Year End Report 2019
Important Steps towards Commercial Breakthrough
Year End Report 2019
Summary of quarter Q4 2019
The following summary refers to the period 1/10/2019 – 31/12/2019, compared to 1/10/2018 – 31/12/2018
Net sales for this period totaled to SEK 347,174 (SEK 311,886)
Operating result for the period of SEK -2,484,934 (SEK -1,640,324)
Capitalized development costs of SEK 738,113 (SEK 151,804)
Average number of registered shares 11,059,980 (9,877,264 shares)
Result per share* SEK -0.22 (SEK -0.17)
*Result per share is calculated on the average number of registered shares during the period.
Summary of Q1-Q4 2019
The following summary refers to the period 1/1/2019 – 31/12/2019, compared to 1/1/2018 – 31/12/2018
Net sales for this period totaled to SEK 3,481,431 (SEK 1,237,988)
Operating result for the period of SEK -8,327,956 (SEK -6,840,659)
Cash and bank balance SEK 13,697,509 (SEK 6,819,997)
Capitalized development costs of SEK 2,038,871 (SEK 1,370,801)
Average number of registered shares 10,279,167 (9,877,264 shares)
Result per share* SEK -0.81 (SEK -0.69)
Equity Ratio 90.1% (82.7%)
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Financial overview
| KSEK | Q4, 2019 | Q4, 2018 | Q1-Q4, 2019 | Q1-Q4, 2018 |
| Operating income | 1,126 | 464 | 5,572 | 2,646 |
| Operating result | -2,485 | -1,640 | -8,326 | -6,837 |
| Net result | -2,485 | -1,640 | -8,328 | -6,841 |
| Total assets | 25,283 | 18,245 | 25,283 | 18,245 |
| Cash and bank equivalents | 13,698 | 6,820 | 13,698 | 6,820 |
| Equity | 22,790 | 15,083 | 22,790 | 15,083 |
| Equity ratio, % | 90.14 | 82.67 | 90.14 | 82.67 |
| Average number of registered shares in the period | 11,059,980 | 9,877,264 | 10,279,167 | 9,877,264 |
| Number of registered shares at the end of the period | 11,059,980 | 9,977,264 | 11,059,980 | 9,877,264 |
| Result per registered share before and after dilution, SEK | -0.22 | -0.17 | -0.81 | -0.69 |
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