34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 0 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 1 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 2 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 3 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 4 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 5 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 6 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 0 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 1 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 0 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 0 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 5 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 10 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 15 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 20 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 25 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 1 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 6 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 11 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 16 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 21 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 2 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 7 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 12 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 17 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 3 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 8 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 4 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 9 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 14 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 19 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 13 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 18 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 23 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 28 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 22 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 24 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 29 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 26 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 27 34893772 2026-04-30 cmn:ConsolidatedMember 34893772 2025-04-30 cmn:ConsolidatedMember 34893772 2024-04-30 cmn:ConsolidatedMember 34893772 2023-04-30 cmn:ConsolidatedMember 34893772 2022-04-30 cmn:ConsolidatedMember 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 30 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 31 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 32 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 33 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 34 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 35 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 40 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 36 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 41 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 37 34893772 2023-05-01 2024-04-30 cmn:ConsolidatedMember 42 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 38 34893772 2022-05-01 2023-04-30 cmn:ConsolidatedMember 43 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 39 34893772 2021-05-01 2022-04-30 cmn:ConsolidatedMember 44 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 3 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 7 34893772 2025-05-01 2026-04-30 34893772 2024-05-01 2025-04-30 34893772 2026-04-30 34893772 2025-04-30 34893772 2024-05-01 2025-04-30 3 34893772 2025-05-01 2026-04-30 2 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 1 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 0 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 5 34893772 2025-05-01 2026-04-30 6 34893772 2024-05-01 2025-04-30 7 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 4 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 0 34893772 2025-05-01 2026-04-30 2 34893772 2024-05-01 2025-04-30 3 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 1 34893772 2024-05-01 2025-04-30 cmn:ConsolidatedMember 5 34893772 2024-05-01 2025-04-30 7 34893772 2025-05-01 2026-04-30 6 34893772 2025-05-01 2026-04-30 cmn:ConsolidatedMember 4 34893772 2025-04-30 cmn:ConsolidatedMember 34893772 2024-04-30 cmn:ConsolidatedMember 34893772 2025-04-30 34893772 2024-04-30 34893772 2025-04-30 cmn:OtherRenderingOfReportedValueMember 34893772 2025-04-30 cmn:ConsolidatedMember cmn:OtherRenderingOfReportedValueMember iso4217:DKK xbrli:pure Søren Brinkmann-Pedersen 2026-08-20 Regnskabsklasse B Annual report 25578198 KPMG Statsautoriseret Revisionspartnerselskab Dampfærgevej 28 2100 København Ø xWizard version 1.1.1548.0, by EasyX Aps. www.easyx.eu 2024-05-01 2025-04-30 Independent Auditor’s Report Basis for Opinion Opinion Welcome to Dataproces Group A/S   Creating Value with Data – with the   Ambition of Being Municipalities’   Preferred Software and Data Partner   Dataproces Group A/S is a publicly listed soft-   ware company with a clear mission: We create   value with data.   Dataproces Group A/S owns Dataproces ApS,   Skalhuse ApS, and Boelplan ApS, which together   are referred to as Dataproces. We develop soft-   ware and data-driven solutions for the munici-   pal sector, focusing on efficiency improvements,   financial optimization, and decision support.   Our ambition is to be municipalities’ preferred   software and data partner. By combining tech-   nology, data, and deep municipal expertise,   we help municipalities make better decisions,   streamline workflows, and create greater finan- cial flexibility.   Built on Municipal Reality   Founded in 2012, Dataproces has spent more than   a decade developing unique insight into municipal   processes, challenges, and opportunities. Today,   we maintain ongoing agreements with 90 of Den-   mark’s 98 municipalities and are among the most   specialized providers of software and data-driven   solutions for the municipal sector.   Our solutions are developed in close collabora-   tion with our customers and are based on real   needs arising from everyday municipal opera-   tions. The combination of municipal expertise,  data analytics, automation, and AI enables us   to develop solutions that are both practical and   value-creating.   Long-Term Partnerships   At Dataproces, economists, legal experts, data   analysts, and software developers work closely   together to create value for our customers. We   view our customer relationships as long-term   partnerships built on trust, expertise, and   professionalism.   Our close collaboration with municipalities   gives us a deep understanding of their needs   and ensures that our solutions continuously   evolve in step with real-world requirements.   The Next Phase of Dataproces’   Development   Today, Dataproces are built on a strong   foundation, supported by a healthy and well-   documented business model alongside a growing   software business.   We are now entering the next phase of the com-   pany’s development, focusing on scaling our   solutions and leveraging growth opportunities   beyond Denmark’s borders. Germany repre-  sents the first natural step, offering a market of   approximately 4,500 municipalities.   Our ambition is to build on the strong position   we have established in Denmark and further   develop Dataproces into an even stronger   software company, with the municipal sector   remaining our core focus.   A word from the CEO   The financial year 2025/26 was an important year for Dataproces.   We delivered the highest revenue in the   Company’s history, amounting to DKK 47.6 million, and an EBIT of DKK 8.1 million, in line with the previous year. This was achieved while making significant investments in new products, new capabilities, and new growth opportunities.   More important than the year’s financial   results, however, is what the year says about   Dataproces as a company.   We have built a business model that enables   us to invest in future growth while maintain-   ing a healthy and profitable operation. This is   a key characteristic for a company with ambi-   tions to grow substantially over the coming   years.   We Know the Model – Because   we have done it before.  To understand 2025/26, it is necessary to look   back several years.   In 2021/22 and 2022/23, we made significant   investments in the development of new   software solutions, the expansion of our   organization, and the strengthening of our   professional capabilities. While these invest-   ments affected earnings in the short term,   they also provided valuable insights into the   drivers of value creation at Dataproces.   We learned that data analytics, advisory services, and software are closely intercon-   nected.   Municipalities rarely seek technology for   technology’s sake. They seek solutions to spe-   cific operational and professional challenges.   It is precisely at the intersection of municipal   expertise and software that Dataproces has   built its position since 2012.   Our data analytics and advisory services pro-   vide access to municipal challenges and help   build the expertise that can subsequently be   transformed into software solutions generat-   ing recurring subscription revenue. Software   enables us to scale this expertise across   municipalities.   The combination of deep domain knowledge,   long-standing customer relationships, and   specialized software solutions also creates   significant barriers to entry. Software can be   developed relatively quickly. Expertise, trust,   and a proven track record take considerably   longer to establish.   This was the model we successfully activat-   ed during 2023/24 and 2024/25. Revenue   increased from DKK 21 million in 2022/23   to DKK 44 million in 2024/25, while EBIT   improved from a loss of DKK 8.6 million to a   profit of DKK 8.5 million.   At the same time, we built new expertise, new   relationships, and new insights into munici-   pal challenges. This knowledge subsequently   formed the foundation for the next genera-   tion of software solutions.   This experience is central to understand our   strategic ambitions towards 2030.   Dataproces Group A/S Skalhuse 13, 9240 Nibe 34893772 2012-12-11 : Aalborg Hans Christian R. Maarup (Chairman) Mikkel Ulstrup Kim Jakobsen Per Hansen Morten Mortensen Kristoffer Nørbo Schøn Michael Pedersen Kasper Lund Nødgaard CEO Kristina Koed COO KPMG Statsautoriseret Revisionspartnerselskab Østre Havnegade 22 D 9000 Aalborg 2025/26 Marked the Beginning of the   Next Investment Phase   In 2025/26, we transformed the knowledge   accumulated over recent years into seven   new software products.   Historically, new products at Dataproces have   been developed in close collaboration with   existing municipalities. Product development   is therefore typically based on concrete needs   identified through our analytics, advisory   services, and existing customer relationships.   This reduces commercial risk and increases   the likelihood of successful adoption.   This represents our largest combined product  development effort since the investment   years of 2021/22 and 2022/23.   At the same time, we strengthened the organization with new employees and com- petencies within both software development   and the specialist areas supported by our   solutions.   Dataproces also delivered the highest rev-   enue in the Company’s history of DKK 47.6   million and EBIT of DKK 8.1 million.   We are proud of this achievement.   Not only because the result ranks among the strongest in the Company’s history, but because we maintained profitability while simultaneously making substantial invest- ments in future growth.   At the end of the financial year, Dataproces   employed 52 full-time employees compared   to 41 the previous year. During the year, we   developed seven new software products and continued investing in our organization, prod- municipalities,uct development, and new growth initiatives. This underlines the strength of our existing   business and demonstrates that we can now   invest in the next phase of growth from a   position of financial strength.   The Foundation Beneath the DKK 116   million   In 2025, we announced our ambition to reach   DKK 200 million in revenue by 2030.   Of this amount, DKK 116 million is expected   to be generated through organic growth.   This organic growth is expected to come   primarily from doing more of what we have   already proven works.   