Framm ApS

The Company's main activity consists of delivering administration and IT services to group companies.

The income statement of the Company for 2025 shows a profit of DKK 7,578,300, and at 31 December 2025 the balance sheet of the Company shows an equity of DKK 52,280,959.

The development in the year reflects that the Group’s cost and activity level have been lower than the previous year, resulting in a lower activity level for the Company, which operates primarily as an administration entity.

The expectations on the result for 2026 will be an increase in profit of around 5-10%.

The result for 2025 is satisfactory considering the development in the Group, but fell short of Management's expectations stated in the annual report of 2024. The development is due to lower-than-expected growth in the Group as a whole, as the Company acts as an administration entity and is therefore dependent on the overall development in the Group’s activities.

Research and development

Inpay Services ApS is focused on investing in the right people and business architecture – including processes, data, system applications, and technology - to enhance compliance and operational efficiency across its group companies.…

Other than what is mentioned in note 1, recognition and measurement in the Annual Report have not been subject to any uncertainty.

The financial position at 31 December 2025 of the Company and the results of the activities and cash flows of the Company for the financial year for 2025 have not been affected by any unusual events.

No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date.

Rental and lease obligationsLease obligations, period of non-terminability 12 months

2,097,162…