xbrli:pureiso4217:DKK333848072023-01-012023-12-31333848072023-01-012023-12-311333848072023-01-012023-12-311333848072023-01-012023-12-311333848072023-01-012023-12-312333848072023-01-012023-12-31333848072022-01-012022-12-31333848072023-01-012023-12-31fsa:RetainedEarningsMember333848072023-12-31333848072022-12-31333848072023-01-01fsa:ContributedCapitalMember333848072023-01-01fsa:RetainedEarningsMember333848072023-01-01333848072023-12-31fsa:ContributedCapitalMember333848072023-12-31fsa:RetainedEarningsMember2024-02-072024-02-07true2022-01-012022-12-3133963556København S23006WeidekampsgadeDeloitte Statsautoriseret RevisionspartnerselskabCopenhagenCopenhagen2300Regnskabsklasse BAndre erklæringer uden sikkerhed2023-12-312023-01-01<br /><br />76NjalsgadeMultiverse ApS33384807339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapportThe Board of Directors and the Executive Board have today considered and approved the annual report of Multiverse ApS for the financial year 01.01.2023 - 31.12.2023.The annual report is presented in accordance with the Danish Financial Statements Act.In our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2023 and of the results of its operations for the financial year 01.01.2023 - 31.12.2023.We believe that the management commentary contains a fair review of the affairs and conditions referred to therein.We consider the preconditions for not auditing the financial statements for the financial year 01.01.2023 - 31.12.2023 to be complied with.We recommend the annual report for adoption at the Annual General Meeting.CopenhagenMichal BendtsenJakob SillesenMichal BendtsenTo Management of Multiverse ApSWe have compiled the financial statements of Multiverse ApS for the financial year 01.01.2023 - 31.12.2023 based on the Entity’s bookkeeping records and other information Management has provided. ​ ​These financial statements comprise the income statement, balance sheet, statement of changes in equity, notes and a summary of significant accounting policies. ​ ​We performed this compilation engagement in accordance with ISRS 4410, Compilation Engagements. ​ ​We have applied our expertise in accounting and financial reporting to assist Management in the preparation ​and presentation of these financial statements in accordance with the Danish Financial Statements Act. We have complied with relevant provisions of the Danish Public Accountants Act and the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code), including principles of integrity, objectivity, professional competence and due care. These financial statements and the accuracy and completeness of the information used to compile the financial ​statements are Management’s responsibility. Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy ​or completeness of the disclosures Management provided to us to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion about whether the financial statements ​have been prepared in accordance with the Danish Financial Statements Act. CopenhagenChristina Nilssonmne44182State Authorised Public AccountantPrimary activitiesThe purpose of the company is to develop and distribute computer games. Loss for the year amounts to DKK 2,208 thousand. Equity amounts to DKK (780) thousand. Management is aware that the company has lost its share capital and is therefore covered by section 119 of the Companies Act. It is management's assessment that despite the loss of capital, the company still has the necessary capital base to ensure continued operations. The owner sees continued strategic value in the company and expressed willingness to guarantee capital for new development with the purpose of reestablishing the lost company capital. Events after the balance sheet dateNo events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.-837175252943013876172204092-2224792325338269490102815012-2208124320326-130-2208111320326-2208111-2208111320326400004000040000400004000040000144440092200024196241960209793864096717540100062803643964015952114796401635211484369484369-1264096944015-77972714283844843699440151428384484369-126409643330313009092070020979306830154548125936720682712593672068274796401635211The owner of the company has committed to provide financial support if the company needs it.1 Staff costs2023 DKK2022 DKKWages and salaries1,327,4722,161,991Other social security costs22,27532,749Other staff costs37,8709,3521,387,6172,204,092Average number of full-time employees34342 Other financial income 2023 DKK2022 DKKFinancial income from group enterprises12,2210Other interest income14,728026,94903 Tax on profit/loss for the year2023 DKK2022 DKKAdjustment concerning previous years(13)0(13)04 Financial assetsInvestments in group enterprises DKKCost beginning of year40,000Cost end of year40,000Carrying amount end of year40,000Investments in subsidiariesRegistered inCorporate formEquity interest %Equity DKKProfit/loss DKKKogama Works ApSDenmarkApS100.0082,845(29,134)5 Contingent liabilitiesThe company has signed a lease with a monthly rent of DKK 8.065.​ The lease period can be stopped with a 3 months term of notice.The Entity serves as the administration company in a Danish joint taxation arrangement. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is therefore liable for income taxes etc. for the jointly taxed entities, and for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for these entities.This annual report has been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class B enterprises with addition of a few provisions for reporting class C.The accounting policies applied to these financial statements are consistent with those applied last year.falseConsolidated financial statementsReferring to section 110 of the Danish Financial Statements Act, no consolidated financial statements have been prepared.Foreign currency translationOn initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the rate in effect at the payment date, or the rate at the balance sheet date, are recognised in the income statement as financial income or financial expenses. Property, plant and equipment, intangible assets, inventories and other non-monetary assets that have been purchased in foreign currencies are translated using historical rates.Gross profit or lossGross profit or loss comprises revenue, cost of sales and external expenses.RevenueRevenue from the sale of manufactured goods and goods for resale is recognised in the income statement when delivery is made and risk has passed to the buyer. Revenue from the sale of services is recognised in the income statement when delivery is made to the buyer. Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed.Cost of salesCost of sales comprises goods consumed in the financial year measured at cost, adjusted for normal inventory writedowns.Other external expensesOther external expenses include expenses relating to the Entity’s ordinary activities, including expenses for premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of receivables recognised in current assets.Staff costsStaff costs comprise salaries and wages, and social security contributions, pension contributions, etc for entity staff.Other financial incomeOther financial income comprises interest income, net capital gains on securities, payables and transactions in foreign currencies, amortisation of financial assets as well as tax relief under the Danish Tax Prepayment Scheme etc.Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on payables to group enterprises, net capital or exchange losses on securities, payables and transactions in foreign currencies, amortisation of financial liabilities, and tax surcharge under the Danish Tax Prepayment Scheme etc.Tax on profit/loss for the yearTax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the income statement by the portion attributable to the profit for the year and recognised directly in equity by the portion attributable to entries directly in equity.The Entity is jointly taxed with all Danish group enterprises. The current Danish income tax is allocated among the jointly taxed entities proportionally to their taxable income (full allocation with a refund concerning tax losses).Investments in group enterprisesInvestments in group enterprises are measured at cost. Investments are written down to the lower of recoverable amount and carrying amount.ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and doubtful debts.Joint taxation contributions receivable or payableCurrent joint taxation contributions payable or joint taxation contributions receivable are recognised in the balance sheet, calculated as tax computed on the taxable income for the year, which has been adjusted for prepaid tax. For tax losses, joint taxation contributions receivable are only recognised if such losses are expected to be used under the joint taxation arrangement.<br />Tax receivable or payableCurrent tax receivable or payable is recognised in the balance sheet, stated as tax computed on this year's taxable income, adjusted for prepaid tax.CashCash comprises cash in hand and bank deposits.Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.2024-02-07Jakob Sillesen