Assets
| Type | Time | Amount | Unit |
|---|---|---|---|
| ifrs-full:Assets | 2025-12-31 | 19539000 | vDKK |
| ifrs-full:Assets | 2024-12-31 | 23558000 | vDKK |
Revenue
| Type | Start date | End date | Amount | Unit |
|---|---|---|---|---|
| ifrs-full:Revenue | 2025-01-01 | 2025-12-31 | 309000 | vDKK |
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<mrv:CorporateGovernanceReport contextRef="ctx1" id="fact1000" xml:lang="en">Corporate Governance  Strategic Partners A/S is committed to ensuring transparent and good corporate governance. As a Danish  company listed on Nasdaq Copenhagen, Strategic Partners A/S is subject to the Danish Recommendations on  Corporate Governance. The Recommendations on Corporate Governance are best practice guidelines for the  management of companies admitted to trading on a regulated market.  Strategic Partners A/S complies with the Recommendations on Corporate Governance where deemed relevant  given Strategic Partners A/Sâs current situation and focus.  Strategic Partners A/Sâs corporate governance statement includes Strategic Partners A/Sâs position on the  Recommendation on Corporate Governance as well as a complete list of the Companyâs comments to  recommendations that the Company opted to deviate from. The corporate governance statement is available  under âCorporate Governanceâ in the Investors section of our website https://www.strategic-  partners.dk/investorer/governance/governance/.  Board of Directors  The Board of Directors is responsible for the overall management and strategic direction of Strategic Partners  A/Sâs business and operations, and it supervises the Companyâs activities, management, and organization. The  Board of Directors appoints and dismisses the members of the Executive Management, who are responsible for  the day-to-day management of the Company.  The Board has chosen that the functions of the Audit Committee are exercised by the entire board of directors  with Lars Tylvad Andersen as Chairman of the Audit Committee.  Meetings  The Board of Directors normally holds at least five regular meetings annually, including a strategy review, plus  ad-hoc meetings as required. Extraordinary board meetings are convened by the Chairman when necessary or  when requested by a member of the Board of Directors, a member of the Executive Management, or by the  Companyâs auditor. The Board of Directors forms a quorum when more than half of its members are  represented, including the Chairman. Resolutions of the Board of Directors are passed by a simple majority of  the votes present at the meeting. In the event of equal votes, the Chairman shall have the casting vote.  The members of the Board of Directors elected by the general meeting are elected for a term of one year.  Members of the Board of Directors may be re-elected.  Strategic Partners A/S Board of Directors  Name  Position  Independent  (1)  Year of first  Expiration of  appointment  term  Michael Hove  Chairman  Independent  2023  2026  Lars Tylvad Andersen  Member  Independent  2025  2026  Jakob Bendtsen  Member  Not Independent  2023  2026  (1) According to the Danish Recommendations on Corporate Governance at least half of the members of the Board of Directors should be  independent.  Internal controls and financial reporting procedures  The Board of Directors and the Executive Management are responsible for risk management and internal  controls over its financial reporting and approve general policies in that regard. The Board of Directors is  overseeing the reporting process and the most important risks involved in this respect. The Executive  Management is responsible for the effectiveness of the internal controls and risk management and for the  implementation of such controls aimed at mitigating the risk associated with the financial reporting.  The Board of Directors and Executive Management assess risks on an on-going basis, including risks related to  financial reporting, and assess measures to manage, reduce, or eliminate identified risks.  Strategic Partners A/S has adopted and defined an internal control framework that identifies key processes,  inherent risks, and control procedures in order to secure appropriate accounting processes. The control  procedures include a variety of processes in order to prevent any misrepresentation, significant errors,  omissions, or fraudulent behavior.  Strategic Partners A/Sâs independent auditors are appointed for a term of one year by the shareholders at the  Companyâs annual general meeting. The Board of Directors assesses the independence and competencies and  other matters pertaining to the auditors. The framework for the auditorsâ compensation and duties, including  audit and non-audit tasks, is agreed annually between the Board of Directors and the auditors.  Risk Management  Our financial situation and risks are assessed on an ongoing basis and reported to the Board of Directors. The  Company has currently only identified currency risks as relevant for the Company due to the limited ongoing  business operations of Strategic Partners A/S.  Financial risks may arise from changes in exchange rates and changes in stock prices. The Company are mostly  exposed to foreign exchange movements relating to USD and EUR.  </mrv:CorporateGovernanceReport>
