45048128 2024-09-02 2025-12-31 45048128 2024-09-02 2025-12-31 0 45048128 2025-12-31 iso4217:DKK xbrli:pure Regnskabsklasse B Årsrapport 28309791 REVISION SJÆLLAND GODKENDT REVISIONSAKTIESELSKAB xWizard version 1.1.1534.0, by EasyX Aps. www.easyx.eu Andre erklæringer uden sikkerhed Havnegade 39 1058 København K 2024-09-02 2025-12-31 2026-07-14 Lynsey Ann Blair Chairman of the meeting Lynsey Ann Blair MANAGEMENT'S STATEMENT   Today the Executive Board has discussed and approved the Annual Report of Development Denmark 03 ApS for the   period 2. September 2024 - 31. December 2025.   The Annual Report has been prepared in conformity with the Financial Statements Act.   The unaudited Annual Report has been prepared in conformity with the Financial Statements Act. The Executive   Board considers the conditions for not performing an audit to have been met.   In my opinion, the financial statements give a true and fair view of the Company's assets, equity, liabilities and   financial position at 31. December 2025 and of its financial performance for the period 2. September 2024 - 31.   December 2025.   In my opinion the Management commentary includes a fair review of the matters described.   We recommend that the Annual Report be approved by the Annual General Meeting.   Copenhagen 2026-07-14 AUDITORS' COMPILATION REPORT ON FINANCIAL STATEMENTS To Management of Development Denmark 03 ApS We have compiled these financial statements of Development Denmark 03 ApS for the period 2. September 2024 - 31.   December 2025 based on the bookkeeping records of the Company and other information provided by you.   The financial statements include accounting policies, income statement, balance sheet and notes.   We have performed the compilation in accordance with ISRS 4410, Compilation Engagements.   We have applied our professional expertise to assist you in preparing and presenting the financial statements in   conformity with the Danish Financial Statements Act. We have observed the relevant provisions of the Danish Act on   Approved Auditors and Audit Firms and the Code of Ethics for Professional Accountants issued by FSR - Danish   Auditors, including the principles of integrity, objectivity, professional competence and due care.   The financial statements and the accuracy and completeness of the information used to compile the financial   statements are your responsibility.   As a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or   completeness of the information you provided to us for use in the compilation of these financial statements.   Accordingly, we do not express an audit opinion or a review conclusion on whether the financial statements have been   prepared in conformity with the Danish Financial Statements Act.   Vanløse 2026-07-14 Revision Sjælland Godkendt Revisionsaktieselskab 28309791 Nikolaj Kjeldgaard Jørgensen Statsautoriseret Revisor mne51052 Development Denmark 03 ApS Havnegade 39 1058 København K 45048128 2024-09-02 Revision Sjælland Godkendt Revisionsaktieselskab Jyllingevej 59, 1. sal 2720 Vanløse MANAGEMENT COMMENTARY Main activities of the Company   The object of the Company is to own and let real property and to enter into agreements regarding the subletting thereof.   Development in the activities and the financial situation of the Company   The Company has continued its operations. No significant one-off events occurred in the financial year that need to be   included in the management commentary.   The performance and results for the year are considered unsatisfactory.   Material events after the reporting date   No events have occurred after the reporting date that may materially affect the financial position of the company.   ACCOUNTING POLICIES GENERAL INFORMATION The financial statements of Development Denmark 03 ApS for the financial year 2024/25 have been prepared in conformity with the provisions of the Financial Statements Act on class B enterprises. The current year is the first financial period of the Company, for which reason no comparative figures are disclosed in the income statement, balance sheet and notes. The accounting policies applied in the financial statements are in the currency, Danish kroner. Recognition and measurement in general The financial statements have been prepared under the historical cost convention. Income is recognised in the income statement when earned. Value adjustments of financial assets and liabilities measured at fair value or amortised cost are also recognised in the income statement. Costs incurred to generate the earnings for the year are also recognised in the income statement, including amortisation, depreciation, impairment losses and provisions as well as reversals resulting from changed accounting estimates of amounts previously recognised in the income statement. Assets are recognised in the balance sheet when it is probable that future financial benefits will flow to the Company and it is possible to obtain a reliable measurement of the individual assets. Liabilities are recognised in the balance sheet when it is probable that future financial benefits will flow from the Company and it is possible to obtain a reliable measurement of the individual liabilities. On initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each item. The functional currency used is Danish kroner. All other currencies are considered foreign currencies. INCOME STATEMENT   Gross profit   Gross profit is a combination of the items of Revenue, Cost of sales and Other external costs.   