{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"DSV": "http://xbrl.dsv.com/2023-12-31",
"ifrs-full": "https://xbrl.ifrs.org/taxonomy/2022-03-24/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://xbrl.dsv.com/2023-12-31/DSV-2023-12-31.xsd"
]
},
"facts": {
"s10_notesesefdkgaap__7__5": {
"value": "We connect companies with the world and ensure smooth and efficient storage and transport of their goods. By air, sea and road.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"f11375": {
"value": "150785000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11378": {
"value": "235665000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11385": {
"value": "106967000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:DirectCostsIncludingHourlyWorkers",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11388": {
"value": "183516000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:DirectCostsIncludingHourlyWorkers",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11394": {
"value": "43818000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:GrossProfitExcludingDepreciationAmortisationAndEmployeeBenefitsExpenseOtherThanHourlyWorkers",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11397": {
"value": "52149000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:GrossProfitExcludingDepreciationAmortisationAndEmployeeBenefitsExpenseOtherThanHourlyWorkers",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11404": {
"value": "4838000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:OtherExternalExpenses",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11407": {
"value": "5559000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:OtherExternalExpenses",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11414": {
"value": "15983000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:EmployeeBenefitsExpenseOtherThanHourlyWorkers",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11417": {
"value": "16315000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:EmployeeBenefitsExpenseOtherThanHourlyWorkers",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11428": {
"value": "22997000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:ProfitLossFromOperatingActivitiesBeforeInterestTaxesDepreciationAndAmortisationExpenseBeforeSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11431": {
"value": "30275000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:ProfitLossFromOperatingActivitiesBeforeInterestTaxesDepreciationAndAmortisationExpenseBeforeSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11437": {
"value": "5274000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11440": {
"value": "5071000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11447": {
"value": "17723000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:ProfitLossFromOperatingActivitiesBeforeSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11450": {
"value": "25204000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:ProfitLossFromOperatingActivitiesBeforeSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11457": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "DSV:SpecialItemsExpense",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11460": {
"value": "1117000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:SpecialItemsExpense",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11466": {
"value": "473000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11469": {
"value": "606000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11475": {
"value": "1706000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11478": {
"value": "1472000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11485": {
"value": "16490000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11488": {
"value": "23221000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11496": {
"value": "4083000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11499": {
"value": "5550000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11506": {
"value": "12407000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11509": {
"value": "17671000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11517": {
"value": "12315000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11520": {
"value": "17568000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11526": {
"value": "92000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11529": {
"value": "103000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11540": {
"value": "57.7",
"decimals": 1,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"f11543": {
"value": "77.3",
"decimals": 1,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"f11550": {
"value": "57.1",
"decimals": 1,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"f11553": {
"value": "76.2",
"decimals": 1,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"f11566": {
"value": "12407000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11569": {
"value": "17671000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11585": {
"value": "-1626000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11588": {
"value": "1260000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11592": {
"value": "-10000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11595": {
"value": "9000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11604": {
"value": "5000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxFinanceIncomeCost",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11607": {
"value": "-9000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxFinanceIncomeCost",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11616": {
"value": "-6000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11619": {
"value": "2000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11629": {
"value": "-398000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11632": {
"value": "-395000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11640": {
"value": "-75000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11643": {
"value": "-54000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11650": {
"value": "-1958000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11653": {
"value": "935000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11660": {
"value": "10449000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11663": {
"value": "18606000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11672": {
"value": "10363000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11675": {
"value": "18500000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11681": {
"value": "86000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11684": {
"value": "106000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11689": {
"value": "10449000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11692": {
"value": "18606000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11736": {
"value": "22997000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:ProfitLossFromOperatingActivitiesBeforeInterestTaxesDepreciationAndAmortisationExpenseBeforeSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11739": {
"value": "30275000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:ProfitLossFromOperatingActivitiesBeforeInterestTaxesDepreciationAndAmortisationExpenseBeforeSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11746": {
"value": "267000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForSharebasedPayments",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11749": {
"value": "202000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForSharebasedPayments",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11753": {
"value": "-704000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForProvisions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11756": {
"value": "520000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForProvisions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11760": {
"value": "-826000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11763": {
"value": "-2840000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11769": {
"value": "263000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:AdjustmentsForSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11772": {
"value": "664000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:AdjustmentsForSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11781": {
"value": "473000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11784": {
"value": "323000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11791": {
"value": "851000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:InterestPaidOnLeaseLiabilitiesClassifiedAsOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11794": {
"value": "727000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:InterestPaidOnLeaseLiabilitiesClassifiedAsOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11802": {
"value": "698000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:InterestPaidOtherThanLeaseLiabilitiesClassifiedAsOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11805": {
"value": "745000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:InterestPaidOtherThanLeaseLiabilitiesClassifiedAsOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11811": {
"value": "5589000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11814": {
"value": "5178000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11820": {
"value": "16458000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11823": {
"value": "26846000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11830": {
"value": "345000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11833": {
"value": "280000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11840": {
"value": "2030000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11843": {
"value": "1514000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11849": {
"value": "1258000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11852": {
"value": "824000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11858": {
"value": "685000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11861": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11865": {
"value": "228000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:IncreaseDecreaseInOtherFinancialAssetsClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11868": {
"value": "-4000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:IncreaseDecreaseInOtherFinancialAssetsClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11873": {
"value": "-2030000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11876": {
"value": "-966000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11881": {
"value": "14428000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:CashFlowsFromUsedInOperatingAndInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11884": {
"value": "25880000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:CashFlowsFromUsedInOperatingAndInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11893": {
"value": "212000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11896": {
"value": "4393000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11903": {
"value": "327000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11906": {
"value": "3719000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11912": {
"value": "3905000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11915": {
"value": "3734000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11920": {
"value": "108000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11923": {
"value": "-161000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11941": {
"value": "1424000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11944": {
"value": "1320000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11952": {
"value": "13997000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11955": {
"value": "20313000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11962": {
"value": "1794000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11965": {
"value": "618000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11976": {
"value": "-35000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:OtherTransactionsWithShareholdersClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11979": {
"value": "-9000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:OtherTransactionsWithShareholdersClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11984": {
"value": "-17574000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11987": {
"value": "-24245000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11992": {
"value": "-3146000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11995": {
"value": "1635000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f11999": {
"value": "10160000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12002": {
"value": "8299000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12006": {
"value": "-3146000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12009": {
"value": "1635000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12014": {
"value": "-562000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12017": {
"value": "226000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12024": {
"value": "6452000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12027": {
"value": "10160000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12047": {
"value": "14428000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:CashFlowsFromUsedInOperatingAndInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12050": {
"value": "25880000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:CashFlowsFromUsedInOperatingAndInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12057": {
"value": "685000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12060": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12067": {
"value": "263000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:AdjustmentsForSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12070": {
"value": "664000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:AdjustmentsForSpecialItems",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12076": {
"value": "3905000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12079": {
"value": "3734000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12085": {
"value": "11471000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:AdjustedFreeCashFlow",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12088": {
"value": "22810000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:AdjustedFreeCashFlow",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12134": {
"value": "77106000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12137": {
"value": "77674000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12144": {
"value": "15655000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12147": {
"value": "14694000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12154": {
"value": "6214000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12157": {
"value": "6284000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12162": {
"value": "2461000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentReceivables",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12165": {
"value": "2461000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentReceivables",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12173": {
"value": "3300000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12176": {
"value": "3494000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12182": {
"value": "104736000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12185": {
"value": "104607000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12194": {
"value": "22296000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12197": {
"value": "32387000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12203": {
"value": "4985000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentContractAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12206": {
"value": "5785000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentContractAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12212": {
"value": "4314000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12215": {
"value": "1889000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12220": {
"value": "4283000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12223": {
"value": "4179000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12229": {
"value": "6452000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12232": {
"value": "10160000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12236": {
"value": "44000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12239": {
"value": "38000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12245": {
"value": "42374000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12248": {
"value": "54438000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12254": {
"value": "147110000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12257": {
"value": "159045000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12271": {
"value": "219000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12274": {
"value": "219000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12280": {
"value": "-718000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherReserves",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12283": {
"value": "919000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherReserves",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12288": {
"value": "69202000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12291": {
"value": "70381000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12298": {
"value": "68703000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12301": {
"value": "71519000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12307": {
"value": "263000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12310": {
"value": "222000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12317": {
"value": "68966000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12320": {
"value": "71741000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12326": {
"value": "14139000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12329": {
"value": "13190000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12336": {
"value": "20004000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12339": {
"value": "21398000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12346": {
"value": "1281000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12349": {
"value": "1183000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12356": {
"value": "3772000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherLongtermProvisions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12359": {
"value": "4260000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherLongtermProvisions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12367": {
"value": "609000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12370": {
"value": "504000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12376": {
"value": "39805000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12379": {
"value": "40535000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12385": {
"value": "3808000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12388": {
"value": "3577000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12395": {
"value": "2139000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ShorttermBorrowings",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12398": {
"value": "814000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ShorttermBorrowings",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12406": {
"value": "13111000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12409": {
"value": "14992000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12416": {
"value": "7920000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentAccrualsAndCurrentDeferredIncomeIncludingCurrentContractLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12419": {
"value": "12085000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentAccrualsAndCurrentDeferredIncomeIncludingCurrentContractLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12426": {
"value": "1967000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherShorttermProvisions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12429": {
"value": "2407000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherShorttermProvisions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12433": {
"value": "8138000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentPayables",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12436": {
"value": "9640000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentPayables",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12441": {
"value": "1256000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12444": {
"value": "3254000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12450": {
"value": "38339000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12453": {
"value": "46769000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12459": {
"value": "78144000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12462": {
"value": "87304000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12469": {
"value": "147110000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12472": {
"value": "159045000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12558": {
"value": "219000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12561": {
"value": "919000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12564": {
"value": "70381000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12567": {
"value": "71519000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12570": {
"value": "222000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12573": {
"value": "71741000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12576": {
"value": "240000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12579": {
"value": "-356000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12582": {
"value": "74219000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12585": {
"value": "74103000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12588": {
"value": "175000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12591": {
"value": "74278000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12597": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12600": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12603": {
"value": "12315000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12606": {
"value": "12315000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12609": {
"value": "92000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12612": {
"value": "12407000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12615": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12618": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12621": {
"value": "17568000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12624": {
"value": "17568000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12627": {
"value": "103000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12630": {
"value": "17671000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12636": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12639": {
"value": "-1629000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12642": {
"value": "-323000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12645": {
"value": "-1952000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12648": {
"value": "-6000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12651": {
"value": "-1958000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12654": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12657": {
"value": "1271000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12660": {
"value": "-339000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12663": {
"value": "932000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12666": {
"value": "3000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12669": {
"value": "935000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12677": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12681": {
"value": "-1629000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12684": {
"value": "11992000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12687": {
"value": "10363000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12690": {
"value": "86000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12693": {
"value": "10449000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12697": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12701": {
"value": "1271000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12704": {
"value": "17229000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12707": {
"value": "18500000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12710": {
"value": "106000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12713": {
"value": "18606000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12724": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12727": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12730": {
"value": "267000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12733": {
"value": "267000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12736": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12739": {
"value": "267000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12742": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12745": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12748": {
"value": "202000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12751": {
"value": "202000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12754": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12757": {
"value": "202000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12762": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12765": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12768": {
"value": "-171000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12771": {
"value": "-171000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12774": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12777": {
"value": "-171000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12780": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12783": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12786": {
"value": "322000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12789": {
"value": "322000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12792": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12795": {
"value": "322000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DecreaseIncreaseThroughTaxOnSharebasedPaymentTransactions",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12799": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12802": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12805": {
"value": "1424000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12808": {
"value": "1424000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12811": {
"value": "50000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12814": {
"value": "1474000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12817": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12820": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12823": {
"value": "1320000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12826": {
"value": "1320000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12829": {
"value": "58000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12832": {
"value": "1378000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12838": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12841": {
"value": "11000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12844": {
"value": "13986000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12847": {
"value": "13997000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12850": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12853": {
"value": "13997000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12856": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12859": {
"value": "19000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12862": {
"value": "20294000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12865": {
"value": "20313000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12868": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12871": {
"value": "20313000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12876": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12879": {
"value": "3000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12882": {
"value": "1791000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12885": {
"value": "1794000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12888": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12891": {
"value": "1794000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12894": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12897": {
"value": "2000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12900": {
"value": "616000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12903": {
"value": "618000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12906": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12909": {
"value": "618000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12914": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12917": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12920": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12923": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12926": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12929": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12932": {
"value": "21000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12935": {
"value": "-21000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12938": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12941": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12944": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12947": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12952": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12955": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12958": {
"value": "19000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12961": {
"value": "19000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12964": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12967": {
"value": "19000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12970": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12973": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12976": {
"value": "43000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12979": {
"value": "43000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f12982": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f12985": {
"value": "43000000",
"decimals": -6,
"dimensions": {
"concept": "DSV:DividendsReceivedFromTreasuryShares",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f12989": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f12992": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f12995": {
"value": "-9000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f12998": {
"value": "-9000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f13001": {
"value": "5000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f13004": {
"value": "-4000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f13007": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f13010": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f13013": {
"value": "8000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f13016": {
"value": "8000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f13019": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f13022": {
"value": "8000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f13031": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f13035": {
"value": "-8000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f13038": {
"value": "-13171000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f13041": {
"value": "-13179000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f13044": {
"value": "-45000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f13047": {
"value": "-13224000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f13050": {
"value": "-21000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f13054": {
"value": "4000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f13058": {
"value": "-21067000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f13061": {
"value": "-21084000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f13064": {
"value": "-59000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f13067": {
"value": "-21143000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ChangesInEquity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f13072": {
"value": "219000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f13075": {
"value": "-718000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f13078": {
"value": "69202000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f13081": {
"value": "68703000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f13084": {
"value": "263000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f13087": {
"value": "68966000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"f13090": {
"value": "219000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:DKK"
}
},
"f13093": {
"value": "919000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:DKK"
}
},
"f13096": {
"value": "70381000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:DKK"
}
},
"f13099": {
"value": "71519000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:DKK"
}
},
"f13102": {
"value": "222000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:DKK"
}
},
"f13105": {
"value": "71741000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"s10_notesesefdkgaap__7__19-1": {
"value": "Chapter 1Basis of preparationThe 2023 Annual Report of DSV A/S is pre-pared on a going concern basis in accordance with the IFRS Accounting Standards as issued by the International Accounting Standards Board (IASB) and in accordance with IFRS Accounting Standards as adopted by the European Union and further requirements for listed companies in the Danish Financial Statements Act. The consolidated financial statements are presented in Danish kroner (DKK) and rounded to the nearest million.IntroductionThe Annual Report of DSV A/S comprises the consolidated financial state-ments of DSV A/S and its subsidiaries.The Board of Directors and Executive Board considered and approved the 2023 Annual Report of DSV A/S on 1 February 2024. The Annual Report will be submitted to the shareholders of DSV A/S for approval at the Annual General Meeting on 14 March 2024.Basis of measurementThe Annual Report is prepared under the historical cost convention with the exception of derivative financial instruments and acquisition opening balances, which are measured at fair value. Non-current assets held for sale are measured at the lower of their carrying amount and fair value less costs to sell. The accounting policies described in the notes to the consol-idated financial statements have been applied consistently for the finan-cial year and for the com parative figures.Changes in accounting policiesAll amendments to the IFRS Accounting Standards effective for the finan-cial year 2023 have been implemented as basis for preparing the consoli-dated financial statements and notes to the financial statements.None of the implementations have had any material impact on the state-ments or notes presented. Management judgements and estimatesIn preparing the consolidated financial statements, Management makes various accounting judgements and estimates that affect the reported amounts and disclosures in the financial statements and notes to the statements. These are based on professional experience, historical data and other factors available to Management. By nature, a degree of uncertainty is involved when carrying out these judgements and estimates, hence actual results may deviate from the assessments made at the reporting date. Judgements and estimates are continuously evaluated, and the effects of any changes are recognised in the relevant period. The primary financial statements items for which significant accounting judgements and estimates are applied are listed below: \u2022 Contract assets and accrued cost of services (note 3.4)\u2022 Provisions (note 3.8)\u2022 Tax on profit for the year and deferred tax (note 5.1 and note 5.2)Additional description of management judgements and estimates made are provided in the relevant notes.Climate-related risks in the financial statementsIn preparing the consolidated financial statements, Management assesses how climate-related risks may affect the consolidated financial state-ments and the measures that have been, or will be, put in place to miti-gate them. Management assesses that climate-related risks do not have a significant impact on the 2023 primary financial statements. While climate-related risks do not currently impact the primary financial statements significantly, we are closely monitoring changes and develop-ments in these risks. Our assessment of climate-related risks is included in the notes to the financial statements regarding the primary financial statement items that are assessed to be potentially exposed to cli-mate-related risks in the future. These are:\u2022 Impairment testing (note 3.1)\u2022 Property, plant and equipment (note 3.3)Basis of consolidationThe consolidated financial statements include the Parent Company (DSV A/S) and all subsidiaries over which DSV A/S exercises control. Entities over which the Group has direct or indirect significant influence are ac-counted for as associates and measured using the equity method. Invest-ments with negative net asset values are recognised at DKK 0.The consolidated financial statements are prepared based on uniform accounting policies in all Group entities. Consolidation of Group entities is performed after elimination of all intra-group transactions, balances, in-come and expenses.Group compositionThe Group holds interests in 455 entities and was composed as follows at 31 December 2023:RegionEntities (Number)EMEA Americas APAC TotalSubsidiaries 288 59 99 446Associates 6 1 2 9Foreign currencyFunctional currencyA functional currency is determined for each Group entity. The functional currency is the currency used in the primary financial environment in which the individual Group entity operates.Foreign currency translationOn initial recognition, foreign currency transactions are translated into the functional currency at the exchange rate at the transaction dates. Foreign currency translation differences between the exchange rates at the trans-action date and the date of payment are recognised in the statement of profit or loss under financials. Monetary items denominated in a foreign currency are translated at the exchange rate at the reporting date. The difference between the ex-change rate at the reporting date and the transaction date or the ex-change rate used in the latest annual report is recognised in the statement of profit or loss under financials. Foreign currency translation differences arising on the translation of non-monetary items, such as investments in associates, are recognised directly in other comprehensive income.Recognition in the consolidated financial statements When preparing the consolidated financial statements, the statement of profit or loss of entities with a functional currency other than DKK are translated at the average exchange rate for the period, and statement of financial position items are translated at the closing rate at the end of the reporting period.Foreign exchange differences arising on translation of the equity of for-eign entities and on translation of receivables considered part of net in-vestment are recognised directly in other comprehensive income. Foreign exchange differences arising on the translation of statement of profit or loss from the average exchange rate for the period to the ex-change rate at the reporting date are recognised in other comprehensive income. Adjustments are presented within the translation reserve in equity.Presentation of the Annual ReportStatement of cash flowsThe statement of cash flows is prepared using the indirect method based on operating profit before depreciation and amortisation (EBITDA) before special items. The statement of cash flows cannot be derived directly from the statement of financial position and the statement of profit or loss. Applying materiality in financial reportingIn preparing the Annual Report, Management seeks to achieve a high in-formation value by presenting the information in a way that supports the understanding of the Group\u2019s performance in the reporting period. This objective is