Codeable Holding III ApS

The principal activities comprise of owning shares in Codeable Holding ApS.

Development in activities and financial and economic position

The subsidiary Codeable ApS has issued a letter of support to the company, in which the subsidiary declares that it will, through necessary contributions, assume responsibility for up to DKK 20,000, thereby ensuring the company's continued operations. Based on this letter of support and the management's assessment of the company's prospects for future earnings, the management believes that the company can continue its operations, and therefore, the annual report has been prepared with the expectation of continued operations.

Significant events after the end of the financial year

No events have occurred after the end of the financial year of material importance for the Company's financial position.

Joint liabilitiesThe Company is jointly and severally liable together with the Parent Company and the other group companies in the joint taxable group for tax on the group’s joint taxable income and for certain possible withholding taxes, such as dividend tax, etc.

Tax payable on the Group’s joint taxable income is stated in the annual report of Codeable Holding II ApS, which serves as management Company for the joint taxation.