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Farstad Shipping ASA Company Snapshot
Farstad Shipping ASA operates within the Oil and gas field services sector. In addition to historical fundamental analyses, the complete report available to purchase compares Farstad Shipping ASA with three other companies in this sector in Norway: Solstad Offshore ASA (2015 sales of 3.66 billion Norwegian Kroner [US$449.43 million] of which 64% was Construction Service Vessels (CSV)), Ocean Yield ASA (2.08 billion Norwegian Kroner [US$255.97 million] of which 54% was FPSO), and Prosafe SE (3.85 billion Norwegian Kroner [US$473.35 million] of which 100% was Offshore Support Services).

Sales Analysis. During the year ended December of 2015, sales at Farstad Shipping ASA were NOK 4.02 billion (US$493.65 million). This is a decrease of 8.1% versus 2014, when the company's sales were NOK 4.37 billion. Contributing to the drop in overall sales was the 18.6% decline in Psv, from NOK 1.55 billion to NOK 1.26 billion. There were also decreases in sales in Ahts (down 13.4% to NOK 2.19 billion) . However, these declines were partially offset by the increase in sales of Subsea (up 99.5% to NOK 549.92 million) and Other (up 2.7% to NOK 17.35 million) .
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Farstad Shipping ASA
  Stock Performance Chart for Farstad Shipping ASA
  Stock Data: Recent Stock Performance:
  Current Price (10/21/2016): 6.95
(Figures in Norwegian Kroner)
1 Week 8.6%   13 Weeks -7.1%  
4 Weeks -25.6%   52 Weeks -39.6%  
Farstad Shipping ASA Key Data:
  Ticker: FAR Country: Norway
  Exchanges: OSL Major Industry: Energy
    Sub Industry: Oil & Gas Field Services
  2015 Sales 4,015,695,000
(Year Ending Jan 2016).
Employees: 2,100
  Currency: Norwegian Kroner Market Cap: 271,050,000
  Fiscal Yr Ends: December Shares Outstanding: 39,000,000
  Share Type: Ordinaere Aksje Closely Held Shares: 19,140,828
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