ROLLTECH A/S
ANNUAL REPORT
2024
The annual report has been presented and approved
at the company's annual general meeting
as on 10 April 2025
_________________________________
Dr. Alessandro Fenzi
Chairman
ROLLTECH A/S
Johs. E. Rasmussens Vej 12
DK-9800 Hjørring
Denmark
Phone:
Fax:
E-mail:
Internet:
CVR
-
no.:
VAT-no. (export):
VAT-no. (import):
+45 96 23 33 43
+45 96 23 33 11
info@rolltech.dk
www.rolltech.dk
78 32 25 19
DK 23 16 38 53
DK 78 32 25 19
Bank:
BIC / SWIFT:
Account (DKK):
Account (EUR):
IBAN (DKK):
IBAN (EUR):
Danske Bank
DABADKKK
4745-4745584454
4745-4745584462
DK69 30004745584454
DK47 30004745584462
1
CONTENTS
PAGE
COMPANY INFORMATION 2
MANAGEMENT'S STATEMENT 3
INDEPENDENT AUDITOR'S REPORT 4
MANAGEMENT'S REPORT 6
ACCOUNTING POLICIES 9
PROFIT AND LOSS ACCOUNT 13
BALANCE SHEET 14
CASH FLOW STATEMENT 16
STATEMENT OF CHANGES IN EQUITY 17
NOTES 18
2
COMPANY INFORMATION
The company ROLLTECH A/S
Johs. E. Rasmussens Vej 12
DK - 9800 Hjørring
Phone: (+45) 96 23 33 43
Fax: (+45) 96 23 33 11
Homepage: www.rolltech.dk
E-mail: info@rolltech.dk
CVR no.: 78 32 25 19
Founded: 1985
Registered office: Hjørring
Financial year: 1 January - 31 December
Parent company ALU-PRO Srl.
Via A. Einstein, 8
IT - 30033 Noale (VE)
Board of Directors Dr. Alessandro Fenzi (Chairman)
Marco Del Bianco
Lorenzo Brandolese
Executive Board Jesper Holm Thorstensen (Mgr. Director)
Auditors DELOITTE
STATSAUTORISERET REVISIONSPARTNERSELSKAB
Værkmestergade 2, 18.
DK - 8000 Aarhus C
Bankers DANSKE BANK
Finanscenter Nordjylland
Prinsensgade 11
DK - 9000 Aalborg
General Meeting The Annual General Meeting will be held on 10 April 2025
at the office of the company.
3
MANAGEMENT'S STATEMENT
The annual report is presented in accordance with the Danish Financial Statements Act.
We recommend the annual report for adoption at the Annual General Meeting.
Hjørring, 10 April 2025
Executive Board: Jesper Holm Thorstensen (Mgr. Director)
Board of Directors: Dr. Alessandro Fenzi (Chairman)
Marco Del Bianco Lorenzo Brandolese
The Board of Directors and the Executive Board have today considered and approved the annual report of
December 2024 and of the result of its operations and cash flows for the financial year 1 January - 31
We believe that the management commentary contains a fair review of the affairs and conditions referred to
4
INDEPENDENT AUDITOR'S REPORT
To the Shareholders of ROLLTECH A/S
Opinion
Basis of opinion
Management's responsibilities for the financial statements
Auditor's responsibilities for the audit of the financial statements
We conducted our audit in accordance with International Standards on Auditing (ISAs) and additional
requirements applicable in Denmark. Our responsibilities under those standards and requirements are further
described in the "Auditor’s responsibilities for the audit of the financial statements" section of this auditor’s
report. We are independent of the Entity in accordance with the International Ethics Standards Board for
Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional
ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in
accordance with these requirements and the IESBA Code. We believe that the audit evidence we have
accordance with the Danish Financial Statements Act, and for such internal control as Management
determines is necessary to enable the preparation of financial statements that are free from material
as a going concern, for disclosing, as applicable, matters related to going concern, and for using the going
concern basis of accounting in preparing the financial statements unless Management either intends to
We have audited the financial statements of ROLLTECH A/S for the financial year 01.01.2024 - 31.12.2024,
which comprise the income statement, balance sheet, statement of changes in equity, cash flow statement
and notes, including a summary of significant accounting policies. The financial statements are prepared in
and of the result of its operations and cash flows for the financial year 01.01.2024 - 31.12.2024 in accordance
from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAs and the additional requirements applicable in Denmark will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered material if,
individually or in the aggregate, they could reasonably be expected to influence the economic decisions of
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud
or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that
