44770032 2025-01-01 2025-12-31 44770032 2025-01-01 2025-12-31 2 44770032 2025-01-01 2025-12-31 memberOfBoardIdentifier_executive_board_1 44770032 2025-01-01 2025-12-31 1 44770032 2024-01-01 2024-12-31 44770032 2025-12-31 44770032 2024-12-31 44770032 2025-01-01 fsa:ContributedCapitalMember 44770032 2025-01-01 fsa:RetainedEarningsMember 44770032 2025-01-01 44770032 2025-01-01 2025-12-31 fsa:ContributedCapitalMember 44770032 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 44770032 2025-12-31 fsa:ContributedCapitalMember 44770032 2025-12-31 fsa:RetainedEarningsMember iso4217:DKK pure Årsrapport 33771231 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab Strandvejen 44 2900 Hellerup 2025-01-01 2024-01-01 2025-12-31 2024-12-31 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab 33771231 Regnskabsklasse B Revisionspåtegning true 2026-07-31 Vera Peixoto The Executive Board has today considered and adopted the Annual Report of Samlino.dk Tele ApS for the financial year 1 January - 31 December 2025. The Annual Report is prepared in accordance with the Danish Financial Statements Act. In my opinion the Financial Statements give a true and fair view of the financial position at 31 December 2025 of the Company and of the results of the Company operations for 2025. I recommend that the Annual Report be adopted at the Annual General Meeting. København K 2026-07-31 Vera Machado Da Cruz Saraiva Peixoto CEO To the shareholder of Samlino.dk Tele ApS Opinion In our opinion, the Financial Statements give a true and fair view of the financial position of the Company at 31 December 2025 and of the results of the Company’s operations for the financial year 1 January - 31 December 2025 in accordance with the Danish Financial Statements Act.We have audited the Financial Statements of Samlino.dk Tele ApS for the financial year 1 January - 31 December 2025, which comprise income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies (”the Financial Statements”). Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the ”Auditor’s responsibilities for the audit of the Financial Statements” section of our report. We are independent of the Company in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. We draw attention to Note 1 Going Concern in the Financial Statements, which states that the Company'sability to continue as a going concern is dependent on the Parent Company honoring the issued letter of intent.As the received letter of intent does not constitute a judicially binding guarantee, this indicatesthat a material uncertainty exists that may cast significant doubt on the Company's ability to continue as agoing concern.Our opinion is not modified in respect of this matter. 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 judgement and maintain professional scepticism throughout the audit. We also:Identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control.Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management.Conclude on the appropriateness of Management’s use of the going concern basis of accounting in preparing the Financial Statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Financial Statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.Evaluate the overall presentation, structure and contents of the Financial Statements, including the disclosures, and whether the Financial Statements represent the underlying transactions and events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Hellerup 2026-07-31 PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab 33771231 Søren Alexander Pawel Christof Michalak State Authorised Public Accountant State Authorised Public Accountant mne42824 mne48479 Samlino.dk Tele ApS Sølvgade 10,1.th 1307 København K 44770032 Copenhagen Strandvejen 44 2900 Hellerup -2344846 67362 1806709 1100798 -4151555 -1033436 43024 1651 -4194579 -1035087 0 0 -4194579 -1035087 -4194579 -1035087 83879 23950 172965 176162 22902 0 279746 200112 8053 0 287799 200112 287799 200112 40000 40000 -5229666 -1035087 -5189666 -995087 0 3052 235068 17778 5134429 1108842 37968 65527 70000 0 5477465 1195199 5477465 1195199 287799 200112 40000 -1035087 -995087 0 -4194579 -4194579 40000 -5229666 -5189666 The Company has realised a loss in 2025 of DKK 4.2 million. Furthermore, at 31 December 2025 the Company has negative equity of DKK 5.2 million and is thereby subject to the capital loss rules of section 119 of the Danish Companies Act. Management expects to reestablish the equity through future positive earnings and capital contributions. However, for 2026, the Company is still expected to realise a loss. Therefore, the Company has received a letter of intent from the Parent Company, Samlino Group A/S, in which the Parent Company confirms its intent to support the Company with necessary loans and capital contributions to continue the planned operations of the Company. Furthermore, the Parent Company has confirmed that intercompany loans are subordinated in favour of other creditors of the Company. The letter of intent is valid until the Annual Report for 2026 is published.On this basis, Management has prepared the Financial Statements on a going concern basis, however, as the letter of intent does not constitute a judicially binding guarantee from the Parent Company, there is a material uncertainty linked to this matter which may cast significant doubt on the Company’s ability to continue as a going concern. The purpose of the Company is to provide online comparison platforms. 