DRIVERSNOTE ApS

Driversnote is an international mileage tracking platform. We empower people all over the world to easily track and report their business trips. ​ ​The purpose of our company is to provide a hassle free experience in mileage tracking and reporting. We do this through continued development, support, and product-led sale of our SaaS product, as well as the purchase, sale,​and distribution of related hardware. ​ ​Our service is offered in a freemium model, where our users can try a limited version of the service for free and then subscribe either via monthly or annual payment to obtain the service's full functionality. When creating an annual subscription, a piece of physical hardware is sent at no additional cost, which improves the user's overall experience.

Development in activities and finances

The financial year 2025 was characterised by a material ownership transaction completed on 3 October 2025, whereby a new ownership structure was established and control was obtained through a holding structure. As part of the transaction, VIA Equity Fund V K/S acquired 40% of the share capital of Driversnote TopCo ApS. ​ ​The transaction was financed through a combination of equity contributions and debt financing, including vendor ​financing. A purchase price allocation was performed as of the acquisition date. The excess of the purchase consideration over the fair value of the identifiable net assets acquired has been recognised as goodwill in the consolidated financial statements and is amortised over its expected useful economic life. ​ ​The trans…

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 in which Driversnote TopCo 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, relating to the withholding of tax on interest, royalties and dividend for the jointly taxed entities. The total known net liability of the jointly taxed entities under the joint taxation arrangement is evident from the administration company’s financial statements. ​ ​The Entity participated in a Danish Joint taxation arrangement with Buisness Development ApS until 02.10.2025 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, relating to the withholding of tax on interest, royalties and dividend​for the jointly taxed entities. The total known net liability of the jointly taxed entities under the joint taxation arrangement is evident from the administration company’s financial statements.