Assets
| Type | Time | Amount | Unit |
|---|---|---|---|
| ifrs-full:Assets | 2023-12-31 | 102121000 | eur |
| ifrs-full:Assets | 2022-12-31 | 106955000 | eur |
Revenue
| Type | Start date | End date | Amount | Unit |
|---|---|---|---|---|
| ifrs-full:Revenue | 2023-01-01 | 2023-12-31 | 4535000 | eur |
| ifrs-full:Revenue | 2022-01-01 | 2022-12-31 | 4662000 | eur |
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<mrv:StatementOfCorporateSocialResponsibility contextRef="ctx-1" id="s10_notesesefdkgaap__7__25" xml:lang="en">Statement on Environmental and Climate Conditions Environmental and Climate Impact in Accordance with the Annual Accounts Act § 99a In connection with property renovations, German High Street Properties A/S has established an environmen-tal and climate policy to comply with all applicable building regulations and reduce energy and resource con-sumption where it is economically advantageous. We assess that our property portfolio, which consists of retail, residential, and office properties, does not pose specific climate and environmental risks. The properties are not located in coastal areas or near rivers and are not leased for purposes considered environmentally harmful or hazardous. They are mainly located in urban areas and have constructions that are not considered sensitive to climate change in the medium term. When major repairs or improvements are made to the properties, more climate-friendly and contemporary materials are generally used, including windows with energy glass, better-insulated roofs, LED lighting, and more efficient heating systems (typically district heating). Extra insulation is typically added when roofs are replaced, and when heating sources are replaced, there is usually a switch to district heating and the integration of new energy-efficient pumps and valves. The prop-erty managers and caretakers will be instructed to focus on continuously saving energy and optimizing en-ergy use. The company tries to limit its travel activity where possible. In the daily operation and use of buildings, CO2 is emitted. The properties of German High Street Properties A/S are no exception, and this emission and the consequences of ongoing renovation and maintenance of the properties are among the most significant environmental risks. There is also a risk that waste from demoli-tions may contain hazardous substances. In some of the construction processes of German High Street Prop-erties A/S, there may be environmentally harmful impacts from machinery and/or materials. German High Street Properties A/S expects that recycling and new technologies will support the opportunity to reduce CO2 emissions. To measure results as a consequence of the company's work with the Environment and Climate, projects have been initiated in 2023 that enable the effect on the environment and climate to be measured in 2024. Examples include monitoring electricity consumption, water usage, and waste sorting. Description of the Business Model: Core Activities: German High Street Properties A/S aims to invest in well-located properties in cities with economic and de-mographic growth in Scandinavia, Germany, Switzerland, and England. The properties, primarily with shops on the ground floor and offices or residential units on the other floors, were acquired in 2007-2008. Value Proposition: The value proposition of German High Street Properties A/S is to offer shareholders a long-term investment opportunity in attractively located rental properties. Customers: Our primary customer segments include both small stock investors and institutional stock investors. Our sec-ondary customer segments include retail chains that are tenants in our properties and ordinary renters. We work closely with our customers to understand their unique needs and tailor our products and services to meet those needs. Revenue Streams: Our revenue streams are generated through rental income from retail chains that are tenants in our properties and from ordinary renters. Key Partners: Through our German property management company and German real estate agents, we collaborate to ex-pand our reach and enhance our offerings. These partnerships are crucial for driving innovation and provid-ing better offers to our customers. Cost Structure: Our primary costs are related to the operation, maintenance, and improvements of our properties. We focus on cost efficiency and scalability to ensure a sustainable business model. Human Rights German High Street Properties A/S operates solely in Denmark and Germany, both of which have ratified the UN's human rights convention. The company respects each individual and does not accept that employees, tenants, or other external parties are subjected to discrimination. The company views diversity as a strength that creates a positive workplace. The diversity here refers to variety in terms of gender, age, religion, ethnic origin, sexuality, education, professional experience, opinions, interests, and much more. The company oper-ates only in economically and politically stable