XML 94 R66.htm IDEA: XBRL DOCUMENT v3.25.0.1
Tax on Profit/(Loss) for the Year and Deferred Tax - Summary of Tax on Profit/Loss and Deferred Tax (Detail) - EUR (€)
€ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Tax on profit/(loss) for the year:      
Current tax (expense)/income € (3,289) € (5,377) € (3,723)
Current tax, adjustments to prior years (126) 3,904 (1,654)
Deferred tax, movement for the year (2,035) (1,044)  
Deferred tax, adjustments to prior years 607 (4,786)  
Current tax expense (income) and adjustments for current tax of prior periods (4,843) (7,303) (5,377)
Tax for the year can be explained as follows:      
Profit/(loss) before tax (373,241) (474,144) (577,817)
Tax at the Danish corporation tax rate of 22% 82,113 104,312 127,120
Tax effect of:      
Non-deductible costs (9,740) (8,494) (17,094)
Additional tax deductions 3,161 9,077 13,720
Impact from associates (4,413) (4,047) (3,893)
Prior year adjustments 481 (1,294)  
Other effects including effect of different tax rates 182 (882) (2,716)
Deferred tax asset, not recognized (76,627) (105,975) (122,514)
Tax on profit/(loss) for the year € (4,843) € (7,303) € (5,377)
Effective tax rate 1.30% 1.54% 0.93%
Tax deductible losses € 434,997 € 521,697 € 433,174
Other temporary differences, assets 164,479 16,256 19,961
Deferred tax asset, not recognized (599,476) (537,953) € (453,135)
Other temporary differences, liabilities (7,258) (5,830)  
Total deferred tax assets/(liabilities) at December 31 € (7,258) € (5,830)