The effectiveness of this model can be seen in the development of our recurring sub- scription revenue. Annual Recurring Revenue (ARR) has become an increasingly important component of Dataproces’ business in recent years and today forms the foundation of   a more predictable and scalable earnings   model.   Today, we work with 90 of Denmark’s 98 providing a strong platform   for continued organic growth. Our experience   shows that when we create value for munici-   palities, they demand more of our solutions.   Consequently, a significant portion of our   growth towards 2030 is expected to come   from increased adoption of existing and new   products among our current customer bases.   At the same time, we are investing strategi-   cally in new specialist domains where we see   opportunities to replicate the model that has   previously driven growth.   A good example is the capacity planning and resource management area.   Here, we are investing in building stronger   professional capabilities and developing For software solutions that support increasingly critical decision-making processes within municipalities.   These   solutions   are   typically   more   complex, rely on more specialized expertise,   and are expected over time to contribute   to higher ARR and revenue potential per   municipality.   Growth will therefore not only come from   more customers and more products, but also   from gradually increasing the value of the   challenges we help municipalities solve.   Accordingly, the ambition of generating DKK   116 million in organic revenue is not based   on a single breakthrough or a new business   model. It is based on continued scaling of a   model that has already demonstrated its   strength.   Nor do we expect the investments made dur-   ing 2025/26 to realize their full effect already   in 2026/27. Our expectation is that the impact   will gradually materialize through broader   software adoption, expansion into new spe-   cialist areas, and growing subscription reve-   nue in the years leading up to 2030—just as   we experienced following the investments   made in 2021/22 and 2022/23.   this reason, we view 2026/27 as another   important step towards 2030—not as the   finish line.   From DKK 116 million to DKK 200 million   The remaining part of our ambition is expected   to be achieved through strategic acquisitions   and international expansion.   The acquisition of Boelplan illustrates this   approach well.   Boelplan not only added new expertise within   capacity planning and resource management.   The acquisition also provided access to six   German municipalities and strong Danish   German domain expertise, strengthening our   understanding of the German market.   This insight has reinforced our belief that   the model we have developed and refined in   Denmark since 2012 can also be applied suc-   cessfully in the German municipal market.   The difference is that the market comprises approximately 4,500 municipalities compared with 98 in Denmark.   We therefore view future acquisitions as an opportunity to add new expertise, customer relationships, and market positions that can accelerate the expansion of a model we have already proven to be effective.   For us, acquisitions are not merely about adding  revenue. They are about creating additional   platforms from which specialized expertise can   be transformed into software solutions with   recurring revenue streams.   A Strong Platform for the Next Phase   The financial year 2026/27 will focus on scaling   the existing product portfolio and increasing   adoption among existing customers.   At the same time, we will continue investing in   the capabilities, products, and market opportu-   nities that will drive growth towards 2030.   Our ambition is not merely to grow revenue.   It is equally important that growth is achieved   while maintaining a healthy and profitable   business. Profitability is, in fact, a prerequisite   for our growth strategy. It enables us to invest   in new products, develop our organization, and   pursue strategic acquisitions from a position of   financial strength.   We enter the new financial year with a strong   balance sheet, a proven business model, and a   clear strategic direction for the years ahead.   I would like to thank our employees for their   outstanding efforts, our customers for the trust   they place in us every day, and our investors for   their continued support and confidence in our   long-term strategy. Together, we have built a   strong foundation. We now continue the work   of building upon it.   Kasper Lund Nødgaard   Chief Executive Officer (CEO)   Financial highlights   and key ratios   The Group delivered another year of   strong growth and maintained solid   profitability while continuing to invest   significantly in future growth initiatives.   • Revenue increased by 7.1% to DKK 47.6   million (DKK 44.4 million), driven by continued   growth in both software revenue and data ana-   lytics activities. Software revenue increased to   DKK 26.7 million (DKK 23.8 million), reflecting   the ongoing expansion of the Group’s recurring   revenue base.   • Gross profit rose to DKK 48.2 million (DKK   43.2 million), corresponding to a gross margin   of 101.2% (97.2%). The improvement reflects   the scalable nature of the Group’s software and   data-driven business model.   • EBITDA amounted to DKK 16.3 million (DKK   17.9 million), while EBIT remained strong at DKK   8.1 million (DKK 8.5 million). The EBITDA margin   was 34.2% (40.4%), reflecting increased invest-  ments in product development, organization   and growth initiatives during the year.   • Profits for the year amounted to DKK 6.3   million (DKK 6.4 million), demonstrating the   Group’s ability to maintain stable earnings while   executing its long-term growth strategy.   • Equity increased significantly to DKK 52.9 mil-  lion (DKK 27.2 million), supported by the year’s   profit and capital transactions. The solvency   ratio improved to 60.9% (49.1%), highlighting   the Group’s strong financial position   • Cash flows from operating activities   remained strong at DKK 20.3 million (DKK 19.7   million). Net cash flow from investing activities   amounted to DKK -30.0 million (DKK -9.2 mil-   lion), primarily reflecting strategic investments   in securities and continued investments in   development projects and other intangible   assets. These investments were partly financed   through positive cash flows from financing   activities of DKK 18.5 million, resulting in a net   increase in cash and cash equivalents of DKK   8.7 million during the year.   • The Group’s recurring SaaS business   remained a key growth driver. ARR increased   by 20.1% to DKK 28.6 million (DKK 23.8 million),   while the number of active SaaS subscriptions   grew by 20.5% to 206 (171). The Group served   90 municipal customers at year-end and main-   tained strong customer retention, with cus-   tomer churn of 7.3% and gross revenue churn   of 6.8%. Excluding the previously announced   impact from MARC Fleksløn, where approxi-  mately DKK 0.9 million of ARR was lost due to   customers transitioning to KOMBIT’s solution,   churn remained at a low level, underlining the   strength of the Group’s subscription model and   the resilience of its recurring revenue base.   Financial highlights and key Ratios   DKK’000   2025-26   2024-25   2023-24   2022-23   2021-22   Income statement   Financial highlights and key Ratios   (continued)   DKK’000   2025-26   2024-25   2023-24   2022-23   2021-22   Business review   Dataproces was founded with a mis-   sion to create value through data and   contribute to a more efficient and intel- ligent public sector. We develop digital   solutions that strengthen municipalities’   decision-making capabilities, optimise   workflows, and free up resources—for   the benefit of both our customers and   society.   Today, Dataproces holds a strong position   within the Danish municipal sector, with 90 of   Denmark’s 98 municipalities using one or more   of our Software-as-a-Service (SaaS) solutions.   Building on this solid foundation, the Compa-   ny’s ambition is to accelerate the development   of a scalable software business characterized   by increasing recurring revenue and growing   international potential.   Strategic Direction and Development   As outlined in the guidance for the 2026/27   financial year, the focus in the coming year is to   strengthen the foundation for Dataproces’ next   phase of growth.   In 2025/26, Dataproces completed its largest   product development initiative since 2021/22   and 2022/23, resulting in the development of   seven new software solutions and a significant expansion of the organisation.   In 2026/27, the focus will gradually shift from   development to commercialisation and broad-   er adoption of these solutions among both   existing and new customers.   Over more than a decade, Dataproces has   developed a distinctive capability to transform   domain expertise, analytics, and advisory ser-   vices into software solutions with recurring   subscription revenue. This model has been cen-   tral to the development of the Company’s four   software platforms and remains a key element   of the strategy towards 2030.   Today, Dataproces collaborates with 90 of   Denmark’s 98 municipalities. Consequently,   a significant portion of the expected organic   growth towards 2030 is anticipated to come   from increased adoption of existing and new   solutions within the current customer base, as   well as from the development of more advanced   solutions within areas such as planning and   capacity management.   A recent survey conducted by the Danish Cham-   ber of Commerce among 51 Danish municipal   chief executives found that 77% expect artificial   intelligence to become an important tool in   municipal operations within the next three   years, while only 24% report current use in   procurement and tender processes. At the   same time, many respondents remain cautious   regarding the extent of future workforce sav-   ings. (Kommunaldirektører tror på AI – men få   forventer store besparelser)   Management believes these findings reflect   a broader market trend that Dataproces has   supported throughout its history. The challenge   facing municipalities is increasingly not access   to technology itself, but the ability to translate   technological opportunities into practical work-   flows, stronger decision-making, and measura- ble productivity improvements.   For more than a decade, Dataproces has helped   municipalities realise efficiency gains through   digitalisation, automation, and data-driven   software solutions. Today, this development   increasingly includes artificial intelligence and   advanced analytics. Regardless of the underlying   technology, the objective remains unchanged:   to provide municipal employees and deci-   sion-makers with more knowledge-based tools   that support better decisions, more efficient   processes, and improved utilisation of public   resources.   At the same time, efforts to establish Datap- In the 2025/26 financial year, Dataproces gen- roces in the German market continue. Initial sales and market experience have reinforced our belief that the model we have developed in Denmark since 2012 can also be successfully   applied in a market comprising approximately   4,500 municipalities. Accordingly, the focus in   the coming years will be on validating a scalable   sales model and establishing the foundation for   a long-term market position in Germany.   Acquisitions also represent a separate growth track within Dataproces’ strategy towards 2030. In 2026/27, Dataproces is actively pursuing   acquisition-driven revenue growth in the range   of DKK 7.5–10.0 million through the acquisi-   tion of companies and specialist organisations   that can both contribute to revenue growth   and strengthen the foundation for long-term   organic growth.   The initiatives undertaken in 2026/27 are   intended to reinforce the foundation for the   next stage of Dataproces’ development and   support the continued scaling of the software   business towards 2030.   Financial Performance During the Year   erated revenue of DKK 47.6 million, compared   with DKK 44.4 million in the previous year, cor-   responding to a growth rate of 7.1%.   Revenue growth continued to be driven by the   software business, where revenue increased to   DKK 26.7 million from DKK 23.8 million in the   previous year. This development supports the   Company’s strategic focus on recurring soft-   ware revenue and reflects continued demand   for Dataproces’ Software-as-a-Service (SaaS)   solutions.   