Norway-based Codfarmers reported sales of NOK 119.6 million (€14.4 million/$18.2 million) in the full year of 2013 -- helped by a NOK 40 million (€4.8 million/$6.1 million) boost obtained from the sale of its subsidiary -- but the company continued to lose money, and turned in a loss of NOK 10.7 million (€1.3 million/$1.6 million) after write-downs on operating assets for more than NOK 15 million (€1.8 million/$2.3 million).
No fish has been in the water since the beginning of the year, and its main shareholder -- Morpol founder Jerzy Malek -- is considering options with regards to the fate of the company’s remaining assets.
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