                 id="f0__s4__4__26"
                                 unitRef="dkk">5451080000</ifrs-full:CurrentLiabilities>
   <ifrs-full:Liabilities contextRef="ctx-6"
                          decimals="-3"
                          id="f0__s4__3__29"
                          unitRef="dkk">6081730000</ifrs-full:Liabilities>
   <ifrs-full:Liabilities contextRef="ctx-7"
                          decimals="-3"
                          id="f0__s4__4__29"
                          unitRef="dkk">5451080000</ifrs-full:Liabilities>
   <ifrs-full:EquityAndLiabilities contextRef="ctx-6"
                                   decimals="-3"
                                   id="f0__s4__3__32"
                                   unitRef="dkk">2801761000</ifrs-full:EquityAndLiabilities>
   <ifrs-full:EquityAndLiabilities contextRef="ctx-7"
                                   decimals="-3"
                                   id="f0__s4__4__32"
                                   unitRef="dkk">2932689000</ifrs-full:EquityAndLiabilities>
   <ifrs-full:Equity contextRef="ctx-8"
                     decimals="-3"
                     id="f0__s5__3__5"
                     unitRef="dkk">300000</ifrs-full:Equity>
   <ifrs-full:Equity contextRef="ctx-11"
                     decimals="-3"
                     id="f0__s5__4__5"
                     unitRef="dkk">-2014186000</ifrs-full:Equity>
   <ifrs-full:Equity contextRef="ctx-14"
                     decimals="-3"
                     id="f0__s5__5__5"
                     unitRef="dkk">-2013886000</ifrs-full:Equity>
   <ifrs-full:ProfitLoss contextRef="ctx-9"
                         decimals="INF"
                         id="f0__s5__3__6"
                         unitRef="dkk">0</ifrs-full:ProfitLoss>
   <ifrs-full:ProfitLoss contextRef="ctx-12"
                         decimals="-3"
                         id="f0__s5__4__6"
                         unitRef="dkk">-498845000</ifrs-full:ProfitLoss>
   <ifrs-full:ProfitLoss contextRef="ctx-5"
                         decimals="-3"
                         id="f0__s5__5__6"
                         unitRef="dkk">-498845000</ifrs-full:ProfitLoss>
   <ifrs-full:OtherComprehensiveIncome contextRef="ctx-9"
                                       decimals="INF"
                                       id="f0__s5__3__7"
                                       unitRef="dkk">0</ifrs-full:OtherComprehensiveIncome>
   <ifrs-full:OtherComprehensiveIncome contextRef="ctx-12"
                                       decimals="-3"
                                       id="f0__s5__4__7"
                                       unitRef="dkk">-16790000</ifrs-full:OtherComprehensiveIncome>
   <ifrs-full:OtherComprehensiveIncome contextRef="ctx-5"
                                       decimals="-3"
                                       id="f0__s5__5__7"
                                       unitRef="dkk">-16790000</ifrs-full:OtherComprehensiveIncome>
   <ifrs-full:ComprehensiveIncome contextRef="ctx-9"
                                  decimals="INF"
                                  id="f0__s5__3__8"
                                  unitRef="dkk">0</ifrs-full:ComprehensiveIncome>
   <ifrs-full:ComprehensiveIncome contextRef="ctx-12"
                                  decimals="-3"
                                  id="f0__s5__4__8"
                                  unitRef="dkk">-515632000</ifrs-full:ComprehensiveIncome>
   <ifrs-full:ComprehensiveIncome contextRef="ctx-5"
                                  decimals="-3"
                                  id="f0__s5__5__8"
                                  unitRef="dkk">-515635000</ifrs-full:ComprehensiveIncome>
   <ifrs-full:IssueOfEquity contextRef="ctx-9"
                            decimals="INF"
                            id="f0__s5__3__9"
                            unitRef="dkk">0</ifrs-full:IssueOfEquity>
   <ifrs-full:IssueOfEquity contextRef="ctx-12"
                            decimals="INF"
                            id="f0__s5__4__9"
                            unitRef="dkk">0</ifrs-full:IssueOfEquity>
   <ifrs-full:IssueOfEquity contextRef="ctx-5"
                            decimals="INF"
                            id="f0__s5__5__9"
                            unitRef="dkk">0</ifrs-full:IssueOfEquity>
   <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions contextRef="ctx-9"
                                                                   decimals="INF"
                                                                   id="f0__s5__3__10"
                                                                   unitRef="dkk">0</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
   <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions contextRef="ctx-12"
                                                                   decimals="-3"
                                                                   id="f0__s5__4__10"
                                                                   unitRef="dkk">11130000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
   <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions contextRef="ctx-5"
                                                                   decimals="-3"
                                                                   id="f0__s5__5__10"
                                                                   unitRef="dkk">11130000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
   <ifrs-full:Equity contextRef="ctx-10"
                     decimals="-3"
                     id="f0__s5__3__11"
                     unitRef="dkk">300000</ifrs-full:Equity>
   <ifrs-full:Equity contextRef="ctx-13"
                     decimals="-3"
                     id="f0__s5__4__11"
                     unitRef="dkk">-2518691000</ifrs-full:Equity>
   <ifrs-full:Equity contextRef="ctx-7"
                     decimals="-3"
                     id="f0__s5__5__11"
                     unitRef="dkk">-2518391000</ifrs-full:Equity>
   <ifrs-full:ProfitLoss contextRef="ctx-15"
                         decimals="INF"
                         id="f0__s5__3__17"
                         unitRef="dkk">0</ifrs-full:ProfitLoss>
