OverviewSuggest Edit

Akastor is an oil-services investment company with a portfolio of industrial holdings, real estate and other investments. The Company provides drilling equipment, drilling riser solutions, and related products and services; and subsea well construction and intervention services to the oil and gas industry. Akastor also provides flow control equipment, such as valves, wellheads, and trees for offshore and land-based surface production; and engineering, manufacturing, installation, and life-of-field support services. 

TypePublic
Founded1841
HQBærum, NO
Websiteakastor.com

Latest Updates

Employees (est.) (Feb 2019)1,790(-9%)
Share Price (Jun 2020)KR5 (+2%)
Cybersecurity ratingAMore

Key People/Management at Akastor

Kristian M. Røkke

Kristian M. Røkke

Chairman of the Board
Paal Espen Johnsen

Paal Espen Johnsen

Investment Director
Stian Sjølund

Stian Sjølund

Director, Elected by the Employees
Karl Erik Kjelstad

Karl Erik Kjelstad

CEO
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Akastor Office Locations

Akastor has an office in Bærum
Bærum, NO (HQ)
10 Oksenøyveien
Show all (2)

Akastor Financials and Metrics

Akastor Revenue

Market capitalization (27-Apr-2020)

1.1b

Closing stock price (27-Apr-2020)

4.1
Akastor's current market capitalization is kr1.1 b.
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Akastor Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

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Akastor Online and Social Media Presence

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Akastor News and Updates

Akastor ASA: Invitation to Presentation of First Quarter Results 2020

OSLO, Norway, April 14, 2020 /PRNewswire/ -- Akastor ASA will publish its first quarter 2020 results on Tuesday April 28, 2020 at 7:00 a.m. CET. The presentation will be available through a conference call and audiocast only, at 8:00 a.m. CET. The presentation will be audiocasted live,...

Akastor ASA: Fourth Quarter Results 2019

OSLO, Norway, Feb. 13, 2020 /PRNewswire/ -- Highlights Revenue NOK 1 557 million EBITDA NOK 153 million EBITDA margin 9.8 percent Order intake NOK 1 168 million Order backlog NOK 3.2 billion Net interest-bearing debt NOK 0.7 billion Akastor CEO Karl Erik Kjelstad comments: "I am pleased...

Akastor ASA: Invitation to Presentation of Fourth Quarter Results 2019

OSLO, Norway, Jan. 30, 2020 /PRNewswire/ -- Akastor ASA will publish its fourth quarter 2019 results on Thursday February 13, 2020 at 7:00 a.m. CET. The presentation will be available through a conference call and audiocast only, at 8:00 a.m. CET. The presentation will be audiocasted...

Akastor ASA: Øyvind Paaske Appointed as CFO in Akastor

OSLO, Norway, Nov. 22, 2019 /PRNewswire/ -- Øyvind Paaske has been appointed as Chief Financial Officer in Akastor ASA effective from 1 March 2020. He replaces Leif H. Borge who will remain in the position up to this date, after which he will assume a new position in a company outside the...

Akastor ASA: Third Quarter Results 2019

OSLO, Oct. 29, 2019 /PRNewswire/ -- Highlights Revenue NOK 1 430 million EBITDA NOK 133 million EBITDA margin 9.3 percent Order intake NOK 1 149 million Order backlog NOK 3.3 billion Net interest-bearing debt NOK 1.1 billion Akastor CEO Karl Erik Kjelstad comments: "In an offshore rig...

Akastor Frequently Asked Questions

  • When was Akastor founded?

    Akastor was founded in 1841.

  • Who are Akastor key executives?

    Akastor's key executives are Kristian M. Røkke, Paal Espen Johnsen and Stian Sjølund.

  • How many employees does Akastor have?

    Akastor has 1,790 employees.

  • Who are Akastor competitors?

    Competitors of Akastor include Tanfield Group, Jupiter Fund Management and SEI Investments Company.

  • Where is Akastor headquarters?

    Akastor headquarters is located at 10 Oksenøyveien, Bærum.

  • Where are Akastor offices?

    Akastor has an office in Bærum.

  • How many offices does Akastor have?

    Akastor has 2 offices.