The Danish Financial Supervisory Authority published a reminder clarifying that certain large companies must submit annual reports for the 2024 financial year to the Danish Business Authority in new digital formats, after some 2024 reports were filed in the wrong format. Inline XBRL (iXBRL) applies to firms that prepare group accounts under International Financial Reporting Standards or are covered by sustainability reporting requirements under the Corporate Sustainability Reporting Directive and Article 8 of the EU Taxonomy Regulation. Listed companies outside the iXBRL scope must file in XHTML, while other financial companies should continue to file in PDF; annual reports must be approved by the general meeting before submission. From the 2025 financial year, financial companies required to file in iXBRL must also tag their accounts using the Danish Financial Supervisory Authority’s taxonomy, while taxonomy tagging is voluntary for 2024 (with iXBRL still required).
Danish Finanstilsynet 2025-02-26
Danish Financial Supervisory Authority clarifies which firms must file 2024 annual reports in iXBRL, XHTML or PDF
The Danish Financial Supervisory Authority reminded large companies to submit 2024 annual reports to the Danish Business Authority in new digital formats. Firms preparing group accounts under International Financial Reporting Standards or subject to sustainability reporting must use Inline XBRL (iXBRL), while others must file in XHTML or PDF. From 2025, mandatory taxonomy tagging will apply to financial companies filing in iXBRL.