XML 81 R44.htm IDEA: XBRL DOCUMENT
v3.21.1

Convertible Debt Instruments (Tables) - Convertible debt instruments | 12 Months Ended
--- | ---
Dec. 31, 2020
Disclosure of detailed information about borrowings [line items] |
Schedule of changes in the convertible debt instruments |
|  | Convertible loans
|  | (USD in thousands)
Carrying amount at January 1, 2018 |  | $ | —
Amount received in 2018 |  |  | 7,998
Fair value adjustment included in finance expenses |  |  | 684
Currency adjustment |  |  | (113)
Carrying amount at December 31, 2018 |  |  | 8,569
Amount received in 2019 |  |  | 152
Fair value adjustment included in finance expenses |  |  | 1,183
Currency adjustment |  |  | (209)
Converted to equity during 2019 |  |  | (9,695)
Carrying amount at December 31, 2019 |  | $ | —
Schedule of inputs used in the valuation of convertible debt instruments |
|  | Assumption |
|  | applied |
DKK/USD exchange rate |  |  | 0.154 |
Discount rate |  |  | Convertible Debt 1 – 39 | %
|  |  | Convertible Debt 2 – 25 | %
Probability of a qualifying financing event taking place |  |  | 95 | %
Evaxion share price |  | $ | 207 |
Schedule of sensitivity analysis of the convertible debt instruments |
|  | Impact on |  | Impact on
|  | Convertible Debt 1 |  | Convertible Debt 2
|  | (USD in thousands)
Exchange rate increased by 5% |  | $ | (48) |  | $ | (272)
Exchange rate decreased by 5% |  | $ | 48 |  | $ | 272
Discount rate decreased by 3% |  | $ | (24) |  | $ | (85)
Financing Event probability decreased by 25% |  | $ | (100) |  | $ | (40)
Share price increased by 10% |  | $ | (10) |  | $ | (39)
Share price decreased by 10% |  | $ | 10 |  | $ | 39

X
- Definition The disclosure of detailed information about borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_7&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the sensitivity analysis of the fair value measurement of liabilities to changes in unobservable inputs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2020-01-01 -Paragraph 93 -Subparagraph h -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2020-en-r&anchor=para_93_h&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfSensitivityAnalysisOfFairValueMeasurementToChangesInUnobservableInputsLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of significant inputs for which market data are not available and that are developed using the best information available about the assumptions that market participants would use when measuring the fair value of liabilities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2020-01-01 -Paragraph 93 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2020-en-r&anchor=para_93_d&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=evax_ConvertibleDebtsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |