Alaska Net Company

"Nevertheless, it was in the fisheries that Røkke's real fortune was located. Even after the sale of "Golden Alaska", he remained with significant interests. Røkke was a co-owner of the three small boats "Aleutian Challanger", "Ocean Leader", and "American Beauty", and had assets worth at least 10 million kroner here. Additionally, he owned shares in the company Alaska Net Company worth 5.0 million kroner. Incidentally, this was where Røkke was formally employed. And for the job as "fishery manager", Røkke could already note a yearly salary of 130,000 dollars in 1987. That amounted to 910,000 kroner – a salary that at the time would have made him one of Norway's best-paid top executives."

"If one studied the shareholder list carefully, one would find anonymous companies such as Averell AS and Alaska Net Company, the first owned by Helge Møgster, the last by Kjell Inge Røkke – the Røkke sphere had definitely intervened in the newly started commercial bank. They had discovered an old truth: Owning a bank is like being able to print money. If you inject share capital, the bank automatically gets to borrow many times that amount from Norges Bank. This was also the case with Industri & Skipsbanken. In just one year, the 150 million that had been injected by the owners was turned into 1.6 billion in loans."