<mrv:StatementOfCorporateSocialResponsibility contextRef="ctx1" id="fact1094" xml:lang="en">Corporate Social Responsibility  This section constitutes the Companyâs statutory reporting according to Section 99a of the Danish Financial  Statements Act.  In light of our limited business operations, Strategic Partners A/Sâs Corporate and Social Responsibility (CSR)  risks are considered very limited. Our CSR activities for 2025 were commensurate with the size and limited  operations of the Company, though we continued to strive to uphold our values and responsibilities towards  society, employees, and our stakeholders. For 2026 we will continue, where possible, to fulfill our CSR  obligations as we execute our strategy.  CSR reporting areas  Human Rights  Risk: Very Limited: Strategic Partners A/S has limited operations, employees and suppliers.  Actions: Continued to respect internationally declared human rights and did not employ child labor.  Policies in place: Strategic Partners A/S acknowledges and supports the maintenance of internationally  declared human rights and bases its work on the UN Universal Declaration of Human Rights and the  interpretation that it is the responsibility of the State to protect, and the companiesâ responsibility to respect,  these rights. Strategic Partners A/S interprets human rights to comprise respect for diversity.  ⢠Diversity policy.  ⢠Whistleblower policy.  Results:  ⢠No diversity related incidents or human rights violations reported in 2025.  ⢠Employee composition: Not meaningful given company structure (One employee as of December 31,  2025; male).  ⢠Leadership: Not meaningful given company structure (One employee as of December 31, 2025; male).  FuturePlans:  ⢠Continue to support and respect internationally declared human rights and will not employ child labor.  Aim to improve Board diversity in the future, subject to expansion of current business operations.  Anti-Corruption & Bribery  Risk: Very Limited: We do not tolerate the use of bribery or corruption to achieve business objectives.Given  that we have limited operations, employees and suppliers our anti-corruption and bribery risk is very limited.  Actions: The Company is committed to maintaining the highest standards of conduct and will not tolerate the  use of bribery or corruption to achieve its business objectives.  ⢠Anti-corruption and bribery training conducted when employees start.  ⢠Legal & Compliance training refreshers, including anti-corruption and bribery  Policies in place: Our policies on bribery and corruption are clearly set out in our anti-corruption policy and  our employee handbook.  Results: No bribery and corruption violations identified or reported in 2025.  Future Plans: Continue to maintain the highest standards of conduct and not tolerate the use of bribery or  corruption to achieve business objectives.  Environment & Climate  Risk: Very limited: We have a very limited number of employees, minimal physical office presence and use  external suppliers for certain activities such as administration, finance and legal activities which we believe  have a low potential risk for impact on the environment & climate.  Actions: Followed established procedures both during use and at disposal of hazardous substances.  Policies in place: Considering the business of the Company, and its limited operations and employees,  Strategic Partners A/Sâs general potential impact on the environment and climate and the impact of the climate  on Strategic Partners A/Sâs business is viewed as minimal. We continue to endeavor to protect the environment  and climate through mindful business practices such as, e.g. careful use of office materials and energy  consumption.  Results:  ⢠Continued to focus on efficient energy use and management of office materials in 2025.  Future Plans: Strategic Partners A/S has limited operating activities, employees and suppliers focusing on  administration, finance and legal activities, the general potential impact on the environment and climate and  the impact of the environment and climate on Strategic Partners A/Sâs business is viewed as minimal. We will  continue to endeavor to protect the environment and climate through mindful business practices such as, e.g.  careful use of office materials and energy consumption.  Social / Employees  Risk: Very Limited: As of December 31, 2025, Strategic Partners A/S had only one employee. The company  continues to value diversity in gender, age, ethnicity, nationality, religion, education, sexual orientation, work  history, perspectives, opinions, and skills at all levels of our business however given its limited employees it  currently does not have a diverse workforce. Further, the Companyâs limited operations, such as office space  and support network, could impact the working conditions of remaining employees.  Actions: The health and safety of our employees is of utmost importance and Strategic Partners A/S  continually works to ensure that all systems and processes meet strict international standards. Continued to  foster an open, trusting and inclusive workplace committed to freedom from discrimination, harassment, and  bullying.  Policies in place: Diversity Policy as well as Health and Safety Policies.  Results: Established a resilient culture centered on trust and collaboration.  Future Plans: As of the date of this annual report, the Company has limited ongoing business activities and  only one employee. Our future social / employee activities will be commensurate with the size and limited  operations of the Company. We will continue to strive to uphold our values and responsibilities and promote a  healthy, diverse and inclusive workplace, as we execute our strategy.  </mrv:StatementOfCorporateSocialResponsibility>
<mrv:StatementOfPolicyForDataEthics contextRef="ctx1" id="fact1201" xml:lang="en">Data Ethics  We currently do not have a data ethics policy. Given the Company has limited operational business activities, it  is no longer an integrated part of the Companyâs business strategy or activities to process data or use  algorithms for data analysis in connection with clinical trials, etc. However, our practices will be evaluated on  an ongoing basis in order to ensure they align with the statutory requirements set forth in Section 99d of the  Danish Financial Statements Act.  </mrv:StatementOfPolicyForDataEthics>