is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material
misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve
5
INDEPENDENT AUDITOR'S REPORT
Statement on the management commentary
Aarhus, 10 April 2025
DELOITTE
STATSAUTORISERET REVISIONSPARTNERSELSKAB
CVR no. 33 96 35 56
Henrik Vedel Peter Nørrevang
State Authorized Public Accountant State Authorized Public Accountant
MNE no.: 10052 MNE no.: 11706
• Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures in the notes, and whether the financial statements represent the underlying transactions
• Conclude on the appropriateness of Management’s use of the going concern basis of accounting in
preparing the financial statements, and, based on the audit evidence obtained, whether a material
uncertainty exists related to events or conditions that may cast significant doubt on the Entity’s ability
to continue as a going concern. If we conclude that a material uncertainty exists, we are required to
draw attention in our auditor’s report to the related disclosures in the financial statements or, if such
disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence
obtained up to the date of our auditor’s report. However, future events or conditions may cause the
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
In connection with our audit of the financial statements, our responsibility is to read the management
commentary and, in doing so, consider whether the management commentary is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwise appears to be materially
Moreover, it is our responsibility to consider whether the management commentary provides the information
Based on the work we have performed, we conclude that the management commentary is in accordance with
the financial statements and has been prepared in accordance with the requirements in the relevant law and
We communicate with those charged with governance regarding, among other matters, the planned scope
and timing of the audit and significant audit findings, including any significant deficiencies in internal control
6
MANAGEMENT'S REPORT
Financial highlights
(Amounts in t.EUR) 2024 2023 2022 2021 2020
Profit and loss account
Gross profit 10.997 15.380 13.126 13.356 12.610
Profit from primary operations 4.213 8.105 4.915 5.465 5.281
Profit from financial items 281 175 -30 -36 -43
Profit before taxation 4.494 8.280 4.885 5.429 5.238
Profit for the year 3.690 6.664 3.757 4.258 4.092
Balance
Total balance 27.982 30.294 26.849 24.643 24.888
Total equity 23.179 24.507 20.884 19.127 18.863
Investments in long-term assets 947 2.080 666 966 705
Cash flows
From operating activities 4.378 12.164 4.293 2.263 6.506
From investment activities -943 -1.214 -182 -961 -710
From financial activities -3.083 -11.904 -4.026 -4.332 -3.328
Change in cash liquidity 352 -954 85 -3.030 2.468
Cash liquidity, net as on 31 December 1.295 943 1.897 1.812 4.842
Employees
Average number of employees 78 90 96 92 83
Key figures in %
Rate of return 14,5 28,4 19,1 22,1 22,4
Solvency ratio 82,8 80,9 77,8 77,6 75,8
Return on equity 15,5 29,4 18,8 22,4 23,0
Financial highlights are defined and calculated in accordance with the current version of "Recommendations &
Ratios" issued by the CFA Society Denmark.
The financial highlights are calculated as follows:
Operating profit x 100
Average assets
Capital and reserves, 31.12 x 100
Liabilities 31.12
Ordinary profit after taxation x 100
Average equity
Rate of return
Solvency ratio
Return on equity
7
MANAGEMENT'S REPORT
Main activity
Development in activities and financial relations
Investments
Knowledge resources
Financial position
Development activities
The future
Particular risks
No events have occurred after the end of the accounting year, which might influence the financial position of
Therefore, the fluctuations of the prices of the raw materials have a particular influence of the profit of the
The main activity of the company is production and sale of spacer bars for isolating glass and sale of other
products for the isolating glass and window industry. The company has been DS/EN ISO 9000 certified
(quality management system) since 1994 and DS/EN ISO 50001 (energy management system) certified since
The profit for the year amounts to 3.690 t.EUR compared with 6.664 t.EUR in 2023. The company's profit was
lower than last year primarily due to decrease in other operating income and lower sales volume compared to
last year.
