<?xml version="1.0" encoding="utf-8"?>
<!-- Created by:  XBRL Wizard, EasyX -->
<!-- Document created: 22-03-2022 12:19:18 -->
<!-- Version:  -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="http://www.esma.europa.eu/taxonomy/2020-03-16/esef_cor.xsd#esef_cor_NotesAccountingPoliciesAndMandatoryTags" xlink:label="esef_cor_NotesAccountingPoliciesAndMandatoryTags" xlink:title="esef_cor_NotesAccountingPoliciesAndMandatoryTags" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_NotesAccountingPoliciesAndMandatoryTags_da" xlink:title="label_NotesAccountingPoliciesAndMandatoryTags_da" xml:lang="da" id="label_NotesAccountingPoliciesAndMandatoryTags_da">Pladsholder for noter, anvendt regnskabspraksis og obligatoriske centrale taksonomielementer – dette felt SKAL anvendes som udgangspunkt for opmærkning af oplysninger i noterne til årsregnskabet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="esef_cor_NotesAccountingPoliciesAndMandatoryTags" xlink:to="label_NotesAccountingPoliciesAndMandatoryTags_da" xlink:title="label: esef_cor_NotesAccountingPoliciesAndMandatoryTags to labellabel_NotesAccountingPoliciesAndMandatoryTags_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification" xlink:label="ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification" xlink:title="ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_NameOfReportingEntityOrOtherMeansOfIdentification_da" xlink:title="label_NameOfReportingEntityOrOtherMeansOfIdentification_da" xml:lang="da" id="label_NameOfReportingEntityOrOtherMeansOfIdentification_da">Navn på regnskabsaflæggende virksomhed eller anden form for identifikation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification" xlink:to="label_NameOfReportingEntityOrOtherMeansOfIdentification_da" xlink:title="label: ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification to labellabel_NameOfReportingEntityOrOtherMeansOfIdentification_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AddressOfRegisteredOfficeOfEntity" xlink:label="ifrs-full_AddressOfRegisteredOfficeOfEntity" xlink:title="ifrs-full_AddressOfRegisteredOfficeOfEntity" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_AddressOfRegisteredOfficeOfEntity_da" xlink:title="label_AddressOfRegisteredOfficeOfEntity_da" xml:lang="da" id="label_AddressOfRegisteredOfficeOfEntity_da">Virksomhedens hjemsted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AddressOfRegisteredOfficeOfEntity" xlink:to="label_AddressOfRegisteredOfficeOfEntity_da" xlink:title="label: ifrs-full_AddressOfRegisteredOfficeOfEntity to labellabel_AddressOfRegisteredOfficeOfEntity_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DomicileOfEntity" xlink:label="ifrs-full_DomicileOfEntity" xlink:title="ifrs-full_DomicileOfEntity" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_DomicileOfEntity_da" xlink:title="label_DomicileOfEntity_da" xml:lang="da" id="label_DomicileOfEntity_da">Virksomhedens domicil</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DomicileOfEntity" xlink:to="label_DomicileOfEntity_da" xlink:title="label: ifrs-full_DomicileOfEntity to labellabel_DomicileOfEntity_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" xlink:title="ifrs-full_StatementOfFinancialPositionAbstract" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_StatementOfFinancialPositionAbstract_da" xlink:title="label_StatementOfFinancialPositionAbstract_da" xml:lang="da" id="label_StatementOfFinancialPositionAbstract_da">Opgørelse af finansiel stilling [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="label_StatementOfFinancialPositionAbstract_da" xlink:title="label: ifrs-full_StatementOfFinancialPositionAbstract to labellabel_StatementOfFinancialPositionAbstract_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="ifrs-full_Assets" xlink:title="ifrs-full_Assets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_Assets_da" xlink:title="label_Assets_da" xml:lang="da" id="label_Assets_da">Aktiver</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="label_Assets_da" xlink:title="label: ifrs-full_Assets to labellabel_Assets_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="label_Assets_daStart" xlink:title="label_Assets_da" xml:lang="da" id="label_Assets_daStart">Aktiver [primo]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="label_Assets_daStart" xlink:title="label: ifrs-full_Assets to labellabel_Assets_daStart" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="label_Assets_daEnd" xlink:title="label_Assets_da" xml:lang="da" id="label_Assets_daEnd">Aktiver [ultimo]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="label_Assets_daEnd" xlink:title="label: ifrs-full_Assets to labellabel_Assets_daEnd" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_Assets_datotal" xlink:title="label_Assets_da" xml:lang="da" id="label_Assets_datotal">Aktiver</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="label_Assets_datotal" xlink:title="label: ifrs-full_Assets to labellabel_Assets_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="ifrs-full_NoncurrentAssets" xlink:title="ifrs-full_NoncurrentAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_NoncurrentAssets_da" xlink:title="label_NoncurrentAssets_da" xml:lang="da" id="label_NoncurrentAssets_da">Anlægsaktiver</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="label_NoncurrentAssets_da" xlink:title="label: ifrs-full_NoncurrentAssets to labellabel_NoncurrentAssets_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_NoncurrentAssets_datotal" xlink:title="label_NoncurrentAssets_da" xml:lang="da" id="label_NoncurrentAssets_datotal">Anlægsaktiver</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="label_NoncurrentAssets_datotal" xlink:title="label: ifrs-full_NoncurrentAssets to labellabel_NoncurrentAssets_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentReceivablesFromSaleOfProperties" xlink:label="ifrs-full_NoncurrentReceivablesFromSaleOfProperties" xlink:title="ifrs-full_NoncurrentReceivablesFromSaleOfProperties" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_NoncurrentReceivablesFromSaleOfProperties_da" xlink:title="label_NoncurrentReceivablesFromSaleOfProperties_da" xml:lang="da" id="label_NoncurrentReceivablesFromSaleOfProperties_da">Langfristede tilgodehavender fra salg af ejendomme</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivablesFromSaleOfProperties" xlink:to="label_NoncurrentReceivablesFromSaleOfProperties_da" xlink:title="label: ifrs-full_NoncurrentReceivablesFromSaleOfProperties to labellabel_NoncurrentReceivablesFromSaleOfProperties_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="ifrs-full_CurrentAssets" xlink:title="ifrs-full_CurrentAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CurrentAssets_da" xlink:title="label_CurrentAssets_da" xml:lang="da" id="label_CurrentAssets_da">Omsætningsaktiver</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="label_CurrentAssets_da" xlink:title="label: ifrs-full_CurrentAssets to labellabel_CurrentAssets_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_CurrentAssets_datotal" xlink:title="label_CurrentAssets_da" xml:lang="da" id="label_CurrentAssets_datotal">Omsætningsaktiver</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="label_CurrentAssets_datotal" xlink:title="label: ifrs-full_CurrentAssets to labellabel_CurrentAssets_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivables" xlink:label="ifrs-full_TradeReceivables" xlink:title="ifrs-full_TradeReceivables" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_TradeReceivables_da" xlink:title="label_TradeReceivables_da" xml:lang="da" id="label_TradeReceivables_da">Tilgodehavender fra salg og tjenesteydelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="label_TradeReceivables_da" xlink:title="label: ifrs-full_TradeReceivables to labellabel_TradeReceivables_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxAssetsCurrent" xlink:label="ifrs-full_CurrentTaxAssetsCurrent" xlink:title="ifrs-full_CurrentTaxAssetsCurrent" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CurrentTaxAssetsCurrent_da" xlink:title="label_CurrentTaxAssetsCurrent_da" xml:lang="da" id="label_CurrentTaxAssetsCurrent_da">Aktuelle skatteaktiver, kortfristede</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxAssetsCurrent" xlink:to="label_CurrentTaxAssetsCurrent_da" xlink:title="label: ifrs-full_CurrentTaxAssetsCurrent to labellabel_CurrentTaxAssetsCurrent_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherReceivables" xlink:label="ifrs-full_OtherReceivables" xlink:title="ifrs-full_OtherReceivables" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_OtherReceivables_da" xlink:title="label_OtherReceivables_da" xml:lang="da" id="label_OtherReceivables_da">Andre