NOTE 6 – INTANGIBLE ASSETS
| USDm | 2017 | 2016 | 2015 |
| Goodwill | |||
| Cost: | |||
| Balance as of 1 January | 11.4 | 11.4 | - |
| Additions during the year | - | - | 11.4 |
| Balance as of 31 December | 11.4 | 11.4 | 11.4 |
| Impairment losses: | |||
| Balance as of 1 January | -11.4 | - | - |
| Impairment losses for the year | - | -11.4 | - |
| Balance as of 31 December | -11.4 | -11.4 | - |
| Carrying amount as of 31 December | - | - | 11.4 |