OrganoClick publish its Annual Report 2024
OrganoClick's Annual Report for 2024 is now available on OrganoClick's homepage, https://organoclick.com/investor-relations/reports/ and is attached in this press release.
Shareholders and others can receive the Annual Report on demand by contacting the company by mailing ir@organoclick.com.
From OrganoClick's year end report 2024, published 13 February 2025, changes have been made regarding a few items which were misclassified between short-term and long-term liabilities, as well as within short-term liabilities, which has been corrected in the annual report.
The corrections made relate to deferred tax payments granted to OrganoWood due to the coronavirus pandemic, as well as loans from credit institutions. Short-term liabilities have overall decreased by SEK 4.7 million, while long-term liabilities have increased by the same amount, which also impacts the quick ratio which has improved somewhat as the short-term liabilities have decreased.
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For more information, please contact:
Mårten Hellberg, CEO
0707 - 16 48 90, marten.hellberg@organoclick.com
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About OrganoClick
OrganoClick is a Swedish green chemical company, founded in 2006 replacing hidden plastic and harmful chemicals in fiber-based materials with green chemical solutions based on fossil-free raw materials. Based on the company's patented "OrganoClick" technologies, which are inspired by nature's chemistry, OrganoClick develops, produces and markets a range of products with the aim of enabling a green transition. For example, the biobased binder OC-BioBinder for the nonwoven and paper industry, the biodegradable textile impregnation OrganoTex® for consumers and the textile industry, the biocidal-free wood protection technology OrganoWood® for wood treatment companies and the construction industry, as well as eco-labelled maintenance products for home owners under the BIOkleen brand. OrganoClick was founded as a spin-off from Stockholm University and the Swedish Agricultural University and has received several awards for its green innovations, including being named a "Climate Solver" by the World Wide Fund for Nature - WWF. The company is listed on the Nasdaq First North Growth Market and has its headquarters, production and R&D in Täby, north of Stockholm. OrganoClick's Certified Adviser on the Nasdaq First North Growth Market is Mangold Fondkommission AB, tel: +46 (0)8 503 01 551, email: ca@mangold.se.
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