OverviewSuggest Edit

Aker is an industrial investment company, which focuses on the oil and gas, maritime assets, and marine biotechnology sectors. It operates through two segments - industrial holdings and financial investments. The company supplies products, systems, and services for the oil and gas industry, provides engineering and construction services to the energy and process industries, as well as explores and produces oil and gas on the Norwegian continental shelf. It also develops, manufactures and sells krill-based ingredients.

TypePublic
Founded1841
HQLysaker, NO
Websiteeng.akerasa.com

Locations

Aker is headquartered in
Lysaker, Norway

Location Map

Latest Updates

Employees (est.) (Dec 2018)21,627(+12%)
Revenue (FY, 2018)KR194 M(-89%)
Share Price (Jun 2021)KR664

Key People/Management at Aker

Kjell Inge Røkke

Kjell Inge Røkke

Chairman
Øyvind Eriksen

Øyvind Eriksen

President & CEO
Frank O. Reite

Frank O. Reite

CFO
Karen Simon

Karen Simon

Director
Svein Oskar Stoknes

Svein Oskar Stoknes

Chief Financial Officer
Tommy Angelveit

Tommy Angelveit

Director
Show more

Aker Office Locations

Aker has an office in Lysaker
Lysaker, NO (HQ)
Oksenøyveien 10
Show all (2)

Aker Financials and Metrics

Aker Revenue

Aker's revenue was reported to be kr194 m in FY, 2018
NOK

Net income (FY, 2019)

2.2b

EBITDA (FY, 2019)

(267.0m)

Market capitalization (3-Jun-2021)

49.4b

Closing stock price (3-Jun-2021)

664.0

Cash (30-Sept-2019)

2.7b

EV

57.7b
Aker's current market capitalization is kr49.4 b.
Annual
NOKFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.9b194.0m

Operating expense total

198.0m244.0m254.0m267.0m

Depreciation and amortization

32.0m14.0m18.0m25.0m

EBITDA

(267.0m)
Quarterly
NOKQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019

Revenue

194.0m

Operating expense total

63.0m54.0m51.0m76.0m68.0m62.0m67.0m58.0m66.0m69.0m67.0m64.0m

Depreciation and amortization

4.0m4.0m4.0m4.0m4.0m4.0m5.0m5.0m5.0m6.0m6.0m8.0m

EBITDA

(63.0m)(54.0m)(51.0m)(76.0m)(68.0m)132.0m(67.0m)(58.0m)(66.0m)(69.0m)(67.0m)(64.0m)
Annual
NOKFY, 2016FY, 2017FY, 2018

Cash

4.5b1.2b1.9b

Accounts Receivable

43.0m323.0m417.0m

Current Assets

4.5b1.6b2.4b

PP&E

131.0m149.0m328.0m
Quarterly
NOKQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

3.9b1.6b1.2b2.5b1.2b1.2b3.2b3.4b2.7b

Accounts Receivable

148.0m76.0m54.0m126.0m349.0m374.0m345.0m425.0m374.0m

Total Assets

23.0b20.8b20.7b24.2b23.4b23.7b25.4b25.9b25.0b

Total Debt

9.2b7.2b6.9b11.1b9.2b9.2b12.0b12.0b11.0b
NOKFY, 2016

Revenue/Employee

86.2k

Debt/Equity

0.6 x

Debt/Assets

0.4 x

Financial Leverage

1.8 x
Show all financial metrics

Aker Acquisitions / Subsidiaries

Company NameDateDeal Size
AGE Air AS
Aker Achievements AS
Aker ASA
Aker BioMarine AS
Aker Capital AS
Aker Holding Start 2 AS
Aker Kværner Holding AS
Aker US Services LLC
Intellectual Property Holdings AS
Ocean Yield ASA
Show more

Aker Revenue Breakdown

Embed Graph

Aker revenue breakdown by business segment: 100.0% from Sale of Shares in Fornebuporten Holding AS

Aker Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Aker Online and Social Media Presence

Embed Graph

Aker Frequently Asked Questions

  • When was Aker founded?

    Aker was founded in 1841.

  • Who are Aker key executives?

    Aker's key executives are Kjell Inge Røkke, Øyvind Eriksen and Frank O. Reite.

  • How many employees does Aker have?

    Aker has 21,627 employees.

  • Who are Aker competitors?

    Competitors of Aker include Kongsberg, Pargesa and Techint.

  • Where is Aker headquarters?

    Aker headquarters is located at Oksenøyveien 10, Lysaker.

  • Where are Aker offices?

    Aker has an office in Lysaker.

  • How many offices does Aker have?

    Aker has 2 offices.