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Pensions (Details) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2020 USD ($) Participant | Dec. 31, 2019 USD ($) | Dec. 31, 2018 USD ($)
Pensions [Abstract] |  |  |  |
Number of participants in benefit plan | Participant |  | 12 |  |
Defined Benefit Pension Plan [Abstract] |  |  |  |
Minimum age to entitled 70% of base salary at retirement date |  | 67 years |  |
Percentage of base salary entitled at retirement date |  | 70.00% |  |
Calculation of Annual Pension Costs [Abstract] |  |  |  |
Current service cost |  | $ 293 | $ 406 | $ 403
Financial costs |  | 9 | 14 | 10
Pension costs for the year |  | 302 | 420 | 413
Pension liability recorded in balance sheet [Abstract] |  |  |  |
Present value of the defined benefit obligation |  | 1,793 | 2,494 | 1,971
Fair value of plan assets |  | (1,362) | (1,788) | (1,614)
Net pension obligation |  | 431 | 707 | 357
Remeasurement loss/(gain) |  | 181 | (287) | 182
Net balance sheet recorded pension liability |  | 612 | 420 | 539
Change in Gross Pension Obligation [Abstract] |  |  |  |
Gross obligation January 1 |  | 1,439 | 2,090 | 1,708
Current service cost |  | 289 | 401 | 398
Interest charge on pension liabilities |  | 31 | 54 | 42
Past service cost - curtailment/plan amendment |  | 0 | 0 | 0
Settlement (gain) |  | 0 | 0 | 0
Social security expenses |  | (37) | (31) | (57)
Remeasurements loss/(gain) |  | 73 | (1,055) | 119
Exchange rate differences |  | 71 | (21) | (119)
Gross pension obligation December 31 |  | 1,866 | 1,439 | 2,090
Change in Gross Pension Assets [Abstract] |  |  |  |
Fair value plan asset January 1 |  | 1,019 | 1,551 | 1,282
Interest income |  | 18 | 36 | 27
Settlement |  | 0 | 0 | 0
Employer contribution |  | 266 | 216 | 404
Remeasurements (loss)/gain |  | (108) | (768) | (63)
Exchange rate differences |  | 58 | (16) | (99)
Fair value plan assets December 31 |  | 1,254 | $ 1,019 | $ 1,551
Estimated contribution to pension plan in 2021 |  | $ 234 |  |
Assumptions [Abstract] |  |  |  |
Discount rate |  | 1.70% | 2.30% | 2.60%
Yield on pension assets |  | 1.70% | 2.30% | 2.60%
Wage growth |  | 2.25% | 2.25% | 2.75%
G regulation | [1] | 2.00% | 2.00% | 2.50%
Pension adjustment |  | 0.00% | 0.50% | 0.80%
Average remaining service period |  | 19 years | 19 years | 18 years
[1] | Increase of social security base amount ("G") as per Norwegian regulations.

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- Definition Amount of (increase) decrease to benefit obligation of defined benefit plan from irrevocable action relieving primary responsibility for benefit obligation and eliminating risk for obligation and assets used to effect settlement. Includes, but is not limited to, lump-sum cash payment to participant in exchange for right to receive specified benefits, purchase of nonparticipating annuity contract and change from remeasurement. + References No definition available. + Details
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- Definition The decrease (increase) in a net defined benefit liability (asset) resulting from exchange rate differences of that net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)] + References No definition available. + Details
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- Definition Defined benefit pension plan, minimum age to entitled seventy percentage of base salary at retirement date. + References No definition available. + Details
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- Definition The discount rate used as the significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 144 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_144&doctype=Standard -URIDate 2020-01-01 + Details
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