36563028 2025-04-01 2026-03-31 36563028 2025-04-01 2026-03-31 2 36563028 2025-04-01 2026-03-31 1 36563028 2025-04-01 2026-03-31 1 36563028 2025-04-01 2026-03-31 2 36563028 2025-04-01 2026-03-31 3 36563028 2025-04-01 2026-03-31 4 36563028 2025-04-01 2026-03-31 5 36563028 2025-04-01 2026-03-31 6 36563028 2025-04-01 2026-03-31 1 36563028 2002-01-01 2002-12-31 36563028 2001-01-01 2001-12-31 36563028 2000-01-01 2000-12-31 36563028 2024-04-01 2025-03-31 36563028 2002-12-31 36563028 2001-12-31 36563028 2000-12-31 36563028 2026-03-31 36563028 2025-03-31 36563028 2025-04-01 d:ContributedCapitalMember 36563028 2025-04-01 d:RetainedEarningsMember 36563028 2025-04-01 d:ProposedDividendRecognisedInEquityMember 36563028 2025-04-01 2026-03-31 d:ProposedDividendRecognisedInEquityMember 36563028 2025-04-01 2026-03-31 d:RetainedEarningsMember 36563028 2026-03-31 d:ContributedCapitalMember 36563028 2026-03-31 d:RetainedEarningsMember 36563028 2026-03-31 d:ProposedDividendRecognisedInEquityMember 36563028 2025-04-01 d:CompletedDevelopmentProjectsMember 36563028 2025-04-01 d:AcquiredPatentsMember 36563028 2025-04-01 d:GoodwillMember 36563028 2026-03-31 d:CompletedDevelopmentProjectsMember 36563028 2026-03-31 d:AcquiredPatentsMember 36563028 2026-03-31 d:GoodwillMember 36563028 2025-04-01 2026-03-31 d:CompletedDevelopmentProjectsMember 36563028 2025-04-01 2026-03-31 d:AcquiredPatentsMember 36563028 2025-04-01 2026-03-31 d:GoodwillMember 36563028 2025-04-01 d:LandAndBuildingsMember 36563028 2025-04-01 d:FixturesFittingsToolsAndEquipmentMember 36563028 2025-04-01 d:RightofuseAssetsMember 36563028 2025-04-01 d:PropertyPlantAndEquipmentInProgressMember 36563028 2025-04-01 2026-03-31 d:LandAndBuildingsMember 36563028 2025-04-01 2026-03-31 d:FixturesFittingsToolsAndEquipmentMember 36563028 2025-04-01 2026-03-31 d:RightofuseAssetsMember 36563028 2025-04-01 2026-03-31 d:PropertyPlantAndEquipmentInProgressMember 36563028 2026-03-31 d:LandAndBuildingsMember 36563028 2026-03-31 d:FixturesFittingsToolsAndEquipmentMember 36563028 2026-03-31 d:RightofuseAssetsMember 36563028 2026-03-31 d:PropertyPlantAndEquipmentInProgressMember 36563028 2025-04-01 d:InvestmentsInAssociatesMember 36563028 2024-04-01 d:InvestmentsInAssociatesMember 36563028 2025-04-01 2026-03-31 d:InvestmentsInAssociatesMember 36563028 2024-04-01 2025-03-31 d:InvestmentsInAssociatesMember 36563028 2026-03-31 d:InvestmentsInAssociatesMember 36563028 2025-03-31 d:InvestmentsInAssociatesMember 36563028 2025-04-01 2026-03-31 d:AssociateMember 1 36563028 2026-03-31 d:AssociateMember 1 36563028 2025-04-01 36563028 2024-04-01 36563028 2026-03-31 d:OtherProvisionsLiabilitiesLongtermMember 36563028 2025-03-31 d:OtherProvisionsLiabilitiesLongtermMember 36563028 2025-04-01 d:LongtermLeaseCommitmentsMember 36563028 2026-03-31 d:LongtermLeaseCommitmentsMember iso4217:DKK xbrli:pure 36563028 2025-04-01 Revisionspåtegning false 2024-04-01 false 2026-09-18 false DCC Energi Mobility A/S 2026-03-31 false Østbanegade 123 Deloitte 33963556 Lone Søgaard Lundin Regnskabsklasse C, stor virksomhed false 2100 København Ø 2025-03-31 CaseWare-FSR false Annual report The Board of Directors and Executive Board have today discussed and approved the annual report of DCC Energi Mobility A/S for the financial year 1 April 2025 - 31 March 2026. The annual report is prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the company's financial position at 31 March 2026 and of the results of the company's operations for the financial year 1 April 2025 - 31 March 2026. In our opinion, management's review includes a fair review of the matters dealt with in the management's review. Management recommends that the annual report should be approved by the company in general meeting. Daniel Hedegaard Andersen Director Andrew Russell Graham chairman Christian Frederik Heise Michael Kruse Bak Daniel Hedegaard Andersen Christopher Dalberg Mercado Lone Søgaard Lundin To the shareholder of DCC Energi Mobility A/S Opinion We have audited the financial statements of DCC Energi Mobility A/S for the financial year 1 April 2025 - 31 March 2026 comprising, income statement, balance sheet, statement of change in equi­ty, and notes including accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act.In our opinion, the financial statements give a true and fair view of the com­pany's assets, liabilities and financial position at 31 March 2026 and of the results of the company's operations for the financial year 1 April 2025 - 31 March 2026 in accordance with the Danish Financial Statements Act. Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the “Auditor's responsibilities for the audit of the financial statements” section of our report.We are independent of the company in accordance with the International Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code) and the additional requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these rules and requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management is responsible for the preparation of financial statements, that give a true and fair view in accordance with the Danish Financial Statements Act and for such internal control, that  management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.In preparing the financial statements, management is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless management either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so. Our objectives are to obtain reasonable assurance about whether the 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, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of financial statement user made on the basis of these financial statements.As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit. We alsoidentify and assess the risks of material misstatement of the financial 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 collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.conclude on the appropriateness of management's