countries and complies with all applicable regulations, in-cluding labor rights, agreements, etc. The company does not enter into agreements with companies or indi-viduals who do not respect human rights. The company's most significant risks concerning respect for human rights are related to discrimination and lack of diversity. The goal is to prevent any form of human rights violations. There were no cases of human rights violations from January 1 to December 31, 2023. During staff replacements, all qualified individuals are encouraged to apply for the positions regardless of gender, age, religion, etc. Management continuously ensures that the policy guidelines are followed. The company will continue its anti-discrimination efforts in 2024. Social Conditions and Employee Relations German High Street Properties A/S employs only a few staff, as almost all tasks are outsourced to subcon-tractors and partners. Therefore, German High Street Properties A/S has not developed an actual policy for the area. Likewise, no special risks were assessed. Anti-Corruption German High Street Properties A/S has a policy against corruption. The property and company administra-tors or their partners may not receive unusual gifts from suppliers or give gifts beyond minor occasional gifts. There is a risk that subcontractors could engage in corruption/bribery of, for example, authorities by paying them âout of their own pocket.â Additionally, there is a risk that local property administrators in Germany could receive money from subcontractors in the form of kickbacks. In tenders, there is also a risk of cartel formation. In the ongoing controlling of local property administrators in Germany by the manager, there is a focus on ensuring that German High Street Properties A/S only pays bills after normal vouchers with docu-mented expenses and that prices are benchmarked against usual costs. No corruption was detected from Jan-uary 1 to December 31, 2023, during the control and review of contracts. German High Street Properties A/S will focus on ensuring that all suppliers and employees contribute to anti-corruption in the coming years.</mrv:StatementOfCorporateSocialResponsibility>
<mrv:LinkToCorporateGovernanceReport contextRef="ctx-1" id="s10_notesesefdkgaap__7__26">https://www.germanhighstreet.com/corporate-governance</mrv:LinkToCorporateGovernanceReport>
<mrv:StatementOfTheDiversityPolicies contextRef="ctx-1" id="s10_notesesefdkgaap__7__27" xml:lang="en">Diversity Policy The company's board is compensated with a fixed honorarium and does not receive incentive-based remuner-ation. Purpose This diversity policy aims to outline the framework and principles for the group's view on and inclusion of diversity in the group's business operations and management. Policy The group considers diversity an essential factor and opportunity that can improve the group's competitive-ness in both the short and long term. The group is against any form of discrimination and aims to treat appli-cants and employees equally, regardless of differences in, among others: Gender, age, sexuality, ethnic origin, disability, and life situation Attitudes and opinions, religion, interests, ambitions, life philosophy, personal causes The group expects that respect for these differences will also apply to employee relations. Efforts and Results The group informs all new employees about the company's policy and ensures that no discrimination has taken place in the appointment of positions in daily management. In 2023, the group's management was not aware of or informed about any cases of discrimination, either in the appointment of management positions or generally in connection with the company's activities.</mrv:StatementOfTheDiversityPolicies>
<mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender contextRef="ctx-2" id="s10_notesesefdkgaap__9__28" xml:lang="en">Statement on Social Conditions Objectives and Policies for the Underrepresented Gender in Accordance with the Annual Accounts Act § 99b In the parent company, the board has set a goal to have at least 25% female members in 2023. December 31, 2023, the board comprised 25% female members. The board's objective is to ensure a diverse management composition and equal opportunities for both genders. The target for the proportion of female board members was set at 25% in 2017, and by the end of 2023, the company met this target. The board's composition is car-ried out so the company can develop steadily and satisfactorily, considering general and specific legal re-quirements and recommendations for good corporate governance. Furthermore, as board members are re-placed, the board will work towards rejuvenating the ages of board members. The board will assess the status of meeting the objectives at least once a year and, as far as possible, nomi-nate suitable female candidates for the board at upcoming general meetings to maintain the goal. Gender diversity: Target 2023 2022 2024 Board of Directors: Total number: 4.0 4.0 4.0 Underrepresented gender (in %) 25.0 25.0 25.0 Target (in %) 25.0 25.0 25.0 Target 2023 2022 2024 Exective management: Total number: 1.0 1.0 1.0 Underrepresented gender (in %) 0.0 0.0 0.0 Target (in %) 0.0 0.0 0.0 German High Street Properties A/S had fewer than 50 employees from January 1 to December 31, 2023, and is not obligated to establish and report on a policy for increasing the underrepresented gender in other man-agement layers. The company's Board of Directors currently consists of 4 members and the companyâs Exec-utive Management consists of 1 member.</mrv:StatementOfTargetFiguresAndPoliciesForTheUnderrepresentedGender>
