Northstake ApS

Northstake is a regulated digital asset service provider for institutional investors and regulated financial institutions.

Northstake offers regulator-compliant staking solutions that enhance liquidity management while operating in compliance with current crypto asset regulations and observing future regulatory requirements. Northstake is transforming how regulated financial institutions stake digital assets.…

2.Uncertainty concerning recognition and measurement

In the financial statements for 2025, it is important to note the following uncertainty as regards recognition and measurement as it has had a significant influence on the assets and liabilities recognised in the financial statements:

The company has a deferred tax asset of DKK 6,3 million, which is recognized in the balance sheet as of December 31, 2025. This deferred tax asset can be attributed to carried-forward tax losses. The deferred tax asset has been assessed and recognized based on budgets for the period 2026 – 2028, during which earnings are expected to improve significantly. If the actual results for 2026 – 2028 deviate from expectations, this could impact the valuation of the tax asset.

Subsequent to the balance sheet date, the market value of the Company's inventory has declined significantly due to developments in the cryptocurrency markets. As the decline occurred after the balance sheet date, it has not been recognised in the financial statements.