Adnami ApS

Like previous years, the principal activities has been the development and sale of software for use by ​media and advertisers in the digital advertising market and related activities.

Development in activities and finances

The annual report has been prepared based on the assumption of compliance with the going concern. The company's operating budgets show significant growth in operating activities and the company's liquidity budget demonstrates sufficient liquidity throughout the year. ​ ​The portion of the company's short-term debt obligations relating to debt to affiliated companies will not be called in by the parent company.

The Company has recognised development projects at cost in the annual report. The recognition of development projects is subject to uncertainty, but Management firmly believes that the development projects give a true and fair view based on the expectations for the future. For more details, see note 5 to the financial statements.

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 where QNTM Adtech SW BidCo ApSserves 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.

11 Assets charged and collateral

As security for debts to other credit institutions, a corporate mortgage nom. DKK 13,550 thousand in receivables and fixed assets. ​ ​The accounting value of the pledged assets amounts to a total of DKK 31,409 thousand.