Company Akastor ASA

Equities

AKAST

NO0010215684

Oil Related Services and Equipment

Market Closed - Oslo Bors 11:45:00 2024-03-18 am EDT 5-day change 1st Jan Change
11.08 NOK +0.91% Intraday chart for Akastor ASA +0.36% -4.97%

Business Summary

Akastor ASA, formerly Aker Solutions ASA, is a Norway-based oil-services investment company with a portfolio of industrial and financial holdings. The Company has three reportable segments: HMH, a premier drilling solutions provider, AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services to the oil and gas industry and AGR, a well design and drilling project management company. Akastor ASA's portfolio includes such companies as DDW Offshore AS, an owner of 5 mid-sized Anchor Handling Tug Supply (AHTS) vessels, Odfjell Drilling AS, an international drilling, well service ad engineering company, Awilco Drilling PLC, a North Sea drilling contractor and Cool Sorption A/S, a supplier of Vapour Recovery Units (VRU) and systems.

Number of employees: 412

Sales per Business

NOK in Million2021Weight2022Weight Delta
Adjustments of Joint Venture
-746.9 %
-2,688 -282.1 % -7,902 -746.9 % +193.97%
HMH (Joint Venture)
612.2 %
1,419 148.9 % 6,477 612.2 % +356.45%
AKOFS Offshore (Joint Venture)
134.7 %
1,269 133.2 % 1,425 134.7 % +12.29%
AGR
74.6 %
723 75.9 % 789 74.6 % +9.13%
Other Holdings
25.4 %
230 24.1 % 269 25.4 % +16.96%

Sales per region

NOK in Million2021Weight2022Weight Delta
Norway
73.6 %
663 69.6 % 779 73.6 % +17.50%
Australia
9.8 %
75 7.9 % 104 9.8 % +38.67%
United Kingdom
8.6 %
128 13.4 % 91 8.6 % -28.91%
Denmark
7.8 %
79 8.3 % 82 7.8 % +3.80%
Other Countries
0.2 %
3 0.3 % 2 0.2 % -33.33%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 14-06-30
Chief Executive Officer 58 09-06-30
Director of Finance/CFO 39 13-12-31
Compliance Officer - 18-04-30
Compliance Officer - 14-12-31
Chief Investment Officer - 14-12-31
Chief Investment Officer 53 14-12-31
Comptroller/Controller/Auditor - 21-12-31
Comptroller/Controller/Auditor - 13-12-31
Comptroller/Controller/Auditor - 17-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 -
Director/Board Member 54 -
Chief Executive Officer 54 14-06-30
Director/Board Member 60 14-08-31
Director/Board Member 65 -
Director/Board Member - 15-12-31
Director/Board Member - 16-12-31
Director/Board Member 46 16-12-31
Director/Board Member 64 14-08-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 272,014,836 98,646,238 ( 36.27 %) 1,813,974 ( 0.6669 %) 36.27 %

Shareholders

NameEquities%Valuation
AKER ASA
36.70 %
100,565,292 36.70 % 106 M kr
Newtyn Management LLC
15.01 %
41,122,233 15.01 % 44 M kr
Government of Norway
12.08 %
33,100,085 12.08 % 35 M kr
17,441,290 6.365 % 18 M kr
MH Capital AS
1.460 %
4,000,000 1.460 % 4 M kr
F2 Funds AS
1.204 %
3,300,000 1.204 % 3 M kr
F1 Funds AS
0.9563 %
2,620,180 0.9563 % 3 M kr
PIMCO Europe Ltd.
0.8523 %
2,335,410 0.8523 % 2 M kr
2,300,000 0.8394 % 2 M kr
AKASTOR ASA
0.6620 %
1,813,974 0.6620 % 2 M kr

Holdings

NameEquities%Valuation
6,060,771 4.72% 6,918,916 $
1,813,974 0.66% 1,920,218 $

Company contact information

Akastor ASA

Building B Oksenøyveien 10

1366, Lysaker

+47 21 52 58 00

http://www.akastor.com
address Akastor ASA(AKAST)

Group companies

NameCategory and Sector
Other Transportation
Oilfield Services/Equipment
Contract Drilling
Oilfield Services/Equipment
Trucks/Construction/Farm Machinery