 In 2004, the company had a revenue of NOK 20 million.The following general assembly in December 2005, GB Group made a private placement of NOK 11.7 million in Ofotbanen, increasing the consortium's ownership to 52%.Freight transport started in 2004, when an agreement with Norske Skog was made to transport timber along the Røros, Meråker and Nordland lines to the paper mill at Skogn.