achieved by presenting fair transactional aggregation levels on items and other financial information, emphasising information that is considered of material importance to the user. Disclosures that are considered immaterial to the decision making of the primary users of these financial statements are omitted.Presentation of financial statement items and subtotalsThe presentation of financial statement items and subtotals is based on separate classification of material groups of similar items. In the state-ment of profit or loss, income and expense items are classified based on the \u2018nature of expense\u2019 method in accordance with IAS 1. Furthermore, the use of special items is applied to improve the transparency and un-derstanding of the Group\u2019s financial statements by separating the core performance of the Group from exceptional items. For a definition and reconciliation of Group results before and after special items, please refer to note 2.7 Special items.New accounting regulationsThe IASB has issued a number of new standards and amendments not yet in effect or adopted by the EU and therefore not relevant for the prepara-tion of the 2023 consolidated financial statements. DSV expects to im-plement the standards and amendments when they take effect.None of the new standards issued are currently expected to have signifi-cant impact on the Group\u2019s financial statements when implemented.Accounting policiesOperating segments are defined by the operational and management structure of DSV, which is derived from the types of services we deliver and our geographical presence on the global market. As such, our operat-ing segments reflect our Divisional and Group reporting used for manage-ment decision making.Accounting policiesRevenue comprises sale of services and other operating income. Sale of services comprises freight forwarding services, contract logistics, sale of property projects and other related services rendered. Other operating income includes rental income from terminal and building leases, gains from disposal of non-current assets and income from insurance contracts. Revenue from services rendered is recognised in accordance with the over-time recognition principle following the satisfaction of various mile-stones as the performance obligations are fulfilled towards the customer. Our main services comprise the following:Air services Air services comprise air freight logistics. Air services are reported within the Air & Sea operating segment. Air services are characterised by short delivery times, as most air transports are completed within a few days. Sea servicesSea services comprise sea freight logistics. Sea services are reported within the Air & Sea operating segment. Sea services are characterised by longer delivery times, averaging one month depending on destination. Road servicesRoad services comprise road freight logistics. Road services are reported within the Road operating segment. Road services are characterised by short delivery times, as most road transports are completed within a few days. Solutions servicesSolutions services comprise contract logistics, incl. warehousing and in-ventory management. Solutions services are reported within the Solu-tions operating segment. Solutions services are characterised by very short delivery times, happening almost instanta neously.Recognition principlesRevenue from services rendered are recognised based on the price speci-fied in the contract with the customer. Revenue is measured excluding VAT and other taxes collected on behalf of third parties, and any discounts are offset against the revenue. Incremental costs of obtaining a contract with a customer are not recognised as an asset but as a cost when in-curred, due to the short delivery times. Trade receivables are recognised as services invoiced to the customer. Trade receivables are not adjusted for financing components due to short credit terms, typically ranging from 14 to 60 days, rendering the financ-ing component insignificant. Where services rendered have yet to be in-voiced and invoices on services received from hauliers still have to be received, contract assets and accrued cost of services are recognised at the reporting date. Revenue allocated to remaining performance obligations are not disclosed following the practical expedient of IFRS 15. Revenue also comprises income from sale of property projects in the form of sale of land and buildings acquired, constructed and held for sale in the ordinary course of business. Revenue from property projects is recognised at a point in time in the operating segment to which it relates. Revenue is recognised based on the price and performance obligations specified in the contract with the cus-tomer. Delivery times on property projects are typically 8-18 months.If the property is leased back after completion, the right-of-use asset arising from the leaseback is recognised at the proportion of the previous carrying amount of the asset that relates to the right of use retained by DSV.Services and geographical segmentation of revenue is specified as follows:Accounting policiesDirect costs comprise costs paid to generate the revenue. Direct costs in-clude settlement of accounts with haulage contractors, shipping companies, airlines, etc. Direct costs also include staff costs relating to hourly workers used for fulfilling orders and other direct costs of operation, such as rental of logistics facilities and costs relating to property projects.Accounting policiesOther external costs comprise costs relating to IT, marketing, consultants, other rent, training and education, office premises, travelling, communi-cations as well as other selling and administrative costs, less costs trans-ferred to direct costs.Accounting policiesStaff costs comprise salaries and wages, pension costs, social security costs, costs relating to share options schemes and other staff costs for salaried employees. Staff costs for hourly workers, recognised as direct costs, are excluded.Staff costs are recognised in the financial year in which the employee renders the related service. Costs related to long-term employee bene-fits, e.g. share-based payments, are recognised in the periods in which they are earned.Reference is made to note 3.7 for detailed information regarding pensions and other post-employment benefit plans, note 6.3 for information on remuneration of the Executive Board and the Board of Directors and note 6.2 for detailed information on the Group\u2019s share option schemes.Accounting policiesAmortisation and depreciation for the year are recognised based on the amor tisation and depreciation profiles of the underlying assets (reference is made to notes 3.2, 3.3 and 3.6).Accounting policiesSpecial items are used in connection with the presentation of profit or loss for the year to distinguish consolidated operating profit from excep-tional items, which by their nature are not related to the Group\u2019s ordinary operations or investment in future activities.Special items in these financial statements comprise restructuring costs, impairment costs, etc., relating to material structural, procedural or man-agerial reorganisations as well as any related gains or losses on disposals.Accounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.GoodwillThe carrying amount of goodwill is tested for impairment at least annually together with other non-current assets of the Group.Impairment testing is performed for the lowest cash-generating unit to which consolidated goodwill is allocated, as defined by our divisional management and operational structure. The cash-generating units there-by follow our divisional structure: Air & Sea, Road and Solutions.Goodwill is written down to its recoverable amount through the state-ment of profit or loss if lower than the carrying amount.The recoverable amount is determined as the present value of the discounted future net cash flow from the cash-generating unit to which the goodwill relates. In calculating the present value, discount rates are applied reflecting the risk-free interest rate with the addition of risks relating to the individual cash-generating units, such as geographical and financial exposure.Other non-current intangible assets and property, plant and equipmentThe carrying amount of other non-current assets is tested for impairment at least once a year in connection with the impairment test of goodwill. If the tests show evidence of impairment, the asset is written down to the recoverable amount through the statement of profit or loss. The recover-able amount is the higher of the fair value of the asset less the expected costs to sell and its value in use.The value in use is calculated as the present value of expected future cash flows from the asset or the division of which the asset forms part.Accounting policies GoodwillOnly goodwill arising from business combinations is recognised in the finan-cial statements. Goodwill is measured as the difference between the total of the fair value of the consideration transferred, the value of non-controlling interests and any equity investments previously held in the acquiree, com-pared to the fair value of identifiable net assets on the date of acquisition. Goodwill is not amortised, but is tested for impairment at least annually. Customer relationshipsOn initial recognition, customer relationships identified from business combinations are recognised in the statement of financial position at fair value. Subsequently, customer relationships are measured at cost less accumulated amortisation and impairment losses. Customer relationships are amortised over a period of eight years using the diminishing balance method.Software and software in progressSoftware bought or developed for internal use is measured at the lower of cost less accumulated amortisation and impairment losses and the recover-able amount. Cost comprises payments for the software and other directly attributable costs of preparing the software for its intended use. After commissioning, software is amortised on a straight-line basis over its expected useful life. The amortisation period is 1-8 years.2023 2022Customer Software in Customer Software in Intangible assets (DKKm) Goodwillrelationships Softwareprogress To t a l Goodwillrelationships Softwareprogress To t a lCost at 1 January 76,293 2,574 1,180 342 80,389 75,063 2,565 1,212 280 79,120Additions from business combinations/previous period adjustments 640 - - - 640 370 - - - 370Additions - - 18 327 345 - - 42 238 280Disposals - (10) (82) - (92) - (27) (250) (2) (279)Reclassifications - - 302 (302) 0 - - 174 (174) -Currency translation (1,159) - (7) (3) (1,169) 860 36 2 - 898Total cost at 31 December 75,774 2,564 1,411 364 80,113 76,293 2,574 1,180 342 80,389Total amortisation and impairment at 1 January - 1,981 734 - 2,715 - 1,719 740 - 2,459Amortisation and impairments for the year - 178 154 - 332 - 254 185 - 439Disposals - (10) (30) - (40) - (27) (191) - (218)Reclassification - - - - - - - - - -Currency translation - - - - - - 35 - - 35Total amortisation and impairment at 31 December - 2,149 858 - 3,007 - 1,981 734 - 2,715Carrying amount at 31 December 75,774 415 553 364 77,106 76,293 593 446 342 77,674Accounting policiesLand and buildings and other plant and operating equipment are measured at cost less accumulated depreciation and impairment losses.The cost comprises the acquisition price and other costs directly attribut-able to preparing the asset for its intended use. The present value of esti-mated costs for dismantling and disposing of assets as well as restoration costs are added to the cost if such costs are recognised as provisions. Material borrowing costs directly attributable to the construction of the individual asset are also added to cost. If the individual components of an asset have different useful lives, each component will be depreciated separately.The cost of self-constructed assets comprises direct and indirect costs for materials, components, subcontractors, wages and salaries. Costs for self-constructed assets are recognised as property, plant and equipment in progress on an ongoing basis until the assets are ready for use.Subsequent costs, such as partial replacement of property, plant and equipment (PPE), are included in the carrying amount of the asset in question when it is probable that such costs will result in future economic benefits. The carrying amount of the replaced parts is disposed from the statement of financial position and recognised in the statement of profit or loss.Depreciation is carried out on a straight-line basis over the expected use-ful lives of the assets. The expected useful lives of the overall asset cate-gories are as follows: \u2022 Terminals and administration buildings: 50-60 years\u2022 Other buildings and building elements: 10-30 years\u2022 Technical plant and machinery: 6-10 years\u2022 Other plant and operating equipment: 3-8 years\u2022 Land is not depreciatedThe basis of depreciation takes into account the residual value of assets and is reduced by any impairment losses. The residual value is calculated on the date of acquisition and reassessed once a year. Depreciation will be halted if the residual value exceeds the carrying amount of the asset.Assets are transferred to assets held for sale if it is highly probable that their carrying amount will be recovered primarily through sale rather than through continuing use.Accounting policiesContract assets and accrued costs of services include accrued revenue and accrued costs from freight forwarding services, contract logistics and other related services in progress. Contract assets are recognised when a sales transaction fulfils the criteria for revenue recognition, but the final invoice has yet to be issued to the customer for the services delivered. Please refer to note 4.4 for disclosure of credit risk, as trade receivables carry substantially the same characteris-tics as contract assets.Accrued costs of services are estimated and recognised when supplier in-voices relating to recognised revenue for the reporting period have yet to be received.Accounting policiesInventories are measured at the lower of cost and net realisable value. The cost of inventories comprises all costs of purchase, processing and other costs incurred in bringing the inventories to their present condition. Write-downs of inventories to net realisable value are recognised as direct costs in the statement of profit or loss.Accounting policiesWhether a contract contains a lease is assessed at contract inception. For identified leases, a right-of-use (ROU) asset and corresponding lease liability are recognised on the lease commencement date. Upon initial recognition, the ROU asset is measured at cost corresponding to the lease liability recognised, adjusted for any lease prepayments or directly related costs, including dismantling and restoration costs. The lease liability is measured at the present value of lease payments of the leasing period dis-counted using the interest rate implicit in the lease contract. In cases where the implicit interest rate cannot be determined, an appropriate incremental DSV borrowing rate is used. In determining the lease period extension, op-tions are only included if it is reasonably certain they will be utilised.At subsequent measurement, the ROU asset is measured less accumulated depreciation and impairment losses and adjusted for any remeasurements of the lease liability. Depreciation follows the straight-line method over the lease term or the useful life of the ROU asset, whichever is shortest. The lease liability is measured at amortised cost using the effective interest method and adjusted for any remeasurements or modifications made to the contract. ROU assets and lease liabilities are not recognised for low value lease assets or leases with a lease term of 12 months or less. These are recognised as an expense on a straight-line basis over the term of the lease. Any service elements separable from the lease contract are accounted for following the same principle. Extension options are only included in the lease term if extension of the lease is reasonably certain. The majority of extension and termination options held are exercisable only by the Group and not by the respective lessor.ROU assets classified as land and buildings mainly relate to leases of warehouses, terminals and office buildings, whereas assets recognised as other plant and operating equipment mainly relate to leases of trailers, trucks, company cars, forklifts, IT hardware and other office equipment. Land and building leases normally have a lease term of up to ten years, whereas leases of other plant and operating equipment normally have a lease term of up to five years. The leases may include extension options with the intention of securing flexibility in the lease \u2013 however, any leas-ing period beyond the normal ten years expected at the initiation of the lease will normally be reflected in the contractual lease term agreed.Accounting policiesPension obligations relating to defined contribution plans, under which the Group pays regular pension contributions to independent pension funds, are recognised in the statement of profit or loss for the period in which they are earned. Contributions payable are recognised in the statement of financial position under other current liabilities.In regards to defined benefit plans, an actuarial valuation of the present value of future benefits payable under the plan is made once a year. The present value is calculated based on various assumptions, including the fu-ture development in wage/salary levels, interest rates, inflation and mortal-ity. The present value is only calculated for benefits to which the employees have become entitled during their employment with the Group. The actuar-ial calculation of the present value less the fair value of assets under the plan is recognised in the statement of financial position under pensions and other post-employment benefit plans. Pension costs for the year are rec-ognised in the statement of profit or loss based on actuarial estimates and the financial outlook at the beginning of the year.Differences between the calculated development in pension plan assets and liabilities and the realised values are recognised in other comprehensive income as actuarial gains or losses.Changes in benefits payable for employees\u2019 past services to the company result in an adjustment of the actuarial calculation of the present value, which is classified as past service costs. Past service costs are charged to the statement of profit or loss immediately if the employees have already earned the right to the adjusted benefits. Otherwise, they will be recog-nised in the statement of profit or loss over the period in which the em-ployees earn the right to the adjusted benefits.Accounting policiesProvisions are recognised when, due to an event occurring on or before the reporting date, the Group has a legal or constructive obligation and it is probable that the Group will have to give up future economic benefits to meet the obligation.Provisions are measured on the basis of Management\u2019s best estimate of the anticipated expenditure for settle ment of the relevant obligation and are discounted if deemed material.Accounting policiesShare capitalAt year end, the share capital of DSV A/S amounted to 219 million shares (2022: 219 million shares) with a nominal value of DKK 1 each. Shares consist of only one share class and include no special rights, preferences or restrictions. All shares are fully paid up.Accounting policiesThe financial liabilities of the Group are divided into four financing cate-gories: overdraft and credit facilities, issued bonds, lease liabilities and other non-current financial liabilities.Overdraft and credit facilities are initially recognised at fair value net of transaction expenses. Subsequently, the financial liability is measured at amortised cost, corre-sponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recog-nised in the statement of profit or loss over the term of the loan. Lease liabilities are described in further detail in note 3.6.Accounting policiesDerivative financial instruments are recognised on the trade date and are measured at fair value. Positive and negative fair values are included in other current re ceivables or other current payables in the statement of financial position. Positive and negative fair values are only offset if the Group has a right and an intention to settle several financial instruments net (by means of settlement of differences). Fair value is determined based on generally accepted valuation methods using available observable market data.When entering into contracts for financial instruments, an assessment is made of whether the instrument qualifies for hedge accounting, including whether the instrument hedges recognised assets and liabilities or net investments in foreign entities. The effectiveness of recognised financial instruments is assessed on a monthly basis, and any in effectiveness is recognised in the statement of profit or loss. Fair value changes classified as and fulfilling the criteria for recognition as a fair value hedge are recognised in the statement of profit or loss to-gether with changes in the value of the specific portion of the asset or liability that has been hedged.Fair value changes in the part of the derivative which is classified as and qualifies for recognition as a future cash flow hedge and which effectively hedges against changes in the value of the hedged item are recognised in other comprehensive income as a separate hedging reserve.When the underlying hedged item is realised, any gain or loss on the hedging transaction is transferred from equity and recognised together with the hedged item. Fair value changes that do not meet the criteria for treatment as hedging instruments are recognised on an ongoing basis in the statement of profit or loss under financial items.Accounting policiesCurrent tax payables and receivables are recognised in the statement of financial position as tax calculated on the taxable income for the year ad-justed for tax on taxable income for previous years and for prepaid tax. Tax for the year comprises current and deferred tax on profit or loss for the year, penalties related to pending tax disputes and adjustments to previous years, including adjustments due to tax rulings. Tax for the year is recognised in the statement of profit or loss, unless the tax expense relates directly to items included in other comprehensive income or equity.Accounting policiesDeferred tax is recognised based on temporary differences between the carrying amount and the tax value of assets and liabilities. No recognition is made of deferred tax on temporary differences relating to amortisation or depreciation of goodwill, properties and other items if disallowed for tax purposes, except at the acquisition of entities, if such temporary differenc-es arose on the date of acquisition without affecting the results or the taxable income. In cases where it is possible to calculate the tax value according to different taxation rules, deferred tax is measured on the basis of the planned use of the asset or the settlement of the liability.Deferred tax assets, including the tax base of tax loss carryforwards, are recognised as other non-current assets at the expected value of their utilisation, either by elimination in tax on future earnings or by offsetting deferred tax liabilities within the same legal tax entity and jurisdiction. Deferred tax assets and tax liabilities are offset if the enterprise has a legally enforceable right to set off current tax liabilities and tax assets or intends either to settle current tax liabilities and tax assets on a net basis or to realise the assets and liabilities simultaneously. Deferred tax is adjusted for elimination of unrealised intra-group gains and losses. Deferred tax is measured on the basis of the tax rules and tax rates of the relevant countries that will be effective under current legislation at the reporting date on which the deferred tax is expected to materialise as current tax.Accounting policiesWhen accounting for business combinations, the acquisition method is applied in accordance with IFRS 3.Acquirees are recognised in the consolidated financial statements from the date of acquisition. The date of acquisition is the date on which DSV obtains control of the company. Entities disposed of are recognised in the consolidated financial statements until the date of disposal. The date of disposal is the date on which DSV surrenders control of the company.Accounting policiesDSV's share option schemes are equity-settled, measured at the grant date and recognised in the statement of profit or loss as staff costs over the vesting period. The offsetting item is recognised directly in equity.The value of employee services received during the vesting period in exchange for share options granted corresponds to the fair value of the share options at the date of granting. The fair value of the options granted is determined based on the Black & Scholes valuation model. The assumptions used in the valuation takes into account the terms and conditions applicable to the options granted and Management\u2019s expectations of the various parameters on which the valuation model is based.Upon initial recognition, an estimate is made of the number of share options that the employees are expected to earn. The estimated number of share options is adjusted subsequently to reflect the actual number of share options earned. The estimated volatility is based on historical data over the preceding three years adjusted for any unusual circumstances during the period. The valuation of the share options granted in 2023 and 2022 is based on the following assumptions:Accounting policiesContingent liabilities comprise possible obligations which have not yet been confirmed, are uncertain or cannot be measured reliably, but which, if realised, may result in a drain on the Group\u2019s resources. Obligations are recognised in the financial statements only to the extent that the criteria for recognising a provision are met.Reserves as presented in the statement of changes in equity comprise treasury share reserve, hedging reserve and translation reserve, as spe-cified on the previous page.Treasury share reserveThe reserve comprises the nominal value of treasury shares. The differ-ence between the market price paid and the nominal value plus dividends on treasury shares is recognised directly as retained earnings in equity.Treasury shares are bought to meet obligations under the Company\u2019s incentive schemes and to adapt the capital structure. The reserve is a distributable reserve.Hedging reserveThe reserve comprises the fair value of hedging instruments qualifying for hedge accounting. Hedge accounting ceases when the hedging instru-ment matures or if a hedge is no longer effective.Foreign currency translation reserveThe reserve comprises foreign currency translation arising on the translation of net investments and related hedging in entities with a functional cur-rency other than DKK. The reserve is dissolved upon disposal of entities.Definition of key figures and ratiosKey figuresNet interest- = Interest-bearing debt less interest-bearing assets bearing debt and cash and cash equivalents(NIBD) Net working = Receivables and other current operating assets less capital (NWC) trade payables and other payables and other current operating liabilitiesInvested capital = NWC + property, plant and equipment, right-of-use assets, intangible assets including goodwill and custom-er relationships less long-term provisionsAdjusted earnings = The DSV A/S shareholders\u2019 share of profit for the re-porting period adjusted for amortisation and impairment of goodwill and customer relationships, costs related to share-based payments and special items. The tax effect of the adjustments has been taken into accountNet financial =Financial income less financial expensesexpenses Special items =Exceptional items of income or expense which by nature are not related to the Group's ordinary operation or investments in future activities. See note 2.7 for additional details on items includedAdjusted free = Free cash flow adjusted for net acquisition of sub-cash flowsidiaries and activities, lease liability repayments, special items and normalisation of working capital in subsidiaries and activities acquiredKey figures and ratios are disclosed in accordance with \u2018Recommendations & Ratios\u2019 published by the Danish Finance Society, except for financial ratios marked with (*), as these are either derived or not included in the Recommendations. Earnings per share and diluted earnings per share are disclosed in accordance with IAS 33. Environmental, social and govern-mental key figures and ratios are defined in the DSV Sustainability Report 2023 to which reference is made.Financial ratios Gross profit * 100Gross margin =RevenueOperating profit (EBIT) before special items * 100Operating margin =RevenueOperating profit (EBIT) before special items * 100Conversion ratio =Gross profitTax on profit for the year * 100Effective tax rate* =Profit before taxOperating profit (EBIT) before special items * 100Return on invested =Average invested capital capital (ROIC) before taxProfit attributable to the shareholders of DSV A/S * 100Return on equity =Average equity excluding non-controlling interests Equity excluding non-controlling interests * 100Solvency ratio =Total assetsNet interest-bearing debtGearing ratio* =Operating profit before amortisation, depreciation (EBITDA) before special itemsShare ratiosProfit attributable to the shareholders of DSV A/SEarnings per share =Average number of sharesProfit attributable to the shareholders of DSV A/SDiluted earnings = Average number of shares dilutedper shareAdjusted earningsDiluted adjusted = Average number of shares dilutedearnings per share Number of shares = Total number of shares issued at the reporting dateissued Average number = Average number of shares issued adjusted for of shares treasury shares outstanding Average number = Average number of shares outstanding during of shares dilutedthe reporting period including share options, but excluding out-of-the-money options measured relative to the average share price for the period",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__21": {
"value": "Basis of preparationThe 2023 Annual Report of DSV A/S is pre-pared on a going concern basis in accordance with the IFRS Accounting Standards as issued by the International Accounting Standards Board (IASB) and in accordance with IFRS Accounting Standards as adopted by the European Union and further requirements for listed companies in the Danish Financial Statements Act. The consolidated financial statements are presented in Danish kroner (DKK) and rounded to the nearest million.IntroductionThe Annual Report of DSV A/S comprises the consolidated financial state-ments of DSV A/S and its subsidiaries.The Board of Directors and Executive Board considered and approved the 2023 Annual Report of DSV A/S on 1 February 2024. The Annual Report will be submitted to the shareholders of DSV A/S for approval at the Annual General Meeting on 14 March 2024.Basis of measurementThe Annual Report is prepared under the historical cost convention with the exception of derivative financial instruments and acquisition opening balances, which are measured at fair value. Non-current assets held for sale are measured at the lower of their carrying amount and fair value less costs to sell. The accounting policies described in the notes to the consol-idated financial statements have been applied consistently for the finan-cial year and for the com parative figures.Changes in accounting policiesAll amendments to the IFRS Accounting Standards effective for the finan-cial year 2023 have been implemented as basis for preparing the consoli-dated financial statements and notes to the financial statements.None of the implementations have had any material impact on the state-ments or notes presented. Management judgements and estimatesIn preparing the consolidated financial statements, Management makes various accounting judgements and estimates that affect the reported amounts and disclosures in the financial statements and notes to the statements. These are based on professional experience, historical data and other factors available to Management. By nature, a degree of uncertainty is involved when carrying out these judgements and estimates, hence actual results may deviate from the assessments made at the reporting date. Judgements and estimates are continuously evaluated, and the effects of any changes are recognised in the relevant period. The primary financial statements items for which significant accounting judgements and estimates are applied are listed below: \u2022 Contract assets and accrued cost of services (note 3.4)\u2022 Provisions (note 3.8)\u2022 Tax on profit for the year and deferred tax (note 5.1 and note 5.2)Additional description of management judgements and estimates made are provided in the relevant notes.Climate-related risks in the financial statementsIn preparing the consolidated financial statements, Management assesses how climate-related risks may affect the consolidated financial state-ments and the measures that have been, or will be, put in place to miti-gate them. Management assesses that climate-related risks do not have a significant impact on the 2023 primary financial statements. While climate-related risks do not currently impact the primary financial statements significantly, we are closely monitoring changes and develop-ments in these risks. Our assessment of climate-related risks is included in the notes to the financial statements regarding the primary financial statement items that are assessed to be potentially exposed to cli-mate-related risks in the future. These are:\u2022 Impairment testing (note 3.1)\u2022 Property, plant and equipment (note 3.3)Basis of consolidationThe consolidated financial statements include the Parent Company (DSV A/S) and all subsidiaries over which DSV A/S exercises control. Entities over which the Group has direct or indirect significant influence are ac-counted for as associates and measured using the equity method. Invest-ments with negative net asset values are recognised at DKK 0.The consolidated financial statements are prepared based on uniform accounting policies in all Group entities. Consolidation of Group entities is performed after elimination of all intra-group transactions, balances, in-come and expenses.Group compositionThe Group holds interests in 455 entities and was composed as follows at 31 December 2023:RegionEntities (Number)EMEA Americas APAC TotalSubsidiaries 288 59 99 446Associates 6 1 2 9Foreign currencyFunctional currencyA functional currency is determined for each Group entity. The functional currency is the currency used in the primary financial environment in which the individual Group entity operates.Foreign currency translationOn initial recognition, foreign currency transactions are translated into the functional currency at the exchange rate at the transaction dates. Foreign currency translation differences between the exchange rates at the trans-action date and the date of payment are recognised in the statement of profit or loss under financials. Monetary items denominated in a foreign currency are translated at the exchange rate at the reporting date. The difference between the ex-change rate at the reporting date and the transaction date or the ex-change rate used in the latest annual report is recognised in the statement of profit or loss under financials. Foreign currency translation differences arising on the translation of non-monetary items, such as investments in associates, are recognised directly in other comprehensive income.Recognition in the consolidated financial statements When preparing the consolidated financial statements, the statement of profit or loss of entities with a functional currency other than DKK are translated at the average exchange rate for the period, and statement of financial position items are translated at the closing rate at the end of the reporting period.Foreign exchange differences arising on translation of the equity of for-eign entities and on translation of receivables considered part of net in-vestment are recognised directly in other comprehensive income. Foreign exchange differences arising on the translation of statement of profit or loss from the average exchange rate for the period to the ex-change rate at the reporting date are recognised in other comprehensive income. Adjustments are presented within the translation reserve in equity.Presentation of the Annual ReportStatement of cash flowsThe statement of cash flows is prepared using the indirect method based on operating profit before depreciation and amortisation (EBITDA) before special items. The statement of cash flows cannot be derived directly from the statement of financial position and the statement of profit or loss. Applying materiality in financial reportingIn preparing the Annual Report, Management seeks to achieve a high in-formation value by presenting the information in a way that supports the understanding of the Group\u2019s performance in the reporting period. This objective is achieved by presenting fair transactional aggregation levels on items and other financial information, emphasising information that is considered of material importance to the user. Disclosures that are considered immaterial to the decision making of the primary users of these financial statements are omitted.Presentation of financial statement items and subtotalsThe presentation of financial statement items and subtotals is based on separate classification of material groups of similar items. In the state-ment of profit or loss, income and expense items are classified based on the \u2018nature of expense\u2019 method in accordance with IAS 1. Furthermore, the use of special items is applied to improve the transparency and un-derstanding of the Group\u2019s financial statements by separating the core performance of the Group from exceptional items. For a definition and reconciliation of Group results before and after special items, please refer to note 2.7 Special items.New accounting regulationsThe IASB has issued a number of new standards and amendments not yet in effect or adopted by the EU and therefore not relevant for the prepara-tion of the 2023 consolidated financial statements. DSV expects to im-plement the standards and amendments when they take effect.None of the new standards issued are currently expected to have signifi-cant impact on the Group\u2019s financial statements when implemented.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__22": {
"value": "The 2023 Annual Report of DSV A/S is pre-pared on a going concern basis in accordance with the IFRS Accounting Standards as issued by the International Accounting Standards Board (IASB) and in accordance with IFRS Accounting Standards as adopted by the European Union and further requirements for listed companies in the Danish Financial Statements Act. The consolidated financial statements are presented in Danish kroner (DKK) and rounded to the nearest million.",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__23": {
"value": "DSV A/S",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__25": {
"value": "A/S",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__26": {
"value": "The Board of Directors and Executive Board considered and approved the 2023 Annual Report of DSV A/S on 1 February 2024. The Annual Report will be submitted to the shareholders of DSV A/S for approval at the Annual General Meeting on 14 March 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__28": {
"value": "Changes in accounting policiesAll amendments to the IFRS Accounting Standards effective for the finan-cial year 2023 have been implemented as basis for preparing the consoli-dated financial statements and notes to the financial statements.None of the implementations have had any material impact on the state-ments or notes presented.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__27": {
"value": "Changes in accounting policiesAll amendments to the IFRS Accounting Standards effective for the finan-cial year 2023 have been implemented as basis for preparing the consoli-dated financial statements and notes to the financial statements.None of the implementations have had any material impact on the state-ments or notes presented.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__20": {