tilgodehavender</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReceivables" xlink:to="label_OtherReceivables_da" xlink:title="label: ifrs-full_OtherReceivables to labellabel_OtherReceivables_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PrepaymentsAndAccruedIncome" xlink:label="ifrs-full_PrepaymentsAndAccruedIncome" xlink:title="ifrs-full_PrepaymentsAndAccruedIncome" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_PrepaymentsAndAccruedIncome_da" xlink:title="label_PrepaymentsAndAccruedIncome_da" xml:lang="da" id="label_PrepaymentsAndAccruedIncome_da">Forudbetalinger og periodiserede indtægter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PrepaymentsAndAccruedIncome" xlink:to="label_PrepaymentsAndAccruedIncome_da" xlink:title="label: ifrs-full_PrepaymentsAndAccruedIncome to labellabel_PrepaymentsAndAccruedIncome_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_PrepaymentsAndAccruedIncome_datotal" xlink:title="label_PrepaymentsAndAccruedIncome_da" xml:lang="da" id="label_PrepaymentsAndAccruedIncome_datotal">Forudbetalinger og periodiserede indtægter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PrepaymentsAndAccruedIncome" xlink:to="label_PrepaymentsAndAccruedIncome_datotal" xlink:title="label: ifrs-full_PrepaymentsAndAccruedIncome to labellabel_PrepaymentsAndAccruedIncome_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentReceivablesFromSaleOfProperties" xlink:label="ifrs-full_CurrentReceivablesFromSaleOfProperties" xlink:title="ifrs-full_CurrentReceivablesFromSaleOfProperties" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CurrentReceivablesFromSaleOfProperties_da" xlink:title="label_CurrentReceivablesFromSaleOfProperties_da" xml:lang="da" id="label_CurrentReceivablesFromSaleOfProperties_da">Kortfristede tilgodehavender fra salg af ejendomme</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentReceivablesFromSaleOfProperties" xlink:to="label_CurrentReceivablesFromSaleOfProperties_da" xlink:title="label: ifrs-full_CurrentReceivablesFromSaleOfProperties to labellabel_CurrentReceivablesFromSaleOfProperties_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents" xlink:title="ifrs-full_CashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CashAndCashEquivalents_da" xlink:title="label_CashAndCashEquivalents_da" xml:lang="da" id="label_CashAndCashEquivalents_da">Likvider</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_da" xlink:title="label: ifrs-full_CashAndCashEquivalents to labellabel_CashAndCashEquivalents_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="label_CashAndCashEquivalents_daStart" xlink:title="label_CashAndCashEquivalents_da" xml:lang="da" id="label_CashAndCashEquivalents_daStart">Likvider [primo]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_daStart" xlink:title="label: ifrs-full_CashAndCashEquivalents to labellabel_CashAndCashEquivalents_daStart" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="label_CashAndCashEquivalents_daEnd" xlink:title="label_CashAndCashEquivalents_da" xml:lang="da" id="label_CashAndCashEquivalents_daEnd">Likvider [ultimo]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_daEnd" xlink:title="label: ifrs-full_CashAndCashEquivalents to labellabel_CashAndCashEquivalents_daEnd" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_CashAndCashEquivalents_datotal" xlink:title="label_CashAndCashEquivalents_da" xml:lang="da" id="label_CashAndCashEquivalents_datotal">Likvider</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_datotal" xlink:title="label: ifrs-full_CashAndCashEquivalents to labellabel_CashAndCashEquivalents_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="ifrs-full_EquityAndLiabilities" xlink:title="ifrs-full_EquityAndLiabilities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_EquityAndLiabilities_da" xlink:title="label_EquityAndLiabilities_da" xml:lang="da" id="label_EquityAndLiabilities_da">Egenkapital og forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="label_EquityAndLiabilities_da" xlink:title="label: ifrs-full_EquityAndLiabilities to labellabel_EquityAndLiabilities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_EquityAndLiabilities_datotal" xlink:title="label_EquityAndLiabilities_da" xml:lang="da" id="label_EquityAndLiabilities_datotal">Egenkapital og forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="label_EquityAndLiabilities_datotal" xlink:title="label: ifrs-full_EquityAndLiabilities to labellabel_EquityAndLiabilities_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity" xlink:title="ifrs-full_Equity" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_Equity_da" xlink:title="label_Equity_da" xml:lang="da" id="label_Equity_da">Egenkapital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="label_Equity_da" xlink:title="label: ifrs-full_Equity to labellabel_Equity_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="label_Equity_daStart" xlink:title="label_Equity_da" xml:lang="da" id="label_Equity_daStart">Egenkapital [primo]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="label_Equity_daStart" xlink:title="label: ifrs-full_Equity to labellabel_Equity_daStart" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="label_Equity_daEnd" xlink:title="label_Equity_da" xml:lang="da" id="label_Equity_daEnd">Egenkapital [ultimo]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="label_Equity_daEnd" xlink:title="label: ifrs-full_Equity to labellabel_Equity_daEnd" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_Equity_datotal" xlink:title="label_Equity_da" xml:lang="da" id="label_Equity_datotal">Egenkapital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="label_Equity_datotal" xlink:title="label: ifrs-full_Equity to labellabel_Equity_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssuedCapital" xlink:label="ifrs-full_IssuedCapital" xlink:title="ifrs-full_IssuedCapital" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IssuedCapital_da" xlink:title="label_IssuedCapital_da" xml:lang="da" id="label_IssuedCapital_da">Udstedt selskabskapital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="label_IssuedCapital_da" xlink:title="label: ifrs-full_IssuedCapital to labellabel_IssuedCapital_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherReserves" xlink:label="ifrs-full_OtherReserves" xlink:title="ifrs-full_OtherReserves" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_OtherReserves_da" xlink:title="label_OtherReserves_da" xml:lang="da" id="label_OtherReserves_da">Andre reserver</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReserves" xlink:to="label_OtherReserves_da" xlink:title="label: ifrs-full_OtherReserves to labellabel_OtherReserves_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_OtherReserves_datotal" xlink:title="label_OtherReserves_da" xml:lang="da" id="label_OtherReserves_datotal">Andre reserver</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReserves" xlink:to="label_OtherReserves_datotal" xlink:title="label: ifrs-full_OtherReserves to labellabel_OtherReserves_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="NewCap-2021-12-31.xsd#NewCap_ReservesForFutureDistributionOfDividend" xlink:label="ReservesForFutureDistributionOfDividend" xlink:title="ReservesForFutureDistributionOfDividend" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ReservesForFutureDistributionOfDividend_da" xlink:title="label_ReservesForFutureDistributionOfDividend_da" xml:lang="da" id="label_ReservesForFutureDistributionOfDividend_da">Udbytte fond</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReservesForFutureDistributionOfDividend" xlink:to="label_ReservesForFutureDistributionOfDividend_da" xlink:title="label: ReservesForFutureDistributionOfDividend to labellabel_ReservesForFutureDistributionOfDividend_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="label_ReservesForFutureDistributionOfDividend_daStart" xlink:title="label_ReservesForFutureDistributionOfDividend_da" xml:lang="da" id="label_ReservesForFutureDistributionOfDividend_daStart">Udbytte fond</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReservesForFutureDistributionOfDividend" xlink:to="label_ReservesForFutureDistributionOfDividend_daStart" xlink:title="label: ReservesForFutureDistributionOfDividend to labellabel_ReservesForFutureDistributionOfDividend_daStart" order="20.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="label_ReservesForFutureDistributionOfDividend_daEnd" xlink:title="label_ReservesForFutureDistributionOfDividend_da" xml:lang="da" id="label_ReservesForFutureDistributionOfDividend_daEnd">Udbytte fond</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReservesForFutureDistributionOfDividend" xlink:to="label_ReservesForFutureDistributionOfDividend_daEnd" xlink:title="label: ReservesForFutureDistributionOfDividend to labellabel_ReservesForFutureDistributionOfDividend_daEnd" order="30.