Ensurge Micropower ASA - Annual Report and Financial Statements 2021 – Additional Attachment
Rhea-AI Summary
Ensurge Micropower ASA's Board of Directors approved the annual report for 2021 on April 26, 2022. The financial statements align with the preliminary report from February 2022. However, the auditor's report highlights concerns regarding the company's going concern status. Notably, the Board has decided not to propose a dividend for this fiscal year. The annual report and financial statements can be accessed on the company's website.
Positive
- Financial statements align with the preliminary report, indicating consistent financial reporting.
Negative
- Auditor's report contains an emphasis of matter paragraph regarding going concern, indicating potential financial instability.
- No dividend proposed, which may disappoint shareholders looking for returns.
News Market Reaction – ENMPY
In the trading session that priced this news, ENMPY declined 81.67%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Board of Directors of Ensurge Micropower ASA ("Ensurge") approved the annual report and the annual financial statements for 2021 on 26 April 2022. The financial statements are consistent with the preliminary report disclosed on 22 February 2022. The auditor's report contains an emphasis of matter paragraph regarding going concern. The Board does not propose a dividend. The annual report and financial statements for 2021 are enclosed to this announcement and are also available at the Company's website www.ensurge.com.
Contact
Ståle Bjørnstad - Investor Relations
E-mail: stale.bjornstad@ensurge.com
Phone: +47 99 16 76 72
Kevin Barber - Chief Executive Officer
E-mail: kevin.barber@ensurge.com
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Attachments