"value": "Management judgements and estimatesIn preparing the consolidated financial statements, Management makes various accounting judgements and estimates that affect the reported amounts and disclosures in the financial statements and notes to the statements. These are based on professional experience, historical data and other factors available to Management. By nature, a degree of uncertainty is involved when carrying out these judgements and estimates, hence actual results may deviate from the assessments made at the reporting date. Judgements and estimates are continuously evaluated, and the effects of any changes are recognised in the relevant period. The primary financial statements items for which significant accounting judgements and estimates are applied are listed below: \u2022 Contract assets and accrued cost of services (note 3.4)\u2022 Provisions (note 3.8)\u2022 Tax on profit for the year and deferred tax (note 5.1 and note 5.2)Additional description of management judgements and estimates made are provided in the relevant notes.Management judgements and estimatesIn the classification of special items, judgement is applied in ensuring that only exceptional items not associated with the ordinary operations of the Group are included.Management judgements and estimatesFor goodwill impairment testing, a number of estimates are made on the development in revenues, gross profits, conversion ratios, future capital expenditures, discount rates and growth expectations in the terminal pe-riod. These are based on an assessment of current and future develop-ments in the three cash-generating units and on historical data and as-sumptions of future expected market developments, including expected long-term average market growth rates. Data includes both internal and external data sources.Material value drivers affecting the future net cash flows of the three cash-generating units are:Air & SeaThe Air & Sea division operates globally, so developments in the global economy and world trade therefore have a material impact on the divi-sion\u2019s future net cash flow. Developments in gross profit per shipment, cost development and management initiatives in internal productivity (number of shipments per employee) also affect the division\u2019s cash flow.RoadThe Road division mainly operates on the EMEA and US markets, which means that the division\u2019s future net cash flow is affected by the growth rate in these regions. Developments in gross profit per shipment, including truck and terminal utilisation rates, cost development and management initiatives in internal productivity (number of shipments per employee) also affect the division\u2019s cash flow.SolutionsThe Solutions division operates globally, so developments in the global economy and world trade therefore have a material impact on the divi-sion\u2019s future net cash flow. Developments in warehouse lease costs and costs of related services, utilisation of warehouse facilities, cost develop-ment and management initiatives in internal productivity (number of order lines per employee) also affect the division\u2019s cash flows.Management judgements and estimatesJudgement is applied in determining the depreciation period and future residual value of the assets recognised and is generally based on historical experience. Reassessment is done annually to ascertain that the deprecia-tion basis applied is still representative and reflects the expected life and future residual value of the assets.Management judgements and estimatesIn the preparation of the consolidated financial statements, significant estimates are applied in assessing services in progress, including accrual of income and pertaining direct costs. These estimates are based on experi-ence and continuous follow-up on services in progress relative to sub-sequent invoicing.Management judgements and estimatesIn accounting for lease contracts, various judgements are applied in de-termining ROU assets and lease liabilities. Judgements include assessment of lease periods, utilisation of extension and termination options and ap-plicable discount rates.Management judgements and estimatesIn determining pension obligations, Management makes use of valuations from external and independent actuaries as basis for the estimates ap-plied. The actuarial assumptions used in the valuations vary from country to country owing to national, economic and social conditions.Management judgements and estimatesManagement continually assesses provisions, including contingencies and the likely outcome of pending and potential legal proceedings. The out-come of such proceedings depends on future events, which are, by na-ture, uncertain. When considering provisions involving significant estimates, opinions and estimates by external legal experts as well as existing case law are applied in assessing the probable outcome of material legal proceedings, etc.Management judgements and estimatesManagement applies significant estimates when recognising and measuring deferred tax assets and uncertain tax positions. Deferred tax assets, including the tax base of tax loss carryforwards, are recognised if it is assessed that there will be sufficient future taxable in-come against which the temporary differences and unutilised tax losses can be utilised. This assessment is based on budgets and business plans for the following years, including planned business initiatives. Deferred tax assets are tested annually and are only recognised if it is probable that future taxa-ble profit will allow the deferred tax asset to be recovered.Uncertain tax positions include ongoing disputes with tax authorities and have been provided for in accordance with the accounting policies. Man-agement believes that the provisions made are adequate. The actual obliga-tions may deviate as they depend on the result of litigations and settlements with the relevant tax authorities.Management judgements and estimatesIn applying the acquisition method of accounting, estimates are an inte-gral part of assessing fair values of several identifiable assets acquired and liabilities assumed, as observable market prices are typically not available.Valuation techniques where estimates are applied typically relate to de-termining the present value of future uncertain cash flows or assessing other events in which the outcome is uncertain at the date of acquisition.More significant estimates are typically applied in accounting for property, plant and equipment, customer relationships, trade receivables, deferred tax, debt and contingent liabilities. As a result of the uncertainties inherent in fair value estimation, measurement period adjustments may be applied.Management judgements and estimatesManagement applies judgements in assessing the existence of contingent liabilities on an ongoing basis and in this regard considers if the criteria for recognising a provision are met. These judgements may involve advice from external experts, legal advisors, etc.As an international transport service provider, the Group is regularly in-volved in tax and VAT disputes, legal proceedings or inquiries from compe-tition authorities. Management believes that the cases currently identified will have no material impact on the financial position of the Group.A detailed disclosure of individual contingent liabilities is considered im-practicable and is therefore not included in the notes to the financial statements.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__29": {
"value": "Basis of consolidationThe consolidated financial statements include the Parent Company (DSV A/S) and all subsidiaries over which DSV A/S exercises control. Entities over which the Group has direct or indirect significant influence are ac-counted for as associates and measured using the equity method. Invest-ments with negative net asset values are recognised at DKK 0.The consolidated financial statements are prepared based on uniform accounting policies in all Group entities. Consolidation of Group entities is performed after elimination of all intra-group transactions, balances, in-come and expenses.Group compositionThe Group holds interests in 455 entities and was composed as follows at 31 December 2023:RegionEntities (Number)EMEA Americas APAC TotalSubsidiaries 288 59 99 446Associates 6 1 2 9",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__31": {
"value": "Foreign currencyFunctional currencyA functional currency is determined for each Group entity. The functional currency is the currency used in the primary financial environment in which the individual Group entity operates.Foreign currency translationOn initial recognition, foreign currency transactions are translated into the functional currency at the exchange rate at the transaction dates. Foreign currency translation differences between the exchange rates at the trans-action date and the date of payment are recognised in the statement of profit or loss under financials. Monetary items denominated in a foreign currency are translated at the exchange rate at the reporting date. The difference between the ex-change rate at the reporting date and the transaction date or the ex-change rate used in the latest annual report is recognised in the statement of profit or loss under financials. Foreign currency translation differences arising on the translation of non-monetary items, such as investments in associates, are recognised directly in other comprehensive income.Recognition in the consolidated financial statements When preparing the consolidated financial statements, the statement of profit or loss of entities with a functional currency other than DKK are translated at the average exchange rate for the period, and statement of financial position items are translated at the closing rate at the end of the reporting period.Foreign exchange differences arising on translation of the equity of for-eign entities and on translation of receivables considered part of net in-vestment are recognised directly in other comprehensive income. Foreign exchange differences arising on the translation of statement of profit or loss from the average exchange rate for the period to the ex-change rate at the reporting date are recognised in other comprehensive income. Adjustments are presented within the translation reserve in equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__30": {
"value": "Foreign currencyFunctional currencyA functional currency is determined for each Group entity. The functional currency is the currency used in the primary financial environment in which the individual Group entity operates.Foreign currency translationOn initial recognition, foreign currency transactions are translated into the functional currency at the exchange rate at the transaction dates. Foreign currency translation differences between the exchange rates at the trans-action date and the date of payment are recognised in the statement of profit or loss under financials. Monetary items denominated in a foreign currency are translated at the exchange rate at the reporting date. The difference between the ex-change rate at the reporting date and the transaction date or the ex-change rate used in the latest annual report is recognised in the statement of profit or loss under financials. Foreign currency translation differences arising on the translation of non-monetary items, such as investments in associates, are recognised directly in other comprehensive income.Recognition in the consolidated financial statements When preparing the consolidated financial statements, the statement of profit or loss of entities with a functional currency other than DKK are translated at the average exchange rate for the period, and statement of financial position items are translated at the closing rate at the end of the reporting period.Foreign exchange differences arising on translation of the equity of for-eign entities and on translation of receivables considered part of net in-vestment are recognised directly in other comprehensive income. Foreign exchange differences arising on the translation of statement of profit or loss from the average exchange rate for the period to the ex-change rate at the reporting date are recognised in other comprehensive income. Adjustments are presented within the translation reserve in equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__33-1": {
"value": "Presentation of the Annual ReportStatement of cash flowsThe statement of cash flows is prepared using the indirect method based on operating profit before depreciation and amortisation (EBITDA) before special items. The statement of cash flows cannot be derived directly from the statement of financial position and the statement of profit or loss.The profit or loss and cash flow impact of leases recognised for the year are specified below:Lease effects recognised in profit or loss and cash flow (DKKm) 20222023Profit or lossIncome from subleasing of ROU assets 79 14Gain on sale and leaseback transactions 101 109Expenses relating to short-term leases (591) (563)Expenses relating to leases of low-value assets (655) (635)Expenses relating to variable lease payments not included in the measurement of lease liabilities (70) (97)Depreciation of ROU assets (4,028) (3,761)Interest expenses on lease liabilities (851) (727)Total profit or loss for leases (6,015) (5,660)Cash flowTotal cash outflow for leases 4,756 4,461Non-cash change",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashFlowStatementExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__32": {
"value": "Presentation of the Annual ReportStatement of cash flowsThe statement of cash flows is prepared using the indirect method based on operating profit before depreciation and amortisation (EBITDA) before special items. The statement of cash flows cannot be derived directly from the statement of financial position and the statement of profit or loss.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__34": {
"value": "New accounting regulationsThe IASB has issued a number of new standards and amendments not yet in effect or adopted by the EU and therefore not relevant for the prepara-tion of the 2023 consolidated financial statements. DSV expects to im-plement the standards and amendments when they take effect.None of the new standards issued are currently expected to have signifi-cant impact on the Group\u2019s financial statements when implemented.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__39": {
"value": "Accounting policiesOperating segments are defined by the operational and management structure of DSV, which is derived from the types of services we deliver and our geographical presence on the global market. As such, our operat-ing segments reflect our Divisional and Group reporting used for manage-ment decision making.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__38": {
"value": "global",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__37": {
"value": "Denmark",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__36": {
"value": "Denmark",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__35": {
"value": "2.1 Segment informationAccounting policiesOperating segments are defined by the operational and management structure of DSV, which is derived from the types of services we deliver and our geographical presence on the global market. As such, our operat-ing segments reflect our Divisional and Group reporting used for manage-ment decision making.Operating segmentsOur business operations are carried out by three divisions, forming the basis of our segment reporting.Air & Sea The Air & Sea division operates a global network specialising in transpor-tation of cargo by air and sea. The division offers both conventional freight forwarding services and tailored project cargo solutions.Road The Road division offers road freight services, including full load, part load and groupage. The division operates a European network and furthermore has operations in North America, South Africa and in the Middle East.Solutions The Solutions division offers warehousing and logistics services globally. The service portfolio includes freight management, customs clearance, order management and e-commerce solutions.Measurement of earnings by segmentOur operating segments are measured and reported down to operating profit before special items. This reporting adheres to the accounting poli-cies disclosed in these consolidated financial statements. Segment income and costs, as well as assets and liabilities, comprise items directly attributable to the segment as well as items that may be allocat-ed to the segment on a reliable basis.Income and costs relating to Group functions, investing activities, etc., are managed at Group level. These items are not included in the statement of segment information, but are presented under \u2018non- allocated items and eliminations\u2019.Financial position of operating segmentsAssets and liabilities are included in the segmental reporting to the extent they are used for the operation of the segment. Assets and liabilities that cannot be attributed to any of the three seg-ments on a reliable basis are presented under \u2018non-allocated items and eliminations\u2019.Geographical information DSV operates in most parts of the world and has activities in more than 80 countries, which are divided into the following geographical regions:\u2022 EMEA: Europe, Middle East and Africa\u2022 Americas: North and South America\u2022 APAC: Asia, Australia and the PacificRevenue and non-current assets are allocated to the geographical areas according to the country in which the individual consolidated entity is based. Please refer to note 2.2 for regional segmentation of revenue. The corporate headquarters of DSV is located in Denmark, which is in the EMEA region. Our business is based on transactions in our global network rather than in individual countries or regions. Intersegment transactions are made on an arm\u2019s length basis.Major customersDSV is not reliant on any major customers. No single customer exceeds 5% of the consolidated Group revenue.Non-allocated items Air & Sea Road Solutionsand eliminations Tota lSegment information \u2013 divisions (DKKm)2023 2022 2023 2022 2023 2022 2023 2022 2023 2022Condensed statement of profit or lossRevenue 92,438 172,868 35,509 38,746 22,482 23,826 356 225 150,785 235,665Intersegment revenue 534 1,563 2,646 2,761 658 583 (3,838) (4,907) - -Divisional revenue 92,972 174,431 38,155 41,507 23,140 24,409 (3,482) (4,682) 150,785 235,665Direct costs 67,002 139,807 30,295 33,596 13,630 15,091 (3,960) (4,978) 106,967 183,516Gross profit 25,970 34,624 7,860 7,911 9,510 9,318 478 296 43,818 52,149Other external costs 3,574 4,244 1,428 1,425 1,782 1,759 (1,946) (1,869) 4,838 5,559Staff costs 7,877 8,471 3,574 3,543 2,418 2,254 2,114 2,047 15,983 16,315Operating profit before amortisation and depreciation (EBITDA) before special items 14,519 21,909 2,858 2,943 5,310 5,305 310 118 22,997 30,275Amortisation and depreciation 1,156 1,251 849 903 2,955 2,604 314 313 5,274 5,071Operating profit (EBIT) before special items* 13,363 20,658 2,009 2,040 2,355 2,701 (4) (195) 17,723 25,204Condensed statement of financial positionTotal gross investments 1,776 1,797 1,057 501 5,229 4,338 475 165 8,537 6,801Total assets 80,257 93,821 25,702 24,437 30,730 29,347 10,421 11,440 147,110 159,045Total liabilities 50,336 67,546 19,057 17,547 24,658 23,357 (15,907) (21,146) 78,144 87,304* Reference is made to the statement of profit or loss for reconciliation of operating profit (EBIT) before special items to profit for the year.Revenue Non-current assets**Geographical information \u2013 major countries (DKKm)2023 2022 2023 2022USA 26,399 52,826 3,184 2,431Germany 12,187 17,684 1,786 1,526Denmark 11,534 17,071 4,297 4,159China 6,714 10,415 469 465United Kingdom 5,845 9,761 1,054 896Other 88,106 127,908 14,456 14,750Total 150,785 235,665 25,246 24,227Non-current assets**Geographical information \u2013 regions (DKKm) 2023 2022EMEA 18,416 18,179Americas 4,625 3,593APAC 2,205 2,455Total 25,246 24,227** Non-current assets less tax assets, customer relationships and goodwill.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__41-1": {
"value": "2.2 RevenueAccounting policiesRevenue comprises sale of services and other operating income. Sale of services comprises freight forwarding services, contract logistics, sale of property projects and other related services rendered. Other operating income includes rental income from terminal and building leases, gains from disposal of non-current assets and income from insurance contracts. Revenue from services rendered is recognised in accordance with the over-time recognition principle following the satisfaction of various mile-stones as the performance obligations are fulfilled towards the customer. Our main services comprise the following:Air services Air services comprise air freight logistics. Air services are reported within the Air & Sea operating segment. Air services are characterised by short delivery times, as most air transports are completed within a few days. Sea servicesSea services comprise sea freight logistics. Sea services are reported within the Air & Sea operating segment. Sea services are characterised by longer delivery times, averaging one month depending on destination. Road servicesRoad services comprise road freight logistics. Road services are reported within the Road operating segment. Road services are characterised by short delivery times, as most road transports are completed within a few days. Solutions servicesSolutions services comprise contract logistics, incl. warehousing and in-ventory management. Solutions services are reported within the Solu-tions operating segment. Solutions services are characterised by very short delivery times, happening almost instanta neously.Recognition principlesRevenue from services rendered are recognised based on the price speci-fied in the contract with the customer. Revenue is measured excluding VAT and other taxes collected on behalf of third parties, and any discounts are offset against the revenue. Incremental costs of obtaining a contract with a customer are not recognised as an asset but as a cost when in-curred, due to the short delivery times. Trade receivables are recognised as services invoiced to the customer. Trade receivables are not adjusted for financing components due to short credit terms, typically ranging from 14 to 60 days, rendering the financ-ing component insignificant. Where services rendered have yet to be in-voiced and invoices on services received from hauliers still have to be received, contract assets and accrued cost of services are recognised at the reporting date. Revenue allocated to remaining performance obligations are not disclosed following the practical expedient of IFRS 15. Revenue also comprises income from sale of property projects in the form of sale of land and buildings acquired, constructed and held for sale in the ordinary course of business. Revenue from property projects is recognised at a point in time in the operating segment to which it relates. Revenue is recognised based on the price and performance obligations specified in the contract with the cus-tomer. Delivery times on property projects are typically 8-18 months.If the property is leased back after completion, the right-of-use asset arising from the leaseback is recognised at the proportion of the previous carrying amount of the asset that relates to the right of use retained by DSV.Services and geographical segmentation of revenue is specified as follows:EMEA Americas APAC TotalServices and geogra phical segmentation of revenue (DKKm)2023 2022 2023 2022 2023 2022 2023 2022Air services 20,793 30,258 15,189 28,083 14,622 32,250 50,604 90,591Sea services 20,607 41,386 14,243 28,494 7,518 13,960 42,368 83,840Road services 34,624 37,453 3,531 4,054 - - 38,155 41,507Solutions services 15,062 16,537 4,803 4,382 3,275 3,490 23,140 24,409Total 91,086 125,634 37,766 65,013 25,415 49,700 154,267 240,347Non-allocated items and eliminations (3,482) (4,682)Total revenue 150,785 235,665Revenue is specified as follows:Revenue (DKKm) 2023 2022Sale of services 149,916 234,669Other operating income 869 996Total 150,785 235,665Sale of property projects presented within sale of services constitutes less than 1% of total revenue (2022: less than 1%). Income from insur-ance contracts presented within other operating income constitutes less than 1% of total revenue (2022: less than 1%).3.4 Contract assets and accrued cost of services Accounting policiesContract assets and accrued costs of services include accrued revenue and accrued costs from freight forwarding services, contract logistics and other related services in progress. Contract assets are recognised when a sales transaction fulfils the criteria for revenue recognition, but the final invoice has yet to be issued to the customer for the services delivered. Please refer to note 4.4 for disclosure of credit risk, as trade receivables carry substantially the same characteris-tics as contract assets.Accrued costs of services are estimated and recognised when supplier in-voices relating to recognised revenue for the reporting period have yet to be received.Management judgements and estimatesIn the preparation of the consolidated financial statements, significant estimates are applied in assessing services in progress, including accrual of income and pertaining direct costs. These estimates are based on experi-ence and continuous follow-up on services in progress relative to sub-sequent invoicing.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__40": {
"value": "2.2 RevenueAccounting policiesRevenue comprises sale of services and other operating income. Sale of services comprises freight forwarding services, contract logistics, sale of property projects and other related services rendered. Other operating income includes rental income from terminal and building leases, gains from disposal of non-current assets and income from insurance contracts. Revenue from services rendered is recognised in accordance with the over-time recognition principle following the satisfaction of various mile-stones as the performance obligations are fulfilled towards the customer. Our main services comprise the following:Air services Air services comprise air freight logistics. Air services are reported within the Air & Sea operating segment. Air services are characterised by short delivery times, as most air transports are completed within a few days. Sea servicesSea services comprise sea freight logistics. Sea services are reported within the Air & Sea operating segment. Sea services are characterised by longer delivery times, averaging one month depending on destination. Road servicesRoad services comprise road freight logistics. Road services are reported within the Road operating segment. Road services are characterised by short delivery times, as most road transports are completed within a few days. Solutions servicesSolutions services comprise contract logistics, incl. warehousing and in-ventory management. Solutions services are reported within the Solu-tions operating segment. Solutions services are characterised by very short delivery times, happening almost instanta neously.Recognition principlesRevenue from services rendered are recognised based on the price speci-fied in the contract with the customer. Revenue is measured excluding VAT and other taxes collected on behalf of third parties, and any discounts are offset against the revenue. Incremental costs of obtaining a contract with a customer are not recognised as an asset but as a cost when in-curred, due to the short delivery times. Trade receivables are recognised as services invoiced to the customer. Trade receivables are not adjusted for financing components due to short credit terms, typically ranging from 14 to 60 days, rendering the financ-ing component insignificant. Where services rendered have yet to be in-voiced and invoices on services received from hauliers still have to be received, contract assets and accrued cost of services are recognised at the reporting date. Revenue allocated to remaining performance obligations are not disclosed following the practical expedient of IFRS 15. Revenue also comprises income from sale of property projects in the form of sale of land and buildings acquired, constructed and held for sale in the ordinary course of business. Revenue from property projects is recognised at a point in time in the operating segment to which it relates. Revenue is recognised based on the price and performance obligations specified in the contract with the cus-tomer. Delivery times on property projects are typically 8-18 months.If the property is leased back after completion, the right-of-use asset arising from the leaseback is recognised at the proportion of the previous carrying amount of the asset that relates to the right of use retained by DSV.Services and geographical segmentation of revenue is specified as follows:EMEA Americas APAC TotalServices and geogra phical segmentation of revenue (DKKm)2023 2022 2023 2022 2023 2022 2023 2022Air services 20,793 30,258 15,189 28,083 14,622 32,250 50,604 90,591Sea services 20,607 41,386 14,243 28,494 7,518 13,960 42,368 83,840Road services 34,624 37,453 3,531 4,054 - - 38,155 41,507Solutions services 15,062 16,537 4,803 4,382 3,275 3,490 23,140 24,409Total 91,086 125,634 37,766 65,013 25,415 49,700 154,267 240,347Non-allocated items and eliminations (3,482) (4,682)Total revenue 150,785 235,665Revenue is specified as follows:Revenue (DKKm) 2023 2022Sale of services 149,916 234,669Other operating income 869 996Total 150,785 235,665Sale of property projects presented within sale of services constitutes less than 1% of total revenue (2022: less than 1%). Income from insur-ance contracts presented within other operating income constitutes less than 1% of total revenue (2022: less than 1%).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__42-1": {
"value": "Accounting policiesRevenue comprises sale of services and other operating income. Sale of services comprises freight forwarding services, contract logistics, sale of property projects and other related services rendered. Other operating income includes rental income from terminal and building leases, gains from disposal of non-current assets and income from insurance contracts. Revenue from services rendered is recognised in accordance with the over-time recognition principle following the satisfaction of various mile-stones as the performance obligations are fulfilled towards the customer. Our main services comprise the following:Air services Air services comprise air freight logistics. Air services are reported within the Air & Sea operating segment. Air services are characterised by short delivery times, as most air transports are completed within a few days. Sea servicesSea services comprise sea freight logistics. Sea services are reported within the Air & Sea operating segment. Sea services are characterised by longer delivery times, averaging one month depending on destination. Road servicesRoad services comprise road freight logistics. Road services are reported within the Road operating segment. Road services are characterised by short delivery times, as most road transports are completed within a few days. Solutions servicesSolutions services comprise contract logistics, incl. warehousing and in-ventory management. Solutions services are reported within the Solu-tions operating segment. Solutions services are characterised by very short delivery times, happening almost instanta neously.Recognition principlesRevenue from services rendered are recognised based on the price speci-fied in the contract with the customer. Revenue is measured excluding VAT and other taxes collected on behalf of third parties, and any discounts are offset against the revenue. Incremental costs of obtaining a contract with a customer are not recognised as an asset but as a cost when in-curred, due to the short delivery times. Trade receivables are recognised as services invoiced to the customer. Trade receivables are not adjusted for financing components due to short credit terms, typically ranging from 14 to 60 days, rendering the financ-ing component insignificant. Where services rendered have yet to be in-voiced and invoices on services received from hauliers still have to be received, contract assets and accrued cost of services are recognised at the reporting date. Revenue allocated to remaining performance obligations are not disclosed following the practical expedient of IFRS 15. Revenue also comprises income from sale of property projects in the form of sale of land and buildings acquired, constructed and held for sale in the ordinary course of business. Revenue from property projects is recognised at a point in time in the operating segment to which it relates. Revenue is recognised based on the price and performance obligations specified in the contract with the cus-tomer. Delivery times on property projects are typically 8-18 months.If the property is leased back after completion, the right-of-use asset arising from the leaseback is recognised at the proportion of the previous carrying amount of the asset that relates to the right of use retained by DSV.Services and geographical segmentation of revenue is specified as follows:Accounting policiesContract assets and accrued costs of services include accrued revenue and accrued costs from freight forwarding services, contract logistics and other related services in progress. Contract assets are recognised when a sales transaction fulfils the criteria for revenue recognition, but the final invoice has yet to be issued to the customer for the services delivered. Please refer to note 4.4 for disclosure of credit risk, as trade receivables carry substantially the same characteris-tics as contract assets.Accrued costs of services are estimated and recognised when supplier in-voices relating to recognised revenue for the reporting period have yet to be received.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__44-1": {
"value": "2.3 Direct costsAccounting policiesDirect costs comprise costs paid to generate the revenue. Direct costs in-clude settlement of accounts with haulage contractors, shipping companies, airlines, etc. Direct costs also include staff costs relating to hourly workers used for fulfilling orders and other direct costs of operation, such as rental of logistics facilities and costs relating to property projects.Direct costs (DKKm) 2023 2022Cost of carriers 92,286 169,068Staff costs, hourly workers 7,669 7,647Other costs of operation 7,012 6,801Total 106,967 183,5162.4 Other external costsAccounting policiesOther external costs comprise costs relating to IT, marketing, consultants, other rent, training and education, office premises, travelling, communi-cations as well as other selling and administrative costs, less costs trans-ferred to direct costs.Other external costs (DKKm) 2023 2022Other external costs 11,850 12,360Transferred to direct costs (7,012) (6,801)Total 4,838 5,5592.5 Staff costsAccounting policiesStaff costs comprise salaries and wages, pension costs, social security costs, costs relating to share options schemes and other staff costs for salaried employees. Staff costs for hourly workers, recognised as direct costs, are excluded.Staff costs are recognised in the financial year in which the employee renders the related service. Costs related to long-term employee bene-fits, e.g. share-based payments, are recognised in the periods in which they are earned.Reference is made to note 3.7 for detailed information regarding pensions and other post-employment benefit plans, note 6.3 for information on remuneration of the Executive Board and the Board of Directors and note 6.2 for detailed information on the Group\u2019s share option schemes.Staff costs (DKKm) 2023 2022Salaries and wages, etc. 19,590 20,111Defined contribution pension plans 728 745Defined benefit pension plans 54 84Other social security costs 3,013 2,820Share-based payments 267 202Total 23,652 23,962Classification in the statement of profit or loss:Hourly workers \u2013 recognised as direct costs 7,669 7,647Salaried employees \u2013 recognised as staff costs 15,983 16,315Total 23,652 23,962Weighted average number of FTEs 74,839 76,583Number of FTEs at year-end 73,577 76,283",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__45-1": {
"value": "Accounting policiesDirect costs comprise costs paid to generate the revenue. Direct costs in-clude settlement of accounts with haulage contractors, shipping companies, airlines, etc. Direct costs also include staff costs relating to hourly workers used for fulfilling orders and other direct costs of operation, such as rental of logistics facilities and costs relating to property projects.Accounting policiesOther external costs comprise costs relating to IT, marketing, consultants, other rent, training and education, office premises, travelling, communi-cations as well as other selling and administrative costs, less costs trans-ferred to direct costs.Accounting policiesStaff costs comprise salaries and wages, pension costs, social security costs, costs relating to share options schemes and other staff costs for salaried employees. Staff costs for hourly workers, recognised as direct costs, are excluded.Staff costs are recognised in the financial year in which the employee renders the related service. Costs related to long-term employee bene-fits, e.g. share-based payments, are recognised in the periods in which they are earned.Reference is made to note 3.7 for detailed information regarding pensions and other post-employment benefit plans, note 6.3 for information on remuneration of the Executive Board and the Board of Directors and note 6.2 for detailed information on the Group\u2019s share option schemes.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__43": {
"value": "Revenue is specified as follows:Revenue (DKKm) 2023 2022Sale of services 149,916 234,669Other operating income 869 996Total 150,785 235,665Sale of property projects presented within sale of services constitutes less than 1% of total revenue (2022: less than 1%). Income from insur-ance contracts presented within other operating income constitutes less than 1% of total revenue (2022: less than 1%).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__56": {
"value": "2.6 Amortisation and depreciationAccounting policiesAmortisation and depreciation for the year are recognised based on the amor tisation and depreciation profiles of the underlying assets (reference is made to notes 3.2, 3.3 and 3.6).Amortisation and depre ci ation (DKKm) 2023 2022Customer relationships 178 254Software 154 185Buildings 341 341Other plant and operating equipment 610 530ROU assets \u2013 land and buildings 3,888 3,549ROU assets \u2013 other plant and operating equipment140 212Net gain on sale of assets(37) -Total 5,274 5,071",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__50-1": {
