Chest Topco ApS

The Company's main activity is to own shares in related companies.

No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.

The Entity participates in a Danish joint taxation arrangement where Pitzner Gruppen Holding A/S serves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is​therefore liable for income taxes etc for the jointly taxed entities, and for obligations, if any, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements.

6 Assets charged and collateral

The group is joint and severally liable for its loan from Nykredit Bank for the total of DKK 161,856k.

​​​ ​​​Investments in subsidiaries pledge as security for bank debt in the subsidiaries. ​​​​ ​Bank loans are secured by way of a deposited mortgage deed registered to the mortgagor on investments in subsidiaries of DKK 97,749k nominal. The book value of the mortaged assets is DKK 188,233k.