Revenue from data analytics and other activities   amounted to DKK 20.9 million, compared with   DKK 20.7 million in the previous year, and there-   fore remained at a stable level.   The positive development is also reflected in the   Company’s subscription business. The number   of active SaaS subscriptions increased to 206   from 171 in the previous year, while Annual   Recurring Revenue (ARR) grew to DKK 28.6 mil-   lion from DKK 23.8 million in the previous year.   ARR growth amounted to 20.1% during the   financial year.   This development underlines the continued   progress in building a more resilient, scalable,   and recurring earnings model.   Development in ARR and the SaaS   Business   As of 30 April 2026, Annual Recurring Revenue   (ARR) amounted to DKK 28.6 million, compared   with DKK 23.8 million in the previous year, corre-   sponding to growth of 20.1%. This development   was driven by both new customer contracts and   expansions within the existing customer base.   Adjusted for the termination of MARC Fleksløn   subscriptions, which impacted churn by DKK 0.9   million, churn amounted to 3% of ARR, reflect- ing the continued high retention rate among   existing subscription customers.   During the financial year, Dataproces launched   and further developed seven new software   products, which have already contributed to   new contracts and expansions among existing   customers. As the subscription business is built   over time, the full ARR impact of these initiatives   is expected to materialize in the coming years.   The increase to 206 active SaaS subscriptions,   compared with 171 in the previous year, sup-   ports this development and demonstrates that   the Company continues to expand both its   customer base and its long term earnings foun-   dation.   Churn during the financial year was affected by   subscription terminations amounting to DKK   0.9 million in ARR related to MARC Fleksløn.   Despite this impact, the Company maintained   satisfactory momentum in its subscription busi-   ness and delivered total ARR growth of 20.1%.   During the financial year, Dataproces delivered   and implemented MARS, KØS, KommuneProfil   and MARC solutions for a number of Danish   municipalities. At the same time, the Company   continued its investments in the development   of new products and modules designed to sup-   port the long-term growth of the SaaS business.   Access to the German market through the   acquisition of Boelplan, the development of   new modules within the Company’s existing   strategic focus areas, and the continued rollout   of KommuneProfil contribute to establishing a   broader foundation for future growth and the   further scaling of the subscription business.   Earnings and Investments   Dataproces continued to deliver strong operat-   ing performance while making targeted invest-   ments in future growth. EBITDA amounted to   DKK 16.3 million for the financial year, compared   with DKK 17.9 million in the previous year.   The lower earnings level should be viewed in   the context of increased investments in organ-   ization, product development, and commercial   activities aimed at supporting the next strategic   phase and establishing a strong foundation for   continued scaling. At the same time, the Compa-   ny continued to invest in development projects   and strategic acquisitions to strengthen its product  portfolio and support long term growth.   Despite significant investments in future growth,   Dataproces delivered profit for the year of DKK   6.3 million, compared with DKK 6.4 million in the   previous year. Continued profitability enables   the Company to invest in new products, organi-   zational development, and future growth oppor- tunities from a position of financial strength.   This allows the Company to maintain focus on   the initiatives expected to create the greatest   long term value and support its ambitions   towards 2030.   Capital Structure and Financial Position   The Company’s financial position strengthened   significantly during the financial year. Equity   increased to DKK 52.9 million from DKK 27.2   million in the previous year, while the equity   ratio improved to 60.9% compared with 49%.   The increase in equity was driven by the positive   profit for the year as well as completed capital   transactions, which strengthened the Compa-   ny’s financial resilience and flexibility. At the   same time, total assets increased to DKK 86.9   million as a result of investments in develop-   ment projects and strategic acquisitions.   Accordingly, Dataproces is supported by a very   strong capital base, providing a solid foundation   for continued strategic development, further   investments in growth initiatives, and the pur-   suit of new market opportunities.   Cash Flows   Cash flows for the financial year reflect continued  strong underlying operating performance com-   bined with significant investments in growth   and strategic initiatives.   Cash flows from operating activities amounted   to DKK 20.3 million, compared with DKK 19.7   million in the previous year. The continued   strong cash generation from operations supports  the Company’s ability to finance growth initia- tives and investments through its ongoing busi-   ness activities.   Cash flows from investing activities amounted to DKK -30.0 million, compared with DKK -9.2 million in the previous year. This development was primarily driven by investments in securities of DKK -18.4 million as part of the Company’s capital management strategy and its objective   of generating a reasonable return on excess   liquidity. In addition, the Company invested   DKK 11.1 million in intangible assets as part of   the continued development of its product port-   folio, while investments in property, plant and   equipment amounted to DKK 0.5 million.   Cash flows from financing activities amounted to DKK 18.5 million, compared with DKK -0.1   million in the previous year.   This development was primarily attributable to   capital transactions completed during the finan- cial year, which contributed to the financing of   the Company’s growth initiatives and invest-   ments.   Overall, net cash flow for the year amounted to   DKK 8.7 million, compared with DKK 10.4 mil-   lion in the previous year. As a result, cash and   cash equivalents increased at year-end, which,   together with the Company’s strong operating   performance and solid capital structure, pro-   vides Dataproces with a robust financial foun- dation for its continued strategic development.   Achievement of Guidance for the 2025/26 Financial Year   During the 2025/26 financial year, Dataproces achieved all financial targets communicated   at the beginning of the year.   Guidance 2025/26   Expected   Actual 2025/26   Status   ARR Growth   20-35 %   20.1 %   Achieved   Revenue   DKK 44-50m   DKK 47.6m   Achieved   EBITDA   DKK 16-20m   DKK 16.3m   Achieved   EBIT   DKK 7-10m   DKK 8.1m   Achieved   The achievement of guidance was accom-   plished while continuing to invest in product   development, organizational capabilities, and   commercial activities designed to support the   Company’s long term growth strategy. Despite   increased investments, Dataproces maintained   strong earnings and a robust financial position.   Management considers the year’s results to   demonstrate the strength of the Company’s   subscription-based business model and its   ability to deliver profitable growth while making   targeted investments in future growth initiatives.   At the same time, developments in ARR, reve-   nue, and earnings demonstrate that Dataproces   continues to execute successfully on its strategy   of strengthening its position as a leading provid-   er of data-driven Software-as-a-Service (SaaS)   solutions to the public sector.   Strategic Business Areas   Data Analytics and   Advisory Services   Dataproces develops and delivers data   analytics solutions that enable munici-   palities to consolidate and qualify knowl-   edge across systems, departments, and   public authorities. These analyses are   primarily designed to support the correct   recovery of VAT and public reimburse-   ments.   Data Analytics and Advisory Services form the   foundation of our MARS platform. Within this   business area, we develop and enhance the   analytical methodologies on which the MARS   platform is built. At the same time, we perform   these analyses directly for Danish municipali-   ties, both to assess the potential value of a MARS   implementation and to provide an independent   quality assurance review of the municipality’s   use of the solution.   In recent years, we have experienced significant   growth in our Data Analytics and Advisory Ser-   vices activities. Following strong development   in previous years, activity levels remained high   during the 2025/26 financial year. Revenue from   Data Analytics and Advisory Services amounted   to DKK 20.9 million, compared with DKK 20.7   million in the previous year. These activities not   only contribute to current earnings   but also strengthen the domain expertise and   customer relationships that form the basis for   the development and adoption of new software   solutions.   Our fees for data analytics assignments are   determined based on the additional reimburse-   ment potential identified for each municipality   through a no cure, no pay model. As a result,   these engagements are characterized by a   degree of uncertainty regarding the final fee   earned for our work. A portion of the assign-   ments is performed and delivered after the end   of the reporting period, while work has also   been carried out during the year on data analyt-   ics projects sold to municipalities in the previous   financial year.   Accordingly, there will always be a timing dif-   ference between the sale of a data analytics   assignment and the recognition of the related   revenue. Revenue is recognized progressively   as the work is performed and delivered. Conse-   quently, Management does not consider fluctu-  ations in revenue to be indicative of changes in   the underlying demand for the Company’s data   analytics services.   MARS is a comprehensive analytics and   data management platform designed to   provide transparency and support effi-  cient digital administration.   The platform is structured into a number of   modules and functional areas. The four core   modules are MARS Mellemkommunal, MARS   Statsrefusion, MARS Moms, and MARS Flytte-   oversigt. Each module contains a number of   specialized functional areas.   Across the MARS platform, we currently offer a   total of 17 functional areas distributed across   the four core modules, representing 1,666   potential software sales opportunities. During   the first half of the financial year, we developed   MARS: Housing First, a new functional area with-   in MARS Statsrefusion. This addition created 98   new potential sales opportunities and further   broadened the scope of the MARS platform.   We continuously work to expand the use of   MARS among existing customers through the   sale of additional modules, while also develop-   ing new products and functionalities within the   platform. As a result, we continue to see signif-   icant market potential, both through adoption   by new municipalities and through the sale of   additional modules and functional areas to   municipalities already using MARS.   Supported by a strong sales pipeline, we expect   continued growth in the adoption of MARS solu-   tions.   KØS – Municipal Financial Management   with Data-Driven Forecasting   KØS is Dataproces’ Software-as-a-Service (SaaS)   platform for municipal financial management,   budget planning, and capacity planning. The   platform provides municipalities with access   to data-driven forecasts and analyses that   strengthen decision-making in both short-term   budgeting and long-term planning of municipal   service areas.   By consolidating complex datasets relating to,   among other factors, demographic develop-   ments, municipal finances, and public funding   mechanisms, KØS provides municipalities with   a comprehensive overview of their financial   and capacity-related challenges. This supports   a more data-driven and strategic approach to   resource allocation and investment planning.   