Rødovre MidCo ApS

The main activity of Rødovre MidCo ApS is the strategic ownership and management of equity interests in Rødovre Red- Yellow PropCo P/S, Rødovre Station ApS, Rødovre Tower ApS and Rødovre GP ApS as well as related activities. By the end of 2025 the portfolio's total lettable area is 37.135 sqm.

Rødovre MidCo ApS was merged with its former parent company VIGA-PREC DNK ApS with accounting effect as of 1 January 2025. The merger has been accounted for in accordance with applicable accounting standards. Comparative figures have not been restated to reflect the effects of the merger.

The groups main activity is investment in, rental and management of real estate located in Rødovre and related activities.

Financial review

The Group’s operations developed in line with management’s expectations at the beginning of the year, with stable underlying rental activity and a robust NOI performance from the property portfolio. Revenue increased slightly to DKK 76.7 million from DKK 76.0 million in 2024, while gross profit improved to DKK 56.5 million compared to DKK 51.0 million last year, reflecting continued stable occupancy levels and controlled operating costs.…

Expected development of the company, including specific prerequisites and uncertaintiesThe Group expects the property portfolio to continue delivering stable and robust operational performance in the coming years, supported by stable occupancy levels and continued demand for residential rental properties in the Copenhagen area. Management expects interest rates and financing conditions to remain relatively stable during 2026.

For 2026, management expects the underlying operating performance, excluding fair value adjustments of investment properties, to remain positive and in line with the current year. The Group expects gross profit to be in the range of DKK 55-60 million, while operating profit before fair value adjustments (EBIT) is expected to be in the range of DKK 50-55 million.…

Recognition and measurement uncertaintiesThe recognition and measurement of items in the annual report is not associated with any uncertainty.

The Group’s investment properties are measured at fair value. The calculation of fair value takes place as mentioned in the used accounting policy using a return-based cash flow model. The determined required return of investments for each property is expected to reflect the market’s current required rate of return for a similar property. This method involves a certain degree of uncertainty but is selected to best ensure consistent market values for identical properties

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

Joint taxationThe company acts as administration company for the group of companies subject to the Danish scheme of joint taxation and is unlimitedly, jointly, and severally liable, along with the other jointly taxed companies, to pay the total corporation tax.

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 or withholding taxes, etc., may result in changes in the company's liabilities.

Land and buildings at a carrying amount of DKK 1.572.000 thousand at 31 December 2025 have been provided as security for mortgage debt totalling DKK 882.627 thousand.