use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the 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 company to cease to continue as a going concern.evaluate the overall presentation, structure and contents of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Statement on management's reviewManagement is responsible for management's review.Our opinion on the financial statements does not cover management's review, and we do not express any form of assurance conclusion thereon.In connection with our audit of the financial statements, our responsibility is to read management's review and, in doing so, consider whether management's review is materially inconsistent with the financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated.Moreover, it is our responsibility to consider whether management's review provides the information required under the Danish Financial Statements Act.Based on the work we have performed, we conclude that management's review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statements Act. We did not identify any material misstatement of management's review. Copenhagen S 2026-09-02 Deloitte Peter Kyhnauv-Vejgaard State Authorised Public Accountant mne42833 Mohammad El-Jindawi State Authorised Public Accountant mne52094 DCC Energi Mobility A/S Østbanegade  123 DK-2100  København +45 70102010 www.dccenergi.dk 36563028 Copenhagen 33963556 Weidekampsgade 6 DK-2300 Copenhagen S Accura Advokatpartnerselskab Alexandriagade  8 DK-2150  Nordhavn Danske Bank Bernstoffsgade  40 DK-1577  Copenhagen V Seen over a 5-year period, the development of the Company may be described by means of the following financial highlights:For definitions of the financial ratios see the summary of significant accounting policies. 5026809000 9487883000 7202149000 151116000 181448000 228264000 1065000 1395000 6012000 -4842000 -4873000 122307000 137549000 174465000 1809495000 1728844000 2165605000 584100000 316000000 303741000 302561000 244177000 559549000 572243000 604694000 4.9 4.3 3.0 1.9 3.2 9.1 9.4 8.5 9.3 12.5 27.8 33.7 30.9 33.1 27.9 23.3 23.3 21.6 23.4 30.2 Due to identification of incorrect presentation of revenue and part of the balance sheet figures, the comparative figures for 2024/25 have been restated to reflect a correct presentation of the numbers identified to be changed.   The restatement has no impact on profit for the year and the balance sheet total. The summary of the restated figures can be found under “Correction of comparative figures” under accounting policies. Business reviewDCC Energi Mobility A/S operates the Shell-branded network of fuel stations and Shell Cards in Denmark, serving both private consumers and business customers.   As part of DCC Energi we benefit from being a reliable and experienced full-service energy provider dedicated to deliver quality energy solutions and best in class customer service.   Since 2016, we have been responsible for the full operation of the Shell stations in Denmark through a licensing agreement with Shell.A network of approximately 200 Shell stationsWe are continuously working to expand the Shell network, providing both private motorists and business customers greater access to Shell’s premium fuels, including Shell V-Power 100 octane and Shell V-Power Diesel.   Further we are expanding our electric vehicle charging network across Denmark, focusing on high-power chargers, to meet the growing demand for fast and convenient solutions nationwide.   Despite Shell being a global brand, the local presence is strong. A large part of our network is operated by local entrepreneurs who manage the convenience stores at our stations.High quality as a standardWe are committed to delivering the best possible service and continually evolving our business to match the current needs of our customers. We regularly collect customer feedback from our stations to understand what we are doing well and where we can improve.   As a Shell licensee, we are part of Shell’s global network, which provides our customers access to world-class expertise and over a century of experience in fuel product development and quality assurance. When you fill up with Shell fuels, you are guaranteed high-quality products developed to clean and protect your engine.Easy EV charging with Shell CardShell Card can also be used to pay for charging at 22,000 charging points across Denmark. For long-distance travel, Shell Card provides access to more than 1,000,000 charging points across Denmark and the rest of Europe.A fuel card with access to more than 400 stationsThe convenience of using a fuel card at a wide network of stations is highly valued by our customers. That is the reason we have partnered to allow Shell Card holders to also refuel at Q8 and F24 stations. This gives customers access to more than 400 fueling locations, including Denmark’s largest network of manned stations.The Energy behind the futureWe have always been a stable, trustworthy, and competent energy provider, dedicating our energy to energy for many years. Now, it is time to direct that energy towards the future.   A future where more sustainable options, alongside our existing products, ensure that we remain a relevant supplier in the Danish energy market.   Our ambition is to develop our operations towards new forms of energy to meet our customers’ future needs. As the ongoing energy transition progresses, we continuously expand our portfolio with new products and solutions.Our purpose: Helping everyone move forward in the energy transitionAs part of our 2030 strategy, we have defined a purpose to support the journey towards a more sustainable future both within and beyond DCC Energi.   We believe it is our responsibility as an energy provider to create an energy society that keeps pace with the times – an energy society driven by the energy transition. Our purpose is to help everyone move forward in this energy transition.   