The company has in the financial year invested 947 t.EUR in intangible and tangible assets incl. assets under
The company's business base includes developing and delivering high-tech products, which places high
demands on knowledge resources regarding employees, business processes and production technology. In
order to keep up with these, it is imperative that the company can retain and recruit employees with a high
Of the total balance sheet of 27.982 t.EUR the capital and reserves amount to 23.179 t.EUR (83%) before
company's products and improvement of the production methods. The costs have been entered in the profit
8
MANAGEMENT'S REPORT
Environmental aspect
The company is environmentally concerned and works continuosly on reducing the environmental influence
The company collects waste materials and sells them for recycling, including steel, stainless steel, plastic,
The company is energy certified according to the DS/EN ISO 50001 system and is continuously working on
Further, we are also continuously working on mapping the carbon footprint for the company and setting goals
9
ACCOUNTING POLICIES
IN GENERAL
Conversion to foreign currency
PROFIT AND LOSS ACCOUNT
Gross profit
Revenue
Changes in inventories of finished goods and work in progress
Staff costs
Other operating income
Gross profit or loss comprises revenue, changes in inventories of finished goods and work in progress, own
Revenue from the sale of manufactured goods and goods for resale is recognised in the profit and loss
account when delivery is made and risk has passed to the buyer. Revenue is recognised net of VAT, duties
Changes in inventories of finished goods and work in progress comprise decreases or increases for the
financial year in inventories of finished goods and work in progress. This item includes ordinary writedowns
of such inventories. Changes in inventories of raw materials are included in costs of raw materials and
Staff costs comprise salaries and wages, and social security contributions, pension contributions, etc for entity
Other operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary
activities. In 2024, it constitutes gain from the sale of assets and salary reimbursement.
The annual report of ROLLTECH A/S for 2024 has been prepared in accordance with the provisions in the
Danish Financial Statements Act governing reporting class C enterprises (medium).
Accounting policies are changed for classifying certain items. The change in practice entails a change in
practice is assessed immaterial for the financial statements and has no effect on the profit for the year.
Comparative figures have been adjusted to reflect the changed accounting policies. Apart from the above
mentioned areas, the annual report has been prepared according to the same accounting policies as last
Transactions in foreign currencies are initially converted at the exchange rate on the date of the transaction.
Exchange differences arising between the exchange rate at the settlement date are recognized in the profit
Receivables and payables in foreign currencies are translated at the exchange. The difference between the
exchange rate at the time of the receivable or payable arose or was recognized in the latest annual statement
10
ACCOUNTING POLICIES
Other external expenses
Depreciation, amortisation and impairment losses
Financial profits and costs
Tax
BALANCE SHEET
Intangible and tangible assets
Cost comprises the purchase price and any costs directly attributable to the acquisition until the date when the
Where individual components of an item of property, plant and equipment have different useful lives, they are
The basis of depreciation, which is calculated as cost less any residual value, is depreciated on a straight-line
basis over the expected useful life (cf. note 3). Buildings acquired in 2014 and later are depreciated to
expected scrap value, all other tangible fixed assets are depreciated to zero. No fixed asset revaluation is
The basis of depreciation is based on the residual value of the asset and is reduced by impairment losses, if
any. The depreciation period and the residual value are determined at the time of acquisition and are
reassessed every year. Where the residual value exceeds the carrying amount of the asset, no further
Tax for the year comprises current tax for the year and changes in deferred tax for the year. The tax expense
relating to the profit/loss for the year is recognised in the income statement, and the tax expense relating to
IT software, land and buildings, plant and machinery and fixtures and fittings, tools and equipment are
Other external expenses include expenses relating to the Entity’s ordinary activities, including expenses for
Depreciation, amortisation and impairment losses relating to property, plant and equipment and intangible
assets comprise depreciation, amortisation and impairment losses for the financial year, and gains and
Financial income and costs comprise interest income and expences on bank deposits and credits, including
11
ACCOUNTING POLICIES
Impairment of non-current assets
Inventories
Receivables
Cash liquidity
Equity
Deferred tax
Deferred tax is recognised on all temporary differences between the carrying amount and the tax-based value
of assets and liabilities, for which the tax-based value is calculated based on the planned use of each asset.
However, no deferred tax is recognised for amortisation of goodwill disallowed for tax purposes and
Dividend proposed for the year is recognised as a liability at the date when they are adopted at the annual
general meeting (declaration date). Dividend expected to be distributed for the financial year is presented
Inventories are measured at cost using the FIFO method. If the net realisable value is lower than cost, the
value is written down to the lower value.
