Aerial Tools ApSAktiv

Description of key activities of the companyThe company's activity consists of wholesale trade in other machines and other equipment.

Significant changes in the company's activities and financial mattersThe gross profit for the year totals DKK 2.206 thousand against DKK 2.589 thousand last year. Profit or loss from ordinary activities after tax totals DKK -1.595 thousand against DKK 971thousand last year. Management considers the net profit or loss for the year satisfactory. Impairment of intangible assets and future operations During the year, Management reassessed the Company’s business plan and the expected future use of its intangible assets. Based on this assessment, Management recognised an impairment loss of 2.372.339 and reduced the carrying amount of the intangible assets to nil at the balance sheet date. As at the date of approval of these financial statements, Management is evaluating the Company’s future operations, including alternative plans for the continued development of the business. No final decision has been made as to whether the Company will continue its operations or cease trading. The financial statements have been prepared on a going-concern basis, as Management considers that the Company has adequate funding and a realistic prospect of continuing its operations.

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