FARSTAD SUPPLY AS
Keywords
offshoresupplyservice servicessea transporttechnical personnelfloating installationsequipmentgoodsoffshore operations
Organization
- CEO
- GC
Gary Cunningham1989
- Chairman of the board
- GA
- Years since formation
- 28 years
- since Jul 8, 1997
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,471,245
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 117,658,000
- NOK
- Annual total result 2023
- 17,247,000
- NOK
- Total equity 2023
- -748,399,000
- NOK
Last update: Oct 9, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
GC 1989 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
GC 1989 | Board Member | - |
GA | Chairman | - |
EK 1970 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: May 22, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,471,245 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 15,700,000Operating profit 2023: NOK 321,000Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 117,658,000 | 278,848,000 | 1,630,165,000 |
Annual Total Result | 17,247,000 | 22,467,000 | 47,951,000 |
Total assets | 225,729,000 | 330,073,000 | 3,875,362,000 |
Total liabilities | 974,128,000 | 1,106,586,000 | 6,601,865,000 |
Total equity | -748,399,000 | -776,513,000 | -2,726,503,000 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 117,658,000 | 278,848,000 | 1,630,165,000 |
Total operating costs | 32,315,000 | 73,499,000 | 654,095,000 |
Operating result | 21,479,000 | 127,825,000 | 24,417,000 |
Financial income/costs | -9,267,000 | -43,038,000 | -109,182,000 |
Profit before tax | 17,247,000 | 22,887,000 | 51,806,000 |
Total tax & extraordinary income/cost | 0 | 420,000 | 3,855,000 |
Annual Total Result | 17,247,000 | 22,467,000 | 47,951,000 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 0 | 95,861,000 | 3,271,305,000 |
Total current assets | 225,729,000 | 234,211,000 | 604,056,000 |
Total assets | 225,729,000 | 330,073,000 | 3,875,362,000 |
Short term debt | 974,128,000 | 927,093,000 | 1,474,665,000 |
Long term debt | 0 | 179,493,000 | 5,127,201,000 |
Total liabilities | 974,128,000 | 1,106,586,000 | 6,601,865,000 |
Contributed capital | 2,311,518,000 | 2,311,518,000 | 383,995,000 |
Retained earnings | -3,059,917,000 | -3,088,031,000 | -3,110,498,000 |
Total equity | -748,399,000 | -776,513,000 | -2,726,503,000 |
Total equity and liabilities | 225,729,000 | 330,073,000 | 3,875,362,000 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
H
Main industrial area
Transportation and storage
50
Activity
Water transport
50.2
Main industrial group
Sea and coastal freight water transport
50.20
Industrial group
Sea and coastal freight water transport
50.204
Industrial group
Supply and other sea transport offshore services