Assets

Type	Time	Amount	Unit
ifrs-full:Assets	2021-12-31	907321000	vDKK
ifrs-full:Assets	2020-12-31	929451000	vDKK

Revenue

Type	Start date	End date	Amount	Unit
ifrs-full:Revenue	2021-01-01	2021-12-31	1108274000	vDKK
ifrs-full:Revenue	2020-01-01	2020-12-31	1024588000	vDKK

XML

See the xml submitted here:

XML: http://regnskaber.virk.dk/96219273/amNsb3VkczovLzAzL2ZjL2VjLzkyLzJkLzNkNTctNDM0OC05Yjc0LTI2YTdiNDQ0OThlOA.xml

Separator

The full data:

<?xml version="1.0" encoding="UTF-8" standalone="no"?>
<xbrli:xbrl xmlns:xbrli="http://www.xbrl.org/2003/instance"
            xmlns="http://www.w3.org/1999/xhtml"
            xmlns:arr="http://xbrl.dcca.dk/arr"
            xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12"
            xmlns:cmn="http://xbrl.dcca.dk/cmn"
            xmlns:sob="http://xbrl.dcca.dk/sob"
            xmlns:link="http://www.xbrl.org/2003/linkbase"
            xmlns:ifrs-full="http://xbrl.ifrs.org/taxonomy/2020-03-16/ifrs-full"
            xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
            xmlns:ix="http://www.xbrl.org/2013/inlineXBRL"
            xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
            xmlns:mrv="http://xbrl.dcca.dk/mrv"
            xmlns:fsa="http://xbrl.dcca.dk/fsa"
            xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
            xmlns:tcm-group="http://tcmgroup.dk"
            xmlns:gsd="http://xbrl.dcca.dk/gsd"
            xmlns:xlink="http://www.w3.org/1999/xlink"
            id="DKGAAP">
   <link:schemaRef xlink:href="http://archprod.service.eogs.dk/taxonomy/20201001/entryDanishGAAPExcludingBalanceSheetIncomeStatementIncludingManagementsReview20201001.xsd"
                   xlink:type="simple"/>
   <xbrli:context id="ctx2">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx51">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfAuditorDimension">
            <cmn:auditorIdentifier>0</cmn:auditorIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx52">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfAuditorDimension">
            <cmn:auditorIdentifier>1</cmn:auditorIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx53">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfAuditorDimension">
            <cmn:auditorIdentifier>2</cmn:auditorIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx54">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfAuditorDimension">
            <cmn:auditorIdentifier>3</cmn:auditorIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx44">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfExecutiveBoardDimension">
            <cmn:memberOfBoardIdentifier>0</cmn:memberOfBoardIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx45">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfExecutiveBoardDimension">
            <cmn:memberOfBoardIdentifier>1</cmn:memberOfBoardIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx46">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
            <cmn:memberOfBoardIdentifier>0</cmn:memberOfBoardIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx47">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
            <cmn:memberOfBoardIdentifier>1</cmn:memberOfBoardIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx48">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
            <cmn:memberOfBoardIdentifier>2</cmn:memberOfBoardIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx49">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
            <cmn:memberOfBoardIdentifier>3</cmn:memberOfBoardIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <xbrli:context id="ctx50">
      <xbrli:entity>
         <xbrli:identifier scheme="http://standards.iso.org/iso/17442">529900P5DOKT3XLWL480</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
         <xbrli:startDate>2021-01-01</xbrli:startDate>
         <xbrli:endDate>2021-12-31</xbrli:endDate>
      </xbrli:period>
      <xbrli:scenario>
         <xbrldi:explicitMember dimension="cmn:ConsolidatedSoloDimension">cmn:ConsolidatedMember</xbrldi:explicitMember>
         <xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
            <cmn:memberOfBoardIdentifier>4</cmn:memberOfBoardIdentifier>
         </xbrldi:typedMember>
      </xbrli:scenario>
   </xbrli:context>
   <gsd:NameOfReportingEntity contextRef="ctx2" xml:lang="en">TCM Group A/S</gsd:NameOfReportingEntity>
   <gsd:AddressOfReportingEntityStreetName contextRef="ctx2" xml:lang="en">Skautrupvej</gsd:AddressOfReportingEntityStreetName>
   <gsd:AddressOfReportingEntityStreetBuildingIdentifier contextRef="ctx2" xml:lang="en">16</gsd:AddressOfReportingEntityStreetBuildingIdentifier>
   <gsd:AddressOfReportingEntityPostCodeIdentifier contextRef="ctx2" xml:lang="en">7500</gsd:AddressOfReportingEntityPostCodeIdentifier>
   <gsd:AddressOfReportingEntityDistrictName contextRef="ctx2" xml:lang="en">Holstebro</gsd:AddressOfReportingEntityDistrictName>
   <gsd:IdentificationNumberCvrOfReportingEntity contextRef="ctx2" xml:lang="en">37291269</gsd:IdentificationNumberCvrOfReportingEntity>
   <gsd:LegalEntityIdentifierOfReportingEntity contextRef="ctx2" xml:lang="en">529900P5DOKT3XLWL480</gsd:LegalEntityIdentifierOfReportingEntity>
   <gsd:ReportingPeriodStartDate contextRef="ctx2" xml:lang="en">2021-01-01</gsd:ReportingPeriodStartDate>
   <gsd:ReportingPeriodEndDate contextRef="ctx2" xml:lang="en">2021-12-31</gsd:ReportingPeriodEndDate>
   <gsd:PrecedingReportingPeriodStartDate contextRef="ctx2" xml:lang="en">2020-01-01</gsd:PrecedingReportingPeriodStartDate>
   <gsd:PredingReportingPeriodEndDate contextRef="ctx2" xml:lang="en">2020-12-31</gsd:PredingReportingPeriodEndDate>
   <mrv:LinkToCorporateGovernanceReport contextRef="ctx2" xml:lang="en">Corporate Governance | TCM Group A/S</mrv:LinkToCorporateGovernanceReport>
   <fsa:ClassOfReportingEntity contextRef="ctx2" xml:lang="en">Regnskabsklasse D</fsa:ClassOfReportingEntity>
   <gsd:InformationOnTypeOfSubmittedReport contextRef="ctx2" xml:lang="en">Årsrapport</gsd:InformationOnTypeOfSubmittedReport>
