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
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
(3.85 billion Norwegian Kroner [US$473.35 million]
of which 100%
was Offshore Support Services).
During the year ended December of 2015, sales at
Farstad Shipping ASA were NOK 4.02 billion (US$493.65 million).
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)
Other (up 2.7% to NOK 17.35 million)