Assets
| Type | Time | Amount | Unit |
|---|---|---|---|
| ifrs-full:Assets | 2023-06-30 | 6702755000 | vDKK |
| ifrs-full:Assets | 2022-06-30 | 6526765000 | vDKK |
| ifrs-full:Assets | 2021-06-30 | 5179243000 | vDKK |
| ifrs-full:Assets | 2020-06-30 | 4827287000 | vDKK |
| ifrs-full:Assets | 2019-06-30 | 3702655000 | vDKK |
Revenue
| Type | Start date | End date | Amount | Unit |
|---|---|---|---|---|
| ifrs-full:Revenue | 2022-07-01 | 2023-06-30 | 10596198000 | vDKK |
| ifrs-full:Revenue | 2021-07-01 | 2022-06-30 | 8268603000 | vDKK |
| ifrs-full:Revenue | 2020-07-01 | 2021-06-30 | 6185009000 | vDKK |
| ifrs-full:Revenue | 2019-07-01 | 2020-06-30 | 4358013000 | vDKK |
| ifrs-full:Revenue | 2018-07-01 | 2019-06-30 | 2341336000 | vDKK |
XML
See the xml submitted here:
XML: http://regnskaber.virk.dk/07821631/amNsb3VkczovLzAzLzRiL2VmLzVkLzQ2LzUzYTgtNDQ4ZC1hZTQ5LWE3NGY2MjE1YWExMQ.xml
Separator
The full data:
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<gsd:ReportingPeriodEndDate contextRef="ctx1">2023-06-30</gsd:ReportingPeriodEndDate>
<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 /><td>STATEMENT BY THE EXECUTIVE BOARD</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 /><td>Today, the Executive Board have discussed and approved the annual report of Microsoft Danmark ApS</td></tr><tr><td /><td>("the Company") for the financial year 1 July 2022 - 30 June 2023.</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 /><td>The annual report has been prepared in accordance with the Danish Financial 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 /><td>In our opinion, the Company's financial statements give a true and fair view of the company's financial</td></tr><tr><td /><td>position at 30 June 2023 and of the results of the Company's operations for the financial year</td></tr><tr><td /><td>1 July 2022 - 30 June 2023.</td></tr></table></sob:ConfirmationThatFinancialStatementGivesTrueAndFairViewOfAssetsLiabilitiesEquityFinancialPositionAndResults>
<sob:ConfirmationThatSupplementaryReportsGiveTrueAndFairViewInAccordanceWithGenerallyAcceptedGuidelinesForSuchReports 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 /><td>Further, in our opinion, the Management's review gives a fair review of the development in the Company's</td></tr><tr><td /><td>operations and financial matters and the results of the Company's operations and financial position.</td></tr></table></sob:ConfirmationThatSupplementaryReportsGiveTrueAndFairViewInAccordanceWithGenerallyAcceptedGuidelinesForSuchReports>
<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 /><td>We recommend that the annual report be approved at the annual general meeting.</td></tr></table></sob:RecommendationForApprovalOfAnnualReportByGeneralMeeting>
<sob:PlaceOfSignatureOfStatement contextRef="ctx1" xml:lang="da">Lyngby-Taarbæk</sob:PlaceOfSignatureOfStatement>
<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 /><td>Independent auditor's 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 /><td>To the shareholders of Microsoft Danmark ApS</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 /><td>Opinion</td></tr><tr><td /><td>We have audited the financial statements of Microsoft Danmark ApS for the financial year 1 July 2022 -</td></tr><tr><td /><td>30 June 2023, which comprise the income statement, balance sheet, statement of changes in equity and</td></tr><tr><td /><td>notes, including a summary of significant accounting policies. The financial statements are prepared in</td></tr><tr><td /><td>accordance with the Danish Financial Statements Act.</td></tr><tr><td /><td>In our opinion, the financial statements give a true and fair view of the Entityâs financial position at 30</td></tr><tr><td /><td>June 2023 and of the results of its operations for the financial year 1 July 2022 - 30 June 2023 in</td></tr><tr><td /><td>accordance with the Danish Financial Statements Act.</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 /><td>Basis of opinion</td></tr><tr><td /><td>We conducted our audit in accordance with International Standards on Auditing (ISAs) and additional</td></tr><tr><td /><td>requirements applicable in Denmark. Our responsibilities under those standards and requirements are</td></tr><tr><td /><td>further described in the "Auditorâs responsibilities for the audit of the financial statements" section of this</td></tr><tr><td /><td>auditorâs report. We are independent of the Entity in accordance with the International Ethics Standards</td></tr><tr><td /><td>Board for Accountantsâ International Code of Ethics for Professional Accountants (IESBA Code) and the</td></tr><tr><td /><td>additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical</td></tr><tr><td /><td>responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit</td></tr><tr><td /><td>evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.</td></tr></table></arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
<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 /><td>Management's responsibility for the financial statements</td></tr><tr><td /><td>Management is responsible for the preparation of financial statements that give a true and fair view in</td></tr><tr><td /><td>accordance with the Danish Financial Statements Act, and for such internal control as Management</td></tr><tr><td /><td>determines is necessary to enable the preparation of financial statements that are free from material</td></tr><tr><td /><td>misstatement, whether due to fraud or error.</td></tr><tr><td /><td>In preparing the financial statements, Management is responsible for assessing the Entityâs ability to</td></tr><tr><td /><td>continue as a going concern, for disclosing, as applicable, matters related to going concern, and for using</td></tr><tr><td /><td>the going concern basis of accounting in preparing the financial statements unless Management either</td></tr><tr><td /><td>intends to liquidate the Entity or to cease operations, or has no realistic 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 /><td>Auditor's responsibilities for the audit of the financial statements</td></tr><tr><td /><td>Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are</td></tr><tr><td /><td>free from material misstatement, whether due to fraud or error, and to issue an auditorâs report that</td></tr><tr><td /><td>includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an</td></tr><tr><td /><td>audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will</td></tr><tr><td /><td>always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are</td></tr><tr><td /><td>considered material if, individually or in the aggregate, they could reasonably be expected to influence the</td></tr><tr><td /><td>economic decisions of users taken on the basis of these financial statements.</td></tr><tr><td /><td>As part of an audit conducted in accordance with ISAs and the additional requirements applicable in</td></tr><tr><td /><td>Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit.</td></tr><tr><td /><td>We also</td></tr><tr><td /><td>⢠Identify and assess the risks of material misstatement of the financial statements, whether due to</td></tr><tr><td /><td>fraud or error, design and perform audit procedures responsive to those risks, and obtain audit</td></tr><tr><td /><td>evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not</td></tr><tr><td /><td>detecting a material misstatement resulting from fraud is higher than for one resulting from error, as</td></tr><tr><td /><td>fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of</td></tr><tr><td /><td>internal control.</td></tr><tr><td /><td>⢠Obtain an understanding of internal control relevant to the audit in order to design audit procedures</td></tr><tr><td /><td>that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the</td></tr><tr><td /><td>effectiveness of the Entityâs internal control.</td></tr><tr><td /><td>⢠Evaluate the appropriateness of accounting policies used and the reasonableness of accounting</td></tr><tr><td /><td>estimates and related disclosures made by Management.</td></tr><tr><td /><td>⢠Conclude on the appropriateness of Managementâs use of the going concern basis of accounting in</td></tr><tr><td /><td>preparing the financial statements, and, based on the audit evidence obtained, whether a material</td></tr><tr><td /><td>uncertainty exists related to events or conditions that may cast significant doubt on the Entityâs</td></tr><tr><td /><td>ability to continue as a going concern. If we conclude that a material uncertainty exists, we are</td></tr><tr><td /><td>required to draw attention in our auditorâs report to the related disclosures in the financial</td></tr><tr><td /><td>statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are</td></tr><tr><td /><td>based on the audit evidence obtained up to the date of our auditorâs report. However, future events</td></tr><tr><td /><td>or conditions may cause the Entity to cease to continue as a going concern.</td></tr><tr><td /><td>⢠Evaluate the overall presentation, structure and content of the financial statements, including the</td></tr><tr><td /><td>disclosures in the notes, and whether the financial statements represent the underlying</td></tr><tr><td /><td>transactions and events in a manner that gives a true and fair view.</td></tr><tr><td /><td>We communicate with those charged with governance regarding, among other matters, the planned</td></tr><tr><td /><td>scope and timing of the audit and significant audit findings, including any significant deficiencies in</td></tr><tr><td /><td>internal control that we identify during our audit.</td></tr></table></arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
<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 /><td>Statement on the Management commentary</td></tr><tr><td /><td>Management is responsible for the management commentary.</td></tr><tr><td /><td>Our opinion on the financial statements does not cover the management commentary, and we do not</td></tr><tr><td /><td>express any form of assurance conclusion thereon.</td></tr><tr><td /><td>In connection with our audit of the financial statements, our responsibility is to read the management</td></tr><tr><td /><td>review and, in doing so, consider whether the management commentary is materially inconsistent with the</td></tr><tr><td /><td>financial statements or our knowledge obtained in the audit or otherwise appears to be materially</td></tr><tr><td /><td>misstated.</td></tr><tr><td /><td>Moreover, it is our responsibility to consider whether the management commentary provides the</td></tr><tr><td /><td>information required under the Danish Financial Statements Act.</td></tr><tr><td /><td>Based on the work we have performed, we conclude that the management commentary is in accordance</td></tr><tr><td /><td>with the financial statements and has been prepared in accordance with the requirements of the Danish</td></tr><tr><td /><td>Financial Statements Act. We did not identify any material misstatement of the management commentary.</td></tr></table></arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:SignatureOfAuditorsPlace contextRef="ctx1" xml:lang="da">Copenhagen,</arr:SignatureOfAuditorsPlace>
<gsd:NameOfReportingEntity contextRef="ctx1" xml:lang="da">Microsoft Danmark ApS</gsd:NameOfReportingEntity>
<gsd:AddressOfReportingEntityPostCodeIdentifier contextRef="ctx1" xml:lang="da">2800</gsd:AddressOfReportingEntityPostCodeIdentifier>
<gsd:AddressOfReportingEntityDistrictName contextRef="ctx1" xml:lang="da">Kgs. Lyngby</gsd:AddressOfReportingEntityDistrictName>
<gsd:AddressOfReportingEntityStreetName contextRef="ctx1" xml:lang="da">Kanalvej</gsd:AddressOfReportingEntityStreetName>
<gsd:AddressOfReportingEntityStreetBuildingIdentifier contextRef="ctx1" xml:lang="da">7</gsd:AddressOfReportingEntityStreetBuildingIdentifier>
<gsd:IdentificationNumberCvrOfReportingEntity contextRef="ctx1">13612870</gsd:IdentificationNumberCvrOfReportingEntity>
<gsd:DateOfFoundationOfReportingEntity contextRef="ctx1">1989-11-01</gsd:DateOfFoundationOfReportingEntity>
<gsd:RegisteredOfficeOfReportingEntity contextRef="ctx1" xml:lang="da">Lyngby-Taarbæk</gsd:RegisteredOfficeOfReportingEntity>
<gsd:HomepageOfReportingEntity contextRef="ctx1">www.microsoft.com</gsd:HomepageOfReportingEntity>
<gsd:EmailOfReportingEntity contextRef="ctx1" xml:lang="da">danmark@microsoft.com</gsd:EmailOfReportingEntity>
<mrv:ManagementsReview 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 /><td>MANAGEMENT'S REVIEW</td></tr><tr><td /><td>Management commentary</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 /><td>Management's review</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 /><td>Ledelsesberetning</td></tr></table></mrv:ManagementsReview>