Cost of commodities and raw materials comprising purchase price plus delivery costs. Finished goods are
stated at cost, which consists of material consumption, variable production and production overheads. Indirect
production costs include indirect materials and wages, maintenance and depreciation, etc. Borrowing costs
The net realisable value of inventories is calculated as the estimated selling price less completion costs and
indication that the receivable is impaired. Impairment losses are calculated as the difference between the
carrying value of receivables and the present value of expected cash flows, including the realizable value of
impairment other than the decrease in value reflected by amortisation/depreciation. Impairment tests are
conducted when there is evidence of impairment. Assets are written down to the lower of the carrying amount
12
ACCOUNTING POLICIES
Other provisions
Liabilities
CASH FLOW STATEMENT
Cash comprises cash in hand and bank deposits.
capital and related costs as well as borrowing, repayment of interest-bearing debt, payment of dividends to
realizable value or fair value, where the performance of the obligation in time is expected to be possible in the
future.
13
PROFIT AND LOSS ACCOUNT 1 JANUARY - 31 DECEMBER
(Amounts in t.EUR)
Note 2024 2023
1 Gross profit 10.997 15.380
2 Staff costs:
Wages and salaries -5.175 -5.542
Pensions -534 -517
Other social security costs -159 -5.868 -180 -6.239
Profit before depreciations
and financial costs 5.129 9.141
3 Depreciations on intangible
and tangible assets -916 -1.036
Operating profit 4.213 8.105
Financial items:
Financial profits 315 200
Financial costs -34 281 -25 175
Profit before taxation 4.494 8.280
4 Tax on profit for the year -804 -1.616
Profit for the year
3.690 6.664
14
BALANCE SHEET AS ON 31 DECEMBER
(Amounts in t.EUR)
Note
Assets 2024 2023
Long-term assets
Intangible assets
3 Software and licenses 994 102
994 102
Tangible assets
3 Land and buildings 4.998 5.199
3 Plant and machinery 1.560 1.644
3 Other plants and equipment 450 467
3 Assets under construction 19 589
7.027 7.899
Total long-term assets 8.021 8.001
Short-term assets
Inventories
Raw materials and consumables 2.515 2.343
Manufactured goods and commodities 2.109 2.169
4.624 4.512
Receivables
Trade receivables 3.558 3.981
Receivables from affiliated companies 320 446
Receivable tax 0 0
Other receivables 164 151
4.042 4.578
Cash liquidity 11.295 13.203
Total short-term assets 19.961 22.293
Total assets
27.982 30.294
15
BALANCE SHEET AS ON 31 DECEMBER
(Amounts in t.EUR)
Note Equity and Liabilities 2024 2023
Equity
5 Share capital 1.877 1.878
Retained earnings 14.302 17.629
Dividend proposed for the year 7.000 5.000
Total equity 23.179 24.507
Provisions
6 Deferred tax 119 229
7 Other provisions 42 64
Total provisions 161 293
Liabilities
Long-term liabliities
8 Debt to mortgage banks 993 1.333
993 1.333
Short-term liabliities
8 Short-term share of debt to mortgage banks 339 337
Prepayments from customers 304 400
Trade creditors 1.183 1.666
Debt to affiliated companies 89 112
Payable tax 137 39
Other creditors 1.597 1.607
3.649 4.161
Total liabilities 4.642 5.494
Total equity and liabilities 27.982 30.294
Other notes
9 Mortgage and securities
10 Contractual obligations and contingencies
11 Currency risks and use of derivative financial instruments
12 Related parties with controlling interest
13 Non-arm’s length related party transactions
14 Appropriation of profit/loss
16
CASH FLOW STATEMENT 1. JANUARY - 31. DECEMBER
(Amounts in t.EUR)
Note 2024 2023
Profit before taxation 4.494 8.280
Depreciations on intangible
and tangible assets 916 1.036
5.410 9.316
Change in working capital:
Inventories -112 3.494
Trade receivables 423 712
Receivables from affiliated companies 126 4
