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Consolidated Statements of Changes in Equity - DKK (kr)
Share capital
Share premium
Translation reserves
Cash flow hedges
Retained Earnings/ (Accumulated Deficit)
Total
Balance at beginning of period at Dec. 31, 2016 kr 60,000,000 kr 7,770,000,000 kr 99,000,000 kr 4,000,000 kr (3,107,000,000) kr 4,826,000,000
Number of shares, at beginning of period at Dec. 31, 2016           60,350,056
Net result         1,104,000,000 kr 1,104,000,000
Other comprehensive income     (17,000,000) (4,000,000)   (21,000,000)
Total comprehensive income     (17,000,000) kr (4,000,000) 1,104,000,000 1,083,000,000
Transactions with owners:            
Exercise of warrants 1,000,000 214,000,000       215,000,000
Purchase of treasury shares           0
Share-based compensation expenses         76,000,000 76,000,000
Tax on items recognized directly in equity         72,000,000 72,000,000
Balance at end of period at Dec. 31, 2017 61,000,000 7,984,000,000 82,000,000   (1,855,000,000) kr 6,272,000,000
Number of shares, at end of period at Dec. 31, 2017           61,185,674
Change in accounting policy: Adoption of IFRS 15 | Change in accounting policy: Adoption of IFRS 15         151,000,000 kr 151,000,000
Balance at beginning of period at Dec. 31, 2017 61,000,000 7,984,000,000 82,000,000   (1,855,000,000) kr 6,272,000,000
Number of shares, at beginning of period at Dec. 31, 2017           61,185,674
Net result         1,472,000,000 kr 1,472,000,000
Other comprehensive income     10,000,000     10,000,000
Total comprehensive income     10,000,000   1,472,000,000 1,482,000,000
Transactions with owners:            
Exercise of warrants   75,000,000       75,000,000
Purchase of treasury shares         (146,000,000) (146,000,000)
Share-based compensation expenses         91,000,000 91,000,000
Tax on items recognized directly in equity         89,000,000 89,000,000
Balance at end of period at Dec. 31, 2018 61,000,000 8,059,000,000 92,000,000   (198,000,000) kr 8,014,000,000
Number of shares, at end of period at Dec. 31, 2018           61,497,571
Adjusted total equity at January 1, 2018 61,000,000 7,984,000,000 82,000,000   (1,704,000,000) kr 6,423,000,000
Net result         2,166,000,000 2,166,000,000
Other comprehensive income     6,000,000     6,000,000
Total comprehensive income     6,000,000   2,166,000,000 2,172,000,000
Transactions with owners:            
Exercise of warrants 1,000,000 64,000,000       65,000,000
Shares issued for cash 3,000,000 3,870,000,000       3,873,000,000
Expenses related to capital increases   (238,000,000)       (238,000,000)
Purchase of treasury shares           0
Share-based compensation expenses         147,000,000 147,000,000
Net settlement of RSUs         (9,000,000) (9,000,000)
Tax on items recognized directly in equity         24,000,000 24,000,000
Balance at end of period at Dec. 31, 2019 kr 65,000,000 kr 11,755,000,000 kr 98,000,000   kr 2,130,000,000 kr 14,048,000,000
Number of shares, at end of period at Dec. 31, 2019           65,074,502