1654042 943735 152667 157063 1806709 1100798 2 1 25082 0 16739 1604 1203 47 43024 1651 Other contingent liabilitiesThe group companies are jointly and severally liable for tax on the jointly taxed incomes etc of the Group. Moreover, the group companies are jointly and severally liable for Danish withholding taxes by way of dividend tax, tax on royalty payments and tax on unearned income. Any subsequent adjustments of corporation taxes and withholding taxes may increase the Company's liability. Consolidated Financial StatementsThe Company is included in the Group Annual Report of the Parent Company of the largest and smallest group:Samlino Group A/SKøbenhavn K The consolidated report of the parent company can be obtained through "Det Centrale Virksomhedsregister" - on the following website: www.cvr.dk. The Annual Report of Samlino.dk Tele ApS for 2025 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B as well as selected rules applying to reporting class C.The accounting policies applied remain unchanged from last year.The Financial Statements for 2025 are presented in DKK. Recognition and measurementThe Financial Statements have been prepared under the historical cost method.Revenues are recognised in the income statement as earned. Furthermore, value adjustments of financial assets and liabilities measured at fair value or amortised cost are recognised. Moreover, all expenses incurred to achieve the earnings for the year are recognised in the income statement, including depreciation, amortisation, impairment losses and provisions as well as reversals due to changed accounting estimates of amounts that have previously been recognised in the income statement.Assets are recognised in the balance sheet when it is probable that future economic benefits attributable to the asset will flow to the Company, and the value of the asset can be measured reliably.Liabilities are recognised in the balance sheet when it is probable that future economic benefits will flow out of the Company, and the value of the liability can be measured reliably.Assets and liabilities are initially measured at cost. Subsequently, assets and liabilities are measured as described for each item below. Translation policiesDanish kroner is used as the presentation currency. All other currencies are regarded as foreign currencies.Transactions in foreign currencies are translated at the exchange rates at the dates of transaction. Gains and losses arising due to differences between the transaction date rates and the rates at the dates of payment are recognised in financial income and expenses in the income statement.Receivables, payables and other monetary items in foreign currencies that have not been settled at the balance sheet date are translated at the exchange rates at the balance sheet date. Any differences between the exchange rates at the balance sheet date and the rates at the time when the receivable or the debt arose are recognised in financial income and expenses in the income statement. RevenueRevenue is recognised when control of the goods or services is transferred to the customer and it is probable that the economic benefits will flow to the Company. For comparison platforms, revenue is typically recognised when a qualified lead is delivered or when a referred customer completes a transaction, depending on contractual terms.Revenue is measured at the fair value of the consideration received or receivable, excluding VAT and discounts. Other external expensesOther external expenses comprises selling costs and administrative expenses. Gross profit/lossWith reference to section 32 of the Danish Financial Statements Act, gross profit/loss is calculated as a summary of revenue and other external expenses. 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. Financial income and expenses comprise interest, financial expenses in respect realised and unrealised exchange adjustments. Tax on profit/loss for the yearTax for the year consists of current tax for the year and changes in deferred tax for the year. The tax attributable to the profit for the year is recognised in the income statement, whereas the tax attributable to equity transactions is recognised directly in equity.The Company is jointly taxed with Danish subsidiaries. The tax effect of the joint taxation is allocated to enterprises in proportion to their taxable incomes. Receivables are measured in the balance sheet at the lower of amortised cost and net realisable value, which corresponds to nominal value less provisions for bad debts. PrepaymentsPrepayments comprise prepaid expenses concerning rent, insurance premiums, subscriptions and interest. Deferred tax assets and liabilitiesDeferred income tax is measured using the balance sheet liability method in respect of temporary differences arising between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes on the basis of the intended use of the asset and settlement of the liability, respectively.Deferred tax assets, including the tax base of tax loss carry-forwards, are measured at the value at which the asset is expected to be realised, either by elimination in tax on future earnings or by set-off against deferred tax liabilities within the same legal tax entity.Deferred tax is measured on the basis of the tax rules and tax rates that will be effective under the legislation at the balance sheet date when the deferred tax is expected to crystallise as current tax. Any changes in deferred tax due to changes to tax rates are recognised in the income statement or in equity if the deferred tax relates to items recognised in equity. Current tax receivables and liabilitiesCurrent tax liabilities and receivables are recognised in the balance sheet as the expected taxable income for the year adjusted for tax on taxable incomes for prior years and tax paid on account. Extra payments and repayment under the on-account taxation scheme are recognised in the income statement in financial income and expenses. Debts are measured at amortised cost, substantially corresponding to nominal value. Deferred incomeDeferred income comprises payments received in respect of income in subsequent years.