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Last 37.20 NOK
Change Today +1.10 / 3.05%
Volume 12.2K
FAR On Other Exchanges
Symbol
Exchange
Oslo
Stuttgart
As of 10:25 AM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for farstad shipping (FAR)

Year over year, Farstad Shipping ASA has seen their bottom line shrink from a gain of 260.1M NOK to a loss of 8.3M NOK despite an increase in revenues from 4.0B NOK to 4.4B NOK. An increase in the percentage of sales devoted to cost of goods sold from 55.20% to 56.92% was a key component in the falling bottom line in the face of rising revenues.
View Income Statement In U.S. Dollar
Currency in
Millions of Norwegian Krones
As of:Dec 31
2011
Reclassified
NOK
Dec 31
2012
Restated
NOK
Dec 31
2013
NOK
Dec 31
2014
NOK
4 Year
Trend
Revenues3,578.93,709.93,998.44,352.0
TOTAL REVENUES3,578.93,709.93,998.44,352.0
Cost of Goods Sold1,948.82,108.82,207.12,477.3
GROSS PROFIT1,630.11,601.11,791.31,874.7
Selling General & Admin Expenses, Total234.6288.7283.1310.2
Depreciation & Amortization, Total544.8575.9654.4754.3
Other Operating Expenses-6.0-4.1-8.7-16.9
OTHER OPERATING EXPENSES, TOTAL773.4860.6928.81,047.6
OPERATING INCOME856.7740.5862.5827.1
Interest Expense-383.1-414.5-534.3-584.0
Interest and Investment Income49.137.037.830.8
NET INTEREST EXPENSE-334.0-377.4-496.6-553.3
Currency Exchange Gains (Loss)-67.5-18.0-85.3-210.1
Other Non-Operating Income (Expenses)-12.3-10.1-7.6-29.0
EBT, EXCLUDING UNUSUAL ITEMS443.0334.9272.934.8
Impairment of Goodwill70.4------
Gain (Loss) on Sale of Assets16.9-10.37.015.0
Other Unusual Items, Total-------56.8
Other Unusual Items------45.0
EBT, INCLUDING UNUSUAL ITEMS530.3324.7280.0-7.0
Income Tax Expense-38.112.919.81.3
Earnings from Continuing Operations568.4311.8260.1-8.3
NET INCOME568.4311.8260.1-8.3
NET INCOME TO COMMON INCLUDING EXTRA ITEMS568.4311.8260.1-8.3
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS568.4311.8260.1-8.3
 

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FAR:NO 37.20 NOK +1.10

FAR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Gulfmark Offshore Inc $14.57 USD -0.44
PHI Inc $30.00 USD -0.99
Solstad Offshore ASA 48.40 NOK +1.90
Ultrapetrol Bahamas Ltd $1.20 USD -0.04
Viking Supply Ships AB €0.57 EUR -0.016
View Industry Companies
 

Industry Analysis

FAR

Industry Average

Valuation FAR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 0.2x
Price/Cash Flow 1.9x
TEV/Sales NM Not Meaningful
 | 

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