iLOQ-vuosikertomus 2019

Note 5

Group structure and business combinations

The structure of iLOQ Group is presented below:

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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.