"value": "2.5 Staff costsAccounting policiesStaff costs comprise salaries and wages, pension costs, social security costs, costs relating to share options schemes and other staff costs for salaried employees. Staff costs for hourly workers, recognised as direct costs, are excluded.Staff costs are recognised in the financial year in which the employee renders the related service. Costs related to long-term employee bene-fits, e.g. share-based payments, are recognised in the periods in which they are earned.Reference is made to note 3.7 for detailed information regarding pensions and other post-employment benefit plans, note 6.3 for information on remuneration of the Executive Board and the Board of Directors and note 6.2 for detailed information on the Group\u2019s share option schemes.Staff costs (DKKm) 2023 2022Salaries and wages, etc. 19,590 20,111Defined contribution pension plans 728 745Defined benefit pension plans 54 84Other social security costs 3,013 2,820Share-based payments 267 202Total 23,652 23,962Classification in the statement of profit or loss:Hourly workers \u2013 recognised as direct costs 7,669 7,647Salaried employees \u2013 recognised as staff costs 15,983 16,315Total 23,652 23,962Weighted average number of FTEs 74,839 76,583Number of FTEs at year-end 73,577 76,2833.7 Pensions and other post-employment benefit plansAccounting policiesPension obligations relating to defined contribution plans, under which the Group pays regular pension contributions to independent pension funds, are recognised in the statement of profit or loss for the period in which they are earned. Contributions payable are recognised in the statement of financial position under other current liabilities.In regards to defined benefit plans, an actuarial valuation of the present value of future benefits payable under the plan is made once a year. The present value is calculated based on various assumptions, including the fu-ture development in wage/salary levels, interest rates, inflation and mortal-ity. The present value is only calculated for benefits to which the employees have become entitled during their employment with the Group. The actuar-ial calculation of the present value less the fair value of assets under the plan is recognised in the statement of financial position under pensions and other post-employment benefit plans. Pension costs for the year are rec-ognised in the statement of profit or loss based on actuarial estimates and the financial outlook at the beginning of the year.Differences between the calculated development in pension plan assets and liabilities and the realised values are recognised in other comprehensive income as actuarial gains or losses.Changes in benefits payable for employees\u2019 past services to the company result in an adjustment of the actuarial calculation of the present value, which is classified as past service costs. Past service costs are charged to the statement of profit or loss immediately if the employees have already earned the right to the adjusted benefits. Otherwise, they will be recog-nised in the statement of profit or loss over the period in which the em-ployees earn the right to the adjusted benefits.Management judgements and estimatesIn determining pension obligations, Management makes use of valuations from external and independent actuaries as basis for the estimates ap-plied. The actuarial assumptions used in the valuations vary from country to country owing to national, economic and social conditions.Pension obligationsPension obligations at 31 December are specified as follows:Pension obligations (DKKm) 2023 2022Present value of defined benefit plans 4,983 4,112Fair value of pension plan assets 3,702 2,929Pension obligations, net 1,281 1,183Of these obligations, DKK 873 million relates to unfunded pension obliga-tions (2022: DKK 856 million) and DKK 408 million relates to partly funded obligations (2022: DKK 327 million). The latter is primarily due to the Swiss plans being overfunded. Total pension costs for the yearIn 2023, net costs of DKK 602 million relating to the Group\u2019s pension plans were recognised in the statement of profit or loss (2022: DKK 848 million) and specify as follows:Defined Defined contribution benefit Pension cost 2023 (DKKm) plansplans Tota lStaff costs 728 54 782Special items - (227) (227)Financial expenses - 47 47Total costs recognised 728 (126) 602Defined Defined contribution benefit Pension cost 2022 (DKKm) plansplans Tota lStaff costs 745 84 829Financial expenses - 19 19Total costs recognised 745 103 848Defined benefit pension obligationsDevelopment in the present value of defined benefit pension obligations is specified as follows:Defined benefit pension obligations (DKKm) 20222023Obligations at 1 January 4,112 5,693Current service cost 86 135Past service cost from plan amendments, curtailments and gains/losses on settlements (259) 9Total obligations recognised Calculated interest on obligations 174 754,983Actuarial gains/losses arising from changes in financial assumptions 243 (1,283)4,112Actuarial gains/losses arising from changes in demographic assumptions 3 (23)Actuarial gains/losses arising from experience adjustments (14) 39Payments from the plan (87) (521)Settlement payments from the plan 596 -Additions from business combinations 4 -Currency translation 125 (12)Obligations at 31 December 4,983 4,112Settlement payments from the plan, DKK 596 million relate to DSV taking over pensioners from the pension fund formerly used by the acquired GIL entities. The expected average duration of the obligations is 13 years.Expected maturity of pension obligations (DKKm) 202220230-1 year 581 5011-5 years 1,115 933> 5 years 3,287 2,678Pension plan assetsDevelopment in the fair value of pension plan assets is specified as follows:Pension plan assets (DKKm) 2023 2022Pension plan assets at 1 January 2,929 4,785Calculated interest on plan assets 126 56Return on plan assets excluding calculated interest 102 (1,288)Contributions to the plan 121 163Payments from the plan (254) (411)Settlement payments from the plan 819 -Asset ceiling (268) (374)Currency translation 127 (2)Pension plan assets at 31 December 3,702 2,929Actuarial loss included in statement of comprehensive income amounts to DKK 398 million. DSV expects to contribute DKK 67 million to defined benefit plan assets in 2024 (2023: DKK 61 million). The pension plan assets are composed as follows:Composition of pension plan assets (%) 2023 2022Shares 42% 47%Bonds 51% 44%Insurance contracts 7% 9% Total 100% 100%Sensitivity analysisThe following table illustrates the change in the gross obligation relating to defined benefit plans from a change in the key actuarial assumptions. The analysis is based on reasonably probable changes, provided that the other parameters remain unchanged.Sensitivity analysis (DKKm) 2023 2022Defined benefit pension obligations 4,983 4,112Discount rateIncrease of 0.5 percentage point 4,698 3,888Decrease of 0.5 percentage point 5,276 4,346Future wage/salary increaseIncrease of 0.5 percentage point 5,013 4,148Decrease of 0.5 percentage point 4,937 4,071InflationIncrease of 0.5 percentage point 5,104 4,223Decrease of 0.5 percentage point 4,848 3,987Life expectancyLife expectancy increase of 1 year 5,122 4,218Life expectancy decrease of 1 year 4,842 3,986Significant pension plansThe most significant defined benefit plans of the Group relate to Europe, with Germany representing 60% (2022: 62%) and Sweden representing 13% (2022: 13%) of the total net obligation. No other countries have indi-vidual significant net pension obligations. The plan in Sweden is a final pay scheme, which covers all salaried employees born in or before 1978 and is based on a collective labour agreement. Salaried employees born in or after 1979 are covered by a defined contribution plan.The plan in Germany covers both salaried and hourly workers. Under this plan, employees earn a fixed amount for each year in service. The plan has been closed for new employees since 1994. We continuously work to change our defined benefit plans in DSV into defined contribution plans for the benefit of the Group and the employees. The key assumptions applied for the most significant pension plans are as follows:Future Discount wage/salary Future rate Key assumptions 2023 (%)rateincreaseof inflationSweden 3.5% 2.4% 1.9%Germany 3.5% 2.7% 2.2%Other 0-7.3% 0-10.0% 0-3.8%Weighted average 3.6% 2.6% 1.7%Mortality prognosis tablesSweden DUS21 (w-c)Germany RT Heubeck 2018 GFuture Discount wage/salary Future rate Key assumptions 2022 (%)rateincreaseof inflationSweden 3.9% 2.6% 2.1%Germany 4.1% 3.0% 2.4%Other 0.7-7.3% 0-10.0% 0-3.5%Weighted average 4.2% 3.0% 1.8%Mortality prognosis tablesSweden DUS21 (w-c)Germany RT Heubeck 2018 G",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__52-1": {
"value": "Accounting policiesStaff costs comprise salaries and wages, pension costs, social security costs, costs relating to share options schemes and other staff costs for salaried employees. Staff costs for hourly workers, recognised as direct costs, are excluded.Staff costs are recognised in the financial year in which the employee renders the related service. Costs related to long-term employee bene-fits, e.g. share-based payments, are recognised in the periods in which they are earned.Reference is made to note 3.7 for detailed information regarding pensions and other post-employment benefit plans, note 6.3 for information on remuneration of the Executive Board and the Board of Directors and note 6.2 for detailed information on the Group\u2019s share option schemes.Accounting policiesPension obligations relating to defined contribution plans, under which the Group pays regular pension contributions to independent pension funds, are recognised in the statement of profit or loss for the period in which they are earned. Contributions payable are recognised in the statement of financial position under other current liabilities.In regards to defined benefit plans, an actuarial valuation of the present value of future benefits payable under the plan is made once a year. The present value is calculated based on various assumptions, including the fu-ture development in wage/salary levels, interest rates, inflation and mortal-ity. The present value is only calculated for benefits to which the employees have become entitled during their employment with the Group. The actuar-ial calculation of the present value less the fair value of assets under the plan is recognised in the statement of financial position under pensions and other post-employment benefit plans. Pension costs for the year are rec-ognised in the statement of profit or loss based on actuarial estimates and the financial outlook at the beginning of the year.Differences between the calculated development in pension plan assets and liabilities and the realised values are recognised in other comprehensive income as actuarial gains or losses.Changes in benefits payable for employees\u2019 past services to the company result in an adjustment of the actuarial calculation of the present value, which is classified as past service costs. Past service costs are charged to the statement of profit or loss immediately if the employees have already earned the right to the adjusted benefits. Otherwise, they will be recog-nised in the statement of profit or loss over the period in which the em-ployees earn the right to the adjusted benefits.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__57-1": {
"value": "Accounting policiesAmortisation and depreciation for the year are recognised based on the amor tisation and depreciation profiles of the underlying assets (reference is made to notes 3.2, 3.3 and 3.6).Accounting policiesLand and buildings and other plant and operating equipment are measured at cost less accumulated depreciation and impairment losses.The cost comprises the acquisition price and other costs directly attribut-able to preparing the asset for its intended use. The present value of esti-mated costs for dismantling and disposing of assets as well as restoration costs are added to the cost if such costs are recognised as provisions. Material borrowing costs directly attributable to the construction of the individual asset are also added to cost. If the individual components of an asset have different useful lives, each component will be depreciated separately.The cost of self-constructed assets comprises direct and indirect costs for materials, components, subcontractors, wages and salaries. Costs for self-constructed assets are recognised as property, plant and equipment in progress on an ongoing basis until the assets are ready for use.Subsequent costs, such as partial replacement of property, plant and equipment (PPE), are included in the carrying amount of the asset in question when it is probable that such costs will result in future economic benefits. The carrying amount of the replaced parts is disposed from the statement of financial position and recognised in the statement of profit or loss.Depreciation is carried out on a straight-line basis over the expected use-ful lives of the assets. The expected useful lives of the overall asset cate-gories are as follows: \u2022 Terminals and administration buildings: 50-60 years\u2022 Other buildings and building elements: 10-30 years\u2022 Technical plant and machinery: 6-10 years\u2022 Other plant and operating equipment: 3-8 years\u2022 Land is not depreciatedThe basis of depreciation takes into account the residual value of assets and is reduced by any impairment losses. The residual value is calculated on the date of acquisition and reassessed once a year. Depreciation will be halted if the residual value exceeds the carrying amount of the asset.Assets are transferred to assets held for sale if it is highly probable that their carrying amount will be recovered primarily through sale rather than through continuing use.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__53": {
"value": "Staff costs (DKKm) 2023 2022Salaries and wages, etc. 19,590 20,111Defined contribution pension plans 728 745Defined benefit pension plans 54 84Other social security costs 3,013 2,820Share-based payments 267 202Total 23,652 23,962Classification in the statement of profit or loss:Hourly workers \u2013 recognised as direct costs 7,669 7,647Salaried employees \u2013 recognised as staff costs 15,983 16,315Total 23,652 23,962Weighted average number of FTEs 74,839 76,583Number of FTEs at year-end 73,577 76,283",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__48": {
"value": "2.4 Other external costsAccounting policiesOther external costs comprise costs relating to IT, marketing, consultants, other rent, training and education, office premises, travelling, communi-cations as well as other selling and administrative costs, less costs trans-ferred to direct costs.Other external costs (DKKm) 2023 2022Other external costs 11,850 12,360Transferred to direct costs (7,012) (6,801)Total 4,838 5,559",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__47": {
"value": "2.4 Other external costsAccounting policiesOther external costs comprise costs relating to IT, marketing, consultants, other rent, training and education, office premises, travelling, communi-cations as well as other selling and administrative costs, less costs trans-ferred to direct costs.Other external costs (DKKm) 2023 2022Other external costs 11,850 12,360Transferred to direct costs (7,012) (6,801)Total 4,838 5,559",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__61": {
"value": "2.8 Financial income and expensesAccounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.Financial income (DKKm) 2023 2022Interest income 469 323Share of associates\u2019 profit, net of tax 4 7Foreign exchange gain, net - 276Total 473 606Interest income includes interest on financial assets of DKK 469 million (2022: DKK 323 million).Financial expenses (DKKm) 2023 2022Interest expenses on lease liabilities 851 727Interest expenses on borrowings 229 236Interest expenses, bank 349 397Financial expenses on pension obligations, refer to note 3.7 47 19Foreign exchange loss, net 157 -Other financial expenses 73 93Total 1,706 1,472Interest expenses include interest on financial liabilities measured at amortised cost of DKK 1,502 million (2022: DKK 1,453 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__60": {
"value": "2.8 Financial income and expensesAccounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.Financial income (DKKm) 2023 2022Interest income 469 323Share of associates\u2019 profit, net of tax 4 7Foreign exchange gain, net - 276Total 473 606Interest income includes interest on financial assets of DKK 469 million (2022: DKK 323 million).Financial expenses (DKKm) 2023 2022Interest expenses on lease liabilities 851 727Interest expenses on borrowings 229 236Interest expenses, bank 349 397Financial expenses on pension obligations, refer to note 3.7 47 19Foreign exchange loss, net 157 -Other financial expenses 73 93Total 1,706 1,472Interest expenses include interest on financial liabilities measured at amortised cost of DKK 1,502 million (2022: DKK 1,453 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__59": {
"value": "Accounting policiesSpecial items are used in connection with the presentation of profit or loss for the year to distinguish consolidated operating profit from excep-tional items, which by their nature are not related to the Group\u2019s ordinary operations or investment in future activities.Special items in these financial statements comprise restructuring costs, impairment costs, etc., relating to material structural, procedural or man-agerial reorganisations as well as any related gains or losses on disposals.",
"dimensions": {
"concept": "DSV:DescriptionOfAccountingPolicyForSpecialItems",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__72": {
"value": "Accounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__69": {
"value": "Accounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__66": {
"value": "Accounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__62-1": {
"value": "Financial income (DKKm) 2023 2022Interest income 469 323Share of associates\u2019 profit, net of tax 4 7Foreign exchange gain, net - 276Total 473 606Interest income includes interest on financial assets of DKK 469 million (2022: DKK 323 million).Accounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__63-1": {
"value": "Financial income (DKKm) 2023 2022Interest income 469 323Share of associates\u2019 profit, net of tax 4 7Foreign exchange gain, net - 276Total 473 606Interest income includes interest on financial assets of DKK 469 million (2022: DKK 323 million).Accounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__64-1": {
"value": "Financial expenses (DKKm) 2023 2022Interest expenses on lease liabilities 851 727Interest expenses on borrowings 229 236Interest expenses, bank 349 397Financial expenses on pension obligations, refer to note 3.7 47 19Foreign exchange loss, net 157 -Other financial expenses 73 93Total 1,706 1,472Interest expenses include interest on financial liabilities measured at amortised cost of DKK 1,502 million (2022: DKK 1,453 million).Accounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__65-1": {
"value": "Financial expenses (DKKm) 2023 2022Interest expenses on lease liabilities 851 727Interest expenses on borrowings 229 236Interest expenses, bank 349 397Financial expenses on pension obligations, refer to note 3.7 47 19Foreign exchange loss, net 157 -Other financial expenses 73 93Total 1,706 1,472Interest expenses include interest on financial liabilities measured at amortised cost of DKK 1,502 million (2022: DKK 1,453 million).Accounting policiesFinancial income and expenses include interest, share of associates\u2019 net result, foreign exchange gains and losses, bank charges as well as amortisa-tion of financial assets and liabilities, including lease liabilities. Furthermore, realised and unrealised gains and losses on derivative financial instruments that cannot be classified as hedging contracts are included.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__58": {
"value": "2.7 Special itemsAccounting policiesSpecial items are used in connection with the presentation of profit or loss for the year to distinguish consolidated operating profit from excep-tional items, which by their nature are not related to the Group\u2019s ordinary operations or investment in future activities.Special items in these financial statements comprise restructuring costs, impairment costs, etc., relating to material structural, procedural or man-agerial reorganisations as well as any related gains or losses on disposals. Management judgements and estimatesIn the classification of special items, judgement is applied in ensuring that only exceptional items not associated with the ordinary operations of the Group are included.Special items (DKKm) 2023 2022Settlement of defined benefit plans relating to previous acquisitions (227) -Restructuring and integration costs 160 1,117Termination benefits to the Executive Board 67 -Special items, costs - 1,1172023 2022Reported Adjusted Reported Adjusted statement statement statement statement of profit Special of profit of profit Specialof profit Special items bridge (DKKm) or lossitemsor loss or lossitemsor loss Revenue 150,785 - 150,785 235,665 - 235,665Direct costs 106,967 - 106,967 183,516 19 183,535Gross profit 43,818 - 43,818 52,149 (19) 52,130Other external costs 4,838 - 4,838 5,559 237 5,796Staff costs 15,983 (18) 15,965 16,315 653 16,968Operating profit before amortisation and depreciation 22,997 18 23,015 30,275 (909) 29,366Amortisation and depreciation 5,274 18 5,292 5,071 213 5,284Operating profit 17,723 - 17,723 25,204 (1,122) 24,082Special items, costs - - - 1,117 (1,117) -Financial income 473 - 473 606 - 606Financial expenses 1,706 - 1,706 1,472 (5) 1,467Profit before tax 16,490 - 16,490 23,221 - 23,221",
"dimensions": {
"concept": "DSV:DisclosureOfSpecialItems",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__76": {
"value": "GoodwillThe carrying amount of goodwill is tested for impairment at least annually together with other non-current assets of the Group.Impairment testing is performed for the lowest cash-generating unit to which consolidated goodwill is allocated, as defined by our divisional management and operational structure. The cash-generating units there-by follow our divisional structure: Air & Sea, Road and Solutions.Goodwill is written down to its recoverable amount through the state-ment of profit or loss if lower than the carrying amount.The recoverable amount is determined as the present value of the discounted future net cash flow from the cash-generating unit to which the goodwill relates. In calculating the present value, discount rates are applied reflecting the risk-free interest rate with the addition of risks relating to the individual cash-generating units, such as geographical and financial exposure.Other non-current intangible assets and property, plant and equipmentThe carrying amount of other non-current assets is tested for impairment at least once a year in connection with the impairment test of goodwill. If the tests show evidence of impairment, the asset is written down to the recoverable amount through the statement of profit or loss. The recover-able amount is the higher of the fair value of the asset less the expected costs to sell and its value in use.The value in use is calculated as the present value of expected future cash flows from the asset or the division of which the asset forms part.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__75": {
"value": "GoodwillThe carrying amount of goodwill is tested for impairment at least annually together with other non-current assets of the Group.Impairment testing is performed for the lowest cash-generating unit to which consolidated goodwill is allocated, as defined by our divisional management and operational structure. The cash-generating units there-by follow our divisional structure: Air & Sea, Road and Solutions.Goodwill is written down to its recoverable amount through the state-ment of profit or loss if lower than the carrying amount.The recoverable amount is determined as the present value of the discounted future net cash flow from the cash-generating unit to which the goodwill relates. In calculating the present value, discount rates are applied reflecting the risk-free interest rate with the addition of risks relating to the individual cash-generating units, such as geographical and financial exposure.Other non-current intangible assets and property, plant and equipmentThe carrying amount of other non-current assets is tested for impairment at least once a year in connection with the impairment test of goodwill. If the tests show evidence of impairment, the asset is written down to the recoverable amount through the statement of profit or loss. The recover-able amount is the higher of the fair value of the asset less the expected costs to sell and its value in use.The value in use is calculated as the present value of expected future cash flows from the asset or the division of which the asset forms part.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__74-1": {
"value": "3.1 Impairment testGoodwillThe carrying amount of goodwill is tested for impairment at least annually together with other non-current assets of the Group.Impairment testing is performed for the lowest cash-generating unit to which consolidated goodwill is allocated, as defined by our divisional management and operational structure. The cash-generating units there-by follow our divisional structure: Air & Sea, Road and Solutions.Goodwill is written down to its recoverable amount through the state-ment of profit or loss if lower than the carrying amount.The recoverable amount is determined as the present value of the discounted future net cash flow from the cash-generating unit to which the goodwill relates. In calculating the present value, discount rates are applied reflecting the risk-free interest rate with the addition of risks relating to the individual cash-generating units, such as geographical and financial exposure.Other non-current intangible assets and property, plant and equipmentThe carrying amount of other non-current assets is tested for impairment at least once a year in connection with the impairment test of goodwill. If the tests show evidence of impairment, the asset is written down to the recoverable amount through the statement of profit or loss. The recover-able amount is the higher of the fair value of the asset less the expected costs to sell and its value in use.The value in use is calculated as the present value of expected future cash flows from the asset or the division of which the asset forms part.Management judgements and estimatesFor goodwill impairment testing, a number of estimates are made on the development in revenues, gross profits, conversion ratios, future capital expenditures, discount rates and growth expectations in the terminal pe-riod. These are based on an assessment of current and future develop-ments in the three cash-generating units and on historical data and as-sumptions of future expected market developments, including expected long-term average market growth rates. Data includes both internal and external data sources.Material value drivers affecting the future net cash flows of the three cash-generating units are:Air & SeaThe Air & Sea division operates globally, so developments in the global economy and world trade therefore have a material impact on the divi-sion\u2019s future net cash flow. Developments in gross profit per shipment, cost development and management initiatives in internal productivity (number of shipments per employee) also affect the division\u2019s cash flow.RoadThe Road division mainly operates on the EMEA and US markets, which means that the division\u2019s future net cash flow is affected by the growth rate in these regions. Developments in gross profit per shipment, including truck and terminal utilisation rates, cost development and management initiatives in internal productivity (number of shipments per employee) also affect the division\u2019s cash flow.SolutionsThe Solutions division operates globally, so developments in the global economy and world trade therefore have a material impact on the divi-sion\u2019s future net cash flow. Developments in warehouse lease costs and costs of related services, utilisation of warehouse facilities, cost develop-ment and management initiatives in internal productivity (number of order lines per employee) also affect the division\u2019s cash flows.Climate-related risksManagement has assessed that no climate-related assumptions are key assumptions for the 2023 impairment test of goodwill. Investments as-sociated with our climate change initiatives, including our commitment to achieve net-zero carbon emissions, are considered when determining the recoverable amount of each cash-generating unit. Impairment test 2023Goodwill was tested for impairment at 31 December 2023. The tests did not result in any impairment of carrying amounts.The expected future net cash flow is based on budgets and business plans approved by Management for the year 2024 and projections for subsequent years up to and including 2028. These projections are based on the assumption of stable global economic development during 2024-26, with average annual GDP growth of at least 3% and transport market growth in line with GDP. From 2026 onwards, DSV expects the growth rate to remain in line with the expected long-term average growth rate for the industry. The budget for 2024 assumes a global GDP growth around 3% and a growth in the global transport markets of 3-4%.In the 2023 impairment test, conversion ratios have replaced operating margins as a key assumption to reflect how the division\u2019s performance is measured. The conversion ratios applied in the impairment test reflect the Group\u2019s communicated long-term targets for 2026. The pre-tax discount rate is calculated in accordance with IAS 36.Sensitivity analysisThe sensitivity analysis assesses the impact of changes in cash flows and discount rates on the impairment test results. The an alysis concluded that even negative changes, which are unlikely to occur, will not result in im-pairment of goodwill in any of the three cash-generating units. The sensitivity analysis shows the lowest possible growth rate or highest possible discount rate in percentage points by which the assumptions used can change before goodwill becomes impaired.Other non-current intangible assets and property, plant and equipment Other non-current assets were also tested for impairment indications to-gether with goodwill at 31 December 2023. No indication of impairment was identified in connection with these tests.2023 2022Goodwill impairment test at 31 December Air & Sea Road Solutions Air & Sea Road SolutionsCarrying amount of goodwill (DKKm) 58,198 8,008 9,568 58,877 7,964 9,452Budget periodAnnual revenue growth 4.0% 4.0% 4.0% 4.0% 4.0% 4.0%Conversion ratio 50.0% 30.0% 30.0% n.a. n.a. n.a.Operating margin n.a. n.a. n.a. 9.1% 5.6% 11.0%Terminal periodGrowth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%Pre-tax discount rate 11.3% 7.9% 9.5% 11.0% 9.7% 11.1%Sensitivity analysisGrowth in budget period \u2013 allowed decline (percentage points) 15.8% 29.0% 11.1% 23.1% 28.2% 9.0%Discount rate \u2013 allowed increase (percentage points) 5.3% 10.7% 2.7% 9.9% 11.0% 2.5%3.2 Intangible assetsAccounting policies GoodwillOnly goodwill arising from business combinations is recognised in the finan-cial statements. Goodwill is measured as the difference between the total of the fair value of the consideration transferred, the value of non-controlling interests and any equity investments previously held in the acquiree, com-pared to the fair value of identifiable net assets on the date of acquisition. Goodwill is not amortised, but is tested for impairment at least annually. Customer relationshipsOn initial recognition, customer relationships identified from business combinations are recognised in the statement of financial position at fair value. Subsequently, customer relationships are measured at cost less accumulated amortisation and impairment losses. Customer relationships are amortised over a period of eight years using the diminishing balance method.Software and software in progressSoftware bought or developed for internal use is measured at the lower of cost less accumulated amortisation and impairment losses and the recover-able amount. Cost comprises payments for the software and other directly attributable costs of preparing the software for its intended use. After commissioning, software is amortised on a straight-line basis over its expected useful life. The amortisation period is 1-8 years.2023 2022Customer Software in Customer Software in Intangible assets (DKKm) Goodwillrelationships Softwareprogress To t a l Goodwillrelationships Softwareprogress To t a lCost at 1 January 76,293 2,574 1,180 342 80,389 75,063 2,565 1,212 280 79,120Additions from business combinations/previous period adjustments 640 - - - 640 370 - - - 370Additions - - 18 327 345 - - 42 238 280Disposals - (10) (82) - (92) - (27) (250) (2) (279)Reclassifications - - 302 (302) 0 - - 174 (174) -Currency translation (1,159) - (7) (3) (1,169) 860 36 2 - 898Total cost at 31 December 75,774 2,564 1,411 364 80,113 76,293 2,574 1,180 342 80,389Total amortisation and impairment at 1 January - 1,981 734 - 2,715 - 1,719 740 - 2,459Amortisation and impairments for the year - 178 154 - 332 - 254 185 - 439Disposals - (10) (30) - (40) - (27) (191) - (218)Reclassification - - - - - - - - - -Currency translation - - - - - - 35 - - 35Total amortisation and impairment at 31 December - 2,149 858 - 3,007 - 1,981 734 - 2,715Carrying amount at 31 December 75,774 415 553 364 77,106 76,293 593 446 342 77,674",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__73": {
"value": "3.1 Impairment testGoodwillThe carrying amount of goodwill is tested for impairment at least annually together with other non-current assets of the Group.Impairment testing is performed for the lowest cash-generating unit to which consolidated goodwill is allocated, as defined by our divisional management and operational structure. The cash-generating units there-by follow our divisional structure: Air & Sea, Road and Solutions.Goodwill is written down to its recoverable amount through the state-ment of profit or loss if lower than the carrying amount.The recoverable amount is determined as the present value of the discounted future net cash flow from the cash-generating unit to which the goodwill relates. In calculating the present value, discount rates are applied reflecting the risk-free interest rate with the addition of risks relating to the individual cash-generating units, such as geographical and financial exposure.Other non-current intangible assets and property, plant and equipmentThe carrying amount of other non-current assets is tested for impairment at least once a year in connection with the impairment test of goodwill. If the tests show evidence of impairment, the asset is written down to the recoverable amount through the statement of profit or loss. The recover-able amount is the higher of the fair value of the asset less the expected costs to sell and its value in use.The value in use is calculated as the present value of expected future cash flows from the asset or the division of which the asset forms part.Management judgements and estimatesFor goodwill impairment testing, a number of estimates are made on the development in revenues, gross profits, conversion ratios, future capital expenditures, discount rates and growth expectations in the terminal pe-riod. These are based on an assessment of current and future develop-ments in the three cash-generating units and on historical data and as-sumptions of future expected market developments, including expected long-term average market growth rates. Data includes both internal and external data sources.Material value drivers affecting the future net cash flows of the three cash-generating units are:Air & SeaThe Air & Sea division operates globally, so developments in the global economy and world trade therefore have a material impact on the divi-sion\u2019s future net cash flow. Developments in gross profit per shipment, cost development and management initiatives in internal productivity (number of shipments per employee) also affect the division\u2019s cash flow.RoadThe Road division mainly operates on the EMEA and US markets, which means that the division\u2019s future net cash flow is affected by the growth rate in these regions. Developments in gross profit per shipment, including truck and terminal utilisation rates, cost development and management initiatives in internal productivity (number of shipments per employee) also affect the division\u2019s cash flow.SolutionsThe Solutions division operates globally, so developments in the global economy and world trade therefore have a material impact on the divi-sion\u2019s future net cash flow. Developments in warehouse lease costs and costs of related services, utilisation of warehouse facilities, cost develop-ment and management initiatives in internal productivity (number of order lines per employee) also affect the division\u2019s cash flows.Climate-related risksManagement has assessed that no climate-related assumptions are key assumptions for the 2023 impairment test of goodwill. Investments as-sociated with our climate change initiatives, including our commitment to achieve net-zero carbon emissions, are considered when determining the recoverable amount of each cash-generating unit. Impairment test 2023Goodwill was tested for impairment at 31 December 2023. The tests did not result in any impairment of carrying amounts.The expected future net cash flow is based on budgets and business plans approved by Management for the year 2024 and projections for subsequent years up to and including 2028. These projections are based on the assumption of stable global economic development during 2024-26, with average annual GDP growth of at least 3% and transport market growth in line with GDP. From 2026 onwards, DSV expects the growth rate to remain in line with the expected long-term average growth rate for the industry. The budget for 2024 assumes a global GDP growth around 3% and a growth in the global transport markets of 3-4%.In the 2023 impairment test, conversion ratios have replaced operating margins as a key assumption to reflect how the division\u2019s performance is measured. The conversion ratios applied in the impairment test reflect the Group\u2019s communicated long-term targets for 2026. The pre-tax discount rate is calculated in accordance with IAS 36.Sensitivity analysisThe sensitivity analysis assesses the impact of changes in cash flows and discount rates on the impairment test results. The an alysis concluded that even negative changes, which are unlikely to occur, will not result in im-pairment of goodwill in any of the three cash-generating units. The sensitivity analysis shows the lowest possible growth rate or highest possible discount rate in percentage points by which the assumptions used can change before goodwill becomes impaired.Other non-current intangible assets and property, plant and equipment Other non-current assets were also tested for impairment indications to-gether with goodwill at 31 December 2023. No indication of impairment was identified in connection with these tests.2023 2022Goodwill impairment test at 31 December Air & Sea Road Solutions Air & Sea Road SolutionsCarrying amount of goodwill (DKKm) 58,198 8,008 9,568 58,877 7,964 9,452Budget periodAnnual revenue growth 4.0% 4.0% 4.0% 4.0% 4.0% 4.0%Conversion ratio 50.0% 30.0% 30.0% n.a. n.a. n.a.Operating margin n.a. n.a. n.a. 9.1% 5.6% 11.0%Terminal periodGrowth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%Pre-tax discount rate 11.3% 7.9% 9.5% 11.0% 9.7% 11.1%Sensitivity analysisGrowth in budget period \u2013 allowed decline (percentage points) 15.8% 29.0% 11.1% 23.1% 28.2% 9.0%Discount rate \u2013 allowed increase (percentage points) 5.3% 10.7% 2.7% 9.9% 11.0% 2.5%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__81": {
"value": "Accounting policies GoodwillOnly goodwill arising from business combinations is recognised in the finan-cial statements. Goodwill is measured as the difference between the total of the fair value of the consideration transferred, the value of non-controlling interests and any equity investments previously held in the acquiree, com-pared to the fair value of identifiable net assets on the date of acquisition. Goodwill is not amortised, but is tested for impairment at least annually.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__80": {
"value": "Accounting policies GoodwillOnly goodwill arising from business combinations is recognised in the finan-cial statements. Goodwill is measured as the difference between the total of the fair value of the consideration transferred, the value of non-controlling interests and any equity investments previously held in the acquiree, com-pared to the fair value of identifiable net assets on the date of acquisition. Goodwill is not amortised, but is tested for impairment at least annually. Customer relationshipsOn initial recognition, customer relationships identified from business combinations are recognised in the statement of financial position at fair value. Subsequently, customer relationships are measured at cost less accumulated amortisation and impairment losses. Customer relationships are amortised over a period of eight years using the diminishing balance method.Software and software in progressSoftware bought or developed for internal use is measured at the lower of cost less accumulated amortisation and impairment losses and the recover-able amount. Cost comprises payments for the software and other directly attributable costs of preparing the software for its intended use. After commissioning, software is amortised on a straight-line basis over its expected useful life. The amortisation period is 1-8 years.2023 2022Customer Software in Customer Software in Intangible assets (DKKm) Goodwillrelationships Softwareprogress To t a l Goodwillrelationships Softwareprogress To t a lCost at 1 January 76,293 2,574 1,180 342 80,389 75,063 2,565 1,212 280 79,120Additions from business combinations/previous period adjustments 640 - - - 640 370 - - - 370Additions - - 18 327 345 - - 42 238 280Disposals - (10) (82) - (92) - (27) (250) (2) (279)Reclassifications - - 302 (302) 0 - - 174 (174) -Currency translation (1,159) - (7) (3) (1,169) 860 36 2 - 898Total cost at 31 December 75,774 2,564 1,411 364 80,113 76,293 2,574 1,180 342 80,389Total amortisation and impairment at 1 January - 1,981 734 - 2,715 - 1,719 740 - 2,459Amortisation and impairments for the year - 178 154 - 332 - 254 185 - 439Disposals - (10) (30) - (40) - (27) (191) - (218)Reclassification - - - - - - - - - -Currency translation - - - - - - 35 - - 35Total amortisation and impairment at 31 December - 2,149 858 - 3,007 - 1,981 734 - 2,715Carrying amount at 31 December 75,774 415 553 364 77,106 76,293 593 446 342 77,674",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__78": {
