Havila Shipping ASA operates in the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Havila Shipping ASA with three other
companies in this sector in Norway:
Seabird Exploration Ltd
(2016
sales of 603.79 million Norwegian Kroner [US$76.90 million]
of which 97%
was Contract),
Eidesvik Offshore ASA
(748.80 million Norwegian Kroner [US$95.37 million]
of which 42%
was Subsea/Cable), and
Electromagnetic Geoservices Asa
(373.02 million Norwegian Kroner [US$47.51 million]
of which 100%
was Electromagnetic Services).
Sales Analysis.
Havila Shipping ASA reported sales of NOK 1.06 billion (US$135.18 million)
for the
year ending
December of 2016.
This
represents
a
sharp
decrease of 31.2%
versus 2015, when the company's sales were NOK 1.54 billion.
Contributing to the drop in overall sales was the 40.1% decline
in Psv-Platform Supply Vessel, from NOK 767.34 million to NOK 459.65 million.
There were also decreases in sales in
Subsea Construction (down 28.5% to NOK 295.26 million)
and
Ahts-Anchore Handling/tug/supply (down 19.6% to NOK 191.25 million)
and
Ahts-Anchore Handling/asia (down 21.0% to NOK 48.92 million)
.
However, these declines were partially offset by the increase in sales of
Rrv-Rescue Recovery Vessel (up 3.5% to NOK 66.24 million)
.