Industry Breakdown of Companies
in Faroe Islands
Explore more than 4,631 Faroe Islands-based companies available in the HitHorizons database and see top industries and biggest players with highest sales and number of employees.
According to our database, a total of more than 4,631 businesses are registered in Faroe Islands . That represents 0.01% of all companies available in the HitHorizons database. These Faroe Islands-based companies have a share of 0.01% of all sales generated by EU-based businesses and employ 0% of all EU employees.
Faroe Islands: TOP Industries
According to our database, the industry with the highest number of companies registered is Unknown industry (3,748 companies in total), followed by Finance, Insurance, and Real Estate (323) and Services (171).
Faroe Islands: TOP Industries 4,631 registered companies
| Industry, Number of Companies | Number of Companies |
Market Share | ||
|---|---|---|---|---|
| Unknown industry 3,748 80.9% | 3,748 | 80.9% | ||
| Finance, Insurance, and Real Estate 323 7.0% | 323 | 7.0% | ||
| Services 171 3.7% | 171 | 3.7% | ||
| Retail Trade 100 2.2% | 100 | 2.2% | ||
| Wholesale Trade 82 1.8% | 82 | 1.8% | ||
| Construction 55 1.2% | 55 | 1.2% | ||
| Transportation, Communications, Electric, Gas, and Sanitary Services 55 1.2% | 55 | 1.2% | ||
| Agriculture, Forestry, and Fishing 44 1.0% | 44 | 1.0% | ||
| Manufacturing 40 0.9% | 40 | 0.9% | ||
| Public Sector 10 0.2% | 10 | 0.2% | ||
| Mining 3 0.1% | 3 | 0.1% |
Faroe Islands: Breakdown of Companies by SIC Code
The Standard Industrial Classification (SIC Code) is used to assign companies to specific industries. According to our database, the top 3 SIC Codes for Faroe Islands are Non classified establishment (80.93%), Investor (3.09%) and Holding company (3.07%).
Faroe Islands: Breakdown of Companies by SIC Code 4,631 registered companies
Faroe Islands: TOP 10 Companies with Highest Sales
According to our database, companies registered in the Faroe Islands generated € 7,319,273,771 in sales, which represents 0.01% of all sales generated by companies available in the HitHorizons database.
Faroe Islands: TOP 10 Companies with Highest Sales 4,631 registered companies
| Company Name, Sales & Share | Sales | Market Share | ||
|---|---|---|---|---|
| 1. | P/F Bakkafrost Sales € 687.7M 9.4% | € 687.7M | 9.4% | |
| 2. | P/F Havsbrún € 442.2M 6.04% | € 442.2M | 6.04% | |
| 3. | P/F Bakkafrost Farming € 419.7M 5.73% | € 419.7M | 5.73% | |
| 4. | P/F Bakkafrost Processing € 234.9M 3.21% | € 234.9M | 3.21% | |
| 5. | P/F Tjaldur € 228.3M 3.12% | € 228.3M | 3.12% | |
| 6. | P/F Effo € 191.3M 2.61% | € 191.3M | 2.61% | |
| 7. | P/F Smyril-Line € 184.4M 2.52% | € 184.4M | 2.52% | |
| 8. | P/F Luna € 168.4M 2.3% | € 168.4M | 2.3% | |
| 9. | P/F Vardin € 163.4M 2.23% | € 163.4M | 2.23% | |
| 10. | P/F Magn € 134.4M 1.84% | € 134.4M | 1.84% | |
| Total Sales of the TOP 10 Companies | € 2.855B | 39% |
Faroe Islands: Top 10 Companies with Highest Number of Employees
According to our database, companies registered in the UK employ 12,117 people, which represents 0% of all people employed by companies available in the HitHorizons database. The company with the highest number of employees is Landssjukrahusio Dronning Alexandrines Hospital. (820), followed by Elfelagid Sev (409) and P/F Foroya Banki (350).
Faroe Islands: Top 10 Companies with Highest Number of Employees 4,631 registered companies
| Company Name, Employees & Share | Number of Employees | Market Share | ||
|---|---|---|---|---|
| 1. | Landssjukrahusio Dronning Alexandrines Hospital. 820 6.77% | 820 | 6.77% | |
| 2. | Elfelagid Sev 409 3.38% | 409 | 3.38% | |
| 3. | P/F Foroya Banki 350 2.89% | 350 | 2.89% | |
| 4. | P/F Thor 350 2.89% | 350 | 2.89% | |
| 5. | P/F S.M.S. 350 2.89% | 350 | 2.89% | |
| 6. | P/F Mest 150 1.24% | 150 | 1.24% | |
| 7. | P/F Atlantic Airways, Faroe Islands 150 1.24% | 150 | 1.24% | |
| 8. | P/F Faroe Ship 150 1.24% | 150 | 1.24% | |
| 9. | P/F Smyril-Line 150 1.24% | 150 | 1.24% | |
| 10. | P/F Postverk Foroya 150 1.24% | 150 | 1.24% | |
| Total Number of Employees of the TOP 10 Companies | 3,029 | 25% |
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