Frederiksborgvej 234 2 th
2400 København NV
1 January 2022 - 31 December 2022
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Liquidation
Decision to liquidate the company
On 8 October 2021 the general meeting adopted the decision to liquidate the company. As liquidator was appointed Henrik Dürr. The process of liquidating the company is ongoing and expected to be finalized in 2023.
Development in activities and financial affairs
Primary activities of the Company
The principal activity was software development. Specifically, development of automated algorithmic trading platforms for FX markets, stock indices and crypto currencies. In July 2021 the software platform and domain was sold together with the trademark. After this no commercial activites are undertaken in the company.
Financials and Going Concern
The company's financial performance is considered satisfying based on the non-existence of commercial activites and
being in the process of liquidation. The 2022 accounts show a net profit of DKK 399 (2021: loss of DKK 34,005).
As the company is under liquidation it is no longer going concern. There are sufficient funds in the company to meet the obligations during the liquidation process.
Significant events occurred after the end of the financial year.
No significant events have occurred after the end of the financial year.
| Disclosure | 2022 | 2021 | |
|---|---|---|---|
| DKK | DKK | ||
| Gross profit (loss) |
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- |
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| Employee expense |
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| Depreciation, amortisation expense and impairment losses of property, plant and equipment and intangible assets |
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| Profit (loss) from ordinary operating activities |
|
- |
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| Other finance expenses |
|
- |
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| Profit (loss) from ordinary activities before tax |
|
- |
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| Tax expense |
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| Profit (loss) |
|
- |
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| Proposed distribution of results | |||
| Proposed dividend recognised in equity |
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| Retained earnings |
|
- |
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| Proposed distribution of profit (loss) |
|
- |
| Disclosure | 2022 | 2021 | |
|---|---|---|---|
| DKK | DKK | ||
| Other receivables |
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| Receivables |
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| Cash and cash equivalents |
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| Current assets |
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| Total assets |
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| Disclosure | 2022 | 2021 | |
|---|---|---|---|
| DKK | DKK | ||
| Contributed capital |
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| Retained earnings |
- |
- |
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| Proposed dividend |
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| Total equity |
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| Trade payables |
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| Payables to vat and duties |
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| Short-term liabilities other than provisions, gross |
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| Liabilities other than provisions, gross |
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| Liabilities and equity, gross |
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