   <gsd:IdentificationNumberCvrOfSubmittingEnterprise contextRef="ctx2" xml:lang="en">33767552</gsd:IdentificationNumberCvrOfSubmittingEnterprise>
   <gsd:NameOfSubmittingEnterprise contextRef="ctx2" xml:lang="en">EasyX</gsd:NameOfSubmittingEnterprise>
   <gsd:AddressOfSubmittingEnterpriseStreetAndNumber contextRef="ctx2" xml:lang="en">Vestervoldgade 8, 1th.</gsd:AddressOfSubmittingEnterpriseStreetAndNumber>
   <gsd:AddressOfSubmittingEnterprisePostcodeAndTown contextRef="ctx2" xml:lang="en">1560 København V</gsd:AddressOfSubmittingEnterprisePostcodeAndTown>
   <gsd:ToolForPreparingTheXBRLInstanceDocument contextRef="ctx2" xml:lang="en">xWizard version 1.1.1109.0, by EasyX Aps. www.easyx.eu</gsd:ToolForPreparingTheXBRLInstanceDocument>
   <cmn:TypeOfAuditorAssistance contextRef="ctx2" xml:lang="en">Revisionspåtegning</cmn:TypeOfAuditorAssistance>
   <arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements contextRef="ctx2" xml:lang="en">Grundlag for konklusion</arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements>
   <arr:TypeOfModifiedOpinionOnAuditedFinancialStatements contextRef="ctx2" xml:lang="en">Konklusion</arr:TypeOfModifiedOpinionOnAuditedFinancialStatements>
   <cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx51" id="fact2270" xml:lang="en">33963556</cmn:IdentificationNumberCvrOfAuditFirm>
   <cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx52" id="fact2277" xml:lang="en">33963556</cmn:IdentificationNumberCvrOfAuditFirm>
   <cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx53" id="fact2281" xml:lang="en">33963556</cmn:IdentificationNumberCvrOfAuditFirm>
   <cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx54" id="fact2285" xml:lang="en">33963556</cmn:IdentificationNumberCvrOfAuditFirm>
   <mrv:StatementOfCorporateSocialResponsibility contextRef="ctx2" id="fact1056" xml:lang="en">Our value chain impact We work actively to promote sustainability throughout the entire value chain with innovative product design, close cooperation with business partners, and a constant focus to improve in everything we do. Product development Sustainability is an integrated part of our design process. We develop high quality products with long durability. Production of raw materials Majority of our suppliers are placed locally We audit the work of our suppliers on social, environmental an ethical issues. Transport of raw materials Together with our suppliers we work actively to secure the optimum transport form. Manufacture In manufacturing we work continuously with health and safety and with optimizing and minimizing the use of materials. Sales We inspire and challenge to the most sustainable solution for our customers. Transport We coorporate very closely with our external distributors to maximize truck loads. Use Our kitchens are of high quality, very durable and indoor climate labelled to reduce impact on the indoor environment. Waste and recycling RE:DUCE-RE:USE -RE:THINK is the foundation for our work with materials and processes. our ESG-Strategy Responsibility and sustainability have always been a part of the way we do business. Responsibility towards the environment, responsibility towards the customers and responsibility towards our employees and stakeholders. To increase our effort even further sustainability is now a integrated part of our business strategy (page 14-15). The strategy is clearly linked to the UN Sustainability goals, and the 10 principles of Global Compact and have 4 strategic focus areas. A sustainable worklife Our employees are our most important assets and the key to success both from a business and sustainability perspective. At TCM Group we work actively to create “a sustainable work life” characterized by the following principles • A safe and secure work environment that also enhances personal development. • Flexibility to support a clear balance between work/private life, between individuals, teams, and organization. • Diversity and social commitment. We take responsibility All our products are designed and produced in Denmark. Production is based on proud traditions of high quality and good craftmanship, combined with innovative production methods. We set high standards for our business partners and ourselves to improve in everything we do. The focus area of our production is a clear reduction in our impact on the climate. We aim to have a C02 neutral production by 2028 (scope 1+2), reduce our production waste and increase the volume of waste that is recycled. NEW WAYS AHEAD Innovation and product development has always been a part of our DNA. To accelerate our product development, we have included three focus areas in our current design and innovation process under the principle “New ways ahead”. The areas are, extended lifecycle, circular design and healthy indoor climate. Together we improve At TCM Group we want to promote a positive impact towards the climate. Through transparency, corporation and with focus on both downstream and upstream activities we work actively to promote a positive impact. A sustainable worklife UN Global Compact principle 1, 2, 3, 4, 5, 6, 10 Our employees are our most important assets and the key to success both from a business and sustainability perspective. At TCM Group we work actively to create “a sustainable work life” defined as our approach to how we work with social aspects of our business and characterized by the following principles • A safe and secure work environment that also enhances personal development. • Flexibility to support a clear balance between work/private life, between individuals, teams, and organization. • Diversity and social commitment. Human rights TCM Group strongly support and promote the principles regarding human rights outlined in the UN Global Compact principles, and it is of utmost importance to us that we comply with these principles at any point in time. The primary risks we face in connection to human rights non-com- pliance are discrimination of employees and cases where specific conditions at our suppliers do not comply with the human rights principles. TCM Group takes specific measures to ensure