<mrv:DescriptionOfPrimaryActivitiesOfEntity 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 /><td>Business review</td></tr><tr><td /><td>The activities of Microsoft Danmark ApS include the distribution of software, IT services and hardware to</td></tr><tr><td /><td>customers as well as the provision of consultancy, support services and marketing. Microsoft Danmark</td></tr><tr><td /><td>ApS continues to follow the business model introduced in 2018 where the principal activity of Microsoft</td></tr><tr><td /><td>Danmark ApS was extended to include the direct distribution of products and services to customers.</td></tr></table></mrv:DescriptionOfPrimaryActivitiesOfEntity>
<mrv:DescriptionOfDevelopmentInActivitiesAndFinancialAffairs 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 /><td>Financial review</td></tr><tr><td /><td>The Company's revenue for the year amounted to DKK 10,596,198 thousand (2022: DKK 8,268,603</td></tr><tr><td /><td>thousand).</td></tr><tr><td /><td>The revenue increase for the year was 28%, which is in line with the expectation previously expressed by</td></tr><tr><td /><td>Management (25-35% increase in comparison to 2021/22 year) and attributable to strong Company's</td></tr><tr><td /><td>performance in the year.</td></tr><tr><td /><td>The profit before tax for the year amounted to DKK 517,153 thousand (2022: DKK 440,363 thousand) and</td></tr><tr><td /><td>has increased by 17% which is slightly above the expectations previously expressed (10-16% growth in</td></tr><tr><td /><td>comparison to 2021/22 year).</td></tr><tr><td /><td>Management assessed the Companyâs financial performance for the year as satisfactory.</td></tr></table></mrv:DescriptionOfDevelopmentInActivitiesAndFinancialAffairs>
<mrv:EntitysObjectivesAndPolitiesForFinancialRiskManagement 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 /><td>Financial risks and use of financial instruments</td></tr><tr><td /><td>Microsoft Danmark ApS bears routine risks of market prices volatility, changes in product demand and</td></tr><tr><td /><td>other market forces based on the established model of direct distribution activities. In respect to the</td></tr><tr><td /><td>services provided no significant operational risks are born since Company is compensated by group</td></tr><tr><td /><td>entities for its provision for these services. Due to its solvency and business structure, the Companyâs</td></tr><tr><td /><td>exposure to changes in interest rates, currency and market fluctuations is considered as non-substantial.</td></tr></table></mrv:EntitysObjectivesAndPolitiesForFinancialRiskManagement>
<mrv:StatementOfPolicyForDataEthics 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 /><td>Statement on Data Ethics</td></tr><tr><td /><td>Microsoft Group has a long-standing commitment to earn the trust of our customers, employees,</td></tr><tr><td /><td>communities, and partners. We are optimistic about the benefits of technology, yet clear about the</td></tr><tr><td /><td>challenges. To drive positive impact with technology, people need to be able to trust the technologies</td></tr><tr><td /><td>they use and the companies behind them. Microsoft Danmark ApS follows the Groupâs (Microsoft) data</td></tr><tr><td /><td>ethics policies and practices developed as a part of the commitment to Earn Trust, which are grouped into</td></tr><tr><td /><td>three pillars</td></tr><tr><td /><td>- to respect privacy by adhering to privacy principles and balancing privacy and public safety,</td></tr><tr><td /><td>- to advance cybersecurity by fighting digital crime, strengthening digital safety and promoting digital</td></tr><tr><td /><td>diplomacy,</td></tr><tr><td /><td>- to develop and use technology responsibly by committing to transparency, regulating facial recognition,</td></tr><tr><td /><td>and developing responsible AI - and empowering others to do the same.</td></tr><tr><td /><td>Across each of these pillars we strive to create solutions with lasting impact, upholding data ethics</td></tr><tr><td /><td>standards, which are an integral part of our policies.</td></tr><tr><td /><td>Further information regarding the Groupâs commitments and policies can be found on</td></tr><tr><td /><td>https://www.microsoft.com/en-us/corporate-responsibility/earn-trust</td></tr><tr><td /><td>Microsoft Privacy Statement can be found on</td></tr><tr><td /><td>https://privacy.microsoft.com/en-us/privacystatement</td></tr></table></mrv:StatementOfPolicyForDataEthics>
<mrv:StatementOfCorporateSocialResponsibility 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 /><td>Corporate Responsibility</td></tr><tr><td /><td>The following sections comprise Microsoft Danmark ApSâ statutory reporting on corporate responsibility,</td></tr><tr><td /><td>cf. §99a in the Danish FSA.</td></tr><tr><td /><td>Business model</td></tr><tr><td /><td>Microsoftâs mission is to âEmpower every person and every organization on the planet to achieve moreâ,</td></tr><tr><td /><td>with a strategy to build best-in-class platforms and productivity services for a cloud-first world. People and</td></tr><tr><td /><td>organizations in every industry are increasingly looking to digital technology to overcome todayâs</td></tr><tr><td /><td>challenges and emerge stronger. Microsoft's platforms and tools are best positioned to harmonize</td></tr><tr><td /><td>interests of end users, developers, IT and to connect technology with customer needs.</td></tr><tr><td /><td>To achieve our mission and fulfill our commitments today and in the future, Microsoft must ensure the</td></tr><tr><td /><td>technology we create benefits everyone on the planet, as well as the planet itself. Our mission and</td></tr><tr><td /><td>commitments guide not only the products and services we develop, but the policies and practices that</td></tr><tr><td /><td>govern our work, and our commitment to causes and communities around the world. The challenges</td></tr><tr><td /><td>facing the world are complex, and no one company, industry, or country can solve them alone, thatâs why</td></tr><tr><td /><td>at Microsoft we work across sectors and borders to foster collective action and amplify impact. We focus</td></tr><tr><td /><td>on four enduring commitments: expand opportunity; earn trust; protect fundamental rights; and advance</td></tr><tr><td /><td>sustainability.</td></tr><tr><td /><td>Microsoft Danmarkâs main activities consist of distribution of software, IT services and hardware, as well</td></tr><tr><td /><td>as consultancy and support. Sustainability is an integrated element in our businessâ purpose, activities,</td></tr><tr><td /><td>and strategy. Particularly, we focus on mitigating the negative impacts and maximizing the positive</td></tr><tr><td /><td>impacts of our activities within the areas of environment, climate, human rights, anti-corruption, as well as</td></tr><tr><td /><td>for our employees. Microsoft Danmark ApS follows the Groupâs (Microsoft) policies on these areas, and</td></tr><tr><td /><td>the following sections will highlight how we, as a group and locally, work to implement these in practice</td></tr><tr><td /><td>and drive forward our work with social and environmental sustainability.</td></tr><tr><td /><td>Environment and climate</td></tr><tr><td /><td>Risks</td></tr><tr><td /><td>Microsoft focuses on four areas-carbon, water, waste, and ecosystems-where we have assessed that our</td></tr><tr><td /><td>most material risks related to the environment and the climate are. Within these areas, we seek to scale</td></tr><tr><td /><td>by minimizing the negative impacts of our operations and maximizing the positive impacts of our</td></tr><tr><td /><td>technology. Within the Danish context, our key risks particularly are related to the generation and</td></tr><tr><td /><td>handling of waste and energy use.</td></tr><tr><td /><td>Policies</td></tr><tr><td /><td>Microsoft has made sustainability part of its business, embedding it deeply into its governance structure.</td></tr><tr><td /><td>The Group is committed to driving robust climate programs in the battle against climate change and</td></tr><tr><td /><td>enabling others to do the same by promoting rapid policy action, helping to develop sustainability</td></tr><tr><td /><td>markets, and accelerating progress through AI-enabled solutions.</td></tr><tr><td /><td>Microsoft Group have announced a commitment to be carbon negative, water positive, zero waste by</td></tr><tr><td /><td>2030 and to preserve ecosystems by protecting more land than we use by 2025.</td></tr><tr><td /><td>Actions and results 2022/23</td></tr><tr><td /><td>As part of our climate commitment the Group has delivered on</td></tr><tr><td /><td>⢠Microsoft is investing in accelerating climate innovation through our $1B Climate Innovation Fund,</td></tr><tr><td /><td>including technologies and business models that have the potential for meaningful, measurable climate</td></tr><tr><td /><td>impact by 2030. Since 2020, Microsoft has allocated more than $700M into a global portfolio of more than</td></tr><tr><td /><td>50 investments, including sustainable solutions in energy, industrial, and natural systems.</td></tr><tr><td /><td>⢠Following the commitment to reduce Scope 2 emissions, Microsoft has invested in renewable energy</td></tr><tr><td /><td>from power purchase agreements (PPAs), green tariff programs, and unbundled renewable energy</td></tr><tr><td /><td>certificates. Microsoft is actively expanding PPA portfolio around the globe, including more than 135</td></tr><tr><td /><td>projects in 16 countries.</td></tr><tr><td /><td>⢠Microsoft has contracted for replenishment projects estimated to provide more than 15.6 million cubic</td></tr><tr><td /><td>meters in volumetric water benefit over the lifetime of these projects.</td></tr><tr><td /><td>⢠Microsoft has announced powerful new water sustainability management features in Microsoft Cloud for</td></tr><tr><td /><td>Sustainability to help Microsoft and our customers and partners meet their water commitments. Each</td></tr><tr><td /><td>quarter we strengthen the Microsoft Cloud for Sustainability, adding capabilities and investing in the</td></tr><tr><td /><td>next-generation, cloud-based sustainability data.</td></tr><tr><td /><td>Locally in Lyngby, several sustainability initiatives have been implemented throughout the year 2022/23</td></tr><tr><td /><td>as part of Microsoftâs carbon-negative 2030 strategy, such as: installation of timers on PCs, HUB / info</td></tr><tr><td /><td>screens, architectural lightning, illuminated signage to switch off from 7pm to 6am; re-use of paper hand</td></tr><tr><td /><td>towels and removal of plastic bin bags; optimization of water usage by utilization of rainwater for technical</td></tr><tr><td /><td>means and modernization of dishwashers. Our building is constructed according to the Danish Building</td></tr><tr><td /><td>Regulation BR15, which secures an energy-efficient building that meets the standards of LEED</td></tr><tr><td /><td>(Leadership in Energy and Environmental Design).</td></tr><tr><td /><td>In addition to getting our own house in order, at Microsoft, we are committed to deliver technologies that</td></tr><tr><td /><td>support a net-zero economy, investing in innovation, fostering partnerships, and advocating for policies</td></tr><tr><td /><td>that enable meaningful climate action. Our investment in AI presents new opportunities to accelerate</td></tr><tr><td /><td>sustainability solutions for Microsoft, our customers, and the world.</td></tr><tr><td /><td>Human rights</td></tr><tr><td /><td>Risks</td></tr><tr><td /><td>Microsoft has relationships with thousands of suppliers around the globe, where there is an inherent risk</td></tr><tr><td /><td>that human rights may be impacted along the supply chain. Hence, Microsoft invests heavily in supplier</td></tr><tr><td /><td>relationships and our human rights commitment extends to all our suppliers. In relation to our customers,</td></tr><tr><td /><td>a key risk is not being able to secure usersâ rights to privacy, and internally, key human rights risks are</td></tr><tr><td /><td>identified as employees potentially facing discrimination.</td></tr><tr><td /><td>Policies</td></tr><tr><td /><td>Respecting human rights is a core value of Microsoft, and it is inseparable from our mission to empower</td></tr><tr><td /><td>every person and every organization on the planet to achieve more with our technologies. The Group has</td></tr><tr><td /><td>developed policies and outlined four key commitments: to promote responsible business practices,</td></tr><tr><td /><td>expand accessibility and connectivity, advance fair and inclusive societies, and empower communities.</td></tr><tr><td /><td>Actions and results 2022/23</td></tr><tr><td /><td>Microsoft continually works to implement our human rights policies, in relation to the customers,</td></tr><tr><td /><td>employees, and suppliers, in the year 2022/23 as a part of our commitment the Group has delivered on</td></tr><tr><td /><td>⢠Microsoft provided our AccountGuard nation-state threat notification service to 33 countries, protecting</td></tr><tr><td /><td>more than 5.2 million accounts of election officials, human rights organizations, journalists, political</td></tr><tr><td /><td>parties, and other organizations essential to a healthy democracy.