"value": "3.2 Intangible assetsAccounting policies GoodwillOnly goodwill arising from business combinations is recognised in the finan-cial statements. Goodwill is measured as the difference between the total of the fair value of the consideration transferred, the value of non-controlling interests and any equity investments previously held in the acquiree, com-pared to the fair value of identifiable net assets on the date of acquisition. Goodwill is not amortised, but is tested for impairment at least annually. Customer relationshipsOn initial recognition, customer relationships identified from business combinations are recognised in the statement of financial position at fair value. Subsequently, customer relationships are measured at cost less accumulated amortisation and impairment losses. Customer relationships are amortised over a period of eight years using the diminishing balance method.Software and software in progressSoftware bought or developed for internal use is measured at the lower of cost less accumulated amortisation and impairment losses and the recover-able amount. Cost comprises payments for the software and other directly attributable costs of preparing the software for its intended use. After commissioning, software is amortised on a straight-line basis over its expected useful life. The amortisation period is 1-8 years.2023 2022Customer Software in Customer Software in Intangible assets (DKKm) Goodwillrelationships Softwareprogress To t a l Goodwillrelationships Softwareprogress To t a lCost at 1 January 76,293 2,574 1,180 342 80,389 75,063 2,565 1,212 280 79,120Additions from business combinations/previous period adjustments 640 - - - 640 370 - - - 370Additions - - 18 327 345 - - 42 238 280Disposals - (10) (82) - (92) - (27) (250) (2) (279)Reclassifications - - 302 (302) 0 - - 174 (174) -Currency translation (1,159) - (7) (3) (1,169) 860 36 2 - 898Total cost at 31 December 75,774 2,564 1,411 364 80,113 76,293 2,574 1,180 342 80,389Total amortisation and impairment at 1 January - 1,981 734 - 2,715 - 1,719 740 - 2,459Amortisation and impairments for the year - 178 154 - 332 - 254 185 - 439Disposals - (10) (30) - (40) - (27) (191) - (218)Reclassification - - - - - - - - - -Currency translation - - - - - - 35 - - 35Total amortisation and impairment at 31 December - 2,149 858 - 3,007 - 1,981 734 - 2,715Carrying amount at 31 December 75,774 415 553 364 77,106 76,293 593 446 342 77,674",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__77": {
"value": "3.2 Intangible assetsAccounting policies GoodwillOnly goodwill arising from business combinations is recognised in the finan-cial statements. Goodwill is measured as the difference between the total of the fair value of the consideration transferred, the value of non-controlling interests and any equity investments previously held in the acquiree, com-pared to the fair value of identifiable net assets on the date of acquisition. Goodwill is not amortised, but is tested for impairment at least annually. Customer relationshipsOn initial recognition, customer relationships identified from business combinations are recognised in the statement of financial position at fair value. Subsequently, customer relationships are measured at cost less accumulated amortisation and impairment losses. Customer relationships are amortised over a period of eight years using the diminishing balance method.Software and software in progressSoftware bought or developed for internal use is measured at the lower of cost less accumulated amortisation and impairment losses and the recover-able amount. Cost comprises payments for the software and other directly attributable costs of preparing the software for its intended use. After commissioning, software is amortised on a straight-line basis over its expected useful life. The amortisation period is 1-8 years.2023 2022Customer Software in Customer Software in Intangible assets (DKKm) Goodwillrelationships Softwareprogress To t a l Goodwillrelationships Softwareprogress To t a lCost at 1 January 76,293 2,574 1,180 342 80,389 75,063 2,565 1,212 280 79,120Additions from business combinations/previous period adjustments 640 - - - 640 370 - - - 370Additions - - 18 327 345 - - 42 238 280Disposals - (10) (82) - (92) - (27) (250) (2) (279)Reclassifications - - 302 (302) 0 - - 174 (174) -Currency translation (1,159) - (7) (3) (1,169) 860 36 2 - 898Total cost at 31 December 75,774 2,564 1,411 364 80,113 76,293 2,574 1,180 342 80,389Total amortisation and impairment at 1 January - 1,981 734 - 2,715 - 1,719 740 - 2,459Amortisation and impairments for the year - 178 154 - 332 - 254 185 - 439Disposals - (10) (30) - (40) - (27) (191) - (218)Reclassification - - - - - - - - - -Currency translation - - - - - - 35 - - 35Total amortisation and impairment at 31 December - 2,149 858 - 3,007 - 1,981 734 - 2,715Carrying amount at 31 December 75,774 415 553 364 77,106 76,293 593 446 342 77,674",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__82": {
"value": "Customer relationshipsOn initial recognition, customer relationships identified from business combinations are recognised in the statement of financial position at fair value. Subsequently, customer relationships are measured at cost less accumulated amortisation and impairment losses. Customer relationships are amortised over a period of eight years using the diminishing balance method.Software and software in progressSoftware bought or developed for internal use is measured at the lower of cost less accumulated amortisation and impairment losses and the recover-able amount. Cost comprises payments for the software and other directly attributable costs of preparing the software for its intended use. After commissioning, software is amortised on a straight-line basis over its expected useful life. The amortisation period is 1-8 years.2023 2022Customer Software in Customer Software in Intangible assets (DKKm) Goodwillrelationships Softwareprogress To t a l Goodwillrelationships Softwareprogress To t a lCost at 1 January 76,293 2,574 1,180 342 80,389 75,063 2,565 1,212 280 79,120Additions from business combinations/previous period adjustments 640 - - - 640 370 - - - 370Additions - - 18 327 345 - - 42 238 280Disposals - (10) (82) - (92) - (27) (250) (2) (279)Reclassifications - - 302 (302) 0 - - 174 (174) -Currency translation (1,159) - (7) (3) (1,169) 860 36 2 - 898Total cost at 31 December 75,774 2,564 1,411 364 80,113 76,293 2,574 1,180 342 80,389Total amortisation and impairment at 1 January - 1,981 734 - 2,715 - 1,719 740 - 2,459Amortisation and impairments for the year - 178 154 - 332 - 254 185 - 439Disposals - (10) (30) - (40) - (27) (191) - (218)Reclassification - - - - - - - - - -Currency translation - - - - - - 35 - - 35Total amortisation and impairment at 31 December - 2,149 858 - 3,007 - 1,981 734 - 2,715Carrying amount at 31 December 75,774 415 553 364 77,106 76,293 593 446 342 77,674",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__84-1": {
"value": "Accounting policiesLand and buildings and other plant and operating equipment are measured at cost less accumulated depreciation and impairment losses.The cost comprises the acquisition price and other costs directly attribut-able to preparing the asset for its intended use. The present value of esti-mated costs for dismantling and disposing of assets as well as restoration costs are added to the cost if such costs are recognised as provisions. Material borrowing costs directly attributable to the construction of the individual asset are also added to cost. If the individual components of an asset have different useful lives, each component will be depreciated separately.The cost of self-constructed assets comprises direct and indirect costs for materials, components, subcontractors, wages and salaries. Costs for self-constructed assets are recognised as property, plant and equipment in progress on an ongoing basis until the assets are ready for use.Subsequent costs, such as partial replacement of property, plant and equipment (PPE), are included in the carrying amount of the asset in question when it is probable that such costs will result in future economic benefits. The carrying amount of the replaced parts is disposed from the statement of financial position and recognised in the statement of profit or loss.Depreciation is carried out on a straight-line basis over the expected use-ful lives of the assets. The expected useful lives of the overall asset cate-gories are as follows: \u2022 Terminals and administration buildings: 50-60 years\u2022 Other buildings and building elements: 10-30 years\u2022 Technical plant and machinery: 6-10 years\u2022 Other plant and operating equipment: 3-8 years\u2022 Land is not depreciatedThe basis of depreciation takes into account the residual value of assets and is reduced by any impairment losses. The residual value is calculated on the date of acquisition and reassessed once a year. Depreciation will be halted if the residual value exceeds the carrying amount of the asset.Assets are transferred to assets held for sale if it is highly probable that their carrying amount will be recovered primarily through sale rather than through continuing use.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__83": {
"value": "3.3 Property, plant and equipmentAccounting policiesLand and buildings and other plant and operating equipment are measured at cost less accumulated depreciation and impairment losses.The cost comprises the acquisition price and other costs directly attribut-able to preparing the asset for its intended use. The present value of esti-mated costs for dismantling and disposing of assets as well as restoration costs are added to the cost if such costs are recognised as provisions. Material borrowing costs directly attributable to the construction of the individual asset are also added to cost. If the individual components of an asset have different useful lives, each component will be depreciated separately.The cost of self-constructed assets comprises direct and indirect costs for materials, components, subcontractors, wages and salaries. Costs for self-constructed assets are recognised as property, plant and equipment in progress on an ongoing basis until the assets are ready for use.Subsequent costs, such as partial replacement of property, plant and equipment (PPE), are included in the carrying amount of the asset in question when it is probable that such costs will result in future economic benefits. The carrying amount of the replaced parts is disposed from the statement of financial position and recognised in the statement of profit or loss.2023 2022Other plant Property, plant Other plant Property, plant Land and and operating and equipment Land and and operating and equipment Property, plant and equipment (DKKm)buildingsequipmentin progress Totalbuildingsequipmentin progress TotalCost at 1 January 4,461 4,425 414 9,300 4,907 3,838 282 9,027Additions from business combinations/previous period adjustments - 1 7 8 (408) - - (408)Additions 430 1,120 480 2,030 393 963 158 1,514Disposals (1,023) (205) (30) (1,258) (533) (402) - (935)Reclassification 226 63 (289) - 19 22 (26) 15Currency translation (132) (148) (2) (282) 83 4 - 87Total cost at 31 December 3,962 5,256 580 9,798 4,461 4,425 414 9,300Total depreciation and impairment at 1 January 1,212 1,804 - 3,016 1,111 1,654 - 2,765Depreciation for the year 341 610 - 951 341 530 - 871Disposals (125) (212) - (337) (226) (402) - (628)Reclassification - - - - (21) 21 - -Currency translation (26) (20) - (46) 7 1 - 8Total depreciation and impairment at 31 December 1,402 2,182 - 3,584 1,212 1,804 - 3,016Carrying amount at 31 December 2,560 3,074 580 6,214 3,249 2,621 414 6,284Depreciation is carried out on a straight-line basis over the expected use-ful lives of the assets. The expected useful lives of the overall asset cate-gories are as follows: \u2022 Terminals and administration buildings: 50-60 years\u2022 Other buildings and building elements: 10-30 years\u2022 Technical plant and machinery: 6-10 years\u2022 Other plant and operating equipment: 3-8 years\u2022 Land is not depreciatedThe basis of depreciation takes into account the residual value of assets and is reduced by any impairment losses. The residual value is calculated on the date of acquisition and reassessed once a year. Depreciation will be halted if the residual value exceeds the carrying amount of the asset.Assets are transferred to assets held for sale if it is highly probable that their carrying amount will be recovered primarily through sale rather than through continuing use.Management judgements and estimatesJudgement is applied in determining the depreciation period and future residual value of the assets recognised and is generally based on historical experience. Reassessment is done annually to ascertain that the deprecia-tion basis applied is still representative and reflects the expected life and future residual value of the assets.Climate-related risksManagement has considered the influence of climate-related risks on property, plant and equipment, including inherent impact on useful lives of underlying asset groups. Climate-related risks assessed encompass accellerated techno-logical deterioration of assets due to climate-related innovations, regulatory requirements, and customer demand, as well as increased demolition and re -storation cost on premises vacated, due to stricter environmental regulations.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__92": {
"value": "Accounting policiesInventories are measured at the lower of cost and net realisable value. The cost of inventories comprises all costs of purchase, processing and other costs incurred in bringing the inventories to their present condition. Write-downs of inventories to net realisable value are recognised as direct costs in the statement of profit or loss.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__96": {
"value": "Accounting policiesWhether a contract contains a lease is assessed at contract inception. For identified leases, a right-of-use (ROU) asset and corresponding lease liability are recognised on the lease commencement date. Upon initial recognition, the ROU asset is measured at cost corresponding to the lease liability recognised, adjusted for any lease prepayments or directly related costs, including dismantling and restoration costs. The lease liability is measured at the present value of lease payments of the leasing period dis-counted using the interest rate implicit in the lease contract. In cases where the implicit interest rate cannot be determined, an appropriate incremental DSV borrowing rate is used. In determining the lease period extension, op-tions are only included if it is reasonably certain they will be utilised.At subsequent measurement, the ROU asset is measured less accumulated depreciation and impairment losses and adjusted for any remeasurements of the lease liability. Depreciation follows the straight-line method over the lease term or the useful life of the ROU asset, whichever is shortest. The lease liability is measured at amortised cost using the effective interest method and adjusted for any remeasurements or modifications made to the contract. ROU assets and lease liabilities are not recognised for low value lease assets or leases with a lease term of 12 months or less. These are recognised as an expense on a straight-line basis over the term of the lease. Any service elements separable from the lease contract are accounted for following the same principle. Extension options are only included in the lease term if extension of the lease is reasonably certain. The majority of extension and termination options held are exercisable only by the Group and not by the respective lessor.ROU assets classified as land and buildings mainly relate to leases of warehouses, terminals and office buildings, whereas assets recognised as other plant and operating equipment mainly relate to leases of trailers, trucks, company cars, forklifts, IT hardware and other office equipment. Land and building leases normally have a lease term of up to ten years, whereas leases of other plant and operating equipment normally have a lease term of up to five years. The leases may include extension options with the intention of securing flexibility in the lease \u2013 however, any leas-ing period beyond the normal ten years expected at the initiation of the lease will normally be reflected in the contractual lease term agreed.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__90": {
"value": "3.4 Contract assets and accrued cost of services Accounting policiesContract assets and accrued costs of services include accrued revenue and accrued costs from freight forwarding services, contract logistics and other related services in progress. Contract assets are recognised when a sales transaction fulfils the criteria for revenue recognition, but the final invoice has yet to be issued to the customer for the services delivered. Please refer to note 4.4 for disclosure of credit risk, as trade receivables carry substantially the same characteris-tics as contract assets.Accrued costs of services are estimated and recognised when supplier in-voices relating to recognised revenue for the reporting period have yet to be received.Management judgements and estimatesIn the preparation of the consolidated financial statements, significant estimates are applied in assessing services in progress, including accrual of income and pertaining direct costs. These estimates are based on experi-ence and continuous follow-up on services in progress relative to sub-sequent invoicing.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__91": {
"value": "3.5 InventoriesAccounting policiesInventories are measured at the lower of cost and net realisable value. The cost of inventories comprises all costs of purchase, processing and other costs incurred in bringing the inventories to their present condition. Write-downs of inventories to net realisable value are recognised as direct costs in the statement of profit or loss.Inventories (DKKm) 2023 2022Property projects under construction 4,247 1,796Stocks 67 93Total 4,314 1,889Inventories consists of property projects under construction held for the purpose of sale in the ordinary course of business and stocks. In total, DKK 417 million relating to property projects was recognised as a cost in 2023 (2022: DKK 1,231 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__93": {
"value": "3.6 LeasesAccounting policiesWhether a contract contains a lease is assessed at contract inception. For identified leases, a right-of-use (ROU) asset and corresponding lease liability are recognised on the lease commencement date. Upon initial recognition, the ROU asset is measured at cost corresponding to the lease liability recognised, adjusted for any lease prepayments or directly related costs, including dismantling and restoration costs. The lease liability is measured at the present value of lease payments of the leasing period dis-counted using the interest rate implicit in the lease contract. In cases where the implicit interest rate cannot be determined, an appropriate incremental DSV borrowing rate is used. In determining the lease period extension, op-tions are only included if it is reasonably certain they will be utilised.At subsequent measurement, the ROU asset is measured less accumulated depreciation and impairment losses and adjusted for any remeasurements of the lease liability. Depreciation follows the straight-line method over the lease term or the useful life of the ROU asset, whichever is shortest. The lease liability is measured at amortised cost using the effective interest method and adjusted for any remeasurements or modifications made to the contract. ROU assets and lease liabilities are not recognised for low value lease assets or leases with a lease term of 12 months or less. These are recognised as an expense on a straight-line basis over the term of the lease. Any service elements separable from the lease contract are accounted for following the same principle. Extension options are only included in the lease term if extension of the lease is reasonably certain. The majority of extension and termination options held are exercisable only by the Group and not by the respective lessor.ROU assets classified as land and buildings mainly relate to leases of warehouses, terminals and office buildings, whereas assets recognised as other plant and operating equipment mainly relate to leases of trailers, trucks, company cars, forklifts, IT hardware and other office equipment. Land and building leases normally have a lease term of up to ten years, whereas leases of other plant and operating equipment normally have a lease term of up to five years. The leases may include extension options with the intention of securing flexibility in the lease \u2013 however, any leas-ing period beyond the normal ten years expected at the initiation of the lease will normally be reflected in the contractual lease term agreed.Management judgements and estimatesIn accounting for lease contracts, various judgements are applied in de-termining ROU assets and lease liabilities. Judgements include assessment of lease periods, utilisation of extension and termination options and ap-plicable discount rates. 2023 2022Other Other plant and plant and Land and operating Land and operating Right-of-use assets (DKKm)buildingsequipment Tota lbuildingsequipment Tota lCarrying amount at 1 January 14,285 409 14,694 13,121 588 13,709Additions 5,453 61 5,514 4,970 75 5,045Disposals (308) (9) (317) (252) (40) (292)Depreciation for the year (3,888) (140) (4,028) (3,549) (212) (3,761)Currency translation (186) (22) (208) (5) (2) (7)Carrying amount at 31 December 15,356 299 15,655 14,285 409 14,694Analysis of lease liabilities showing the remaining contractual maturities is provided in the table:Contractual maturity of lease liabilities (DKKm) 202220230-1 year 4,599 4,3021-5 years 12,056 11,059> 5 years 5,055 5,917Total undiscounted lease liabilities at 31 December 21,710 21,278Non-current/current classification (discounted)Non-current 14,139 13,190Current 3,808 3,577The profit or loss and cash flow impact of leases recognised for the year are specified below:Lease effects recognised in profit or loss and cash flow (DKKm) 20222023Profit or lossIncome from subleasing of ROU assets 79 14Gain on sale and leaseback transactions 101 109Expenses relating to short-term leases (591) (563)Expenses relating to leases of low-value assets (655) (635)Expenses relating to variable lease payments not included in the measurement of lease liabilities (70) (97)Depreciation of ROU assets (4,028) (3,761)Interest expenses on lease liabilities (851) (727)Total profit or loss for leases (6,015) (5,660)Cash flowTotal cash outflow for leases 4,756 4,461",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__94-1": {
"value": "Contractual maturity of lease liabilities (DKKm) 202220230-1 year 4,599 4,3021-5 years 12,056 11,059> 5 years 5,055 5,917Total undiscounted lease liabilities at 31 December 21,710 21,278Non-current/current classification (discounted)Non-current 14,139 13,190Current 3,808 3,577Defined benefit pension obligations (DKKm) 20222023Obligations at 1 January 4,112 5,693Current service cost 86 135Past service cost from plan amendments, curtailments and gains/losses on settlements (259) 9Total obligations recognised Calculated interest on obligations 174 754,983Actuarial gains/losses arising from changes in financial assumptions 243 (1,283)4,112Actuarial gains/losses arising from changes in demographic assumptions 3 (23)Actuarial gains/losses arising from experience adjustments (14) 39Payments from the plan (87) (521)Settlement payments from the plan 596 -Additions from business combinations 4 -Currency translation 125 (12)Obligations at 31 December 4,983 4,112Settlement payments from the plan, DKK 596 million relate to DSV taking over pensioners from the pension fund formerly used by the acquired GIL entities. The expected average duration of the obligations is 13 years.Expected maturity of pension obligations (DKKm) 202220230-1 year 581 5011-5 years 1,115 933> 5 years 3,287 2,678Liquidity risk The cash readiness of the Group is ensured through short and long-term credit facilities from the main banks of the Group and through the issuance of bonds. The purpose of issuing bond loans is to diversify the Group\u2019s long-term debt, making the Group less dependent on bank loans. The Group\u2019s bond loans, credit and overdraft facilities are subject to standard clauses, according to which the Group\u2019s debt must be repaid in case of a change of control. The total duration of the Group\u2019s long-term loan commitments and the undrawn amounts on our credit lines at 31 December 2023 are present-ed in the accompanying table. The weighted duration of the Group\u2019s drawn long-term loan facilities is 7.8 years at 31 December 2023. Furthermore, a maturity analysis has been provided based on contractual cash flows, including estimated interest payments. The amounts have not been discounted and as such do not reconcile directly to the state-ment of financial position.Commitments and amounts drawn on long-term loan facilities at 31 December 2023:Principal amount Principal amount Fixed/floating Expiry of Duration Undrawn Loan facilities (EURm)(DKKm)interest ratecommitments(years)(DKKm)Bond loan - ISIN XS2387735470 500 3,727 Fixed 17-09-2036 12.7 -Bond loan - ISIN XS2360881549 600 4,472 Fixed 05-07-2033 9.5 -Bond loan - ISIN XS2308616841 500 3,727 Fixed 03-03-2031 7.2 -Bond loan - ISIN XS2458285355 600 4,472 Fixed 16-03-2030 6.2 -Bond loan - ISIN 212542679 500 3,727 Fixed 26-02-2027 3.2 -Revolving credit facility I 200 1,491 Floating 03-10-2027 3.8 1,491Revolving credit facility II 75 559 Floating 31-12-2025 2.0 559Revolving credit facility III 200 1,491 Floating 16-12-2028 5.0 1,491Revolving credit facility IV 200 1,491 Floating 14-12-2028 5.0 1,491Revolving credit facility V 75 559 Floating 31-01-2029 5.1 559Revolving credit facility VI 100 745 Floating 15-01-2026 2.0 745Overdraft facility I 75 559 Floating 31-01-2029 5.1 559Total 3,625 27,020 6,895The Group\u2019s financial liabilities fall due as follows:Total cash flow, Financial liabilities \u2013 2023 (DKKm) Carrying amountinclu ding interest 0-1 year 1-5 years 6-10 years >10 yearsOverdraft and credit facilities 677 700 700 - - -Issued bonds 21,450 22,927 1,670 4,342 8,578 8,337Lease liabilities 17,947 21,710 4,599 12,056 4,622 433Trade payables 13,111 13,111 13,111 - - -Total 53,185 58,448 20,080 16,398 13,200 8,770Total cash flow, Financial liabilities \u2013 2022 (DKKm) Carrying amountinclu ding interest 0-1 year 1-5 years 6-10 years >10 yearsOverdraft and credit facilities 829 859 859 - - -Issued bonds 21,377 23,062 186 5,852 8,705 8,319Lease liabilities 16,767 21,278 4,302 11,059 5,322 595Trade payables 14,992 14,992 14,992 - - -Total 53,965 60,191 20,339 16,911 14,027 8,9142023 2022Fixed/floating Fixed/floating Loan facilities (DKKm)Carrying amountinterest rate Expiry Carrying amountinterest rate Expiry Bond loans 21,450 Fixed 2024-2036 21,377 Fixed 2024-2036Overdraft facilities 677 Floating 2024 829 Floating 2023Loan facilities at 31 December 22,127 22,206Current/non-current classification:Non-current liabilities 19,988 21,392Current liabilities 2,139 814",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__101": {
"value": "Accounting policiesProvisions are recognised when, due to an event occurring on or before the reporting date, the Group has a legal or constructive obligation and it is probable that the Group will have to give up future economic benefits to meet the obligation.Provisions are measured on the basis of Management\u2019s best estimate of the anticipated expenditure for settle ment of the relevant obligation and are discounted if deemed material.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__100": {
"value": "3.8 ProvisionsAccounting policiesProvisions are recognised when, due to an event occurring on or before the reporting date, the Group has a legal or constructive obligation and it is probable that the Group will have to give up future economic benefits to meet the obligation.Provisions are measured on the basis of Management\u2019s best estimate of the anticipated expenditure for settle ment of the relevant obligation and are discounted if deemed material.Management judgements and estimatesManagement continually assesses provisions, including contingencies and the likely outcome of pending and potential legal proceedings. The out-come of such proceedings depends on future events, which are, by na-ture, uncertain. When considering provisions involving significant estimates, opinions and estimates by external legal experts as well as existing case law are applied in assessing the probable outcome of material legal proceedings, etc.ProvisionsProvisions have not been discounted, as the effect thereof is immaterial. Provisions are expected to be settled within two years in all material respects.Restructuring costsRestructuring costs relate mainly to the integration of acquirees and the restructuring plans previously announced, which consist mainly of termi-nation benefits and costs under terminated leases. Disputes and legal actionsProvisions for disputes and legal actions relate mainly to ongoing disputes and legal proceedings.Indemnification liabilities Indemnification liabilities totalling DKK 1,742 million (2022: DKK 1,843 million) relating to various company- and value-added taxes from the GIL acquisition. A corresponding indemnification asset has been recognised as other receivables. Other provisionsOther provisions relate mainly to restoration obligations in connection with property leases and onerous contracts. Restruc turing Disputes and Indemnification Other Provisions \u2014 2023 (DKKm)costslegal actionsliabilities provisions Tota lProvisions at 1 January 966 975 1,843 2,883 6,667Additions for the year 254 506 - 876 1,636Additions from business combinations 3 - - 5 8Used for the year (546) (134) - (1,598) (2,278)Reversal of provisions made in previous years (68) (74) - - (142)Currency translation (2) (13) (101) (36) (152)Provisions at 31 December 607 1,260 1,742 2,130 5,739Non-current/current classification:Non-current liabilities 261 534 1,742 1,235 3,772Current liabilities 346 726 - 895 1,967Provisions at 31 December 607 1,260 1,742 2,130 5,739",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__105": {
"value": "4.1 EquityAccounting policiesShare capitalAt year end, the share capital of DSV A/S amounted to 219 million shares (2022: 219 million shares) with a nominal value of DKK 1 each. Shares consist of only one share class and include no special rights, preferences or restrictions. All shares are fully paid up.Foreign currency Reserves specification \u2013 2023 (DKKm) Treasury share reserve Hedging reservetranslation reserve Total reservesReserves at 1 January (2) 5 916 919Other comprehensive income, net of tax - (9) (1,620) (1,629)Transactions with shareholders:Purchase of treasury shares (11) - - (11)Sale of treasury shares 3 - - 3Reserves at 31 December (10) (4) (704) (718)Foreign currency Reserves specification \u2013 2022 (DKKm) Treasury share reserve Hedging reservetranslation reserve Total reservesReserves at 1 January (6) (9) (341) (356)Other comprehensive income, net of tax - 14 1,257 1,271Transactions with shareholders:Purchase of treasury shares (19) - - (19)Sale of treasury shares 2 - - 2Capital reduction 21 - - 21Reserves at 31 December (2) 5 916 919ReservesReserves as presented in the statement of changes in equity comprise treasury share reserve, hedging reserve and translation reserve, as spe-cified on the previous page.Treasury share reserveThe reserve comprises the nominal value of treasury shares. The differ-ence between the market price paid and the nominal value plus dividends on treasury shares is recognised directly as retained earnings in equity.Treasury shares are bought to meet obligations under the Company\u2019s incentive schemes and to adapt the capital structure. The reserve is a distributable reserve.Hedging reserveThe reserve comprises the fair value of hedging instruments qualifying for hedge accounting. Hedge accounting ceases when the hedging instru-ment matures or if a hedge is no longer effective.Foreign currency translation reserveThe reserve comprises foreign currency translation arising on the translation of net investments and related hedging in entities with a functional cur-rency other than DKK. The reserve is dissolved upon disposal of entities.2023 2022Market value% of share capital Nominal valueMarket value% of share capital Nominal value Treasury shares(DKKm)at 31 December(DKKm)(DKKm)at 31 December(DKKm)Portfolio at 1 January 2,339 1.0% 2.1 8,921 2.4% 5.8Cancellation of treasury shares - - - (24,474) (9.6%) (21.0)Portfolio, adjusted for number 2,339 1.0% 2.1 (15,553) (6.9%) (15.2)of sharesPurchased during the year 13,997 5.1% 11.1 20,313 8.5% 18.6Sold during the year (3,983) (1.6%) (3.4) (1,601) (0.6%) (1.3)Value adjustment (689) - - (820) - -Portfolio at 31 December 11,664 4.5% 9.8 2,339 1.0% 2.1",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__104": {
"value": "4.1 EquityAccounting policiesShare capitalAt year end, the share capital of DSV A/S amounted to 219 million shares (2022: 219 million shares) with a nominal value of DKK 1 each. Shares consist of only one share class and include no special rights, preferences or restrictions. All shares are fully paid up.Foreign currency Reserves specification \u2013 2023 (DKKm) Treasury share reserve Hedging reservetranslation reserve Total reservesReserves at 1 January (2) 5 916 919Other comprehensive income, net of tax - (9) (1,620) (1,629)Transactions with shareholders:Purchase of treasury shares (11) - - (11)Sale of treasury shares 3 - - 3Reserves at 31 December (10) (4) (704) (718)Foreign currency Reserves specification \u2013 2022 (DKKm) Treasury share reserve Hedging reservetranslation reserve Total reservesReserves at 1 January (6) (9) (341) (356)Other comprehensive income, net of tax - 14 1,257 1,271Transactions with shareholders:Purchase of treasury shares (19) - - (19)Sale of treasury shares 2 - - 2Capital reduction 21 - - 21Reserves at 31 December (2) 5 916 919ReservesReserves as presented in the statement of changes in equity comprise treasury share reserve, hedging reserve and translation reserve, as spe-cified on the previous page.Treasury share reserveThe reserve comprises the nominal value of treasury shares. The differ-ence between the market price paid and the nominal value plus dividends on treasury shares is recognised directly as retained earnings in equity.Treasury shares are bought to meet obligations under the Company\u2019s incentive schemes and to adapt the capital structure. The reserve is a distributable reserve.Hedging reserveThe reserve comprises the fair value of hedging instruments qualifying for hedge accounting. Hedge accounting ceases when the hedging instru-ment matures or if a hedge is no longer effective.Foreign currency translation reserveThe reserve comprises foreign currency translation arising on the translation of net investments and related hedging in entities with a functional cur-rency other than DKK. The reserve is dissolved upon disposal of entities.2023 2022Market value% of share capital Nominal valueMarket value% of share capital Nominal value Treasury shares(DKKm)at 31 December(DKKm)(DKKm)at 31 December(DKKm)Portfolio at 1 January 2,339 1.0% 2.1 8,921 2.4% 5.8Cancellation of treasury shares - - - (24,474) (9.6%) (21.0)Portfolio, adjusted for number 2,339 1.0% 2.1 (15,553) (6.9%) (15.2)of sharesPurchased during the year 13,997 5.1% 11.1 20,313 8.5% 18.6Sold during the year (3,983) (1.6%) (3.4) (1,601) (0.6%) (1.3)Value adjustment (689) - - (820) - -Portfolio at 31 December 11,664 4.5% 9.8 2,339 1.0% 2.1",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__103": {
"value": "4.1 EquityAccounting policiesShare capitalAt year end, the share capital of DSV A/S amounted to 219 million shares (2022: 219 million shares) with a nominal value of DKK 1 each. Shares consist of only one share class and include no special rights, preferences or restrictions. All shares are fully paid up.Foreign currency Reserves specification \u2013 2023 (DKKm) Treasury share reserve Hedging reservetranslation reserve Total reservesReserves at 1 January (2) 5 916 919Other comprehensive income, net of tax - (9) (1,620) (1,629)Transactions with shareholders:Purchase of treasury shares (11) - - (11)Sale of treasury shares 3 - - 3Reserves at 31 December (10) (4) (704) (718)Foreign currency Reserves specification \u2013 2022 (DKKm) Treasury share reserve Hedging reservetranslation reserve Total reservesReserves at 1 January (6) (9) (341) (356)Other comprehensive income, net of tax - 14 1,257 1,271Transactions with shareholders:Purchase of treasury shares (19) - - (19)Sale of treasury shares 2 - - 2Capital reduction 21 - - 21Reserves at 31 December (2) 5 916 919ReservesReserves as presented in the statement of changes in equity comprise treasury share reserve, hedging reserve and translation reserve, as spe-cified on the previous page.Treasury share reserveThe reserve comprises the nominal value of treasury shares. The differ-ence between the market price paid and the nominal value plus dividends on treasury shares is recognised directly as retained earnings in equity.Treasury shares are bought to meet obligations under the Company\u2019s incentive schemes and to adapt the capital structure. The reserve is a distributable reserve.Hedging reserveThe reserve comprises the fair value of hedging instruments qualifying for hedge accounting. Hedge accounting ceases when the hedging instru-ment matures or if a hedge is no longer effective.Foreign currency translation reserveThe reserve comprises foreign currency translation arising on the translation of net investments and related hedging in entities with a functional cur-rency other than DKK. The reserve is dissolved upon disposal of entities.2023 2022Market value% of share capital Nominal valueMarket value% of share capital Nominal value Treasury shares(DKKm)at 31 December(DKKm)(DKKm)at 31 December(DKKm)Portfolio at 1 January 2,339 1.0% 2.1 8,921 2.4% 5.8Cancellation of treasury shares - - - (24,474) (9.6%) (21.0)Portfolio, adjusted for number 2,339 1.0% 2.1 (15,553) (6.9%) (15.2)of sharesPurchased during the year 13,997 5.1% 11.1 20,313 8.5% 18.6Sold during the year (3,983) (1.6%) (3.4) (1,601) (0.6%) (1.3)Value adjustment (689) - - (820) - -Portfolio at 31 December 11,664 4.5% 9.8 2,339 1.0% 2.1",
"dimensions": {
"concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__102": {
"value": "4.1 EquityAccounting policiesShare capitalAt year end, the share capital of DSV A/S amounted to 219 million shares (2022: 219 million shares) with a nominal value of DKK 1 each. Shares consist of only one share class and include no special rights, preferences or restrictions. All shares are fully paid up.Foreign currency Reserves specification \u2013 2023 (DKKm) Treasury share reserve Hedging reservetranslation reserve Total reservesReserves at 1 January (2) 5 916 919Other comprehensive income, net of tax - (9) (1,620) (1,629)Transactions with shareholders:Purchase of treasury shares (11) - - (11)Sale of treasury shares 3 - - 3Reserves at 31 December (10) (4) (704) (718)Foreign currency Reserves specification \u2013 2022 (DKKm) Treasury share reserve Hedging reservetranslation reserve Total reservesReserves at 1 January (6) (9) (341) (356)Other comprehensive income, net of tax - 14 1,257 1,271Transactions with shareholders:Purchase of treasury shares (19) - - (19)Sale of treasury shares 2 - - 2Capital reduction 21 - - 21Reserves at 31 December (2) 5 916 919ReservesReserves as presented in the statement of changes in equity comprise treasury share reserve, hedging reserve and translation reserve, as spe-cified on the previous page.Treasury share reserveThe reserve comprises the nominal value of treasury shares. The differ-ence between the market price paid and the nominal value plus dividends on treasury shares is recognised directly as retained earnings in equity.Treasury shares are bought to meet obligations under the Company\u2019s incentive schemes and to adapt the capital structure. The reserve is a distributable reserve.Hedging reserveThe reserve comprises the fair value of hedging instruments qualifying for hedge accounting. Hedge accounting ceases when the hedging instru-ment matures or if a hedge is no longer effective.Foreign currency translation reserveThe reserve comprises foreign currency translation arising on the translation of net investments and related hedging in entities with a functional cur-rency other than DKK. The reserve is dissolved upon disposal of entities.2023 2022Market value% of share capital Nominal valueMarket value% of share capital Nominal value Treasury shares(DKKm)at 31 December(DKKm)(DKKm)at 31 December(DKKm)Portfolio at 1 January 2,339 1.0% 2.1 8,921 2.4% 5.8Cancellation of treasury shares - - - (24,474) (9.6%) (21.0)Portfolio, adjusted for number 2,339 1.0% 2.1 (15,553) (6.9%) (15.2)of sharesPurchased during the year 13,997 5.1% 11.1 20,313 8.5% 18.6Sold during the year (3,983) (1.6%) (3.4) (1,601) (0.6%) (1.3)Value adjustment (689) - - (820) - -Portfolio at 31 December 11,664 4.5% 9.8 2,339 1.0% 2.1",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__108": {
