The Ebeltoft-based company, which operates six ferries on routes around Denmark, reported sales up at DKK 633.6m compared with DKK 606.8m in 2002.
But a pretax profit of DDK 27.7m in 2002 was turned into a DKK 60.5m loss last year.
In its first half 2003 figures the ferry operator blamed a net loss of DKK 33.4m against a DKK 3.4m loss the previous year on lay-up costs incurred after a ferry was returned from charter.
The