We also recognize that energy comes in many forms and that decisions impacting daily life can involve numerous considerations. Therefore, we strive to support everyone in progressing through this energy transition so that together we can shape the future. Success in the energy transition requires that we succeed together.   It is our foremost task to support all our customers with energy solutions that both challenge and inspire change. Their ambitions are what will drive our company in a more sustainable direction, allowing us to shape the future together.Building the future togetherWe believe that sustainable change must be a collaborative effort involving our society, employees, and customers. We aim to contribute positively to the communities we are part of, ensure the well-being of our employees, and support our customers in advancing the energy transition respecting their unique paths and the challenges they face in the energy transition.   We know the end goal: a 100% energy transition in Denmark by 2050. Accordingly, we have established concrete targets and action plans that we regularly review to help shape a more sustainable future together.Sustainability as a strategic driverWe are committed to contributing to a more sustainable future. For us, sustainability is not a standalone area. As a major energy supplier, sustainability is integrated into our 2030 strategy and into the way we conduct business with our customers. Sustainability is therefore embedded in our strategic objectives, particularly concerning the launch and marketing of new products and services. This approach ensures our customers achieve a lower carbon footprint moving forward.   Our approach to sustainability is based on the ESG framework (Environment, Social, and Governance) with the goal of promoting sustainable development in Denmark. This includes reducing CO2 emissions from our products, ensuring a diverse workplace, and conducting business responsibly and safely.Actions toward 2030To meet both internal and external expectations, our sustainability strategy focuses on four key areas:   •    Climate change and energy transition  •    Safety and environmental protection •    People and society •    Governance   Each of these areas contains ambitious 2030 targets aligned with ESG principles, and the UN Sustainable Development Goals aimed at promoting sustainable development. Where annual milestones apply, these will be specified in the individual targets. They are supported by action plans, ensuring we achieve our goals by 2030.   For further information, please refer to our Sustainability Strategy available on our website: https://www.dccenergi.dk/hvem-vi-er/baeredygtighed/Initiatives in the current financial yearDuring the current financial year, we have taken another step in our company’s development by further expanding our product portfolio to include solar energy solutions. Following last year’s addition of electricity, this strengthens our position as a full-service energy partner, capable of covering the full range of our customers’ energy needs, from electricity and liquid fuels to on-site renewable energy and future-oriented solutions.   This development allows our customers to consolidate their energy needs with a single supplier, making it simpler and more efficient to choose more sustainable solutions. Whether it concerns transport, heating, power supply, or on-site generation through solar panels, we now offer flexible and competitive energy solutions that support the transition towards more sustainable choices.   Additionally, we have maintained compliance with regulatory greenhouse gas reduction requirements through the blending of biofuels into our fuel products. During the year, we have also completed ETS2 reporting and obtained verification of the reporting for the first time.We have also introduced requirements for our company car scheme, where all new company cars must be fully electric, alongside a continuous conversion of our technician fleet towards more sustainable alternatives. Together, these initiatives support our overall contribution to the energy transition.   During the year, we have also relocated to a new office, supporting a more modern and collaborative working environment. At the same time, we maintain a focus on flexibility in the workplace, including the possibility to work from abroad for a limited period per year.  This is supported by a continued focus on employee well-being and development, and during the year the company was recognised externally as a Great Place to Work.The energy partner of the futureAt the same time, we are working to ensure our energy solutions meet future requirements so we can contribute to a more sustainable development in Denmark. This involves not only delivering products and services that reduce CO2 emissions but also fostering long-term partnerships that promote innovation and responsibility.   We believe we can make a difference by combining our many years of experience with a forward-looking approach. Through close collaboration with our customers and a strong internal culture, we aim to be a driving force in the energy transition while ensuring more sustainable choices for all stakeholders. Financial review We operate in a market undergoing structural change, driven by the ongoing energy transition and the continued shift toward electric mobility. Consumption of traditional road fuels in Denmark continued to decline in 2025, largely driven by declining diesel consumption and structural changes in the transport sector. This reflects the changes affecting the mobility market, with demand for traditional fuels under pressure from changing customer behaviour and increasing electrification.As part of our broader strategic direction, we are committed to delivering a modern and integrated customer experience within the convenience segment. Our ambition is to meet evolving customer expectations by offering high-quality products, intuitive service design, and attractive retail environments.During the