Year-end report 2019
Net sales amounted to SEK 35.1 million (37.7) in the fourth quarter and increased significantly for the full year to SEK 116.8 million (58.9). The fourth quarter was eventful with a first order for power plants based on reciprocating engines, a strategic partnership to open up a new part of the geothermal market and Sea Trials with Virgin Voyages. Operating profit amounted to SEK -36.0 million (-32.7) in the quarter. The profit was affected by the planned increase in expenses and investments related to continued build-up of the organization. The order backlog totaled SEK 729.7 million (818.