Driversnote MidCo ApS
Key figures
- Return on assets
- –
- Return on equity
- -2.1%
- Current ratio
- 16.1%
- Equity ratio
- 81.5%
Profit and loss
| Reporting period | |
|---|---|
Gross profit | -6,391,102 |
Tax expense | -337,106 |
Profit/loss for the year | -10,146,383 |
Employees
| Reporting period | |
|---|---|
Avg. employees | 0 |
Balance sheet
| Reporting period | |
|---|---|
Cash and cash equivalents | 3,448,355 |
Current assets | 3,785,461 |
Non-current assets | 593,689,668 |
Total assets | 597,475,129 |
Equity | 486,771,617 |
Liabilities | 110,703,512 |
Current liabilities | 23,501,012 |
Working capital
| Reporting period | |
|---|---|
Trade payables | 20,875 |
Capital and dividend
| Reporting period | |
|---|---|
Contributed capital | 20,002 |
Retained earnings | 486,751,615 |
Investments and assets
| Reporting period | |
|---|---|
Long-term investments and receivables | 593,689,668 |
Annual report highlights
Business and development
The objects of the company are to hold shares in Driversnote ApS.
Description of material changes 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 economi…
Risks and material matters
No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.
Commitments and security
The Entity participates in a Danish joint taxation arrangement where Driversnote TopCo ApSserves as the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity istherefore 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.
6 Assets charged and collateral
Bank loans are secured by way of a deposited mortgage deed registered to the mortgagor on investments in subsidaries of DKK 52.500 nominal. The carrying amount of mortgaged investments in subsidaries is DKK 592,979k.The company’s loan agreement with the bank includes a number of covenants based on operational performance. In the event that the covenants are not complied with, the bank has the right to demand immediate repayment of the loan.