As of 30 April 2026, the KØS platform consists   of six modules: KØS Finansieringsgrundlag, KØS   Selvbudgettering, KØS Budgetplanlægning, KØS   BefolkningsBlik, KØS SkoleBlik, and KØS Dag-   pasningsBlik. The platform has evolved from   primarily focusing on financial forecasting to   increasingly supporting municipalities’ capac-   ity planning and resource management needs   across key welfare service areas.   The acquisition of Boelplan has strengthened   Dataproces’ capabilities within population fore-   casting and capacity planning and has contrib-   uted significantly to the continued development   of the platform. At the same time, the acqui-   sition has provided access to new customer   relationships and market opportunities in both   Denmark and international markets.   The KØS platform continues to be expanded   through the development of new functionalities   and modules. The ambition is to create an inte-   grated platform that supports municipalities’   financial management and capacity planning   across professional domains, thereby increas-   ing the platform’s value proposition for both   existing and new customers.   The acquisition of Boelplan has also strength-   ened Dataproces’ position in the German   market, where six municipalities were using   solutions from the platform at the end of the   financial year. The Company continues to see   significant potential for expanding the adoption   of KØS solutions both in Denmark and in select-   ed international markets.   The purpose of the MARC platform is   to automate administrative and digital   workflows within municipalities, thereby   contributing to increased efficiency and   reducing manual processes.   The platform comprises a range of automation   solutions that support municipalities in deliver-   ing services and managing administrative tasks   across a variety of professional domains.   MARC Fleksløn remains the most widely adopt-  ed solution on the platform. As outlined in   connection with the Company’s guidance for   2025/26, KOMBIT announced in 2025 that a sim-   ilar functionality would be developed as part of   the Municipal Benefits System (Kommunernes   Ydelsessystem). During the financial year, this   development affected demand for MARC Flek-  sløn, and as of 30 April 2026, Dataproces had   received subscription terminations correspond-   ing to an annual subscription value of DKK 0.9   million.   Dataproces continues to develop MARC Fleksløn   with a focus on delivering additional function-   ality and value creation for the municipalities   using the solution.   At the same time, future growth and develop-   ment of the MARC platform are increasingly   expected to be driven by other products within   the portfolio, including MARC Afstemning, MARC   Helbredstillæg, MARC Ydelseskontrol, and MARC   Årsopgørelse.   In close collaboration with municipalities, Dat-   aproces continuously evaluates opportunities   to develop new automation solutions where   a clear customer need and a compelling value   proposition can be demonstrated. The Compa-   ny continues to see significant potential in the   automation of municipal workflows and will   maintain its investments in the development of   the MARC platform, while taking into account   market developments and initiatives from   stakeholders such as KOMBIT.   KommuneProfi Overview and Insights into Municipal   Data   On 12 June 2025, Dataproces announced the establishment of a strategic partnership with the consultancy firm Index100 ApS for the development of a new software platform aimed at Danish municipalities. The platform, named KommuneProfil, was launched with its first   module, VoresNøgletal, which became opera- tional during the third quarter of the 2025/26   financial year. The module represents the first   step in the development of a new platform that   is expected to be continuously expanded with   additional functionalities and modules.   KommuneProfil is designed to provide munici- discussions,palities—as well as politicians, administrators, and citizens—with clear insights into and an   accessible overview of municipal data. The   purpose of the platform is to make complex   municipal data more accessible and easier to   understand through visual presentation, flexi- ble dashboards, and a modular structure.   KommuneProfil provides municipalities with a   powerful decision-support tool that clearly illus-   trates where the municipality stands, where it is   heading, and which decisions need to be made.   The platform facilitates communication of challenges and opportunities, supports the creation of a shared strategic direction, and ensures a robust data foundation for strategic decision-making.   The first module, VoresNøgletal, provides a com- Theprehensive overview of a municipality’s demo- graphics, finances, organizational structure, and development trends, while also enabling benchmarking against other municipalities. All information is presented through intuitive dashboards that can be used directly in political   strategic planning processes, and   citizen dialogue.   KommuneProfil makes data-driven deci- sion-making simple and accessible. The result   is improved decision-making, stronger political   communication, and greater transparency with-   in municipalities.   Dataproces has already entered into agree-   ments with five Danish municipalities regarding   the development and delivery of the platform.   These agreements help ensure both the rele-   vance and usability of the platform while also   confirming the level of market demand antici- pated prior to entering the strategic partnership   with Index100 ApS.   collaboration between Dataproces and   Index100, together with the launch of Kom-   muneProfil, is expected to further strengthen   the Dataproces brand. Over time, the platform   is also expected to contribute positively to the   Company’s Annual Recurring Revenue (ARR).   SaaS Market Potential   Dataproces expects continued growth in the   number of municipalities, modules, and prod-   uct areas served, with a continued focus on the   municipal market. The number of municipalities   with which we have agreements within each   platform does not fully reflect the overall mar- ket potential.   The figure below seeks to illustrate this poten- tial by focusing on the number of individual   modules and product areas currently deployed   across Danish municipalities. The presentation   has been designed so that each module is   represented proportionally by area, while the   percentage shown in the dark blue section   illustrates our overall market penetration with-   in each strategic business area. Conversely,   this also illustrates the remaining addressable   market in Denmark, before taking into account   future expansion through the introduction of   additional modules and product areas.   Through the acquisition of Boelplan, Dataproces   has also established a presence in the German   market, creating a substantial additional growth   opportunity. The extent to which our existing   modules can be adapted for use in Germany   remains to be determined and will depend,   in part, on differences between Danish and   German legislation and public administration   frameworks.   Events After the Reporting Date   Following the reporting date, new agreements have been entered into within the Company’s strategic focus areas: MARS, MARC, KØS, Data Analytics and Advisory Services, and Kommune- Profil.   During the same period, subscription termina- tions were received relating to MARC Fleksløn, MARC Afstemning, and KØS. Total churn after the reporting date amounts to DKK 0.6 million, of which DKK 0.1 million will not take effect until   the end of 2026.   During the period, Dataproces has gained fur- ther insights into the German market. In the   final quarter of the financial year, efforts to   establish a more active market presence and   strengthen the Company’s network among   German municipalities were intensified. These   activities include participation in trade fairs, the   hosting of webinars, and the completion of cus-   tomer visits.   Subsequent to the reporting date, Dataproces   further strengthened its position in the German   market through an agreement with Lexis &   Rother Partnerschaftsgesellschaft regarding the   acquisition of selected activities within school   development planning, daycare planning, and   capacity planning.   The agreement also establishes a long-term col-   laboration with the firm’s founder, Ulrike Lexis,   and supports Dataproces’ strategy of expand-   ing its presence in Germany through targeted   acquisitions and strategic partnerships.   At the same time, the Company continues to   evaluate opportunities for strategic partner-   ships and acquisitions aimed at strengthening   its market position.   No events have occurred after the reporting   date of 30 April 2026 that are considered to   have a material impact on the annual report.   47585000 26720000 20865000 48153000 16267000 8059000 8000 44436000 23780000 20656000 43174000 17929000 8494000 31959000 17601000 14358000 32960000 8575000 21405000 12363000 9042000 21375000 10447000 10928000 27750000 325000 - Revenue Software - Revenue Software - Revenue Software - Revenue Software - Revenue Software - Revenue Data analyses and other activities - Revenue Data analyses and other activities - Revenue Data analyses and other activities - Revenue Data analyses and other activities - Revenue Data analyses and other activities 26069000 -2574000 -8592000 -670000 Gross Profit/ loss Gross Profit/ loss Gross Profit/ loss Gross Profit/ loss Gross Profit/ loss EBITDA EBITDA EBITDA EBITDA EBITDA 1276000 -4377000 -116000 EBIT EBIT EBIT EBIT EBIT -219000 -1020000 Profit/loss from financial income and expenses Profit/loss from financial income and expenses Profit/loss from financial income and expenses Profit/loss from financial income and expenses Profit/loss from financial income and expenses 6305000 6446000 343000 -6925000 -3170000 86925000 52891000 55415000 27219000 45516000 20681000 38964000 14777000 40311000 21724000 20286000 -30002000 18452000 19651000 -9187000 -110000 13700000 -7646000 87000 2847000 -10150000 5047000 476000 -9660000 -385000 8737000 10355000 6141000 -2256000 -9569000 Total cash flows Total cash flows Total cash flows Total cash flows Total cash flows 101.2 34.2 16.9 11.3 15.7 97.2 40.4 19.1 16.8 26.9 103.1 26.8 4 121.8 -12 -40.1 -21.7 -37.9 129.8 1.5 EBITDA margin EBITDA margin EBITDA margin EBITDA margin EBITDA margin -20.5 -21.7 -13.6 Operating margin (EBIT) Operating margin (EBIT) Operating margin (EBIT) Operating margin (EBIT) Operating margin (EBIT) 3 1.9 60.9 49.1 45.4 37.9 53.9 Employees 52 41 44 54 55 Outlook   Dataproces enters the 2026/27 financial year   from a strong position, supported by a growing   subscription business, a high proportion of   recurring revenue, and a solid financial position.   The Company expects continued growth in   ARR and revenue driven by its existing product   portfolio, increased adoption among Danish   municipalities, and the further development   of both new and existing Software-as-a-Service   (SaaS) solutions. At the same time, Dataproces   will continue to invest in product development,   organisational capabilities, and commercial   activities to support its long term growth strat-   egy.   The Danish market is expected to remain the   Company’s primary growth driver, supported   by a strong market position and significant   potential for further adoption of Dataproces’   solutions. At the same time, the Company will   continue to develop its international activities   and establish the foundation for future growth   outside Denmark.   Dataproces will continue to invest with a focus   on maintaining a balanced combination of   growth and profitability. The Company’s ambi-  tion of achieving revenue of approximately DKK   200 million by 2030 remains unchanged and is   expected to be realised through a combination   of organic growth, increased penetration of the   subscription business, and selective strategic   initiatives, including partnerships and acquisi-   tions.   Based on the strong development in recurring   revenue, high customer retention, and a robust   capital structure, Management believes that   Dataproces is well positioned to continue its   positive development and create long-term   value for customers, employees, and share-   holders.   