The company said the net deficit to 31March was NOK 6.92m ($1.16m), from NOK 212m in 2013. Last year’s profit was due to a big tax gainfrom discontinued operations.
Revenue grew to NOK 585m from NOK 498m overthe same period.
“Theorder backlog in the Maritime Service and Offshore [division] has shown a strong increasesince year-end, while the group's involvement in shipbuilding has beensignificantly reduced,” it said.
The
