Company Aker Solutions ASA

Equities

AKSO

NO0010716582

Oil Related Services and Equipment

Market Closed - Oslo Bors Other stock markets 15:45:00 10/12/2024 GMT			5-day change	1st Jan Change
31.88 ^NOK	-3.39%		-5.40%	-24.13%

06:17am	Pareto Securities lowers Aker Solutions to Hold (Buy), target price NOK 33 (55)	FW
12-06	Citigroup lowers target price for Aker Solutions to NOK 40 (47), reiterates neutral - BN	FW

Business description: Aker Solutions ASA

Aker Solutions ASA is a Norway-based provider of integrated solutions, products and services to the global energy industry. The Company owns and manages the groupâs subsidiaries. Aker Solutionsâ activities are divided into three reporting segments: The Renewables and Field Development segment, that designs and delivers renewable energy solutions for offshore wind, hydrogen and Carbon Capture, Utilization and Storage (CCUS); the Electrification, Maintenance and Modifications (EMM) segment optimizes field life solutions and provides a range of maintenance and modifications services for offshore infrastructure, and offers decarbonization and environmentally sound offerings including electrification solutions, while the Subsea segment supplies a spectrum of intelligent subsea products, systems and solutions globally, as well as subsea lifecycle services. The Company has a subsidiary, Aker Solutions Holding AS.

Number of employees: 11,725

Sales by Activity: Aker Solutions ASA

Fiscal Period: December	2019	2020	2021	2022	2023
Renewables and Field Development	-	10.75B	10.54B	14.84B	21.87B
Life Cycle	-	8.7B	9.2B	12.16B	13.02B
Services	6B	-	-	-	-
Other	176M	144M	26M	280M	991M
Eliminations	-160M	-606M	-266M	-116M	-
Projects	23.25B	-	-	-	-
Subsea	-	9.44B	9.69B	14.05B	-

See all business segments

Geographical breakdown of sales: Aker Solutions ASA

Fiscal Period: December	2019	2020	2021	2022	2023
Norway	17.35B	18.96B	23.07B	33.14B	31.78B
USA	972M	1.24B	948M	2.36B	1.02B
Canada	579M	712M	475M	692M	973M
Brunei	806M	771M	664M	694M	874M
United Kingdom (UK)	3.61B	1.34B	1B	970M	472M
Malaysia	2.37B	1.57B	925M	824M	286M
Angola	1.03B	939M	555M	777M	264M
India	240M	-	196M	95M	80M
Brazil	2.07B	1.03B	1.03B	1.29B	73M
Other Countries	237M	439M	136M	104M	55M
Russia	-	498M	4M	-	-
United Arab Emirates	-	522M	63M	44M	-
Congo	-	-	-	146M	-
Australia	-	412M	125M	77M	-

See all geographic segments

Managers: Aker Solutions ASA

Director	Title	Age	Since
Kjetel Digre CEO	Chief Executive Officer	55	31/07/2020
Idar Eikrem DFI	Director of Finance/CFO	-	31/07/2020
Preben Orbeck IRC	Investor Relations Contact	-	31/12/2022
Paal Eikeseth PRN	Corporate Officer/Principal	-	31/03/2022
Henrik Inadomi CMP	Compliance Officer	-	31/07/2021

See AKER SOLUTIONS ASA governance

Members of the board: Aker Solutions ASA

Manager	Title	Age	Since
Lone Fønss Schrøder BRD	Director/Board Member	64	31/12/2008
Kjell Inge Røkke BRD	Director/Board Member	66	22/05/2014
Øyvind Eriksen CHM	Chairman	60	22/05/2014
Hilde Karlsen BRD	Director/Board Member	57	28/02/2011
Birgit Aagaard-Svendsen BRD	Director/Board Member	68	31/12/2022
Leif Arne Langøy CHM	Chairman	68	31/12/2022
Jan Arve Haugan BRD	Director/Board Member	67	31/12/2021
Line Småge Breidablikk BRD	Director/Board Member	39	31/03/2021
Elisabeth Heggelund Torstad BRD	Director/Board Member	59	31/12/2021
Stian Pettersen Sagvold BRD	Director/Board Member	40	31/12/2022

Composition of the Board of Directors

Shareholders: Aker Solutions ASA

Name	Equities	%	Valuation
AKER ASA 39.41 %	193,950,894	39.41 %	552 M kr
Government of Norway 6.114 %	30,092,943	6.114 %	86 M kr
Folketrygdfondet 5.664 %	27,877,176	5.664 %	79 M kr
AKER SOLUTIONS ASA 2.785 %	13,708,424	2.785 %	39 M kr
Storebrand Asset Management AS 2.046 %	10,068,044	2.046 %	29 M kr

List of AKER SOLUTIONS ASA shareholders

Holdings: Aker Solutions ASA

Name	Equities	%	Valuation
AKER SOLUTIONS ASA 2.79%	13,708,424	2.79%	39,011,981 $

Company details: Aker Solutions ASA

Aker Solutions ASA

Oksenøyveien 8

1366, Lysaker

+47 67 51 30 00

http://www.akersolutions.com

Group companies: Aker Solutions ASA

Name	Category and Sector
Aker Powergas Subsea Pvt Ltd.
Aker Powergas Pvt Ltd.
Aker Solutions AS Aker Solutions AS Oilfield Services/EquipmentIndustrial Services Part of Aker Solutions ASA, Aker Solutions provides oil well intervention services. The company is based in Lysaker, Norway. Founded in 1978.	Oilfield Services/Equipment

See all subsidiaries

Oil Related Services

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
AKER SOLUTIONS ASA	-3.39%	-5.40%	-19.25%	+37.59%	1.42B
SUBSEA 7 S.A.	-1.42%	-2.58%	+19.07%	+174.46%	4.71B
TECHNIP ENERGIES N.V.	+0.75%	+1.35%	+18.39%	+103.38%	4.42B
LIBERTY ENERGY INC.	+7.15%	-0.22%	+3.99%	+77.22%	2.85B
TGS ASA	-0.98%	-0.09%	-11.27%	+30.13%	1.98B
SELECT WATER SOLUTIONS, INC.	+1.74%	-4.10%	+97.78%	+120.03%	1.45B
BUMI ARMADA	0.00%	+8.77%	+22.77%	+36.26%	830M
DAYANG ENTERPRISE HOLDINGS	+0.50%	+0.50%	+34.44%	+149.08%	528M
HEAVY ENGINEERING INDUSTRIES AND SHIPBUILDING COMPANY K.S.C.P.	-0.85%	-0.24%	-5.32%	+58.41%	483M
BW OFFSHORE LIMITED	-1.08%	-0.90%	+27.67%	+8.50%	452M
Average	+0.13%	+0.39%	+18.83%	+79.51%	1.91B
Weighted average by Cap.	+0.49%	+0.44%	+16.82%	+100.72%