Development in activities and financial matters
The gross profit for the year totals DKK 6.645.000 against DKK -58.000 last year. loss from ordinary activities after tax totals DKK -6.255.000 against DKK -61.000 last year. Management considers the net loss for the year unsatisfactory.
Uncertainty about going concern There is material uncertainty, which may raise significant doubts about the company's ability to continue operations. The Covid-19 situation has had a significant negative effect on the company's earnings and liquidity. It is management's expectation that earnings for the remainder of 2022 will be positive. There's on the time of the approval of the financial statements, no formal agreement has been entered into with the companys financing partners about extension of current credits and loans, but it is management's expectation that this will be achieved and that the liquidity thereby will be sufficient to continue operations. There is a natural uncertainty attached to this condition.
07-07-2022