Other receivables -13 2
Other provisions -22 -9
Trade creditors -483 124
Debt to affiliated companies -23 83
Prepayments from customers -96 -30
Other creditors -10 -126
Variation in exchange rate -6 -216 12 4.266
Taxes paid -816 -1.418
Cash flow from operating activities 4.378 12.164
Purchase of fixed assets -945 -3.669
Sale of fixed assets 2 2.455
Cash flow from investment activities
-943 -1.214
Dividend -4.995 -3.000
Change in fixed term deposits 2.248 -8.569
Repayments to mortgage banks -336 -335
Cash flow from financial activities
-3.083 -11.904
Total cash flow
352 -954
Cash liquidity, net 1 January 943 1.897
Cash liquidity, net 31 December 1.295 943
Cash liquidity from Cash Flow Statement 1.295 943
Fixed term deposits 10.000 12.260
Cash liquidity from Balance Sheet 11.295 13.203
17
STATEMENT OF CHANGES IN EQUITY
(Amounts in t.EUR) Dividend
Share Retained proposed
capital earnings for the year Total
Equity at 1 January 2023 1.883 16.001 3.000 20.884
Variation in exchange rate -5 -36 0 -41
Dividend distribution 0 0 -3.000 -3.000
Transfer, see Appropriation of profit, note 14 0 1.664 5.000 6.664
Equity at 1 January 2024 1.878 17.629 5.000 24.507
Variation in exchange rate -1 -17 -5 -23
Dividend distribution 0 0 -4.995 -4.995
Transfer, see Appropriation of profit, note 14 0 -3.310 7.000 3.690
Equity at 31 December 2024 1.877 14.302 7.000 23.179
18
NOTES
(Amounts in t.EUR)
1
Special items - Other operating income 2024
2023
Profit from sale of property 26 2.703
Rental income 0 70
Salary reimbursement 112 104
138 2.877
2
Employees 2024 2023
Average number of full-time employees 78 90
Assets
Land Plant Other under
and and plants and con-
3 Long-term assets
Software buildings machinery equipment
struction
Cost price 1 January 2024 235 6.227 15.688 6.976 589
Variation in exchange rate 0 -6 -15 -7 0
Transfers 589 0 0 0 -589
Disposals 0 0 -1.509 -198 0
Additions 423 0 326 179 19
Cost price 31 December 2024 1.247 6.221 14.490 6.950 19
Depreciations 1 January 2024 -133 -1.028 -14.044 -6.509 0
Variation in exchange rate 0 1 13 6 0
Depreciations on disposals 0 0 1.509 195 0
Depreciations -120 -196 -408 -192 0
Depreciations 31 December 2024 -253 -1.223 -12.930 -6.500 0
Book value 31 December 2024 994 4.998 1.560 450 19
Expected useful lives 5 years 25 years 5 years 1-5 years
4
Tax of ordinary profit 2024 2023
Tax of ordinary profit 816 1.543
Tax regulation previous years 98 -7
Adjustment of deferred tax this year -110 80
804 1.616
19
NOTES
(Amounts in t.EUR)
5
Equity
The share capital can be specified as follows:
31.12.2024 31.12.2023
Share capital 1 January 1.878 1.883
Variation in exchange rate -1 -5
Additions and reductions this year 0 0
Share capital 31 December 1.877 1.878
The share capital consists of the following shares:
138 shares of 100.000 DKK 1.849 1.850
2 shares of 40.000 DKK 11 11
1 share of 20.000 DKK 3 3
8 shares of 10.000 DKK 11 11
3 shares of 5.000 DKK 2 2
2 shares of 2.000 DKK 1 1
1 share of 1.000 DKK 0 0
1.877 1.878
No shares carry special rights. The share capital has not been changed for more than 5 years.
6
Deferred tax 31.12.2024 31.12.2023
Deferred tax at 1 January 229 149
Variation in exchange rate 0 0
Entered in the profit and loss account this year -110 80
Deferred tax at 31 December 119 229
Deferred tax does primarily concern tangible assets.
7
Other provisions 31.12.2024 31.12.2023
Provision warranty costs and pending litigation 42 64
Provisions are expected to mature within 0-2 years.
Prepay-
Debt in total ments Debt after
8
Debt to mortgage banks 31.12.2024 first year 5 year
Debt to mortgage banks 1.332 339 0
9
Mortgage and securities
Mortgages for land and buildings, carrying amount 4.998 t.EUR at 31 December 2024 have been
pledged as collateral for mortgage banks, 1.332 t.EUR.
