Eidesvik Offshore ASA operates in the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Eidesvik Offshore ASA with three other
companies in this sector in Norway:
Petrolia SE
(2018
sales of 447.97 million Norwegian Kroner [US$48.82 million]
),
NorAm Drilling Company AS
(651.98 million Norwegian Kroner [US$71.05 million]
of which 100%
was Drilling service NorAm), and
Havila Shipping ASA
(568.62 million Norwegian Kroner [US$61.96 million]
).
Sales Analysis.
Eidesvik Offshore ASA reported sales of NOK 478.73 million (US$52.17 million)
for the
year ending
December of 2018.
This
represents
a
decrease of 20.1%
versus 2017, when the company's sales were NOK 599.29 million.
Contributing to the drop in overall sales was the 68.1% decline
in Seismic, from NOK 268.93 million to NOK 85.72 million.
There were also decreases in sales in
Subsea/cable (down 28.9% to NOK 206.31 million)
and
Other (down 12.3% to NOK 17.02 million)
.
However, these declines were partially offset by the increase in sales of
Psv/ahst (up 2.1% to NOK 180.19 million)
.