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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about intangible assets [abstract]  
Schedule of goodwill
USDm
  
  
2025
  
  
2024
  
  
2023
GOODWILL
  
  
  
Cost:
  
  
  
Balance as of January 01
13.1
13.2
13.2
Exchange rate adjustments
0.1
(0.1)
Balance as of December 31
13.2
13.1
13.2
  
Impairment:
  
  
  
Balance as of January 01
11.4
11.4
11.4
Balance as of December 31
11.4
11.4
11.4
Carrying amount
1.8
1.7
1.8
Schedule of other intangible assets
USDm
 
2025
 
2024
 
2023
OTHER INTANGIBLE ASSETS
 
  
 
  
 
  
Cost:
 
  
 
  
 
  
Balance as of January 01
 
3.9
 
2.8
 
2.3
Exchange rate adjustments
0.3
Additions
 
2.6
 
1.1
 
0.5
Transfer from other items
 
5.0
 
 
Disposals
(0.1)
Balance as of December 31
 
11.7
 
3.9
 
2.8
Amortization:
 
  
 
  
 
  
Balance as of January 01
 
1.9
 
1.0
 
0.4
Amortization for the year
 
1.5
 
0.9
 
0.6
Transfer from other items
 
4.4
 
 
Disposals
(0.1)
Balance as of December 31
 
7.7
 
1.9
 
1.0
Carrying amount
 
4.0
 
2.0
 
1.8