Annual Accounts 2018

The final result for 2018 was DKK 47.3 million before taxes and DKK 38.1 million after taxes or a decline compared to budget of DKK 41.5 million after taxes.

Thus, the Company experienced a decline in revenue compared to that budgeted.

The principal reasons for the decline in revenue are lower earnings, higher oil costs, and higher costs overall compared to those budgeted.

See Annual Accounts 2018