Oslo-based investors Axel and James Stove Lorentzen have maintained equity levels in their company despite losses.

Their jointly owned company, Jasto AS, had a book equity of NOK 141m ($24.3m) at the end of 2011, unchanged from a year earlier. The company logged a NOK 9m loss in 2011 but an equal amount was injected by other companies that were merged into Jasto.