Assets
| Type | Time | Amount | Unit |
|---|---|---|---|
| ifrs-full:Assets | 2020-12-31 | 315065000 | vEUR |
| ifrs-full:Assets | 2019-12-31 | 229601000 | vEUR |
| ifrs-full:Assets | 2020-12-31 | 259767000 | vEUR |
| ifrs-full:Assets | 2019-12-31 | 181304000 | vEUR |
Revenue
| Type | Start date | End date | Amount | Unit |
|---|---|---|---|---|
| ifrs-full:Revenue | 2020-01-01 | 2020-12-31 | 91186000 | vEUR |
| ifrs-full:Revenue | 2019-01-01 | 2019-12-31 | 67449000 | vEUR |
| ifrs-full:Revenue | 2020-01-01 | 2020-12-31 | 26940000 | vEUR |
| ifrs-full:Revenue | 2019-01-01 | 2019-12-31 | 24952000 | vEUR |
XML
See the xml submitted here:
XML: http://regnskaber.virk.dk/31925672/amNsb3VkczovLzAzLzliL2U2L2I3L2RjLzcxNzctNDdhMC1hYzM0LTM5YWZjNjAwZGIwNw.xml
Separator
The full data:
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<xbrli:context id="ctx28">
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<xbrli:scenario>
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<xbrli:scenario>
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<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:context id="ctx40">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2020-01-01</xbrli:startDate>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2019-01-01</xbrli:startDate>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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<xbrli:context id="ctx45">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2019-01-01</xbrli:startDate>
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<xbrli:scenario>
<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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</xbrli:context>
<xbrli:context id="ctx46">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2020-01-01</xbrli:startDate>
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<xbrli:scenario>
<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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</xbrli:context>
<xbrli:context id="ctx47">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2019-01-01</xbrli:startDate>
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<xbrli:scenario>
<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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<xbrli:context id="ctx48">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2020-01-01</xbrli:startDate>
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<xbrli:scenario>
<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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<xbrli:context id="ctx49">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2019-01-01</xbrli:startDate>
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<xbrli:scenario>
<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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<xbrli:context id="ctx50">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2020-01-01</xbrli:startDate>
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<xbrli:scenario>
<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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<xbrli:context id="ctx51">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2019-01-01</xbrli:startDate>
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<xbrli:scenario>
<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInOperatingActivitiesDimension">
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<xbrli:context id="ctx52">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
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<xbrli:context id="ctx59">
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<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<xbrli:startDate>2019-01-01</xbrli:startDate>
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<xbrli:scenario>
<xbrldi:explicitMember dimension="ifrs-full:ConsolidatedAndSeparateFinancialStatementsAxis">ifrs-full:SeparateMember</xbrldi:explicitMember>
<xbrldi:typedMember dimension="ifrs-dk:IdentificationOfComponentOfCashFlowsFromUsedInInvestingActivitiesDimension">
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<xbrli:identifier scheme="http://www.dcca.dk/cvr">27652913</xbrli:identifier>
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<mrv:CorporateGovernanceReport contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Corporate governance</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Corporate Governance Report</td></tr><tr><td colspan="1">Better Collective A/S is a Danish public limited liability</td></tr><tr><td colspan="1">company and is governed by the provisions of the Danish</td></tr><tr><td colspan="1">Companies act. The registered office and headquarters</td></tr><tr><td colspan="1">is situated in Copenhagen, Denmark. Better Collective</td></tr><tr><td colspan="1">has been listed on Nasdaq Stockholm since June 8, 2018,</td></tr><tr><td colspan="1">in the Mid Cap index.</td></tr><tr><td colspan="1">Framework for corporate</td></tr><tr><td colspan="1">governance in Better Collective</td></tr><tr><td colspan="1">The purpose of corporate governance is to</td></tr><tr><td colspan="1">ensure that a company is run sustainably, re-</td></tr><tr><td colspan="1">sponsibly and as efficiently as possible. In Bet-</td></tr><tr><td colspan="1">ter Collective, good corporate governance is</td></tr><tr><td colspan="1">about earning the confidence of shareholders,</td></tr><tr><td colspan="1">business partners, and legislators by creating</td></tr><tr><td colspan="1">transparency in decision-making and process-</td></tr><tr><td colspan="1">es. A well-defined and structured distribution</td></tr><tr><td colspan="1">of roles and areas of responsibilities between</td></tr><tr><td colspan="1">shareholders, the board, and the management</td></tr><tr><td colspan="1">secures efficiency at all levels. Particularly,</td></tr><tr><td colspan="1">it allows the management team to focus on</td></tr><tr><td colspan="1">business development and thereby the cre-</td></tr><tr><td colspan="1">ation of shareholder value. The board of di-</td></tr><tr><td colspan="1">rectors serves as a highly qualified dialogue</td></tr><tr><td colspan="1">partner for the management team supporting</td></tr><tr><td colspan="1">the outlined growth strategy, securing a tight</td></tr><tr><td colspan="1">risk management setup, and optimal capital</td></tr><tr><td colspan="1">structure. The corporate governance is based</td></tr><tr><td colspan="1">on applicable Danish legislation and other</td></tr><tr><td colspan="1">external rules and instructions, including the</td></tr><tr><td colspan="1">Danish Companies Act, Nasdaq Stockholmâs</td></tr><tr><td colspan="1">Rulebook, the Swedish Securities Councilâs</td></tr><tr><td colspan="1">good practices in the stock market, the Swed-</td></tr><tr><td colspan="1">ish Code of Corporate Governance and Better</td></tr><tr><td colspan="1">Collectiveâs guidelines, which include the Arti-</td></tr><tr><td colspan="1">cles of Association, various policies, and other</td></tr><tr><td colspan="1">guidelines. Better Collective has resolved that</td></tr><tr><td colspan="1">it will comply with the Swedish Code instead</td></tr><tr><td colspan="1">of the Danish recommendations on Corporate</td></tr><tr><td colspan="1">Governance, as is customary for companies</td></tr><tr><td colspan="1">listed on Nasdaq Stockholm. The main corpo-</td></tr><tr><td colspan="1">rate laws and rules on governance relevant for</td></tr><tr><td colspan="1">shareholders in a Danish public limited liability</td></tr><tr><td colspan="1">company that is listed on Nasdaq Stockholm,</td></tr><tr><td colspan="1">and complying with the Code, are to a large</td></tr><tr><td colspan="1">extent materially similar to the corresponding</td></tr><tr><td colspan="1">Swedish rules that would apply for a Swed-</td></tr><tr><td colspan="1">ish public limited liability company under the</td></tr><tr><td colspan="1">same circumstances.</td></tr><tr><td colspan="1">The share and shareholders</td></tr><tr><td colspan="1">Better Collective A/S was listed on Nasdaq</td></tr><tr><td colspan="1">Stockholm in the Mid Cap segment on June</td></tr><tr><td colspan="1">8, 2018. The number of shares outstanding</td></tr><tr><td colspan="1">on December 31, 2020 was 46,904,219. Each</td></tr><tr><td colspan="1">share entitles the holder to one vote. The num-</td></tr><tr><td colspan="1">ber of shareholders on December 31, 2020</td></tr><tr><td colspan="1">was 2,983 which is an increase from the 1,086</td></tr><tr><td colspan="1">shareholders at December 31, 2020. The larg-</td></tr><tr><td colspan="1">est shareholders on December 31, 2020 were</td></tr><tr><td colspan="1">Chr. Dam Holding and J. Søgaard Holding (the</td></tr><tr><td colspan="1">co-founders of Better Collective) with each</td></tr><tr><td colspan="1">10,671,179 shares and each representing 23%</td></tr><tr><td colspan="1">percent of the votes and share capital in the</td></tr><tr><td colspan="1">company. Further information on the Better</td></tr><tr><td colspan="1">Collective share and shareholders are availa-</td></tr><tr><td colspan="1">ble in the section Share and shareholders on</td></tr><tr><td colspan="1">page 37 as well as on the companyâs website.</td></tr><tr><td colspan="1">Better Collective</td></tr><tr><td colspan="1">complies with the</td></tr><tr><td colspan="1">Swedish code of</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">corporate governance</td></tr><tr><td colspan="1">with the following</td></tr><tr><td colspan="1">exceptions</td></tr><tr><td colspan="1">As stipulated in Better Collectiveâs</td></tr><tr><td colspan="1">Articles of Association, the board</td></tr><tr><td colspan="1">of directors appoint the meeting</td></tr><tr><td colspan="1">chair for the AGM instead of letting</td></tr><tr><td colspan="1">the nomination committee propose</td></tr><tr><td colspan="1">a meeting chair. The Articles also</td></tr><tr><td colspan="1">stipulate that the meeting chair</td></tr><tr><td colspan="1">approves the AGM minutes instead</td></tr><tr><td colspan="1">of letting an AGM participant that</td></tr><tr><td colspan="1">is not member of the board or an</td></tr><tr><td colspan="1">employee of the company approve</td></tr><tr><td colspan="1">the minutes of the meeting.</td></tr><tr><td colspan="1">The respective reports on corporate</td></tr><tr><td colspan="1">governance and sustainability do</td></tr><tr><td colspan="1">not include a part of the auditorâs</td></tr><tr><td colspan="1">report covering the specific reports,</td></tr><tr><td colspan="1">as these subjects are not individual-</td></tr><tr><td colspan="1">ly addressed in the auditorâs report.</td></tr><tr><td colspan="1">These deviations are due to differ-</td></tr><tr><td colspan="1">ences between Danish and Swedish</td></tr><tr><td colspan="1">laws and practices.</td></tr><tr><td colspan="1">General meeting</td></tr><tr><td colspan="1">Pursuant to the Danish Companies Act, the</td></tr><tr><td colspan="1">general meeting is the Companyâs superior</td></tr><tr><td colspan="1">decision-making body. The general meeting</td></tr><tr><td colspan="1">may resolve upon every issue for the Compa-</td></tr><tr><td colspan="1">ny which does not specifically fall within the</td></tr><tr><td colspan="1">scope of the exclusive powers of another cor-</td></tr><tr><td colspan="1">porate body, for example the power to appoint</td></tr><tr><td colspan="1">the executive management, which falls within</td></tr><tr><td colspan="1">the scope of the board of directors in limited</td></tr><tr><td colspan="1">liability companies that are managed by a</td></tr><tr><td colspan="1">board of directors.</td></tr><tr><td colspan="1">At the general meeting, the shareholders ex-</td></tr><tr><td colspan="1">ercise their voting right on key issues, such</td></tr><tr><td colspan="1">as amendments of the Companyâs Articles of</td></tr><tr><td colspan="1">Association, approval of the annual report,</td></tr><tr><td colspan="1">appropriation of the Companyâs profit or loss</td></tr><tr><td colspan="1">(including distribution of any dividends), reso-</td></tr><tr><td colspan="1">lutions to discharge the members of the board</td></tr><tr><td colspan="1">of directors and the executive management</td></tr><tr><td colspan="1">from liability, the appointment and removal</td></tr><tr><td colspan="1">of members of the board of directors and au-</td></tr><tr><td colspan="1">ditors and remuneration for the board of di-</td></tr><tr><td colspan="1">rectors and auditors. Other matters transact-</td></tr><tr><td colspan="1">ed at the meeting may include matters that,</td></tr><tr><td colspan="1">according to the articles of association or the</td></tr><tr><td colspan="1">Danish Companies Act, must be submitted to</td></tr><tr><td colspan="1">the general meeting.</td></tr><tr><td colspan="1">Time and place</td></tr><tr><td colspan="1">The annual general meeting must be held at</td></tr><tr><td colspan="1">a date that allows sufficient time to send the</td></tr><tr><td colspan="1">Danish Business Authority a copy of the au-</td></tr><tr><td colspan="1">dited and adopted annual report within four</td></tr><tr><td colspan="1">months of the end of the financial year. In ad-</td></tr><tr><td colspan="1">dition to the annual general meeting, extraor-</td></tr><tr><td colspan="1">dinary general meetings may be convened and</td></tr><tr><td colspan="1">held when required. According to the Compa-</td></tr><tr><td colspan="1">nyâs articles of association, general meetings</td></tr><tr><td colspan="1">must be held in Greater Copenhagen, Gothen-</td></tr><tr><td colspan="1">burg or Stockholm.