PostalPay Technologies ApS
Key figures
- Return on assets
- -256.7%
- Return on equity
- –
- Current ratio
- 19.5%
- Equity ratio
- -412.4%
Profit and loss
| Reporting period | |
|---|---|
Gross profit | -8,249,496 |
Operating profit | -12,055,249 |
Finance income | 71,470 |
Finance expenses | 995,550 |
Tax expense | -2,855,313 |
Profit/loss for the year | -10,124,016 |
Employees
| Reporting period | |
|---|---|
Avg. employees | 1 |
Balance sheet
| Reporting period | |
|---|---|
Cash and cash equivalents | 101,779 |
Current assets | 4,695,512 |
Non-current assets | 1 |
Total assets | 4,695,513 |
Equity | -19,363,464 |
Liabilities | 24,058,977 |
Current liabilities | 24,058,977 |
Working capital
| Reporting period | |
|---|---|
Other current receivables | 415 |
Trade payables | 22,121 |
Capital and dividend
| Reporting period | |
|---|---|
Contributed capital | 40,000 |
Retained earnings | -19,403,464 |
Annual report highlights
Business and development
The object of the Company is to develop and maintain IT-systems and software.
The income statement of the Company for 2024 shows a loss of DKK 10,124,016, and at 31 December 2024 the balance sheet of the Company shows a negative equity of DKK 19,363,464. The Group is planning to merge the Company with the Parent Company during 2025. This have not had any impact on recognition and measurement in the annual report. Capital resources The shareholder has issued a letter of support until 30 June 2026, ensuring PostalPay Technologies sufficient liquidity to continue operating.
Risks and material matters
The Company has received a letter of support from the Parent Company, ensuring that it will be able to continue operating throughout 2025.
The financial position at 31 December 2024 of the Company and the results of the activities and cash flows of the Company for the financial year for 2024 have not been affected by any unusual events.
No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date.
Commitments and security
The group companies are jointly and severally liable for tax on the jointly taxed incomes etc of the Group. The total amount of corporation tax payable is disclosed in the Annual Report of Inpay TopCo ApS, which is the management company of the joint taxation purposes. Moreover, the group companies are jointly and severally liable for Danish withholding taxes by way of dividend tax, tax on royalty payments and tax on unearned income. Any subsequent adjustments of corporation taxes and withholding taxes may increase the Company’s liability.
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