Assets
| Type | Time | Amount | Unit |
|---|---|---|---|
| ifrs-full:Assets | 2024-12-31 | 52565000 | vDKK |
| ifrs-full:Assets | 2023-12-31 | 73190000 | vDKK |
Revenue
| Type | Start date | End date | Amount | Unit |
|---|---|---|---|---|
| ifrs-full:Revenue | 2023-01-01 | 2023-12-31 | 98775000 | vDKK |
| ifrs-full:Revenue | 2024-01-01 | 2024-12-31 | 46182000 | vDKK |
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<mrv:StatementOfCorporateSocialResponsibility contextRef="ctx1" id="fact1317" xml:lang="en">Corporate Social Responsibility (CSR)  This section constitutes the group's reporting on corporate social responsibility in accordance with the Danish Financial Statements  Act section 99a.  Business model  Ennogie's business model is based on making it economically and aesthetically attractive for building owners to invest in Ennogie's  integrated solar roof solutions. By generating energy from the sun, the solutions aim to over time repay the initial investment  through reduced costs for energy supply from the grid and sale of surplus electricity back to the grid.  Ennogie's mission is to make green and clean energy from the sun accessible to more and sustainable for all. Ennogie develops and  delivers aesthetic and smart solar energy solutions for the built environment, aiming to transform buildings into sustainable  producers of solar energy. Ennogie's solutions provide sustainable comfort for people and enable future generations to meet their  energy needs sustainably and through self-sufficiency.  Ennogie has initiated a process to mature the company's sustainability initiatives and reporting towards the release of the 2025  annual report in 2026, where the group shall follow new reporting requirements in this area. The sustainability agenda is crucial for  the group.  Climate and environment  Policy:  The green and sustainable agenda is the central focus of the companyâs strategy and business model. By enabling the  transformation of passive roof surfaces into small, decentralized power plants that generate sustainable and emission-free  electricity for self-sufficiency and further distribution, Ennogie and its roof solutions contribute positively to reducing global CO2  emissions.  Ennogie's largest climate and environmental impact comes from the production of components purchased and used in the  manufacturing of solar modules. The primary impact arises from the production of solar panels, which involve resource- and  energy-intensive processes, including the use of crystalline silicon and glass.  In 2023 Ennogie obtained an Environmental Product Declaration (EPD). The life cycle assessment quantifies the environmental  impact of solar modules and serves as a basis for the company's ongoing efforts to reduce the climate and environmental impact of  production, use, and recycling/disposal of solar modules.  In 2024 Ennogie changed the design of its solar panels from using 3.2mm glass on both sides to using 3.2 mm on one side and 2.0  mm on the other side.This minimizes resource material consumption for a solar panel and saves weight. This reduces the CO2  footprint during transport as there can be 13% more solar panels in a container when solar panels are shipped from China to  Denmark.  Furthermore, in 2024 Ennogie started the development of a new roof mounting system that will reduce the materiel usage and,  hence, reduce the environmental footprint. In addition, Ennogie started investigated the possibilities of procuring solar panels with  higher output, and, thereby, increase the energy produced per square meter Ennogie roof.  Social and personnel matters  Policy:  Ennogie considers its employees as one of the its greatest assets and places great emphasis on ensuring a safe and healthy working  environment. Ennogie is a modern company that views employees as whole individuals with different backgrounds, needs, and  desires in their professional lives. The company identifies the risk of workplace accidents, workplace dissatisfaction, and direct or  indirect discrimination as the most significant risks related to social and personnel matters.  All main areas have been summarized in our internal Ennogie Employee handbook.  There was no HSE related incidents in 2024.  Ennogie embraces diversity among its employees and nine nationalities have been represented in its workforce during 2024.  Ennogie will continue to focus on equality and diversity in hiring situations and assess the need for measures to address the risk of  workplace accidents.  Human rights  Policy:  Ennogie supports the protection of human rights. Due to the current size of the company, there are limited written policies for  human rights, but it is a matter taken seriously in the dialogue with suppliers and partners and will be incorporated into the  upcoming ESG strategy.  Ennogie assesses that the greatest risk of human rights violations may occur through the use of suppliers, especially outside the EU,  who do not respect individual rights in relation to their employees. Ennogie is not aware of any of its suppliers acting in violation of  human rights and works to improve transparency in this area.  As part of supplier assessments Ennogie performs a screening of the suppliers for their handling of human rights, child labor and  freedom organization. The screening is used on both direct suppliers and suppliersâ supplier.  Management did not identify any violations of human rights in 2024.  Anti-corruption and bribery  Policy:  Ennogie does not tolerate corruption and money laundering. Ennogie assesses that the risk of breaches is highest for suppliers  situated outside Northern Europe. When selecting new suppliers or partners, Ennogie performs a thorough due diligence to ensure  they adhere to high standards of ethics and compliance. It is fixed part of meeting agendas to communicate the policy in our  company introduction when meeting with suppliers and partners  Management did not identify any violations in 2024.  </mrv:StatementOfCorporateSocialResponsibility>