</td></tr><tr><td colspan="1">Notice</td></tr><tr><td colspan="1">According to the Companyâs Articles of Asso-</td></tr><tr><td colspan="1">ciation, general meetings must be convened</td></tr><tr><td colspan="1">by the board of directors giving written no-</td></tr><tr><td colspan="1">tice no earlier than five weeks and no later</td></tr><tr><td colspan="1">than three weeks prior to the general meeting.</td></tr><tr><td colspan="1">Pursuant to the Danish Companies Act, notic-</td></tr><tr><td colspan="1">es convening general meetings shall be made</td></tr><tr><td colspan="1">public on the Companyâs website. If request-</td></tr><tr><td colspan="1">ed, shareholders shall receive written notices</td></tr><tr><td colspan="1">of the general meetings as the case may be.</td></tr><tr><td colspan="1">Extraordinary general meetings must be held</td></tr><tr><td colspan="1">upon request from the board of directors or</td></tr><tr><td colspan="1">the auditor elected by the general meeting.</td></tr><tr><td colspan="1">In addition, shareholders that individually or</td></tr><tr><td colspan="1">collectively hold ten percent or more of the</td></tr><tr><td colspan="1">share capital can make a written request to</td></tr><tr><td colspan="1">the board of directors that an extraordinary</td></tr><tr><td colspan="1">general meeting be held to resolve upon a</td></tr><tr><td colspan="1">specific matter. Such extraordinary general</td></tr><tr><td colspan="1">meetings must be convened within two weeks</td></tr><tr><td colspan="1">of the board of directorsâ receipt of a request</td></tr><tr><td colspan="1">to that effect.</td></tr><tr><td colspan="1">The notice to convene a general meeting</td></tr><tr><td colspan="1">must be made in the form and substance for</td></tr><tr><td colspan="1">public limited liability companies admitted to</td></tr><tr><td colspan="1">trading on a regulated market as stipulated in</td></tr><tr><td colspan="1">the Danish Companies Act. The notice must</td></tr><tr><td colspan="1">also specify the time and place of the general</td></tr><tr><td colspan="1">meeting and contain the agenda of the busi-</td></tr><tr><td colspan="1">ness to be addressed at the general meeting.</td></tr><tr><td colspan="1">If an amendment of the Companyâs articles of</td></tr><tr><td colspan="1">association shall be resolved upon at a gen-</td></tr><tr><td colspan="1">eral meeting, the complete proposal must be</td></tr><tr><td colspan="1">included in the notice. For certain material</td></tr><tr><td colspan="1">amendments, the specific wording must be set</td></tr><tr><td colspan="1">out in the notice.</td></tr><tr><td colspan="1">As regards the annual general meeting, the</td></tr><tr><td colspan="1">Company must announce the date for the</td></tr><tr><td colspan="1">meeting as well as the deadline for any share-</td></tr><tr><td colspan="1">holder proposals no later than eight weeks be-</td></tr><tr><td colspan="1">fore the scheduled date for the annual general</td></tr><tr><td colspan="1">meeting.</td></tr><tr><td colspan="1">Right to attend general meetings</td></tr><tr><td colspan="1">A shareholderâs right to attend a general meet-</td></tr><tr><td colspan="1">ing and to vote on their shares is determined</td></tr><tr><td colspan="1">on the basis of the shares held by the share-</td></tr><tr><td colspan="1">holder at the date of registration. The date of</td></tr><tr><td colspan="1">registration is one week before the general</td></tr><tr><td colspan="1">meeting is held. The holdings of each indi-</td></tr><tr><td colspan="1">vidual shareholder is based on the number of</td></tr><tr><td colspan="1">shares held by that shareholder as registered</td></tr><tr><td colspan="1">in the Companyâs share register maintained by</td></tr><tr><td colspan="1">Euroclear Sweden as well as any notifications</td></tr><tr><td colspan="1">of ownership received by the Company for the</td></tr><tr><td colspan="1">purpose of registration in the share register,</td></tr><tr><td colspan="1">but not yet registered.</td></tr><tr><td colspan="1">To attend the general meeting, a sharehold-</td></tr><tr><td colspan="1">er must, in addition to the above-mentioned,</td></tr><tr><td colspan="1">also notify the Company of his or her attend-</td></tr><tr><td colspan="1">ance no later than three days prior to the date</td></tr><tr><td colspan="1">of the general meeting, as stipulated by the</td></tr><tr><td colspan="1">Companyâs articles of association. Sharehold-</td></tr><tr><td colspan="1">ers may attend general meetings in person,</td></tr><tr><td colspan="1">through a proxy or by postal vote, and may</td></tr><tr><td colspan="1">be accompanied by an advisor. All attending</td></tr><tr><td colspan="1">shareholders are entitled to speak at general</td></tr><tr><td colspan="1">meetings.</td></tr><tr><td colspan="1">Voting rights</td></tr><tr><td colspan="1">and shareholders initiatives</td></tr><tr><td colspan="1">Each share entitles the holder to one vote.</td></tr><tr><td colspan="1">All matters addressed at the general meeting</td></tr><tr><td colspan="1">must be decided by a simple majority vote,</td></tr><tr><td colspan="1">unless otherwise stipulated by the Danish</td></tr><tr><td colspan="1">Companies Act or the Companyâs articles of</td></tr><tr><td colspan="1">association. A resolution to amend the articles</td></tr><tr><td colspan="1">of association requires that no less than two</td></tr><tr><td colspan="1">thirds of the votes cast as well as the share</td></tr><tr><td colspan="1">capital represented at the general meeting</td></tr><tr><td colspan="1">vote in favour of the resolution, unless a larger</td></tr><tr><td colspan="1">majority is required by the Danish Companies</td></tr><tr><td colspan="1">Act (for example resolutions to reduce share-</td></tr><tr><td colspan="1">holder rights to receive dividends or to restrict</td></tr><tr><td colspan="1">the transferability of the shares) or the Com-</td></tr><tr><td colspan="1">panyâs articles of association. Shareholders</td></tr><tr><td colspan="1">who wish to have a specific matter brought</td></tr><tr><td colspan="1">before the general meeting must submit a</td></tr><tr><td colspan="1">written request to the Companyâs board of</td></tr><tr><td colspan="1">directors no later than six weeks prior to the</td></tr><tr><td colspan="1">general meeting. If the request is received less</td></tr><tr><td colspan="1">than six weeks before the date of the general</td></tr><tr><td colspan="1">meeting, the board of directors must decide</td></tr><tr><td colspan="1">whether the request has been made with</td></tr><tr><td colspan="1">enough time for the issues to be included on</td></tr><tr><td colspan="1">the agenda.</td></tr><tr><td colspan="1">General meetings in 2020</td></tr><tr><td colspan="1">The Annual General Meeting 2020 was held on</td></tr><tr><td colspan="1">April 22, 2020 and approved the 2019 annual</td></tr><tr><td colspan="1">report, discharged the Board and Executive</td></tr><tr><td colspan="1">Management, and re-elected all the current</td></tr><tr><td colspan="1">board members, elected one new board mem-</td></tr><tr><td colspan="1">ber, and re-elected the current auditor. The</td></tr><tr><td colspan="1">shareholders further approved the proposals</td></tr><tr><td colspan="1">from the board of directors to authorise the</td></tr><tr><td colspan="1">board of directors to increase the companyâs</td></tr><tr><td colspan="1">share capital without pre-emption rights for</td></tr><tr><td colspan="1">the existing shareholders and to authorise the</td></tr><tr><td colspan="1">board of directors to acquire treasury shares.</td></tr><tr><td colspan="1">The shareholders adopted a new remuner-</td></tr><tr><td colspan="1">ation policy as well as the proposal to issue</td></tr><tr><td colspan="1">warrants to the newly elected board member.</td></tr><tr><td colspan="1">No extraordinary general meetings were held</td></tr><tr><td colspan="1">in 2020.</td></tr><tr><td colspan="1">Annual general meeting 2021</td></tr><tr><td colspan="1">The annual general meeting 2020 will take</td></tr><tr><td colspan="1">place on April 26, 2021 at 2.00 p.m. Due to</td></tr><tr><td colspan="1">expected restrictions in light of the COVID-19</td></tr><tr><td colspan="1">pandemic, the AGM will be fully electronic.</td></tr><tr><td colspan="1">For more information, please see the section</td></tr><tr><td colspan="1">on Annual general meeting on the companyâs</td></tr><tr><td colspan="1">website.</td></tr><tr><td colspan="1">Nomination committee</td></tr><tr><td colspan="1">According to the Code, the Company shall</td></tr><tr><td colspan="1">have a nomination committee, the duties</td></tr><tr><td colspan="1">of which shall include the preparation and</td></tr><tr><td colspan="1">drafting of proposals regarding the election</td></tr><tr><td colspan="1">of members of the board of directors, the</td></tr><tr><td colspan="1">chairman of the board of directors, the chair-</td></tr><tr><td colspan="1">man of the general meeting and auditors. In</td></tr><tr><td colspan="1">addition, the nomination committee shall pro-</td></tr><tr><td colspan="1">pose fees for board members and the auditor.</td></tr><tr><td colspan="1">The Companyâs Articles of Association hold</td></tr><tr><td colspan="1">instructions and rules of procedure for the</td></tr><tr><td colspan="1">nomination committee according to which</td></tr><tr><td colspan="1">the nomination committee is to have at least</td></tr><tr><td colspan="1">three members representing the three largest</td></tr><tr><td colspan="1">shareholders per the end of August, together</td></tr><tr><td colspan="1">with the chairman of the board of directors.</td></tr><tr><td colspan="1">The names of the members of the nomination</td></tr><tr><td colspan="1">committee must be published by the Compa-</td></tr><tr><td colspan="1">ny no later than six months prior to the annual</td></tr><tr><td colspan="1">general meeting.</td></tr><tr><td colspan="1">On August 31, 2020, the three largest share-</td></tr><tr><td colspan="1">holders were Chr. Dam Holding and J. Søgaard</td></tr><tr><td colspan="1">Holding which are grouped. In accordance</td></tr><tr><td colspan="1">with shareholdersâ decision, the nomination</td></tr><tr><td colspan="1">committee was appointed and is composed</td></tr><tr><td colspan="1">by four members in total</td></tr><tr><td colspan="1">-Daniel Nyvang Mariussen, representing</td></tr><tr><td colspan="1">Chr. Dam Holding and J. Søgaard Holding,</td></tr><tr><td colspan="1">and chairman of the nomination commit-</td></tr><tr><td colspan="1">tee</td></tr><tr><td colspan="1">-Martin Jonasson, representing Andra</td></tr><tr><td colspan="1">AP-Fonden and Tredje AP-Fonden</td></tr><tr><td colspan="1">-Michael Knutsson, representing Knutsson</td></tr><tr><td colspan="1">Holdings</td></tr><tr><td colspan="1">-Jens Bager, Chairman of the board of</td></tr><tr><td colspan="1">directors, Better Collective</td></tr><tr><td colspan="1">In all, the nomination committee represented</td></tr><tr><td colspan="1">62% of the total number of shares in Better</td></tr><tr><td colspan="1">Collective, based on ownership data as per</td></tr><tr><td colspan="1">August 31, 2020.</td></tr><tr><td colspan="1">Independence of the nomination</td></tr><tr><td colspan="1">committee</td></tr><tr><td colspan="1">The Code requires the majority of the nomina-</td></tr><tr><td colspan="1">tion committeeâs members to be independent</td></tr><tr><td colspan="1">in relation to the Company and its manage-</td></tr><tr><td colspan="1">ment and that at least one of these shall also</td></tr><tr><td colspan="1">be independent in relation to the Companyâs</td></tr><tr><td colspan="1">largest shareholder in terms of voting power.</td></tr><tr><td colspan="1">All members are independent in relation to the</td></tr><tr><td colspan="1">Company and the Companyâs management</td></tr><tr><td colspan="1">and all members except for Daniel Nyvang</td></tr><tr><td colspan="1">Mariussen are independent in relation to ma-</td></tr><tr><td colspan="1">jor shareholders.</td></tr><tr><td colspan="1">Meetings of the nomination committee</td></tr><tr><td colspan="1">Ahead of the AGM 2021, the nomination com-</td></tr><tr><td colspan="1">mittee has held four meetings, all of which</td></tr><tr><td colspan="1">with full attendance. No fees have been paid</td></tr><tr><td colspan="1">for work on the committee.</td></tr><tr><td colspan="1">-Board of directors</td></tr><tr><td colspan="1">After the general meeting, the board of di-</td></tr><tr><td colspan="1">rectors is the most superior decision-making</td></tr><tr><td colspan="1">body of the Company. The duties of the board</td></tr><tr><td colspan="1">of directors are set forth in the Danish Com-</td></tr><tr><td colspan="1">panies Act, the Companyâs articles of associa-</td></tr><tr><td colspan="1">tion, the Code and the written rules of proce-</td></tr><tr><td colspan="1">dure adopted by the board of directors, which</td></tr><tr><td colspan="1">are revised annually. The rules of procedure</td></tr><tr><td colspan="1">regulate, inter alia, the practice of the board</td></tr><tr><td colspan="1">of directors, tasks, decision-making within</td></tr><tr><td colspan="1">the Company, the board of directorsâ meeting</td></tr><tr><td colspan="1">agenda, the chairmanâs duties and allocation</td></tr><tr><td colspan="1">of responsibilities between the board of di-</td></tr><tr><td colspan="1">rectors and the executive management. Rules</td></tr><tr><td colspan="1">of procedure for the executive management,</td></tr><tr><td colspan="1">including instruction for financial reporting to</td></tr><tr><td colspan="1">the board of directors, are also adopted by the board of directors.