Subscribed ApS

Description of key activities of the companySubscribed operates a leading subscription-based business delivering coffee capsules, razor blades, and related accessories directly to consumers. The company has established a strong position within its niche, driven by a scalable model and high customer retention.

Significant changes in the company's activities and financial mattersThere have been no significant changes in activities and financial matters.

Gross profit increased to DKK 8.494 thousand from DKK 7.915 thousand last year, driven by continued customer growth and a successful launch and early traction of the Elome brand.…

The company will continue to scale its subscription platform by expanding existing brands, launching new concepts, and entering selected international markets. Management sees significant growth potential and aims to strengthen profitability alongside continued revenue expansion.

7.Contractual obligations and contingencies, etc.

The company has entered into operational leases with an average annual lease payment of DKK 221 thousand. The leases have up to 59 months remaining and total outstanding lease payments total DKK 945 thousand.…

6.Charges and securityFor bank loans, DKK 3.291 thousand, the company has provided security in company assets representing a nominal value of DKK 5.000 thousand. This security comprises the assets below, stating the carrying amounts:

DKK in thousands…