year, we completed the takeover of the motorway service stations awarded in the Danish Road Directorate tender. Activities related to the sites have primarily been in an implementation phase, with investments ongoing during the period.We have continued to develop our presence in the electric vehicle charging market during the financial year, including further expansion of the charging network with a focus on high-power chargers to meet the growing demand for fast and convenient solutions nationwide. In parallel, we have continued to develop our broader eMobility offering, building on initiatives initiated in prior periods and reflecting the strategic focus on non-fuel related activities in a market undergoing structural change.In the annual report for 2024/25, management expected the market to continue to be affected by the energy transition and increasing electrification, resulting in a continued decline in the traditional fuel market.It was further expected that activity level and financial performance would be in line with the previous year. Profit before tax was forecast to be in the range of TDKK 145,000 to TDKK 160,000.The development in the market during the year has been in line with expectations, with continued structural changes driven by electrification and changing customer demand.The income statement for the year ended 31 March 2026 shows a profit of TDKK 133,792, and the balance sheet at 31 March 2026 shows equity of TDKK 575,146.Profit before tax for the year amounted to TDKK 172,089 compared to TDKK 166,911 in the prior year and is therefore above the expected range.The result was delivered despite lower activity within the traditional fuel business and reflects stable margins, cost discipline as well as continued development within non-fuel related activities, including eMobility. The result was further positively impacted by a one-off income from the sale of land.Working capital remains strong, with limited level for credit losses due to ongoing focus on credit management and effective mitigation measures. As a result, both liquidity and the financial position remained robust at year-end.Management considers the financial performance satisfactory given the structural changes in the industry and remains committed to executing our strategy to support a more sustainable future by delivering competitive and customer-oriented solutions to help everyone forward in the energy transition. Significant events occurring after the end of the financial yearNo events have occurred after the balance sheet date which could significantly affect the financial position. Research and developmentWe do not engage in research and development activities. StrategyAligned with the strategy of DCC Energi, our focus is on wholesale purchasing and retail sales to mobility customers in Denmark. The product offer includes fuels, car wash services, and eMobility solutions.The strategy aims to improve profitability in a competitive market by offering high-quality, trademark-branded products and services under the Shell brand. This requires continuous cost optimization and the development of new offerings that deliver customer value. Growth is expected to be organic but may include mergers and acquisitions where beneficial.The DCC Energi’s 2030 strategy is anchored around four success factors that are central to achieving both own and the external expectations.CustomersWe aim to be our customers’ trusted partner in the energy transition, where we with optimism, credibility and a human approach create real value through new solutions and new possibilities.PeoplePeople are our most important resource in the energy transformation and our future growth, which is why we through a people-focused approach constantly working to attract, develop and retain talented people and dedicated employees.CO2 reductionWe take responsibility for the climate by being active in reducing CO2 emissions from our products and services. Through innovation and smarter energy solutions we will contribute to a more sustainable and greener future.TechnologyWe consider technology to be a central element in achieving our goals and strength our growth. By delivering innovative, digital and customer-oriented IT solutions we can improve customer experience, optimize internal processes and effectively attract, engage and retain customers. Objectives and outlook for the coming yearWe expect the market to continue undergoing significant change driven by the energy transition and the shift toward electrification, resulting in a continued decline in the traditional fuel market.In the coming year we will continue to pursue a nationwide offer of premium fuels and eMobility solutions, delivering excellent customer experiences both in-store and digitally.We continue to monitor the effects of geopolitical developments on the global economy, supply chains, and individual markets. In particular, we follow developments related to energy supply security, as ongoing global tensions may impact pricing, market conditions and supply dynamics, although no immediate supply disruptions have been observed.We also expect to strengthen our market position through the continued development of our retail network. The motorway service stations are expected to contribute fully to activity and performance in the coming year, supporting our position on key motorway locations across Denmark.In addition, the acquisition of H.K. Olie, completed after the year-end, includes the takeover of 21 service stations in Central and Southern Jutland. Following the acquisition, the Danish Shell network has expanded by more than 10% to a total of 216 stations, strengthening our national footprint and supporting the continued development of our retail business.For the coming year, the activity level and financial result are expected to be in line with this year’s. Profit before tax is forecast to be in the range of TDKK 170,000 to TDKK 185,000. The expected development reflects