The company, with just seven employees, has three production licenses in the municipality of Froya and in 2012 achieved revenues of NOK 45 million (€5.9 million/$7.7 million). Revenue for the previous year was NOK 74.6 million (€9.8 million/$12.8 million).
Earnings before interest and tax (EBIT) dropped to NOK 2 million (€262,225/$342,178) last year from NOK 19 million (€2.5 million/$3.3 million) in the fourth quarter of 2011. The company reported a positive revenue, mainly due to interests from bank deposits, which totaled NOK 38.2