that no incompliance with human rights principles takes place within the company or via our suppliers. The measures are e.g., full implementation of a whis- tle blower system and conducting arbitrary sup- plier audits. Both measures will be further out- lined in sections “Whistle Blower System” and “Supplier Management”. TCM Group can firmly state that no products sold in 2021 were developed or produced using child labor. Labour and working conditions In TCM Group, we continuously strive to create a working environment characterized by a high focus on safety both mentally and physically and a good collegial unity. We encourage our employees to continuously improve their skills and capabilities through training and education, to contribute to both their own and the company’s development. In 2021, we have continued our intensive effort to live up to our ambition that one work-related accident is one too many. Due to the Covid-19 pandemic our safety effort has had to balance zero work related accidents as well as keeping Covid-19 away from our facilities. We work systematically with continuous reporting and follow-up on both actual work-related acci- dents and near-miss incidents that under critical circumstance could have led to an accident. This effort has resulted in concrete improvements and preventive actions while contributing to a general understanding of and focus on which work situa- tions and circumstances possess a potential risk. The number of near-miss reported incidents is not at the same level as last year, but this combined with the large decrease in the number of accidents, clearly shows that we are able to prevent the inci- dents from becoming accidents. Since 2018 the number of work-related accidents has decreased by 89%, showing a clear trend in right direction. It is still our clear ambition to have zero work-re- lated accidents in our organization. Flexibility is defined differently in different work- ing groups. Hence sustainable work life focus is to offer and support a higher degree of flexibility that supports a clear balance between work life/private life for the individual employees but also between teams. In 2021 the overall absence related to sickness (excl. absence due to sick children and maternity leave) in TCM Group was at 3.3% in 2021 versus 2.9% in 2020. The primary reason to this increase is due to covid-19. Even though we have managed to limit the virus from spreading within our organization, we have had a high number of employees affected by the virus, which is visible in the absence related to sickness. We continue to offer light duty jobs for employees who temporarily are not able to perform their nor- mal job, and we have a continuous dialogue with employees who have an absence level higher than the standard, to understand the reasoning behind their absence. We conduct regular surveys of our workplace, by asking all employees to rate their working condi- tions and encourage them to give their recommen- dations and ideas on how we can improve our working environment and we use this input actively to support a sustainable worklife. Apprentices in TCM GROUP TCM Group is determined to support the education of our next generation workforce. We do so by hiring apprentices in our production and in our administration. During 2021 we have increased collaboration with local educational institutions. To increase aware- ness of the opportunities for non-academic jobs as well as the opportunities that exist in the local environment. In 2021 the number of apprentices in TCM Group was 13. In a Covid-19 environment we have not managed to attract the number of apprentices that we were aiming for. It is our clear ambition that in 2022 we will increase our focus on attracting and hiring apprentices. 2021 20202019 # of apprentices in TCM group 13 16 17 Environmental sustainability TCM Group is committed to reduce the environmental impact of our production and supply chain. To create transparency on the progress of our impact, we measure our CO2 emission, by following the GRI (Global reporting initiative) standards 305-1 Direct (Scope 1) GHG emissions and 305-2 Energy indirect (Scope 2) GHG emission. Scope 1 implies the direct emissions from our business activities whereas Scope 2 measure the indirect emissions via our electricity and heat consumption. Further information about the GRI standards is available at www.globalreporting.org/standards. In 2021 we have initiated to measure our Other indirect (Scope 3) GHG emission (GRI standard 305-3) with focus on our impact from downstream transportation and distribution. The aim of TCM Group is to have a better overview of Scope 3 during 2023 and to be able to set significant reduction targets. To succeed, our primary focus is to enhance transparency and secure data validity through our value chain. While working to establish a baseline for our scope 3 impact, it is our clear ambition to ensure that our production will be CO2 neutral by 2028. Emissions The main sources of emission are our electricity and heat consumption, which are mainly related to our production facilities. In 2021 the distribution of our total scope 1+2 emission was that 44% of the emission was related to our electricity consumption whereas our heat consumption accounted for 48% and the remaining 8% of the emissions was related to transport activities (company cars and vehicles at our key figures production facilities). Compared to 2020 there has been a shift from indirect energy emissions (scope 2) to direct emissions (scope 1). 2021 Our effort to reduce our CO2 emission have in 2021 lead to a direct reduction of 7%. At the same time the infrastructure consisted of more green energy and in Scope 1 (GRI: G4-EN15) 2021 we updated the emission factor for CO2 to 2020. This means that the overall reduction in CO2 in 2021 is Scope 2 (GRI: G4-EN16) Total A high degree of this decrease was due to the fact that during 2021 TCM Group have made several changes to our heating system in order to reduce our CO2 impact. In 2021, our total scope 1+2 emission has For instance our heating system has been changed from decreased to 2,340 ton CO2. The reduction heating oil to air-to-air electrical heating pumps. At our combined with a higher actitity level means that factory in Aulum the compressors have been replaced. our emission in 2021 was 2.1 ton CO2 per 1 mDKK Heat generated by the compressors are reused as net revenue. heating of the factory creating a significant reduction of the consumption of natural gas required for heating In 2020, our total scope 1+2 emission was 3,138 and reduction of electricity at this factory. ton CO2. This means that our emission was 3.1 ton CO2 per 1 mDKK net revenue. net revenue in ton CO2e/mDKK 2021 2020 Electricity consumption The consumption of electricity in relation to revenue has decreased by 40% during 2021 compared to the year before. This was a result of a direct saving in electricity together with an increased activity level in 2021. The direct savings was due to the fact that TCM Group has made several investments to increase energy efficiency. Waste As a manufacturing company, we are very much focused on our waste output. Our strategic approach RE:DUCE – RE:USE - RE:THINK is the foundation in the way we think about materials and production processes. The primary material group used for production of our products is chipboards. Approximately 95% of all chipboards used consist of min. 90% recycled wood. The wood originates partly from post- consumer production waste collected at Danish recycling stations and pre-consumer production waste from Danish industrial production including TCM Group. This means that 100% of TCM Group’s production waste related to chipboard is directly recycled into new chipboard. This is why the level of waste material recycled is high. We have several smaller material categories in our production currently used as energy recovery or landfill or hazardous waste. It is our clear ambition to increase the level of waste for recycling into all material categories and by 2025 to increase the level of recycled waste materials to 99,7% (based on weight). A way to this is to reduce the consumption of materials and optimize process to reduce process waste and rethink our materials as well as challenge standard material flows. One way to this is via partnerships. TCM Group has joined forces with TheUpcycl to find new ways. TheUpcycl’s purpose is to create new collaboration within the production industry to accelerate the circular usage of New Waste materials. See more at https://www.theupcycl.com/ NEW WAYS AHEAD UN Global Compact principles: 12 Innovation and product development has always been a part of our DNA. In order to accelerate our product development, we have included three focus areas in our current design and development process under the principle New Ways Ahead. Extended lifecycle We design, develop and produce high quality products with high durability. In order to decrease our climate impact and maximize the value of our products, we are focusing on extending the life of our products, their design and their use. Extending the lifecycle of our products is also to ensure that existing kitchens can be upgraded to match current living and design standards. Our clear ambition is to ensure that all kitchen models produced from 2010 can be extended and upgraded by 2023. Circular design As manufacturer, we are very conscious of which resources we use for our products and how they affect the environment. We have strong focus on reducing material volume, increasing the proportion of recycled materials rather than virgin and ensuring that our products can be included in new material flows. Going forward circular designs is an embedded part of our product development. By 2025 all our new designs will be 100% circular. We will validate lifecycle and circular capabilities of our designs, through our product durability index and get a balanced assessment of the overall capabilities of our products and their design. The product durability index will helps us to ensure a holistic approach that include the entire lifecycle. A healthy indoor climate Today people spend more than 90% of their time indoor. We constantly work with improving our products and the impact they have on the indoor environment. To validate this, we use third parties and external certifications. It is our clear ambition that by 2024 all our kitchen models are validated by external certification bodies in terms of their performance towards a healthy indoor climate. Indoor climate certificate # of certificate 7 % of product lines covered by external validation 75% Together we improve UN Global Compact principles: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 At TCM group we want to create a positive impact that extends beyond our own operation. This requires close corporation with our suppliers and business partners in both downstream and upstream activities. Ensuring transparency and data validity is key to us to understand and support a positive impact. We are currently conducting a scope 3 analysis as described in the section “We take responsibility”. Besides focusing on our climate impact from CO2 emission we have chosen to focus on three areas. The areas are chosen from a materiality point of view. sustainable forestry As timber is the primary category of raw materials sustainable forestry is a must for us. TCM Group has been FSC certified since 2010 but not for the entire product assortment. During 2021 our sourcing effort has been focused on securing certified sustainable forest timber and it is our clear ambition to reach 100% sustainable forestry during 2022. Certified sustainable forestry is a guarantee that reforestation and good working conditions are secured and biological diversity is preserved. Transport The products from TCM Group are delivered by truck. We have chosen to use external distributors as it helps to optimize distribution and means of transportation. We always strive to ensure that all parts of the customer order (cabinets, worktop, white goods etc) are delivered in one delivery and in the most