Sekkingstad shareholders were left with NOK 35 million (€4.5 million/$6.4 million) before tax. The company, which is based at Skaganeset, Sund in Hordaland County, has enjoyed amazing growth in recent years. Last year the company improved turnover by 40 percent. This means the company has also grown in terms of volume in 2010 in relation to 2009.
2010 was an excellent year for the rapidly-flourishing company.
The profit margin, which is the operating result in percentage of revenue, landed just below 2.6