M-Tec Holding Danmark ApS

The purpose for M-Tec Holding Danmark ApS is to hold shares in M-tec Danmark ApS.

The income statement of the Company for 2021 shows a profit of DKK 984,613, and at 31 December 2021 the balance sheet of the Company shows equity of DKK 1,538,892,038.

During the year M-tec Holding Danmark ApS has been acquired by HG Capital. The acquisition did not change the key activities for M-tec Holding Danmark ApS.

The group companies are jointly and severally liable for tax on the jointly taxed incomes etc of the Group. The total amount of corporation tax payable is disclosed in the Annual Report of Galaxy Holdco ApS, which is the management company of the joint taxation purposes. Moreover, the group companies are jointly and severally liable for Danish withholding taxes by way of dividend tax, tax on royalty payments and tax on unearned income. Any subsequent adjustments of corporation taxes and withholding taxes may increase the Company’s liability.

M-Tec Holding Danmark ApS was the administration company for Danish joint taxation for the group up until final takeover at 3rd june 2021.