   <ifrs-full:ProfitLoss contextRef="ctx-17"
                         decimals="-3"
                         id="f0__s5__4__17"
                         unitRef="dkk">-736700000</ifrs-full:ProfitLoss>
   <ifrs-full:ProfitLoss contextRef="ctx-4"
                         decimals="-3"
                         id="f0__s5__5__17"
                         unitRef="dkk">-736700000</ifrs-full:ProfitLoss>
   <ifrs-full:OtherComprehensiveIncome contextRef="ctx-15"
                                       decimals="INF"
                                       id="f0__s5__3__18"
                                       unitRef="dkk">0</ifrs-full:OtherComprehensiveIncome>
   <ifrs-full:OtherComprehensiveIncome contextRef="ctx-17"
                                       decimals="-3"
                                       id="f0__s5__4__18"
                                       unitRef="dkk">-28588000</ifrs-full:OtherComprehensiveIncome>
   <ifrs-full:OtherComprehensiveIncome contextRef="ctx-4"
                                       decimals="-3"
                                       id="f0__s5__5__18"
                                       unitRef="dkk">-28588000</ifrs-full:OtherComprehensiveIncome>
   <ifrs-full:ComprehensiveIncome contextRef="ctx-15"
                                  decimals="INF"
                                  id="f0__s5__3__19"
                                  unitRef="dkk">0</ifrs-full:ComprehensiveIncome>
   <ifrs-full:ComprehensiveIncome contextRef="ctx-17"
                                  decimals="-3"
                                  id="f0__s5__4__19"
                                  unitRef="dkk">-765288000</ifrs-full:ComprehensiveIncome>
   <ifrs-full:ComprehensiveIncome contextRef="ctx-4"
                                  decimals="-3"
                                  id="f0__s5__5__19"
                                  unitRef="dkk">-765288000</ifrs-full:ComprehensiveIncome>
   <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions contextRef="ctx-15"
                                                                   decimals="INF"
                                                                   id="f0__s5__3__20"
                                                                   unitRef="dkk">0</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
   <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions contextRef="ctx-17"
                                                                   decimals="-3"
                                                                   id="f0__s5__4__20"
                                                                   unitRef="dkk">3710000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
   <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions contextRef="ctx-4"
                                                                   decimals="-3"
                                                                   id="f0__s5__5__20"
                                                                   unitRef="dkk">3710000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
   <ifrs-full:Equity contextRef="ctx-16"
                     decimals="-3"
                     id="f0__s5__3__21"
                     unitRef="dkk">300000</ifrs-full:Equity>
   <ifrs-full:Equity contextRef="ctx-18"
                     decimals="-3"
                     id="f0__s5__4__21"
                     unitRef="dkk">-3280269000</ifrs-full:Equity>
   <ifrs-full:Equity contextRef="ctx-6"
                     decimals="-3"
                     id="f0__s5__5__21"
                     unitRef="dkk">-3279969000</ifrs-full:Equity>
   <ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx-4"
                                                decimals="-3"
                                                id="f0__s6__3__5"
                                                unitRef="dkk">-588000</ifrs-full:ProfitLossFromOperatingActivities>
   <ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx-5"
                                                decimals="-3"
                                                id="f0__s6__4__5"
                                                unitRef="dkk">-841000</ifrs-full:ProfitLossFromOperatingActivities>
   <ifrs-full:IncreaseDecreaseInWorkingCapital contextRef="ctx-4"
                                               decimals="-3"
                                               id="f0__s6__3__6"
                                               unitRef="dkk">3281000</ifrs-full:IncreaseDecreaseInWorkingCapital>
   <ifrs-full:IncreaseDecreaseInWorkingCapital contextRef="ctx-5"
                                               decimals="-3"
                                               id="f0__s6__4__6"
                                               unitRef="dkk">-1008000</ifrs-full:IncreaseDecreaseInWorkingCapital>
   <ifrs-full:CashFlowsFromUsedInOperations contextRef="ctx-4"
                                            decimals="-3"
                                            id="f0__s6__3__7"
                                            unitRef="dkk">-3869000</ifrs-full:CashFlowsFromUsedInOperations>
   <ifrs-full:CashFlowsFromUsedInOperations contextRef="ctx-5"
                                            decimals="-3"
                                            id="f0__s6__4__7"
                                            unitRef="dkk">167000</ifrs-full:CashFlowsFromUsedInOperations>
   <ifrs-full:FinanceCostsPaidClassifiedAsOperatingActivities contextRef="ctx-4"
                                                              decimals="-3"
                                                              id="f0__s6__3__8"
                                                              unitRef="dkk">145000</ifrs-full:FinanceCostsPaidClassifiedAsOperatingActivities>
   <ifrs-full:FinanceCostsPaidClassifiedAsOperatingActivities contextRef="ctx-5"
                                                              decimals="-3"
                                                              id="f0__s6__4__8"
                                                              unitRef="dkk">169000</ifrs-full:FinanceCostsPaidClassifiedAsOperatingActivities>