</td></tr><tr><td colspan="1">The board of directors meets according to a</td></tr><tr><td colspan="1">predetermined annual schedule. At least five</td></tr><tr><td colspan="1">ordinary board meetings shall be held be-</td></tr><tr><td colspan="1">tween each annual general meeting. In addi-</td></tr><tr><td colspan="1">tion to these meetings, extraordinary meet-</td></tr><tr><td colspan="1">ings can be convened for processing matters</td></tr><tr><td colspan="1">which cannot be referred to any of the ordi-</td></tr><tr><td colspan="1">nary meetings. In 2020, 10 meetings were</td></tr><tr><td colspan="1">held.</td></tr><tr><td colspan="1">Composition of the board</td></tr><tr><td colspan="1">The members of the board of directors are</td></tr><tr><td colspan="1">elected annually at the annual general meet-</td></tr><tr><td colspan="1">ing for the period until the end of the next</td></tr><tr><td colspan="1">annual general meeting. According to the</td></tr><tr><td colspan="1">Companyâs articles of association, the board</td></tr><tr><td colspan="1">of directors shall consist of no less than three</td></tr><tr><td colspan="1">and no more than seven board members. Fur-</td></tr><tr><td colspan="1">thermore, the Code stipulates that no deputy</td></tr><tr><td colspan="1">members may be appointed. Currently, the</td></tr><tr><td colspan="1">board of directors is composed of six ordinary</td></tr><tr><td colspan="1">board members elected by the general meet-</td></tr><tr><td colspan="1">ing: Jens Bager (Chairman), Todd Dunlap,</td></tr><tr><td colspan="1">Klaus Holse, Søren Jørgensen, Leif Nørgaard,</td></tr><tr><td colspan="1">and Petra von Rohr. The board attended Nas-</td></tr><tr><td colspan="1">daqâs stock market training course for board</td></tr><tr><td colspan="1">and management prior to the listing in 2018.</td></tr><tr><td colspan="1">Todd Dunlap received Nasdaq training in 2020</td></tr><tr><td colspan="1">after joining the board. For information about</td></tr><tr><td colspan="1">the board members see page 34.</td></tr><tr><td colspan="1">Evaluation of board performance</td></tr><tr><td colspan="1">The board of directors regularly evaluates</td></tr><tr><td colspan="1">its work through a structured process. The</td></tr><tr><td colspan="1">chairman is responsible for carrying out the</td></tr><tr><td colspan="1">evaluation and presenting the results to the</td></tr><tr><td colspan="1">nomination committee. In 2020, an external</td></tr><tr><td colspan="1">management consultancy conducted an as-</td></tr><tr><td colspan="1">sessment of the boardâs work, including the</td></tr><tr><td colspan="1">collaboration with the executive manage-</td></tr><tr><td colspan="1">ment. The assessment was based on a ques-</td></tr><tr><td colspan="1">tionnaire. Every other year, the questionnaire</td></tr><tr><td colspan="1">is combined with personal interviews with</td></tr><tr><td colspan="1">each board and executive management mem-</td></tr><tr><td colspan="1">ber. The evaluation was presented to and dis-</td></tr><tr><td colspan="1">cussed by the board and subsequently the</td></tr><tr><td colspan="1">nomination committee. In addition, the nom-</td></tr><tr><td colspan="1">ination committee conducted individual inter-</td></tr><tr><td colspan="1">views with the board members leading up to</td></tr><tr><td colspan="1">the AGM. The overall conclusion was that the</td></tr><tr><td colspan="1">boardâs performance and efficiency is found</td></tr><tr><td colspan="1">to be satisfactory and that the board has a</td></tr><tr><td colspan="1">well-balanced mix of competencies, however,</td></tr><tr><td colspan="1">with some room for deep industry knowledge.</td></tr></table></mrv:CorporateGovernanceReport>
<mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Diversity</td></tr><tr><td colspan="1">Report on the underrepresented gender, cf.</td></tr><tr><td colspan="1">Section 99 b of the Danish Financial State-</td></tr><tr><td colspan="1">ments Act.</td></tr><tr><td colspan="1">The board composition must be set with ap-</td></tr><tr><td colspan="1">propriateness to the Companyâs operations,</td></tr><tr><td colspan="1">phase of development, and must collective-</td></tr><tr><td colspan="1">ly exhibit diversity regarding gender, age,</td></tr><tr><td colspan="1">nationality, experience, professional back-</td></tr><tr><td colspan="1">ground, and business expertise. Regarding</td></tr><tr><td colspan="1">gender diversity at the board of directorsâ lev-</td></tr><tr><td colspan="1">el, the company has set a target for a board</td></tr><tr><td colspan="1">consisting of five to seven members to have</td></tr><tr><td colspan="1">a minimum of two members of the underrep-</td></tr><tr><td colspan="1">resented gender elected by the general meet-</td></tr><tr><td colspan="1">ing. In 2020, a change to the composition of</td></tr><tr><td colspan="1">the board was made as Todd Dunlap, the CEO</td></tr><tr><td colspan="1">of North America for Booking .com, joined the</td></tr><tr><td colspan="1">Better Collectiveâs board of directors. The can-</td></tr><tr><td colspan="1">didate was chosen due to his specific capabil-</td></tr><tr><td colspan="1">ities and knowledge from building an online</td></tr><tr><td colspan="1">lead generation business in the US. Currently,</td></tr><tr><td colspan="1">the board consists of five men and one wom-</td></tr><tr><td colspan="1">an, why the target figure was not reached in</td></tr><tr><td colspan="1">2020. In the recruitment of new board mem-</td></tr><tr><td colspan="1">bers, the company and its nomination com-</td></tr><tr><td colspan="1">mittee will seek to realise the target over the</td></tr><tr><td colspan="1">coming years and by 2023 at the latest.</td></tr><tr><td colspan="1">Better Collective aims to offer equal opportu-</td></tr><tr><td colspan="1">nities to men and women across our organisa-</td></tr><tr><td colspan="1">tion, as well as promoting equal opportunities</td></tr><tr><td colspan="1">regardless of gender, ethnicity, race, religion,</td></tr><tr><td colspan="1">and sexual orientation. The executive man-</td></tr><tr><td colspan="1">agement is made up of three men. For the</td></tr><tr><td colspan="1">other management levels in the company, the</td></tr><tr><td colspan="1">gender split in 2019 was 83% men and 17%</td></tr><tr><td colspan="1">women, which is a step back from 2019 (80%</td></tr><tr><td colspan="1">men and 20% women). Recruitment and pro-</td></tr><tr><td colspan="1">motion of managers in 2020 was performed</td></tr><tr><td colspan="1">with an aim of increasing diversity, resulting</td></tr><tr><td colspan="1">in new managers of both genders. We will</td></tr><tr><td colspan="1">continually work to increase the share of the</td></tr><tr><td colspan="1">underrepresented gender at all management</td></tr><tr><td colspan="1">levels, on average, aiming for a target of 35%</td></tr><tr><td colspan="1">women over the coming years and by 2023 at</td></tr><tr><td colspan="1">the latest.</td></tr></table></mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender>
<sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Statement by management</td></tr></table></sob:StatementByExecutiveAndSupervisoryBoards>
<sob:IdentificationOfApprovedAnnualReport contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">The Board of Directors and the Executive</td></tr><tr><td colspan="1">Board have today discussed and approved</td></tr><tr><td colspan="1">the annual report of Better Collective A/S for</td></tr><tr><td colspan="1">2020</td></tr></table></sob:IdentificationOfApprovedAnnualReport>
<sob:ConfirmationThatAnnualReportIsPresentedInAccordanceWithRequirementsProvidedForByLegislationAnyStandardsAndRequirementsProvidedByArticlesOfAssociationOrByAgreement contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">The annual report has been prepared in ac-</td></tr><tr><td colspan="1">cordance with International Financial Re-</td></tr><tr><td colspan="1">porting Standards as adopted by the EU and</td></tr><tr><td colspan="1">additional requirements of the Danish Finan-</td></tr><tr><td colspan="1">cial Statements Act.</td></tr></table></sob:ConfirmationThatAnnualReportIsPresentedInAccordanceWithRequirementsProvidedForByLegislationAnyStandardsAndRequirementsProvidedByArticlesOfAssociationOrByAgreement>
<sob:ConfirmationThatFinancialStatementGivesTrueAndFairViewOfAssetsLiabilitiesEquityFinancialPositionAndResults contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">It is our opinion that the consolidated finan-</td></tr><tr><td colspan="1">cial statements and the parent company fi-</td></tr><tr><td colspan="1">nancial statements give a true and fair view</td></tr><tr><td colspan="1">of the financial position of the Group and the</td></tr><tr><td colspan="1">Parent Company at December 31, 2020 and</td></tr><tr><td colspan="1">of the results of the Groupâs and the Parent</td></tr><tr><td colspan="1">Companyâs operations and cash flows for the</td></tr><tr><td colspan="1">financial year January 1 â December 31, 2020.</td></tr></table></sob:ConfirmationThatFinancialStatementGivesTrueAndFairViewOfAssetsLiabilitiesEquityFinancialPositionAndResults>
<sob:ManagementsStatementAboutManagementsReview contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Further, in our opinion, the Managementâs re-</td></tr><tr><td colspan="1">view gives a fair review of the development</td></tr><tr><td colspan="1">in the Groupâs and the Parent Companyâs</td></tr><tr><td colspan="1">activities and financial matters, results of</td></tr><tr><td colspan="1">operations, cash flows and financial position</td></tr><tr><td colspan="1">as well as a description of material risks and</td></tr><tr><td colspan="1">uncertainties that the Group and the Parent</td></tr><tr><td colspan="1">Company face.</td></tr></table></sob:ManagementsStatementAboutManagementsReview>
<sob:RecommendationForApprovalOfAnnualReportByGeneralMeeting contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">We recommend that the annual report be ap-</td></tr><tr><td colspan="1">proved at the annual general meeting.</td></tr></table></sob:RecommendationForApprovalOfAnnualReportByGeneralMeeting>
<sob:PlaceOfSignatureOfStatement contextRef="ctx1" xml:lang="da">Copenhagen</sob:PlaceOfSignatureOfStatement>
<sob:DateOfApprovalOfAnnualReport contextRef="ctx1">2021-03-25</sob:DateOfApprovalOfAnnualReport>
<arr:IndependentAuditorsReportsAudit contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Independent Auditorsâ Report</td></tr></table></arr:IndependentAuditorsReportsAudit>
<arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">To the shareholders of</td></tr><tr><td colspan="1">Better Collective A/S</td></tr></table></arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
<arr:OpinionOnAuditedFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Opinion</td></tr><tr><td colspan="1">We have audited the consolidated financial</td></tr><tr><td colspan="1">statements and the parent company financial</td></tr><tr><td colspan="1">statements of Better Collective A/S for the</td></tr><tr><td colspan="1">financial year 1 January â 31 December 2020,</td></tr><tr><td colspan="1">which comprise income statement, statement</td></tr><tr><td colspan="1">of comprehensive income, balance sheet,</td></tr><tr><td colspan="1">statement of changes in equity, cash flow</td></tr><tr><td colspan="1">statement and notes, including accounting</td></tr><tr><td colspan="1">policies, for the Group and the Parent Com-</td></tr><tr><td colspan="1">pany. The consolidated financial statements</td></tr><tr><td colspan="1">and the parent company financial statements</td></tr><tr><td colspan="1">are prepared in accordance with International</td></tr><tr><td colspan="1">Financial Reporting Standards as adopted</td></tr><tr><td colspan="1">by the EU and additional requirements of the</td></tr><tr><td colspan="1">Danish Financial Statements Act.</td></tr><tr><td colspan="1">In our opinion, the consolidated financial</td></tr><tr><td colspan="1">statements and the parent company financial</td></tr><tr><td colspan="1">statements give a true and fair view of the</td></tr><tr><td colspan="1">financial position of the Group and the</td></tr><tr><td colspan="1">Parent Company at 31 December 2020 and</td></tr><tr><td colspan="1">of the results of the Groupâs and the Parent</td></tr><tr><td colspan="1">Companyâs operations and cash flows for the</td></tr><tr><td colspan="1">financial year 1 January â 31 December 2020</td></tr><tr><td colspan="1">in accordance with International Financial</td></tr><tr><td colspan="1">Reporting Standards as adopted by the EU</td></tr><tr><td colspan="1">and additional requirements of the Danish</td></tr><tr><td colspan="1">Financial Statements Act.</td></tr><tr><td colspan="1">Our opinion is consistent with our long-form</td></tr><tr><td colspan="1">audit report to the Audit Committee and the</td></tr><tr><td colspan="1">Board of Directors.</td></tr></table></arr:OpinionOnAuditedFinancialStatements>
<arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Basis for opinion</td></tr><tr><td colspan="1">We conducted our audit in accordance with</td></tr><tr><td colspan="1">International Standards on Auditing (ISAs)</td></tr><tr><td colspan="1">and additional requirements applicable in</td></tr><tr><td colspan="1">Denmark. Our responsibilities under those</td></tr><tr><td colspan="1">standards and requirements are further</td></tr><tr><td colspan="1">described in the âAuditorâs responsibilities</td></tr><tr><td colspan="1">for the audit of the consolidated financial</td></tr><tr><td colspan="1">statements and the parent company financial</td></tr><tr><td colspan="1">statementsâ (hereinafter collectively referred</td></tr><tr><td colspan="1">to as âthe financial statementsâ) section of</td></tr><tr><td colspan="1">our report. We believe that the audit evidence</td></tr><tr><td colspan="1">we have obtained is sufficient and appropri-</td></tr><tr><td colspan="1">ate to provide a basis for our opinion.</td></tr><tr><td colspan="1">Independence</td></tr><tr><td colspan="1">We are independent of the Group in accord-</td></tr><tr><td colspan="1">ance with the International Ethics Standards</td></tr><tr><td colspan="1">Board for Accountantsâ Code of Ethics for</td></tr><tr><td colspan="1">Professional Accountants (IESBA Code) and</td></tr><tr><td colspan="1">additional requirements applicable in Den-</td></tr><tr><td colspan="1">mark, and we have fulfilled our other ethical</td></tr><tr><td colspan="1">responsibilities in accordance with these rules</td></tr><tr><td colspan="1">and requirements.</td></tr><tr><td colspan="1">To the best of our knowledge, we have not</td></tr><tr><td colspan="1">provided any prohibited non-audit services</td></tr><tr><td colspan="1">as described in article 5(1) of Regulation (EU)</td></tr><tr><td colspan="1">no. 537/2014.</td></tr><tr><td colspan="1">Appointment of auditor</td></tr><tr><td colspan="1">On 8 June 2018, Better Collective A/S</td></tr><tr><td colspan="1">completed its Initial Public Offering and</td></tr><tr><td colspan="1">was admitted to trading and official listing</td></tr><tr><td colspan="1">on Nasdaq Stockholm. We were initially</td></tr><tr><td colspan="1">appointed as auditor of Better Collective A/S</td></tr><tr><td colspan="1">on 15 November 2016 for the financial year</td></tr><tr><td colspan="1">2016. We have been reappointed annually by</td></tr><tr><td colspan="1">resolution of the general meeting for a total</td></tr><tr><td colspan="1">consecutive period of 5 years up until and</td></tr><tr><td colspan="1">including the financial year 2020.</td></tr></table></arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
<arr:KeyAuditMattersAudit contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Key audit matters</td></tr><tr><td colspan="1">Key audit matters are those matters that, in</td></tr><tr><td colspan="1">our professional judgement, were of most</td></tr><tr><td colspan="1">significance in our audit of the financial</td></tr><tr><td colspan="1">statements for the financial year 2020. These</td></tr><tr><td colspan="1">matters were addressed during our audit of</td></tr><tr><td colspan="1">the financial statements as a whole and in</td></tr><tr><td colspan="1">forming our opinion thereon. We do not pro-</td></tr><tr><td colspan="1">vide a separate opinion on these matters. For</td></tr><tr><td colspan="1">each matter below, our description of how</td></tr><tr><td colspan="1">our audit addressed the matter is provided in</td></tr><tr><td colspan="1">that context.</td></tr><tr><td colspan="1">We have fulfilled our responsibilities de-</td></tr><tr><td colspan="1">scribed in the âAuditorâs responsibilities for</td></tr><tr><td colspan="1">the audit of the financial statementsâ section,</td></tr><tr><td colspan="1">including in relation to the key audit matters</td></tr><tr><td colspan="1">below. Accordingly, our audit included the</td></tr><tr><td colspan="1">design and performance of procedures to re-</td></tr><tr><td colspan="1">spond to our assessment of the risks of mate-</td></tr><tr><td colspan="1">rial misstatement of the financial statements.</td></tr><tr><td colspan="1">The results of our audit procedures, including</td></tr><tr><td colspan="1">the procedures performed to address the</td></tr><tr><td colspan="1">matters below, provide the basis for our audit</td></tr><tr><td colspan="1">opinion on the financial statements.</td></tr><tr><td colspan="1">Valuation of goodwill,</td></tr><tr><td colspan="1">domains and websites</td></tr><tr><td colspan="1">Goodwill as well as domains and websites</td></tr><tr><td colspan="1">with indefinite life are not subject to amorti-</td></tr><tr><td colspan="1">sation, but are reviewed annually for impair-</td></tr><tr><td colspan="1">ment, or more frequently if any indicators</td></tr><tr><td colspan="1">of impairment are identified. Valuation of</td></tr><tr><td colspan="1">goodwill, domains and websites is significant</td></tr><tr><td colspan="1">to our audit due to the carrying values as</td></tr><tr><td colspan="1">well as the management judgement involved</td></tr><tr><td colspan="1">in the assessment of the carrying values,</td></tr><tr><td colspan="1">assessment of indefinite life and judgements</td></tr><tr><td colspan="1">involved in impairment testing of the good-</td></tr><tr><td colspan="1">will, domains and websites.</td></tr><tr><td colspan="1">Management prepares and reviews impair-</td></tr><tr><td colspan="1">ment tests for each cash-generating unit and</td></tr><tr><td colspan="1">for the domains and websites related to each</td></tr><tr><td colspan="1">individual significant acquisition. Impairment</td></tr><tr><td colspan="1">testing is based on the estimated recoverable</td></tr><tr><td colspan="1">amounts of the assets, which for this purpose</td></tr><tr><td colspan="1">are determined based on the value in use. The</td></tr><tr><td colspan="1">value in use is based on a discounted cash</td></tr><tr><td colspan="1">flow (DCF) model and is calculated for each</td></tr><tr><td colspan="1">cash-generating unit and for each individual</td></tr><tr><td colspan="1">significant acquisition.</td></tr><tr><td colspan="1">Refer to note 13 in the consolidated financial</td></tr><tr><td colspan="1">statements and to note 13 in the financial</td></tr><tr><td colspan="1">statements for the parent company.</td></tr><tr><td colspan="1">How our audit addressed the above key</td></tr><tr><td colspan="1">audit matter</td></tr><tr><td colspan="1">Our audit procedures included</td></tr><tr><td colspan="1">Assessment of the indefinite life assump-</td></tr><tr><td colspan="1">tion including examination of data pro-</td></tr><tr><td colspan="1">vided by management and other sources</td></tr><tr><td colspan="1">as well as inquiries to management and</td></tr><tr><td colspan="1">comparison with industry practice and</td></tr><tr><td colspan="1">comparable companies.</td></tr><tr><td colspan="1">Evaluation of internal procedures relating</td></tr><tr><td colspan="1">to estimating future cash flows, prepara-</td></tr><tr><td colspan="1">tion of budgets and forecasts.</td></tr><tr><td colspan="1">Examination of the value-in-use mod-</td></tr><tr><td colspan="1">el prepared by Management, including</td></tr><tr><td colspan="1">consideration of the cash-generation units</td></tr><tr><td colspan="1">defined by Management and the valuation</td></tr><tr><td colspan="1">methodology and the reasonableness of</td></tr><tr><td colspan="1">key assumptions and input based on our</td></tr><tr><td colspan="1">knowledge of the business and indus-</td></tr><tr><td colspan="1">try together with available supporting</td></tr><tr><td colspan="1">evidence such as available budgets and</td></tr><tr><td colspan="1">externally observable market data related</td></tr><tr><td colspan="1">to interest rates, etc.</td></tr><tr><td colspan="1">Assessment of the adequacy of disclo-</td></tr><tr><td colspan="1">sures about key assumptions in note 13 to</td></tr><tr><td colspan="1">the consolidated financial statements and</td></tr><tr><td colspan="1">in note 13 to the financial statements for</td></tr><tr><td colspan="1">the parent company.</td></tr><tr><td colspan="1">Accounting for acquisitions</td></tr><tr><td colspan="1">The Group has in 2020 completed two</td></tr><tr><td colspan="1">business combinations. Management has</td></tr><tr><td colspan="1">determined the fair value of the identifiable</td></tr><tr><td colspan="1">assets and liabilities acquired. The total con-</td></tr><tr><td colspan="1">sideration for the two business combinations</td></tr><tr><td colspan="1">amounts to EUR 80 million.</td></tr><tr><td colspan="1">Due to the significant level of management</td></tr><tr><td colspan="1">judgement involved in estimation of the</td></tr><tr><td colspan="1">contingent consideration and estimating the</td></tr><tr><td colspan="1">fair value of especially the intangible assets</td></tr><tr><td colspan="1">acquired, we considered the accounting for</td></tr><tr><td colspan="1">acquisitions of most significance in our audit.</td></tr><tr><td colspan="1">For details on the acquisitions, reference is</td></tr><tr><td colspan="1">made to note 22 in the consolidated financial</td></tr><tr><td colspan="1">statements.</td></tr><tr><td colspan="1">How our audit addressed the above key</td></tr><tr><td colspan="1">audit matter</td></tr><tr><td colspan="1">Our audit procedures included</td></tr><tr><td colspan="1">Assessment of the assumptions and</td></tr><tr><td colspan="1">methodology applied by management to</td></tr><tr><td colspan="1">calculate the fair value of intangible assets</td></tr><tr><td colspan="1">acquired compared to generally applied</td></tr><tr><td colspan="1">valuation methodologies. We have consid-</td></tr><tr><td colspan="1">ered the approach taken by Management,</td></tr><tr><td colspan="1">assessed key assumptions and obtained</td></tr><tr><td colspan="1">evidence for the explanations provided</td></tr><tr><td colspan="1">by comparing key assumptions to market</td></tr><tr><td colspan="1">data, where available, underlying ac-</td></tr><tr><td colspan="1">counting records, past performance of the</td></tr><tr><td colspan="1">acquired businesses, our past experience</td></tr><tr><td colspan="1">of similar transactions and Managementâs</td></tr><tr><td colspan="1">forecasts supporting the acquisition.</td></tr><tr><td colspan="1">Assessment of the fair value of the contin-</td></tr><tr><td colspan="1">gent consideration including key assump-</td></tr><tr><td colspan="1">tions applied by management to calculate</td></tr><tr><td colspan="1">the fair value.</td></tr><tr><td colspan="1">Assessment of the adequacy of the dis-</td></tr><tr><td colspan="1">closures in note 22 related to the acquisi-</td></tr><tr><td colspan="1">tions, including the fair value of acquired</td></tr><tr><td colspan="1">intangible assets, compared to applicable</td></tr><tr><td colspan="1">accounting standards.</td></tr></table></arr:KeyAuditMattersAudit>
<arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Statement on the Managementâs review</td></tr><tr><td colspan="1">Management is responsible for the Manage-</td></tr><tr><td colspan="1">mentâs review.</td></tr><tr><td colspan="1">Our opinion on the financial statements does</td></tr><tr><td colspan="1">not cover the Managementâs review, and we</td></tr><tr><td colspan="1">do not express any form of assurance conclu-</td></tr><tr><td colspan="1">sion thereon.</td></tr><tr><td colspan="1">In connection with our audit of the financial</td></tr><tr><td colspan="1">statements, our responsibility is to read</td></tr><tr><td colspan="1">the Managementâs review and, in doing so,</td></tr><tr><td colspan="1">consider whether the Managementâs review</td></tr><tr><td colspan="1">is materially inconsistent with the financial</td></tr><tr><td colspan="1">statements or our knowledge obtained during</td></tr><tr><td colspan="1">the audit, or otherwise appears to be materi-</td></tr><tr><td colspan="1">ally misstated.</td></tr><tr><td colspan="1">Moreover, it is our responsibility to consider</td></tr><tr><td colspan="1">whether the Managementâs review provides</td></tr><tr><td colspan="1">the information required under the Danish</td></tr><tr><td colspan="1">Financial Statements Act.</td></tr><tr><td colspan="1">Based on the work we have performed, we</td></tr><tr><td colspan="1">conclude that the Managementâs review is in</td></tr><tr><td colspan="1">accordance with the financial statements and</td></tr><tr><td colspan="1">has been prepared in accordance with the</td></tr><tr><td colspan="1">requirements of the Danish Financial State-</td></tr><tr><td colspan="1">ments Act. We did not identify any material</td></tr><tr><td colspan="1">misstatement of the Managementâs review.</td></tr></table></arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Managementâs responsibilities for the financial statements</td></tr><tr><td colspan="1">Management is responsible for the prepara-</td></tr><tr><td colspan="1">tion of consolidated financial statements and</td></tr><tr><td colspan="1">parent company financial statements that</td></tr><tr><td colspan="1">give a true and fair view in accordance with</td></tr><tr><td colspan="1">International Financial Reporting Standards</td></tr><tr><td colspan="1">as adopted by the EU and additional require-</td></tr><tr><td colspan="1">ments of the Danish Financial Statements</td></tr><tr><td colspan="1">Act and for such internal control as Manage-</td></tr><tr><td colspan="1">ment determines is necessary to enable the</td></tr><tr><td colspan="1">preparation of financial statements that are</td></tr><tr><td colspan="1">free from material misstatement, whether due</td></tr><tr><td colspan="1">to fraud or error.</td></tr><tr><td colspan="1">In preparing the financial statements, Man-</td></tr><tr><td colspan="1">agement is responsible for assessing the</td></tr><tr><td colspan="1">Groupâs and the Parent Companyâs ability to</td></tr><tr><td colspan="1">continue as a going concern, disclosing, as</td></tr><tr><td colspan="1">applicable, matters related to going con-</td></tr><tr><td colspan="1">cern and using the going concern basis of</td></tr><tr><td colspan="1">accounting in preparing the financial state-</td></tr><tr><td colspan="1">ments unless Management either intends to</td></tr><tr><td colspan="1">liquidate the Group or the Parent Company</td></tr><tr><td colspan="1">or to cease operations, or has no realistic</td></tr><tr><td colspan="1">alternative but to do so.</td></tr></table></arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
<arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Auditorâs responsibilities for the audit of the financial statements</td></tr><tr><td colspan="1">Our objectives are to obtain reasona-</td></tr><tr><td colspan="1">ble assurance as to whether the financial</td></tr><tr><td colspan="1">statements as a whole are free from material</td></tr><tr><td colspan="1">misstatement, whether due to fraud or error,</td></tr><tr><td colspan="1">and to issue an auditorâs report that includes</td></tr><tr><td colspan="1">our opinion. Reasonable assurance is a high</td></tr><tr><td colspan="1">level of assurance, but is not a guarantee that</td></tr><tr><td colspan="1">an audit conducted in accordance with ISAs</td></tr><tr><td colspan="1">and additional requirements applicable in</td></tr><tr><td colspan="1">Denmark will always detect a material mis-</td></tr><tr><td colspan="1">statement when it exists. Misstatements can</td></tr><tr><td colspan="1">arise from fraud or error and are considered</td></tr><tr><td colspan="1">material if, individually or in the aggregate,</td></tr><tr><td colspan="1">they could reasonably be expected to influ-</td></tr><tr><td colspan="1">ence the economic decisions of users taken</td></tr><tr><td colspan="1">on the basis of the financial statements.</td></tr><tr><td colspan="1">As part of an audit conducted in accordance</td></tr><tr><td colspan="1">with ISAs and additional requirements appli-</td></tr><tr><td colspan="1">cable in Denmark, we exercise professional</td></tr><tr><td colspan="1">judgement and maintain professional scepti-</td></tr><tr><td colspan="1">cism throughout the audit. We also</td></tr><tr><td colspan="1">Identify and assess the risks of material</td></tr><tr><td colspan="1">misstatement of the financial statements,</td></tr><tr><td colspan="1">whether due to fraud or error, design and</td></tr><tr><td colspan="1">perform audit procedures responsive to</td></tr><tr><td colspan="1">those risks and obtain audit evidence that</td></tr><tr><td colspan="1">is sufficient and appropriate to provide a</td></tr><tr><td colspan="1">basis for our opinion. The risk of not de-</td></tr><tr><td colspan="1">tecting a material misstatement resulting</td></tr><tr><td colspan="1">from fraud is higher than for one resulting</td></tr><tr><td colspan="1">from error, as fraud may involve collusion,</td></tr><tr><td colspan="1">forgery, intentional omissions, misrep-</td></tr><tr><td colspan="1">resentations or the override of internal</td></tr><tr><td colspan="1">control.</td></tr><tr><td colspan="1">Obtain an understanding of internal con-</td></tr><tr><td colspan="1">trol relevant to the audit in order to design</td></tr><tr><td colspan="1">audit procedures that are appropriate in</td></tr><tr><td colspan="1">the circumstances, but not for the purpose</td></tr><tr><td colspan="1">of expressing an opinion on the effec-</td></tr><tr><td colspan="1">tiveness of the Groupâs and the Parent</td></tr><tr><td colspan="1">Companyâs internal control.</td></tr><tr><td colspan="1">Evaluate the appropriateness of account-</td></tr><tr><td colspan="1">ing policies used and the reasonableness</td></tr><tr><td colspan="1">of accounting estimates and related</td></tr><tr><td colspan="1">disclosures made by Management.</td></tr><tr><td colspan="1">Conclude on the appropriateness of</td></tr><tr><td colspan="1">Managementâs use of the going concern</td></tr><tr><td colspan="1">basis of accounting in preparing the finan-</td></tr><tr><td colspan="1">cial statements and, based on the audit</td></tr><tr><td colspan="1">evidence obtained, whether a material</td></tr><tr><td colspan="1">uncertainty exists related to events or</td></tr><tr><td colspan="1">conditions that may cast significant doubt</td></tr><tr><td colspan="1">on the Groupâs and the Parent Companyâs</td></tr><tr><td colspan="1">ability to continue as a going concern. If</td></tr><tr><td colspan="1">we conclude that a material uncertainty</td></tr><tr><td colspan="1">exists, we are required to draw attention</td></tr><tr><td colspan="1">in our auditorâs report to the related</td></tr><tr><td colspan="1">disclosures in the financial statements or, if</td></tr><tr><td colspan="1">such disclosures are inadequate, to modify</td></tr><tr><td colspan="1">our opinion. Our conclusions are based on</td></tr><tr><td colspan="1">the audit evidence obtained up to the date</td></tr><tr><td colspan="1">of our auditorâs report. However, future</td></tr><tr><td colspan="1">events or conditions may cause the Group</td></tr><tr><td colspan="1">and the Parent Company to cease to con-</td></tr><tr><td colspan="1">tinue as a going concern.</td></tr><tr><td colspan="1">Evaluate the overall presentation, struc-</td></tr><tr><td colspan="1">ture and contents of the financial state-</td></tr><tr><td colspan="1">ments, including the note disclosures, and</td></tr><tr><td colspan="1">whether the financial statements represent</td></tr><tr><td colspan="1">the underlying transactions and events in</td></tr><tr><td colspan="1">a manner that gives a true and fair view.</td></tr><tr><td colspan="1">Obtain sufficient appropriate audit evi-</td></tr><tr><td colspan="1">dence regarding the financial information</td></tr><tr><td colspan="1">of the entities or business activities within</td></tr><tr><td colspan="1">the Group to express an opinion on the</td></tr><tr><td colspan="1">consolidated financial statements. We are</td></tr><tr><td colspan="1">responsible for the direction, supervision</td></tr><tr><td colspan="1">and performance of the group audit. We</td></tr><tr><td colspan="1">remain solely responsible for our audit</td></tr><tr><td colspan="1">opinion.</td></tr><tr><td colspan="1">We communicate with those charged with</td></tr><tr><td colspan="1">governance regarding, among other matters,</td></tr><tr><td colspan="1">the planned scope and timing of the audit</td></tr><tr><td colspan="1">and significant audit findings, including any</td></tr><tr><td colspan="1">significant deficiencies in internal control that</td></tr><tr><td colspan="1">we identify during our audit.</td></tr><tr><td colspan="1">We also provide those charged with govern-</td></tr><tr><td colspan="1">ance with a statement that we have complied</td></tr><tr><td colspan="1">with relevant ethical requirements regarding</td></tr><tr><td colspan="1">independence, and to communicate with</td></tr><tr><td colspan="1">them all relationships and other matters that</td></tr><tr><td colspan="1">may reasonably be thought to bear on our</td></tr><tr><td colspan="1">independence, and where applicable, related</td></tr><tr><td colspan="1">safeguards.</td></tr><tr><td colspan="1">From the matters communicated with those</td></tr><tr><td colspan="1">charged with governance, we determine</td></tr><tr><td colspan="1">those matters that were of most significance</td></tr><tr><td colspan="1">in the audit of the consolidated financial</td></tr><tr><td colspan="1">statements and the parent company financial</td></tr><tr><td colspan="1">statements of the current period and are</td></tr><tr><td colspan="1">therefore the key audit matters. We describe</td></tr><tr><td colspan="1">these matters in our auditorâs report unless</td></tr><tr><td colspan="1">law or regulation precludes public disclosure</td></tr><tr><td colspan="1">about the matter or when, in extremely rare</td></tr><tr><td colspan="1">circumstances, we determine that a matter</td></tr><tr><td colspan="1">should not be communicated in our report</td></tr><tr><td colspan="1">because the adverse consequences of doing</td></tr><tr><td colspan="1">so would reasonably be expected to out-</td></tr><tr><td colspan="1">weigh the public interest benefits of such</td></tr><tr><td colspan="1">communication.</td></tr></table></arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
<arr:SignatureOfAuditorsPlace contextRef="ctx1" xml:lang="da">Copenhagen</arr:SignatureOfAuditorsPlace>
<arr:SignatureOfAuditorsDate contextRef="ctx1">2021-03-25</arr:SignatureOfAuditorsDate>
<ifrs-full:Revenue contextRef="ctx1" unitRef="vEUR" decimals="-3">91186000</ifrs-full:Revenue>
<ifrs-dk:DirectCosts contextRef="ctx1" unitRef="vEUR" decimals="-3">20471000</ifrs-dk:DirectCosts>
<ifrs-full:EmployeeBenefitsExpense contextRef="ctx1" unitRef="vEUR" decimals="-3">24156000</ifrs-full:EmployeeBenefitsExpense>
<ifrs-full:DepreciationExpense contextRef="ctx1" unitRef="vEUR" decimals="-3">1548000</ifrs-full:DepreciationExpense>
<ifrs-dk:OtherExternalExpenses contextRef="ctx1" unitRef="vEUR" decimals="-3">8407000</ifrs-dk:OtherExternalExpenses>
<ifrs-full:AmortisationExpense contextRef="ctx1" unitRef="vEUR" decimals="-3">6235000</ifrs-full:AmortisationExpense>
<ifrs-dk:SpecialItems contextRef="ctx1" unitRef="vEUR" decimals="-3">120000</ifrs-dk:SpecialItems>
<ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">30489000</ifrs-full:ProfitLossFromOperatingActivities>
<ifrs-full:FinanceIncome contextRef="ctx1" unitRef="vEUR" decimals="-3">1965000</ifrs-full:FinanceIncome>
<ifrs-full:FinanceCosts contextRef="ctx1" unitRef="vEUR" decimals="-3">3743000</ifrs-full:FinanceCosts>
<ifrs-full:ProfitLossBeforeTax contextRef="ctx1" unitRef="vEUR" decimals="-3">28712000</ifrs-full:ProfitLossBeforeTax>
<ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="ctx1" unitRef="vEUR" decimals="-3">6785000</ifrs-full:IncomeTaxExpenseContinuingOperations>
<ifrs-full:ProfitLoss contextRef="ctx1" unitRef="vEUR" decimals="-3">21927000</ifrs-full:ProfitLoss>
<ifrs-full:BasicEarningsLossPerShare contextRef="ctx1" unitRef="share" decimals="2">0.47</ifrs-full:BasicEarningsLossPerShare>
<ifrs-full:DilutedEarningsLossPerShare contextRef="ctx1" unitRef="share" decimals="2">0.45</ifrs-full:DilutedEarningsLossPerShare>
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<ifrs-full:OtherComprehensiveIncome contextRef="ctx1" unitRef="vEUR" decimals="-3">-2595000</ifrs-full:OtherComprehensiveIncome>
<ifrs-full:ComprehensiveIncome contextRef="ctx1" unitRef="vEUR" decimals="-3">19332000</ifrs-full:ComprehensiveIncome>
<ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent contextRef="ctx1" unitRef="vEUR" decimals="-3">19332000</ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent>
<ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners contextRef="ctx1" unitRef="vEUR" decimals="-3">0</ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners>
<ifrs-full:AdjustmentsForFinanceCosts contextRef="ctx1" unitRef="vEUR" decimals="-3">1778000</ifrs-full:AdjustmentsForFinanceCosts>
<easy:AdjustmentForSpecialItems contextRef="ctx1" unitRef="vEUR" decimals="-3">-120000</easy:AdjustmentForSpecialItems>
<ifrs-dk:AdjustmentsForDepreciationAndImpairmentLoss contextRef="ctx1" unitRef="vEUR" decimals="-3">7783000</ifrs-dk:AdjustmentsForDepreciationAndImpairmentLoss>
<easy:AdjustmentsForNoncashItems contextRef="ctx1" unitRef="vEUR" decimals="-3">955000</easy:AdjustmentsForNoncashItems>
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<ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">-9940000</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
<ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">26675000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
<ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">-65792000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">-1802000</ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">-460000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
<ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">1000</ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
<ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">-68090000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
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<ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">74629000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
<ifrs-full:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">-1025000</ifrs-full:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities>
<ifrs-full:ProceedsFromIssuingShares contextRef="ctx1" unitRef="vEUR" decimals="-3">393000</ifrs-full:ProceedsFromIssuingShares>
<ifrs-dk:PurchaseSaleOfTreasuryAssets contextRef="ctx1" unitRef="vEUR" decimals="-3">-4903000</ifrs-dk:PurchaseSaleOfTreasuryAssets>
<ifrs-dk:ProceedsFromSaleOfWarrants contextRef="ctx1" unitRef="vEUR" decimals="-3">0</ifrs-dk:ProceedsFromSaleOfWarrants>
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<ifrs-full:IncreaseDecreaseInCashAndCashEquivalents contextRef="ctx1" unitRef="vEUR" decimals="-3">5375000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
<ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="ctx1" unitRef="vEUR" decimals="-3">-77000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
<gsd:NameOfReportingEntity contextRef="ctx1" xml:lang="da">Better Collective A/S</gsd:NameOfReportingEntity>
<gsd:AddressOfReportingEntityStreetName contextRef="ctx1" xml:lang="da">Toldbodgade</gsd:AddressOfReportingEntityStreetName>
<gsd:AddressOfReportingEntityStreetBuildingIdentifier contextRef="ctx1" xml:lang="da">12</gsd:AddressOfReportingEntityStreetBuildingIdentifier>
<gsd:AddressOfReportingEntityPostCodeIdentifier contextRef="ctx1" xml:lang="da">1253</gsd:AddressOfReportingEntityPostCodeIdentifier>
<gsd:AddressOfReportingEntityDistrictName contextRef="ctx1" xml:lang="da">Copenhagen K</gsd:AddressOfReportingEntityDistrictName>
<gsd:IdentificationNumberCvrOfReportingEntity contextRef="ctx1">27652913</gsd:IdentificationNumberCvrOfReportingEntity>
<gsd:DateOfGeneralMeeting contextRef="ctx1">2021-04-26</gsd:DateOfGeneralMeeting>
<gsd:NameAndSurnameOfChairmanOfGeneralMeeting contextRef="ctx1" xml:lang="da">ANDREAS NIELSEN</gsd:NameAndSurnameOfChairmanOfGeneralMeeting>
<gsd:InformationOnTypeOfSubmittedReport contextRef="ctx1">Ã
rsrapport</gsd:InformationOnTypeOfSubmittedReport>
