Lind Capital Annual Report 2021 - Flipbook - Side 28
INDEPENDENT AUDITORS’ REPORT
To the Shareholders of Lind Capital A/S
OPINION
We have audited the financial statements of Lind Capital A/S for the financial year 1 January – 31 December
2021, which comprise income statement, balance sheet,
statement of changes in equity, notes and accounting
policies. The financial statements are prepared in accordance with the Danish Financial Statements Act.
In our opinion, the financial statements give a true and
fair view of the financial position of the Company at 31
December 2021 and of the results of the Company’s
operations for the financial year 1 January – 31 December 2021 in accordance with the Danish Financial Statements Act.
BASIC FOR OPINION
We conducted our audit in accordance with International Standards on Auditing (ISAs) and additional requirements applicable in Denmark. Our responsibilities
under those standards and requirements are further
described in the ”Auditor’s responsibilities for the audit
of the financial statements” section of this auditor’s
report. We are independent of the Company in accordance with the International Ethics Standards Board for
Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have
fulfilled our other ethical responsibilities in accordance
with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
MANAGEMENT’S RESPONSIBILITIES FOR THE
FINANCIAL STATEMENTS
Management is responsible for the preparation of financial statements that give a true and fair view in
accordance with the Danish Financial Statements Act
and for such internal control as Management determines is necessary to enable the preparation of financial
statements that are free from material misstatement,
whether due to fraud or error.
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In preparing the financial statements, Management
- Obtain an understanding of internal control relevant
is responsible for assessing the Company’s ability to
to the audit in order to design audit procedures that are
continue as a going concern, disclosing, as applicable,
appropriate in the circumstances, but not for the purpo-
matters related to going concern and using the going
se of expressing an opinion on the effectiveness of the
concern basis of accounting in preparing the financi-
Company’s internal control.
al statements unless Management either intends to
liquidate the Company or to cease operations or has no
- Evaluate the appropriateness of accounting policies
realistic alternative but to do so.
used and the reasonableness of accounting estimates
AUDITOR’S RESPONSIBILITIES FOR THE
AUDIT OF THE FINANCIAL STATEMENTS
and related disclosures made by Management.
- Conclude on the appropriateness of Management’s
Our objectives are to obtain reasonable assurance as
use of the going concern basis of accounting in prepa-
to whether the financial statements as a whole are free
ring the financial statements and, based on the audit
from material misstatement, whether due to fraud or
evidence obtained, whether a material uncertainty
error, and to issue an auditor’s report that includes our
exists related to events or conditions that may cast sig-
opinion. Reasonable assurance is a high level of as-
nificant doubt on the Company’s ability to continue as
surance but is not a guarantee that an audit conducted
a going concern. If we conclude that a material uncer-
in accordance with ISAs and additional requirements
tainty exists, we are required to draw attention in our
applicable in Denmark will always detect a material
auditor’s report to the related disclosures in the financi-
misstatement when it exists. Misstatements can arise
al statements or, if such disclosures are inadequate, to
from fraud or error and are considered material if, indi-
modify our opinion. Our conclusions are based on the
vidually or in the aggregate, they could reasonably be
audit evidence obtained up to the date of our auditor’s
expected to influence the economic decisions of users
report. However, future events or conditions may cause
taken on the basis of the financial statements.
the Company to cease to continue as a going concern.
As part of an audit conducted in accordance with ISAs
- Evaluate the overall presentation, structure, and con-
and additional requirements applicable in Denmark,
tents of the financial statements, including the note
we exercise professional judgement and maintain pro-
disclosures, and whether the financial statements re-
fessional scepticism throughout the audit.
present the underlying transactions and events in a
manner that gives a true and fair view.
We also:
- Identify and assess the risks of material misstatement
We communicate with those charged with governance
of the financial statements, whether due to fraud or er-
regarding, among other matters, the planned scope
ror, design and perform audit procedures responsive to
and timing of the audit and significant audit findings,
those risks and obtain audit evidence that is sufficient
including any significant deficiencies in internal control
and appropriate to provide a basis for our opinion. The
that we identify during our audit.
STATEMENT ON THE MANAGEMENT
COMMENTARY
Management is responsible for the management commentary.
Our opinion on the financial statements does not cover
the management commentary, and we do not express
any form of assurance conclusion thereon.
In connection with our audit of the financial statements,
our responsibility is to read the management commentary and, in doing so, consider whether the management commentary is materially inconsistent with the
financial statements, or our knowledge obtained in the
audit or otherwise appears to be materially misstated.
Moreover, it is our responsibility to consider whether
the management commentary provides the information required under the Danish Financial Statements Act.
Based on the work we have performed, we conclude
that the management commentary is in accordance
with the financial statements and has been prepared in
accordance with the requirements of the Danish Financial Statements Act. We did not identify any material
misstatement of the management commentary.
Aarhus, 18 March, 2022
Deloitte
Statsautoriseret Revisionspartnerselskab
Business Registration No. 33 96 35 56
risk of not detecting a material misstatement resulting
from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal
control.
Michael Thorø Larsen
State Authorised
Public Accountant
mne35823
Søren Marquart Alsen
State Authorised
Public Accountant
mne40040
LIND CAPITAL ANNUAL REPORT 2021
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