</td></tr><tr><td /><td>⢠Microsoft remains committed to assisting the people and government of Ukraine as the war in Ukraine</td></tr><tr><td /><td>continues. As of June 2023, Microsoft has committed $520 million in employee giving, cash, technology</td></tr><tr><td /><td>grants, services, and business relief to support Ukraine. Our assistance includes support for</td></tr><tr><td /><td>governments, businesses, nonprofits, and humanitarian organizations.</td></tr><tr><td /><td>⢠We launched the Microsoft Journalism Hub, providing access to services for journalists-including data</td></tr><tr><td /><td>visualization services, Microsoft 365 for journalists, pro bono legal support services, AccountGuard for</td></tr><tr><td /><td>journalists, and others-to rebuild capacity, restore trust, and reduce risk.</td></tr><tr><td /><td>⢠Microsoft has established new corporate supply chain integrity governance to identify minimum</td></tr><tr><td /><td>requirements on human rights, environmental, worker health and safety, and ethics risk management</td></tr><tr><td /><td>practices across our global supply chain footprint.</td></tr><tr><td /><td>⢠Our AI for Humanitarian Action program completed nine projects in the year, increasing our partnersâ</td></tr><tr><td /><td>capabilities to identify at-risk communities in India, to estimate seasonal hunger in Malawi, and to assist in</td></tr><tr><td /><td>sepsis identification in Ugandan children.</td></tr><tr><td /><td>Looking forward, Microsoft will continue to stand up for human rights in our own ecosystem and business,</td></tr><tr><td /><td>and for people across the globe. We have a responsibility to protect peopleâs fundamental rights and help</td></tr><tr><td /><td>all communities succeed in an increasingly digital world. For us, this means promoting responsible</td></tr><tr><td /><td>business practices, expanding accessibility and connectivity, empowering humanitarian organizations and</td></tr><tr><td /><td>crisis-affected communities to prepare for, respond to, and recover from emergencies, including through</td></tr><tr><td /><td>our AI for Humanitarian Action initiative.</td></tr><tr><td /><td>Anti-corruption and bribery</td></tr><tr><td /><td>Risks</td></tr><tr><td /><td>Due to the global nature of our business, we face the risk of being involved in corruption and bribery</td></tr><tr><td /><td>across the value chain. The Groupâs corruption and bribery risk assessments help drive our decisions and</td></tr><tr><td /><td>priorities for enhancing controls, processes, and monitoring.</td></tr><tr><td /><td>Policies</td></tr><tr><td /><td>The Group does not and will not tolerate violations of our standards and policies. We prohibit offering or</td></tr><tr><td /><td>paying bribes, kickbacks, or other improper benefits to anyone. Our anti-corruption compliance program is</td></tr><tr><td /><td>designed to prevent, detect, and fix compliance issues. Microsoft approaches compliance with a growth</td></tr><tr><td /><td>mindset and a process of continuous improvement and invest heavily in innovative and fresh approaches.</td></tr><tr><td /><td>Microsoftâs company-wide Standard of Business conduct (Trust Code) drives awareness of the</td></tr><tr><td /><td>importance of compliance and ethics, highlighting resources to report concerns regarding misconduct,</td></tr><tr><td /><td>including corruption.</td></tr><tr><td /><td>Actions and results 2022/23</td></tr><tr><td /><td>During the year, Microsoft has continuously worked on the implementation and strengthening of our</td></tr><tr><td /><td>anti-corruption policies. Microsoft requires partners, suppliers, and other representatives to comply with</td></tr><tr><td /><td>the Anti-Corruption Policy for Microsoft Representatives. We conduct risk-based due diligence and vetting</td></tr><tr><td /><td>of our representatives. The vetting process now uses data analytics to identify higher risk representatives</td></tr><tr><td /><td>through an algorithm that calculates a risk score for representatives based on internal and external data</td></tr><tr><td /><td>attributes. We require that higher risk representatives undergo enhanced vetting allowing us to determine</td></tr><tr><td /><td>whether they will be permitted to start or renew a business relationship with us. Further, we maintain a</td></tr><tr><td /><td>comprehensive, global compliance investigation team, who continuously reviews and investigates</td></tr><tr><td /><td>concerns reported by employees or third parties through multiple channels, including anonymous external</td></tr><tr><td /><td>hotline provider.</td></tr><tr><td /><td>At Microsoft, we believe that making good decisions and ethical choices in our work builds trust in each</td></tr><tr><td /><td>other and with our customers and partners. As a part of Groupâs commitment to grow the skills of our</td></tr><tr><td /><td>employees around ethical decision-making, in the year employees of Microsoft Danmark ApS have</td></tr><tr><td /><td>participated in annual mandatory training program Standards of Business Conduct (âTrust Codeâ), which</td></tr><tr><td /><td>is a primary component of the policy governance framework and contains Microsoft's commitment to</td></tr><tr><td /><td>ethical business practices and complying with the law.</td></tr><tr><td /><td>Microsoft values are the enduring principles that guide us to do business with integrity as we strive to win</td></tr><tr><td /><td>trust every day. Our culture is our operating framework, and our future commitment goes beyond words to</td></tr><tr><td /><td>actions, but is to provide tools and solutions for the efficient compliance practices for our customers and</td></tr><tr><td /><td>partners, as well as our employees.</td></tr><tr><td /><td>Social conditions and employee relations</td></tr><tr><td /><td>Risks</td></tr><tr><td /><td>Microsoft's business is based on the knowledge and innovation created by people. Failing to attract,</td></tr><tr><td /><td>retain and develop the best employees poses a material risk for Microsoft, as we may not be able to</td></tr><tr><td /><td>continue delivering the best solutions on the market.</td></tr><tr><td /><td>Policies</td></tr><tr><td /><td>Microsoft employees are the driving force behind our mission. Microsoft is increasingly focusing on</td></tr><tr><td /><td>maintaining its position as one of best workplaces by creating an inclusive culture where each of the</td></tr><tr><td /><td>employees can thrive. As one element of this, Microsoft is strategically dedicated to diversity across</td></tr><tr><td /><td>gender, age, nationality, religion, and sexual orientation and we have goals and programs to improve</td></tr><tr><td /><td>representation in all roles and at all levels.</td></tr><tr><td /><td>In addition to our own workforce, Microsoft is committed to support broader digital skilling and education</td></tr><tr><td /><td>opportunities across society as a prerequisite to ensure future digital growth and innovation.</td></tr><tr><td /><td>Actions and results 2022/23</td></tr><tr><td /><td>We continue to build on our cultural transformation through further investment in inclusion, defining it as a</td></tr><tr><td /><td>core priority for all employees. In their first six months upon joining at Microsoft, employees complete</td></tr><tr><td /><td>diversity and inclusion (âD&amp;Iâ) courses on allyship, covering, privilege, and unconscious bias in the</td></tr><tr><td /><td>workplace. Additional personalized learning experiences enable them to take ownership of their ongoing</td></tr><tr><td /><td>D&amp;I learning journey. Locally and as a Group we hosted a variety of events to raise awareness of</td></tr><tr><td /><td>differences across cultures, backgrounds, and experiences; recognize and promote the value of diversity;</td></tr><tr><td /><td>and teach inclusion.</td></tr><tr><td /><td>During 2022/23, Microsoft Danmark ApS was rated in top 3 as one of the most attractive employers in the</td></tr><tr><td /><td>Nordics among students of Engineering, IT and Business (Universum) and the company with the best</td></tr><tr><td /><td>reputation among Danish It-professionals (Computerworld).</td></tr><tr><td /><td>As part of our global societal skilling commitments, in the year 2022/23 the Group has</td></tr><tr><td /><td>⢠Between July 2020 and June 2023, we have helped train and certify 8.5 million people with in-demand</td></tr><tr><td /><td>skills for the digital economy.</td></tr><tr><td /><td>⢠Partnered with more than 400 nonprofit organizations globally to scale access to Skills for Jobs and</td></tr><tr><td /><td>Teacher Skills programs.</td></tr><tr><td /><td>⢠Microsoft cyber skilling programs have expanded to operate in 28 countries, partnering with nonprofits</td></tr><tr><td /><td>and other educational institutions to train the next generation of diverse cybersecurity professionals.</td></tr><tr><td /><td>During 2022/23, Microsoft Danmark ApS has continued to partner with non-profit Redi School to promote</td></tr><tr><td /><td>employment opportunities for women with migrant and refugee backgrounds through digital skilling and</td></tr><tr><td /><td>has worked with the City of Aarhus to deliver training programs and certifications for jobseekers. In</td></tr><tr><td /><td>response to growing cyber threats, Microsoft Danmark ApS has worked with business and societal</td></tr><tr><td /><td>partners to promote cyber security career opportunities and training among Danish students and</td></tr><tr><td /><td>graduates. Together with Digital Dogme, we work with other Danish companies to share best practices</td></tr><tr><td /><td>and experiences in providing successful upskilling for employees and the general workforce.</td></tr><tr><td /><td>As a company whose mission is to empower every person and every organization to achieve more, we</td></tr><tr><td /><td>recognize the potential of AI to serve as a catalyst for a new era of opportunity and economic growth.</td></tr><tr><td /><td>Microsoft will continue to focus on empowering nonprofits and communities with digital and AI capabilities</td></tr><tr><td /><td>to expand opportunity for everyone. We will further promote accessibility, diversity and strengthen the</td></tr><tr><td /><td>culture of inclusion in our work environment.</td></tr></table></mrv:StatementOfCorporateSocialResponsibility>
<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 /><td>Gender composition of management</td></tr><tr><td /><td>Microsoft Danmark ApS reports on gender diversity in line with the requirements in §99b in the Danish</td></tr><tr><td /><td>FSA.</td></tr><tr><td /><td>Microsoft Danmark ApS has set specific goals for gender composition along with a strategy for how to</td></tr><tr><td /><td>reach these goals. As of 2022/23</td></tr><tr><td /><td>The top management team consist of 9 people, of which 3 are women. This gives a 33% female</td></tr><tr><td /><td>representation, which corresponds to an equal gender distribution according to the definition provided by</td></tr><tr><td /><td>the Danish Business Authority.</td></tr><tr><td /><td>The full management population is 37% women, which is considered as positive (Company target: at</td></tr><tr><td /><td>least 30%).</td></tr><tr><td /><td>The total population consists of 35% women, which is considered as positive (Company target: at least</td></tr><tr><td /><td>30%).</td></tr><tr><td /><td>The Executive Board comprises a man and a woman. The Company has therefore achieved equal</td></tr><tr><td /><td>gender distribution in the Executive Board.</td></tr><tr><td /><td>It is Microsoft Danmark ApSâs intent and policy to ensure the female representation in all management</td></tr><tr><td /><td>layers is reflecting the country population most accurately. Microsoft Group maintains intentional focus on</td></tr><tr><td /><td>programs, networks and systemic approaches to increase representation and access to opportunity for</td></tr><tr><td /><td>women. Microsoft believes itâs more important than ever to encourage and empower women to pursue</td></tr><tr><td /><td>careers in IT industry as the opportunity to work in the field is huge. Microsoft is committed to promote</td></tr><tr><td /><td>diversity through values, culture and allyship work, by providing world class benefits that support</td></tr><tr><td /><td>employees of any gender, by focusing on fairness and equality and systemic measures of pay and</td></tr><tr><td /><td>promotion and leaning into flexibility with a hybrid workplace.</td></tr></table></mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender>
<mrv:DescriptionOfKnowledgeResources 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 /><td>Knowledge resources</td></tr><tr><td /><td>- On 1 November 2022, Brian Guldborg took on the role as Chief Financial Officer.</td></tr><tr><td /><td>- On 1 January 2023, Mette Louise Kaagaard has been appointed as CEO for Microsoft Danmark ApS</td></tr><tr><td /><td>taking over from Nana Bule Sejbæk.</td></tr></table></mrv:DescriptionOfKnowledgeResources>
