Consilium AB
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Farstad Shipping ASA - Detailed information
Start page > Search result Company:F > Farstad Shipping ASA
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Farstad Shipping ASA

Contact
VAT number:934 021 592
Company:Farstad Shipping ASA
Address:Pb 1301 Sentrum
NO-6001 Ålesund
Visiting address:Notenesgata 14
County:Møre og Romsdal
Telephone:+47 70117500
Fax:+47 70117501
E-mail:post@farstad.no
Website:www.farstad.no
Contact persons
Chairman of the board:Sverre Andreas Farstad
Managing Director/CEO:Karl-Johan Bakken
Business information
Established:
Subsidiary company to:
Stock-exchange listing:Listed

B61 Water transport (Shipping companies)
- 61 Water transport
Rankings
Rang in Norway (incl. subsidiaries) byRank in the Nordic countries (incl. subsidiaries) by
- Number of employees:97- Number of employees:639
- Total assets:134- Total assets:532
- Net turnover:256- Net turnover:1099
- Net profit:100- Net profit:314

B61 Water transport (Shipping companies)
Rank in industry in Norway byRank in industry in the Nordic countries by
- Number of employees:3- Number of employees:11
- Return on assets
(ROA):		164- Return on assets
(ROA):		270
- Total assets:11- Total assets:21
- Profitability:71- Profitability:101
- Net turnover:16- Net turnover:36
- Return on equity
(ROE):		183- Return on equity
(ROE):		334
- Net profit:7- Net profit:13
- Solvency:138- Solvency:244
Closing information (x1000 DKK)
Fiscal year200812 (consolidated)200712 (consolidated)200612 (consolidated)
Net turnover 3.019.674 2.514.304 1.940.910
  - exports
Foreign sales
Financial expenses 307.942 250.138 167.674
Earnings before taxes 909.268 925.207 574.861
Total assets 10.912.330 9.347.515 8.074.740
Current assets 2.440.614 2.008.925 1.454.395
Current liabilities 1.187.963 1.166.161 879.168
Equity capital 4.439.988 3.430.107 3.533.712
  - share capital 39.000 39.000 39.000
Employees (average) 1.600
  - in Norway 460 28.8%
  - abroad 1.140 71.3%
Shareholders
Investments in fixed assets

The closing information is gathered directly from the companies or from UC (Sweden), Experian (Norway), KOB (Denmark) and Asiakastieto (Finland).

Financial ratios
Fiscal year200812 (consolidated)200712 (consolidated)200612 (consolidated)
Solvency 40.7% 36.7% 43.8%
Turnover per employee 1.887
Earnings as % of turnover 30.1% 36.8% 29.6%
Return on assets
(ROA)		 11.2% 12.6% 9.2%
Current ratio 205.4% 172.3% 165.4%
Return on equity
(ROE)		 20.5% 27.0% 16.3%