"value": "Reserves as presented in the statement of changes in equity comprise treasury share reserve, hedging reserve and translation reserve, as spe-cified on the previous page.Treasury share reserveThe reserve comprises the nominal value of treasury shares. The differ-ence between the market price paid and the nominal value plus dividends on treasury shares is recognised directly as retained earnings in equity.Treasury shares are bought to meet obligations under the Company\u2019s incentive schemes and to adapt the capital structure. The reserve is a distributable reserve.Hedging reserveThe reserve comprises the fair value of hedging instruments qualifying for hedge accounting. Hedge accounting ceases when the hedging instru-ment matures or if a hedge is no longer effective.Foreign currency translation reserveThe reserve comprises foreign currency translation arising on the translation of net investments and related hedging in entities with a functional cur-rency other than DKK. The reserve is dissolved upon disposal of entities.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__107-1": {
"value": "Reserves as presented in the statement of changes in equity comprise treasury share reserve, hedging reserve and translation reserve, as spe-cified on the previous page.Treasury share reserveThe reserve comprises the nominal value of treasury shares. The differ-ence between the market price paid and the nominal value plus dividends on treasury shares is recognised directly as retained earnings in equity.Treasury shares are bought to meet obligations under the Company\u2019s incentive schemes and to adapt the capital structure. The reserve is a distributable reserve.Hedging reserveThe reserve comprises the fair value of hedging instruments qualifying for hedge accounting. Hedge accounting ceases when the hedging instru-ment matures or if a hedge is no longer effective.Foreign currency translation reserveThe reserve comprises foreign currency translation arising on the translation of net investments and related hedging in entities with a functional cur-rency other than DKK. The reserve is dissolved upon disposal of entities.Accounting policiesShare capitalAt year end, the share capital of DSV A/S amounted to 219 million shares (2022: 219 million shares) with a nominal value of DKK 1 each. Shares consist of only one share class and include no special rights, preferences or restrictions. All shares are fully paid up.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__110-1": {
"value": "4.2 Capital structure and capital allocationCapital structureThe capital structure of DSV is intended to maintain financial stability, opti-mise cost of capital and to ensure financial readiness allowing to act on business opportunities as they present themselves. The gearing ratio was 1.5 at 31 December 2023 (2022: 1.0). The target gearing ratio is below 2.0x EBITDA, but may exceed this level following significant acquisitions. Capital allocationThe Group aims to spend its free cash flow in the following order of priority:1. Repayment of net interest-bearing debt in periods when the financial gearing ratio is above target;2. Value-adding investments in the form of acquisitions or development of the existing business;3. Distribution to the Company\u2019s shareholders by means of share buybacks and dividends.Net interest-bearing debt The Group increased its net interest-bearing debt in 2023 by DKK 4,713 million (2022: increased by DKK 625 million).Net interest-bearing debt can be specified as follows: Net interest-bearing debt (DKKm) 2023 2022Lease liabilities 17,947 16,767Interest-bearing borrowings 22,127 22,206Pensions and other post-employment benefit plans 1,281 1,183Other receivables (320) (126)Cash and cash equivalents (6,452) (10,160)Total 34,583 29,870Insurance collaterals Insurance collaterals constitute security for outstanding insurance con-tracts sold to customers by DSV Insurance. The amount is regulated and measured in accordance with laws and regulations issued by the Danish Financial Supervisory Authority.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__111": {
"value": "Distribution to the Company\u2019s shareholdersIn 2023, the Group spent DKK 13,997 million on the purchase of treas-ury shares and DKK 1,424 million on dividends distributed (2022: DKK 20,313 million and DKK 1,320 million, respectively). It is proposed to distribute a dividend of DKK 7.00 per share for 2023 (2022: DKK 6.50).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__112": {
"value": "7",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"s10_notesesefdkgaap__8__112": {
"value": "6.5",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"s10_notesesefdkgaap__7__113": {
"value": " Cash and capital restrictionsCash and cash equivalents comprise cash on hand and short-term liquid assets that are readily convertible to cash. Of total cash and cash equiva-lents, DKK 1,918 million (2022: DKK 1,777 million) are subject to re-strictions implying that the cash may not be readily available for general use or distribution by the Group. Specification of major types of cash and capital restrictions is provided below: Cash and capital restrictions (DKKm) 2023 2022Exchange control restrictions 1,581 1,498Insurance collaterals 330 273Other collaterals 7 6Total 1,918 1,777Exchange control restrictions Exchange control restrictions comprise cash balances in countries where various forms of foreign exchange controls or other legal restrictions ap-ply. While the cash balances are available for the daily operations of the local entities, the balances cannot be immediately repatriated to the ulti-mate parent company.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRestrictedCashAndCashEquivalentsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__118": {
"value": "Accounting policiesThe financial liabilities of the Group are divided into four financing cate-gories: overdraft and credit facilities, issued bonds, lease liabilities and other non-current financial liabilities.Overdraft and credit facilities are initially recognised at fair value net of transaction expenses. Subsequently, the financial liability is measured at amortised cost, corre-sponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recog-nised in the statement of profit or loss over the term of the loan. Lease liabilities are described in further detail in note 3.6.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__117": {
"value": "Accounting policiesThe financial liabilities of the Group are divided into four financing cate-gories: overdraft and credit facilities, issued bonds, lease liabilities and other non-current financial liabilities.Overdraft and credit facilities are initially recognised at fair value net of transaction expenses. Subsequently, the financial liability is measured at amortised cost, corre-sponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recog-nised in the statement of profit or loss over the term of the loan. Lease liabilities are described in further detail in note 3.6.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__115-1": {
"value": "4.3 Financial liabilitiesAccounting policiesThe financial liabilities of the Group are divided into four financing cate-gories: overdraft and credit facilities, issued bonds, lease liabilities and other non-current financial liabilities.Overdraft and credit facilities are initially recognised at fair value net of transaction expenses. Subsequently, the financial liability is measured at amortised cost, corre-sponding to the capitalised value using the effective interest method, so that the difference between the proceeds and the nominal value is recog-nised in the statement of profit or loss over the term of the loan. Lease liabilities are described in further detail in note 3.6.Other liabilities are measured at amortised cost, which does not differ significantly from the net realisable value.Financial liabilities (DKKm) 2023 2022Non-current liabilities 34,143 34,588Current liabilities 5,947 4,391Total 40,090 38,979Foreign currency Beginning exchange rate Financing activities 2023 (DKKm)of year Cash flowadjustments Other* End of yearOverdraft and credit facilities 829 (115) (20) (17) 677Issued bonds 21,377 - 36 37 21,450Lease liabilities 16,767 (3,905) (234) 5,319 17,947Total liabilities from financing activities 38,973 (4,020) (218) 5,339 40,074Other non-current financial liabilities 6 - - 10 16Total financial liabilities 38,979 (4,020) (218) 5,349 40,090Financing activities 2022 (DKKm)Overdraft and credit facilities 1,896 (1,159) 92 - 829Issued bonds 19,557 1,833 53 (66) 21,377Lease liabilities 15,288 (3,734) (33) 5,246 16,767Total liabilities from financing activities 36,741 (3,060) 112 5,180 38,973Other non-current financial liabilities 12 - - (6) 6Total financial liabilities 36,753 (3,060) 112 5,174 38,979* Other includes additions and remeasurement of financial liabilities.Non-cash changeCommitments and amounts drawn on long-term loan facilities at 31 December 2023:Principal amount Principal amount Fixed/floating Expiry of Duration Undrawn Loan facilities (EURm)(DKKm)interest ratecommitments(years)(DKKm)Bond loan - ISIN XS2387735470 500 3,727 Fixed 17-09-2036 12.7 -Bond loan - ISIN XS2360881549 600 4,472 Fixed 05-07-2033 9.5 -Bond loan - ISIN XS2308616841 500 3,727 Fixed 03-03-2031 7.2 -Bond loan - ISIN XS2458285355 600 4,472 Fixed 16-03-2030 6.2 -Bond loan - ISIN 212542679 500 3,727 Fixed 26-02-2027 3.2 -Revolving credit facility I 200 1,491 Floating 03-10-2027 3.8 1,491Revolving credit facility II 75 559 Floating 31-12-2025 2.0 559Revolving credit facility III 200 1,491 Floating 16-12-2028 5.0 1,491Revolving credit facility IV 200 1,491 Floating 14-12-2028 5.0 1,491Revolving credit facility V 75 559 Floating 31-01-2029 5.1 559Revolving credit facility VI 100 745 Floating 15-01-2026 2.0 745Overdraft facility I 75 559 Floating 31-01-2029 5.1 559Total 3,625 27,020 6,895The Group\u2019s financial liabilities fall due as follows:Total cash flow, Financial liabilities \u2013 2023 (DKKm) Carrying amountinclu ding interest 0-1 year 1-5 years 6-10 years >10 yearsOverdraft and credit facilities 677 700 700 - - -Issued bonds 21,450 22,927 1,670 4,342 8,578 8,337Lease liabilities 17,947 21,710 4,599 12,056 4,622 433Trade payables 13,111 13,111 13,111 - - -Total 53,185 58,448 20,080 16,398 13,200 8,770Total cash flow, Financial liabilities \u2013 2022 (DKKm) Carrying amountinclu ding interest 0-1 year 1-5 years 6-10 years >10 yearsOverdraft and credit facilities 829 859 859 - - -Issued bonds 21,377 23,062 186 5,852 8,705 8,319Lease liabilities 16,767 21,278 4,302 11,059 5,322 595Trade payables 14,992 14,992 14,992 - - -Total 53,965 60,191 20,339 16,911 14,027 8,914",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__122-1": {
"value": "Foreign currency riskDue to our global activities, the Group is to some degree exposed to ex-change rate fluctuations. DSV seeks to eliminate foreign currency risks by hedging currency exposures centrally via the Group\u2019s Treasury depart-ment. The risk exposure is managed on a net basis, primarily by using foreign exchange forward contracts. The Group\u2019s foreign subsidiaries are not affected where trading income and costs are denominated in the local functional currency. This applies to a large part of the Group\u2019s subsidiaries. Furthermore, a large proportion of the income and expenses of the Group are denominated in EUR, and the total foreign currency risk is therefore limited.The Group is exposed to foreign currency risks relating to the translation of debt denominated in foreign currency other than the functional cur-rency and the translation of net investments in entities with a functionalcurrency other than DKK. The former risk affects profit before tax. On recognition of net investments in foreign subsidiaries, the Group is ex-posed to a translation risk when the profit or loss and equity of foreign subsidiaries are translated into DKK at the reporting date based on the average rates of exchange and the closing rates. The need to hedge the Parent\u2019s net investments in subsidiaries is assessed on a regular basis. It is Group policy to reduce net investments in Group subsidiaries on an ongoing basis by distributing the subsidiaries\u2019 profits as dividends. The Group hedges booked external net currency positions and currencies with large expected short-term operational cash flows for up to six months. At year-end 2023, 79% of expected six-month cash flows in USD were hedged. As hedge accounting is only applied to a limited extent and we do not hedge currency exposure related to intra-group balances with no under-lying cash flow impact, significant changes in currency rates, especially EUR/DKK, USD/DKK and CNY/DKK, will result in more fluctuations in re-ported financial items. Unhedged intra- group balances at 31 December are outlined in the main currency exposures table to the right. Sensitivity analysisThe Group does not hedge EUR positions, as it expects that the official Danish fixed exchange-rate policy against the EUR will continue. The sen-sitivity analysis of EUR/DKK exposure shows the effect of a 2% increase in average exchange rates for the year on profit/loss (EBIT) and the ef-fect of a 2% increase in year-end closing rates on other comprehensive income. The sensitivity analysis of other significant currency exposures shows the effect of a 5% increase in average exchange rates for the year on profit/loss (EBIT) and the effect of a 5% increase change in year-end closing rates on other comprehensive income. The Group is not signifi-cantly exposed to foreign currency transaction risk. The calculation method applied in the sensitivity analysis is unchanged compared to previous years.Unhedged intra-group balances Foreign currency translation risk \u2013 sensitivity analysis2023 2022 2023 2022Main currency exposures Impact on Impact on Impact on Impact Impact on Impact (DKKm)Net positionprofit/loss Net positionprofit/lossprofit/losson OCIprofit/losson OCIEUR/DKK (27,945) (559) (26,927) (539) (89) 154 (103) 130USD/DKK (2,781) (139) (7,076) (354) (179) 780 (275) 552CNY/DKK (1,776) (89) (2,558) (128) (68) 44 (134) 74SGD/DKK (1,352) (68) (845) (42) (16) 18 (18) 16PLN/DKK (1,074) (54) (873) (44) (15) 53 (28) 38CHF/DKK (688) (34) (1,798) (90) (17) 78 (18) 24SEK/DKK 351 18 (551) (28) (20) 38 (42) 33Total n.a. (925) n.a. (1,225) (404) 1,165 (618) 867Interest rate riskAt 31 December 2023, 97% (2022: 96%) of Group borrowings were secured through fixed-rate loans. The weighted duration of the fixed-rate loans is 7.3 years at 31 December 2023 (2022: 8.3 years).The weighted average interest rate on the Group\u2019s loans, credit and over-draft facilities and interest rate hedging was 0.9% at the end of 2023 (2022: 1.0%).A 1 percentage point increase in interest rates would not have a signifi-cant impact on the statement of profit or loss or other comprehensive income, based on average net interest-bearing debt for 2023. The cal-culation method applied in the sensitivity analysis is unchanged compared to pre vious years. The Group does not hedge the interest rate risk.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__121-1": {
"value": "Foreign currency riskDue to our global activities, the Group is to some degree exposed to ex-change rate fluctuations. DSV seeks to eliminate foreign currency risks by hedging currency exposures centrally via the Group\u2019s Treasury depart-ment. The risk exposure is managed on a net basis, primarily by using foreign exchange forward contracts. The Group\u2019s foreign subsidiaries are not affected where trading income and costs are denominated in the local functional currency. This applies to a large part of the Group\u2019s subsidiaries. Furthermore, a large proportion of the income and expenses of the Group are denominated in EUR, and the total foreign currency risk is therefore limited.The Group is exposed to foreign currency risks relating to the translation of debt denominated in foreign currency other than the functional cur-rency and the translation of net investments in entities with a functionalcurrency other than DKK. The former risk affects profit before tax. On recognition of net investments in foreign subsidiaries, the Group is ex-posed to a translation risk when the profit or loss and equity of foreign subsidiaries are translated into DKK at the reporting date based on the average rates of exchange and the closing rates. The need to hedge the Parent\u2019s net investments in subsidiaries is assessed on a regular basis. It is Group policy to reduce net investments in Group subsidiaries on an ongoing basis by distributing the subsidiaries\u2019 profits as dividends. The Group hedges booked external net currency positions and currencies with large expected short-term operational cash flows for up to six months. At year-end 2023, 79% of expected six-month cash flows in USD were hedged. As hedge accounting is only applied to a limited extent and we do not hedge currency exposure related to intra-group balances with no under-lying cash flow impact, significant changes in currency rates, especially EUR/DKK, USD/DKK and CNY/DKK, will result in more fluctuations in re-ported financial items. Unhedged intra- group balances at 31 December are outlined in the main currency exposures table to the right. Sensitivity analysisThe Group does not hedge EUR positions, as it expects that the official Danish fixed exchange-rate policy against the EUR will continue. The sen-sitivity analysis of EUR/DKK exposure shows the effect of a 2% increase in average exchange rates for the year on profit/loss (EBIT) and the ef-fect of a 2% increase in year-end closing rates on other comprehensive income. The sensitivity analysis of other significant currency exposures shows the effect of a 5% increase in average exchange rates for the year on profit/loss (EBIT) and the effect of a 5% increase change in year-end closing rates on other comprehensive income. The Group is not signifi-cantly exposed to foreign currency transaction risk. The calculation method applied in the sensitivity analysis is unchanged compared to previous years.Unhedged intra-group balances Foreign currency translation risk \u2013 sensitivity analysis2023 2022 2023 2022Main currency exposures Impact on Impact on Impact on Impact Impact on Impact (DKKm)Net positionprofit/loss Net positionprofit/lossprofit/losson OCIprofit/losson OCIEUR/DKK (27,945) (559) (26,927) (539) (89) 154 (103) 130USD/DKK (2,781) (139) (7,076) (354) (179) 780 (275) 552CNY/DKK (1,776) (89) (2,558) (128) (68) 44 (134) 74SGD/DKK (1,352) (68) (845) (42) (16) 18 (18) 16PLN/DKK (1,074) (54) (873) (44) (15) 53 (28) 38CHF/DKK (688) (34) (1,798) (90) (17) 78 (18) 24SEK/DKK 351 18 (551) (28) (20) 38 (42) 33Total n.a. (925) n.a. (1,225) (404) 1,165 (618) 867",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__119": {
"value": "4.4 Financial risksLiquidity risk The cash readiness of the Group is ensured through short and long-term credit facilities from the main banks of the Group and through the issuance of bonds. The purpose of issuing bond loans is to diversify the Group\u2019s long-term debt, making the Group less dependent on bank loans. The Group\u2019s bond loans, credit and overdraft facilities are subject to standard clauses, according to which the Group\u2019s debt must be repaid in case of a change of control. The total duration of the Group\u2019s long-term loan commitments and the undrawn amounts on our credit lines at 31 December 2023 are present-ed in the accompanying table. The weighted duration of the Group\u2019s drawn long-term loan facilities is 7.8 years at 31 December 2023. Furthermore, a maturity analysis has been provided based on contractual cash flows, including estimated interest payments. The amounts have not been discounted and as such do not reconcile directly to the state-ment of financial position.Foreign currency riskDue to our global activities, the Group is to some degree exposed to ex-change rate fluctuations. DSV seeks to eliminate foreign currency risks by hedging currency exposures centrally via the Group\u2019s Treasury depart-ment. The risk exposure is managed on a net basis, primarily by using foreign exchange forward contracts. The Group\u2019s foreign subsidiaries are not affected where trading income and costs are denominated in the local functional currency. This applies to a large part of the Group\u2019s subsidiaries. Furthermore, a large proportion of the income and expenses of the Group are denominated in EUR, and the total foreign currency risk is therefore limited.The Group is exposed to foreign currency risks relating to the translation of debt denominated in foreign currency other than the functional cur-rency and the translation of net investments in entities with a functional Commitments and amounts drawn on long-term loan facilities at 31 December 2023:Principal amount Principal amount Fixed/floating Expiry of Duration Undrawn Loan facilities (EURm)(DKKm)interest ratecommitments(years)(DKKm)Bond loan - ISIN XS2387735470 500 3,727 Fixed 17-09-2036 12.7 -Bond loan - ISIN XS2360881549 600 4,472 Fixed 05-07-2033 9.5 -Bond loan - ISIN XS2308616841 500 3,727 Fixed 03-03-2031 7.2 -Bond loan - ISIN XS2458285355 600 4,472 Fixed 16-03-2030 6.2 -Bond loan - ISIN 212542679 500 3,727 Fixed 26-02-2027 3.2 -Revolving credit facility I 200 1,491 Floating 03-10-2027 3.8 1,491Revolving credit facility II 75 559 Floating 31-12-2025 2.0 559Revolving credit facility III 200 1,491 Floating 16-12-2028 5.0 1,491Revolving credit facility IV 200 1,491 Floating 14-12-2028 5.0 1,491Revolving credit facility V 75 559 Floating 31-01-2029 5.1 559Revolving credit facility VI 100 745 Floating 15-01-2026 2.0 745Overdraft facility I 75 559 Floating 31-01-2029 5.1 559Total 3,625 27,020 6,895The Group\u2019s financial liabilities fall due as follows:Total cash flow, Financial liabilities \u2013 2023 (DKKm) Carrying amountinclu ding interest 0-1 year 1-5 years 6-10 years >10 yearsOverdraft and credit facilities 677 700 700 - - -Issued bonds 21,450 22,927 1,670 4,342 8,578 8,337Lease liabilities 17,947 21,710 4,599 12,056 4,622 433Trade payables 13,111 13,111 13,111 - - -Total 53,185 58,448 20,080 16,398 13,200 8,770Total cash flow, Financial liabilities \u2013 2022 (DKKm) Carrying amountinclu ding interest 0-1 year 1-5 years 6-10 years >10 yearsOverdraft and credit facilities 829 859 859 - - -Issued bonds 21,377 23,062 186 5,852 8,705 8,319Lease liabilities 16,767 21,278 4,302 11,059 5,322 595Trade payables 14,992 14,992 14,992 - - -Total 53,965 60,191 20,339 16,911 14,027 8,914currency other than DKK. The former risk affects profit before tax. On recognition of net investments in foreign subsidiaries, the Group is ex-posed to a translation risk when the profit or loss and equity of foreign subsidiaries are translated into DKK at the reporting date based on the average rates of exchange and the closing rates. The need to hedge the Parent\u2019s net investments in subsidiaries is assessed on a regular basis. It is Group policy to reduce net investments in Group subsidiaries on an ongoing basis by distributing the subsidiaries\u2019 profits as dividends. The Group hedges booked external net currency positions and currencies with large expected short-term operational cash flows for up to six months. At year-end 2023, 79% of expected six-month cash flows in USD were hedged. As hedge accounting is only applied to a limited extent and we do not hedge currency exposure related to intra-group balances with no under-lying cash flow impact, significant changes in currency rates, especially EUR/DKK, USD/DKK and CNY/DKK, will result in more fluctuations in re-ported financial items. Unhedged intra- group balances at 31 December are outlined in the main currency exposures table to the right. Sensitivity analysisThe Group does not hedge EUR positions, as it expects that the official Danish fixed exchange-rate policy against the EUR will continue. The sen-sitivity analysis of EUR/DKK exposure shows the effect of a 2% increase in average exchange rates for the year on profit/loss (EBIT) and the ef-fect of a 2% increase in year-end closing rates on other comprehensive income. The sensitivity analysis of other significant currency exposures shows the effect of a 5% increase in average exchange rates for the year on profit/loss (EBIT) and the effect of a 5% increase change in year-end closing rates on other comprehensive income. The Group is not signifi-cantly exposed to foreign currency transaction risk. The calculation method applied in the sensitivity analysis is unchanged compared to previous years.Unhedged intra-group balances Foreign currency translation risk \u2013 sensitivity analysis2023 2022 2023 2022Main currency exposures Impact on Impact on Impact on Impact Impact on Impact (DKKm)Net positionprofit/loss Net positionprofit/lossprofit/losson OCIprofit/losson OCIEUR/DKK (27,945) (559) (26,927) (539) (89) 154 (103) 130USD/DKK (2,781) (139) (7,076) (354) (179) 780 (275) 552CNY/DKK (1,776) (89) (2,558) (128) (68) 44 (134) 74SGD/DKK (1,352) (68) (845) (42) (16) 18 (18) 16PLN/DKK (1,074) (54) (873) (44) (15) 53 (28) 38CHF/DKK (688) (34) (1,798) (90) (17) 78 (18) 24SEK/DKK 351 18 (551) (28) (20) 38 (42) 33Total n.a. (925) n.a. (1,225) (404) 1,165 (618) 8672023 2022Fixed/floating Fixed/floating Loan facilities (DKKm)Carrying amountinterest rate Expiry Carrying amountinterest rate Expiry Bond loans 21,450 Fixed 2024-2036 21,377 Fixed 2024-2036Overdraft facilities 677 Floating 2024 829 Floating 2023Loan facilities at 31 December 22,127 22,206Current/non-current classification:Non-current liabilities 19,988 21,392Current liabilities 2,139 814Interest rate riskAt 31 December 2023, 97% (2022: 96%) of Group borrowings were secured through fixed-rate loans. The weighted duration of the fixed-rate loans is 7.3 years at 31 December 2023 (2022: 8.3 years).The weighted average interest rate on the Group\u2019s loans, credit and over-draft facilities and interest rate hedging was 0.9% at the end of 2023 (2022: 1.0%).A 1 percentage point increase in interest rates would not have a signifi-cant impact on the statement of profit or loss or other comprehensive income, based on average net interest-bearing debt for 2023. The cal-culation method applied in the sensitivity analysis is unchanged compared to pre vious years. The Group does not hedge the interest rate risk. Credit riskThe Group\u2019s credit risk mainly relates to trade receivables.The Group is not dependent on particular customer segments or any spe-cific customers, and all customers are subjected to individual credit as-sessments and credit limits in accordance with the Group\u2019s Credit Policy. As a result, the credit risk of the Group is generally considered insignificant. The Group mainly hedges credit risks through the use of credit insurance.For a number of customers, the Group uses non-recourse fac toring. At 31 December 2023, non-recourse factoring amounted to DKK 2,030 million (2022: DKK 2,288 million).DSV is exposed to counterparty credit risk when entering into derivative financial instruments. In order to reduce this risk, DSV only enters into derivative financial instruments with the existing banks of the Group whose credit ratings from Standard & Poor\u2019s are long-term A or higher. As a general rule, the Group only makes short-term deposits with banks rated short-term A-2 or higher by Standard & Poor\u2019s and/or P-2 or high-er by Moody\u2019s.Impairment of trade receivablesImpairment of trade receivables is assessed on an ongoing basis and insurance policies are taken out for the majority of these. At 31 December 2023, credit insurance amounted to DKK 17,598 million, corresponding to 79% of total trade receivables (2022: DKK 26,628 million or 82%). Loss allowances for impaired trade receivables are provided for following an expected credit loss model. The model includes uninsured trade re-ceivables and contract assets. The model also factors in any own risk on insured receivables. Expected credit loss at 31 December 2023 and 31 December 2022 is presented in the following tables:Expected credit loss 2023Carrying Expected Loss (DKKm)amount loss rate (%)allowance Current 23,139 0.1% 32Overdue 1-30 days 2,687 1.2% 32Overdue 31-60 days 730 3.8% 28Overdue 61-90 days 289 8.3% 24Overdue 91-120 days 167 15.6% 26Overdue >121 days 600 31.5% 189Total 27,612 331Expected credit loss 2022Carrying Expected Loss (DKKm)amount loss rate (%)allowance Current 31,530 0.2% 76Overdue 1-30 days 4,319 2.2% 94Overdue 31-60 days 1,331 7.1% 95Overdue 61-90 days 615 15.0% 92Overdue 91-120 days 368 26.9% 99Overdue >121 days 882 47.3% 417Total 39,045 873Current receivables are considered to have high credit worthiness with a low risk of loss. The loss allowance provision for the year is specified below:Loss allowance provision (DKKm) 20222023Provision at 1 January 873 757Additions for the year 6 713Losses recognised (159) (155)Reversal of provisions from previous years (375) (443)Currency translation (14) 1Provision at 31 December 331 873Impairment losses on trade receivables for 2023 amounted to DKK 159 million, corresponding to 0.11% of consolidated revenue (2022: DKK 155 million, or 0.07%).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__129": {
"value": "Credit riskThe Group\u2019s credit risk mainly relates to trade receivables.The Group is not dependent on particular customer segments or any spe-cific customers, and all customers are subjected to individual credit as-sessments and credit limits in accordance with the Group\u2019s Credit Policy. As a result, the credit risk of the Group is generally considered insignificant. The Group mainly hedges credit risks through the use of credit insurance.For a number of customers, the Group uses non-recourse fac toring. At 31 December 2023, non-recourse factoring amounted to DKK 2,030 million (2022: DKK 2,288 million).DSV is exposed to counterparty credit risk when entering into derivative financial instruments. In order to reduce this risk, DSV only enters into derivative financial instruments with the existing banks of the Group whose credit ratings from Standard & Poor\u2019s are long-term A or higher. As a general rule, the Group only makes short-term deposits with banks rated short-term A-2 or higher by Standard & Poor\u2019s and/or P-2 or high-er by Moody\u2019s.Impairment of trade receivablesImpairment of trade receivables is assessed on an ongoing basis and insurance policies are taken out for the majority of these. At 31 December 2023, credit insurance amounted to DKK 17,598 million, corresponding to 79% of total trade receivables (2022: DKK 26,628 million or 82%). Loss allowances for impaired trade receivables are provided for following an expected credit loss model. The model includes uninsured trade re-ceivables and contract assets. The model also factors in any own risk on insured receivables. Expected credit loss at 31 December 2023 and 31 December 2022 is presented in the following tables:Expected credit loss 2023Carrying Expected Loss (DKKm)amount loss rate (%)allowance Current 23,139 0.1% 32Overdue 1-30 days 2,687 1.2% 32Overdue 31-60 days 730 3.8% 28Overdue 61-90 days 289 8.3% 24Overdue 91-120 days 167 15.6% 26Overdue >121 days 600 31.5% 189Total 27,612 331Expected credit loss 2022Carrying Expected Loss (DKKm)amount loss rate (%)allowance Current 31,530 0.2% 76Overdue 1-30 days 4,319 2.2% 94Overdue 31-60 days 1,331 7.1% 95Overdue 61-90 days 615 15.0% 92Overdue 91-120 days 368 26.9% 99Overdue >121 days 882 47.3% 417Total 39,045 873Current receivables are considered to have high credit worthiness with a low risk of loss. The loss allowance provision for the year is specified below:Loss allowance provision (DKKm) 20222023Provision at 1 January 873 757Additions for the year 6 713Losses recognised (159) (155)Reversal of provisions from previous years (375) (443)Currency translation (14) 1Provision at 31 December 331 873Impairment losses on trade receivables for 2023 amounted to DKK 159 million, corresponding to 0.11% of consolidated revenue (2022: DKK 155 million, or 0.07%).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__130": {
"value": "Impairment of trade receivablesImpairment of trade receivables is assessed on an ongoing basis and insurance policies are taken out for the majority of these. At 31 December 2023, credit insurance amounted to DKK 17,598 million, corresponding to 79% of total trade receivables (2022: DKK 26,628 million or 82%). Loss allowances for impaired trade receivables are provided for following an expected credit loss model. The model includes uninsured trade re-ceivables and contract assets. The model also factors in any own risk on insured receivables. Expected credit loss at 31 December 2023 and 31 December 2022 is presented in the following tables:Expected credit loss 2023Carrying Expected Loss (DKKm)amount loss rate (%)allowance Current 23,139 0.1% 32Overdue 1-30 days 2,687 1.2% 32Overdue 31-60 days 730 3.8% 28Overdue 61-90 days 289 8.3% 24Overdue 91-120 days 167 15.6% 26Overdue >121 days 600 31.5% 189Total 27,612 331Expected credit loss 2022Carrying Expected Loss (DKKm)amount loss rate (%)allowance Current 31,530 0.2% 76Overdue 1-30 days 4,319 2.2% 94Overdue 31-60 days 1,331 7.1% 95Overdue 61-90 days 615 15.0% 92Overdue 91-120 days 368 26.9% 99Overdue >121 days 882 47.3% 417Total 39,045 873Current receivables are considered to have high credit worthiness with a low risk of loss. The loss allowance provision for the year is specified below:Loss allowance provision (DKKm) 20222023Provision at 1 January 873 757Additions for the year 6 713Losses recognised (159) (155)Reversal of provisions from previous years (375) (443)Currency translation (14) 1Provision at 31 December 331 873Impairment losses on trade receivables for 2023 amounted to DKK 159 million, corresponding to 0.11% of consolidated revenue (2022: DKK 155 million, or 0.07%).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__135": {
"value": "Accounting policiesDerivative financial instruments are recognised on the trade date and are measured at fair value. Positive and negative fair values are included in other current re ceivables or other current payables in the statement of financial position. Positive and negative fair values are only offset if the Group has a right and an intention to settle several financial instruments net (by means of settlement of differences). Fair value is determined based on generally accepted valuation methods using available observable market data.When entering into contracts for financial instruments, an assessment is made of whether the instrument qualifies for hedge accounting, including whether the instrument hedges recognised assets and liabilities or net investments in foreign entities. The effectiveness of recognised financial instruments is assessed on a monthly basis, and any in effectiveness is recognised in the statement of profit or loss. Fair value changes classified as and fulfilling the criteria for recognition as a fair value hedge are recognised in the statement of profit or loss to-gether with changes in the value of the specific portion of the asset or liability that has been hedged.Fair value changes in the part of the derivative which is classified as and qualifies for recognition as a future cash flow hedge and which effectively hedges against changes in the value of the hedged item are recognised in other comprehensive income as a separate hedging reserve.When the underlying hedged item is realised, any gain or loss on the hedging transaction is transferred from equity and recognised together with the hedged item. Fair value changes that do not meet the criteria for treatment as hedging instruments are recognised on an ongoing basis in the statement of profit or loss under financial items.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__134": {
"value": "Accounting policiesDerivative financial instruments are recognised on the trade date and are measured at fair value. Positive and negative fair values are included in other current re ceivables or other current payables in the statement of financial position. Positive and negative fair values are only offset if the Group has a right and an intention to settle several financial instruments net (by means of settlement of differences). Fair value is determined based on generally accepted valuation methods using available observable market data.When entering into contracts for financial instruments, an assessment is made of whether the instrument qualifies for hedge accounting, including whether the instrument hedges recognised assets and liabilities or net investments in foreign entities. The effectiveness of recognised financial instruments is assessed on a monthly basis, and any in effectiveness is recognised in the statement of profit or loss. Fair value changes classified as and fulfilling the criteria for recognition as a fair value hedge are recognised in the statement of profit or loss to-gether with changes in the value of the specific portion of the asset or liability that has been hedged.Fair value changes in the part of the derivative which is classified as and qualifies for recognition as a future cash flow hedge and which effectively hedges against changes in the value of the hedged item are recognised in other comprehensive income as a separate hedging reserve.When the underlying hedged item is realised, any gain or loss on the hedging transaction is transferred from equity and recognised together with the hedged item. Fair value changes that do not meet the criteria for treatment as hedging instruments are recognised on an ongoing basis in the statement of profit or loss under financial items.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__133": {
"value": "Accounting policiesDerivative financial instruments are recognised on the trade date and are measured at fair value. Positive and negative fair values are included in other current re ceivables or other current payables in the statement of financial position. Positive and negative fair values are only offset if the Group has a right and an intention to settle several financial instruments net (by means of settlement of differences). Fair value is determined based on generally accepted valuation methods using available observable market data.When entering into contracts for financial instruments, an assessment is made of whether the instrument qualifies for hedge accounting, including whether the instrument hedges recognised assets and liabilities or net investments in foreign entities. The effectiveness of recognised financial instruments is assessed on a monthly basis, and any in effectiveness is recognised in the statement of profit or loss. Fair value changes classified as and fulfilling the criteria for recognition as a fair value hedge are recognised in the statement of profit or loss to-gether with changes in the value of the specific portion of the asset or liability that has been hedged.Fair value changes in the part of the derivative which is classified as and qualifies for recognition as a future cash flow hedge and which effectively hedges against changes in the value of the hedged item are recognised in other comprehensive income as a separate hedging reserve.When the underlying hedged item is realised, any gain or loss on the hedging transaction is transferred from equity and recognised together with the hedged item. Fair value changes that do not meet the criteria for treatment as hedging instruments are recognised on an ongoing basis in the statement of profit or loss under financial items.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__132": {
"value": "Accounting policiesDerivative financial instruments are recognised on the trade date and are measured at fair value. Positive and negative fair values are included in other current re ceivables or other current payables in the statement of financial position. Positive and negative fair values are only offset if the Group has a right and an intention to settle several financial instruments net (by means of settlement of differences). Fair value is determined based on generally accepted valuation methods using available observable market data.When entering into contracts for financial instruments, an assessment is made of whether the instrument qualifies for hedge accounting, including whether the instrument hedges recognised assets and liabilities or net investments in foreign entities. The effectiveness of recognised financial instruments is assessed on a monthly basis, and any in effectiveness is recognised in the statement of profit or loss. Fair value changes classified as and fulfilling the criteria for recognition as a fair value hedge are recognised in the statement of profit or loss to-gether with changes in the value of the specific portion of the asset or liability that has been hedged.Fair value changes in the part of the derivative which is classified as and qualifies for recognition as a future cash flow hedge and which effectively hedges against changes in the value of the hedged item are recognised in other comprehensive income as a separate hedging reserve.When the underlying hedged item is realised, any gain or loss on the hedging transaction is transferred from equity and recognised together with the hedged item. Fair value changes that do not meet the criteria for treatment as hedging instruments are recognised on an ongoing basis in the statement of profit or loss under financial items.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__131": {
