May 26, 2018 2:43 AM ET

Electrical Equipment

Company Overview of Ripasso Energy AB (publ)

Company Overview

Ripasso Energy AB (publ) develops and manufactures stirling engines in Sweden and internationally. It offers solar hybrid, a renewable solar energy system that is based on a solar-tracking parabolic concentrator with a 33 kW stirling engine; and PWR BLOK 400-F, a container-based solution, which is used to extract energy from residual and flare gases for industrial applications. The company was founded in 2008 and is based in Gothenburg, Sweden.

Gruvgatan 35B

Västra Frölunda

Gothenburg,  421 30

Sweden

Founded in 2008

9 Employees

Phone:

46 0 31 385 88 30

Key Executives for Ripasso Energy AB (publ)

Ripasso Energy AB (publ) does not have any Key Executives recorded.

Ripasso Energy AB (publ) Key Developments

Ripasso Energy AB (Publ) Announces Earnings Results for the Six Months and Year Ended December 31, 2017

Ripasso Energy AB (publ) announced earnings results for the six months and year ended December 31, 2017. For the quarter, the company reported Operating loss was SEK 3,413,000 compared to SEK 5,669,000 a year ago. Loss after financial items was SEK 3,815,000 compared to SEK 5,668,000 a year ago. Loss before tax and net loss was SEK 3,815,000 or SEK 0.04 per diluted share compared to SEK 5,668,000 or SEK 0.09 per diluted share a year ago. Loss on equity was 1% compared to 3% a year ago. For the year, the company reported operating loss was SEK 5,137,000 compared to SEK 8,178,000 a year ago. Loss after financial items was SEK 5,539,000 compared to SEK 8,177,000 a year ago. Loss before tax and net loss was SEK 5,539,000 or SEK 0.06 per diluted share compared to SEK 8,177,000 or SEK 0.14 per diluted share a year ago. Cash outflow from operating activities was SEK 10,323,000 compared to SEK 11,860,000 a year ago. Acquisition of intangible fixed assets was SEK 31,813,000 compared to SEK 20,621,000 a year ago. Acquisition of tangible fixed assets was SEK 112,000. Loss on equity was 2% compared to 4% a year ago.

Ripasso Energy AB Appoints Heije Westberg as Chief Technical Officer and Member of Senior Management

Ripasso Energy AB has appointed Heije Westberg as Chief Technical Officer and member of senior management. Westberg's previous assignment was CTO of Minesto AB.

Ripasso Energy AB (publ), Special/Extraordinary Shareholders Meeting, Dec 18, 2017

Ripasso Energy AB (publ), Special/Extraordinary Shareholders Meeting, Dec 18, 2017, at 11:00 Central European Standard Time. Location: Advokatfirman Törngren Magnell's office Västra Trädgårdsgatan 8 Stockholm Sweden Agenda: To consider election of chairman of the general meeting; to consider determination of the number of directors of the board of directors; to consider determination of the number of directors of the board of directors; and to consider election of the directors of the board.

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