It posted net earnings of NOK 25.41m ($3.35m) to 31 December, from NOK 53.42m in the same period of 2013.
Revenue grew to NOK 392.5m from NOK 268.75m year-on-year, while operating profit was higher at NOK 202.9m against NOK 106.2m.
But financial costs rose to NOK 177m from NOK 53m.
It blamed this on unrealised foreign exchange losses of NOK 111.3m, of which NOK 41.4m
