13645205 2025-01-01 2025-12-31 13645205 2025-01-01 2025-12-31 1 13645205 2025-01-01 2025-12-31 1 13645205 2025-01-01 2025-12-31 2 13645205 2025-01-01 2025-12-31 3 13645205 2025-01-01 2025-12-31 1 13645205 2024-01-01 2024-12-31 13645205 2025-12-31 13645205 2024-12-31 13645205 2024-12-31 fsa:ContributedCapitalMember 13645205 2024-12-31 fsa:RetainedEarningsMember 13645205 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 13645205 2025-12-31 fsa:ContributedCapitalMember 13645205 2025-12-31 fsa:RetainedEarningsMember 13645205 2025-01-01 2025-12-31 fsa:OtherShorttermPayablesMember iso4217:DKK xbrli:pure Annual report 2026-06-26 Noel Lambert Maria Cornelius Essers The Board of Directors and the Executive Board have today considered and approved the annual report of NEFF A/S for the financial year 01.01.2025 - 31.12.2025. 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 31.12.2025and of the results of its operations for the financial year 01.01.2025 - 31.12.2025. We believe that the management commentary contains a fair review of the affairs and conditions referred to therein. We recommend the annual report for adoption at the Annual General Meeting. Allerød Lars Stub Noël Lambert M. Essers Chairman Hilde Anna G. Essers Gert Marie-Louise J. Bervoets To the shareholder of NEFF A/S We have performed an extended review of the financial statements of NEFF A/S for the ​financial year 01.01.2025 -​31.12.2025, which comprise the income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act. ​​​Based on our extended review, in our opinion, the financial statements give a true and fair view of the Entity’s ​​financial position at 31.12.2025 and of the results of its operations for the financial year 01.01.2025 - 31.12.2025in accordance with the Danish Financial Statements Act. We conducted our extended review in accordance with the assurance engagement standard for small enterprises ​as issued by the Danish Business Authority and the standard on extended review of financial statements ​prepared in accordance with the Danish Financial Statements Act as issued by FSR - Danish Auditors. Our responsibilities under those standards and requirements are further described in the ”Auditor’s responsibilities for the extended review of the financial statements” section. We are independent of the Entity 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 evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion. 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 Entity’s ability to continue ​as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless Management either intends to liquidate the Entity or to cease operations, or has no realistic alternative but to do so. Our responsibility is to express a conclusion on the financial statements. This requires that we plan and ​perform procedures to obtain limited assurance about our conclusion on the financial statements and that ​we also perform specifically required supplementary procedures for the purpose of obtaining additional assurance about our conclusion.​​An extended review consists of making inquiries, primarily of Management and, if appropriate, of other entity ​personnel, performing analytical and the specifically required supplementary procedures as well as evaluating ​the evidence obtained.​​The procedures performed in an extended review are less in scope than in an audit, and accordingly we do ​not express an audit opinion on the financial statements. Management is responsible for the management commentary. ​​Our conclusion on the financial statements does not cover the management commentary, and we do not express ​any form of assurance conclusion thereon. ​​In connection with our extended review of the financial statements our responsibility is to read the management ​commentary and, in doing so, consider whether the management commentary is materially inconsistent ​with the financial statements or our knowledge obtained in the extended review or otherwise appears to be ​materially misstated. ​​Moreover, it is our responsibility to consider whether the management commentary provides the information ​required by relevant law and regulations.Based on the work we have performed, we conclude that the management commentary is in accordance with ​financial statements and has been prepared in accordance with the requirements in the relevant law and regulations. We did not identify any material misstatement of the management commentary. The Entity has not prepared minutes for all Board of Directors meetings held in 2025 and not prepared rules of procedures of the Board of Directors which is in conflict with Danish Companies Act, for which Management may be held liable. The company does not store backups of its accounting records at a third-party supplier in a server situated in EU.​​This is not in accordance with the "Danish Bookkeeping Act" Section 15,2 and the "Executive Order on Requirements for Companies' Digital Accounting Systems that are Not Registered under the "Danish Bookeeping Act" section 4,2, for which Management may be held liable.​​​​​​​​​​ Copenhagen Deloitte Statsautoriseret Revisionspartnerselskab 33963556 Ulrik Winkler Jakobsen State Authorised Public Accountant mne47242 Primary activitiesThe purpose of the Company is to lease premises and to carry on warehousing and other commercial and manufacturing business. 22208933 20677807 7869296 7491289 3126123 2954537 11213514 10231981 1078814 1308966 655787 1013058 11636541 10527889 2554055 2307731 9082486 8220158 9082486 8220158 9082486 8220158 46407999 46356557 2090052 319377 48498051 46675934 48498051 46675934 3407407 4476842 46914452 21151099 5087 0 286387 68128 50613333 25696069 1645107 19395339 52258440 45091408 100756491 91767342 15000000 15000000 56204384 47121898 71204384 62121898 5865904 5227847 5865904 5227847 15159322 16901995 15159322 16901995 1705965 1610014 2454341 924829 409109 198325 1923336 2287970 2034130 2494464 8526881 7515602 23686203 24417597 100756491 91767342 15000000 47121898 62121898 9082486 9082486 15000000 56204384 71204384 1 Staff costs2025​DKK2024​DKKWages and salaries6,876,3466,616,853Pension costs754,782590,141Other social security costs238,168284,2957,869,2967,491,289Average number of full-time employees1313 13 13 2 Depreciation, amortisation and impairment losses2025​DKK2024​DKKDepreciation of property, plant and equipment3,126,1232,954,5373,126,1232,954,537 3 Other financial income ​2025​DKK2024​DKKFinancial income from group enterprises1,055,3181,093,214Other interest income23,421204,617Exchange rate adjustments7511,1351,078,8141,308,966 4 Other financial expenses2025​DKK2024​DKKOther interest expenses610,511943,610Exchange rate adjustments17,4799,917Other financial expenses27,79759,531655,7871,013,058 5 Tax on