Clipper Group's Danish unit has posted a loss for 2016 after being hit by forex and ship sale losses.
The net result for Clipper Group A/S, which controls Seatruck and Danske Faerger, was a deficit of $13m, compared to a profit of $13m in 2015.
Revenue grew to $221m from $207m, however, while operating earnings increased from $6m to $10m due to increased activity levels.
