Summary year-end report 2020

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Summary of the year-end report  

4th Quarter from 01.10.2020 to 31.12.2020

  01.10.2020-   01.10.2019- 01.01.2020- 01.01.2019-
31.12.2020 31.12.2019 31.12.2020 31.12.2019
The company´s sales amounted to (TSEK) 1.244 448 2.018 827
Increase in finished goods, inventories and work in progress (TSEK) -1.289 0 -1.289 0
Own work in progress (TSEK) 317  0 317  0
Other operating income (TSEK) 1.744 1.822 3.527 2.015
Total Income (TSEK) 2.016 2.270 4.573 2.842
Cost of Material (TSEK) -787 -223 -1.516 -715
Personnel costs (TSEK) -4.253 -2.399 -11.778 -7.283
Other operating costs (TSEK) -1.354 -934 -3.583 -3.560
Other opearting expenses (TSEK) -74  0 -80  -57
Depreciation (TSEK) -236 -66 -730 -200
Total Costs (TSEK) -6.704 -3.622 -17.957 -11.815
Earnings before interest and taxes (TSEK) -4.688 -1.352 -13.384 -8.973
Financial income/expenses (TSEK) -84 -357 -139 44
Loss after financial items (TSEK) -4.772 -1.709 -13.523 -8.929
Number of shares  12.188.792 7.596.495 12.188.792 7.596.495
Result per share amounted (SEK) -0,39 -0,225 -1,109 -1,175
Cash available end of period (TSEK) 20.352 9.116 20.352 9.116

Industrial Solar Holding Europe AB
Fiskaregatan 11

SE-87133 Härnösand / Sweden

E-Mail: info@industrial-solar.se
Internet: www.industrial-solar.se
T + 46 611 81 06 10

Industrial Solar Holding Europe AB holds 100% of Industrial Solar GmbH and 100% of SolarSpring GmbH - both located in Freiburg/Germany.  
Industrial Solar GmbH is an international leading technology and solution provider, which develops projects mainly based on its innovative Fresnel collector technology suitable for fulfilling an expected growing market of solar process heat. As a one-stop-shop Industrial Solar offers turnkey solutions for customers in several industries.
Find out more about Industrial Solar GmbH at the following address:
https://www.industrial-solar.de/

Founded in 2009 as a spin-off of the Fraunhofer ISE, SolarSpring GmbH - membrane solutions, has evolved into an international pioneer in the field of membrane distillation offering innovative waste- and drinking water treatment technology.
Find out more about SolarSpring GmbH at the following address:
https://www.solarspring.de/