<mrv:DescriptionOfSignificantEventsOccurringAfterEndOfReportingPeriod 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 /><td>Events after the balance sheet date</td></tr><tr><td /><td>No events occurred after the balance sheet date that would impact significantly on the financial</td></tr><tr><td /><td>statements. The ongoing conflict in Ukraine has had no material impact on these financial statements.</td></tr><tr><td /><td>Management will continue to monitor the situation.</td></tr></table></mrv:DescriptionOfSignificantEventsOccurringAfterEndOfReportingPeriod>
<mrv:DescriptionOfExpectedDevelopment 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 /><td>Outlook</td></tr><tr><td /><td>Management has a reasonable expectation that the Company and the Group have adequate resources to</td></tr><tr><td /><td>continue in operational existence for the foreseeable future. Thus, Management continues to adopt the</td></tr><tr><td /><td>going concern basis in preparing the annual report and accounts.</td></tr><tr><td /><td>Adverse economic or market conditions may affect our business. Worsening economic conditions,</td></tr><tr><td /><td>including inflation, recession, pandemic, or other changes in economic conditions, may adversely affect</td></tr><tr><td /><td>our operations, financial condition, and results of operations. To the date no significant negative impacts</td></tr><tr><td /><td>as a result of economic and market conditions have been identified to cast doubt on the entity's ability to</td></tr><tr><td /><td>continue operating as a going concern.</td></tr><tr><td /><td>Under the current business and market conditions, Management expects an increase in the revenue up to</td></tr><tr><td /><td>15-20% for the fiscal year 2023/24 compared to the previous year. In consideration of the resources</td></tr><tr><td /><td>required to support revenue growth, profit before tax in 2023/24 is expected to be 5-15% higher in</td></tr><tr><td /><td>comparison to 2022/23.</td></tr></table></mrv:DescriptionOfExpectedDevelopment>
<fsa:Revenue contextRef="ctx1" unitRef="vDKK" decimals="-3">10596198000</fsa:Revenue>
<fsa:GrossResult contextRef="ctx1" unitRef="vDKK" decimals="-3">514565000</fsa:GrossResult>
<fsa:ProfitLoss contextRef="ctx1" unitRef="vDKK" decimals="-3">402651000</fsa:ProfitLoss>
<fsa:InvestmentInPropertyPlantAndEquipment contextRef="ctx1" unitRef="vDKK" decimals="-3">6481000</fsa:InvestmentInPropertyPlantAndEquipment>
<mrv:OperatingMargin contextRef="ctx1" unitRef="pure" decimals="3">0.049</mrv:OperatingMargin>
<mrv:SolvencyRatio contextRef="ctx1" unitRef="pure" decimals="1">0.2</mrv:SolvencyRatio>
<mrv:ReturnOnEquity contextRef="ctx1" unitRef="pure" decimals="3">0.315</mrv:ReturnOnEquity>
<fsa:AverageNumberOfEmployees contextRef="ctx1" unitRef="pure" decimals="0">524</fsa:AverageNumberOfEmployees>
<mrv:InformationOnCalculationOfKeyFiguresAndFinancialRatios 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 /><td>Financial ratios are calculated in accordance with the Danish Finance Society's guidelines on the calculation of financial ratios, "Recommendations and Financial Ratios 2015".</td></tr><tr><td /><td>The financial ratios stated under "Financial highlights" have been calculated as follows</td></tr><tr><td /><td>Operating margin</td><td>Operating profit(EBIT) x 100 / Revenue</td></tr><tr><td /><td>Solvency ratio</td><td>Equity excl. non-controlling interests, year-end x 100 / TotalEquity and liabilities, year-end</td></tr><tr><td /><td>Return on equity</td><td>Profit/loss forthe year excl. non-controlling interests x 100 / Average equity excl.non-controlling interests</td></tr></table></mrv:InformationOnCalculationOfKeyFiguresAndFinancialRatios>
<fsa:CostOfSales contextRef="ctx1" unitRef="vDKK" decimals="-3">9105871000</fsa:CostOfSales>
<fsa:DistributionCosts contextRef="ctx1" unitRef="vDKK" decimals="-3">853853000</fsa:DistributionCosts>
<fsa:AdministrativeExpenses contextRef="ctx1" unitRef="vDKK" decimals="-3">121909000</fsa:AdministrativeExpenses>
<fsa:OtherOperatingIncome contextRef="ctx1" unitRef="vDKK" decimals="-3">0</fsa:OtherOperatingIncome>
<fsa:OtherOperatingExpenses contextRef="ctx1" unitRef="vDKK" decimals="-3">219000</fsa:OtherOperatingExpenses>
<fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx1" unitRef="vDKK" decimals="-3">514346000</fsa:ProfitLossFromOrdinaryOperatingActivities>
<fsa:OtherFinanceIncome contextRef="ctx1" unitRef="vDKK" decimals="-3">11355000</fsa:OtherFinanceIncome>
<fsa:OtherFinanceExpenses contextRef="ctx1" unitRef="vDKK" decimals="-3">8548000</fsa:OtherFinanceExpenses>
<fsa:ProfitLossFromOrdinaryActivitiesBeforeTax contextRef="ctx1" unitRef="vDKK" decimals="-3">517153000</fsa:ProfitLossFromOrdinaryActivitiesBeforeTax>
<fsa:TaxExpense contextRef="ctx1" unitRef="vDKK" decimals="-3">114502000</fsa:TaxExpense>
<fsa:DividendPaid contextRef="ctx1" unitRef="vDKK" decimals="-3">342000000</fsa:DividendPaid>
<fsa:ClassOfReportingEntity contextRef="ctx1">Regnskabsklasse C, stor virksomhed</fsa:ClassOfReportingEntity>
<fsa:DisclosureOfAccountingPolicies 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 /><td>Accounting policies</td></tr><tr><td /><td>The annual report of Microsoft Danmark ApS for the year ended 30 June 2023 has been prepared in</td></tr><tr><td /><td>accordance with the provisions in the Danish Financial Statements Act applying to large reporting class C</td></tr><tr><td /><td>entities.</td></tr><tr><td /><td>The presentation of Annual report for the year ended 30 June 2023 continues to follow an IFRS</td></tr><tr><td /><td>presentation of the Statement of financial position consistent with prior year.</td></tr></table></fsa:DisclosureOfAccountingPolicies>
<fsa:AccountingPoliciesAreUnchangedFromPreviousPeriod contextRef="ctx1">true</fsa:AccountingPoliciesAreUnchangedFromPreviousPeriod>
<fsa:ExplanationOfNotDisclosingCashFlowsStatements 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 /><td>Omission of a cash flow statement</td></tr><tr><td /><td>With reference to section 86(4) of the Danish Financial Statements Act, no cash flow statement has been</td></tr><tr><td /><td>prepared. The entity's cash flows are part of the consolidated cash flow statement for the ultimate parent</td></tr><tr><td /><td>company, Microsoft Corporation.</td></tr></table></fsa:ExplanationOfNotDisclosingCashFlowsStatements>
<fsa:DescriptionOfGeneralMattersRelatedToRecognitionMeasurementAndChangesInAccountingPolicies 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 /><td>Basis of recognition and measurement</td></tr><tr><td /><td>Assets are recognised in the balance sheet when it is probable as a result of a prior event that future</td></tr><tr><td /><td>economic benefits will flow to the Company and the value of the asset can be measured reliably.</td></tr><tr><td /><td>Liabilities are recognised in the balance sheet when the Company has a legal or constructive obligation</td></tr><tr><td /><td>as a result of a prior event and it is probable that future economic benefits will flow out of the Company</td></tr><tr><td /><td>and the value of the liability can be measured reliably.</td></tr><tr><td /><td>On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial</td></tr><tr><td /><td>recognition is effected as described below for each financial statement item.</td></tr><tr><td /><td>Anticipated risks and losses that arise before the time of presentation of the annual report and that</td></tr><tr><td /><td>confirm or invalidate affairs and conditions existing at the balance sheet date are considered at</td></tr><tr><td /><td>recognition and measurement.</td></tr><tr><td /><td>Income is recognised in the income statement when earned, whereas costs are recognised by the</td></tr><tr><td /><td>amounts attributable to this financial year.</td></tr><tr><td /><td>Reporting currency</td></tr><tr><td /><td>The financial statements are presented in Danish kroner (DKK'000).</td></tr></table></fsa:DescriptionOfGeneralMattersRelatedToRecognitionMeasurementAndChangesInAccountingPolicies>
<fsa:DescriptionOfMethodsOfForeignCurrencies 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 /><td>Foreign currency translation</td></tr><tr><td /><td>On initial recognition, transactions denominated in foreign currencies are translated at the exchange rates</td></tr><tr><td /><td>at the transaction date. Foreign exchange differences arising between the exchange rate at the</td></tr><tr><td /><td>transaction date and the rate at the date of payment are recognised in the income statement as financial</td></tr><tr><td /><td>income or financial expenses.</td></tr><tr><td /><td>Property, plant and equipment, intangible assets and other non-monetary assets that have been</td></tr><tr><td /><td>purchased in foreign currencies are translated using historical rates.</td></tr></table></fsa:DescriptionOfMethodsOfForeignCurrencies>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfIncomeStatementItems 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 /><td>Income statement</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfIncomeStatementItems>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfRevenue 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 /><td>Revenue</td></tr><tr><td /><td>Revenue primarily consists of live distribution of software and hardware to Danish customers.</td></tr><tr><td /><td>Furthermore, the revenue comprises to some extent intra-group commissions and invoiced sales of</td></tr><tr><td /><td>consultancy services.</td></tr><tr><td /><td>Microsoft Danmark ApS operates this business under a âLimited Risk Distributorâ model, the terms of</td></tr><tr><td /><td>which are defined in a distribution and inter-company service agreement signed with Microsoft Ireland</td></tr><tr><td /><td>Operations Limited (MIOL).</td></tr><tr><td /><td>Revenue is recognised in the income statement when delivery is made and risk has passed to the buyer.</td></tr><tr><td /><td>Revenue is recognised net of VAT, duties and sales discounts.</td></tr><tr><td /><td>Licences for on-premises software provide the customer with a right to use the software as it exists when</td></tr><tr><td /><td>made available to the customer. Customers may purchase perpetual licences or subscribe to licences,</td></tr><tr><td /><td>which provide customers with the same functionality and differ mainly in the duration over which the</td></tr><tr><td /><td>customer benefits from the software. Revenue from distinct on-premises licences is recognised upfront at</td></tr><tr><td /><td>the point in time when the software is made available to the customer. In cases where we allocate</td></tr><tr><td /><td>revenue to software updates, primarily because the updates are provided at no additional charge,</td></tr><tr><td /><td>revenue is recognised as the updates are provided, which is generally rateably over the estimated life of</td></tr><tr><td /><td>the related device or licence.</td></tr><tr><td /><td>Certain volume licensing programs, including Enterprise Agreements, include on-premises licences</td></tr><tr><td /><td>combined with Software Assurance (âSAâ). SA conveys the rights to new software and upgrades released</td></tr><tr><td /><td>over the contract period and provides support, tools, and training to help customers deploy and use</td></tr><tr><td /><td>products more efficiently. On-premises licences are considered distinct from SA and therefore separate</td></tr><tr><td /><td>performance obligations when sold with SA. Revenue allocated to SA is generally recognised rateably</td></tr><tr><td /><td>over the contract period as customers simultaneously consume and receive benefits, given that SA</td></tr><tr><td /><td>comprises distinct goods or services that are satisfied over time.</td></tr><tr><td /><td>Cloud services, which allow customers to use hosted software over the contract period without taking</td></tr><tr><td /><td>possession of the software, are provided on either a subscription or consumption basis. Revenue related</td></tr><tr><td /><td>to cloud services provided on a subscription basis is recognised rateably over the contract period.</td></tr><tr><td /><td>Revenue related to cloud services provided on a consumption basis, such as the amount of storage used</td></tr><tr><td /><td>in a period, is recognised based on the customerâs utilisation of such resources. When cloud services</td></tr><tr><td /><td>require a significant level of integration and interdependency with software and the individual components</td></tr><tr><td /><td>are not considered distinct, all revenue is recognised over the period in which the cloud services are</td></tr><tr><td /><td>provided.</td></tr><tr><td /><td>Maintenance and subscription products are recognized proportionately over the term of the contract.</td></tr><tr><td /><td>Revenue from sales of packaged goods to and through distributors and resellers is recognized at the</td></tr><tr><td /><td>point in time when ownership is transferred to distributors and resellers or directly to end-customers.