Segment Information

12 Months Ended

Dec. 31, 2022

Disclosure of operating segments [abstract]

Note 5—Segment Information

The Company is managed and operated as one business unit. No separate business areas or separate business units have been identified in relation to product candidates or geographical markets. Accordingly, except for entity wide disclosures, no information on business segments or geographical markets is disclosed. Entity wide disclosures regarding revenue are included in Note 4, “Revenue”.

The Company’s intangible assets and property, plant and equipment located by country are specified below, and defines the Company’s non-current segment assets:


	2022		2021
	(EUR’000)
Non-current segment assets
Denmark (domicile country)		30,336		29,656
North America		89,439		91,755
Germany		14,148		9,910
Total non-current segment assets		133,923		131,321
Investment in associate		22,932		38,345
Marketable securities		7,492		107,561
Other receivables		1,920		1,808
Total non-current assets		166,267		279,035