20
NOTES
(Amounts in t.EUR)
10
Contractual obligations and contingencies
11 Currency risks and use of derivative financial instruments
12 Related parties with controlling interest
13 Non-arm’s length related party transactions
14 Appropriation of profit/loss
The board has proposed to allocate the profit for the year as follows:
2024 2023
Dividend 7.000 5.000
Transferred to next year -3.310 1.664
3.690 6.664
Only related party transactions not conducted on an arm’s length basis are disclosed in the annual
report. No such transactions have been conducted in the financial year.
Copies of the consolidated financial statements of ALU-PRO Srl. may be ordered at the following
address: Via A. Einstein 8, Z.I., 30033 Noale (VE), Italy.
The company has signed a leasing contract, which at the end of the financial year has a maturity of
55 months and amounts 271 t.EUR.
ALU-PRO Srl., Noale (VE), Italy owns all shares in the company and thus has a controlling influence
on this.
The company uses forward exchange contracts in EUR/DKK to hedge expected currency risks
relating to sale and purchase of goods in the coming years.
On the balance sheet date the company has no open contracts.
Annual reportAuditor's report on audited financial statementsParsePort XBRL Converter2024-01-012024-12-312023-01-012023-12-312025-04-10Reporting class B2025-04-1078322519ROLLTECH A/SJohs. E. Rasmussens Vej 129800 HjørringOpinionBasis for Opinion2025-04-10mne10052mne1170633963556DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABVærkmestergade2, 18.8000Aarhus CDKDANSKE BANKPrinsensgade119000Aalborg1,8781,878783225192024-01-012024-12-31cmn:ConsolidatedMember783225192024-01-012024-12-31cmn:ConsolidatedMember1783225192024-01-012024-12-31cmn:ConsolidatedMember2783225192023-01-012023-12-31cmn:ConsolidatedMember783225192024-12-31cmn:ConsolidatedMember783225192023-12-31cmn:ConsolidatedMember783225192024-01-012024-12-31cmn:ConsolidatedMember1783225192023-01-012023-12-31cmn:ConsolidatedMember1783225192024-01-012024-12-31cmn:ConsolidatedMember1783225192023-01-012023-12-31cmn:ConsolidatedMember1783225192022-12-31cmn:ConsolidatedMember783225192022-12-31cmn:ConsolidatedMemberfsa:ContributedCapitalMember783225192023-01-012023-12-31cmn:ConsolidatedMemberfsa:ContributedCapitalMember783225192022-12-31cmn:ConsolidatedMemberfsa:RetainedEarningsMember783225192023-01-012023-12-31cmn:ConsolidatedMemberfsa:RetainedEarningsMember783225192022-12-31cmn:ConsolidatedMemberfsa:ProposedDividendRecognisedInEquityMember783225192023-01-012023-12-31cmn:ConsolidatedMemberfsa:ProposedDividendRecognisedInEquityMember783225192023-12-31cmn:ConsolidatedMemberfsa:ContributedCapitalMember783225192024-01-012024-12-31cmn:ConsolidatedMemberfsa:ContributedCapitalMember783225192024-12-31cmn:ConsolidatedMemberfsa:ContributedCapitalMember783225192023-12-31cmn:ConsolidatedMemberfsa:RetainedEarningsMember783225192024-01-012024-12-31cmn:ConsolidatedMemberfsa:RetainedEarningsMember783225192024-12-31cmn:ConsolidatedMemberfsa:RetainedEarningsMember783225192023-12-31cmn:ConsolidatedMemberfsa:ProposedDividendRecognisedInEquityMember783225192024-01-012024-12-31cmn:ConsolidatedMemberfsa:ProposedDividendRecognisedInEquityMember783225192024-12-31cmn:ConsolidatedMemberfsa:ProposedDividendRecognisedInEquityMember783225192024-01-012024-12-31cmn:ConsolidatedMember1783225192024-01-012024-12-31cmn:ConsolidatedMember1783225192024-01-012024-12-31cmn:ConsolidatedMember2783225192024-01-012024-12-31cmn:ConsolidatedMember3iso4217:EURxbrli:pure