Klaveness Marine saw its profit slide in 2019 but posted a NOK 375m ($41.7m) jump in its its value-adjusted equity.

The privately-owned Norwegian company's chief executive, Jon Christian Syvertsen, said the outfit delivered good results across its three business units: real estate, financial investments and shipping.

The company reported value-adjusted equity of NOK 4.15bn as of the end of 2019, an improvement compared to nearly NOK 3.78bn