that the result for the current year was positively impacted by non-recurring items, while the strengthened network following the acquisition is expected to contribute positively to earnings, combined with a continued focus on cost control. Market outlineGeneral market development for refined oil products is driven by developments in the transport sector, which remains the largest driver of oil consumption in Denmark. At the same time, the market is undergoing structural change, influenced by the ongoing transition in the energy system and the continued shift toward electric mobility. As a result, consumption of traditional road fuels continues to decline, reflecting changes in the composition of the transport sector and evolving customer behaviour.Public-sector investments continue to drive structural changes aimed at reducing CO2 emissions. Specific political measures have been implemented to increase the share of biologically based components in oil products, and there remains a political focus on expanding the use of renewable energy, including the promotion of low- and zero-emission vehicles. The requirement for the share of bio-based content is expected to increase further in 2027.The regulatory framework continues to support this development. From 1 January 2028, the introduction of the EU emissions trading scheme for the transport sector (ETS2) is expected to further influence the market.Within the mobility segment, the transition towards electric vehicles continues to accelerate. The pace of electrification has been faster than initially anticipated, supported by continued regulatory developments as well as changing consumer behaviour.At the same time, demand patterns are evolving as changes in customer behaviour increasingly influence how mobility services are consumed across the market.In response to these developments, we support this transition by further developing a nationwide high-speed charging network and offering charging solutions for homes, workplaces, and public use. Corporate social responsibilityWith reference to section 99a (7) of the Danish Financial Statements Act, no full CSR report has been prepared, as this is included in the DCC Group’s reporting. Reference is made to the DCC Group’s annual report and that of the parent company, DCC plc: https://www.dcc.ie/~/media/Files/D/Dcc-Corp-v3/documents/investors/annual-and-sustainability-reports/2025/annual-report-2025.pdfThe Company’s CSR polices cover intellectual capital, which has been accounted for in the following.Intellectual capitalSales and distribution of refined oil products requires intellectual capital and skills regarding leadership and management of people and business processes.This is handled operationally through the group entity, DCC Energi Center A/S, and independent carriers and partners within logistics, IT and other partners bound by contract.To continuously serve our market effectively, it is decisive that the Company’s business partners can recruit and retain employees with a broad skills base particularly within human and commercial processes and disciplines directed at due diligently to promote a safe and reliable conduct of business.Distribution of refined oil products relies profoundly on knowledge and competencies in people and process management. Operationally, this is managed through DCC Energi Center A/S and external partners in logistics, IT and other partners bound by contract. Diversity and equalityWe have defined diversity and equality policies to ensure a workplace offering equal opportunities. Employment and promotional decisions are based on competencies and experience. Diversity is encouraged through investment in employee development and a culture that values different perspectives.   Policies are integrated into the employee handbook and promote a fair, inclusive workplace with a strong focus on gender diversity across business functions.Statement of policy for data ethicsWe use various types of data as part of our daily operations and are committed to legal compliance in data collection, processing, and storage, including the following: Customer data: Customer and delivery information required to complete sale, deliver and invoicing of products and services.Supplier data: Supplier information required to complete purchases of supply and other services.HR data: Personal data on employees to fulfill legal or personal requirements.Other data: Financial data generated for internal measurement/controlling purposes and external regulatory reporting, contractual data from mergers and acquisitions, and contractual data from CAPEX investments.Personal data is processed carefully, with respect, so that it is kept private and dealt with in accordance with the wishes of the person the information is about.DCC Energi is committed to protecting personal data and ensuring that appropriate organisational and technical measures are in place to protect any data collected. Training and raising awareness on all aspects of data handling, including data ethics, data security and proper handling of personal data is mandatory for all employees throughout the organization. On an ongoing basis employees participate in code of conduct and data security training programs.    Governance related to data security and data ethics are monitored by our IT department. The principles in our IT policy are reviewed and revised on an ongoing basis to among other things reflect evolving technologies, change in regulatory landscape, and understanding of the risks and benefits to individuals and society of data use.   