Inpay Services Aps

Ledelsesberetning

Key activities The Company's main activity consists of delivering administration and IT services to group companies. Development in the year The income statement of the Company for 2023 shows a profit of DKK 9,519 thousand compared to DKK 8,695 thousand last year. The balance sheet of the Company shows a equity of DKK 35,088 thousand as of 31 December 2023 compared to DKK 25,568 thousand as of 31 December 2022. The development in the year primarily relates to an increase in activity for the Group, leading to increased activity for the Company as it acts as an administration entity. The past year and follow-up on development expectations from last year The result for 2023 is found satisfactory and is in line with the management expectations. Targets and expectations for the year ahead The expectations on the result for 2024 will be an increase in profit of around 5-10%. Research and development Inpay Services ApS focus on investing in the right and up to date systems within ERP, people management, risk management etc. to fulfill the requirements for its group companies. External environment As a highly digitalised organisation, we have a limited impact on the external environment in terms of sustainability. However, being environmentally responsible is a focus area. Intellectual capital resources Inpay Services ApS is highly dependent on having the right employees to support the requirements for support to the group companies which are operating within the fintech industry. Uncertainty relating to recognition and measurement Other than what is mentioned in note 1, recognition and measurement in the Annual Report have not been subject to any uncertainty Unusual events The financial position on 31 December 2023 of the Company and the results of the activities of the Company for the financial year for 2023 have not been affected by any unusual events including the unstable situation in Ukraine. Subsequent events No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date.