Guidance for the 2026/27 Financial Year   Dataproces expects continued positive growth   in its organic business during the 2026/27 finan-  cial year and remains focused on achieving the   Company’s strategic milestones towards 2030.   Guidance for the 2026/27 financial year:  ARR growth of 10–15%   Revenue in the range of DKK 50–53m   EBITDA in the range of DKK 15–17m   EBIT in the range of DKK 7–9m   The guidance reflects, among other factors:   • Upfront costs related to continued   investments in the German market.   • An expected negative impact on ARR   of DKK 2.1 million during the coming year   related to MARC Fleksløn, corresponding to   approximately 50% of the product’s revenue.   Dataproces does not expect the challenges   relating to KY and MARC Fleksløn to affect the   Company’s other MARC solutions.   • Revenue from data analytics is expect-   ed to remain at the same level as in the most   recent financial year.   Acquisitions represent a separate growth track   and are not included in the guidance above. In   2026/27, Dataproces expects to realize acquisi-  tion-driven revenue growth in the range of DKK   7.5–10.0 million.   Statement by the Board of   Directors and the Executive Board   The Board of Directors and the Executive Board   have today discussed and adopted the Annual   Report of Dataproces Group A/S for the finan-  cial period 1 May 2025 – 30 April 2026.The Annual Report has been prepared in accor-   dance with the Danish Financial Statements Act   and the additional disclosure requirements ap-   plicable to companies admitted to trading on   Nasdaq First North Growth Market Denmark.   In our opinion, the consolidated financial state-  ments and the parent company financial state-  ments give a true and fair view of the assets,   liabilities and financial position of the Group   and the Parent Company as at 30 April 2026,   and of the results of the Group’s and the   Parent Company’s operations and the Group’s   cash flows for the period 1 May 2025 – 30 April   2026.   Further, in our opinion, the Management’s   Review provides a fair review of the develop-   ment in the activities and financial affairs of the   Group and the Parent Company, the results   for the year, and the financial position of the   Group and the Parent Company.   We recommend that the Annual Report be   adopted at the Annual General Meeting.   2025-05-01 2026-04-30 Nibe, 2026-06-18 Kasper Lund Nødgaard CEO Kristina Koed Pedersen COO Hans Christian Maarup Chairman Mikkel Ulstrup Kim Jakobsen Per Hansen Morten Mortensen Kristoffer Nørbo Schøn Michael Pedersen Independent auditor’s report To the shareholders of Dataproces Group A/S Auditor’s responsibilities for the audit   of the consolidated financial statements   and the parent company financial state- ments   Our objectives are to obtain reasonable assur-   ance as to whether the consolidated financial   statements and the parent company 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 in Denmark will   always detect a material misstatement when it   exists. Misstatements may arise from fraud or   error and are considered material if, individual-   ly or in the aggregate, they could reasonably be   expected to influence the economic decisions   of financial statement users made on the basis   of these consolidated financial statements and   parent company financial statements.   As part of an audit conducted in accordance   with ISAs and the additional requirements ap-   plicable in Denmark, we exercise professional   judgement and maintain professional scepti-   cism throughout the audit. We also   · identify and assess the risks of material   misstatement of the consolidated financial   statements and the parent company finan- cial 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 col-   lusion, forgery, intentional omissions, mis-   representations or the override of internal   control.   · obtain an understanding of internal con-   trol relevant to the audit in order to design   audit procedures that are appropriate in the   circumstances, but not for the purpose of ex-   pressing an opinion on the effectiveness of   the Group’s and the Parent Company’s inter-   nal control.   · evaluate the appropriateness of account-   ing policies used and the reasonableness of   accounting estimates and related disclosures   made by Management.   · conclude on the appropriateness of Man-   agement’s use of the going concern basis   of accounting in preparing the consolidated   financial statements and the parent compa- ny financial statements and, based on the   audit evidence obtained, whether a material   uncertainty exists related to events or condi-   tions that may cast significant doubt on the   Group’s and the Parent Company’s ability   to continue as a going concern. If we con-   clude that a material uncertainty exists, we   are required to draw attention in our audi-   tor’s report to the related disclosures in the consolidated financial statements and the parent company 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 Group and the   Company to cease to continue as a going   concern.   · evaluate the overall presentation, structure   and contents of the consolidated financial   statements and the parent company finan- cial statements, including the disclosures,   and whether the consolidated financial state- ments and the parent company financial   statements represent the underlying trans-   actions and events in a manner that gives a   true and fair view.   • Plan and perform the group audit to obtain sufficient appropriate audit evidence regard- materiallying the financial information of the entities or business units within the Group as a basis for forming an opinion on the consolidated financial statements and the Parent Compa- materiallyny financial statements. We are responsible   for the direction, supervision and review of the audit work performed for purposes of the group audit. We remain solely responsi- ble for our audit opinion.   We communicate with those charged with gov- ernance regarding, among other matters, the planned scope and timing of the audit and sig- nificant audit findings, including any significant deficiencies in internal control that we identify during our audit.   Opinion   We have audited the consolidated financial statements and the parent company finan- Internationalcial statements of Dataproces Group A/S for the financial year 1 May 2025 – 30 April 2026 comprising income statement, balance sheet, statement of changes in equity and notes, in- cluding accounting policies, for the Group as well as for the Parent Company and a cash flow statement for the Group. The consolidat- statements”ed financial statements and parent company   financial statements are prepared in accor- Wedance with the Danish Financial Statements Act, as well as additional requirements for companies admitted to trading on Nasdaq First North Growth Market Denmark.   In our opinion, the consolidated financial statements and the parent company financial statements give a true and fair view of the Group’s and the Parent Company’s assets, lia-   bilities and financial position at 30 April 2026 and of the results of the Group’s and the Par- ent Company’s operations and consolidated cash flows for the financial year 1 May 2025   – 30 April 2026 in accordance with the Danish   Financial Statements Act, as well as addition-   al requirements for companies admitted to   trading on Nasdaq First North Growth Market   Denmark.   Basis for Opinion   We conducted our audit in accordance with   Standards on Auditing (ISAs)   and the additional requirements applicable   in Denmark. Our responsibilities under those   standards and requirements are further de-   scribed in the “Auditor’s responsibilities for   the audit of the consolidated financial state- ments and the parent company financial   section of our report.   are independent of the Group in accor-   dance with the International Ethics Standards   Board for Accountants’ International Code   of Ethics for Professional Accountants (IES-   BA Code) and the additional ethical require-   ments 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 pro- vide a basis for our opinion.   Management’s responsibility for the con-   solidated financial statements and the   parent company financial statements   Management is responsible for the preparation   of consolidated financial statements and parent   company financial statements that give a true   and fair view in accordance with the Danish   Financial Statements Act and for such internal   control that Management determines is neces-   sary to enable the preparation of consolidated   financial statements and parent company finan- cial statements that are free from material mis-   statement, whether due to fraud or error.   In preparing the consolidated financial state- ments and the parent company financial state- ments, Management is responsible for assessing   the Group’s and the Parent Company’s ability to   continue as a going concern, disclosing, as ap-   plicable, matters related to going concern and   using the going concern basis of accounting in   preparing the consolidated financial statements   and the parent company financial statements   unless Management either intends to liquidate   the Group or the Company or to cease opera-   tions, or has no realistic alternative but to do so.   Statement on the Management’s review   Management is responsible for the Manage-   ment’s review.   Our opinion on the consolidated financial state- ments and the parent company financial state- ments does not cover the Management’s review,   and we do not express any form of assurance   conclusion thereon.   In connection with our audit of the consolidated   financial statements and the parent company   financial statements, our responsibility is to   read the Management’s review and, in doing so,   consider whether the Management’s review is   inconsistent with the consolidated   financial statements or the parent company fi- nancial statements or our knowledge obtained   during the audit, or otherwise appears to be   misstated.   Moreover, it is our responsibility to consider   whether the Management’s review provides   the information required under the Danish   Financial Statements Act.   Based on the work we have performed, we   conclude that the Management’s review is in   accordance with the consolidated financial   statements and the parent company financial   statements and has been prepared in accor-   dance with the requirements of the Danish   Financial Statement Act. We did not identify   any material misstatement of the Manage-   ment’s review.   Aalborg, 2026-06-18 KPMG Statsautoriseret Revisionspartnerselskab 25578198 Steffen S. Hansen State Authorised Public Accountant mne32737 47585000 -11077000 894000 44436000 -6987000 662000 5000000 0 3470000 0 0 29000 11403000 48153000 31886000 0 8911000 43174000 25245000 0 1578000 3422000 3885000 0 1052000 2447000 2558000 0 8208000 8059000 0 9435000 8494000 0 0 -463000 6644000 180000 0 -111000 6544000 0 233000 86000 225000 8067000 1762000 6305000 305000 8275000 1829000 6446000 76000 11000 6285000 -20000 6422000 -24000 6305000 6446000 24061000 20988000 0 0 24061000 20988000 0 0 6755000 544000 5892000 376000 0 0 0 0 0 0 7299000 6268000 0 0 29112000 0 21814000 0 0 0 0 0 29112000 29112000 21814000 21814000 31360000 27256000 4908000 5742000 0 6367000 4603000 0 0 0 0 0 3750000 0 4964000 320000 0 0 0 0 218000 6000 341000 32000 132000 984000 11766000 95000 335000 11529000 165000 4288000 121000 5500000 18432000 25367000 55565000 86925000 0 16630000 28159000 55415000 18432000 2056000 0 39000 24776000 53888000 5539000 27353000 742000 0 678000 0 742000 11113000 41036000 0 678000 3814000 22728000 0 52149000 0 26541000 0 52891000 27219000 52891000 27219000 5722000 4083000 0 0 5722000 4083000 0 0 2636000 2142000 4778000 2841000 2053000 4894000 0 0 0 0 0 0 206000 823000 205000 1417000 0 0 24000 0 0 0 212000 0 10330000 11963000 23534000 7426000 10171000 19219000 973000 0 134000 0 997000 134000 34034000 86925000 28196000 55415000 997000 134000 53888000 27353000 Statement of changes in equity, Consolidated   Share   Retained   Total   Capital   earnings   DKK'000   Equity at 1 May 2024   668   20,013   20,681   Costs attributable to the capital increase   0 -24   -24   Profit for the year   0 6,446   6,446   Exercising of warrants   10   107   116   Equity at 30 April   678   26,541   27,219   Equity at 1 May 2025   678   26,541   27,219   Capital contributions   56   18,619   18,675   Costs attributable to the capital