Good morning, and welcome to Fjord Defence Group's ASA presentation for the Q1 of 2026. It will be me, Jon Asbjørn Bø, as the CEO, and Øyvind Mølmann as CFO. We will conduct this presentation. In February 2026, we completed the acquisition of Scanfiber Composites. As we announced, we were buying in Q4 2025. We've done the substantial offering for shareholders that were not a part of the previous private placement of NOK 25 million. The company recorded a record high order book at the year-end 2025, and we have still been growing that throughout the Q1. If we look at the pro forma numbers of the group on the defense side, and we include Frydenbø Milpro, which we have acquired, we have a revenue about NOK 80 million, with 15% EBITDA margin. We expect further growth throughout the next years, and one of the big things now is we are really trying to prepare the companies to meet the higher demand. If we look at the general assembly, we elected a new board with a new chairperson, Niels Ihloff. We also have Emilie Mehl as board member. Ketil Skorstad was re-elected. We are on track to do exactly what we were planning to do. As mentioned, we have acquired a new company, Frydenbø Milpro. That is a company that are offering small RIBs and boats for the defense market, and especially success in Norway and in Sweden. We do think that is a very good and strong addition to the already two companies that we have in the group. They are specialized in boats less than 10 meters and are led by CEO Trond Unnerud, which have 20, 30 years of marine sector experience and also led the company since they were doing that for Frydenbø Milpro in, I guess it was about 2014. They have a large customer base, and they have a very strong growth over the last years. They always have made money, which is important for us to meet our requirements. If we are looking at Fjord Defence AS, I have to say now I can really talk about a customer, not just an OEM, which we are required to do when we put out press releases. We have supplied and are a supplier for the Leopard, that for the anti-drone system and the short distance defense of the Leopard. We have now supplied to Norway and are in a contract for several other customers. We look at Fjord Defence AS as a whole, we can see that we have moved into new building where we have the possibility to increase the revenue up to 6 to 10 times more for the capacity. We have successfully recruited my replacement. We have built up a U.S. head of business development, a new one, and additional logistic and procurement and assembly people. We have done quite a lot to prepare for the coming years. We look at Scanfiber, we have, together with previous owner and as also the CEO of the company, recruited a new CEO, because the one we have today, he wanted to work a little bit less. We have got hold of a man called Petter Bertilsson, which has more than 20 years' experience in defense ballistic protection. We are really satisfied with that. We have recruited one more salesperson in the organization and are working on building up also international sales team. What we are doing at the moment is to prepare the production facilities for the ramp-up, as we expect will be coming from 2027 and onwards. An important part we told when we bought the company inside the facility today with smaller investments, we can double the revenue, and we are on the way to doing that with smaller investments. If we look closer on Frydenbø Milpro, I will say this is a very exciting company in Norway, which are an integrator for boats below 10 meters. They are working with the customers to provide exactly what they need for the different missions. They have a good customer relationship, they have strong supplier chain, and they have a very strong financial performance. We are very happy that we can integrate Frydenbø Milpro AS into our family, and we see strong connections with the other companies we have also, both on expanding the customer base and also some of the small technical things. I will leave the floor to Øyvind Mølmann, our CFO. Thank you, Jon Asbjørn Bø. Good morning, everybody. We have, as usual, prepared pro forma financials going back in time in order to show the organic development in the companies we have acquired. As you can see here, we already have demonstrated a very strong growth in the revenue part with a compounded average growth rate of 50% from 2022 to 2025, and accordingly, 100% growth rate regarding the EBITDA. You see the turnover at end of 2025 here stops at NOK 335, while on the right-hand side, the Q1 this year is showing NOK 340. There is a growth from 2025 to Q1. We will also see that on the next slide here regarding the order book. We have NOK 300 million in year-to-go order book. If you add that to the NOK 80 million, we have in the Q1 this year in turnover, you already are at NOK 380 million in turnover for 2026. There will be more order intake than the current NOK 300 million for the year to go. That underpins the estimate we have given and guiding for this year's turnover from NOK 420 -NOK 450 million, as we expect for the current three entities we own. Overall, we are very satisfied with this order book, NOK 300 million a year to go, and then NOK 95 million for next year, NOK 140 million for 2028 and the years after, and a total of NOK 535 million. What we see in general is that the order book tends to be, it is growing and it is becoming with a longer tail. That reduces the risk for future turnover in the group, and I think that will be a development that continues. Into the details for the Q1. There is a growth year-over-year on the Defense Segment, as you can see from Q1 2025 with NOK 76 million and up to NOK 80 million, a growth of 6%. This can vary quarter-over-quarter, as we have mentioned previously, but you will see that if you consider the Defense Segment totally, there is less variation than in each of the companies. For instance, if you look at the contribution margin, you will have 36% in 2025, 37% this year, while if you consider each company, there are great variations. We will, going forward, be focusing on the Defense Segment as a total, and that goes without saying when we add company after company after company. That would be the case. As we have mentioned before, legacy becomes less and less significant in the total. I would like to focus on the rightmost column here, which is showing still for the group, the adjusted EBITDA of NOK 7.2 million, having added back unrealized loss at NOK 6.7 for the Capsol shares, not any cash effect, and also NOK 4.2 million in transaction costs in the Q1, of which half a million NOK is related to a case we abandoned for this year and the rest of it is of course linked to the acquisition of Scanfiber Composites. It is important to understand that down to EBITA, the elements are cash elements. While if we go further down to the EBIT, you have non-cash elements, which is the NOK 14.4 amortization for the multi-client library that has got no cash effect, but we have tax deductibility for it. Then it's NOK 7.3 million in PPA amortizations linked to the previous acquisitions for Scanfiber and for Fjord Defence, of course. No cash effect and no tax effect. I would say these are merely for information purposes without any heavy economical consequence, no cash consequence of this. Please focus on the EBITA line, in particular for the defense segment, showing earnings of NOK 12.5 million in the Q1 this year. With that, I leave it back to you, Jon Asbjørn Bø. Yes, please. Yes, to summarize it, if we first look at our compounding strategy that we defined in June last year, we think we are on a good way to meet what we set out to do with a revenue scenario of NOK 2 billion in three years. We have successfully acquired three companies on the group level. All these companies are meeting all the requirements. It is the revenue side between NOK 100 -NOK 1 billion. The profitability of ±15%. Have clear organic growth potential, all three companies. They have no distinct products that are required for a technologically breakthrough to succeed. All three companies have a strong management. Foremost, also important, we have also said that this should be watered in for existing shareholders, and I think that we have proven after we did Fjord Defence AS that via Scanfiber and also now with Frydenbø Milpro, that we are also focusing on that part for the shareholders. To sum up, we expect a good growth for the defense segment, especially after 2026. We have an all-time record on the order backlog. As we are required to announce when we are announcing a new purchase of a company that we already are in strategic dialogue with our new potential company to buy. I do think we are on track with what we say. We have focused both on the buy and the build, and there have been a lot of focus on the build, but we also managed to do the buy side, meeting our requirements. I think in the future, we will focus now on making the organization strong enough to existing growth, both on the buy side and also on the build side. With this, I would like to thank you for listening for our Q1 presentation. Thank you very much