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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 (2016 sales of 2.58 billion Norwegian Kroner [US$307.13 million] of which 77% was Construction Service Vessels (CSV)), Prosafe SE (3.97 billion Norwegian Kroner [US$472.45 million] of which 100% was Offshore Support Services), and Ocean Yield ASA (2.41 billion Norwegian Kroner [US$286.66 million] of which 48% was FPSO).

Sales Analysis. During the year ended December of 2016, sales at Farstad Shipping ASA were NOK 2.69 billion (US$320.29 million). This is a sharp decrease of 33.0% versus 2015, when the company's sales were NOK 4.02 billion. Contributing to the drop in overall sales was the 46.5% decline in Psv, from NOK 1.26 billion to NOK 674.76 million. There were also decreases in sales in Ahts (down 40.0% to NOK 1.31 billion) . However, these declines were partially offset by the increase in sales of Subsea (up 25.0% to NOK 687.62 million) and Other (up 7.3% to NOK 18.62 million) .
   
   
 
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Farstad Shipping ASA
  Stock Performance Chart for Farstad Shipping ASA
 
  Stock Data: Recent Stock Performance:
  Current Price (5/19/2017): .32
(Figures in Norwegian Kroner)
1 Week 0.0%   13 Weeks 0.0%  
4 Weeks -84.3%   52 Weeks -92.7%  
 
Farstad Shipping ASA Key Data:
  Ticker: FAR Country: Norway
  Exchanges: OSL Major Industry: Energy
    Sub Industry: Oil & Gas Field Services
  2016 Sales 2,692,004,000
(Year Ending Jan 2017).
Employees: 1,500
  Currency: Norwegian Kroner Market Cap: 35,668,047
  Fiscal Yr Ends: December Shares Outstanding: 111,462,647
  Share Type: Ordinaere Aksje Closely Held Shares: 54,133,201
 
 
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