The DCC Energi’s Information Security Policy can be found on our webpage: https://www.dccenergi.dk/wp-content/uploads/2024/06/dccit.pdf 3501175000 3874781000 2994155000 3344675000 311984000 333561000 195036000 196545000 0 0 24012000 31029000 171024000 165516000 6469000 8211000 5404000 6816000 172089000 166911000 38297000 35106000 133792000 131805000 70000000 130000000 63792000 1805000 2283000 2758000 1136000 2775000 112000 1009000 3531000 6542000 103044000 100546000 94039000 96463000 59258000 36563000 327759000 82428000 584100000 316000000 8337000 6988000 0 3581000 8337000 10569000 595968000 333111000 200939000 148870000 200939000 148870000 390503000 365883000 742002000 721553000 15199000 65079000 15589000 15342000 7439000 0 30893000 5368000 1201625000 1173225000 70776000 42245000 1473340000 1364340000 2069308000 1697451000 150000000 150000000 355146000 291354000 70000000 130000000 575146000 571354000 29287000 29287000 29287000 29287000 282050000 76138000 282050000 76138000 33222000 12348000 717623000 527157000 197927000 318997000 0 6890000 234053000 155280000 1182825000 1020672000 1464875000 1096810000 2069308000 1697451000 150000000 291354000 130000000 -130000000 63792000 70000000 150000000 355146000 70000000 The contributed capital consists of shares of nom. DKK 100 and multiple hereof. The capital is split into nom. 1.500.000 shares. The shares are not divided into share classes.   No changes have been made to the share capital for the last 5 years. The annual report of DCC Energi Mobility A/S for 2024/25 has been prepared in accordance with the provisions of the Danish Financial Statements Act ap­plying to large en­ter­pri­ses of re­por­ting class C.The accounting policies applied are consistent with those of last year. However, minor updates have been made to the description of revenue recognition to better reflect the principles applied.The annual report for 2025/26 is pre­sen­ted in TDKK. Comparative figures have been restated as a correction of errors.The monetary impact on the comparative figures is as follows: Change in revenue, 2024/25, from TDKK +4,729,399 to TDKK +3,874,781 by TDKK -854,618. Change in cost of sales, 2024/25, from TDKK -4,199,394 to TDKK -3,344,675 by TDKK +854,618. Change in trade receivables, 2024/25, from TDKK +269,962 to TDKK +365,883 by TDKK +95,921. Change in prepayments, 2024/25, from TDKK +101,289 to TDKK +5,368 by TDKK -95,921.The accounting policies are otherwise consistent with those of last year. The accounting policies are otherwise consistent with those of last year. Income is recognised in the income statement as earned, including value adjustments of financial assets and liabilities. All expenses, including amortisation, depreciation and impairment losses, are also recognised in the income statement.Assets are recognised in the balance sheet when it is probable that future economic benefits will flow to the company and the value of the asset can be measured reliably.Liabilities are recognised in the balance sheet when it is probable that future economic benefits will flow from the company and the value of the liability can be measured reliably.On initial recognition, assets and liabilities are measured at cost. On subsequent recognition, assets and liabilities are measured as described below for each individual accounting item.Certain financial assets and liabilities are measured at amortised cost using the effective interest method. Amortised cost is calculated as the historic cost less any installments and plus/less the accumulated amortisation of the difference between the cost and the nominal amount.On recognition and measurement, allowance is made for predictable losses and risks which occur before the annual report is presented and which confirm or invalidate matters existing at the balance sheet date. Segment information is not provided neither on business segments nor on geographical markets as the Company only markets a segment to one market - sales and distribution of fossil fuels in Denmark. Revenue is recognised in accordance with the principles of IFRS 15, which is applied as an interpretative basis.   Revenue is recognised when control of the goods is transferred to the customer, which for the Company typically occurs upon delivery.   Excise duties are included in revenue, where the Company is responsible for their settlement with the authorities.   Revenue is measured at the transaction price agreed with the customer, excluding VAT and presented net of discounts.   The Company acts as principal in its revenue streams where it controls the goods before they are transferred to the customer. Accordingly, revenue is recognised on a gross basis.   For transactions where the Company acts as an agent, revenue is recognised on a net basis, reflecting the margin or commission earned. Cost of sales comprise consumption of goods and consumables used for obtaining revenue for the period. Other external expenses include expenses related to distribution, sale, advertising, administration, premises, bad debts, etc. Depreciation, amortisation and impairment of intangible assets and property, plant and equipment comprise the year's depreciation, amortisation and impairment of intangible assets and property, plant and equipment. Financial income and costs are recognised in the income statement at the amounts relating to the financial year. Net financials include interest income and expenses, financial expenses relating to leases, realised and unrealised foreign currency transactions and surcharges and allowances under the advance-payment-of-tax scheme, etc. The company is subject to the Danish rules on compulsory joint taxation.On payment of joint taxation contributions, the current Danish income tax is allocated between the jointly taxed entities in proportion to their taxable income. Entities with tax losses receive joint taxation contributions from entities that have been able to use tax losses to reduce their own taxable profits.Tax for the year, which comprises the current tax charge for the year and changes in the deferred tax charge, is recognised in the income statement as regards the portion that relates to the profit/loss for the year and directly in equity as regards the portion that relates to entries directly in equity. Goodwill, acquired customer relations and softwareAcquired goodwill, acquired customer relations and software are measured at cost less accumulated amortisation and impairment losses.    