The structure of iLOQ Group is presented below:
Subsidiaries included in the consolidated financial statements:
|Name of the subsidiary:||Domicile||Shareholding %|
|iLOQ Sverige AB||Sweden||100|
|iLOQ Deutschland GmbH||Germany||100|
|iLOQ Nederland BV||the Netherlands||100|
|iLOQ Denmark ApS||Denmark||100|
|iLOQ Norge AS||Norway||100|
|iLOQ France SAS||France||100|
|iLOQ Iberia SLU||Spain||100|
|iLOQ UK Ltd||UK||100|
During the reporting period 2019, iLOQ opened a new subsidiary in the UK. The Group did not have any business acquisitions or sold business operations in 2019.
In addition, the Group has subsidiaries in the USA (iLOQ USA Inc.) and Canada (iLOQ Canada Inc.). These subsidiaries do not have any operations.