Dividend Policy

As per 10th November 2020, the company reported equity is NOK 59 530 299 consisting of 19 843 433 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.