increase   0 -610   -610   Profit for the year   0 6,305   6,305   Adjustment for alignment of accounting policies relating to property   0 654   654   Exercising of warrants   8 639   647   Equity at 30 April   742   52,149   52,891   Statement of changes in equity, Parent Company   Reserve for net   Share   revaluation   Retained   Total   Capital   according to   earnings   equity method   DKK'000   Equity at 1 May 2024   668   0 20,013   20,681   Costs attributable to the capital increase   0 0 -24   -24   Profit for the year   0 3,814   2,632   6,446   Exercising of warrants   10   0 107   116   Equity at 30 April 2025   678   3,814   22,728   27,219   Equity at 1 May 2025   678   3,814   22,728   27,219   Capital contributions   56   0 18,619   18,675   Costs attributable to the capital increase   0 0 -610   -610   Profit for the year   0 7,299   -994   6,305   Adjustment for alignment of accounting policies relating to property   0 0 654   654   Exercising of warrants   8 0 639   647   Equity at 30 April 2026   742   11,113   41,036   52,891   8067000 8275000 6285000 6422000 8208000 9435000 0 0 0 -233000 225000 0 -86000 -6644000 -180000 76000 -6544000 0 305000 11000 Cash generated from operations before changes in working capital Cash generated from operations before changes in working capital Cash generated from operations before changes in working capital Cash generated from operations before changes in working capital 16267000 17929000 -463000 -111000 -257000 -1598000 1356000 1233000 701000 -891000 744000 Change in current liabilities in general Change in current liabilities in general Change in current liabilities in general Change in current liabilities in general 3973000 19983000 233000 17687000 86000 1471000 180000 -258000 0 -148000 -305000 -76000 -11000 0 218000 2183000 19651000 218000 20286000 1793000 -269000 -11090000 -480000 -8734000 -461000 8000 0 0 0 0 0 0 -18432000 -30002000 -18432000 18432000 -9187000 -9716000 10464000 -16639000 -269000 -240000 18619000 647000 -202000 0 0 18619000 647000 0 0 Exercising of warrants Exercising of warrants Exercising of warrants Exercising of warrants 116000 -24000 0 116000 -24000 0 Costs attributable to the capital increase Costs attributable to the capital increase Costs attributable to the capital increase Costs attributable to the capital increase -610000 -610000 0 0 18452000 -110000 18656000 92000 8737000 16630000 25367000 10355000 6275000 2017000 39000 -177000 216000 39000 16630000 2056000 Accounting Policies   Financial reporting basis   The Annual Report of Dataproces Group A/S   has been prepared in accordance with the pro-   visions of the Danish Financial Statements Act   applicable to reporting class B entities, with the   adoption of selected provisions applicable to   reporting class C entities, as well as additional   disclosure requirements for companies admit-   ted to trading on Nasdaq First North.   The consolidated financial statements and the   parent company financial statements have   been prepared using the same accounting poli-   cies as those applied in the previous year.   The Annual Report is presented in Danish kro-   ner (DKK).   Basis of preparation   The financial statements have been prepared   on the basis of the historical cost convention.   Income is recognised in the statement of profit   or loss as earned. This includes value adjust-   ments of financial assets and liabilities mea- sured at fair value or amortised cost.   Furthermore, all expenses incurred to generate the earnings for the year are recognised in the statement of profit or loss, including depreci- andation, amortisation, impairment losses, provi- sions, and reversals resulting from changes in accounting estimates of amounts previously recognised in the statement of profit or loss.   Assets are recognised in the statement of finan- andcial position when it is probable that future eco- nomic benefits will flow to the Company and the value of the asset can be measured reliably.   Liabilities are recognised in the statement of fi nancial position when it is probable that future economic benefits will flow from the Company and the value of liability can be measured reli- ably.   Upon initial recognition, assets and liabilities are measured at cost. Subsequently, assets and liabilities are measured as described for each individual accounting item below.   In recognising and measuring assets and liabil- ities, consideration is given to gains, losses and risks arising before the Annual Report is autho- rised for issue and which confirm or invalidate conditions existing at the reporting date.   Consolidation   Consolidated Financial Statements   The consolidated financial statements comprise the Parent Company, Dataproces Group A/S, subsidiaries in which Dataproces Group A/S directly or indirectly holds a majority of the voting rights or otherwise exercises control through ownership interests or other means. Entities in which the Group holds between 20% 50% of the voting rights and exercises sig- nificant influence, but not control, are classified as associates.   Upon consolidation, the financial statement items of the Parent Company are combined with   the corresponding items of the subsidiaries. In- tra-group income and expenses, shareholdings, intercompany balances and dividends, as well as realised and unrealised gains and losses aris- ing from transactions between the consolidated entities, are eliminated.   Upon acquisition of other entities (changes in   the composition of the Group), income state-   ment and balance sheet items are recognised   from the acquisition date. Assets and liabilities   are recognised in the consolidated financial   statements at the carrying amounts of the   acquired entity as of the acquisition date. Any   difference between the purchase consideration   and the carrying amount recognised in the con-   solidated financial statements is allocated to the   assets and liabilities giving rise to the difference,   including differences arising from accounting   policies applied by the acquired entity com-   pared with those applied in the consolidated   financial statements. From the acquisition date,   revenue, expenses and movements in assets   and liabilities are recognised in the consolidated   financial statements.   Comparative figures are restated only in the   case of acquisitions that significantly change   the composition of the Group and where a true   and fair view can only be achieved by restating   the comparative figures.   Income statement Revenue   Dataproces recognises revenue from the follow-   ing significant activities:   • Data analytics projects   • Software agreements   • Implementation and consulting services   • Service and support agreements   • SaaS agreements comprising licence,   implementation and service level agree-   ment (SLA) services   Revenue from these activities is recognised in   revenue when control of the goods or services   has been transferred to the customer, the reve-   nue can be measured reliably, and collection of   the consideration is probable.   Revenue is measured at the fair value of the   agreed consideration, excluding VAT and taxes   collected on behalf of third parties. All types of   discounts granted are deducted from revenue.   All revenue is derived from contracts with cus-   tomers.   Data Analytics Projects   For data analytics projects, the estimated   sales value of work performed (success fees)   is recognised as revenue using the percent-   age-of-completion method based on the esti-   mated stage of completion.   Where total contract revenue and costs, or   the stage of completion at the reporting date,   cannot be measured reliably, revenue is rec-   ognised only to the extent of costs incurred   that are expected to be recoverable.   Software Licence Agreements   A licence grants the customer a right to use soft- ware solutions.   For binding licence agreements without any remaining performance obligations, revenue is recognised at the commencement of the licence period, which coincides with the date the soft- ware is made available for use.   Where the Company has ongoing obligations under the agreement, revenue is recognised on a straight-line basis over the licence period. The Company has software update obligations un- der its licence agreements.   Implementation and Consulting Services   Revenue from implementation and consulting   services is recognised in revenue as the services   are performed.   Service Agreements (SLAs)   Revenue from the sale of service and support   agreements is recognised on a straight-line   basis in the statement of profit or loss as the   services are delivered.   SaaS Agreements   A SaaS contract is separated into distinct per-   formance obligations where the fair value of   each individual transaction can be measured   reliably and each transaction provides a dis-   tinct benefit to the customer.   A transaction is considered to provide a distinct   benefit to the customer when it is separately   identifiable and is normally sold on a stand- alone basis. The total contract consideration is   allocated to the individual performance obliga-   tions based on their relative fair values.   The separate performance obligations are rec-   ognised as revenue when the relevant recogni-   tion criteria have been satisfied.   If the agreement is assessed as a combined   performance obligation, or if a reliable alloca-   tion cannot be made, revenue relating to the   licence and SLA components is recognised to-   gether on a straight-line basis over the contract   term.   Work Performed for Own Account and   Capitalised   This item comprises employee costs capitalised   as additions during the year to the Company’s   development projects.   Other Operating Income   Other operating income comprises grants re-   ceived, wage subsidy income, reimbursements   of sickness benefits, and employee contribu- tions received in respect of the staff canteen   scheme.   Other External Expenses   Other external expenses comprise costs re-   lating to sales and marketing, administration,   premises, losses on trade receivables, operat-   ing lease expenses and other similar expenses.   Staff Costs   Staff costs comprise salaries and wages and   other employment-related costs, including   holiday pay obligations, pension contributions   and other social security costs relating to the   Company’s employees.   Amortisation, Depreciation and Impairment Losses on Intangible and Tangible Assets Amortisation, depreciation and impairment losses on intangible and tangible assets are based on   an ongoing assessment of the useful lives of the assets in the business. The assets are amortised   or depreciated on a straight-line basis over their expected useful lives, based on cost, taking into   account the following estimated useful lives and residual values:   Asset Type   Useful Life   Residual Value   Land and buildings   30 years   50%   Gains or losses arising from the disposal of in-   tangible and tangible assets are determined as   the difference between the selling price less   selling costs, and the carrying amount of the   asset at the date of disposal. Such gains and   losses are recognised in the statement of profit   or loss under other operating income or other   operating expenses.   Where there is an indication of a permanent   impairment in value of a non-current asset, the   asset is written down to its recoverable amount.   Income from Investments in Subsidiaries   In the Parent Company’s statement of profit or   loss, the proportional share of the profit or loss   after tax of each subsidiary is recognised, after   full elimination of intra-group profits and loss- es.   Financial Income and Expenses   Financial income and expenses are recognised   in the statement of profit or loss at the amounts   relating to the financial year. Financial items   comprise interest income and interest expens-   es, amortisation of mortgage loans, and sur-   charges and refunds under the Danish on-ac-   count tax scheme.   Tax on Profit/Loss for the Year   The Parent Company is subject to the Danish   rules on mandatory joint taxation of Danish   subsidiaries. Subsidiaries are included in the   joint taxation arrangement from the date on   which they are included in the consolidation   of the Group financial statements and until the   date on which they cease to be consolidated.   