Norsk Solar AS - Q1 2022 Financial Report
Stavanger, 14 June 2022: The Board of Directors of Norsk Solar AS ("Norsk Solar", OSEBX ticker: NSOL) has approved the annual accounts for the first quarter of 2022, and the Q1 2022 Financial Report has been published.In the first quarter of 2022, Norsk Solar’s consolidated EBITDA was NOK -8.0 million (-4.1), mainly due to an almost doubling of the number of employees compared to the same period in 2021. This is in line with the company’s growth plan, to accommodate new projects under development and expansion in key markets. Revenue in Q1 ended at NOK 1.8 million. The total