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 2.58 billion Norwegian Kroner [US$307.13 million]
of which 77%
was Construction Service Vessels (CSV)),
(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%
During the year ended December of 2016, sales at
Farstad Shipping ASA were NOK 2.69 billion (US$320.29 million).
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)
Other (up 7.3% to NOK 18.62 million)