Under the Danish joint taxation rules, the Com-   pany is jointly and severally liable, without lim-   itation, to the tax authorities for corporate in-   come taxes and withholding taxes on interest,   royalties and dividends arising within the jointly   taxed group of entities.   The Parent Company acts as the management   company for the joint taxation arrangement   and therefore settles all corporate income tax   payments with the tax authorities.   Current Danish corporate income tax is allo-   cated among the jointly taxed entities through   the settlement of joint taxation contributions   in proportion to their taxable income. Entities   with tax losses receive a joint taxation contribu-   tion from entities that have been able to utilise   those losses to reduce their own taxable profits.   Tax on profit or loss for the year comprises cur- rent tax on the expected taxable income for the   year and changes in deferred tax, less the por-   tion of tax relating to movements recognised   directly in equity.   Current and deferred tax relating to transactions   recognised directly in equity are recognised di-   rectly in equity.   Balance Sheet Investments in Group Entities (Parent   Company)   Investments in subsidiaries are measured in   the Parent Company’s financial statements   using the equity method. Accordingly, the in-   vestments are recognised in the statement of   financial position at the Parent Company’s pro- portionate share of the subsidiaries’ net asset   value, determined in accordance with the Par-   ent Company’s accounting policies, adjusted for   unrealised intra-group profits and losses.   Net revaluation under the equity method is rec-   ognised in equity to the extent that the carrying   amount exceeds cost.   Intangible Assets (Development Projects) Development projects that are clearly defined and identifiable, for which technical feasibility, adequate resources and a potential future mar- ket or internal application can be demonstrat-   ed, and where there is an intention to produce, market or use the product or process, are rec- ognised as intangible assets provided that there is sufficient certainty that the present value of future earnings will cover production, selling and administrative costs as well as the total de- velopment costs incurred.   Other development costs are recognised as expenses in the statement of profit or loss as incurred. Development costs comprise costs, including salaries and wages as well as depre- ciation and amortisation, that can be directly or indirectly attributed to the Company’s develop- ment activities and which meet the recognition criteria.   Capitalised development costs are measured initially at cost and subsequently at cost less ac- cumulated amortisation and impairment losses,   or at the recoverable amount if this is lower.   Tangible Assets   Tangible assets are measured initially at cost   and subsequently at cost less accumulated de-   preciation and impairment losses.   Properties are revalued to fair value. Fair val-   ue is reassessed annually based on an income   capitalisation model, taking into account the net   yield derived from existing lease agreements,   the maintenance condition of the property and   the fact that a significant part of the property is   owner-occupied.   The depreciation base is determined taking   into account the residual value of the asset at   the end of its useful life and is reduced by any   impairment losses. The useful life and residual   value are determined at the acquisition date.   Depreciation ceases when the residual value   exceeds the carrying amount of the asset.   Changes in the estimated useful life or residual   value are recognised prospectively as changes   in accounting estimates.   Cost comprises the purchase price and costs   directly attributable to the acquisition until the   asset is ready for its intended use.   The cost of a composite asset is allocated to   separate components, which are depreciated   individually if the useful lives of the components   differ.   Receivables   Receivables are measured at amortised cost,   which usually corresponds to nominal value.   Write-down is made for bad debt losses where   there is an objective indication that a receivable   has been impaired.   If there is an objective indication that an individ-   ual receivable has been impaired, write-down is   made on an individual basis.   Prepayments   Prepayments recognised under assets com-   prise expenses incurred relating to subsequent   financial years.   Contracts in Progress (Service Contracts)   Contracts in progress are measured at the sell-   ing price of the work performed. The selling   price is determined based on the stage of com-   pletion at the reporting date and the total ex-   pected revenue from each individual contract.   Where the selling price cannot be measured re-   liably, it is measured at the costs incurred or, if   lower, the net realisable value.   Each contract in progress is recognised in the   statement of financial position as either a re- ceivable or a liability, depending on the net   value of the contract revenue less progress bill-   ings, if any.   Costs incurred in connection with sales activi-   ties and obtaining contracts are recognised in   the statement of profit or loss as incurred.   Securities and equity investments   Other securities and equity investments rec-   ognised as current assets comprise listed se-   curities measured at fair value at the balance   sheet date, corresponding to market value.   Cash and Cash Equivalents   Cash and cash equivalents comprise cash on   hand and bank balances.   Cash and Cash Equivalents   Cash and cash equivalents comprise cash on   hand and bank balances.   Equity   Equity comprises the share capital and a num-   ber of other equity components, which may   be required by legislation or prescribed by the   Company’s articles of association.   Liabilities   Financial liabilities are recognised initially at   the proceeds received, net of transaction costs   incurred. In subsequent periods, financial lia-  bilities are measured at amortised cost, cor-   responding to the capitalised value using the   effective interest method. Accordingly, the dif-  ference between the proceeds received and the   nominal value is recognised in the statement of   profit or loss over the term of the loan.   Mortgage debt is therefore measured at amor-   tised cost, which for cash loans corresponds to   the outstanding principal balance of the loan.   For bond-based mortgage loans, amortised cost   corresponds to the outstanding liability calculat-   ed as the underlying cash value of the loan at   inception, adjusted for the amortisation of any   premium or discount arising at the date the   loan was obtained over the repayment period.   Other liabilities, comprising deposits received,   trade payables and other payables, are mea-   sured at amortised cost, which usually corre-   sponds to nominal value.   Liabilities   Contingent assets and contingent liabilities are   not recognised in the statement of financial po-  sition but are disclosed in the notes to the finan-  cial statements.   Warrants   Warrants granted free of charge to the Com-   pany’s employees, Executive Management and   Board of Directors are accounted for as transac-   tions with the owners and are therefore not rec-   ognised upon grant. Upon exercise of warrants,   the proceeds received from the subscription of   new shares are recognised directly in equity.   Dividend   Proposed dividends are recognised as a liability   at the date of approval by the general meeting.   Dividends expected to be distributed in respect   of the year are presented as a separate item   within equity.   Cash Flow Statement   The cash flow statement presents the Group’s   cash flows for the year classified by operat-  ing, investing and financing activities, the net   change in cash and cash equivalents during the   year, and the Group’s cash and cash equivalents   at the beginning and end of the year.   Cash Flows from Operating Activities   Cash flows from operating activities are deter-  mined as the Group’s share of profit or loss for   the year, adjusted for non-cash operating items,   changes in working capital and corporate in-   come taxes paid or received.   Cash Flows from Investing Activities   Cash flows from investing activities comprise   payments relating to the acquisition and dis-   posal of intangible assets, property, plant and   equipment, and financial assets.   Cash Flows from Financing Activities   Cash flows from financing activities comprise   changes in the size or composition of the Com-  pany’s share capital and related costs, proceeds   from borrowings, changes in the utilisation of   overdraft facilities, repayments of interest-bear-   ing debt and payment of dividends.   Deferred Tax   Deferred tax and changes therein for the year   are calculated on all temporary differences be-  tween the carrying amounts and tax bases of   assets and liabilities, based on the intended use   of the asset or settlement of the liability.   Deferred tax assets, including the tax value of   tax loss carryforwards, are recognised at the   value at which they are expected to be utilised,   either through offset against future taxable in-  come or against deferred tax liabilities within   the same legal tax entity and jurisdiction. De-   ferred tax is measured on the basis of the tax   rules and tax rates that, under the legislation   enacted at the reporting date, are expected   to apply when the deferred tax is realised as   current tax. Changes in deferred tax resulting   from changes in tax rates are recognised in the   statement of profit or loss.   Accruals and Deferred Income   Accruals and deferred income recognised as li-   abilities comprise payments received relating to   income in subsequent financial years.   Contingent Assets and Contingent   Note   2 Other operating income   Consolidated   Parent Company   DKK'000   2025-26 2024-25   2025-26   2024-25   Payroll reimbursements, grants   894   662   0 29   and employee contributions   894   662   0 29   Note   2 Other operating income   Consolidated   Parent Company   DKK'000   2025-26 2024-25   2025-26   2024-25   Payroll reimbursements, grants   894   662   0 29   and employee contributions   894   662   0 29   Note   3 Staff costs   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   Wages and salaries   28,471   22,719   3,451   2,285   Pensions   2,964   2,325   481   269   Other social security costs   451   201   16   4 31,886   25,245   3,885   2,558   Thereof:   Wages and salaries - Executive Board and   0 0 3,451   2,285   Board of Directors   Pensions Executive Board   0 0 418   269   Other social security costs Executive Board   0 0 16   4 0 0 3,885   2,558   Average number of full-time employees   52 41 2 2 Warrant programs, consolidated   The Company’s Board of Directors has been authorised by the general meeting to issue warrants totalling   6.113.400 warrants to management and employees of Dataproces. The Board of Directors has a corre-   sponding authorisation to carry out capital increases without pre-emption rights for existing shareholders.   Since the Board of Directors received the authorisation, a total of 2.236.517 warrants have been granted.   The development in warrants is specified below:   Warrant programs, consolidated   Employee   Employee   Management   Management   Program   Program   Program   Program   DKK’000   2025-26   2024-25   2025-26   2023-24   Outstanding warrants as at 1 May   0 155   0 850   Correction to opening balance   0 1 0 0 Outstanding warrants as at 1 May,   0 156   0 850   adjusted   Granted during the financial year   59   0 350   0 Exercised during the financial year   0 -120   0 -300   Lapsed during the financial year   0 0 0 -150   Total outstanding warrants as at   59   36   350   400   30 April   Exercise price   0.02   0.02   5.6   2.15   Remaining exercise period   5 mos.   1 yr 5 mos.   3 yrs   1 yr   The Board of Directors thereafter has a remaining authorization to issue warrants totaling 3.876.883   warrants, taking into account lapsed warrants.   