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Share-Based Payment (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment [Abstract]  
Schedule of Expenses Recognized in Financial Statements The expenses recognized in the financial statements for services received from directors and employees is shown in the following table:
   Year ended December 31 
   2023   2022   2021 
   € thousand 
Expenses arising from share-based payment transactions   122    127    63 
Schedule of Black-Scholes Options Pricing Model The fair value of the options is estimated using a Black-Scholes options pricing model with the following weighted average assumptions:
   Year ended December 31 
   2023   2022   2021 
Dividend yield  0%  0%   0% 
Expected volatility   0.509    0.405    0.433 
Risk-free interest   4.92%   2.9%   0.48%
Expected life (in years)   2-3    2-3    2-3 
Exercise price   16.11    27.22    29.27 
Schedule of Weighted Average Fair Values and Exercise Price All options granted during 2023, 2022 and 2021 were granted with exercise price equal to or higher than the market price on the date of grant. Weighted average fair values and exercise price of options on dates of grant are as follows:
   Equal market price 
   2023   2022   2021 
   US$ 
Weighted average exercise prices   16.11    27.22    29.27 
                
Weighted average fair value on grant date   5.11    7.27    9.65 
Schedule of Number and Weighted Average Exercise Prices of Share Options The following table lists the number of share options, the weighted average exercise prices of share options during the current year:
    2023     2022     2021  
          Weighted           Weighted           Weighted  
          Average           average           Average  
    Number of     Exercise     Number of     exercise     Number of     Exercise  
    options     Price     options     price     options     Price  
          US$           US$           US$  
                                     
Outstanding at beginning of year     49,394       26.98       48,684       26.16       31,135       12.94  
Granted during the year     4,616       16       4,000       27.22       37,000       29.27  
Exercised during the year    
(-
 )    
-
       (3,290 )     11.19       (18,451 )     10.06  
Expired during the year    
(-
 )    
-
      
(-
 )    
-
       (1,000 )     26.63  
Outstanding at end of year     54,010       26.28       49,394       26.98       48,684       26.16  
                                                 
Exercisable at end of year     38,394       26.63       23,394       25.25       6,749       20.05