optimal way. To further reduce emission from transport we strive to minimize the number of kilometers driven. Our distribution system ensure that empty trucks pick up third- party products on the return journey to the factories. Reducing CO2 emission from transport and creating convenience to our customers. To understand CO2 emission related to our transport we have in 2021 started the analysis of transportation and distribution. This is to actively support a reduction in CO2 emission in our value chain and from a materiality point of view an area where we can create a large impact. Packaging material High quality products must arrive to the customer in the same quality as they left the factory. As the main risk of damages to the products is related to transport, repacking and storage before mounting the primary purpose of our packaging is to protect the products. Working with our principles re:duce – re:use – re:think we are actively working on finding the right balance of our packaging. The balanced found by reducing the amount of mate- rial, increasing the amount of re-used material and re-thinking the way we work with packaging all together. At TCM Group we are determined that all packaging used for our own products will be recyclable by 2024. Supplier management TCM Group are committed to respect human rights as outlined in the United Nations Universal Declaration of Human Rights and the UN Global Compact. We expect our suppliers to enforce the same high standards in their own supply chains and set out these expectations in our Code of Conduct TCM Group suppliers are primarily located in Europe and a majority of these are located relatively close to our production sites in Tvis and Aulum. Many of our Danish suppliers have subsidiaries and business partners across Europe. We are therefore not only focused on the country where our business partners are located but the origin country of the supplied materials. 91% of materials directly used in our production is made in Europe, of which 54% originate from Denmark or our neighboring countries (DK, DE, SE). By using suppliers located close to our production sites, we also limit the CO2 emission during the transport process. 9% of the materials are produced in Asia. TCM Group management is aware that production in Asia implies risks in terms of social responsibility and supplier management, and that our stakeholders expect us to actively ensure that our suppliers are fulfilling regulations in terms of working conditions and environmentally friendly production. TCM Group Code-of-Conduct was developed and approved by the Board in 2011, and further improved in 2016. All our primary suppliers have signed our Code-of-Conduct. The total share of TCM Group’s purchasing, covered by our Code-of-Conduct was 100% in 2021 and cover all suppliers from non-EU countries. The Covid-19 pandemic has limited us from conducting on-site audits of our suppliers in 2021. TCM Group continues to monitor all suppliers in 2022 and the aim is to intensify our audit program as well as improving our Code-of-Conduct. Anti-corruption TCM Group is exposed to the risk of non-compliance with anti-corruption rules and regulations, for example obtaining an advantage with illegal means, via our employees, suppliers, franchisees, and dealers. The consequence could be fines and brand damage. Our policy is to comply with all applicable regulations and to promote an anti-corruption behavior to all our business relations. In TCM Group, no employee may receive or solicit any services, gifts or payments that may be consid- ered an attempt to obtain benefits for themselves or the company. Violations of these rules will have dis- ciplinary consequences for the employees involved. There have been no incidents violating the anti- corruption policy in 2021 Reporting according to EU Taxonomy Sustainability is always a parameter in the decision process regarding investments at TCM Group. The following is a disclosure of our revenue, investment (CAPEX) and operations (OPEX) following the EU taxonomy. The disclosure is made to the best of our knowledge and covers TCM Group. Evaluation has been made based on analysis of EU taxonomy eligible criteria and an evaluation of the contribution to climate mitigation and climate adaption from a materiality point view. As the year 2021 is the first year of following the EU Taxonomy we aim to further develop our methodology in 2022. Revenue 71% C 31.02 Manufacture of kitchen furniture 29% G 46.15 Agents involved in the sale of furniture, household goods, hardware and ironmongery CAPEX 16.8% Total CAPEX vs. Capex to EU taxonomy Climate mitigation Climate adaption 7.7 Acquisition and ownership of buildings 49% 0% Buying real estate and exercising ownership of that real estate 7.3 Installation, maintenance and repair of energy efficiency equipment 51% 0% Individual renovation measures consisting in installation, maintenance or repair of energy efficiency equipment OPEX 0.2% Total OPEX vs. OPEX to EU taxonomy Climate mitigation Climate adaption 7.3 Installation, maintenance, and repair of energy efficiency equipment 16% 0% Individual renovation measures consisting in installation, maintenance, or repair of energy efficiency equipment 9.1 Close to market research, development, and innovation 58% 0% Research, applied research and experimental development of solutions, processes, technologies, business models and other products dedicated to the reduction, avoidance, or removal of GHG emissions (RD&amp;I) for which the ability to reduce, remove or avoid GHG emissions in the target economic activities has at least been demonstrated in a relevant environment, corresponding to at least Technology Readiness Level (TRL) 6314 9.3 Professional services related to energy performance of buildings 26% 0% Technical consultations (energy consultations, energy simulations, project management, production of energy performance contracts, dedicated trainings) linked to the improvement of energy performance of buildings; accredited energy audits and building performance assessments; energy management services; energy performance contracts; energy services provided by energy service companies (ESCOs)</mrv:StatementOfCorporateSocialResponsibility>