Goodwill, software and acquired customer relations are amortised on a straight-line basis over the estimated useful life determined on the basis of Management's experience within the individual business areas and are longest for strategically acquired entities with a strong market position and long-term earnings profile. The basis of amortisation calculated as cost less any projected residual value is provided on a straight-line basis over the estimated useful life, which are as follows:    Goodwill 10 years Acquired customer relations 1-10 years Software 3-5 years Items of land and buildings, plant and machinery and fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses.The depreciable amount is cost less the expected residual value at the end of the useful life. Land is not depreciated.Cost comprises the purchase price and any costs directly attributable to the acquisition until the date when the asset is available for use. The cost of self-constructed assets comprises direct and indirect costs of materials, components, sub-suppliers and wages.Straight-line depreciation is provided on the basis of the following estimated useful lives of the assets:  Useful life Buildings 50 years  Fixtures and fittings, tools and equipment 5 years  The useful life and residual value are re-assessed annually. A change is accounted for as an accounting estimate, and the impact on amortisation/depreciation is recognised going forward. The Company recognise a right-of-use asset and a lease liability at the commencement date, for all lease agreements, that the Company has entered into as lessee, except short-term leases and leases of low value asset.    Upon initial recognition, the right-of-use asset is measured at cost corresponding to the lease liability recognised, adjusted for any lease prepayments or directly related costs including any dismantling and restoration costs.   The lease liabilitiy is initially measured at the present value of the future payments from lease components, discounted using an appropriate incremental DCC borrowing rate. The lease liability is subsequently measured by increasing the carrying amount, to reflect interest and by reducing the carrying amount to reflect the lease payments made. Further lease liabilities are changed when reameasurements are needed, corresponding adjustment is the related right-of-use asset.    In determining the lease period extension, options are only included if it is reasonably certain they will be utilised.    Gain or loss from a lease modification, not accounted for as a separate lease, is recognised in profit and loss.The right-of-use assets are amortised over its expected leaseperiod, according to the straight-line method.   Property 1-20 years    Right-of-use assets and lease liabilities are not recognised for low value lease assets or leases with a lease term of 12 months or less. These are recognised as an expense on a straight-line basis over the term of the lease.   In accounting for lease contracts, various judgements are applied in determining right-of-use assets and lease liabilities. Judgements include assessment of lease periods, utilisation of extension options and applicable discount rates. In addition, significant estimates have been applied in determining these in relation to the implementation of IFRS 16. Investment in associates are measured at cost. If cost exceeds the recoverable amount, a write-down is made to this lower value.   Dividend is recognised in the income statement at the date of declaration. Stocks are mea­sured at cost using the FIFO method.  Where the net realisable value is lower than the cost, inventories are recognised at this lower value.The cost comprises the purchase price plus delivery costs.The net realisable value of stocks is calculated as the expected selling price less direct costs of completion and expenses incurred to effect the sale. The net realisable value is determined taking into account marketability, obsolescence and expected selling price movements. The carrying amount of intangible assets, property, plant and equipment and investments in associates is tested for impairment, other than what is reflected through normal amortisation and depreciation, on an annual basis.Where there is evidence of impairment, an impairment test is performed for each individual asset or group of assets. Write-down is made to the lower of the recoverable amount and the carrying amount.The recoverable amount is the higher of the net present value and the value in use less expected costs to sell. The net present value is determined as the present value of the anticipated net cash flows from the use of the asset or group of assets and the anticipated net cash flows from the disposal of the asset or group of assets after the end of their useful life. Receivables are measured at amortised cost.An impairment loss is recognised if there is objective evidence that a receivable or a group of receivables is impaired. If there is objective evidence that an individual receivable is impaired, an impairment loss for that individual asset is recognised. Prepayments recognised under 'Current assets' comprises expenses incurred concerning subsequent financial years. DividendsProposed dividends are disclosed as a separate item under equity. Dividends are recognised as a liability when declared by the annual general meeting of shareholders. Provisions are recognised when the Company, as a result of an event occurring no later than at the balance sheet date, has a legal or constructive obligation, and it is probable that there will be an outflow of economic benefits to settle the liability. Current tax liabilities and current tax receivables are recognised in the balance sheet as the estimated tax on the taxable income for the year, adjusted for tax on the taxable income for previous years and tax paid on account.Joint taxation