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfRevenue>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfCostOfSales 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 /><td>Cost of sales</td></tr><tr><td /><td>Cost of goods sold relate to those costs which are directly attributable to the revenue generating activities</td></tr><tr><td /><td>of the company and are recognised in the income statement in line with the related recognition of</td></tr><tr><td /><td>revenue.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfCostOfSales>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfDistributionCosts 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 /><td>Distribution costs</td></tr><tr><td /><td>Distribution costs comprise costs incurred for sale and distribution of the Company's products, including</td></tr><tr><td /><td>wages and salaries for sales staff, advertising costs, travelling and entertainment expenses, etc. as well</td></tr><tr><td /><td>as amortisation, depreciation and impairment losses relating to intangible assets and property, plant and</td></tr><tr><td /><td>equipment attached to the distribution process.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfDistributionCosts>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfAdministrativeExpenses 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 /><td>Administrative expenses</td></tr><tr><td /><td>Administrative expenses comprise costs incurred in the year to manage and administer the Company,</td></tr><tr><td /><td>including expenses related to administrative staff, management, office premises, office expenses as well</td></tr><tr><td /><td>as amortisation, depreciation and impairment losses relating to intangible assets and property, plant and</td></tr><tr><td /><td>equipment used for administration of the Company.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfAdministrativeExpenses>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfOtherOperatingIncome 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 /><td>Other operating income</td></tr><tr><td /><td>Other operating income comprises items secondary to the entities' activities, including gains on disposal</td></tr><tr><td /><td>of intangible assets and items of property, plant and equipment.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfOtherOperatingIncome>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfOtherOperatingExpenses 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 /><td>Other operating expenses</td></tr><tr><td /><td>Other operating expenses comprise items secondary to the entities' activities, including losses on</td></tr><tr><td /><td>disposal of intangible assets and items of property, plant and equipment.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfOtherOperatingExpenses>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfFinanceIncomeAndExpenses 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 /><td>Financial income and expenses</td></tr><tr><td /><td>Financial income and expenses comprises interests, including those to group entities net capital gains</td></tr><tr><td /><td>and losses on transactions in foreign currencies as well as tax relief and surcharges under the Danish</td></tr><tr><td /><td>Tax Prepayment Scheme, etc.</td></tr><tr><td /><td>Tax for the year</td></tr><tr><td /><td>The Company is covered by the Danish rules on compulsory joint taxation.The current Danish corporation</td></tr><tr><td /><td>tax is allocated by settlement of joint taxation contribution between the jointly taxed companies in</td></tr><tr><td /><td>proportion to their taxable income. In this relation, companies with tax loss carryforwards receive joint</td></tr><tr><td /><td>taxation contribution from companies that have used these losses to reduce their own taxable profits.</td></tr><tr><td /><td>Jointly taxed companies entitled to a tax refund are, as a minimum, reimbursed by the administrative</td></tr><tr><td /><td>company according to the current rates applicable to interest allowances, and jointly taxed companies</td></tr><tr><td /><td>which do not pay their due taxes, as a maximum, a surcharge according to the current rates applicable to</td></tr><tr><td /><td>interest surcharges to the administrative company.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfFinanceIncomeAndExpenses>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfTaxExpenses 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 /><td>Tax for the year includes current tax on the year's expected taxable income and the year's deferred tax</td></tr><tr><td /><td>adjustments. The portion of the tax for the year that relates to the profit/loss for the year is recognised in</td></tr><tr><td /><td>the income statement, whereas the portion that relates to transactions taken to equity is recognised in</td></tr><tr><td /><td>equity.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfTaxExpenses>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfAssetsAndLiabilities 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 /><td>Balance sheet</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfAssetsAndLiabilities>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfPropertyPlantAndEquipment 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 /><td>Property, plant and equipment</td></tr><tr><td /><td>Fixtures and fittings, tools and equipment, as well as leasehold improvements are measured at cost less</td></tr><tr><td /><td>accumulated depreciation and impairment losses.</td></tr><tr><td /><td>Cost comprises the purchase price and any costs directly attributable to the acquisition, and preparation</td></tr><tr><td /><td>costs of the asset until the date when the asset is available for use.</td></tr><tr><td /><td>Depreciation is provided on a straight-line basis over the expected useful lives of the assets. The</td></tr><tr><td /><td>expected useful lives are as follows</td></tr><tr><td /><td>Fixtures and fittings, tools and equipment 3 to 6 years</td></tr><tr><td /><td>Computers (excl. servers) Fully depreciated in month of acquisition</td></tr><tr><td /><td>Leasehold improvements Over the agreed lease period, not to exceed 10 years</td></tr><tr><td /><td>Property, plant and equipment under construction are measured at cost.</td></tr><tr><td /><td>Fixed assets are written down to the recoverable amount, if this value is lower than the carrying amount.</td></tr><tr><td /><td>Profits and losses from the sale of property, plant and equipment are recognised in the income statement</td></tr><tr><td /><td>under the same items as the related depreciation.</td></tr><tr><td /><td>In July 2022, we completed an assessment of the useful lives of our server and network equipment and</td></tr><tr><td /><td>determined we should increase the estimated useful life of server equipment from four years to six years</td></tr><tr><td /><td>and increase the estimated useful life of network equipment from four years to six years. This change in</td></tr><tr><td /><td>accounting estimate is effective beginning fiscal year 2023. Based on the carrying amount of server and</td></tr><tr><td /><td>network equipment included in Property, plant and equipment as of June 30, 2023, it is estimated this</td></tr><tr><td /><td>change has decreased our fiscal year 2023 operating expense by DKK 274 thousand. Forward looking</td></tr><tr><td /><td>expectations for the same change in accounting estimate is to decrease our fiscal year 2024 operating</td></tr><tr><td /><td>expense by DKK 134 thousand.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfPropertyPlantAndEquipment>
<fsa:DescriptionOfMethodsOfAmortisationOfNoncurrentAssets 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 /><td>Impairment of assets</td></tr><tr><td /><td>The carrying amount of intangible assets, property, plant and equipment and investments in subsidiaries,</td></tr><tr><td /><td>associates and participating interests is assessed for impairment on an annual basis.</td></tr><tr><td /><td>Impairment tests are conducted on assets or groups of assets when there is indication of impairment.</td></tr><tr><td /><td>Assets are written down to the lower of the carrying amount and the recoverable amount.</td></tr><tr><td /><td>Where an impairment loss is recognised on a group of assets, a loss must first be allocated to goodwill</td></tr><tr><td /><td>and then to the other assets on a pro rata basis.</td></tr><tr><td /><td>The recoverable amount is the higher of the net selling price of an asset and its value in use. The value in</td></tr><tr><td /><td>use is calculated as the net present value of the expected net cash flows from the use of the asset or the</td></tr><tr><td /><td>group of assets and the expected net cash flows from the disposal of the asset or the group of assets</td></tr><tr><td /><td>after the end of the useful life.</td></tr><tr><td /><td>Previously recognised impairment losses are reversed when the reason for recognition no longer exists.</td></tr><tr><td /><td>Impairment losses on goodwill are not reversed.</td></tr></table></fsa:DescriptionOfMethodsOfAmortisationOfNoncurrentAssets>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfReceivables 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 /><td>Receivables</td></tr><tr><td /><td>Receivables are measured at amortised cost, usually equaling nominal value less provisions for bad</td></tr><tr><td /><td>debts. Provisions for bad debts are calculated on the basis of an assessment of the expected collectibilty.</td></tr><tr><td /><td>Trade receivables with a due date greater than 12 months are considered as a long-term receivable and</td></tr><tr><td /><td>are classed as Other non-current assets in the balance sheet.</td></tr><tr><td /><td>The Company has chosen IAS 39 as interpretation for impairment of financial receivables.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfReceivables>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfDeferredIncomeAssets 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 /><td>Prepayments</td></tr><tr><td /><td>Prepayments recognised under current assets comprise expenses incurred concerning subsequent</td></tr><tr><td /><td>financial years. Prepayments are measured at cost.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfDeferredIncomeAssets>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfCashAndCashEquivalents 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 /><td>Cash</td></tr><tr><td /><td>Cash comprises cash in hand and bank deposits.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfCashAndCashEquivalents>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfEquity 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 /><td>Equity</td></tr><tr><td /><td>Dividend</td></tr><tr><td /><td>Dividend proposed for the year is recognised as a liability at the date when they are adopted at the</td></tr><tr><td /><td>annual general meeting (declaration date). Dividend expected to be distributed for the year is disclosed</td></tr><tr><td /><td>as a separate item under equity.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfEquity>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfProvisions 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 /><td>Provisions</td></tr><tr><td /><td>Provisions comprise anticipated expenses relating to restoration, etc. Provisions are recognised when the</td></tr><tr><td /><td>Company has a present obligation (legal or constructive) as a result of a past event and it is probable that</td></tr><tr><td /><td>an outflow of resources embodying economic benefits will be required to settle the obligation.</td></tr><tr><td /><td>Provisions are measured at net realisable value or fair value. If the obligation is expected to be settled far</td></tr><tr><td /><td>into the future.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfProvisions>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfTaxPayablesAndDeferredTax 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 /><td>Income tax and deferred tax</td></tr><tr><td /><td>Current tax payables and receivables are recognised in the balance sheet as tax computed on the</td></tr><tr><td /><td>taxable income for the year, adjusted for tax on prior-year taxable income and tax paid on account.</td></tr><tr><td /><td>Joint taxation contribution payable and receivable is recognised in the balance sheet as "Income tax</td></tr><tr><td /><td>receivable" or "Income tax payable".</td></tr><tr><td /><td>Deferred tax assets, including the tax base of tax loss carry-forwards, are recognised at the expected</td></tr><tr><td /><td>value of their utilisation; either as a set-off against tax on future income or as a set-off against deferred</td></tr><tr><td /><td>tax liabilities in the same legal tax entity and jurisdiction.</td></tr><tr><td /><td>Deferred tax is measured according to the tax rules and at the tax rates applicable at the balance sheet</td></tr><tr><td /><td>date when the deferred tax is expected to crystallise as current tax.</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 /><td>Deferred income</td></tr><tr><td /><td>Deferred income, recognised under "Liabilities", comprises payments received concerning income in</td></tr><tr><td /><td>subsequent years.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfTaxPayablesAndDeferredTax>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfLiabilitiesOtherThanProvisions 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 /><td>Liabilities</td></tr><tr><td /><td>Other financial liabilities are measured at amortised cost, which usually corresponds to nominal value.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfLiabilitiesOtherThanProvisions>
