Ensurge Micropower ASA
ISIN: NO0012450008 | Ticker: ENSU | LEI: 5493007QXMCG0WPKFC96
Country: Norway
Ensurge is Energizing Innovation™ with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1-100 milliampere-hour (mAh) class of wearable devices, connected sensors, and beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable products that are ideal for form-factor-constrained applications including hearables (hearing aids and wireless headphones), digital and health wearables, sports and fitness devices, and IoT sensor solutions that use energy harvesting to power everyday things. The company’s state-of-the-art manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials innovation with the scale of roll-to-roll production methods to bring the advantages of Ensurge technology to established and expanding markets.
Year founded2005
Served areaWorldwide
HeadquartersFridtjof Nansen plass 4, 0160 Oslo – Norway
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 7,729,000.00 | 10,374,000.00 | 8,575,000.00 |
| Noncurrent Assets | N/A | 799,000.00 | 2,606,000.00 | 2,743,000.00 |
| Property Plant And Equipment | N/A | 226,000.00 | 2,032,000.00 | 2,169,000.00 |
| Other Noncurrent Receivables | N/A | 573,000.00 | 574,000.00 | 574,000.00 |
| Current Assets | N/A | 6,930,000.00 | 7,768,000.00 | 5,832,000.00 |
| Trade And Other Current Receivables | N/A | 1,140,000.00 | 915,000.00 | 868,000.00 |
| Cash and cash equivalents | 8,872,000.00 | 5,790,000.00 | 6,853,000.00 | 4,963,000.00 |
| Current Restricted Cash And Cash Equivalents | N/A | N/A | 1,600,000.00 | N/A |
| Equity And Liabilities | N/A | 7,729,000.00 | 10,374,000.00 | 8,575,000.00 |
| Equity | -19,660,000.00 | -46,865,000.00 | -13,481,000.00 | -16,246,000.00 |
| Issued Capital | N/A | 12,014,000.00 | 21,730,000.00 | 26,967,000.00 |
| Retained Earnings | N/A | -45,031,000.00 | -76,027,000.00 | -99,396,000.00 |
| Other Reserves | N/A | -2,852,000.00 | 31,968,000.00 | 31,968,000.00 |
| Additional Paidin Capital | N/A | 2,805,000.00 | 22,649,000.00 | 38,016,000.00 |
| Noncurrent Liabilities | N/A | 21,884,000.00 | 16,751,000.00 | 16,209,000.00 |
| Longterm Borrowings | N/A | 9,709,000.00 | 5,854,000.00 | 6,750,000.00 |
| Current Liabilities | N/A | 32,710,000.00 | 7,104,000.00 | 8,612,000.00 |
| Trade And Other Current Payables | N/A | 3,445,000.00 | 1,971,000.00 | 2,511,000.00 |
| Line item in (usd) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 492,000.00 | 0.00 | 0.00 |
| Revenue From Interest | 27,000.00 | 1,000.00 | 49,000.00 |
| Other Income | 21,000.00 | 0.00 | N/A |
| Employee Benefits Expense | 5,445,000.00 | 12,240,000.00 | 12,186,000.00 |
| Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 22,000.00 | 47,000.00 | 402,000.00 |
| Other Expense By Nature | 7,086,000.00 | 7,291,000.00 | 7,792,000.00 |
| Profit Loss From Operating Activities | -12,040,000.00 | -19,578,000.00 | -20,381,000.00 |
| Profit Loss Before Tax | -38,794,000.00 | -30,963,000.00 | -23,369,000.00 |
| Income Tax Expense Continuing Operations | 0.00 | 32,000.00 | 0.00 |
| Profit (loss) | -38,794,000.00 | -30,995,000.00 | -23,369,000.00 |
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -38,794,000.00 | -30,995,000.00 | -23,369,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 23,000.00 | 46,000.00 | 402,000.00 |
| Adjustments For Sharebased Payments | N/A | 626,000.00 | 4,933,000.00 | 3,506,000.00 |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | -50,000.00 | 0.00 | N/A |
| Cash Flows From Used In Operating Activities | N/A | -11,886,000.00 | -14,548,000.00 | -16,414,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | -89,000.00 | 0.00 | 22,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 248,000.00 | 1,839,000.00 | 557,000.00 |
| Interest Received Classified As Investing Activities | N/A | 27,000.00 | 1,000.00 | 49,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -310,000.00 | -1,838,000.00 | -486,000.00 |
| Proceeds From Issuing Shares | N/A | 13,259,000.00 | 25,172,000.00 | 17,098,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | N/A | 0.00 | 4,773,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 960,000.00 | 4,523,000.00 | 4,540,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 3,185,000.00 | 3,199,000.00 | 2,320,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 9,114,000.00 | 17,450,000.00 | 15,010,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -3,082,000.00 | 1,063,000.00 | -1,890,000.00 |
| Cash and cash equivalents | 8,872,000.00 | 5,790,000.00 | 6,853,000.00 | 4,963,000.00 |
Please note that some sums might not add up.
NO0012450008
LEI5493007QXMCG0WPKFC96
SectorTechnology Hardware & Equipment
IndustryElectronic Equipment, Instruments & Components
Sub-IndustryElectronic Equipment & Instruments
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