Condo Nordic

From the Auditor’s Report (translated from Swedish):

"Material uncertainty regarding the going concern assumption
Without modifying our opinions stated above, we wish to draw attention to the directors’ report in the annual report, which highlights the existence of material uncertainties that may cast significant doubt on the company’s ability to continue as a going concern. These uncertainties include negative equity at the group level, weak liquidity ratios, and a lack of available cash. As stated in the directors’ report, the company is carrying out a new share issue during 2025, which is expected to improve the company’s ability to continue its operations. We note that the Board of Directors assesses that the company has the ability to continue as a going concern."