<gsd:IdentificationNumberCvrOfSubmittingEnterprise contextRef="ctx1">27652913</gsd:IdentificationNumberCvrOfSubmittingEnterprise>
<gsd:NameOfSubmittingEnterprise contextRef="ctx1" xml:lang="da">Better Collective A/S</gsd:NameOfSubmittingEnterprise>
<gsd:AddressOfSubmittingEnterpriseStreetAndNumber contextRef="ctx1" xml:lang="da">Toldbodgade 12</gsd:AddressOfSubmittingEnterpriseStreetAndNumber>
<gsd:AddressOfSubmittingEnterprisePostcodeAndTown contextRef="ctx1" xml:lang="da">1253 København K</gsd:AddressOfSubmittingEnterprisePostcodeAndTown>
<gsd:PrecedingReportingPeriodStartDate contextRef="ctx1">2019-01-01</gsd:PrecedingReportingPeriodStartDate>
<gsd:PredingReportingPeriodEndDate contextRef="ctx1">2019-12-31</gsd:PredingReportingPeriodEndDate>
<cmn:TypeOfAuditorAssistance contextRef="ctx1">Revisionspåtegning</cmn:TypeOfAuditorAssistance>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx2" xml:lang="da">Jesper Søgaard</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
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<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx3" xml:lang="da">Christian Kirk Rasmussen</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx3" xml:lang="da">COO & Co-founder</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx4" xml:lang="da">Flemming Pedersen</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx4" xml:lang="da">CFO</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx5" xml:lang="da">Jens Bager</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx5" xml:lang="da">Chairman</cmn:TitleOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx6" xml:lang="da">Todd Dunlap</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx7" xml:lang="da">Klaus Holse</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx8" xml:lang="da">Søren Jørgensen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx9" xml:lang="da">Leif Nørgaard</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx10" xml:lang="da">Petra von Rohr</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<ifrs-full:Revenue contextRef="ctx11" unitRef="vEUR" decimals="-3">67449000</ifrs-full:Revenue>
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<ifrs-full:EmployeeBenefitsExpense contextRef="ctx11" unitRef="vEUR" decimals="-3">21102000</ifrs-full:EmployeeBenefitsExpense>
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<ifrs-full:AmortisationExpense contextRef="ctx11" unitRef="vEUR" decimals="-3">5413000</ifrs-full:AmortisationExpense>
<ifrs-dk:SpecialItems contextRef="ctx11" unitRef="vEUR" decimals="-3">-615000</ifrs-dk:SpecialItems>
<ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">21202000</ifrs-full:ProfitLossFromOperatingActivities>
<ifrs-full:FinanceIncome contextRef="ctx11" unitRef="vEUR" decimals="-3">1129000</ifrs-full:FinanceIncome>
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<ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="ctx11" unitRef="vEUR" decimals="-3">4810000</ifrs-full:IncomeTaxExpenseContinuingOperations>
<ifrs-full:ProfitLoss contextRef="ctx11" unitRef="vEUR" decimals="-3">13944000</ifrs-full:ProfitLoss>
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<ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax contextRef="ctx11" unitRef="vEUR" decimals="-3">884000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax>
<ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome contextRef="ctx11" unitRef="vEUR" decimals="-3">142000</ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome>
<ifrs-full:OtherComprehensiveIncome contextRef="ctx11" unitRef="vEUR" decimals="-3">741000</ifrs-full:OtherComprehensiveIncome>
<ifrs-full:ComprehensiveIncome contextRef="ctx11" unitRef="vEUR" decimals="-3">14686000</ifrs-full:ComprehensiveIncome>
<ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent contextRef="ctx11" unitRef="vEUR" decimals="-3">14686000</ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent>
<ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners contextRef="ctx11" unitRef="vEUR" decimals="-3">0</ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners>
<ifrs-full:AdjustmentsForFinanceCosts contextRef="ctx11" unitRef="vEUR" decimals="-3">2445000</ifrs-full:AdjustmentsForFinanceCosts>
<easy:AdjustmentForSpecialItems contextRef="ctx11" unitRef="vEUR" decimals="-3">614000</easy:AdjustmentForSpecialItems>
<ifrs-dk:AdjustmentsForDepreciationAndImpairmentLoss contextRef="ctx11" unitRef="vEUR" decimals="-3">6244000</ifrs-dk:AdjustmentsForDepreciationAndImpairmentLoss>
<easy:AdjustmentsForNoncashItems contextRef="ctx11" unitRef="vEUR" decimals="-3">384000</easy:AdjustmentsForNoncashItems>
<ifrs-dk:AdjustmentsForDecreaseIncreaseInWorkingCapital contextRef="ctx11" unitRef="vEUR" decimals="-3">-1858000</ifrs-dk:AdjustmentsForDecreaseIncreaseInWorkingCapital>
<ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">-3793000</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
<ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">20065000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
<ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">-25613000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">-22575000</ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">-960000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
<ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">5000</ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
<ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">-49509000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
<ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">-78677000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
<ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">86937000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
<ifrs-full:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">-466000</ifrs-full:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities>
<ifrs-full:ProceedsFromIssuingShares contextRef="ctx11" unitRef="vEUR" decimals="-3">30620000</ifrs-full:ProceedsFromIssuingShares>
<ifrs-dk:PurchaseSaleOfTreasuryAssets contextRef="ctx11" unitRef="vEUR" decimals="-3">0</ifrs-dk:PurchaseSaleOfTreasuryAssets>
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<ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="ctx11" unitRef="vEUR" decimals="-3">36365000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
<ifrs-full:IncreaseDecreaseInCashAndCashEquivalents contextRef="ctx11" unitRef="vEUR" decimals="-3">6921000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
<ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="ctx11" unitRef="vEUR" decimals="-3">-144000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
<ifrs-full:Goodwill contextRef="ctx12" unitRef="vEUR" decimals="-3">99315000</ifrs-full:Goodwill>
<ifrs-dk:PatentsLicensesAndSoftware contextRef="ctx12" unitRef="vEUR" decimals="-3">150274000</ifrs-dk:PatentsLicensesAndSoftware>
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<ifrs-full:IntangibleAssetsAndGoodwill contextRef="ctx12" unitRef="vEUR" decimals="-3">258967000</ifrs-full:IntangibleAssetsAndGoodwill>
<ifrs-full:LandAndBuildings contextRef="ctx12" unitRef="vEUR" decimals="-3">721000</ifrs-full:LandAndBuildings>
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<ifrs-full:FixturesAndFittings contextRef="ctx12" unitRef="vEUR" decimals="-3">1448000</ifrs-full:FixturesAndFittings>
<ifrs-full:PropertyPlantAndEquipment contextRef="ctx12" unitRef="vEUR" decimals="-3">5395000</ifrs-full:PropertyPlantAndEquipment>
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<easy:TradeAndOtherReceivablesCurrent contextRef="ctx12" unitRef="vEUR" decimals="-3">18248000</easy:TradeAndOtherReceivablesCurrent>
<ifrs-full:CurrentTaxAssetsCurrent contextRef="ctx12" unitRef="vEUR" decimals="-3">788000</ifrs-full:CurrentTaxAssetsCurrent>
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<ifrs-full:Cash contextRef="ctx12" unitRef="vEUR" decimals="-3">21127000</ifrs-full:Cash>
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<ifrs-full:Assets contextRef="ctx12" unitRef="vEUR" decimals="-3">315065000</ifrs-full:Assets>
<ifrs-full:IssuedCapital contextRef="ctx12" unitRef="vEUR" decimals="-3">469000</ifrs-full:IssuedCapital>
<ifrs-full:SharePremium contextRef="ctx12" unitRef="vEUR" decimals="-3">108825000</ifrs-full:SharePremium>
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<ifrs-full:RetainedEarnings contextRef="ctx12" unitRef="vEUR" decimals="-3">55019000</ifrs-full:RetainedEarnings>
<ifrs-full:Equity contextRef="ctx12" unitRef="vEUR" decimals="-3">162542000</ifrs-full:Equity>
<ifrs-dk:NoncurrentPayablesToMortgageCreditInstitutions contextRef="ctx12" unitRef="vEUR" decimals="-3">507000</ifrs-dk:NoncurrentPayablesToMortgageCreditInstitutions>
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<easy:ContingentConsideration contextRef="ctx12" unitRef="vEUR" decimals="-3">20807000</easy:ContingentConsideration>
<ifrs-full:NoncurrentLiabilities contextRef="ctx12" unitRef="vEUR" decimals="-3">126212000</ifrs-full:NoncurrentLiabilities>
<ifrs-dk:CurrentPrepaymentsFromCustomers contextRef="ctx12" unitRef="vEUR" decimals="-3">450000</ifrs-dk:CurrentPrepaymentsFromCustomers>
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<ifrs-full:Liabilities contextRef="ctx12" unitRef="vEUR" decimals="-3">152523000</ifrs-full:Liabilities>
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<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx14" xml:lang="da">Operating Profit for the period before special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx14" unitRef="vEUR" decimals="-3">30369000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx15" xml:lang="da">Operating Profit for the period before special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx15" unitRef="vEUR" decimals="-3">21814000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx16" xml:lang="da">Cash flow from operations before changes in working capital and special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx16" unitRef="vEUR" decimals="-3">39107000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx17" xml:lang="da">Cash flow from operations before changes in working capital and special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx17" unitRef="vEUR" decimals="-3">28442000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx18" xml:lang="da">Cash flow from operations before special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx18" unitRef="vEUR" decimals="-3">38321000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx19" xml:lang="da">Cash flow from operations before special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx19" unitRef="vEUR" decimals="-3">26585000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx20" xml:lang="da">Special items, cash flow</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx20" unitRef="vEUR" decimals="-3">-625000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx21" xml:lang="da">Special items, cash flow</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx21" unitRef="vEUR" decimals="-3">-1103000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx22" xml:lang="da">Cash flow from operations</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx22" unitRef="vEUR" decimals="-3">37696000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx23" xml:lang="da">Cash flow from operations</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx23" unitRef="vEUR" decimals="-3">25481000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx24" xml:lang="da">Financial income, received</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx24" unitRef="vEUR" decimals="-3">1415000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx25" xml:lang="da">Financial income, received</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx25" unitRef="vEUR" decimals="-3">955000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx26" xml:lang="da">Financial expenses, paid</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx26" unitRef="vEUR" decimals="-3">-2497000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx27" xml:lang="da">Financial expenses, paid</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx27" unitRef="vEUR" decimals="-3">-2578000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx28" xml:lang="da">Change in non-current assets</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx28" unitRef="vEUR" decimals="-3">-36000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx29" xml:lang="da">Change in non-current assets</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx29" unitRef="vEUR" decimals="-3">-367000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx30" xml:lang="da">Other non-current liabilities</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx30" unitRef="vEUR" decimals="-3">484000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx31" xml:lang="da">Other non-current liabilities</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx31" unitRef="vEUR" decimals="-3">350000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx32" xml:lang="da">Transaction cost</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx32" unitRef="vEUR" decimals="-3">-33000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx33" xml:lang="da">Transaction cost</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx33" unitRef="vEUR" decimals="-3">-713000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-full:CashAndCashEquivalents contextRef="ctx34" unitRef="vEUR" decimals="-3">22755000</ifrs-full:CashAndCashEquivalents>
<ifrs-full:CashAndCashEquivalents contextRef="ctx35" unitRef="vEUR" decimals="-3">15978000</ifrs-full:CashAndCashEquivalents>
<ifrs-full:Revenue contextRef="ctx36" unitRef="vEUR" decimals="-3">26940000</ifrs-full:Revenue>