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarnings" xlink:label="ifrs-full_RetainedEarnings" xlink:title="ifrs-full_RetainedEarnings" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_RetainedEarnings_da" xlink:title="label_RetainedEarnings_da" xml:lang="da" id="label_RetainedEarnings_da">Overført resultat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarnings" xlink:to="label_RetainedEarnings_da" xlink:title="label: ifrs-full_RetainedEarnings to labellabel_RetainedEarnings_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Liabilities" xlink:label="ifrs-full_Liabilities" xlink:title="ifrs-full_Liabilities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_Liabilities_da" xlink:title="label_Liabilities_da" xml:lang="da" id="label_Liabilities_da">Forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="label_Liabilities_da" xlink:title="label: ifrs-full_Liabilities to labellabel_Liabilities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="label_Liabilities_danegated" xlink:title="label_Liabilities_da" xml:lang="da" id="label_Liabilities_danegated">Forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="label_Liabilities_danegated" xlink:title="label: ifrs-full_Liabilities to labellabel_Liabilities_danegated" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="label_Liabilities_daStart" xlink:title="label_Liabilities_da" xml:lang="da" id="label_Liabilities_daStart">Forpligtelser [primo]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="label_Liabilities_daStart" xlink:title="label: ifrs-full_Liabilities to labellabel_Liabilities_daStart" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="label_Liabilities_daEnd" xlink:title="label_Liabilities_da" xml:lang="da" id="label_Liabilities_daEnd">Forpligtelser [ultimo]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="label_Liabilities_daEnd" xlink:title="label: ifrs-full_Liabilities to labellabel_Liabilities_daEnd" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_Liabilities_datotal" xlink:title="label_Liabilities_da" xml:lang="da" id="label_Liabilities_datotal">Forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="label_Liabilities_datotal" xlink:title="label: ifrs-full_Liabilities to labellabel_Liabilities_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="ifrs-full_CurrentLiabilities" xlink:title="ifrs-full_CurrentLiabilities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CurrentLiabilities_da" xlink:title="label_CurrentLiabilities_da" xml:lang="da" id="label_CurrentLiabilities_da">Kortfristede forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="label_CurrentLiabilities_da" xlink:title="label: ifrs-full_CurrentLiabilities to labellabel_CurrentLiabilities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="label_CurrentLiabilities_danegated" xlink:title="label_CurrentLiabilities_da" xml:lang="da" id="label_CurrentLiabilities_danegated">Kortfristede forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="label_CurrentLiabilities_danegated" xlink:title="label: ifrs-full_CurrentLiabilities to labellabel_CurrentLiabilities_danegated" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_CurrentLiabilities_datotal" xlink:title="label_CurrentLiabilities_da" xml:lang="da" id="label_CurrentLiabilities_datotal">Kortfristede forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="label_CurrentLiabilities_datotal" xlink:title="label: ifrs-full_CurrentLiabilities to labellabel_CurrentLiabilities_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:title="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_TradeAndOtherCurrentPayablesToTradeSuppliers_da" xlink:title="label_TradeAndOtherCurrentPayablesToTradeSuppliers_da" xml:lang="da" id="label_TradeAndOtherCurrentPayablesToTradeSuppliers_da">Kortfristede leverandørforpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="label_TradeAndOtherCurrentPayablesToTradeSuppliers_da" xlink:title="label: ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers to labellabel_TradeAndOtherCurrentPayablesToTradeSuppliers_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentPayables" xlink:label="ifrs-full_OtherCurrentPayables" xlink:title="ifrs-full_OtherCurrentPayables" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_OtherCurrentPayables_da" xlink:title="label_OtherCurrentPayables_da" xml:lang="da" id="label_OtherCurrentPayables_da">Andre kortfristede forpligtelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentPayables" xlink:to="label_OtherCurrentPayables_da" xlink:title="label: ifrs-full_OtherCurrentPayables to labellabel_OtherCurrentPayables_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:title="ifrs-full_CurrentTaxLiabilitiesCurrent" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CurrentTaxLiabilitiesCurrent_da" xlink:title="label_CurrentTaxLiabilitiesCurrent_da" xml:lang="da" id="label_CurrentTaxLiabilitiesCurrent_da">Aktuelle skatteforpligtelser, kortfristede</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="label_CurrentTaxLiabilitiesCurrent_da" xlink:title="label: ifrs-full_CurrentTaxLiabilitiesCurrent to labellabel_CurrentTaxLiabilitiesCurrent_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="ifrs-full_IncomeStatementAbstract" xlink:title="ifrs-full_IncomeStatementAbstract" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IncomeStatementAbstract_da" xlink:title="label_IncomeStatementAbstract_da" xml:lang="da" id="label_IncomeStatementAbstract_da">Resultatet [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeStatementAbstract" xlink:to="label_IncomeStatementAbstract_da" xlink:title="label: ifrs-full_IncomeStatementAbstract to labellabel_IncomeStatementAbstract_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:title="ifrs-full_ProfitLossAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ProfitLossAttributableToOwnersOfParent_da" xlink:title="label_ProfitLossAttributableToOwnersOfParent_da" xml:lang="da" id="label_ProfitLossAttributableToOwnersOfParent_da">Resultat, som kan henføres til ejerne af modervirksomheden</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="label_ProfitLossAttributableToOwnersOfParent_da" xlink:title="label: ifrs-full_ProfitLossAttributableToOwnersOfParent to labellabel_ProfitLossAttributableToOwnersOfParent_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_ProfitLossAttributableToOwnersOfParent_datotal" xlink:title="label_ProfitLossAttributableToOwnersOfParent_da" xml:lang="da" id="label_ProfitLossAttributableToOwnersOfParent_datotal">Resultat, som kan henføres til ejerne af modervirksomheden</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="label_ProfitLossAttributableToOwnersOfParent_datotal" xlink:title="label: ifrs-full_ProfitLossAttributableToOwnersOfParent to labellabel_ProfitLossAttributableToOwnersOfParent_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="ifrs-full_ProfitLoss" xlink:title="ifrs-full_ProfitLoss" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ProfitLoss_da" xlink:title="label_ProfitLoss_da" xml:lang="da" id="label_ProfitLoss_da">Resultatet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="label_ProfitLoss_da" xlink:title="label: ifrs-full_ProfitLoss to labellabel_ProfitLoss_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_ProfitLoss_datotal" xlink:title="label_ProfitLoss_da" xml:lang="da" id="label_ProfitLoss_datotal">Resultatet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="label_ProfitLoss_datotal" xlink:title="label: ifrs-full_ProfitLoss to labellabel_ProfitLoss_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromContinuingOperations" xlink:label="ifrs-full_ProfitLossFromContinuingOperations" xlink:title="ifrs-full_ProfitLossFromContinuingOperations" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ProfitLossFromContinuingOperations_da" xlink:title="label_ProfitLossFromContinuingOperations_da" xml:lang="da" id="label_ProfitLossFromContinuingOperations_da">Resultat af fortsættende aktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperations" xlink:to="label_ProfitLossFromContinuingOperations_da" xlink:title="label: ifrs-full_ProfitLossFromContinuingOperations to labellabel_ProfitLossFromContinuingOperations_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_ProfitLossFromContinuingOperations_datotal" xlink:title="label_ProfitLossFromContinuingOperations_da" xml:lang="da" id="label_ProfitLossFromContinuingOperations_datotal">Resultat af fortsættende aktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperations" xlink:to="label_ProfitLossFromContinuingOperations_datotal" xlink:title="label: ifrs-full_ProfitLossFromContinuingOperations to