<mrv:StatementOfTheDiversityPolicies contextRef="ctx1" id="fact1207" xml:lang="en">Diversity in Management Positions  Given the size of our workforce with only one employee, it is not meaningful to set out diversity figures nor is it  required in accordance with the Danish Companies Act. This is also the case for the information requirements  in section 107 d in the Danish Companies Act.  Due to the evolution of the business, there were only three Board members at the end of 2025, all of which  were men.  2025  Board of directors  Total number of members  3 Underrepresented gender in %  0%  Target figure in % Net result from discontinued operations  40%  Year of target fulfilment  2029  Other Management levels  Total number of members (all male)  1</mrv:StatementOfTheDiversityPolicies>
<sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx1" id="fact1237" xml:lang="en">Statements by Board of Directors and  Executive Management  The Board of Directors and Executive Management have today considered and approved the annual report of  Strategic Partners A/S for the financial year January 1-December 31, 2025.  The financial statements have been prepared in accordance with International Financial Reporting Standards  (IFRS) as endorsed by the EU as well as additional disclosure requirements under the Danish Financial  Statements Act.  In our opinion, Managementâs Review provides a fair presentation of the development in the operations and  financial circumstances, the results of the year, and the overall financial position of the Company as well as a  description of the most significant risks and elements of uncertainty facing the Company.  In our opinion, the financial statements provide a fair presentation of the assets, liabilities, and financial  position and the results of the operations and cash flows for the financial year.  In our opinion, the Annual Report of Strategic Partners A/S for the financial year January 1âDecember 31,  2025 identified as SP-2025-12-31-en.zip has been prepared, in all material respects, in compliance with the  ESEF Regulation.  We recommend that the annual report be adopted at the Annual General Meeting scheduled to be held on 28  April, 2025.  </sob:StatementByExecutiveAndSupervisoryBoards>
<sob:DateOfApprovalOfAnnualReport contextRef="ctx1" id="fact1256">2026-03-30</sob:DateOfApprovalOfAnnualReport>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx23" id="fact1428" xml:lang="en">Michael Hove</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
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<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx25" id="fact1431" xml:lang="en">Jakob Bendtsen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx26" id="fact1432" xml:lang="en">Jakob Bendtsen</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx26" id="fact1433" xml:lang="en">Chief Executive Officer</cmn:TitleOfMemberOfExecutiveBoard>
<arr:IndependentAuditorsReportsAudit contextRef="ctx1" id="fact1257" xml:lang="en">Independent Auditorsâ Report</arr:IndependentAuditorsReportsAudit>
<arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" id="fact1258" xml:lang="en">To the Shareholders of Strategic Partners A/S Â REPORT ON THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS AND PARENT COMPANY Â FINANCIAL STATEMENTS Â </arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
<arr:OpinionOnAuditedFinancialStatements contextRef="ctx1" id="fact1261" xml:lang="en">Opinion  We have audited the Financial Statements of Strategic Partners A/S for the financial year 1 January  2025 - 31 December 2025, which comprise income statement, balance sheet, statement of changes  in equity, notes, and material accounting policy information. The Financial Statements are  prepared in accordance with the IFRS Accounting Standards as adopted by the EU and additional  disclosure requirements in the Danish Financial Statements Act.  In our opinion, the Financial Statements give a true and fair view of the financial position of the  Company at 31 December 2025, and of the results of the Companyâs operations and cash flows for  the financial year 1 January 2025 - 31 December 2025 in accordance with the IFRS Accounting  Standards as adopted by the EU and additional disclosure requirements in the Danish Financial  Statements Act.  Our conclusion is consistent with our audit report to the Audit Committee and the Board of  Directors.  </arr:OpinionOnAuditedFinancialStatements>
<arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx1" id="fact1274" 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 âAuditorâs Responsibilities for the Audit of the Financial  Statementsâ section of our report. We are independent of the Company in accordance with the  International Ethics Standards Board for Accountantsâ International Code of Ethics for Professional  Accountants (IESBA Code), as applicable of public interest entities, and additional ethical  requirements applicable in Denmark to audits of financial statements of public interest entities. We  have also fulfilled our other ethical responsibilities in accordance with these requirements and the  IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to  provide a basis for our opinion.  To the best of our belief, we have not performed any prohibited non-audit services, as stated in  article 5, subarticle 1, in regulation (EU) no. 537/2014.  We were first appointed auditor of Strategic Partners A/S on 21 October 2024 for the financial year  2024. We were reappointed annually by a resolution of a general meeting for a total continuous  period of 2 years until and including the financial year 2025.  </arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
