Dividend Policy

Dividend Policy

As per 6th January 2020, the company reported equity is NOK 58,288,799 consisting of 19,414,933 shares with a nominal value of NOK 3,- per share.

The Board of Directors continuously assesses the working capital and investment capital needed to meet future growth, and has considered this to be more important than paying dividends. However, a policy of not paying dividends has not been adopted by the Board.

No dividends have been paid to the Company’s shareholders for the period 2004 – 2018.