Aker Solutions Overview

  • Year Founded
  • 1840

Year Founded

  • Status
  • Public

  • Employees
  • 11,473

Employees

  • Stock Symbol
  • AKSO

Stock Symbol

  • Investments
  • 47

  • Share Price
  • $3.98
  • (As of Friday Closing)

Aker Solutions General Information

Description

Aker Solutions ASA provides integrated solutions, products and services to the world's energy industry. Aker Solutions provides low carbon oil and gas solutions, and develops renewable solutions for customers around the world. Aker Solutions reports under the following reporting segments which are Renewables and Field Development includes Offshore wind power Green onshore Traditional oil and gas platforms Onshore facilities Decommissioning and marine operations Life Cycle segments involves Optimized field life solutions Decarbonization driven solutions Offshore and onshore facilities Life cycle offerings.

Contact Information

Formerly Known As
Aker Kvaerner, Aker Solutions Holding ASA, Akers Mekaniske Verksted
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Other Equipment
Other Industries
Energy Infrastructure
Other Energy Services
Stock Exchange
OSL
Corporate Office
  • PO Box 169
  • 1325 Lysaker
  • Norway
+47 67 00 00 00

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Aker Solutions Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$3.98 $4.03 $3.20 - $4.75 $1.91B 480M 896K $2.25

Aker Solutions Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 1,727,728 1,727,728 2,010,584 1,756,261
Revenue 3,387,435 3,387,435 2,825,054 3,385,312
EBITDA 61,648 61,648 72,742 203,849
Net Income 1,098,620 1,098,620 121,996 29,453
Total Assets 4,056,183 4,056,183 3,376,051 3,272,563
Total Debt 348,069 348,069 554,547 805,671
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Aker Solutions Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Aker Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Aker Solutions ASA provides integrated solutions, products and services to the world's energy industry. Aker Solutions p
Other Equipment
Lysaker, Norway
11,473 As of 2023
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Houston, TX
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000000000 00 000.00

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000 000 000 00000000
Houston, TX
00000 As of 0000
00.00
000000000 00 00.00
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Aker Solutions Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Schlumberger Private Debt Financed Houston, TX 000000 000.00 000000000 00 000.00
Weatherford International Corporation Houston, TX 00000 00.00 000000000 00 00.00
Petrofac Formerly PE-Backed Saint Helier, United Kingdom 0000 00.000 000000000 00 00.000
John Wood Group Corporation Aberdeen, United Kingdom 00000 000000&0
Nabors Industries Corporation Hamilton, Bermuda 00000 00.000 000000000 00 00.000
You’re viewing 5 of 8 competitors. Get the full list »

Aker Solutions Patents

Aker Solutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202405378-D0 Construction of jacket wind turbine foundations Pending 16-Apr-2024
GB-202403925-D0 Floating foundations Pending 19-Mar-2024
GB-202402785-D0 Construction of floating wind turbine foundations Pending 27-Feb-2024
GB-202401993-D0 Apparatus and associated methods Pending 13-Feb-2024
GB-202401542-D0 Construction of floating wind turbine foundations Pending 06-Feb-2024
To view Aker Solutions’s complete patent history, request access »

Aker Solutions Executive Team (30)

Name Title Board Seat Contact Info
Kjetel Digre Chief Executive Officer
Stephen Bull Chief Executive Officer
Idar Eikrem Chief Financial Officer, Finance
Anders Hannevik Executive Vice President, Customers & Strategy
Vishwa Mishra Assistant Manager, Corporate Strategy
You’re viewing 5 of 30 executive team members. Get the full list »

Aker Solutions Board Members (12)

Name Representing Role Since
0000000 0000000-00 Self Board Member 000 0000
000000000 0000000 Self Board Member 000 0000
000 000000 Aker Solutions Board Member 000 0000
0000 00000 0000000 Aker Solutions Board Member 000 0000
0000 00000000 Self Board Member 000 0000
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Aker Solutions Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Aker Solutions Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Aker Solutions Investments & Acquisitions (47)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
OneSubsea Joint Venture 02-Oct-2023 00000 0000 Energy Infrastructure 000000 00
Joint Venture (Aker Solutions / Drydocks World) 03-Feb-2023 00000 0000 Construction and Engineering
Frontica Engineering 30-Jun-2022 0000000000 00.000 Construction and Engineering 000000 00
Unitech Power Systems 28-Feb-2022 0000000000 000.00 Construction and Engineering 000000 00
Windstaller Alliance 14-Oct-2021 Joint Venture Other Commercial Services 0000000 0
You’re viewing 5 of 47 investments and acquisitions. Get the full list »

Aker Solutions Subsidiaries (7)

Company Name Industry Location Founded
Frontica Engineering Construction and Engineering Kristiansand, Norway 2019
Ask Jv Marine Stavanger, Norway 0000
Principle Power Other Equipment Emeryville, CA 0000
Enovate Systems Oil and Gas Equipment Aberdeen, United Kingdom 0000
Unitech Power Systems Construction and Engineering Stavanger, Norway 0000
You’re viewing 5 of 7 subsidiaries. Get the full list »

Aker Solutions ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

21.68 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Energy Services

Industry

00 of 111

Rank

00.0

Percentile

Oil & Gas Equipment

Subindustry

00 of 88

Rank

00.00

Percentile

To view Aker Solutions’s complete esg history, request access »

Aker Solutions Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
Managed Pressure Operations 26-Feb-2013 000000000000000000 000.00 Completed
  • 0000 000000000
Cool Sorption 01-Jan-2002 Merger/Acquisition Completed
To view Aker Solutions’s complete exits history, request access »

Aker Solutions FAQs

  • When was Aker Solutions founded?

    Aker Solutions was founded in 1840.

  • Who is the CEO of Aker Solutions?

    Kjetel Digre and Stephen Bull are the CEOs of Aker Solutions.

  • Where is Aker Solutions headquartered?

    Aker Solutions is headquartered in Lysaker, Norway.

  • What is the size of Aker Solutions?

    Aker Solutions has 11,473 total employees.

  • What industry is Aker Solutions in?

    Aker Solutions’s primary industry is Other Equipment.

  • Is Aker Solutions a private or public company?

    Aker Solutions is a Public company.

  • What is Aker Solutions’s stock symbol?

    The ticker symbol for Aker Solutions is AKSO.

  • What is the current stock price of Aker Solutions?

    As of 14-Jun-2024 the stock price of Aker Solutions is $3.98.

  • What is the current market cap of Aker Solutions?

    The current market capitalization of Aker Solutions is $1.91B.

  • What is Aker Solutions’s current revenue?

    The trailing twelve month revenue for Aker Solutions is $3.39B.

  • Who are Aker Solutions’s competitors?

    Schlumberger, Weatherford International, Petrofac, John Wood Group, and Nabors Industries are some of the 8 competitors of Aker Solutions.

  • What is Aker Solutions’s annual earnings per share (EPS)?

    Aker Solutions’s EPS for 12 months was $2.25.

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