Pactum, the holding company for Norway's Astrup family, has reported a sharp increase in profits for 2019.
Its annual report has just been made available and it shows the company logged a pre-tax profit of NOK 160m ($16m), up from NOK 94m in 2018.
The result for 2019 was better than the company had expected, as Pactum believed the results last year would be in line with the year before.