<mrv:StatementOfPolicyForDataEthics contextRef="ctx1" id="fact1380" xml:lang="en">Data Ethics  The board has assessed that the group's handling of sensitive data has not reached a level that makes it relevant for the group to  formulate specific policies in this area. The board continuously monitors developments and assesses the need on an ongoing basis.  </mrv:StatementOfPolicyForDataEthics>
<sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx31" id="fact1000" xml:lang="en">Managementâs Statement  Today, the Board of Directors and Executive Management have reviewed and approved the annual report for Ennogie Solar  Group A/S for the financial year 1 January â 31 December 2024.  The annual report is prepared in accordance with International Financial Reporting Standards as adopted by the EU and  additional requirements of the Danish Financial Statements Act.  In our opinion, the consolidated financial statements and the parent company financial statements give a true and fair view of  the Group's and the Parent Company's assets, liabilities and financial position at 31 December 2024 and of the results of the  Group's and the Parent Company's operations and consolidated cash flows for the financial year 1 January â 31 December  2024.  Further, in our opinion, the Management's review gives a fair review of the development in the Group's and the Parent  Company's activities and financial matters, of the results for the year and of the Group's and the Parent Company's financial  position.  We believe that the annual report for Ennogie Solar Group A/S for the financial year January 1 - December 31, 2024, with the  filename "EnnogieSolarGroup-2024-12-31-en.zipâ, has been prepared in all material respects in accordance with the ESEF  Regulation.  We recommend that the annual report be approved at the annual general meeting.  </sob:StatementByExecutiveAndSupervisoryBoards>
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<arr:OpinionOnAuditedFinancialStatements contextRef="ctx31" id="fact1022" xml:lang="en">Opinion  In our opinion, the consolidated financial statements and the parent company financial statements give a true and fair view of the  Group's and the Parent Company's assets, liabilities and financial position at 31 December 2024 and of the results of the Group's  and Parent Company's operations and cash flows for the financial year 1 January â 31 December 2024 in accordance with the IFRS  Accounting Standards as adopted by the EU and additional requirements in the Danish Financial Statements Act.  Our opinion is consistent with our year-end report to the Board or Directors and the Audit Committee.  Audited financial statements  Ennogie Solar Group A/S' consolidated financial statements and parent company financial statements for the financial year 1  January â 31 December 2024 comprise the income statement, statement of comprehensive income, balance sheet, statement of  changes in equity, statement of cash flows and notes, including summary of material accounting policy information, for the Group  as well as for the Parent Company (the financial statements). The financial statements are prepared in accordance with the IFRS  Accounting Standards as adopted by the EU and additional requirements in the Danish Financial Statements Act.  </arr:OpinionOnAuditedFinancialStatements>
<arr:KeyAuditMattersAudit contextRef="ctx31" id="fact1055" xml:lang="en">Key audit matters  Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the financial  statements for the 2024 financial year. These matters were addressed in the context of our audit of the financial statements as a  whole, and in the forming of our opinion thereon. We do not provide a separate opinion on these matters. In addition to the matter  described in the âMaterial uncertainty related to going concernâ section, we have determined the matters described below to be  key audit matters to be communicated in our report.  </arr:KeyAuditMattersAudit>
<arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx31" id="fact1034" 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 "Auditor's 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 Accountants' International Code  of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have  fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code.  We declare, to the best of our knowledge and belief, that we have not provided any prohibited non-audit services, as referred to in  Article 5(1) of the Regulation (EU) 537/2014 and that we remained independent in conducting the audit.  We were appointed auditors of Ennogie Solar Group A/S for the first time on 24 April 2017 for the financial year 2017. We have  been re-appointed by resolutions passed by the annual general meeting for a total uninterrupted engagement period of 8 years up  to and including the financial year ending 31 December 2024.  Material uncertainty related to going concern  We draw attention to notes 1, 21, 26 and 31 to the consolidated financial statements in which Management has described  significant budget assumptions for 2025, warranty provisions, financial position, liquidity risk, financing arrangements agreed with  the lenders and subsequent events which indicate that material uncertainty exists that may cast significant doubt on the Groupâs  and the Parent Companyâs ability to continue as a going concern.  Our opinion is not modified in respect of this matter.  </arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
<arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" id="fact1729" xml:lang="en">Statement on the Management's review  Management is responsible for the Management's review.  Our opinion on the financial statements does not cover the Management's 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 the Management's review and, in doing so,  consider whether the Management's review is materially inconsistent with the financial statements or our knowledge obtained  during the audit, or otherwise appears to be materially misstated.  Moreover, it is our responsibility to consider whether the Management's review provides the information required by relevant law  and regulations.  Based on the work we have performed, we conclude that the Management's review is in accordance with the financial statements  and has been prepared in accordance with relevant law and regulations. We did not identify any material misstatement of the  Management's review.  </arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:KeyAuditMattersAudit contextRef="ctx1" id="fact1676" xml:lang="en">Key audit matters  Warranty provisions  The Groupâs products are sold with a 10-year product warranty.  At the same time, the Group received a warranty from the  vendor of the solar panels.  Warranty provisions of DKK 3.8 million have been recognised to  cover reported and expected future warranty claims for sold  products. The determination of the balance of the warranty  provisions is based on assumptions derived from actual claims  case data, historical experience and studies regarding the  performance of solar cells over time. In the warranty provision,  it is assumed that the third-party supplier of the panels will fulfil  its obligations to replace defective panels, defective modules  replaced can be used an passive modules in future installations,  and any installation costs will be covered by the Groupâs  insurance companies.  These assumptions are subject to high levels of uncertainty and  complexity.  We refer to note 21 to the consolidated financial statements  regarding the disclosures related to warranty provision and note  32 to the consolidated financial statements for the Groupâs  accounting policy.  For the purpose of our audit, the procedures we carried out  included the following:  â¢We have obtained an understanding of the warranty  provision estimate and its elements.  â¢We assessed the valuation methodology regarding the  warranty provision against the requirements of IFRS.  â¢We have tested the reliability of the warranties report  used as basis for the assumption of future claims by  comparing actual claims data against the sales of solar  panels and other supporting documentation on a sample  basis.  â¢We assessed the appropriateness of the method and  assumptions applied including failure rate of the solar  panels and their replacement cost. The third-party  supplier of the panels will fulfil its obligations to replace  defective panels, and defective modules replaced can be  used as passive modules in future installations.  â¢We have reviewed the Group's insurance terms and  conditions to assess whether the costs related to the  reinstallation of defective panels are covered by the  Groupâs insurance policies.  â¢We also assessed the adequacy of the disclosures  regarding warranty provisions in the consolidated  financial statements to determine whether they are in  accordance with IFRS.  </arr:KeyAuditMattersAudit>
<arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx1" id="fact1741" xml:lang="en">Management's responsibility for the financial statements  Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the IFRS  Accounting Standards as adopted by the EU and additional requirements in the Danish Financial Statements Act and for such  internal control that Management determines is necessary to enable the preparation of financial statements that are free from  material misstatement, whether due to fraud or error.  In preparing the financial statements, Management is responsible for assessing the Group's and the Parent Company's 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="ctx1" id="fact1750" xml:lang="en">Auditor's responsibilities for the audit of the financial statements  Our objectives are to obtain reasonable assurance as to whether the financial statements as a whole are free from material  misstatement, whether due to fraud or error, and to issue an auditor's report that includes our 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 may arise from fraud or error and  are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions  of users taken on the basis of these financial statements.  