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<mrv:StatusOfAchievementOfTargetFigureOfUnderrepresentedGenderBoardOfDirectors contextRef="ctx-2" id="s10_notesesefdkgaap__9__30" xml:lang="en">and by the end of 2023, the company met this target.</mrv:StatusOfAchievementOfTargetFigureOfUnderrepresentedGenderBoardOfDirectors>
<mrv:YearOfFulfillmentOfTargetFigureOfUnderrepresentedGenderBoardOfDirectors contextRef="ctx-6" id="s10_notesesefdkgaap__9__31">2023</mrv:YearOfFulfillmentOfTargetFigureOfUnderrepresentedGenderBoardOfDirectors>
<mrv:PrimaryActionsForFulfillmentOfTargetFigureOfUnderrepresentedGenderBoardOfDirectors contextRef="ctx-2" id="s10_notesesefdkgaap__9__32" xml:lang="en">The board will assess the status of meeting the objectives at least once a year and, as far as possible, nomi-nate suitable female candidates for the board at upcoming general meetings to maintain the goal.</mrv:PrimaryActionsForFulfillmentOfTargetFigureOfUnderrepresentedGenderBoardOfDirectors>
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<mrv:InformationOnExemptFromProvidingInformationOnTargetFiguresOfUnderrepresentedGenderForOtherManagementLevelsDueToTheNumberOfEmployees contextRef="ctx-2" id="s10_notesesefdkgaap__9__38" xml:lang="en">German High Street Properties A/S had fewer than 50 employees from January 1 to December 31, 2023, and is not obligated to establish and report on a policy for increasing the underrepresented gender in other man-agement layers. The company's Board of Directors currently consists of 4 members and the companyâs Exec-utive Management consists of 1 member.</mrv:InformationOnExemptFromProvidingInformationOnTargetFiguresOfUnderrepresentedGenderForOtherManagementLevelsDueToTheNumberOfEmployees>
<mrv:StatementOfPolicyForDataEthics contextRef="ctx-1" id="s10_notesesefdkgaap__7__39" xml:lang="en">Data Ethics German High Street Properties A/S group does not have a formalized policy for data ethics. The group only processes data for business purposes. German High Street Properties A/S group does not use new technolo-gies such as artificial intelligence, advanced algorithms, surveillance, etc. Data processed in the German High Street Properties A/S group is not available to third parties. If there were to be a desire to make data available to third parties, it would have to be approved by the company's top management. German High Street Properties A/S group complies with applicable legislation regarding the processing of personal data. The group generally does not process sensitive personal data, except for employee data.</mrv:StatementOfPolicyForDataEthics>
<sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx-1" id="s10_notesesefdkgaap__7__45" xml:lang="en">Management's Statement The Board of Directors and management have today considered and adopted the annual report for the finan-cial year January 1 - December 31, 2023 for German High Street Properties A/S The annual report is prepared in accordance with IFRS accounting Standards as adopted by the EU, and fur-ther requirements in the Danish Financial Statement Act and rules for listed companies. In our opinion, the consolidated financial statements and the parent company financial statements give a true and fair view of the Group and the Parent's financial position as of December 31, 2023and of the results of the Group's and the Parent Companyâs operations and cash flows for 2023. It is also our opinion that the directors' report contains a true and fair account of the development of the Group's and the parent companyâs activities and financial conditions, the profit for the period and the Group's and the Parent Companyâs financial position as a whole, and a description of the significant risks and uncer-tainty factors that the Group and the Parent Company faces. In our opinion, the annual report of German High Street Properties A/S for the financial year January 1 - De-cember 31, 2023 with the file name 529900BT3M81VV58P678-2023-12-31-en.zip is prepared, in all mate-rial respects, in compliance with the ESEF Regulation. We recommend that the Annual Report be adopted at the Annual General Meeting. </sob:StatementByExecutiveAndSupervisoryBoards>
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<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx-43" id="s10_notesesefdkgaap__7__54" xml:lang="en">Claude Olof Nikolaj Zethraeus</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx-1" id="s10_notesesefdkgaap__7__56" xml:lang="en">To the shareholders of German High Street Properties A/S</arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
