Restructured Oslo-listed owner Olympic Subsea has slipped to a loss in the second quarter.
The Stig Remoy-led company said the net deficit to 30 June was NOK 77.59m ($9.79m), from profit of NOK 13.41m in 2016.
Revenue grew to NOK 149m from NOK 122m, but it suffered from higher financial expenses of NOK 58.6m as a result of the refinancing.
