44250543 2025-01-01 2025-12-31 44250543 2025-01-01 2025-12-31 2 44250543 2025-01-01 2025-12-31 memberOfBoardIdentifier_executive_board_1 44250543 2025-01-01 2025-12-31 memberOfBoardIdentifier_executive_board_2 44250543 2025-01-01 2025-12-31 memberOfBoardIdentifier_executive_board_3 44250543 2025-01-01 2025-12-31 1 44250543 2023-08-22 2024-12-31 44250543 2025-12-31 44250543 2024-12-31 44250543 2025-01-01 fsa:ContributedCapitalMember 44250543 2025-01-01 fsa:RetainedEarningsMember 44250543 2025-01-01 44250543 2025-01-01 2025-12-31 fsa:ContributedCapitalMember 44250543 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 44250543 2025-12-31 fsa:ContributedCapitalMember 44250543 2025-12-31 fsa:RetainedEarningsMember 44250543 2025-01-01 fsa:LeaseholdImprovementsMember 44250543 2025-01-01 2025-12-31 fsa:LeaseholdImprovementsMember 44250543 2025-12-31 fsa:LeaseholdImprovementsMember 44250543 2025-01-01 fsa:DepositsLongtermInvestmentsAndReceivablesMember 44250543 2025-01-01 2025-12-31 fsa:DepositsLongtermInvestmentsAndReceivablesMember 44250543 2025-12-31 fsa:DepositsLongtermInvestmentsAndReceivablesMember iso4217:DKK pure Årsrapport 33771231 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab Strandvejen 44 2900 Hellerup 2025-01-01 2023-08-22 2025-12-31 2024-12-31 PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab 33771231 Regnskabsklasse B Andre erklæringer uden sikkerhed 2026-02-04 Geet Khosla The Executive Board has today considered and adopted the Annual Report of Proemial ApS for the financial year 1 January - 31 December 2025. The Annual Report is prepared in accordance with the Danish Financial Statements Act. The Company complies with the exemption provisions governing the omission to have its Financial Statements audited. In our 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. We recommend that the Annual Report be adopted at the Annual General Meeting. Aarhus C 2026-02-04 Mads Bredning Rydahl Geet Khosla Brian Pedersen Manager Manager Manager To the Management of Proemial ApSWe have compiled the Financial Statements of Proemial ApS for the financial year 1 January - 31 December 2025 on the basis of the Company’s accounting records and other information you have provided.The Financial Statements comprise income statement, balance sheet, statement of changes in equity and notes, including a summary of significant accounting policies.We performed our work in accordance with ISRS 4410, Engagements to Compile Financial Information.Based on our professional expertise, we have assisted you with the preparation and presentation of the Financial Statements in accordance with the Danish Financial Statements Act. We have complied with relevant provisions of the Danish Act on Approved Auditors and Audit Firms and the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code), including the principles of integrity, objectivity, professional competence and due care.The Financial Statements and the accuracy and completeness of the information forming the basis of the compilation of the Financial Statements are your responsibility.As an engagement to compile financial information is not an assurance engagement, we are under no duty to verify the accuracy or completeness of the information you provided to us to compile the Financial Statements. Accordingly, we express no audit opinion or review opinion as to whether the Financial Statements have been prepared in accordance with the Danish Financial Statements Act. Hellerup 2026-02-04 PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab 33771231 Søren Alexander Martin Stenstrup Toft State Authorised Public Accountant State Authorised Public Accountant mne42824 mne42786 Proemial ApS Filmbyen 27, st. tv 8000 Aarhus C 44250543 Aarhus Strandvejen 44 2900 Hellerup 156542 -1127831 3424911 5505527 20351 20267 -3288720 -6653625 169 95585 18431 35252 -3306982 -6593292 0 0 -3306982 -6593292 -3306982 -6593292 0 115320 0 115320 0 161838 0 161838 0 277158 0 63750 134187 165 13524 9579 147711 73494 5083853 8541879 5231564 8615373 5231564 8892531 75290 60000 5045603 -6593292 5120893 -6533292 0 14946834 0 156879 0 72000 110671 250110 110671 15425823 110671 15425823 5231564 8892531 60000 -6593292 -6533292 15290 14513547 14528837 0 432330 432330 0 -3306982 -3306982 75290 5045603 5120893 The company's primary activities involve developing technology and software products to promote the dissemination of scientific knowledge and support scientists, researchers, and the broader scientific community. 3064180 5076313 222177 225893 119462 156781 19092 46540 3424911 5505527 5 8 135587 135587 0 20267 20351 40618 0 0 161838 161838 0 0 Other fixed asset investments consists of deposits. Rental and lease obligationsLease obligations, period of non-terminability 6 months0245,474 The Annual Report of Proemial 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 measurementRevenues 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.Recognition and measurement take into account predictable losses and risks occurring before the presentation of the Annual Report which confirm or invalidate affairs and conditions existing at the balance sheet date. 