As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise  professional judgement and maintain professional scepticism throughout the audit. We also:  â¢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 collusion, forgery, intentional omissions, misrepresentations or the override of internal control.  â¢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 effectiveness of the Group's and the Parent Company's  internal control.  â¢evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related  disclosures made by Management.  â¢policies used and the reasonableness of accounting estimates and related disclosures made by Management.  â¢conclude on the appropriateness of Management's use of the going concern basis of accounting in preparing the financial  statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions  that may cast significant doubt on the Group's and the Parent Company's ability to continue as a going concern. If we conclude  that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the  financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit  evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group and the  Parent Company to cease to continue as a going concern.  â¢evaluate the overall presentation, structure and contents of the financial statements, including the disclosures, and whether the  financial statements represent the underlying transactions and events in a manner that gives a true and fair view.  â¢plan and perform the group audit to obtain sufficient appropriate audit evidence regarding the financial information of the  entities or business units within the Group as a basis for forming an opinion on the consolidated financial statements and the  Parent Company financial statements. We are responsible for the direction, supervision and review of the audit work  performed for purposes of the group audit. We remain solely responsible for our audit opinion.  We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit  and significant audit findings, including any significant deficiencies in internal 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 to 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 therefore the key audit matters. We describe these matters in our  auditor's report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we  determined that a matter should not be communicated in our report because the adverse consequences of doing so would  reasonably be expected to outweigh the public interest benefits of such communication.  </arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
<arr:AuditorsReportOnXbrlTagging contextRef="ctx1" id="fact1799" xml:lang="en">Report on compliance with the ESEF Regulation  As part of our audit of the consolidated financial statements and parent company financial statements of Ennogie Solar Group A/S,  we performed procedures to express an opinion on whether the annual report of Ennogie Solar Group A/S for the financial year 1  January â 31 December 2024 with the file name Ennogiesolargroup-2024-12-31-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.  Management is responsible for preparing an annual report that complies with the ESEF Regulation. This responsibility includes:  â¢The preparing of the annual report in XHTML format;  â¢The selection and application of appropriate iXBRL tags, including extensions to the ESEF taxonomy and the anchoring thereof  to elements in the taxonomy, for financial information required to be tagged using judgement where necessary;  â¢Ensuring consistency between iXBRL tagged data and the consolidated financial statements presented in human readable  format; and  â¢For such internal control as Management determines necessary to enable the preparation of an annual report that is compliant  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:  â¢Testing whether the annual report is prepared in XHTML format;  â¢Obtaining an understanding of the companyâs iXBRL tagging process and of internal control over the tagging process;  â¢Evaluating the completeness of the iXBRL tagging of the consolidated financial statements;  â¢Evaluating the appropriateness of the companyâs use of iXBRL elements selected from the ESEF taxonomy and the creation of  extension elements where no suitable element in the ESEF taxonomy has been identified;  â¢Evaluating the use of anchoring of extension elements to elements in the ESEF taxonomy; and  â¢Reconciling the iXBRL tagged data with the audited consolidated financial statements.  In our opinion, the annual report of Ennogie Solar Group A/S for the financial year 1 January â 31 December 2024 with the file name  Ennogiesolargroup-2024-12-31-en.zip is prepared, in all material respects, in compliance with the ESEF Regulation.  Non-compliance with the provisions of the Danish Companies Act  In violation of section 99 of the Danish Companies Act, the Company has not provided the shareholders with the signed and audited  financial statements within three weeks before the general meeting. The Company's Management may incur liability in this respect.  </arr:AuditorsReportOnXbrlTagging>
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