It said equity must be rebuilt through operational profit.

The owner came out of 2012 with a deficit of DKK 88.5m ($15.45m), down from DKK 118.9m in 2011.

Three-year losses stand at DKK 285m.

But it introduced a new ferry in May, and the second half turned to an operating profit of DKK 21m.

And it is now expecting a profit for the whole of 2013.

"There