Note 15 - Investments in associates

DKKm						2007	2006
	Investments in associates
	Cost
	Balance 1 January					0	14
	Additions during the year					0	-14
	Balance 31 December					0	0

	Revaluations at net asset value
	Balance 1 January					18	16
	Revaluations during the year					1	2
	Balance 31 December					19	18

	Carrying amount 31 December					19	18

	Shares in associates according to the lastest financial statements:

	2007			Shareholder's		Profit/Loss	Ownership
	Name and registered office	Assets	Liabilities	Equity	Revenue	of the year	share in %
	Komplementarselskabet af 1. marts 2006 ApS, DK	0	0	0	0	0	50
	Bilskadeinstituttet AS, Norway	4	0	4	1	0	30
	Edsvåg Fabrikker AS, Norway	40	5	35	17	5	28

	2006			Shareholder's		Profit/Loss	Ownership
	Name and registered office	Assets	Liabilities	Equity	Revenue	of the year	share in %
	Komplementarselskabet af 1. marts 2006 ApS, DK	0	0	0	0	0	50
	Bilskadeinstituttet AS, Norway	5	0	4	1	0	30
	Edsvåg Fabrikker AS, Norway	34	3	31	14	3	28

	A individual estimate of the degree of influence referring to the agreed contracts are made.