"value": "4.5 Derivative financial instrumentsAccounting policiesDerivative financial instruments are recognised on the trade date and are measured at fair value. Positive and negative fair values are included in other current re ceivables or other current payables in the statement of financial position. Positive and negative fair values are only offset if the Group has a right and an intention to settle several financial instruments net (by means of settlement of differences). Fair value is determined based on generally accepted valuation methods using available observable market data.When entering into contracts for financial instruments, an assessment is made of whether the instrument qualifies for hedge accounting, including whether the instrument hedges recognised assets and liabilities or net investments in foreign entities. The effectiveness of recognised financial instruments is assessed on a monthly basis, and any in effectiveness is recognised in the statement of profit or loss. Fair value changes classified as and fulfilling the criteria for recognition as a fair value hedge are recognised in the statement of profit or loss to-gether with changes in the value of the specific portion of the asset or liability that has been hedged.Fair value changes in the part of the derivative which is classified as and qualifies for recognition as a future cash flow hedge and which effectively hedges against changes in the value of the hedged item are recognised in other comprehensive income as a separate hedging reserve.When the underlying hedged item is realised, any gain or loss on the hedging transaction is transferred from equity and recognised together with the hedged item. Fair value changes that do not meet the criteria for treatment as hedging instruments are recognised on an ongoing basis in the statement of profit or loss under financial items.Foreign currency risk hedgingThe Group mainly uses foreign exchange forward contracts to hedge foreign currency risks. The main currency hedged is USD. The foreign exchange forward contracts are used as fair value hedges of currency exposures relating to external assets and liabilities as well as expected short-term operational cash flows. A gain on hedging instruments of DKK 181 million was recognised in the statement of profit or loss for 2023 (2022: a loss of DKK 184 million). In the same period, a loss of DKK 338 million was recognised relating to assets and liabilities (2022: a gain of DKK 460 million).Currency instrument (DKKm) 2023 2022Contractual value 4,131 5,589Maturity (year) 2024 2023Fair value 37 93Of which recognised in profit or loss 40 97Of which recognised in OCI (3) (4)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__136": {
"value": "4.6 Earnings per shareEarnings per share (DKKm) 2023 2022Profit for the year 12,407 17,671Non-controlling interests\u2019 share of consolidated profit for the year 92 103DSV A/S shareholders\u2019 share of profit for the year 12,315 17,568Amortisation of customer relationships 178 254Share-based payment 267 202Special items, costs - 1,117Related tax effect (110) (376)Adjusted profit for the year 12,650 18,765(\u2018000 shares)Total average number of shares issued 219,000 235,438Average number of treasury shares (5,482) (8,121)Average number of shares outstanding 213,518 227,317Average dilutive effect of outstanding share options under incentive schemes 2,000 3,150Diluted average number of shares outstanding 215,518 230,467Earnings per share of DKK 1 57.7 77.3Diluted earnings per share of DKK 1 57.1 76.2Adjusted earnings per share of DKK 1 59.2 82.5Diluted adjusted earnings per share of DKK 1 58.7 81.4Diluted average number of shares Diluted earnings per share and diluted adjusted earnings per share have been calculated excluding out-of-the money share options. The number of non-vested out-of-the money share options was 6,870,263 in 2023 (2022: 4,325,750).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__137": {
"value": "4.7 Financial instruments \u2014 fair value hierarchyFair value hierarchy by categoryDerivative financial instruments DSV has no financial instruments measured at fair value based on level 1 input (quoted active market prices) or level 3 input (non-observable market data). Financial instruments are measured based on level 2 input (input other than quoted prices that are observable either directly or indirectly). The fair value of currency derivatives is determined based on generally accepted valuation methods using available observable market data. Calculated fair values are verified against comparable external market quotes on a monthly basis.Issued bondsThe fair value of issued bonds measured at amortised cost is within level 1 of the fair value hierarchy.Overdraft and credit facilitiesThe carrying amount of overdraft and credit facilities measured at amortised cost is not considered to differ significantly from the fair value.Trade receivables, trade payables and other receivablesReceivables and payables pertaining to operating activities with short churn ratios are considered to have a carrying amount equal to fair value. Cash and cash equivalentsThe carrying amount of cash and cash equivalents is not considered to differ significantly from the fair value.Financial instruments by category (DKKm) Carrying amount Fair Value Carrying amount Fair ValueFinancial assets:Currency derivatives 37 37 93 93Trade receivables 22,296 22,296 32,387 32,387Other receivables 6,744 6,744 6,640 6,640Cash and cash equivalents 6,452 6,452 10,160 10,160Financial assets measured at amortised cost 35,492 35,492 49,187 49,187Financial liabilities:Issued bonds measured at amortised cost 21,450 18,364 21,377 16,615Overdraft and credit facilities 677 677 829 829Trade payables 13,111 13,111 14,992 14,992Financial liabilities measured at amortised cost 35,238 32,152 37,198 32,436",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__138": {
"value": "Fair value hierarchy by categoryDerivative financial instruments DSV has no financial instruments measured at fair value based on level 1 input (quoted active market prices) or level 3 input (non-observable market data). Financial instruments are measured based on level 2 input (input other than quoted prices that are observable either directly or indirectly). The fair value of currency derivatives is determined based on generally accepted valuation methods using available observable market data. Calculated fair values are verified against comparable external market quotes on a monthly basis.Issued bondsThe fair value of issued bonds measured at amortised cost is within level 1 of the fair value hierarchy.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__139": {
"value": "Issued bondsThe fair value of issued bonds measured at amortised cost is within level 1 of the fair value hierarchy.Overdraft and credit facilitiesThe carrying amount of overdraft and credit facilities measured at amortised cost is not considered to differ significantly from the fair value.Trade receivables, trade payables and other receivablesReceivables and payables pertaining to operating activities with short churn ratios are considered to have a carrying amount equal to fair value. Cash and cash equivalentsThe carrying amount of cash and cash equivalents is not considered to differ significantly from the fair value.Financial instruments by category (DKKm) Carrying amount Fair Value Carrying amount Fair ValueFinancial assets:Currency derivatives 37 37 93 93Trade receivables 22,296 22,296 32,387 32,387Other receivables 6,744 6,744 6,640 6,640Cash and cash equivalents 6,452 6,452 10,160 10,160Financial assets measured at amortised cost 35,492 35,492 49,187 49,187Financial liabilities:Issued bonds measured at amortised cost 21,450 18,364 21,377 16,615Overdraft and credit facilities 677 677 829 829Trade payables 13,111 13,111 14,992 14,992Financial liabilities measured at amortised cost 35,238 32,152 37,198 32,436",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__141": {
"value": "Accounting policiesCurrent tax payables and receivables are recognised in the statement of financial position as tax calculated on the taxable income for the year ad-justed for tax on taxable income for previous years and for prepaid tax. Tax for the year comprises current and deferred tax on profit or loss for the year, penalties related to pending tax disputes and adjustments to previous years, including adjustments due to tax rulings. Tax for the year is recognised in the statement of profit or loss, unless the tax expense relates directly to items included in other comprehensive income or equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__140": {
"value": "5.1 Income taxAccounting policiesCurrent tax payables and receivables are recognised in the statement of financial position as tax calculated on the taxable income for the year ad-justed for tax on taxable income for previous years and for prepaid tax. Tax for the year comprises current and deferred tax on profit or loss for the year, penalties related to pending tax disputes and adjustments to previous years, including adjustments due to tax rulings. Tax for the year is recognised in the statement of profit or loss, unless the tax expense relates directly to items included in other comprehensive income or equity.Income tax for the year (DKKm) 2023 2022Tax on profit for the year 4,083 5,550Tax on other changes in equity (171) 322Tax on other comprehensive income (81) (52)Total tax for the year 3,831 5,820Current tax 3,961 5,704Deferred tax 245 (302)Tax adjustment relating to previous years (123) 148Total tax on profit for the year 4,083 5,550Fair value adjustment of hedging instruments 6 (2)Actuarial gains/(losses) 75 54Total tax on other comprehensive income 81 52Tax rate (%) 2023 2022Calculated tax on profit for the year before tax 22.0% 22.0%Adjustment of calculated tax in foreign Group entities relative to 22.0% 2.0% 2.5%Change in deferred tax based on change in income tax rate 0.0% 0.0%Tax effect of:Non-deductible expenses/non-taxable income 1.9% 0.5%Non-deductible losses/non-taxable gains on shares (0.4%) (0.1%)Tax adjustment relating to previous years (0.7%) 0.6%Tax asset valuation adjustments, net (0.8%) (2.3%)Other taxes and adjustments 0.8% 0.7%Effective tax rate 24.8% 23.9%Global minimum top-up taxIn March 2022, the Organisation for Economic Co-operation and Devel-opment (OECD) issued technical guidance and overview of the potential impact of the OECD Pillar Two expansion on the financial statements in accordance with IAS 12 Income Taxes.The expansion of Pillar Two aims to address Base Erosion and Profit Shift-ing (BEPS) by introducing a global minimum tax rate of 15% and imple-menting tax legislation for the allocation of taxing rights.The Group\u2019s ultimate parent is in Denmark, which has enacted new tax legislation to implement the global minimum top-up tax, which may consequently be applied with respect to all subsidiaries of the Group.As the newly enacted tax legislation in Denmark is only effective from 1 January 2024, there is no current tax impact for the year ended 31 December 2023.The Group has applied a temporary mandatory relief from deferred tax accounting for the impacts of the top-up tax and accounts for it as a current tax as it is incurred.The Group has prepared a preliminary Transitional Country-by-Country Reporting (CbCR) Safe Harbour assessment concluding on fiscal year 2023, based on which it expects to be eligible for the Transitional CbCR Safe Harbour in the majority of jurisdictions in which the Group is present during fiscal year 2024. The top-up tax would not have had a material impact to the Group if it had been applicable in 2023. At 31 December 2023, there are no indications that the top-up tax will have material impact to the Group in 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__143": {
"value": "Accounting policiesDeferred tax is recognised based on temporary differences between the carrying amount and the tax value of assets and liabilities. No recognition is made of deferred tax on temporary differences relating to amortisation or depreciation of goodwill, properties and other items if disallowed for tax purposes, except at the acquisition of entities, if such temporary differenc-es arose on the date of acquisition without affecting the results or the taxable income. In cases where it is possible to calculate the tax value according to different taxation rules, deferred tax is measured on the basis of the planned use of the asset or the settlement of the liability.Deferred tax assets, including the tax base of tax loss carryforwards, are recognised as other non-current assets at the expected value of their utilisation, either by elimination in tax on future earnings or by offsetting deferred tax liabilities within the same legal tax entity and jurisdiction. Deferred tax assets and tax liabilities are offset if the enterprise has a legally enforceable right to set off current tax liabilities and tax assets or intends either to settle current tax liabilities and tax assets on a net basis or to realise the assets and liabilities simultaneously. Deferred tax is adjusted for elimination of unrealised intra-group gains and losses. Deferred tax is measured on the basis of the tax rules and tax rates of the relevant countries that will be effective under current legislation at the reporting date on which the deferred tax is expected to materialise as current tax.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__142": {
"value": "5.2 Deferred taxAccounting policiesDeferred tax is recognised based on temporary differences between the carrying amount and the tax value of assets and liabilities. No recognition is made of deferred tax on temporary differences relating to amortisation or depreciation of goodwill, properties and other items if disallowed for tax purposes, except at the acquisition of entities, if such temporary differenc-es arose on the date of acquisition without affecting the results or the taxable income. In cases where it is possible to calculate the tax value according to different taxation rules, deferred tax is measured on the basis of the planned use of the asset or the settlement of the liability.Deferred tax assets, including the tax base of tax loss carryforwards, are recognised as other non-current assets at the expected value of their utilisation, either by elimination in tax on future earnings or by offsetting deferred tax liabilities within the same legal tax entity and jurisdiction. Deferred tax assets and tax liabilities are offset if the enterprise has a legally enforceable right to set off current tax liabilities and tax assets or intends either to settle current tax liabilities and tax assets on a net basis or to realise the assets and liabilities simultaneously. Deferred tax is adjusted for elimination of unrealised intra-group gains and losses. Deferred tax is measured on the basis of the tax rules and tax rates of the relevant countries that will be effective under current legislation at the reporting date on which the deferred tax is expected to materialise as current tax. Management judgements and estimatesManagement applies significant estimates when recognising and measuring deferred tax assets and uncertain tax positions. Deferred tax assets, including the tax base of tax loss carryforwards, are recognised if it is assessed that there will be sufficient future taxable in-come against which the temporary differences and unutilised tax losses can be utilised. This assessment is based on budgets and business plans for the following years, including planned business initiatives. Deferred tax assets are tested annually and are only recognised if it is probable that future taxa-ble profit will allow the deferred tax asset to be recovered.Uncertain tax positions include ongoing disputes with tax authorities and have been provided for in accordance with the accounting policies. Man-agement believes that the provisions made are adequate. The actual obliga-tions may deviate as they depend on the result of litigations and settlements with the relevant tax authorities.Deferred tax recognised in the Statement of financial positions (DKKm) 20222023Deferred tax at 1 January 2,990 3,097Deferred tax for the year (245) 302Tax adjustment relating to previous years 101 (74)Tax on changes in equity (139) (430)Additions from business combinations (24) 79Other adjustments 40 (20)Currency translation (32) 36Deferred tax at 31 December 2,691 2,990Deferred tax not recog nised in the Statement of financial positions (DKKm) 20222023Temporary differences 4 29Tax loss carryforwards 515 853Total tax assets not recognised 519 882Of not recognised tax loss carryforwards, DKK 354 million (2022: DKK 574 million) may be carried forward indefinitely.The deferred tax assets and liabilities recognised are allocated to the following items: PPE, ROU Tax base ofassets, lease tax loss carry-Deferred tax allocation 2023 (DKKm) Intangible assetsliabilities Provisions Other liabilitiesforwards Tota lDeferred tax at 1 January (11) 112 953 994 942 2,990Recognised in profit or loss 49 (20) (176) (201) 204 (144)Recognised in equity - - 81 (220) - (139)Additions from business combinations (24) - - - - (24)Other adjustments - 2 13 12 13 40Currency translation (3) 5 (16) (15) (3) (32)Deferred tax at 31 December 11 99 855 570 1,156 2,691Recognised as follows:Deferred tax assets 155 209 1,084 768 1,084 3,300Deferred tax liabilities (144) (110) (229) (198) 72 (609)PPE, ROU Tax base of assets, lease tax loss carry-Deferred tax allocation 2022 (DKKm) Intangible assetsliabilities Provisions Other liabilitiesforwards Tota lDeferred tax at 1 January (290) (166) 889 1,758 906 3,097Recognised in profit or loss 277 170 111 (298) (32) 228Recognised in equity - - 52 (482) - (430)Additions from business combinations - 90 (95) - 84 79Other adjustments - - (2) 13 (31) (20)Currency translation 2 18 (2) 3 15 36Deferred tax at 31 December (11) 112 953 994 942 2,990Recognised as follows:Deferred tax assets 162 273 1,034 1,074 951 3,494Deferred tax liabilities (173) (161) (81) (80) (9) (504)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__146": {
"value": "Accounting policiesWhen accounting for business combinations, the acquisition method is applied in accordance with IFRS 3.Acquirees are recognised in the consolidated financial statements from the date of acquisition. The date of acquisition is the date on which DSV obtains control of the company. Entities disposed of are recognised in the consolidated financial statements until the date of disposal. The date of disposal is the date on which DSV surrenders control of the company.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__145": {
"value": "Accounting policiesWhen accounting for business combinations, the acquisition method is applied in accordance with IFRS 3.Acquirees are recognised in the consolidated financial statements from the date of acquisition. The date of acquisition is the date on which DSV obtains control of the company. Entities disposed of are recognised in the consolidated financial statements until the date of disposal. The date of disposal is the date on which DSV surrenders control of the company.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__144": {
"value": "6.1 Acquisition and disposal of entitiesAccounting policiesWhen accounting for business combinations, the acquisition method is applied in accordance with IFRS 3.Acquirees are recognised in the consolidated financial statements from the date of acquisition. The date of acquisition is the date on which DSV obtains control of the company. Entities disposed of are recognised in the consolidated financial statements until the date of disposal. The date of disposal is the date on which DSV surrenders control of the company.Management judgements and estimatesIn applying the acquisition method of accounting, estimates are an inte-gral part of assessing fair values of several identifiable assets acquired and liabilities assumed, as observable market prices are typically not available.Valuation techniques where estimates are applied typically relate to de-termining the present value of future uncertain cash flows or assessing other events in which the outcome is uncertain at the date of acquisition.More significant estimates are typically applied in accounting for property, plant and equipment, customer relationships, trade receivables, deferred tax, debt and contingent liabilities. As a result of the uncertainties inherent in fair value estimation, measurement period adjustments may be applied.Acquisitions and disposalsNo material entities, non-controlling interests or activities were acquired or divested in 2023.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__148": {
"value": "Accounting policiesDSV's share option schemes are equity-settled, measured at the grant date and recognised in the statement of profit or loss as staff costs over the vesting period. The offsetting item is recognised directly in equity.The value of employee services received during the vesting period in exchange for share options granted corresponds to the fair value of the share options at the date of granting. The fair value of the options granted is determined based on the Black & Scholes valuation model. The assumptions used in the valuation takes into account the terms and conditions applicable to the options granted and Management\u2019s expectations of the various parameters on which the valuation model is based.Upon initial recognition, an estimate is made of the number of share options that the employees are expected to earn. The estimated number of share options is adjusted subsequently to reflect the actual number of share options earned. The estimated volatility is based on historical data over the preceding three years adjusted for any unusual circumstances during the period. The valuation of the share options granted in 2023 and 2022 is based on the following assumptions:",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__147": {
"value": "6.2 Share option schemesAccounting policiesDSV's share option schemes are equity-settled, measured at the grant date and recognised in the statement of profit or loss as staff costs over the vesting period. The offsetting item is recognised directly in equity.The value of employee services received during the vesting period in exchange for share options granted corresponds to the fair value of the share options at the date of granting. The fair value of the options granted is determined based on the Black & Scholes valuation model. The assumptions used in the valuation takes into account the terms and conditions applicable to the options granted and Management\u2019s expectations of the various parameters on which the valuation model is based.Upon initial recognition, an estimate is made of the number of share options that the employees are expected to earn. The estimated number of share options is adjusted subsequently to reflect the actual number of share options earned. The estimated volatility is based on historical data over the preceding three years adjusted for any unusual circumstances during the period. The valuation of the share options granted in 2023 and 2022 is based on the following assumptions:Assumptions 2023 2022Exercise price (DKK) 1,485.0 1,485.0Volatility 18.0% 18.0%Risk-free interest rate 3.4% 1.2%Expected dividends 0.8% 0.8%Expected remaining life (years) 3.5 3.5Current share option schemesExercise price Number of Fair value at date of Scheme Options granted Exercise period(DKK)employeesgranting (DKKm)2019 2,735,000 29.03.2022 - 27.03.2024 545.0 1,624 141.72020 3,080,750 31.03.2023 - 31.03.2025 560.0 2,000 155.52021 2,438,300 01.04.2024 - 31.03.2026 1,325.0 2,202 205.32022 2,640,900 01.04.2025 - 31.03.2027 1,485.0 2,524 279.82023 2,664,000 01.04.2026 - 31.03.2028 1,485.0 2,516 368.1Average exercise Share option schemes at 31 December 2023Key price per option Scheme Executive Boardemployees Tot a l(DKK)2019* - 783,000 783,000 545.02020* - 1,653,250 1,653,250 560.02021 168,750 2,155,300 2,324,050 1,325.02022 198,250 2,334,875 2,533,125 1,485.02023 198,750 2,424,950 2,623,700 1,485.0Outstanding at 31 December 2023 565,750 9,351,375 9,917,125 1,219.1Open for exercise at 31 December 2023 - 2,436,250 2,436,250 555.2Life (years) 3.3 2.7 2.7 n.a.Fair value (DKKm) 26 1,864 1,890 n.a.* Share options granted in 2019 and 2020 are currently exercisable.Share option schemesDSV has launched share-based incentive schemes with the purpose of motivating and retaining key employees across the organisation. Share options are awarded at all levels in the organisation, e.g. from team leads, specialists, branch managers, country managers, up to Executive Man-agement.Retention is motivated by requiring continued service for a period cover-ing the vesting period as a minimum. The schemes are also intended to align the interests of employees and shareholders. All active schemes entail a three-year vesting period and a two-year ex-ercise period. In case of a change of control, all outstanding share options will vest. Exercise prices are set based on the quoted market prices lead-ing up to the date of granting. The share options can be exercised by cash purchase of shares only. The obligation relating to the schemes is partly covered by the Company\u2019s treasury shares.Share options are granted in accordance with the procedures outlined in the Group\u2019s Remuneration Policy for the respective year.A total of 3,117 employees held share options at 31 December 2023 (2022: 2,988 employees). Total costs recognised in 2023 for services received but not recognised as an asset amounted to DKK 267 million (2022: DKK 202 million). The average share price for options exercised in the financial year was DKK 1,263.6 per share at the date of exercise (2022: DKK 1,093.4 per share).Average exercise Executive Key price per option Outstanding share options Boardemployees Tot a l(DKK)Outstanding at 1 January 2023 949,000 9,812,800 10,761,800 940.6Granted 198,750 2,465,250 2,664,000 1,485.0Exercised (582,000) (2,784,500) (3,366,500) 533.1Options waived/expired - (142,175) (142,175) 1,365.5Outstanding at 31 December 2023 565,750 9,351,375 9,917,125 1,219.1Outstanding at 1 January 2022 762,750 8,814,648 9,577,398 730.9Granted 198,250 2,442,650 2,640,900 1,485.0Exercised (12,000) (1,279,573) (1,291,573) 479.1Options waived/expired - (164,925) (164,925) 1,091.6Outstanding at 31 December 2022 949,000 9,812,800 10,761,800 940.6",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__150-1": {
"value": "6.3 Remuneration of the Executive Board and the Board of DirectorsExecutive BoardThe members of the Executive Board are subject to a notice period of up to 24 months. Remuneration of the members of the Executive Board and the Board of Directors complies with the principles of the Company\u2019s Re-muneration Policy and is described in detail in the Remuneration Report. Ordinary remuneration to the members of the Executive Board for 2023 was DKK 63.6 million (2022: DKK 54.8 million). Additional DKK 67 million (2022: DKK 0 million) has been included related to termination benefits. Total aggregate remuneration of the members of the Executive Board for 2023 was DKK 130.6 million (2022: DKK 54.8 million). The termination benefits relate to the CEO change that will take effect in 2024. Termina-tion benefits relating to share-based payments consists of share-options to be granted under the Executive Board share options programme in 2024 and 2025. In measuring the cost for share options up for grant, the Black-Scholes value determined at the grant of the latest share op-tions programme has been applied. Termination benefits are presented as special items costs in the statement of profit or loss. Executive Board remuneration (DKKm) 20222023Fixed salary 39.1 36.1Pension 3.1 2.9Share-based payment 21.4 15.8Total ordinary remuneration 63.6 54.8Share-based payment - termination benefits 30.9 -Termination benefits 36.1 -Total aggregate remuneration 130.6 54.8Board of DirectorsThe aggregate remuneration to the Board of Directors of DSV A/S for 2023 was DKK 8.4 million (2022: DKK 6.9 million).6.5 Related partiesDSV has no related parties with control of the Group and no related par-ties with significant influence other than key management personnel \u2013 mainly in the form of the Board of Directors and the Executive Board. Related-party transactionsBoard of Directors and Executive BoardNo transactions with the Board of Directors and Executive Board were made in 2023 other than ordinary remuneration and termination benefits, as described in notes 6.2 and 6.3.Associated companiesDSV holds ownership interests in 9 associates (2022: 8 associates). The Group\u2019s share of associates\u2019 profit for the year amounted to DKK 4 million (2022: DKK 7 million). The carrying amount of the investment was DKK 47 million at 31 December 2023 (2022: DKK 50 million).The Group had the following transactions with associates:Associated companies transactions (DKKm) 20222023Sale of services 79 128Purchase of services 14 14The Group had the following outstanding balances with associates at 31 December:Associated companies balances (DKKm) 20222023Receivables 199 19Payables - -",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__149": {
"value": "6.3 Remuneration of the Executive Board and the Board of DirectorsExecutive BoardThe members of the Executive Board are subject to a notice period of up to 24 months. Remuneration of the members of the Executive Board and the Board of Directors complies with the principles of the Company\u2019s Re-muneration Policy and is described in detail in the Remuneration Report. Ordinary remuneration to the members of the Executive Board for 2023 was DKK 63.6 million (2022: DKK 54.8 million). Additional DKK 67 million (2022: DKK 0 million) has been included related to termination benefits. Total aggregate remuneration of the members of the Executive Board for 2023 was DKK 130.6 million (2022: DKK 54.8 million). The termination benefits relate to the CEO change that will take effect in 2024. Termina-tion benefits relating to share-based payments consists of share-options to be granted under the Executive Board share options programme in 2024 and 2025. In measuring the cost for share options up for grant, the Black-Scholes value determined at the grant of the latest share op-tions programme has been applied. Termination benefits are presented as special items costs in the statement of profit or loss. Executive Board remuneration (DKKm) 20222023Fixed salary 39.1 36.1Pension 3.1 2.9Share-based payment 21.4 15.8Total ordinary remuneration 63.6 54.8Share-based payment - termination benefits 30.9 -Termination benefits 36.1 -Total aggregate remuneration 130.6 54.8Board of DirectorsThe aggregate remuneration to the Board of Directors of DSV A/S for 2023 was DKK 8.4 million (2022: DKK 6.9 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__151": {
"value": "6.4 Fees to auditors appointed at the Annual General MeetingAudit fees and services (DKKm) 20222023Statutory audit fees 47 45Other assurance services 3 3Tax and VAT advisory services 1 1Other services 4 5Total fees to auditors appointed at the Annual General Meeting 55 54Statutory audit fees 4 6Tax and VAT advisory services 1 2Total fees, other 5 8Total 60 62Non-audit services provided by PwC Denmark amounted to DKK 5 million in 2023, relating to advisory services in relation to legal disputes and IT compliance, assurance and advisory in relation to ESG, various tax adviso-ry services, due diligence services and other advisory services. Non-audit services provided by PwC Denmark did not exceed 70% of the audit fees in accordance with EU audit legislation.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__157": {
"value": "Accounting policiesContingent liabilities comprise possible obligations which have not yet been confirmed, are uncertain or cannot be measured reliably, but which, if realised, may result in a drain on the Group\u2019s resources. Obligations are recognised in the financial statements only to the extent that the criteria for recognising a provision are met.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__156": {
"value": "6.6 Contingent liabilities and security for debtContingent liabilitiesAccounting policiesContingent liabilities comprise possible obligations which have not yet been confirmed, are uncertain or cannot be measured reliably, but which, if realised, may result in a drain on the Group\u2019s resources. Obligations are recognised in the financial statements only to the extent that the criteria for recognising a provision are met.Management judgements and estimatesManagement applies judgements in assessing the existence of contingent liabilities on an ongoing basis and in this regard considers if the criteria for recognising a provision are met. These judgements may involve advice from external experts, legal advisors, etc.As an international transport service provider, the Group is regularly in-volved in tax and VAT disputes, legal proceedings or inquiries from compe-tition authorities. Management believes that the cases currently identified will have no material impact on the financial position of the Group.A detailed disclosure of individual contingent liabilities is considered im-practicable and is therefore not included in the notes to the financial statements.CommitmentsJoint venturesThe Group has a funding commitment towards joint ventures of USD 2,450 million corresponding to DKK 16,522 million (2022: DKK 0 mil-lion). The commitment is callable until 31 December 2031. At 31 De-cember 2023, the Group had a remaining commitment of USD 2,450 million, corresponding to DKK 16,522 million (2022: DKK 0 million) if called. ContractsDSV has concluded IT service contracts. Costs related to these contracts are recognised as the services are provided.Security for debtBank guaranteesAs part of its ordinary operations, DSV has provided bank guarantees to authorities, suppliers, etc. The counterparties may claim appropriation of collateral if DSV fails to pay any amount due. PledgesAt 31 December 2023, property, plant and equipment and other financial assets with a carrying amount of DKK 2 million were pledged as security (2022: DKK 30.9 million). The carrying amount of debt secured by pledg-es amounted to DKK 0 million (2022: DKK 0 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__155": {
"value": "6.6 Contingent liabilities and security for debtContingent liabilitiesAccounting policiesContingent liabilities comprise possible obligations which have not yet been confirmed, are uncertain or cannot be measured reliably, but which, if realised, may result in a drain on the Group\u2019s resources. Obligations are recognised in the financial statements only to the extent that the criteria for recognising a provision are met.Management judgements and estimatesManagement applies judgements in assessing the existence of contingent liabilities on an ongoing basis and in this regard considers if the criteria for recognising a provision are met. These judgements may involve advice from external experts, legal advisors, etc.As an international transport service provider, the Group is regularly in-volved in tax and VAT disputes, legal proceedings or inquiries from compe-tition authorities. Management believes that the cases currently identified will have no material impact on the financial position of the Group.A detailed disclosure of individual contingent liabilities is considered im-practicable and is therefore not included in the notes to the financial statements.CommitmentsJoint venturesThe Group has a funding commitment towards joint ventures of USD 2,450 million corresponding to DKK 16,522 million (2022: DKK 0 mil-lion). The commitment is callable until 31 December 2031. At 31 De-cember 2023, the Group had a remaining commitment of USD 2,450 million, corresponding to DKK 16,522 million (2022: DKK 0 million) if called. ContractsDSV has concluded IT service contracts. Costs related to these contracts are recognised as the services are provided.Security for debtBank guaranteesAs part of its ordinary operations, DSV has provided bank guarantees to authorities, suppliers, etc. The counterparties may claim appropriation of collateral if DSV fails to pay any amount due. PledgesAt 31 December 2023, property, plant and equipment and other financial assets with a carrying amount of DKK 2 million were pledged as security (2022: DKK 30.9 million). The carrying amount of debt secured by pledg-es amounted to DKK 0 million (2022: DKK 0 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__154": {
"value": "6.6 Contingent liabilities and security for debtContingent liabilitiesAccounting policiesContingent liabilities comprise possible obligations which have not yet been confirmed, are uncertain or cannot be measured reliably, but which, if realised, may result in a drain on the Group\u2019s resources. Obligations are recognised in the financial statements only to the extent that the criteria for recognising a provision are met.Management judgements and estimatesManagement applies judgements in assessing the existence of contingent liabilities on an ongoing basis and in this regard considers if the criteria for recognising a provision are met. These judgements may involve advice from external experts, legal advisors, etc.As an international transport service provider, the Group is regularly in-volved in tax and VAT disputes, legal proceedings or inquiries from compe-tition authorities. Management believes that the cases currently identified will have no material impact on the financial position of the Group.A detailed disclosure of individual contingent liabilities is considered im-practicable and is therefore not included in the notes to the financial statements.CommitmentsJoint venturesThe Group has a funding commitment towards joint ventures of USD 2,450 million corresponding to DKK 16,522 million (2022: DKK 0 mil-lion). The commitment is callable until 31 December 2031. At 31 De-cember 2023, the Group had a remaining commitment of USD 2,450 million, corresponding to DKK 16,522 million (2022: DKK 0 million) if called. ContractsDSV has concluded IT service contracts. Costs related to these contracts are recognised as the services are provided.Security for debtBank guaranteesAs part of its ordinary operations, DSV has provided bank guarantees to authorities, suppliers, etc. The counterparties may claim appropriation of collateral if DSV fails to pay any amount due. PledgesAt 31 December 2023, property, plant and equipment and other financial assets with a carrying amount of DKK 2 million were pledged as security (2022: DKK 30.9 million). The carrying amount of debt secured by pledg-es amounted to DKK 0 million (2022: DKK 0 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__153": {
"value": "6.6 Contingent liabilities and security for debtContingent liabilitiesAccounting policiesContingent liabilities comprise possible obligations which have not yet been confirmed, are uncertain or cannot be measured reliably, but which, if realised, may result in a drain on the Group\u2019s resources. Obligations are recognised in the financial statements only to the extent that the criteria for recognising a provision are met.Management judgements and estimatesManagement applies judgements in assessing the existence of contingent liabilities on an ongoing basis and in this regard considers if the criteria for recognising a provision are met. These judgements may involve advice from external experts, legal advisors, etc.As an international transport service provider, the Group is regularly in-volved in tax and VAT disputes, legal proceedings or inquiries from compe-tition authorities. Management believes that the cases currently identified will have no material impact on the financial position of the Group.A detailed disclosure of individual contingent liabilities is considered im-practicable and is therefore not included in the notes to the financial statements.CommitmentsJoint venturesThe Group has a funding commitment towards joint ventures of USD 2,450 million corresponding to DKK 16,522 million (2022: DKK 0 mil-lion). The commitment is callable until 31 December 2031. At 31 De-cember 2023, the Group had a remaining commitment of USD 2,450 million, corresponding to DKK 16,522 million (2022: DKK 0 million) if called. ContractsDSV has concluded IT service contracts. Costs related to these contracts are recognised as the services are provided.Security for debtBank guaranteesAs part of its ordinary operations, DSV has provided bank guarantees to authorities, suppliers, etc. The counterparties may claim appropriation of collateral if DSV fails to pay any amount due. PledgesAt 31 December 2023, property, plant and equipment and other financial assets with a carrying amount of DKK 2 million were pledged as security (2022: DKK 30.9 million). The carrying amount of debt secured by pledg-es amounted to DKK 0 million (2022: DKK 0 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__158": {
"value": "Security for debtBank guaranteesAs part of its ordinary operations, DSV has provided bank guarantees to authorities, suppliers, etc. The counterparties may claim appropriation of collateral if DSV fails to pay any amount due. PledgesAt 31 December 2023, property, plant and equipment and other financial assets with a carrying amount of DKK 2 million were pledged as security (2022: DKK 30.9 million). The carrying amount of debt secured by pledg-es amounted to DKK 0 million (2022: DKK 0 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCollateralExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__161": {
