Solstad Farstad ASA operates within the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Solstad Farstad ASA with three other
companies in this sector in Norway:
Ocean Yield ASA
sales of 2.41 billion Norwegian Kroner [US$297.89 million]
of which 48%
Havila Shipping ASA
(1.06 billion Norwegian Kroner [US$131.22 million]
of which 43%
was PSV-Platform Supply Vessel), and
(3.97 billion Norwegian Kroner [US$490.96 million]
of which 100%
was Offshore Support Services).
During the year ended December of 2016, sales at
Solstad Farstad ASA were NOK 2.58 billion (US$319.16 million).
decrease of 29.4%
versus 2015, when the company's sales were NOK 3.66 billion.
Contributing to the drop in overall sales was the 76.2% decline
in Plattform Supply Vessels (Psv), from NOK 383.43 million to NOK 91.31 million.
There were also decreases in sales in
Construction Service Vessels (Csv) (down 14.4% to NOK 2.00 billion)
Anchor-Handling Vessels (Ahts) (down 47.5% to NOK 492.14 million)