The Company's principal activities
The Company's principal activities compromise holding of shares in KMD A/S, which is 100% owned.
Development in activities and financial matters
The Company's Income Statement of the financial year 1 April 2020 - 31 March 2021 shows a result of TDKK -1.591 and the Balance Sheet at 31 March 2021 shows a balance sheet total of TDKK 2.406.997 and an equity of TDKK 2.063.739.
The effect of COVID-19 is limited on the Company due to the nature of activity. Management also assessed that the there is no effect on the valuation of the long-term investments in group enterprises due the unusual circumstances.
Subsequent events
After the end of the financial year, no events have occurred which may change the financial position of the entity substantially.
Development in activities and financial matters
The Company's Income Statement of the financial year 1 April 2020 - 31 March 2021 shows a result of TDKK -1.591 and the Balance Sheet at 31 March 2021 shows a balance sheet total of TDKK 2.406.997 and an equity of TDKK 2.063.739.
The effect of COVID-19 is limited on the Company due to the nature of activity. Management also assessed that the there is no effect on the valuation of the long-term investments in group enterprises due the unusual circumstances.
24-06-2021