Ensurge Micropower ASA - Annual Report and Financial Statements 2021 – Additional Attachment

Ensurge Micropower ASA's Board of Directors approved the annual report for 2021 on April 26, 2022.

(Moderate)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

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.

Argus Session date unavailable

-81.67% session move Open Argus

Details

News Market Reaction – ENMPY

The recorded move for ENMPY in the trading session of this news was -81.67%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

04/27/2022 - 04:46 PM EDT

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When was the annual report for Ensurge Micropower ASA approved?

The annual report was approved on April 26, 2022.

What concerns were raised in the auditor's report for Ensurge?

The auditor's report highlighted a going concern status for the company.

Did Ensurge propose a dividend for the fiscal year 2021?

No, the Board of Directors has not proposed a dividend for this fiscal year.

Where can I find the financial statements for Ensurge Micropower ASA?

The financial statements are available on Ensurge's website.

What does the emphasis of matter paragraph in the auditor's report indicate for ENMPY?

It indicates potential concerns regarding the company's ability to continue as a going concern.

Ensurge Micropower ASA - Annual Report and Financial Statements 2021 – Additional Attachment