   <mrv:StatementOfTheDiversityPolicies contextRef="ctx2" id="fact1654" xml:lang="en">Diversity TCM Group is determined to promote diversity and achieve a sensible gender diversity in both the Board of Directors and the Executive Management and other management levels. We believe that diversity is a strength. This applies to gender, cul- ture, educational background, age and personality. Therefore, we try to the best of our ability to create balanced teams, by supporting diversity through our entire organization. We believe diversity is a strength. Through a structured job analysis, we always define what profile will benefit to business and team. This includes the diversity of a team, skills, knowledge, personality, etc. Based on that we identify new candidates for the board, executive management, and our workforce in general. As far as possible, we assure that the final pool of candidates is diversified. Our goal is to continue ensuring this diversity in the candidate field through clear recruitment and promotion processes. TCM Group does not accept discrimination of any kind e.g., regarding age, nationality, gender, reli- gion, sexual orientation, disability etc. TCM Group has a target for the Board of Directors that both genders are represented by at least 20%. As of 31 December 2021, the split is 20%/80%, which means that the target is met. We operate in an industry where several jobs tra- ditionally have an overrepresentation of one gen- der. We are therefore proud of the fact that we have managed to attract employees who have taken non-gender stereotypical education choices. For instance, we have had 2 female apprentices in 2021 as production technicians. Compensation At TCM Group it is our clear policy that equal jobs are rewarded with equal pay. Any difference in pay is solely based on qualifications and experience. CEO total compensation relative to FTE average total compensation 8.8 Gender diversity (# of underrepresented gender) 2021 2020 2019 Board of directors 1 of 5 1 of 5 1 of 5 (20%) (20%) (20%) Mgmt. (executive mgmt. and mgmt. group) 3 of 14 4 of 15 2 of 10 (21%) (27%) (20%) Total workforce of underrepresented gender 32% 29% 29%</mrv:StatementOfTheDiversityPolicies>
   <sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx2" id="fact1723" xml:lang="en">Statement by Management on the annual report The Board of Directors and the Executive Management have today considered and approved the annual report for the period 1 January 2021 – 31 December 2021. The consolidated financial statements and the parent financial statements are prepared in accordance with International Financial Reporting Standards as adopted by the EU and additional requirements of the Danish Financial Statements Act. In our opinion, the consolidated financial statements and the parent financial statements give a true and fair view of the Group’s and the Parent’s financial position at 31 December 2021 as well as of the results of their operations and the consolidated cash flows for the period 1 January 2021 – 31 December 2021. In our opinion, the management commentary contains a fair review of the development of the Group’s and the Parent’s business and financial matters, the results for the period and of the Parent’s financial position and the financial position as a whole of the entities included in the consolidated financial statements, together with a description of the principal risks and uncertainties that the Group and the Parent face.</sob:StatementByExecutiveAndSupervisoryBoards>
   <arr:IndependentAuditorsReportsAudit contextRef="ctx2" id="fact1737" xml:lang="en">Independent auditor's report</arr:IndependentAuditorsReportsAudit>
   <arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx2" id="fact1738" xml:lang="en">To the shareholders of TCM Group A/S</arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
   <arr:AuditorsReportOnFinancialStatements contextRef="ctx2" id="fact1739" xml:lang="en">Report on the consolidated financial statements and the parent financial statements Opinion</arr:AuditorsReportOnFinancialStatements>
   <arr:OpinionOnAuditedFinancialStatements contextRef="ctx2" id="fact1741" xml:lang="en">We have audited the consolidated financial statements and the parent financial statements of TCM Group A/S for the financial year 01.01.2021 - 31.12.2021, which comprise the income statement, statement of compre- hensive income, balance sheet, statement of changes in equity, cash flow statement and notes, including a summary of significant accounting policies, for the Group as well as for the Parent. The consolidated financial statements and the parent financial state- ments are prepared in accordance with International Financial Reporting Standards as adopted by the EU and additional requirements of the Danish Financial Statements Act. In our opinion, the consolidated financial statements and the parent financial statements give a true and fair view of the Group’s and the Parent’s financial position at 31.12.2021, and of the results of their oper- ations and cash flows for the financial year 01.01.2021 - 31.12.2021 in accordance with International Financial Reporting Standards as adopted by the EU and addi- tional requirements of the Danish Financial State- ments Act. Our opinion is consistent with our audit book com- ments issued to the Audit Committee and the Board of Directors.</arr:OpinionOnAuditedFinancialStatements>
   <sob:PlaceOfSignatureOfStatement contextRef="ctx2" id="fact1735" xml:lang="en">Holstebro</sob:PlaceOfSignatureOfStatement>
   <sob:DateOfApprovalOfAnnualReport contextRef="ctx2" id="fact1736">2022-02-24</sob:DateOfApprovalOfAnnualReport>
   <cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx44" id="fact2257" xml:lang="en">Torben Paulin</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
   <cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx45" id="fact2259" xml:lang="en">Mogens Elbrønd Pedersen</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