labellabel_ProfitLossFromContinuingOperations_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ifrs-full_ProfitLossBeforeTax" xlink:title="ifrs-full_ProfitLossBeforeTax" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ProfitLossBeforeTax_da" xlink:title="label_ProfitLossBeforeTax_da" xml:lang="da" id="label_ProfitLossBeforeTax_da">Resultat før skat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="label_ProfitLossBeforeTax_da" xlink:title="label: ifrs-full_ProfitLossBeforeTax to labellabel_ProfitLossBeforeTax_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_ProfitLossBeforeTax_datotal" xlink:title="label_ProfitLossBeforeTax_da" xml:lang="da" id="label_ProfitLossBeforeTax_datotal">Resultat før skat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="label_ProfitLossBeforeTax_datotal" xlink:title="label: ifrs-full_ProfitLossBeforeTax to labellabel_ProfitLossBeforeTax_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="ifrs-full_ProfitLossFromOperatingActivities" xlink:title="ifrs-full_ProfitLossFromOperatingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ProfitLossFromOperatingActivities_da" xlink:title="label_ProfitLossFromOperatingActivities_da" xml:lang="da" id="label_ProfitLossFromOperatingActivities_da">Resultat af driftsaktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="label_ProfitLossFromOperatingActivities_da" xlink:title="label: ifrs-full_ProfitLossFromOperatingActivities to labellabel_ProfitLossFromOperatingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_ProfitLossFromOperatingActivities_datotal" xlink:title="label_ProfitLossFromOperatingActivities_da" xml:lang="da" id="label_ProfitLossFromOperatingActivities_datotal">Resultat af driftsaktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="label_ProfitLossFromOperatingActivities_datotal" xlink:title="label: ifrs-full_ProfitLossFromOperatingActivities to labellabel_ProfitLossFromOperatingActivities_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="NewCap-2021-12-31.xsd#NewCap_ResultOfOperatingBusiness" xlink:label="ResultOfOperatingBusiness" xlink:title="ResultOfOperatingBusiness" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ResultOfOperatingBusiness_da" xlink:title="label_ResultOfOperatingBusiness_da" xml:lang="da" id="label_ResultOfOperatingBusiness_da">Resultat af primær drift</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResultOfOperatingBusiness" xlink:to="label_ResultOfOperatingBusiness_da" xlink:title="label: ResultOfOperatingBusiness to labellabel_ResultOfOperatingBusiness_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_ResultOfOperatingBusiness_daTotal" xlink:title="label_ResultOfOperatingBusiness_da" xml:lang="da" id="label_ResultOfOperatingBusiness_daTotal">Resultat af primær drift</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResultOfOperatingBusiness" xlink:to="label_ResultOfOperatingBusiness_daTotal" xlink:title="label: ResultOfOperatingBusiness to labellabel_ResultOfOperatingBusiness_daTotal" order="20.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherExpenseByNature" xlink:label="ifrs-full_OtherExpenseByNature" xlink:title="ifrs-full_OtherExpenseByNature" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_OtherExpenseByNature_da" xlink:title="label_OtherExpenseByNature_da" xml:lang="da" id="label_OtherExpenseByNature_da">Andre omkostninger efter art</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByNature" xlink:to="label_OtherExpenseByNature_da" xlink:title="label: ifrs-full_OtherExpenseByNature to labellabel_OtherExpenseByNature_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="label_OtherExpenseByNature_daterse" xlink:title="label_OtherExpenseByNature_da" xml:lang="da" id="label_OtherExpenseByNature_daterse">Andre omkostninger efter art</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByNature" xlink:to="label_OtherExpenseByNature_daterse" xlink:title="label: ifrs-full_OtherExpenseByNature to labellabel_OtherExpenseByNature_daterse" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="label_OtherExpenseByNature_danegatedTerse" xlink:title="label_OtherExpenseByNature_da" xml:lang="da" id="label_OtherExpenseByNature_danegatedTerse">Andre omkostninger efter art</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByNature" xlink:to="label_OtherExpenseByNature_danegatedTerse" xlink:title="label: ifrs-full_OtherExpenseByNature to labellabel_OtherExpenseByNature_danegatedTerse" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EmployeeBenefitsExpense" xlink:label="ifrs-full_EmployeeBenefitsExpense" xlink:title="ifrs-full_EmployeeBenefitsExpense" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_EmployeeBenefitsExpense_da" xlink:title="label_EmployeeBenefitsExpense_da" xml:lang="da" id="label_EmployeeBenefitsExpense_da">Omkostninger vedrørende personaleydelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_da" xlink:title="label: ifrs-full_EmployeeBenefitsExpense to labellabel_EmployeeBenefitsExpense_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="label_EmployeeBenefitsExpense_danegated" xlink:title="label_EmployeeBenefitsExpense_da" xml:lang="da" id="label_EmployeeBenefitsExpense_danegated">Omkostninger vedrørende personaleydelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_danegated" xlink:title="label: ifrs-full_EmployeeBenefitsExpense to labellabel_EmployeeBenefitsExpense_danegated" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_EmployeeBenefitsExpense_datotal" xlink:title="label_EmployeeBenefitsExpense_da" xml:lang="da" id="label_EmployeeBenefitsExpense_datotal">Omkostninger vedrørende personaleydelser</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_datotal" xlink:title="label: ifrs-full_EmployeeBenefitsExpense to labellabel_EmployeeBenefitsExpense_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="ifrs-full_MiscellaneousOtherOperatingIncome" xlink:title="ifrs-full_MiscellaneousOtherOperatingIncome" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_MiscellaneousOtherOperatingIncome_da" xlink:title="label_MiscellaneousOtherOperatingIncome_da" xml:lang="da" id="label_MiscellaneousOtherOperatingIncome_da">Diverse andre driftsindtægter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingIncome" xlink:to="label_MiscellaneousOtherOperatingIncome_da" xlink:title="label: ifrs-full_MiscellaneousOtherOperatingIncome to labellabel_MiscellaneousOtherOperatingIncome_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:title="ifrs-full_MiscellaneousOtherOperatingExpense" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_MiscellaneousOtherOperatingExpense_da" xlink:title="label_MiscellaneousOtherOperatingExpense_da" xml:lang="da" id="label_MiscellaneousOtherOperatingExpense_da">Diverse andre driftsomkostninger</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="label_MiscellaneousOtherOperatingExpense_da" xlink:title="label: ifrs-full_MiscellaneousOtherOperatingExpense to labellabel_MiscellaneousOtherOperatingExpense_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncome" xlink:label="ifrs-full_FinanceIncome" xlink:title="ifrs-full_FinanceIncome" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_FinanceIncome_da" xlink:title="label_FinanceIncome_da" xml:lang="da" id="label_FinanceIncome_da">Finansieringsindtægter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncome" xlink:to="label_FinanceIncome_da" xlink:title="label: ifrs-full_FinanceIncome to labellabel_FinanceIncome_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceCosts" xlink:label="ifrs-full_FinanceCosts" xlink:title="ifrs-full_FinanceCosts" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_FinanceCosts_da" xlink:title="label_FinanceCosts_da" xml:lang="da" id="label_FinanceCosts_da">Finansieringsomkostninger</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="label_FinanceCosts_da" xlink:title="label: ifrs-full_FinanceCosts to labellabel_FinanceCosts_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="label_FinanceCosts_danegated" xlink:title="label_FinanceCosts_da" xml:lang="da" id="label_FinanceCosts_danegated">Finansieringsomkostninger</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="label_FinanceCosts_danegated" xlink:title="label: ifrs-full_FinanceCosts to labellabel_FinanceCosts_danegated" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:title="ifrs-full_IncomeTaxExpenseContinuingOperations" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IncomeTaxExpenseContinuingOperations_da" xlink:title="label_IncomeTaxExpenseContinuingOperations_da" xml:lang="da" id="label_IncomeTaxExpenseContinuingOperations_da">Skatteomkostning (skatteindtægt)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations_da" xlink:title="label: ifrs-full_IncomeTaxExpenseContinuingOperations to