▁no ▁longer ▁ent a iled ▁confidence ▁among ▁customers . ▁As ▁the ▁only ▁prof itable ▁part ▁of ▁N D , ▁it ▁was ▁able ▁to ▁make ▁a ▁N OK   1 0 0 - mill ion ▁profit ▁in ▁ 1 9 9 2 . ▁The ▁re venue ▁and ▁marg ins ▁were ▁being ▁made ▁on ▁s elling ▁Sin tr an - based ▁systems ▁to ▁existing ▁customers , ▁and ▁was ▁described ▁by ▁an ▁anal yst ▁as ▁" h aving ▁a ▁mon opol y ▁of ▁a ▁mel ting ▁ice berg " ▁and ▁that ▁the ▁company ▁was ▁not ▁creating ▁a ▁new ▁customer ▁base ▁of ▁non - S in tr an ▁systems . ▁Nor sk ▁Data ▁was ▁del isted ▁from ▁Os lo ▁Stock ▁Exchange ▁on ▁ 2 ▁March ▁ 1 9 9 3 . ▁Formula ▁Open ▁So ft ▁was ▁sold ▁to ▁Mer k ant ild ata ▁effective ▁ 1 ▁April . ▁ ▁N D ▁started ▁deb t ▁settlement ▁proceed ings ▁at ▁Os lo ▁District ▁Court ▁on ▁ 1 1 ▁May ▁ 1 9 9 3 . ▁Nor sk ▁Data ▁merged ▁with ▁Nord ic ▁Data ▁and ▁Com ma ▁on ▁ 3 1 ▁December ▁to ▁create ▁Com ma ▁Data ▁Services , ▁which ▁had ▁ 8 0 0 ▁employees . ▁All ▁N D ▁share hold ers ▁lost ▁their ▁values , ▁the ▁credit ors ▁received ▁ 2 5 ▁percent ▁of ▁their ▁claims ▁and ▁the ▁new ▁company ▁became ▁owned ▁by ▁the ▁two ▁largest ▁credit ors , ▁Den ▁n ors ke ▁Bank ▁( 7 0 ▁percent ) ▁and ▁F ok us ▁Bank ▁( 3 0 ▁percent