   <cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx44" id="fact2258" xml:lang="en">Chief Executive Officer</cmn:TitleOfMemberOfExecutiveBoard>
   <cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx45" id="fact2260" xml:lang="en">Chief Financial Officer</cmn:TitleOfMemberOfExecutiveBoard>
   <arr:KeyAuditMattersAudit contextRef="ctx2" id="fact1794" xml:lang="en">Key audit matters Key audit matters are those matters that, in our pro- fessional judgement, were of most significance in our audit of the consolidated financial statements and the parent financial statements for the financial year 01.01.2021 - 31.12.2021. We have determined that there are no key audit matters to communicate in our report.</arr:KeyAuditMattersAudit>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx46" id="fact2261" xml:lang="en">Sanna Mari Suvanto-Harsaae</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx47" id="fact2263" xml:lang="en">Anders Tormod Skole-Sørensen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx46" id="fact2262" xml:lang="en">Chairman</cmn:TitleOfMemberOfSupervisoryBoard>
   <cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx47" id="fact2264" xml:lang="en">Deputy Chairman</cmn:TitleOfMemberOfSupervisoryBoard>
   <arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx2" id="fact1766" xml:lang="en">Basis for opinion We conducted our audit in accordance with Interna- tional Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibili- ties under those standards and requirements are fur- ther described in the “Auditor’s responsibilities for the audit of the consolidated financial statements and the parent financial statements” section of this auditor’s report. We are independent of the Group in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Profes- sional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. To the best of our knowledge and belief, we have not provided any prohibited non-audit services as referred to in Article 5(1) of Regulation (EU) No 537/2014. TCM Group A/S was listed on Nasdaq OMX Copenha- gen upon completion of the initial public offering on 24 November 2017 from which date TCM Group A/S became a Public Interest Entity. We have been reap- pointed by decision of the Annual General Meeting for a total continuous engagement period of five years up to and including the financial year 2021.</arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
   <arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx2" id="fact1802" xml:lang="en">Statement on the management commentary Management is responsible for the management commentary. Our opinion on the consolidated financial statements and the parent financial statements does not cover the management commentary, and we do not express any form of assurance conclusion thereon. commentary and, in doing so, consider whether the management commentary is materially inconsistent with the consolidated financial statements and the parent financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether the management commentary provides the information required under the Danish Financial Statements Act. Based on the work we have performed, we conclude that the management commentary is in accordance with the consolidated financial statements and the parent financial statements and has been prepared in accordance with the requirements of the Danish Finan- cial Statements Act. We did not identify any material misstatement of the management commentary.</arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx48" id="fact2265" xml:lang="en">Carsten Bjerg</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx49" id="fact2266" xml:lang="en">Søren Mygind Eskildsen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx50" id="fact2267" xml:lang="en">Danny Feltmann Espersen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
   <arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx2" id="fact1849" xml:lang="en">Auditor’s responsibilities for the audit of the consolidated financial statements and the parent financial statements Our objectives are to obtain reasonable assurance about whether the consolidated financial statements and the parent financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opin- ion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements and these parent financial statements. As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgement and maintain pro- fessional scepticism throughout the audit. We also: • Identify and assess the risks of material misstate- ment of the consolidated financial statements and the parent financial statements, whether due to fraud or error, design and perform audit proce- dures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to pro- vide a basis for our opinion. The risk of not detect- ing a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control rele- vant to the audit in order to design audit proce- dures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Group’s and the Parent’s internal control. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management. • Conclude on the appropriateness of Management’s use of the going concern basis of accounting in preparing the consolidated financial statements and the parent financial statements, and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group’s and the Parent’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the consolidated financial statements and the parent financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group and the Entity to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the consolidated financial statements and the parent financial statements, including the dis- closures in the notes, and whether the consolidated financial statements and the parent financial state- ments represent the underlying transactions and events in a manner that gives a true and fair view. • Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group to express an opinion on the consolidated financial state- ments. We are responsible for the direction, super- vision and performance of the group audit. We remain solely responsible for our audit opinion. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal con- trol that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to commu- nicate with them all relationships and other matters that may reasonably be thought to bear on our inde- pendence, and, where applicable, safeguards put in place and measures taken to eliminate threats. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the consoli- dated financial statements and the parent financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor’s report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.</arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
