FINANCIAL RESULTS FULL YEAR 2019
Net revenue amounted to SEK 49 084 thousand (20 194) Total income amounted to SEK 39 366 thousand (30 609) Operating profit amounted to SEK -26 368 thousand (-37 568) Operating profit after financial items amounted to SEK -26 387 thousand (-37 593) Cash flow amounted to SEK 32 116 thousand (-18 717) Equity-to-assets ratio amounted to 666% (159) Order backlog at period end amounted to EUR 289 thousand No dividend is proposed FINANCIAL RESULTS FOURTH QUARTER 2019
Net revenue amounted to SEK 20 574 thousand (7 570) Total income amounted to SEK 8 069 thousand (14 140) Operating profit amounted to SEK -3 986 thousand (-9 183) Operating profit after financial items amounted to SEK -3 990 thousand (-9 187) Cash flow amounted to SEK 59 693 thousand (-10 290) SIGNIFICANT EVENTS FOURTH QUARTER 2019
Joint Development Agreement (JDA) signed with Hyundai Motor Company Resolution by the Board of Directors on directed new share issue to Hyundai Motor Company and Accendo Capital, and nomination of board member by Hyundai Extraordinary General Meeting approves the directed share issue, and appoints Sukhwan Yun as new board member 9,257,143 newly issued shares are registered with the Swedish Companies Registration Office Memorandum of Understanding (MoU) signed with Hyundai during the Swedish Prime Minister's visit to South Korea in December SIGNIFICANT EVENTS AFTER THE PERIOD
Order for coating system from Zanini Auto Group |