Brovig group holding company Gezina has strengthened its book equity by NOK 100m ($11.7m).

ISB Invest, a company controlled by Gezina main shareholder Inger Sande Brovig, has injected capital that lifts the book equity to a total of NOK 358m at the end of last year, according to a just-released annual report.

Gezina chief executive Geir Bredo Larsen said the issue in part of generation shift.