25.6.2024 09:57:53 CEST | Seluxit |
Selskabsmeddelelse
Selskabsmeddelelse nr. 69 – meddelelsen indeholder intern viden
Selskabets ledelse indgiver i dag konkursbegæring til skifteretten i Aalborg.
Årsagerne dertil er en kombination af flere forhold. Efter et par stærke år i 2018/2019 og 2019/2020 medførte COVID 19 pandemien, at selskabets salg af SmartMeters gik i stå, og det for selskabet vigtige tyske marked kom aldrig i gang igen, og indsalgstiden på nye geografiske markeder og salg af nye produkter, blandt andet inden for både EMS og EdTech markedet, udviklede sig desværre for langsomt til at kunne kompensere for det tabte. Selskabet fik derfor betydelig omsætningsnedgang og underskud i de to følgende regnskabsår, som har tæret kraftigt på selskabets likviditetsberedskab, som er kommet yderligere under pres i 2023/2024. Ledelsen har i 2023 og 2024 arbejdet hårdt med at forsøge at finde måder, hvorpå selskabets kapitalberedskab kunne styrkes, men en lav børskurs, udfordrede markedsforhold pga. inflation og stigende renter og forsinkelse med selskabets ordreindgang har desværre gjort, at disse bestræbelser ikke har båret frugt. På trods af nye, større ordrer fra væsentlige kunder de sidste 6 måneder, og en bedre ordre pipeline end ledelsen har set længe, kan likviditetsberedskabet og det generede cash-flow ikke dække selskabets forpligtelser i takt med, at de forfalder, og derfor har ledelsen desværre ikke set anden udvej end at indgive konkursbegæring for selskabet i dag.
Ledelsen og bestyrelsen er meget berørte af situationen, og beklager meget over for selskabets trofaste medarbejdere, dets loyale leverandører, kunder og samarbejdspartnere og ikke mindst over for selskabets aktionærer, som har vist selskabet stor tillid siden selskabet blev optaget til handel på Nasdaq First North Growth Market i 2018.
Kontakter
Daniel Lux, CEO, Seluxit, +45 46 922 722, info@seluxit.com
John Norden, Certified Advisor, Norden CEF, +45 20 720 200, jn@nordencef.dk
Om Seluxit
Seluxit kobler ting til internettet, fordi det optimerer systemer og sparer ressourcer og penge. Det giver god mening for økonomien, for miljøet og for samfundet.
Seluxits IoT løsning reducerer udviklingstid og -omkostninger og minimerer derved risikoen ved at komme igang med IoT. Det gør at kunderne kommer hurtigere på markedet og dermed hurtigere får indtjening.
Vores end-to-end IoT løsninger bruges til energibesparelse, service effektivisering, uddannelse og meget mere.
Vedhæftninger
Download selskabsmeddelelse.pdf
25.6.2024 09:57:53 CEST | Seluxit |
Company Announcement
Company announcement no. 69 – this message contains inside information
The company’s management will today file for bankruptcy at the bankruptcy court in Aalborg.
The reasons for this are a combination of several factors. After a couple of strong years in 2018/2019 and 2019/2020, the COVID-19 pandemic caused the company’s sales of SmartMeters to stall, and the German market, which is important to the company, never got going again, and the sales time in new geographical markets and sale of new products in both the EMS and EdTech markets, among others, unfortunately, developed too slowly to compensate for the loss. The company, therefore, suffered a significant decline in revenue and losses in the following two financial years, which has taken a heavy toll on the company’s liquidity preparedness, which has come under further pressure in 2023/2024. Management has worked hard to try to find ways to strengthen the company’s capital base, but a low share price, challenging market conditions due to inflation and rising interest rates, and delays in the company’s order intake have unfortunately meant that these efforts have not been successful. Despite new, larger orders from major customers in the last 6 months and a better order pipeline than management has seen in a long time, the liquidity preparedness and cash flow generated cannot cover the company’s obligations as they fall due, and therefore, the management and the board has seen no other alternative than to file for bankruptcy today.
The management and the board are very affected by the situation and deeply regrets to the company’s loyal employees, its loyal suppliers, customers and partners, and not least to the company’s shareholders, who have shown great confidence in the company since the company was admitted to trading on Nasdaq First North Growth Market in 2018.
Contacts
Daniel Lux, CEO, Seluxit, +45 46 922 722, info@seluxit.com
John Norden, Certified Advisor, Norden CEF, +45 20 720 200, jn@nordencef.dk
About Seluxit
Seluxit connects things to the internet to optimize systems, save resources and save money. That makes sense for the economy, for the environment and for society.
Seluxit’s unique standards-based approach to IoT reduces development time and development costs, and thereby minimizes risks.That gives our customers a fast path to both saving and earning money, because their solution enters the market quickly.
Our end-to-end IoT solutions create value in many ways including optimizing energy usage, improving service efficiency, and allowing for more effective training.
Attachments
Download announcement as PDF.pdf