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. Exchange differences 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. Where foreign exchange transactions are considered hedging of future cash flows, the value adjustments are recognised directly in equity.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 transaction date rates are recognised in financial income and expenses in the income statement; however, see the section on hedge accounting. RevenueServices are recognised at the rate of completion of the service to which the contract relates by using the percentage-of-completion method, which means that revenue equals the selling price of the service completed for the year. This method is applied when total revenues and expenses in respect of the service and the stage of completion at the balance sheet date can be measured reliably, and it is probable that the economic benefits, including payments, will flow to the Company. The stage of completion is determined on the basis of the ratio between the expenses incurred and the total expected expenses of the service.Revenue is measured at the consideration received and is recognised exclusive of VAT and net of discounts relating to sales. Direct expensesDirect expenses primarily include operating expenses for the year. Other external expensesOther external expenses comprise expenses for premises, sales as well as office expenses, etc. Gross profit/lossWith reference to section 32 of the Danish Financial Statements Act, gross profit/loss is calculated as a summary of revenue, other operating income, direct expenses 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. Amortisation, depreciation and impairment lossesAmortisation, depreciation and impairment losses comprise depreciation and impairment of property, plant and equipment. Other operating income and expensesOther operating income and other operating expenses comprise items of a secondary nature to the main activities of the Company, including gains and losses on the sale of property, plant and equipment. Financial income and expenses comprise interest, financial expenses in respect of finance leases, realised and unrealised exchange adjustments, price adjustment of securities, amortisation of mortgage loans as well as extra payments and repayment under the on-account taxation scheme. Tax on profit/loss for the yearTax for the year consists of current tax for the year and deferred tax for the year. The tax attributable to the profit for year is recognised in the income statement, whereas the tax attributable to equity transactions is recognised directly in equity.Any changes in deferred tax due to changes to tax rates are recognised in the income statement. Property, plant and equipment are measured at cost less accumulated depreciation and less any accumulated impairment losses.Cost comprises the cost of acquisition and expenses directly related to the acquisition up until the time when the asset is ready for use. Interest expenses on loans contracted directly for financing the construction of property, plant and equipment are recognised in cost over the construction period.Depreciation based on cost reduced by any residual value is calculated on a straight-line basis over the expected useful lives of the assets, which are:Leasehold improvements5 years The fixed assets’ residual values are determined at nil.Depreciation period and residual value are reassessed annually. Impairment of fixed assetsThe carrying amounts of property, plant and equipment and investments are reviewed on an annual basis to determine whether there is any indication of impairment other than that expressed by depreciation.The recoverable amount of the asset is calculated as the higher of net selling price and value in use. Where a recoverable amount cannot be determined for the individual asset, the assets are assessed in the smallest group of assets for which a reliable recoverable amount can be determined based on a total assessment.Goodwill, head office buildings and other assets for which a separate value in use cannot be determined as the asset does not on an individual basis generate future cash flows are reviewed for impairment together with the group of assets to which they are attributable. Other fixed asset investments consist of deposits. 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. Loans are recognised initially at the proceeds received net of transaction expenses incurred. Subsequently, the loans are measured at amortised cost; the difference between the proceeds and the nominal value is recognised as an interest expense in the income statement over the loan period.Other debts are measured at amortised cost, substantially corresponding to nominal value.