Atlantic Petroleum's net equity is negative DKK 75 million
After a profit of just one million DKK, equity in Atlantic Petroleum remains in the red with a negative DKK 75.3 million, according to the report from the company.
BY RITZAU FINANS
Atlantic Petroleum emerged from the second quarter with a profit of DKK 1.1 million after tax (EUR 150,000). Net equity, however, remains negative, shows the report. The small Faroese oil company is attempting to find its feet after several years of major economic difficulties and a divestment of the main assets.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Danish-Polish gas pipeline closer to reality
For subscribers
Big disappointment for Statoil in the Barents Sea
For subscribers
Divestment ensures profit for Atlantic Petroleum
For subscribers