labellabel_IncomeTaxExpenseContinuingOperations_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_IncomeTaxExpenseContinuingOperations_datotal" xlink:title="label_IncomeTaxExpenseContinuingOperations_da" xml:lang="da" id="label_IncomeTaxExpenseContinuingOperations_datotal">Skatteomkostning (skatteindtægt)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations_datotal" xlink:title="label: ifrs-full_IncomeTaxExpenseContinuingOperations to labellabel_IncomeTaxExpenseContinuingOperations_datotal" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="label_IncomeTaxExpenseContinuingOperations_danegatedTerse" xlink:title="label_IncomeTaxExpenseContinuingOperations_da" xml:lang="da" id="label_IncomeTaxExpenseContinuingOperations_danegatedTerse">Skatteomkostning (skatteindtægt)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations_danegatedTerse" xlink:title="label: ifrs-full_IncomeTaxExpenseContinuingOperations to labellabel_IncomeTaxExpenseContinuingOperations_danegatedTerse" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:title="ifrs-full_ProfitLossFromDiscontinuedOperations" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ProfitLossFromDiscontinuedOperations_da" xlink:title="label_ProfitLossFromDiscontinuedOperations_da" xml:lang="da" id="label_ProfitLossFromDiscontinuedOperations_da">Resultat af ophørte aktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:to="label_ProfitLossFromDiscontinuedOperations_da" xlink:title="label: ifrs-full_ProfitLossFromDiscontinuedOperations to labellabel_ProfitLossFromDiscontinuedOperations_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="ifrs-full_BasicEarningsLossPerShare" xlink:title="ifrs-full_BasicEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_BasicEarningsLossPerShare_da" xlink:title="label_BasicEarningsLossPerShare_da" xml:lang="da" id="label_BasicEarningsLossPerShare_da">Indtjening (tab) pr. aktie</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="label_BasicEarningsLossPerShare_da" xlink:title="label: ifrs-full_BasicEarningsLossPerShare to labellabel_BasicEarningsLossPerShare_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_BasicEarningsLossPerShare_datotal" xlink:title="label_BasicEarningsLossPerShare_da" xml:lang="da" id="label_BasicEarningsLossPerShare_datotal">Indtjening (tab) pr. aktie</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="label_BasicEarningsLossPerShare_datotal" xlink:title="label: ifrs-full_BasicEarningsLossPerShare to labellabel_BasicEarningsLossPerShare_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="ifrs-full_DilutedEarningsLossPerShare" xlink:title="ifrs-full_DilutedEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_DilutedEarningsLossPerShare_da" xlink:title="label_DilutedEarningsLossPerShare_da" xml:lang="da" id="label_DilutedEarningsLossPerShare_da">Udvandet indtjening (tab) pr. aktie</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="label_DilutedEarningsLossPerShare_da" xlink:title="label: ifrs-full_DilutedEarningsLossPerShare to labellabel_DilutedEarningsLossPerShare_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_DilutedEarningsLossPerShare_datotal" xlink:title="label_DilutedEarningsLossPerShare_da" xml:lang="da" id="label_DilutedEarningsLossPerShare_datotal">Udvandet indtjening (tab) pr. aktie</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="label_DilutedEarningsLossPerShare_datotal" xlink:title="label: ifrs-full_DilutedEarningsLossPerShare to labellabel_DilutedEarningsLossPerShare_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:label="ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:title="ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_BasicEarningsLossPerShareFromContinuingOperations_da" xlink:title="label_BasicEarningsLossPerShareFromContinuingOperations_da" xml:lang="da" id="label_BasicEarningsLossPerShareFromContinuingOperations_da">Indtjening (tab) pr. aktie fra fortsættende aktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:to="label_BasicEarningsLossPerShareFromContinuingOperations_da" xlink:title="label: ifrs-full_BasicEarningsLossPerShareFromContinuingOperations to labellabel_BasicEarningsLossPerShareFromContinuingOperations_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:label="ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:title="ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_DilutedEarningsLossPerShareFromContinuingOperations_da" xlink:title="label_DilutedEarningsLossPerShareFromContinuingOperations_da" xml:lang="da" id="label_DilutedEarningsLossPerShareFromContinuingOperations_da">Udvandet indtjening (tab) pr. aktie fra fortsættende aktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:to="label_DilutedEarningsLossPerShareFromContinuingOperations_da" xlink:title="label: ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations to labellabel_DilutedEarningsLossPerShareFromContinuingOperations_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:label="ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:title="ifrs-full_StatementOfComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_StatementOfComprehensiveIncomeAbstract_da" xlink:title="label_StatementOfComprehensiveIncomeAbstract_da" xml:lang="da" id="label_StatementOfComprehensiveIncomeAbstract_da">Totalindkomstopgørelse [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="label_StatementOfComprehensiveIncomeAbstract_da" xlink:title="label: ifrs-full_StatementOfComprehensiveIncomeAbstract to labellabel_StatementOfComprehensiveIncomeAbstract_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:title="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ComprehensiveIncomeAttributableToOwnersOfParent_da" xlink:title="label_ComprehensiveIncomeAttributableToOwnersOfParent_da" xml:lang="da" id="label_ComprehensiveIncomeAttributableToOwnersOfParent_da">Totalindkomst, der kan henføres til ejere af modervirksomhed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="label_ComprehensiveIncomeAttributableToOwnersOfParent_da" xlink:title="label: ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent to labellabel_ComprehensiveIncomeAttributableToOwnersOfParent_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_ComprehensiveIncomeAttributableToOwnersOfParent_datotal" xlink:title="label_ComprehensiveIncomeAttributableToOwnersOfParent_da" xml:lang="da" id="label_ComprehensiveIncomeAttributableToOwnersOfParent_datotal">Totalindkomst, der kan henføres til ejere af modervirksomhed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="label_ComprehensiveIncomeAttributableToOwnersOfParent_datotal" xlink:title="label: ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent to labellabel_ComprehensiveIncomeAttributableToOwnersOfParent_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ifrs-full_ComprehensiveIncome" xlink:title="ifrs-full_ComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ComprehensiveIncome_da" xlink:title="label_ComprehensiveIncome_da" xml:lang="da" id="label_ComprehensiveIncome_da">Totalindkomst</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="label_ComprehensiveIncome_da" xlink:title="label: ifrs-full_ComprehensiveIncome to labellabel_ComprehensiveIncome_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_ComprehensiveIncome_datotal" xlink:title="label_ComprehensiveIncome_da" xml:lang="da" id="label_ComprehensiveIncome_datotal">Totalindkomst</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="label_ComprehensiveIncome_datotal" xlink:title="label: ifrs-full_ComprehensiveIncome to labellabel_ComprehensiveIncome_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="ifrs-full_OtherComprehensiveIncome" xlink:title="ifrs-full_OtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_OtherComprehensiveIncome_da" xlink:title="label_OtherComprehensiveIncome_da" xml:lang="da" id="label_OtherComprehensiveIncome_da">Øvrig totalindkomst</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="label_OtherComprehensiveIncome_da" xlink:title="label: ifrs-full_OtherComprehensiveIncome to labellabel_OtherComprehensiveIncome_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_OtherComprehensiveIncome_datotal" xlink:title="label_OtherComprehensiveIncome_da" xml:lang="da" id="label_OtherComprehensiveIncome_datotal">Øvrig totalindkomst</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="label_OtherComprehensiveIncome_datotal" xlink:title="label: ifrs-full_OtherComprehensiveIncome to labellabel_OtherComprehensiveIncome_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:title="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_da" xlink:title="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_da" xml:lang="da" id="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_da">Gevinster (tab) på valutakursforskelle hidrørende fra omregning efter