<ifrs-full:OtherGainsLosses contextRef="ctx36" unitRef="vEUR" decimals="-3">8878000</ifrs-full:OtherGainsLosses>
<ifrs-dk:DirectCosts contextRef="ctx36" unitRef="vEUR" decimals="-3">3546000</ifrs-dk:DirectCosts>
<ifrs-full:EmployeeBenefitsExpense contextRef="ctx36" unitRef="vEUR" decimals="-3">10958000</ifrs-full:EmployeeBenefitsExpense>
<ifrs-full:DepreciationExpense contextRef="ctx36" unitRef="vEUR" decimals="-3">482000</ifrs-full:DepreciationExpense>
<ifrs-dk:OtherExternalExpenses contextRef="ctx36" unitRef="vEUR" decimals="-3">9129000</ifrs-dk:OtherExternalExpenses>
<ifrs-full:AmortisationExpense contextRef="ctx36" unitRef="vEUR" decimals="-3">1974000</ifrs-full:AmortisationExpense>
<ifrs-dk:SpecialItems contextRef="ctx36" unitRef="vEUR" decimals="-3">266000</ifrs-dk:SpecialItems>
<ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">9994000</ifrs-full:ProfitLossFromOperatingActivities>
<ifrs-full:FinanceIncome contextRef="ctx36" unitRef="vEUR" decimals="-3">13860000</ifrs-full:FinanceIncome>
<ifrs-full:FinanceCosts contextRef="ctx36" unitRef="vEUR" decimals="-3">6573000</ifrs-full:FinanceCosts>
<ifrs-full:ProfitLossBeforeTax contextRef="ctx36" unitRef="vEUR" decimals="-3">17280000</ifrs-full:ProfitLossBeforeTax>
<ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="ctx36" unitRef="vEUR" decimals="-3">1563000</ifrs-full:IncomeTaxExpenseContinuingOperations>
<ifrs-full:ProfitLoss contextRef="ctx36" unitRef="vEUR" decimals="-3">15717000</ifrs-full:ProfitLoss>
<ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax contextRef="ctx36" unitRef="vEUR" decimals="-3">601000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax>
<ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome contextRef="ctx36" unitRef="vEUR" decimals="-3">0</ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome>
<ifrs-full:OtherComprehensiveIncome contextRef="ctx36" unitRef="vEUR" decimals="-3">601000</ifrs-full:OtherComprehensiveIncome>
<ifrs-full:ComprehensiveIncome contextRef="ctx36" unitRef="vEUR" decimals="-3">16319000</ifrs-full:ComprehensiveIncome>
<ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners contextRef="ctx36" unitRef="vEUR" decimals="-3">0</ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners>
<ifrs-full:AdjustmentsForFinanceCosts contextRef="ctx36" unitRef="vEUR" decimals="-3">-7287000</ifrs-full:AdjustmentsForFinanceCosts>
<easy:AdjustmentForSpecialItems contextRef="ctx36" unitRef="vEUR" decimals="-3">-266000</easy:AdjustmentForSpecialItems>
<ifrs-dk:AdjustmentsForDepreciationAndImpairmentLoss contextRef="ctx36" unitRef="vEUR" decimals="-3">2456000</ifrs-dk:AdjustmentsForDepreciationAndImpairmentLoss>
<easy:AdjustmentsForNoncashItems contextRef="ctx36" unitRef="vEUR" decimals="-3">955000</easy:AdjustmentsForNoncashItems>
<ifrs-dk:AdjustmentsForDecreaseIncreaseInWorkingCapital contextRef="ctx36" unitRef="vEUR" decimals="-3">3710000</ifrs-dk:AdjustmentsForDecreaseIncreaseInWorkingCapital>
<ifrs-full:DividendsReceivedClassifiedAsOperatingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">10733000</ifrs-full:DividendsReceivedClassifiedAsOperatingActivities>
<ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">-2105000</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
<ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">25169000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
<ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">-67555000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">-1850000</ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">-75000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
<ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">-69431000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
<ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">-22756000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
<ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">74629000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
<ifrs-full:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">-281000</ifrs-full:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities>
<ifrs-full:ProceedsFromIssuingShares contextRef="ctx36" unitRef="vEUR" decimals="-3">393000</ifrs-full:ProceedsFromIssuingShares>
<ifrs-dk:PurchaseSaleOfTreasuryAssets contextRef="ctx36" unitRef="vEUR" decimals="-3">-4903000</ifrs-dk:PurchaseSaleOfTreasuryAssets>
<ifrs-dk:ProceedsFromSaleOfWarrants contextRef="ctx36" unitRef="vEUR" decimals="-3">0</ifrs-dk:ProceedsFromSaleOfWarrants>
<ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="ctx36" unitRef="vEUR" decimals="-3">44020000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
<ifrs-full:IncreaseDecreaseInCashAndCashEquivalents contextRef="ctx36" unitRef="vEUR" decimals="-3">-242000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
<ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="ctx36" unitRef="vEUR" decimals="-3">24000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
<ifrs-full:Revenue contextRef="ctx37" unitRef="vEUR" decimals="-3">24952000</ifrs-full:Revenue>
<ifrs-full:OtherGainsLosses contextRef="ctx37" unitRef="vEUR" decimals="-3">6183000</ifrs-full:OtherGainsLosses>
<ifrs-dk:DirectCosts contextRef="ctx37" unitRef="vEUR" decimals="-3">3044000</ifrs-dk:DirectCosts>
<ifrs-full:EmployeeBenefitsExpense contextRef="ctx37" unitRef="vEUR" decimals="-3">11290000</ifrs-full:EmployeeBenefitsExpense>
<ifrs-full:DepreciationExpense contextRef="ctx37" unitRef="vEUR" decimals="-3">455000</ifrs-full:DepreciationExpense>
<ifrs-dk:OtherExternalExpenses contextRef="ctx37" unitRef="vEUR" decimals="-3">10729000</ifrs-dk:OtherExternalExpenses>
<ifrs-full:AmortisationExpense contextRef="ctx37" unitRef="vEUR" decimals="-3">1142000</ifrs-full:AmortisationExpense>
<ifrs-dk:SpecialItems contextRef="ctx37" unitRef="vEUR" decimals="-3">375000</ifrs-dk:SpecialItems>
<ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">4851000</ifrs-full:ProfitLossFromOperatingActivities>
<ifrs-full:FinanceIncome contextRef="ctx37" unitRef="vEUR" decimals="-3">15358000</ifrs-full:FinanceIncome>
<ifrs-full:FinanceCosts contextRef="ctx37" unitRef="vEUR" decimals="-3">4084000</ifrs-full:FinanceCosts>
<ifrs-full:ProfitLossBeforeTax contextRef="ctx37" unitRef="vEUR" decimals="-3">16125000</ifrs-full:ProfitLossBeforeTax>
<ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="ctx37" unitRef="vEUR" decimals="-3">789000</ifrs-full:IncomeTaxExpenseContinuingOperations>
<ifrs-full:ProfitLoss contextRef="ctx37" unitRef="vEUR" decimals="-3">15336000</ifrs-full:ProfitLoss>
<ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax contextRef="ctx37" unitRef="vEUR" decimals="-3">-23000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax>
<ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome contextRef="ctx37" unitRef="vEUR" decimals="-3">0</ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome>
<ifrs-full:OtherComprehensiveIncome contextRef="ctx37" unitRef="vEUR" decimals="-3">-23000</ifrs-full:OtherComprehensiveIncome>
<ifrs-full:ComprehensiveIncome contextRef="ctx37" unitRef="vEUR" decimals="-3">15313000</ifrs-full:ComprehensiveIncome>
<ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners contextRef="ctx37" unitRef="vEUR" decimals="-3">0</ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners>
<ifrs-full:AdjustmentsForFinanceCosts contextRef="ctx37" unitRef="vEUR" decimals="-3">-11274000</ifrs-full:AdjustmentsForFinanceCosts>
<easy:AdjustmentForSpecialItems contextRef="ctx37" unitRef="vEUR" decimals="-3">-375000</easy:AdjustmentForSpecialItems>
<ifrs-dk:AdjustmentsForDepreciationAndImpairmentLoss contextRef="ctx37" unitRef="vEUR" decimals="-3">1597000</ifrs-dk:AdjustmentsForDepreciationAndImpairmentLoss>
<easy:AdjustmentsForNoncashItems contextRef="ctx37" unitRef="vEUR" decimals="-3">384000</easy:AdjustmentsForNoncashItems>
<ifrs-dk:AdjustmentsForDecreaseIncreaseInWorkingCapital contextRef="ctx37" unitRef="vEUR" decimals="-3">-5000</ifrs-dk:AdjustmentsForDecreaseIncreaseInWorkingCapital>
<ifrs-full:DividendsReceivedClassifiedAsOperatingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">12578000</ifrs-full:DividendsReceivedClassifiedAsOperatingActivities>
<ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">-220000</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
<ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">17354000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
<ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">-11845000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">-4273000</ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">-140000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
<ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">-50544000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
<ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">-78677000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
<ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">86937000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
<ifrs-full:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">-263000</ifrs-full:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities>
<ifrs-full:ProceedsFromIssuingShares contextRef="ctx37" unitRef="vEUR" decimals="-3">30620000</ifrs-full:ProceedsFromIssuingShares>
<ifrs-dk:PurchaseSaleOfTreasuryAssets contextRef="ctx37" unitRef="vEUR" decimals="-3">0</ifrs-dk:PurchaseSaleOfTreasuryAssets>
<ifrs-dk:ProceedsFromSaleOfWarrants contextRef="ctx37" unitRef="vEUR" decimals="-3">-1686000</ifrs-dk:ProceedsFromSaleOfWarrants>
<ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="ctx37" unitRef="vEUR" decimals="-3">40734000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
<ifrs-full:IncreaseDecreaseInCashAndCashEquivalents contextRef="ctx37" unitRef="vEUR" decimals="-3">7544000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
<ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="ctx37" unitRef="vEUR" decimals="-3">-1000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
<ifrs-dk:PatentsLicensesAndSoftware contextRef="ctx38" unitRef="vEUR" decimals="-3">15185000</ifrs-dk:PatentsLicensesAndSoftware>
<ifrs-full:OtherIntangibleAssets contextRef="ctx38" unitRef="vEUR" decimals="-3">3355000</ifrs-full:OtherIntangibleAssets>
<ifrs-full:IntangibleAssetsAndGoodwill contextRef="ctx38" unitRef="vEUR" decimals="-3">18540000</ifrs-full:IntangibleAssetsAndGoodwill>
<ifrs-full:LandAndBuildings contextRef="ctx38" unitRef="vEUR" decimals="-3">704000</ifrs-full:LandAndBuildings>
<ifrs-dk:RightofuseAssets contextRef="ctx38" unitRef="vEUR" decimals="-3">896000</ifrs-dk:RightofuseAssets>
<ifrs-full:FixturesAndFittings contextRef="ctx38" unitRef="vEUR" decimals="-3">317000</ifrs-full:FixturesAndFittings>
<ifrs-full:PropertyPlantAndEquipment contextRef="ctx38" unitRef="vEUR" decimals="-3">1917000</ifrs-full:PropertyPlantAndEquipment>
<ifrs-full:InvestmentsInSubsidiaries contextRef="ctx38" unitRef="vEUR" decimals="-3">183856000</ifrs-full:InvestmentsInSubsidiaries>
<ifrs-dk:NoncurrentReceivablesFromSubsidaries contextRef="ctx38" unitRef="vEUR" decimals="-3">36969000</ifrs-dk:NoncurrentReceivablesFromSubsidaries>
<ifrs-full:OtherNoncurrentFinancialAssets contextRef="ctx38" unitRef="vEUR" decimals="-3">1146000</ifrs-full:OtherNoncurrentFinancialAssets>
<ifrs-dk:NoncurrentPrepaymentsDeposits contextRef="ctx38" unitRef="vEUR" decimals="-3">160000</ifrs-dk:NoncurrentPrepaymentsDeposits>
<ifrs-full:NoncurrentAssets contextRef="ctx38" unitRef="vEUR" decimals="-3">242588000</ifrs-full:NoncurrentAssets>
<easy:TradeAndOtherReceivablesCurrent contextRef="ctx38" unitRef="vEUR" decimals="-3">4648000</easy:TradeAndOtherReceivablesCurrent>
<ifrs-dk:CurrentReceivablesFromSubsidaries contextRef="ctx38" unitRef="vEUR" decimals="-3">1657000</ifrs-dk:CurrentReceivablesFromSubsidaries>
<ifrs-full:CurrentTaxAssetsCurrent contextRef="ctx38" unitRef="vEUR" decimals="-3">653000</ifrs-full:CurrentTaxAssetsCurrent>
<ifrs-full:CurrentPrepayments contextRef="ctx38" unitRef="vEUR" decimals="-3">736000</ifrs-full:CurrentPrepayments>
<ifrs-full:OtherCashAndCashEquivalents contextRef="ctx38" unitRef="vEUR" decimals="-3">6926000</ifrs-full:OtherCashAndCashEquivalents>
<ifrs-full:Cash contextRef="ctx38" unitRef="vEUR" decimals="-3">2560000</ifrs-full:Cash>
<ifrs-full:CurrentAssets contextRef="ctx38" unitRef="vEUR" decimals="-3">17180000</ifrs-full:CurrentAssets>
<ifrs-full:Assets contextRef="ctx38" unitRef="vEUR" decimals="-3">259767000</ifrs-full:Assets>
<ifrs-full:IssuedCapital contextRef="ctx38" unitRef="vEUR" decimals="-3">469000</ifrs-full:IssuedCapital>
<ifrs-full:SharePremium contextRef="ctx38" unitRef="vEUR" decimals="-3">108825000</ifrs-full:SharePremium>
<easy:EasyX_911313520 contextRef="ctx38" unitRef="vEUR" decimals="-3">494000</easy:EasyX_911313520>
<ifrs-full:TreasuryShares contextRef="ctx38" unitRef="vEUR" decimals="-3">2000</ifrs-full:TreasuryShares>
<ifrs-full:RetainedEarnings contextRef="ctx38" unitRef="vEUR" decimals="-3">45137000</ifrs-full:RetainedEarnings>
<ifrs-full:Equity contextRef="ctx38" unitRef="vEUR" decimals="-3">154923000</ifrs-full:Equity>
<ifrs-dk:NoncurrentPayablesToMortgageCreditInstitutions contextRef="ctx38" unitRef="vEUR" decimals="-3">507000</ifrs-dk:NoncurrentPayablesToMortgageCreditInstitutions>
<ifrs-dk:NoncurrentPayablesToOtherCreditInstitutions contextRef="ctx38" unitRef="vEUR" decimals="-3">68770000</ifrs-dk:NoncurrentPayablesToOtherCreditInstitutions>
<ifrs-full:NoncurrentFinanceLeaseLiabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">629000</ifrs-full:NoncurrentFinanceLeaseLiabilities>
<ifrs-full:DeferredTaxLiabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">1163000</ifrs-full:DeferredTaxLiabilities>
<ifrs-full:OtherNoncurrentFinancialLiabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">8796000</ifrs-full:OtherNoncurrentFinancialLiabilities>
