Marvel ApS

The company’s objects are to hold, directly or indirectly, shares or other financial instruments in 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 wherePG Development ApS 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.

7 Assets charged and collateral

Bank loan of DKK 112,500,000 is secured by all current and future intercompany recivables from PG Development​ApS. The carrying amount of Intercompany receivables from PG Development ApS is DKK 0 per 31.12.2025. ​ ​Furthermore bank loan of DKK 112,500,000 is secured with pledge in non-quoted shares in Autorola Group Holding A/S. The carrying amount of the share is DKK 1,022,132,990 per 31.12.2025.