Borgestad ASA announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was NOK 203.204 million compared to NOK 236.122 million a year ago. Operating loss was NOK 120.732 million compared to NOK 147,000 a year ago. Net loss was NOK 177.658 million compared to NOK 49.873 million a year ago. Diluted loss per share from continuing operations was NOK 14 compared to NOK 7.8 a year ago. For the full year, total revenue was NOK 862.388 million compared to NOK 918.549 million a year ago. Operating loss was NOK 116.766 million compared to operating Income of NOK 28.664 million a year ago. Net loss was NOK 170.193 million compared to NOK 61.567 million a year ago. Diluted loss per share from continuing operations was NOK 13.4 compared to NOK 9.2 a year ago.