Note   3 Staff costs   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   Wages and salaries   28,471   22,719   3,451   2,285   Pensions   2,964   2,325   481   269   Other social security costs   451   201   16   4 31,886   25,245   3,885   2,558   Thereof:   Wages and salaries - Executive Board and   0 0 3,451   2,285   Board of Directors   Pensions Executive Board   0 0 418   269   Other social security costs Executive Board   0 0 16   4 0 0 3,885   2,558   Average number of full-time employees   52 41 2 2 Warrant programs, consolidated   The Company’s Board of Directors has been authorised by the general meeting to issue warrants totalling   6.113.400 warrants to management and employees of Dataproces. The Board of Directors has a corre-   sponding authorisation to carry out capital increases without pre-emption rights for existing shareholders.   Since the Board of Directors received the authorisation, a total of 2.236.517 warrants have been granted.   The development in warrants is specified below:   Warrant programs, consolidated   Employee   Employee   Management   Management   Program   Program   Program   Program   DKK’000   2025-26   2024-25   2025-26   2023-24   Outstanding warrants as at 1 May   0 155   0 850   Correction to opening balance   0 1 0 0 Outstanding warrants as at 1 May,   0 156   0 850   adjusted   Granted during the financial year   59   0 350   0 Exercised during the financial year   0 -120   0 -300   Lapsed during the financial year   0 0 0 -150   Total outstanding warrants as at   59   36   350   400   30 April   Exercise price   0.02   0.02   5.6   2.15   Remaining exercise period   5 mos.   1 yr 5 mos.   3 yrs   1 yr   The Board of Directors thereafter has a remaining authorization to issue warrants totaling 3.876.883   warrants, taking into account lapsed warrants.   2 2 52 41 Note   4 Financial Income   Consolidated   Parent Company   DKK'000   2025-26 2024-25   2025-26   2024-25   Interest income, banks   53   86   0 0 Other financial income   180   0 180   0 233   86   180   0 Note   4 Financial Income   Consolidated   Parent Company   DKK'000   2025-26 2024-25   2025-26   2024-25   Interest income, banks   53   86   0 0 Other financial income   180   0 180   0 233   86   180   0 Note   6 Tax on profit/loss for the year   Consolidated   Parent Company   DKK'000   2025-26 2024-25   2025-26   2024-25   Tax on profit/loss for the year   -693   0 20   24   Deferred tax adjustment for the   -1,069   -1,829   0 0 year   -1,762   -1,829   20   24   Note   6 Tax on profit/loss for the year   Consolidated   Parent Company   DKK'000   2025-26 2024-25   2025-26   2024-25   Tax on profit/loss for the year   -693   0 20   24   Deferred tax adjustment for the   -1,069   -1,829   0 0 year   -1,762   -1,829   20   24   Note   5 Financial expenses   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   Interest expense, banks   -55   0 0 0 Capital loss on securities measured   -76   0 -76   -11   at fair value   Other financial expenses   -94   -305   0 0 -225   -305   -76   -11   Fair value on DKK 76 thousands relates to listed bonds   Note   5 Financial expenses   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   Interest expense, banks   -55   0 0 0 Capital loss on securities measured   -76   0 -76   -11   at fair value   Other financial expenses   -94   -305   0 0 -225   -305   -76   -11   Fair value on DKK 76 thousands relates to listed bonds   Proposed profit appropriation/distribution of loss   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   6305000 0 6446 0 -994000 7299000 2632 3814 Note   8 Capitalized development costs   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   Cost at 1 May   53,201   43,987   0 0 Additions for the year   11,090   9,214   0 0 Disposals for the year   -436   0 0 0 Cost at 30 April   63,855   53,201   0 0 Amortisation and impairment losses at 1 May   32,213   23,080   Amortisation for the year   7,581   9,133   0 0 Amortisation and impairment losses at 30 April   39,794   32,213   0 0 Carrying amount at 30 April   24,061   20,988   0 0 The Company has developed software solutions.   As of the balance sheet date, the solutions have been implemented by a significant number of municipalities, thereby   demonstrating their commercial viability, and negotiations regarding sales to additional municipalities are ongoing. The   solutions are integrated with several public-sector systems.   Over the coming years, further development of the solutions is planned to enable integration with additional systems and   to expand into new application areas.   Expectations regarding further sales of the solutions, together with the realised Annual Recurring Revenue (ARR) of DKK   28.6 million, support Management’s assessment that there are no indications of impairment of the capitalised development   costs.   Newly developed software programs and modules are brought into use on an ongoing basis, and amortisation has   commenced on all capitalised development costs.   Note   8 Capitalized development costs   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   Cost at 1 May   53,201   43,987   0 0 Additions for the year   11,090   9,214   0 0 Disposals for the year   -436   0 0 0 Cost at 30 April   63,855   53,201   0 0 Amortisation and impairment losses at 1 May   32,213   23,080   Amortisation for the year   7,581   9,133   0 0 Amortisation and impairment losses at 30 April   39,794   32,213   0 0 Carrying amount at 30 April   24,061   20,988   0 0 The Company has developed software solutions.   As of the balance sheet date, the solutions have been implemented by a significant number of municipalities, thereby   demonstrating their commercial viability, and negotiations regarding sales to additional municipalities are ongoing. The   solutions are integrated with several public-sector systems.   Over the coming years, further development of the solutions is planned to enable integration with additional systems and   to expand into new application areas.   Expectations regarding further sales of the solutions, together with the realised Annual Recurring Revenue (ARR) of DKK   28.6 million, support Management’s assessment that there are no indications of impairment of the capitalised development   costs.   Newly developed software programs and modules are brought into use on an ongoing basis, and amortisation has   commenced on all capitalised development costs.   Note   9 Property, plant and equipment   Consolidated   Fixtures and   Land and   DKK'000   fittings, tools   Total   buildings   and equipment   Cost at 1 May   5,299   2,350   7,649   Additions for the year   125   355   480   Cost at 30 April   5,424   2,705   8,129   Revaluations at 1 May   1,104   0 1,104   Revaluations   840   0 840   Revaluations at 30 April   1,944   0 1,944   Depreciation and impairment losses at 1 May   512   1,975   2,487   Depreciation   101   186   287   Depreciation and impairment losses at 30 April   613   2,161   2,774   Carrying amount at 30 April 2026   6,755   544   7,299   Properties are measured at fair value. The fair value is reassessed annually based on an income   capitalisation valuation model, taking into account the net yield derived from existing lease   agreements, the maintenance condition of the property, and the fact that a significant portion of the   property is owner-occupied and used as the company’s domicile.   Note 10   Equity investments in subsidiaries   Parent Company   DKK'000   2025-26   2024-25   Cost at 1 May   18,000   18,000   Cost at 30 April   18,000   18,000   Value adjustments 1 May   3,814   -2,730   Profit/loss for the year   6,644   6,544   Equity adjustments in subsidiaries   654   0 Value adjustments 30 April   11,112   3,814   Carrying amount at 30 April   29,112   21,814   Voting rights   and stake   Dataproces ApS, Nibe, Denmark*   100%   Skalhuse, Nibe, Denmark   100%   *Dataproces ApS also owns 100% of the share capital in Boelplan ApS.   Note 11   Work in Progress   Consolidated   Parent Company   2025-26   2024-25   2025-26   2024-25   Selling price of work performed   5,742   4,603   0 0 5,742   4,603   0 0 Note 11   Work in Progress   Consolidated   Parent Company   2025-26   2024-25   2025-26   2024-25   Selling price of work performed   5,742   4,603   0 0 5,742   4,603   0 0 Note 12   Changes in share capital   Parent Company   DKK'000   2025-26   2024-25   2023-24   2022-23   2021-22   Opening balance   678   668   614   611   608   Capital increase   64   10   54   3 3 Closing balance   742   678   668   614   611   Note 15   Charges and security   As security for debt to a mortgage credit institution,   a mortgage deed of DKK 4.6 million has been issued   with security in property recognised at DKK 6.8 mil-   lion at the balance sheet date.   As security for debt to a financial institution, an   owner’s mortgage deed of DKK 4.4 million has been   issued with security in property recognised at DKK   6.8 million at the balance sheet date.   In addition, a registration duty mortgage deed of   DKK 1.3 million has been established for the pur-   pose of transferring registration duty.   As security for debt to a financial institution, a   floating charge over receivables of DKK 7.65 million   has been granted. At the balance sheet date, the re-   ceivables are recognised in the balance sheet at DKK   10.7 million (trade receivables and work in progress   service contracts).   Apart from the above, the Group has not provided   any further security or pledged assets at the balance   sheet date.   Note 13   Non-current liabilities   Consolidated   Payables to   DKK'000   Other payables   credit   Total   institutions   Within 1 year   0 206   206   Between 1 and 5 years   0 847   847   Above 5 years   2,142   1,789   3,931   2,142   2,842   4,984   Note 17   Related parties   Dataproces Group A/S has three shareholders hold-   ing more than 10% of the share capital. The largest   shareholder is Kjensen ApS, which holds 21.29 %   of the share capital and is wholly owned by Kjartan   Jensen, co-founder of Dataproces.   The second largest shareholder is Nordic Data   Group ApS/Morten Lindblad ApS, which holds   15.54% of the share capital. Nordic Data Group ApS   is wholly owned by Morten Lindblad ApS, which in   turn is wholly owned by Morten Lindblad, co-found-   er of Dataproces.   The third largest shareholder is Ulstrup Invest ApS,   which holds 10.39% of the share capital. Board   member Mikkel Ulstrup and his family are the bene-   ficial owners of Ulstrup Invest ApS.   Note 17   Related parties   Dataproces Group A/S has three shareholders hold-   ing more than 10% of the share capital. The largest   shareholder is Kjensen ApS, which holds 21.29 %   of the share capital and is wholly owned by Kjartan   Jensen, co-founder of Dataproces.   The second largest shareholder is Nordic Data   Group ApS/Morten Lindblad ApS, which holds   15.54% of the share capital. Nordic Data Group ApS   is wholly owned by Morten Lindblad ApS, which in   turn is wholly owned by Morten Lindblad, co-found-   er of Dataproces.   The third largest shareholder is Ulstrup Invest ApS,   which holds 10.39% of the share capital. Board   member Mikkel Ulstrup and his family are the bene-   ficial owners of Ulstrup Invest ApS.   Note 14   Deferred income   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   Pre-invoiced revenue   11,963   10,171   0 0 11,963   10,171   0 0 Note 14   Deferred income   Consolidated   Parent Company   DKK'000   2025-26   2024-25   2025-26   2024-25   Pre-invoiced revenue   11,963   10,171   0 0 11,963   10,171   0 0 Note 16   Contractual obligations and   contingencies   Contingent liabilities   The Company is jointly taxed with the other compa-   nies in the Group and is jointly and severally liable   for taxes relating to the joint taxation arrangement.   Operating lease commitments   The Group has entered into operating rental and   lease agreements comprising the following   commitments: a remaining term of 11 months for   leased operating equipment with a monthly pay-   ment of DKK 9 thousand, totalling DKK 96 thousand;   And remaining term of 17 months for leased oper-   ating equipment with a quarterly payment of DKK 5   thousand, totalling DKK 27 thousand.   Note 16   Contractual obligations and   contingencies   Contingent liabilities   The Company is jointly taxed with the other compa-   nies in the Group and is jointly and severally liable   for taxes relating to the joint taxation arrangement.   Operating lease commitments   The Group has entered into operating rental and   lease agreements comprising the following   commitments: a remaining term of 11 months for   leased operating equipment with a monthly pay-   ment of DKK 9 thousand, totalling DKK 96 thousand;   And remaining term of 17 months for leased oper-   ating equipment with a quarterly payment of DKK 5   thousand, totalling DKK 27 thousand.   34893772