Owner injects fresh capital into A1 Offshore

A1 Offshore books a deficit of nearly USD 10 million for 2018/2019. Owner Søren Toft-Jensen has bought out two co-owners and injected USD 7.4 million.

Søren Toft-Jensen entered A1 Offshore in 2017. Now he is the sole owner. Photo: Dalhoff Casper/Ritzau Scanpix

BY NIKLAS KRIGSLUND

Published: 03.01.20 at 13:43

The troubles at offshore carrier A1 Offshore have impacted the company's bottom line.

Holding company A1 Partners has presented figures for the fiscal year 2018/19 showing a deficit of DKK 66.4 million (USD 9.89 million). The previous year's profit landed at DKK 3.3 million.