Norriq, one of the Dynamics resellers hammered by the European economy, narrowed its loss for 2011 by 73 percent while revenue grew by 2.4 percent over 2010. One reason for being concerned with Norriq, which has subsidiaries in Belgium, Denmark and the Netherlands, is that its Chairman Peter Thiell claimed Microsoft said it is the largest and most important partner in The Nordic Countries and “also in the most of Europe” because of the increase in new Dynamics NAV customers.