FreeSense ApS

The company's purpose is to develop, manufacture, market and sell/license sensor technology. The company's income statement for 2021 shows a loss of DKK 13,304k and the company's balance sheet per. ​31 December 2021 shows a negative equity of DKK 15,268k. The Company has lost its share capital and is subject to the provisions of the Danish Companies Act on capital losses. Management expects that the share capital can be re-established through capital increase and/or future earnings. Going concern The company's continued operations, depends on the realizations of expected growth in income and/or capital injections from investors. Management expects to realizes the growth. If growth is lower than budget, management except that current and potential new investors will provide additional capital to the company during 2022.