Green Hydrogen Systems CEO, Sebastian Koks Andreassen, has discussed supply chain and quality challenges with H2 View, after the company’s interim 2023 results revealed a difficult second quarter for the Danish electrolyser OEM.
Despite reporting a H1 2023 revenue of DKK 14.7m ($2.1m) in its interim results on Tuesday (August 23), an increase of DKK 14.2m ($2m) from the same period in 2022, the company revealed it did not register revenue in the second quarter of the year.
“The revenue we registered and reported was from the first quarter,” Andreassen told H2 View. “We had a dry second quarter, which of course is disappointing, we had expected to see the revenue build up in the quarter.”
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