<arr:OpinionOnAuditedFinancialStatements contextRef="ctx-1" id="s10_notesesefdkgaap__7__57" xml:lang="en">Our opinion In our opinion, the Consolidated Financial Statements and the Parent Company Financial Statements give a true and fair view of the Groupâs and the Parent Companyâs financial position at 31 December 2023 and of the results of the Groupâs and the Parent Companyâs operations and cash flows for the financial year January 1 to December 31, 2023 in accordance with IFRS Accounting Standards as adopted by the EU and further requirements in the Danish Financial Statements Act. Our opinion is consistent with our Auditorâs Long-form Report to the Audit Committee and the Board of Di-rectors. What we have audited The Consolidated Financial Statements and Parent Company Financial Statements of German High Street A/S for the financial year January 1 to December 31, 2023 comprise income statement and other comprehen-sive income, balance sheet, statement of equity, statement of cash flow and notes, including material ac-counting policy information for the Group as well as for the Parent Company. Collectively referred to as the âFinancial Statementsâ.</arr:OpinionOnAuditedFinancialStatements>
<arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx-1" id="s10_notesesefdkgaap__7__58" xml:lang="en">Basis for opinion We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the Auditorâs responsibilities for the audit of the Financial Statements section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Independence We are independent of the Group in accordance with the International Ethics Standards Board for Account-antsâ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical re-quirements applicable in Denmark. We have also fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. To the best of our knowledge and belief, prohibited non-audit services referred to in Article 5(1) of Regula-tion (EU) No 537/2014 were not provided. Appointment We were first appointed auditors of German High Street A/S on 25 June 2007 for the financial year 2007. We have been reappointed annually by shareholder resolution for a total period of uninterrupted engagement of of 17 years including the financial year 2023. We were reappointed following a tendering procedure at the General Meeting on April 28, 2017.</arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
<arr:KeyAuditMattersAudit contextRef="ctx-1" id="s10_notesesefdkgaap__7__59" xml:lang="en">Key audit matters Key audit matters are those matters that, in our professional judgement, were of most significance in our au-dit of the Financial Statements for 2023. These matters were addressed in the context of our audit of the Fi-nancial Statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. Key audit matter Valuation of Investment Properties The Group owns a portfolio of investment properties that are valued at fair value at De-cember 31, 2023. Valuation of investment properties at fair value contains significant estimates based on significant assumptions, where even minor changes in the assumptions can have a sig-nificant effect on the fair value of the proper-ties. Management has used the capitalisation method to determine the fair value. The model is described in note 2 and 12, with market rent and yield being the significant assumptions. Management has obtained valuations from an external valuer to support the fair value determined by Management; including the assumptions used, with market rent and yield being the significant assumptions. We focused on this area as valuation of in-vestment properties at fair value is based on significant estimates which are subjective and a high degree of estimation uncertainty. Refer to note 2 and 12 How our audit addressed the key audit mat-ter We performed risk assessment procedures with the purpose of achieving an understanding of procedures and relevant controls relating to valuation of investment properties. In respect of controls, we assessed whether these were designed and implemented effectively to ad-dress the risk of material misstatement. We assessed the method used by management to measure the fair value of investment proper-ties. We verified on a sample basis the accu-racy of data used. We assessed and challenged the assumptions applied, using our knowledge of the real estate market and professional scepticism. We assessed the competencies and independ-ence of external valuer used by Management. We compared the fair values determined by the management with the external valuerâs assess-ments. Furthermore, we assessed the appropriateness of disclosures.</arr:KeyAuditMattersAudit>
<arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx-1" id="s10_notesesefdkgaap__7__60" xml:lang="en">Statement on Managementâs Review Management is responsible for Managementâs Review. Our opinion on the Financial Statements does not cover Managementâs Review, and we do not express any form of assurance conclusion thereon. In connection with our audit of the Financial Statements, our responsibility is to read Managementâs Review and, in doing so, consider whether Managementâs Review is materially inconsistent with the Financial State-ments or our knowledge obtained in the audit, or otherwise appears to be materially misstated. Moreover, we considered whether Managementâs Review includes the disclosures required by the Danish Financial Statements Act. Based on the work we have performed, in our view, Managementâs Review is in accordance with the Consol-idated Financial Statements and the Parent Company Financial Statements and has been prepared in accord-ance with the requirements of the Danish Financial Statements Act. We did not identify any material mis-statement in Managementâs Review.</arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx-1" id="s10_notesesefdkgaap__7__61" xml:lang="en">Managementâs responsibilities for the Financial Statements Management is responsible for the preparation of consolidated financial statements and parent company fi-nancial statements that give a true and fair view in accordance with IFRS Accounting Standards as adopted by the EU and further requirements in the Danish Financial Statements Act, and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from ma-terial misstatement, whether due to fraud or error. In preparing the Financial Statements, Management is responsible for assessing the Groupâs and the Parent Companyâs ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless Management either intends to liquidate the Group or the Parent Company or to cease operations, or has no realistic alternative but to do so.</arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
<arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx-1" id="s10_notesesefdkgaap__7__62" xml:lang="en">Auditorâs responsibilities for the audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the Financial Statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorâs report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, indi-vidually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Financial Statements. As part of an audit in accordance with ISAs and the additional requirements applicable in Denmark, we exer-cise professional judgement and maintain professional scepticism throughout the audit. We also: ⢠Identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collu-sion, forgery, intentional omissions, misrepresentations, or the override of internal control. ⢠Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effective-ness of the Groupâs and the Parent Companyâs internal control. ⢠Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management. ⢠Conclude on the appropriateness of Managementâs use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or condi-tions that may cast significant doubt on the Groupâs and the Parent Companyâs ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditorâs report to the related disclosures in the Financial Statements or, if such disclosures are inade-quate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorâs report. However, future events or conditions may cause the Group or the Parent Company to cease to continue as a going concern. ⢠Evaluate the overall presentation, structure and content of the Financial Statements, including the disclo-sures, and whether the Financial Statements represent the underlying transactions and events in a manner that gives a true and fair view. ⢠Obtain sufficient appropriate audit evidence regarding the financial information of the entities or busi-ness activities within the Group to express an opinion on the Consolidated Financial Statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsi-ble for our audit opinion. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence and, where applicable, actions taken to eliminate threats or safeguards applied. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the Financial Statements of the current period and are therefore the key audit matters. We describe these matters in our auditorâs report unless law or regulation precludes public dis-closure about the matter.</arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
<arr:AuditorsReportOnXbrlTagging contextRef="ctx-1" id="s10_notesesefdkgaap__7__63" xml:lang="en">Report on compliance with the ESEF Regulation As part of our audit of the Financial Statements we performed procedures to express an opinion on whether the annual report of German High Street A/S for the financial year January 1 to December 31, 2023 with the filename 529900BT3M81VV58P678-2023-12-31-en.zip is prepared, in all material respects, in compliance with the Commission Delegated Regulation (EU) 2019/815 on the European Single Electronic Format (ESEF Regulation) which includes requirements related to the preparation of the annual report in XHTML format and iXBRL tagging of the Consolidated Financial Statements including notes Management is responsible for preparing an annual report that complies with the ESEF Regulation. This