Enersize's H1 company brief can be found on the company's website enersize.com. Below is a translation of selected parts of the H1-report originally published in Swedish on August 20, 2021, with the title "Enersize offentliggör halvårsrapport 2021".
April – June 2021
- Net sales for the second quarter 2021 amounted to EUR 49,156 (35,384).
- Operating profit (EBIT) for the second quarter 2021 amounted to EUR -517,825 (-373,937).
- Profit before appropriations and taxes for the second quarter 2021 amounted to EUR -610,293 (-414,638).
- Average number of employees for the second quarter 2021 amounted to 10.0 (10.5).
January – June 2021
- Net sales for the second quarter 2021 amounted to EUR 121,905 (89,285).
- Operating profit (EBIT) for the second quarter 2021 amounted to EUR -915,141 (-705,105).
- Profit before appropriations and taxes for the second quarter 2021 amounted to EUR -1,024,870 (-758,274).
- Average number of employees for the second quarter 2021 amounted to 9.5 (8.5).
Significant events during 2021
First quarter
- Enersize signs Partnership Agreement with Moroccan partner SCOPP Solutions SARLAU Capital 100.000DH.
- The company is invited by World Wide Fund for Nature to participate in their work to reduce resources used by supplier factories in India.
- Enersize signs Letter of Intent with eClouds Energy LLP in India.
- Erik Sundqvist assumes the role as CFO for Enersize.
Second quarter
- Enersize receives its first order from Moroccan partner SCOPP Solutions.
- Saint Gobain Sweden AB ISOVER in Billesholm orders a subscription of Compressed Air Services from Enersize.
- Live broadcast and release of the new Enersize.
- Enersize enters into an agreement regarding a credit facility of in total SEK 8.4 million with a smaller group of investors.
- Enersize agrees on extension of ongoing pilot projects with Scania Industrial Maintanance AB.
Significant events after the period
- Partnership Agreement is signed with South Korean Das Korea.
- Enersize receives order from Morocco through local partner SCOPP Solutions.
- South Korean partner Das Korea orders equipment to be used with Enersize’s Compressed Air Services.
Summary of the Group’s indicators
EUR | 2021 Q2 |
2020 Q2 |
2021 H1 |
2020 H1 |
2020 Full year |
Net sales | 49,156 | 35,384 | 121,905 | 89,285 | 222,209 |
Gross margin, % | 63 | 48* | 65 | 51* | 59* |
Operating profit (EBIT) | -517,825 | -373,937 | -915,141 | -705,105 | -1,856,189 |
EBIT margin, % | Neg. | Neg. | Neg. | Neg. | Neg. |
Profit before appropriations and taxes | -610,293 | -414,638 | -1,024,870 | -758,274 | -2,180,835 |
Profit margin, % | Neg. | Neg. | Neg. | Neg. | Neg. |
Earnings per share before and after dilution | -0.0026 | -0.0041 | -0.0044 | -0.0074 | -0.0094 |
Equity ratio, % | 52.3 | 83.2 | 52.3 | 83.2 | 77.5 |
Balance sheet total | 1,791,627 | 3,886,925 | 1,791,627 | 3,886,925 | 2,296,683 |
Cash flow from operating activities | -290,311 | -121,528 | -685,380 | -501,002 | -1,892,598 |
Average number of employees | 10.0 | 10.5 | 9.5 | 8.5 | 9.0 |
*To increase comparability, consulting fees have been deducted from material and services when calculating the indicator since the consultant is now a permanent employee of the company.
For more information about Enersize, please contact:
Anders Sjögren, CEO
Phone: +46 730 76 35 30
E-mail: ir@enersize.com
Erik Sundqvist, CFO
Phone: +46 720 92 83 62
E-mail: erik.sundqvist@enersize.com
The English text is an in-house translation of the original Swedish text. Should there be any disparities between the Swedish and the English text, the Swedish text shall prevail.
About Enersize
Enersize develops and delivers smart software, tools, and services to enable energy optimisation of industrial compressed air systems. The industry expertise of our people and solutions, together with a commitment to become the global leader in compressed air efficiency software, has made Enersize a recognised leader for customers around the world. Enersize is a merger of multiple Nordic companies with experience from more than 7,000 customer projects.
The company is listed on Nasdaq Stockholm First North Growth Market under the ticker: ENERS.
For more information visit https://enersize.com
Certified Adviser
Mangold Fondkommission AB
E-mail: ca@mangold.se
Phone: +46 8 503 01 550
This information is information that Enersize is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-08-20 08:30 CEST.