Inactive Instrument

Company Midsummer AB (publ) Nasdaq Stockholm

Equities

SE0011281757

Renewable Energy Equipment & Services

Business Summary

Midsummer AB is a Sweden-based supplier of equipment for manufacturing of flexible copper indium gallium selenide solar cells (CIGS). The Company’s technology enables to manufacture customized lightweight flexible solar panels, which can be attached onto any type of surface. Applications comprise floating modules, vehicles, landfills, portable power generation and membrane roofs on factories, offices and other structures that are not strong enough for traditional glass modules. Products consist of the DUO, mass production deposition equipment, as well as the UNO, a research and development (R&D) tool, which is made in different configurations. Process improvements in R&D are directly transferable to the DUO production tools.

Sales per Business

SEK in Million2022Weight2023Weight Delta
Solar Panels
59.6 %
46 85.9 % 30 59.6 % -35.45%
Installation Work Solar Roof
27.4 %
- - 14 27.4 % -
Production Equipment for Solar Cell Manufacturing
12.1 %
5 9.0 % 6 12.1 % +24.78%
Service and Support
0.8 %
3 4.9 % 0 0.8 % -84.46%
Miscellaneous
0.1 %
- - 0 0.1 % -

Sales per region

SEK in Million2022Weight2023Weight Delta
Sweden
73.9 %
45 83.7 % 37 73.9 % -17.90%
International
22.9 %
-- 11 22.9 % -
European Union
2.0 %
1 1.2 % 1 2.0 % +50.54%
China / Hong Kong
1.2 %
5 9.3 % 1 1.2 % -88.04%

Managers

Managers TitleAgeSince
Chief Executive Officer 50 04-06-14
Director of Finance/CFO - 21-12-31
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 09-12-31
Corporate Officer/Principal - 23-03-12
Human Resources Officer - 23-03-05
Sales & Marketing - 21-12-31
Corporate Officer/Principal - -
Human Resources Officer - 22-05-23

Members of the board

Members of the board TitleAgeSince
Chairman 60 23-06-06
Corporate Officer/Principal 56 04-06-14
Director/Board Member 69 05-12-31
Director/Board Member 54 23-06-07
Director/Board Member 34 14-12-31
Director/Board Member 63 21-12-31
Director/Board Member - 23-06-06

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 209,713,621 117,522,573 ( 56.04 %) 0 56.04 %

Shareholders

NameEquities%Valuation
Nordea Investment Management AB
6.597 %
13,835,580 6.597 % 3 M kr
Philip Gao
4.731 %
9,921,256 4.731 % 2 M kr
Liang Gao
4.656 %
9,763,989 4.656 % 2 M kr
H. Waldaeus AB
4.393 %
9,212,093 4.393 % 2 M kr
5,749,360 2.742 % 1 M kr
Infologix (BVI) Ltd.
2.279 %
4,779,040 2.279 % 1 M kr
3,485,200 1.662 % 811 599 kr
Storebrand Asset Management AS
0.1614 %
338,387 0.1614 % 78 800 kr
Johan Oliv
0.0447 %
93,795 0.0447 % 21 842 kr
AIFM Capital AB
0.0390 %
81,761 0.0390 % 19 040 kr

Company contact information

Midsummer AB

Elektonikhöjden 6

175 43, Järfälla

+46 8 52 50 96 10

http://www.midsummer.se
address Midsummer AB (publ)
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