44770121 2025-01-01 2025-12-31 44770121 2025-01-01 2025-12-31 1 44770121 2025-01-01 2025-12-31 1 44770121 2024-04-15 2024-12-31 44770121 2025-12-31 44770121 2024-12-31 44770121 2024-12-31 fsa:ContributedCapitalMember 44770121 2024-12-31 fsa:RetainedEarningsMember 44770121 2025-01-01 2025-12-31 fsa:RetainedEarningsMember 44770121 2025-12-31 fsa:ContributedCapitalMember 44770121 2025-12-31 fsa:RetainedEarningsMember iso4217:DKK xbrli:pure Annual report 2026-06-26 Kristian Dyrholm Bundgaard The Executive Board has today considered and approved the annual report of K.D.B. Holding ApS for the financial year 01.01.2025 - 31.12.2025. The annual report is presented in accordance with the Danish Financial Statements Act. In my 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 - 31.12.2025. I believe that the management commentary contains a fair review of the affairs and conditions referred to therein. I consider the preconditions for not auditing the financial statements for the financial year 01.01.2025 - 31.12.2025 to be complied with. I recommend the annual report for adoption at the Annual General Meeting. Copenhagen Kristian Dyrholm Bundgaard To Management of K.D.B. Holding ApS We have compiled the financial statements of K.D.B. Holding ApS for the financial year 01.01.2025 - 31.12.2025based 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. Silkeborg Deloitte Statsautoriseret Revisionspartnerselskab 33963556 Heidi Julitta Østergaard Jensen State Authorised Public Accountant mne34163 Primary activitiesThe Company's main activity is to invest in quoted and unquoted stocks. Development in activities and financesThe company's equity is less than half of the subscribed capital as of December 31 2025.​ ​The management expects that the company can re-establish its capital through ongoing operations and ensure that sufficient liquidity is earned to meet its obligations as they fall due. Furthermore, a letter of support has been received from the company’s shareholders, which supports the company until 31 December 2026, including​by providing liquidity if needed to settle the company’s creditors. 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. -13063 -15000 125 55 -43232 43232 74847 10368 -44553 -68545 -44553 -68545 -44553 -68545 1544945 708318 1544945 708318 1544945 708318 39523 61001 39523 61001 1584468 769319 40000 40000 -113098 -68545 -73098 -28545 12500 15000 1645066 782864 1657566 797864 1657566 797864 1584468 769319 40000 -68545 -28545 -44553 -44553 40000 -113098 -73098 1 Judgements regarding going concernThe company's equity is less than half of the subscribed capital as of December 31 2025.​ ​The management expects that the company can re-establish its capital through ongoing operations and ensure that sufficient liquidity is earned to meet its obligations as they fall due. Furthermore, a letter of support has been received from the company’s shareholders, which supports the company until 31 December 2026, including​by providing liquidity if needed to settle the company’s creditors. 2 Impairment losses on financial assetsImpairment losses on financial assets relate to the reversal of previously recognized impairment charges. 3 EmployeesThe Company has no employees other than the Executive Board. The Executive Officer has not received any remuneration. 20252024Average number of full-time employees00 0 0 4 Contingent liabilitiesThere is remaining investment commitment of a total of DKK 3,924 thousand. 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. Non-comparabilityThe initial financial year covered a period of nine months, whereas the current financial year encompasses a full twelve-month period. Consequently, the financial statements for the two periods are not directly comparable. 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. Gross profit or lossGross profit or loss comprises revenue, changes in inventories of finished goods and work in progress, own ​work capitalised, other operating income, cost of raw materials and consumables and external expenses. Other external expensesOther external expenses include expenses relating to the Entity's ordinary activities. Other financial incomeOther financial income comprise interest income. Impairment losses on financial assetsImpairment losses on financial assets comprise impairment losses on financial assets which are not measured ​at fair value on a current basis. Other financial expensesOther financial expenses comprise interest expenses. Other investmentsOther investments compriseunlisted equity investments measured at the lower of cost and net realisable value. CashCash comprises cash in hand and bank deposits. Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value. Ikke væsentlig usikkerhed vedr. fortsat drift true 2026-06-26 2026-06-26 true 2024-04-15 2024-12-31 8600 Silkeborg 26 Papirfabrikken København Nordhavn 2150 Regnskabsklasse B Andre erklæringer uden sikkerhed 2025-12-31 2025-01-01 630 Fortkaj K.D.B. Holding ApS 44770121 33963556 2300 København S Weidekampsgade 6 Deloitte Statsautoriseret Revisionspartnerselskab