Company Akastor ASA

Equities

AKAST

NO0010215684

Oil Related Services and Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Akastor ASA

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Oil Related Services and Equipment

Market Closed - Oslo Bors Other stock markets 10:26:58 2024-04-16 am EDT			5-day change	1st Jan Change
10.8 ^NOK	-0.37%		-1.64%	-7.38%

Feb. 14	Transcript : Akastor ASA, Q4 2023 Earnings Call, Feb 14, 2024
Feb. 14	Akastor ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

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 ASAâs 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: 11

NOK in Million	2022	Weight	2023	Weight	Delta
Adjustment of Joint Venture -3,403.5 %	-7,902	-746.9 %	-9,632	-3,403.5 %	+21.89%
HMH (Joint Venture) 2,920.1 %	6,477	612.2 %	8,264	2,920.1 %	+27.59%
AKOFS Offshore (Joint Venture) 483.7 %	1,425	134.7 %	1,369	483.7 %	-3.93%
DDW Offshore 81.6 %	-	-	231	81.6 %	-
Other Holdings 18.0 %	269	25.4 %	51	18.0 %	-81.04%

NOK in Million	2022	Weight	2023	Weight	Delta
Norway 100.0 %	779	73.6 %	282	100.0 %	-63.80%

Managers	Title	Age	Since
Frank Ove Reite CEO	Chief Executive Officer	54	14-06-30
Karl Erik Kjelstad CEO	Chief Executive Officer	58	09-06-30
Øyvind Paaske DFI	Director of Finance/CFO	39	13-12-31
Eirik Thomassen CMP	Compliance Officer	-	18-04-30
Kent Liane-Unsgaard CMP	Compliance Officer	-	14-12-31
Bruce Lethuillier CIO	Chief Investment Officer	-	14-12-31
Paal Espen Johnsen CIO	Chief Investment Officer	53	14-12-31
Christian Starberg AUD	Comptroller/Controller/Auditor	-	21-12-31
Kristin Blomberg Sveen AUD	Comptroller/Controller/Auditor	-	13-12-31
Sander Seeberg AUD	Comptroller/Controller/Auditor	-	17-12-31

Members of the board	Title	Age	Since
Lone Fønss Schrøder BRD	Director/Board Member	64	-
Svein Oskar Stoknes BRD	Director/Board Member	54	-
Frank Ove Reite CEO	Chief Executive Officer	54	14-06-30
Kathryn Moore Baker BRD	Director/Board Member	60	14-08-31
Luis Antonio Gomes Araujo BRD	Director/Board Member	65	-
Stian Sjølund BRD	Director/Board Member	-	15-12-31
Asle Christian Halvorsen BRD	Director/Board Member	-	16-12-31
Henning Jensen BRD	Director/Board Member	46	16-12-31
Lone Fønss Schrøderis BRD	Director/Board Member	64	14-08-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	274,000,000	98,963,055 ( 36.12 %)	1,813,974 ( 0.6620 %)	36.12 %

Name	Equities	%	Valuation
AKER ASA 36.70 %	100,565,292	36.70 %	101 M kr
Newtyn Management LLC 15.01 %	41,122,233	15.01 %	41 M kr
Government of Norway 12.08 %	33,100,085	12.08 %	33 M kr
Arne Helge Fredly 6.365 %	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
Edvin Austbø 0.8394 %	2,300,000	0.8394 %	2 M kr
AKASTOR ASA 0.6620 %	1,813,974	0.6620 %	2 M kr

Name	Equities	%	Valuation
ABL GROUP ASA 4.72%	6,060,771	4.72%	6,825,155 $
AKASTOR ASA 0.66%	1,813,974	0.66%	1,829,266 $

Akastor ASA

Building B Oksenøyveien 10

1366, Lysaker

+47 21 52 58 00

http://www.akastor.com

Name	Category and Sector
DOF Deepwater AS DOF Deepwater AS Other TransportationTransportation DOF Deepwater AS provides marine services. The joint venture company is based in Storebo, Norway. The CEO of the Norwegian company is Mons Svendal Aase.	Other Transportation
Aker Wirth GmbH Aker Wirth GmbH Oilfield Services/EquipmentIndustrial Services Part of Akastor ASA, Aker Wirth GmbH provides engineering and industrial construction services to the oil, gas, mining, and energy industry. The private company is located in Germany.	Oilfield Services/Equipment
AGR Bidco AS AGR Bidco AS Contract DrillingIndustrial Services Part of Akastor ASA, AGR Bidco AS provides well, plugging and abandoning and reservoir services. The private company is based in Oslo, Norway. AGR Bidco was acquired by First Geo AS from Advokatfirmaet SchjÃ¸dt AS on April 02, 2019.	Contract Drilling
Akastor AS Akastor AS Oilfield Services/EquipmentIndustrial Services Part of Akastor ASA, Akastor is a Norwegian oil-services investment company with a portfolio of industrial and financial holdings. The private company is located in Norway. The company's focus is to create added value in their holdings by being an active owner and to make value-generating transactions.	Oilfield Services/Equipment
MHWirth AS MHWirth AS Trucks/Construction/Farm MachineryProducer Manufacturing MHWirth AS provides drilling solutions and services. Its products include structures and traveling equipment for both onshore and offshore operation; drilling, make and break equipment; handling equipment and cranes; motion compensation systems; remote controlled systems; drilling fluid processing and high pressure manifolds; drilling risers; pile top drill rigs; and slurry pumps. The firm also offers drilling lifecycle services, optimization services; overhaul, installation, and commissioning; spare parts services; and support services. The company is headquartered in Kristiansand, Norway.	Trucks/Construction/Farm Machinery

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

10.84 NOK

Average target price

17 NOK

Spread / Average Target

+56.83%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Related Equipment and Services

Oil Related Services and Equipment

Other Oil Related Services and Equipment

	1st Jan change	Capi.
AKASTOR ASA	-7.38%	271M
SCHLUMBERGER LIMITED	-2.19%	73.85B
HALLIBURTON COMPANY	+6.20%	34.66B
BAKER HUGHES COMPANY	-6.33%	32.37B
TECHNIPFMC PLC	+24.58%	11.13B
WEATHERFORD INTERNATIONAL PLC	+15.54%	8.36B
NOV INC.	-7.59%	7.58B
CHAMPIONX CORPORATION	+24.48%	7.03B
CNOOC ENERGY TECHNOLOGY & SERVICES LIMITED	+34.74%	5.39B
SAIPEM S.P.A.	+57.62%	5.09B