The Company accounts for investments using the equity method when the Company can exercise significant influence over operating and financial policies, but does not hold a controlling interest in the investee.


	(in thousands of USD)
Balance as of December 31, 2025	$	80,440
Share of net income (loss)	(446)
Share of other comprehensive income (loss)	(15)
Dividends	(280)
Currency translation differences	(3,487)
Balance as of March 31, 2026	$	76,212
Share of net income (loss)	988
Share of other comprehensive income (loss)	(48)
Dividends	—
Currency translation differences	(1,293)
Balance as of June 30, 2026	$	75,859

There were no equity method acquisitions or disposals during the six months ended June 30, 2026.