"value": "Group company overviewThe overview below is a list of companies in the DSV Group at 31 December 2023 showing the companies by segment and not by legal structure.Air & Sea Road Solutions GroupActivity:Ownership Company Countryshare ActivityParentDSV A/S DenmarkSubsidiariesEuropeDSV Andorra, SLU Andorra 100.0%DSV Air & Sea GmbH Austria 100.0%GIL Austria GmbH in Liquidation Austria 100.0%DSV Road GmbH Austria 100.0%Panalpina Central Asia EC Azerbaijan 100.0%- Azerbaijan BranchDSV Air & Sea NV Belgium 100.0%Panalpina World Transport N.V. Belgium 100.0%AD Handling NV Belgium 100.0%ABX Worldwide Holdings NV/SA Belgium 100.0%DSV Road Holding NV Belgium 100.0%Europe (continued)DSV Air & Sea Belgium NV Belgium 100.0%DSV Solutions N.V. Belgium 100.0%DSV Logistics N.V. Belgium 100.0%DSV Road N.V. Belgium 100.0%MCI Brokers N.V. Belgium 99.9%DSV Real Estate Ghent NV Belgium 100.0%DSV Air & Sea EOOD Bulgaria 100.0%DSV Road EOOD Bulgaria 100.0%DSV Hrvatska d.o.o. Croatia 100.0%DSV Air & Sea s.r.o. Czech Republic 100.0%Panalpina Czech S.R.O. Czech Republic 100.0%GIL Czech Republic s.r.o. Czech Republic 100.0%DSV Air & Sea Czech Republic s.r.o. Czech Republic 100.0%DSV Solutions s.r.o. Czech Republic 100.0%DSV Road a.s. Czech Republic 100.0%DSV Insurance A/S Denmark 100.0%DSV Group Services A/S Denmark 100.0%DSV FS A/S Denmark 100.0%Anpartselskabet af 25. januar 2017 Denmark 100.0%DSV Real Estate Ringsted A/S Denmark 100.0%DSV Air & Sea Holding A/S Denmark 100.0%DSV Air & Sea A/S Denmark 100.0%DSV Ocean Transport A/S Denmark 100.0%PC KH ApS Denmark 100.0%DSV Air & Sea Denmark ApS Denmark 100.0%DSV Solutions Holding A/S Denmark 100.0%DSV Solutions A/S Denmark 100.0%DSV Real Estate Duisburg A/S Denmark 100.0%DSV Road Holding A/S Denmark 100.0%Europe (continued)DSV Road A/S Denmark 100.0%DSV Real Estate Horsens A/S Denmark 100.0%DSV Real Estate Hedeland 5 A/S Denmark 100.0%DSV Road Services A/S Denmark 100.0%DSV Real Estate Oem A/S Denmark 100.0%DSV Estonia AS Estonia 100.0%DSV Air & Sea Oy Finland 100.0%DSV Solutions Oy Finland 100.0%DSV Road Oy Finland 100.0%DSV Air & Sea SAS France 100.0%DSV International Air & Sea France France 100.0%DSV Solutions SAS France 100.0%DSV Road Holding S.A. France 100.0%DSV Road SAS France 100.0%Panalpina Georgia LLC Georgia 100.0%DSV Group Services GmbH Germany 100.0%DSV Air & Sea Germany GmbH Germany 100.0%DSV Air & Sea Deutschland GmbH Germany 100.0%DSV Real Estate Duisburg A/S Germany 100.0%- German BranchDSV Solutions Group GmbH Germany 100.0%DSV Solutions GmbH Germany 100.0%DSV Stuttgart GmbH & Co. KG Germany 100.0%DSV Stuttgart Verwaltung GmbH Germany 100.0%DSV Road GmbH Germany 100.0%DSV Services GmbH Germany 100.0%DSV Air & Sea Single Member S.A. Greece 100.0%DSV Road Single Member S.A. Greece 100.0%DSV Air & Sea Hungary Kft. Hungary 100.0%Europe (continued)DSV Solutions Hungary Kft. Hungary 100.0%DSV Hungaria Kft. Hungary 100.0%DSV Real Estate Hungary Kft. Hungary 100.0%DSV Air & Sea Limited Ireland 100.0%Panalpina World Transport (Ireland) Ltd. Ireland 100.0%DSV GIL Ireland Limited Ireland 100.0%LEP Shannon Ltd. Ireland 100.0%DSV Air & Sea (Ireland) Limited Ireland 100.0%DSV Solutions Ltd. Ireland 100.0%UTI Inventory Management Ireland 100.0%Solutions LimitedDSV Road Limited Ireland 100.0%DSV S.p.A. Italy 100.0%Panalpina Trasporti Mondiali S.p.A. Italy 100.0%DSV Real Estate S.p.A. Italy 89.8%UTi Italy SrL Italy 100.0%DSV Air & Sea Italy S.r.l. Italy 100.0%DSV Solutions S.R.L. Italy 100.0%DSV Real Estate Novara S.r.l. Italy 66.0%DSV Real Estate Modena S.r.l. Italy 100.0%DSV Road S.R.L. Italy 100.0%DSV Verona S.r.l. Italy 100.0%GIL Kazakhstan LLP Kazakhstan 100.0%DSV Latvia SIA Latvia 100.0%DSV Lithuania UAB Lithuania 100.0%DSV Air Services Luxembourg 100.0%DSV Lead Logistics B.V. Netherlands 100.0%Agility Logistics International BV Netherlands 100.0%GeoLogistics European Holdings B.V. Netherlands 100.0%Europe (continued)Telmidas AMS B.V. Netherlands 100.0%TransOceanic Holdings BV Netherlands 100.0%DSV Finance B.V. Netherlands 100.0%African Investments BV Netherlands 100.0%UTi (Netherlands) Holdings BV Netherlands 100.0%DSV Air & Sea Nederland B.V. Netherlands 100.0%DSV Shared Services B.V. Netherlands 100.0%DSV Solutions Holding B.V. Netherlands 100.0%DSV Solutions Nederland B.V. Netherlands 100.0%IMS Holdings BV Netherlands 100.0%DSV Solutions (Moerdijk) B.V. Netherlands 100.0%DSV Real Estate Dallas Holding B.V. Netherlands 100.0%DSV Real Estate Maastricht B.V. Netherlands 100.0%DSV Real Estate Moerdijk B.V. Netherlands 100.0%DSV Moerdijk Project B.V. Netherlands 100.0%DSV Road Holding N.V. Netherlands 100.0%DSV Road B.V. Netherlands 100.0%DSV Real Estate Eindhoven B.V. Netherlands 100.0%DSV ROAD DOOEL Skopje North Macedonia 100.0%DSV Air & Sea AS Norway 100.0%Panalpina AS Norway 100.0%GIL Norway AS Norway 100.0%DSV Solutions AS Norway 100.0%DSV Road AS Norway 100.0%DSV International Shared Poland 100.0%Services Sp. z o.o.DSV Real Estate Warsaw II Sp. z o.o. Poland 100.0%DSV Air & Sea Sp. z o.o. Poland 100.0%Panalpina Polska Sp. z o.o. Poland 100.0%Europe (continued)GIL POLAND Sp. z o.o. Poland 100.0%DSV Air & Sea Poland Sp. z o.o. Poland 100.0%DSV Services Sp. z o.o. Poland 100.0%DSV Road Sp. z o.o. Poland 100.0%DSV Solutions Sp. z o.o. Poland 100.0%DSV Real Estate Lodz Sp. z o.o. Poland 100.0%DSV Group Services Unipessoal, Lda Portugal 100.0%DSV Air & Sea Portugal, LDA Portugal 100.0%DSV Solutions, Lda. Portugal 100.0%DSV SGPS, Lda. Portugal 100.0%DSV Transitarios, Lda. Portugal 100.0%DSV Air & Sea SRL Romania 100.0%GIL AIR&SEA S.R.L. Romania 100.0%DSV Solutions S.R.L. Romania 100.0%DSV Road S.R.L. Romania 100.0%DSV Road d.o.o. Serbia 100.0%DSV Solutions Slovakia s. r. o. Slovakia 100.0%DSV Air & Sea Slovakia s.r.o. Slovakia 100.0%DSV Real Estate Bratislava s.r.o. Slovakia 100.0%DSV Slovakia, s.r.o. Slovakia 100.0%DSV Transport d.o.o. Slovenia 100.0%DSV Air & Sea d.o.o. Slovenia 100.0%Tacisa Transitaria S.L. Spain 100.0%DSV Air & Sea International, S.L.U. Spain 100.0%DSV Solutions Spain S.A.U. Spain 100.0%Servicios Logisticos Integrados SLI, S.A. Spain 100.0%DSV Road Spain S.A.U. Spain 100.0%DSV Holding Spain S.L. Spain 100.0%DSV Air & Sea, S.A.U. Spain 100.0%Europe (continued)DSV REAL ESTATE LA BISBAL S.L. Spain 100.0%DSV Air & Sea AB Sweden 100.0%DSV Air & Sea Nordic AB Sweden 100.0%Agility AB Sweden 100.0%DSV Solutions AB Sweden 100.0%DSV Real Estate Landskrona 2 AB Sweden 100.0%DSV Real Estate Helsingborg AB Sweden 100.0%DSV Group AB Sweden 100.0%DSV Road AB Sweden 100.0%G\u00f6inge Frakt EK Sweden 100.0%DSV Road Property Holding AB Sweden 100.0%GIL Switzerland 4 AG Switzerland 100.0%Panalpina Welttransport Holding AG Switzerland 100.0%DSV Corporate Services AG Switzerland 100.0%Panalpina International AG Switzerland 100.0%DSV Air & Sea AG Switzerland 100.0%GIL Switzerland 2 AG Switzerland 100.0%DSV Logistics S.A. Switzerland 100.0%DSV Air & Sea A.S. T\u00fcrkiye 100.0%DSV International Hava ve T\u00fcrkiye 100.0%Deniz Ta\u015fimacili\u011fi Ltd.\u015eirketiDSV Road & Solutions A.S. T\u00fcrkiye 100.0%Panalpina World Transport Ltd. Ukraine 100.0%DSV Logistics LLC Ukraine 100.0%Agility Logistics LLC Ukraine 100.0%DSV GIL Holding Limited United Kingdom 100.0%DSV Air & Sea Limited United Kingdom 100.0%Panalpina World Transport Ltd. United Kingdom 100.0%DSV GIL UK Limited United Kingdom 100.0%Europe (continued)DSV GIL Fairs & Events Limited United Kingdom 100.0%DSV GIL Pension Trustees Limited United Kingdom 100.0%DSV Air & Sea 2018 (UK) Limited United Kingdom 100.0%DSV Lead Logistics Limited United Kingdom 100.0%DSV GIL Solutions Limited United Kingdom 100.0%DSV GIL Management Limited United Kingdom 100.0%DSV Real Estate Thrapston Limited United Kingdom 100.0%DSV Road Holding Ltd. United Kingdom 100.0%DSV Commercials Ltd. United Kingdom 100.0%DSV Road Ltd. United Kingdom 100.0%Global Options Worldwide Express (Ltd) United Kingdom 100.0%DSV Pension Trustees Ltd. United Kingdom 100.0%DSV Solutions Ltd. United Kingdom 100.0%DFDS Transport Ltd. United Kingdom 100.0%DSV Real Estate Tamworth Ltd. United Kingdom 100.0%G T Exhibitions Limited United Kingdom 100.0%North AmericaDSV Air & Sea Inc. Canada 100.0%DSV Solutions Inc. Canada 100.0%DSV Road, Inc. Canada 100.0%DSV Air & Sea, S.A. de C.V. Mexico 100.0%DSV International Shared Mexico 100.0%Services S.A. de C.V.TransOceanic Shipping Co. S. Mexico 100.0%de RL de C.V.DSV Solutions S.A. de C.V. Mexico 100.0%DSV Road, S.A. de C.V. Mexico 100.0%DSV 4PL Inc. United States 100.0%DSV Air & Sea Holding Inc. United States 100.0%North America (continued)DSV Air & Sea Inc. United States 100.0%DSV Air & Sea International United States 100.0%Holding Inc.DSV Solutions, LLC United States 100.0%DSV Inventory Management United States 100.0%Solutions Inc.DSV Real Estate Dallas Inc. United States 100.0%Market Industries LLC United States 100.0%DSV Road Transport, Inc. United States 100.0%DSV Road, Inc. United States 100.0%DSV US Property Holding, Inc. United States 100.0%DSV Real Estate Los Angeles, LLC United States 100.0%DSV Real Estate Phoenix, LLC United States 100.0%DSV Real Estate New Jersey, LLC United States 100.0%DSV Real Estate Chicago, LLC United States 100.0%DSV Real Estate New Albany, LLC United States 100.0%DSV Real Estate Pharr, LLC United States 100.0%DSV Real Estate Atlanta, LLC United States 100.0%South AmericaUTi Logistics Argentina S.A. Argentina 100.0%DSV Air & Sea S.A. Argentina 100.0%GeoLogistics Holdings Bermuda 100.0%(Bermuda) LimitedDSV Solutions Brasil Servi\u00e7os Brazil 100.0%de Log\u00edstica Ltda.DSV Air & Sea Brasil Ltda. Brazil 100.0%UTi Worldwide Inc. Brit. Virgin Islands 100.0%UTi Logistics (Proprietary) Limited Brit. Virgin Islands 100.0%Thomas International Freight Brit. Virgin Islands 100.0%Auditors LimitedSouth America (continued)UTi Kazakhstan Investments Ltd Brit. Virgin Islands 100.0%Agility (Asia/Pacific) Limited Brit. Virgin Islands 100.0%PWC Global Logistics Holdings Ltd Brit. Virgin Islands 100.0%DSV Air & Sea (Latin America) Chile 100.0%Holding S.A.DSV Air & Sea S.A. Chile 100.0%Agility Logistics Corp. Holding SpA Chile 100.0%Agility Logistics Chile SA Chile 100.0%DSV Air & Sea S.A.S. Colombia 100.0%AGENCIA DE ADUANAS DSV Colombia 100.0%S.A.S. NIVEL 1DSV Solutions S.A.S. Colombia 100.0%DSV Solutions Zona Franca SAS Colombia 100.0%DSV Air & Sea S.A. Costa Rica 100.0%DSV AIR & SEA DOMINICANA, Dominican 100.0%S.R.L.RepublicDSV-AIR&SEA S.A. Ecuador 100.0%DSV Air & Sea, S.A. de C.V. El Salvador 100.0%DSV Air & Sea PA Inc. Panama 100.0%Panalpina SEM, S.A. Panama 100.0%Panalpina S.A. Panama 100.0%Almacenadora Mercantil S.A. Panama 100.0%DSV Air & Sea S.A. Peru 100.0%Agility Logistics Peru S.A. Peru 100.0%DSV Air & Sea (PR) Inc. Puerto Rico 100.0%Arabella Shipping LtdSaint Vincent And 100.0%The GrenadinesDSV Air & Sea Uruguay Uruguay 100.0%- Servicios Logisticos SADSV Air & Sea Uruguay S.A. Uruguay 100.0%AsiaDSV Air & Sea Ltd. Bangladesh 100.0%Agility Ltd. Bangladesh 100.0%DSV Air & Sea (Cambodia) Co., Ltd. Cambodia 100.0%Prime Cargo (Cambodia) Co., Ltd. Cambodia 100.0%GIL Integration 1 (Cambodia) Co., Ltd. Cambodia 100.0%DSV Air & Sea Co., Ltd. Cambodia 100.0%UTi Worldwide Co. Ltd. Cambodia 100.0%- Cambodia Branch (USD)DSV Air & Sea Co., Ltd. China 100.0%DSV Air & Sea Co., Ltd. (China) China 100.0%Baisui United Logistics China 100.0%(Shanghai) Co. Ltd.Agility Logistics (Shanghai) Limited China 100.0%DSV Logistics Co., Ltd. China 100.0%Panalpina World Transport (PRC) Ltd. China 100.0%Zhejiang DSV supply chain China 100.0%management CO.,LTDDSV Solutions Co., Ltd. China 100.0%DSV Logistics (Nanjing) Co., Ltd. China 100.0%DSV Air & Sea Ltd. Hong Kong 100.0%Pantainer (H.K.) Ltd. Hong Kong 100.0%Agility Logistics Limited Hong Kong 100.0%ECT Transport Limited Hong Kong 100.0%DSV Solutions Limited Hong Kong 100.0%DSV Air & Sea (HK) Ltd. Hong Kong 100.0%Panalpina China Ltd. Hong Kong 100.0%DSV Air & Sea Pvt. Ltd. India 100.0%DSV Air & Sea International India 100.0%Private LimitedDSV Coload & Clearance Pvt. Ltd. India 100.0%Asia (continued)DSV Solutions Private Limited India 100.0%PT. DSV Transport Indonesia Indonesia 100.0%PT GIL Solusi Indonesia Indonesia 100.0%PT DSV Solutions Indonesia Indonesia 100.0%PT Synergy Indonesia Indonesia 100.0%PT Sarana Prima Optima Indonesia 100.0%DSV Air & Sea Japan GK Japan 100.0%DSV Air & Sea Co., Ltd. Japan 100.0%DSV Solutions Co., Ltd. Japan 100.0%DSV Air & Sea Ltd. Korea 100.0%DSV Solutions Ltd. Korea 100.0%DSV Air & Sea International Ltd. Korea 100.0%DSV Air and Sea Limited Macao 100.0%DSV Air & Sea Sdn. Bhd. Malaysia 100.0%Panalpina Customs Services Malaysia 100.0%(M) SDN BHDLitvest Corporation Sdn Bhd Malaysia 100.0%DSV Solutions (DC) Sdn. Bhd. Malaysia 100.0%GOCT Logistics Sdn Bhd Malaysia 100.0%DSV Shared Services Asia Sdn Bhd Malaysia 100.0%DSV Solutions (Management) Sdn. Bhd. Malaysia 100.0%DSV Logistics Sdn. Bhd. Malaysia 100.0%DSV STATIONARY SDN. BHD. Malaysia 100.0%Panalpina Transport Malaysia 100.0%(Malaysia) Sdn. Bhd.DSV Inventory Management Malaysia 100.0%Solutions Sdn. Bhd.DSV Air & Sea (Myanmar) Limited Myanmar 100.0%DSV Air and Sea Pakistan Pakistan 100.0%(SMC-Private) LimitedAsia (continued)DSV SOLUTIONS (PRIVATE) LIMITED Pakistan 100.0%DSV Air & Sea Limited Papua 100.0%New GuineaPanalpina Global Business Services Philippines 100.0%(GBS) - PhilippinesDSV International Shared Philippines 100.0%Services Inc.DSV Air & Sea Inc. Philippines 100.0%GIL Holding Co Inc. Philippines 100.0%GIL Logistics Holding Inc. Philippines 100.0%GIL International Logistics Inc. Philippines 100.0%DSV Logistics Solutions Philippines 100.0%Philippines, Inc.Panalpina World Transport Philippines 100.0%(Philippines) Inc.DSV Global Solutions Inc. Philippines 100.0%GIL Logistics Distribution Inc. Philippines 100.0%Agility Logistics Holdings Pte Ltd Singapore 100.0%Agility Logistics Holdings (S) Pte. Ltd. Singapore 100.0%DSV Singapore Real Estate Singapore 100.0%Holding Pte. Ltd.Agility International Logistics Singapore 100.0%Pte. Ltd.China Baisui Logistics Pte Ltd Singapore 100.0%DSV Solutions Pte Ltd. Singapore 100.0%DSV Air & Sea Singapore Pte. Ltd. Singapore 100.0%DSV Inventory Management Singapore 100.0%Solutions Pte. LtdUTi Pership (Pvt) Limited Sri Lanka 51.0%DSV Pership (Private) Limited Sri Lanka 40.0%DSV Air & Sea Co., Ltd. Taiwan 100.0%Asia (continued)DSV Air & Sea (Taiwan) Ltd. Taiwan 100.0%DSV Solutions Co., Ltd. Taiwan 100.0%Panalpina Asia-Pacific Services Thailand 100.0%(Thailand) Ltd.Supreme Eliga Co. Ltd. Thailand 100.0%GIL Air & Sea (Thailand) Co., Ltd. Thailand 100.0%DSV Solutions Ltd. Thailand 100.0%DSV Holding (Thailand) Co., Ltd. Thailand 100.0%Panalpina World Transport Thailand 100.0%(Thailand) Ltd.DSV Air & Sea Ltd. Thailand 100.0%DSV Air & Sea Company Limited Viet Nam 99.0%DSV Solutions Co., Ltd Viet Nam 100.0%Agility Logistics Vietnam Viet Nam 100.0%Company LtdAgility Ltd Viet Nam 71.0%DSV Air & Sea Vietnam Limited Viet Nam 100.0%Inventory Management Viet Nam 100.0%Solutions Vietnam LimitedMiddle EastAgility Logistics Limited Afghanistan 100.0%DSV AIR & SEA W.L.L. Bahrain 100.0%Panalpina Central Asia EC Bahrain 100.0%DSV Solutions B.S.C Closed Bahrain 100.0%Al-Alb Co. for General Iraq 100.0%Transportation (PLLC)Agility Kurdistan Company for Iraq 67.5%Administration of Warehouses and Facilitate Storage Process LimitedMiddle East (continued)The Warehousing Company for Iraq 100.0%Shipping, Discharging and Custom Clearance LLCDSV Air & Sea Ltd. Israel 100.0%DSV Marine Insurance Agency Ltd. Israel 100.0%DSV - E-COMMERCE LTD. Israel 100.0%DSV Solutions Ltd Israel 100.0%U.T.I.-Inventory Management Israel 100.0%Solutions Limited partnershipUTI IMS Ltd. Israel 100.0%DSV Air & Sea Jordan Jordan 100.0%Public warehousing Company Jordan 100.0%-Jordan PSCPublic Warehousing Company for Jordan 100.0%Storage and Distribution ServicesPublic warehousing Company Jordan 100.0%-Jordan PSC - Aqaba BranchDSV Holding for Company Kuwait 100.0%Business Management W.L.LGlobal Logistics for General Kuwait 100.0%Trading and Contracting Co. WLLDSV Air & Sea Co. W.L.L. Kuwait 49.0%DSV A&S for Shipping and Kuwait 100.0%Transport W.L.LDSV Solutions for Warehousing Kuwait 100.0%and Third Party Inventory Man-agement Co. S.P.CGIL Logistics Cargo Transport W.L.L Kuwait 100.0%Agility Freight Forwarding Lebanon 100.0%(Lebanon) SARLPWC Trading and contracting Lebanon 100.0%Lebanon SAL (Holding)PWC Lebanon (Holding) SAL Lebanon 100.0%Middle East (continued)PWC investments (Lebanon) SARL Lebanon 100.0%DSV Air and Sea LLC Oman 70.0%Global Logistics (Oman) LLC Oman 50.0%DSV Air and Sea Shipping WLL Qatar 49.0%DSV Panalpina Marine Qatar 100.0%Shipping W.L.L.DSV Air and Sea for Logistics Saudi Arabia 100.0%Services CompanyDSV Solutions for Logistics Saudi Arabia 100.0%Services CompanyGIL INTERNATIONAL HOLDINGS I United Arab 100.0%LIMITEDEmiratesGIL INTERNATIONAL HOLDINGS II United Arab 100.0%LIMITEDEmiratesGIL INTERNATIONAL HOLDINGS III United Arab 100.0%LIMITEDEmiratesDSV Air & Sea (LLC) United Arab 100.0%EmiratesDSV Solutions DWC-LLC United Arab 100.0%EmiratesPanalpina Jebel Ali Ltd. United Arab 100.0%EmiratesDSV Gulf Customs Broker LLC United Arab 49.0%EmiratesDSV Air and Sea DWC-LLC United Arab 100.0%EmiratesDSV Air and Sea Middle East United Arab 100.0%DWC-LLCEmiratesDSV Solutions PJSC United Arab 49.0%EmiratesDSV Solutions L.L.C. United Arab 100.0%EmiratesDSV Solutions MENA FZE United Arab 100.0%EmiratesMiddle East (continued)DSV Solutions - FZE United Arab 100.0%EmiratesG T M E Logistics LLC United Arab 100.0%EmiratesOceaniaDSV Air & Sea Pty. Ltd. Australia 100.0%DSV Solutions Pty. Ltd. Australia 100.0%A.C.N. 116 779 876 PTY LTD Australia 100.0%A.C.N. 004 265 721 PTY LTD Australia 100.0%A.C.N. 007 430 935 PTY LTD Australia 100.0%A.C.N. 078 189 296 PTY LTD Australia 100.0%A.C.N. 082 751 460 PTY LTD Australia 100.0%A.C.N. 144 885 156 PTY LTD Australia 100.0%DSV Air & Sea Limited New Zealand 100.0%AfricaAgility Maghreb Sarl Algeria 49.0%Agility Logistics SARL Algeria 100.0%Frans Maas Algerie S.a.r.l. Algeria 100.0%Panalpina Transportes Mundiais Angola 52.0%Naveg\u00e3\u00e7ao e Tr\u00e2nsitos S.A.R.L.Global Integrated Logistics Lda Angola 100.0%DSV Air & Sea (PTY) Limited Botswana 100.0%Panalpina Transports Mondiaux Cameroon 90.0%Cameroun S.A.R.L.DSV-UTI Egypt Ltd. Egypt 100.0%Panalpina World Transport Egypt LLC Egypt 100.0%GIL Egypt Limited Liability Company Egypt 100.0%DSV Solutions S.A.E. Egypt 100.0%Africa (continued)Global Options Worldwide Express Eswatini 100.0%Investments (Pty) LtdPanalpina Transports Mondiaux Gabon 89.8%Gabon S.A.DSV Air & Sea Limited Kenya 100.0%Panalpina Kenya Ltd. Kenya 100.0%GIL Africa Holdings Ltd Mauritius 100.0%Panalpina Morocco S.A.R.L. Morocco 100.0%Global Integrated Logistics Morocco 100.0%Company SARL AUDSV Transport Int'l S.A Morocco 100.0%DSV Air & Sea Limitada Mozambique 100.0%GIL Mozambique, LDA Mozambique 100.0%Globeflight Worldwide Express Namibia 100.0%(Pty) LtdDSV Freight International Limited Nigeria 100.0%DSV Air and Sea South Africa 100.0%(Proprietary) LimitedDSV South Africa (Pty) Ltd. South Africa 75.0%DSV Shared Services (Pty) Ltd. South Africa 100.0%UTi Logistics (Proprietary) South Africa 100.0%Limited - SC OCS DivisionDSV AFRICA HOLDING (Pty) Ltd. South Africa 100.0%DSV Skyservices (Pty) Ltd South Africa 100.0%Scorpion Share Block (Pty) Ltd. South Africa 100.0%DSV Real Estate Johannesburg South Africa 100.0%(Pty) Ltd.Firefly Investments 337 Properties South Africa 100.0%Proprietary LimitedLinkit lnvestments (Pty) Ltd. South Africa 80.0%GIL South Africa 1 (Pty) Ltd South Africa 100.0%DSV Healthcare (Pty) Ltd. South Africa 100.0%Africa (continued)DSV Solutions (Pty) Ltd. South Africa 100.0%DSV Assembly Services (Pty) Ltd. South Africa 65.3%DSV Mounties (Pty) Ltd. South Africa 100.0%DSV Road (Pty) Ltd. South Africa 100.0%Globeflight Worldwide Express South Africa 100.0%(SA) Pty LtdMercury Couriers (Pty) Ltd South Africa 100.0%DSV Air & Sea Limited Uganda 100.0%Agility Logistics Limited Uganda 100.0%DSV Air & Sea Limited Zambia 100.0%DSV Air & Sea (Private) Limited Zimbabwe 100.0%AssociatesTrans-Link Cambodia Ltd Cambodia 49.0%GT Stevedores Oy Finland 25.5%KM Logistik GmbH Germany 35.0%IDS Logistik GmbH Germany 28.0%AEP Logistics Properties Venlo B.V. Netherlands 30.0%Tristar Transport (Private) Limited Pakistan 50.0%ATS Air Transport Service AG Switzerland 48.0%Polymer Logistics United Arab 36.5%Investments LLCEmiratesKey Logistics, Inc. United States 49.0%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__160": {
"value": "Group company overviewThe overview below is a list of companies in the DSV Group at 31 December 2023 showing the companies by segment and not by legal structure.Air & Sea Road Solutions GroupActivity:Ownership Company Countryshare ActivityParentDSV A/S DenmarkSubsidiariesEuropeDSV Andorra, SLU Andorra 100.0%DSV Air & Sea GmbH Austria 100.0%GIL Austria GmbH in Liquidation Austria 100.0%DSV Road GmbH Austria 100.0%Panalpina Central Asia EC Azerbaijan 100.0%- Azerbaijan BranchDSV Air & Sea NV Belgium 100.0%Panalpina World Transport N.V. Belgium 100.0%AD Handling NV Belgium 100.0%ABX Worldwide Holdings NV/SA Belgium 100.0%DSV Road Holding NV Belgium 100.0%Europe (continued)DSV Air & Sea Belgium NV Belgium 100.0%DSV Solutions N.V. Belgium 100.0%DSV Logistics N.V. Belgium 100.0%DSV Road N.V. Belgium 100.0%MCI Brokers N.V. Belgium 99.9%DSV Real Estate Ghent NV Belgium 100.0%DSV Air & Sea EOOD Bulgaria 100.0%DSV Road EOOD Bulgaria 100.0%DSV Hrvatska d.o.o. Croatia 100.0%DSV Air & Sea s.r.o. Czech Republic 100.0%Panalpina Czech S.R.O. Czech Republic 100.0%GIL Czech Republic s.r.o. Czech Republic 100.0%DSV Air & Sea Czech Republic s.r.o. Czech Republic 100.0%DSV Solutions s.r.o. Czech Republic 100.0%DSV Road a.s. Czech Republic 100.0%DSV Insurance A/S Denmark 100.0%DSV Group Services A/S Denmark 100.0%DSV FS A/S Denmark 100.0%Anpartselskabet af 25. januar 2017 Denmark 100.0%DSV Real Estate Ringsted A/S Denmark 100.0%DSV Air & Sea Holding A/S Denmark 100.0%DSV Air & Sea A/S Denmark 100.0%DSV Ocean Transport A/S Denmark 100.0%PC KH ApS Denmark 100.0%DSV Air & Sea Denmark ApS Denmark 100.0%DSV Solutions Holding A/S Denmark 100.0%DSV Solutions A/S Denmark 100.0%DSV Real Estate Duisburg A/S Denmark 100.0%DSV Road Holding A/S Denmark 100.0%Europe (continued)DSV Road A/S Denmark 100.0%DSV Real Estate Horsens A/S Denmark 100.0%DSV Real Estate Hedeland 5 A/S Denmark 100.0%DSV Road Services A/S Denmark 100.0%DSV Real Estate Oem A/S Denmark 100.0%DSV Estonia AS Estonia 100.0%DSV Air & Sea Oy Finland 100.0%DSV Solutions Oy Finland 100.0%DSV Road Oy Finland 100.0%DSV Air & Sea SAS France 100.0%DSV International Air & Sea France France 100.0%DSV Solutions SAS France 100.0%DSV Road Holding S.A. France 100.0%DSV Road SAS France 100.0%Panalpina Georgia LLC Georgia 100.0%DSV Group Services GmbH Germany 100.0%DSV Air & Sea Germany GmbH Germany 100.0%DSV Air & Sea Deutschland GmbH Germany 100.0%DSV Real Estate Duisburg A/S Germany 100.0%- German BranchDSV Solutions Group GmbH Germany 100.0%DSV Solutions GmbH Germany 100.0%DSV Stuttgart GmbH & Co. KG Germany 100.0%DSV Stuttgart Verwaltung GmbH Germany 100.0%DSV Road GmbH Germany 100.0%DSV Services GmbH Germany 100.0%DSV Air & Sea Single Member S.A. Greece 100.0%DSV Road Single Member S.A. Greece 100.0%DSV Air & Sea Hungary Kft. Hungary 100.0%Europe (continued)DSV Solutions Hungary Kft. Hungary 100.0%DSV Hungaria Kft. Hungary 100.0%DSV Real Estate Hungary Kft. Hungary 100.0%DSV Air & Sea Limited Ireland 100.0%Panalpina World Transport (Ireland) Ltd. Ireland 100.0%DSV GIL Ireland Limited Ireland 100.0%LEP Shannon Ltd. Ireland 100.0%DSV Air & Sea (Ireland) Limited Ireland 100.0%DSV Solutions Ltd. Ireland 100.0%UTI Inventory Management Ireland 100.0%Solutions LimitedDSV Road Limited Ireland 100.0%DSV S.p.A. Italy 100.0%Panalpina Trasporti Mondiali S.p.A. Italy 100.0%DSV Real Estate S.p.A. Italy 89.8%UTi Italy SrL Italy 100.0%DSV Air & Sea Italy S.r.l. Italy 100.0%DSV Solutions S.R.L. Italy 100.0%DSV Real Estate Novara S.r.l. Italy 66.0%DSV Real Estate Modena S.r.l. Italy 100.0%DSV Road S.R.L. Italy 100.0%DSV Verona S.r.l. Italy 100.0%GIL Kazakhstan LLP Kazakhstan 100.0%DSV Latvia SIA Latvia 100.0%DSV Lithuania UAB Lithuania 100.0%DSV Air Services Luxembourg 100.0%DSV Lead Logistics B.V. Netherlands 100.0%Agility Logistics International BV Netherlands 100.0%GeoLogistics European Holdings B.V. Netherlands 100.0%Europe (continued)Telmidas AMS B.V. Netherlands 100.0%TransOceanic Holdings BV Netherlands 100.0%DSV Finance B.V. Netherlands 100.0%African Investments BV Netherlands 100.0%UTi (Netherlands) Holdings BV Netherlands 100.0%DSV Air & Sea Nederland B.V. Netherlands 100.0%DSV Shared Services B.V. Netherlands 100.0%DSV Solutions Holding B.V. Netherlands 100.0%DSV Solutions Nederland B.V. Netherlands 100.0%IMS Holdings BV Netherlands 100.0%DSV Solutions (Moerdijk) B.V. Netherlands 100.0%DSV Real Estate Dallas Holding B.V. Netherlands 100.0%DSV Real Estate Maastricht B.V. Netherlands 100.0%DSV Real Estate Moerdijk B.V. Netherlands 100.0%DSV Moerdijk Project B.V. Netherlands 100.0%DSV Road Holding N.V. Netherlands 100.0%DSV Road B.V. Netherlands 100.0%DSV Real Estate Eindhoven B.V. Netherlands 100.0%DSV ROAD DOOEL Skopje North Macedonia 100.0%DSV Air & Sea AS Norway 100.0%Panalpina AS Norway 100.0%GIL Norway AS Norway 100.0%DSV Solutions AS Norway 100.0%DSV Road AS Norway 100.0%DSV International Shared Poland 100.0%Services Sp. z o.o.DSV Real Estate Warsaw II Sp. z o.o. Poland 100.0%DSV Air & Sea Sp. z o.o. Poland 100.0%Panalpina Polska Sp. z o.o. Poland 100.0%Europe (continued)GIL POLAND Sp. z o.o. Poland 100.0%DSV Air & Sea Poland Sp. z o.o. Poland 100.0%DSV Services Sp. z o.o. Poland 100.0%DSV Road Sp. z o.o. Poland 100.0%DSV Solutions Sp. z o.o. Poland 100.0%DSV Real Estate Lodz Sp. z o.o. Poland 100.0%DSV Group Services Unipessoal, Lda Portugal 100.0%DSV Air & Sea Portugal, LDA Portugal 100.0%DSV Solutions, Lda. Portugal 100.0%DSV SGPS, Lda. Portugal 100.0%DSV Transitarios, Lda. Portugal 100.0%DSV Air & Sea SRL Romania 100.0%GIL AIR&SEA S.R.L. Romania 100.0%DSV Solutions S.R.L. Romania 100.0%DSV Road S.R.L. Romania 100.0%DSV Road d.o.o. Serbia 100.0%DSV Solutions Slovakia s. r. o. Slovakia 100.0%DSV Air & Sea Slovakia s.r.o. Slovakia 100.0%DSV Real Estate Bratislava s.r.o. Slovakia 100.0%DSV Slovakia, s.r.o. Slovakia 100.0%DSV Transport d.o.o. Slovenia 100.0%DSV Air & Sea d.o.o. Slovenia 100.0%Tacisa Transitaria S.L. Spain 100.0%DSV Air & Sea International, S.L.U. Spain 100.0%DSV Solutions Spain S.A.U. Spain 100.0%Servicios Logisticos Integrados SLI, S.A. Spain 100.0%DSV Road Spain S.A.U. Spain 100.0%DSV Holding Spain S.L. Spain 100.0%DSV Air & Sea, S.A.U. Spain 100.0%Europe (continued)DSV REAL ESTATE LA BISBAL S.L. Spain 100.0%DSV Air & Sea AB Sweden 100.0%DSV Air & Sea Nordic AB Sweden 100.0%Agility AB Sweden 100.0%DSV Solutions AB Sweden 100.0%DSV Real Estate Landskrona 2 AB Sweden 100.0%DSV Real Estate Helsingborg AB Sweden 100.0%DSV Group AB Sweden 100.0%DSV Road AB Sweden 100.0%G\u00f6inge Frakt EK Sweden 100.0%DSV Road Property Holding AB Sweden 100.0%GIL Switzerland 4 AG Switzerland 100.0%Panalpina Welttransport Holding AG Switzerland 100.0%DSV Corporate Services AG Switzerland 100.0%Panalpina International AG Switzerland 100.0%DSV Air & Sea AG Switzerland 100.0%GIL Switzerland 2 AG Switzerland 100.0%DSV Logistics S.A. Switzerland 100.0%DSV Air & Sea A.S. T\u00fcrkiye 100.0%DSV International Hava ve T\u00fcrkiye 100.0%Deniz Ta\u015fimacili\u011fi Ltd.\u015eirketiDSV Road & Solutions A.S. T\u00fcrkiye 100.0%Panalpina World Transport Ltd. Ukraine 100.0%DSV Logistics LLC Ukraine 100.0%Agility Logistics LLC Ukraine 100.0%DSV GIL Holding Limited United Kingdom 100.0%DSV Air & Sea Limited United Kingdom 100.0%Panalpina World Transport Ltd. United Kingdom 100.0%DSV GIL UK Limited United Kingdom 100.0%Europe (continued)DSV GIL Fairs & Events Limited United Kingdom 100.0%DSV GIL Pension Trustees Limited United Kingdom 100.0%DSV Air & Sea 2018 (UK) Limited United Kingdom 100.0%DSV Lead Logistics Limited United Kingdom 100.0%DSV GIL Solutions Limited United Kingdom 100.0%DSV GIL Management Limited United Kingdom 100.0%DSV Real Estate Thrapston Limited United Kingdom 100.0%DSV Road Holding Ltd. United Kingdom 100.0%DSV Commercials Ltd. United Kingdom 100.0%DSV Road Ltd. United Kingdom 100.0%Global Options Worldwide Express (Ltd) United Kingdom 100.0%DSV Pension Trustees Ltd. United Kingdom 100.0%DSV Solutions Ltd. United Kingdom 100.0%DFDS Transport Ltd. United Kingdom 100.0%DSV Real Estate Tamworth Ltd. United Kingdom 100.0%G T Exhibitions Limited United Kingdom 100.0%North AmericaDSV Air & Sea Inc. Canada 100.0%DSV Solutions Inc. Canada 100.0%DSV Road, Inc. Canada 100.0%DSV Air & Sea, S.A. de C.V. Mexico 100.0%DSV International Shared Mexico 100.0%Services S.A. de C.V.TransOceanic Shipping Co. S. Mexico 100.0%de RL de C.V.DSV Solutions S.A. de C.V. Mexico 100.0%DSV Road, S.A. de C.V. Mexico 100.0%DSV 4PL Inc. United States 100.0%DSV Air & Sea Holding Inc. United States 100.0%North America (continued)DSV Air & Sea Inc. United States 100.0%DSV Air & Sea International United States 100.0%Holding Inc.DSV Solutions, LLC United States 100.0%DSV Inventory Management United States 100.0%Solutions Inc.DSV Real Estate Dallas Inc. United States 100.0%Market Industries LLC United States 100.0%DSV Road Transport, Inc. United States 100.0%DSV Road, Inc. United States 100.0%DSV US Property Holding, Inc. United States 100.0%DSV Real Estate Los Angeles, LLC United States 100.0%DSV Real Estate Phoenix, LLC United States 100.0%DSV Real Estate New Jersey, LLC United States 100.0%DSV Real Estate Chicago, LLC United States 100.0%DSV Real Estate New Albany, LLC United States 100.0%DSV Real Estate Pharr, LLC United States 100.0%DSV Real Estate Atlanta, LLC United States 100.0%South AmericaUTi Logistics Argentina S.A. Argentina 100.0%DSV Air & Sea S.A. Argentina 100.0%GeoLogistics Holdings Bermuda 100.0%(Bermuda) LimitedDSV Solutions Brasil Servi\u00e7os Brazil 100.0%de Log\u00edstica Ltda.DSV Air & Sea Brasil Ltda. Brazil 100.0%UTi Worldwide Inc. Brit. Virgin Islands 100.0%UTi Logistics (Proprietary) Limited Brit. Virgin Islands 100.0%Thomas International Freight Brit. Virgin Islands 100.0%Auditors LimitedSouth America (continued)UTi Kazakhstan Investments Ltd Brit. Virgin Islands 100.0%Agility (Asia/Pacific) Limited Brit. Virgin Islands 100.0%PWC Global Logistics Holdings Ltd Brit. Virgin Islands 100.0%DSV Air & Sea (Latin America) Chile 100.0%Holding S.A.DSV Air & Sea S.A. Chile 100.0%Agility Logistics Corp. Holding SpA Chile 100.0%Agility Logistics Chile SA Chile 100.0%DSV Air & Sea S.A.S. Colombia 100.0%AGENCIA DE ADUANAS DSV Colombia 100.0%S.A.S. NIVEL 1DSV Solutions S.A.S. Colombia 100.0%DSV Solutions Zona Franca SAS Colombia 100.0%DSV Air & Sea S.A. Costa Rica 100.0%DSV AIR & SEA DOMINICANA, Dominican 100.0%S.R.L.RepublicDSV-AIR&SEA S.A. Ecuador 100.0%DSV Air & Sea, S.A. de C.V. El Salvador 100.0%DSV Air & Sea PA Inc. Panama 100.0%Panalpina SEM, S.A. Panama 100.0%Panalpina S.A. Panama 100.0%Almacenadora Mercantil S.A. Panama 100.0%DSV Air & Sea S.A. Peru 100.0%Agility Logistics Peru S.A. Peru 100.0%DSV Air & Sea (PR) Inc. Puerto Rico 100.0%Arabella Shipping LtdSaint Vincent And 100.0%The GrenadinesDSV Air & Sea Uruguay Uruguay 100.0%- Servicios Logisticos SADSV Air & Sea Uruguay S.A. Uruguay 100.0%AsiaDSV Air & Sea Ltd. Bangladesh 100.0%Agility Ltd. Bangladesh 100.0%DSV Air & Sea (Cambodia) Co., Ltd. Cambodia 100.0%Prime Cargo (Cambodia) Co., Ltd. Cambodia 100.0%GIL Integration 1 (Cambodia) Co., Ltd. Cambodia 100.0%DSV Air & Sea Co., Ltd. Cambodia 100.0%UTi Worldwide Co. Ltd. Cambodia 100.0%- Cambodia Branch (USD)DSV Air & Sea Co., Ltd. China 100.0%DSV Air & Sea Co., Ltd. (China) China 100.0%Baisui United Logistics China 100.0%(Shanghai) Co. Ltd.Agility Logistics (Shanghai) Limited China 100.0%DSV Logistics Co., Ltd. China 100.0%Panalpina World Transport (PRC) Ltd. China 100.0%Zhejiang DSV supply chain China 100.0%management CO.,LTDDSV Solutions Co., Ltd. China 100.0%DSV Logistics (Nanjing) Co., Ltd. China 100.0%DSV Air & Sea Ltd. Hong Kong 100.0%Pantainer (H.K.) Ltd. Hong Kong 100.0%Agility Logistics Limited Hong Kong 100.0%ECT Transport Limited Hong Kong 100.0%DSV Solutions Limited Hong Kong 100.0%DSV Air & Sea (HK) Ltd. Hong Kong 100.0%Panalpina China Ltd. Hong Kong 100.0%DSV Air & Sea Pvt. Ltd. India 100.0%DSV Air & Sea International India 100.0%Private LimitedDSV Coload & Clearance Pvt. Ltd. India 100.0%Asia (continued)DSV Solutions Private Limited India 100.0%PT. DSV Transport Indonesia Indonesia 100.0%PT GIL Solusi Indonesia Indonesia 100.0%PT DSV Solutions Indonesia Indonesia 100.0%PT Synergy Indonesia Indonesia 100.0%PT Sarana Prima Optima Indonesia 100.0%DSV Air & Sea Japan GK Japan 100.0%DSV Air & Sea Co., Ltd. Japan 100.0%DSV Solutions Co., Ltd. Japan 100.0%DSV Air & Sea Ltd. Korea 100.0%DSV Solutions Ltd. Korea 100.0%DSV Air & Sea International Ltd. Korea 100.0%DSV Air and Sea Limited Macao 100.0%DSV Air & Sea Sdn. Bhd. Malaysia 100.0%Panalpina Customs Services Malaysia 100.0%(M) SDN BHDLitvest Corporation Sdn Bhd Malaysia 100.0%DSV Solutions (DC) Sdn. Bhd. Malaysia 100.0%GOCT Logistics Sdn Bhd Malaysia 100.0%DSV Shared Services Asia Sdn Bhd Malaysia 100.0%DSV Solutions (Management) Sdn. Bhd. Malaysia 100.0%DSV Logistics Sdn. Bhd. Malaysia 100.0%DSV STATIONARY SDN. BHD. Malaysia 100.0%Panalpina Transport Malaysia 100.0%(Malaysia) Sdn. Bhd.DSV Inventory Management Malaysia 100.0%Solutions Sdn. Bhd.DSV Air & Sea (Myanmar) Limited Myanmar 100.0%DSV Air and Sea Pakistan Pakistan 100.0%(SMC-Private) LimitedAsia (continued)DSV SOLUTIONS (PRIVATE) LIMITED Pakistan 100.0%DSV Air & Sea Limited Papua 100.0%New GuineaPanalpina Global Business Services Philippines 100.0%(GBS) - PhilippinesDSV International Shared Philippines 100.0%Services Inc.DSV Air & Sea Inc. Philippines 100.0%GIL Holding Co Inc. Philippines 100.0%GIL Logistics Holding Inc. Philippines 100.0%GIL International Logistics Inc. Philippines 100.0%DSV Logistics Solutions Philippines 100.0%Philippines, Inc.Panalpina World Transport Philippines 100.0%(Philippines) Inc.DSV Global Solutions Inc. Philippines 100.0%GIL Logistics Distribution Inc. Philippines 100.0%Agility Logistics Holdings Pte Ltd Singapore 100.0%Agility Logistics Holdings (S) Pte. Ltd. Singapore 100.0%DSV Singapore Real Estate Singapore 100.0%Holding Pte. Ltd.Agility International Logistics Singapore 100.0%Pte. Ltd.China Baisui Logistics Pte Ltd Singapore 100.0%DSV Solutions Pte Ltd. Singapore 100.0%DSV Air & Sea Singapore Pte. Ltd. Singapore 100.0%DSV Inventory Management Singapore 100.0%Solutions Pte. LtdUTi Pership (Pvt) Limited Sri Lanka 51.0%DSV Pership (Private) Limited Sri Lanka 40.0%DSV Air & Sea Co., Ltd. Taiwan 100.0%Asia (continued)DSV Air & Sea (Taiwan) Ltd. Taiwan 100.0%DSV Solutions Co., Ltd. Taiwan 100.0%Panalpina Asia-Pacific Services Thailand 100.0%(Thailand) Ltd.Supreme Eliga Co. Ltd. Thailand 100.0%GIL Air & Sea (Thailand) Co., Ltd. Thailand 100.0%DSV Solutions Ltd. Thailand 100.0%DSV Holding (Thailand) Co., Ltd. Thailand 100.0%Panalpina World Transport Thailand 100.0%(Thailand) Ltd.DSV Air & Sea Ltd. Thailand 100.0%DSV Air & Sea Company Limited Viet Nam 99.0%DSV Solutions Co., Ltd Viet Nam 100.0%Agility Logistics Vietnam Viet Nam 100.0%Company LtdAgility Ltd Viet Nam 71.0%DSV Air & Sea Vietnam Limited Viet Nam 100.0%Inventory Management Viet Nam 100.0%Solutions Vietnam LimitedMiddle EastAgility Logistics Limited Afghanistan 100.0%DSV AIR & SEA W.L.L. Bahrain 100.0%Panalpina Central Asia EC Bahrain 100.0%DSV Solutions B.S.C Closed Bahrain 100.0%Al-Alb Co. for General Iraq 100.0%Transportation (PLLC)Agility Kurdistan Company for Iraq 67.5%Administration of Warehouses and Facilitate Storage Process LimitedMiddle East (continued)The Warehousing Company for Iraq 100.0%Shipping, Discharging and Custom Clearance LLCDSV Air & Sea Ltd. Israel 100.0%DSV Marine Insurance Agency Ltd. Israel 100.0%DSV - E-COMMERCE LTD. Israel 100.0%DSV Solutions Ltd Israel 100.0%U.T.I.-Inventory Management Israel 100.0%Solutions Limited partnershipUTI IMS Ltd. Israel 100.0%DSV Air & Sea Jordan Jordan 100.0%Public warehousing Company Jordan 100.0%-Jordan PSCPublic Warehousing Company for Jordan 100.0%Storage and Distribution ServicesPublic warehousing Company Jordan 100.0%-Jordan PSC - Aqaba BranchDSV Holding for Company Kuwait 100.0%Business Management W.L.LGlobal Logistics for General Kuwait 100.0%Trading and Contracting Co. WLLDSV Air & Sea Co. W.L.L. Kuwait 49.0%DSV A&S for Shipping and Kuwait 100.0%Transport W.L.LDSV Solutions for Warehousing Kuwait 100.0%and Third Party Inventory Man-agement Co. S.P.CGIL Logistics Cargo Transport W.L.L Kuwait 100.0%Agility Freight Forwarding Lebanon 100.0%(Lebanon) SARLPWC Trading and contracting Lebanon 100.0%Lebanon SAL (Holding)PWC Lebanon (Holding) SAL Lebanon 100.0%Middle East (continued)PWC investments (Lebanon) SARL Lebanon 100.0%DSV Air and Sea LLC Oman 70.0%Global Logistics (Oman) LLC Oman 50.0%DSV Air and Sea Shipping WLL Qatar 49.0%DSV Panalpina Marine Qatar 100.0%Shipping W.L.L.DSV Air and Sea for Logistics Saudi Arabia 100.0%Services CompanyDSV Solutions for Logistics Saudi Arabia 100.0%Services CompanyGIL INTERNATIONAL HOLDINGS I United Arab 100.0%LIMITEDEmiratesGIL INTERNATIONAL HOLDINGS II United Arab 100.0%LIMITEDEmiratesGIL INTERNATIONAL HOLDINGS III United Arab 100.0%LIMITEDEmiratesDSV Air & Sea (LLC) United Arab 100.0%EmiratesDSV Solutions DWC-LLC United Arab 100.0%EmiratesPanalpina Jebel Ali Ltd. United Arab 100.0%EmiratesDSV Gulf Customs Broker LLC United Arab 49.0%EmiratesDSV Air and Sea DWC-LLC United Arab 100.0%EmiratesDSV Air and Sea Middle East United Arab 100.0%DWC-LLCEmiratesDSV Solutions PJSC United Arab 49.0%EmiratesDSV Solutions L.L.C. United Arab 100.0%EmiratesDSV Solutions MENA FZE United Arab 100.0%EmiratesMiddle East (continued)DSV Solutions - FZE United Arab 100.0%EmiratesG T M E Logistics LLC United Arab 100.0%EmiratesOceaniaDSV Air & Sea Pty. Ltd. Australia 100.0%DSV Solutions Pty. Ltd. Australia 100.0%A.C.N. 116 779 876 PTY LTD Australia 100.0%A.C.N. 004 265 721 PTY LTD Australia 100.0%A.C.N. 007 430 935 PTY LTD Australia 100.0%A.C.N. 078 189 296 PTY LTD Australia 100.0%A.C.N. 082 751 460 PTY LTD Australia 100.0%A.C.N. 144 885 156 PTY LTD Australia 100.0%DSV Air & Sea Limited New Zealand 100.0%AfricaAgility Maghreb Sarl Algeria 49.0%Agility Logistics SARL Algeria 100.0%Frans Maas Algerie S.a.r.l. Algeria 100.0%Panalpina Transportes Mundiais Angola 52.0%Naveg\u00e3\u00e7ao e Tr\u00e2nsitos S.A.R.L.Global Integrated Logistics Lda Angola 100.0%DSV Air & Sea (PTY) Limited Botswana 100.0%Panalpina Transports Mondiaux Cameroon 90.0%Cameroun S.A.R.L.DSV-UTI Egypt Ltd. Egypt 100.0%Panalpina World Transport Egypt LLC Egypt 100.0%GIL Egypt Limited Liability Company Egypt 100.0%DSV Solutions S.A.E. Egypt 100.0%Africa (continued)Global Options Worldwide Express Eswatini 100.0%Investments (Pty) LtdPanalpina Transports Mondiaux Gabon 89.8%Gabon S.A.DSV Air & Sea Limited Kenya 100.0%Panalpina Kenya Ltd. Kenya 100.0%GIL Africa Holdings Ltd Mauritius 100.0%Panalpina Morocco S.A.R.L. Morocco 100.0%Global Integrated Logistics Morocco 100.0%Company SARL AUDSV Transport Int'l S.A Morocco 100.0%DSV Air & Sea Limitada Mozambique 100.0%GIL Mozambique, LDA Mozambique 100.0%Globeflight Worldwide Express Namibia 100.0%(Pty) LtdDSV Freight International Limited Nigeria 100.0%DSV Air and Sea South Africa 100.0%(Proprietary) LimitedDSV South Africa (Pty) Ltd. South Africa 75.0%DSV Shared Services (Pty) Ltd. South Africa 100.0%UTi Logistics (Proprietary) South Africa 100.0%Limited - SC OCS DivisionDSV AFRICA HOLDING (Pty) Ltd. South Africa 100.0%DSV Skyservices (Pty) Ltd South Africa 100.0%Scorpion Share Block (Pty) Ltd. South Africa 100.0%DSV Real Estate Johannesburg South Africa 100.0%(Pty) Ltd.Firefly Investments 337 Properties South Africa 100.0%Proprietary LimitedLinkit lnvestments (Pty) Ltd. South Africa 80.0%GIL South Africa 1 (Pty) Ltd South Africa 100.0%DSV Healthcare (Pty) Ltd. South Africa 100.0%Africa (continued)DSV Solutions (Pty) Ltd. South Africa 100.0%DSV Assembly Services (Pty) Ltd. South Africa 65.3%DSV Mounties (Pty) Ltd. South Africa 100.0%DSV Road (Pty) Ltd. South Africa 100.0%Globeflight Worldwide Express South Africa 100.0%(SA) Pty LtdMercury Couriers (Pty) Ltd South Africa 100.0%DSV Air & Sea Limited Uganda 100.0%Agility Logistics Limited Uganda 100.0%DSV Air & Sea Limited Zambia 100.0%DSV Air & Sea (Private) Limited Zimbabwe 100.0%AssociatesTrans-Link Cambodia Ltd Cambodia 49.0%GT Stevedores Oy Finland 25.5%KM Logistik GmbH Germany 35.0%IDS Logistik GmbH Germany 28.0%AEP Logistics Properties Venlo B.V. Netherlands 30.0%Tristar Transport (Private) Limited Pakistan 50.0%ATS Air Transport Service AG Switzerland 48.0%Polymer Logistics United Arab 36.5%Investments LLCEmiratesKey Logistics, Inc. United States 49.0%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"s10_notesesefdkgaap__7__202": {
"value": "Hovedgaden 630",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:529900X41C0BSLK67H70",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
}
}
}