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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2022
Property, plant and equipment [abstract]  
Summary of Property, Plant and Equipment

 

 

Plant and
Machinery

 

 

Other
Equipment

 

 

Leasehold
Improve-
ments

 

 

Right-of-Use
Assets

 

 

Total

 

 

 

(EUR’000)

 

Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 1, 2021

 

 

14,622

 

 

 

5,175

 

 

 

8,535

 

 

 

99,566

 

 

 

127,898

 

Additions

 

 

2,810

 

 

 

3,386

 

 

 

8,780

 

 

 

10,812

 

 

 

25,788

 

Disposals

 

 

(772

)

 

 

(10

)

 

 

 

 

 

(1,040

)

 

 

(1,822

)

Foreign exchange translation

 

 

286

 

 

 

271

 

 

 

752

 

 

 

6,797

 

 

 

8,106

 

December 31, 2021

 

 

16,946

 

 

 

8,822

 

 

 

18,067

 

 

 

116,135

 

 

 

159,970

 

Additions

 

 

7,787

 

 

 

2,487

 

 

 

1,284

 

 

 

3,245

 

 

 

14,803

 

Disposals

 

 

(32

)

 

 

(395

)

 

 

 

 

 

(5,480

)

 

 

(5,907

)

Foreign exchange translation

 

 

243

 

 

 

289

 

 

 

779

 

 

 

5,566

 

 

 

6,877

 

December 31, 2022

 

 

24,944

 

 

 

11,203

 

 

 

20,130

 

 

 

119,466

 

 

 

175,743

 

Accumulated depreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 1, 2021

 

 

(4,781

)

 

 

(2,287

)

 

 

(1,134

)

 

 

(11,584

)

 

 

(19,786

)

Depreciation charge

 

 

(1,499

)

 

 

(1,200

)

 

 

(1,284

)

 

 

(10,963

)

 

 

(14,946

)

Disposals

 

 

772

 

 

 

10

 

 

 

 

 

 

1,040

 

 

 

1,822

 

Foreign exchange translation

 

 

(19

)

 

 

(70

)

 

 

(70

)

 

 

(852

)

 

 

(1,011

)

December 31, 2021

 

 

(5,527

)

 

 

(3,547

)

 

 

(2,488

)

 

 

(22,359

)

 

 

(33,921

)

Depreciation charge

 

 

(2,039

)

 

 

(1,793

)

 

 

(1,942

)

 

 

(11,740

)

 

 

(17,514

)

Disposals

 

 

25

 

 

 

380

 

 

 

 

 

 

5,480

 

 

 

5,885

 

Foreign exchange translation

 

 

(43

)

 

 

(63

)

 

 

(67

)

 

 

(925

)

 

 

(1,098

)

December 31, 2022

 

 

(7,584

)

 

 

(5,023

)

 

 

(4,497

)

 

 

(29,544

)

 

 

(46,648

)

Carrying amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

11,419

 

 

 

5,275

 

 

 

15,579

 

 

 

93,776

 

 

 

126,049

 

December 31, 2022

 

 

17,360

 

 

 

6,180

 

 

 

15,633

 

 

 

89,922

 

 

 

129,095

 

Summary of Depreciation Charges

Depreciation charges are specified below:

 

 

2022

 

 

2021

 

 

2020

 

 

 

(EUR’000)

 

Depreciation charges

 

 

 

 

 

 

 

 

 

Cost of sales

 

 

1,245

 

 

 

252

 

 

 

 

Research and development costs

 

 

10,892

 

 

 

10,102

 

 

 

7,311

 

Selling, general and administrative expenses

 

 

5,377

 

 

 

4,592

 

 

 

2,137

 

Total depreciation charges

 

 

17,514

 

 

 

14,946

 

 

 

9,448