Arne Blystad's Songa Holding turned a weak result in 2018 into solidly profitable figures in 2019.
Gains from financial items helped pushed up profit for the holding company for Blystad's shipping, offshore and real estate empire.
An annual report shows Songa logged a net profit of nearly NOK 121m ($12.8m) in 2019, reversing a loss of NOK 361m a year earlier.