<fsa:InformationOnSegments 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 /><td>Segment information</td></tr><tr><td /><td>Segment information is given for revenue broken down by business segment. The segmentation is in</td></tr><tr><td /><td>accordance with the entity's internal financial management.</td></tr></table></fsa:InformationOnSegments>
<fsa:InformationOnOperatingSegmentsAndGeographicalMarkets 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td colspan="4"></td></tr><tr><td width="16%" colspan="1" align="center" valign="middle" >Note</td><td width="47%" colspan="1" align="center" valign="middle" >Noter</td><td width="19%" colspan="1" align="center" valign="middle" ></td><td width="18%" colspan="1" align="center" valign="middle" ></td></tr><tr><td colspan="4"></td></tr><tr><td width="16%" ></td><td width="84%" colspan="3" align="left" valign="middle" >Segment information.</td></tr><tr><td width="16%" ></td><td width="84%" colspan="3" align="left" valign="middle" >DKK'000</td></tr><tr><td width="16%" ></td><td width="47%" ></td><td width="19%" colspan="1" align="left" valign="middle" >2022/23</td><td width="18%" colspan="1" align="left" valign="middle" >2021/22</td></tr><tr><td width="16%" ></td><td width="47%" colspan="1" align="left" valign="middle" >Products</td><td width="19%" align="right" valign="middle" >2921969</td><td width="18%" align="right" valign="middle" >2710688</td></tr><tr><td width="16%" ></td><td width="47%" colspan="1" align="left" valign="middle" >Service and other</td><td width="19%" align="right" valign="middle" >6598732</td><td width="18%" align="right" valign="middle" >4549717</td></tr><tr><td width="16%" ></td><td width="47%" colspan="1" align="left" valign="middle" >Commission income</td><td width="19%" align="right" valign="middle" >911370</td><td width="18%" align="right" valign="middle" >856026</td></tr><tr><td width="16%" ></td><td width="47%" colspan="1" align="left" valign="middle" >Consultancy income</td><td width="19%" align="right" valign="middle" >164127</td><td width="18%" align="right" valign="middle" >152172</td></tr><tr><td width="16%" ></td><td width="47%" ></td><td width="19%" align="right" valign="middle" >10596198</td><td width="18%" align="right" valign="middle" >8268603</td></tr><tr><td colspan="4"></td></tr></table></fsa:InformationOnOperatingSegmentsAndGeographicalMarkets>
<fsa:WagesAndSalaries contextRef="ctx1" unitRef="vDKK" decimals="-3">720908000</fsa:WagesAndSalaries>
<fsa:PostemploymentBenefitExpense contextRef="ctx1" unitRef="vDKK" decimals="-3">56498000</fsa:PostemploymentBenefitExpense>
<fsa:SocialSecurityContributions contextRef="ctx1" unitRef="vDKK" decimals="-3">6947000</fsa:SocialSecurityContributions>
<fsa:EmployeeBenefitsExpense contextRef="ctx1" unitRef="vDKK" decimals="-3">784353000</fsa:EmployeeBenefitsExpense>
<fsa:DisclosureOfEmployeeBenefitsExpense 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 /><td /><td>Staff costs are recognised as follows in the financial statements</td></tr><tr><td /><td /><td>Distribution costs.</td><td>719006</td><td>662091</td></tr><tr><td /><td /><td>Administrative expenses.</td><td>65347</td><td>37450</td></tr><tr><td /><td /><td /><td>784353</td><td>699541</td></tr></table></fsa:DisclosureOfEmployeeBenefitsExpense>
<fsa:InformationOnRemunerationOfManagementCategoriesAndSpecialIncentiveProgrammes 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Remuneration to members of management</td></tr><tr><td width="57%" colspan="1" align="left" valign="middle" >Executive board</td><td width="23%" align="right" valign="middle" >12393</td><td width="20%" align="right" valign="middle" >3948</td></tr><tr><td width="57%" ></td><td width="23%" align="right" valign="middle" >12393</td><td width="20%" align="right" valign="middle" >3948</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >The remuneration of the Executive Board includes pension of DKK 596 thousand (2021/22: DKK 277</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >thousand).</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Incentive programmes</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >In addition to the performance bonus program, the Company has a stock award program, which also</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >includes the Executive Board.</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >The award program comprise of stocks in the ultimate parent company. The Danish Company does not</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >pay for these rights.</td></tr><tr><td colspan="3"></td></tr></table></fsa:InformationOnRemunerationOfManagementCategoriesAndSpecialIncentiveProgrammes>
<fsa:DisclosureOfOtherFinanceExpenses 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 /><td /><td>Financial expenses</td></tr></table></fsa:DisclosureOfOtherFinanceExpenses>
<fsa:InterestExpenseAssignedToGroupEnterprises contextRef="ctx1" unitRef="vDKK" decimals="-3">8288000</fsa:InterestExpenseAssignedToGroupEnterprises>
<fsa:OtherInterestExpenses contextRef="ctx1" unitRef="vDKK" decimals="-3">260000</fsa:OtherInterestExpenses>
<fsa:DisclosureOfOtherFinanceIncome 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 /><td /><td>Financial income</td></tr></table></fsa:DisclosureOfOtherFinanceIncome>
<fsa:OtherInterestIncome contextRef="ctx1" unitRef="vDKK" decimals="-3">11355000</fsa:OtherInterestIncome>
<fsa:DisclosureOfTaxExpenses 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 /><td /><td>Tax for the year</td></tr></table></fsa:DisclosureOfTaxExpenses>
<fsa:CurrentTaxExpense contextRef="ctx1" unitRef="vDKK" decimals="-3">-38972000</fsa:CurrentTaxExpense>
<fsa:AdjustmentsForDeferredTax contextRef="ctx1" unitRef="vDKK" decimals="-3">-75528000</fsa:AdjustmentsForDeferredTax>
<fsa:AdjustmentsForCurrentTaxOfPriorPeriod contextRef="ctx1" unitRef="vDKK" decimals="-3">-2000</fsa:AdjustmentsForCurrentTaxOfPriorPeriod>
<fsa:DisclosureOfPropertyPlantAndEquipment 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 /><td /><td>Property, plant and equipments</td></tr></table></fsa:DisclosureOfPropertyPlantAndEquipment>
<fsa:AdditionsToPropertyPlantAndEquipment contextRef="ctx1" unitRef="vDKK" decimals="-3">6481000</fsa:AdditionsToPropertyPlantAndEquipment>
<fsa:IncreaseDecreaseOfPropertyPlantAndEquipmentThroughTransfers contextRef="ctx1" unitRef="vDKK" decimals="-3">0</fsa:IncreaseDecreaseOfPropertyPlantAndEquipmentThroughTransfers>
<fsa:DisposalsOfPropertyPlantAndEquipment contextRef="ctx1" unitRef="vDKK" decimals="-3">506000</fsa:DisposalsOfPropertyPlantAndEquipment>
<fsa:DepreciationOfPropertyPlantAndEquipment contextRef="ctx1" unitRef="vDKK" decimals="-3">8892000</fsa:DepreciationOfPropertyPlantAndEquipment>
<fsa:ReversalsOfImpairmentLossesAndDepreciationOfDisposedPropertyPlantAndEquipment contextRef="ctx1" unitRef="vDKK" decimals="-3">506000</fsa:ReversalsOfImpairmentLossesAndDepreciationOfDisposedPropertyPlantAndEquipment>
<fsa:InformationOnProvisionsForDeferredTax 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Deferred tax</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >DKK'000</td><td width="25%" colspan="1" align="left" valign="middle" >2022/23</td><td width="26%" colspan="1" align="left" valign="middle" >2021/22</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >Deffered tax 1 july</td><td width="25%" align="right" valign="middle" >330804</td><td width="26%" align="right" valign="middle" >399269</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >Adjustment of the deffered tax charge for the year</td><td width="25%" align="right" valign="middle" >-75528</td><td width="26%" align="right" valign="middle" >-68640</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >Adjustment of the deffered tax charge for the prior year</td><td width="25%" align="right" valign="middle" >115</td><td width="26%" align="right" valign="middle" >175</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >Deffered tax 30 June</td><td width="25%" align="right" valign="middle" >255391</td><td width="26%" align="right" valign="middle" >330804</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Deffered tax related to</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >Intangible assets</td><td width="25%" align="right" valign="middle" >227736</td><td width="26%" align="right" valign="middle" >303647</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >Property, plant and equipment</td><td width="25%" align="right" valign="middle" >3052</td><td width="26%" align="right" valign="middle" >2535</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >Provisions</td><td width="25%" align="right" valign="middle" >8167</td><td width="26%" align="right" valign="middle" >767</td></tr><tr><td width="49%" colspan="1" align="left" valign="middle" >Other taxable temporary differences</td><td width="25%" align="right" valign="middle" >16436</td><td width="26%" align="right" valign="middle" >23855</td></tr><tr><td width="49%" ></td><td width="25%" align="right" valign="middle" >255391</td><td width="26%" align="right" valign="middle" >330804</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >In year 2019/2020 Microsoft Danmark Aps recognized step-up in the value of deferred taxes of DKK 531</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >million following transition rules of Section 2A of the Danish Corporation Tax Act as a consequence of</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >organizational restructuring, resulted in a change of the tax status of the company. The tax effect of the</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >step up was recognized in 2019/2020 year profit and loss and the deferred income tax asset was</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >recognized to the extent that realization of the related tax benefit through future taxable profits was highly</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >probable. The expectations continue for the current year as Microsoft Danmark Aps has a history of being</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >profit-making company and realizing taxable profits.</td></tr></table></fsa:InformationOnProvisionsForDeferredTax>
<fsa:DisclosureOfOtherProvisions 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" >Noter</td></tr><tr><td width="16%" ></td><td width="50%" ></td><td width="16%" colspan="1" align="left" valign="middle" >2022/23</td><td width="18%" colspan="1" align="left" valign="middle" >2021/22</td></tr><tr><td width="16%" ></td><td width="84%" colspan="3" align="left" valign="middle" >Other provisions</td></tr><tr><td width="16%" ></td><td width="50%" colspan="1" align="left" valign="middle" >Opening balances at 1 July</td><td width="16%" align="right" valign="middle" >4310</td><td width="18%" align="right" valign="middle" >4021</td></tr><tr><td width="16%" ></td><td width="50%" colspan="1" align="left" valign="middle" >Provisions for the year</td><td width="16%" align="right" valign="middle" >310</td><td width="18%" align="right" valign="middle" >289</td></tr><tr><td width="16%" ></td><td width="50%" colspan="1" align="left" valign="middle" >Other provisions at 30 June</td><td width="16%" align="right" valign="middle" >4620</td><td width="18%" align="right" valign="middle" >4310</td></tr><tr><td colspan="4"></td></tr><tr><td width="16%" ></td><td width="84%" colspan="3" align="left" valign="middle" >Other provisions includes provisions for restoration of leased premises and similar provisions. Other</td></tr><tr><td width="16%" ></td><td width="84%" colspan="3" align="left" valign="middle" >provisions are expected to mature within the period less than 5 years.</td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfOtherProvisions>
<fsa:DisclosureOfOtherPayables 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Other payables</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Payroll liabilities</td><td width="19%" align="right" valign="middle" >143774</td><td width="21%" align="right" valign="middle" >114367</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Other payables.</td><td width="19%" align="right" valign="middle" >693726</td><td width="21%" align="right" valign="middle" >566320</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Compensated absence commitment</td><td width="19%" align="right" valign="middle" >47820</td><td width="21%" align="right" valign="middle" >73487</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >VAT and other indirect taxes</td><td width="19%" align="right" valign="middle" >298392</td><td width="21%" align="right" valign="middle" >303459</td></tr><tr><td width="60%" ></td><td width="19%" align="right" valign="middle" >1183712</td><td width="21%" align="right" valign="middle" >1057633</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Non-current other payables due after 30 June 2024</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Compensated absence commitment</td><td width="19%" align="right" valign="middle" >126</td><td width="21%" align="right" valign="middle" >215</td></tr><tr><td width="60%" ></td><td width="19%" align="right" valign="middle" >126</td><td width="21%" align="right" valign="middle" >215</td></tr><tr><td colspan="3"></td></tr></table></fsa:DisclosureOfOtherPayables>
