Craft

Solstad Farstad

Stock Price

KR32.5

2024-10-29

Market Capitalization

KR3.5 B

2024-10-29

Revenue

$290.4 M

FY, 2025

Solstad Farstad Summary

Company Summary

Overview
Solstad Farstad operates offshore service and construction vessels for renewable energy at sea and offshore petroleum industry. The Company operates in three segments: Anchor-Handling Vessels, Platform Supply Vessels, and Construction Service Vessels. It offers anchor-handling vessels delivering services related to rig moves, and anchoring of rigs and other devices at sea; platform supply vessels that deliver services relating to the transportation of material to offshore installations; and construction service vessels delivering services relating to the development of sub sea and floating installations.
Type
Public
Status
Active
Founded
1964
HQ
Karmøy, NO | view all locations
Website
https://www.solstad.com/
Cybersecurity rating
Sectors

Key People

  • Lars Peder Solstad

    Lars Peder Solstad, Chief Executive Officer

    • Harald Espedal

      Harald Espedal, Chairman of the Board

      • Kjetil Ramstad, Chief Financial Officer

        • Anders Hall Jomaas

          Anders Hall Jomaas, Chief Financial Officer

          LocationsView all

          13 locations detected

          • Karmøy, Rogaland HQ

            Norway

            39 Nesavegen

          • Bibra Lake, WA

            Australia

          • Bibra Lake, WA

            Australia

            86 Discovery Dr

          • Perth, WA

            Australia

            level 6/16 St Georges Terrace

          • RJ

            Brazil

            Av. Rio Branco, 1 - 1509 - Centro

          • RJ

            Brazil

            R. Abílio Moreira de Miranda, 606 - Imbetiba

          and 7 others

          Solstad Farstad Financials

          Summary Financials

          Revenue (Q1, 2026)
          $86.0M
          Gross profit (Q1, 2026)
          $86.0M
          Net income (Q1, 2026)
          $29.0M
          Cash (Q1, 2026)
          $77.0M
          EBIT (Q1, 2026)
          $38.0M
          Enterprise value
          $4.0B

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