<arr:KeyAuditMattersAudit contextRef="ctx1" id="fact1292" xml:lang="en">Key Audit Matters  Key Audit Matters are those matters that, in our professional judgment, were of most significance  in our audit of the Financial Statements for the financial year 2025. These matters were addressed  in the context of our audit of the Financial Statements as a whole, and in forming our auditorâs  opinion thereon, and we do not provide a separate opinion on these matters.  Investment Properties  Key Audit Matter  As at 31 December 2025, the carrying amount of the Companyâs investment properties amounts to  DKK 3,573 thousand.  Investment properties are measured at fair value based on an income-based valuation model,  whereby the expected future earnings of each individual property are capitalized using a rate of  return determined by Management. The key assumptions and estimates applied in determining the  expected future earnings and the basis for determining the required rate of return are disclosed in  note 3.2 to the Financial Statements.  We considered the valuation of investment properties to be a key audit matter due to the  significant management judgment involved in determining the assumptions applied. Changes in  these assumptions could have a material impact on the financial statements.  Our audit measure  We obtained an understanding of Managementâs process and controls related to the valuation of  investment properties. We evaluated the valuation model applied and the basis for significant input  factors, including rental levels, maintenance condition and costs, vacancy rates, etc.  We compared the applied rates of return for the individual properties with market reports and  other relevant benchmarks. We recalculated the fair value measurement of the properties based on  the expected earnings and the applied rates of return for each property.  Furthermore, we assessed the sensitivity of the valuation to changes in key assumptions, including  the rate of return.  </arr:KeyAuditMattersAudit>
<arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" id="fact1320" xml:lang="en">Statement on Management Commentary  Management is responsible for Management Commentary.  Our opinion on the Financial Statements does not cover Management Commentary, 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 Management  Commentary and, in doing so, consider whether Management Commentary 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 Management Commentary provides the  information required under the Danish Financial Statements Act.  Based on the work we have performed, we conclude that Management Commentary is in  accordance with the Financial Statements and has been prepared in accordance with the  requirements of the Danish Financial Statements Act. We did not identify any material  misstatement of Management Commentary.  </arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx1" id="fact1334" xml:lang="en">Managementâs Responsibilities 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 as Management  determines is necessary to enable the preparation of Financial Statements that are free from  In preparing the Financial Statements, Management is responsible for assessing the Companyâs  ability to continue as a going concern, disclosing, as applicable, matters related to going concern  and using the going concern basis of accounting in preparing the Financial Statements unless  Management either intends to liquidate the Company or to cease operations, or has no realistic  alternative but to do so.  </arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
<arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx1" id="fact1344" 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, 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 judgment and maintain professional skepticism 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 collusion, 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 effectiveness of the 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 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 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 inadequate, 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 Company to cease to continue as a going concern.  ⢠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.  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 them all relationships  and other matters that may reasonably 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 Independent Auditorâs  Report unless law or regulation precludes public disclosure of the matter or when, in extremely  rare circumstances, we determine that a matter should not be communicated in our Independent  Auditorâs 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="fact1403" xml:lang="en">REPORT ON COMPLIANCE WITH THE ESEF REGULATION  As part of our audit of the Financial Statements of Strategic Partners A/S we performed procedures  to express an opinion on whether the annual report of Strategic Partners A/S for the financial year  1 January 2025 - 31 December 2025 with the file name [SP-2025-12-31-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.  Management is responsible for preparing an annual report that complies with the ESEF Regulation.  This responsibility includes the preparing of the annual report in XHTML format.  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 procedures consist of testing whether  the annual report is prepared in XHTML format.  In our opinion, the annual report of Strategic Partners A/S for the financial year 1 January 2025 - 31  December 2025 with the file name [SP-2025-12-31-en.zip] is prepared, in all material respects, in  compliance with the ESEF Regulation.  </arr:AuditorsReportOnXbrlTagging>
<cmn:NameOfAuditFirm contextRef="ctx27" id="fact1434" xml:lang="en">BDO Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx27" id="fact1435">45719375</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameAndSurnameOfAuditor contextRef="ctx27" id="fact1436" xml:lang="en">Mikkel Mauritzen</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx27" id="fact1437" xml:lang="en">State Authorised Public Accountant</cmn:DescriptionOfAuditor>
<cmn:IdentificationNumberOfAuditor contextRef="ctx27" id="fact1438" xml:lang="en">mne46621</cmn:IdentificationNumberOfAuditor>
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