Industry Breakdown of Companies
in Faroe Islands
Explore more than 4,091 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 4,091 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 (3,177 companies in total), followed by Finance, Insurance, and Real Estate (337) and Services (152).
Faroe Islands: TOP Industries 4,091 registered companies
| Industry, Number of Companies | Number of Companies |
Market Share | ||
|---|---|---|---|---|
| Unknown industry 3,177 77.7% | 3,177 | 77.7% | ||
| Finance, Insurance, and Real Estate 337 8.2% | 337 | 8.2% | ||
| Services 152 3.7% | 152 | 3.7% | ||
| Retail Trade 98 2.4% | 98 | 2.4% | ||
| Wholesale Trade 81 2.0% | 81 | 2.0% | ||
| Construction 54 1.3% | 54 | 1.3% | ||
| Transportation, Communications, Electric, Gas, and Sanitary Services 52 1.3% | 52 | 1.3% | ||
| Agriculture, Forestry, and Fishing 49 1.2% | 49 | 1.2% | ||
| Public Sector 48 1.2% | 48 | 1.2% | ||
| Manufacturing 40 1.0% | 40 | 1.0% | ||
| 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 (77.66%), Closed-end investment office (3.72%) and Holding company (3.62%).
Faroe Islands: Breakdown of Companies by SIC Code 4,091 registered companies
Faroe Islands: TOP 10 Companies with Highest Sales
According to our database, companies registered in the Faroe Islands generated € 5,572,670,387 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 4,091 registered companies
| Company Name, Sales & Share | Sales | Market Share | ||
|---|---|---|---|---|
| 1. | P/F Bakkafrost Farming € 336.6M 6.04% | € 336.6M | 6.04% | |
| 2. | P/F Havsbrún € 327.1M 5.87% | € 327.1M | 5.87% | |
| 3. | P/F Effo € 229.8M 4.12% | € 229.8M | 4.12% | |
| 4. | P/F Bakkafrost Processing € 204M 3.66% | € 204M | 3.66% | |
| 5. | P/F Magn € 200.7M 3.6% | € 200.7M | 3.6% | |
| 6. | P/F Smyril-Line € 192.6M 3.46% | € 192.6M | 3.46% | |
| 7. | P/F Luna € 135.4M 2.43% | € 135.4M | 2.43% | |
| 8. | P/F Faroe Ship € 104.4M 1.87% | € 104.4M | 1.87% | |
| 9. | P/F Atlantic Airways, Faroe Islands € 99.47M 1.79% | € 99.47M | 1.79% | |
| 10. | P/F S.M.S. € 86.87M 1.56% | € 86.87M | 1.56% | |
| Total Sales of the TOP 10 Companies | € 1.917B | 34.4% |
Faroe Islands: Top 10 Companies with Highest Number of Employees
According to our database, companies registered in the UK employ 13,029 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 Thor (350).
Faroe Islands: Top 10 Companies with Highest Number of Employees 4,091 registered companies
| Company Name, Employees & Share | Number of Employees | Market Share | ||
|---|---|---|---|---|
| 1. | Landssjukrahusio Dronning Alexandrines Hospital. 820 6.29% | 820 | 6.29% | |
| 2. | Elfelagid Sev 409 3.14% | 409 | 3.14% | |
| 3. | P/F Thor 350 2.69% | 350 | 2.69% | |
| 4. | P/F S.M.S. 350 2.69% | 350 | 2.69% | |
| 5. | P/F Banknordik 350 2.69% | 350 | 2.69% | |
| 6. | P/F Faroe Ship 150 1.15% | 150 | 1.15% | |
| 7. | Sp/F Nolsø Shipping 150 1.15% | 150 | 1.15% | |
| 8. | Lvaá Føroya Keypssamtøka 150 1.15% | 150 | 1.15% | |
| 9. | P/F Postverk Føroya 150 1.15% | 150 | 1.15% | |
| 10. | P/F P.P. Faroe Pelagic 150 1.15% | 150 | 1.15% | |
| Total Number of Employees of the TOP 10 Companies | 3,029 | 23.25% |
Share this article
Access detailed data on Faroe Islands and 80M+ companies registered in Europe.
Ask our team how you can get started at sales@hithorizons.com.
Access detailed data on Faroe Islands and 80M+ companies registered in Europe.
Ask our team how you can get started at sales@hithorizons.com.
View Statistics for Other Countries
License Renewal Request Confirmation
Please confirm the request for your license renewal. Our sales team will contact you to discuss your options and next steps.