Norway's Rasmussen Group, the majority owner of seismic vessel operator Shearwater Geo Services, recorded a record result last year.

The Kristiansand-based company reported a pre-tax profit of NOK 3.85bn ($462m), up from NOK 2.32bn a year earlier.

Rasmussen Group's finance activities made up the bulk of the profits.

Operating revenue increased to NOK 3.84bn