contributions payable and receivable are recognised in the balance sheet as 'Joint taxation contributions receivable' or 'Joint taxation contributions payable'.Deferred tax is measured according to the liability method in respect of temporary differences between the carrying amount of assets and liabilities and their tax base, calculated on the basis of the planned use of the asset and settlement of the liability, respectively. Deferred tax is measured at net realisable value.Deferred tax is measured according to the tax rules and at the tax rates applicable in the respective countries at the balance sheet date when the deferred tax is expected to crystallise as current tax. Deferred tax adjustments resulting from changes in tax rates are recognised in the income statement, with the exception of items taken directly to equity. Current liabilities, which include trade payables, payables to group entities and other payables, are measured at amortised cost, which is usually equivalent to nominal value. On initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Foreign exchange differences arising between the exchange rates at the transaction date and at the date of payment are recognised in the income statement as financial income or financial expenses. No cash flow statement has been prepared for the parent company, as the parent company's cash flows are included in the consolidated cash flow statement, see section 86(4) of the Danish Financial Statements Act. No cash flow statement has been prepared for the parent company, as the parent company's cash flows are included in the consolidated cash flow statement, see section 86(4) of the Danish Financial Statements Act. EBIT marginEarnings before interest and taxes (EBIT) x 100RevenueReturn on assetsEarnings before interest and taxes (EBIT) x 100Average assetsSolvency ratioEquity at year end x 100Total assetsReturn on equityNet profit for the year x 100Average equity 0 0 The company does not have any employees as the company’s activities are handled by the Management and employees employed in the affiliate, DCC Energi Center A/S. During 2025/26 the company has bought management and employee assistance for TDKK 68,791 (2024/25: TDKK 62,687), corresponding to an average of 76 full time employees (2024/25: 76). According to section 98 B(3) of the Danish Financial Statements Act, renumeration to the executive board has not been disclosed. 3011000 2989000 46737000 37708000 24012000 31029000 2672000 5882000 537000 2329000 3260000 0 6469000 8211000 450000 391000 0 4161000 4954000 2264000 5404000 6816000 38162000 36889000 381000 -3616000 -246000 1833000 18164000 10333000 8968000 18164000 10333000 8968000 -15406000 -7558000 -7959000 -475000 -1639000 -897000 -15881000 -9197000 -8856000 2283000 1136000 112000 126791000 187795000 138730000 36563000 0 0 264942000 50941000 -385000 -2388000 -2924000 0 10579000 17667000 0 -28246000 136985000 203074000 400748000 59258000 26245000 91332000 56302000 0 7827000 19779000 19131000 0 -131000 -2076000 -2444000 0 33941000 -109035000 72989000 0 103044000 94039000 327759000 59258000 6988000 6988000 1349000 0 8337000 6988000 8337000 6988000 Tank Reinsurance S.A. Luxembourg 30 47714 3062 Balance at beginning of year at 1 April 29,28726,599Provision in year 02,688Balance at 31 March 29,28729,287The expected due dates of other provisions are: Within one year 5,5265,526Between 1 and 5 years 10,81110,811Over 5 years 12,95012,950 29,28729,287 29287000 26599000 29287000 29287000 5526000 5526000 10811000 10811000 12950000 76138000 315272000 33222000 149333000 No events have occurred after the balance sheet date that may materially affect the Company's financial position. Guarantee and warranty commitments41,77534,59041,77534,590The Company has guaranteed towards retailers' suppliers for renting of machines and purchase of goods and guaranteed towards individual retailers' loans to external party.    The Company is jointly taxed with other Danish entities in the DCC Group and is liable with the other jointly taxed companies for the total corporation tax and any liabilities to pay witholding taxes on interest, royalties and for dividends for the jointly taxed companies.Other contingent liabilities not recognised in balance sheetThe company has no material other obligations at the reporting date. DCC Holding Denmark A/S Østbanegade 123, 2100 Copenhagen ØDCC Energi Center A/S Østbanegade 123, 2100 Copenhagen Ø   DCC Energi Danmark A/S Østbanegade 123, 2100 Copenhagen Ø   DCC & Shell Aviation Denmark A/S Østbanegade 123, 2100 Copenhagen Ø   DCC Energiservice Center A/S Østbanegade 123, 2100 Copenhagen Ø   DCC Biogas Holding A/S Østbanegade 123, 2100 Copenhagen Ø   Exertis Captech Denmark ApS Østbanegade 123, 2100 Copenhagen Ø   Solcellekraft AS Idrettsvegen 103, 5353 Straume, Norway   DLG Service A/S Ballesvej 2, 7000 Fredericia   team energie GmbH & Co. KG Team Alle 22, 24392 Süderbrarup, Germany   DCC Holding A/S Østbanegade 123, 2100 Copenhagen Ø   DCC plc and subsidiaries and associated thereto Leopardstown Road, Foxrock, Dublin 18, Ireland   Members of the Board of Directors and the Executive Board are mentioned under company details.According to the company’s register of shareholders, the following shareholder holds at least 5% of the votes or at least 5% of the share capital: Transactions entered into related parties: Income from sale to related parties amounts to TDKK 2,083,198. Financial income from related parties amounts to TDKK 2,672. Other external expenses purchased from related parties amounts to TDKK 110,019.   The Company has cash of a total TDKK 356,604 included in the DCC Group's International cash pool which is included in the balance sheet item "receivables from affiliated entities". Pursuant to section 96(3) of the Danish Financial Statements Act, the Company has omitted to disclose fee to auditor appointed by the annual general meeting. Reference is made to the consolidated financial statements for DCC plc.