re-sponsibility includes: ⢠The preparing of the annual report in XHTML format; ⢠The selection and application of appropriate iXBRL tags, including extensions to the ESEF taxonomy and the anchoring thereof to elements in the taxonomy, for all financial information required to be tagged using judgement where necessary; ⢠Ensuring consistency between iXBRL tagged data and the Consolidated Financial Statements presented in human-readable format; and ⢠For such internal control as Management determines necessary to enable the preparation of an annual report that is compliant with the ESEF Regulation. Our responsibility is to obtain reasonable assurance on whether the annual report is prepared, in all material respects, in compliance with the ESEF Regulation based on the evidence we have obtained, and to issue a report that includes our opinion. The nature, timing and extent of procedures selected depend on the auditorâs judgement, including the assessment of the risks of material departures from the requirements set out in the ESEF Regulation, whether due to fraud or error. The procedures include: ⢠Testing whether the annual report is prepared in XHTML format; ⢠Obtaining an understanding of the companyâs iXBRL tagging process and of internal control over the tagging process; ⢠Evaluating the completeness of the iXBRL tagging of the Consolidated Financial Statements including notes; ⢠Evaluating the appropriateness of the companyâs use of iXBRL elements selected from the ESEF taxon-omy and the creation of extension elements where no suitable element in the ESEF taxonomy has been identified; ⢠Evaluating the use of anchoring of extension elements to elements in the ESEF taxonomy; and ⢠Reconciling the iXBRL tagged data with the audited Consolidated Financial Statements. In our opinion, the annual report of German High Street Properties A/S for the financial year January 1 to December 31, 2023 with the file name 529900BT3M81VV58P678-2023-12-31-en.zip is prepared, in all ma-terial respects, in compliance with the ESEF Regulation.</arr:AuditorsReportOnXbrlTagging>
<arr:SignatureOfAuditorsPlace contextRef="ctx-1" id="s10_notesesefdkgaap__7__64" xml:lang="en">Hellerup</arr:SignatureOfAuditorsPlace>
<cmn:NameOfAuditFirm contextRef="ctx-45" id="s10_notesesefdkgaap__7__67" xml:lang="en">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
<cmn:NameOfAuditFirm contextRef="ctx-44" id="s10_notesesefdkgaap__7__66" xml:lang="en">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx-44" id="s10_notesesefdkgaap__7__68">33771231</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx-45" id="s10_notesesefdkgaap__7__69">33771231</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameAndSurnameOfAuditor contextRef="ctx-44" id="s10_notesesefdkgaap__7__70" xml:lang="en">Torben Jensen</cmn:NameAndSurnameOfAuditor>
<cmn:NameAndSurnameOfAuditor contextRef="ctx-45" id="s10_notesesefdkgaap__7__73" xml:lang="en">Jacob Dannefer</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx-44" id="s10_notesesefdkgaap__7__71" xml:lang="en">State Authorised Public Accountant</cmn:DescriptionOfAuditor>
<cmn:IdentificationNumberOfAuditor contextRef="ctx-44" id="s10_notesesefdkgaap__7__72">mne18651</cmn:IdentificationNumberOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx-45" id="s10_notesesefdkgaap__7__74" xml:lang="en">State Authorised Public Accountant</cmn:DescriptionOfAuditor>
<cmn:IdentificationNumberOfAuditor contextRef="ctx-45" id="s10_notesesefdkgaap__7__75">mne47886</cmn:IdentificationNumberOfAuditor>
<gsd:InformationOnTypeOfSubmittedReport contextRef="ctx-1">Annual report</gsd:InformationOnTypeOfSubmittedReport>
<cmn:TypeOfAuditorAssistance contextRef="ctx-1">Auditor's report on audited financial statements</cmn:TypeOfAuditorAssistance>
<gsd:ToolForPreparingTheXBRLInstanceDocument contextRef="ctx-1" xml:lang="en">ParsePort XBRL Converter</gsd:ToolForPreparingTheXBRLInstanceDocument>
<gsd:ReportingPeriodStartDate contextRef="ctx-1">2023-01-01</gsd:ReportingPeriodStartDate>
<gsd:ReportingPeriodEndDate contextRef="ctx-1">2023-12-31</gsd:ReportingPeriodEndDate>
<gsd:PrecedingReportingPeriodStartDate contextRef="ctx-1">2022-01-01</gsd:PrecedingReportingPeriodStartDate>
<gsd:PredingReportingPeriodEndDate contextRef="ctx-1">2022-12-31</gsd:PredingReportingPeriodEndDate>
<gsd:LegalEntityIdentifierOfReportingEntity contextRef="ctx-1">529900BT3M81VV58P678</gsd:LegalEntityIdentifierOfReportingEntity>
<fsa:ClassOfReportingEntity contextRef="ctx-1">Reporting class D</fsa:ClassOfReportingEntity>
<arr:TypeOfModifiedOpinionOnAuditedFinancialStatements contextRef="ctx-1">Opinion</arr:TypeOfModifiedOpinionOnAuditedFinancialStatements>
<arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements contextRef="ctx-1">Basis for Opinion</arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements>
<sob:DateOfApprovalOfAnnualReport contextRef="ctx-1">2024-04-08</sob:DateOfApprovalOfAnnualReport>
<arr:SignatureOfAuditorsDate contextRef="ctx-1">2024-04-08</arr:SignatureOfAuditorsDate>
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