skat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_da" xlink:title="label: ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax to labellabel_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:title="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_da" xlink:title="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_da" xml:lang="da" id="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_da">Omklassifikationsreguleringer vedrørende valutakursforskelle hidrørende fra omregning efter skat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_da" xlink:title="label: ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax to labellabel_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_danegated" xlink:title="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_da" xml:lang="da" id="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_danegated">Omklassifikationsreguleringer vedrørende valutakursforskelle hidrørende fra omregning efter skat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="label_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_danegated" xlink:title="label: ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax to labellabel_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_danegated" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" xlink:title="ifrs-full_StatementOfCashFlowsAbstract" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_StatementOfCashFlowsAbstract_da" xlink:title="label_StatementOfCashFlowsAbstract_da" xml:lang="da" id="label_StatementOfCashFlowsAbstract_da">Pengestrømsopgørelse [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="label_StatementOfCashFlowsAbstract_da" xlink:title="label: ifrs-full_StatementOfCashFlowsAbstract to labellabel_StatementOfCashFlowsAbstract_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:title="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalents_da" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalents_da" xml:lang="da" id="label_IncreaseDecreaseInCashAndCashEquivalents_da">Stigning (fald) i likvider</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalents_da" xlink:title="label: ifrs-full_IncreaseDecreaseInCashAndCashEquivalents to labellabel_IncreaseDecreaseInCashAndCashEquivalents_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalents_danet" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalents_da" xml:lang="da" id="label_IncreaseDecreaseInCashAndCashEquivalents_danet">Stigning (fald) i likvider</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalents_danet" xlink:title="label: ifrs-full_IncreaseDecreaseInCashAndCashEquivalents to labellabel_IncreaseDecreaseInCashAndCashEquivalents_danet" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalents_datotal" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalents_da" xml:lang="da" id="label_IncreaseDecreaseInCashAndCashEquivalents_datotal">Stigning (fald) i likvider</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="label_IncreaseDecreaseInCashAndCashEquivalents_datotal" xlink:title="label: ifrs-full_IncreaseDecreaseInCashAndCashEquivalents to labellabel_IncreaseDecreaseInCashAndCashEquivalents_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:title="ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CashFlowsFromUsedInOperatingActivities_da" xlink:title="label_CashFlowsFromUsedInOperatingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInOperatingActivities_da">Pengestrømme fra (anvendt i) driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="label_CashFlowsFromUsedInOperatingActivities_da" xlink:title="label: ifrs-full_CashFlowsFromUsedInOperatingActivities to labellabel_CashFlowsFromUsedInOperatingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="label_CashFlowsFromUsedInOperatingActivities_danet" xlink:title="label_CashFlowsFromUsedInOperatingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInOperatingActivities_danet">Pengestrømme fra (anvendt i) driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="label_CashFlowsFromUsedInOperatingActivities_danet" xlink:title="label: ifrs-full_CashFlowsFromUsedInOperatingActivities to labellabel_CashFlowsFromUsedInOperatingActivities_danet" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/commentaryGuidance" xlink:label="label_CashFlowsFromUsedInOperatingActivities_dacommentaryGuidance" xlink:title="label_CashFlowsFromUsedInOperatingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInOperatingActivities_dacommentaryGuidance">Pengestrømme fra (anvendt i) driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="label_CashFlowsFromUsedInOperatingActivities_dacommentaryGuidance" xlink:title="label: ifrs-full_CashFlowsFromUsedInOperatingActivities to labellabel_CashFlowsFromUsedInOperatingActivities_dacommentaryGuidance" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_CashFlowsFromUsedInOperatingActivities_datotal" xlink:title="label_CashFlowsFromUsedInOperatingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInOperatingActivities_datotal">Pengestrømme fra (anvendt i) driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="label_CashFlowsFromUsedInOperatingActivities_datotal" xlink:title="label: ifrs-full_CashFlowsFromUsedInOperatingActivities to labellabel_CashFlowsFromUsedInOperatingActivities_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAdjustmentsForNoncashItems" xlink:label="ifrs-full_OtherAdjustmentsForNoncashItems" xlink:title="ifrs-full_OtherAdjustmentsForNoncashItems" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_OtherAdjustmentsForNoncashItems_da" xlink:title="label_OtherAdjustmentsForNoncashItems_da" xml:lang="da" id="label_OtherAdjustmentsForNoncashItems_da">Andre reguleringer for poster, der ikke har medført ind- eller udbetalinger</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAdjustmentsForNoncashItems" xlink:to="label_OtherAdjustmentsForNoncashItems_da" xlink:title="label: ifrs-full_OtherAdjustmentsForNoncashItems to labellabel_OtherAdjustmentsForNoncashItems_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:title="ifrs-full_InterestPaidClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_InterestPaidClassifiedAsOperatingActivities_da" xlink:title="label_InterestPaidClassifiedAsOperatingActivities_da" xml:lang="da" id="label_InterestPaidClassifiedAsOperatingActivities_da">Rentebetalinger, klassificeret som driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="label_InterestPaidClassifiedAsOperatingActivities_da" xlink:title="label: ifrs-full_InterestPaidClassifiedAsOperatingActivities to labellabel_InterestPaidClassifiedAsOperatingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="label_InterestPaidClassifiedAsOperatingActivities_danegatedTerse" xlink:title="label_InterestPaidClassifiedAsOperatingActivities_da" xml:lang="da" id="label_InterestPaidClassifiedAsOperatingActivities_danegatedTerse">Rentebetalinger, klassificeret som driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="label_InterestPaidClassifiedAsOperatingActivities_danegatedTerse" xlink:title="label: ifrs-full_InterestPaidClassifiedAsOperatingActivities to labellabel_InterestPaidClassifiedAsOperatingActivities_danegatedTerse" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:label="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:title="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_DividendsReceivedClassifiedAsOperatingActivities_da" xlink:title="label_DividendsReceivedClassifiedAsOperatingActivities_da" xml:lang="da" id="label_DividendsReceivedClassifiedAsOperatingActivities_da">Modtaget udbytte, klassificeret som driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:to="label_DividendsReceivedClassifiedAsOperatingActivities_da" xlink:title="label: ifrs-full_DividendsReceivedClassifiedAsOperatingActivities to labellabel_DividendsReceivedClassifiedAsOperatingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="label_DividendsReceivedClassifiedAsOperatingActivities_daterse" xlink:title="label_DividendsReceivedClassifiedAsOperatingActivities_da" xml:lang="da" id="label_DividendsReceivedClassifiedAsOperatingActivities_daterse">Modtaget udbytte, klassificeret som driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:to="label_DividendsReceivedClassifiedAsOperatingActivities_daterse" xlink:title="label: ifrs-full_DividendsReceivedClassifiedAsOperatingActivities to labellabel_DividendsReceivedClassifiedAsOperatingActivities_daterse" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:title="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_da" xlink:title="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_da" xml:lang="da" id="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_da">Betalte indkomstskatter (tilbagebetalte indkomstskatter), klassificeret som driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_da" xlink:title="label: ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities to labellabel_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_danegatedTerse" xlink:title="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_da" xml:lang="da" id="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_danegatedTerse">Betalte indkomstskatter (tilbagebetalte indkomstskatter), klassificeret som driftsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_danegatedTerse" xlink:title="label: ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities to labellabel_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_danegatedTerse" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:title="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_da" xlink:title="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_da" xml:lang="da" id="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_da">Regulering for fald (stigning) i tilgodehavender vedrørende handel</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_da" xlink:title="label: ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable to labellabel_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:title="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_da" xlink:title="label_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_da" xml:lang="da" id="label_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_da">Regulering for fald (stigning) i andre tilgodehavender vedrørende driften</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:to="label_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_da" xlink:title="label: ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables to labellabel_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_da" xlink:title="label_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_da" xml:lang="da" id="label_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_da">Regulering for stigning (fald) i andre forpligtelser vedrørende handel</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:to="label_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_da" xlink:title="label: ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable to labellabel_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_da" xlink:title="label_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_da" xml:lang="da" id="label_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_da">Regulering for stigning (fald) i andre forpligtelser vedrørende driften</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:to="label_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_da" xlink:title="label: ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables to labellabel_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:title="ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CashFlowsFromUsedInInvestingActivities_da" xlink:title="label_CashFlowsFromUsedInInvestingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInInvestingActivities_da">Pengestrømme fra (anvendt i) investeringsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="label_CashFlowsFromUsedInInvestingActivities_da" xlink:title="label: ifrs-full_CashFlowsFromUsedInInvestingActivities to labellabel_CashFlowsFromUsedInInvestingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="label_CashFlowsFromUsedInInvestingActivities_danet" xlink:title="label_CashFlowsFromUsedInInvestingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInInvestingActivities_danet">Pengestrømme fra (anvendt i) investeringsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="label_CashFlowsFromUsedInInvestingActivities_danet" xlink:title="label: ifrs-full_CashFlowsFromUsedInInvestingActivities to labellabel_CashFlowsFromUsedInInvestingActivities_danet" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_CashFlowsFromUsedInInvestingActivities_datotal" xlink:title="label_CashFlowsFromUsedInInvestingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInInvestingActivities_datotal">Pengestrømme fra (anvendt i) investeringsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="label_CashFlowsFromUsedInInvestingActivities_datotal" xlink:title="label: ifrs-full_CashFlowsFromUsedInInvestingActivities to labellabel_CashFlowsFromUsedInInvestingActivities_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:title="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_da" xlink:title="label_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_da" xml:lang="da" id="label_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_da">Pengestrømme fra tab af bestemmende indflydelse på dattervirksomheder eller andre virksomheder, klassificeret som investeringsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="label_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_da" xlink:title="label: ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities to labellabel_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="label_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_daterse" xlink:title="label_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_da" xml:lang="da" id="label_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_daterse">Pengestrømme fra tab af bestemmende indflydelse på dattervirksomheder eller andre virksomheder, klassificeret som investeringsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="label_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_daterse" xlink:title="label: ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities to labellabel_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_daterse" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="NewCap-2021-12-31.xsd#NewCap_ReceivedPaymentsFromEarnOut" xlink:label="ReceivedPaymentsFromEarnOut" xlink:title="ReceivedPaymentsFromEarnOut" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ReceivedPaymentsFromEarnOut_da" xlink:title="label_ReceivedPaymentsFromEarnOut_da" xml:lang="da" id="label_ReceivedPaymentsFromEarnOut_da">Modtagne betalinger fra earn out</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivedPaymentsFromEarnOut" xlink:to="label_ReceivedPaymentsFromEarnOut_da" xlink:title="label: ReceivedPaymentsFromEarnOut to labellabel_ReceivedPaymentsFromEarnOut_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:title="ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_CashFlowsFromUsedInFinancingActivities_da" xlink:title="label_CashFlowsFromUsedInFinancingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInFinancingActivities_da">Pengestrømme fra (anvendt i) finansieringsaktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="label_CashFlowsFromUsedInFinancingActivities_da" xlink:title="label: ifrs-full_CashFlowsFromUsedInFinancingActivities to labellabel_CashFlowsFromUsedInFinancingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="label_CashFlowsFromUsedInFinancingActivities_danet" xlink:title="label_CashFlowsFromUsedInFinancingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInFinancingActivities_danet">Pengestrømme fra (anvendt i) finansieringsaktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="label_CashFlowsFromUsedInFinancingActivities_danet" xlink:title="label: ifrs-full_CashFlowsFromUsedInFinancingActivities to labellabel_CashFlowsFromUsedInFinancingActivities_danet" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_CashFlowsFromUsedInFinancingActivities_datotal" xlink:title="label_CashFlowsFromUsedInFinancingActivities_da" xml:lang="da" id="label_CashFlowsFromUsedInFinancingActivities_datotal">Pengestrømme fra (anvendt i) finansieringsaktiviteter</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="label_CashFlowsFromUsedInFinancingActivities_datotal" xlink:title="label: ifrs-full_CashFlowsFromUsedInFinancingActivities to labellabel_CashFlowsFromUsedInFinancingActivities_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:title="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_DividendsPaidClassifiedAsFinancingActivities_da" xlink:title="label_DividendsPaidClassifiedAsFinancingActivities_da" xml:lang="da" id="label_DividendsPaidClassifiedAsFinancingActivities_da">Udbetalt udbytte, klassificeret som finansieringsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="label_DividendsPaidClassifiedAsFinancingActivities_da" xlink:title="label: ifrs-full_DividendsPaidClassifiedAsFinancingActivities to labellabel_DividendsPaidClassifiedAsFinancingActivities_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="label_DividendsPaidClassifiedAsFinancingActivities_danegatedTerse" xlink:title="label_DividendsPaidClassifiedAsFinancingActivities_da" xml:lang="da" id="label_DividendsPaidClassifiedAsFinancingActivities_danegatedTerse">Udbetalt udbytte, klassificeret som finansieringsaktivitet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="label_DividendsPaidClassifiedAsFinancingActivities_danegatedTerse" xlink:title="label: ifrs-full_DividendsPaidClassifiedAsFinancingActivities to labellabel_DividendsPaidClassifiedAsFinancingActivities_danegatedTerse" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:title="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_EffectOfExchangeRateChangesOnCashAndCashEquivalents_da" xlink:title="label_EffectOfExchangeRateChangesOnCashAndCashEquivalents_da" xml:lang="da" id="label_EffectOfExchangeRateChangesOnCashAndCashEquivalents_da">Virkning af valutakursændringer på likvider</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="label_EffectOfExchangeRateChangesOnCashAndCashEquivalents_da" xlink:title="label: ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents to labellabel_EffectOfExchangeRateChangesOnCashAndCashEquivalents_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityAbstract" xlink:label="ifrs-full_StatementOfChangesInEquityAbstract" xlink:title="ifrs-full_StatementOfChangesInEquityAbstract" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_StatementOfChangesInEquityAbstract_da" xlink:title="label_StatementOfChangesInEquityAbstract_da" xml:lang="da" id="label_StatementOfChangesInEquityAbstract_da">Egenkapitalopgørelse [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="label_StatementOfChangesInEquityAbstract_da" xlink:title="label: ifrs-full_StatementOfChangesInEquityAbstract to labellabel_StatementOfChangesInEquityAbstract_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="ifrs-full_StatementOfChangesInEquityTable" xlink:title="ifrs-full_StatementOfChangesInEquityTable" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_StatementOfChangesInEquityTable_da" xlink:title="label_StatementOfChangesInEquityTable_da" xml:lang="da" id="label_StatementOfChangesInEquityTable_da">Egenkapitalopgørelse [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityTable" xlink:to="label_StatementOfChangesInEquityTable_da" xlink:title="label: ifrs-full_StatementOfChangesInEquityTable to labellabel_StatementOfChangesInEquityTable_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="ifrs-full_ComponentsOfEquityAxis" xlink:title="ifrs-full_ComponentsOfEquityAxis" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ComponentsOfEquityAxis_da" xlink:title="label_ComponentsOfEquityAxis_da" xml:lang="da" id="label_ComponentsOfEquityAxis_da">Egenkapitalelementer [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="label_ComponentsOfEquityAxis_da" xlink:title="label: ifrs-full_ComponentsOfEquityAxis to labellabel_ComponentsOfEquityAxis_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="ifrs-full_EquityMember" xlink:title="ifrs-full_EquityMember" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_EquityMember_da" xlink:title="label_EquityMember_da" xml:lang="da" id="label_EquityMember_da">Egenkapital [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityMember" xlink:to="label_EquityMember_da" xlink:title="label: ifrs-full_EquityMember to labellabel_EquityMember_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssuedCapitalMember" xlink:label="ifrs-full_IssuedCapitalMember" xlink:title="ifrs-full_IssuedCapitalMember" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IssuedCapitalMember_da" xlink:title="label_IssuedCapitalMember_da" xml:lang="da" id="label_IssuedCapitalMember_da">Udstedt selskabskapital [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapitalMember" xlink:to="label_IssuedCapitalMember_da" xlink:title="label: ifrs-full_IssuedCapitalMember to labellabel_IssuedCapitalMember_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:title="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ReserveOfExchangeDifferencesOnTranslationMember_da" xlink:title="label_ReserveOfExchangeDifferencesOnTranslationMember_da" xml:lang="da" id="label_ReserveOfExchangeDifferencesOnTranslationMember_da">Valutaomregningsreserve [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="label_ReserveOfExchangeDifferencesOnTranslationMember_da" xlink:title="label: ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember to labellabel_ReserveOfExchangeDifferencesOnTranslationMember_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="NewCap-2021-12-31.xsd#NewCap_ReservesForFutureDistributionOfDividendMember" xlink:label="ReservesForFutureDistributionOfDividendMember" xlink:title="ReservesForFutureDistributionOfDividendMember" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_ReservesForFutureDistributionOfDividendMember_da" xlink:title="label_ReservesForFutureDistributionOfDividendMember_da" xml:lang="da" id="label_ReservesForFutureDistributionOfDividendMember_da">Udbytte fond</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReservesForFutureDistributionOfDividendMember" xlink:to="label_ReservesForFutureDistributionOfDividendMember_da" xlink:title="label: ReservesForFutureDistributionOfDividendMember to labellabel_ReservesForFutureDistributionOfDividendMember_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarningsMember" xlink:label="ifrs-full_RetainedEarningsMember" xlink:title="ifrs-full_RetainedEarningsMember" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_RetainedEarningsMember_da" xlink:title="label_RetainedEarningsMember_da" xml:lang="da" id="label_RetainedEarningsMember_da">Overført resultat [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarningsMember" xlink:to="label_RetainedEarningsMember_da" xlink:title="label: ifrs-full_RetainedEarningsMember to labellabel_RetainedEarningsMember_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:label="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:title="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IncreaseDecreaseThroughTransactionsWithOwners_da" xlink:title="label_IncreaseDecreaseThroughTransactionsWithOwners_da" xml:lang="da" id="label_IncreaseDecreaseThroughTransactionsWithOwners_da">Stigning (fald) gennem transaktioner med ejere, egenkapital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:to="label_IncreaseDecreaseThroughTransactionsWithOwners_da" xlink:title="label: ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners to labellabel_IncreaseDecreaseThroughTransactionsWithOwners_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="label_IncreaseDecreaseThroughTransactionsWithOwners_datotal" xlink:title="label_IncreaseDecreaseThroughTransactionsWithOwners_da" xml:lang="da" id="label_IncreaseDecreaseThroughTransactionsWithOwners_datotal">Stigning (fald) gennem transaktioner med ejere, egenkapital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:to="label_IncreaseDecreaseThroughTransactionsWithOwners_datotal" xlink:title="label: ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners to labellabel_IncreaseDecreaseThroughTransactionsWithOwners_datotal" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:title="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_da" xlink:title="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_da" xml:lang="da" id="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_da">Stigning (fald) gennem andre ændringer, egenkapital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_da" xlink:title="label: ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity to labellabel_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_da" order="10.0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:title="ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="label_IncreaseDecreaseThroughOtherDistributionsToOwners_da" xlink:title="label_IncreaseDecreaseThroughOtherDistributionsToOwners_da" xml:lang="da" id="label_IncreaseDecreaseThroughOtherDistributionsToOwners_da">Fald gennem andre udlodninger til ejere, egenkapital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:to="label_IncreaseDecreaseThroughOtherDistributionsToOwners_da" xlink:title="label: ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners to labellabel_IncreaseDecreaseThroughOtherDistributionsToOwners_da" order="10.0" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="label_IncreaseDecreaseThroughOtherDistributionsToOwners_danegated" xlink:title="label_IncreaseDecreaseThroughOtherDistributionsToOwners_da" xml:lang="da" id="label_IncreaseDecreaseThroughOtherDistributionsToOwners_danegated">Fald gennem andre udlodninger til ejere, egenkapital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:to="label_IncreaseDecreaseThroughOtherDistributionsToOwners_danegated" xlink:title="label: ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners to labellabel_IncreaseDecreaseThroughOtherDistributionsToOwners_danegated" order="10.0" />
  </link:labelLink>
</link:linkbase>