   <arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx2" id="fact1825" xml:lang="en">Management’s responsibilities for the consolidated financial statements and the parent financial statements Management is responsible for the preparation of con- solidated financial statements and parent financial statements that give a true and fair view in accordance with International Financial Reporting Standards as adopted by the EU and additional requirements of the Danish Financial Statements Act, and for such internal control as Management determines is necessary to ena- ble the preparation of consolidated financial statements and parent financial statements that are free from material misstatement, whether due to fraud or error. In preparing the consolidated financial statements and the parent financial statements, Management is responsible for assessing the Group’s and the Parent’s ability to continue as a going concern, for disclosing, as applicable, matters related to going concern, and for using the going concern basis of accounting in preparing the consolidated financial statements and the parent financial statements unless Management either intends to liquidate the Group or the Entity or to cease operations, or has no realistic alternative but to do so.</arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
   <arr:AuditorsReportOnXbrlTagging contextRef="ctx2" id="fact1955" xml:lang="en">Report on compliance with the ESEF Regulation As part of our audit of the consolidated financial statements and the parent financial statements of TCM Group A/S we performed procedures to express an opinion on whether the annual report for the financial year 01.01.2021- 31.12.2021, with the file name TCM- Group-2021-12-31-en.zip, is prepared, in all material respects, in compliance with the Commission Dele- gated Regulation (EU) 2019/815 on the European Single Electronic Format (ESEF Regulation), which includes requirements related to the preparation of the annual report in XHTML format and iXBRL tagging of the consolidated financial statements. Management is responsible for preparing an annual report that complies with the ESEF Regulation. This responsibility includes: • The preparing of the annual report in XHTML format; • The selection and application of appropriate iXBRL tags, including extensions to the ESEF taxonomy and the anchoring thereof to elements in the tax- onomy, for financial information required to be tagged using judgement where necessary; • Ensuring consistency between iXBRL tagged data and the consolidated financial statements pre- sented in human readable format; and • For such internal control as Management deter- mines necessary to enable the preparation of an annual report that is compliant with the ESEF Regulation. Our responsibility is to obtain reasonable assurance on whether the annual report is prepared, in all material respects, in compliance with the ESEF Regulation based on the evidence we have obtained, and to issue a report that includes our opinion. The nature, timing and extent of procedures selected depend on the audi- tor’s judgement, including the assessment of the risks of material departures from the requirements set out in the ESEF Regulation, whether due to fraud or error. The procedures include: • Testing whether the annual report is prepared in XHTML format; • Obtaining an understanding of the company’s iXBRL tagging process and of internal control over the tagging process; • Evaluating the completeness of the iXBRL tagging of the consolidated financial statements; • Evaluating the appropriateness of the company’s use of iXBRL elements selected from the ESEF tax- onomy and the creation of extension elements where no suitable element in the ESEF taxonomy has been identified; • Evaluating the use of anchoring of extension ele- ments to elements in the ESEF taxonomy; and • Reconciling the iXBRL tagged data with the audited consolidated financial statements. In our opinion, the annual report of TCM Group A/S for the financial year 01.01.2021 - 31.12.2021, with the file name TCM-Group-2021-12-31-en.zip, is prepared, in all material respects, in compliance with the ESEF Regulation.</arr:AuditorsReportOnXbrlTagging>
   <arr:SignatureOfAuditorsPlace contextRef="ctx2" id="fact2026" xml:lang="en">Aarhus</arr:SignatureOfAuditorsPlace>
   <arr:SignatureOfAuditorsDate contextRef="ctx2" id="fact2027">2022-02-24</arr:SignatureOfAuditorsDate>
   <cmn:NameOfAuditFirm contextRef="ctx54" id="fact2286" xml:lang="en">Deloitte Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
   <cmn:NameAndSurnameOfAuditor contextRef="ctx51" id="fact2271" xml:lang="en">Henrik Vedel</cmn:NameAndSurnameOfAuditor>
   <cmn:NameAndSurnameOfAuditor contextRef="ctx52" id="fact2274" xml:lang="en">Chris Middelhede</cmn:NameAndSurnameOfAuditor>
   <cmn:DescriptionOfAuditor contextRef="ctx52" id="fact2275" xml:lang="en">State-Authorised Public Accountant</cmn:DescriptionOfAuditor>
   <cmn:DescriptionOfAuditor contextRef="ctx54" id="fact2284" xml:lang="en">(MNE) mne45823</cmn:DescriptionOfAuditor>
   <cmn:DescriptionOfAuditor contextRef="ctx51" id="fact2272" xml:lang="en">State-Authorised Public Accountant</cmn:DescriptionOfAuditor>
   <cmn:DescriptionOfAuditor contextRef="ctx53" id="fact2280" xml:lang="en">(MNE) mne10052</cmn:DescriptionOfAuditor>
</xbrli:xbrl>