Industrial Solar: Summary Interim Report Q3/2020

Summary of the 3rd quarter report  

3rd Quarter from 01.07.2020 to 30.09.2020

  01.07.202   01.07.201 01.01.2020 01.01.2019
0- 9- - -
30.09.2020 30.09.2019 30.09.2020 30.09.2019
The company's sales -339* 52 774 550
amounted to
(TSEK)
Increase in 0 0 0 0
finished goods,
inventories and
work in progress
(TSEK)
Other operating 593 58 1.783 143
income (TSEK)
Total Income (TSEK) 254 110 2.557 693
Cost of -115 -60 -729 -504
Material (TSEK)
Personnel -3.105 -1.778 -7.525 -5.009
costs (TSEK)
Other operating -815 -988 -2.499 -2.384
costs (TSEK)
Depreciation (TSEK) -229 -70 -494 -137
Total Costs (TSEK) -4.393 -2.896 -11.253 -8.091
Earnings before -4.139 -2.786 -8.696 -7.398
interest and
taxes (TSEK)
Financial 26 266 -55 424
income/expenses (TSE
K)
Loss after -4.113 -2.520 -8.751 -6.974
financial
items (TSEK)
Number of shares  12.188.792 7.596.495 12.188.792 7.596.495
Result per share -0,34 -0,33 -0,718 -0,918
amounted (SEK)
Cash available end 24.926 7.942 24.926 7.942
of
period (TSEK)

*The Q3 sales are negative due to adjustments that were necessary because of an accounting error in Q1 (an invoice for a down payment was accidentally booked as sales).

Clean Industry Solutions Holding Europe AB
Head Office
c/o Win-Win Ekonomi AB, Palmfeltsvägen 21, 121 62 Johanneshov Sweden