1STMOVERS ApS

As in previous years, the main activity in 1StMovers ApS is consultancy services concerning IT as well as holding shares in its subsidiary. The group's main activities are digital advertising activities. The group provides services to a broad range of clients, helping them optimize their online presence through data driven marketing solutions.

Financial review

The group's income statement for the year ended 31 December 2025 shows a revenue of DKK 137.452.393 and a profit of DKK 6.212.775. The balance sheet at 31 December 2025 shows equity of DKK 33.530.820.…

Expected development of the company, including specific prerequisites and uncertaintiesThe digital advertising market is expected to continue under mature and competitive conditions in 2026. Within this environment, the group expects to maintain its market position and strengthen its share within selected segments through continued commercial focus and strategic investments.

Net revenue is expected to increase by 8–10% in 2026, supported by investments in sales capabilities, ongoing product development, and expansion into adjacent revenue areas.

Profit before net financial items is expected between DKK 12-13 million, and profit after tax is expected between DKK 9-10 million.

Recognition and measurement uncertaintiesThe group's Other Fixed Asset Investments are measured at fair value based on the latest capital increase, conducted as a market-based, arm’s-length transaction involving nearly all shareholders. Given the timing and unchanged conditions, this is considered a reasonable estimate of fair value. However, as there is no active market, the valuation is subject to uncertainty. For further details, see Note 10.

No other items in the annual report are associated with any uncertainty.

The group measures other fixed asset investments at fair value. These equity investments are valued based on a recent capital increase, which was a market-based, arms lenght transaction involving a majority of shareholders, indicating a fair value.

The valuation is subject to uncertainty, as there is no market for these shares. Consequently, the fair value assesment relies on the most recent transaction price, which may not fully reflect the current market value. Future market conditions, financial performance, or other relevant factors could impact the actual realizable value of the investments.

The group's financial position at 31 December 2025 and the results of its operations and cash flows for the financial year ended 31 December 2025 are not affected by any unusual matters.

No events have occurred after the balance sheet date which could significantly affect the the group's financial position.

Recourse and non-recourse guarantee commitmentsAs management company, the company is jointly taxed with other danish related parties and jointly and severally liable with other jointly taxed entities for payment of income taxes as well as for payment of withholding taxes on dividends, interest and royalties.

The company is unlimitedly, jointly and severally liable along with the other jointly taxed companies, for any obligations to withhold tax on interest, royalties and dividends.

Any subsequent adjustments of corporate taxes etc., may result in changes in the company's liablilities.