   <ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities contextRef="ctx-4"
                                                                   decimals="-3"
                                                                   id="f0__s6__3__9"
                                                                   unitRef="dkk">66012000</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
   <ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities contextRef="ctx-5"
                                                                   decimals="INF"
                                                                   id="f0__s6__4__9"
                                                                   unitRef="dkk">0</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
   <ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="ctx-4"
                                                     decimals="-3"
                                                     id="f0__s6__3__10"
                                                     unitRef="dkk">-70026000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
   <ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="ctx-5"
                                                     decimals="-3"
                                                     id="f0__s6__4__10"
                                                     unitRef="dkk">-2000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
   <ERR:CapitalIncreaseInSubsidiariesClassifiedAsInvestingActivities contextRef="ctx-4"
                                                                     decimals="INF"
                                                                     id="f0__s6__3__13"
                                                                     unitRef="dkk">0</ERR:CapitalIncreaseInSubsidiariesClassifiedAsInvestingActivities>
   <ERR:CapitalIncreaseInSubsidiariesClassifiedAsInvestingActivities contextRef="ctx-5"
                                                                     decimals="INF"
                                                                     id="f0__s6__4__13"
                                                                     unitRef="dkk">0</ERR:CapitalIncreaseInSubsidiariesClassifiedAsInvestingActivities>
   <ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="ctx-4"
                                                     decimals="INF"
                                                     id="f0__s6__3__14"
                                                     unitRef="dkk">0</ifrs-full:CashFlowsFromUsedInInvestingActivities>
   <ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="ctx-5"
                                                     decimals="INF"
                                                     id="f0__s6__4__14"
                                                     unitRef="dkk">0</ifrs-full:CashFlowsFromUsedInInvestingActivities>
   <ERR:DividendsReceivedClassifiedAsFinancingActivities contextRef="ctx-4"
                                                         decimals="-3"
                                                         id="f0__s6__3__17"
                                                         unitRef="dkk">72000000</ERR:DividendsReceivedClassifiedAsFinancingActivities>
   <ERR:DividendsReceivedClassifiedAsFinancingActivities contextRef="ctx-5"
                                                         decimals="INF"
                                                         id="f0__s6__4__17"
                                                         unitRef="dkk">0</ERR:DividendsReceivedClassifiedAsFinancingActivities>
   <ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="ctx-4"
                                                     decimals="-3"
                                                     id="f0__s6__3__18"
                                                     unitRef="dkk">72000000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
   <ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="ctx-5"
                                                     decimals="INF"
                                                     id="f0__s6__4__18"
                                                     unitRef="dkk">0</ifrs-full:CashFlowsFromUsedInFinancingActivities>
   <ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges contextRef="ctx-4"
                                                                                        decimals="-3"
                                                                                        id="f0__s6__3__21"
                                                                                        unitRef="dkk">1974000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges>
   <ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges contextRef="ctx-5"
                                                                                        decimals="-3"
                                                                                        id="f0__s6__4__21"
                                                                                        unitRef="dkk">-2000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges>
   <ifrs-full:CashAndCashEquivalents contextRef="ctx-7"
                                     decimals="-3"
                                     id="f0__s6__3__22"
                                     unitRef="dkk">5000</ifrs-full:CashAndCashEquivalents>
   <ifrs-full:CashAndCashEquivalents contextRef="ctx-14"
                                     decimals="-3"
                                     id="f0__s6__4__22"
                                     unitRef="dkk">7000</ifrs-full:CashAndCashEquivalents>
   <ifrs-full:CashAndCashEquivalents contextRef="ctx-6"
                                     decimals="-3"
                                     id="f0__s6__3__23"
                                     unitRef="dkk">1979000</ifrs-full:CashAndCashEquivalents>
   <ifrs-full:CashAndCashEquivalents contextRef="ctx-7"
                                     decimals="-3"
                                     id="f0__s6__4__23"
                                     unitRef="dkk">5000</ifrs-full:CashAndCashEquivalents>
</xbrli:xbrl>
