Aker Solutions Overview

  • Founded
  • 1840
Founded
  • Status
  • Public
  • Employees
  • 13,000
Employees
  • Stock Symbol
  • AKSO
Stock Symbol
  • Investments
  • 40
  • Share Price
  • $1.64
  • (As of Monday Closing)

Aker Solutions General Information

Description

Aker Solutions ASA provides products, systems and services to the oil and gas industry. Offerings range from subsea to surface and concept to decommissioning. Operations are divided between the subsea and field design segments. The company delivers single equipment or complete systems for all phases of a subsea field's life, including engineering, procurement, construction, installation, and commissioning. The field design business delivers services that include front end engineering design, detail engineering, procurement services, and construction management assistance. The company generates nearly half of its revenue from oil and gas participants in Norway with the rest split globally.

Contact Information

Formerly Known As
Aker Kvaerner
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Other Energy
Other Industries
Industrial Supplies and Parts
Oil and Gas Equipment
Stock Exchange
OSL
Primary Office
  • PO Box 169
  • 1325 Lysaker
  • Norway
+47 67 00 00 00
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Aker Solutions Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.64 $1.66 $0.27 - $2.18 $808M 492M 3.91M -$0.39

Aker Solutions Financials Summary

In Thousands,
USD
TTM 30-Jun-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 1,046,745 1,586,336 1,286,241 1,771,875
Revenue 2,806,200 3,324,083 3,098,388 2,716,142
EBITDA (4,685) 245,362 218,822 193,120
Net Income (106,059) 4,657 62,749 26,725
Total Assets 2,827,968 3,011,845 2,406,226 2,403,450
Total Debt 1,057,709 1,015,589 334,351 379,345
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 products, systems and services to the oil and gas industry. Offerings range from subsea to s
Other Energy
Lysaker, Norway
13,000 As of 2020
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000 000 000 000000000
Norwich, United Kingdom
0000 As of 0000
00000
000000000 00000

00000 00

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000 000 000 000000000
Houston, TX
0000 As of 0000
00000
000000 - 000 00000
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Aker Solutions Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Acteon Group Private Equity-Backed Norwich, United Kingdom 0000 00000 000000000 00000
00000 000000 00000 Formerly PE-Backed Houston, TX 0000 00000 000000 - 000 00000
000000000 Corporate Backed or Acquired Sandsli, Norway 000 000000&0
000 Corporation Yokohama, Japan 0000
00000000 000000 00 Corporation Houston, TX 0000 000.00 000000000 000.00
You’re viewing 5 of 16 competitors. Get the full list »

Aker Solutions Executive Team (28)

Name Title Board Seat Contact Info
Bunny Nooryani Chief Communications Officer
Sandeep Sachdev Information Technology Manager, Database Services
Kjetel Digre Chief Executive Officer
Luis Araujo Chief Executive Officer
Idar Eikrem Chief Financial Officer
You’re viewing 5 of 28 executive team members. Get the full list »

Aker Solutions Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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 (40)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00æ0000 10-Nov-2020 000000000000000000 Energy Infrastructure 000000 00000
000000 18-Oct-2019 000000000000000000 Alternative Energy Equipment
000000000 00000 10-Jul-2019 000000000000000000 Energy Infrastructure 0000 000000
0000000000 10-Apr-2019 00000 0000000 Energy Exploration
Strohm 15-Mar-2019 Corporate Oil and Gas Equipment 0000 0000000
You’re viewing 5 of 40 investments and acquisitions. Get the full list »

Aker Solutions Subsidiaries (7)

Company Name Industry Location Founded
Akastor Oil and Gas Equipment Lysaker, Norway 2014
000000000 00000 Energy Infrastructure Emeryville, CA 0000
0000000 0000000 Other Commercial Services Aberdeen, United Kingdom 0000
0000000000 0000000 Other Energy Services Shafter, CA 0000
000 00000000 0 000 Other Commercial Products Pinhais, Brazil 0000
You’re viewing 5 of 7 subsidiaries. Get the full list »

Aker Solutions Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 00000000 0 27-Feb-2013 000000000000000000 000.00 Completed
  • 0000 000000000
Qserv 04-Jul-2008 Merger/Acquisition 00000 Completed
To view Aker Solutions’s complete exits history, request access »