Tuco Production ApSAktiv

Business reviewThe company's main activity is to produce and repair boats and vessels as well af to provide subcontractor work to the maritime industry.

Financial review The company's income statement for the year ended 31 December 2025 shows a loss of DKK 10.961.491, and the balance sheet at 31 December 2025 shows equity of DKK 2.168.386.The result reflects a year of investment and transition. During 2025, the company incurred significant costs for product development, the build-up of production capacity and preparation of the organisation for a markedly rising level of activity, particularly within the defense and USV segments. These investments weigh on the result for the year but have been made to position the company for the growth already materialising in 2026. With the new co-investors, Bonnesen Mølby Invest, and the capital injected, the company stands on a significantly strengthened foundation. Demand for ProZero vessels, including Unmanned Surface Vessels (USVs), continues to grow, driven by geopolitical developments and increasing interest in autonomous capabilities across both defense and offshore applications. To ensure financial statements with positive equity, the parent company, Tuco Group ApS, has made a tax-free group contribution of DKK 8,5 million as a portion of the intercompany balance. On this basis, management assesses that a solid foundation for the company’s continued operations has been established. In connection with the audit of work in progress, it was found that a specific project had not been recognized as of 31 December 2024, whereby work in progress at the beginning of the year was overstated

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