K Invest Holding ApS

The company's purpose is to own shares, stocks, and other investment instruments, as well as consultancy and other advisory services.​​The company's investments in group enterprises comprise among other a portfolio of investments in Spanish real estate companies. The accounting policy adopted for properties held by the Spanish real estate companies is​the cost model, net of depreciation. Management has commissioned independent broker valuations of the Spanish properties, which substantially exceeds their carrying amounts. Accordingly, Management's assessment is that the fair value of the Spanish real estate companies materially exceeds the carrying value of the Company's equity interests.​​The company's cash have been reduced from DKK 26.928k to 546k - this is mainly due to financing of the purchase of Rungsted Strandvej in the group enterprise Ejendomsselskabet af 2021 ApS.