Fred. Olsen Energy ASA operates in the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fred. Olsen Energy ASA with three other
companies in this sector in Norway:
Songa Offshore Se
sales of 6.31 billion Norwegian Kroner [US$783.46 million]
of which 100%
(12.37 billion Norwegian Kroner [US$1.54 billion]
of which 56%
was Offshore), and
Odfjell Drilling Ltd
(5.51 billion Norwegian Kroner [US$683.88 million]
of which 66%
was Mobile Offshore Drilling Units).
Fred. Olsen Energy ASA reported sales of NOK 6.91 billion (US$858.28 million)
December of 2016.
decrease of 23.7%
versus 2015, when the company's sales were NOK 9.06 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Fred. Olsen Energy ASA had sales
of NOK 6.47 billion.
Contributing to the drop in overall sales was the 23.7% decline
in Offshore Drilling, from NOK 8.95 billion to NOK 6.83 billion.
There were also decreases in sales in
Engineering and Fabrication (down 18.5% to NOK 83.40 million)