profit/loss for the year2025​DKK2024​DKKCurrent tax1,921,0972,287,970Change in deferred tax638,05729,135Adjustment concerning previous years(5,099)(9,374)2,554,0552,307,731 6 Property, plant and equipmentLand and buildings​DKKOther fixtures and fittings, tools and equipment​DKKCost beginning of year82,471,3707,225,106Additions3,096,8961,851,344Cost end of year85,568,2669,076,450Depreciation and impairment losses beginning of year(36,114,813)(6,905,729)Depreciation for the year(3,045,454)(80,669)Depreciation and impairment losses end of year(39,160,267)(6,986,398)Carrying amount end of year46,407,9992,090,052 7 Contributed capitalNumberPar value​DKKNominal​value​DKKOrdinary shares15,000100015,000,00015,00015,000,000 8 Non-current liabilities other than provisionsDue within 12 months ​2025​DKKDue within 12 ​months ​2024​DKKDue after more than 12 months​2025​DKKOutstanding after 5 years​2025​DKKMortgage debt1,705,9651,610,01415,159,3227,925,9501,705,9651,610,01415,159,3227,925,950 9 Other payables2025​DKK2024​DKKVAT and duties1,131,5211,384,947Wages and salaries, personal income taxes, social security costs, etc. payable80,445222,411Holiday pay obligation280,013266,761Other costs payable542,151620,3452,034,1302,494,464 10 Other unrecognised commitmentsUnrecognised rental and lease commitments2025​DKK2024​DKKLiabilities under rental or lease agreements until maturity in total857,8551,037,817 11 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement in which H. Essers Danmark ApS serves as the administration company. 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 the jointly taxed entities. 12 Assets charged and collateralMortage debt is secured by way of mortage on properties. The mortage also comprises the plant and machinery deemed part of the property. The carrying amount of mortgaged properties amount to K DKK 46.408. 13 Group relationsName and registered office of the Parent preparing consolidated financial statements for the smallest and largest​group: ​H. Essers BV, Belgium 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. Recognition and measurementAssets are recognised in the balance sheet when it is probable as a result of a prior event that future economic ​benefits will flow to the Entity, and the value of the asset can be measured reliably. ​​Liabilities are recognised in the balance sheet when the Entity has a legal or constructive obligation as a ​result of a prior event, and it is probable that future economic benefits will flow out of the Entity, and the ​value of the liability can be measured reliably. ​​On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial ​recognition is effected as described below for each financial statement item. ​​Anticipated risks and losses that arise before the time of presentation of the annual report and that confirm ​or invalidate affairs and conditions existing at the balance sheet date are considered at recognition and ​measurement. ​​Income is recognised in the income statement when earned, whereas costs are recognised by the amounts ​attributable to this financial year. 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. Gross profit or lossGross profit or loss comprises revenue and other external expenses. RevenueRevenue 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. 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 as well as social security contributions, pension contributions, etc for entity staff. Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses relating to property, plant and equipment comprise depreciation, amortisation and impairment losses for the financial year, calculated on the basis of the residual values and useful lives of the individual assets and impairment testing as well as gains and losses from the sale of ​property, plant and equipment. Other financial incomeOther financial income comprises dividends etc received on other investments, interest income, including interest income on receivables from group enterprises, 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 ex-penses, including interest expenses on payables to group enterprises, net capital losses on securities, payables and transactions in foreign currencies, amortisation of financial liabilities as well as 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. Property, plant and equipmentLand and buildings and other fixtures and fittings, tools and equipment are ​measured at cost less accumulated depreciation and impairment losses. Land is not depreciated.​​Cost comprises the acquisition price, costs directly attributable to the acquisition and preparation costs of the asset until the time when it is ready to be put into operation.​​The basis of depreciation is cost less estimated residual value after the end of useful life. Straightline depreciation​is made on the basis of the following estimated useful lives of the assets:Useful life Buildings30 yearsOther fixtures and fittings, tools and equipment3-10 yearsItems of property, plant and equipment 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. PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at ​cost. CashCash comprises cash in hand and bank deposits. Deferred taxDeferred tax is recognised on all temporary differences between the carrying amount and tax-based value of assets and liabilities, for which the tax based value of assets is calculated based on the planned use of each asset. ​ ​Deferred tax assets, including the tax base of tax loss carryforwards, are recognised in the balance sheet at their estimated realisable value, either as a set-off against deferred tax liabilities or as net tax assets. Mortgage debtAt the time of borrowing, mortgage debt to mortgage credit institutions is measured at cost which corresponds ​to the proceeds received less transaction costs incurred. Mortgage debt is subsequently measured at amortised cost. This means that the difference between the proceeds at the time of borrowing and the nominal repayable amount of the loan is recognised in the income statement as a financial expense over the term of the loan applying the effective interest method.Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Joint taxation contributions payable or receivableCurrent joint taxation contributions receivable or joint taxation contributions payable are recognised in the ​balance sheet, calculated as tax computed on the taxable income of the year, which has been adjusted for ​prepaid tax. true Grundlag for konklusion Konklusion 2026-06-26 2026-06-26 true 2024-01-01 2024-12-31 København S 2300 6 Weidekampsgade Allerød Allerød 3450 Regnskabsklasse B true true Erklæring om udvidet gennemgang 2025-12-31 2025-01-01 3 Blovstrød Teglværksvej NEFF A/S 13645205 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab