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Employee Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Employee Compensation

Employee Compensation

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​	​	​	​	​	​
Onshore - presented within administrative expenses		​	​	​	​
EUR’000		Note	2023	2022	2021
Wages and salaries		​	16,957	8,873	6,637
Employer’s contribution to defined contribution plans		​	847	502	350
Share based payment expense		8	1,134	352	360
Other short-term benefits		​	611	178	145
​		​	19,549	9,905	7,492
Average number of full time employees		​	113	70	58

​

Employee compensation includes EUR 660 thousands related to bonus paid, included in transaction cost. For more information relate administrative expenses (Note 4).

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Offshore - presented within cost of sales		​	​	​	​
EUR’000	​	Note	2023	2022	2021
Wages and salaries		​	14,056	11,693	1,097
Employer’s contribution to defined contribution plans		​	1,124	1,082	60
Other short-term benefits		​	741	314	2
Total offshore employee compensation		​	15,921	13,089	1,159
Average number of full time employees		​	182	162	12

​

​	​	​	​	​	​
Total		​	​	​	​
EUR’000	​	Note	2023	2022	2021
Wages and salaries		​	31,013	20,566	7,734
Employer’s contribution to defined contribution plans		​	1,971	1,584	410
Share based payment expense		8	1,134	352	360
Other short-term benefits		​	1,352	492	147
Total employee compensation		​	35,470	22,994	8,651
Average number of full time employees	​	​	295	232	70
Number of employees at the end of the reporting period		​	570	232	206

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