<fsa:DisclosureOfContingentLiabilities 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Contractual obligations and contingencies, etc.</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Other contingent liabilities</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >The Company is covered by the Danish rules on compulsory joint taxation and has joint and several</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >unlimited liability for Danish corporation taxes and withholding taxes on dividends, interest and royalties in</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >the joint taxation unit, Microsoft Danmark ApS is acting as administrator company of the unit. At 30 June</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >2023, the net taxes payable to Danish Tax Agency by the companies included in the joint taxation</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >amounted to DKK 36 970 thousand. Any subsequent corrections of the taxable income subject to joint</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >taxation or withholding taxes on dividends, etc., may entail that the companies' liability will increase.</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Other financial obligations</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Other rent and lease liabilities</td></tr><tr><td colspan="3"></td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >DKK'000</td><td width="19%" colspan="1" align="left" valign="middle" >2022/23</td><td width="21%" colspan="1" align="left" valign="middle" >2021/22</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Rent and lease liabilities</td><td width="19%" align="right" valign="middle" >63462</td><td width="21%" align="right" valign="middle" >66525</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Microsoft Danmark ApS and Microsoft Development Center Copenhagen ApS have entered into a joint</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >contract to lease a shared domicile located in Lyngby north of Copenhagen. The two companies are</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >jointly liable for the 10 year rent commitment, with a remaning obligation amounting to DKK 103 million as</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >of 30 June 2023. Microsoft Danmark ApS is expected to pay 45% of the rent commitment amounted to</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >DKK 46 million, which is part of "Other rent and lease laibilities" amounted to DKK 63 million as of June,</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >30th.</td></tr><tr><td colspan="3"></td></tr></table></fsa:DisclosureOfContingentLiabilities>
<fsa:ExplanationOfPrepayments 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Deferred income</td></tr><tr><td colspan="3"></td></tr><tr><td width="60%" ></td><td width="19%" colspan="1" align="left" valign="middle" >2022/23</td><td width="21%" colspan="1" align="left" valign="middle" >2021/22</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Deferred income</td><td width="19%" align="right" valign="middle" >2951152</td><td width="21%" align="right" valign="middle" >2638230</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Deferred cost of sales of DKK 2,754 million represents the intercompany element of third party deferred</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >income. In accordance with matching principles, the intercompany element must be recognized in line</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >with the third-party revenue transactions.</td></tr></table></fsa:ExplanationOfPrepayments>
<fsa:DisclosureOfShorttermLiabilities 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Prepayments</td></tr><tr><td width="60%" ></td><td width="19%" colspan="1" align="left" valign="middle" >2022/23</td><td width="21%" colspan="1" align="left" valign="middle" >2021/22</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Deferred cost of sales</td><td width="19%" align="right" valign="middle" >2754265</td><td width="21%" align="right" valign="middle" >2470914</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Administrative expenses</td><td width="19%" align="right" valign="middle" >12461</td><td width="21%" align="right" valign="middle" >1362</td></tr><tr><td width="60%" colspan="1" align="left" valign="middle" >Financial expenses</td><td width="19%" align="right" valign="middle" >10</td><td width="21%" align="right" valign="middle" >0</td></tr><tr><td width="60%" ></td><td width="19%" align="right" valign="middle" >2766736</td><td width="21%" align="right" valign="middle" >2472276</td></tr><tr><td colspan="3"></td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >Deferred cost of sales of DKK 2,754 million represents the intercompany element of third party deferred</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >income. In accordance with matching principles, the intercompany element must be recognized in line</td></tr><tr><td width="100%" colspan="3" align="left" valign="middle" >with the third-party revenue transactions.</td></tr></table></fsa:DisclosureOfShorttermLiabilities>
<fsa:DisclosureOfOwnership 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="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="100%" colspan="4" align="left" valign="middle" >Noter</td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Related parties</td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Microsoft Danmark ApS related parties comprise the following</td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Parties exercising control</td></tr><tr><td colspan="4"></td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Related party</td><td width="28%" colspan="1" align="left" valign="middle" >Domicile</td><td width="31%" colspan="1" align="left" valign="middle" >Basis for control</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Microsoft Ireland Research</td><td width="28%" colspan="1" align="left" valign="middle" >Dublin, Ireland</td><td width="31%" colspan="1" align="left" valign="middle" >Participating interest</td></tr><tr><td colspan="4"></td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Information about consolidated financial statements</td></tr><tr><td colspan="4"></td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Ultimate parents</td><td width="28%" colspan="1" align="left" valign="middle" >Domicile</td><td width="31%" colspan="1" align="left" valign="middle" >Requisitioning of the parent comapny's consolidated financial statements</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Microsoft Corporation</td><td width="28%" colspan="1" align="left" valign="middle" >Redmond WA USA</td><td width="31%" colspan="1" align="left" valign="middle" >www.microsoft.com</td></tr><tr><td colspan="4"></td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Related party transactions and balances</td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Microsoft Danmark ApS was engaged in the below related party transactions, in addition to dividend distribution and remuneration of management</td></tr><tr><td colspan="4"></td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >DKK'000</td><td width="28%" colspan="1" align="right" valign="middle" >2022/23</td><td width="31%" colspan="1" align="right" valign="middle" >2021/22</td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Transactions with group entitites</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Commission income</td><td width="28%" align="right" valign="middle" >911370</td><td width="31%" align="right" valign="middle" >856026</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Service fee (Expense)</td><td width="28%" align="right" valign="middle" >-396</td><td width="31%" align="right" valign="middle" >-287</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Cost of Sales</td><td width="28%" align="right" valign="middle" >-9105871</td><td width="31%" align="right" valign="middle" >-6938336</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Sale of property</td><td width="28%" align="right" valign="middle" >0</td><td width="31%" align="right" valign="middle" >26831</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Financial income</td><td width="28%" align="right" valign="middle" >11355</td><td width="31%" align="right" valign="middle" >0</td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Balances with counterpart</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Receivables from group entities - Short term</td><td width="28%" align="right" valign="middle" >1219588</td><td width="31%" align="right" valign="middle" >1319638</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Payables to group entities</td><td width="28%" align="right" valign="middle" >1157213</td><td width="31%" align="right" valign="middle" >1522545</td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >Balances with parent company</td></tr><tr><td width="10%" ></td><td width="31%" colspan="1" align="left" valign="middle" >Payablesto ultimateparentcompany</td><td width="28%" align="right" valign="middle" >13640</td><td width="31%" align="right" valign="middle" >4112</td></tr><tr><td colspan="4"></td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >During the year an office rent reimbursement was received related to Lyngby. The amount of</td></tr><tr><td width="10%" ></td><td width="90%" colspan="3" align="left" valign="middle" >reimbursement income received was for DKK 21,295 thousand. See note 11 for further details.</td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfOwnership>
<fsa:InformationOnAuditorsFees 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 /><td /><td>Fee to the auditors appointed by the Company in general meeting</td></tr></table></fsa:InformationOnAuditorsFees>
<fsa:FeesForAuditorsPerformingStatutoryAudit contextRef="ctx1" unitRef="vDKK" decimals="-3">360000</fsa:FeesForAuditorsPerformingStatutoryAudit>
<fsa:AuditorsFees contextRef="ctx1" unitRef="vDKK" decimals="-3">360000</fsa:AuditorsFees>
<fsa:DisclosureOfTheManagementsProposedDistributionOfProfitLoss 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 /><td /><td>Appropriation of profit</td></tr></table></fsa:DisclosureOfTheManagementsProposedDistributionOfProfitLoss>
<fsa:TransferredToFromRetainedEarnings contextRef="ctx1" unitRef="vDKK" decimals="-3">-7349000</fsa:TransferredToFromRetainedEarnings>
<fsa:DisclosureOfSignificantEventsOccurringAfterEndOfReportingPeriod 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 width="100%" colspan="1" align="left" valign="middle" >Events after the balance sheet date</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >No events occurred after the balance sheet date that would impact significantly on the financial</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >statements. The ongoing conflict in Ukraine has had no material impact on these financial statements.</td></tr><tr><td width="100%" colspan="1" align="left" valign="middle" >Management will continue to monitor the situation.</td></tr></table></fsa:DisclosureOfSignificantEventsOccurringAfterEndOfReportingPeriod>
<gsd:InformationOnTypeOfSubmittedReport contextRef="ctx1">Ã
rsrapport</gsd:InformationOnTypeOfSubmittedReport>
<gsd:IdentificationNumberCvrOfSubmittingEnterprise contextRef="ctx1">30700228</gsd:IdentificationNumberCvrOfSubmittingEnterprise>
<gsd:NameOfSubmittingEnterprise contextRef="ctx1" xml:lang="da">EY Godkendt Revisionspartnerselskab</gsd:NameOfSubmittingEnterprise>
<gsd:AddressOfSubmittingEnterpriseStreetAndNumber contextRef="ctx1" xml:lang="da">Cortex Park Vest 3</gsd:AddressOfSubmittingEnterpriseStreetAndNumber>
<gsd:AddressOfSubmittingEnterprisePostcodeAndTown contextRef="ctx1" xml:lang="da">5230 Odense M</gsd:AddressOfSubmittingEnterprisePostcodeAndTown>
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<gsd:PrecedingReportingPeriodStartDate contextRef="ctx1">2021-07-01</gsd:PrecedingReportingPeriodStartDate>
<gsd:PredingReportingPeriodEndDate contextRef="ctx1">2022-06-30</gsd:PredingReportingPeriodEndDate>
<cmn:TypeOfAuditorAssistance contextRef="ctx1">Revisionspåtegning</cmn:TypeOfAuditorAssistance>
<arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements contextRef="ctx1">Grundlag for konklusion</arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements>
<arr:TypeOfModifiedOpinionOnAuditedFinancialStatements contextRef="ctx1">Konklusion</arr:TypeOfModifiedOpinionOnAuditedFinancialStatements>
<gsd:DateOfGeneralMeeting contextRef="ctx1">2023-12-12</gsd:DateOfGeneralMeeting>
<gsd:NameAndSurnameOfChairmanOfGeneralMeeting contextRef="ctx1" xml:lang="da">Chantal Pernille Patel Simonsen</gsd:NameAndSurnameOfChairmanOfGeneralMeeting>
<arr:SignatureOfAuditorsDate contextRef="ctx1">2023-12-06</arr:SignatureOfAuditorsDate>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx2" xml:lang="da">Mette Louise Kaagaard</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx2" xml:lang="da">CEO</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx3" xml:lang="da">Benjamin Orndorff</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx3" xml:lang="da">Director</cmn:TitleOfMemberOfExecutiveBoard>
<fsa:Revenue contextRef="ctx4" unitRef="vDKK" decimals="-3">8268603000</fsa:Revenue>
<fsa:GrossResult contextRef="ctx4" unitRef="vDKK" decimals="-3">442569000</fsa:GrossResult>
<fsa:ProfitLoss contextRef="ctx4" unitRef="vDKK" decimals="-3">342294000</fsa:ProfitLoss>
<fsa:InvestmentInPropertyPlantAndEquipment contextRef="ctx4" unitRef="vDKK" decimals="-3">4199000</fsa:InvestmentInPropertyPlantAndEquipment>
<mrv:OperatingMargin contextRef="ctx4" unitRef="pure" decimals="3">0.054</mrv:OperatingMargin>
<mrv:SolvencyRatio contextRef="ctx4" unitRef="pure" decimals="3">0.196</mrv:SolvencyRatio>
<mrv:ReturnOnEquity contextRef="ctx4" unitRef="pure" decimals="3">0.276</mrv:ReturnOnEquity>
<fsa:AverageNumberOfEmployees contextRef="ctx4" unitRef="pure" decimals="0">488</fsa:AverageNumberOfEmployees>
<fsa:CostOfSales contextRef="ctx4" unitRef="vDKK" decimals="-3">6938336000</fsa:CostOfSales>
<fsa:DistributionCosts contextRef="ctx4" unitRef="vDKK" decimals="-3">786921000</fsa:DistributionCosts>
<fsa:AdministrativeExpenses contextRef="ctx4" unitRef="vDKK" decimals="-3">100777000</fsa:AdministrativeExpenses>
<fsa:OtherOperatingIncome contextRef="ctx4" unitRef="vDKK" decimals="-3">235000</fsa:OtherOperatingIncome>
<fsa:OtherOperatingExpenses contextRef="ctx4" unitRef="vDKK" decimals="-3">0</fsa:OtherOperatingExpenses>
<fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx4" unitRef="vDKK" decimals="-3">442804000</fsa:ProfitLossFromOrdinaryOperatingActivities>
<fsa:OtherFinanceExpenses contextRef="ctx4" unitRef="vDKK" decimals="-3">2441000</fsa:OtherFinanceExpenses>
<fsa:ProfitLossFromOrdinaryActivitiesBeforeTax contextRef="ctx4" unitRef="vDKK" decimals="-3">440363000</fsa:ProfitLossFromOrdinaryActivitiesBeforeTax>
<fsa:TaxExpense contextRef="ctx4" unitRef="vDKK" decimals="-3">98069000</fsa:TaxExpense>
<fsa:WagesAndSalaries contextRef="ctx4" unitRef="vDKK" decimals="-3">641333000</fsa:WagesAndSalaries>
<fsa:PostemploymentBenefitExpense contextRef="ctx4" unitRef="vDKK" decimals="-3">51725000</fsa:PostemploymentBenefitExpense>
<fsa:SocialSecurityContributions contextRef="ctx4" unitRef="vDKK" decimals="-3">6483000</fsa:SocialSecurityContributions>
<fsa:EmployeeBenefitsExpense contextRef="ctx4" unitRef="vDKK" decimals="-3">699541000</fsa:EmployeeBenefitsExpense>
<fsa:InterestExpenseAssignedToGroupEnterprises contextRef="ctx4" unitRef="vDKK" decimals="-3">2086000</fsa:InterestExpenseAssignedToGroupEnterprises>
<fsa:OtherInterestExpenses contextRef="ctx4" unitRef="vDKK" decimals="-3">355000</fsa:OtherInterestExpenses>
<fsa:OtherInterestIncome contextRef="ctx4" unitRef="vDKK" decimals="-3">0</fsa:OtherInterestIncome>
<fsa:CurrentTaxExpense contextRef="ctx4" unitRef="vDKK" decimals="-3">-29428000</fsa:CurrentTaxExpense>
<fsa:AdjustmentsForDeferredTax contextRef="ctx4" unitRef="vDKK" decimals="-3">-68640000</fsa:AdjustmentsForDeferredTax>
<fsa:AdjustmentsForCurrentTaxOfPriorPeriod contextRef="ctx4" unitRef="vDKK" decimals="-3">-1000</fsa:AdjustmentsForCurrentTaxOfPriorPeriod>
<fsa:FeesForAuditorsPerformingStatutoryAudit contextRef="ctx4" unitRef="vDKK" decimals="-3">334000</fsa:FeesForAuditorsPerformingStatutoryAudit>
<fsa:AuditorsFees contextRef="ctx4" unitRef="vDKK" decimals="-3">334000</fsa:AuditorsFees>
<fsa:TransferredToFromRetainedEarnings contextRef="ctx4" unitRef="vDKK" decimals="-3">294000</fsa:TransferredToFromRetainedEarnings>
<fsa:Revenue contextRef="ctx5" unitRef="vDKK" decimals="-3">6185009000</fsa:Revenue>
<fsa:GrossResult contextRef="ctx5" unitRef="vDKK" decimals="-3">354988000</fsa:GrossResult>
<fsa:ProfitLoss contextRef="ctx5" unitRef="vDKK" decimals="-3">271482000</fsa:ProfitLoss>
<fsa:InvestmentInPropertyPlantAndEquipment contextRef="ctx5" unitRef="vDKK" decimals="-3">15874000</fsa:InvestmentInPropertyPlantAndEquipment>
<mrv:OperatingMargin contextRef="ctx5" unitRef="pure" decimals="3">0.057</mrv:OperatingMargin>
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<fsa:AverageNumberOfEmployees contextRef="ctx5" unitRef="pure" decimals="0">456</fsa:AverageNumberOfEmployees>
<fsa:Revenue contextRef="ctx6" unitRef="vDKK" decimals="-3">4358013000</fsa:Revenue>
<fsa:GrossResult contextRef="ctx6" unitRef="vDKK" decimals="-3">290561000</fsa:GrossResult>
<fsa:ProfitLoss contextRef="ctx6" unitRef="vDKK" decimals="-3">740789000</fsa:ProfitLoss>
<fsa:InvestmentInPropertyPlantAndEquipment contextRef="ctx6" unitRef="vDKK" decimals="-3">11008000</fsa:InvestmentInPropertyPlantAndEquipment>
<mrv:OperatingMargin contextRef="ctx6" unitRef="pure" decimals="3">0.067</mrv:OperatingMargin>
<mrv:SolvencyRatio contextRef="ctx6" unitRef="pure" decimals="3">0.254</mrv:SolvencyRatio>
<mrv:ReturnOnEquity contextRef="ctx6" unitRef="pure" decimals="2">0.78</mrv:ReturnOnEquity>
<fsa:AverageNumberOfEmployees contextRef="ctx6" unitRef="pure" decimals="0">438</fsa:AverageNumberOfEmployees>
<fsa:Revenue contextRef="ctx7" unitRef="vDKK" decimals="-3">2341336000</fsa:Revenue>
<fsa:GrossResult contextRef="ctx7" unitRef="vDKK" decimals="-3">244673000</fsa:GrossResult>
<fsa:ProfitLoss contextRef="ctx7" unitRef="vDKK" decimals="-3">189985000</fsa:ProfitLoss>
<fsa:InvestmentInPropertyPlantAndEquipment contextRef="ctx7" unitRef="vDKK" decimals="-3">10862000</fsa:InvestmentInPropertyPlantAndEquipment>
<mrv:OperatingMargin contextRef="ctx7" unitRef="pure" decimals="3">0.105</mrv:OperatingMargin>
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<fsa:AverageNumberOfEmployees contextRef="ctx7" unitRef="pure" decimals="0">416</fsa:AverageNumberOfEmployees>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx8" xml:lang="da">Net financial expense</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx8" unitRef="vDKK" decimals="-3">2807000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx9" xml:lang="da">Net financial expense</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx9" unitRef="vDKK" decimals="-3">-2441000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx10" xml:lang="da">Net financial expense</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx10" unitRef="vDKK" decimals="-3">-3810000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx11" xml:lang="da">Net financial expense</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx11" unitRef="vDKK" decimals="-3">-4121000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx12" xml:lang="da">Net financial expense</mrv:NameOfKeyFigureOrFinancialRatio>
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<fsa:Assets contextRef="ctx13" unitRef="vDKK" decimals="-3">6702755000</fsa:Assets>
<fsa:Equity contextRef="ctx13" unitRef="vDKK" decimals="-3">1342939000</fsa:Equity>
<fsa:FixturesFittingsToolsAndEquipment contextRef="ctx13" unitRef="vDKK" decimals="-3">8018000</fsa:FixturesFittingsToolsAndEquipment>
<fsa:PropertyPlantAndEquipmentInProgress contextRef="ctx13" unitRef="vDKK" decimals="-3">0</fsa:PropertyPlantAndEquipmentInProgress>
<fsa:LeaseholdImprovements contextRef="ctx13" unitRef="vDKK" decimals="-3">5991000</fsa:LeaseholdImprovements>
<fsa:PropertyPlantAndEquipment contextRef="ctx13" unitRef="vDKK" decimals="-3">14009000</fsa:PropertyPlantAndEquipment>
<fsa:OtherLongtermReceivables contextRef="ctx13" unitRef="vDKK" decimals="-3">160885000</fsa:OtherLongtermReceivables>
<fsa:NoncurrentDeferredTaxAssets contextRef="ctx13" unitRef="vDKK" decimals="-3">255391000</fsa:NoncurrentDeferredTaxAssets>
<fsa:LongtermInvestmentsAndReceivables contextRef="ctx13" unitRef="vDKK" decimals="-3">416276000</fsa:LongtermInvestmentsAndReceivables>
<fsa:NoncurrentAssets contextRef="ctx13" unitRef="vDKK" decimals="-3">430285000</fsa:NoncurrentAssets>
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<fsa:ShorttermTaxReceivables contextRef="ctx13" unitRef="vDKK" decimals="-3">10755000</fsa:ShorttermTaxReceivables>
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<fsa:OtherProvisionsLiabilitiesLongterm contextRef="ctx13" unitRef="vDKK" decimals="-3">4620000</fsa:OtherProvisionsLiabilitiesLongterm>
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<fsa:LiabilitiesAndEquity contextRef="ctx13" unitRef="vDKK" decimals="-3">6702755000</fsa:LiabilitiesAndEquity>
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<fsa:AdditionsToPropertyPlantAndEquipment contextRef="ctx31" unitRef="vDKK" decimals="-3">0</fsa:AdditionsToPropertyPlantAndEquipment>
<fsa:IncreaseDecreaseOfPropertyPlantAndEquipmentThroughTransfers contextRef="ctx31" unitRef="vDKK" decimals="-3">-26000</fsa:IncreaseDecreaseOfPropertyPlantAndEquipmentThroughTransfers>
<fsa:DisposalsOfPropertyPlantAndEquipment contextRef="ctx31" unitRef="vDKK" decimals="-3">0</fsa:DisposalsOfPropertyPlantAndEquipment>
<fsa:DepreciationOfPropertyPlantAndEquipment contextRef="ctx31" unitRef="vDKK" decimals="-3">0</fsa:DepreciationOfPropertyPlantAndEquipment>
<fsa:ReversalsOfImpairmentLossesAndDepreciationOfDisposedPropertyPlantAndEquipment contextRef="ctx31" unitRef="vDKK" decimals="-3">0</fsa:ReversalsOfImpairmentLossesAndDepreciationOfDisposedPropertyPlantAndEquipment>
<fsa:AdditionsToPropertyPlantAndEquipment contextRef="ctx32" unitRef="vDKK" decimals="-3">6370000</fsa:AdditionsToPropertyPlantAndEquipment>
<fsa:IncreaseDecreaseOfPropertyPlantAndEquipmentThroughTransfers contextRef="ctx32" unitRef="vDKK" decimals="-3">0</fsa:IncreaseDecreaseOfPropertyPlantAndEquipmentThroughTransfers>
<fsa:DisposalsOfPropertyPlantAndEquipment contextRef="ctx32" unitRef="vDKK" decimals="-3">506000</fsa:DisposalsOfPropertyPlantAndEquipment>
<fsa:DepreciationOfPropertyPlantAndEquipment contextRef="ctx32" unitRef="vDKK" decimals="-3">6252000</fsa:DepreciationOfPropertyPlantAndEquipment>
<fsa:ReversalsOfImpairmentLossesAndDepreciationOfDisposedPropertyPlantAndEquipment contextRef="ctx32" unitRef="vDKK" decimals="-3">506000</fsa:ReversalsOfImpairmentLossesAndDepreciationOfDisposedPropertyPlantAndEquipment>
<fsa:AdditionsToPropertyPlantAndEquipment contextRef="ctx33" unitRef="vDKK" decimals="-3">111000</fsa:AdditionsToPropertyPlantAndEquipment>
<fsa:IncreaseDecreaseOfPropertyPlantAndEquipmentThroughTransfers contextRef="ctx33" unitRef="vDKK" decimals="-3">26000</fsa:IncreaseDecreaseOfPropertyPlantAndEquipmentThroughTransfers>
<fsa:DisposalsOfPropertyPlantAndEquipment contextRef="ctx33" unitRef="vDKK" decimals="-3">0</fsa:DisposalsOfPropertyPlantAndEquipment>
<fsa:DepreciationOfPropertyPlantAndEquipment contextRef="ctx33" unitRef="vDKK" decimals="-3">2640000</fsa:DepreciationOfPropertyPlantAndEquipment>
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<fsa:PropertyPlantAndEquipmentGross contextRef="ctx34" unitRef="vDKK" decimals="-3">0</fsa:PropertyPlantAndEquipmentGross>
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<fsa:PropertyPlantAndEquipment contextRef="ctx34" unitRef="vDKK" decimals="-3">0</fsa:PropertyPlantAndEquipment>
<fsa:PropertyPlantAndEquipmentGross contextRef="ctx35" unitRef="vDKK" decimals="-3">44371000</fsa:PropertyPlantAndEquipmentGross>
<fsa:AccumulatedImpairmentLossesAndDepreciationOfPropertyPlantAndEquipment contextRef="ctx35" unitRef="vDKK" decimals="-3">36353000</fsa:AccumulatedImpairmentLossesAndDepreciationOfPropertyPlantAndEquipment>
<fsa:PropertyPlantAndEquipment contextRef="ctx35" unitRef="vDKK" decimals="-3">8018000</fsa:PropertyPlantAndEquipment>
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<fsa:PropertyPlantAndEquipment contextRef="ctx36" unitRef="vDKK" decimals="-3">5991000</fsa:PropertyPlantAndEquipment>
<cmn:NameOfAuditFirm contextRef="ctx37" xml:lang="da">Deloitte Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx37">33963556</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameAndSurnameOfAuditor contextRef="ctx37" xml:lang="da">Kim Gerner Jacobsen</cmn:NameAndSurnameOfAuditor>
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<cmn:NameAndSurnameOfAuditor contextRef="ctx38" xml:lang="da">Christoffer Anholm Salmon</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx38" xml:lang="da">State-Authorised Public Accountant</cmn:DescriptionOfAuditor>
<cmn:IdentificationNumberOfAuditor contextRef="ctx38">mne47918</cmn:IdentificationNumberOfAuditor>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx38">33963556</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameOfAuditFirm contextRef="ctx38" xml:lang="da">Deloitte Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
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