CO2 Capsol AS – Fourth quarter 2022 results
Oslo, Norway - 17 February 2023CO2 Capsol, a carbon capture technology provider, today announced its resultsfor the fourth quarter of 2022.The company reached several key milestones during the quarter:• Revenues of NOK 6.9 million in Q4-22, an increase of 78% from Q3-22. Pre-taxprofit of NOK -6.2 million, compared with NOK -7.2 million in the previousquarter. NOK 65.5 million in Cash and cash equivalents at the end of the period.• Successful CapsolGo demonstration campaign for Öresundskraft in Helsingborg,Sweden. The project achieved a capture rate of above 90%, proving that