Revenue   Revenue includes rental income and is recognised in the income statement when rent is earned according to existing   leases.   Other operating income and expenses   Other operating income and expenses comprise items relating to activities secondary to the activities of the enterprise,   including profit and loss from the disposal of property, plant and equipment.   Cost of sales   Cost of sales includes the cost of goods purchased less discounts.   Other external expenses   Other external expenses include costs for administration etc.   Financial income and expenses   Financial income and expenses are recognised in the income statement based on the amounts which relate to the   financial year. Financial income and expenses include interest revenue and expenses.   Tax on net profit for the year   Tax for the year comprises current tax and changes in deferred tax. The share attributable to the profit or loss for the   year is recognised in the income statement, and the share attributable directly to equity is recognised directly in equity.   The Company is assessed for Danish tax purposes jointly with domestic Group enterprises. Foreign subsidiaries are not   covered by the joint taxation scheme.   BALANCE SHEET   Receivables   Receivables are measured at amortised cost, which normally corresponds to the nominal value. The value is reduced by   an allowance for expected impairment losses.   Impairment of accounts receivable past due is established on individual assessment of receivables.   Cash and cash equivalents   Cash and cash equivalents include deposits in banks with bank accounts.   Corporate income tax and deferred tax   Current tax liabilities and current tax receivable are recognised in the balance sheet as calculated 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 using the balance-sheet liability method on temporary differences arising between the   carrying amount of assets and liabilities in the financial statements and the corresponding tax bases. In cases where the   tax base can be determined under alternative taxation rules, such as in relation to shares, deferred tax is measured on   the basis of the intended use of the asset or settlement of the liability.   Deferred tax assets, including the tax base of tax losses allowed for carryforward, are measured at their anticipated net   realisable value, either by elimination in tax on future earnings or by offsetting against deferred tax liabilities within   the same legal tax entity. Any deferred net tax assets are measured at their net realisable values.   Deferred tax is measured based on the tax rules and tax rates applicable when the deferred tax is expected to crystallise   as current tax according to the legislation in force at the reporting date. Any change in deferred tax as a result of   changes in the tax rates is recognised in the income statement.   Payable and receivable joint taxation contributions are recognised in the balance sheet as Receivable joint taxation   contribution or Payable joint taxation contribution.   Payables   Other payables, comprising trade payables and amounts owed to Group enterprises and other accounts payable, are   measured at amortised cost, which normally corresponds to the nominal value.   -471950 -471917 -51924 -419993 -419993 -419993 118987 51924 121961 292872 292872 292872 80000 -419993 -339993 157396 475469 0 632865 632865 292872 OTES 2024/25   1 Number of people employed   Number of persons employed on average ...........................................................................   0 0 2 Contractual obligations and contingent items, etc.   The Company is assessed for tax purposes jointly with other domestic enterprises of the Regus Management   Group. As the Company and the other companies participating in joint taxation are fully, jointly and severally   liable for Danish corporate income taxes and withholding taxes on dividends, interests and royalties payable by   the jointly taxed companies.   Reference is made to the financial statements of Regus Management ApS, the management company of the   Danish joint taxation arrangement, for information regarding corporate income taxes and withholding taxes   relating to the jointly taxed companies.   The company is jointly tax registered with other Regus companies and is therefore jointly liable for VAT   settlement.