<ifrs-full:NoncurrentLiabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">79864000</ifrs-full:NoncurrentLiabilities>
<easy:CurrentTradeAndOtherPayables contextRef="ctx38" unitRef="vEUR" decimals="-3">2127000</easy:CurrentTradeAndOtherPayables>
<ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties contextRef="ctx38" unitRef="vEUR" decimals="-3">12585000</ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties>
<ifrs-full:CurrentTaxLiabilitiesCurrent contextRef="ctx38" unitRef="vEUR" decimals="-3">70000</ifrs-full:CurrentTaxLiabilitiesCurrent>
<ifrs-full:OtherCurrentFinancialLiabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">9850000</ifrs-full:OtherCurrentFinancialLiabilities>
<ifrs-dk:CurrentPayablesToMortgageCreditInstitutions contextRef="ctx38" unitRef="vEUR" decimals="-3">20000</ifrs-dk:CurrentPayablesToMortgageCreditInstitutions>
<ifrs-full:CurrentFinanceLeaseLiabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">328000</ifrs-full:CurrentFinanceLeaseLiabilities>
<ifrs-full:CurrentLiabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">24980000</ifrs-full:CurrentLiabilities>
<ifrs-full:Liabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">104844000</ifrs-full:Liabilities>
<ifrs-full:EquityAndLiabilities contextRef="ctx38" unitRef="vEUR" decimals="-3">259767000</ifrs-full:EquityAndLiabilities>
<ifrs-full:CashAndCashEquivalents contextRef="ctx38" unitRef="vEUR" decimals="-3">9486000</ifrs-full:CashAndCashEquivalents>
<easy:RestrictedCash contextRef="ctx38" unitRef="vEUR" decimals="-3">6926000</easy:RestrictedCash>
<easy:EasyX_1332724898 contextRef="ctx38" unitRef="vEUR" decimals="-3">2560000</easy:EasyX_1332724898>
<ifrs-dk:PatentsLicensesAndSoftware contextRef="ctx39" unitRef="vEUR" decimals="-3">14319000</ifrs-dk:PatentsLicensesAndSoftware>
<ifrs-full:OtherIntangibleAssets contextRef="ctx39" unitRef="vEUR" decimals="-3">5560000</ifrs-full:OtherIntangibleAssets>
<ifrs-full:IntangibleAssetsAndGoodwill contextRef="ctx39" unitRef="vEUR" decimals="-3">19879000</ifrs-full:IntangibleAssetsAndGoodwill>
<ifrs-full:LandAndBuildings contextRef="ctx39" unitRef="vEUR" decimals="-3">718000</ifrs-full:LandAndBuildings>
<ifrs-dk:RightofuseAssets contextRef="ctx39" unitRef="vEUR" decimals="-3">1196000</ifrs-dk:RightofuseAssets>
<ifrs-full:FixturesAndFittings contextRef="ctx39" unitRef="vEUR" decimals="-3">401000</ifrs-full:FixturesAndFittings>
<ifrs-full:PropertyPlantAndEquipment contextRef="ctx39" unitRef="vEUR" decimals="-3">2316000</ifrs-full:PropertyPlantAndEquipment>
<ifrs-full:InvestmentsInSubsidiaries contextRef="ctx39" unitRef="vEUR" decimals="-3">103024000</ifrs-full:InvestmentsInSubsidiaries>
<ifrs-dk:NoncurrentReceivablesFromSubsidaries contextRef="ctx39" unitRef="vEUR" decimals="-3">36714000</ifrs-dk:NoncurrentReceivablesFromSubsidaries>
<ifrs-full:OtherNoncurrentFinancialAssets contextRef="ctx39" unitRef="vEUR" decimals="-3">1175000</ifrs-full:OtherNoncurrentFinancialAssets>
<ifrs-dk:NoncurrentPrepaymentsDeposits contextRef="ctx39" unitRef="vEUR" decimals="-3">156000</ifrs-dk:NoncurrentPrepaymentsDeposits>
<ifrs-full:NoncurrentAssets contextRef="ctx39" unitRef="vEUR" decimals="-3">163264000</ifrs-full:NoncurrentAssets>
<easy:TradeAndOtherReceivablesCurrent contextRef="ctx39" unitRef="vEUR" decimals="-3">4471000</easy:TradeAndOtherReceivablesCurrent>
<ifrs-dk:CurrentReceivablesFromSubsidaries contextRef="ctx39" unitRef="vEUR" decimals="-3">3095000</ifrs-dk:CurrentReceivablesFromSubsidaries>
<ifrs-full:CurrentTaxAssetsCurrent contextRef="ctx39" unitRef="vEUR" decimals="-3">0</ifrs-full:CurrentTaxAssetsCurrent>
<ifrs-full:CurrentPrepayments contextRef="ctx39" unitRef="vEUR" decimals="-3">771000</ifrs-full:CurrentPrepayments>
<ifrs-full:OtherCashAndCashEquivalents contextRef="ctx39" unitRef="vEUR" decimals="-3">0</ifrs-full:OtherCashAndCashEquivalents>
<ifrs-full:Cash contextRef="ctx39" unitRef="vEUR" decimals="-3">9704000</ifrs-full:Cash>
<ifrs-full:CurrentAssets contextRef="ctx39" unitRef="vEUR" decimals="-3">18041000</ifrs-full:CurrentAssets>
<ifrs-full:Assets contextRef="ctx39" unitRef="vEUR" decimals="-3">181304000</ifrs-full:Assets>
<ifrs-full:IssuedCapital contextRef="ctx39" unitRef="vEUR" decimals="-3">464000</ifrs-full:IssuedCapital>
<ifrs-full:SharePremium contextRef="ctx39" unitRef="vEUR" decimals="-3">106295000</ifrs-full:SharePremium>
<easy:EasyX_911313520 contextRef="ctx39" unitRef="vEUR" decimals="-3">-107000</easy:EasyX_911313520>
<ifrs-full:TreasuryShares contextRef="ctx39" unitRef="vEUR" decimals="-3">0</ifrs-full:TreasuryShares>
<ifrs-full:RetainedEarnings contextRef="ctx39" unitRef="vEUR" decimals="-3">27060000</ifrs-full:RetainedEarnings>
<ifrs-full:Equity contextRef="ctx39" unitRef="vEUR" decimals="-3">133712000</ifrs-full:Equity>
<ifrs-dk:NoncurrentPayablesToMortgageCreditInstitutions contextRef="ctx39" unitRef="vEUR" decimals="-3">524000</ifrs-dk:NoncurrentPayablesToMortgageCreditInstitutions>
<ifrs-dk:NoncurrentPayablesToOtherCreditInstitutions contextRef="ctx39" unitRef="vEUR" decimals="-3">16734000</ifrs-dk:NoncurrentPayablesToOtherCreditInstitutions>
<ifrs-full:NoncurrentFinanceLeaseLiabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">909000</ifrs-full:NoncurrentFinanceLeaseLiabilities>
<ifrs-full:DeferredTaxLiabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">884000</ifrs-full:DeferredTaxLiabilities>
<ifrs-full:OtherNoncurrentFinancialLiabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">4531000</ifrs-full:OtherNoncurrentFinancialLiabilities>
<ifrs-full:NoncurrentLiabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">23583000</ifrs-full:NoncurrentLiabilities>
<easy:CurrentTradeAndOtherPayables contextRef="ctx39" unitRef="vEUR" decimals="-3">1954000</easy:CurrentTradeAndOtherPayables>
<ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties contextRef="ctx39" unitRef="vEUR" decimals="-3">9991000</ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties>
<ifrs-full:CurrentTaxLiabilitiesCurrent contextRef="ctx39" unitRef="vEUR" decimals="-3">233000</ifrs-full:CurrentTaxLiabilitiesCurrent>
<ifrs-full:OtherCurrentFinancialLiabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">11489000</ifrs-full:OtherCurrentFinancialLiabilities>
<ifrs-dk:CurrentPayablesToMortgageCreditInstitutions contextRef="ctx39" unitRef="vEUR" decimals="-3">20000</ifrs-dk:CurrentPayablesToMortgageCreditInstitutions>
<ifrs-full:CurrentFinanceLeaseLiabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">323000</ifrs-full:CurrentFinanceLeaseLiabilities>
<ifrs-full:CurrentLiabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">24009000</ifrs-full:CurrentLiabilities>
<ifrs-full:Liabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">47592000</ifrs-full:Liabilities>
<ifrs-full:EquityAndLiabilities contextRef="ctx39" unitRef="vEUR" decimals="-3">181304000</ifrs-full:EquityAndLiabilities>
<ifrs-full:CashAndCashEquivalents contextRef="ctx39" unitRef="vEUR" decimals="-3">9704000</ifrs-full:CashAndCashEquivalents>
<easy:RestrictedCash contextRef="ctx39" unitRef="vEUR" decimals="-3">0</easy:RestrictedCash>
<easy:EasyX_1332724898 contextRef="ctx39" unitRef="vEUR" decimals="-3">9704000</easy:EasyX_1332724898>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx40" xml:lang="da">Operating Profit for the period before special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx40" unitRef="vEUR" decimals="-3">9728000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx41" xml:lang="da">Operating Profit for the period before special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx41" unitRef="vEUR" decimals="-3">4475000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx42" xml:lang="da">Cash flow from operations before changes in working capital and special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx42" unitRef="vEUR" decimals="-3">13140000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx43" xml:lang="da">Cash flow from operations before changes in working capital and special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx43" unitRef="vEUR" decimals="-3">6457000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx44" xml:lang="da">Cash flow from operations before special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx44" unitRef="vEUR" decimals="-3">16850000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx45" xml:lang="da">Cash flow from operations before special items</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx45" unitRef="vEUR" decimals="-3">6451000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx46" xml:lang="da">Special items, cash flow</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx46" unitRef="vEUR" decimals="-3">-479000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx47" xml:lang="da">Special items, cash flow</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx47" unitRef="vEUR" decimals="-3">-111000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx48" xml:lang="da">Cash flow from operations</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx48" unitRef="vEUR" decimals="-3">16371000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx49" xml:lang="da">Cash flow from operations</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx49" unitRef="vEUR" decimals="-3">6340000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx50" xml:lang="da">Other Financial income, received</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx50" unitRef="vEUR" decimals="-3">1883000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx51" xml:lang="da">Other Financial income, received</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx51" unitRef="vEUR" decimals="-3">965000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx52" xml:lang="da">Financial expenses, paid</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx52" unitRef="vEUR" decimals="-3">-1713000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx53" xml:lang="da">Financial expenses, paid</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx53" unitRef="vEUR" decimals="-3">-2309000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx54" xml:lang="da">Cash flow from ordinary activities before tax</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx54" unitRef="vEUR" decimals="-3">27274000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx55" xml:lang="da">Cash flow from ordinary activities before tax</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx55" unitRef="vEUR" decimals="-3">17574000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx56" xml:lang="da">Non-current loans to subsidiaries</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx56" unitRef="vEUR" decimals="-3">0</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx57" xml:lang="da">Non-current loans to subsidiaries</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx57" unitRef="vEUR" decimals="-3">-33961000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx58" xml:lang="da">Change in other non-current assets</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx58" unitRef="vEUR" decimals="-3">50000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx59" xml:lang="da">Change in other non-current assets</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities contextRef="ctx59" unitRef="vEUR" decimals="-3">-326000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInInvestingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx60" xml:lang="da">Group Financial borrowings</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx60" unitRef="vEUR" decimals="-3">-3515000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx61" xml:lang="da">Group Financial borrowings</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx61" unitRef="vEUR" decimals="-3">4166000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx62" xml:lang="da">Other non-current liabilities</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx62" unitRef="vEUR" decimals="-3">484000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx63" xml:lang="da">Other non-current liabilities</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx63" unitRef="vEUR" decimals="-3">350000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx64" xml:lang="da">Transaction cost</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx64" unitRef="vEUR" decimals="-3">-33000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx65" xml:lang="da">Transaction cost</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx65" unitRef="vEUR" decimals="-3">-713000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-full:CashAndCashEquivalents contextRef="ctx66" unitRef="vEUR" decimals="-3">9704000</ifrs-full:CashAndCashEquivalents>
<ifrs-full:CashAndCashEquivalents contextRef="ctx67" unitRef="vEUR" decimals="-3">2162000</ifrs-full:CashAndCashEquivalents>
<cmn:NameOfAuditFirm contextRef="ctx68" xml:lang="da">EY Godkendt Revisionspartnerselskab</cmn:NameOfAuditFirm>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx68">30700228</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameAndSurnameOfAuditor contextRef="ctx68" xml:lang="da">Jan C. Olsen</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx68" xml:lang="da">State Authorised Public Accountant</cmn:DescriptionOfAuditor>
<arr:IdentificationNumberOfAuditor contextRef="ctx68">mne33717</arr:IdentificationNumberOfAuditor>
<cmn:NameAndSurnameOfAuditor contextRef="ctx69" xml:lang="da">Peter Andersen</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx69" xml:lang="da">State Authorised Public Accountant</cmn:DescriptionOfAuditor>
<arr:IdentificationNumberOfAuditor contextRef="ctx69">mne34313</arr:IdentificationNumberOfAuditor>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx69">30700228</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameOfAuditFirm contextRef="ctx69" xml:lang="da">EY Godkendt Revisionspartnerselskab</cmn:NameOfAuditFirm>
</xbrli:xbrl>