Borgestad ASA reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was NOK 208.41 million compared to NOK 205.87 million a year ago. Revenue was NOK 252.1 million compared to NOK 203.2 million a year ago.

Net income was NOK 26.71 million compared to net loss of NOK 172.97 million a year ago. Basic earnings per share from continuing operations was NOK 2.1 compared to basic loss per share from continuing operations of NOK 13.61 a year ago.